SALVAGGIO FAMILY FOUNDATION TR 10011998: Form 990PF, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- SALVAGGIO FAMILY FOUNDATION TR 10011998 (EIN 25-6614812)
- Tax period
- 2019-01-01 to 2019-12-31
- Filed
- 2020-09-08
- IRS object ID
- 202022529349100022
- 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
- Investments Corp Stock Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2020-09-08T09:35:01-05:00 | ReturnTs |
| Tax Period End | 2019-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 232620120 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CONCANNON MILLER & CO PC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1525 VALLEY CENTER PARKWAY STE 300 | AddressLine1Txt |
| City | BETHLEHEM | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 180172285 | 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 | 256614812 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SALVAGGIO FAMILY FOUNDATION | BusinessNameLine1Txt |
| Business Name Line2 | C/O ANTHONY SALVAGGIO | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | SALV | BusinessNameControlTxt |
| Phone | 6105305000 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1390 RIDGEVIEW DRIVE NO 300 | AddressLine1Txt |
| City | ALLENTOWN | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 18104 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | NORENE L SALVAGGIO | PersonNm |
| Person Title | TRUSTEE | PersonTitleTxt |
| Phone | 6105305000 | PhoneNum |
| Signature | 2020-09-01 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | ANTHONY R DEUTSCH CPA | PreparerPersonNm |
| PTIN | P00122679 | PTIN |
| Phone | 6104335501 | PhoneNum |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 64.88.174.3 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2020-09-01 | IPDt |
| IP Tm | 07:11:49 | IPTm |
| IP Timezone | ED | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | C53D6627F7FF9BCC651863CBEB1734A1B7BA664D | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 3E912C07CA20A13B0BB02D1F43AA8FBE05DF44BF | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2019 | TaxYr |
| Build TS | 2020-11-19 02:30:22Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $30,355,435 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $29,375 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $29,375 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $349,882 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $349,882 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $2,468,571 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $9,769,460 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $2,468,571 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $16,889 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $16,889 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $2,864,717 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $2,864,717 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $12,635 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $6,317 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $6,318 | AccountingFeesChrtblPrpsAmt |
| Taxes Rev And Expnss | $17,371 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $8 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $45,076 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $45,076 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $0 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $75,082 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $51,401 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $6,318 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $1,010,102 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $1,010,102 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,085,184 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $51,401 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,016,420 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $1,779,533 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $2,813,316 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $113,861 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $3,096,482 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $3,096,482 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl | $5,775 | AcctRcvblAmt |
| Acct Rcvbl BOY | $4,290 | AcctRcvblBOYAmt |
| Acct Rcvbl EOY | $5,775 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $5,775 | AcctRcvblEOYFMVAmt |
| Corporate Stock BOY | $20,981,880 | CorporateStockBOYAmt |
| Corporate Stock EOY | $19,777,307 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $27,253,178 | CorporateStockEOYFMVAmt |
| Total Assets BOY | $21,100,031 | TotalAssetsBOYAmt |
| Total Assets EOY | $22,879,564 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $30,355,435 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $0 | CapitalStockBOYAmt |
| Capital Stock EOY | $0 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $21,100,031 | RetainedEarningBOYAmt |
| Retained Earning EOY | $22,879,564 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $21,100,031 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $22,879,564 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $21,100,031 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $22,879,564 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $21,100,031 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $1,779,533 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $22,879,564 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $22,879,564 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (3 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|
