STEWART W & WILLMA C HOYT FOUNDATION INC: Form 990PF, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- STEWART W & WILLMA C HOYT FOUNDATION INC (EIN 22-3209342)
- Tax period
- 2020-01-01 to 2020-12-31
- Filed
- 2021-07-28
- IRS object ID
- 202142099349100204
- 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
- Accounting Fees Schedule
- Depreciation Schedule
- General Explanation Attachment
- Investments Other Schedule2
- 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 | 2021-07-28T09:35:25-05:00 | ReturnTs |
| Tax Period End | 2020-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 330996661 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DANNIBLE & MCKEE LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1701 NORTH STREET BLDG 40-2 SUITE | AddressLine1Txt |
| Address Line2 | J34 | AddressLine2Txt |
| City | ENDICOTT | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 13760 | 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 | 223209342 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE STEWART W & WILLMA C HOYT | BusinessNameLine1Txt |
| Business Name Line2 | FOUNDATION INC | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | STEW | BusinessNameControlTxt |
| Phone | 6077720780 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 70 FRONT STREET | AddressLine1Txt |
| City | BINGHAMTON | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 13905 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | CATHERINE SCHWOEFFERMANN | PersonNm |
| Person Title | EXECUTIVE DIRECTOR | PersonTitleTxt |
| Phone | 6077720780 | PhoneNum |
| Signature | 2021-07-28 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | CATHERINE | PersonFirstNm |
| Person Last | SCHWOEFFERMANN | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | THOMAS K SBARRA CPA | PreparerPersonNm |
| PTIN | P00169397 | PTIN |
| Phone | 6077547707 | PhoneNum |
| Preparation | 2021-07-28 | 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 | $23,795,802 | FMVAssetsEOYAmt |
| Method Of Accounting Other | Yes (X) | MethodOfAccountingOtherInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Dividends Rev And Expnss | $371,155 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $371,155 | DividendsNetInvstIncmAmt |
| Gross Rents Rev And Expnss | $12,100 | GrossRentsRevAndExpnssAmt |
| Gross Rents Net Invst Incm | $12,100 | GrossRentsNetInvstIncmAmt |
| Net Rental Income Or Loss | -$38,815 | NetRentalIncomeOrLossAmt |
| Net Gain Sale Ast Rev And Expnss | $562,309 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $2,642,005 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $562,309 | CapGainNetIncmNetInvstIncmAmt |
| Incm Modifications Adj Net Incm | $75,000 | IncmModificationsAdjNetIncmAmt |
| Total Rev And Expnss | $945,564 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $945,564 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $75,000 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $159,712 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $9,551 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $150,161 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $55,886 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $9,998 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $45,888 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $3,719 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Net Invst Incm | $916 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $2,803 | PensionEmplBnftDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $2,730 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $683 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $2,047 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $10,800 