MARION BOULTON KIPPY STROUD FOUNDATION: Form 990PF, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- MARION BOULTON KIPPY STROUD FOUNDATION (EIN 23-2932167)
- Tax period
- 2019-01-01 to 2019-12-31
- Filed
- 2020-08-24
- IRS object ID
- 202042379349100429
- 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
- Schedule B
- Accounting Fees Schedule
- Investments Other Schedule2
- Legal Fees Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Substantial Contributors Sch
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2020-08-24T16:51:50-05:00 | ReturnTs |
| Tax Period End | 2019-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 230382195 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BALLARD SPAHR LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1735 MARKET STREET 51ST FLOOR | AddressLine1Txt |
| City | PHILADELPHIA | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 19103 | 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 | 232932167 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MARION BOULTON KIPPY STROUD FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | STRO | BusinessNameControlTxt |
| Phone | 2158648175 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | BALLARD SPAHR 1735 MARKET ST FL51 | AddressLine1Txt |
| City | PHILADELPHIA | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 19103 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ANN T LOFTUS | PersonNm |
| Person Title | CHAIR. | PersonTitleTxt |
| Phone | 2158648175 | PhoneNum |
| Signature | 2020-08-24 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | ARTHUR AU | PreparerPersonNm |
| PTIN | P00751564 | PTIN |
| Phone | 2158648342 | PhoneNum |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 50.233.51.134 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2020-08-24 | IPDt |
| IP Tm | 15:09:52 | IPTm |
| IP Timezone | ED | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | 343A4815D916EC9B1AB049ACEE6BE7647714AB8E | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 343A4815D916EC9B1AB049ACEE6BE7647714AB8E | AtSubmissionFilingDeviceId |
| 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 | $51,218,389 | 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 | $14,811,733 | ContriRcvdRevAndExpnssAmt |
| Dividends Rev And Expnss | $1,021,688 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $1,021,688 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | -$355 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $39,599 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $0 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $15,833,066 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $1,021,688 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $8,600 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $8,600 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $10,293 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $10,293 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $0 | AccountingFeesChrtblPrpsAmt |
| Taxes Rev And Expnss | $18,500 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $0 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $15,391 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $0 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $15,391 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $65,108 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $39,599 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $25,509 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $117,892 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $49,892 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $49,500 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $1,983,019 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $1,983,019 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $2,100,911 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $49,892 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $2,032,519 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $13,732,155 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $971,796 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $3,683 | CashBOYAmt |
| Cash EOY | $173,172 | CashEOYAmt |
| Cash EOYFMV | $173,172 | CashEOYFMVAmt |
| Sav And Temp Cash Invst EOY | $853,624 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $853,624 | SavAndTempCashInvstEOYFMVAmt |
| Other Investments BOY | $31,718,788 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $42,592,828 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $48,356,593 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $1,835,000 | LandBldgEquipCostOrOtherBssAmt |
| Land BOY | $0 | LandBOYAmt |
| Land EOY | $1,835,000 | LandEOYAmt |
| Land EOYFMV | $1,835,000 | LandEOYFMVAmt |
| Total Assets BOY | $31,722,471 | TotalAssetsBOYAmt |
| Total Assets EOY | $45,454,624 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $51,218,389 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $31,722,471 | CapitalStockBOYAmt |
| Capital Stock EOY | $45,454,624 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $0 | RetainedEarningBOYAmt |
| Retained Earning EOY | $0 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $31,722,471 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $45,454,624 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $31,722,471 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $45,454,624 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $31,722,471 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $13,732,155 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $45,454,626 | SubtotalAmt |
| Other Decreases | $2 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $45,454,624 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | PUBLICLY TRADED SECURITIES | PropertyDesc |
