ROBERT J NOLAN FOUNDATION INC: Form 990PF, tax year 2018
View the entire original 990 at ProPublica ↗
- Organization
- ROBERT J NOLAN FOUNDATION INC (EIN 22-2826285)
- Tax period
- 2018-10-01 to 2019-09-30
- Filed
- 2020-01-02
- IRS object ID
- 202010079349100011
- Schema version
- 2018v3.1
- 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
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Other Expenses Schedule
- Other Liabilities Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2020-01-02T11:41:13-06:00 | ReturnTs |
| Tax Period End | 2019-09-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 141515307 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SEFCO CPA'S LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 16 PINE ST | AddressLine1Txt |
| City | GLENS FALLS | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 128013444 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2018-10-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 222826285 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ROBERT J NOLAN FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | ROBE | BusinessNameControlTxt |
| Phone | 5187924900 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 82 GLENWOOD AVENUE | AddressLine1Txt |
| City | QUEENSBURY | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 12804 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MICHAEL BORGOS | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 5187924900 | PhoneNum |
| Signature | 2019-12-05 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | BRIAN S FLINT CPA | PreparerPersonNm |
| PTIN | P01070105 | PTIN |
| Phone | 5187937783 | PhoneNum |
| Preparation | 2020-01-02 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2018 | 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 | $1,042,788 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $6,641 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $6,641 | InterestOnSavNetInvstIncmAmt |
| Interest On Savings Adj Net Incm | $6,641 | InterestOnSavingsAdjNetIncmAmt |
| Dividends Rev And Expnss | $18,967 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $18,967 | DividendsNetInvstIncmAmt |
| Dividends Adj Net Incm | $18,967 | DividendsAdjNetIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $2,817 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $92,908 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $2,817 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $28,425 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $28,425 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $25,608 | TotalAdjNetIncmAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $3,500 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $3,500 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $1,440 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Chrtbl Prps | $1,440 | AccountingFeesChrtblPrpsAmt |
| Taxes Rev And Expnss | $4,444 | TaxesRevAndExpnssAmt |
| Taxes Dsbrs Chrtbl | $306 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $8,628 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $6,947 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $1,594 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $18,012 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $6,947 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $6,840 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $57,500 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $57,500 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $75,512 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $6,947 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $64,340 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$47,087 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $21,478 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $25,608 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $161 | CashBOYAmt |
| Cash EOY | $196 | CashEOYAmt |
| Cash EOYFMV | $196 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $19,034 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $29,322 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $29,322 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $530,676 | CorporateStockBOYAmt |
| Corporate Stock EOY | $483,705 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $712,526 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $305,304 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $294,946 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $300,744 | CorporateBondsEOYFMVAmt |
| Total Assets BOY | $855,175 | TotalAssetsBOYAmt |
| Total Assets EOY | $808,169 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $1,042,788 | TotalAssetsEOYFMVAmt |
| Other Liabilities BOY | $201 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $282 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $201 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $282 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Retained Earning BOY | $854,974 | RetainedEarningBOYAmt |
| Retained Earning EOY | $807,887 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $854,974 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $807,887 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $855,175 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $808,169 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $854,974 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$47,087 | ExcessRevenueOverExpensesAmt |
| Subtotal | $807,887 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $807,887 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (14 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|
