ROBERT J NOLAN FOUNDATION INC: Form 990PF, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- ROBERT J NOLAN FOUNDATION INC (EIN 22-2826285)
- Tax period
- 2019-10-01 to 2020-09-30
- Filed
- 2021-01-25
- IRS object ID
- 202120259349100802
- Schema version
- 2019v5.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Schedule B
- Accounting Fees Schedule
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Liabilities Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2021-01-25T16:16:40-06:00 | ReturnTs |
| Tax Period End | 2020-09-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 141515307 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SEFCO CPA'S LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 16 PINE ST | AddressLine1Txt |
| City | GLENS FALLS | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 128013444 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2019-10-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 222826285 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ROBERT J NOLAN FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | ROBE | BusinessNameControlTxt |
| Phone | 5187924900 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 82 GLENWOOD AVENUE | AddressLine1Txt |
| City | QUEENSBURY | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 12804 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MICHAEL BORGOS | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 5187924900 | PhoneNum |
| Signature | 2021-01-08 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | BRIAN S FLINT CPA | PreparerPersonNm |
| PTIN | P01070105 | PTIN |
| Phone | 5187937783 | PhoneNum |
| Preparation | 2021-01-25 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2019 | 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 | $2,065,410 | 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 | $963,151 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $6,202 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $6,202 | InterestOnSavNetInvstIncmAmt |
| Interest On Savings Adj Net Incm | $6,202 | InterestOnSavingsAdjNetIncmAmt |
| Dividends Rev And Expnss | $20,513 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $20,513 | DividendsNetInvstIncmAmt |
| Dividends Adj Net Incm | $20,513 | DividendsAdjNetIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $1,526 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $246,820 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $1,526 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $945 | OtherIncomeRevAndExpnssAmt |
| Other Income Adj Net Incm | $945 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | $992,337 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $28,241 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $27,660 | TotalAdjNetIncmAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $3,500 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $3,500 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $1,375 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Chrtbl Prps | $1,375 | AccountingFeesChrtblPrpsAmt |
| Taxes Rev And Expnss | $134 | TaxesRevAndExpnssAmt |
| Taxes Dsbrs Chrtbl | $134 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $8,941 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $7,145 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $1,796 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $13,950 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $7,145 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $6,805 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $45,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $45,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $58,950 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $7,145 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $51,805 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $933,387 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $21,096 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $27,660 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $196 | CashBOYAmt |
| Cash EOY | $239 | CashEOYAmt |
| Cash EOYFMV | $239 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $29,322 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $90,336 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $90,336 | SavAndTempCashInvstEOYFMVAmt |
| Prepaid Expenses EOY | $200 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $200 | PrepaidExpensesEOYFMVAmt |
| Corporate Stock BOY | $483,705 | CorporateStockBOYAmt |
| Corporate Stock EOY | $960,899 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $1,268,936 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $294,946 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $690,362 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $705,699 | CorporateBondsEOYFMVAmt |
