LAPOSTA-BANKETAS FAMILY FOUNDATION: Form 990PF, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- LAPOSTA-BANKETAS FAMILY FOUNDATION (EIN 26-6320501)
- Tax period
- 2020-01-01 to 2020-12-31
- Filed
- 2021-05-13
- IRS object ID
- 202101339349101980
- Schema version
- 2020v4.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Schedule B
- Accounting Fees Schedule
- Gain Loss Sale Other Assets Sch
- Investments Corp Stock Schedule
- Legal Fees Schedule
- Other Expenses Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2021-05-13T10:23:19-07:00 | ReturnTs |
| Tax Period End | 2020-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MERCADANTE & COMPANY | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2200 GEORGETOWN DR STE 202 | AddressLine1Txt |
| City | SEWICKLEY | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 15143 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2020-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 266320501 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LAPOSTA-BANKETAS FAMILY FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | LAPO | BusinessNameControlTxt |
| Phone | 7242256600 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | C/O MARRINER JONES FITCH 6 SOUTH MA | AddressLine1Txt |
| City | WASHINGTON | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 15301 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | GERALDINE BANKETAS | PersonNm |
| Person Title | TRUSTEE | PersonTitleTxt |
| Phone | 7242256600 | PhoneNum |
| Signature | 2021-04-21 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | GERALDINE | PersonFirstNm |
| Person Last | BANKETAS | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JONATHAN C KRATSAS CPA | PreparerPersonNm |
| PTIN | P00436675 | PTIN |
| Phone | 7248693007 | PhoneNum |
| Preparation | 2021-05-13 | 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 |
| Federated Assurance Level | FAL1 | FederatedAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2020 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $2,135,951 | 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 | $117,600 | ContriRcvdRevAndExpnssAmt |
| Dividends Rev And Expnss | $56,260 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $56,260 | DividendsNetInvstIncmAmt |
| Dividends Adj Net Incm | $56,260 | DividendsAdjNetIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $137,821 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $1,313,944 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $137,821 | CapGainNetIncmNetInvstIncmAmt |
| Net ST Capital Gain Adj Net Incm | $82,638 | NetSTCapitalGainAdjNetIncmAmt |
| Gross Profit Rev And Expnss | $0 | GrossProfitRevAndExpnssAmt |
| Other Income Rev And Expnss | $0 | OtherIncomeRevAndExpnssAmt |
| Total Rev And Expnss | $311,681 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $194,081 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $138,898 | TotalAdjNetIncmAmt |
| Legal Fees Rev And Expnss | $221 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $221 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $221 | LegalFeesAdjNetIncmAmt |
| Accounting Fees Rev And Expnss | $1,025 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $1,025 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $1,025 | AccountingFeesAdjNetIncmAmt |
| Other Prof Fees Rev And Expnss | $0 | OtherProfFeesRevAndExpnssAmt |
| Taxes Rev And Expnss | $4,779 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $4,779 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $4,779 | TaxesAdjNetIncmAmt |
| Deprec And Dpltn Rev And Expnss | $0 | DeprecAndDpltnRevAndExpnssAmt |
| Other Expenses Rev And Expnss | $16,260 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $16,260 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $16,260 | OtherExpensesAdjNetIncmAmt |
