DR M LEE PEARCE FOUNDATION INC: Form 990PF, tax year 2018
View the entire original 990 at ProPublica ↗
- Organization
- DR M LEE PEARCE FOUNDATION INC (EIN 59-2424272)
- Tax period
- 2018-01-01 to 2018-12-31
- Filed
- 2019-10-24
- IRS object ID
- 201922979349100107
- 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
- Depreciation Schedule
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Land Schedule2
- Investments Other Schedule2
- Other Assets Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2019-10-24T10:58:56-05:00 | ReturnTs |
| Tax Period End | 2018-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BERKOWITZ POLLACK BRANT | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 200 S BISCAYNE BLVD 7th FL | AddressLine1Txt |
| City | MIAMI | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33131 | 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 | 592424272 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Dr M Lee Pearce Foundation Inc | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % PATRICIA HOPKINS | InCareOfNm |
| Business Name Control | DRML | BusinessNameControlTxt |
| Phone | 3058617701 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 16 La Gorce Circle | AddressLine1Txt |
| City | Miami Beach | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33141 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | CHARLES DOUGLAS | PersonNm |
| Person Title | OFFICER | PersonTitleTxt |
| Signature | 2019-10-22 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Jeffrey M Mutnik CPA | PreparerPersonNm |
| PTIN | P00047373 | PTIN |
| Phone | 3053797000 | PhoneNum |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 38.104.95.90 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Federal Original Submission Id | 65716920192975000009 | FederalOriginalSubmissionId |
| Federal Original Submission Id | 2019-10-24 | FederalOriginalSubmissionIdDt |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | ECFE5F950DA8BE18F61AF72F557F1D36B2232058 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 7A7EA7DCD523B984EB57889D27B4A30E62C6B30C | 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 | $18,615,454 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $0 | ContriRcvdRevAndExpnssAmt |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $73,171 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $73,171 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $288,773 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $288,773 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $308,721 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $3,840,726 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $308,721 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $11,050 | OtherIncomeRevAndExpnssAmt |
| Total Rev And Expnss | $681,715 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $670,665 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $85,250 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $25,575 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $59,675 | CompOfcrDirTrstDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $236,658 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $70,997 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $0 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $165,661 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $11,243 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $3,373 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $7,870 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $128,640 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $128,640 | OtherProfFeesNetInvstIncmAmt |
| Taxes Rev And Expnss | $5,136 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $4,938 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $198 | TaxesDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $16,571 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $4,971 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $11,600 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $18,710 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $1,985 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $9,631 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $502,208 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $240,479 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $254,635 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $567,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $567,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,069,208 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $240,479 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $821,635 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$387,493 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $430,186 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $162,947 | CashBOYAmt |
| Cash EOY | $67,202 | CashEOYAmt |
| Cash EOYFMV | $67,202 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $7,423,307 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $1,963,960 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $1,964,178 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $9,761,629 | CorporateStockBOYAmt |
| Corporate Stock EOY | $15,401,738 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $14,791,053 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $1,444,046 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $1,478,921 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $1,423,427 | CorporateBondsEOYFMVAmt |
| Invst Land Cost Or Other Basis | $4,201 | InvstLandCostOrOtherBasisAmt |
| Invst Land Accum Depreciation | $4,201 | InvstLandAccumDepreciationAmt |
| Other Investments BOY | $39,653 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $19,293 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $368,574 | OtherInvestmentsEOYFMVAmt |
| Other Assets BOY | $194 | OtherAssetsBOYAmt |
