THE HAROLD B & DOROTHY A SNYDER FOUNDATION: Form 990PF, tax year 2018
View the entire original 990 at ProPublica ↗
- Organization
- THE HAROLD B & DOROTHY A SNYDER FOUNDATION (EIN 22-2316043)
- Tax period
- 2018-10-01 to 2019-09-30
- Filed
- 2020-02-13
- IRS object ID
- 202030449349100503
- 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
- Depreciation Schedule
- Expln Of Non Filing With AG Stmt
- Investments Land Schedule2
- Investments Other Schedule2
- Legal Fees Schedule
- Other Assets Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2020-02-13T10:00:29-06:00 | ReturnTs |
| Tax Period End | 2019-09-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 221732349 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WISS & COMPANY LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 100 CAMPUS DRIVE | AddressLine1Txt |
| City | FLORHAM PARK | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07932 | 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 | 222316043 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HAROLD B & DOROTHY A SNYDER FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | SNYD | BusinessNameControlTxt |
| Phone | 7174315671 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | P O BOX 169 | AddressLine1Txt |
| City | SILVER SPRING | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 175750169 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | PAUL CORTESE | PersonNm |
| Person Title | EXECUTIVE DIRECTOR | PersonTitleTxt |
| Phone | 7328870001 | PhoneNum |
| Signature | 2020-02-12 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | DIANA MILLER | PreparerPersonNm |
| PTIN | P01597612 | PTIN |
| Phone | 9739949400 | PhoneNum |
| 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 | $13,582,131 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Dividends Rev And Expnss | $241,591 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $241,591 | DividendsNetInvstIncmAmt |
| Gross Rents Rev And Expnss | $194,472 | GrossRentsRevAndExpnssAmt |
| Gross Rents Net Invst Incm | $194,472 | GrossRentsNetInvstIncmAmt |
| Net Rental Income Or Loss | $194,472 | NetRentalIncomeOrLossAmt |
| Net Gain Sale Ast Rev And Expnss | $456,705 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $896,268 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $456,705 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $892,768 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $892,768 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $160,000 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $128,000 | CompOfcrDirTrstDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $848 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Net Invst Incm | $0 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $678 | PensionEmplBnftDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $18,451 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $3,690 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $12,916 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $21,865 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $4,373 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $17,492 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $42,085 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $39,877 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $1,026 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $28,614 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $0 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $8,346 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $2,359 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $2,359 | DeprecAndDpltnNetInvstIncmAmt |
| Trav Conf Meeting Rev And Expnss | $16,958 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $1,696 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $13,566 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $22,280 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $2,433 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $17,369 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $313,460 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $54,428 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $199,393 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $649,133 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $649,133 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $962,593 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $54,428 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $848,526 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$69,825 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $838,340 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $72,871 | CashBOYAmt |
| Cash EOY | $6,882 | CashEOYAmt |
| Cash EOYFMV | $6,882 | CashEOYFMVAmt |
