J C KELLOGG FOUNDATION: Form 990PF, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- J C KELLOGG FOUNDATION (EIN 13-6092448)
- Tax period
- 2020-09-01 to 2021-08-31
- Filed
- 2022-07-15
- IRS object ID
- 202241969349100014
- Schema version
- 2020v4.1
- 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
- Contractor Compensation Expln
- Depreciation Schedule
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Investments Other Schedule2
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-07-15T10:41:26-05:00 | ReturnTs |
| Tax Period End | 2021-08-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | IAT RE LTD | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 48 WALL STREET | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10005 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2020-09-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 136092448 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JC KELLOGG FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % MICHAEL PICKETT | InCareOfNm |
| Business Name Control | JCKE | BusinessNameControlTxt |
| Phone | 2123895841 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | C/O IAT INSURANCE GROUP INC | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10005 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | PETER KELLOGG | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 2123895841 | PhoneNum |
| Signature | 2022-07-14 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | PETER | PersonFirstNm |
| Person Last | KELLOGG | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | MICHAEL PICKETT | PreparerPersonNm |
| PTIN | P01208263 | PTIN |
| Phone | 2123895835 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2020 | 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 | $164,300,375 | 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 | $0 | ContriRcvdRevAndExpnssAmt |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Dividends Rev And Expnss | $2,329,049 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $2,298,945 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | -$525,086 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $9,042,921 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $0 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $368,908 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $368,908 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $2,172,871 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $2,667,853 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Other Prof Fees Rev And Expnss | $333,705 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $333,705 | OtherProfFeesNetInvstIncmAmt |
| Interest Rev And Expnss | $2,361 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $2,361 | InterestNetInvstIncmAmt |
| Taxes Rev And Expnss | $90,124 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $30,124 | TaxesNetInvstIncmAmt |
| Deprec And Dpltn Rev And Expnss | $230,668 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $230,668 | DeprecAndDpltnNetInvstIncmAmt |
| Other Expenses Rev And Expnss | $15,350 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $15,350 | OtherExpensesNetInvstIncmAmt |
| Tot Opr Expenses Rev And Expnss | $672,208 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $612,208 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $6,589,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $6,589,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $7,261,208 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $612,208 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $6,589,000 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$5,088,337 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $2,055,645 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $2,664,659 | CashBOYAmt |
| Cash EOY | $831,623 | CashEOYAmt |
| Cash EOYFMV | $831,623 | CashEOYFMVAmt |
| US Government Obligations BOY | $1,457,661 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $1,264,084 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $1,306,692 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $75,331,837 | CorporateStockBOYAmt |
| Corporate Stock EOY | $77,537,128 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $159,326,677 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $201,649 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $102,029 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $101,050 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $3,560,226 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $2,734,333 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $2,734,333 | OtherInvestmentsEOYFMVAmt |
| Other Assets EOYFMV | $0 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $83,216,032 | TotalAssetsBOYAmt |
| Total Assets EOY | $82,469,197 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $164,300,375 | TotalAssetsEOYFMVAmt |
| Other Liabilities BOY | $374,013 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $140,348 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $374,013 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $140,348 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $58,436,098 | CapitalStockBOYAmt |
