FLORENCE FORGOTSON PRIVATE FOUNDATION INC: Form 990PF, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- FLORENCE FORGOTSON PRIVATE FOUNDATION INC (EIN 20-0857287)
- Tax period
- 2020-01-01 to 2020-12-31
- Filed
- 2021-11-14
- IRS object ID
- 202113189349100136
- 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
- Depreciation Schedule
- General Explanation Attachment
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Other Expenses Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2021-11-14T20:03:31-06:00 | ReturnTs |
| Tax Period End | 2020-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FOUNDATION SOURCE | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | ONE HOLLOW LN STE 212 | AddressLine1Txt |
| City | LAKE SUCCESS | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 11042 | 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 | 200857287 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Florence Forgotson Charitable Foundation | BusinessNameLine1Txt |
| Business Name Line2 | Inc | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % Foundation Source | InCareOfNm |
| Business Name Control | FLOR | BusinessNameControlTxt |
| Phone | 8008391754 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | Foundation Source 501 Silverside Rd | AddressLine1Txt |
| City | Wilmington | CityNm |
| State Abbreviation | DE | StateAbbreviationCd |
| ZIP | 198091377 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | CAROL A HINZ | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 8008391754 | PhoneNum |
| Signature | 2021-11-11 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | CAROL A | PersonFirstNm |
| Person Last | HINZ | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Jeffrey D Haskell | PreparerPersonNm |
| PTIN | P01345770 | PTIN |
| Phone | 8008391754 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | TrustedCustomerGrp |
| 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 | $3,854,207 | 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 | $973 | ContriRcvdRevAndExpnssAmt |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $2,363 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $2,363 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $210,468 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $210,435 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | -$64,705 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $6,380,112 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $0 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $149,099 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $212,798 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $132,240 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $62,240 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $70,000 | CompOfcrDirTrstDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $12,854 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Net Invst Incm | $6,130 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $6,724 | PensionEmplBnftDsbrsChrtblAmt |
| Interest Rev And Expnss | $1,209 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $1,143 | InterestNetInvstIncmAmt |
| Taxes Rev And Expnss | $3,870 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $28 | TaxesNetInvstIncmAmt |
| Other Expenses Rev And Expnss | $27,258 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $199 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $27,058 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $177,431 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $69,740 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $103,782 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $70,250 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $70,250 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $247,681 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $69,740 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $174,032 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$98,582 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $143,058 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $1,440,577 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $272,717 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $272,717 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $2,575,808 | CorporateStockBOYAmt |
