FATTA FOUNDATION INC: Form 990PF, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- FATTA FOUNDATION INC (EIN 31-1617296)
- Tax period
- 2021-01-01 to 2021-12-31
- Filed
- 2022-11-14
- IRS object ID
- 202203189349101500
- 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
- Accounting Fees Schedule
- Depreciation Schedule
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Investments Other Schedule2
- Land Etc Schedule2
- Other Assets Schedule
- Other Expenses Schedule
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-11-14T08:07:04-06:00 | ReturnTs |
| Tax Period End | 2021-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 160765486 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LUMSDEN & MCCORMICK LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 369 FRANKLIN STREET | AddressLine1Txt |
| City | BUFFALO | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 14202 | 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 | 311617296 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE FATTA FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | FATT | BusinessNameControlTxt |
| Phone | 7167683663 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 925 DELAWARE AVENUE 9C | AddressLine1Txt |
| City | BUFFALO | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 14209 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ANGELO FATTA | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 7167683663 | PhoneNum |
| Signature | 2022-11-08 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | ANGELO | PersonFirstNm |
| Person Last | FATTA | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | CHERYL A JANKOWSKI CPA | PreparerPersonNm |
| PTIN | P00540410 | PTIN |
| Phone | 7168563300 | PhoneNum |
| Preparation | 2022-11-08 | PreparationDt |
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 | $5,408,817 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $348 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $348 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $112,919 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $112,919 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $313,150 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $940,994 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $313,150 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $426,417 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $426,417 | 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 | $5,785 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $2,893 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $2,893 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $27,667 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $27,667 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $4,076 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $1,377 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $250 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $7,720 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $0 | DeprecAndDpltnNetInvstIncmAmt |
| Occupancy Rev And Expnss | $27,802 | OccupancyRevAndExpnssAmt |
| Occupancy Net Invst Incm | $0 | OccupancyNetInvstIncmAmt |
| Occupancy Dsbrs Chrtbl | $27,802 | OccupancyDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $49 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $0 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $49 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $73,099 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $31,937 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $30,994 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $318,366 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $318,366 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $391,465 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $31,937 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $349,360 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $34,952 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $394,480 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $18,976 | CashBOYAmt |
| Cash EOY | $33,845 | CashEOYAmt |
| Cash EOYFMV | $33,845 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $83,102 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $97,671 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $97,671 | SavAndTempCashInvstEOYFMVAmt |
