SCHULKE INN FAMILY FOUNDATION: Form 990PF, tax year 2020

View the entire original 990 at ProPublica ↗

Organization
SCHULKE INN FAMILY FOUNDATION (EIN 81-0836484)
Tax period
2020-01-01 to 2020-12-31
Filed
2021-09-08
IRS object ID
202112519349100111
Schema version
2020v4.0
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 ReturnHeader

FieldValueIRS element (for citing)
Return2021-09-08T16:54:27-05:00ReturnTs
Tax Period End2020-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN822326348PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1GAUN & COMPANY CPAS PCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1231 GLEN COVE AVEAddressLine1Txt
CitySEA CLIFFCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11579ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2020-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN810836484EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1SCHULKE INN FAMILY FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlSCHUBusinessNameControlTxt
Phone3473928946PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line130 WEST STREET APT 26FAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10004ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonRYAN SCHULKEPersonNm
Person TitleTRUSTEEPersonTitleTxt
Phone3473928946PhoneNum
Signature2021-07-30SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstRYANPersonFirstNm
Person LastSCHULKEPersonLastNm
FieldValueIRS element (for citing)
SSNXXX-XX-XXXXSSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonC GAUN CFE CPA RIAPreparerPersonNm
PTINP00081409PTIN
Phone5167590217PhoneNum
Preparation2021-09-08PreparationDt
FieldValueIRS element (for citing)
Tax2020TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$2,311,790FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss$3InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$3InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$36,582DividendsRevAndExpnssAmt
Dividends Net Invst Incm$36,582DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$184,525NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$446,292GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$40CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$221,110TotalRevAndExpnssAmt
Total Net Invst Incm$36,625TotalNetInvstIncmAmt
Accounting Fees Rev And Expnss$5,800AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$5,800AccountingFeesNetInvstIncmAmt
Other Prof Fees Rev And Expnss$17,131OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm$17,131OtherProfFeesNetInvstIncmAmt
Taxes Rev And Expnss$250TaxesRevAndExpnssAmt
Taxes Net Invst Incm$250TaxesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss$23,181TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$23,181TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$338,894ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$338,894ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$362,075TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$23,181TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$338,894TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$140,965ExcessRevenueOverExpensesAmt
Net Investment Income$13,444NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$6,006CashBOYAmt
Cash EOY$14,615CashEOYAmt
Cash EOYFMV$14,615CashEOYFMVAmt
Corporate Stock BOY$1,383,297CorporateStockBOYAmt
Corporate Stock EOY$1,738,998CorporateStockEOYAmt
Corporate Stock EOYFMV$1,738,998CorporateStockEOYFMVAmt
Other Investments BOY$701,343OtherInvestmentsBOYAmt
Other Investments EOY$558,177OtherInvestmentsEOYAmt
Other Investments EOYFMV$558,177OtherInvestmentsEOYFMVAmt
Total Assets BOY$2,090,646TotalAssetsBOYAmt
Total Assets EOY$2,311,790TotalAssetsEOYAmt
Total Assets EOYFMV$2,311,790TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY$2,090,646NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY$2,311,790NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY$2,090,646TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$2,311,790TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$2,090,646TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$2,311,790TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$2,090,646TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$140,965ExcessRevenueOverExpensesAmt
Other Increases$362,109OtherIncreasesAmt
Subtotal$2,311,790SubtotalAmt
Tot Net Ast Or Fund Balances EOY$2,311,790TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

FieldValueIRS element (for citing)
Capital Gain Net Income$40CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$187InvestmentIncomeExciseTaxAmt
Subtotal$187SubtotalAmt
Tax Based On Investment Income$187TaxBasedOnInvestmentIncomeAmt
Extsn Request Income Tax Paid$187ExtsnRequestIncomeTaxPaidAmt
Total Payments And Credits$187TotalPaymentsAndCreditsAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateNYOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt
Individual With BooksC GAUN CFE CPA RIAIndividualWithBooksNm
Phone5167590217PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1231 GLEN COVE AVENUEAddressLine1Txt
CitySEA CLIFFCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11579ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Undistributed Income PYfalseUndistributedIncomePYInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
RYAN SCHULKE
30 WEST STREET APT26FNEW YORKNY10004TRUSTEE000.00$0$0$0
SANDY INN SCHULKE
30 WEST STREET APT 26FNEW YORKNY10004TRUSTEE000.00$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

FieldValueIRS element (for citing)
Description1GRANTS AND DONATIONS TO REGISTERED CHARITABLE ORGANIZATIONS.Description1Txt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Description1N/ADescription1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$1,562,148AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$10,311AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$629,760FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$2,202,219TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$2,202,219AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$33,033CashDeemedCharitableAmt
Net Vl Noncharitable Assets$2,169,186NetVlNoncharitableAssetsAmt
Minimum Investment Return$108,459MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$108,459MinimumInvestmentReturnAmt
Tax Based On Investment Income$187TaxBasedOnInvestmentIncomeAmt
Total Tax$187TotalTaxAmt
Distributable Before Adj$108,272DistributableBeforeAdjAmt
Distributable Before Ded$108,272DistributableBeforeDedAmt
Distributable As Adjusted$108,272DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$338,894ExpensesAndContributionsAmt
Qualifying Distributions$338,894QualifyingDistributionsAmt
Adjusted Qualifying Distri$338,894AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$108,272DistributableAsAdjustedAmt
Excess Distribution Cyov Yr4$46,918ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$40,625ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$51,652ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$55,416ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$194,611TotalExcessDistributionCyovAmt
Qualifying Distributions$338,894QualifyingDistributionsAmt
Applied To Current Year$108,272AppliedToCurrentYearAmt
Remaining Distri From Corpus$230,622RemainingDistriFromCorpusAmt
Total Corpus$425,233TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$425,233ExcessDistriCyovToNextYrAmt
Excess From Year4$46,918ExcessFromYear4Amt
Excess From Year3$40,625ExcessFromYear3Amt
Excess From Year2$51,652ExcessFromYear2Amt
Excess From Year1$55,416ExcessFromYear1Amt
Excess From Current Year$230,622ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (10 entries)

