BRUNETTI FOUNDATION: Form 990PF, tax year 2018
View the entire original 990 at ProPublica ↗
- Organization
- BRUNETTI FOUNDATION (EIN 23-7346205)
- Tax period
- 2018-01-01 to 2018-12-31
- Filed
- 2019-11-12
- IRS object ID
- 201903169349101190
- Schema version
- 2018v3.1
- 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
- Depreciation Schedule
- Expln Of Non Filing With AG Stmt
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Land Etc Schedule2
- Legal Fees Schedule
- Other Assets Schedule
- Other Expenses Schedule
- Other Increases Schedule
- Other Liabilities Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2019-11-12T11:57:54-06:00 | ReturnTs |
| Tax Period End | 2018-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 222027092 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WithumSmithBrown PC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 200 Jefferson Park Suite 400 | AddressLine1Txt |
| City | Whippany | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07981 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2018-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 237346205 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE BRUNETTI FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | BRUN | BusinessNameControlTxt |
| Phone | 7326791600 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1655 US HIGHWAY 9 | AddressLine1Txt |
| City | OLD BRIDGE | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 08857 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | John Brunetti | PersonNm |
| Person Title | President & CEO | PersonTitleTxt |
| Phone | 7326791600 | PhoneNum |
| Signature | 2019-11-12 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Elizabeth Gelson | PreparerPersonNm |
| PTIN | P00671920 | PTIN |
| Phone | 9738989494 | PhoneNum |
| Preparation | 2019-11-12 | PreparationDt |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 65.124.179.218 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2019-11-12 | IPDt |
| IP Tm | 11:57:43 | IPTm |
| IP Timezone | ES | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | 0EB4CE1ACD44DB279B6C2D9A8476B20948576B96 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | CE2E37D982145188185ED530D22A0BCB5FB961D3 | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2018 | TaxYr |
| Build TS | 2020-03-31 21:24:44Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $32,732,637 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $400,000 | ContriRcvdRevAndExpnssAmt |
| Dividends Rev And Expnss | $127,827 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $127,827 | DividendsNetInvstIncmAmt |
| Gross Rents Rev And Expnss | $3,223,409 | GrossRentsRevAndExpnssAmt |
| Gross Rents Net Invst Incm | $3,223,409 | GrossRentsNetInvstIncmAmt |
| Net Rental Income Or Loss | $867,236 | NetRentalIncomeOrLossAmt |
| Net Gain Sale Ast Rev And Expnss | $365,466 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $5,196,480 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $365,466 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $4,116,702 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $3,716,702 | 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 |
| Oth Empl Slrs Wgs Rev And Expnss | $369,069 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $369,069 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $0 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $8,410 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $8,410 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $0 | LegalFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $380,668 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $380,668 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $182,091 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $99,374 | DeprecAndDpltnNetInvstIncmAmt |
| Other Expenses Rev And Expnss | $1,446,964 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $1,446,964 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $0 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $2,387,202 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $2,304,485 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $1,182,700 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $1,182,700 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $3,569,902 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $2,304,485 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,182,700 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $546,800 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $1,412,217 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $576,694 | CashBOYAmt |
| Cash EOY | $809,426 | CashEOYAmt |
| Cash EOYFMV | $809,426 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $193,686 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $237,137 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $237,137 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl | $1,704 | AcctRcvblAmt |
| Acct Rcvbl BOY | $1,250 | AcctRcvblBOYAmt |
| Acct Rcvbl EOY | $1,704 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $1,704 | AcctRcvblEOYFMVAmt |
| Corporate Stock BOY | $7,270,933 | CorporateStockBOYAmt |
