BETA

MICHAEL & MARGARET PICOTTE FOUNDATION INC: Form 990PF, tax year 2019

View the entire original 990 at ProPublica ↗

Organization
MICHAEL & MARGARET PICOTTE FOUNDATION INC (EIN 06-1307349)
Tax period
2019-01-01 to 2019-12-31
Filed
2020-11-09
IRS object ID
202033149349100718
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 ReturnHeader

FieldValueIRS element (for citing)
Return2020-11-09T10:11:11-06:00ReturnTs
Tax Period End2019-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1SHADE TREE ADVISORS LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1268 BROADWAY SUITE 101BAddressLine1Txt
CitySARATOGA SPRINGSCityNm
State AbbreviationNYStateAbbreviationCd
ZIP12866ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2019-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN061307349EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1MICHAEL AND MARGARET PICOTTE FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
In Care Of% SHADE TREE ADVISORSInCareOfNm
Business Name ControlMICHBusinessNameControlTxt
Phone5182909460PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1268 BROADWAY 101 C/O SHADE TREEAddressLine1Txt
CitySARATOGA SPRINGSCityNm
State AbbreviationNYStateAbbreviationCd
ZIP12866ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMICHAEL B PICOTTEPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone5182909460PhoneNum
Signature2020-07-11SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMARY CARBONEPreparerPersonNm
PTINP01247414PTIN
Phone5182909460PhoneNum

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address184.74.33.154IPv4AddressTxt
FieldValueIRS element (for citing)
Federal Original Submission Id14408220203145000000FederalOriginalSubmissionId
Federal Original Submission Id2020-11-09FederalOriginalSubmissionIdDt
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device IdD5CA144E4D2CE97C13F326FF615E7F76E2D6D1EAAtSubmissionCreationDeviceId
At Submission Filing Device Id974B189AA03AD2936D6956B9439A8D2DF1AA49E2AtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2019TaxYr
Build TS2021-04-22 16:20:28ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Address ChangeYes (X)AddressChangeInd
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$4,072,266FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$0ContriRcvdRevAndExpnssAmt
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss$18InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$18InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$56,697DividendsRevAndExpnssAmt
Dividends Net Invst Incm$56,697DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$141,481NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$356,721GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$141,481CapGainNetIncmNetInvstIncmAmt
Other Income Rev And Expnss$108OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm$108OtherIncomeNetInvstIncmAmt
Total Rev And Expnss$198,304TotalRevAndExpnssAmt
Total Net Invst Incm$198,304TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$0CompOfcrDirTrstRevAndExpnssAmt
Legal Fees Rev And Expnss$684LegalFeesRevAndExpnssAmt
Legal Fees Net Invst Incm$0LegalFeesNetInvstIncmAmt
Legal Fees Adj Net Incm$0LegalFeesAdjNetIncmAmt
Legal Fees Dsbrs Chrtbl$0LegalFeesDsbrsChrtblAmt
Accounting Fees Rev And Expnss$1,975AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$0AccountingFeesNetInvstIncmAmt
Accounting Fees Adj Net Incm$0AccountingFeesAdjNetIncmAmt
Accounting Fees Chrtbl Prps$1,975AccountingFeesChrtblPrpsAmt
Taxes Rev And Expnss$2,417TaxesRevAndExpnssAmt
Taxes Net Invst Incm$264TaxesNetInvstIncmAmt
Other Expenses Rev And Expnss$4,631OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$4,221OtherExpensesNetInvstIncmAmt
Other Expenses Dsbrs Chrtbl$410OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$9,707TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$4,485TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Adj Net Incm$0TotOprExpensesAdjNetIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$2,385TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$176,920ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$176,920ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$186,627TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$4,485TotalExpensesNetInvstIncmAmt
Total Expenses Adj Net Incm$0TotalExpensesAdjNetIncmAmt
Total Expenses Dsbrs Chrtbl$179,305TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$11,677ExcessRevenueOverExpensesAmt
Net Investment Income$193,819NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$40,348CashBOYAmt
Cash EOY$46,146CashEOYAmt
Cash EOYFMV$46,146CashEOYFMVAmt
Sav And Temp Cash Invst BOY$19,384SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$69,741SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$69,741SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY$1,885,468CorporateStockBOYAmt
Corporate Stock EOY$1,794,254CorporateStockEOYAmt
Corporate Stock EOYFMV$2,979,956CorporateStockEOYFMVAmt
Corporate Bonds BOY$944,727CorporateBondsBOYAmt
Corporate Bonds EOY$975,195CorporateBondsEOYAmt
Corporate Bonds EOYFMV$976,423CorporateBondsEOYFMVAmt
Total Assets BOY$2,889,927TotalAssetsBOYAmt
Total Assets EOY$2,885,336TotalAssetsEOYAmt
Total Assets EOYFMV$4,072,266TotalAssetsEOYFMVAmt
Grants Payable BOY$180,000GrantsPayableBOYAmt
Grants Payable EOY$60,000GrantsPayableEOYAmt
Total Liabilities BOY$180,000TotalLiabilitiesBOYAmt
Total Liabilities EOY$60,000TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Capital Stock BOY$2,709,927CapitalStockBOYAmt
Capital Stock EOY$2,825,336CapitalStockEOYAmt
Tot Net Ast Or Fund Balances BOY$2,709,927TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$2,825,336TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$2,889,927TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$2,885,336TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$2,709,927TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$11,677ExcessRevenueOverExpensesAmt
Other Increases$128,732OtherIncreasesAmt
Subtotal$2,850,336SubtotalAmt
Other Decreases$25,000OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY$2,825,336TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (5 entries)