Business Name Line2RecipientBusinessName/BusinessNameLine2TxtAddress Line1RecipientUSAddress/AddressLine1TxtAddress Line2RecipientUSAddress/AddressLine2TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmtRecipient RelationshipRecipientRelationshipTxt
LITTLE FLOWER CHILDRENS & FAMILY
LITTLE FLOWER CHILRENS & FAMILY SERVICES OF NY186 JORALEMON STREET186 JORALEMON STREETBROOKLYNNY11201TO PROMOTE THE CAUSE OF THE CHARITY.$81,250
SHELTERING ARMS NY
SHELTERING ARMS NY305 7TH AVENUE 2ND FLOOR305 7TH AVENUE 2ND FLOORNEW YORKNY10001TO PROMOTE THE CAUSE OF THE CHARITY.$104,470
VARIETY CHILDREN'S HOSPITAL
VARIETY CHILDER'S HOSPITAL3100 SW 62ND AVENUE3100 SW 62ND AVENUEMIAMIFL33155TO PROMOTE THE CAUSE OF THE CHARITY$95,427NONE
CENTRAL QUEENS ACADEMY
CENTRAL QUEENS ACADEMY55-30 JUCTION BLVD55-30 JUNCTION BLVDELMHURSTNY11373TO PROMOTE THE CAUSE OF THE CHARITY.$20,000NONE
MEMORIAL SLOAN KETTERING
MEMORIAL SLOAN KETTERING1275 YORK AVENUE1275 YORK AVENUENEW YORKNY10065TO PROMOTE THE CAUSE OF THE CHARITY$7,527NONE
ST JOHN'S UNIVERSITY
ST JOHN'S UNIVERSITY8000 UTOPIA PARKWAY8000 UTOPIA PARKWAYJAMAICANY11439TO PROMOTE THE CAUSE OF THE CHARITY$1,000NONE
APEX FOR YOUTH
APPEX FOR YOUTH120 WALKER ST 5TH FLOOR120 WALKER ST 5TH FLOORNEW YORKNY10013TO PROMOTE THE CAUSE OF THE CHARITY$11,220NONE
ACLU
ACLU125 BROAD STEET125 BROAD STREETNEW YORKNY10004TO PROMOTE THE CAUSE OF THE CHARITY$10,000NONE
HEAF ORG
HEAF ORG2090 ADAM CLAYTON POWELL2090 ADAM CLAYTON POWELLNEW YORKNY10027TO PROMOTE THE CAUSE OF THE CHARITY$5,000NONE
THE NIGHTLIGHT
THE NIGHTLIGHT15 BROAD STREET15 BROAD STREETAKRONOH44305TO PROMOTE THE CAUSE OF THE CHARITY$3,000NONE
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$338,894TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$3RelatedOrExemptFunctionIncmAmt

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$36,582RelatedOrExemptFunctionIncmAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$184,525RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$221,110RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$221,110TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryACCOUNTING FEESCategoryTxt
Amt$5,800Amt
Net Investment Income$5,800NetInvestmentIncomeAmt

Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch

Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp (2 entries)

AssetAssetDescAcquiredAcquiredDtHow AcquiredHowAcquiredTxtSoldSoldDtGross Sales PriceGrossSalesPriceAmtBasisBasisAmtTotal NetTotalNetAmt
MORGAN STANLEY SHORT TERM COVERED2020-01PURCHASE2020-12$38,032$42,350-$4,318
MORGAN STANLEY LONG TERM COVERED2017-01PURCHASE2020-12$408,220$219,417$188,803

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

FieldValueIRS element (for citing)
StockM STANLEY ACCT 1213 COMMON STOCKStockNm
EOY Book Value$1,738,998EOYBookValueAmt
EOYFMV$1,738,998EOYFMVAmt

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp (2 entries)

Category Or ItemCategoryOrItemTxtListed At Cost Or FMVListedAtCostOrFMVCdBook ValueBookValueAmtEOYFMVEOYFMVAmt
ETFS & CEFSFMV$112,819$112,819
MUTUAL FUNDSFMV$445,358$445,358

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail

FieldValueIRS element (for citing)
DescINCREASE IN UNREALIZED GAINSDesc
Amt$362,109Amt

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

FieldValueIRS element (for citing)
CategoryASSET MANAGEMENT FEESCategoryTxt
Amt$17,131Amt
Net Investment Income$17,131NetInvestmentIncomeAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryNYS DEPT OF LAWCategoryTxt
Amt$250Amt
Net Investment Income$250NetInvestmentIncomeAmt

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