| Corporate Stock EOY | $8,534,385 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $8,625,481 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $1,396,020 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $293,779 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $335,873 | CorporateBondsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $1,832,832 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $342,138 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $1,179,278 | LandBOYAmt |
| Land EOY | $1,490,694 | LandEOYAmt |
| Land EOYFMV | $22,227,986 | LandEOYFMVAmt |
| Other Assets BOY | $198,803 | OtherAssetsBOYAmt |
| Other Assets EOY | $495,030 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $495,030 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $10,816,664 | TotalAssetsBOYAmt |
| Total Assets EOY | $11,862,155 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $32,732,637 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $49,344 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $106,786 | AccountsPayableEOYAmt |
| Other Liabilities BOY | $1,114,872 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $183,573 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $1,164,216 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $290,359 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Capital Stock BOY | $8,946,900 | CapitalStockBOYAmt |
| Capital Stock EOY | $11,571,796 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $705,548 | RetainedEarningBOYAmt |
| Retained Earning EOY | $0 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $9,652,448 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $11,571,796 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $10,816,664 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $11,862,155 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $9,652,448 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $546,800 | ExcessRevenueOverExpensesAmt |
| Other Increases | $1,372,548 | OtherIncreasesAmt |
| Subtotal | $11,571,796 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $11,571,796 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (3 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| JP MORGAN | P | 2018-01-01 | 2018-12-31 | $2,570,450 | $2,619,340 | -$48,890 | -$48,890 |
| JP MORGAN | P | 2017-01-01 | 2018-12-31 | $2,400,820 | $2,211,674 | $189,146 | $189,146 |
| Capital Gains Dividends | P | $225,210 | $225,210 | $225,210 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $365,466 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | 0 | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $1,055,610 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $32,173,601 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.032810 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $1,157,235 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $31,442,978 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.036804 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $484,001 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $9,232,882 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.052421 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $416,140 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $9,012,415 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.046174 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $419,560 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $8,531,507 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.049178 | DistributionYr5Rt |
| Total Distribution | 0.217387 | TotalDistributionRt |
| Average Distribution | 0.043477 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $33,789,358 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $1,469,060 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $14,122 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $1,483,182 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $1,182,700 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $28,244 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $28,244 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $28,244 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $31,000 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $31,000 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $2,756 | OverpaymentAmt |
| Applied To ES Tax | $2,756 | 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 | NJ | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | 0 | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | THE BRUNETTI FOUNDATION | IndividualWithBooksNm |
| Phone | 7326791600 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1655 US HIGHWAY 9 | AddressLine1Txt |
| City | OLD BRIDGE | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 08857 | 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 | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| 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 (3 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 |
|---|---|---|---|---|---|---|---|---|
| JOHN J BRUNETTI JR | ||||||||
| 2200 E 4TH AVENUE | HIALEAH | FL | 33011 | CEO | 1.00 | $0 | $0 | $0 |
| STEPHEN P BRUNETTI | ||||||||