| Gross Sales Price | $39,599 | GrossSalesPriceAmt |
| Cost Or Other Basis | $39,954 | CostOrOtherBasisAmt |
| Gain Or Loss | -$355 | GainOrLossAmt |
| Gains Minus Excess Or Losses | -$355 | GainsMinusExcessOrLossesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -$355 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | 0 | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $2,810,196 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $33,024,610 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.085094 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $2,107,153 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $19,496,668 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.108078 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $1,959,550 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $5,580,014 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.351173 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $4,675 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $2,290 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 2.041485 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $0 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $0 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.000000 | DistributionYr5Rt |
| Total Distribution | 2.585830 | TotalDistributionRt |
| Average Distribution | 0.517166 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $38,196,953 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $19,754,165 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $9,718 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $19,763,883 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $2,032,519 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $19,436 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $19,436 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $19,436 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $16,016 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $11,500 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $27,516 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $8,080 | OverpaymentAmt |
| Applied To ES Tax | $8,080 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | PA | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | Yes (1) | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ANN T LOFTUS BALLARD SPAHR LLP | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2158648175 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1735 MARKET ST FL51 | AddressLine1Txt |
| City | PHILADELPHIA | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 19103 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | Yes (1) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | 0 | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (12 entries)
| Address Line1USAddress/AddressLine1Txt | Address Line2USAddress/AddressLine2Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|---|
| ANN T LOFTUS | |||||||||
| C/O BALLARD SPAHR LLP 1735 MARKET | ST FL51 | PHILADELPHIA | PA | 19103 | CHAIR.& DIRECTOR | 1.50 | $0 | $0 | $0 |
| OLGA VISO | |||||||||
| C/O BALLARD SPAHR LLP 1735 MARKET | ST FL51 | PHILADELPHIA | PA | 19103 | VICE CHAIR. & DIRECTOR | 1.00 | $0 | $0 | $0 |
| JENNIFER GROSS | |||||||||
| C/O BALLARD SPAHR LLP 1735 MARKET | ST FL51 | PHILADELPHIA | PA | 19103 | SECRETARY & DIRECTOR | 1.00 | $0 | $0 | $0 |
| GAIL HARRITY | |||||||||
| C/O BALLARD SPAHR LLP 1735 MARKET | ST FL51 | PHILADELPHIA | PA | 19103 | TREASURER & DIRECTOR | 1.00 | $0 | $0 | $0 |
| STEPHANIE GREENE | |||||||||
| C/O BALLARD SPAHR LLP 1735 MARKET | ST FL51 | PHILADELPHIA | PA | 19103 | DIRECTOR | 1.00 | $0 | $0 | $0 |
| PAULA MARINCOLA | |||||||||
| C/O BALLARD SPAHR LLP 1735 MARKET | ST FL51 | PHILADELPHIA | PA | 19103 | DIRECTOR | 1.00 | $0 | $0 | $0 |
| KELLY MITCHELL | |||||||||
| C/O BALLARD SPAHR LLP 1735 MARKET | ST FL51 | PHILADELPHIA | PA | 19103 | DIRECTOR | 1.00 | $0 | $0 | $0 |
| LISA PHILIPS | |||||||||
| C/O BALLARD SPAHR LLP 1735 MARKET | ST FL51 | PHILADELPHIA | PA | 19103 | DIRECTOR | 1.00 | $0 | $0 | $0 |
| JOHN RAVENAL | |||||||||
| C/O BALLARD SPAHR LLP 1735 MARKET | ST FL51 | PHILADELPHIA | PA | 19103 | DIRECTOR | 1.00 | $0 | $0 | $0 |
| MARK ROSENTHAL | |||||||||
| C/O BALLARD SPAHR LLP 1735 MARKET | ST FL51 | PHILADELPHIA | PA | 19103 | DIRECTOR | 1.00 | $0 | $0 | $0 |
| PATTERSON SIMS | |||||||||
| C/O BALLARD SPAHR LLP 1735 MARKET | ST FL51 | PHILADELPHIA | PA | 19103 | DIRECTOR | 1.00 | $0 | $0 | $0 |
| JACOB VAN HEECKEREN | |||||||||
| C/O BALLARD SPAHR LLP 1735 MARKET | ST FL51 | PHILADELPHIA | PA | 19103 | DIRECTOR | 1.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $37,891,991 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $886,641 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $38,778,632 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $38,778,632 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $581,679 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $38,196,953 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $1,909,848 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $1,909,848 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $19,436 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $19,436 | TotalTaxAmt |