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $4,320 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $6,480 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $47,436 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $47,436 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $15,982 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $2,453 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $13,529 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $37,798 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $12,150 | DeprecAndDpltnNetInvstIncmAmt |
| Trav Conf Meeting Rev And Expnss | $2,045 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $205 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $1,840 | TravConfMeetingDsbrsChrtblAmt |
| Printing And Pub Rev And Expnss | $302 | PrintingAndPubRevAndExpnssAmt |
| Printing And Pub Net Invst Incm | $0 | PrintingAndPubNetInvstIncmAmt |
| Printing And Pub Dsbrs Chrtbl | $302 | PrintingAndPubDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $92,467 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $43,537 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $48,930 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $428,877 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $131,249 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $271,980 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $838,287 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $838,287 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,267,164 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $131,249 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,110,267 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$321,600 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $814,315 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $75,000 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $84,227 | CashBOYAmt |
| Cash EOY | $261,579 | CashEOYAmt |
| Cash EOYFMV | $261,579 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $3,682,570 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $3,910,561 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $3,910,561 | SavAndTempCashInvstEOYFMVAmt |
| Other Investments BOY | $18,984,563 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $19,311,962 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $19,311,962 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $978,515 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $598,931 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $403,096 | LandBOYAmt |
| Land EOY | $379,584 | LandEOYAmt |
| Land EOYFMV | $311,700 | LandEOYFMVAmt |
| Total Assets BOY | $23,154,456 | TotalAssetsBOYAmt |
| Total Assets EOY | $23,863,686 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $23,795,802 | TotalAssetsEOYFMVAmt |
| Other Liabilities BOY | $600 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $600 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $600 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $600 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $23,153,856 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $23,863,086 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $23,153,856 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $23,863,086 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $23,154,456 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $23,863,686 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $23,153,856 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$321,600 | ExcessRevenueOverExpensesAmt |
| Other Increases | $1,030,830 | OtherIncreasesAmt |