| Sav And Temp Cash Invst EOY | $79,984 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $79,984 | SavAndTempCashInvstEOYFMVAmt |
| Prepaid Expenses BOY | $7,813 | PrepaidExpensesBOYAmt |
| Prepaid Expenses EOY | $6,069 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $6,069 | PrepaidExpensesEOYFMVAmt |
| Invst Land Cost Or Other Basis | $1,514,860 | InvstLandCostOrOtherBasisAmt |
| Invst Land Accum Depreciation | $691,679 | InvstLandAccumDepreciationAmt |
| Land Bldg Investments BOY | $825,540 | LandBldgInvestmentsBOYAmt |
| Land Bldg Investments EOY | $823,181 | LandBldgInvestmentsEOYAmt |
| Land Bldg Investments EOYFMV | $2,100,000 | LandBldgInvestmentsEOYFMVAmt |
| Other Investments BOY | $11,421,238 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $10,880,552 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $10,880,552 | OtherInvestmentsEOYFMVAmt |
| Other Assets BOY | $507,063 | OtherAssetsBOYAmt |
| Other Assets EOY | $508,644 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $508,644 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $12,834,525 | TotalAssetsBOYAmt |
| Total Assets EOY | $12,305,312 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $13,582,131 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $15,326 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $10,348 | AccountsPayableEOYAmt |
| Grants Payable BOY | $225,000 | GrantsPayableBOYAmt |
| Grants Payable EOY | $225,000 | GrantsPayableEOYAmt |
| Other Liabilities BOY | $99,004 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $99,004 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $339,330 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $334,352 | TotalLiabilitiesEOYAmt |
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
| Unrestricted BOY | $12,495,195 | UnrestrictedBOYAmt |
| Unrestricted EOY | $11,970,960 | UnrestrictedEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $12,495,195 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $11,970,960 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $12,834,525 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $12,305,312 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $12,495,195 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$69,825 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $12,425,370 | SubtotalAmt |
| Other Decreases | $454,410 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $11,970,960 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)
| PropertyPropertyDesc | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | How AcquiredHowAcquiredCd |
|---|---|---|---|---|---|
| VANGUARD | $675,000 | $439,563 | $235,437 | $235,437 | |
| CAPITAL GAINS DIVIDENDS | $221,268 | $221,268 | $221,268 | P |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $456,705 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | 0 | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $409,560 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $12,507,530 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.032745 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $526,728 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $12,164,285 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.043301 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $184,729 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $11,367,357 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.016251 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $164,387 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $11,533,886 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.014253 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $445,198 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $10,594,624 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.042021 | DistributionYr5Rt |
| Total Distribution | 0.148571 | TotalDistributionRt |
| Average Distribution | 0.029714 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $12,893,875 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $383,129 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $8,383 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $391,512 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $848,526 | 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 | $8,383 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $8,383 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $8,383 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $9,900 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $9,900 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $1,517 | OverpaymentAmt |
| Applied To ES Tax | $1,517 | 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 |
| Form990 PF Filed With Atty Gen | 0 | 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 | WWW.SNYDERFOUNDATION.COM | WebsiteAddressTxt |
| Individual With Books | MALESARDI QUACKENBUSH SWIFT AND C | IndividualWithBooksNm |
