POSOLI FAMILY FOUNDATION: Form 990PF, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- POSOLI FAMILY FOUNDATION (EIN 45-6211344)
- Tax period
- 2020-01-01 to 2020-12-31
- Filed
- 2021-10-04
- IRS object ID
- 202122779349100217
- 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 Other Schedule2
- Other Expenses Schedule
- Substantial Contributors Sch
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2021-10-04T12:22:45-05:00 | ReturnTs |
| Tax Period End | 2020-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 721396621 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CARR RIGGS & INGRAM LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | TWO RIVERWAY 15TH FLOOR | AddressLine1Txt |
| City | HOUSTON | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 77056 | 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 | 456211344 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | POSOLI FAMILY FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | POSO | BusinessNameControlTxt |
| Phone | 7136646431 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5311 VALERIE STREET | AddressLine1Txt |
| City | BELLAIRE | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 77401 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | PAUL POSOLI | PersonNm |
| Person Title | DIRECTOR | PersonTitleTxt |
| Phone | 7136646431 | PhoneNum |
| Signature | 2021-10-04 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | PAUL | PersonFirstNm |
| Person Last | POSOLI | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | ANNA JOHNSON | PreparerPersonNm |
| PTIN | P00117479 | PTIN |
| Phone | 7136218090 | PhoneNum |
| Preparation | 2021-09-18 | PreparationDt |
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 | $5,803,126 | 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 | $230,000 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $249 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $249 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $103,005 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $103,005 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $498,428 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $4,882,276 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $498,428 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $831,682 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $601,682 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $0 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Adj Net Incm | $0 | CompOfcrDirTrstAdjNetIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Taxes Rev And Expnss | $1,613 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $1,613 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $0 | TaxesAdjNetIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $22,406 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $20,606 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $0 | OtherExpensesAdjNetIncmAmt |
| Other Expenses Dsbrs Chrtbl | $0 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $24,019 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $22,219 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $234,286 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $234,286 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $258,305 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $22,219 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $234,286 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $573,377 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $579,463 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $196,460 | CashBOYAmt |
| Cash EOY | $240,180 | CashEOYAmt |
| Cash EOYFMV | $240,180 | CashEOYFMVAmt |