| Subtotal | $23,863,086 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $23,863,086 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (14 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|
| VANGUARD MEGA CAP VALUE ETF | P | $699,421 | $495,027 | $204,394 | $204,394 |
| VANGUARD MEGA CAP VALUE ETF | P | $200,762 | $144,146 | $56,616 | $56,616 |
| VANGUARD SMALL CAP VALUE ETF | P | $149,981 | $116,588 | $33,393 | $33,393 |
| 30 EQUINIX INC | P | $20,575 | $12,395 | $8,180 | $8,180 |
| 429 PIONEER NATURAL RESOURCES | P | $37,208 | $67,482 | -$30,274 | -$30,274 |
| 212 WABTEK | P | $13,350 | $15,196 | -$1,846 | -$1,846 |
| INTERNATIONAL EXPLORER FUND | P | $100,000 | $124,927 | -$24,927 | -$24,927 |
| HIGH-YIELD COPR FUND ADM | P | $100,525 | $108,319 | -$7,794 | -$7,794 |
| HIGH YIELD CORP FUND ADM | P | $129,475 | $132,953 | -$3,478 | -$3,478 |
| DEROY & DEVEREAUX | P | $365,796 | $344,602 | $21,194 | $21,194 |
| DEROY & DEVEREAUX | P | $165,302 | $221,682 | -$56,380 | -$56,380 |
| BLN REIT FRACTIONAL SHARE | P | $14 | $9 | $5 | $5 |
| LITMAN GREGORY | P | $300,000 | $296,370 | $3,630 | $3,630 |
| CAPITAL GAINS DIVIDENDS | P | $359,596 | $359,596 | $359,596 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $562,309 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $11,319 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $11,319 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $11,319 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $27,281 | 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 | $27,281 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $15,962 | OverpaymentAmt |
| Applied To ES Tax | $15,962 | 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 | NY | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | Yes (1) | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | WWW.HOYTFOUNDATION.ORG | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE HOYT FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 6077720780 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 70 FRONT STREET | AddressLine1Txt |
| City | BINGHAMTON | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 13905 | 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 (6 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 |
|---|---|---|---|---|---|---|---|---|
| CATHERINE A SCHWOEFFERMANN | ||||||||
| 70 FRONT STREET | BINGHAMTON | NY | 13905 | EXECUTIVE DIRECTOR | 50.00 | $136,663 | $23,049 | $0 |
| MARENA GONZ | ||||||||
| 70 FRONT STREET | BINGHAMTON | NY | 13905 | VICE-CHAIR | 1.00 | $0 | $0 | $0 |
| ROBERTA PETERSON | ||||||||
| 70 FRONT STREET | BINGHAMTON | NY | 13905 | BOARD MEMBER | 1.00 | $0 | $0 | $0 |
| AUBREY CLARK | ||||||||
| 70 FRONT STREET | BINGHAMTON | NY | 13905 | CHAIR | 3.00 | $0 | $0 | $0 |
| GAIL KOVAC | ||||||||
| 70 FRONT STREET | BINGHAMTON | NY | 13905 | SECRETARY/TREASURER | 2.00 | $0 | $0 | $0 |
| JEFFERY SMITH | ||||||||
| 70 FRONT STREET | BINGHAMTON | NY | 13905 | BOARD MEMBER | 1.00 | $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 |
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 | $21,186,127 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $237,306 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $108,152 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $21,531,585 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $21,531,585 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $322,974 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $21,208,611 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $1,060,431 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $1,060,431 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $11,319 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $11,319 | TotalTaxAmt |
