BABCOCK FAMILY FOUNDATION: Form 990PF, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- BABCOCK FAMILY FOUNDATION (EIN 20-5272437)
- Tax period
- 2019-01-01 to 2019-12-31
- Filed
- 2020-07-14
- IRS object ID
- 202031969349100038
- 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
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Legal Fees Schedule
- Other Expenses Schedule
- Other Increases Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2020-07-14T11:51:21-07:00 | ReturnTs |
| Tax Period End | 2019-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | OWLETT & LEWIS PC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1 CHARLES ST PO BOX 878 | AddressLine1Txt |
| City | WELLSBORO | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 16901 | 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 | 205272437 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Babcock Family Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | BABC | BusinessNameControlTxt |
| Phone | 5707231451 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 22 | AddressLine1Txt |
| City | Lemont | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 16851 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | EDWARD E BABCOCK JR | PersonNm |
| Person Title | Trustee | PersonTitleTxt |
| Phone | 5707231451 | PhoneNum |
| Signature | 2020-06-23 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Michael B Allen | PreparerPersonNm |
| PTIN | P01417328 | PTIN |
| Phone | 5707231475 | PhoneNum |
| Preparation | 2020-07-14 | PreparationDt |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 70.15.245.48 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2020-07-14 | IPDt |
| IP Tm | 11:51:09 | IPTm |
| IP Timezone | PD | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | 7C697F9221740B1DEC9B188E6D67D3118C4998A7 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 7C697F9221740B1DEC9B188E6D67D3118C4998A7 | 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 | $2,205,261 | 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 |
| Dividends Rev And Expnss | $97,083 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $97,083 | DividendsNetInvstIncmAmt |
| Cap Gain Net Incm Net Invst Incm | $17,979 | CapGainNetIncmNetInvstIncmAmt |
| Net ST Capital Gain Adj Net Incm | $517 | NetSTCapitalGainAdjNetIncmAmt |
| Gross Profit Rev And Expnss | $0 | GrossProfitRevAndExpnssAmt |
| Other Income Rev And Expnss | $0 | OtherIncomeRevAndExpnssAmt |
| Total Rev And Expnss | $97,083 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $115,062 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $517 | TotalAdjNetIncmAmt |
| Legal Fees Rev And Expnss | $2,716 | LegalFeesRevAndExpnssAmt |
| Legal Fees Dsbrs Chrtbl | $2,716 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $0 | AccountingFeesRevAndExpnssAmt |
| Other Prof Fees Rev And Expnss | $0 | OtherProfFeesRevAndExpnssAmt |
| Taxes Rev And Expnss | $3,925 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $3,925 | TaxesNetInvstIncmAmt |
| Deprec And Dpltn Rev And Expnss | $0 | DeprecAndDpltnRevAndExpnssAmt |
| Other Expenses Rev And Expnss | $1,826 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $1,781 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $45 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $8,467 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $5,706 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $2,761 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $57,958 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $57,958 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $66,425 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $5,706 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $60,719 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $30,658 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $109,356 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $517 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $85,841 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $114,373 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $114,373 | SavAndTempCashInvstEOYFMVAmt |
| Rcvbl From Officers EOY | $0 | RcvblFromOfficersEOYAmt |
| Other Nts And Loans Rcvbl EOY | $0 | OtherNtsAndLoansRcvblEOYAmt |
| Corporate Stock BOY | $102,750 | CorporateStockBOYAmt |
| Corporate Stock EOY | $103,320 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $234,463 | CorporateStockEOYFMVAmt |
| Land Bldg Investments EOY | $0 | LandBldgInvestmentsEOYAmt |
| Other Investments BOY | $1,575,177 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $1,594,712 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $1,856,425 | OtherInvestmentsEOYFMVAmt |
| Land EOY | $0 | LandEOYAmt |
| Other Assets BOY | $0 | OtherAssetsBOYAmt |
| Other Assets EOY | $0 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $0 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $1,763,768 | TotalAssetsBOYAmt |
| Total Assets EOY | $1,812,405 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $2,205,261 | TotalAssetsEOYFMVAmt |
| Loans From Officers EOY | $0 | LoansFromOfficersEOYAmt |
| Mortgages And Notes Payable EOY | $0 | MortgagesAndNotesPayableEOYAmt |
