THE BISCONTI FAMILY FOUNDATION: Form 990PF, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- THE BISCONTI FAMILY FOUNDATION (EIN 47-2356889)
- Tax period
- 2019-01-01 to 2019-12-31
- Filed
- 2020-11-16
- IRS object ID
- 202033219349107588
- 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
- Depreciation Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Legal Fees Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Notes Loans Rcvbl Long Sch
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2020-11-16T21:06:44-06:00 | ReturnTs |
| Tax Period End | 2019-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Foundation Source | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | One Hollow Ln Ste 212 | AddressLine1Txt |
| City | Lake Success | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 11042 | 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 | 472356889 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Bisconti Family Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % Foundation Source | InCareOfNm |
| Business Name Control | BISC | BusinessNameControlTxt |
| Phone | 8008391754 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | Foundation Source 501 Silverside Rd | AddressLine1Txt |
| City | Wilmington | CityNm |
| State Abbreviation | DE | StateAbbreviationCd |
| ZIP | 198091377 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | BENJAMIN BISCONTI | PersonNm |
| Person Title | president | PersonTitleTxt |
| Phone | 8008391754 | PhoneNum |
| Signature | 2020-11-10 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Jeffrey D Haskell | PreparerPersonNm |
| PTIN | P01345770 | PTIN |
| Phone | 8008391754 | PhoneNum |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 24.187.244.114 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Federal Original Submission Id | 06391520203215000106 | FederalOriginalSubmissionId |
| Federal Original Submission Id | 2020-11-16 | FederalOriginalSubmissionIdDt |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | BC971FC33BAF52379132A0473611089A0DAEC697 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 7BF5D970173F08C00D1B3AAEC933A0B5EB6E9A15 | 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 | $12,226,560 | 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 | $0 | ContriRcvdRevAndExpnssAmt |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $8,536 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $8,536 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $293,198 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $293,198 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $461,896 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $8,126,562 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $1,455,756 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | -$71,330 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $162,383 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $692,300 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $1,919,873 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Legal Fees Rev And Expnss | $1,345 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $1,345 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $0 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $0 | LegalFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $45,940 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $9,560 | TaxesNetInvstIncmAmt |
| Other Expenses Rev And Expnss | $198,002 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $160,121 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $34,007 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $245,287 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $171,026 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $34,007 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $1,659,512 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $1,659,512 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,904,799 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $171,026 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,693,519 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$1,212,499 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $1,748,847 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $452,689 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $704,896 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $704,896 | SavAndTempCashInvstEOYFMVAmt |
| Other Nts And Loans Rcvbl | $712,500 | OtherNtsAndLoansRcvblAmt |
| Other Nts And Loans Rcvbl BOY | $0 | OtherNtsAndLoansRcvblBOYAmt |
| Other Nts And Loans Rcvbl EOY | $712,500 | OtherNtsAndLoansRcvblEOYAmt |
| Other Nts And Loans Rcvbl EOYFMV | $712,500 | OtherNtsAndLoansRcvblEOYFMVAmt |
| Corporate Stock BOY | $8,198,279 | CorporateStockBOYAmt |
