GERONDELIS FOUNDATION INC: Form 990PF, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- GERONDELIS FOUNDATION INC (EIN 04-6130871)
- Tax period
- 2021-01-01 to 2021-12-31
- Filed
- 2022-11-15
- IRS object ID
- 202233199349103578
- Schema version
- 2021v4.0
- 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
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Land Schedule2
- Legal Fees Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-11-15T12:08:35-05:00 | ReturnTs |
| Tax Period End | 2021-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 823447701 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DEMAKIS INC CPA | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 56 CENTRAL AVENUE SUITE 301 | AddressLine1Txt |
| City | LYNN | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 019011190 | 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 | 046130871 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GERONDELIS FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | GERO | BusinessNameControlTxt |
| Phone | 7815953311 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 56 CENTRAL AVENUE STE 201 | AddressLine1Txt |
| City | LYNN | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 01901 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | GREGORY C DEMAKIS ESQ | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 7815953311 | PhoneNum |
| Signature | 2022-11-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | GREGORY C | PersonFirstNm |
| Person Last | DEMAKIS | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | A DEMAKIS | PreparerPersonNm |
| PTIN | P01417596 | PTIN |
| Phone | 7815926120 | PhoneNum |
| Preparation | 2022-11-15 | PreparationDt |
| 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 | $3,281,442 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
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 | $479 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $479 | InterestOnSavNetInvstIncmAmt |
| Interest On Savings Adj Net Incm | $479 | InterestOnSavingsAdjNetIncmAmt |
| Dividends Rev And Expnss | $70,192 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $70,192 | DividendsNetInvstIncmAmt |
| Dividends Adj Net Incm | $70,192 | DividendsAdjNetIncmAmt |
| Gross Rents Rev And Expnss | $1,940,793 | GrossRentsRevAndExpnssAmt |
| Gross Rents Net Invst Incm | $1,940,793 | GrossRentsNetInvstIncmAmt |
| Gross Rents Adj Net Incm | $1,940,793 | GrossRentsAdjNetIncmAmt |
| Net Rental Income Or Loss | $1,940,793 | NetRentalIncomeOrLossAmt |
| Other Income Rev And Expnss | $99,706 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $99,706 | OtherIncomeNetInvstIncmAmt |
| Other Income Adj Net Incm | $99,706 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | $2,111,170 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $2,111,170 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $2,111,170 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $86,000 | CompOfcrDirTrstRevAndExpnssAmt |
| Legal Fees Rev And Expnss | $500 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $500 | LegalFeesNetInvstIncmAmt |
| Accounting Fees Rev And Expnss | $25,000 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $25,000 | AccountingFeesNetInvstIncmAmt |
| Other Prof Fees Rev And Expnss | $121,525 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $121,525 | OtherProfFeesNetInvstIncmAmt |
| Taxes Rev And Expnss | $951 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $951 | TaxesNetInvstIncmAmt |
| Other Expenses Rev And Expnss | $45,701 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $45,701 | OtherExpensesNetInvstIncmAmt |
