SEAN AND CATHY HANLON FOUNDATION INC: Form 990PF, tax year 2019

View the entire original 990 at ProPublica ↗

Organization
SEAN AND CATHY HANLON FOUNDATION INC (EIN 47-2415209)
Tax period
2019-01-01 to 2019-12-31
Filed
2020-05-07
IRS object ID
202031289349100618
Schema version
2019v5.0
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 ReturnHeader

FieldValueIRS element (for citing)
Return2020-05-07T08:48:35-07:00ReturnTs
Tax Period End2019-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN222905090PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Paul S Bauer CPA PABusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11601 Tilton Road Ste 5AddressLine1Txt
CityNorthfieldCityNm
State AbbreviationNJStateAbbreviationCd
ZIP08225ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2019-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN472415209EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1The Sean and Cathy HanlonBusinessNameLine1Txt
Business Name Line2Foundation IncBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlSEANBusinessNameControlTxt
Phone6096011200PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line13393 Bargaintown RoadAddressLine1Txt
CityEgg Harbor TownshipCityNm
State AbbreviationNJStateAbbreviationCd
ZIP08234ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJohn J Hanlon IVPersonNm
Person TitleTrusteePersonTitleTxt
Signature2020-05-07SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonPaul BauerPreparerPersonNm
PTINP01202995PTIN
Phone6096452888PhoneNum
FieldValueIRS element (for citing)
Tax2019TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$520,762FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Dividends Rev And Expnss$13,548DividendsRevAndExpnssAmt
Dividends Net Invst Incm$13,548DividendsNetInvstIncmAmt
Dividends Adj Net Incm$13,548DividendsAdjNetIncmAmt
Net Gain Sale Ast Rev And Expnss-$4,173NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$168,750GrossSalesPriceAmt
Total Rev And Expnss$9,375TotalRevAndExpnssAmt
Total Net Invst Incm$13,548TotalNetInvstIncmAmt
Total Adj Net Incm$13,548TotalAdjNetIncmAmt
Taxes Rev And Expnss$219TaxesRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss$219TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$60,250ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$60,250ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$60,469TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$60,250TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$51,094ExcessRevenueOverExpensesAmt
Net Investment Income$13,548NetInvestmentIncomeAmt
Adjusted Net Income$13,548AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$40,992SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$31,923SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$31,923SavAndTempCashInvstEOYFMVAmt
Corporate Stock EOYFMV$488,839CorporateStockEOYFMVAmt
Other Investments BOY$517,880OtherInvestmentsBOYAmt
Other Investments EOY$475,855OtherInvestmentsEOYAmt
Total Assets BOY$558,872TotalAssetsBOYAmt
Total Assets EOY$507,778TotalAssetsEOYAmt
Total Assets EOYFMV$520,762TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY$558,872NoDonorRstrNetAssestsBOYAmt
Tot Net Ast Or Fund Balances BOY$558,872TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$507,778TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$558,872TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$507,778TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$558,872TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$51,094ExcessRevenueOverExpensesAmt
Subtotal$507,778SubtotalAmt
Tot Net Ast Or Fund Balances EOY$507,778TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)

PropertyPropertyDescHow AcquiredHowAcquiredCdAcquiredAcquiredDtSoldSoldDtGross Sales PriceGrossSalesPriceAmtCost Or Other BasisCostOrOtherBasisAmtGain Or LossGainOrLossAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
Sale of Investments - STP2019-01-012019-12-31$61,374$61,400-$26-$26
Sale of Investments - LTP2000-01-012019-12-31$107,376$111,523-$4,147-$4,147
FieldValueIRS element (for citing)
Capital Gain Net Income-$4,173CapitalGainNetIncomeAmt
Net Short Term Capital Gain Loss-$26NetShortTermCapitalGainLossAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$401,532AdjustedQlfyDistriYr1Amt
Adjusted Qlfy Distri Yr2$558,552AdjustedQlfyDistriYr2Amt
Adjusted Qlfy Distri Yr3$454,637AdjustedQlfyDistriYr3Amt
Adjusted Qlfy Distri Yr4$449,468AdjustedQlfyDistriYr4Amt
Net Investment Income Pct$135NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$135AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$60,250QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Domestic Org Meeting Sect4940eYes (X)DomesticOrgMeetingSect4940eInd
Investment Income Excise Tax$135InvestmentIncomeExciseTaxAmt
Subtotal$135SubtotalAmt
Tax Based On Investment Income$135TaxBasedOnInvestmentIncomeAmt
Tax Due$135TaxDueAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedfalseSection508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1John J Hanlon IVBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone6096011200PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line13393 Bargaintown Road - Suite 200AddressLine1Txt
CityEgg Harbor TownshipCityNm
State AbbreviationNJStateAbbreviationCd
ZIP08234ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Acts Fail To Qlfy As ExceptionsfalseActsFailToQlfyAsExceptionsInd
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
Undistributed Income PYfalseUndistributedIncomePYInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (4 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmt
John J Hanlon IV
127 Harbor RoadMarmoraNJ08223Trustee0.00$0
Cathy L Hanlon
127 Harbor RoadMarmoraNJ08223Trustee0.00$0
John J Hanlon V
127 Harbor RoadMarmoraNJ08223Trustee0.00$0
Erin S Hanlon
127 Harbor RoadMarmoraNJ08223Trustee0.00$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

