WESLEY JOSEPH & MARION FAMILY FOUNDATION: Form 990PF, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- WESLEY JOSEPH & MARION FAMILY FOUNDATION (EIN 83-0469852)
- Tax period
- 2020-01-01 to 2020-12-31
- Filed
- 2021-05-16
- IRS object ID
- 202101369349100120
- 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
- Investments Corp Stock Schedule
- Legal Fees Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2021-05-16T12:29:42-05:00 | ReturnTs |
| Tax Period End | 2020-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 230891050 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Morgan Lewis & Bockius LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1701 Market Street | AddressLine1Txt |
| City | Philadelphia | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 19103 | 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 | 830469852 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Wesley Joseph & Marion Family Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | WESL | BusinessNameControlTxt |
| Phone | 2159635599 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | Morgan Lewis - 1701 Market Street | AddressLine1Txt |
| City | Philadelphia | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 19103 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Joseph Wesley | PersonNm |
| Person Title | Trustee | PersonTitleTxt |
| Phone | 2159635599 | PhoneNum |
| Signature | 2021-05-16 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | Joseph | PersonFirstNm |
| Person Last | Wesley | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Sheryl F Roth | PreparerPersonNm |
| PTIN | P01252276 | PTIN |
| Phone | 2159635000 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| 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 | $799,454 | 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 | $3,464,425 | ContriRcvdRevAndExpnssAmt |
| Dividends Rev And Expnss | $33,173 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $23,431 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $3,544,277 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $10,631,310 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $3,544,277 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $7,041,875 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $3,567,708 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $8,037 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $4,019 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $4,018 | LegalFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $36,867 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $36,867 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $2,179 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $1,089 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $1,090 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $47,083 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $41,975 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $5,108 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $10,100,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $10,100,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $10,147,083 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $41,975 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $10,105,108 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$3,105,208 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $3,525,733 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $138,915 | CashBOYAmt |
| Cash EOY | $1,550 | CashEOYAmt |
| Cash EOYFMV | $1,550 | CashEOYFMVAmt |
| Sav And Temp Cash Invst EOY | $180,187 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $180,187 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $3,773,247 | CorporateStockBOYAmt |
| Corporate Stock EOY | $625,215 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $617,717 | CorporateStockEOYFMVAmt |
| Total Assets BOY | $3,912,162 | TotalAssetsBOYAmt |
| Total Assets EOY | $806,952 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $799,454 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $504,178 | CapitalStockBOYAmt |
| Capital Stock EOY | $504,178 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $3,407,984 | RetainedEarningBOYAmt |