| Tot Opr Expenses Rev And Expnss | $279,677 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $193,677 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $917,357 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $1,575,357 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,197,034 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $193,677 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,575,357 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $914,136 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $1,917,493 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $2,111,170 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $692,602 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $711,759 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $711,759 | SavAndTempCashInvstEOYFMVAmt |
| Prepaid Expenses BOY | $54,167 | PrepaidExpensesBOYAmt |
| Prepaid Expenses EOY | $29,963 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $29,963 | PrepaidExpensesEOYFMVAmt |
| US Government Obligations BOY | $59,259 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $117,589 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $117,589 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $1,676,959 | CorporateStockBOYAmt |
| Corporate Stock EOY | $1,740,540 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $2,274,094 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $134,109 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $148,283 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $148,037 | CorporateBondsEOYFMVAmt |
| Invst Land Cost Or Other Basis | $3,910,000 | InvstLandCostOrOtherBasisAmt |
| Land Bldg Investments BOY | $3,910,000 | LandBldgInvestmentsBOYAmt |
| Land Bldg Investments EOY | $3,910,000 | LandBldgInvestmentsEOYAmt |
| Total Assets BOY | $6,527,096 | TotalAssetsBOYAmt |
| Total Assets EOY | $6,658,134 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $3,281,442 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $115,000 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $25,000 | AccountsPayableEOYAmt |
| Grants Payable BOY | $1,431,000 | GrantsPayableBOYAmt |
| Grants Payable EOY | $773,000 | GrantsPayableEOYAmt |
| Other Liabilities BOY | $8,394 | OtherLiabilitiesBOYAmt |
| Total Liabilities BOY | $1,554,394 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $798,000 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $4,972,702 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $5,860,134 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $4,972,702 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $5,860,134 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $6,527,096 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $6,658,134 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $4,972,702 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $914,136 | ExcessRevenueOverExpensesAmt |
| Subtotal | $5,886,838 | SubtotalAmt |
| Other Decreases | $26,704 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $5,860,134 | TotNetAstOrFundBalancesEOYAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $26,653 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $26,653 | SubtotalAmt |
| Tax Based On Investment Income | $26,653 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $27,500 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $27,500 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $51 | EsPenaltyAmt |
| Overpayment | $796 | OverpaymentAmt |
| Applied To ES Tax | $796 | AppliedToESTaxAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | MA | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | GREGORY C DEMAKIS ESQ | IndividualWithBooksNm |
| Phone | 7815953311 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 19 SEA VIEW AVE | AddressLine1Txt |
