ROBERT I LAPPIN CHARITABLE FOUNDATION: Form 990PF, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- ROBERT I LAPPIN CHARITABLE FOUNDATION (EIN 04-6579206)
- Tax period
- 2019-01-01 to 2019-12-31
- Filed
- 2020-09-09
- IRS object ID
- 202032539349100003
- Schema version
- 2019v5.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Schedule B
- Accounting Fees Schedule
- Land Etc Schedule2
- Legal Fees Schedule
- Other Assets Schedule
- Other Expenses Schedule
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2020-09-09T05:13:20-07:00 | ReturnTs |
| Tax Period End | 2019-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 841942426 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | J Trainor & Company LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 107 Audubon Rd Ste 110 | AddressLine1Txt |
| City | Wakefield | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 018801245 | 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 | 046579206 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Robert I Lappin Charitable Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | ROBE | BusinessNameControlTxt |
| Phone | 9787440556 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 29 Congress St PO Box 986 | AddressLine1Txt |
| City | Salem | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 01970 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Robert I Lappin | PersonNm |
| Person Title | Trustee | PersonTitleTxt |
| Signature | 2020-09-09 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Joseph Trainor CPA | PreparerPersonNm |
| PTIN | P02264599 | PTIN |
| Phone | 7812797800 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2019 | TaxYr |
| Build TS | 2020-11-19 02:30:22Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $13,240,291 | 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 | $10,156,168 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $57 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $57 | InterestOnSavNetInvstIncmAmt |
| Interest On Savings Adj Net Incm | $57 | InterestOnSavingsAdjNetIncmAmt |
| Dividends Rev And Expnss | $270,326 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $270,326 | DividendsNetInvstIncmAmt |
| Dividends Adj Net Incm | $270,326 | DividendsAdjNetIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $1,545,080 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $44,417,939 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $1,731,598 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $11,971,631 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $2,001,981 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $270,383 | TotalAdjNetIncmAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $268,224 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $268,224 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $10,646 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $10,646 | PensionEmplBnftDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $1,430 | LegalFeesRevAndExpnssAmt |
| Accounting Fees Rev And Expnss | $4,350 | AccountingFeesRevAndExpnssAmt |
| Other Prof Fees Rev And Expnss | $15,663 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $8,202 | OtherProfFeesNetInvstIncmAmt |
| Taxes Rev And Expnss | $10,931 | TaxesRevAndExpnssAmt |
| Trav Conf Meeting Rev And Expnss | $78 | TravConfMeetingRevAndExpnssAmt |
| Printing And Pub Rev And Expnss | $455 | PrintingAndPubRevAndExpnssAmt |
| Other Expenses Rev And Expnss | $87,936 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Dsbrs Chrtbl | $17,792 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $399,713 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $8,202 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $296,662 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $368,054 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $368,054 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $767,767 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $8,202 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $664,716 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $11,203,864 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $1,993,779 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $270,383 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $48,500 | CashBOYAmt |
| Cash EOY | $75,831 | CashEOYAmt |
| Cash EOYFMV | $75,831 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $26,361 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $26,417 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $26,417 | SavAndTempCashInvstEOYFMVAmt |
| Other Nts And Loans Rcvbl BOY | $300,000 | OtherNtsAndLoansRcvblBOYAmt |
| Land Bldg Equip Cost Or Other Bss | $4,754 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $4,754 | LandBldgEquipAccumDeprecAmt |
| Other Assets BOY | $2,351,488 | OtherAssetsBOYAmt |
| Other Assets EOY | $13,138,044 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $13,138,043 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $2,726,349 | TotalAssetsBOYAmt |
| Total Assets EOY | $13,240,292 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $13,240,291 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $7,041 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $11,171 | AccountsPayableEOYAmt |
| Other Liabilities BOY | $6,311 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $5,281 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $13,352 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $16,452 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $2,712,997 | RetainedEarningBOYAmt |
| Retained Earning EOY | $13,223,840 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $2,712,997 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $13,223,840 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $2,726,349 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $13,240,292 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $2,712,997 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $11,203,864 | ExcessRevenueOverExpensesAmt |
| Subtotal | $13,916,861 | SubtotalAmt |