| Tot Opr Expenses Rev And Expnss | $22,285 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $22,285 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $22,285 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $129,798 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $129,798 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $152,083 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $22,285 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $22,285 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $129,798 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $159,598 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $171,796 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $116,613 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $168,625 | CashBOYAmt |
| Cash EOY | $72,016 | CashEOYAmt |
| Cash EOYFMV | $72,016 | CashEOYFMVAmt |
| Rcvbl From Officers EOY | $0 | RcvblFromOfficersEOYAmt |
| Other Nts And Loans Rcvbl EOY | $0 | OtherNtsAndLoansRcvblEOYAmt |
| Corporate Stock BOY | $1,752,269 | CorporateStockBOYAmt |
| Corporate Stock EOY | $2,008,476 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $2,063,935 | CorporateStockEOYFMVAmt |
| Land Bldg Investments EOY | $0 | LandBldgInvestmentsEOYAmt |
| Other Investments EOY | $0 | OtherInvestmentsEOYAmt |
| Land EOY | $0 | LandEOYAmt |
| Other Assets BOY | $0 | OtherAssetsBOYAmt |
| Other Assets EOY | $0 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $0 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $1,920,894 | TotalAssetsBOYAmt |
| Total Assets EOY | $2,080,492 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $2,135,951 | TotalAssetsEOYFMVAmt |
| Loans From Officers EOY | $0 | LoansFromOfficersEOYAmt |
| Mortgages And Notes Payable EOY | $0 | MortgagesAndNotesPayableEOYAmt |
| Other Liabilities BOY | $0 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $0 | OtherLiabilitiesEOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $1,920,894 | CapitalStockBOYAmt |
| Capital Stock EOY | $2,080,492 | CapitalStockEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $1,920,894 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $2,080,492 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $1,920,894 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $2,080,492 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $1,920,894 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $159,598 | ExcessRevenueOverExpensesAmt |
| Subtotal | $2,080,492 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $2,080,492 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (6 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | DepreciationDepreciationAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | FMV As Of123169FMVAsOf123169Amt | Adjusted Basis As Of123169AdjustedBasisAsOf123169Amt | Excess FMV Over Adjusted BssExcessFMVOverAdjustedBssAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EXETER TRUST - LONG TERM (EQUITIES) | P | 2019-01-01 | 2020-12-31 | $95,363 | $0 | $49,346 | $46,017 | $0 | $0 | $0 | $46,017 |
| EXETER TRUST - SHORT TERM (EQUITIES) | P | 2020-01-01 | 2020-12-31 | $960,905 | $0 | $892,462 | $68,443 | $0 | $0 | $0 | $68,443 |
| EXETER TRUST - LONG TERM (FIXED INCOME) | P | 2019-01-01 | 2020-12-31 | $216,922 | $0 | $230,030 | -$13,108 | $0 | $0 | $0 | -$13,108 |
| EXETER TRUST - SHORT TERM (FIXED INCOME) | P | 2020-01-01 | 2020-12-31 | $5,423 | $0 | $4,285 | $1,138 | $0 | $0 | $0 | $1,138 |
| EXETER TRUST - LONG TERM (CAPITAL GAIN DISTRIBUTION) | P | 2019-01-01 | 2020-12-31 | $22,274 | $0 | $0 | $22,274 | $0 | $0 | $0 | $22,274 |
| EXETER TRUST - SHORT TERM (CAPITAL GAIN DISTRIBUTION) | P | 2020-01-01 | 2020-12-31 | $13,057 | $0 | $0 | $13,057 | $0 | $0 | $0 | $13,057 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $137,821 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | $82,638 | NetShortTermCapitalGainLossAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $2,388 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $2,388 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $2,388 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $2,344 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $2,344 | TotalPaymentsAndCreditsAmt |
| Original Return Tax Paid | $2,344 | OriginalReturnTaxPaidAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $3 | EsPenaltyAmt |
| Tax Due | $47 | TaxDueAmt |
| Applied To ES Tax | $0 | 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 |