| City | NAHANT | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 01908 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | Yes (true) | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Transactions Fail To Qlfy As Exc | false | TransactionsFailToQlfyAsExcInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (11 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 |
|---|---|---|---|---|---|---|---|---|
| THOMAS C DEMAKIS ESQ | ||||||||
| 140 IPSWICH ROAD | TOPSFIELD | MA | 01983 | TREASURER | 000.00 | $8,000 | $0 | $0 |
| GREGORY C DEMAKIS ESQ | ||||||||
| 19 SEA VIEW AVE | NAHANT | MA | 01908 | PRESIDENT | 000.00 | $8,000 | $0 | $0 |
| PAUL C DEMAKIS ESQ | ||||||||
| 46 COMMONWEALTH AVENUE | BOSTON | MA | 02116 | DIRECTOR | 000.00 | $8,000 | $0 | $0 |
| THOMAS L DEMAKIS | ||||||||
| 45 BLODGETT AVENUE | SWAMPSCOTT | MA | 01907 | DIRECTOR | 000.00 | $8,000 | $0 | $0 |
| JOHN N DEMAKIS | ||||||||
| 1 LEO ROAD | MARBLEHEAD | MA | 01945 | DIRECTOR | 000.00 | $8,000 | $0 | $0 |
| T PHILLIP COMENOS | ||||||||
| 1 DEXTER LANE | MANCHESTER | MA | 01944 | DIRECTOR | 000.00 | $8,000 | $0 | $0 |
| ARTHUR KOURKOULIS | ||||||||
| 101 LITTLE NAHANT ROAD | NAHANT | MA | 01908 | DIRECTOR | 000.00 | $8,000 | $0 | $0 |
| JOANNA DEMAKIS | ||||||||
| 18 6TH AVENUE 1507 | BROOKLYN | NY | 11217 | DIRECTOR | 000.00 | $8,000 | $0 | $0 |
| NICHOLAS T ZERVAS | ||||||||
| 1245 ADAMS STREET | DORCHESTER | MA | 02124 | DIRECTOR | 000.00 | $6,000 | $0 | $0 |
| IRENE C DUROS | ||||||||
| 789 SUMMER STREET | LYNNFIELD | MA | 01940 | DIRECTOR | 000.00 | $8,000 | $0 | $0 |
| CHRISTOPHER SCANGAS | ||||||||
| 25 SANDPIPER STRAND | CORONADO | CA | 92118 | DIRECTOR | 000.00 | $8,000 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DEMAKIS LAW OFFICES | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 56 CENTRAL AVE SUITE 201 | AddressLine1Txt |
| City | LYNN | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 01901 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | LEGAL & ADMIN | ServiceTypeTxt |
| Compensation | $121,525 | CompensationAmt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | N/A | Description1Txt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $2,564,553 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $975,061 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $26,100,700 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $29,640,314 | TotalFMVOfUnusedAssetsAmt |
| Adjusted Total FMV Of Unused Ast | $29,640,314 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $444,605 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $29,195,709 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $1,459,785 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $1,459,785 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $26,653 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $26,653 | TotalTaxAmt |
| Distributable Before Adj | $1,433,132 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $1,433,132 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $1,433,132 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,575,357 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $1,575,357 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $1,433,132 | DistributableAsAdjustedAmt |
| Excess Distribution Cyov Yr5 | $412,877 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $259,765 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $516,833 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $233,884 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $106,985 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $1,530,344 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $1,575,357 | QualifyingDistributionsAmt |
| Applied To Current Year | $1,433,132 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $142,225 | RemainingDistriFromCorpusAmt |