| 2200 E 4TH AVENUE | HIALEAH | FL | 33011 | MANAGER | 1.00 | $0 | $0 | $0 |
| JOHN F INGANAMORT | ||||||||
| 2200 E 4TH AVENUE | HIALEAH | FL | 33011 | MANAGER | 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 | $10,308,029 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $719,637 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $23,276,251 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $34,303,917 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $34,303,917 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $514,559 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $33,789,358 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $1,689,468 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $1,689,468 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $28,244 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $28,244 | TotalTaxAmt |
| Distributable Before Adj | $1,661,224 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $1,661,224 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $1,661,224 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,182,700 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $1,182,700 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $1,182,700 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $1,661,224 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $917,389 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $1,182,700 | QualifyingDistributionsAmt |
| Applied To Year1 | $917,389 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $265,311 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $0 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $1,395,913 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $0 | ExcessDistriCyovToNextYrAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | JOHN J BRUNETTI JR | ContributingManagerNm |
| Contributing Manager | STEPHEN P BRUNETTI | ContributingManagerNm |
| Contributing Manager | JOHN F INGANAMORT | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CONTRIBUTIONS MADE TO CHARITABLE ENTITIES | BusinessNameLine1Txt |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | SCHEDULE ATTACHED | AddressLine1Txt |
| City | VARIOUS | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 08857 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Foundation Status | PC | RecipientFoundationStatusTxt |
| Grant Or Contribution Purpose | Assist in purpose of charitable organizations. | GrantOrContributionPurposeTxt |
| Amt | $1,182,700 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $1,182,700 | 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 | $127,827 | ExclusionAmt |
Net Rntl Incm Re Not Debt Fincd Prop NetRntlIncmReNotDebtFincdProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $867,236 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $225,210 | ExclusionAmt |
| Related Or Exempt Function Incm | $140,256 | RelatedOrExemptFunctionIncmAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $1,220,273 | ExclusionAmt |
| Related Or Exempt Function Incm | $140,256 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $1,360,529 | TotalIncomeProducingActyAmt |
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Line Number | 1 | LineNumberTxt |
| Relationship Statement | Income provided from rental property for purposes of contributions | RelationshipStatementTxt |
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 (3 entries)
| ContributorContributorNum | Address Line1ContributorUSAddress/AddressLine1Txt | CityContributorUSAddress/CityNm | State AbbreviationContributorUSAddress/StateAbbreviationCd | ZIPContributorUSAddress/ZIPCd | Total ContributionsTotalContributionsAmt | Person ContributionPersonContributionInd |
|---|---|---|---|---|---|---|
| JoAnn H Brunetti | ||||||
| 1 | 3900 Galt Ocean Dr Suite 2701 | Fort Lauderdale | FL | 33308 | $200,000 | Yes (X) |
| JOHN J BRUNETTI JR | ||||||
| 2 | PO BOX 158 | HIALEAH | FL | 33011 | $100,000 | Yes (X) |
| STEPHEN P BRUNETTI | ||||||
| 3 | PO BOX 158 | HIALEAH | FL | 33011 | $100,000 | Yes (X) |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp (9 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | Cost Or Other BasisCostOrOtherBasisAmt | Computation MethodComputationMethodTxt | Current Year ExpenseCurrentYearExpenseAmt | Net Investment IncomeNetInvestmentIncomeAmt | Prior Year DepreciationPriorYearDepreciationAmt | LifeLifeRt |
|---|---|---|---|---|---|---|---|
| LAND - DEVELOPED | 2015-12-28 | $320,000 | L | $0 | $0 | ||
| BUILDING | 2015-12-28 | $774,331 | SL | $28,157 | $28,157 | $28,157 | 27.500000000000 |
| FURNITURE AND FIXTURES | 2015-12-28 | $119,895 | 200DB | $24,469 | $17,128 | $34,255 | 7.000000000000 |
| EQUIPMENT RANGES | 2015-12-28 | $30,762 | 200DB | $7,383 | $6,152 | $12,305 | 5.000000000000 |
| BUILDING IMPROVEMENTS | 2016-12-31 | $290,000 | SL | $10,545 | $10,545 | $10,545 | 27.500000000000 |
| FURNITURE AND FIXTURES | 2016-12-31 | $174,721 | 200DB | $35,657 | $24,960 | $49,920 | 7.000000000000 |
| EQUIPMENT RANGES | 2016-12-31 | $62,162 | 200DB | $14,919 | $12,432 | $24,865 | 5.000000000000 |
| FURNITURE AND FIXTURES | 2018-12-31 | $51,192 | 200DB | $51,192 | $0 | 7.000000000000 | |