| Phone | 2015674100 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 155 N DEAN STREET SUITE 5 | AddressLine1Txt |
| City | ENGLEWOOD | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07631 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (9 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 |
|---|---|---|---|---|---|---|---|---|
| RAY CORTESE | ||||||||
| PO BOX 169 | SILVER SPRING | PA | 175750169 | CHAIRPERSON | 1.00 | $4,000 | $0 | $0 |
| J VERNON WHITTENBURG | ||||||||
| PO BOX 169 | SILVER SPRING | PA | 175750169 | SECRETARY | 1.00 | $4,000 | $0 | $0 |
| LAURA STAMMEL | ||||||||
| PO BOX 169 | SILVER SPRING | PA | 175750169 | TREASURER | 2.00 | $5,000 | $0 | $0 |
| JOHN NOLAN | ||||||||
| PO BOX 169 | SILVER SPRING | PA | 175750169 | TRUSTEE | 1.00 | $3,000 | $0 | $0 |
| ARLINE S CORTESE | ||||||||
| PO BOX 169 | SILVER SPRING | PA | 175750169 | TRUSTEE | 1.00 | $2,000 | $0 | $0 |
| RICHARD CORTESE | ||||||||
| PO BOX 169 | SILVER SPRING | PA | 175750169 | TRUSTEE | 1.00 | $4,000 | $0 | $0 |
| ETHEL WASHINGTON | ||||||||
| PO BOX 169 | SILVER SPRING | PA | 175750169 | TRUSTEE | 1.00 | $3,000 | $0 | $0 |
| SHANNON CORTESE | ||||||||
| PO BOX 169 | SILVER SPRING | PA | 175750169 | TRUSTEE | 2.00 | $4,000 | $0 | $0 |
| PAUL CORTESE | ||||||||
| PO BOX 169 | SILVER SPRING | PA | 175750169 | EXEC. DIRECTOR | 40.00 | $139,000 | $0 | $0 |
Compensation Highest Paid Empl CompensationHighestPaidEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | PAUL CORTESE | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 169 | AddressLine1Txt |
| City | SILVER SPRING | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 175750169 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Title | EXEC. DIRECTOR | TitleTxt |
| Average Hrs Per Wk Devoted To Pos | 40.00 | AverageHrsPerWkDevotedToPosRt |
| Compensation | $139,000 | CompensationAmt |
| Employee Benefits | $0 | EmployeeBenefitsAmt |
| Expense Account | $0 | ExpenseAccountAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| 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 | $10,885,295 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $104,933 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $2,100,000 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $13,090,228 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $13,090,228 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $196,353 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $12,893,875 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $644,694 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $644,694 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $8,383 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $8,383 | TotalTaxAmt |
| Distributable Before Adj | $636,311 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $636,311 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $636,311 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $848,526 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $848,526 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $8,383 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $840,143 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $636,311 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $52,375 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $848,526 | QualifyingDistributionsAmt |
| Applied To Year1 | $52,375 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $636,311 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $159,840 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $159,840 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $159,840 | ExcessDistriCyovToNextYrAmt |
| Excess From Current Year | $159,840 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (14 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| NEW JERSEY INSTITUTE OF TECHNOLOGY UNIVERSITY | |||||||
| 141 SUMMIT STREET | NEWARK | NJ | 07102 | NONE | UNIVERSITY | COLLEGE SCHOLARSHIPS - SPRING 2019 , FALL 2019 AND MATCHING GIFT FOR UNDERGRADUATE RESEARCH & INNOVATION PROGRAM. | $40,000 |
| SETON HALL UNIVERSITY | |||||||
| 400 SOUTH ORANGE AVENUE | SOUTH ORANGE | NJ | 07079 | NONE | UNIVERSITY | COLLEGE SCHOLARSHIPS | $27,500 |
| KEAN UNIVERSITY FOUNDATION | |||||||
| 1000 MORRIS AVENUE | UNION | NJ | 07083 | NONE | UNIVERSITY | COLLEGE SCHOLARSHIPS | $32,500 |
| BLOOMFIELD COLLEGE | |||||||
| 467 FRANKLIN ST | BLOOMFIELD | NJ | 07003 | NONE | COLLEGE | COLLEGE SCHOLARSHIPS | $40,500 |
| NEWARK BOYS CHORUS SCHOOL | |||||||
| 1016 BROAD ST | NEWARK | NJ | 07102 | NONE | SCHOOL | 20 MINI IPADS, 24 CHROMEBOOKS, CHROMEBOOK CHARGING STATION, EQUIPMENT UPGRADES, RECORDING EQUIPMENT | $23,950 |
| PRINCETON THEOLOGICAL SEMINARY | |||||||
| 64 MERCER ST | PRINCETON | NJ | 085420803 | NONE | RELIGIOUS SEMINARY | COLLEGE SCHOLARSHIPS | $5,000 |
