SUSANNE MARCUS COLLINS FOUNDATION INC: Form 990PF, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- SUSANNE MARCUS COLLINS FOUNDATION INC (EIN 58-2396540)
- Tax period
- 2020-01-01 to 2020-12-31
- Filed
- 2021-11-09
- IRS object ID
- 202123139349102307
- 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
- Accounting Fees Schedule
- Depreciation Schedule
- Distribution From Corpus Election
- Investments Corp Stock Schedule
- Land Etc Schedule2
- Legal Fees Schedule
- Other Expenses Schedule
- Other Increases Schedule
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2021-11-09T13:57:32-06:00 | ReturnTs |
| Tax Period End | 2020-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 580673524 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MSTILLER LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1960 SATELLITE BLVD SUITE 3600 | AddressLine1Txt |
| City | DULUTH | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 30097 | 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 | 582396540 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SUSANNE MARCUS COLLINS FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | SUSA | BusinessNameControlTxt |
| Phone | 4042407710 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1266 W PACES FERRY RD NO 615 | AddressLine1Txt |
| City | ATLANTA | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 30327 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DOUGLAS P DINAPOLI | PersonNm |
| Person Title | CFO | PersonTitleTxt |
| Phone | 4042407700 | PhoneNum |
| Signature | 2021-11-05 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | DOUGLAS | PersonFirstNm |
| Person Last | DINAPOLI | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | GREGORY W HAYES | PreparerPersonNm |
| PTIN | P00054246 | PTIN |
| Phone | 7709958800 | PhoneNum |
| Preparation | 2021-11-05 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 3 | 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 | $17,584,006 | 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 | $6,506 | ContriRcvdRevAndExpnssAmt |
| Dividends Rev And Expnss | $322,905 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $318,948 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $2,224,326 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $3,663,584 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $2,224,326 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $2,553,737 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $2,543,274 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $476,505 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $476,505 | CompOfcrDirTrstDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $26,279 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Net Invst Incm | $0 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $26,279 | PensionEmplBnftDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $22,833 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $22,833 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $4,986 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $2,493 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $2,493 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $27,047 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $27,047 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $77,500 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $0 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $500 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $1,957 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $0 | DeprecAndDpltnNetInvstIncmAmt |
| Occupancy Rev And Expnss | $3,150 | OccupancyRevAndExpnssAmt |
| Occupancy Net Invst Incm | $0 | OccupancyNetInvstIncmAmt |
| Occupancy Dsbrs Chrtbl | $3,150 | OccupancyDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $1,016 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $0 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $1,016 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $17,258 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $195 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $16,113 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $658,531 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $29,735 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $548,889 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $870,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $870,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,528,531 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $29,735 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,418,889 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $1,025,206 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $2,513,539 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $2,163 | CashBOYAmt |