| Distributable Before Adj | $1,049,112 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $75,000 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $1,124,112 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $1,124,112 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,110,267 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $10,237 | CharitableAssetsAcquisPaidAmt |
| Qualifying Distributions | $1,120,504 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $1,120,504 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $1,124,112 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr1 | $814 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $814 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $1,120,504 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $1,120,504 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $814 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $814 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $0 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $2,794 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $0 | ExcessDistriCyovToNextYrAmt |
Supplementary Information SupplementaryInformationGrp
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | CATHERINE A SCHWOEFFERMANN | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 70 FRONT STREET | AddressLine1Txt |
| City | BINGHAMTON | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 13905 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 6077720780 | RecipientPhoneNum |
| Form And Info And Materials | SEE APPLICATION ON WEBSITE AT WWW.HOYTFOUNDATION.ORG. ALSO SEE ATTACHED | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | SEE ATTACHED APPLICATION INSTRUCTIONS | SubmissionDeadlinesTxt |
| Restrictions On Awards | SEE ATTACHED APPLICATION INSTRUCTIONS | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (20 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| AMERICAN CIVIC ASSOCIATION | ||||||
| FRONT STREET | BINGHAMTON | NY | 13905 | PC | ERECT LED SIGN OUTSIDE BUILDING | $35,000 |
| BINGHAMTON ZOO | ||||||
| 185 PARK AVENUE | BINGHAMTON | NY | 13903 | PC | FOR TWO GREEN INITIATIVES: COMPOSTING AND RAIN WATER RETENTION SYSTEMS | $87,000 |
| BROOME COUNTY ARTS COUNCIL | ||||||
| 81 STATE ST STE 501 | BINGHAMTON | NY | 13901 | PC | UNITED CULTURAL FUND 2020 | $50,000 |
| BROOME COUNTY ARTS COUNCIL | ||||||
| 81 STATE ST STE 501 | BINGHAMTON | NY | 13901 | PC | COVID | $12,100 |
| BROOME COUNTY COUNCIL OF CHURCHES | ||||||
| 3 OSTENINGO STREET | BINGHAMTON | NY | 13903 | PC | CHOW AND COVID | $20,000 |
| CHENANGO COUNTY COUNCIL OF THE ARTS INC | ||||||
| 27 W MAIN ST | NORWICH | NY | 13815 | PC | DECENTRALIZATION CULTURAL RE-GRANT PROGRAM FOR BROOME COUNTY 2020 | $16,000 |
| EARLVILLE OPERA HOUSE | ||||||
| 18 EAST MAIN STREET | EARLVILLE | NY | 13332 | PC | DECENTRALIZATION CULTURAL RE-GRANT PROGAM FOR BROOME COUNTY 2020-2022 | $2,500 |
| EXPONENT PHILANTHROPHY | ||||||
| 1720 NORTH STREET NW | WASHINGTON | DC | 20036 | PC | COVID | $250 |
| FENTON FREE LIBRARY | ||||||
| 1062 CHENANGO STREET | BINGHAMTON | NY | 13901 | PC | TOWARD THE CONSTRUCTION OF A COMMUNTITY SPACE ADDITION TO THE EXISTING LIBRARY. | $85,000 |
| GOODWILL THEATRE | ||||||
| 67 BROAD STREET SUITE 210 | JOHNSON CITY | NY | 13790 | PC | FOR MULTI-FACETED AND COLLABORATIVE PROGRAMING IN THE SCHORR FAMILY FIREHOUSE THEATRE. | $15,000 |
| LOURDES HOSPITAL FOUNDATION | ||||||
| 169 RIVERSIDE DRIVE | BINGHAMTON | NY | 13905 | PC | REPACE TWO-DIMENSIONAL MAMMOGRAPHY UNIT AT BREAST CARE CENTER AND MOBILE MAMMOGRAPHY VAN | $75,000 |
| NEW YORK COUNCIL OF NONPROFITS | ||||||
| 272 BROADWAY | ALBANY | NY | 12204 | PC | COVID | $3,737 |
| NEW YORK COUNCIL OF NONPROFITS | ||||||