| TRINITAS HEALTH FOUNDATION | |||||||
| PO BOX 259 | ELIZABETH | NJ | 072070259 | NONE | MEDICAL CENTER | YOUTH NURSING STATION | $150,000 |
| COLLEGE OF ST ELIZABETH | |||||||
| 2 CONVENT RD | MORRISTOWN | NJ | 07960 | NONE | COLLEGE | LAB SIMULATION EQUIPMENT AND GRANT | $122,253 |
| COVENANT HOUSE | |||||||
| 231 COURT ST | ELIZABETH | NJ | 07206 | NONE | HOMELESS YOUTH SHELT | GRANT FOR RAPHAEL'S LIFE HOUSE | $44,030 |
| ELIZABETH COALITION TO HOUSE THE HOMELESS | |||||||
| 118 DIVISION ST | ELIZABETH | NJ | 07201 | NONE | HOMELESS SHELTER | AFTER SCHOOL PROGRAM; SUMMER PROGRAM; COMPUTER, INFORMATION WORKSHOP, MUSICAL INSTRUCTION | $25,000 |
| ELIZABETH PUBLIC LIBRARY | |||||||
| 11 S BROAD ST | ELIZABETH | NJ | 07202 | NONE | PUBLIC LIBRARY | 1 YR SUPPORT FOR TUMBLE MATH; READ SQUADS; PERFORMER SUPPORT | $7,400 |
| ELIZABETHPORT PRESBYTERIAN CENTER | |||||||
| 178-184 FIRST ST | ELIZABETH | NJ | 07206 | NONE | CHILD CARE CENTER | 2 GRANTS: A) USED BUS; B) EPCENTER PROGRAMS | $59,000 |
| MERCY CENTER - SISTERS ACADEMY | |||||||
| 1416 SPRINGWOOD AVE | ASBURY PARK | NJ | 07712 | NONE | GIRLS ACADEMY | WATER SEEPAGE/DRAINAGE REPAIR; ALL-PURPOSE ROOM-UPDATE LED LIGHTING; NEW TABLE/CHAIRS FOR ALL-PURPOSE ROOM; SPORTS EQUIPMENT/GYM WEIGHTS | $57,000 |
| STEVENS INSTITUTE OF TECHNOLOGY | |||||||
| 1 CASTLE POINT TERRACE | HOBOKEN | NJ | 07030 | NONE | COLLEGE | HIGH SCHOOL STEM SUMMER PROJECT SUPPORT | $15,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $649,133 | 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 | $241,591 | ExclusionAmt |
Net Rntl Incm Re Not Debt Fincd Prop NetRntlIncmReNotDebtFincdProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 16 | ExclusionCd |
| Exclusion | $194,472 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $456,705 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $892,768 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $892,768 | 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 | CategoryTxt |
| Amt | $21,865 | Amt |
| Net Investment Income | $4,373 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $17,492 | DisbursementsCharitablePrpsAmt |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp (3 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | Cost Or Other BasisCostOrOtherBasisAmt | Computation MethodComputationMethodTxt | Current Year ExpenseCurrentYearExpenseAmt | Net Investment IncomeNetInvestmentIncomeAmt | Prior Year DepreciationPriorYearDepreciationAmt | LifeLifeRt |
|---|---|---|---|---|---|---|---|
| LAND | 1979-01-01 | $776,600 | L | $0 | $0 | ||
| BUILDING | 1979-01-01 | $673,400 | SL | $0 | $0 | $673,400 | 27.500000000000 |
| BUILDING IMPROVEMENT | 2012-01-01 | $64,860 | SL | $2,359 | $2,359 | $15,920 | 27.500000000000 |
Expln Of Non Filing With AG Stmt ExplnOfNonFilingWithAGStmt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | THE STATE OF NEW JERSEY HAS NO REGISTRATION REQUIREMENT FOR AN ORGANIZATION WHICH DOES NOT EXCEED $10,000 IN GROSS PUBLIC CONTRIBUTIONS FOR THE CURRENT FISCAL YEAR. | ExplanationTxt |
Investments Land Schedule2 InvestmentsLandSchedule2
Investment Land InvestmentLandGrp (3 entries)
| Category Or ItemCategoryOrItemTxt | Cost Or Other BasisCostOrOtherBasisAmt | Accumulated DepreciationAccumulatedDepreciationAmt | Book ValueBookValueAmt |
|---|---|---|---|
| LAND | $776,600 | $0 | $776,600 |
| BUILDING | $673,400 | $673,400 | $0 |
| BUILDING IMPROVEMENT | $64,860 | $18,279 | $46,581 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (2 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| VANGUARD | FMV | $10,878,052 | $10,878,052 |
| INVESTMENTS IN AMWELL VALLEY CO | FMV | $2,500 | $2,500 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL | CategoryTxt |
| Legal Fees | $18,451 | LegalFeesAmt |
| Net Investment Income | $3,690 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $12,916 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | DEFERRED RENT | Desc |
| BOY Book Value | $507,063 | BOYBookValueAmt |
| EOY Book Value | $508,644 | EOYBookValueAmt |
| EOYFMV | $508,644 | EOYFMVAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | UNREALIZED LOSS ON SECURITIES | Desc |
| Amt | $454,410 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| OFFICE | $4,098 | $615 | $3,278 |
| MISCELLANEOUS | $18,182 | $1,818 | $14,091 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | SECURITY DEPOSITS | Desc |
| BOY Book Value | $99,004 | BOYBookValueAmt |
| EOY Book Value | $99,004 | EOYBookValueAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| CONTRACT SERVICES | $2,208 | $0 | $1,026 |
| INVESTMENT FEES | $21,377 | $21,377 | $0 |
| FINANCIAL CONSULTANTS | $18,500 | $18,500 | $0 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| EXCISE TAX | $18,181 | $0 | $0 |
| FICA | $10,433 | $0 | $8,346 |
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