QUEALLY FOUNDATION INC: Form 990PF, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- QUEALLY FOUNDATION INC (EIN 77-0607990)
- Tax period
- 2021-01-01 to 2021-12-31
- Filed
- 2022-11-07
- IRS object ID
- 202223119349101342
- 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
- Investments Other Schedule2
- Other Assets Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Professional Fees Schedule
- Substantial Contributors Sch
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-11-07T14:32:50-06:00 | ReturnTs |
| Tax Period End | 2021-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 464409177 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ECHELON ADVISORS LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 63 TAYLOR AVE | AddressLine1Txt |
| City | MANASQUAN | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 08736 | 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 | 770607990 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE QUEALLY FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | QUEA | BusinessNameControlTxt |
| Phone | 2039201544 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 326 SEABREEZE AVE | AddressLine1Txt |
| City | PALM BEACH | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33480 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | PAUL QUEALLY | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 2039201544 | PhoneNum |
| Signature | 2022-11-07 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | PAUL | PersonFirstNm |
| Person Last | QUEALLY | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JING MAO | PreparerPersonNm |
| PTIN | P01345554 | PTIN |
| Phone | 7329037338 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 3 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2021 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $42,318,847 | 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 | $11,701 | ContriRcvdRevAndExpnssAmt |
| Dividends Rev And Expnss | $34,472 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $34,472 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | -$46,558 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $1,610,736 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $0 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $970,197 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $787,789 | OtherIncomeNetInvstIncmAmt |
| Other Income Adj Net Incm | $0 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | $969,812 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $822,261 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $0 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Adj Net Incm | $0 | CompOfcrDirTrstAdjNetIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $10,850 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $10,850 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $78,000 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $26,000 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Adj Net Incm | $0 | OtherProfFeesAdjNetIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $52,000 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $43,773 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $103 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $0 | TaxesAdjNetIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $128,670 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $127,400 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $0 | OtherExpensesAdjNetIncmAmt |
| Other Expenses Dsbrs Chrtbl | $851 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $261,293 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $153,503 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $63,701 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $2,770,540 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $2,770,540 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $3,031,833 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $153,503 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $2,834,241 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$2,062,021 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $668,758 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $2,540,323 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $3,196,774 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $3,196,774 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $10,178,272 | CorporateStockBOYAmt |
| Corporate Stock EOY | $10,160,274 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $25,186,685 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $14,987,089 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $12,287,028 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $13,929,019 | OtherInvestmentsEOYFMVAmt |
| Other Assets BOY | $5,800 | OtherAssetsBOYAmt |