| Capital Stock EOY | $58,436,098 | CapitalStockEOYAmt |
| Retained Earning BOY | $24,405,921 | RetainedEarningBOYAmt |
| Retained Earning EOY | $19,317,584 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $82,842,019 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $82,328,849 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $83,216,032 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $82,469,197 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $82,842,019 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$5,088,337 | ExcessRevenueOverExpensesAmt |
| Other Increases | $4,575,167 | OtherIncreasesAmt |
| Subtotal | $82,328,849 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $82,328,849 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (7 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| THRU MERRION SECURITIES -0008 | P | 2019-08-20 | 2021-01-11 | $1,668,026 | $2,123,203 | -$455,177 | -$455,177 |
| THRU MERRION SECURITIES-0008 | P | 2021-01-11 | 2021-08-11 | $553,690 | $932,081 | -$378,391 | -$378,391 |
| THRU MERRION SECURITIES-1038 | P | 2009-07-14 | 2020-10-20 | $1,127,113 | $1,241,747 | -$114,634 | -$114,634 |
| THRU MERRION SECURITIES-1038 | 2020-04-29 | 2021-01-15 | $218,610 | $366,402 | -$147,792 | -$147,792 | |
| THRU MERRION SECURITIES- | P | 2009-01-15 | 2020-10-29 | $88,810 | $197,802 | -$108,992 | -$108,992 |
| THRU CHARLES SCHWAB | 2019-05-06 | 2021-02-28 | $5,386,672 | $4,312,769 | $1,073,903 | $1,073,903 | |
| THRU NIMBO PARTNERS | $394,003 | -$394,003 | -$394,003 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -$525,086 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $28,573 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $28,573 | SubtotalAmt |
| Tax Based On Investment Income | $28,573 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $18,303 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $25,000 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $43,303 | TotalPaymentsAndCreditsAmt |
| Overpayment | $14,730 | OverpaymentAmt |
| Applied To ES Tax | $14,730 | 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 | NJ | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | Yes (true) | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MICHAEL PICKETT | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2123895835 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 48 WALL SREET | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10005 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Undistr Incm Sect4942a2 Not App | false | UndistrIncmSect4942a2NotAppInd |
| 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 |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Proceeds Or Net Income | false | ProceedsOrNetIncomeInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (4 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 |
|---|---|---|---|---|---|---|---|---|
| GAIL KELLOGG | ||||||||
| C/O IAT INSURANCE GROUP INC | NEW YORK | NY | 10005 | PRESIDENT/TREASURER | 0 | $0 | $0 | $0 |
| PETER R KELLOGG | ||||||||
| C/O IAT INSURANCE GROUP INC | NEW YORK | NY | 10005 | VICE PRESIDENT | 0 | $0 | $0 | $0 |
| MORRIS W KELLOGG | ||||||||
| C/O IAT INSURANCE GROUP INC | NEW YORK | NY | 10005 | TRUSTEE | 0 | $0 | $0 | $0 |
| RICHARD I KELLOGG | ||||||||
| C/O IAT INSURANCE GROUP INC | NEW YORK | NY | 10005 | TRUSTEE | 0 | $0 | $0 | $0 |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| MERRION SECURITIES LLC | |||||
| 210 ELMER STREET | WESTFIELD | NJ | 07090 | INVESTMENT ADVISORY | $176,037 |
| CHARLES SCHWAB | |||||
| 211 MAIN STREET | SAN FRANCISCO | CA | 94105 | INVESTMENT ADVISOR | $157,668 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Summary Of Direct Chrtbl Acty | SummaryOfDirectChrtblActyGrp |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | NONE | Description1Txt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $139,383,714 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $1,516,857 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $2,932,862 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $143,833,433 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $143,833,433 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $2,157,501 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $141,675,932 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $7,083,797 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $7,083,797 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $28,573 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $28,573 | TotalTaxAmt |
| Distributable Before Adj | $7,055,224 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $7,055,224 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $7,055,224 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $6,589,000 | 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 | $6,589,000 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $6,589,000 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $7,055,224 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Prior Year1 | 2018 | PriorYear1Yr |
