PB&J FOUNDATION INC: Form 990PF, tax year 2020

View the entire original 990 at ProPublica ↗

Organization
PB&J FOUNDATION INC (EIN 83-2215647)
Tax period
2020-01-01 to 2020-12-31
Filed
2021-08-13
IRS object ID
202122259349100512
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)
Return2021-08-13T09:11:08-07:00ReturnTs
Tax Period End2020-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN200268717PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1FUOCO GROUP LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1120 WHITE PLAINS ROAD STE 315AddressLine1Txt
CityTARRYTOWNCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10591ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2020-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN832215647EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1PB&J FOUNDATION INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlPB&JBusinessNameControlTxt
Phone9176481059PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1262 GARFIELD PLACEAddressLine1Txt
CityBROOKLYNCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11215ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJOHN TOUHEYPersonNm
Person TitlePresidentPersonTitleTxt
Signature2021-07-14SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstJOHNPersonFirstNm
Person LastTOUHEYPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonBRIAN HENRYPreparerPersonNm
PTINP00361827PTIN
Phone9149993230PhoneNum

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer2TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
Federated Assurance LevelFAL1FederatedAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2020TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Initial ReturnYes (X)InitialReturnInd
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$0FMVAssetsEOYAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$80,000ContriRcvdRevAndExpnssAmt
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Dividends Rev And Expnss$6,051DividendsRevAndExpnssAmt
Dividends Net Invst Incm$6,051DividendsNetInvstIncmAmt
Dividends Adj Net Incm$6,051DividendsAdjNetIncmAmt
Net Gain Sale Ast Rev And Expnss$16,977NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$16,977GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$16,977CapGainNetIncmNetInvstIncmAmt
Net ST Capital Gain Adj Net Incm$16,977NetSTCapitalGainAdjNetIncmAmt
Total Rev And Expnss$103,028TotalRevAndExpnssAmt
Total Net Invst Incm$23,028TotalNetInvstIncmAmt
Total Adj Net Incm$23,028TotalAdjNetIncmAmt
Taxes Rev And Expnss$523TaxesRevAndExpnssAmt
Other Expenses Rev And Expnss$7,250OtherExpensesRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss$7,773TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$30,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$30,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$37,773TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$30,000TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$65,255ExcessRevenueOverExpensesAmt
Net Investment Income$23,028NetInvestmentIncomeAmt
Adjusted Net Income$23,028AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$10,149CashBOYAmt
Cash EOY$9,772CashEOYAmt
Sav And Temp Cash Invst BOY$30,359SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$28,035SavAndTempCashInvstEOYAmt
Other Investments BOY$553,830OtherInvestmentsBOYAmt
Other Investments EOY$764,493OtherInvestmentsEOYAmt
Total Assets BOY$594,338TotalAssetsBOYAmt
Total Assets EOY$802,300TotalAssetsEOYAmt
Total Assets EOYFMV$0TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY$594,338NoDonorRstrNetAssestsBOYAmt
Tot Net Ast Or Fund Balances BOY$594,338TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$802,300TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$594,338TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$802,300TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$594,338TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$65,255ExcessRevenueOverExpensesAmt
Other Increases$142,707OtherIncreasesAmt
Subtotal$802,300SubtotalAmt
Tot Net Ast Or Fund Balances EOY$802,300TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)

PropertyPropertyDescHow AcquiredHowAcquiredCdGross Sales PriceGrossSalesPriceAmtGain Or LossGainOrLossAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
1st Manhattan InvestmentsP$5,893$5,893$5,893
Curran InvestmentP$11,084$11,084$11,084
FieldValueIRS element (for citing)
Capital Gain Net Income$16,977CapitalGainNetIncomeAmt
Net Short Term Capital Gain Loss$16,977NetShortTermCapitalGainLossAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$320InvestmentIncomeExciseTaxAmt
Subtotal$320SubtotalAmt
Tax Based On Investment Income$320TaxBasedOnInvestmentIncomeAmt
Tax Due$320TaxDueAmt

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 SatisfiedfalseSection508eRqrSatisfiedInd
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

