EMPIRE LOAN CHARITABLE FOUNDATION: Form 990PF, tax year 2019

View the entire original 990 at ProPublica ↗

Organization
EMPIRE LOAN CHARITABLE FOUNDATION (EIN 45-2741468)
Tax period
2019-01-01 to 2019-12-31
Filed
2020-05-14
IRS object ID
202041359349101149
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)
Return2020-05-14T15:55:36-05:00ReturnTs
Tax Period End2019-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Foundation SourceBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1One Hollow Ln Ste 212AddressLine1Txt
CityLake SuccessCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11042ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2019-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN452741468EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Empire Loan Charitable FoundationBusinessNameLine1Txt
FieldValueIRS element (for citing)
In Care Of% Foundation SourceInCareOfNm
Business Name ControlEMPIBusinessNameControlTxt
Phone8008391754PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1Foundation Source 501 Silverside RdAddressLine1Txt
CityWilmingtonCityNm
State AbbreviationDEStateAbbreviationCd
ZIP198091377ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMICHAEL GOLDSTEINPersonNm
Person TitlepresidentPersonTitleTxt
Phone8008391754PhoneNum
Signature2020-04-24SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJeffrey D HaskellPreparerPersonNm
PTINP01345770PTIN
Phone8008391754PhoneNum

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address68.194.129.137IPv4AddressTxt
FieldValueIRS element (for citing)
Federal Original Submission Id06391520201355000074FederalOriginalSubmissionId
Federal Original Submission Id2020-05-14FederalOriginalSubmissionIdDt
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device IdDDAE75175651FF8FBF2A0717303BA6DD16C7421BAtSubmissionCreationDeviceId
At Submission Filing Device IdD2746C13DFDED97F2954BEA0DC7B7E2EDF81EBF0AtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2019TaxYr
Build TS2021-04-22 16:20:28ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$4,538FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$90,000ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss$71InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$71InterestOnSavNetInvstIncmAmt
Cap Gain Net Incm Net Invst Incm$0CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$90,071TotalRevAndExpnssAmt
Total Net Invst Incm$71TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$0CompOfcrDirTrstRevAndExpnssAmt
Taxes Rev And Expnss$2TaxesRevAndExpnssAmt
Other Expenses Rev And Expnss$7,583OtherExpensesRevAndExpnssAmt
Other Expenses Dsbrs Chrtbl$7,583OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$7,585TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$7,583TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$102,810ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$102,810ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$110,395TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$110,393TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$20,324ExcessRevenueOverExpensesAmt
Net Investment Income$71NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$24,862SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$4,538SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$4,538SavAndTempCashInvstEOYFMVAmt
Total Assets BOY$24,862TotalAssetsBOYAmt
Total Assets EOY$4,538TotalAssetsEOYAmt
Total Assets EOYFMV$4,538TotalAssetsEOYFMVAmt
Total Liabilities BOY$0TotalLiabilitiesBOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Retained Earning BOY$24,862RetainedEarningBOYAmt
Retained Earning EOY$4,538RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$24,862TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$4,538TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$24,862TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$4,538TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$24,862TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$20,324ExcessRevenueOverExpensesAmt
Subtotal$4,538SubtotalAmt
Tot Net Ast Or Fund Balances EOY$4,538TotNetAstOrFundBalancesEOYAmt
FieldValueIRS element (for citing)
Cap Gains Loss Tx Invst Incm DetailCapGainsLossTxInvstIncmDetail

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$54,749AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$21,386NetVlNoncharitableAssetsYr1Amt
Distribution Yr12.560039DistributionYr1Rt
Adjusted Qlfy Distri Yr2$78,692AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$7,938NetVlNoncharitableAssetsYr2Amt
Distribution Yr29.913328DistributionYr2Rt
Adjusted Qlfy Distri Yr3$80,124AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$11,312NetVlNoncharitableAssetsYr3Amt
Distribution Yr37.083098DistributionYr3Rt
Adjusted Qlfy Distri Yr4$65,379AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4$12,803NetVlNoncharitableAssetsYr4Amt
Distribution Yr45.106538DistributionYr4Rt
Adjusted Qlfy Distri Yr5$60,885AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5$19,714NetVlNoncharitableAssetsYr5Amt
Distribution Yr53.088414DistributionYr5Rt
Total Distribution27.751417TotalDistributionRt
Average Distribution5.550283AverageDistributionRt
Net Vl Noncharitable Assets$13,403NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$74,390AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct$1NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$74,391AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$110,393QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Domestic Org Meeting Sect4940eYes (X)DomesticOrgMeetingSect4940eInd
Investment Income Excise Tax$1InvestmentIncomeExciseTaxAmt
Subtotal$1SubtotalAmt
Tax Based On Investment Income$1TaxBasedOnInvestmentIncomeAmt
Total Payments And Credits$0TotalPaymentsAndCreditsAmt
Tax Due$1TaxDueAmt