| Corporate Stock EOY | $3,623,430 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $3,581,490 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $13,605 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $13,605 | CorporateBondsEOYAmt |
| Total Assets BOY | $4,029,990 | TotalAssetsBOYAmt |
| Total Assets EOY | $3,909,752 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $3,854,207 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $21,656 | AccountsPayableBOYAmt |
| Total Liabilities BOY | $21,656 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $4,008,334 | RetainedEarningBOYAmt |
| Retained Earning EOY | $3,909,752 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $4,008,334 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $3,909,752 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $4,029,990 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $3,909,752 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $4,008,334 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$98,582 | ExcessRevenueOverExpensesAmt |
| Subtotal | $3,909,752 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $3,909,752 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)
| PropertyPropertyDesc | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|
| Publicly-traded Securities | $6,374,920 | $6,439,625 | -$64,705 | -$64,705 |
| ALLOCATED TO UBTI - ACQUISITION INDEBTED | $5,192 | $5,192 | $5,192 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -$59,513 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $1,989 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $1,989 | SubtotalAmt |
| Tax Based On Investment Income | $1,989 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $3,500 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Total Payments And Credits | $3,500 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Overpayment | $1,511 | OverpaymentAmt |
| Applied To ES Tax | $1,511 | 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 | DE | OrgReportOrRegisterStateCd |
| Org Report Or Register State | NJ | 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 |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Foundation Source | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8008391754 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 501 Silverside Road Suite 123 | AddressLine1Txt |
| City | Wilmington | CityNm |
| State Abbreviation | DE | StateAbbreviationCd |
| ZIP | 198091377 | 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 | Yes (true) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| 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 | 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 |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | 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 |
|---|---|---|---|---|---|---|---|---|
| Lynn Cole | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Dir, VP | 25.0 | $62,240 | $0 | $0 |
| Carol Ann Hinz | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Dir, Pres, Sec | 25.0 | $70,000 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Summary Of Direct Chrtbl Acty | SummaryOfDirectChrtblActyGrp | |
| Sum Of Program Related Invst | SumOfProgramRelatedInvstGrp |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $3,411,575 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $160,135 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $3,571,710 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $11,055 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $3,560,655 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $53,410 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $3,507,245 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $175,362 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $175,362 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $1,989 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $1,989 | TotalTaxAmt |
| Distributable Before Adj | $173,373 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $173,373 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $173,373 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $174,032 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $0 | CharitableAssetsAcquisPaidAmt |