| EQUIPMENT RANGES | 2018-12-31 | $9,769 | 200DB | $9,769 | $0 | 5.000000000000 |
Expln Of Non Filing With AG Stmt ExplnOfNonFilingWithAGStmt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | STATE REPORTING ONLY IF PUBLIC DONATIONS ARE RECEIVED. ALL DONATIONS TO THE BRUNETTI FOUNDATION ARE RECEIVED FROM FAMILY MEMBERS. | ExplanationTxt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | INVESTMENT CORPORATE BONDS | BondNm |
| EOY Book Value | $293,779 | EOYBookValueAmt |
| EOYFMV | $335,873 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | INVESTMENT CORPORATE STOCK | StockNm |
| EOY Book Value | $8,534,385 | EOYBookValueAmt |
| EOYFMV | $8,625,481 | EOYFMVAmt |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp (9 entries)
| Category Or ItemCategoryOrItemTxt | Cost Or Other BasisCostOrOtherBasisAmt | Accumulated DepreciationAccumulatedDepreciationAmt | Book ValueBookValueAmt |
|---|---|---|---|
| LAND - DEVELOPED | $320,000 | $0 | $320,000 |
| BUILDING | $774,331 | $56,314 | $718,017 |
| FURNITURE AND FIXTURES | $119,895 | $58,724 | $61,171 |
| EQUIPMENT RANGES | $30,762 | $19,688 | $11,074 |
| BUILDING IMPROVEMENTS | $290,000 | $21,090 | $268,910 |
| FURNITURE AND FIXTURES | $174,721 | $85,577 | $89,144 |
| EQUIPMENT RANGES | $62,162 | $39,784 | $22,378 |
| FURNITURE AND FIXTURES | $51,192 | $51,192 | $0 |
| EQUIPMENT RANGES | $9,769 | $9,769 | $0 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp (2 entries)
| Legal FeesLegalFeesAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | CategoryCategoryTxt |
|---|---|---|---|
| $1,066 | $1,066 | $0 | |
| $7,344 | $7,344 | $0 | LEGAL |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | DUE TO FROM FOREST PLACE APTS | Desc |
| BOY Book Value | $198,803 | BOYBookValueAmt |
| EOY Book Value | $495,030 | EOYBookValueAmt |
| EOYFMV | $495,030 | EOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (51 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| HAZARD & LIBILITY INSURANCE BF | $2,063 | $2,063 | $0 |
| INVESTMENT BROKER FEES | $75 | $75 | $0 |
| BANK SERVICE CHARGE | $637 | $637 | $0 |
| ADVERTISING EXPENSE | $56,555 | $56,555 | $0 |
| SIGN EXPENSE | $6,200 | $6,200 | $0 |
| GAS ALLOWANCE MAINENANCE | $1,249 | $1,249 | $0 |
| COMPUTER PROCESSING | $16,969 | $16,969 | $0 |
| DUES, SUBSCR & ED TRAINING | $4,504 | $4,504 | $0 |
| MANAGEMENT FEES | $84,531 | $84,531 | $0 |
| OFFICE EQUIP RENTAL & MAINT | $7,501 | $7,501 | $0 |
| OFFICE SUPPLIES | $6,901 | $6,901 | $0 |
| POSTAGE | $3,058 | $3,058 | $0 |
| PROFESSIONAL FEES EXPENSE | $2,291 | $2,291 | $0 |
| SUPERINTENDENT APT EXPENSE | $57,952 | $57,952 | $0 |
| MODEL APARTMENT EXPENSE | $13,215 | $13,215 | $0 |
| TELEPHONE EXPENSE | $23,345 | $23,345 | $0 |
| UNCOLLECTIBLE RENTS RECEIVABLE | $10,485 | $10,485 | $0 |
| ELECTRIC EXPENSE - TENANT | $6,124 | $6,124 | $0 |
| GAS HEAT EXPENSE | $19,708 | $19,708 | $0 |
| ELECTRIC EXPENSE | $30,983 | $30,983 | $0 |
| WATER EXPENSE | $173,197 | $173,197 | $0 |
| FIRE OR BURGLAR ALARM SERVICE | $20,298 | $20,298 | $0 |
| APPLIANCE REPAIRS AND SUPPLIES | $2,991 | $2,991 | $0 |
| CABANA REPAIRS & SUPPLIES | $8,949 | $8,949 | $0 |
| FITNESS POOL BBQ EXPENSE | $39,362 | $39,362 | $0 |
| CARPET EXPENSE | $26,849 | $26,849 | $0 |
| CARPET CLEANING | $3,595 | $3,595 | $0 |
| CREDIT REPOART BACKGROUND CHECK | $3,802 | $3,802 | $0 |
| JANITORIAL SUPPLIES | $7,864 | $7,864 | $0 |
| ELECTRICAL CONTRACT - REPAIRS | $7,988 | $7,988 | $0 |
| ELEVATOR REPAIRS /FEES/SUPPLIES | $8,400 | $8,400 | $0 |
| EXTERMINATING EXPENSE | $19,107 | $19,107 | $0 |
| GARBAGE REMOVAL EXPENSE | $40,712 | $40,712 | $0 |
| HVAC REPAIRS & SUPPLIES | $64,911 | $64,911 | $0 |
| JANITORIAL CONTRACT | $7,860 | $7,860 | $0 |
| LANDSCAPING EXPENSE | $26,801 | $26,801 | $0 |
| REPAIRS & SUPPLIES | $201,602 | $201,602 | $0 |
| PAINTING CONTRACT | $20,715 | $20,715 | $0 |
| PAINTING SUPPLIES | $43,897 | $43,897 | $0 |
| REAPIR COMMON AREA & EXTERIOR | $24,428 | $24,428 | $0 |
| TILE REAPIRS | $28,301 | $28,301 | $0 |
| PLUMBING REAPIRS & SUPPLIES | $29,329 | $29,329 | $0 |
| REPAIRS CONTRACT | $1,897 | $1,897 | $0 |
| REPAIRS DRYWALL INTERIOR FINISH | $1,875 | $1,875 | $0 |
| SECURITY SERVICES | $59,091 | $59,091 | $0 |
| SECURITY LOCS AND KEYS | $5,138 | $5,138 | $0 |
| UNIFORM RENTAL EXPENSE | $4,010 | $4,010 | $0 |
| WINDOWS SCREENS BLIND REPAIRS | $17,708 | $17,708 | $0 |
| KITCHEN CABINET AND COUNTER REP | $2,803 | $2,803 | $0 |
| LICENSES & FEES EXPENSE | $4,778 | $4,778 | $0 |
| HAZARD & LIABILITY INSURANCE | $184,360 | $184,360 | $0 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PRIOR PERIOD ADJUSTMENT REVERSAL | Desc |
| Amt | $1,372,548 | Amt |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail (3 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt |
|---|---|---|
| RENTS RECEIVED IN ADVANCE | $3,597 | $11,518 |
| TENANTS SECURITY DEPOSITS | $171,275 | $172,055 |
| DUE TO FROM FOREST PLACE | $940,000 | $0 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (4 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| FOREIGN TAX WH | $3,476 | $3,476 | $0 |
| NJ ANNUAL REPORT | $77 | $77 | $0 |
| FEDERAL INCOME TAX | $23,635 | $23,635 | $0 |
| TAXES | $353,480 | $353,480 | $0 |