| Other Decreases | $693,021 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $13,223,840 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (4 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| misc Fidelity | P | 2019-01-01 | 2019-10-01 | $39,698,133 | $39,920,365 | -$222,232 | -$222,232 |
| misc Fidelity | P | 2018-01-01 | 2019-10-01 | $2,636,108 | $1,710,112 | $925,996 | $925,996 |
| misc Fidelity | P | 2018-01-01 | 2019-10-01 | $2,083,698 | $1,278,096 | $805,602 | $805,602 |
| Wash Sale | $222,232 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $1,731,598 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $344,524 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $1,439,454 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.23934 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $367,681 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $1,844,344 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.19936 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $349,453 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $1,652,185 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.21151 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $352,248 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $1,079,133 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.32642 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $292,612 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $1,016,830 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.28777 | DistributionYr5Rt |
| Total Distribution | 1.264397 | TotalDistributionRt |
| Average Distribution | 0.252879 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $12,545,309 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $3,172,445 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $19,938 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $3,192,383 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $664,716 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $39,876 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $39,876 | SubtotalAmt |
| Tax Based On Investment Income | $39,876 | TaxBasedOnInvestmentIncomeAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $327 | EsPenaltyAmt |
| Tax Due | $40,203 | TaxDueAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | false | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Deborah Coltin | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 9787440556 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 986 | AddressLine1Txt |
| City | Salem | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 01970 | 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 |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Deborah Coltin | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 29 Congress St | AddressLine1Txt |
| City | Salem | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 01970 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Title | Trustee | TitleTxt |
| Average Hrs Per Wk Devoted To Pos | 10.00 | AverageHrsPerWkDevotedToPosRt |
| Compensation | $0 | CompensationAmt |
Compensation Highest Paid Empl CompensationHighestPaidEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Deborah Coltin | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 18 Mandalay Dr | AddressLine1Txt |
| City | Peabody | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 01960 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Title | Executive Dir. | TitleTxt |
| Average Hrs Per Wk Devoted To Pos | 40.00 | AverageHrsPerWkDevotedToPosRt |
| Compensation | $166,858 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | Youth to Israel, an educational program for Jewish teens and their parents, teaches about Israel, including religion, culture, history and people. Youth to Israel includes a community trip to Israel for teens in July. | Description1Txt |
| Expenses1 | $0 | Expenses1Amt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $11,379,435 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $1,356,919 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $12,736,354 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Adjusted Total FMV Of Unused Ast | $12,736,354 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $191,045 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $12,545,309 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $627,265 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $627,265 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $39,876 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $39,876 | TotalTaxAmt |
| Distributable Before Adj | $587,389 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $587,389 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $587,389 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $664,716 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $664,716 | QualifyingDistributionsAmt |
| Adjusted Qualifying Distri | $664,716 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $587,389 | DistributableAsAdjustedAmt |
| Excess Distribution Cyov Yr5 | $243,297 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $299,072 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $267,909 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $276,803 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $282,855 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $1,369,936 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $664,716 | QualifyingDistributionsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $587,389 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $77,327 | RemainingDistriFromCorpusAmt |
| Total Corpus | $1,447,263 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov From Yr5 | $243,297 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $1,203,966 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $299,072 | ExcessFromYear4Amt |
| Excess From Year3 | $267,909 | ExcessFromYear3Amt |
| Excess From Year2 | $276,803 | ExcessFromYear2Amt |
| Excess From Year1 | $282,855 | ExcessFromYear1Amt |
| Excess From Current Year | $77,327 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (15 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| American For Peace and Tolerance | ||||||
