JAFFE FOUNDATION: Form 990PF, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- JAFFE FOUNDATION (EIN 06-1469004)
- Tax period
- 2019-01-01 to 2019-12-31
- Filed
- 2020-11-12
- IRS object ID
- 202023179349100212
- 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
- Depreciation Schedule
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Other Assets Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Professional Fees Schedule
- Substantial Contributors Sch
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2020-11-12T07:53:09-06:00 | ReturnTs |
| Tax Period End | 2019-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Sayles & Evans | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | One West Church Street | AddressLine1Txt |
| City | Elmira | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 14901 | 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 | 061469004 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Jaffe Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % MARKET STREET SERVICES LLC | InCareOfNm |
| Business Name Control | JAFF | BusinessNameControlTxt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 80 E Market Street Ste 300 | AddressLine1Txt |
| City | Corning | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 14830 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DOUGLAS JAFFE | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 6079626876 | PhoneNum |
| Signature | 2020-10-25 | SignatureDt |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Steven E Agan | PreparerPersonNm |
| PTIN | P00545842 | PTIN |
| Phone | 6077342271 | PhoneNum |
| Preparation | 2020-10-25 | PreparationDt |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 72.43.43.186 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Federal Original Submission Id | 16290720203175000002 | FederalOriginalSubmissionId |
| Federal Original Submission Id | 2020-11-12 | FederalOriginalSubmissionIdDt |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | 71ECC7F942B8DA640E5CC9F10AC9190152316416 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 71ECC7F942B8DA640E5CC9F10AC9190152316416 | 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 | $8,164,372 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $750,195 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $978 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $978 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $125,870 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $125,870 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $354,592 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $387,154 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $354,592 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $1,231,635 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $481,440 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Other Prof Fees Rev And Expnss | $21,009 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $21,009 | OtherProfFeesNetInvstIncmAmt |
| Taxes Rev And Expnss | $42,987 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $4,983 | TaxesNetInvstIncmAmt |
| Other Expenses Rev And Expnss | $14,794 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $14,659 | OtherExpensesNetInvstIncmAmt |
| Tot Opr Expenses Rev And Expnss | $78,790 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $40,651 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $190,783 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $190,783 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $269,573 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $40,651 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $190,783 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $962,062 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $440,789 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $1,007,076 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $738,319 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $738,319 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $501,087 | CorporateStockBOYAmt |
| Corporate Stock EOY | $544,087 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $693,662 | CorporateStockEOYFMVAmt |
| Corporate Bonds EOY | $7,259 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $249,538 | CorporateBondsEOYFMVAmt |
| Other Assets BOY | $4,997,861 | OtherAssetsBOYAmt |
| Other Assets EOY | $5,468,132 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $6,482,853 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $6,506,024 | TotalAssetsBOYAmt |
| Total Assets EOY | $6,757,797 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $8,164,372 | TotalAssetsEOYFMVAmt |
| Grants Payable BOY | $955,783 | GrantsPayableBOYAmt |
| Grants Payable EOY | $350,000 | GrantsPayableEOYAmt |
| Total Liabilities BOY | $955,783 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $350,000 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $5,550,241 | CapitalStockBOYAmt |
| Capital Stock EOY | $6,407,797 | CapitalStockEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $5,550,241 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $6,407,797 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $6,506,024 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $6,757,797 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $5,550,241 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $962,062 | ExcessRevenueOverExpensesAmt |
| Other Increases | $605,868 | OtherIncreasesAmt |
