RAPPAPORT FAMILY FOUNDATION: Form 990PF, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- RAPPAPORT FAMILY FOUNDATION (EIN 20-0433083)
- Tax period
- 2019-01-01 to 2019-12-31
- Filed
- 2020-11-16
- IRS object ID
- 202013219349107541
- Schema version
- 2019v5.1
- 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
- All Oth Prog Rltd Investments Sch
- Depreciation Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Other Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Liabilities Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2020-11-16T20:42:19-06:00 | ReturnTs |
| Tax Period End | 2019-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SEILER LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | THREE LAGOON DR STE 400 | AddressLine1Txt |
| City | REDWOOD CITY | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94065 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2019-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 200433083 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RAPPAPORT FAMILY FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % CHERISSE BAIRD | InCareOfNm |
| Business Name Control | RAPP | BusinessNameControlTxt |
| Phone | 4155937111 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1150 25TH STREET | AddressLine1Txt |
| City | SAN FRANCISCO | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94107 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DEBORAH RAPPAPORT | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 4155937111 | PhoneNum |
| Signature | 2020-06-30 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | DAVID M SACARELOS | PreparerPersonNm |
| PTIN | P00082838 | PTIN |
| Phone | 6503654646 | PhoneNum |
| Preparation | 2020-11-16 | PreparationDt |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 12.97.82.67 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Federal Original Submission Id | 94293920203215000017 | FederalOriginalSubmissionId |
| Federal Original Submission Id | 2020-11-16 | FederalOriginalSubmissionIdDt |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | 7A5A1C3DF079BAC287D5250A112A0F4A20E27711 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 7A5A1C3DF079BAC287D5250A112A0F4A20E27711 | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2019 | TaxYr |
| Build TS | 2021-04-22 16:20:28Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $7,512,909 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $0 | ContriRcvdRevAndExpnssAmt |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Dividends Rev And Expnss | $165,206 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $165,206 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $6,689 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $1,461,983 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $6,689 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $73,413 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $39,023 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $245,308 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $210,918 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Accounting Fees Rev And Expnss | $26,350 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $6,775 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $6,775 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $24,343 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $24,343 | OtherProfFeesNetInvstIncmAmt |
| Taxes Rev And Expnss | $36,817 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $2,427 | TaxesNetInvstIncmAmt |
| Other Expenses Rev And Expnss | $1,988 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Dsbrs Chrtbl | $1,988 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $89,498 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $33,545 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $8,763 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $52,652 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $52,652 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $142,150 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $33,545 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $61,415 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $103,158 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $177,373 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $57,230 | CashBOYAmt |
| Cash EOY | $46,953 | CashEOYAmt |
| Cash EOYFMV | $46,953 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $310,562 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $531,978 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $531,978 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $4,762,350 | CorporateStockBOYAmt |
| Corporate Stock EOY | $5,678,291 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $5,678,291 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $824,301 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $955,679 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $955,679 | OtherInvestmentsEOYFMVAmt |
| Other Assets BOY | $500,008 | OtherAssetsBOYAmt |
| Other Assets EOY | $300,008 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $300,008 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $6,454,451 | TotalAssetsBOYAmt |
| Total Assets EOY | $7,512,909 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $7,512,909 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $5,272 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $15,925 | AccountsPayableEOYAmt |
| Other Liabilities BOY | $17,440 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $17,440 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $22,712 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $33,365 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $6,431,739 | RetainedEarningBOYAmt |