| Retained Earning EOY | $302,774 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $3,912,162 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $806,952 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $3,912,162 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $806,952 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $3,912,162 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$3,105,208 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $806,954 | SubtotalAmt |
| Other Decreases | $2 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $806,952 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (51 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | How AcquiredHowAcquiredCd |
|---|---|---|---|---|---|---|---|
| 3.702 shs Dolllar General | 2020-07-21 | 2020-08-10 | $718 | $713 | $5 | $5 | |
| 1.098 shs Intuit | 2020-07-20 | 2020-08-10 | $336 | $318 | $18 | $18 | |
| 10000 shs Targa Resources | 2020-03-20 | 2020-08-10 | $203,516 | $76,374 | $127,142 | $127,142 | |
| .433 Unitedhealth Group | 2020-06-30 | 2020-08-10 | $137 | $125 | $12 | $12 | |
| 4922.137 shs Vanguard Div Aprc Inx Adml | 2020-03-13 | $168,731 | $121,549 | $47,182 | $47,182 | ||
| 591.949 shs Vngrd Div Aprc Idx Adm | 2019-06-13 | 2020-03-20 | $15,000 | $14,618 | $382 | $382 | |
| 84.086 shs Vngrd Div Aprc Idx Adm | 2020-11-12 | $3,103 | $2,084 | $1,019 | $1,019 | ||
| 16123.831 shs Vngrd Div Grw Invs | 2020-01-02 | 2020-01-13 | $500,000 | $495,647 | $4,353 | $4,353 | |
| 1561.106 shs Vngrd Div Grw Invs | 2020-01-02 | 2020-03-20 | $35,000 | $47,988 | -$12,988 | -$12,988 | |
| 1614.871 shs Vngrd Div Grw Invs | 2020-11-12 | $52,709 | $49,605 | $3,104 | $3,104 | ||
| 58528.428 Vngrd H/Y Corp Adml | 2020-01-13 | $350,000 | $335,613 | $14,387 | $14,387 | ||
| 2044.99 Vngrd H/Y Corp Adml | 2019-06-13 | 2020-03-20 | $10,000 | $11,737 | -$1,737 | -$1,737 | |
| 926.357 Vngrd H/Y Corp Adml | 2020-11-12 | $5,456 | $5,322 | $134 | $134 | ||
| 14673.942 shs Vngrd Hi Div Yld Adml | 2020-01-02 | $415,713 | $336,326 | $79,387 | $79,387 | ||
| 234623.016 shs Vngrd Int Tm Inv Gd Adml | 2020-01-13 | $2,365,000 | $2,261,427 | $103,573 | $103,573 | ||
| 3151.261 shs Vngrd Int Tm Inv Gd Adml | 2019-06-13 | 2020-03-20 | $30,000 | $30,418 | -$418 | -$418 | |
| 123881.703 shs Vngrd Int Tm Inv Gd Adml | 2020-11-12 | $1,318,101 | $1,313,249 | $4,852 | $4,852 | ||
| 583.963 shs Vngrd Rl Est Idx Adml | 2020-01-13 | $77,293 | $70,210 | $7,083 | $7,083 | ||
| 117.371 shs Vngrd Rl Est Idx Adml | 2019-06-13 | 2020-03-20 | $10,000 | $14,065 | -$4,065 | -$4,065 | |
| 23.55 shs Vngrd Rl Est Idx Adml | 2020-11-12 | $2,777 | $2,810 | -$33 | -$33 | ||
| Abbott Laboratories | 2020-08-10 | $242,659 | $74,032 | $168,627 | $168,627 | ||
| Adobe | 2016-11-09 | 2020-08-10 | $224,681 | $53,695 | $170,986 | $170,986 | |
| Ansys | 2015-10-05 | 2020-08-10 | $139,389 | $40,385 | $99,004 | $99,004 | |
| Arthur J. Gallagher | 2016-02-19 | 2020-11-12 | $22,519 | $7,867 | $14,652 | $14,652 | |
| Cadence Design Sys | 2017-07-28 | 2020-11-12 | $137,613 | $44,546 | $93,067 | $93,067 | |
| Dollar General | 2015-10-27 | 2020-08-10 | $384,369 | $129,287 | $255,082 | $255,082 | |
| Facebook A | 2015-10-05 | 2020-11-12 | $27,633 | $9,402 | $18,231 | $18,231 | |
| Intuit | 2015-10-05 | 2020-08-10 | $183,929 | $54,789 | $129,140 | $129,140 | |
| LVMH Moet Hennessy Louis | 2016-11-01 | 2020-11-12 | $197,331 | $65,063 | $132,268 | $132,268 | |
| Microsoft | 2017-12-07 | 2020-11-12 | $323,264 | $123,342 | $199,922 | $199,922 | |
| 300 shs Newmont | 2015-10-05 | 2020-08-10 | $20,838 | $5,387 | $15,451 | $15,451 | |
| 3200 shs Nextera Energy | 2015-10-05 | 2020-11-12 | $244,571 | $80,580 | $163,991 | $163,991 | |
| 8613 shs Nidec Spon ADR | 2015-10-16 | 2020-11-12 | $235,849 | $76,568 | $159,281 | $159,281 | |
| 2100 shs Progressive | 2015-10-05 | 2020-11-12 | $195,528 | $65,930 | $129,598 | $129,598 | |
| 200 shs Synopsys | 2015-12-11 | 2020-08-10 | $39,258 | $9,032 | $30,226 | $30,226 | |
| 100 shs Unitedhealth Group | 2016-01-11 | 2020-08-10 | $31,689 | $10,911 | $20,778 | $20,778 | |
| 400 shs Unitedhealth Group | 2015-10-05 | 2020-11-12 | $142,551 | $47,862 | $94,689 | $94,689 | |
| 7475.763 shs Vngrd Div Aprc Idx Adml | 2020-01-13 | $256,269 | $184,609 | $71,660 | $71,660 | ||