| Subtotal | $7,118,171 | SubtotalAmt |
| Other Decreases | $710,374 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $6,407,797 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (3 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| 1525 SH NIKE, INC | D | 1994-09-21 | 2019-09-17 | $132,797 | $2,858 | $129,939 | $129,939 |
| 3442 SH PAYPAL | D | 2009-04-22 | 2019-09-17 | $369,012 | $29,704 | $339,308 | $339,308 |
| LITIGATION SETTLEMENT | P | 2001-01-01 | 2019-07-17 | $247 | $247 | $247 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $354,592 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $114,073 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $6,496,190 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.01756 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $531,798 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $5,114,278 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.103983 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $409,571 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $3,383,118 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.121063 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $338,884 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $3,777,069 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.089721 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $297,836 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $3,833,556 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.077692 | DistributionYr5Rt |
| Total Distribution | 0.410019 | TotalDistributionRt |
| Average Distribution | 0.082004 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $7,131,941 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $584,848 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $4,408 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $589,256 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $190,783 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $8,816 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $8,816 | SubtotalAmt |
| Tax Based On Investment Income | $8,816 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $24,546 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $24,546 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $335 | EsPenaltyAmt |
| Overpayment | $15,395 | OverpaymentAmt |
| Applied To ES Tax | $15,395 | AppliedToESTaxAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | CT | OrgReportOrRegisterStateCd |
| Org Report Or Register State | DE | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | Yes (true) | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MARKET STREET SERVICES LLC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8009626876 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 80 E MARKET ST STE 300 | AddressLine1Txt |
| City | CORNING | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 14830 | 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 | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| 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 (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 |
|---|---|---|---|---|---|---|---|---|
| DAVID M JAFFE | ||||||||
| 80 E Market Street Ste 300 | Corning | NY | 14830 | TREASURER | 1.0 | $0 | $0 | $0 |
| AMY D JAFFE | ||||||||
| 80 E Market Street Ste 300 | Corning | NY | 14830 | DIRECTOR | 0.25 | $0 | $0 | $0 |
| DOUGLAS JAFFE | ||||||||
| 80 E Market Street Ste 300 | Corning | NY | 14830 | PRESIDENT, SECRETARY | 1.0 | $0 | $0 | $0 |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | N/A | Description1Txt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | NONE | Description1Txt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $6,659,887 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $580,662 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $7,240,549 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $7,240,549 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $108,608 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $7,131,941 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $356,597 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $356,597 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $8,816 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $8,816 | TotalTaxAmt |
| Distributable Before Adj | $347,781 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $347,781 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $347,781 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $190,783 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $0 | CharitableAssetsAcquisPaidAmt |
| Set Aside Suitability Test | $0 | SetAsideSuitabilityTestAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $190,783 | QualifyingDistributionsAmt |
| Adjusted Qualifying Distri | $190,783 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $347,781 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Prior Year1 | 2017 | PriorYear1Yr |
| Prior Year2 | 2016 | PriorYear2Yr |
| Prior Year3 | 2015 | PriorYear3Yr |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $92,059 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $158,819 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $268,083 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $302,731 | ExcessDistributionCyovYr2Amt |
