POLISSENI FOUNDATION INC: Form 990PF, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- POLISSENI FOUNDATION INC (EIN 16-1611263)
- Tax period
- 2019-09-01 to 2020-08-31
- Filed
- 2020-10-15
- IRS object ID
- 202022899349101002
- 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
- Schedule B
- Accounting Fees Schedule
- Investments Other Schedule2
- Other Expenses Schedule
- Substantial Contributors Sch
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2020-10-15T12:06:10-05:00 | ReturnTs |
| Tax Period End | 2020-08-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 474526160 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | EFPR GROUP CPAS PLLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 100 SOUTH CLINTON AVE SUITE 1500 | AddressLine1Txt |
| City | ROCHESTER | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 146041801 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2019-09-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 161611263 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE POLISSENI FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | POLI | BusinessNameControlTxt |
| Phone | 5856410151 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 120 LINDEN OAKS NO 200 | AddressLine1Txt |
| City | ROCHESTER | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 14625 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | GARY POLISSENI | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 5856410151 | PhoneNum |
| Signature | 2020-10-06 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | VINCENT J TOMEI III CPA | PreparerPersonNm |
| PTIN | P00936595 | PTIN |
| Phone | 5854278900 | PhoneNum |
| Preparation | 2020-10-06 | PreparationDt |
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 | 2020-10-06 | IPDt |
| IP Tm | 14:13:27 | IPTm |
| IP Timezone | ED | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | A3098CE9DE43BB2541F8C5D4A8AA4A8648865DD1 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | AF772A47F4D2D50AE906369D5928EB22DE588371 | 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 | $18,085 | 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 | $171,345 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $115 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $115 | InterestOnSavNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $85,175 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $152,690 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $85,175 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $256,635 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $85,290 | 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 |
| Oth Empl Slrs Wgs Rev And Expnss | $24,000 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $12,000 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $12,000 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $3,060 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $3,060 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $0 | AccountingFeesChrtblPrpsAmt |
| Taxes Rev And Expnss | $10,058 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $4,185 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $4,185 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $3,819 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $1,740 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $2,079 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $40,937 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $20,985 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $18,264 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $511,154 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $511,154 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $552,091 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $20,985 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $529,418 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$295,456 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $64,305 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $304,677 | CashBOYAmt |
| Cash EOY | $2,791 | CashEOYAmt |
| Cash EOYFMV | $2,791 | CashEOYFMVAmt |
| Other Investments BOY | $0 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $6,430 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $15,294 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $24,261 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $24,261 | LandBldgEquipAccumDeprecAmt |