| US Government Obligations BOY | $46,146 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $41,075 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $43,692 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $534,787 | CorporateStockBOYAmt |
| Corporate Stock EOY | $372,417 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $559,898 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $26,250 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $26,250 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $31,184 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $2,975,076 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $3,154,197 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $4,402,360 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $311,896 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $75,279 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $244,337 | LandBOYAmt |
| Land EOY | $236,617 | LandEOYAmt |
| Land EOYFMV | $236,617 | LandEOYFMVAmt |
| Other Assets BOY | $1,996 | OtherAssetsBOYAmt |
| Other Assets EOY | $3,550 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $3,550 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $3,930,670 | TotalAssetsBOYAmt |
| Total Assets EOY | $3,965,622 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $5,408,817 | TotalAssetsEOYFMVAmt |
| Other Liabilities BOY | $2,033 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $2,033 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $2,033 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $2,033 | 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 | $3,928,637 | RetainedEarningBOYAmt |
| Retained Earning EOY | $3,963,589 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $3,928,637 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $3,963,589 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $3,930,670 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $3,965,622 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $3,928,637 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $34,952 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $3,963,589 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $3,963,589 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (6 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|
| M&T INVESTMENT GROUP #9497 | P | $116,975 | $103,681 | $13,294 | $13,294 |
| M&T INVESTMENT GROUP #9497 | P | $384,940 | $248,291 | $136,649 | $136,649 |
| M&T INVESTMENT GROUP #9497 | P | $30,859 | $11,318 | $19,541 | $19,541 |
| M&T INVESTMENT GROUP #3000 | P | $82,008 | $73,506 | $8,502 | $8,502 |
| M&T INVESTMENT GROUP #3000 | P | $250,180 | $191,048 | $59,132 | $59,132 |
| CAPITAL GAINS DIVIDENDS | P | $76,032 | $76,032 | $76,032 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $313,150 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $5,483 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $5,483 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $5,483 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $3,560 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $4,600 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $8,160 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $2,677 | OverpaymentAmt |
| Applied To ES Tax | $2,677 | 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 | 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 | NY | 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 | ANGELO FATTA | IndividualWithBooksNm |
| Phone | 7167683663 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | THE CAMPANILE 925 DELAWARE AVENUE | AddressLine1Txt |
| Address Line2 | UNIT 9C | AddressLine2Txt |
| City | BUFFALO | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 14209 | 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 (4 entries)
| Address Line1USAddress/AddressLine1Txt | Address Line2USAddress/AddressLine2Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|---|
| CAROL A FATTA | |||||||||
| THE CAMPANILE 925 DELAWARE AVENUE | UNIT 9C | BUFFALO | NY | 14209 | DIRECTOR AND PRESIDENT | 3.00 | $0 | $0 | $0 |
| ANGELO M FATTA | |||||||||
| THE CAMPANILE 925 DELAWARE AVENUE | UNIT 9C | BUFFALO | NY | 14209 | DIRECTOR,SECRETARY,TREAS. | 3.00 | $0 | $0 | $0 |
| JOHN D FATTA | |||||||||