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 EtcYes (true)OrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateDEOrgReportOrRegisterStateCd
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

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1Foundation SourceBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone8008391754PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1501 Silverside Road Suite 123AddressLine1Txt
CityWilmingtonCityNm
State AbbreviationDEStateAbbreviationCd
ZIP198091377ZIPCd
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 (3 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
Michael D Goldstein
Foundation Source 501 Silverside RdWilmingtonDE198091377Pres, Dir, Sec1.0$0$0$0
John Keithline
Foundation Source 501 Silverside RdWilmingtonDE198091377Dir, VP1.0$0$0$0
Allison Picott
Foundation Source 501 Silverside RdWilmingtonDE198091377Dir, VP1.0$0$0$0
FieldValueIRS element (for citing)
Summary Of Direct Chrtbl ActySummaryOfDirectChrtblActyGrp
Sum Of Program Related InvstSumOfProgramRelatedInvstGrp

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$0AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$13,607AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$13,607TotalFMVOfUnusedAssetsAmt
Acquisition Indebtedness$0AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast$13,607AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$204CashDeemedCharitableAmt
Net Vl Noncharitable Assets$13,403NetVlNoncharitableAssetsAmt
Minimum Investment Return$670MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$670MinimumInvestmentReturnAmt
Tax Based On Investment Income$1TaxBasedOnInvestmentIncomeAmt
Total Tax$1TotalTaxAmt
Distributable Before Adj$669DistributableBeforeAdjAmt
Distributable Before Ded$669DistributableBeforeDedAmt
Distributable As Adjusted$669DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$110,393ExpensesAndContributionsAmt
Program Related Invst Total$0ProgramRelatedInvstTotalAmt
Charitable Assets Acquis Paid$0CharitableAssetsAcquisPaidAmt
Set Aside Suitability Test$0SetAsideSuitabilityTestAmt
Set Aside Cash Distri Test$0SetAsideCashDistriTestAmt
Qualifying Distributions$110,393QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm$1PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri$110,392AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$669DistributableAsAdjustedAmt
Prior Year12017PriorYear1Yr
Prior Year22016PriorYear2Yr
Prior Year32015PriorYear3Yr
Excess Distribution Cyov Yr5$59,901ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$64,741ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$79,560ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$78,295ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$53,682ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$336,179TotalExcessDistributionCyovAmt
Qualifying Distributions$110,393QualifyingDistributionsAmt
Applied To Current Year$669AppliedToCurrentYearAmt
Remaining Distri From Corpus$109,724RemainingDistriFromCorpusAmt
Total Corpus$445,903TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$59,901ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$386,002ExcessDistriCyovToNextYrAmt
Excess From Year4$64,741ExcessFromYear4Amt
Excess From Year3$79,560ExcessFromYear3Amt
Excess From Year2$78,295ExcessFromYear2Amt
Excess From Year1$53,682ExcessFromYear1Amt
Excess From Current Year$109,724ExcessFromCurrentYearAmt
FieldValueIRS element (for citing)
Private Operating FoundationsPrivateOperatingFoundationsGrp