| Total Assets BOY | $808,169 | TotalAssetsBOYAmt |
| Total Assets EOY | $1,742,036 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $2,065,410 | TotalAssetsEOYFMVAmt |
| Other Liabilities BOY | $282 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $762 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $282 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $762 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $807,887 | RetainedEarningBOYAmt |
| Retained Earning EOY | $1,741,274 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $807,887 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $1,741,274 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $808,169 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $1,742,036 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $807,887 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $933,387 | ExcessRevenueOverExpensesAmt |
| Subtotal | $1,741,274 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $1,741,274 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (25 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|
| AIM INVT FDS INVESCO INVTFD DVLPNG | P | 2019-11-19 | $5,318 | $5,366 | -$48 | -$48 |
| DOW INC | P | 2020-06-12 | $1,093 | $1,742 | -$649 | -$649 |
| WILLIAM BLAIR SMALL CAP GROWTH FUND | P | 2019-11-19 | $5,318 | $5,425 | -$107 | -$107 |
| DUPONT DE NEMOURS INC | P | 2020-06-12 | $1,342 | $2,658 | -$1,316 | -$1,316 |
| CELGENE CORP | P | 2019-11-25 | $8,102 | $2,514 | $5,588 | $5,588 |
| OCCIDENTAL PETROLEUM CORP | P | 2022-06-10 | $2,611 | $9,813 | -$7,202 | -$7,202 |
| WILLIAM BLAIR SMALL CAP GROWTH FUND | P | 2020-01-22 | $14,907 | $14,712 | $195 | $195 |
| OTIS WORLDWIDE CORPORATION | P | 2020-05-04 | $25 | $30 | -$5 | -$5 |
| BRISTOL MEYERS SQUIBB CO. CONTINGENT | P | 2020-01-27 | $262 | $160 | $102 | $102 |
| OTIS WORLDWIDE CORPORATION | P | 2020-05-06 | $1,578 | $1,903 | -$325 | -$325 |
| JANUS ENTERPRISE | P | 2020-01-30 | $10,860 | $9,252 | $1,608 | $1,608 |
| RAYTHEON TECHNOLOGIES CORPORATION | P | 2020-04-13 | $23 | $34 | -$11 | -$11 |
| MFS INTL DIVERSIFICATION FUND | P | 2020-01-30 | $5,000 | $4,785 | $215 | $215 |
| SHELL INTERNATIONAL FIN 2.125% | P | 2020-05-11 | $15,000 | $14,985 | $15 | $15 |
| NUVEEN PREFERRED SECURITY FUND | P | 2020-03-10 | $10,125 | $10,490 | -$365 | -$365 |
| COHEN & STEERS REAL ESTATE SECURITIE | P | 2020-09-11 | $40,861 | $39,910 | $951 | $951 |
| PIMCO SHORT TERM FUND-INSTL | P | 2020-01-22 | $27,595 | $27,852 | -$257 | -$257 |
| GENERAL MOTORS CO | P | 2020-09-03 | $5,183 | $6,304 | -$1,121 | -$1,121 |
| PIMCO HIGH YIELD SPECTRUM FUND | P | 2020-03-10 | $5,063 | $5,379 | -$316 | -$316 |
| PIMCO FOREIGN BOND FUND | P | 2020-08-05 | $40,962 | $40,847 | $115 | $115 |
| VANGUARD INFLATION-PROTECTED SECURIT | P | 2020-01-22 | $7,375 | $7,085 | $290 | $290 |
| VANGUARD 500 INDEX FUND-ADM | P | 2020-02-06 | $17,976 | $15,473 | $2,503 | $2,503 |
| INVESCO OPPENHEIMER DEVELPING MARKET | P | 2020-05-26 | $13,521 | $16,322 | -$2,801 | -$2,801 |
| CARRIER GLOBAL CORPORATION | P | 2020-05-06 | $1,059 | $1,289 | -$230 | -$230 |
| CORTEVA INC | P | 2020-05-07 | $654 | $964 | -$310 | -$310 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $1,526 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $64,125 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $997,964 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.064256 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $33,997 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $1,004,580 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.033842 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $36,237 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $954,294 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.037973 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $53,256 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $898,982 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.059240 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $35,226 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $936,834 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.037601 | DistributionYr5Rt |
| Total Distribution | 0.232912 | TotalDistributionRt |
| Average Distribution | 0.046582 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $1,299,464 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $60,532 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $211 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $60,743 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $51,805 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $422 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $422 | SubtotalAmt |