| 1085.092 shs Vngrd Div Aprc Idx Adml | 2020-11-12 | $40,040 | $26,887 | $13,153 | $13,153 | ||
| 2987.394 shs Vngrd H/Y Corp Adml | 2020-11-12 | $17,596 | $17,164 | $432 | $432 | ||
| 6251.806 shs Vngrd Hi Div Yld Adml | 2020-01-02 | $177,114 | $143,291 | $33,823 | $33,823 | ||
| 7697.244 shs Vngrd Int Tm Inv Gd Adml | 2020-11-12 | $81,899 | $81,597 | $302 | $302 | ||
| 282.009 shs Vngrd RL Est Idx Adml | 2020-01-13 | $37,327 | $33,906 | $3,421 | $3,421 | ||
| 130.223 shs Vngrd RL Est Idx Adml | 2020-11-12 | $15,356 | $15,537 | -$181 | -$181 | ||
| 256 shs Abbot Laboratories | 2009-12-11 | 2020-08-10 | $25,830 | $6,636 | $19,194 | $19,194 | |
| 1944 shs Amgen | 2009-12-10 | 2020-08-10 | $465,043 | $109,704 | $355,339 | $355,339 | P |
| 16000 shs Nextera Energy Prtnrs LP | 2020-11-12 | $1,038,522 | $316,446 | $722,076 | $722,076 | P | |
| 833.937 shs Vngrd Est Inx Adml | 2020-01-13 | $110,380 | $60,590 | $49,790 | $49,790 | P | |
| Basis Adjustment | 2020-01-01 | 2020-12-31 | $459 | -$459 | -$459 | P | |
| Basis Adjustment | 2001-01-01 | 2020-12-31 | $1,331 | -$1,331 | -$1,331 | P | |
| Capital Gains Dividends | $8,673 | $8,673 | $8,673 | P |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $3,544,277 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $49,008 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $49,008 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $49,008 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $0 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $0 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $552 | EsPenaltyAmt |
| Tax Due | $49,560 | TaxDueAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | PA | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | Jim Schafle | IndividualWithBooksNm |
| Phone | 2159635599 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 645 Pineville Road | AddressLine1Txt |
| City | Newtown | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 18940 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (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 |
|---|---|---|---|---|---|---|---|---|
| Joseph L Wesly Sr | ||||||||
| 1600 S Ocean Boulevard PH2 | Pompano Beach | FL | 33062 | Trustee | 1.00 | $0 | $0 | $0 |
| Marion M Wesley | ||||||||
| 1600 S Ocean Boulevard PH2 | Pompano Beach | FL | 33062 | 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 |
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 | $1,500,465 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $501,563 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $2,002,028 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $2,002,028 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $30,030 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $1,971,998 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $98,600 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $98,600 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $49,008 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $49,008 | TotalTaxAmt |
| Distributable Before Adj | $49,592 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $49,592 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $49,592 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $10,105,108 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $10,105,108 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $10,105,108 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $49,592 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $479,023 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $457,502 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $1,293,103 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $1,354,573 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $1,447,827 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $5,032,028 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $10,105,108 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $49,592 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $10,055,516 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $15,087,544 | 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 | $479,023 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $14,608,521 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $457,502 | ExcessFromYear4Amt |