| Other Investments BOY | $4,980,151 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $5,509,808 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $5,562,946 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $5,176,611 | TotalAssetsBOYAmt |
| Total Assets EOY | $5,749,988 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $5,803,126 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $5,176,611 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $5,749,988 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $5,176,611 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $5,749,988 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $5,176,611 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $5,749,988 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $5,176,611 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $573,377 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $5,749,988 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $5,749,988 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (14 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|
| L/T - BERNSTIEN - 9692 | 2013-05-07 | 2020-10-21 | $59 | $73 | -$14 | -$14 |
| S/T - BERNSTIEN - 4665 | 2020-01-01 | 2020-12-31 | $551,839 | $471,196 | $80,643 | $80,643 |
| L/T - BERNSTIEN - 4665 | 2020-01-01 | 2020-12-31 | $923,236 | $658,183 | $265,053 | $265,053 |
| 8 SHARES OF JP MORGAN CHASE & CO | 1950-01-01 | 2020-01-03 | $1,109 | $485 | $624 | $624 |
| 4 SHARES OF JP MORGAN CHASE & CO | 1950-01-01 | 2020-01-17 | $551 | $242 | $309 | $309 |
| 18 SHARES OF JP MORGAN CHASE & CO | 1950-01-01 | 2020-04-29 | $1,765 | $1,091 | $674 | $674 |
| 66 SHARES OF JP MORGAN CHASE & CO | 1950-01-01 | 2020-05-15 | $5,681 | $4,000 | $1,681 | $1,681 |
| 51 SHARES OF JP MORGAN CHASE & CO | 1950-01-01 | 2020-05-18 | $4,528 | $3,091 | $1,437 | $1,437 |
| BERNSTEIN - CASH IN LIEU SALES | 2020-01-01 | 2020-05-04 | $4 | $4 | $4 | |
| S/T - BERNSTIEN - 5129 | 2020-01-01 | 2020-12-31 | $138,293 | $134,319 | $3,974 | $3,974 |
| L/T - BERNSTIEN - 5129 | 2020-01-01 | 2020-12-31 | $1,057,339 | $981,142 | $76,197 | $76,197 |
| S/T - BERNSTIEN - 3718 | 2020-01-01 | 2020-12-31 | $457,253 | $426,007 | $31,246 | $31,246 |
| L/T - BERNSTIEN - 3718 | 2020-01-01 | 2020-12-31 | $1,735,810 | $1,701,110 | $34,700 | $34,700 |
| 48 SHARES OF JP MORGAN CHASE & CO | 1950-01-01 | 2020-08-31 | $4,809 | $2,909 | $1,900 | $1,900 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $498,428 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $8,055 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $8,055 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $8,055 | 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 |
| Es Penalty | $129 | EsPenaltyAmt |
| Tax Due | $8,184 | 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 | TX | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | Yes (1) | 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 | PAUL JOSEPH POSOLI | IndividualWithBooksNm |
| Phone | 7136646431 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5311 VALERIE ST | AddressLine1Txt |
| City | BELLAIRE | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 77401 | 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 |
|---|---|---|---|---|---|---|---|---|
| PAUL JOSEPH POSOLI | ||||||||
| 5311 VALERIE STREET | BELLAIRE | TX | 77401 | PRESIDENT | 5.00 | $0 | $0 | $0 |
| JOY MICHELLE POSOLI | ||||||||
| 5311 VALERIE STREET | BELLAIRE | TX | 77401 | VICE-PRESIDENT | 5.00 | $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 |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | FUNDING OF CHARITABLE, RELIGIOUS, SCIENTIFIC, LITERARY, AND EDUCATIONAL PROGRAMS. | Description1Txt |
| Expenses1 | $87,372 | Expenses1Amt |
