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SUZANNE BENNETT CHARITABLE FOUNDATION INC: Form 990PF, tax year 2019

View the entire original 990 at ProPublica ↗

Organization
SUZANNE BENNETT CHARITABLE FOUNDATION INC (EIN 46-1192399)
Tax period
2019-01-01 to 2019-12-31
Filed
2020-07-27
IRS object ID
202042099349100204
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 ReturnHeader

FieldValueIRS element (for citing)
Return2020-07-27T06:58:17-07:00ReturnTs
Tax Period End2019-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN043403268PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Cody Cody & McCarthy LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1One Pine Hill Drive Suite 501AddressLine1Txt
CityQuincyCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02169ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2019-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN461192399EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1SUZANNE BENNETT CHARITABLEBusinessNameLine1Txt
Business Name Line2FOUNDATION INCBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlSUZABusinessNameControlTxt
Phone6174725151PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1C/O CodyCodyMcCarthy1 Pine HillAddressLine1Txt
CityQUINCYCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02169ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMICHAEL T CODYPersonNm
Person TitlePresidentPersonTitleTxt
Signature2020-07-27SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMichael T CodyPreparerPersonNm
PTINP01300962PTIN
Phone6174725151PhoneNum
FieldValueIRS element (for citing)
Tax2019TaxYr
Build TS2022-01-07 14:23:13ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$706,670FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Dividends Rev And Expnss$20,949DividendsRevAndExpnssAmt
Dividends Net Invst Incm$20,949DividendsNetInvstIncmAmt
Dividends Adj Net Incm$20,949DividendsAdjNetIncmAmt
Net Gain Sale Ast Rev And Expnss$7,828NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$318,815GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$7,828CapGainNetIncmNetInvstIncmAmt
Net ST Capital Gain Adj Net Incm$822NetSTCapitalGainAdjNetIncmAmt
Total Rev And Expnss$28,777TotalRevAndExpnssAmt
Total Net Invst Incm$28,777TotalNetInvstIncmAmt
Total Adj Net Incm$21,771TotalAdjNetIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$6,000CompOfcrDirTrstRevAndExpnssAmt
Legal Fees Rev And Expnss$11,829LegalFeesRevAndExpnssAmt
Legal Fees Net Invst Incm$8,872LegalFeesNetInvstIncmAmt
Other Prof Fees Rev And Expnss$9,765OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm$9,765OtherProfFeesNetInvstIncmAmt
Taxes Rev And Expnss$159TaxesRevAndExpnssAmt
Taxes Net Invst Incm$159TaxesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss$27,753TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$18,796TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$20,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$20,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$47,753TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$18,796TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$20,000TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$18,976ExcessRevenueOverExpensesAmt
Net Investment Income$9,981NetInvestmentIncomeAmt
Adjusted Net Income$21,771AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$47,014CashBOYAmt
Cash EOY$35,803CashEOYAmt
Cash EOYFMV$33,199CashEOYFMVAmt
Other Investments BOY$623,886OtherInvestmentsBOYAmt
Other Investments EOY$616,137OtherInvestmentsEOYAmt
Other Investments EOYFMV$673,471OtherInvestmentsEOYFMVAmt
Total Assets BOY$670,900TotalAssetsBOYAmt
Total Assets EOY$651,940TotalAssetsEOYAmt
Total Assets EOYFMV$706,670TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY$670,900NoDonorRstrNetAssestsBOYAmt
Tot Net Ast Or Fund Balances BOY$670,900TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$651,940TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$670,900TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$651,940TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$670,900TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$18,976ExcessRevenueOverExpensesAmt
Other Increases$16OtherIncreasesAmt
Subtotal$651,940SubtotalAmt
Tot Net Ast Or Fund Balances EOY$651,940TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (3 entries)

PropertyPropertyDescHow AcquiredHowAcquiredCdAcquiredAcquiredDtSoldSoldDtGross Sales PriceGrossSalesPriceAmtCost Or Other BasisCostOrOtherBasisAmtGain Or LossGainOrLossAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
Schwab #4V 6927-7709 L/TP2017-05-312019-12-31$101,137$101,937-$800-$800
SCHWAB #4V 6927-7709 S/TP2019-01-012019-12-31$209,872$209,050$822$822
Capital Gain Dividends$7,806
FieldValueIRS element (for citing)
Capital Gain Net Income$7,828CapitalGainNetIncomeAmt
Net Short Term Capital Gain Loss$822NetShortTermCapitalGainLossAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$53,351AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$713,910NetVlNoncharitableAssetsYr1Amt
Distribution Yr10.07473DistributionYr1Rt
Adjusted Qlfy Distri Yr2$35,111AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$743,257NetVlNoncharitableAssetsYr2Amt
Distribution Yr20.04724DistributionYr2Rt
Adjusted Qlfy Distri Yr3$36,466AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$750,505NetVlNoncharitableAssetsYr3Amt
Distribution Yr30.04859DistributionYr3Rt
Adjusted Qlfy Distri Yr4$42,742AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4$783,593NetVlNoncharitableAssetsYr4Amt
Distribution Yr40.05455DistributionYr4Rt
Adjusted Qlfy Distri Yr5$34,140AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5$794,325NetVlNoncharitableAssetsYr5Amt
Distribution Yr50.04298DistributionYr5Rt
Total Distribution0.268085TotalDistributionRt
Average Distribution0.053617AverageDistributionRt
Net Vl Noncharitable Assets$678,899NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$36,401AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct$100NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$36,501AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$20,000QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$200InvestmentIncomeExciseTaxAmt
Subtotal$200SubtotalAmt
Tax Based On Investment Income$200TaxBasedOnInvestmentIncomeAmt
Tax Due$200TaxDueAmt