| Retained Earning EOY | $7,479,544 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $6,431,739 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $7,479,544 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $6,454,451 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $7,512,909 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $6,431,739 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $103,158 | ExcessRevenueOverExpensesAmt |
| Other Increases | $944,647 | OtherIncreasesAmt |
| Subtotal | $7,479,544 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $7,479,544 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|
| PUBLICLY TRADED SECURITIES | P | $420,476 | $429,101 | -$8,625 | -$8,625 |
| PUBLICLY TRADED SECURITIES | P | $1,041,507 | $1,026,295 | $15,314 | $15,212 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $6,689 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $1,235,180 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $6,883,983 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.179428 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $1,477,015 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $8,307,385 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.177795 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $302,869 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $7,746,684 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.039097 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $364,521 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $8,323,151 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.043796 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $456,288 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $7,762,830 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.058779 | DistributionYr5Rt |
| Total Distribution | 0.498895 | TotalDistributionRt |
| Average Distribution | 0.099779 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $6,554,202 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $653,972 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $1,774 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $655,746 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $61,415 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $3,547 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $3,547 | SubtotalAmt |
| Tax Based On Investment Income | $3,547 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $34,390 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $34,390 | TotalPaymentsAndCreditsAmt |
| Overpayment | $30,843 | OverpaymentAmt |
| Applied To ES Tax | $30,843 | AppliedToESTaxAmt |
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 | CA | OrgReportOrRegisterStateCd |
| Org Report Or Register State | NV | 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 | WWW.RAPPAPORTFAMILYFOUNDATION.ORG | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CHERISSE BAIRD | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 4155937111 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1150 25TH STREET | AddressLine1Txt |
| City | SAN FRANCISCO | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94107 | 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 | Yes (true) | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Undistr Incm Sect4942a2 Not App | false | UndistrIncmSect4942a2NotAppInd |
| 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 |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (2 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 |
|---|---|---|---|---|---|---|---|---|
| DEBORAH RAPPAPORT | ||||||||
| 1150 25TH STREET | SAN FRANCISCO | CA | 94107 | PRESIDENT | 20.0 | $0 | $0 | $0 |
| ANDREW RAPPAPORT | ||||||||
| 1150 25TH STREET | SAN FRANCISCO | CA | 94107 | SECRETARY/TREASURER | 3.0 | $0 | $0 | $0 |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | N/A | Description1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sum Of Program Related Invst | SumOfProgramRelatedInvstGrp |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $5,294,488 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $469,534 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $889,990 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $6,654,012 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $6,654,012 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $99,810 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $6,554,202 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $327,710 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $327,710 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $3,547 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $3,547 | TotalTaxAmt |
| Distributable Before Adj | $324,163 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $200,000 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $524,163 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $524,163 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $61,415 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $0 | CharitableAssetsAcquisPaidAmt |
| Set Aside Suitability Test | $0 | SetAsideSuitabilityTestAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $61,415 | QualifyingDistributionsAmt |
| Adjusted Qualifying Distri | $61,415 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $524,163 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Prior Year1 | 2017 | PriorYear1Yr |
| Prior Year2 | 2016 | PriorYear2Yr |