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 | $4,794,755 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $208,617 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $5,003,372 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $5,003,372 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $75,051 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $4,928,321 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $246,416 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $246,416 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $8,055 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $8,055 | TotalTaxAmt |
| Distributable Before Adj | $238,361 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $238,361 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $238,361 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $234,286 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $234,286 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $234,286 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $238,361 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr2 | $21,385 | ExcessDistributionCyovYr2Amt |
| Total Excess Distribution Cyov | $21,385 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $234,286 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $234,286 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $4,075 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $4,075 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $17,310 | 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 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $17,310 | ExcessDistriCyovToNextYrAmt |
| Excess From Year2 | $17,310 | ExcessFromYear2Amt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | PAUL JOSEPH POSOLI | ContributingManagerNm |
| Contributing Manager | JOY MICHELLE POSOLI | ContributingManagerNm |
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | PAUL JOSEPH POSOLI | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5311 VALERIE STREET | AddressLine1Txt |
| City | BELLAIRE | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 77401 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 7136646431 | RecipientPhoneNum |
| Form And Info And Materials | N/A | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | N/A | SubmissionDeadlinesTxt |
| Restrictions On Awards | NONE | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (46 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line2RecipientUSAddress/AddressLine2Txt | Address Line1RecipientForeignAddress/AddressLine1Txt | CityRecipientForeignAddress/CityNm | Province Or StateRecipientForeignAddress/ProvinceOrStateNm | CountryRecipientForeignAddress/CountryCd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ANNUNCIATION ORTHODOX SCHOOL | ||||||||||||
| 3600 YOAKUM BLVD | HOUSTON | TX | 77006 | NONE | EDUCATIONAL INSTITUI | FOR GENERAL PURPOSES | $500 | |||||
| BIG DREAMS CHILDREN'S FOUNDATION INC | ||||||||||||
| 25 OLD KINGS HIGHWAY NORTH SUITE 13 | DARIEN | CT | 06820 | NONE | PUBLIC CHARITY | FOR GENERAL PURPOSES | $750 | 115 | ||||
| CANCER CARE INC | ||||||||||||
| 275 SEVENTH AVENUE | NEW YORK | NY | 10001 | NONE | PUBLIC CHARITY | FOR GENERAL PURPOSES | $500 | |||||
| CAREER SPRING | ||||||||||||
| 5311 VALERIE STREET | BELLAIRE | TX | 77401 | NONE | PUBLIC CHARITY | FOR GENERAL PURPOSES | $5,000 | |||||
| CATHOLIC CHARITIES | ||||||||||||
| 2900 LOUISIANA STREET | HOUSTON | TX | 77006 | NONE | RELIGIOUS ORGANIZATI | FOR GENERAL PURPOSES | $3,000 | |||||
| CATHOLIC CHARITIES OF THE ARCHDIOCESE OF GALVESTON-HOUSTON | ||||||||||||
| 2900 LOUISIANA STREET | HOUSTON | TX | 77006 | NONE | RELIGIOUS ORGANIZATI | FOR GENERAL PURPOSES | $5,000 | |||||
| CHILD ADVOCATES INC | ||||||||||||
| 3701 KIRBY DRIVE SUITE 400 | HOUSTON | TX | 77098 | NONE | PUBLIC CHARITY | FOR GENERAL PURPOSES | $12,500 | |||||
| CHINQUAPIN PREP SCHOOL | ||||||||||||