| 272 BROADWAY | ALBANY | NY | 12204 | PC | ENHANCE SOUTHERN TIER CAPACITY BUILDING PROGRAM. | $15,000 |
| RURAL HEALTH NETWORK | ||||||
| 455 COURT STREET | BINGHAMTON | NY | 13904 | PC | RENOVATION AT NEWLY PURCHASED BUILDING | $131,000 |
| TRI-CITIES OPERA | ||||||
| 315 CLINTON STREET | BINGHAMTON | NY | 13905 | PC | COVID | $35,700 |
| UNITED WAY OF BROOME COUNTY | ||||||
| 101 S JENSEN ROAD | VESTAL | NY | 13850 | PC | COVID | $10,000 |
| VOLUNTEERS IMPROVING NEIGHBORHOOD ENVIRONMENTS | ||||||
| PO BOX 3104 | BINGHAMTON | NY | 13902 | PC | FOR THREE INTERRELATED CAPACITY-BUILDING PROGRAMS. | $60,000 |
| WSKG PUBLIC MEDIA | ||||||
| 601 GATES ROAD | VESTAL | NY | 13850 | PC | ENERGY EFFICIENT UPGRADES AT WSKG BUILDING | $145,000 |
| WSKG PUBLIC MEDIA | ||||||
| 601 GATES ROAD | VESTAL | NY | 13850 | PC | COVID | $10,000 |
| YWCA OF BINGHAMTON & BROOME COUNTY | ||||||
| 80 HAWLEY STREET | BINGHAMTON | NY | 13901 | PC | ENCOREPLUS BREAST & CERVICAL OUTREACH PROGRAM | $30,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $838,287 | TotalGrantOrContriPdDurYrAmt |
Grant Or Contri Apprv For Fut GrantOrContriApprvForFutGrp (11 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| BROOME COMMUNITY COLLEGE FOUNDATION | ||||||
| PO BOX 1017 | BINGHAMTON | NY | 13901 | PC | GRANTS-IN-AID PROGRAM | $100,000 |
| BROOME COUNTY ARTS COUNCIL | ||||||
| 81 STATE ST STE 501 | BINGHAMTON | NY | 13901 | PC | 2020 UNITED CULTURAL FUND | $50,000 |
| BROOME COUNTY ARTS COUNCIL | ||||||
| 81 STATE ST STE 501 | BINGHAMTON | NY | 13901 | PC | ANNUAL BROOME COUNTY ARTS GUIDE | $120,000 |
| BROOME COUNTY COUNCIL OF CHURCHES | ||||||
| 3 OSTENINGO STREET | BINGHAMTON | NY | 13903 | PC | CONSTRUCTION MATERIALS FOR THE RAMP IT UP PROGRAM | $20,000 |
| EARLVILLE OPERA HOUSE | ||||||
| 18 EAST MAIN STREET | EARLVILLE | NY | 13332 | PC | DECENTRALIZATION CULTURAL RE-GRANT PROGRAM FOR BROOME COUNTY 2020-22 | $37,000 |
| GOODWILL THEATRE | ||||||
| 67 BROAD STREET SUITE 210 | JOHNSON CITY | NY | 13790 | PC | FOR MULTI-FACETED AND COLLABORATIVE PROGRAMING IN THE SCHORR FAMILY FIREHOUSE THEATRE | $15,000 |
| MERCY HOUSE | ||||||
| 212 MCKINLEY AVENUE | ENDICOTT | NY | 13760 | PC | PROGRAM/CAPITAL GRANT FOR KITCHEN RENOVATION & HIRE MUSICIANS TO ENGAGE WITH RESIDENTS | $140,000 |
| NEW YORK COUNCIL OF NONPROFITS | ||||||
| 272 BROADWAY | ALBANY | NY | 12204 | PC | SOUTHERN TIER CAPACITY BUILDING PROGRAM | $15,000 |
| PUNCH OUT PARKINSON'S | ||||||
| 709 CONLIN ROAD | BINGHAMTON | NY | 13903 | PC | EQUIPMENT, TRAINING AND COACHING SALARIES FOR PUNCH OUT CLASSES | $15,000 |
| SEEDS OF HOPE | ||||||
| 31 LEWIS STREET | BINGHAMTON | NY | 13901 | PC | CAREER & FINANCIAL LITERACY PROGRAM | $10,000 |
| VESTAL HISTORICAL SOCIETYVESTAL MUSEUM | ||||||
| 605 VESTAL PKWY WEST | VESTAL | NY | 13850 | PC | PHYSICAL MOVE OF THE VESTAL MUSEUM TO VESTAL RAIL TRAIL. | $70,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Apprv Fut | $592,000 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $371,155 | ExclusionAmt |
Net Rntl Incm Re Debt Fincd Prop NetRntlIncmReDebtFincdPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 16 | ExclusionCd |
| Exclusion | -$38,815 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $562,309 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $894,649 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $894,649 | 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 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $10,800 | Amt |
| Net Investment Income | $4,320 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $6,480 | DisbursementsCharitablePrpsAmt |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp (52 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | Cost Or Other BasisCostOrOtherBasisAmt | Prior Year DepreciationPriorYearDepreciationAmt | Computation MethodComputationMethodTxt | LifeLifeRt | Current Year ExpenseCurrentYearExpenseAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|---|---|---|---|