| Other Assets EOY | $6,369 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $6,369 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $27,711,484 | TotalAssetsBOYAmt |
| Total Assets EOY | $25,650,445 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $42,318,847 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | 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 | $27,711,484 | RetainedEarningBOYAmt |
| Retained Earning EOY | $25,650,445 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $27,711,484 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $25,650,445 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $27,711,484 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $25,650,445 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $27,711,484 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$2,062,021 | ExcessRevenueOverExpensesAmt |
| Other Increases | $1,053 | OtherIncreasesAmt |
| Subtotal | $25,650,516 | SubtotalAmt |
| Other Decreases | $71 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $25,650,445 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (8 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | How AcquiredHowAcquiredCd |
|---|---|---|---|---|---|---|---|
| PUBLIC TRADED SECURITIES FIDELITY ACCT X 7455 | 2021-01-01 | 2021-12-31 | $196,650 | $199,886 | -$3,236 | -$3,236 | |
| PUBLIC TRADED SECURITIES FIDELITY ACCT X 7455 | 2021-01-01 | 2021-12-31 | $392,022 | $314,489 | $77,533 | $77,533 | |
| PUBLIC TRADED SECURITIES FIDELITY ACCT X 7614 | 2021-01-01 | 2021-12-31 | $59,253 | $56,566 | $2,687 | $2,687 | |
| PUBLIC TRADED SECURITIES FIDELITY ACCT X 7614 | 2021-01-01 | 2021-12-31 | $78,884 | $70,992 | $7,892 | $7,892 | |
| HACKENSACK-URBAN APARTMENTS LLC-GAIN | 2021-01-01 | 2021-12-31 | $328,976 | $328,976 | $328,976 | P | |
| HACKENSACK-URBAN APARTMENTS LLC- 1231 GAIN | 2021-01-01 | 2021-12-31 | $554,951 | $554,951 | $554,951 | P | |
| WILDCAT CLO - CAPITAL LOSS | 2021-01-01 | 2021-12-31 | $218,402 | -$218,402 | -$218,402 | P | |
| NORTH SHORE K-1 SEC 1231 GAIN | 2021-01-01 | 2021-12-31 | $796,959 | -$796,959 | -$796,959 | P |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -$46,558 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $9,296 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $9,296 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $9,296 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $43,670 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $10,000 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $53,670 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $44,374 | OverpaymentAmt |
| Applied To ES Tax | $44,374 | 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 | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| 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 | Yes (1) | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | HTTPS://THEQUEALLYFOUNDATION.COM/ | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | 5Q CAPITAL LLC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2039201544 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 57 LONE TREE FARM ROAD | AddressLine1Txt |
| City | NEW CANAAN | CityNm |
| State Abbreviation | CT | StateAbbreviationCd |
| ZIP | 06840 | 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 | Yes (1) | BusinessHoldingsInd |
| Excess Business Holdings | 0 | ExcessBusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| ANNE-MARIE QUEALLY | ||||||||
| 326 SEABREEZE AVE | PALM BEACH | FL | 33480 | VICE PRESIDENT/ DIRECTOR | 1.00 | $0 | $0 | $0 |
| PAUL B QUEALLY | ||||||||
| 326 SEABREEZE AVE | PALM BEACH | FL | 33480 | PRESIDENT/ DIRECTOR/ SECRE | 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 |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | N/A | Description1Txt |
| Expenses1 | $0 | Expenses1Amt |
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 | $24,809,220 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $2,305,777 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $13,687,919 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $40,802,916 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $40,802,916 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $612,044 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $40,190,872 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $2,009,544 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $2,009,544 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $9,296 | TaxBasedOnInvestmentIncomeAmt |
| Income Tax | $5,617 | IncomeTaxAmt |
| Total Tax | $14,913 | TotalTaxAmt |