| Total Assets BOY | $304,677 | TotalAssetsBOYAmt |
| Total Assets EOY | $9,221 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $18,085 | 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 | $304,677 | RetainedEarningBOYAmt |
| Retained Earning EOY | $9,221 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $304,677 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $9,221 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $304,677 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $9,221 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $304,677 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$295,456 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $9,221 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $9,221 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | 2100 PAYX | PropertyDesc |
| How Acquired | D | HowAcquiredCd |
| Sold | 2020-06-25 | SoldDt |
| Gross Sales Price | $152,690 | GrossSalesPriceAmt |
| Cost Or Other Basis | $67,515 | CostOrOtherBasisAmt |
| Gain Or Loss | $85,175 | GainOrLossAmt |
| Gains Minus Excess Or Losses | $85,175 | GainsMinusExcessOrLossesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $85,175 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | 0 | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $492,790 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $404,862 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 1.217180 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $619,884 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $751,068 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.825337 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $506,864 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $404,532 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 1.252964 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $520,048 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $520,296 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.999523 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $513,457 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $465,629 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 1.102717 | DistributionYr5Rt |
| Total Distribution | 5.397721 | TotalDistributionRt |
| Average Distribution | 1.079544 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $132,111 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $142,620 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $643 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $143,263 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $529,418 | 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 | $643 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $643 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $643 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $0 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $0 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $18 | EsPenaltyAmt |
| Tax Due | $661 | TaxDueAmt |
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 | 0 | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | NY | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | Yes (1) | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | HTTP://WWW.POLISSENIFOUNDATION.COM/ | WebsiteAddressTxt |
| Individual With Books | GP ASSOCIATES | IndividualWithBooksNm |
| Phone | 5856410151 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 120 LINDEN OAKS SUITE 200 | AddressLine1Txt |
| City | ROCHESTER | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 14625 | 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 (5 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 |
|---|---|---|---|---|---|---|---|---|
| WANDA POLISSENI | ||||||||
| 16 BEAUCLAIRE LANE | FAIRPORT | NY | 14450 | PRESIDENT | 0.00 | $0 | $0 | $0 |
| GARY POLISSENI | ||||||||
| 5 WHISPERWOOD DRIVE | VICTOR | NY | 14564 | DIRECTOR | 0.00 | $0 | $0 | $0 |
| GREGORY POLISSENI | ||||||||
| 17 MILES AVENUE | FAIRPORT | NY | 14450 | DIRECTOR | 0.00 | $0 | $0 | $0 |
| VALERIE POLISSENI WILCOX | ||||||||
| 31 HYACINTH LANE | FAIRPORT | NY | 14450 | DIRECTOR | 0.00 | $0 | $0 | $0 |
| GLENN E PEZZOLO | ||||||||