| Excess From Year3 | $1,293,103 | ExcessFromYear3Amt |
| Excess From Year2 | $1,354,573 | ExcessFromYear2Amt |
| Excess From Year1 | $1,447,827 | ExcessFromYear1Amt |
| Excess From Current Year | $10,055,516 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | Joseph L Wesly Sr | ContributingManagerNm |
| Contributing Manager | Marion M Wesley | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (2 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| Girls Inc of Greater Philadelphia & South NJ | ||||||
| 1501 Cherry Street | Philadelphia | PA | 19104 | PC | General Purpose | $100,000 |
| Williams College of the Trades | ||||||
| 106 S New Middletown Road | Media | PA | 19063 | PC | General Purpose | $10,000,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $10,100,000 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $33,173 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $3,544,277 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $3,577,450 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $3,577,450 | 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 (3 entries)
| ContributorContributorNum | Address Line1ContributorUSAddress/AddressLine1Txt | CityContributorUSAddress/CityNm | State AbbreviationContributorUSAddress/StateAbbreviationCd | ZIPContributorUSAddress/ZIPCd | Total ContributionsTotalContributionsAmt | Noncash ContributionNoncashContributionInd | Person ContributionPersonContributionInd |
|---|---|---|---|---|---|---|---|
| Joseph L Marion M Wesley | |||||||
| 1 | 1500 S Ocean Boulevard PH2 | Pompano Beach | FL | 33062 | $1,885,585 | Yes (X) | |
| Joseph L Marion M Wesley | |||||||
| 2 | 1500 S Ocean Boulevard PH2 | Pompano Beach | FL | 33062 | $2,540,552 | Yes (X) | |
| Joseph L & Marion M Wesley | |||||||
| 3 | 1500 S Ocean Boulevard PH2 | Pompano Beach | FL | 33062 | $2,047,069 | Yes (X) | |
Non Cash Property Contribution NonCashPropertyContributionGrp (20 entries)
| ContributorContributorNum | Noncash PropertyNoncashPropertyDesc | Fair Market ValueFairMarketValueAmt | ReceivedReceivedDt |
|---|---|---|---|
| 1 | 2,661 shares Abbott Laboratories | $244,000 | 2020-06-10 |
| 1 | 1,944 shares Amgen | $442,269 | 2020-06-10 |
| 1 | 1,980 shares Dollar General | $374,022 | 2020-06-10 |
| 1 | 500 shares Adobe | $202,368 | 2020-06-10 |
| 1 | 450 shares Ansys | $129,811 | 2020-06-10 |
| 1 | 600 shares Intuit Software | $176,730 | 2020-06-10 |
| 1 | 300 shares Newmont | $17,195 | 2020-06-10 |
| 1 | 200 shares Synopsys | $37,931 | 2020-06-10 |
| 1 | 100 shares Unitedhealthcare Group | $30,659 | 2020-06-10 |
| 1 | 10,000 shares Targa Resources | $230,600 | 2020-06-10 |
| 2 | 8,613 shares Nidec | $206,109 | 2020-10-13 |
| 2 | 1,777 shares LVMH Moet Hennessy Louis | $173,524 | 2020-10-13 |
| 2 | 1,200 shares Cadence Design Systems | $139,896 | 2020-10-13 |
| 2 | 100 shares Facebook | $27,624 | 2020-10-13 |
| 2 | 200 shares Gallagher Arthur J & Co | $21,848 | 2020-10-13 |
| 2 | 1,500 shares Microsoft | $334,230 | 2020-10-13 |
| 2 | 800 shares Nextera Energy | $241,328 | 2020-10-13 |
| 2 | 2,100 shares Progressive | $212,111 | 2020-10-13 |
| 2 | 400 shares Unitedhealth Group | $132,282 | 2020-10-13 |
| 2 | 16,000 units Nextera Energy Partners LP | $1,051,600 | 2020-10-13 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | Vanguard Intermediate Term Invest Grade Admiral CL | StockNm |
| EOY Book Value | $625,215 | EOYBookValueAmt |
| EOYFMV | $617,717 | EOYFMVAmt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Morgan Lewis & Bockius | CategoryTxt |
| Legal Fees | $8,037 | LegalFeesAmt |
| Net Investment Income | $4,019 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $4,018 | DisbursementsCharitablePrpsAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Rounding | Desc |
| Amt | $2 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Miscellaneous Expenses | Desc |
| Revenue And Expenses Per Books | $2,179 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $1,089 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $1,090 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| PA Bureau of Charitable Organizations | $15 | $15 | $0 |
| United States Treasury - 2019 Excise Tax | $36,852 | $36,852 | $0 |
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