| Distributable Before Adj | $1,994,631 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $1,994,631 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $1,994,631 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $2,834,241 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $2,834,241 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $1,994,631 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $1,790,661 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $1,965,544 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $1,525,586 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $1,703,423 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $1,427,884 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $8,413,098 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $2,834,241 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $1,994,631 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $839,610 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $9,252,708 | 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 | $1,790,661 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $7,462,047 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $1,965,544 | ExcessFromYear4Amt |
| Excess From Year3 | $1,525,586 | ExcessFromYear3Amt |
| Excess From Year2 | $1,703,423 | ExcessFromYear2Amt |
| Excess From Year1 | $1,427,884 | ExcessFromYear1Amt |
| Excess From Current Year | $839,610 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | ANNE-MARIE QUEALLY | ContributingManagerNm |
| Contributing Manager | PAUL B QUEALLY | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (11 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| CATHOLIC ACADEMY OF BRIDGEPORT | |||||||
| 63 PEQUONNOCK ST | BRIDGEPORT | CT | 06604 | NONE | PC | GENERAL SUPPORT | $300,000 |
| COLUMBIA BUSINESS SCHOOL | |||||||
| 33 WEST 60TH ST 7TH FL | NEW YORK | NY | 10023 | NONE | PC | GENERAL SUPPORT | $100,000 |
| FRIENDS OF SCHOOL IN THE SQUARE INC | |||||||
| 120 WADSWORTH AVE | NEW YORK | NY | 10033 | NONE | PC | CHARITY DONATION | $55,000 |
| JDRF | |||||||
| 26 BROADWAY 14TH FLOOR | NEW YORK | NY | 10004 | NONE | PC | GENERAL SUPPORT | $250,000 |
| KING SCHOOL | |||||||
| 1450 NEWFIELD AVE | STAMFORD | CT | 06905 | NONE | PC | GENERAL SUPPORT | $48,160 |
| RISING STARS INC | |||||||
| 99082 S 4515 RD | VIAN | OK | 74962 | NONE | PC | GENERAL SUPPORT | $70,000 |
| US SKI & SNOWBOARD FOUNDATION | |||||||
| 1 VICTORY LN BOX 100 | PARK CITY | UT | 84060 | NONE | PC | GENERAL SUPPORT | $18,000 |
| UNIVERSITY OF RICHMOND | |||||||
| 114 UR DRIVE | UNIVERSITY OF RICHMOND | VA | 23173 | NONE | PC | GENERAL SUPPORT | $1,875,000 |
| ST IGNATIUS SCHOOL | |||||||
| 740 MANIDA ST | BRONXVILLE | NY | 10474 | NONE | PC | GENERAL SUPPORT | $3,750 |
| ST LUKE SCHOOL | |||||||
| 322 N 175TH ST | SHORELINE | WA | 98133 | NONE | PC | GENERAL SUPPORT | $13,200 |
| HOPE RURAL SCHOOL | |||||||
| 15929 SW 150TH ST | INDIANTOWN | FL | 34956 | NONE | PC | GENERAL SUPPORT | $37,430 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $2,770,540 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $34,472 | ExclusionAmt |
Other Investment Income OtherInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $970,197 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | -$46,558 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $958,111 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $958,111 | 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 Person | PAUL AND ANNE-MARIE QUEALLY | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 326 SEABREEZE AVE | AddressLine1Txt |
| City | PALM BEACH | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33480 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $11,701 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | TAX PREPARATION FEE | CategoryTxt |
| Amt | $10,850 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $10,850 | DisbursementsCharitablePrpsAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (63 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| ABERDEEN GLOBAL PREMIER PROP | $47,463 | $21,738 |
| ADOBE SYSTEMS INCORPORATED COM | $50,218 | $84,492 |
| ADVANCED MICRO DEVICES INC(AMD) | $48,453 | $140,159 |
| ALPHABET INC CAP STK CL A(GOOGL) | $19,674 | $43,456 |
| ALPHABET INC CAP STK CL C(GOOG) | $64,318 | $101,276 |
| AMAZON.COM INC (AMZN) | $33,941 | $50,015 |
| ANALOG DEVICES INC COM USD0.16 2/3 | $52,985 | $79,975 |
| AON PLC SHS CL A COM USD0.01(AON) | $19,192 | $30,958 |
| APPLE INC | $303,878 | $738,691 |
| ARROWHEAD PHARMACEUTICALS INC | $36,241 | $51,117 |
| ASML HOLDING NV EUR0.09 NY REGISTRY | $48,737 | $139,325 |
| AUTODESK INC (ADSK) | $17,244 | $27,557 |
| AXONICS MODULATION TECHNOLOGIE COM | $39,019 | $49,224 |
| CIENA CORP (CIEN) | $16,100 | $24,169 |
| COMCAST CORP (CMCSA) | $16,303 | $22,095 |
| CONSTELLATION BRANDS INC COM USD0.01 | $20,909 | $31,622 |
| COSTCO WHOLESALE CORP COM USD0.01 | $13,522 | $24,979 |
| COUPA SOFTWARE INC COM(COUP) | $21,454 | $23,866 |
| CSX CORP COM USD1 (CSX) | $23,063 | $39,593 |
| DANAHER CORPORATION COM(DHR) | $77,495 | $116,470 |
| DEXCOM INC (DXCM) | $51,997 | $100,410 |
| DIGITALOCEAN HLDGS INC COM(DOCN) | $40,557 | $25,063 |