| Set Aside Suitability Test | $0 | SetAsideSuitabilityTestAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $174,032 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $174,032 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $173,373 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $159,741 | UndistributedIncomePYAmt |
| Prior Year1 | 2018 | PriorYear1Yr |
| Prior Year2 | 2017 | PriorYear2Yr |
| Prior Year3 | 2016 | PriorYear3Yr |
| Qualifying Distributions | $174,032 | QualifyingDistributionsAmt |
| Applied To Year1 | $159,741 | AppliedToYear1Amt |
| Applied To Current Year | $14,291 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Total Corpus | $0 | TotalCorpusAmt |
| Undistributed Income CY | $159,082 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $0 | ExcessDistriCyovToNextYrAmt |
| Excess From Current Year | $0 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | NONE | ContributingManagerNm |
| Shareholder Manager | NONE | ShareholderManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (17 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| 180 TURNING LIVES AROUND INC | |||||||
| 1 BETHANY RD BLDG 3 STE 42 | HAZLET | NJ | 07730 | N/A | PC | General & Unrestricted | $1,000 |
| AMERICAN RED CROSS - JERSEY COAST CHAPTER | |||||||
| 1540 W PARK AVE | TINTON FALLS | NJ | 07724 | N/A | PC | General & Unrestricted | $2,500 |
| CLARK SUMMIT UNIVERSITY | |||||||
| 538 VENARD RD | SOUTH ABINGTON TOWNSHI | PA | 18411 | N/A | PC | General & Unrestricted | $5,000 |
| EASTERN MONMOUTH AREA CHAMBER OF COMMERCE EDUCATIO | |||||||
| 8 RECKLESS PL NO 1 | RED BANK | NJ | 07701 | N/A | PC | General & Unrestricted | $10,000 |
| FAITH KITCHEN | |||||||
| 123 E BLACKWELL ST | DOVER | NJ | 07801 | N/A | PC | General & Unrestricted | $3,000 |
| FEEDING AMERICA | |||||||
| 161 N CLARK ST STE 700 | CHICAGO | IL | 60601 | N/A | PC | General & Unrestricted | $1,250 |
| FELLOWSHIP OF CHRISTIAN ATHLETES | |||||||
| 8701 LEEDS RD | KANSAS CITY | MO | 64129 | N/A | PC | General & Unrestricted | $5,000 |
| FOODBANK OF MONMOUTH AND OCEAN COUNTIES INC | |||||||
| 3300 RTE 66 | NEPTUNE | NJ | 07753 | N/A | PC | General & Unrestricted | $1,250 |
| HOMES FOR OUR TROOPS INC | |||||||
| 6 MAIN ST | TAUNTON | MA | 02780 | N/A | PC | General & Unrestricted | $5,000 |
| LIGHTHOUSE PREGNANCY RESOURCE CENTER INC | |||||||
| 2025 HAMBURG TPKE STE L | WAYNE | NJ | 07470 | N/A | PC | General & Unrestricted | $5,000 |
| LIQUID CHURCH | |||||||
| 299 WEBRO RD | PARSIPPANY | NJ | 07054 | N/A | PC | Charitable Event | $5,000 |
| LUNCH BREAK | |||||||
| PO BOX 2215 | RED BANK | NJ | 07701 | N/A | PC | General & Unrestricted | $1,000 |
| MAKE A WISH FOUNDATION OF NEW JERSEY | |||||||
| 1347 PERRINEVILLE RD | MONROE TOWNSHIP | NJ | 08831 | N/A | PC | General & Unrestricted | $10,500 |
| MARKET STREET MISSION INC | |||||||
| 9 MARKET ST | MORRISTOWN | NJ | 07960 | N/A | PC | General & Unrestricted | $3,000 |
| RED BANK CHARTER SCHOOL FOUNDATION INC | |||||||
| 68 WHITE ST | RED BANK | NJ | 07701 | N/A | PC | gymnasium fund | $10,000 |
| SMILE TRAIN INC | |||||||
| PO BOX 96231 | WASHINGTON | DC | 20090 | N/A | PC | General & Unrestricted | $1,250 |
| ST JUDE CHILDRENS RESEARCH HOSPITAL INC | |||||||
| 501 ST JUDE PL | MEMPHIS | TN | 38105 | N/A | PC | General & Unrestricted | $500 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $70,250 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fees Contracts From Govt Ag | FeesContractsFromGovtAgGrp | |
| Membership Dues And Assmnt | MembershipDuesAndAssmntGrp |
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $2,363 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business | 901101 | BusinessCd |
| Unrelated Business Taxbl Incm | $33 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | 14 | ExclusionCd |
| Exclusion | $210,435 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Rntl Incm Re Debt Fincd Prop | NetRntlIncmReDebtFincdPropGrp | |
| Net Rntl Incm Re Not Debt Fincd Prop | NetRntlIncmReNotDebtFincdProp | |
| Net Rental Income Personal Prop | NetRentalIncomePersonalPropGrp | |