| Tax Based On Investment Income | $422 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $220 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $220 | TotalPaymentsAndCreditsAmt |
| Tax Due | $202 | TaxDueAmt |
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 | NY | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | RJNOLANFOUNDATION.ORG | WebsiteAddressTxt |
| Individual With Books | MICHAEL BORGOS | IndividualWithBooksNm |
| Phone | 5187924900 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 82 GLENWOOD AVENUE | AddressLine1Txt |
| City | QUEENSBURY | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 12804 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | 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 (7 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 |
|---|---|---|---|---|---|---|---|---|
| MICHAEL BORGOS | ||||||||
| 82 GLENWOOD AVE | QUEENSBURY | NY | 12804 | PRESIDENT | 2.00 | $0 | $0 | $0 |
| KEVIN MAHONEY | ||||||||
| 15 COOPER STREET | GLENS FALLS | NY | 12801 | SECRETARY | 2.00 | $0 | $0 | $0 |
| DAVE MORNHINWEG | ||||||||
| 1011 OAKLAKE TRAIL | WATKINSVILLE | GA | 30677 | VICE PRESIDE | 2.00 | $0 | $0 | $0 |
| KATE HOGAN | ||||||||
| 14 COOLIDGE AVENUE | GLENS FALLS | NY | 12801 | DIRECTOR | 2.00 | $0 | $0 | $0 |
| JOHN C MANNIX JR | ||||||||
| 198 CHURCH STREET | SARATOGA SPRINGS | NY | 12866 | TREASURER | 2.00 | $0 | $0 | $0 |
| RICHARD MEATH | ||||||||
| 2 APPLE LANE | QUEENSBURY | NY | 12804 | DIRECTOR | 2.00 | $0 | $0 | $0 |
| LISA BUSHMAN | ||||||||
| 82 GLENWOOD AVENUE | QUEENSBURY | NY | 12804 | ADMINIST. SE | 2.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | N/A | Description1Txt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $1,242,579 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $76,674 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $1,319,253 | TotalFMVOfUnusedAssetsAmt |
| Adjusted Total FMV Of Unused Ast | $1,319,253 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $19,789 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $1,299,464 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $64,973 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $64,973 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $422 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $422 | TotalTaxAmt |
| Distributable Before Adj | $64,551 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $64,551 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $64,551 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $51,805 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $51,805 | QualifyingDistributionsAmt |
| Adjusted Qualifying Distri | $51,805 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $64,551 | DistributableAsAdjustedAmt |
| Excess Distribution Cyov Yr4 | $8,707 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr1 | $14,657 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $23,364 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $51,805 | QualifyingDistributionsAmt |
| Applied To Current Year | $51,805 | AppliedToCurrentYearAmt |
| Excess Distri Cyov App CY Corpus | $12,746 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $12,746 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $10,618 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $10,618 | ExcessDistriCyovToNextYrAmt |
| Excess From Year1 | $10,618 | ExcessFromYear1Amt |
Supplementary Information SupplementaryInformationGrp
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | THE ROBERT J NOLAN FOUNDATION INC | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | MICHAEL BORGOS 82 GLENWOOD AVENUE | AddressLine1Txt |
| City | QUEENSBURY | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 12804 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 5187924900 | RecipientPhoneNum |
| Form And Info And Materials | EACH STUDENT WILL SUBMIT AN APPLICATION FOR CONSIDERATION. THE APPLICATION REQUESTS INFORMATION ON THE FOLLOWING AREAS: 1.EDUCATIONAL ACHIEVEMENT; 2. PARTICIPATION IN HIGH SCHOOL VARSITY ATHLETIC TEAMS; 3. EXTRACURRICULAR SCHOOL-RELATED ACTIVITIES; 4. CIVIC ACTIVITIES; 5. RELIGIOUS ORGANIZATION PARTICIPATION AND 6. FINANCIAL NEED. THE DIRECTORS WOULD USE THE INFORMATION FROM THE APPLICATION TO SELECT RECIPIENTS. | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | ALL APPLICATIONS ARE DUE BY MAY 15. THE FOUNDATION WILL PUBLICIZE THE EXISTENCE OF THE SCHOLARSHIP P | SubmissionDeadlinesTxt |