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1JOHN TOUHEYBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone9176481059PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1262 GARFIELD PLACEAddressLine1Txt
CityBROOKLYNCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11215ZIPCd
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
Acts Fail To Qlfy As ExceptionsfalseActsFailToQlfyAsExceptionsInd
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
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 (4 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmt
JOHN TOUHEY
262 GARFIELD PLACEBROOKLYNNY11215President5.00$0
PATRICIA LOWRY
262 GARFIELD PLACEBROOKLYNNY11215Vice President0.00$0
COLIN TOUHEY
262 GARFIELD PLACEBROOKLYNNY11215Director0.00$0
EVAN TOUHEY
262 GARFIELD PLACEBROOKLYNNY11215Director0.00$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$659,003AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$10,175AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$669,178TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$669,178AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$10,038CashDeemedCharitableAmt
Net Vl Noncharitable Assets$659,140NetVlNoncharitableAssetsAmt
Minimum Investment Return$32,957MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$32,957MinimumInvestmentReturnAmt
Tax Based On Investment Income$320TaxBasedOnInvestmentIncomeAmt
Total Tax$320TotalTaxAmt
Distributable Before Adj$32,637DistributableBeforeAdjAmt
Distributable Before Ded$32,637DistributableBeforeDedAmt
Distributable As Adjusted$32,637DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$30,000ExpensesAndContributionsAmt
Qualifying Distributions$30,000QualifyingDistributionsAmt
Adjusted Qualifying Distri$30,000AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$32,637DistributableAsAdjustedAmt
Excess Distribution Cyov Yr1$19,000ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$19,000TotalExcessDistributionCyovAmt
Qualifying Distributions$30,000QualifyingDistributionsAmt
Treated As Distri From Corpus$30,000TreatedAsDistriFromCorpusAmt
Excess Distri Cyov App CY Corpus$19,000ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY$19,000ExcessDistributionCyovAppCYAmt
Total Corpus$30,000TotalCorpusAmt
Undistributed Income CY$13,637UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$30,000ExcessDistriCyovToNextYrAmt
Excess From Current Year$30,000ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

Application Submission Info ApplicationSubmissionInfoGrp

FieldValueIRS element (for citing)
Recipient PersonJOHN TOUHEYRecipientPersonNm

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line1262 GARFIELD PLACEAddressLine1Txt
CityBROOKLYNCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11215ZIPCd
FieldValueIRS element (for citing)
Recipient Phone9176481059RecipientPhoneNum
Recipient Email AddressJOHNJ2E@GMAIL.COMRecipientEmailAddressTxt
Form And Info And MaterialsINQUIRY WITH MANAGEMENTFormAndInfoAndMaterialsTxt
Submission DeadlinesN/ASubmissionDeadlinesTxt
Restrictions On AwardsN/ARestrictionsOnAwardsTxt

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (9 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
New Suffolk Waterfront Fund
PO BOX 146NEW SUFFOLKNY11956EOFGENERAL DONATION$15,000
THE SALVATION ARMY
200 TWINS OAKS DRIVE PO BOX 148SYRACUSENY13206EOFGENERAL DONATION$1,000
KNICKERBOCKER TENNIS FOUNDATION
359 11TH STREETBROOKLYNNY11215EOFGENERAL DONATION$2,000
PROSPECT PARK ALLIANCE
95 PROSPECT PARK WESTBROOKLYNNY11215GENERAL DONATION$5,000
GROUP FOR THE EAST END
PO BOX 1792SOUTHHOLDNY11791POFGENERAL DONATION$1,000
CENTER FOR LAW AND JUSTICE
2 Pine West PlazaALBANYNY12205POFGENERAL DONATION$2,000
CASES
151 LAWRENCE STREETBROOKLYNNY11201POFGENERAL DONATION$1,000
PEOPLE IN NEED
1164 MILLERS LANE SUITE AVIRGINIA BEACHVA23451POFGENERAL DONATION$1,000
TO LOVE A CHILD
PO BOX 165CLIFTON PARKNY12065EOFGENERAL DONATION$2,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$30,000TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$6,051RelatedOrExemptFunctionIncmAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$16,977RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$23,028RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$23,028TotalIncomeProducingActyAmt

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

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp

FieldValueIRS element (for citing)
DescBROKERAGE FEESDesc
Revenue And Expenses Per Books$7,250RevenueAndExpensesPerBooksAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

CategoryCategoryTxtAmtAmt
Corporate taxes$377
Foreign Taxes$146

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