ROBERTS CHARITABLE FOUNDATION TR 2003: Form 990PF, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- ROBERTS CHARITABLE FOUNDATION TR 2003 (EIN 22-6948512)
- Tax period
- 2019-01-01 to 2019-12-31
- Filed
- 2020-10-21
- IRS object ID
- 202022959349100712
- 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 Other Schedule2
- Legal Fees Schedule
- Other Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2020-10-21T13:39:42-05:00 | ReturnTs |
| Tax Period End | 2019-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 472076095 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Pucci Greene & Fusaro LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 110 Airport Road | AddressLine1Txt |
| City | Westerly | CityNm |
| State Abbreviation | RI | StateAbbreviationCd |
| ZIP | 02891 | 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 | 226948512 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | AM Roberts Charitable Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | ROBE | BusinessNameControlTxt |
| Phone | 4015961926 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 110 Airport Road No 104 | AddressLine1Txt |
| City | Westerly | CityNm |
| State Abbreviation | RI | StateAbbreviationCd |
| ZIP | 02891 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Grant G Simmons III | PersonNm |
| Person Title | Trustee | PersonTitleTxt |
| Phone | 4015961926 | PhoneNum |
| Signature | 2020-10-21 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Stephen M Greene CPA | PreparerPersonNm |
| PTIN | P00191823 | PTIN |
| Phone | 4015961926 | PhoneNum |
| Preparation | 2020-10-21 | PreparationDt |
| Self Employed | Yes (X) | SelfEmployedInd |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 24.249.27.201 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2020-10-21 | IPDt |
| IP Tm | 13:39:38 | IPTm |
| IP Timezone | ED | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 7A767D31B798E1771F472C412B55817E416C3B73 | 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 | $21,530,936 | 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 | $59,344 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $59,344 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $290,316 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $290,316 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $570,394 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $7,019,651 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $570,394 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $37,831 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $37,831 | OtherIncomeNetInvstIncmAmt |
| Other Income Adj Net Incm | $0 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | $957,885 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $957,885 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $0 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Adj Net Incm | $0 | CompOfcrDirTrstAdjNetIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $3,996 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $0 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $3,996 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $3,000 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $750 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $2,250 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $10,590 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $2,648 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Adj Net Incm | $0 | OtherProfFeesAdjNetIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $7,942 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $8,209 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $7,709 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $0 | TaxesAdjNetIncmAmt |
| Taxes Dsbrs Chrtbl | $500 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $158,129 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $81,451 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $0 | OtherExpensesAdjNetIncmAmt |
| Other Expenses Dsbrs Chrtbl | $76,678 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $183,924 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $92,558 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $91,366 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $413,500 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $413,500 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $597,424 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $92,558 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $504,866 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $360,461 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $865,327 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $266,367 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $2,595 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $2,595 | SavAndTempCashInvstEOYFMVAmt |
| Other Investments BOY | $16,950,131 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $20,190,129 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $20,190,129 | OtherInvestmentsEOYFMVAmt |
| Other Assets BOY | $1,208,212 | OtherAssetsBOYAmt |
| Other Assets EOY | $1,338,212 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $1,338,212 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $18,424,710 | TotalAssetsBOYAmt |
| Total Assets EOY | $21,530,936 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $21,530,936 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $18,424,710 | CapitalStockBOYAmt |
| Capital Stock EOY | $21,530,936 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $0 | RetainedEarningBOYAmt |