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerNONEContributingManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (19 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
BOSTON EXPLORERS INC
72 MONTGOMERY STBOSTONMA02116N/APCGeneral & Unrestricted$5,000
BOSTON UNIVERSITY - WBUR
890 COMMONWEALTH AVE 3RD FLBOSTONMA02215N/APCGeneral & Unrestricted$30,000
COMMUNITY PATH OF LYNN COALITION INC
217 CEDAR BROOK RDLYNNMA01904N/APCGeneral & Unrestricted$260
DIMOCK SUPPORT CORPORATION
55 DIMOCK STROXBURYMA02119N/ASO III FICharitable Event$10,000
FAMILY & CHILDRENS SERVICE OF GREATER LYNN INC
111 N COMMON STLYNNMA01902N/APCCharitable Event$100
FUTURE BUSINESS LEADERS SCHOLARSHIP FUND INC
PO BOX 508KELLERTX76244N/APCGeneral & Unrestricted$2,000
GIRLS INCORPORATED OF LYNN
50 HIGH STLYNNMA01902N/APCCharitable Event$1,250
HARVARD STREET NEIGHBORHOOD HEALTH CENTER INC
632 BLUE HILL AVEDORCHESTERMA02121N/APCCharitable Event$2,500
HAVEN PROJECT INC
57 MUNROE STLYNNMA01901N/APCCharitable Event$500
HAYMAKERS FOR HOPE INC
5 PRESCOTT STCHARLESTOWNMA02129N/APCCharitable Event$25,000
KIPP MASSACHUSETTS INC
90 HIGH ROCK STLYNNMA01902N/APCCharitable Event$500
MY BROTHERS TABLE INC
98 WILLOW STLYNNMA01901N/APCCharitable Event$300
NO BOOKS NO BALL
9 ROZELLA STDORCHESTERMA02122N/APCGeneral & Unrestricted$2,500
NO BOOKS NO BALL
9 ROZELLA STDORCHESTERMA02122N/APCCharitable Event$1,500
PUBLIC ACTION FOR THE PERFORMING ARTS INC
198 TREMONT ST 225BOSTONMA02116N/APCGeneral & Unrestricted$1,000
SOCIAL INNOVATION FORUM INC
2 OLIVER ST STE 802BOSTONMA02109N/APC2019 SIF Next Gen Collaborative Track Program$10,000
SOUTH END ATHLETICS & ACTIVITIES ASSOCIATION INC
PO BOX 181120BOSTONMA02118N/APCGeneral & Unrestricted$400
THE GREATER BOSTON FOOD BANK INC
70 S BAY AVEBOSTONMA02118N/APCCharitable Event$5,000
UTEC INC
35 WARREN STLOWELLMA01852N/APCGeneral & Unrestricted$5,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$102,810TotalGrantOrContriPdDurYrAmt

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$71ExclusionAmt
FieldValueIRS element (for citing)
Div And Int From Sec Part VIIDivAndIntFromSecPartVIIGrp
Net Rntl Incm Re Debt Fincd PropNetRntlIncmReDebtFincdPropGrp
Net Rntl Incm Re Not Debt Fincd PropNetRntlIncmReNotDebtFincdProp
Net Rental Income Personal PropNetRentalIncomePersonalPropGrp
Other Investment Incm Part VIIOtherInvestmentIncmPartVIIGrp
Gain Sales Ast Oth Than InvntryGainSalesAstOthThanInvntryGrp
Net Income Loss From Special EvtNetIncomeLossFromSpecialEvtGrp
Gross Profit Loss Sls Of InvntryGrossProfitLossSlsOfInvntryGrp

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$71ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$71TotalIncomeProducingActyAmt

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

Schedule B IRS990ScheduleB

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
General RuleYes (X)GeneralRuleInd

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
Contributor1ContributorNum
Contributor PersonEmpire Loan Collateral Loan Co InContributorPersonNm

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1c/o M Goldstein 1130 Washington StAddressLine1Txt
CityBostonCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02118ZIPCd
FieldValueIRS element (for citing)
Total Contributions$90,000TotalContributionsAmt
Person ContributionYes (X)PersonContributionInd

Depreciation Schedule DepreciationSchedule

Liquidation Explanation Stmt LiquidationExplanationStmt

FieldValueIRS element (for citing)
ExplanationAs explained below, the Foundation has no plans for dissolution. This statement is submitted to report the distribution of certain assets during the year. The distributions resulted in a substantial contraction of assets. The following information is submitted in accordance with Treasury Regulation Section 1.6043-3(a)(1) and the Form 990-PF instructions: During the taxable year ending December 31, 2019, the Foundation made distributions from assets from sources other than current income. Collectively, the distributions in excess of current income totaled $102,810. This amount represents 25% or more of the Foundation's net assets of $24,862 (as measured by fair market value) at the beginning of the Foundation's taxable year ending December 31, 2019. Although the Foundation technically experienced a substantial contraction, it will continue in existence and has no plans for dissolution. The Foundation made distributions of cash to the grantees listed in the attachment to Part XV, Line 3a; each such grant was made solely for the charitable purpose specified therein.ExplanationTxt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
Administrative Fees$7,558$7,558
State or Local Filing Fees$25$25

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
Category990-PF Excise Tax for 2018CategoryTxt
Amt$2Amt

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