| Total Corpus | $1,672,569 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov From Yr5 | $412,877 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $1,259,692 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $259,765 | ExcessFromYear4Amt |
| Excess From Year3 | $516,833 | ExcessFromYear3Amt |
| Excess From Year2 | $233,884 | ExcessFromYear2Amt |
| Excess From Year1 | $106,985 | ExcessFromYear1Amt |
| Excess From Current Year | $142,225 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | NONE | ContributingManagerNm |
| Shareholder Manager | NONE | ShareholderManagerNm |
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | GREGORY C DEMAKIS | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 56 CENTRAL AVENUE SUITE 201 | AddressLine1Txt |
| City | LYNN | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 01901 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 7815953311 | RecipientPhoneNum |
| Form And Info And Materials | WRITTEN LETTERS | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | NONE | SubmissionDeadlinesTxt |
| Restrictions On Awards | FOR FUNDING OF SCHOLARSHIP FOR PEOPLE OF GREEK HERITAGE | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (51 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line1RecipientForeignAddress/AddressLine1Txt | CityRecipientForeignAddress/CityNm | Province Or StateRecipientForeignAddress/ProvinceOrStateNm | CountryRecipientForeignAddress/CountryCd | Address Line2RecipientUSAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| AGGANIS FOUNDATION | ||||||||||||
| 85 EXCHANGE STREET | LYNN | MA | 01901 | NONE | PUBLIC | FOR FUNDING | $5,000 | |||||
| BOSTON UNIVERSITY | ||||||||||||
| 881 COMMONWEALTH AVE | BOSTON | MA | 02215 | NONE | PUBLIC | SCHOLARSHIP | $5,000 | |||||
| BOSTON UNIVERSITY TANGLEWOOD INSTIT | ||||||||||||
| 881 COMMONWEALTH AVE | BOSTON | MA | 02215 | NONE | PUBLIC | FOR FUNDING | $10,000 | |||||
| BOYS AND GIRLS CLUB OF LYNN | ||||||||||||
| 25 NORTH COMMON STREET | LYNN | MA | 01902 | NONE | PUBLIC | FOR FUNDING | $100,000 | |||||
| BOYS AND GIRLS CLUB OF STONEHAMWAK | ||||||||||||
| 15 DALE COURT | STONEHAM | MA | 02180 | NONE | PUBLIC | FOR FUNDING | $5,000 | |||||
| BROWN UNIVERSITY | ||||||||||||
| 75 WATERMAN ST | PROVIDENCE | RI | 02912 | NONE | PUBLIC | SCHOLARSHIP | $5,000 | |||||
| CAMP FIRE NORTH SHORE | ||||||||||||
| 583 CHESTNUT STREET | LYNN | MA | 01904 | NONE | PUBLIC | FOR FUNDING | $33,000 | |||||
| CARE DIMENSIONS | ||||||||||||
| 75 SYLVAN ST | DANVERS | MA | 01923 | NONE | PUBLIC | FOR FUNDING | $5,000 | |||||
| COLUMBIA UNIVERSITY | ||||||||||||
| 535 WEST 114TH ST | NEW YORK | NY | 10027 | NONE | PUBLIC | SCHOLARSHIP | $10,000 | |||||
| CORNELL UNIVERSITY | ||||||||||||
| 616 THURSTON AVE | ITHACA | NY | 14853 | NONE | PUBLIC | SCHOLARSHIP | $15,000 | |||||
| FLORIDA ATLANTIC UNIVERSITY | ||||||||||||
| 777 GLADES ROAD | BOCA RATON | FL | 33431 | NONE | PUBLIC | SCHOLARSHIP | $5,000 | |||||
| GEORGETOWN UNIVERSITY | ||||||||||||
| 37 AND O STS | WASHINGTON | DC | 20057 | NONE | PUBLIC | SCHOLARSHIP | $5,000 | |||||
| GEORGIA INSTITUTE OF TECHNOLOGY | ||||||||||||
| 225 NORTH AVENUE | ATLANTA | GA | 30332 | NONE | PUBLIC | SCHOLARSHIP | $15,000 | |||||
| HARVARD BUSINESS SCHOOL | ||||||||||||
| 48 QUINCY STREET | CAMBRIDGE | MA | 02138 | NONE | PUBLIC | FOR FUNDING | $5,000 | |||||
| HARVARD GRADUATE SCHOOL OF DESIGN | ||||||||||||
| 1 HARVARD YARD | CAMBRIDGE | MA | 02138 | NONE | PUBLIC | SCHOLARSHIP | $5,000 | |||||
| HARVARD UNIVERSITY | ||||||||||||
| 1 HARVARD YARD | CAMBRIDGE | MA | 02138 | NONE | PUBLIC | FOR FUNDING | $10,000 | |||||
| HAVEN PROJECT | ||||||||||||
| 57 MUNROE ST | LYNN | MA | 01901 | NONE | PUBLIC | FOR FUNDING | $5,000 | |||||
