MUSHETT FAMILY FOUNDATION INC: Form 990PF, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- MUSHETT FAMILY FOUNDATION INC (EIN 22-3614593)
- Tax period
- 2019-06-01 to 2020-05-31
- Filed
- 2020-09-24
- IRS object ID
- 202022689349100207
- 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
- Form 990-PF
- Accounting Fees Schedule
- Depreciation Schedule
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Land Etc Schedule2
- Other Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2020-09-24T10:54:52-07:00 | ReturnTs |
| Tax Period End | 2020-05-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 810584816 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Caristia Kulsar & Wade LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 336 Sparta Ave | AddressLine1Txt |
| City | Sparta | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07871 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2019-06-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 223614593 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Mushett Family Foundation Inc | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | MUSH | BusinessNameControlTxt |
| Phone | 9088794699 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1 Mill Ridge Lane Suite 202 | AddressLine1Txt |
| City | Chester | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07930 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Henry J Daaleman | PersonNm |
| Person Title | President | PersonTitleTxt |
| Signature | 2020-09-24 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Joseph T Reed CPA | PreparerPersonNm |
| PTIN | P00010069 | PTIN |
| Phone | 9737298968 | PhoneNum |
| 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 | $12,981,295 | 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 | $1,709 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $1,709 | InterestOnSavNetInvstIncmAmt |
| Interest On Savings Adj Net Incm | $1,709 | InterestOnSavingsAdjNetIncmAmt |
| Dividends Rev And Expnss | $363,902 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $363,902 | DividendsNetInvstIncmAmt |
| Dividends Adj Net Incm | $363,902 | DividendsAdjNetIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $1,199,416 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $1,581,911 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $1,199,416 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $5,139 | OtherIncomeRevAndExpnssAmt |
| Total Rev And Expnss | $1,570,166 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $1,565,027 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $365,611 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $93,750 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $46,875 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $46,875 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $28,323 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $14,162 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $14,161 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $3,600 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $3,600 | AccountingFeesNetInvstIncmAmt |
| Other Prof Fees Rev And Expnss | $24,192 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $22,741 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $1,451 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $27,417 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $5,990 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $3,244 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $714 | DeprecAndDpltnRevAndExpnssAmt |
| Occupancy Rev And Expnss | $23,187 | OccupancyRevAndExpnssAmt |
| Occupancy Net Invst Incm | $11,594 | OccupancyNetInvstIncmAmt |
| Occupancy Dsbrs Chrtbl | $11,593 | OccupancyDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $6,487 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $2,321 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $4,166 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $207,670 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $107,283 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $81,490 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $466,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $466,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $673,670 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $107,283 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $547,490 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $896,496 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $1,457,744 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $365,611 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $395,685 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $778,907 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $778,907 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $2,331,541 | CorporateStockBOYAmt |
| Corporate Stock EOY | $2,049,202 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $4,110,282 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $3,298,487 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $3,298,488 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $3,814,626 | CorporateBondsEOYFMVAmt |
| Land Bldg Investments EOYFMV | $1,783 | LandBldgInvestmentsEOYFMVAmt |
| Other Investments BOY | $3,465,982 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $4,262,308 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $4,269,137 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $6,481 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $4,698 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $2,497 | LandBOYAmt |
| Land EOY | $1,783 | LandEOYAmt |
| Other Assets BOY | $6,560 | OtherAssetsBOYAmt |
| Other Assets EOY | $6,560 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $6,560 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $9,500,752 | TotalAssetsBOYAmt |