| Distributable Before Adj | $1,890,412 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $1,890,412 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $1,890,412 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $2,032,519 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $2,032,519 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $2,032,519 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $1,890,412 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr4 | $4,560 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $1,684,042 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $1,141,677 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $1,174,264 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $4,004,543 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $2,032,519 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $1,890,412 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $142,107 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $4,146,650 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $4,146,650 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $4,560 | ExcessFromYear4Amt |
| Excess From Year3 | $1,684,042 | ExcessFromYear3Amt |
| Excess From Year2 | $1,141,677 | ExcessFromYear2Amt |
| Excess From Year1 | $1,174,264 | ExcessFromYear1Amt |
| Excess From Current Year | $142,107 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (3 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| BOWDOIN COLLEGE | |||||||
| 255 MARINE STREET | BRUNSWICK | ME | 04011 | NONE | PUBLIC CHARITY | GENERAL PURPOSE | $800 |
| COLLEGE OF THE ATLANTIC | |||||||
| 105 EDEN STREET | BAR HARBOR | ME | 04609 | NONE | PUBLIC CHARITY | 2019 ARTIST IN RESIDENCE PROGRAM | $25,000 |
| THE FABRIC WORKSHOP AND MUSEUM | |||||||
| 1214 ARCH STREET | PHILADELPHIA | PA | 19107 | NONE | PUBLIC CHARITY | GENERAL PURPOSE | $1,957,219 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $1,983,019 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $1,021,688 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | -$355 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $1,021,333 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $1,021,333 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MARION BOULTON STROUD ESTATE | BusinessNameLine1Txt |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | C/O H K SULLIVAN 1735 MARKET ST FL | AddressLine1Txt |
| City | PHILADELPHIA | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 19103 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $14,811,733 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
| Noncash Contribution | Yes (X) | NoncashContributionInd |
Non Cash Property Contribution NonCashPropertyContributionGrp (6 entries)
| ContributorContributorNum | Noncash PropertyNoncashPropertyDesc | Fair Market ValueFairMarketValueAmt | ReceivedReceivedDt |
|---|---|---|---|
| 1 | ART AS APPRAISED BY CHRISTIE'S; DISTRIBUTED TO BOWDOIN COLLEGE | $800 | 2019-02-05 |
| 1 | UNAUTHENTICATED ART DISTRIBUTED TO FABRIC WORKSHOP AND MUSEUM | $1 | 2019-04-30 |
| 1 | TANGIBLE PERSONAL PROPERTY FROM DEER ACRES, ME AS APPRAISED BY CHRISTIE'S | $10,000 | 2019-01-01 |
| 1 | REAL ESTATE "NW COVE" LOCATED AT INDIAN POINT ROAD, BAR HARBOR, ME AS APPRAISED THE KNOWLES ASSOC. | $1,835,000 | 2019-02-27 |
| 1 | 99% INT. (LIMITED PARTNER) IN MUSEUM 1214 LP | $3,762,000 | 2019-01-01 |
| 1 | 1% INT. (GENERAL PARTNER) IN MUSEUM 1214 LP | $38,000 | 2019-01-01 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | BALLARD SPAHR | CategoryTxt |
| Amt | $10,293 | Amt |
| Net Investment Income | $10,293 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (10 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| VANGUARD INTERMEDIATE-TERM INV GRADE ADMIRAL | AT COST | $1,702,270 | $1,721,735 |
| VANGUARD SHORT-TERM INV GRADE ADMIRAL | AT COST | $2,555,022 | $2,557,196 |
| VANGUARD TOTAL BOND MARKET INDEX ADMIRAL | AT COST | $5,070,958 | $5,133,653 |
| VANGUARD TOTAL INT'L BOND INDEX ADMIRAL | AT COST | $3,313,542 | $3,370,676 |
| VANGUARD TOTAL STOCK MARKET INDEX INST. | AT COST | $14,308,305 | $18,936,153 |
| VANGUARD TOTAL INT'L. STOCK INDEX ADMIRAL | AT COST | $11,749,431 | $12,743,880 |
| ART UNDER CONSIGNMENT | AT COST | $83,300 | $83,300 |
| TANGIBLE PERSONAL PROPERTY AT DEER ACRES, ME | AT COST | $10,000 | $10,000 |
| 99% INT. (LIMITED PARTNER) IN MUSEUM 1214 LP | AT COST | $3,762,000 | $3,762,000 |
| 1% INT. (GENERAL PARTNER) IN MUSEUM 1214 LP | AT COST | $38,000 | $38,000 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | BALLARD SPAHR | CategoryTxt |
| Legal Fees | $8,600 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $8,600 | DisbursementsCharitablePrpsAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ROUNDING | Desc |
| Amt | $2 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (8 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| BRENDA LES - REIMB. 1/12 ROAD HOLE REPAIR COST FOR NORTHWEST COVE PROPERTY | $112 | $0 | $112 |
| CHUBB - INSURANCE PREMIUM FOR DIRECTORS' & OFFICERS' LIABILITY COVERAGE | $2,506 | $0 | $2,506 |
| GREAT AMERICA INSURANCE - INSURANCE PREMIUM FOR UMBRELLA POLICY | $5,517 | $0 | $5,517 |
| PNC CHECKING ACCOUNT STATEMENT & CHECK PRINTING FEES | $47 | $0 | $47 |
| SMALL DATA INDUSTRIES LLC - ASSESSMENT TO PRESERVE ARCHIVES | $1,826 | $0 | $1,826 |
| TOWN OF BAR HARBOR - REAL ESTATE TAX FOR NORTHWEST COVE PROPERTY | $15,489 | $0 | $15,489 |
| VANGUARD - INVESTMENT MANAGEMENT FEES | $39,599 | $39,599 | $0 |
| ZATEENY LOFTUS LLP - REIMB. FOR POSTAGE AND CONFERENCE CALLS | $12 | $0 | $12 |
Substantial Contributors Sch SubstantialContributorsSch
Substantial Contributor Detail SubstantialContributorDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MARION BOULTON STROUD ESTATE | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | M C SANBORNE 1735 MARKET ST FL 51 | AddressLine1Txt |
| City | PHILADELPHIA | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 19103 | ZIPCd |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| PRIOR YEAR EXCISE TAX | $4,000 | $0 | $0 |
| CURRENT YEAR ESTIMATED EXCISE TAX | $14,500 | $0 | $0 |
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