| Other Liabilities BOY | $0 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $0 | OtherLiabilitiesEOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $1,763,768 | CapitalStockBOYAmt |
| Capital Stock EOY | $1,812,405 | CapitalStockEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $1,763,768 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $1,812,405 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $1,763,768 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $1,812,405 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $1,763,768 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $30,658 | ExcessRevenueOverExpensesAmt |
| Other Increases | $17,979 | OtherIncreasesAmt |
| Subtotal | $1,812,405 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $1,812,405 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (7 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | DepreciationDepreciationAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | FMV As Of123169FMVAsOf123169Amt | Adjusted Basis As Of123169AdjustedBasisAsOf123169Amt | Excess FMV Over Adjusted BssExcessFMVOverAdjustedBssAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Little Lion Investment Club Short Term (From K-1) | P | 2019-01-01 | 2019-12-31 | $0 | $0 | $36 | -$36 | $0 | $0 | $0 | -$36 |
| Little Lion Investment Club Long Term (From K-1) | P | 2018-01-01 | 2019-12-31 | $176 | $0 | $0 | $176 | $0 | $0 | $0 | $176 |
| Nittany Lion Fund, LLC Short Term (From K-1) | P | 2019-01-01 | 2019-12-31 | $0 | $0 | $551 | -$551 | $0 | $0 | $0 | -$551 |
| Nittany Lion Fund, LLC Long Term (From K-1) | P | 2018-01-01 | 2019-12-31 | $848 | $0 | $0 | $848 | $0 | $0 | $0 | $848 |
| Nittany Lion Fund, LLC Un Rec Sec 1250 Term (From K-1) | P | 2017-01-01 | 2019-12-31 | $3 | $0 | $0 | $3 | $0 | $0 | $0 | $3 |
| Edward Jones Short Term (See attached) | P | 2019-01-01 | 2019-12-31 | $7,377 | $0 | $6,273 | $1,104 | $0 | $0 | $0 | $1,104 |
| Edward Jones Long Term (See attached) | P | 2018-01-01 | 2019-12-31 | $181,566 | $0 | $165,131 | $16,435 | $0 | $0 | $0 | $16,435 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $17,979 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | $517 | NetShortTermCapitalGainLossAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Adjusted Qlfy Distri Yr1 | $70,383 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $1,904,868 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.036949 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $123,098 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $1,831,844 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.067199 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $71,336 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $1,636,906 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.043580 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $373,511 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $1,767,451 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.211328 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $59,022 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $1,828,998 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.032270 | DistributionYr5Rt |
| Total Distribution | 0.391326 | TotalDistributionRt |
| Average Distribution | 0.078265 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $1,928,671 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $150,947 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $1,094 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $152,041 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $60,719 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $2,187 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $2,187 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $2,187 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $3,200 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $3,200 | TotalPaymentsAndCreditsAmt |
| Original Return Overpayment | -$3,200 | OriginalReturnOverpaymentAmt |
| Overpayment | $1,013 | OverpaymentAmt |
| Applied To ES Tax | $1,013 | 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 | PA | OrgReportOrRegisterStateCd |
| 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 |
| Individual With Books | Edward E Babcock Jr | IndividualWithBooksNm |
| Phone | 5707231451 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 269 Blue Bird Lane | AddressLine1Txt |
| City | Port Matilda | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 16870 | 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 |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (2 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 |
|---|---|---|---|---|---|---|---|---|
| Edward E Babcock Jr | ||||||||
| 269 Blue Bird Lane | Port Matilda | PA | 16870 | Trustee | 3.00 | $0 | $0 | $0 |
| Rosemary Babcock | ||||||||
| 269 Blue Bird Lane | Port Matilda | PA | 16870 | 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 |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | The Foundation provided grants to charities to further children and youth programs and education, as well as spiritual growth of religious institutions. | Description1Txt |