| DOCUSIGN INC COM (DOCU) | $30,417 | $50,719 |
| DOMINO S PIZZA INC (DPZ) | $21,716 | $33,295 |
| EDWARDS LIFESCIENCES CORP(EW) | $52,283 | $101,956 |
| ETSY INC COM (ETSY) | $10,241 | $54,297 |
| META PLATFORMS INC CLASS A COMMONSTOCK (FB) | $44,723 | $80,051 |
| FIDELITY NATL INFORMATION SERVICES | $24,408 | $18,774 |
| GENERAL MTRS CO COM (GM) | $15,328 | $21,107 |
| GUARDANT HEALTH INC COM(GH) | $28,236 | $35,907 |
| GULF COAST ULTRA DEEP RTY TR ROYALTY TR | $9,602 | $92 |
| HOME DEPOT INC (HD) | $23,026 | $42,331 |
| IDEXX LABORATORIES INC COM USD0.10 | $35,875 | $97,452 |
| INTUIT INC (INTU) | $41,397 | $108,061 |
| INTUITIVE SURGICAL INC(ISRG) | $47,845 | $53,536 |
| JPMORGAN CHASE & CO(JPM) | $52,462 | $79,175 |
| KEYSIGHT TECHNOLOGIES INC COM | $58,415 | $126,591 |
| MARRIOTT INTERNATIONAL INC | $18,765 | $36,353 |
| MASIMO CORP (MASI) | $53,869 | $81,393 |
| MASTERCARD INCORPORATED CL A | $421,422 | $600,064 |
| MATCH GROUP INC NEW COM(MTCH) | $81,009 | $65,728 |
| MEDTRONIC PLC (MDT) | $13,179 | $13,966 |
| MEDTRONIC PLC COMMON STOCK | $147,128 | $197,796 |
| MICROSOFT CORP | $250,036 | $501,789 |
| MICROSOFT CORP (MSFT) | $43,526 | $82,735 |
| MONSTER BEVERAGE CORP NEW COM | $11,422 | $16,903 |
| MUELLER WTR PRODS INC COM SER A STK | $209,100 | $432,000 |
| NETFLIX INC (NFLX) | $16,355 | $23,495 |
| NEXTERA ENERGY INC COM USD0.01(NEE) | $30,881 | $49,294 |
| NVIDIA CORPORATION COM(NVDA) | $57,611 | $244,700 |
| OKTA INC CL A (OKTA) | $37,060 | $36,988 |
| PAYCOM SOFTWARE INC AND OPTIONS | $6,877,936 | $19,403,074 |
| PROCTER AND GAMBLE CO COM(PG) | $13,457 | $19,139 |
| SILK RD MED INC COM (SILK) | $24,985 | $29,912 |
| SNOWFLAKE INC CL A(SNOW) | $40,167 | $33,875 |
| TAPESTRY INC COM (TPR) | $13,811 | $38,489 |
| TPG PACE BENEFICIAL FIN CORP COM | $63,109 | $119,167 |
| TRADEWEB MKTS INC CL A (TW) | $29,633 | $18,419 |
| UNION PAC CORP COM(UNP) | $23,321 | $37,286 |
| VISA INC (V) | $30,683 | $36,407 |
| ZEBRA TECHNOLOGIES CORPORATION CL A | $48,662 | $128,563 |
| ZENDESK INC COM USD0.01(ZEN) | $20,256 | $32,956 |
| ZOETIS INC (ZTS) | $24,154 | $36,600 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (5 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| PARTNERSHIP INTEREST IN HACKENSACK | AT COST | $215,382 | $16,950 |
| PARTNERSHIP INTEREST IN INVICTUS | AT COST | $3,616,139 | $3,795,886 |
| PARTNERSHIP INTEREST IN NORTH SHORE | AT COST | $5,255,272 | $6,049,523 |
| PARTNERSHIP INTEREST IN SAC LEASING | AT COST | $1 | $0 |
| PARTNERSHIP INTEREST IN WILDCAT | AT COST | $3,200,234 | $4,066,660 |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (3 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| RECEIVABLE FROM GULF FORE AFRICA | $5,800 | $0 | $0 |
| UNSETTLED FUNDS FROM SALE OF SECURITIES | $6,246 | $6,246 | |
| DIVIDEND DEPOSIT IN TRANSIT | $123 | $123 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | SECURITY BASIS ADJUSTMENT | Desc |
| Amt | $71 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (7 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| FILING FEES | $419 | $0 | $0 | $0 |
| OTHER EXPENSES THRU - INVICTUS FUND II | $12,791 | $12,791 | $0 | $0 |
| OTHER EXPENSES THRU - HACKENSACK | $1,583 | $1,583 | $0 | $0 |
| OTHER EXPENSES THRU - WILDCAT | $1,408 | $1,408 | $0 | $0 |
| BROKERAGE ACCOUNT FEES | $31,390 | $31,390 | $0 | $0 |
| WEBSITE DESIGN EXPENSE | $851 | $0 | $0 | $851 |
| OTHER EXPENSES THRU - NORTH SHORE | $80,228 | $80,228 | $0 | $0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (10 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| HACKESACK RENTAL LOSS | -$5,671 | -$5,671 |
| JPM X7005 - RENTAL | $33 | $33 |
| JPM X7005 - RENTAL EXPENSE | -$18 | -$18 |
| HACKESACK -DIVIDEND | $3 | $3 |
| WILDCAT CLO LLC K-1 INTEREST | $90 | $90 |
| WILDCAT CLO LLC K-1 QEF | $552,998 | $552,998 |
| INVICTUS FUND K-1 DIVIDEND | $240,354 | $240,354 |
| NORTH SHORE K-1 RENTAL | $36,072 | $0 |
| PRIOR YEAR REFUND | $43,670 | $0 |
| SAC LEASING K-1 ORDINARY BUSINESS INCOME | $102,666 | $0 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | NET ASSETS ADJUSTMENT | Desc |
| Amt | $1,053 | Amt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | PHILANTHROPIC CONSULTING FEE | CategoryTxt |
| Amt | $78,000 | Amt |
| Net Investment Income | $26,000 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $52,000 | DisbursementsCharitablePrpsAmt |
Substantial Contributors Sch SubstantialContributorsSch
Substantial Contributor Detail SubstantialContributorDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | PAUL B QUEALLY | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 326 SEABREEZE AVE | AddressLine1Txt |
| City | PALM BEACH | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33480 | ZIPCd |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| FOREIGN TAX | $103 | $103 | $0 | $0 |
| FEDERAL EXCISE TAX | $43,670 | $0 | $0 | $0 |