| Prior Year2 | 2017 | PriorYear2Yr |
| Prior Year3 | 2016 | PriorYear3Yr |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr4 | $46,428 | ExcessDistributionCyovYr4Amt |
| Total Excess Distribution Cyov | $46,428 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $6,589,000 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Current Year | $6,589,000 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $46,428 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $46,428 | ExcessDistributionCyovAppCYAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $419,796 | UndistributedIncomeCYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | MORRIS W KELLOGG RICHARD I KELLO | ContributingManagerNm |
| Contributing Manager | PETER R KELLOGG | ContributingManagerNm |
| Shareholder Manager | NONE | ShareholderManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (3 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| OCEAN COUNTY MEDICAL CENTER | ||||||
| 425 JACK MARTIN BLVD | BRICK | NJ | 08724 | NONE | TO HELP THE ORGANIZATION IN ITS 501(c)3 FUNCTION | $250,000 |
| COMMUNITY FOUNDATION OF NEW JERSEY | ||||||
| 35 KNOX HILL RD | MORRISTOWN | NJ | 07960 | NONE | DONOR ADVISED FUND | $5,339,000 |
| BERKSHIRE SCHOOL | ||||||
| 245 UNDERMOUNTAIN ROAD | SHEFFIELD | MA | 01257 | NONE | TO HELP ORGANIZATION IN ITS 501(c)3 FUNCTION | $1,000,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $6,589,000 | 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 |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $2,329,049 | 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 Incm Part VII | OtherInvestmentIncmPartVIIGrp |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | -$525,086 | 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 (2 entries)
| DescDesc | ExclusionExclusionCd | ExclusionExclusionAmt |
|---|---|---|
| OIL REVENUE, PARTNERSHIP INCOME | 18 | $389,260 |
| PARTNERSHIP LOSS | -$20,352 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $2,172,871 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $2,172,871 | 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 |
Contractor Compensation Expln ContractorCompensationExpln
Contractor Comp Expln ContractorCompExplnGrp (2 entries)
| ExplanationExplanationTxt |
|---|
| MERRION SECURITIES LLC |
| MANAGEMENT OF INVESTMENT ACCOUNTS |
| CHARLES SCHWAB |
| MANAGEMENT OF INVESTMENT ACCOUNT |
Depreciation Schedule DepreciationSchedule
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | CORPORATE BONDS- CHARLES SCHWA | BondNm |
| EOY Book Value | $102,029 | EOYBookValueAmt |
| EOYFMV | $101,050 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (5 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| THRU MERRION SECURITIES-1038 | $17,560,416 | $30,306,929 |
| THRU MERRION SECURITIES-1153 | $335,059 | $382,986 |
| THRU MERRION SECURITIES-1008 | $23,443,958 | $56,468,293 |
| THRU CHARLES SCHWAB | $13,808,379 | $36,955,178 |
| THRU VANGUARD | $22,389,316 | $35,213,291 |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $999,850 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $999,932 | USGovtObligationsEOYFMVAmt |
| State Local Sec Book Vl EOY | $264,234 | StateLocalSecBookVlEOYAmt |
| State Local Sec EOYFMV | $306,760 | StateLocalSecEOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (5 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| KEEFE BRUYETTE & WOODS | AT COST | $0 | $0 |
| COMPASS ROYALTY MGMT LLC | AT COST | $2,351,518 | $2,351,518 |
| NIBMO PARTNERS | AT COST | $116,047 | $116,047 |
| LANCO II | AT COST | $63 | $63 |
| THRU CHARLES SCHWAB-MLP | AT COST | $266,705 | $266,705 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (5 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| FOUNDATION DUES | $5,095 | $5,095 |
| BANK FEES | $52 | $52 |
| FILING FEES | $31 | $31 |
| ADR FEES | $1,422 | $1,422 |
| CONSULTING FEES | $8,750 | $8,750 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (4 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| COMPASS ROYALTIES MGMT LLC & APACHE OIL | $389,260 | $389,260 |
| NIMBO PARTNERS EIN 98-0470112 | -$2,459 | -$2,459 |
| ENTERPRISE PRODUCTS PARTNERS LP 76-05868 | -$42,738 | -$42,738 |
| DCP MIDSTREAM LP EIN -03-0567133 | $24,845 | $24,845 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail (2 entries)
| DescDesc | AmtAmt |
|---|---|
| PRIOR YEAR ADJUSTMENTS RECEIVABLES | $5,283 |
| UNREALIZED GAIN ON STOCK CONTRIBUTION | $4,569,884 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | SECURITIES SOLD NOT YET PURCHASED | Desc |
| BOY Book Value | $374,013 | BOYBookValueAmt |
| EOY Book Value | $140,348 | EOYBookValueAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (4 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| INVESTMENT ADVISORY FEES- | ||
| MERRION | $176,037 | $176,037 |
| INVESTMENT ADVISORY FEES - | ||
| SCHWAB | $157,668 | $157,668 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| FOREIGN TAXES | $29,864 | $29,864 |
| FEDERAL EXCISE TAX | $60,000 | |
| OTHER TAXES | $260 | $260 |
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