| Sav And Temp Cash Invst BOY | $4,388,803 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $3,712,592 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $3,712,592 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $11,986,513 | CorporateStockBOYAmt |
| Corporate Stock EOY | $13,868,311 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $13,868,311 | CorporateStockEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $3,238 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $135 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $5,199 | LandBOYAmt |
| Land EOY | $3,103 | LandEOYAmt |
| Land EOYFMV | $3,103 | LandEOYFMVAmt |
| Total Assets BOY | $16,382,678 | TotalAssetsBOYAmt |
| Total Assets EOY | $17,584,006 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $17,584,006 | TotalAssetsEOYFMVAmt |
| Other Liabilities BOY | $111 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $18,158 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $111 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $18,158 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $16,382,567 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $17,565,848 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $16,382,567 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $17,565,848 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $16,382,678 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $17,584,006 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $16,382,567 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $1,025,206 | ExcessRevenueOverExpensesAmt |
| Other Increases | $158,075 | OtherIncreasesAmt |
| Subtotal | $17,565,848 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $17,565,848 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (3 entries)
| PropertyPropertyDesc | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | How AcquiredHowAcquiredCd | DepreciationDepreciationAmt |
|---|---|---|---|---|---|---|
| PUBLICLY TRADED SECURITIES | $3,656,210 | $1,435,881 | $2,220,329 | $2,220,329 | ||
| EQUIPMENT AND FURNITURE | $6,249 | -$3,377 | -$3,377 | P | $2,872 | |
| CAPITAL GAINS DIVIDENDS | $7,374 | $7,374 | $7,374 | P |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $2,224,326 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $34,938 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $34,938 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $34,938 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $46,965 | 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 | $46,965 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $12,027 | OverpaymentAmt |
| Applied To ES Tax | $12,027 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
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 | GA | OrgReportOrRegisterStateCd |
| Org Report Or Register State | MA | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | 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 | DOUGLAS DINAPOLI | IndividualWithBooksNm |
| Phone | 4042407700 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1266 W PACES FERRY RD 615 | AddressLine1Txt |
| City | ATLANTA | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 30327 | 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 | Yes (1) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | 0 | ActsFailToQlfyAsExceptionsInd |
| 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 (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 |
|---|---|---|---|---|---|---|---|---|
| SUSANNE COLLINS | ||||||||
| 1266 W PACES FERRY RD 615 | ATLANTA | GA | 30327 | CHAIRPERSON/EXEC DIRECTOR | 35.00 | $205,000 | $14,769 | $0 |
| MARTHA JONES | ||||||||
| 1266 W PACES FERRY RD 615 | ATLANTA | GA | 30327 | PROJECT MANAGER | 4.00 | $13,075 | $0 | $0 |
| JO PITKIN | ||||||||
| 1266 W PACES FERRY RD 615 | ATLANTA | GA | 30327 | DIRECTOR | 4.00 | $10,000 | $0 | $0 |
| MARTINA G BARNES | ||||||||
| 1266 W PACES FERRY RD 615 | ATLANTA | GA | 30327 | DIRECTOR | 4.00 | $10,000 | $0 | $0 |
| RACHEL COLLINS | ||||||||
| 1266 W PACES FERRY RD 615 | ATLANTA | GA | 30327 | FOREIGN DIRECTOR | 10.00 | $64,215 | $0 | $0 |
| GRANT SMITH | ||||||||
| 1266 W PACES FERRY RD 615 | ATLANTA | GA | 30327 | FOREIGN DIRECTOR | 10.00 | $64,215 | $0 | $0 |
| JASON QUITT | ||||||||
