RILEY FAMILY FOUNDATION: Form 990PF, tax year 2019

View the entire original 990 at ProPublica ↗

Organization
RILEY FAMILY FOUNDATION (EIN 82-3802429)
Tax period
2019-01-01 to 2019-12-31
Filed
2020-09-14
IRS object ID
202002589349100010
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)
Return2020-09-14T14:22:53-07:00ReturnTs
Tax Period End2019-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN232667572PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1F X Duffy & CoBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line14265 Kelly DriveAddressLine1Txt
CityPhiladelphiaCityNm
State AbbreviationPAStateAbbreviationCd
ZIP191291722ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2019-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN823802429EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1RILEY FAMILY FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlRILEBusinessNameControlTxt
Phone2154388400PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 461AddressLine1Txt
CityVALLEY FORGECityNm
State AbbreviationPAStateAbbreviationCd
ZIP19481ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonBARBARA RILEYPersonNm
Person TitleVice PresidentPersonTitleTxt
Signature2020-09-14SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonKevin P Duffy CPAPreparerPersonNm
PTINP00631186PTIN
Phone2154388400PhoneNum
FieldValueIRS element (for citing)
Tax2019TaxYr
Build TS2022-01-07 14:23:13ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$19,918,742FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss$6,045InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$6,045InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm$6,045InterestOnSavingsAdjNetIncmAmt
Dividends Rev And Expnss$555,820DividendsRevAndExpnssAmt
Dividends Net Invst Incm$555,820DividendsNetInvstIncmAmt
Dividends Adj Net Incm$555,820DividendsAdjNetIncmAmt
Net Gain Sale Ast Rev And Expnss$25NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$3,927GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$25CapGainNetIncmNetInvstIncmAmt
Net ST Capital Gain Adj Net Incm$25NetSTCapitalGainAdjNetIncmAmt
Total Rev And Expnss$561,890TotalRevAndExpnssAmt
Total Net Invst Incm$561,890TotalNetInvstIncmAmt
Total Adj Net Incm$561,890TotalAdjNetIncmAmt
Taxes Rev And Expnss$22,439TaxesRevAndExpnssAmt
Other Expenses Rev And Expnss$148OtherExpensesRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss$22,587TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$953,600ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$953,600ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$976,187TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$953,600TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$414,297ExcessRevenueOverExpensesAmt
Net Investment Income$561,890NetInvestmentIncomeAmt
Adjusted Net Income$561,890AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$10,025CashBOYAmt
Cash EOY$37,113CashEOYAmt
Cash EOYFMV$37,113CashEOYFMVAmt
Sav And Temp Cash Invst BOY$1,197,672SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$204,742SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$204,742SavAndTempCashInvstEOYFMVAmt
US Government Obligations BOY$19,123,841USGovernmentObligationsBOYAmt
Other Investments BOY$1,501OtherInvestmentsBOYAmt
Other Investments EOY$19,676,887OtherInvestmentsEOYAmt
Other Investments EOYFMV$19,676,887OtherInvestmentsEOYFMVAmt
Total Assets BOY$20,333,039TotalAssetsBOYAmt
Total Assets EOY$19,918,742TotalAssetsEOYAmt
Total Assets EOYFMV$19,918,742TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Capital Stock BOY$20,333,039CapitalStockBOYAmt
Capital Stock EOY$19,918,742CapitalStockEOYAmt
Tot Net Ast Or Fund Balances BOY$20,333,039TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$19,918,742TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$20,333,039TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$19,918,742TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$20,333,039TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$414,297ExcessRevenueOverExpensesAmt
Subtotal$19,918,742SubtotalAmt
Tot Net Ast Or Fund Balances EOY$19,918,742TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp

FieldValueIRS element (for citing)
PropertyUST BILLPropertyDesc
How AcquiredPHowAcquiredCd
Acquired2018-10-29AcquiredDt
Sold2019-01-08SoldDt
Gross Sales Price$3,927GrossSalesPriceAmt
Cost Or Other Basis$3,902CostOrOtherBasisAmt
Gain Or Loss$25GainOrLossAmt
Gains Minus Excess Or Losses$25GainsMinusExcessOrLossesAmt
FieldValueIRS element (for citing)
Capital Gain Net Income$25CapitalGainNetIncomeAmt
Net Short Term Capital Gain Loss$25NetShortTermCapitalGainLossAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$11,238InvestmentIncomeExciseTaxAmt
Subtotal$11,238SubtotalAmt
Tax Based On Investment Income$11,238TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$11,500EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits$11,500TotalPaymentsAndCreditsAmt
Form2220 AttachedYes (X)Form2220AttachedInd
Es Penalty$82EsPenaltyAmt
Overpayment$180OverpaymentAmt
Applied To ES Tax$180AppliedToESTaxAmt