FieldValueIRS element (for citing)
Description1Nicklaus Childrens Health SystemDescription1Txt
Expenses1$11,000Expenses1Amt
Description2Atlantic City Rescue MissionDescription2Txt
Expenses2$4,500Expenses2Amt
Description3Beacon Animal RescueDescription3Txt
Expenses3$3,700Expenses3Amt
Description4The Lost Tree Village Charitable FoundationDescription4Txt
Expenses4$3,500Expenses4Amt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$0AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$0AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$0TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$0AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$0CashDeemedCharitableAmt
Net Vl Noncharitable Assets$0NetVlNoncharitableAssetsAmt
Minimum Investment Return$0MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Tax Based On Investment Income$135TaxBasedOnInvestmentIncomeAmt
Total Tax$135TotalTaxAmt
Distributable Before Adj$135DistributableBeforeAdjAmt
Distributable Before Ded$135DistributableBeforeDedAmt
Distributable As Adjusted$0DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$60,250ExpensesAndContributionsAmt
Qualifying Distributions$60,250QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm$135PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri$60,115AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$0DistributableAsAdjustedAmt
Excess Distribution Cyov Yr4$449,468ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$454,674ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$558,617ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$401,751ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$1,864,510TotalExcessDistributionCyovAmt
Qualifying Distributions$60,250QualifyingDistributionsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Remaining Distri From Corpus$60,250RemainingDistriFromCorpusAmt
Total Corpus$1,924,760TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$1,924,760ExcessDistriCyovToNextYrAmt
Excess From Year4$449,468ExcessFromYear4Amt
Excess From Year3$454,674ExcessFromYear3Amt
Excess From Year2$558,617ExcessFromYear2Amt
Excess From Year1$401,751ExcessFromYear1Amt
Excess From Current Year$60,250ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

Application Submission Info ApplicationSubmissionInfoGrp

FieldValueIRS element (for citing)
Recipient PersonThe Sean and Cathy Hanlon FoundatioRecipientPersonNm

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line13393 Bargaintown Road 200AddressLine1Txt
CityEgg Harbor TownshipCityNm
State AbbreviationNJStateAbbreviationCd
ZIP08234ZIPCd
FieldValueIRS element (for citing)
Recipient Phone6096011200RecipientPhoneNum
Form And Info And MaterialsN/AFormAndInfoAndMaterialsTxt
Submission DeadlinesN/ASubmissionDeadlinesTxt
Restrictions On AwardsN/ARestrictionsOnAwardsTxt

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp

FieldValueIRS element (for citing)
Recipient PersonMiscelaneous 501c3 OrganizationsRecipientPersonNm

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line1VariousAddressLine1Txt
CityVariousCityNm
State AbbreviationNJStateAbbreviationCd
ZIP08232ZIPCd
FieldValueIRS element (for citing)
Recipient Foundation StatusNCRecipientFoundationStatusTxt
Grant Or Contribution PurposeCharitable PurposesGrantOrContributionPurposeTxt
Amt$60,250Amt
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$60,250TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$13,548RelatedOrExemptFunctionIncmAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm-$4,173RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$9,375RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$9,375TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryFederal Income TaxCategoryTxt
Amt$219Amt

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