| 15 Main St Ste 118 | Newton | MA | 02472 | 501(c)(3) | For Ongoing Operations | $1,000 |
| Camera Committee for Accuracy | ||||||
| PO Box 35040 | Boston | MA | 02135 | 501(c)(3) | For ongoing operations | $3,600 |
| Hospitality House LLC | ||||||
| 455 TOTTEN POND RD | WALTHAM | MA | 02451 | 501(c)(3) | For ongoing operations | $1,250 |
| Jewish United Fund | ||||||
| Ben Gurion Way 30 S Wells Street | Chicago | IL | 60606 | 501(c)(3) | For ongoing operations | $1,000 |
| Temple Ahavat Achim | ||||||
| 86 Middle St | Gloucester | MA | 01930 | 501(c)(3) | For ongoing operations | $2,000 |
| Combined Jewish Philanthropies | ||||||
| 126 High St Fl 2 | Boston | MA | 02110 | 501(c)(3) | For ongoing operations | $25,000 |
| Dartmouth College | ||||||
| 6016 McNutt Hall | Hanover | NH | 03755 | 501(c)(3) | For ongoing operations | $5,000 |
| JCCNS | ||||||
| 4 Community Rd | Marblehead | MA | 01945 | 501(c)(3) | For ongoing operations | $2,000 |
| CJUI Misc | ||||||
| PO Box 709 | Hillsboro | NH | 03244 | 501(c)(3) | For ongoing operations | $2,500 |
| Jewish Journal | ||||||
| 27 Congress St | Salem | MA | 01970 | 501(c)(3) | For ongoing operations | $1,300 |
| Salem State University | ||||||
| 352 Lafayette Street | Salem | MA | 01970 | 501(c)(3) | For ongoing operations | $5,000 |
| Internl Fellow of Christian &Jews | ||||||
| 30 North LaSalle St | Chicago | IL | 60602 | 501(c)(3) | For ongoing operations | $5,000 |
| Gordon College | ||||||
| 255 Grapevine Road | Wenham | MA | 01984 | 501(c)(3) | For ongoing operations | $10,000 |
| Various | ||||||
| Various Locations | Various | MA | 01945 | 501(c)(3) | For ongoing operations | $840 |
| Lappin Foundaton | ||||||
| 29 Congress St | Salem | MA | 01970 | 501(c)(3) | For ongoing operations | $302,564 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $368,054 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $57 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $270,326 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $35,714 | ExclusionAmt |
| Related Or Exempt Function Incm | $1,509,366 | RelatedOrExemptFunctionIncmAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $306,097 | ExclusionAmt |
| Related Or Exempt Function Incm | $1,509,366 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $1,815,463 | TotalIncomeProducingActyAmt |
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Line Number | 4 | LineNumberTxt |
| Relationship Statement | To fund charitable Programs | RelationshipStatementTxt |
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 (14 entries)
| ContributorContributorNum | Address Line1ContributorUSAddress/AddressLine1Txt | CityContributorUSAddress/CityNm | State AbbreviationContributorUSAddress/StateAbbreviationCd | ZIPContributorUSAddress/ZIPCd | Total ContributionsTotalContributionsAmt | Person ContributionPersonContributionInd |
|---|---|---|---|---|---|---|
| Andrew Lappin | ||||||
| 1 | 630 Lincoln | Glencoe | IL | 60022 | $243,155 | Yes (X) |
| Peter Lappin | ||||||
| 2 | 46 Neptune St | Beverly | MA | 01915 | $726,385 | Yes (X) |
| Nacy Lappin | ||||||
| 3 | 172 Beacon St | Boston | MA | 02116 | $726,385 | Yes (X) |
| Robert I Lappin | ||||||
| 4 | 60 Littles Point | Swampscott | MA | 01907 | $325,043 | Yes (X) |
| Shetland Properties Inc | ||||||
| 5 | 29 Congress St | Salem | MA | 01970 | $250,000 | Yes (X) |
| 1976 Trust Andrew | ||||||
| 6 | 29 Congress St | Salem | MA | 01970 | $922,500 | Yes (X) |
| 1976 Trust Peter | ||||||
| 7 | 29 Congress St | Salem | MA | 01970 | $1,155,750 | Yes (X) |
| 1976 Trust Nancy | ||||||
| 8 | 29 Congress St | Salem | MA | 01970 | $1,155,750 | Yes (X) |
| Combined Jewish Philanthropies | ||||||
| 9 | 126 High Street | Boston | MA | 02110 | $25,000 | Yes (X) |
| Dartmouth College Fund | ||||||
| 10 | 6066 Development Office | Hanover | NH | 03755 | $5,000 | Yes (X) |
| Gordon College | ||||||
| 11 | 255 Grapevine Road | Wenham | MA | 01984 | $10,000 | Yes (X) |
| Salem State University | ||||||
| 12 | Meier Hall Room 316 | Salem | MA | 01970 | $5,000 | Yes (X) |
| Intern'l Fellowship of Chritians | ||||||
| 13 | 30 North LaSalle Street | Chicago | IL | 60602 | $5,000 | Yes (X) |
| Estate of Marion Lappin | ||||||
| 14 | 29 Congress St | Salem | MA | 01970 | $4,599,500 | Yes (X) |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Trainor | CategoryTxt |
| Amt | $4,350 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | Machinery and Equipment | CategoryOrItemTxt |
| Cost Or Other Basis | $4,754 | CostOrOtherBasisAmt |
| Accumulated Depreciation | $4,754 | AccumulatedDepreciationAmt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Legal | CategoryTxt |
| Legal Fees | $1,430 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (4 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| Fidelity | $2,351,488 | $12,736,354 | |
| Investment Assts | $13,138,043 | ||
| Rounding | $1 | ||
| UBS | $401,689 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (16 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|
| Advertising | $963 | |
| Computer Support | $16,648 | |
| Group Insurance | $16,394 | |
| Insurance - General | $1,883 | |
| Insurance D&O | $1,338 | |
| Internet | $649 | |
| JCC - Annaul Report | $1,000 | |
| Lappin Foundation Mgr | $15,785 | |
| Misc | $131 | |
| Office | $8,403 | |
| Payroll Taxes | $17,792 | $17,792 |
| Postage | $500 | |
| Telephone | $2,314 | |
| Utilities | $2,377 | |
| WC Insurance | $983 | |
| Web Hosting | $776 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail (2 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt |
|---|---|---|
| Accrued Expenses | $6,310 | $5,281 |
| Rounding | $1 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (4 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| Fundraising | $6,049 | $0 | $0 | $0 |
| Investment Exp | $2,142 | $2,142 | $0 | $0 |
| Payroll Fee | $412 | $0 | $0 | $0 |
| Prof Fee | $7,060 | $6,060 | $0 | $0 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | tax expense | CategoryTxt |
| Amt | $10,931 | Amt |
Comments