| 2615 E WALLISVILLE RD | HIGHLANDS | TX | 77562 | NONE | PUBLIC CHARITY | FOR GENERAL PURPOSES | $2,000 | |||||
| CHRISTIAN COMMUNITY SERVICE CENTER | ||||||||||||
| PO BOC 27924 | HOUSTON | TX | 77227 | NONE | RELIGIOUS ORGANIZATI | FOR GENERAL PURPOSES | $5,000 | |||||
| COMMUNITY WORKS CDC | ||||||||||||
| 7111 HOMESTEAD ROAD | HOUSTON | TX | 77028 | NONE | PUBLIC CHARITY | FOR GENERAL PURPOSES | $1,000 | |||||
| CRISTO REY JESUIT | ||||||||||||
| 6700 MOUNT CARMEL STREET | HOUSTON | TX | 77087 | NONE | EDUCATIONAL INSTITUI | FOR GENERAL PURPOSES | $16,250 | |||||
| DISCOVERU | ||||||||||||
| PO BOX 4059 | HOUSTON | TX | 77210 | NONE | PUBLIC CHARITY | FOR GENERAL PURPOSES | $5,000 | |||||
| EAGLE INVESTORS | ||||||||||||
| 524 NORTH COLLEGE AVENUE UNIT 503 | BLOOMINGTON | IN | 47404 | NONE | PUBLIC CHARITY | FOR GENERAL PURPOSES | $500 | |||||
| EIGHT MILLION STORIES | ||||||||||||
| 3015 N MACGREGOR WAY | HOUSTON | TX | 77004 | NONE | PUBLIC CHARITY | FOR GENERAL PURPOSES | $5,000 | |||||
| FAMILY LEGACY MISSIONS | ||||||||||||
| 5005 WEST ROYAL LANE SUITE 252 | IRVING | TX | 75063 | NONE | RELIGIOUS ORGANIZATI | FOR GENERAL PURPOSES | $576 | |||||
| GEORGE SCHOOL | ||||||||||||
| 1690 NEWTOWN LANGHORNE RD | NEWTOWN | PA | 18940 | NONE | EDUCATIONAL INSTITUI | FOR GENERAL PURPOSES | $5,000 | |||||
| GIVING FUN | ||||||||||||
| 1250 I STREET NW | WASHINGTON | DC | 20005 | NONE | PUBLIC CHARITY | FOR GENERAL PURPOSES | $500 | |||||
| HIS GRACE FOUNDATION | ||||||||||||
| PO BOX 722 | TOMBALL | TX | 77377 | NONE | RELIGIOUS ORGANIZATI | FOR GENERAL PURPOSES | $6,756 | |||||
| HOPE STONE INC | ||||||||||||
| 2726 BISSONNET SUITE 240-513 | HOUSTON | TX | 77005 | NONE | EDUCATIONAL INSTITUI | FOR GENERAL PURPOSES | $500 | |||||
| JDRF | ||||||||||||
| 26 BROADWAY | NEW YORK | NY | 10004 | NONE | PUBLIC CHARITY | FOR GENERAL PURPOSES | $2,500 | |||||
| JESUIT HIGH | ||||||||||||
| 1200 JACOB LANE | CARMICHAEL | CA | 95608 | NONE | EDUCATIONAL INSTITUI | FOR GENERAL PURPOSES | $5,500 | |||||
| LET GIRLS READ RUN GROW | ||||||||||||
| 123 W 133 ST STE 5C | NEW YORK | NY | 10030 | NONE | PUBLIC CHARITY | FOR GENERAL PURPOSES | $1,000 | |||||
| LEUKEMIA & LYMPHOMA SOCIETY | ||||||||||||
| 4009 BANISTER LANE SUITE 200 | AUSTIN | TX | 78704 | NONE | PUBLIC CHARITY | FOR GENERAL PURPOSES | $750 | |||||
| MARINE CORPS SCHOLARSHIP FOUNDATION | ||||||||||||
| 909 N WASHINGTON STREET SUITE 400 | ALEXANDRIA | VA | 22314 | NONE | EDUCATIONAL INSTITUI | TO FUND SCHOLARSHIP PROGRAM | $5,000 | |||||
| NATIONAL MS SOCIETY | ||||||||||||
| 101A FIRST AVENUE STE 6 | WALTHAM | MA | 02451 | NONE | PUBLIC CHARITY | FOR GENERAL PURPOSES | $500 | |||||
| NORTHWESTERN UNIVERSITY | ||||||||||||
| 633 CLARK STREET | EVANSTON | IL | 60208 | NONE | PUBLIC CHARITY | FOR GENERAL PURPOSES | $5,000 | |||||
| ONE CAUSE | ||||||||||||
| PO BOX 80548 | INDIANAPOLIS | IN | 46280 | NONE | PUBLIC CHARITY | FOR GENERAL PURPOSES | $75 | |||||
| PARADISUS DEI | ||||||||||||
| PO BOX 19127 | HOUSTON | TX | 77224 | NONE | RELIGIOUS ORGANIZATI | FOR GENERAL PURPOSES | $15,250 | |||||
| RC ACTIVITIES INC | ||||||||||||
| WILDCANDLE DRIVE | SPRING | TX | 77388 | NONE | RELIGIOUS ORGANIZATI | FOR GENERAL PURPOSES | $5,000 | |||||
| RICE UNIVERSITY | ||||||||||||
| PO BOX 1892 | HOUSTON | TX | 77251 | NONE | EDUCATIONAL INSTITUI | FOR GENERAL PURPOSES | $5,000 | |||||
| SAN FRANCISCO NATIVITY | ||||||||||||
| 245 LINDEN ST | SAN FRANCISCO | CA | 94102 | NONE | RELIGIOUS ORGANIZATI | FOR GENERAL PURPOSES | $10,000 | |||||
| SEARCH HOMELESS SERVICES | ||||||||||||
| 2015 CONGRESS AVENUE | HOUSTON | TX | 77002 | NONE | PUBLIC CHARITY | FOR GENERAL PURPOSES | $13,000 | |||||
| SECOND SERVINGS OF HOUSTON | ||||||||||||
| 4500 BISSONNET ST SUITE 360 | BELLAIRE | TX | 77401 | NONE | PUBLIC CHARITY | FOR GENERAL PURPOSES | $750 | |||||