| PO BOX 119 | BUFFALO | NY | 14207 | DIRECTOR | 0.00 | $0 | $0 | $0 | |
| SUZANNE E FATTA | |||||||||
| 731 WEST DELAVAN AVENUE | BUFFALO | NY | 14222 | DIRECTOR | 0.00 | $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 | $5,092,241 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $131,438 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $5,223,679 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $5,223,679 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $78,355 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $5,145,324 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $257,266 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $257,266 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $5,483 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $5,483 | TotalTaxAmt |
| Distributable Before Adj | $251,783 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $251,783 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $251,783 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $349,360 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $349,360 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $251,783 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $262,606 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $277,287 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $135,500 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $82,672 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $203,079 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $961,144 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $349,360 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $251,783 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $97,577 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $1,058,721 | 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 | $262,606 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $796,115 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $277,287 | ExcessFromYear4Amt |
| Excess From Year3 | $135,500 | ExcessFromYear3Amt |
| Excess From Year2 | $82,672 | ExcessFromYear2Amt |
| Excess From Year1 | $203,079 | ExcessFromYear1Amt |
| Excess From Current Year | $97,577 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | CAROL A FATTA | ContributingManagerNm |
| Contributing Manager | ANGELO M FATTA | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (20 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| ALBRIGHT KNOX ART GALLERY | |||||||
| 1285 ELMWOOD AVENUE | BUFFALO | NY | 14222 | N/A | PC | CHARITABLE | $30,000 |
| ALLEYWAY THEATRE | |||||||
| 1 CURTAIN UP ALLEY | BUFFALO | NY | 14202 | N/A | PC | CHARITABLE | $5,000 |
| BLACK ROCK & RIVERSIDE FOOD PANTRY | |||||||
| 809 TONAWANDA STREET | BUFFALO | NY | 14207 | N/A | PC | CHARITABLE | $1,000 |
| BUFFALO FIRE HISTORICAL SOCIETY | |||||||
| 1850 WILLIAM STREET | BUFFALO | NY | 14206 | N/A | PC | CHARITABLE | $500 |
| BUFFALO PHILHARMONIC ORCHESTRA | |||||||
| 499 FRANKLIN ST | BUFFALO | NY | 14202 | N/A | PC | CHARITABLE | $251,616 |
| CATHOLIC CHARITIES | |||||||
| 525 WASHINGTON STREET | BUFFALO | NY | 14203 | N/A | PC | CHARITABLE | $10,000 |
| EL MUSEO | |||||||
| 91 ALLEN STREET | BUFFALO | NY | 14202 | N/A | PC | CHARITABLE | $500 |
| FRIENDS OF THE NIGHT PEOPLE | |||||||
| 394 HUDSON STREET | BUFFALO | NY | 14201 | N/A | PC | CHARITABLE | $1,000 |
| HEARTS FOR THE HOMELESS | |||||||
| PO BOX 437 | BUFFALO | NY | 14223 | N/A | PC | CHARITABLE | $1,000 |
| KALEIDA HEALTH ADULT FOUNDATION | |||||||
| 1028 MAIN ST | BUFFALO | NY | 14202 | N/A | PC | CHARITABLE | $500 |
| MADONNA OF THE STREETS | |||||||
| PO BOX 448 | BUFFALO | NY | 14215 | N/A | PC | CHARITABLE | $500 |
| NARDIN ACADEMY | |||||||
| 135 CLEVELAND AVENUE | BUFFALO | NY | 14222 | N/A | PC | CHARITABLE | $2,750 |
| NIAGARA AEROSPACE MUSEUM | |||||||
| PO BOX 935 | NIAGARA FALLS | NY | 14303 | N/A | PC | CHARITABLE | $1,000 |
| ROSWELL PARK ALLIANCE FOUNDATION | |||||||
| ELM CARLTON STREETS | BUFFALO | NY | 14263 | N/A | PC | CHARITABLE | $5,000 |
| SQUEAKY WHEEL | |||||||
| 617 MAIN STREET | BUFFALO | NY | 14203 | N/A | PC | CHARITABLE | $1,000 |
| TORN SPACE THEATER | |||||||
| 270 LAFAYETTE AVENUE | BUFFALO | NY | 14213 | N/A | PC | ARTS & CULTURE | $1,000 |
| UNIVERSITY AT BUFFALO FOUNDATION | |||||||