| SALES OF PUBLICLY TRADED SECURITIES | P | $307,932 | $293,432 | $14,500 | $14,500 |
| SALES OF PUBLICLY TRADED SECURITIES | P | $9,361,528 | $6,909,207 | $2,452,321 | $2,452,321 |
| SALES OF PUBLICLY TRADED SECURITIES | P | $100,000 | $98,250 | $1,750 | $1,750 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $2,468,571 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | 0 | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $1,290,617 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $27,241,587 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.047377 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $426,475 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $23,249,527 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.018343 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $333,690 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $17,590,953 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.018969 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $546,931 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $16,197,514 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.033766 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $273,709 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $9,933,970 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.027553 | DistributionYr5Rt |
| Total Distribution | 0.146008 | TotalDistributionRt |
| Average Distribution | 0.029202 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $27,448,785 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $801,559 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $28,133 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $829,692 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $1,016,420 | 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 | $28,133 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $28,133 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $28,133 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $24,000 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $20,450 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $44,450 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $16,317 | OverpaymentAmt |
| Applied To ES Tax | $16,317 | 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 |
| Org Report Or Register State | PA | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | 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 | N/A | WebsiteAddressTxt |
| Individual With Books | ANTHONY J SALVAGGIO | IndividualWithBooksNm |
| Phone | 6105305000 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1390 RIDGEVIEW DRIVE SUITE 300 | AddressLine1Txt |
| City | ALLENTOWN | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 18104 | 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 (4 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 |
|---|---|---|---|---|---|---|---|---|
| ANTHONY J SALVAGGIO | ||||||||
| 1432 CEDARWOOD ROAD | ALLENTOWN | PA | 18104 | TRUSTEE | 1.00 | $0 | $0 | $0 |
| THOMAS A SALVAGGIO | ||||||||
| 6124 HAASADAHL ROAD | OREFIELD | PA | 18069 | TRUSTEE | 1.00 | $0 | $0 | $0 |
| CHRISTY A GHIGIARELLI | ||||||||
| 26 FITZGERALD DRIVE | MOOSIC | PA | 18507 | TRUSTEE | 1.00 | $0 | $0 | $0 |
| SUZIE A SPINOSA | ||||||||
| 3018 BARRINGTON LANE | ALLENTOWN | PA | 18103 | TRUSTEE | 1.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| 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 | $25,752,898 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $2,113,889 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $27,866,787 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $27,866,787 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $418,002 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $27,448,785 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $1,372,439 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $1,372,439 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $28,133 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $28,133 | TotalTaxAmt |
| Distributable Before Adj | $1,344,306 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $1,344,306 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $1,344,306 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,016,420 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $1,016,420 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $28,133 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $988,287 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $1,344,306 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $1,016,420 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $1,016,420 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $0 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $327,886 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $0 | ExcessDistriCyovToNextYrAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | ANTHONY J SALVAGGIO | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (31 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line2RecipientUSAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|---|---|