| Corporate Stock EOY | $2,953,453 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $2,364,000 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $4,336,111 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $7,403,609 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $8,445,164 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $12,987,079 | TotalAssetsBOYAmt |
| Total Assets EOY | $11,774,458 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $12,226,560 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $12,987,079 | RetainedEarningBOYAmt |
| Retained Earning EOY | $11,774,458 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $12,987,079 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $11,774,458 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $12,987,079 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $11,774,458 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $12,987,079 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$1,212,499 | ExcessRevenueOverExpensesAmt |
| Subtotal | $11,774,580 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $11,774,580 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)
| PropertyPropertyDesc | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|
| Publicly-traded Securities | $8,126,562 | $6,671,267 | $1,455,295 | $1,455,295 |
| Passthrough K1 Capital Gain/(Loss) | $461 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $1,455,756 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $1,602,121 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $12,924,435 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.123961 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $645,933 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $11,013,181 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.058651 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $680,951 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $7,377,696 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.092299 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $431,542 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $5,240,440 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.082348 | DistributionYr4Rt |
| Net Vl Noncharitable Assets Yr5 | $2,580,084 | NetVlNoncharitableAssetsYr5Amt |
| Total Distribution | 0.357259 | TotalDistributionRt |
| Average Distribution | 0.071452 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $11,832,855 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $845,481 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $17,488 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $862,969 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $1,693,519 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Domestic Org Meeting Sect4940e | Yes (X) | DomesticOrgMeetingSect4940eInd |
| Investment Income Excise Tax | $17,488 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $17,488 | SubtotalAmt |
| Tax Based On Investment Income | $17,488 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $54,019 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $54,019 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Overpayment | $36,531 | OverpaymentAmt |
| Applied To ES Tax | $17,500 | AppliedToESTaxAmt |
| Refund | $19,031 | RefundAmt |
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 | DE | 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 |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Foundation Source | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8008391754 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 501 Silverside Road Suite 123 | AddressLine1Txt |
| City | Wilmington | CityNm |
| State Abbreviation | DE | StateAbbreviationCd |
| ZIP | 198091377 | 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 (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 |
|---|---|---|---|---|---|---|---|---|
| Ben Bisconti | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Pres, Dir, Treas | 1.0 | $0 | $0 | $0 |
| Dana Bisconti | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Dir, Sec | 1.0 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Summary Of Direct Chrtbl Acty | SummaryOfDirectChrtblActyGrp | |
| Sum Of Program Related Invst | SumOfProgramRelatedInvstGrp |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $9,237,940 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $1,572,940 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $1,202,171 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $12,013,051 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $12,013,051 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $180,196 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $11,832,855 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $591,643 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $591,643 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $17,488 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $17,488 | TotalTaxAmt |