| DRAPERIES | 2002-06-04 | $4,078 | $4,078 | SL | 5.000000000000 | $0 | $0 |
| BOARD ROOM FURNITURE | 2004-10-18 | $9,800 | $9,800 | SL | 7.000000000000 | $0 | $0 |
| OFFICE FURNITURE | 2008-09-11 | $1,788 | $1,788 | SL | 7.000000000000 | $0 | $0 |
| COMPUTER | 2008-08-21 | $4,234 | $4,045 | SL | 3.000000000000 | $0 | $0 |
| CABINETS | 2018-12-10 | $3,242 | $3,242 | SL | 7.000000000000 | $0 | $0 |
| ALARM SYSTEM | 2011-05-01 | $1,878 | $1,878 | SL | 5.000000000000 | $0 | $0 |
| TELEPHONE SYSTEM | 2012-01-27 | $2,488 | $2,488 | SL | 5.000000000000 | $0 | $0 |
| 3 LENOVO DESKTOPS M71Z | 2012-06-05 | $3,616 | $3,616 | SL | 5.000000000000 | $0 | $0 |
| MACBOOK PRO LAPTOP | 2013-02-25 | $1,629 | $1,629 | SL | 4.000000000000 | $0 | $0 |
| LEASEHOLD IMPROVEMENT | 2002-03-01 | $219,906 | $219,906 | SL | 10.000000000000 | $0 | $0 |
| LEASEHOLD IMPROVEMENT | 2003-06-02 | $23,851 | $23,851 | SL | 10.000000000000 | $0 | $0 |
| IMPROVEMENT BOARD ROOM | 2004-10-01 | $4,477 | $4,477 | SL | 10.000000000000 | $0 | $0 |
| HVAC SYSTEM | 2004-10-01 | $3,010 | $3,010 | SL | 10.000000000000 | $0 | $0 |
| IMPROVEMENT - FRONT STEPS | 2004-08-15 | $1,840 | $1,840 | SL | 15.000000000000 | $0 | $0 |
| LEASEHOLD IMPROVE - 1ST FL | 2004-10-01 | $13,150 | $13,150 | SL | 10.000000000000 | $0 | $0 |
| NEW OFFICES ON 1ST FLOOR | 2006-06-30 | $18,100 | $16,294 | SL | 15.000000000000 | $1,207 | $0 |
| REPLACE PORCH ROOF | 2006-06-30 | $9,657 | $8,694 | SL | 15.000000000000 | $644 | $0 |
| THERMOSTAT INSTALLATION | 2006-12-27 | $1,947 | $1,947 | SL | 10.000000000000 | $0 | $0 |
| CONCRETE SIDEWALK | 2006-08-08 | $4,768 | $4,240 | SL | 15.000000000000 | $318 | $0 |
| BACK SIDE WALK | 2007-06-04 | $1,550 | $1,296 | SL | 15.000000000000 | $103 | $0 |
| REPLACE ROOF | 2007-09-20 | $11,267 | $9,200 | SL | 15.000000000000 | $751 | $0 |
| PAINTING BLDG | 2010-10-31 | $77,950 | $71,454 | SL | 10.000000000000 | $6,496 | $0 |
| LANDSCAPING | 2010-11-01 | $5,065 | $3,098 | SL | 15.000000000000 | $338 | $0 |
| PORCH RECONSTRUCTION | 2010-07-01 | $27,700 | $17,546 | SL | 15.000000000000 | $1,847 | $0 |
| INSULATION IN ATTIC | 2010-09-01 | $3,600 | $2,240 | SL | 15.000000000000 | $240 | $0 |
| 70 FRONT BUILDING | 2001-07-18 | $112,152 | $51,640 | SL | 40.000000000000 | $2,804 | $0 |
| EXTERIOR IMPROVEMENTS | 2001-09-01 | $15,640 | $15,640 | SL | 10.000000000000 | $0 | $0 |
| REPLACE ROOF | 2007-09-20 | $10,000 | $8,171 | SL | 15.000000000000 | $667 | $0 |
| IMPROVEMENT NEW OFFICE | 2008-09-11 | $5,244 | $5,241 | SL | 10.000000000000 | $0 | $0 |
| GUTTER SYSTEM | 2012-06-12 | $5,777 | $2,920 | SL | 15.000000000000 | $385 | $0 |
| ELECTRIC PANEL | 2013-01-01 | $2,700 | $1,260 | SL | 15.000000000000 | $180 | $0 |
| LIGHTING UPGRADE | 2013-09-05 | $1,847 | $1,172 | SL | 10.000000000000 | $185 | $0 |
| BRICK REPOINTING | 2015-06-30 | $2,150 | $968 | SL | 10.000000000000 | $215 | $0 |
| LANDSCAPING - REAR HOUSE | 2015-08-01 | $3,100 | $1,369 | SL | 10.000000000000 | $310 | $0 |
| CHIMNEYS REBUILT | 2016-03-31 | $3,750 | $938 | SL | 15.000000000000 | $250 | $0 |
| LOWER LEVEL AC UNIT | 2016-07-25 | $3,724 | $1,271 | SL | 10.000000000000 | $372 | $0 |
| 5 HAIRSTATION COUNTERTOPS | 2016-11-01 | $4,165 | $1,320 | SL | 10.000000000000 | $417 | $0 |
| SOLAR ARRAY | 2017-08-01 | $77,499 | $9,365 | SL | 20.000000000000 | $3,875 | $0 |
| DRIVEWAY & PARKING LOT | 2017-08-01 | $125,549 | $15,170 | SL | 20.000000000000 | $6,277 | $0 |
| WOOD AND GUARD RAIL FENCE | 2017-08-01 | $10,310 | $4,983 | SL | 5.000000000000 | $2,062 | $0 |