| Expenses1 | $57,958 | Expenses1Amt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $1,857,933 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $100,109 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $1,958,042 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Adjusted Total FMV Of Unused Ast | $1,958,042 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $29,371 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $1,928,671 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $96,434 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $96,434 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $2,187 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $2,187 | TotalTaxAmt |
| Distributable Before Adj | $94,247 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $94,247 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $94,247 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $60,719 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $60,719 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $60,719 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $94,247 | DistributableAsAdjustedAmt |
| Excess Distribution Cyov Yr5 | $0 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $288,082 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $0 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $33,161 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $0 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $321,243 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $60,719 | QualifyingDistributionsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $60,719 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $33,528 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $33,528 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $287,715 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $287,715 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $254,554 | ExcessFromYear4Amt |
| Excess From Year3 | $0 | ExcessFromYear3Amt |
| Excess From Year2 | $33,161 | ExcessFromYear2Amt |
| Excess From Year1 | $0 | ExcessFromYear1Amt |
| Excess From Current Year | $0 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | Edward E Babcock Jr | ContributingManagerNm |
| Shareholder Manager | None | ShareholderManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (11 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| Penn State University | ||||||
| 201 Shields Building | University Park | PA | 16802 | School | Scholarship | $12,500 |
| State College Alliance Church | ||||||
| 1221 West Whitehall Road | State College | PA | 16801 | 501(c)(3) | Further programs | $29,600 |
| Campus Crusade for Christ International | ||||||
| 100 Lake Hart Drive | Orlando | FL | 32832 | 501(c)(3) | Further programs | $2,400 |
| Nittany Christian School | ||||||
| 1221 W Whitehall Road | State College | PA | 16801 | 501(c)(3) | Futher Programs | $200 |
| The Crossing | ||||||
| 150 S 48th Street | Quincy | IL | 62305 | 501(c)(3) | Wreck the RoofBuilding Campaign | $1,000 |
| Indiana University of PA | ||||||
| 1011 South Drive | Indiana | PA | 15705 | Public | Scholarships | $2,500 |
| A Womans Concern | ||||||
| 423 S Pugh St | State College | PA | 16801 | Public | Futher Programs | $5,500 |
| Pan-Mass Challenge | ||||||
| 77 4th Ave | Needham | MA | 02494 | Public | Futher Programs | $98 |
| Saint Joseph's Catholic Academy | ||||||
| 901 Boalsburg Pike | Boalsburg | PA | 16827 | Public | Futher Programs | $160 |
| Zawadi Fund International | ||||||
| 571 Foxwood Lane | Paoli | PA | 19301 | Public | Futher Programs | $1,000 |
| Family Guidance | ||||||
| 1235 Penn Avenue | Wyomissing | PA | 19610 | Public | Futher Programs | $3,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $57,958 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $97,083 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $97,083 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $97,083 | 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 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (2 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| Little Lion Investment Club (See attached) | $3,320 | $3,320 |
| Nittany Lion Fund, LLC (See attached) | $100,000 | $231,143 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | Edward Jones - Mutual Funds (See attached) | CategoryOrItemTxt |
| Book Value | $1,594,712 | BookValueAmt |
| EOYFMV | $1,856,425 | EOYFMVAmt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | OWLETT & LEWIS, P.C. 990-PF | CategoryTxt |
| Legal Fees | $2,716 | LegalFeesAmt |
| Disbursements Charitable Prps | $2,716 | DisbursementsCharitablePrpsAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (4 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| Investment Expenses | $578 | $578 | |
| Margin Interest | $1 | $1 | |
| Non-Deductible Expenses | $1,202 | $1,202 | |
| Postage | $45 | $45 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Capital Gains/(Losses) | Desc |
| Amt | $17,979 | Amt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| Foreign Tax | $493 | $493 |
| Excise Tax | $3,432 | $3,432 |
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