| Prior Year3 | 2015 | PriorYear3Yr |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $456,288 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr2 | $1,066,514 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $893,751 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $2,416,553 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $61,415 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Current Year | $61,415 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $462,748 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $462,748 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $1,953,805 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $1,953,805 | ExcessDistriCyovToNextYrAmt |
| Excess From Year2 | $1,060,054 | ExcessFromYear2Amt |
| Excess From Year1 | $893,751 | ExcessFromYear1Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | ANDREW AND DEBORAH RAPPAPORT | ContributingManagerNm |
| Shareholder Manager | NA | ShareholderManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (2 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| PEOPLE FOR THE AMERICAN WAY FOUNDATION | |||||||
| 1101 15TH STREET NW 600 | WASHINGTON | DC | 20005 | NONE | PC | PROJECT-SPECIFIC SUPPORT FOR PFAW FOUNDATION'S YOUTH LEADERSHIP PROGRAMS | $50,000 |
| ISLAND HOUSING TRUST HANOVER HOUSE | |||||||
| PO BOX 779 | WEST TISBURY | MA | 02575 | NONE | PC | PROJECT SPECIFIC SUPPORT FOR GENERATION PROGRESS' FIGHT FOR A FUTURE PROGRAM | $2,652 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $52,652 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fees Contracts From Govt Ag | FeesContractsFromGovtAgGrp | |
| Membership Dues And Assmnt | MembershipDuesAndAssmntGrp | |
| Int On Sav And Temp Cash Invst | IntOnSavAndTempCashInvstGrp |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $165,206 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Rntl Incm Re Debt Fincd Prop | NetRntlIncmReDebtFincdPropGrp | |
| Net Rntl Incm Re Not Debt Fincd Prop | NetRntlIncmReNotDebtFincdProp | |
| Net Rental Income Personal Prop | NetRentalIncomePersonalPropGrp | |
| Other Investment Incm Part VII | OtherInvestmentIncmPartVIIGrp |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $6,689 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Other Revenue Described OtherRevenueDescribedGrp (3 entries)
| DescDesc | ExclusionExclusionCd | ExclusionExclusionAmt |
|---|---|---|
| EXCISE TAX REFUND | 01 | $34,390 |
| INCOME FROM PARTNERSHIPS | 14 | $29,043 |
| OTHER INCOME | 14 | $9,980 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $245,308 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $245,308 | TotalIncomeProducingActyAmt |
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 (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| TAX RETURN PREPARATION AND | |||
| ACCOUNTING SERVICES | $26,350 | $6,775 | $6,775 |
All Oth Prog Rltd Investments Sch AllOthProgRltdInvestmentsSch
All Other Program Related Invst AllOtherProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | NONE | Desc |
Depreciation Schedule DepreciationSchedule
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (25 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| SEAGATE TECHNOLOGY | $891,191 | $891,191 |
| BLACKROCK STRATEGIC | $0 | $0 |
| DOUBLELINE TOTAL RETURN | $153,587 | $153,587 |
| EATON VANCE FLOATING | $0 | $0 |
| ISHARES CORE S&P MID-CAP | $241,839 | $241,839 |
| ISHARES CORE S&P SMALL | $201,240 | $201,240 |
| ISHARES EDGE MSCI USMV | $170,560 | $170,560 |
| ISHARES INTL SELECT | $134,280 | $134,280 |
| ISHARES EDGE MSCI | $505,000 | $505,000 |
| ISHARES EMERGING MARKETS | $190,914 | $190,914 |
| ISHARES SHORT MATURITY | $251,250 | $251,250 |
| TEMPLETON GLBL BOND FD | $0 | $0 |
| JP MORGAN STRATEGIC | $152,231 | $152,231 |
| VANGUARD REIT ETF | $250,533 | $250,533 |
| VANGUARD DIVIDEND | $710,562 | $710,562 |
| JP MORGAN EMERGING | $153,596 | $153,596 |
| JP MORGAN EXCHNAGE ETF | $378,225 | $378,225 |
| PUTNAM SHORT DURATION | $213,266 | $213,266 |
| VANGUARD SMALL CAP | $147,420 | $147,420 |
| INVESCO FTSE RAFI US | $481,498 | $481,498 |
| INVESCO SENIOR LOAN ETF | $0 | $0 |
| ISHARES EDGE MSCI MIN | $0 | $0 |
| HARTFORD WORLD BOND | $200,107 | $200,107 |
| PACIFIC FUNDS STRATEGIC | $100,708 | $100,708 |
| PRINCIPAL SHORT TERM | $150,284 | $150,284 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (2 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| LEGACY VENTURE VII, LLC | FMV | $830,532 | $830,532 |
| LEGACY VENTURE IX | FMV | $125,147 | $125,147 |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (2 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| OTHER RECEIVABLE | $8 | $8 | $8 |
| ISLAND HOUSING TRUST CORP. | $500,000 | $300,000 | $300,000 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (4 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|
| DUES AND SUBSCRIPTIONS | $575 | $575 |
| BANK FEES | $1,145 | $1,145 |
| WORKERS COMPENSATION INSURANCE | $59 | $59 |
| FILING FEES | $209 | $209 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| EXCISE TAX REFUND | $34,390 | |
| INCOME FROM PARTNERSHIPS | $29,043 | $29,043 |
| OTHER INCOME | $9,980 | $9,980 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | NET CHANGE IN UNREALIZED GAIN/LOSS | Desc |
| Amt | $944,647 | Amt |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | DEFERRED FEDERAL EXCISE TAX | Desc |
| BOY Book Value | $17,440 | BOYBookValueAmt |
| EOY Book Value | $17,440 | EOYBookValueAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| FEDERAL EXCISE TAX | $34,390 | |
| FOREIGN TAX PAID | $2,427 | $2,427 |
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