| 1266 W PACES FERRY RD 615 | ATLANTA | GA | 30327 | FOREIGN DIRECTOR | 12.00 | $110,000 | $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 |
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 | $12,747,322 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $4,214,620 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $16,961,942 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $16,961,942 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $254,429 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $16,707,513 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $835,376 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $835,376 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $34,938 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $34,938 | TotalTaxAmt |
| Distributable Before Adj | $800,438 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $800,438 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $800,438 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,418,889 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $3,238 | CharitableAssetsAcquisPaidAmt |
| Qualifying Distributions | $1,422,127 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $1,422,127 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $800,438 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $997,155 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $1,022,675 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $686,132 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $601,391 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $829,583 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $4,136,936 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $1,422,127 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $6,506 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $800,438 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $615,183 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $4,758,625 | 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 | $6,506 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $997,155 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $3,754,964 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $1,022,675 | ExcessFromYear4Amt |
| Excess From Year3 | $686,132 | ExcessFromYear3Amt |
| Excess From Year2 | $601,391 | ExcessFromYear2Amt |
| Excess From Year1 | $829,583 | ExcessFromYear1Amt |
| Excess From Current Year | $615,183 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (11 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| CELEBRITY SERIES OF BOSTON | |||||||
| 20 PARK PLAZA STE 1032 | BOSTON | MA | 02116 | NONE | PUBLIC CHARITY | SUPPORT THE CHARITABLE PURPOSE OF THE RECIPIENT ORGANIZATION | $50,000 |
| CENTER FOR MAINE CONTEMPORARY ART | |||||||
| 21 WINTER STREET | ROCKLAND | ME | 04841 | NONE | PUBLIC CHARITY | SUPPORT THE CHARITABLE PURPOSE OF THE RECIPIENT ORGANIZATION | $5,000 |
| FALMOUTH TOGETHER WE CAN INC | |||||||
| PO BOX 303 | FALMOUTH | MA | 02540 | NONE | PUBLIC CHARITY | SUPPORT THE CHARITABLE PURPOSE OF THE RECIPIENT ORGANIZATION | $225,000 |
| FIREHOUSE CENTER OF THE ARTS | |||||||
| MARKET SQUARE | NEWBURYPORT | MA | 01950 | NONE | PUBLIC CHARITY | SUPPORT THE CHARITABLE PURPOSE OF THE RECIPIENT ORGANIZATION | $5,000 |
| GUARDIAN ANGELS | |||||||
| PO BOX 5533 | WAYLAND | MA | 01778 | NONE | PUBLIC CHARITY | SUPPORT THE CHARITABLE PURPOSE OF THE RECIPIENT ORGANIZATION | $150,000 |
| HAMILTON COLLEGE TRUSTEES | |||||||
| 198 COLLEGE HILL ROAD | CLINTON | NY | 13323 | NONE | PUBLIC CHARITY | SUPPORT THE CHARITABLE PURPOSE OF THE RECIPIENT ORGANIZATION | $9,500 |
| MASSACHUSETTS GENERAL HOSPITAL | |||||||
| 125 NASHUA STREET STE 540 | BOSTON | MA | 02114 | NONE | PUBLIC CHARITY | SUPPORT THE CHARITABLE PURPOSE OF THE RECIPIENT ORGANIZATION | $130,000 |
| RESONANCE PROJECT FOUNDATION | |||||||
| 940 CALLE NEGOCIO | SAN CLEMENTE | CA | 92673 | NONE | PUBLIC CHARITY | SUPPORT THE CHARITABLE PURPOSE OF THE RECIPIENT ORGANIZATION | $157,500 |
| S1- VISIONARY ARTIST'S PROJECT | |||||||
| 2000 NE 42ND 314 | PORTLAND | OR | 97213 | NONE | PUBLIC CHARITY | SUPPORT THE CHARITABLE PURPOSE OF THE RECIPIENT ORGANIZATION | $31,500 |
| TUNEFOOLERY MUSIC INC | |||||||
| 85 EAST NEWTON STREET | BOSTON | MA | 02118 | NONE | PUBLIC CHARITY | SUPPORT THE CHARITABLE PURPOSE OF THE RECIPIENT ORGANIZATION | $31,500 |
| WAKE FOREST HEALTH SCIENCES | |||||||
