HEFFERNAN FAMILY FOUNDATION: Form 990PF, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- HEFFERNAN FAMILY FOUNDATION (EIN 46-4243193)
- Tax period
- 2021-01-01 to 2021-12-31
- Filed
- 2022-10-24
- IRS object ID
- 202222979349100507
- 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
- Investments Corp Stock Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-10-24T10:21:15-05:00 | ReturnTs |
| Tax Period End | 2021-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 271728945 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PKF O'CONNOR DAVIES LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 500 MAMARONECK AVENUE SUITE 301 | AddressLine1Txt |
| City | HARRISON | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 105281633 | 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 | 464243193 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE HEFFERNAN FAMILY FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | HEFF | BusinessNameControlTxt |
| Phone | 2126616805 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5 INTERNATIONAL DRIVE 115 | AddressLine1Txt |
| City | RYE BROOK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 105737017 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JOHN P HEFFERNAN | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 2126616805 | PhoneNum |
| Signature | 2022-10-24 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | JOHN | PersonFirstNm |
| Person Last | HEFFERNAN | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JOSEPH L ALI CPA | PreparerPersonNm |
| PTIN | P02093808 | PTIN |
| Phone | 9143818900 | PhoneNum |
| Preparation | 2022-10-24 | 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 | $6,174,626 | 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 | $980,260 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $16 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $16 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $50,772 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $50,772 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $256,330 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $2,022,482 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $967,791 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $4,972 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $76 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $1,292,350 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $1,018,655 | 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 | $6,500 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $6,500 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $38,047 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $38,047 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $45,029 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $29 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $3,704 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $3,190 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $514 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $93,280 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $41,266 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $7,014 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $317,300 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $317,300 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $410,580 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $41,266 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $324,314 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $881,770 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $977,389 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $157,635 | CashBOYAmt |
| Cash EOY | $193,303 | CashEOYAmt |
| Cash EOYFMV | $193,303 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $113,179 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $43,011 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $43,011 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $2,983,293 | CorporateStockBOYAmt |
| Corporate Stock EOY | $3,899,563 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $5,938,312 | CorporateStockEOYFMVAmt |
| Total Assets BOY | $3,254,107 | TotalAssetsBOYAmt |
| Total Assets EOY | $4,135,877 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $6,174,626 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $3,254,107 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $4,135,877 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $3,254,107 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $4,135,877 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $3,254,107 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $4,135,877 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $3,254,107 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $881,770 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $4,135,877 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $4,135,877 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|
| PUBLICLY TRADED SECURITIES | P | $1,155,039 | $959,235 | $195,804 | $195,804 |
| PUBLICLY TRADED SECURITIES | D | $867,443 | $95,456 | $771,987 | $771,987 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $967,791 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $13,586 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $13,586 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $13,586 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $29,742 | 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 | $29,742 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $54 | EsPenaltyAmt |