| Distributable Before Adj | $574,155 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $574,155 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $574,155 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,693,519 | 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 | $1,693,519 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $17,488 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $1,676,031 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $574,155 | DistributableAsAdjustedAmt |
| Prior Year1 | 2017 | PriorYear1Yr |
| Prior Year2 | 2016 | PriorYear2Yr |
| Prior Year3 | 2015 | PriorYear3Yr |
| Excess Distribution Cyov Yr4 | $168,199 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $372,327 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $166,674 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $1,019,177 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $1,726,377 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $1,693,519 | QualifyingDistributionsAmt |
| Applied To Current Year | $574,155 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $1,119,364 | RemainingDistriFromCorpusAmt |
| Total Corpus | $2,845,741 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $2,845,741 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $168,199 | ExcessFromYear4Amt |
| Excess From Year3 | $372,327 | ExcessFromYear3Amt |
| Excess From Year2 | $166,674 | ExcessFromYear2Amt |
| Excess From Year1 | $1,019,177 | ExcessFromYear1Amt |
| Excess From Current Year | $1,119,364 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | Ben Bisconti | ContributingManagerNm |
| Contributing Manager | Dana Bisconti | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (27 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| BOYS & GIRLS CLUB OF THE PENINSULA | |||||||
| 401 PIERCE RD | MENLO PARK | CA | 94025 | N/A | PC | General & Unrestricted | $101,000 |
| BOYS & GIRLS CLUB OF THE PENINSULA | |||||||
| 401 PIERCE RD | MENLO PARK | CA | 94025 | N/A | PC | Charitable Event | $3,000 |
| CHALLENGED ATHLETES INC | |||||||
| 9591 WAPLES ST | SAN DIEGO | CA | 92121 | N/A | PC | General & Unrestricted | $500 |
| CONEY ISLAND PREP BUILDERS INC | |||||||
| 315 AVE U | BROOKLYN | NY | 11223 | N/A | PC | General & Unrestricted | $5,000 |
| EAST PALO ALTO TENNIS AND TUTORING | |||||||
| PO BOX 60597 | PALO ALTO | CA | 94306 | N/A | PC | General & Unrestricted | $20,000 |
| EASTSIDE COLLEGE PREPARATORY SCHOOL INC | |||||||
| 1041 MYRTLE ST | E PALO ALTO | CA | 94303 | N/A | PC | General & Unrestricted | $269,000 |
| KING BAUDOUIN FOUNDATION UNITED STATES INC | |||||||
| 10 ROCKEFELLER PL 16TH FL | NEW YORK | NY | 10020 | N/A | PC | Food for Education program | $25,000 |
| MATRICULATE INC | |||||||
| 110 WALL ST | NEW YORK | NY | 10005 | N/A | PC | General & Unrestricted | $50,000 |
| MENLO SCHOOL | |||||||
| 50 VALPARAISO AVE | ATHERTON | CA | 94027 | N/A | PC | Charitable Event | $60,780 |
| MENLO SCHOOL | |||||||
| 50 VALPARAISO AVE | ATHERTON | CA | 94027 | N/A | PC | Annual Fund | $25,000 |
| MENLO SCHOOL | |||||||
| 50 VALPARAISO AVE | ATHERTON | CA | 94027 | N/A | PC | Menlo Centennial Campaign | $175,000 |
| PLANNED PARENTHOOD MAR MONTE INC | |||||||
| 1691 THE ALAMEDA | SAN JOSE | CA | 95126 | N/A | PC | Charitable Event | $50,000 |
| PLANNED PARENTHOOD MAR MONTE INC | |||||||
| 1691 THE ALAMEDA | SAN JOSE | CA | 95126 | N/A | PC | Site Director Fund for Redwood City and Merced | $5,000 |
| PRESIDENT AND FELLOWS OF HARVARD COLLEGE | |||||||
| 124 MOUNT AUBURN ST | CAMBRIDGE | MA | 02138 | N/A | PC | Bisconti Family Undergraduate Scholarship Fund | $75,000 |
| PRESIDENT AND FELLOWS OF HARVARD COLLEGE | |||||||
| 124 MOUNT AUBURN ST | CAMBRIDGE | MA | 02138 | N/A | PC | Bisconti Family Undergraduate Scholarship Fund | $75,000 |
| PRESIDENT AND FELLOWS OF HARVARD COLLEGE - HARVARD | |||||||
| 13 APPIAN WAY | CAMBRIDGE | MA | 02138 | N/A | PC | Leadership Fellowship Support Fund | $50,000 |
| PRESIDENT-BOARD OF TRUSTEES SANTA CLARA COLLEGE - | |||||||
| 500 EL CAMINO REAL | SANTA CLARA | CA | 95053 | N/A | PC | Miller Center | $125,000 |
| STANFORD UNIVERSITY | |||||||
| PO BOX 20466 | STANFORD | CA | 94309 | N/A | PC | Rhiju Das' EteRNA Research Fund | $50,000 |
| STRONG CITY BALTIMORE | |||||||
| 2101 E BIDDLE ST | BALTIMORE | MD | 21213 | N/A | PC | General & Unrestricted | $10,000 |
| THE BASIC FUND | |||||||
| 1301 CLAY ST 70450 | OAKLAND | CA | 94612 | N/A | PC | General & Unrestricted | $48,000 |
| THE UCLA FOUNDATION | |||||||
| PO BOX 7145 | PASADENA | CA | 91109 | N/A | PC | Bisconti Family Fellowship at The Anderson School | $100,000 |
| U C SANTA CRUZ FOUNDATION | |||||||
| 1156 HIGH ST | SANTA CRUZ | CA | 95064 | N/A | PC | Slugbotics Team | $500 |
| UASPIRE INC | |||||||
| 1904 FRANKLIN ST STE 250 | OAKLAND | CA | 94612 | N/A | PC | General & Unrestricted | $30,000 |
| UNIVERSITY OF CALIFORNIA BERKELEY FOUNDATION | |||||||