| Other Investment Incm Part VII | OtherInvestmentIncmPartVIIGrp |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business | 901101 | BusinessCd |
| Unrelated Business Taxbl Incm | -$5,192 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | 18 | ExclusionCd |
| Exclusion | -$59,513 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | -$5,159 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $153,285 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $148,126 | 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 |
Depreciation Schedule DepreciationSchedule
General Explanation Attachment GeneralExplanationAttachment
General Explanation GeneralExplanationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Part I Line 6a | IdentifierTxt |
| Form And Line Reference | PART I LINE 6A | FormAndLineReferenceDesc |
| Medium Explanation | RECONCILIATION OF NET GAIN/(LOSS) FROM SALES OF ASSETS NOT INCLUDED IN PART IV TOTAL INCLUDED IN PART IV: (DETAILS BELOW) NET GAIN/(LOSS): $(59,513) ALLOCATED TO UBTI - ACQUISITION INDEBTEDNESS NET GAIN/(LOSS): $(5,192) TOTAL PART I, LINE 6A: $(64,705) DETAILS OF ASSETS INCLUDED IN PART IV: PUBLICLY-TRADED SECURITIES GROSS SALES PRICE: $6,374,920 BOOK BASIS: $6,439,625 NET GAIN/(LOSS): $(64,705) ALLOCATED TO UBTI - ACQUISITION INDEBTEDNESS NET GAIN/(LOSS): $5,192 | MediumExplanationTxt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | SEA CONTAINERS LTD - 3.500% - | BondNm |
| EOY Book Value | $13,605 | EOYBookValueAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (47 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| AAPL CALL-$120.00-1/15/21 | $1,012 | $2,638 |
| AGNC INV CORP 6.125% PFD | $62,500 | $59,725 |
| AMAZONAS FLORESTAL | $845 | $120 |
| AMD CALL-$97.50-1/15/21 | $3,254 | $992 |
| ATLANTIC UN BANKSHARES 6.875% | $50,000 | $55,400 |
| BARCLAYS SXSE SPX 3/19/2025 | $160,000 | $157,920 |
| BOFA FINANCE LLC TA-CYN IWM XL | $50,000 | $49,150 |
| BOFA FINANCE LLC TA-CYN RTY SP | $100,000 | $98,100 |
| CALL AZN- $60.00-1/15/21 | $1,331 | $30 |
| CITIGROUP GLOBAL CYN QQQ 12/14 | $50,000 | $49,700 |
| CITIGROUP GLOBAL CYN SPX | $50,000 | $48,800 |
| CITIGROUP GLOBAL MARKETS TA-CY | $250,000 | $254,750 |
| CITIGROUP GLOBAL RTY UKX | $125,000 | $120,250 |
| DIA CALL-$300.00-12/31/20 | $1,001 | $1,158 |
| DIS CALL-$175.00-1/15/21 | $1,792 | $2,498 |
| DKNG CALL-$60.00-2/19/21 | $1,412 | $413 |
| FB CALL-$295.00-1/15/21 | $2,944 | $490 |
| GOLDMAN SACHS SXSE RTY | $200,000 | $201,800 |
| GRAYSCALE BITCOIN TR BTC SHS A | $32,463 | $131,200 |
| GS FIN CORP RTY 02/20/2030 | $300,000 | $277,200 |
| GS FINANCE CORP L/O TA-CYN NDX | $200,000 | $204,600 |
| GS FINANCE CORP NDX RTY 12/19/ | $125,000 | $124,250 |
| HEMP | $72,229 | $840 |
| KALYTERA THERAPEUTICS | $995 | $10 |
| KLEANGAS ENERGY TECHNOLOGIES | $105 | $50 |
| KNOW LABS INC COM | $1,845 | $2,290 |
| MEDICAL MARIJUANA | $2,628 | $448 |
| MFA FINANCIAL INC 6.500 PREF | $62,500 | $52,300 |
| MORGAN STANLEY FINANCE RTY SX5 | $300,000 | $283,049 |
| MORGAN STANLEY TA-CYN INDU NDX | $50,000 | $49,975 |
| MORGAN STANLEY TA-CYN MID NDX | $100,000 | $99,650 |
| MORGAN STANLEY FIN L/O TA-CYN | $400,000 | $376,199 |
| MSFT CALL-$220.00-1/15/21 | $2,136 | $2,291 |
| NEW RESIDENTIAL INVT - 6.375 P | $250,000 | $212,300 |
| PENN CALL-$80.00-12/31/20 | $593 | $1,274 |
| PYPL CALL-$210.00-1/15/21 | $2,360 | $10,048 |
| QCOM CALL-$150.00-1/15/21 | $1,622 | $1,626 |
| REGEN BIOPHARMA | $2,615 | $75 |
| RIVERNORTH DOUBLELINE STRAT OP | $125,000 | $124,900 |
| SECURE TECHNOLOGIES GROUP | ||
| SHARESPOST 100 FUND CLASS A | $102,758 | $144,873 |
| SPY CALL-$372.50-1/8/21 | $1,229 | $1,415 |
| UBS AG TA-CYN NDX RTY 12/21/23 | $50,000 | $49,200 |
| UBS AG TA-CYN QQQ 12/29/23 | $200,000 | $197,800 |
| UNITED STATES CELLULAR CORP | $62,500 | $63,025 |
| US CELLULAR CORP 6.250% PFD DU | $62,500 | $66,375 |
| WMT CALL-$150.00-1/15/21 | $1,261 | $293 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| Administrative Fees | $27,000 | $27,000 | |
| BANK CHARGES | $200 | $199 | |
| State or Local Filing Fees | $58 | $58 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| 990-PF Estimated Tax for 2020 | $3,500 | |
| 990-PF Extension for 2019 | $340 | |
| FOREIGN TAX | $30 | $28 |
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