PropertyPropertyDescAcquiredAcquiredDtSoldSoldDtGross Sales PriceGrossSalesPriceAmtCost Or Other BasisCostOrOtherBasisAmtGain Or LossGainOrLossAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmtHow AcquiredHowAcquiredCd
EDGEWOOD GROWTH FUND2018-12-202019-01-03$35,795$36,076-$281-$281
JENSEN QUALITY GROWTH FUND I2018-12-072019-01-03$65,146$71,023-$5,877-$5,877
EDGEWOOD GROWTH FUND2017-12-202019-01-03$89,205$49,800$39,405$39,405
JENSEN QUALITY GROWTH FUND I2017-12-202019-01-03$59,854$58,341$1,513$1,513
CAPITAL GAIN DIVIDENDS$73,548P
FieldValueIRS element (for citing)
Capital Gain Net Income$141,481CapitalGainNetIncomeAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$179,217AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$3,737,385NetVlNoncharitableAssetsYr1Amt
Distribution Yr10.047953DistributionYr1Rt
Adjusted Qlfy Distri Yr2$170,045AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$3,595,794NetVlNoncharitableAssetsYr2Amt
Distribution Yr20.04729DistributionYr2Rt
Adjusted Qlfy Distri Yr3$158,532AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$3,352,127NetVlNoncharitableAssetsYr3Amt
Distribution Yr30.047293DistributionYr3Rt
Adjusted Qlfy Distri Yr4$148,555AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4$3,258,210NetVlNoncharitableAssetsYr4Amt
Distribution Yr40.045594DistributionYr4Rt
Adjusted Qlfy Distri Yr5$140,805AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5$3,161,034NetVlNoncharitableAssetsYr5Amt
Distribution Yr50.044544DistributionYr5Rt
Total Distribution0.232674TotalDistributionRt
Average Distribution0.046535AverageDistributionRt
Net Vl Noncharitable Assets$3,851,356NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$179,223AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct$1,938NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$181,161AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$179,305QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$3,876InvestmentIncomeExciseTaxAmt
Subtotal$3,876SubtotalAmt
Tax Based On Investment Income$3,876TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$2,400EstimatedPlusOvpmtIncmTxAmt
Extsn Request Income Tax Paid$5,500ExtsnRequestIncomeTaxPaidAmt
Total Payments And Credits$7,900TotalPaymentsAndCreditsAmt
Overpayment$4,024OverpaymentAmt
Applied To ES Tax$4,024AppliedToESTaxAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateNYOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1SHADE TREE ADVISORSBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone5182909460PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1268 BROADWAY SUITE 101AddressLine1Txt
CitySARATOGA SPRINGSCityNm
State AbbreviationNYStateAbbreviationCd
ZIP12866ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
Undistributed Income PYfalseUndistributedIncomePYInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (5 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
MICHAEL B PICOTTE
220 SANFORD AVEPALM BEACHFL33480PRESIDENT1.0$0$0$0
MARGARET L PICOTTE
220 SANFORD AVEPALM BEACHFL33480SECRETARY/TREASURER1.0$0$0$0
NICOLE L SMITH
220 SANFORD AVEPALM BEACHFL33480DIRECTOR1.0$0$0$0
JOSEPH M PICOTTE
220 SANFORD AVEPALM BEACHFL33480DIRECTOR1.0$0$0$0
MICHELLE H PICOTTE
220 SANFORD AVEPALM BEACHFL33480DIRECTOR1.0$0$0$0