| 100 CHESTNUT STREET | ROCHESTER | NY | 14604 | DIRECTOR | 0.00 | $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 | $1,274 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $132,849 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $134,123 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $134,123 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $2,012 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $132,111 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $6,606 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $6,606 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $643 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $643 | TotalTaxAmt |
| Distributable Before Adj | $5,963 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $5,963 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $5,963 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $529,418 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $529,418 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $643 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $528,775 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $5,963 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $497,312 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $494,053 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $501,451 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $582,331 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $490,775 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $2,565,922 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $529,418 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $5,963 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $523,455 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $3,089,377 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $497,312 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $2,592,065 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $494,053 | ExcessFromYear4Amt |
| Excess From Year3 | $501,451 | ExcessFromYear3Amt |
| Excess From Year2 | $582,331 | ExcessFromYear2Amt |
| Excess From Year1 | $490,775 | ExcessFromYear1Amt |
| Excess From Current Year | $523,455 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | THE POLISSENI FOUNDATION | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | C/O GP ASSOCIATES 1080 PITTSFORD | AddressLine1Txt |
| Address Line2 | VICTOR ROAD STE 201 | AddressLine2Txt |
| City | PITTSFORD | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 14534 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 5856410151 | RecipientPhoneNum |
| Form And Info And Materials | GRANT APPLICATION FORM, PROPOSAL, PROJECT BUDGET, ORGANIZATION OPERATING BUDGET, BOARD OF DIRECTORS LISTING, MOST RECENT FINANCIAL STATEMENT, COPY OF IRS 501(C)(3) DETERMINATION LETTER | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | NONE | SubmissionDeadlinesTxt |
| Restrictions On Awards | NONE | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (26 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| 13THIRTY CANCER CONNECT | |||||||
| 1000 ELMWOOD AVENUE | ROCHESTER | NY | 14620 | NONE | PUBLIC CHARITY | CHARITY | $2,000 |
| ABVI | |||||||
| 422 SOUTH CLINTON AVE | ROCHESTER | NY | 14618 | NONE | PUBLIC CHARITY | CHARITY | $5,000 |
| AMERICAN RED CROSS | |||||||
| 50 PRINCE STREET | ROCHESTER | NY | 14607 | NONE | PUBLIC CHARITY | CHARITY | $9,000 |
| BIG BROTHERS BIG SISTERS | |||||||
| 232 S PLYMOUTH AVE | ROCHESTER | NY | 14608 | NONE | PUBLIC CHARITY | CHARITY | $5,000 |
| CHAMPION ACADEMY FUND CO ROCHESTER AREA COMMUNITY FOUNDATION | |||||||
| 500 EAST AVENUE | ROCHESTER | NY | 14607 | NONE | PUBLIC CHARITY | CHARITY | $100,000 |
| DIMITRI HOUSE | |||||||
| 102 N UNION STREET | ROCHESTER | NY | 14607 | NONE | PUBLIC CHARITY | CHARITY | $5,000 |
| ESWA CO IRONDEQUOIT UNITED CHURCH OF CHRIST | |||||||
| 644 TITUS AVE | ROCHESTER | NY | 14611 | NONE | PUBLIC CHARITY | CHARITY | $2,000 |
| FAMILY PROMISE OF ONTARIO COUNTY | |||||||
| 185 NORTH MAIN ST | CANANDAIGUA | NY | 14424 | NONE | PUBLIC CHARITY | CHARITY | $9,227 |
| GENEVA READS | |||||||
| 25 N MORRELL AVE | GENEVA | NY | 14607 | NONE | PUBLIC CHARITY | CHARITY | $2,000 |
| HOPE LUTHERAN CHURCH | |||||||
| 1301 VINTAGE LN | ROCHESTER | NY | 14626 | NONE | PUBLIC CHARITY | CHARITY | $2,500 |
| IVMF | |||||||
| 150 CROUSE DR | SYRACUSE | NY | 13244 | NONE | PUBLIC CHARITY | CHARITYCHARITY | $5,000 |
| LIFETIME ASSISTANCE | |||||||
| 425 PAUL RD | ROCHESTER | NY | 14624 | NONE | PUBLIC CHARITY | CHARITY | $5,000 |
| MERCY FLIGHT CENTRAL | |||||||
| 2420 BRICKYARD RD | CANANDAIGUA | NY | 14424 | NONE | PUBLIC CHARITY | CHARITY | $5,000 |