| PO BOX 571021 | WINSTONSALEM | NC | 271571021 | NONE | PUBLIC CHARITY | SUPPORT THE CHARITABLE PURPOSE OF THE RECIPIENT ORGANIZATION | $75,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $870,000 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $322,905 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $2,224,326 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $2,547,231 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $2,547,231 | 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 Person | BERNARD MARCUS | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1266 W PACES FERRY ROAD | AddressLine1Txt |
| City | ATLANTA | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 30327 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $6,506 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING | CategoryTxt |
| Amt | $4,986 | Amt |
| Net Investment Income | $2,493 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $2,493 | DisbursementsCharitablePrpsAmt |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp (6 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | Cost Or Other BasisCostOrOtherBasisAmt | Prior Year DepreciationPriorYearDepreciationAmt | Computation MethodComputationMethodTxt | LifeLifeRt | Current Year ExpenseCurrentYearExpenseAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|---|---|---|---|
| COLOR PRINTER | 2019-02-13 | $838 | $244 | SL | 3.000000000000 | $244 | $0 |
| APPLE IPAD & KEYBOARD | 2019-03-06 | $2,320 | $677 | SL | 3.000000000000 | $677 | $0 |
| MACBOOK | 2019-11-13 | $1,215 | $51 | SL | 3.000000000000 | $354 | $0 |
| APPLE IPHONE 11 | 2019-12-11 | $1,876 | $78 | SL | 3.000000000000 | $547 | $0 |
| APPLE EQUIPMENT | 2020-11-15 | $1,486 | SL | 3.000000000000 | $62 | $0 | |
| APPLE EQUIPMENT | 2020-11-22 | $1,752 | SL | 3.000000000000 | $73 | $0 |
Distribution From Corpus Election DistributionFromCorpusElection
| Field | Value | IRS element (for citing) |
|---|---|---|
| Election | THE FOUNDATION ELECTS TO TREAT THE DISTRIBUTIONS BELOW PURSUANT TO IRC 4942(G)(3) SUCH THAT THEY QUALIFY AS IRC 170(B)(1)(A)(VII) CHARITABLE DISTRIBUTIONS FOR THE DONOR IN 2020 UNDER IRC 170(B)(1)(F)(II).AS REQUIRED UNDER 4942(G)(3) THESE CONTRIBUTED FUNDS -(I) HAVE BEEN DISTRIBUTED AS PART OF THE CURRENT TAX YEAR'S DISTRIBUTIONS,(II) ARE QUALIFYING DISTRIBUTIONS UNDER IRC 4942(G)(1)(A), AND(III) ARE DISTRIBUTIONS THAT UNDER THE ELECTION BELOW ARE BEING MADE OUT OF CORPUS, ANDADEQUATE RECORDS AND EVIDENCE FROM THE FOUNDATION SHOWING THAT THESE QUALIFYING DISTRIBUTIONS HAVE BEEN MADE BY THE FOUNDATION HAVE BEEN DELIVERED TO THE DONOR.THE FOUNDATION ELECTS TO TREAT THE FOLLOWING CURRENT YEAR DISTRIBUTIONS AS CURRENT TAX YEAR CORPUS DISTRIBUTIONS PURSUANT TO IRC 4942(H)(2) AND REG. 53.4942(A)-3(D)(2).2020 QUALIFYING DISTRIBUTIONS: $6,506THIS ELECTION IS MADE BY FOUNDATION MANAGER, DOUGLAS DINAPOLI, CFO, AS PART OF THE ELECTRONICALLY FILED ANNUAL RETURN. | ElectionDesc |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | EQUITIES & MUTUAL FUNDS | StockNm |
| EOY Book Value | $13,868,311 | EOYBookValueAmt |
| EOYFMV | $13,868,311 | EOYFMVAmt |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp (2 entries)
| Category Or ItemCategoryOrItemTxt | Cost Or Other BasisCostOrOtherBasisAmt | Accumulated DepreciationAccumulatedDepreciationAmt | Book ValueBookValueAmt |
|---|---|---|---|
| APPLE EQUIPMENT | $1,486 | $62 | $1,424 |
| APPLE EQUIPMENT | $1,752 | $73 | $1,679 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL | CategoryTxt |
| Legal Fees | $22,833 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $22,833 | DisbursementsCharitablePrpsAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (7 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| BANK CHARGES | $795 | $0 | $795 |
| OFFICE EXPENSE | $7,988 | $0 | $7,988 |
| PAYROLL PROCESSING FEES | $1,053 | $0 | $103 |
| COMPUTER SUPPORT | $4,731 | $0 | $4,731 |
| MISCELLANEOUS | $3 | $0 | $3 |
| MEETINGS & CONFERENCES | $2,493 | $0 | $2,493 |
| INVESTMENT EXPENSES | $195 | $195 | $0 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | UNREALIZED APPRECIATION OF INVESTMENT PORTFOLIO | Desc |
| Amt | $158,075 | Amt |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail (3 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt |
|---|---|---|
| BANK OVERDRAFT | $0 | $17,834 |
| CREDIT CARD PAYABLES | $111 | $0 |
| MISCELLANEOUS PAYABLES | $0 | $324 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | INVESTMENT MANAGEMENT | CategoryTxt |
| Amt | $27,047 | Amt |
| Net Investment Income | $27,047 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| STATE TAXES | $500 | $0 | $500 |
| EXCISE TAX | $77,000 | $0 | $0 |
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