| Total Excess Distribution Cyov | $821,692 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $190,783 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Current Year | $190,783 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $156,998 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $156,998 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $664,694 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $664,694 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $93,880 | ExcessFromYear4Amt |
| Excess From Year3 | $268,083 | ExcessFromYear3Amt |
| Excess From Year2 | $302,731 | ExcessFromYear2Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | DAVID M JAFFE AMY JAFFE | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (4 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| CLARK UNIVERSITY | |||||||
| 950 MAIN STREET | WORCESTER | MA | 01610 | NONE | PC | OFFICE OF MULTICULTURAL AND FIRST GENERATION STUDENT SUPPORT | $105,783 |
| LEAP INC | |||||||
| 31 JEFFERSON STREET | NEW HAVEN | CT | 06511 | NONE | PC | GENERAL SUPPORT | $10,000 |
| GUILFORD FOUNDATION | |||||||
| PO BOX 35 | GUILFORD | CT | 06437 | NONE | PC | GUILFORD ABC SCHOLARSHIP FUND | $50,000 |
| WOMEN AND FAMILY LIFE | |||||||
| 96 FAIR STREET | GUILFORD | CT | 06437 | NONE | PC | GROWTH AND POSSIBILTIES FUND, GUIDED ASSISTANCE PROGRAM | $25,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $190,783 | TotalGrantOrContriPdDurYrAmt |
Grant Or Contri Apprv For Fut GrantOrContriApprvForFutGrp
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BENNINGTON COLLEGE | BusinessNameLine1Txt |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | ONE COLLEGE DRIVE | AddressLine1Txt |
| City | BENNINGTON | CityNm |
| State Abbreviation | VT | StateAbbreviationCd |
| ZIP | 05201 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Relationship | NONE | RecipientRelationshipTxt |
| Recipient Foundation Status | PC | RecipientFoundationStatusTxt |
| Grant Or Contribution Purpose | SCHOLARSHIP, ENDOWMENT | GrantOrContributionPurposeTxt |
| Amt | $350,000 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Apprv Fut | $350,000 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fees Contracts From Govt Ag | FeesContractsFromGovtAgGrp | |
| Membership Dues And Assmnt | MembershipDuesAndAssmntGrp |
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $978 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $125,870 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Rntl Incm Re Debt Fincd Prop | NetRntlIncmReDebtFincdPropGrp | |
| Net Rntl Incm Re Not Debt Fincd Prop | NetRntlIncmReNotDebtFincdProp | |
| Net Rental Income Personal Prop | NetRentalIncomePersonalPropGrp | |
| Other Investment Incm Part VII | OtherInvestmentIncmPartVIIGrp |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $354,592 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $481,440 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $481,440 | 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 |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Contributor Person | DAVID M JAFFE | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 80 E MARKET ST STE 300 | AddressLine1Txt |
| City | CORNING | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 14830 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $750,195 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
| Noncash Contribution | Yes (X) | NoncashContributionInd |
Depreciation Schedule DepreciationSchedule
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | COSTCO WHOLESALE CORP. | BondNm |
| EOY Book Value | $7,259 | EOYBookValueAmt |
| EOYFMV | $249,538 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (2 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| FIDUCIARY TRUST COMPANY INT'L | $1,087 | $969 |
| VANGUARD TOTAL ST FUND | $543,000 | $692,693 |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (3 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| MS GLOBAL ALERNATIVE FUND | $1,138,718 | $1,097,734 | $1,196,843 |
| MS GLOBAL CREDIT FUND | $313,566 | $368,411 | $361,457 |
| MS GLOBAL EQUITY FUND | $3,545,577 | $4,001,987 | $4,924,553 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | APPRECIATION ON CONTRIBUTED STOCK | Desc |
| Amt | $710,374 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (4 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| FILING FEE | $135 | |
| MS GLOBAL ALTERNATIVES FUND | $4,402 | $4,402 |
| MS GLOBAL CREDIT FUND | $1,335 | $1,335 |
| MS GLOBAL EQUITY FUND | $8,922 | $8,922 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (3 entries)
| DescDesc |
|---|
| FIDUCIARY TRUST COMPANY |
| PARTNERSHIP DISTRIBUTIONS |
| ENTERPRISE PRODUCTS PARTNERS K-1 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail (2 entries)
| DescDesc | AmtAmt |
|---|---|
| DECREASE IN GRANTS PAYABLE | $605,783 |
| BOOK/TAX DIFFERENCE | $85 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| MARKET STREET TRUST COMPANY | $20,881 | $20,881 |
| LAZARD INVESTMENT ADVISORS | $128 | $128 |
Substantial Contributors Sch SubstantialContributorsSch
Substantial Contributor Detail SubstantialContributorDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DAVID M JAFFE | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 80 E MARKET ST STE 300 | AddressLine1Txt |
| City | CORNING | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 14830 | ZIPCd |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (5 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| FEDERAL TAX PAYMENTS | $37,656 | |
| FORIEGN TAXES | ||
| MS GLOBAL EQUITY FUND | $4,305 | $4,305 |
| MS GLOBAL ALTERNATIVES | $678 | $678 |
| TAX PENALTIES/INTEREST | $348 |
Comments