| Overpayment | $16,102 | OverpaymentAmt |
| Applied To ES Tax | $16,102 | 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 | DE | 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 | JOHN P HEFFERNAN | IndividualWithBooksNm |
| Phone | 2126616805 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5 INTERNATIONAL DRIVE SUITE 115 | AddressLine1Txt |
| City | RYE BROOK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 105737017 | 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 | Yes (1) | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | 0 | ActsFailToQlfyAsExceptionsInd |
| 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 |
| Transactions Fail To Qlfy As Exc | 0 | TransactionsFailToQlfyAsExcInd |
| 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 | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| JOHN P HEFFERNAN | ||||||||
| 5 INTERNATIONAL DRIVE SUITE 115 | RYE BROOK | NY | 105737017 | DIRECTOR, PRESIDENT, TREASURER | 1.00 | $0 | $0 | $0 |
| JUNE D HEFFERNAN | ||||||||
| 5 INTERNATIONAL DRIVE SUITE 115 | RYE BROOK | NY | 105737017 | DIRECTOR, VICE PRESIDENT, SECRETARY | 1.00 | $0 | $0 | $0 |
| JOHN P HEFFERNAN JR | ||||||||
| 5 INTERNATIONAL DRIVE SUITE 115 | RYE BROOK | NY | 105737017 | DIRECTOR | 1.00 | $0 | $0 | $0 |
| JAMES W HEFFERNAN | ||||||||
| 5 INTERNATIONAL DRIVE SUITE 115 | RYE BROOK | NY | 105737017 | DIRECTOR | 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 | $5,376,451 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $135,430 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $5,511,881 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $5,511,881 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $82,678 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $5,429,203 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $271,460 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $271,460 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $13,586 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $13,586 | TotalTaxAmt |
| Distributable Before Adj | $257,874 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $257,874 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $257,874 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $324,314 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $324,314 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $257,874 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $1,998,455 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $1,737,314 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $739,935 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $4,534,818 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $458,102 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $9,468,624 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $324,314 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $257,874 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $66,440 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $9,535,064 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $1,998,455 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $7,536,609 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $1,737,314 | ExcessFromYear4Amt |
| Excess From Year3 | $739,935 | ExcessFromYear3Amt |
| Excess From Year2 | $4,534,818 | ExcessFromYear2Amt |
| Excess From Year1 | $458,102 | ExcessFromYear1Amt |
| Excess From Current Year | $66,440 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | JOHN P HEFFERNAN | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (17 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line2RecipientUSAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|---|---|
| AVE MARIA SCHOOL OF LAW | ||||||||
| 1025 COMMONS CIRCLE | NAPLES | FL | 341191376 | N/A | PC | GENERAL OPERATING SUPPORT | $10,000 | |
| BOSTON COLLEGE | ||||||||
| 140 COMMONWEALTH AVENUE | CHESTNUT HILL | MA | 024673800 | N/A | PC | GENERAL OPERATING SUPPORT | $25,000 | |
| CAPE COD HEALTHCARE INC & AFFILIATES | ||||||||
| 297 NORTH STREET SUITE BUILDING 3 | HYANNIS | MA | 026015108 | N/A | PC | GENERAL OPERATING SUPPORT | $5,000 | |
| CARDINALS APPEAL | ||||||||
| 1011 FIRST AVENUE | NEW YORK | NY | 100224112 | N/A | PC | GENERAL OPERATING SUPPORT | $125,000 | |
| CATHOLIC ACADEMY OF BRIDGEPORT | ||||||||
| 63 PEQUONNOCK STREET | BRIDGEPORT | CT | 066043502 | N/A | PC | GENERAL OPERATING SUPPORT | $20,000 | |
| CORNELIA CONNELLY CENTER | ||||||||
| 220 EAST 4TH STREET | NEW YORK | NY | 100097425 | N/A | PC | IMAGINE HER FUTURE | $25,000 | |
| FOUNDATIONS IN EDUCATION INC | ||||||||
| 238 JEWETT AVENUE | BRIDGEPORT | CT | 066062845 | N/A | PC | GENERAL OPERATING SUPPORT | $20,000 | |
| HACKERS FOR HOPE INC | ||||||||
| 9 HARMONY STREET | DANBURY | CT | 068106507 | N/A | PC | LAST HURRAH | $1,000 | |
| INNER CITY SCHOLARSHIP FUND | ||||||||
| 1011 FIRST AVENUE | NEW YORK | NY | 100224112 | N/A | PC | GENERAL OPERATING SUPPORT | $15,000 | |
| IONA PREPARATORY SCHOOL | ||||||||
| 255 WILMOT ROAD | NEW ROCHELLE | NY | 108041225 | N/A | PC | GENERAL OPERATING SUPPORT | $25,000 | |
| NATIONAL PKU ALLIANCE INC | ||||||||
| 2809 EAST HAMILTON AVENUE 311 | EAU CLAIRE | WI | 547016863 | N/A | PC | GENERAL OPERATING SUPPORT | $10,000 | |