| ALLENTOWN RESCUE MISSION | ||||||||
| 355 HAMILTON ST | ALLENTOWN | PA | 18101 | N/A | PUBLIC | CHARITABLE | $10,000 | |
| BERNARDINE FRANSCISCAN SISTERS | ||||||||
| 450 ST BERNARDINE STREET | READING | PA | 19607 | N/A | PUBLIC | CHARITABLE | $3,500 | |
| BETHESDA MISSION | ||||||||
| 2101 N FRONT STREET BUILDING 1 | HARRISBURG | PA | 17110 | N/A | PUBLIC | CHARITABLE | $500 | SUITE 301 |
| BOYS & GIRLS CLUB OF ALLENTOWN | ||||||||
| 720 N SIXTH STREET | ALLENTOWN | PA | 18102 | N/A | PUBLIC | CHARITABLE | $7,300 | |
| BOYS TOWN | ||||||||
| 14100 CRAWFORD STREET | BOYS TOWN | NE | 68010 | N/A | PUBLIC | CHARITABLE | $100 | |
| CAI LEARNING ACADEMY | ||||||||
| 1390 RIDGEVIEW DRIVE | ALLENTOWN | PA | 18104 | N/A | PUBLIC | CHARITABLE | $200,000 | |
| CATHOLIC CHARITIES | ||||||||
| 2141 DOWNY FLAKE LANE | ALLENTOWN | PA | 18103 | N/A | PUBLIC | CHARITABLE | $100,000 | |
| CAY GALGON LIFEHOUSE | ||||||||
| 714 W BROAD ST | BETHLEHEM | PA | 18018 | N/A | PUBLIC | CHARITABLE | $20,000 | |
| CENTRAL CATHOLIC HIGH SCHOOL | ||||||||
| 301 N 4TH ST | ALLENTOWN | PA | 18102 | N/A | PUBLIC | CHARITABLE | $5,000 | |
| DESALES UNIVERSITY | ||||||||
| 2755 STATION AVENUE | CENTER VALLEY | PA | 18034 | N/A | PUBLIC | CHARITABLE | $300,000 | |
| DIOCESE OF ALLENTOWN | ||||||||
| 202 NORTH 17TH STREET | ALLENTOWN | PA | 18104 | N/A | PUBLIC | CHARITABLE | $1,000 | |
| EASTER SEALS OF EASTERN PA | ||||||||
| 1501 LEHIGH ST | ALLENTOWN | PA | 18103 | N/A | PUBLIC | CHARITABLE | $1,000 | |
| EQUI-LIBRIUM | ||||||||
| 524 FEHR ROAD | NAZARETH | PA | 18064 | N/A | PUBLIC | CHARITABLE | $1,000 | |
| HILLSIDE SCHOOL | ||||||||
| 2697 BROOKSIDE ROAD | MACUNGIE | PA | 18062 | N/A | PUBLIC | CHARITABLE | $1,500 | |
| JUDICIAL WATCH | ||||||||
| 425 3RD STREET SUITE 800 | WASHINGTON | DC | 20024 | N/A | PUBLIC | CHARITABLE | $1,100 | |
| JUSTIN SHEFTEL MEMORIAL | ||||||||
| 3632 OAKWOOD TRAIL | ALLENTOWN | PA | 18103 | N/A | PUBLIC | CHARITABLE | $500 | |
| LEADERSHIP INSTITUTE | ||||||||
| 1101 N HIGHLAND STREET | ARLINGTON | VA | 22201 | N/A | PUBLIC | CHARITABLE | $100 | |
| LEHIGH VALLEY HEALTH NETWORK | ||||||||
| PO BOX 1883 | ALLENTOWN | PA | 18105 | N/A | PUBLIC | CHARITABLE | $5,000 | |
| MERCY SCHOOL FOR SPECIAL LEARNING | ||||||||
| 830 S WOODWARD STREET | ALLENTOWN | PA | 18103 | N/A | PUBLIC | CHARITABLE | $5,100 | |
| PENN STATE UNIVERSITY | ||||||||
| 308 OLD MAIN | UNIVERSITY PARK | PA | 16802 | N/A | PUBLIC | CHARITABLE | $105,933 | |
| PUSH THE ROCK | ||||||||
| 647 WALNUT STREET | EMMAUS | PA | 18049 | N/A | PUBLIC | CHARITABLE | $5,000 | |
| SACRED HEART SCHOOL | ||||||||
| 325 N 4TH ST | ALLENTOWN | PA | 18102 | N/A | PUBLIC | CHARITABLE | $135 | |
| SISTERS OF ST FRANCIS | ||||||||
| 609 CONVENT RD | ASTON | PA | 19014 | N/A | PUBLIC | CHARITABLE | $100 | |
| ST MARY CATHOLIC CHURCH | ||||||||
| 15520 N BOULEVARD | TAMPA | FL | 33613 | N/A | PUBLIC | CHARITABLE | $1,000 | |
| ST JOSEPH'S INDIAN SCHOOL | ||||||||
| 1301 N MAIN STREET | CHAMBERLAIN | SD | 57325 | N/A | PUBLIC | CHARITABLE | $150 | |
| ST JUDE'S CHILDRENS HOSPITAL | ||||||||
| 262 DANNY THOMAS PLACE | MEMPHIS | TN | 38105 | N/A | PUBLIC | CHARITABLE | $200 | |
| ST THOMAS MORE CHURCH | ||||||||
| 1040 FLEXER AVE | ALLENTOWN | PA | 18103 | N/A | PUBLIC | CHARITABLE | $114,500 | |
| ST THOMAS MORE SCHOOL | ||||||||
| 1040 FLEXER AVE | ALLENTOWN | PA | 18103 | N/A | PUBLIC | CHARITABLE | $117,500 | |
| THE HAVERFORD SCHOOL | ||||||||
| 450 US-30 | HAVERFORD | PA | 19041 | N/A | PUBLIC | CHARITABLE | $2,019 | |
| WELLNESS IN THE LEHIGH VALLEY | ||||||||
| 101 COVENTRY DRIVE | PHILLIPSBURG | NJ | 08865 | N/A | PUBLIC | CHARITABLE | $800 | |
| WOODLAWN FIRE DEPT | ||||||||
| 1651 WHITEHALL AVENUE | ALLENTOWN | PA | 18104 | N/A | PUBLIC | CHARITABLE | $65 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $1,010,102 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $29,375 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $349,882 | ExclusionAmt |
Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $16,889 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $2,468,571 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $2,864,717 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $2,864,717 | 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 FEES | CategoryTxt |
| Amt | $12,635 | Amt |
| Net Investment Income | $6,317 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $6,318 | DisbursementsCharitablePrpsAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | PUBLICLY TRADED INVESTMENTS | StockNm |
| EOY Book Value | $19,777,307 | EOYBookValueAmt |
| EOYFMV | $27,253,178 | EOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| INVESTMENT FEES | $33,339 | $33,339 | $0 |
| MARGIN INTEREST | $11,737 | $11,737 | $0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | CPG ACTIVIST FUND | Desc |
| Revenue And Expenses Per Books | $16,889 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $16,889 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $16,889 | AdjustedNetIncomeAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| FOREIGN INCOME TAXES | $8 | $8 | $0 |
| FEDERAL INVESTMENT INCOME TAX | $17,363 | $0 | $0 |