| 1995 UNIVERSITY AVE STE 400 | BERKELEY | CA | 94704 | N/A | PC | Bisconti Family Fiat Lux Scholarship fund | $250,000 |
| UNIVERSITY OF CALIFORNIA BERKELEY FOUNDATION | |||||||
| 1995 UNIVERSITY AVE STE 400 | BERKELEY | CA | 94704 | N/A | PC | Football ESP Program | $6,732 |
| UNIVERSITY OF CALIFORNIA BERKELEY FOUNDATION | |||||||
| 1995 UNIVERSITY AVE STE 400 | BERKELEY | CA | 94704 | N/A | PC | Rob Chandra Memorial Fund for Excellence in Teaching | $25,000 |
| UNIVERSITY OF COLORADO FOUNDATION-DENVER CAMPUS | |||||||
| PO BOX 17126 | DENVER | CO | 80217 | N/A | PC | CU Boulder Parent Fund | $25,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $1,659,512 | TotalGrantOrContriPdDurYrAmt |
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 | $8,536 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $293,198 | 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 | $461,896 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Other Revenue Described OtherRevenueDescribedGrp (2 entries)
| DescDesc | BusinessBusinessCd | Unrelated Business Taxbl IncmUnrelatedBusinessTaxblIncmAmt | ExclusionExclusionCd | ExclusionExclusionAmt |
|---|---|---|---|---|
| K-1 Inc/Loss | 525990 | -$233,835 | 14 | $144,502 |
| INTEREST INCOME FROM NOTES | $17,881 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | -$233,835 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $926,013 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $692,178 | 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 |
Depreciation Schedule DepreciationSchedule
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (4 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| INFRASTRUCTURE & ENERGY ALTERN | $500,765 | $161,000 |
| TEEKAY LNG PARTNERS LP | $1,077,527 | $933,600 |
| WC SACD HOLDINGS INC. WARRANTS | $0 | |
| WESTERN DIGITAL CORP | $1,375,161 | $1,269,400 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (10 entries)
| Category Or ItemCategoryOrItemTxt | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| ACCOLADE PARTNERS VII, L.P | $39,930 | $44,625 |
| BROOKFIELD INFRASTRUCTURE PART | $1,883,776 | $1,999,600 |
| BROOKFIELD RENEWABLE PARTNERS, | $961,676 | $1,632,050 |
| C&S FCLP, LLC | $916,897 | $947,465 |
| C&S MISSION LANE, LLC | $325,375 | $333,550 |
| C&S SEMPER VIRENS, LLC | $446,774 | $515,779 |
| LUX CO-INVEST OPPORTUNITIES II | $2,409 | $1,969 |
| LUX VENTURES VI, L.P | $24,646 | $24,117 |
| MPLX LP | $2,402,117 | $2,546,000 |
| WC SACD HOLDINGS INC SER A-2 P | $400,009 | $400,009 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | DOCUMENT REVIEW/DRAFTING | CategoryTxt |
| Legal Fees | $1,345 | LegalFeesAmt |
| Net Investment Income | $1,345 | NetInvestmentIncomeAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (12 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| Administrative Fees | $33,982 | $33,982 | |
| Bank Charges | $470 | $470 | |
| K-1 Exp ACCOLADE PARTNERS VII, | $7,569 | $4,804 | |
| K-1 Exp BROOKFIELD INFRASTRUCT | $32,351 | $32,351 | |
| K-1 Exp BROOKFIELD RENEWABLE P | $5,208 | $5,208 | |
| K-1 Exp C&S FCLP, LLC | $65,167 | $64,946 | |
| K-1 Exp C&S MISSION LANE, LLC | $9,779 | $9,185 | |
| K-1 Exp C&S SEMPER VIRENS, LLC | $37,766 | $37,703 | |
| K-1 Exp LUX CO-INVEST OPPORTUN | $91 | $91 | |
| K-1 Exp LUX VENTURES VI, L.P | $5,354 | $5,354 | |
| K-1 Exp MPLX LP | $240 | $9 | |
| State or Local Filing Fees | $25 | $25 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (7 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| K-1 Inc/Loss ACCOLADE PARTNERS VII, L.P | $121 | $121 |
| K-1 Inc/Loss BROOKFIELD INFRASTRUCTURE PARTNERS LP | $137,264 | $137,264 |
| K-1 Inc/Loss BROOKFIELD RENEWABLE PARTNERS, L.P | $47,277 | $47,277 |
| K-1 Inc/Loss C&S FCLP, LLC | -$41,696 | -$41,696 |
| K-1 Inc/Loss C&S SEMPER VIRENS, LLC | $140 | $140 |
| K-1 Inc/Loss MPLX LP | -$232,317 | $1,396 |
| Interest Income from Notes | $17,881 | $17,881 |
Other Notes Loans Rcvbl Long Sch OtherNotesLoansRcvblLongSch
Other Notes Loans Rcvbl Long OtherNotesLoansRcvblLongGrp
Borrower Name BorrowerNameGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MULLIGAN FUNDING LLC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Insider Relationship | NONE | InsiderRelationshipTxt |
| Loan Original | $712,500 | LoanOriginalAmt |
| Balance Due | $712,500 | BalanceDueAmt |
| Note | 2019-06 | NoteDt |
| Loan Maturity | 2020-10 | LoanMaturityDt |
| Repayment Terms | PRINCIPAL AND INTEREST UPON MATURITY | RepaymentTermsTxt |
| Interest | 5. | InterestRt |
| Security Provided Borrower | NONE | SecurityProvidedBorrowerTxt |
| Loan Purpose | INVESTMENT | LoanPurposeTxt |
| Lender Consideration | N/A | LenderConsiderationDesc |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| 990-PF Estimated Tax for 2019 | $34,700 | |
| 990-T EXTENSION FOR 2018 | $1,680 | |
| Foreign Tax Paid | $9,560 | $9,560 |
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