| PO BOX 730 | BUFFALO | NY | 14226 | N/A | PC | EDUCATION | $3,000 |
| ECC FOUNDATION | |||||||
| 6205 MAIN STREET | WILLIAMSVILLE | NY | 14221 | N/A | PC | CHARITABLE | $500 |
| SENIOR WISHES | |||||||
| 1 FOX RUN LN | ORCHARD PARK | NY | 14127 | N/A | PC | CHARITABLE | $1,500 |
| ROTARY CLUB OF BUFFALO | |||||||
| 617 MAIN ST | BUFFALO | NY | 14203 | N/A | PC | CHARITABLE | $1,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $318,366 | TotalGrantOrContriPdDurYrAmt |
Grant Or Contri Apprv For Fut GrantOrContriApprvForFutGrp
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BUFFALO PHILHARMONIC ORCHESTRA | BusinessNameLine1Txt |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 499 FRANKLIN ST | AddressLine1Txt |
| City | BUFFALO | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 14202 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Relationship | N/A | RecipientRelationshipTxt |
| Recipient Foundation Status | PC | RecipientFoundationStatusTxt |
| Grant Or Contribution Purpose | ARTS & CULTURE | GrantOrContributionPurposeTxt |
| Amt | $1,000,000 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Apprv Fut | $1,000,000 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $348 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $112,919 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $313,150 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $426,417 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $426,417 | 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 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $5,785 | Amt |
| Net Investment Income | $2,893 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $2,893 | DisbursementsCharitablePrpsAmt |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp (31 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | Cost Or Other BasisCostOrOtherBasisAmt | Prior Year DepreciationPriorYearDepreciationAmt | Computation MethodComputationMethodTxt | LifeLifeRt | Current Year ExpenseCurrentYearExpenseAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|---|---|---|---|
| HP PRINTER | 2008-08-07 | $109 | $54 | 200DB | 5.000000000000 | $0 | $0 |
| MAC COMPUTER | 2008-08-07 | $1,689 | $844 | 200DB | 5.000000000000 | $0 | $0 |
| 52 AMHERST ST BUILDING | 2012-06-29 | $153,558 | $33,629 | SL | 39.000000000000 | $3,937 | $0 |
| 52 AMHERST ST CAPITAL IMPROVEMENTS | 2012-12-01 | $27,068 | $5,581 | SL | 39.000000000000 | $694 | $0 |
| 52 AMHERST ST BOOK SHELF | 2012-03-06 | $514 | $257 | 200DB | 5.000000000000 | $0 | $0 |
| 52 AMHERST ST CARPET | 2013-07-08 | $7,592 | $3,796 | 200DB | 7.000000000000 | $0 | $0 |
| 52 AMHERST ST WINDOWS | 2013-11-11 | $4,443 | $812 | SL | 39.000000000000 | $114 | $0 |
| 52 AMHERST ST WINDOWS | 2013-11-12 | $6,904 | $1,261 | SL | 39.000000000000 | $177 | $0 |
| 52 AMHERST ST PAINTING/REMODELING | 2013-06-30 | $17,375 | $3,363 | SL | 39.000000000000 | $446 | $0 |
| 52 AMHERST ST HVAC | 2013-11-04 | $11,767 | $2,152 | SL | 39.000000000000 | $302 | $0 |
| 52 AMHERST ST SECURITY SYSTEM | 2013-09-18 | $4,306 | $802 | SL | 39.000000000000 | $110 | $0 |
| 52 AMHERST ST WINDOWS | 2014-03-26 | $900 | $156 | SL | 39.000000000000 | $23 | $0 |
| 52 AMHERST ST WINDOWS | 2014-10-30 | $1,075 | $174 | SL | 39.000000000000 | $28 | $0 |
| 52 AMHERST ST FLOORING | 2014-03-19 | $2,333 | $407 | SL | 39.000000000000 | $60 | $0 |
| 52 AMHERST ST COMPUTER | 2014-01-23 | $1,739 | $869 | 200DB | 5.000000000000 | $0 | $0 |
| 52 AMHERST ST COMPUTER | 2014-01-24 | $1,848 | $924 | 200DB | 5.000000000000 | $0 | $0 |
| 52 AMHERST ST WINDOWS | 2015-02-11 | $1,075 | $164 | SL | 39.000000000000 | $28 | $0 |
| 52 AMHERST ST CONCRETE DRIVEWAY | 2016-10-12 | $6,000 | $648 | SL | 39.000000000000 | $154 | $0 |
| 52 AMHERST ST BLINDS | 2016-10-20 | $3,325 | $358 | SL | 39.000000000000 | $85 | $0 |
| 52 AMHERST ST GLASS | 2016-09-24 | $1,348 | $150 | SL | 39.000000000000 | $35 | $0 |
| 52 AMHERST ST COMPUTER | 2017-07-11 | $1,379 | $570 | 200DB | 5.000000000000 | $79 | $0 |
| 52 AMHERST ST COMPUTER | 2017-07-12 | $1,465 | $605 | 200DB | 5.000000000000 | $85 | $0 |
| 52 AMHERST ST CAPITAL IMPROVEMENTS | 2018-07-11 | $3,376 | $214 | SL | 39.000000000000 | $87 | $0 |
| 52 AMHERST ST FENCE | 2018-07-13 | $1,000 | L | 15.000000000000 | $0 | $0 | |
| 52 AMHERST ST SHADES | 2018-01-11 | $2,624 | $198 | SL | 39.000000000000 | $67 | $0 |