| SIGNS FOR PARKING LOT | 2017-08-01 | $1,604 | $776 | SL | 5.000000000000 | $321 | $0 |
| REBUILD PORCHES | 2018-08-01 | $5,246 | $744 | SL | 10.000000000000 | $525 | $0 |
| PORCH FLOORS | 2018-08-01 | $2,200 | $623 | SL | 5.000000000000 | $440 | $0 |
| ALDO'S CEILING REPLACE | 2018-05-01 | $5,205 | $868 | SL | 10.000000000000 | $521 | $0 |
| SONIC WALL & MICROSOFT 0365 | 2019-10-15 | $2,504 | $209 | SL | 3.000000000000 | $835 | $0 |
| MITSUBISHI HEAT/COOL SYSTEM | 2019-12-04 | $7,650 | $53 | SL | 12.000000000000 | $638 | $0 |
| RENOVATIONS TO BUILDING | 2019-07-30 | $13,325 | $555 | SL | 10.000000000000 | $1,333 | $0 |
| RENOVATIONS TO BUILDING | 2019-08-06 | $12,800 | $1,067 | SL | 5.000000000000 | $2,560 | $0 |
| LAND | 2001-07-18 | $69,500 | L | $0 | $0 | ||
| HEATING/COOLING UNIT CONFERENCE ROOM | 2020-06-25 | $3,850 | SL | 12.000000000000 | $160 | $0 | |
| REAR CHAIN LINK FENCE | 2020-06-25 | $7,400 | SL | 10.000000000000 | $370 | $0 | |
| PATIO FURNITURE (TABLE 4 CHAIRS) | 2020-10-01 | $3,034 | SL | 5.000000000000 | $152 | $0 |
General Explanation Attachment GeneralExplanationAttachment
General Explanation GeneralExplanationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | CONTOLLED ENTITY | IdentifierTxt |
| Form And Line Reference | PART VII-A QUESTION 11 | FormAndLineReferenceDesc |
| Medium Explanation | THE HOYT FOUNDATION IS THE 100% OWNER OF A SINGLE MEMBER LLC BY THE NAME OF, 70 FRONT STREET, LLC. WHICH OWNS THE OFFICE BUILDING OCCUPIED BY HOYT AND OTHERS. SINCE IT IS 100% OWNED IT IS CONSIDERED A DISREGARDED ENTITY FOR TAX REPORTING PURPOSES. THEREFORE, ALL FINANCIAL TRANSACTIONS OF THE LLC ARE INCLUDED IN THE REPORTING OF THE FOUNDATION AFTER APPROPRIATE ELIMINATIONS OF INTERCOMPANY TRANSACTIONS. THERE IS NO DEBT ON THE BUILDING, THEREFORE THERE IS NO DEBT- FINANCED UNRELATED BUSINESS INCOME. | MediumExplanationTxt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (15 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| VANGUARD ETF MID CAP | FMV | $173,305 | $173,305 |
| VANGUARD INTERNATIONAL EXPLORE | FMV | $184,521 | $184,521 |
| VANGUARD HIGH YIELD | FMV | $21,069 | $21,069 |
| LIT-GREG/MASTERS SELECT INTL | FMV | $352,901 | $352,901 |
| CALAMOS GROWTH | FMV | $834,916 | $834,916 |
| TIFF MULTI ASSET FUND | FMV | $1,362,254 | $1,362,254 |
| VANGUARD PRIMECAP CORE | FMV | $1,496,234 | $1,496,234 |
| VANGUARD ST INV GR BONDS | FMV | $1,359,868 | $1,359,868 |
| VANGUARD INTER-MED BONDS | FMV | $1,566,361 | $1,566,361 |
| DEROY & DEV | FMV | $2,577,338 | $2,577,338 |
| VANGUARD ETF MEGA CAP | FMV | $304,177 | $304,177 |
| HAHN MID-CAP MANAGEMENT | FMV | $3,273,890 | $3,273,890 |
| VANGUARD STAR FUND | FMV | $4,266,487 | $4,266,487 |
| VANGUARD ETF SMALL CAP | FMV | $456,905 | $456,905 |
| BROADSTONE REIT | FMV | $1,081,736 | $1,081,736 |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp (52 entries)
| Category Or ItemCategoryOrItemTxt | Cost Or Other BasisCostOrOtherBasisAmt | Accumulated DepreciationAccumulatedDepreciationAmt | Book ValueBookValueAmt |
|---|---|---|---|
| DRAPERIES | $4,078 | $4,078 | $0 |
| BOARD ROOM FURNITURE | $9,800 | $9,800 | $0 |
| OFFICE FURNITURE | $1,788 | $1,788 | $0 |
| COMPUTER | $4,234 | $4,045 | $189 |
| CABINETS | $3,242 | $3,242 | $0 |
| ALARM SYSTEM | $1,878 | $1,878 | $0 |
| TELEPHONE SYSTEM | $2,488 | $2,488 | $0 |
| 3 LENOVO DESKTOPS M71Z | $3,616 | $3,616 | $0 |
| MACBOOK PRO LAPTOP | $1,629 | $1,629 | $0 |
| LEASEHOLD IMPROVEMENT | $219,906 | $219,906 | $0 |
| LEASEHOLD IMPROVEMENT | $23,851 | $23,851 | $0 |
| IMPROVEMENT BOARD ROOM | $4,477 | $4,477 | $0 |
| HVAC SYSTEM | $3,010 | $3,010 | $0 |
| IMPROVEMENT - FRONT STEPS | $1,840 | $1,840 | $0 |