| SMALL STEPS NURTURING CENTER | ||||||||||||
| 1709 DEPELCHIN ST | HOUSTON | TX | 77007 | NONE | EDUCATIONAL INSTITUI | FOR GENERAL PURPOSES | $5,000 | |||||
| SPRINGSPIRIT BASEBALL | ||||||||||||
| PO BOX 550549 | HOUSTON | TX | 77255 | NONE | PUBLIC CHARITY | FOR GENERAL PURPOSES | $5,000 | |||||
| ST AGNES ACADEMY | ||||||||||||
| 9000 BELLAIRE BLVD | HOUSTON | TX | 77036 | NONE | EDUCATIONAL INSTITUI | FOR ENDOWMENT PURPOSES | $35,000 | |||||
| ST COLETTA OF GREATER WASHINGTON | ||||||||||||
| 1901 INDEPENDENCE AVENUE SE | WASHINGTON | DC | 20003 | NONE | PUBLIC CHARITY | FOR GENERAL PURPOSES | $3,000 | |||||
| ST VINCENT DE PAUL | ||||||||||||
| 6800 BUFFALO SPEEDWAY | HOUSTON | TX | 77025 | NONE | RELIGIOUS ORGANIZATI | FOR GENERAL PURPOSES | $500 | |||||
| STAR OF HOPE MISSION | ||||||||||||
| 4848 LOOP CENTRAL DR SUITE 500 | HOUSTON | TX | 77081 | NONE | RELIGIOUS ORGANIZATI | FOR GENERAL PURPOSES | $250 | |||||
| STRAKE JESUIT COLLEGE PREPARATORY | ||||||||||||
| 8900 BELLAIRE BLVD | HOUSTON | TX | 77036 | NONE | EDUCATIONAL INSTITUI | FOR GENERAL PURPOSES | $10,725 | |||||
| STUDENTS FOR LIBERTY | ||||||||||||
| 2221 S CLARK ST 12TH FLOOR | ARLINGTON | VA | 22202 | NONE | PUBLIC CHARITY | FOR GENERAL PURPOSES | $2,000 | |||||
| THE WOODS PROJECT | ||||||||||||
| 2700 SOUTHWEST FREEWAY SUITE B | HOUSTON | TX | 77098 | NONE | PUBLIC CHARITY | FOR GENERAL PURPOSES | $1,000 | |||||
| UNBOUND | ||||||||||||
| 1 ELMWOOD AVE | KANSAS CITY | KS | 66103 | NONE | PUBLIC CHARITY | FOR GENERAL PURPOSES | $532 | |||||
| UNICEF | ||||||||||||
| NONE | PUBLIC CHARITY | FOR GENERAL PURPOSES | $750 | HOUSE NUMBER 18 SOUTH LIBERIA LINK | ADABRAKA | ACCRA | GH | |||||
| UNIVERSITY OF MIAMI BUSINESS SCHOOL | ||||||||||||
| 5821 SAN AMARO DRIVE | CORAL GABLES | FL | 33146 | NONE | EDUCATIONAL INSTITUI | FOR GENERAL PURPOSES | $20,872 | |||||
| WORK TEXAS | ||||||||||||
| 3900 ESSEX LANE SUITE 1200 | HOUSTON | TX | 77027 | NONE | PUBLIC CHARITY | FOR GENERAL PURPOSES | $5,000 | |||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $234,286 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $249 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $103,005 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $498,428 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $601,682 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $601,682 | 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PAUL J POSOLI | BusinessNameLine1Txt |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5311 VALERIE ST | AddressLine1Txt |
| City | HOUSTON | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 77401 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $230,000 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (2 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| BERNSTEIN & CO., LLC | AT COST | $4,635,431 | $4,688,569 |
| PFIC - BERNSTEINALLIANCE SECURITIZED ASSETS FUND CAYMAN, LP | AT COST | $874,377 | $874,377 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| LEGAL & PROFESSIONAL FEES | $3,600 | $1,800 | $0 | $0 |
| INVESTMENT MANAGEMENT FEES | $18,791 | $18,791 | $0 | $0 |
| BANK FEES | $15 | $15 | $0 | $0 |
Substantial Contributors Sch SubstantialContributorsSch
Substantial Contributor Detail SubstantialContributorDetail (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd |
|---|---|---|---|
| PAUL JOSEPH POSOLI | |||
| 5311 VALERIE ST | BELLAIRE | TX | 77401 |
| JOY MICHELLE POSOLI | |||
| 5311 VALERIE ST | BELLAIRE | TX | 77401 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | FOREIGN TAXES PAID | CategoryTxt |
| Amt | $1,613 | Amt |
| Net Investment Income | $1,613 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
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