| WESTERN ASSET CORE PLUS BD-1 | P | 2018-01-15 | $4,440 | $4,540 | -$100 | -$100 |
| THE BLACKSTONE GROUP | P | 2018-10-01 | $8,562 | $7,263 | $1,299 | $1,299 |
| MFS INTL DIVERS-FUND-1 | P | 2018-10-01 | $5,000 | $5,003 | -$3 | -$3 |
| OPENHEIMER DEVELOPING MKT TS FUND | P | 2018-10-01 | $5,000 | $5,458 | -$458 | -$458 |
| FEDERATED TOTAL RETURN BOND FUND 32 | P | 2018-10-15 | $4,472 | $4,540 | -$68 | -$68 |
| MFS INTL DIVERS-FUND-1 | P | 2019-01-29 | $5,000 | $5,597 | -$597 | -$597 |
| OPENHEIMER GLOBAL OPP-1 | P | 2019-01-29 | $2,500 | $3,278 | -$778 | -$778 |
| OPENHEIMER DEVELOPING MKT TS FUND | P | 2019-01-29 | $5,000 | $5,641 | -$641 | -$641 |
| INVESCO OPPENHEIMER DEVELP MKT R6 | P | 2019-07-25 | $2,743 | $2,807 | -$64 | -$64 |
| INVESCO OPPENHEIMER OPP R6 | P | 2019-07-25 | $8,000 | $9,617 | -$1,617 | -$1,617 |
| INVESCO OPPENHEIMER OPP R6 | P | 2019-09-05 | $5,721 | $7,443 | -$1,722 | -$1,722 |
| FEDERAL FARM CREDIT BANK 2.85% | P | 2019-08-14 | $15,000 | $14,957 | $43 | $43 |
| GUGGENHEIM TOTAL RETURN BOND FUND | P | 2019-07-25 | $9,105 | $8,917 | $188 | $188 |
| PIMCO SHORT TERM FUND-INSTL | P | 2019-07-25 | $5,000 | $5,030 | -$30 | -$30 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $2,817 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | -$2,457 | NetShortTermCapitalGainLossAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $33,997 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $1,004,580 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.033842 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $36,237 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $954,294 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.037973 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $53,256 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $898,982 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.059240 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $35,226 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $936,834 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.037601 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $48,198 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $941,860 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.051173 | DistributionYr5Rt |
| Total Distribution | 0.219829 | TotalDistributionRt |
| Average Distribution | 0.043966 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $997,964 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $43,876 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $215 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $44,091 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $64,340 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Domestic Org Meeting Sect4940e | Yes (X) | DomesticOrgMeetingSect4940eInd |
| Investment Income Excise Tax | $215 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $215 | SubtotalAmt |
| Tax Based On Investment Income | $215 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $1,380 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $1,380 | TotalPaymentsAndCreditsAmt |
| Overpayment | $1,165 | OverpaymentAmt |
| Applied To ES Tax | $220 | AppliedToESTaxAmt |
| Refund | $945 | RefundAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | NY | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | RJNOLANFOUNDATION.ORG | WebsiteAddressTxt |
| Individual With Books | MICHAEL BORGOS | IndividualWithBooksNm |
| Phone | 5187924900 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 82 GLENWOOD AVENUE | AddressLine1Txt |
| City | QUEENSBURY | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 12804 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (7 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| MICHAEL BORGOS | ||||||||
| 82 GLENWOOD AVE | QUEENSBURY | NY | 12804 | PRESIDENT | 2.00 | $0 | $0 | $0 |
| KEVIN MAHONEY | ||||||||
| 15 COOPER STREET | GLENS FALLS | NY | 12801 | SECRETARY | 2.00 | $0 | $0 | $0 |
| DAVE MORNHINWEG | ||||||||
| 1011 OAKLAKE TRAIL | WATKINSVILLE | GA | 30677 | VICE PRESIDE | 2.00 | $0 | $0 | $0 |
| KATE HOGAN | ||||||||
| 14 COOLIDGE AVENUE | GLENS FALLS | NY | 12801 | DIRECTOR | 2.00 | $0 | $0 | $0 |
| JOHN C MANNIX JR | ||||||||
| 198 CHURCH STREET | SARATOGA SPRINGS | NY | 12866 | TREASURER | 2.00 | $0 | $0 | $0 |
| RICHARD MEATH | ||||||||
| 2 APPLE LANE | QUEENSBURY | NY | 12804 | DIRECTOR | 2.00 | $0 | $0 | $0 |
| LISA BUSHMAN | ||||||||
| 82 GLENWOOD AVENUE | QUEENSBURY | NY | 12804 | ADMINIST. SE | 2.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | N/A | Description1Txt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $1,000,778 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $12,383 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $1,013,161 | TotalFMVOfUnusedAssetsAmt |
| Adjusted Total FMV Of Unused Ast | $1,013,161 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $15,197 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $997,964 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $49,898 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $49,898 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $215 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $215 | TotalTaxAmt |
| Distributable Before Adj | $49,683 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $49,683 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $49,683 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $64,340 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $64,340 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $215 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $64,125 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $49,683 | DistributableAsAdjustedAmt |