| LEASEHOLD IMPROVE - 1ST FL | $13,150 | $13,150 | $0 |
| NEW OFFICES ON 1ST FLOOR | $18,100 | $17,501 | $599 |
| REPLACE PORCH ROOF | $9,657 | $9,338 | $319 |
| THERMOSTAT INSTALLATION | $1,947 | $1,947 | $0 |
| CONCRETE SIDEWALK | $4,768 | $4,558 | $210 |
| BACK SIDE WALK | $1,550 | $1,399 | $151 |
| REPLACE ROOF | $11,267 | $9,951 | $1,316 |
| PAINTING BLDG | $77,950 | $77,950 | $0 |
| LANDSCAPING | $5,065 | $3,436 | $1,629 |
| PORCH RECONSTRUCTION | $27,700 | $19,393 | $8,307 |
| INSULATION IN ATTIC | $3,600 | $2,480 | $1,120 |
| 70 FRONT BUILDING | $112,152 | $54,444 | $57,708 |
| EXTERIOR IMPROVEMENTS | $15,640 | $15,640 | $0 |
| REPLACE ROOF | $10,000 | $8,838 | $1,162 |
| IMPROVEMENT NEW OFFICE | $5,244 | $5,241 | $3 |
| GUTTER SYSTEM | $5,777 | $3,305 | $2,472 |
| ELECTRIC PANEL | $2,700 | $1,440 | $1,260 |
| LIGHTING UPGRADE | $1,847 | $1,357 | $490 |
| BRICK REPOINTING | $2,150 | $1,183 | $967 |
| LANDSCAPING - REAR HOUSE | $3,100 | $1,679 | $1,421 |
| CHIMNEYS REBUILT | $3,750 | $1,188 | $2,562 |
| LOWER LEVEL AC UNIT | $3,724 | $1,643 | $2,081 |
| 5 HAIRSTATION COUNTERTOPS | $4,165 | $1,737 | $2,428 |
| SOLAR ARRAY | $77,499 | $13,240 | $64,259 |
| DRIVEWAY & PARKING LOT | $125,549 | $21,447 | $104,102 |
| WOOD AND GUARD RAIL FENCE | $10,310 | $7,045 | $3,265 |
| SIGNS FOR PARKING LOT | $1,604 | $1,097 | $507 |
| REBUILD PORCHES | $5,246 | $1,269 | $3,977 |
| PORCH FLOORS | $2,200 | $1,063 | $1,137 |
| ALDO'S CEILING REPLACE | $5,205 | $1,389 | $3,816 |
| SONIC WALL & MICROSOFT 0365 | $2,504 | $1,044 | $1,460 |
| MITSUBISHI HEAT/COOL SYSTEM | $7,650 | $691 | $6,959 |
| RENOVATIONS TO BUILDING | $13,325 | $1,888 | $11,437 |
| RENOVATIONS TO BUILDING | $12,800 | $3,627 | $9,173 |
| LAND | $69,500 | $0 | $69,500 |
| HEATING/COOLING UNIT CONFERENCE ROOM | $3,850 | $160 | $3,690 |
| REAR CHAIN LINK FENCE | $7,400 | $370 | $7,030 |
| PATIO FURNITURE (TABLE 4 CHAIRS) | $3,034 | $152 | $2,882 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL EXPENSE | CategoryTxt |
| Legal Fees | $2,730 | LegalFeesAmt |
| Net Investment Income | $683 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $2,047 | DisbursementsCharitablePrpsAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (18 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| BOARD FUNCTIONS | $329 | $33 | $296 |
| BOOKS/SUBSCRIPTIONS | $1,160 | $0 | $1,160 |
| CLEANING | $4,280 | $428 | $3,852 |
| CONSULTANT FEES | $31,279 | $31,279 | $0 |
| DUES & MEMBERSHIPS | $6,395 | $640 | $5,755 |
| FILING FEES | $775 | $0 | $775 |
| INSURANCE-GENERAL | $7,275 | $728 | $6,547 |
| MISCELLANEOUS | $646 | $0 | $646 |
| OFFICE FURNITURE | $1,772 | $177 | $1,595 |
| OFFICE SUPPLIES | $2,920 | $292 | $2,628 |
| PARKING | $263 | $26 | $237 |
| PAYROLL SERVICE | $1,376 | $130 | $1,246 |
| RENTAL EXPENSE | $25,573 | $8,963 | $16,610 |
| COMPUTER SERVICE | $1,504 | $150 | $1,354 |
| TELEPHONE | $6,464 | $646 | $5,818 |
| PUBLIC NOTICE | $8 | $0 | $8 |
| POSTAGE & MAILING | $328 | $33 | $295 |
| REPAIRS & MAINTENANCE | $120 | $12 | $108 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail (2 entries)
| DescDesc | AmtAmt |
|---|---|
| UNREALIZED GAIN ON INVESTMENTS | $955,830 |
| RETURNED GRANT | $75,000 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | SECURITY DEPOSITS | Desc |
| BOY Book Value | $600 | BOYBookValueAmt |
| EOY Book Value | $600 | EOYBookValueAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | OTHER PROFESSIONAL FEES | CategoryTxt |
| Amt | $47,436 | Amt |
| Net Investment Income | $47,436 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| FOREIGN TAX | $1,043 | $1,043 | $0 |
| PAYROLL TAX | $14,939 | $1,410 | $13,529 |
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