| MERCY FLIGHT CENTRAL | |||||||
| 2420 BRICKYARD RD | CANANDAIGUA | NY | 14424 | NONE | PUBLIC CHARITY | CHARITY | $12,332 |
| PAIGE'S BUTTERFLY RUN | |||||||
| 50 PRESIDENTIAL PLAZA STE 106 | SYRACUSE | NY | 13202 | NONE | PUBLIC CHARITY | CHARITY | $2,000 |
| RESOLVE OF GREATER ROCHESTER | |||||||
| PO BOX 21 | FAIRPORT | NY | 14450 | NONE | PUBLIC CHARITY | CHARITY | $2,500 |
| RIT | |||||||
| 1 LOMB MEMORIAL DRIVE | ROCHESTER | NY | 14623 | NONE | PUBLIC CHARITY | CHARITYCHARITY | $166,700 |
| ROCOVERY FITNESS | |||||||
| 1036 DEWEY RD | ROCHESTER | NY | 14613 | NONE | PUBLIC CHARITY | CHARITY | $1,500 |
| RONALD MCDONALD HOUSE | |||||||
| 333 WESTMORELAND DRIVE | ROCHESTER | NY | 14620 | NONE | PUBLIC CHARITY | CHARITY | $4,895 |
| RONALD MCDONALD HOUSE | |||||||
| 333 WESTMORELAND DRIVE | ROCHESTER | NY | 14620 | NONE | PUBLIC CHARITY | CHARITY | $3,000 |
| SPIRITUS CHRISTI MENTAL HEALTH CENTER | |||||||
| 121 N FITZHUGH STREET | ROCHESTER | NY | 14614 | NONE | PUBLIC CHARITY | CHARITY | $2,000 |
| SPRINGWATER WAYLAND EMS | |||||||
| PO BOX 625 | WAYLAND | NY | 14572 | NONE | PUBLIC CHARITY | CHARITY | $3,000 |
| ST JOHN FISHER COLLEGE | |||||||
| 3690 EAST AVENUE | ROCHESTER | NY | 14618 | NONE | PUBLIC CHARITY | CHARITY | $150,000 |
| STARBRIDGE | |||||||
| 1650 SOUTH AVE | ROCHESTER | NY | 14620 | NONE | PUBLIC CHARITY | CHARITY | $1,500 |
| YATES CULTURAL & RECREATION RESOURCES | |||||||
| 467 NORTH MAIN ST | PENN YAN | NY | 14527 | NONE | PUBLIC CHARITY | CHARITY | $1,500 |
| YMCA OF GREATER ROCHESTER | |||||||
| 444 EAST MAIN STREET | ROCHESTER | NY | 14604 | NONE | PUBLIC CHARITY | CHARITY | $3,500 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $511,154 | 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 | $115 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $85,175 | RelatedOrExemptFunctionIncmAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $115 | ExclusionAmt |
| Related Or Exempt Function Incm | $85,175 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $85,290 | TotalIncomeProducingActyAmt |
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp (2 entries)
| Line NumberLineNumberTxt | Relationship StatementRelationshipStatementTxt |
|---|---|
| 8 | INCOME GENERATED FROM THE SALE OF SECURITIES IS USED TO CREATE |
| 8 | ADDITIONAL INCOME TO DISTRIBUTE TO CHARITIES |
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 |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp (4 entries)
| ContributorContributorNum | Address Line1ContributorUSAddress/AddressLine1Txt | CityContributorUSAddress/CityNm | State AbbreviationContributorUSAddress/StateAbbreviationCd | ZIPContributorUSAddress/ZIPCd | Total ContributionsTotalContributionsAmt | Person ContributionPersonContributionInd |
|---|---|---|---|---|---|---|
| WANDA POLISSENI | ||||||
| 1 | 16 BEAUCLAIRE LANE | FAIRPORT | NY | 14450 | $140,945 | Yes (X) |
| VALERIE WILCOX | ||||||
| 2 | 31 HYACINTH LANE | FAIRPORT | NY | 14450 | $15,200 | Yes (X) |
| GARY POLISSENI | ||||||
| 3 | 5 WHISPERWOOD DRIVE | VICTOR | NY | 14564 | $2,200 | Yes (X) |
| GREG POLISSENI | ||||||
| 4 | 120 LINDEN OAKS | ROCHESTER | NY | 14625 | $13,000 | Yes (X) |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $3,060 | Amt |
| Net Investment Income | $3,060 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | PAYX STOCK | CategoryOrItemTxt |
| Listed At Cost Or FMV | AT COST | ListedAtCostOrFMVCd |
| Book Value | $6,430 | BookValueAmt |
| EOYFMV | $15,294 | EOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (5 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| NYS FILING FEES | $100 | $0 | $100 |
| PAYROLL PROCESSING FEES | $1,398 | $699 | $699 |
| INSURANCE | $2,051 | $1,025 | $1,026 |
| WEB HOSTING | $254 | $0 | $254 |
| BANK FEE | $16 | $16 | $0 |
Substantial Contributors Sch SubstantialContributorsSch
Substantial Contributor Detail SubstantialContributorDetail (4 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd |
|---|---|---|---|
| WANDA POLISSENI | |||
| 16 BEAUCLAIRE LANE | FAIRPORT | NY | 14450 |
| GARY POLISSENI | |||
| 5 WHISPERWOOD DRIVE | VICTOR | NY | 14564 |
| GREG POLISSENI | |||
| 17 MILES AVENUE | FAIRPORT | NY | 14450 |
| VALERIE WILCOX | |||
| 31 HYACINTH LANE | FAIRPORT | NY | 14450 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| PAYROLL TAXES | $8,371 | $4,185 | $4,185 |
| FEDERAL INCOME TAX | $1,687 | $0 | $0 |
Comments