| Retained Earning EOY | $0 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $18,424,710 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $21,530,936 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $18,424,710 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $21,530,936 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $18,424,710 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $360,461 | ExcessRevenueOverExpensesAmt |
| Other Increases | $2,745,765 | OtherIncreasesAmt |
| Subtotal | $21,530,936 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $21,530,936 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (29 entries)
| PropertyPropertyDesc | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | How AcquiredHowAcquiredCd |
|---|---|---|---|---|---|
| MS 876 034944 207 | $75,332 | $73,191 | $2,141 | $2,141 | |
| MS 876 034944 207 | $558,169 | $481,561 | $76,608 | $76,608 | |
| MS 876 034944 207 | $449,521 | $329,506 | $120,015 | $120,015 | |
| MS 876 034947 207 | $1,000,987 | $1,000,000 | $987 | $987 | |
| MS 876 034952 207 | $340,153 | $368,459 | -$28,306 | -$28,306 | |
| MS 876 034952 207 | $354,749 | $300,838 | $53,911 | $53,911 | |
| MS 876 034953 207 | $9,686 | $10,665 | -$979 | -$979 | |
| MS 876 034953 207 | $274,358 | $272,005 | $2,353 | $2,353 | |
| MS 876 034953 207 | $19,305 | $11,260 | $8,045 | $8,045 | |
| MS 876 034956 207 | $8,101 | $9,485 | -$1,384 | -$1,384 | |
| MS 876 034956 207 | $141,152 | $75,863 | $65,289 | $65,289 | |
| MS 876 034960 207 | $22,625 | $16,192 | $6,433 | $6,433 | |
| MS 876 034960 207 | $433,008 | $312,984 | $120,024 | $120,024 | |
| MS 876 034962 207 | $111,521 | $104,741 | $6,780 | $6,780 | |
| MS 876 034962 207 | $384,815 | $236,149 | $148,666 | $148,666 | |
| MS 876 034963 207 | $145,179 | $144,659 | $520 | $520 | |
| MS 876 034963 207 | $444,630 | $452,080 | -$7,450 | -$7,450 | |
| MS 876 034963 207 | $19,235 | $18,707 | $528 | $528 | |
| MS 876 034965 207 | $221,453 | $218,185 | $3,268 | $3,268 | |
| MS 876 034965 207 | $22,842 | $23,305 | -$463 | -$463 | |
| MS 876 034965 207 | $142,890 | $140,476 | $2,414 | $2,414 | |
| MS 876 034965 207 | $91,344 | $91,804 | -$460 | -$460 | |
| MS 876 038735 207 | $466,161 | $477,802 | -$11,641 | -$11,641 | |
| MS 876 038735 207 | $72,208 | $74,563 | -$2,355 | -$2,355 | |
| MS 876 038736 207 | $165,653 | $169,454 | -$3,801 | -$3,801 | |
| MS 876 038736 207 | $174,347 | $175,272 | -$925 | -$925 | |
| MS 876 038737 207 | $600,000 | $593,460 | $6,540 | $6,540 | |
| MS 876 039646 207 | $270,000 | $266,591 | $3,409 | $3,409 | |
| HedgePremier/RIEF Fund | $227 | $227 | $227 | P |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $570,394 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | -$26,445 | NetShortTermCapitalGainLossAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | 0 | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $213,598 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $17,711,859 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.012060 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $489,536 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $17,306,929 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.028286 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $687,651 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $16,818,457 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.040887 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $2,151,144 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $18,594,911 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.115685 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $796,308 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $19,415,314 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.041014 | DistributionYr5Rt |
| Total Distribution | 0.237932 | TotalDistributionRt |
| Average Distribution | 0.047586 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $18,424,042 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $876,726 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $8,653 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $885,379 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $504,866 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $17,307 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $17,307 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $17,307 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $18,466 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $18,466 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $17 | EsPenaltyAmt |
| Overpayment | $1,142 | OverpaymentAmt |
| Applied To ES Tax | $1,142 | 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 | NY | 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 | Stephen M Greene Administrator | IndividualWithBooksNm |
| Phone | 4015961926 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 110 Airport Road Suite 104 | AddressLine1Txt |
| City | Westerly | CityNm |
| State Abbreviation | RI | StateAbbreviationCd |
| ZIP | 02891 | 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 (3 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 |
|---|---|---|---|---|---|---|---|---|
| Grant G Simmons III | ||||||||
| c/o 110 Airport Road | Westerly | RI | 02891 | Trustee | 3.00 | $0 | $0 | $0 |
| Robert C Murray | ||||||||
| c/o 110 Airport Road | Westerly | RI | 02891 | Trustee | 3.00 | $0 | $0 | $0 |
| Carl A Contiguglia | ||||||||