| 52 AMHERST ST CAPITAL IMPROVEMENTS | 2019-07-11 | $35,488 | $1,327 | SL | 39.000000000000 | $910 | $0 |
| 52 AMHERST ST PAVING | 2020-09-10 | $2,600 | $19 | SL | 39.000000000000 | $67 | $0 |
| 52 AMHERST ST INSULATION | 2020-09-16 | $2,600 | $19 | SL | 39.000000000000 | $67 | $0 |
| 52 AMHERST ST PAVING | 2020-09-29 | $3,000 | $22 | SL | 39.000000000000 | $77 | $0 |
| 52 AMHERST ST GLASS | 2020-10-02 | $1,698 | $9 | SL | 39.000000000000 | $44 | $0 |
| 52 AMHERST ST GLASS | 2020-11-13 | $1,698 | $5 | SL | 39.000000000000 | $44 | $0 |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | CORPORATE BONDS - (DETAILS AVAILABLE UPON REQUEST) | BondNm |
| EOY Book Value | $26,250 | EOYBookValueAmt |
| EOYFMV | $31,184 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | COMMON STOCK - (DETAILS AVAILABLE UPON REQUEST) | StockNm |
| EOY Book Value | $372,417 | EOYBookValueAmt |
| EOYFMV | $559,898 | EOYFMVAmt |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $41,075 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $43,692 | USGovtObligationsEOYFMVAmt |
| State Local Sec Book Vl EOY | $0 | StateLocalSecBookVlEOYAmt |
| State Local Sec EOYFMV | $0 | StateLocalSecEOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | MUTUAL FUNDS - (DETAILS AVAILABLE UPON REQUEST) | CategoryOrItemTxt |
| Listed At Cost Or FMV | FMV | ListedAtCostOrFMVCd |
| Book Value | $3,154,197 | BookValueAmt |
| EOYFMV | $4,402,360 | EOYFMVAmt |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp (31 entries)
| Category Or ItemCategoryOrItemTxt | Cost Or Other BasisCostOrOtherBasisAmt | Accumulated DepreciationAccumulatedDepreciationAmt | Book ValueBookValueAmt |
|---|---|---|---|
| HP PRINTER | $109 | $109 | $0 |
| MAC COMPUTER | $1,689 | $1,689 | $0 |
| 52 AMHERST ST BUILDING | $153,558 | $37,566 | $115,992 |
| 52 AMHERST ST CAPITAL IMPROVEMENTS | $27,068 | $6,275 | $20,793 |
| 52 AMHERST ST BOOK SHELF | $514 | $514 | $0 |
| 52 AMHERST ST CARPET | $7,592 | $7,592 | $0 |
| 52 AMHERST ST WINDOWS | $4,443 | $926 | $3,517 |
| 52 AMHERST ST WINDOWS | $6,904 | $1,438 | $5,466 |
| 52 AMHERST ST PAINTING/REMODELING | $17,375 | $3,809 | $13,566 |
| 52 AMHERST ST HVAC | $11,767 | $2,454 | $9,313 |
| 52 AMHERST ST SECURITY SYSTEM | $4,306 | $912 | $3,394 |
| 52 AMHERST ST WINDOWS | $900 | $179 | $721 |
| 52 AMHERST ST WINDOWS | $1,075 | $202 | $873 |
| 52 AMHERST ST FLOORING | $2,333 | $467 | $1,866 |
| 52 AMHERST ST COMPUTER | $1,739 | $1,739 | $0 |
| 52 AMHERST ST COMPUTER | $1,848 | $1,848 | $0 |
| 52 AMHERST ST WINDOWS | $1,075 | $192 | $883 |
| 52 AMHERST ST CONCRETE DRIVEWAY | $6,000 | $802 | $5,198 |
| 52 AMHERST ST BLINDS | $3,325 | $443 | $2,882 |
| 52 AMHERST ST GLASS | $1,348 | $185 | $1,163 |
| 52 AMHERST ST COMPUTER | $1,379 | $1,339 | $40 |
| 52 AMHERST ST COMPUTER | $1,465 | $1,423 | $42 |
| 52 AMHERST ST CAPITAL IMPROVEMENTS | $3,376 | $301 | $3,075 |
| 52 AMHERST ST FENCE | $1,000 | $0 | $1,000 |
| 52 AMHERST ST SHADES | $2,624 | $265 | $2,359 |
| 52 AMHERST ST CAPITAL IMPROVEMENTS | $35,488 | $2,237 | $33,251 |
| 52 AMHERST ST PAVING | $2,600 | $86 | $2,514 |
| 52 AMHERST ST INSULATION | $2,600 | $86 | $2,514 |
| 52 AMHERST ST PAVING | $3,000 | $99 | $2,901 |
| 52 AMHERST ST GLASS | $1,698 | $53 | $1,645 |
| 52 AMHERST ST GLASS | $1,698 | $49 | $1,649 |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (3 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| DUE FROM BROKER | $1 | $1,555 | $1,555 |
| UTILITY DEPOSITS | $1,040 | $1,040 | $1,040 |
| DUE FROM RELATED PARTY | $955 | $955 | $955 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| DUES AND SUBSCRIPTIONS | $35 | $0 | $35 |
| BANK FEES | $14 | $0 | $14 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | DUE TO RELATED PARTY | Desc |
| BOY Book Value | $2,033 | BOYBookValueAmt |
| EOY Book Value | $2,033 | EOYBookValueAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | INVESTMENT MANAGEMENT FEES | CategoryTxt |
| Amt | $27,667 | Amt |
| Net Investment Income | $27,667 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (4 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| NYS DEPT. OF LAW | $250 | $0 | $250 |
| FOREIGN TAXES | $1,377 | $1,377 | $0 |
| NYS LLC FILING FEE | $25 | $0 | $0 |
| TAXES | $2,424 | $0 | $0 |
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