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
Org Report Or Register StateDEOrgReportOrRegisterStateCd
Org Report Or Register StatePAOrgReportOrRegisterStateCd
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 Line1BARBARA RILEYBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone2154388400PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 461AddressLine1Txt
CityVALLEY FORGECityNm
State AbbreviationPAStateAbbreviationCd
ZIP194810461ZIPCd
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 (6 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmt
BRIAN RILEY
PO BOX 461VALLEY FORGEPA19481President1.00$0
BARBARA RILEY
PO BOX 461VALLEY FORGEPA19481Vice President1.00$0
BRIAN RILEY
PO BOX 461VALLEY FORGEPA19481Treasurer1.00$0
BRIAN RILEY
PO BOX 461VALLEY FORGEPA19481Director1.00$0
BARBARA RILEY
PO BOX 461VALLEY FORGEPA19481Secretary1.00$0
BARBARA RILEY
PO BOX 461VALLEY FORGEPA19481Director1.00$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$19,471,524AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$370,740AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$19,842,264TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$19,842,264AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$297,634CashDeemedCharitableAmt
Net Vl Noncharitable Assets$19,544,630NetVlNoncharitableAssetsAmt
Minimum Investment Return$977,232MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$977,232MinimumInvestmentReturnAmt
Tax Based On Investment Income$11,238TaxBasedOnInvestmentIncomeAmt
Total Tax$11,238TotalTaxAmt
Distributable Before Adj$965,994DistributableBeforeAdjAmt
Distributable Before Ded$965,994DistributableBeforeDedAmt
Distributable As Adjusted$965,994DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$953,600ExpensesAndContributionsAmt
Qualifying Distributions$953,600QualifyingDistributionsAmt
Adjusted Qualifying Distri$953,600AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$965,994DistributableAsAdjustedAmt
Undistributed Income PY$923,822UndistributedIncomePYAmt
Qualifying Distributions$953,600QualifyingDistributionsAmt
Applied To Year1$923,822AppliedToYear1Amt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$29,778AppliedToCurrentYearAmt
Undistributed Income CY$936,216UndistributedIncomeCYAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerBRIAN RILEYContributingManagerNm

Application Submission Info ApplicationSubmissionInfoGrp

FieldValueIRS element (for citing)
Recipient PersonRILEY FAMILY FOUNDATIONRecipientPersonNm

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 461AddressLine1Txt
CityVALLEY FORGECityNm
State AbbreviationPAStateAbbreviationCd
ZIP19481ZIPCd
FieldValueIRS element (for citing)
Recipient Phone2154388400RecipientPhoneNum
Recipient Email AddressnoneRecipientEmailAddressTxt
Form And Info And MaterialsAPPLICATION SHOULD BE SUBMITED IN WRITING TO THE ADDRESS OF THE FOUNDATION.FormAndInfoAndMaterialsTxt
Submission DeadlinesNONESubmissionDeadlinesTxt
Restrictions On AwardsAwards will only be made to religious and educational organizations that are recognized as tax exempt charitable organizations underSection 501(c)(3) of the Internal Revenue Code of 1986.RestrictionsOnAwardsTxt

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (9 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
AMIGOS DE JESUS
2200 BYBERRY ROAD SUITE 110HATBOROPA19040NONEPCASSISTANCE TO AN ORPHANAGE$12,000
MALVERN PREP
418 S WARREN AVENUEMALVERNPA19355NONEPCASSISTANCE TO A PRIVATE, CATHOLIC EDUCATIONAL INSTITUTION$25,000
ST PATRICK CATHOLIC CHURCH
104 CHANNING AVENUEMALVERNPA19355NONEPCASSISTANCE TO A CATHOLIC PARISH IN THE ARCHDIOCESE OF PHILADELPHIA, PA$159,600
ST AGNES DAY ROOM
233 W GAY STREETWEST CHESTERPA19380NONEPCASSISTANCE TO A CATHOLIC SOCIAL SERVICES ORGANIZATION$18,000
THE AUGUSTINIAN ORDER
PO BOX 340VILLANOVAPA19085NONEPCSUPPORT OF A RELIGIOUS ORDER OF CATHOLIC PRIESTS.$12,000
ST JOSEPH'S UNIVERSITY
5600 CITY LINE AVENUEPHILADELPHIAPA19131NONEPCASSISTANCE TO A PRIVATE, CATHOLIC EDUCATIONAL INSTITUTION$100,000
ACADEMY OF NOTRE DAME DE NAMUR
560 SPROUL RDVILLANOVAPA19085NONEPCASSISTANCE TO A PRIVATE, CATHOLIC EDUCATIONAL INSTITUTION$625,000
CATHOLIC SOCIAL SERVICES
7340 JACKSON STREETPHILADELPHIAPA19136NONEPCASSISTANCE TO A CATHOLIC SOCIAL SERVICES ORGANIZATION$1,000
DIOCESE OF CAMDEN
631 MARKET STREETCAMDENNJ08102NONEPCASSISTANCE FOR A ROMAN CATHOLIC DIOCESE$1,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$953,600TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$6,045RelatedOrExemptFunctionIncmAmt

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$555,820RelatedOrExemptFunctionIncmAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$25RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$561,890RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$561,890TotalIncomeProducingActyAmt

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

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp

FieldValueIRS element (for citing)
Category Or ItemVANGUARD FEDERAL MM FUNDCategoryOrItemTxt
Listed At Cost Or FMVFMVListedAtCostOrFMVCd
Book Value$19,676,887BookValueAmt
EOYFMV$19,676,887EOYFMVAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp

FieldValueIRS element (for citing)
DescPOSTAGEDesc
Revenue And Expenses Per Books$148RevenueAndExpensesPerBooksAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryFEDERAL TAXESCategoryTxt
Amt$22,439Amt

Comments

Anonymous: no account or email. Up to 2,000 characters, at most one link. Comments are checked automatically; some wait for review.