| Restrictions On Awards | THE ROBERT J NOLAN FOUNDATION, INC. WILL AWARD SCHOLARSHIPS TO INDIVIDUALS ATTENDING SECONDARY SCHOOLS WHO ARE FROM THE GREATER GLENS FALLS AREA. SCHOLARSHIPS ARE AWARDED TO THE WELL-BALANCED STUDENT WITH A SPECIAL EMPHASIS ON PARTICIPATION IN VARSITY ATHLETIC TEAMS AND THE EXPRESSED INTENTION OF PARTICIPATION IN ORGANIZED ATHLETIC TEAMS AND ENDEAVORS AT THE UNDERGRADUATE AND/OR GRADUATE LEVEL. | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (12 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| HAYLEY BREEYEAR | ||||||
| 6 SHERWOOD DRIVE | QUEENSBURY | NY | 12804 | NONE | SCHOLARSHIP | $2,500 |
| MIA COTE | ||||||
| 1 FAXON ST | GLENS FALLS | NY | 12801 | NONE | SCHOLARSHIP | $5,000 |
| HANNAH MAGER | ||||||
| 34 COLLETTE LANE | HUDSON FALLS | NY | 12839 | NONE | SCHOLARSHIP | $2,500 |
| LAUREN HAUSER | ||||||
| 22 LOGAN AVE APT B | GLENS FALLS | NY | 12801 | NONE | SCHOLARSHIP | $5,000 |
| CODY YORK | ||||||
| 91 YORK RD | CORINTH | NY | 12822 | NONE | SCHOLARSHIP | $5,000 |
| BRIAN BEYERBACH | ||||||
| 6 SHERWOOD DRIVE | QIEENSBURY | NY | 12804 | NONE | SCHOLARSHIP | $5,000 |
| MACKENZIE COLLIER | ||||||
| 523 SELFRIDGE ROAD | GANSEVOORT | NY | 12831 | NONE | SCHOLARSHIP | $5,000 |
| BRANDON BONDY | ||||||
| 65 SARA JEN DR | QUEENSBURY | NY | 12804 | NONE | SCHOLARSHIP | $5,000 |
| GABRIELLA MARCHELLO | ||||||
| 41 DIESKAU STREET | LAKE GEORGE | NY | 12845 | NONE | SCHOLARSHIP | $2,500 |
| AARON MESSINA | ||||||
| 37 EDGEWOOD DRIVE | QUEENSBURY | NY | 12804 | NONE | SCHOLARSHIP | $2,500 |
| LEA RICHARD | ||||||
| 422 BROWNVILLE ROAD | GANSEVOORT | NY | 12831 | NONE | SCHOLARSHIP | $2,500 |
| LANNING TOREBKA | ||||||
| 13 CLARK STREET | SOUTH GLENS FALLS | NY | 12803 | NONE | SCHOLARSHIP | $2,500 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $45,000 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $6,202 | RelatedOrExemptFunctionIncmAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $20,513 | RelatedOrExemptFunctionIncmAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $1,526 | RelatedOrExemptFunctionIncmAmt |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | FEDERAL 990-PF REFUND | Desc |
| Related Or Exempt Function Incm | $945 | RelatedOrExemptFunctionIncmAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $29,186 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $29,186 | TotalIncomeProducingActyAmt |
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp (3 entries)
| Line NumberLineNumberTxt | Relationship StatementRelationshipStatementTxt |
|---|---|
| 3 | THE ROBERT J. NOLAN FOUNDATION, INC. WAS FORMED ON |
| 4 | DECEMBER 18, 1986 FOR THE PURPOSE OF DISBURSING |
| 8 | EDUCATIONAL ASSISTANCE TO GRADUATE AND UNDERGRADUATE STUDENTS FROM THE GREATER GLENS FALLS AREA. THE RECIPIENTS MUST BE QUALIFIED IN THE FOLLOWING AREAS: EDUCATIONAL ACHIEVEMENT; PARTICIPATION IN HIGH SCHOOL VARSITY TEAMS; EXTRA-CURRICULAR SCHOOL-RELATED ACTIVITIES; RELIGIOUS ORGANIZATION PARTICIPATION AND FINANCIAL NEED. ROBERT J. NOLAN MADE A GIFT OF STOCK IN A NEW YORK CORPORATION, COLONIAL CABLEVISION, INC., WHICH STOCK WAS VALUED AT AND WAS SOLD FOR 1,000,000.00. NO OTHER FINANCIAL SUPPORT FOR THE FOUNDATION EXISTS. |
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 | SUZANNE NOLAN | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1016 OLIVIA PKWY | AddressLine1Txt |
| City | HENDERSON | CityNm |
| State Abbreviation | NV | StateAbbreviationCd |
| ZIP | 89011 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $963,151 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | FEES PAID FOR PREPARATION OF 990 | CategoryTxt |
| Amt | $1,375 | Amt |
| Disbursements Charitable Prps | $1,375 | DisbursementsCharitablePrpsAmt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY Book Value | $690,362 | EOYBookValueAmt |
| EOYFMV | $705,699 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY Book Value | $960,899 | EOYBookValueAmt |
| EOYFMV | $1,268,936 | EOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (6 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| EXPENSES | |||
| BANK INVESTMENT FEES | $7,145 | $7,145 | |
| FILING FEES | $250 | $250 | |
| INSURANCE | $1,196 | $1,196 | |
| OFFICE EXPENSE | $110 | $110 | |
| ADVERTISING | $240 | $240 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | FEDERAL 990-PF REFUND | Desc |
| Revenue And Expenses Per Books | $945 | RevenueAndExpensesPerBooksAmt |
| Adjusted Net Income | $945 | AdjustedNetIncomeAmt |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PAYROLL LIABILITIES | Desc |
| BOY Book Value | $282 | BOYBookValueAmt |
| EOY Book Value | $762 | EOYBookValueAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | PAYROLL TAXES | CategoryTxt |
| Amt | $134 | Amt |
| Disbursements Charitable Prps | $134 | DisbursementsCharitablePrpsAmt |
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