| HIGH SCHOOL SCHOLARSHIPS | ||||||||||||
| 56 CENTRAL AVE | LYNN | MA | 01901 | NONE | PRIVATE | SCHOLARSHIP | $67,357 | |||||
| HOLY MONASTERY KALYVIANI | ||||||||||||
| NONE | PUBLIC | FOR FUNDING | $25,000 | HERAKLION | HERAKLION | CRETE | GR | |||||
| INTERCITY SCHOLARSHIP FUND | ||||||||||||
| 1011 FIRST AVE 14FL | NEW YORK | NY | 10022 | NONE | PUBLIC | TO FUND SCHOLARSHIP | $20,000 | |||||
| LYNN COMMUNITY HEALTH CENTER | ||||||||||||
| 269 UNION STREET | LYNN | MA | 01901 | NONE | PUBLIC | FOR FUNDING | $20,000 | |||||
| MASSACHUSETTS GENERAL HOSPITAL | ||||||||||||
| 56 FRUIT STREET | BOSTON | MA | 02114 | NONE | PUBLIC | FOR FUNDING | $25,000 | |||||
| MASSACHUSETTS INSTITUTE OF TECHNOLO | ||||||||||||
| 77 MASSACHUSETTS AVE | CAMBRIDGE | MA | 02139 | NONE | PUBLIC | SCHOLARSHIP | $15,000 | |||||
| NEW YORK UNIVERSITY | ||||||||||||
| 70 WASHINGTON SQUARE | NEW YORK | NY | 10012 | NONE | PUBLIC | SCHOLARSHIP | $5,000 | SOUTH | ||||
| NORTH CAROLINA UNIVERSITY | ||||||||||||
| 1210 VARSITY DR | RALEIGH | NC | 27606 | NONE | PUBLIC | SCHOLARSHIP | $15,000 | |||||
| OFFICE OF ECONOMIC AND COMMUNITY DE | ||||||||||||
| 1 CITY HALL SQUARE | LYNN | MA | 01901 | NONE | PUBLIC | FOR FUNDING | $15,000 | |||||
| PURDUE UNIVERSITY | ||||||||||||
| 610 PURDUE MALL WEST | LAFAYETTE | IN | 47907 | NONE | PUBLIC | FOR FUNDING | $5,000 | |||||
| RAW ART WORKS | ||||||||||||
| 37 CENTRAL SQUARE | LYNN | MA | 01904 | NONE | PUBLIC | FOR FUNDING | $10,000 | |||||
| RUTGERS THE STATE UNIVERSITY OF NE | ||||||||||||
| 83 SOMERSET STREET | NEW BRUNSWICK | NJ | 08901 | NONE | PUBLIC | SCHOLARSHIP | $15,000 | |||||
| SAINT NIKOLAOS MONASTERY | ||||||||||||
| NONE | PUBLIC | FOR FUNDING | $50,000 | HERAKLION | HERAKLION | CRETE | GR | |||||
| ST GEORGE GREEK ORTHODOX CHURCH | ||||||||||||
| 54 SOUTH COMMON STREET | LYNN | MA | 01902 | NONE | PUBLIC | FOR FUNDING | $505,000 | |||||
| TUFTS UNIVERSITY | ||||||||||||
| 2 THE GREEN | MEDFORD | MA | 02155 | NONE | PUBLIC | SCHOLARSHIP | $5,000 | |||||
| UNITED SERVICES ORGANIZATION | ||||||||||||
| PO BOX 96860 | WASHINGTON | DC | 20077 | NONE | PUBLIC | FOR FUNDING | $50,000 | |||||
| UNIVERSITY OF CALIFORNIA BERKLEY | ||||||||||||
| 2227 PIEDMONT AVE | BERKLEY | CA | 94704 | NONE | PUBLIC | SCHOLARSHIP | $5,000 | |||||
| UNIVERSITY OF CALIFORNIA IRVINE | ||||||||||||
| 102 ALDRICH HALL | IRVINE | CA | 92697 | NONE | PUBLIC | SCHOLARSHIP | $5,000 | |||||
| UNIVERSITY OF CALIFORNIA REGENTS | ||||||||||||
| 1111 FRANKLIN ST 12TH FL | OAKLAND | CA | 94607 | NONE | PUBLIC | FOR FUNDING | $5,000 | |||||
| UNIVERSITY OF DELAWARE | ||||||||||||
| 210 S COLLEGE AVE | NEWARK | DE | 19716 | NONE | PUBLIC | SCHOLARSHIP | $10,000 | |||||
| UNIVERSITY OF GEORGIA | ||||||||||||
| 90 CARLTON ST | ATHENS | GA | 30602 | NONE | PUBLIC | SCHOLARSHIP | $10,000 | |||||
| UNIVERSITY OF HOUSTON | ||||||||||||
| 4367 COUGAR VILLAGE DR | HOUSTON | TX | 77204 | NONE | PUBLIC | SCHOLARSHIP | $5,000 | |||||
| UNIVERSITY OF ILLINOIS URBANA CHAM | ||||||||||||
| 528 EAST GREEN ST | CHAMPAIGN | IL | 61820 | NONE | PUBLIC | SCHOLARSHIP | $5,000 | |||||
| UNIVERSITY OF IOWA | ||||||||||||
| 108 CALVIN HALL | IOWA CITY | IA | 52242 | NONE | PUBLIC | SCHOLARSHIP | $5,000 | |||||
| UNIVERSITY OF MASSACHUSETTS AMHERS | ||||||||||||
| 181 PRESIDENTS DR | AMHERST | MA | 01003 | NONE | PUBLIC | SCHOLARSHIP | $15,000 | |||||
| UNIVERSITY OF MASSACHUSETTS LOWELL | ||||||||||||
| 220 PAWTUCKET ST | LOWELL | MA | 01854 | NONE | PUBLIC | SCHOLARSHIP | $5,000 | |||||
| UNIVERSITY OF MEMPHIS | ||||||||||||
| 101 JOHN S WILDER TOWER | MEMPHIS | TN | 38152 | NONE | PUBLIC | SCHOLARSHIP | $5,000 | |||||
| UNIVERSITY OF MINNESOTA | ||||||||||||