| 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 |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | STEPHEN D MARRINER JR ESQUIRE | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 7242256600 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 6 SOUTH MAIN STREET SUITE 600 | AddressLine1Txt |
| City | WASHINGTON | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 153014792 | 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 |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Undistr Incm Sect4942a2 Not App | false | UndistrIncmSect4942a2NotAppInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
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 |
|---|---|---|---|---|---|---|---|---|
| GERALDINE BANKETAS | ||||||||
| 1431 OVERLOOK DRIVE | WEIRTON | WV | 26062 | TRUSTEE | 1.00 | $0 | $0 | $0 |
| THOMAS BANKETAS | ||||||||
| 1431 OVERLOOK DRIVE | WEIRTON | WV | 26062 | TRUSTEE | 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 |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $1,906,339 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $46,590 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $1,952,929 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Adjusted Total FMV Of Unused Ast | $1,952,929 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $29,294 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $1,923,635 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $96,182 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $96,182 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $2,388 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $2,388 | TotalTaxAmt |
| Distributable Before Adj | $93,794 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $93,794 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $93,794 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $129,798 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $129,798 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $129,798 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $93,794 | DistributableAsAdjustedAmt |
| Excess Distribution Cyov Yr5 | $0 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $0 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $0 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $572,382 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $9,798 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $582,180 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $129,798 | QualifyingDistributionsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $93,794 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $36,004 | RemainingDistriFromCorpusAmt |
| Total Corpus | $618,184 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $618,184 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $0 | ExcessFromYear4Amt |
| Excess From Year3 | $0 | ExcessFromYear3Amt |
| Excess From Year2 | $572,382 | ExcessFromYear2Amt |
| Excess From Year1 | $9,798 | ExcessFromYear1Amt |
| Excess From Current Year | $36,004 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | GERALDINE AND THOMAS BANKETAS | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 6 SOUTH MAIN STREET SUITE 600 | AddressLine1Txt |
| City | WASHINGTON | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 15301 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Info And Materials | LETTER | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | N/A | SubmissionDeadlinesTxt |
| Restrictions On Awards | N/A | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (20 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| WEIRTON CHIRSTIAN CENTER | ||||||
| PO BOX 2045 | WEIRTON | WV | 26062 | N/A | CHILDRENS' MINISTRY | $71,198 |
| DUNBAR RECREATION CENTER | ||||||
| 300 KESSEL ST | WEIRTON | WV | 26062 | N/A | SERVING THE COMMMUNITY | $3,000 |
| NATIONAL MS SOCIETY | ||||||
| 1501 REEDSDALE ST | PITTSBURGH | PA | 15223 | N/A | RESEARCH | $1,000 |
| AARON DAVIES MEMORIAL FUND | ||||||
| 307 BELL BLVD | WEIRTON | WV | 26062 | N/A | SCHOLARSHIPS | $600 |
| FIRST CHRISTIAN CHURCH | ||||||
| 3252 MAIN ST | WEIRTON | WV | 26062 | N/A | MINISTRY | $4,000 |
| CANINE ANGELS | ||||||
| 2873 LOBLOLLY AVE | LITTLE RIVER | SC | 295669332 | N/A | TRAINING SERVICE DOGS | $4,000 |
| CHESTER-NEWELL FISH FOUND | ||||||
| 1472 LOCUST HILL ROAD | CHESTER | WV | 26034 | N/A | SERVING THE COMMUNITY (FOOD) | $3,000 |