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 StateMAOrgReportOrRegisterStateCd
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 Line1CO Cody Cody & McCarthy LLCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone6174725151PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line11 PINE HILL DRIVE SUITE 501AddressLine1Txt
CityQUINCYCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02169ZIPCd
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
Acts Fail To Qlfy As ExceptionsfalseActsFailToQlfyAsExceptionsInd
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 (7 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmt
MICHAEL T CODY
1 PINE HILL DRIVE SUITE 501QUINCYMA02169President1.00$0
MICHAEL T CODY
1 PINE HILL DRIVE SUITE 501QUINCYMA02169Treasurer1.00$0
JAMIE NADEAU CODY
1 PINE HILL DRIVE SUITE 501QUINCYMA02169Clerk1.00$0
MICHAEL T CODY
1 PINE HILL DRIVE SUITE 501QUINCYMA02169Director1.00$1,500
JAMIE NADEAU CODY
1 PINE HILL DRIVE SUITE 501QUINCYMA02169Director1.00$1,500
JANET DRISCOLL
128 South Pickens StreetLakevilleMA02347Director1.00$1,500
PATRICK DONOVAN
16 Rebecca RoadAssonetMA02702Director1.00$1,500
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$668,854AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$20,384AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$689,238TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$689,238AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$10,339CashDeemedCharitableAmt
Net Vl Noncharitable Assets$678,899NetVlNoncharitableAssetsAmt
Minimum Investment Return$33,945MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$33,945MinimumInvestmentReturnAmt
Tax Based On Investment Income$200TaxBasedOnInvestmentIncomeAmt
Total Tax$200TotalTaxAmt
Distributable Before Adj$33,745DistributableBeforeAdjAmt
Distributable Before Ded$33,745DistributableBeforeDedAmt
Distributable As Adjusted$33,745DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$20,000ExpensesAndContributionsAmt
Qualifying Distributions$20,000QualifyingDistributionsAmt
Adjusted Qualifying Distri$20,000AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$33,745DistributableAsAdjustedAmt
Undistributed Income PY$19,152UndistributedIncomePYAmt
Qualifying Distributions$20,000QualifyingDistributionsAmt
Applied To Year1$19,152AppliedToYear1Amt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$848AppliedToCurrentYearAmt
Undistributed Income CY$32,897UndistributedIncomeCYAmt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (10 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
EASTER SEALS
484 Main Street 600WorcesterMA01608NONEGeneral use$1,000
PWSA
8588 Potter Park Dr Suite 500SarasotaFL34238NONEGeneral use$2,500
ERIC C JOHNSON MEMORIAL SCHOL
89 Dr Braley RoadEast FreetownMA02717NONEGeneral Use$2,500
HOME FOR OUR TROOPS
6 MAIN STREETTAUNTONMA02780NONEGENERAL USE$1,000
MY BROTHERS KEEPER
PO BOX 338EASTONMA02356NONEGENERAL USE$2,000
PLAYWORKS
67 KEMBLE STREET SUITE 3BOSTONMA02119NONEGENERAL USE$5,000
BOYS GIRLS CLUB
31 COURT STREETTAUNTONMA02780NONEGENERAL USE$3,000
STONEHILL COLLEGE-JC NOBLIN SCHOL
320 WASHINGTON STREETEASTONMA02357NONEGENERAL USE$1,000
4 PAWS FOR ABILITY
253 DAYTON AVEXENIAOH45385NONEGENERAL USE$1,000
CYSTIC FIBROSIS
4550 MONTGOMERY AVE SUITE 1100NBETHESDAMD20814NONEGENERAL USE$1,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$20,000TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Exclusion1ExclusionCd
Exclusion$20,949ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion$7,806ExclusionAmt
Related Or Exempt Function Incm$22RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$28,755ExclusionAmt
Related Or Exempt Function Incm$22RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$28,777TotalIncomeProducingActyAmt

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

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp

FieldValueIRS element (for citing)
CategoryLEGAL FEESCategoryTxt
Legal Fees$11,829LegalFeesAmt
Net Investment Income$8,872NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$0DisbursementsCharitablePrpsAmt

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail (2 entries)

DescDescAmtAmt
DIVIDENDS/ST GAINS 2018/2019 ADJUSTMENTS$15
Rounding$1

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

FieldValueIRS element (for citing)
CategorySCHWABCategoryTxt
Amt$9,765Amt
Net Investment Income$9,765NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$0DisbursementsCharitablePrpsAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (3 entries)

CategoryCategoryTxtAmtAmtNet Investment IncomeNetInvestmentIncomeAmt
Federal$28$28
FOREIGN INCOME TAX$96$96
State Form PC$35$35

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