| NEW HAMPSHIRE LAKES ASSOCIATION INC | ||||||||
| 17 CHENELL DRIVE 1 | CONCORD | NH | 033018539 | N/A | PC | GENERAL OPERATING SUPPORT | $1,000 | |
| PART OF THE SOLUTION INC | ||||||||
| 2759 WEBSTER AVENUE | BRONX | NY | 104583708 | N/A | PC | GENERAL OPERATING SUPPORT | $20,000 | |
| SWIM ACROSS AMERICA | ||||||||
| 11600 NORTH COMMUNITY HOUSE ROAD | CHARLOTTE | NC | 282771883 | N/A | PC | GENERAL OPERATING SUPPORT | $5,000 | SUITE 100 |
| THE DANNY BUTLER MEMORIAL FUND INC | ||||||||
| 6 MARTIN BUTLER COURT | RYE | NY | 105803146 | N/A | PC | GENERAL OPERATING SUPPORT | $10,000 | |
| THE OYSTER HARBORS CLUB CADDY SCHOLARSHIP FUND INC | ||||||||
| 2067 OYSTER HARBORS | OSTERVILLE | MA | 026552494 | N/A | PC | GENERAL OPERATING SUPPORT | $200 | |
| WENTWORTH WATERSHED ASSOCIATION | ||||||||
| PO BOX 2235 | WOLFEBORO | NH | 038942235 | N/A | PC | GENERAL OPERATING SUPPORT | $100 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $317,300 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $16 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $50,772 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $256,330 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp (2 entries)
| DescDesc | ExclusionExclusionCd | ExclusionExclusionAmt |
|---|---|---|
| FEDERAL EXCISE TAX REFUND | 01 | $4,896 |
| FEDERAL EXCISE TAX REFUND INTEREST | 01 | $76 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $312,090 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $312,090 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JOHN P HEFFERNAN | BusinessNameLine1Txt |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 115 EVERGREEN AVENUE | AddressLine1Txt |
| City | RYE | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 105802020 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $980,260 | TotalContributionsAmt |
| Noncash Contribution | Yes (X) | NoncashContributionInd |
Non Cash Property Contribution NonCashPropertyContributionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Noncash Property | MICROSOFT CORPORATION (MSFT) 4,032.000 SHARES | NoncashPropertyDesc |
| Fair Market Value | $980,260 | FairMarketValueAmt |
| Received | 2021-05-19 | ReceivedDt |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | TAX RETURN PREPARATION | CategoryTxt |
| Amt | $6,500 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $6,500 | DisbursementsCharitablePrpsAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (31 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| AERCAP HOLDINGS N.V. (AER) 356.000 SHARES | $45,809 | $72,289 |
| ALPHABET INC. (GOOG) 207.000 SHARES | $219,686 | $598,973 |
| AMAZON.COM, INC. (AMZN) 115.000 SHARES | $260,578 | $383,449 |
| ANTHEM, INC. (ANTM) 432.000 SHARES | $132,658 | $200,249 |
| AON PLC (AON) 778.000 SHARES | $115,024 | $233,836 |
| CAPITAL ONE FINANCIAL CORPORATION (COF) 621.000 SHARES | $53,841 | $90,101 |
| CITIGROUP INC. (C) 3,686.000 SHARES | $205,226 | $222,598 |
| COMCAST CORPORATION (CMCSA) 4,776.000 SHARES | $186,095 | $240,376 |
| DISH NETWORK CORPORATION (DISH) 3,136.000 SHARES | $109,499 | $101,732 |
| EVOLUTION GAMING GROUP (EVOG) 233.000 SHARES | $33,705 | $33,310 |
| GENERAL ELECTRIC COMPANY (GE) 2,379.000 SHARES | $156,078 | $224,744 |
| GENERAL MOTORS COMPANY (GM) 1,954.000 SHARES | $65,152 | $114,563 |
| HILTON WORLDWIDE HOLDINGS INC. (HLT) 1,278.000 SHARES | $112,213 | $199,355 |
| INTERACTIVECORP (IAC) 247.000 SHARES | $30,957 | $32,285 |
| LIBERTY BROADBAND CORPORATION (LBRDK) 1,814.000 SHARES | $223,424 | $292,235 |
| LYONDELLBASELL INDUSTRIES N.V. (LYB) 542.000 SHARES | $34,958 | $49,989 |
| MARRIOTT INTERNATIONAL, INC. (MAR) 1,571.000 SHARES | $142,997 | $259,592 |
| META PLATFORMS INC. (META) 1,200.000 SHARES | $290,806 | $403,620 |
| MICROSOFT CORPORATION (MSFT) 1,665.000 SHARES | $404,794 | $559,973 |
| MORGAN STANLEY (MS) 2,428.000 SHARES | $130,603 | $238,332 |
| NASPERS (NPNSJ) 759.000 SHARES | $29,226 | $23,529 |
| NASPERS NEWCO (NPSNY) 3,386.000 SHARES | $60,965 | $56,241 |
| NETFLIX, INC. (NFLX) 453.000 SHARES | $204,388 | $272,905 |
| SAFRAN SA (SAFRF) 2,796.000 SHARES | $91,945 | $85,591 |
| THE GOLDMAN SACHS GROUP, INC. (GS) 642.000 SHARES | $129,450 | $245,597 |
| THE WALT DISNEY COMPANY (DIS) 635.000 SHARES | $70,008 | $98,355 |
| UNITEDHEALTH GROUP INCORPORATED (UNH) 508.000 SHARES | $101,325 | $255,087 |
| VISA INC. (V) 314.000 SHARES | $63,378 | $68,047 |
| WELLS FARGO & COMPANY (WFC) 3,340.000 SHARES | $80,707 | $160,253 |
| WILLIS TOWERS WATSON PLC (WLTW) 356.000 SHARES | $81,899 | $84,546 |
| WOODWARD, INC. (WWD) 334.000 SHARES | $32,169 | $36,560 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (4 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| BANK FEES | $115 | $0 | $115 |
| CUSTODY FEES | $3,171 | $3,171 | $0 |
| DEPOSITORY FEES | $19 | $19 | $0 |
| OFFICE AND OTHER EXPENSES | $399 | $0 | $399 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| FEDERAL EXCISE TAX REFUND | $4,896 | $4,896 | |
| FEDERAL EXCISE TAX REFUND INTEREST | $76 | $76 | $76 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | INVESTMENT MANAGEMENT AND ADVISORY | CategoryTxt |
| Amt | $38,047 | Amt |
| Net Investment Income | $38,047 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| FEDERAL EXCISE TAX PAID | $45,000 | $0 | $0 |
| FOREIGN TAXES WITHHELD | $29 | $29 | $0 |
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