| Total Assets EOY | $10,397,248 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $12,981,295 | TotalAssetsEOYFMVAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $9,500,752 | NoDonorRstrNetAssestsBOYAmt |
| Tot Net Ast Or Fund Balances BOY | $9,500,752 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $10,397,248 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $9,500,752 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $10,397,248 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $9,500,752 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $896,496 | ExcessRevenueOverExpensesAmt |
| Subtotal | $10,397,248 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $10,397,248 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (13 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| 490.000 Apple, Inc. | P | 2012-01-01 | 2020-05-15 | $149,290 | $26,068 | $123,222 | $123,222 |
| 0.666 Corteva, Inc. | P | 2012-01-01 | 2019-06-12 | $17 | $19 | -$2 | -$2 |
| 0.666 Du Pont De Nemours , Inc. | P | 2012-01-01 | 2019-06-12 | $49 | $53 | -$4 | -$4 |
| 924.000 Home Depot, Inc. | P | 2012-01-01 | 2019-07-31 | $200,354 | $38,035 | $162,319 | $162,319 |
| 420.000 Home Depot, Inc. | P | 2012-01-01 | 2020-05-15 | $99,786 | $17,289 | $82,497 | $82,497 |
| 867.000 JPMorgan Chase & Co. | P | 2012-01-01 | 2019-07-31 | $100,041 | $28,590 | $71,451 | $71,451 |
| 1688.000 Lilly Eli & Co | P | 2012-01-01 | 2019-07-31 | $185,583 | $55,631 | $129,952 | $129,952 |
| 945.000 McDonald's Corp | P | 2012-01-01 | 2019-07-31 | $200,214 | $56,648 | $143,566 | $143,566 |
| 285.000 McDonald's Corp | P | 2012-01-01 | 2020-05-15 | $49,526 | $13,255 | $36,271 | $36,271 |
| 2150.000 Microsoft Corp | P | 2012-01-01 | 2019-07-31 | $299,075 | $64,546 | $234,529 | $234,529 |
| 835.000 Microsoft Corp | P | 2012-01-01 | 2020-05-15 | $149,279 | $24,744 | $124,535 | $124,535 |
| 829.000 Procter & Gamble Co | P | 2012-01-01 | 2019-07-31 | $98,895 | $37,639 | $61,256 | $61,256 |
| 440.000 Procter & Gamble Co | P | 2012-01-01 | 2020-05-15 | $49,802 | $19,978 | $29,824 | $29,824 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $1,199,416 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $618,597 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $12,338,246 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.05014 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $615,503 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $12,314,151 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.04998 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $619,142 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $11,968,281 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.05173 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $603,276 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $11,989,865 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.05032 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $572,773 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $12,434,053 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.04607 | DistributionYr5Rt |
| Total Distribution | 0.248232 | TotalDistributionRt |
| Average Distribution | 0.049646 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $13,136,515 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $652,175 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $14,577 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $666,752 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $547,490 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $29,155 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $29,155 | SubtotalAmt |
| Tax Based On Investment Income | $29,155 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $12,000 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $12,000 | TotalPaymentsAndCreditsAmt |
| Tax Due | $17,155 | TaxDueAmt |
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 |
| 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 | N/A | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Organization | BusinessNameLine1Txt |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1 Mill Ridge Lane Suite 202 | AddressLine1Txt |
| City | Chester | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07930 | 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 | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | Yes (true) | 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 |
| 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 |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | 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 |
|---|---|---|---|---|---|---|
| Henry J Daaleman | ||||||
| 1 Young Court | Chester | NJ | 07930 | President/Treas | 20.00 | $60,000 |
| Mark Daaleman | ||||||
| 836 Kimball Avenue | Westfield | NJ | 07090 | VP/Secretary | 5.00 | $18,750 |
| James Morgan MD | ||||||
| 653 Upper Mountain Avenue | Upper Montclair | NJ | 07043 | Trustee | 2.00 | $7,500 |
| Elizabeth A Csipkay | ||||||
| 6 Samantha Lane | Califon | NJ | 07830 | Trustee | 2.00 | $7,500 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $12,710,986 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $617,234 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $8,343 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $13,336,563 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Adjusted Total FMV Of Unused Ast | $13,336,563 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $200,048 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $13,136,515 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $656,826 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $656,826 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $29,155 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $29,155 | TotalTaxAmt |
| Distributable Before Adj | $627,671 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $627,671 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $627,671 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $547,490 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $547,490 | QualifyingDistributionsAmt |