| 100 CHURCH STREET SE | MINNEAPOLIS | MN | 55455 | NONE | PUBLIC | FOR FUNDING | $10,000 | |||||
| UNIVERSITY OF SOUTHERN CALIFORNIA | ||||||||||||
| 3551 TROUSDALE PKWY | LOS ANGELES | CA | 90089 | NONE | PUBLIC | SCHOLARSHIP | $5,000 | |||||
| UNIVERSITY OF TEXAS AT AUSTIN | ||||||||||||
| 110 INNER CAMPUS DRIVE | AUSTIN | TX | 78705 | NONE | PUBLIC | SCHOLARSHIP | $10,000 | |||||
| UNIVERSITY OF VERMONT | ||||||||||||
| 170 CARRIGAN DR | BURLINGTON | VT | 05405 | NONE | PUBLIC | SCHOLARSHIP | $5,000 | |||||
| UNIVERSITY OF WISCONSIN-MADISON | ||||||||||||
| 500 LINCOLN DR | MADISON | WI | 53706 | NONE | PUBLIC | SCHOLARSHIP | $10,000 | |||||
| YALE UNIVERSITY | ||||||||||||
| 149 ELM STREET | NEW HAVEN | CT | 06511 | NONE | PUBLIC | SCHOLARSHIP | $10,000 | |||||
| YMCA METRO NORTH | ||||||||||||
| 289 MAIN STREET | SAUGUS | MA | 01906 | NONE | PUBLIC | FOR FUNDING | $360,000 | |||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $1,575,357 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $479 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $70,192 | ExclusionAmt |
Net Rntl Incm Re Not Debt Fincd Prop NetRntlIncmReNotDebtFincdProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $1,940,793 | RelatedOrExemptFunctionIncmAmt |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | REALIZED CAPITAL GAIN ON IN | Desc |
| Related Or Exempt Function Incm | $99,706 | RelatedOrExemptFunctionIncmAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $70,671 | ExclusionAmt |
| Related Or Exempt Function Incm | $2,040,499 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $2,111,170 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEE | CategoryTxt |
| Amt | $25,000 | Amt |
| Net Investment Income | $25,000 | NetInvestmentIncomeAmt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | CORP BONDS | BondNm |
| EOY Book Value | $148,283 | EOYBookValueAmt |
| EOYFMV | $148,037 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (3 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| OTHER INVESTMENT | $108,420 | $90,623 |
| HEDGE FUNDS | $345,634 | $364,032 |
| COMMON STOCK | $1,286,486 | $1,819,439 |
Investments Land Schedule2 InvestmentsLandSchedule2
Investment Land InvestmentLandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | LAND | CategoryOrItemTxt |
| Cost Or Other Basis | $3,910,000 | CostOrOtherBasisAmt |
| Book Value | $3,910,000 | BookValueAmt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL | CategoryTxt |
| Legal Fees | $500 | LegalFeesAmt |
| Net Investment Income | $500 | NetInvestmentIncomeAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | INCOME TAX EXPENSE | Desc |
| Amt | $26,704 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (7 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| EXPENSES | ||
| BANK CHARGES | $156 | $156 |
| MISCELLANEOUS EXPENSE | $742 | $742 |
| SCHOLARSHIP ADVERTISING | $2,300 | $2,300 |
| INVESTMENT FEES | $17,201 | $17,201 |
| COMMISSIONS | $25,000 | $25,000 |
| OFFICE EXPENSE | $302 | $302 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | REALIZED CAPITAL GAIN ON INV | Desc |
| Revenue And Expenses Per Books | $99,706 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $99,706 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $99,706 | AdjustedNetIncomeAmt |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | TAX PAYABLE | Desc |
| BOY Book Value | $8,394 | BOYBookValueAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ADMIN. FEES | CategoryTxt |
| Amt | $121,525 | Amt |
| Net Investment Income | $121,525 | NetInvestmentIncomeAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | OTHER TAXES | CategoryTxt |
| Amt | $951 | Amt |
| Net Investment Income | $951 | NetInvestmentIncomeAmt |
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