| c/o 110 Airport Road | Westerly | RI | 02891 | Trustee | 3.00 | $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 | $18,570,130 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $134,481 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $18,704,611 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $18,704,611 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $280,569 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $18,424,042 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $921,202 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $921,202 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $17,307 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $17,307 | TotalTaxAmt |
| Distributable Before Adj | $903,895 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $903,895 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $903,895 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $504,866 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $504,866 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $504,866 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $903,895 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr4 | $1,244,700 | ExcessDistributionCyovYr4Amt |
| Total Excess Distribution Cyov | $1,244,700 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $504,866 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $504,866 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $399,029 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $399,029 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $845,671 | 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 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $845,671 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $845,671 | ExcessFromYear4Amt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (8 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| The Watch Hill Conservancy | ||||||
| One Bay Street | Westerly | RI | 02891 | Public Charity | Education/Research | $90,000 |
| The United Theatre | ||||||
| PO Box 384 | Westerly | RI | 02891 | Public Charity | Theatre/Arts/Capital | $250,000 |
| Chorus of Westerly | ||||||
| 119 High Street | Westerly | RI | 02891 | Public Charity | Capital Project | $25,000 |
| Watch Hill Fire Department | ||||||
| 222 Watch Hill Road | Westerly | RI | 02891 | Public Charity | Safety Equipment | $14,500 |
| Ocean Community Chamber of Commerce | ||||||
| One Chamber Way | Westerly | RI | 02891 | Public Charity | Education/History | $15,000 |
| The Colonial Theatre | ||||||
| PO Box 762 | Westerly | RI | 02891 | Public Charity | Education/Production | $7,500 |
| Lanphear Livery Theatrical Group | ||||||
| 34 Shore Road | Westerly | RI | 02891 | Public Charity | Children | $6,000 |
| Ocean Community YMCA | ||||||
| 95 High Street | Westerly | RI | 02891 | Public Charity | Scholarships | $5,500 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $413,500 | 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 | $59,344 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $290,316 | ExclusionAmt |
Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $37,831 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $570,394 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $957,885 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $957,885 | 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 | Tax Preparation Fees | CategoryTxt |
| Amt | $3,000 | Amt |
| Net Investment Income | $750 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $2,250 | DisbursementsCharitablePrpsAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | Marketable Securities Listing | CategoryOrItemTxt |
| Listed At Cost Or FMV | FMV | ListedAtCostOrFMVCd |
| Book Value | $20,190,129 | BookValueAmt |
| EOYFMV | $20,190,129 | EOYFMVAmt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Legal Fees | CategoryTxt |
| Legal Fees | $3,996 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $3,996 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (2 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| Note Receivable - One Bay Street Center, Inc. | $1,208,212 | $1,208,212 | $1,208,212 |
| Note Receivable - OBSC | $0 | $130,000 | $130,000 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (7 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| Advisory and Investment Fees | $146,946 | $73,473 | $0 | $73,473 |
| Insurance | $4,038 | $1,346 | $0 | $2,692 |
| Annual Meeting | $706 | $353 | $0 | $353 |
| Filing Fees | $240 | $80 | $0 | $160 |
| Investment Interest - HedgePremier | $345 | $345 | $0 | $0 |
| Other HedgePremier Deductions | $1,494 | $1,494 | $0 | $0 |
| Alternative Investment Partners | $4,360 | $4,360 | $0 | $0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| Alternative Investment Partners | $15,648 | $15,648 | $0 |
| Alternative Inv Ptnrs 704(c) | $22,183 | $22,183 | $0 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Unrealized Gain on Portfolio | Desc |
| Amt | $2,745,765 | Amt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Administrator Fees | CategoryTxt |
| Amt | $10,590 | Amt |
| Net Investment Income | $2,648 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $7,942 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (6 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| Foreign Taxes 034952 | $1,053 | $1,053 | $0 | $0 |
| Foreign Taxes 034956 | $1,221 | $1,221 | $0 | $0 |
| Foreign Taxes 034953 | $4,048 | $4,048 | $0 | $0 |
| Foreign Taxes 039646 | $1,060 | $1,060 | $0 | $0 |
| Dept. of Law - New York Atty. Gen. | $750 | $250 | $0 | $500 |
| Foreign Taxes HedgePremier | $77 | $77 | $0 | $0 |
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