| COLUMBIANA DOG POUND | ||||||
| 8455 COUNTY HOME ROAD | LIBSON | OH | 44432 | N/A | ANIMAL CARE | $1,000 |
| HIGH ROCKS EDUCATION CORP | ||||||
| HC 64 BOX 438 | HILLSBORO | WV | 24946 | N/A | SERVING WV YOUNG WOMEN | $4,000 |
| HOUNDS HAVEN INC | ||||||
| 22 TWP ROAD 150 | DILLONVILLE | OH | 43917 | N/A | ANIMAL CARE | $3,000 |
| HOUSE OF THE CARPENTER INC | ||||||
| 200 S FRONT STREET | WHEELING | WV | 26003 | N/A | SERVING THE COMMUNITY | $3,000 |
| IMPACT CHURCH | ||||||
| 300 SCHOOL STREET | WEIRTON | WV | 26062 | N/A | MINISTRY | $3,500 |
| SW BUTLER FOOD CUPBOARD | ||||||
| 557 PERRY HWY | HARMONY | PA | 16037 | N/A | SERVING THE COMMUNITY (FOOD) | $4,000 |
| SOVEREIGN GRACE FAMILY CHURCH | ||||||
| 13773 N MAIN STREET | JACKSONVILLE | FL | 32218 | N/A | MINISTRY | $2,000 |
| URBAN MISSION MINISTRIES | ||||||
| 301 N 5TH | STEUBENVILLE | OH | 43952 | N/A | SERVING THE COMMUNITY | $5,000 |
| SALVATION ARMY | ||||||
| 794 COVE ROAD | WEIRTON | WV | 26062 | N/A | MINISTRY | $6,000 |
| APOLLO FREE METH CHURCH | ||||||
| 1027 STREET RTE 56 E | APOLLO | PA | 15613 | N/A | MINISTRY | $3,000 |
| OLD FRIENDS CABIN CREEK | ||||||
| 483 SAND HILL ROAD | GREENFIELD | NY | 12833 | N/A | SAVING RACEHORSES | $5,000 |
| BLUE STREAM FARMS | ||||||
| PO BOX 2031 | WEIRTON | WV | 26062 | N/A | COMMUNITY EDUCATION ON FOOD PRODUCTION | $1,500 |
| ELEVATE WORSHIP CENTER | ||||||
| 1329 MAIN STREET | WELLSVILLE | OH | 43968 | N/A | MINISTRY | $2,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $129,798 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $56,260 | RelatedOrExemptFunctionIncmAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $137,821 | RelatedOrExemptFunctionIncmAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $194,081 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $194,081 | TotalIncomeProducingActyAmt |
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp (2 entries)
| Line NumberLineNumberTxt | Relationship StatementRelationshipStatementTxt |
|---|---|
| 4 | THE DIVIDENDS EARNED WERE FROM THE LAPOSTA-BANKETAS FAMILY FOUNDATION INVESTMENT ACCOUNT WHICH EXISTS FOR CHARITABLE PURPOSES |
| 8 | THE CAPITAL GAINS REALIZED WERE FROM THE SALE OF SECURITIES IN THE LAPOSTA-BANKETAS FAMILY FOUNDATION INVESTMENT ACCOUNT WHICH EXISTS FOR CHARITABLE PURPOSES |
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 |
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 | THOMAS GERALDINE BANKETAS | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1431 OVERLOOK DRIVE | AddressLine1Txt |
| City | WEIRTON | CityNm |
| State Abbreviation | WV | StateAbbreviationCd |
| ZIP | 26062 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $117,600 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | X ACCOUNTING | CategoryTxt |
| Amt | $1,025 | Amt |
| Net Investment Income | $1,025 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $1,025 | AdjustedNetIncomeAmt |
Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch
Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Asset | EXETER TRUST SECURITIES | AssetDesc |
| How Acquired | Purchased | HowAcquiredTxt |
| Sold | 2020-12 | SoldDt |
| Gross Sales Price | $1,313,944 | GrossSalesPriceAmt |
| Basis | $1,176,123 | BasisAmt |
| Total Net | $137,821 | TotalNetAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | EXETER TRUST COMPANY | StockNm |
| EOY Book Value | $2,008,476 | EOYBookValueAmt |
| EOYFMV | $2,063,935 | EOYFMVAmt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | MARRINER AND FITCH LEGAL | CategoryTxt |
| Legal Fees | $221 | LegalFeesAmt |
| Net Investment Income | $221 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $221 | AdjustedNetIncomeAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | INVESTMENT FEE | Desc |
| Revenue And Expenses Per Books | $16,260 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $16,260 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $16,260 | AdjustedNetIncomeAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | EXCISE TAX | CategoryTxt |
| Amt | $4,779 | Amt |
| Net Investment Income | $4,779 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $4,779 | AdjustedNetIncomeAmt |
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