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

FieldValueIRS element (for citing)
Description1PLEASE NOTE, THE FOUNDATION IS NOT INVOLVED IN ANY DIRECT CHARITABLE ACTIVITIES. ITS PRIMARY PURPOSE IS TO SUPPORT, BY CONTRIBUTIONS, OTHER CHARITABLE ORGANIZATIONSDescription1Txt
Description2EXEMPT UNDER INTERNAL REVENUE CODE SECTION 501(C)(3).Description2Txt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Description1N/ADescription1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$3,082,321AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$255,672AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$572,013FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$3,910,006TotalFMVOfUnusedAssetsAmt
Acquisition Indebtedness$0AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast$3,910,006AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$58,650CashDeemedCharitableAmt
Net Vl Noncharitable Assets$3,851,356NetVlNoncharitableAssetsAmt
Minimum Investment Return$192,568MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$192,568MinimumInvestmentReturnAmt
Tax Based On Investment Income$3,876TaxBasedOnInvestmentIncomeAmt
Total Tax$3,876TotalTaxAmt
Distributable Before Adj$188,692DistributableBeforeAdjAmt
Distributable Before Ded$188,692DistributableBeforeDedAmt
Distributable As Adjusted$188,692DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$179,305ExpensesAndContributionsAmt
Program Related Invst Total$0ProgramRelatedInvstTotalAmt
Charitable Assets Acquis Paid$0CharitableAssetsAcquisPaidAmt
Set Aside Suitability Test$0SetAsideSuitabilityTestAmt
Set Aside Cash Distri Test$0SetAsideCashDistriTestAmt
Qualifying Distributions$179,305QualifyingDistributionsAmt
Adjusted Qualifying Distri$179,305AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$188,692DistributableAsAdjustedAmt
Undistributed Income PY$173,035UndistributedIncomePYAmt
Prior Year12017PriorYear1Yr
Prior Year22016PriorYear2Yr
Prior Year32015PriorYear3Yr
Qualifying Distributions$179,305QualifyingDistributionsAmt
Applied To Year1$173,035AppliedToYear1Amt
Applied To Current Year$6,270AppliedToCurrentYearAmt
Remaining Distri From Corpus$0RemainingDistriFromCorpusAmt
Total Corpus$0TotalCorpusAmt
Undistributed Income CY$182,422UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$0ExcessDistriCyovToNextYrAmt
Excess From Current Year$0ExcessFromCurrentYearAmt
FieldValueIRS element (for citing)
Private Operating FoundationsPrivateOperatingFoundationsGrp

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerMICHEAL B PICOTTEContributingManagerNm
Shareholder ManagerNONEShareholderManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp

Recipient Business Name RecipientBusinessName

FieldValueIRS element (for citing)
Business Name Line1SEE ATTACHED LISTBusinessNameLine1Txt

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line1268 BROADWAY SUITE 101AddressLine1Txt
CitySARATOGA SPRINGCityNm
State AbbreviationNYStateAbbreviationCd
ZIP12866ZIPCd
FieldValueIRS element (for citing)
Recipient RelationshipNONERecipientRelationshipTxt
Recipient Foundation StatusPCRecipientFoundationStatusTxt
Grant Or Contribution PurposeGENERAL CHARITABLE PURPOSESGrantOrContributionPurposeTxt
Amt$176,920Amt
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$176,920TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

FieldValueIRS element (for citing)
Fees Contracts From Govt AgFeesContractsFromGovtAgGrp
Membership Dues And AssmntMembershipDuesAndAssmntGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$18ExclusionAmt

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$56,697ExclusionAmt
FieldValueIRS element (for citing)
Net Rntl Incm Re Debt Fincd PropNetRntlIncmReDebtFincdPropGrp
Net Rntl Incm Re Not Debt Fincd PropNetRntlIncmReNotDebtFincdProp
Net Rental Income Personal PropNetRentalIncomePersonalPropGrp

Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$108ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion$141,481ExclusionAmt
FieldValueIRS element (for citing)
Net Income Loss From Special EvtNetIncomeLossFromSpecialEvtGrp
Gross Profit Loss Sls Of InvntryGrossProfitLossSlsOfInvntryGrp

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$198,304ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$198,304TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryACCOUNTING FEESCategoryTxt
Amt$1,975Amt
Disbursements Charitable Prps$1,975DisbursementsCharitablePrpsAmt

All Oth Prog Rltd Investments Sch AllOthProgRltdInvestmentsSch

All Other Program Related Invst AllOtherProgramRelatedInvstGrp

FieldValueIRS element (for citing)
DescN/ADesc

Depreciation Schedule DepreciationSchedule

Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule

Investments Corporate Bonds InvestmentsCorporateBondsGrp

FieldValueIRS element (for citing)
BondVANGUARD SHORT TERM INV GRDBondNm
EOY Book Value$975,195EOYBookValueAmt
EOYFMV$976,423EOYFMVAmt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (8 entries)

StockStockNmEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
CVS STOCK$5,476$59,432
EDGEWOOD LC GROWTH$253,330$853,788
JENSEN LC GROWTH$451,136$794,385
MECHANICAL TECH$262,506$1,319
MJP INTERNATIONAL FUND$64,199$85,205
MJP LARGE CAP FUND$15,806$215,384
MJP SMALL CAP FUND$258,317$316,900
VANGUARD DIVIDEND GROWTH$483,484$653,543

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp

FieldValueIRS element (for citing)
CategoryLEGAL FEESCategoryTxt
Legal Fees$684LegalFeesAmt

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail

FieldValueIRS element (for citing)
Desc2018 CHECKS CLEARED IN 2019Desc
Amt$25,000Amt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (4 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmtNet Investment IncomeNetInvestmentIncomeAmt
NY CHAR500$250$250
ADV/MANAG FEES - FIDUCIARY TR$2,030$2,030
OTHER DEDUCTIONS FROM K-1S$2,191$2,191
NY LAW JOURNAL$160$160

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail

FieldValueIRS element (for citing)
DescOTHER INCOME FROM K-1SDesc
Revenue And Expenses Per Books$108RevenueAndExpensesPerBooksAmt
Net Investment Income$108NetInvestmentIncomeAmt

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail (3 entries)

DescDescAmtAmt
K-1 TAX EXEMPT INCOME$75
UNREALIZED ADJUSTMENT$8,657
DECREASE IN GRANTS PAYABLE$120,000

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

CategoryCategoryTxtAmtAmtNet Investment IncomeNetInvestmentIncomeAmt
FEDERAL TAXES$2,153
FOREIGN TAXES FROM K-1S$264$264

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