| Adjusted Qualifying Distri | $547,490 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $627,671 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $450,227 | UndistributedIncomePYAmt |
| Qualifying Distributions | $547,490 | QualifyingDistributionsAmt |
| Applied To Year1 | $450,227 | AppliedToYear1Amt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $97,263 | AppliedToCurrentYearAmt |
| Undistributed Income CY | $530,408 | UndistributedIncomeCYAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (18 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| Memorial Sloan Kettering Cancer Cen | |||||||
| 633 3rd Avenue 28th Floor | New York | NY | 10017 | N/A | PC | General Operating | $150,000 |
| Catholic Relief Services | |||||||
| 228 West Lexington Street | Baltimore | MD | 21201 | N/A | PC | General Operating | $10,000 |
| Doctors Without Borders | |||||||
| 40 Rector Street 16th Floor | New York | NY | 10006 | N/A | PC | General Operating | $20,000 |
| Partners in Health | |||||||
| 888 Commonwealth Avenue 3rd Floor | Boston | MA | 02215 | N/A | PC | General Operating | $20,000 |
| Family Promise | |||||||
| 71 Summit Avenue | Summit | NJ | 07901 | N/A | PC | General Operating | $20,000 |
| Interfaith Food Pantry Inc | |||||||
| 2 Executive Drive | Morris Plains | NJ | 07950 | N/A | PC | General Operating | $20,000 |
| Jewish Family Services | |||||||
| 655 Westfield Avenue | Elizabeth | NJ | 07208 | N/A | PC | General Operating | $21,900 |
| Groundwork Elizabeth Inc | |||||||
| 205 First Street | Elizabeth | NJ | 07206 | N/A | PC | General Operating | $20,000 |
| St Luke Foundation for Haiti | |||||||
| 58 Lynn Road | Ivoryton | CT | 06442 | N/A | PC | General Operating | $30,000 |
| Catholic Medical Mission Board | |||||||
| 10 West 17th Street | New York | NY | 10011 | N/A | PC | General Operating | $20,000 |
| Elizabeth Coalition to House the Ho | |||||||
| 118 Division Street | Elizabeth | NJ | 07201 | N/A | PC | General Operating | $20,000 |
| Covenant House NJ Inc | |||||||
| 231 Court Street | Elizabeth | NJ | 07206 | N/A | PC | General Operating | $20,000 |
| The Lamp Foundation | |||||||
| PO Box 39703 | Philadelphia | PA | 19106 | N/A | PC | General Operating | $20,000 |
| Community Food Bank of NJ Inc | |||||||
| 31 Evans Terminal Road | Hillside | NJ | 07205 | N/A | PC | General Operating | $30,000 |
| St Joseph Social Service Center | |||||||
| 118 Division Street | Elizabeth | NJ | 07201 | N/A | PC | General Operating | $20,000 |
| The New York Academy of Sciences | |||||||
| 250 Greenwich Street 40th Floor | New York | NY | 10007 | N/A | PC | General Operating | $5,250 |
| Friends of Great Swamp NWR | |||||||
| 241 Pleasant Plains Road | Basking Ridge | NJ | 07920 | N/A | PC | General Operating | $8,850 |
| Catholic Charities USA | |||||||
| 2050 Ballenger Ave Suite 400 | Alexandria | VA | 22314 | N/A | PC | General Operating | $10,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $466,000 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $1,709 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $363,902 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $1,199,416 | RelatedOrExemptFunctionIncmAmt |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Legal Settlements | Desc |
| Related Or Exempt Function Incm | $5,139 | RelatedOrExemptFunctionIncmAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $365,611 | ExclusionAmt |
| Related Or Exempt Function Incm | $1,204,555 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $1,570,166 | 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Accounting Fees | CategoryTxt |
| Amt | $3,600 | Amt |
| Net Investment Income | $3,600 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | Computer | PropertyDesc |
| Acquired | 2017-12-04 | AcquiredDt |
| Cost Or Other Basis | $3,568 | CostOrOtherBasisAmt |
| Prior Year Depreciation | $1,071 | PriorYearDepreciationAmt |
| Computation Method | SL | ComputationMethodTxt |
| Life | 5.0000 | LifeRt |
| Current Year Expense | $714 | CurrentYearExpenseAmt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | Corporate Bonds | BondNm |
| EOY Book Value | $3,298,488 | EOYBookValueAmt |
| EOYFMV | $3,814,626 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | Common Stock | StockNm |
| EOY Book Value | $2,049,202 | EOYBookValueAmt |
| EOYFMV | $4,110,282 | EOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | Mutual Funds | CategoryOrItemTxt |
| Listed At Cost Or FMV | AT COST | ListedAtCostOrFMVCd |
| Book Value | $4,262,308 | BookValueAmt |
| EOYFMV | $4,269,137 | EOYFMVAmt |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | Machinery and Equipment | CategoryOrItemTxt |
| Cost Or Other Basis | $6,481 | CostOrOtherBasisAmt |
| Accumulated Depreciation | $4,698 | AccumulatedDepreciationAmt |
| Book Value | $1,783 | BookValueAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | SECURITY DEPOSIT | Desc |
| BOY Book Value | $6,560 | BOYBookValueAmt |
| EOY Book Value | $6,560 | EOYBookValueAmt |
| EOYFMV | $6,560 | EOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (5 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| INSURANCE | $1,199 | $599 | $600 |
| MEETING EXPENSES | $1,843 | $1,843 | |
| OFFICE EXPENSES | $2,150 | $1,075 | $1,075 |
| postage | $154 | $77 | $77 |
| telephone | $1,141 | $570 | $571 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Legal Settlements | Desc |
| Revenue And Expenses Per Books | $5,139 | RevenueAndExpensesPerBooksAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| invesment manangement fees | $21,291 | $21,291 | $0 | $0 |
| Outside Services | $2,901 | $1,450 | $0 | $1,451 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| Excise Taxes | $18,183 | ||
| foreign taxes withheld | $2,745 | $2,745 | |
| payroll taxes | $6,489 | $3,245 | $3,244 |
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