| Excess Distribution Cyov Yr5 | $1,607 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr3 | $8,707 | ExcessDistributionCyovYr3Amt |
| Total Excess Distribution Cyov | $10,314 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $64,340 | QualifyingDistributionsAmt |
| Applied To Current Year | $49,683 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $14,657 | RemainingDistriFromCorpusAmt |
| Total Corpus | $24,971 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov From Yr5 | $1,607 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $23,364 | ExcessDistriCyovToNextYrAmt |
| Excess From Year3 | $8,707 | ExcessFromYear3Amt |
| Excess From Current Year | $14,657 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | THE ROBERT J NOLAN FOUNDATION INC | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | MICHAEL BORGOS 82 GLENWOOD AVENUE | AddressLine1Txt |
| City | QUEENSBURY | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 12804 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 5187924900 | RecipientPhoneNum |
| Form And Info And Materials | EACH STUDENT WILL SUBMIT AN APPLICATION FOR CONSIDERATION. THE APPLICATION REQUESTS INFORMATION ON THE FOLLOWING AREAS: 1.EDUCATIONAL ACHIEVEMENT; 2. PARTICIPATION IN HIGH SCHOOL VARSITY ATHLETIC TEAMS; 3. EXTRACURRICULAR SCHOOL-RELATED ACTIVITIES; 4. CIVIC ACTIVITIES; 5. RELIGIOUS ORGANIZATION PARTICIPATION AND 6. FINANCIAL NEED. THE DIRECTORS WOULD USE THE INFORMATION FROM THE APPLICATION TO SELECT RECIPIENTS. | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | ALL APPLICATIONS ARE DUE BY MAY 15, 2019. THE FOUNDATION WILL PUBLICIZE THE EXISTENCE OF THE SCHOLAR | SubmissionDeadlinesTxt |
| Restrictions On Awards | THE ROBERT J NOLAN FOUNDATION, INC. WILL AWARD SCHOLARSHIPS TO INDIVIDUALS ATTENDING SECONDARY SCHOOLS WHO ARE FROM THE GREATER GLENS FALLS AREA. SCHOLARSHIPS ARE AWARDED TO THE WELL-BALANCED STUDENT WITH A SPECIAL EMPHASIS ON PARTICIPATION IN VARSITY ATHLETIC TEAMS AND THE EXPRESSED INTENTION OF PARTICIPATION IN ORGANIZED ATHLETIC TEAMS AND ENDEAVORS AT THE UNDERGRADUATE AND/OR GRADUATE LEVEL. | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (10 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| HAYLEY BREEYEAR | ||||||
| 45 SEMINARY STREET | FORT EDWARD | NY | 12828 | NONE | SCHOLARSHIP | $7,500 |
| MIA COTE | ||||||
| 1 FAXON ST | GLENS FALLS | NY | 12801 | NONE | SCHOLARSHIP | $7,500 |
| STEPHEN ACKERMAN | ||||||
| 33 BARBARA MAC D DR | CORINTH | NY | 12822 | NONE | SCHOLARSHIP | $5,000 |
| HANNAH MAGER | ||||||
| 34 COLLETTE LANE | HUDSON FALLS | NY | 12839 | NONE | SCHOLARSHIP | $5,000 |
| AARON MESSINA | ||||||
| 37 EDGEWOOD DR | QUEENSBURY | NY | 12804 | NONE | SCHOLARSHIP | $7,500 |
| LAUREN HAUSER | ||||||
| 22 LOGAN AVE APT B | GLENS FALLS | NY | 12801 | NONE | SCHOLARSHIP | $2,500 |
| CODY YORK | ||||||
| 91 YORK RD | CORINTH | NY | 12822 | NONE | SCHOLARSHIP | $2,500 |
| BRIAN BEYERBACH | ||||||
| 6 SHERWOOD DRIVE | QIEENSBURY | NY | 12804 | NONE | SCHOLARSHIP | $5,000 |
| MACKENZIE COLLIER | ||||||
| 523 SELFRIDGE ROAD | GANSEVOORT | NY | 12831 | NONE | SCHOLARSHIP | $7,500 |
| BRANDON BONDY | ||||||
| 65 SARA JEN DR | QUEENSBURY | NY | 12804 | NONE | SCHOLARSHIP | $7,500 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $57,500 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $6,641 | RelatedOrExemptFunctionIncmAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $18,967 | RelatedOrExemptFunctionIncmAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $2,817 | RelatedOrExemptFunctionIncmAmt |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | FEDERAL 990-PF REFUND | Desc |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $28,425 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $28,425 | TotalIncomeProducingActyAmt |
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp (3 entries)
| Line NumberLineNumberTxt | Relationship StatementRelationshipStatementTxt |
|---|---|
| 3 | THE ROBERT J. NOLAN FOUNDATION, INC. WAS FORMED ON |
| 4 | DECEMBER 18, 1986 FOR THE PURPOSE OF DISBURSING |
| 8 | EDUCATIONAL ASSISTANCE TO GRADUATE AND UNDERGRADUATE STUDENTS FROM THE GREATER GLENS FALLS AREA. THE RECIPIENTS MUST BE QUALIFIED IN THE FOLLOWING AREAS: EDUCATIONAL ACHIEVEMENT; PARTICIPATION IN HIGH SCHOOL VARSITY TEAMS; EXTRA-CURRICULAR SCHOOL-RELATED ACTIVITIES; RELIGIOUS ORGANIZATION PARTICIPATION AND FINANCIAL NEED. ROBERT J. NOLAN MADE A GIFT OF STOCK IN A NEW YORK CORPORATION, COLONIAL CABLEVISION, INC., WHICH STOCK WAS VALUED AT AND WAS SOLD FOR 1,000,000.00. NO OTHER FINANCIAL SUPPORT FOR THE FOUNDATION EXISTS. |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | FEES PAID FOR PREPARATION OF 990 | CategoryTxt |
| Amt | $1,440 | Amt |
| Disbursements Charitable Prps | $1,440 | DisbursementsCharitablePrpsAmt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY Book Value | $294,946 | EOYBookValueAmt |
| EOYFMV | $300,744 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY Book Value | $483,705 | EOYBookValueAmt |
| EOYFMV | $712,526 | EOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (7 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| EXPENSES | |||
| BANK INVESTMENT FEES | $6,947 | $6,947 | |
| FILING FEES | $250 | $250 | |
| INSURANCE | $924 | $924 | |
| OFFICE EXPENSE | $110 | $110 | |
| ADVERTISING | $310 | $310 | |
| PENALTY& INTEREST | $87 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PAYROLL LIABILITIES | Desc |
| BOY Book Value | $201 | BOYBookValueAmt |
| EOY Book Value | $282 | EOYBookValueAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|
| FORM 990-PF | $4,138 | |
| PAYROLL TAXES | $306 | $306 |
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