| Other Assets EOY | $1,020 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $1,020 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $18,831,776 | TotalAssetsBOYAmt |
| Total Assets EOY | $18,932,134 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $18,615,454 | TotalAssetsEOYFMVAmt |
| Other Liabilities BOY | $0 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $683,110 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $683,110 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Tot Net Ast Or Fund Balances BOY | $18,831,776 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $18,249,024 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $18,831,776 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $18,932,134 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $18,831,776 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$387,493 | ExcessRevenueOverExpensesAmt |
| Subtotal | $18,444,283 | SubtotalAmt |
| Other Decreases | $195,259 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $18,249,024 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)
| PropertyPropertyDesc | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|
| PUBLICLY TRADED SECURITIES | $3,792,056 | $3,511,645 | $280,411 | $280,411 |
| CARDIAC ASSIST | $48,670 | $20,360 | $28,310 | $28,310 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $308,721 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $265,707 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $13,950,567 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.019046 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $200,463 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $12,216,422 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.016409 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $203,936 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $12,750,770 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.015994 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $118,684 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $12,472,977 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.009515 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $258,221 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $11,930,663 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.021643 | DistributionYr5Rt |
| Total Distribution | 0.082607 | TotalDistributionRt |
| Average Distribution | 0.016521 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $20,051,048 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $331,263 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $4,302 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $335,565 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $821,635 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Domestic Org Meeting Sect4940e | Yes (X) | DomesticOrgMeetingSect4940eInd |
| Investment Income Excise Tax | $4,302 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $4,302 | SubtotalAmt |
| Tax Based On Investment Income | $4,302 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $18,000 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $18,000 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $32 | EsPenaltyAmt |
| Overpayment | $13,666 | OverpaymentAmt |
| Applied To ES Tax | $13,666 | AppliedToESTaxAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | Yes (true) | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | DE | OrgReportOrRegisterStateCd |
| Org Report Or Register State | FL | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PATRICIA HOPKINS | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 3058617701 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 16 LA GORCE CIRCLE | AddressLine1Txt |
| City | Miami Beach | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33141 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Proceeds Or Net Income | false | ProceedsOrNetIncomeInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (12 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 |
|---|---|---|---|---|---|---|---|---|
| CHARLES DOUGLAS | ||||||||
| One South Dearborn | Chicago | IL | 60603 | CHAIRMAN, PRESIDENT & DIRECTOR | 0 | $13,000 | $0 | $0 |
| ROBERT POTTS | ||||||||
| 16 La Gorce Circle | Miami Beach | FL | 33141 | Vice President & DIRECTOR | 0 | $13,000 | $0 | $0 |
| RICHARD INGLIS | ||||||||
| 16 La Gorce Circle | Miami Beach | FL | 33141 | Treasurer | 0 | $2,500 | $0 | $0 |
| JOSEPH MARTIN | ||||||||
| 16 La Gorce Circle | Miami Beach | FL | 33141 | DIRECTOR | 0 | $8,000 | $0 | $0 |
| YULIETH FRANCO | ||||||||
| 16 La Gorce Circle | Miami Beach | FL | 33141 | DIRECTOR | 0 | $8,000 | $0 | $0 |
| MICHAEL CARPENTER | ||||||||
| 16 La Gorce Circle | Miami Beach | FL | 33141 | EXEC VICE PRESIDENT & Director | 0 | $8,000 | $0 | $0 |
| SCOTT KENT | ||||||||
| 16 La Gorce Circle | Miami Beach | FL | 33141 | ASSISTANT TREASURER | 0 | $2,500 | $0 | $0 |
| JEFFREY BOLTON | ||||||||
| 16 La Gorce Circle | Miami Beach | FL | 33141 | DIRECTOR | 0 | $0 | $0 | $0 |
| TRICIA HOPKINS | ||||||||
| 16 La Gorce Circle | Miami Beach | FL | 33141 | Ass't Secretary | 0 | $1,250 | $0 | $0 |
| OLEG DE LOUSANOFF | ||||||||
| 16 La Gorce Circle | Miami Beach | FL | 33141 | Sr. Vice President & DIRECTOR | 0 | $13,000 | $0 | $0 |
| VALERY GERGIEV | ||||||||
| 16 La Gorce Circle | Miami Beach | FL | 33141 | DIRECTOR | 0 | $8,000 | $0 | $0 |
| MICHAEL ROSENBLATT | ||||||||
| 16 La Gorce Circle | Miami Beach | FL | 33141 | DIRECTOR (UNTIL 11/13/18) | 0 | $8,000 | $0 | $0 |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (4 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| Sidley Austin LLP | |||||
| One South Dearborn | CHICAGO | IL | 60603 | Legal services | $175,461 |
| Provenance Wealth Advisors | |||||
| 515 East Las Olas Blvd | FORT LAUDERDALE | FL | 33301 | Investment Advisory | $67,551 |
| Dunwody White & Landon PA | |||||
| 550 Biltmore Way Suite 810 | CORAL GABLES | FL | 33134 | Legal Services | $61,197 |
| Northern Trust Company | |||||
| 600 Brickell Avenue | MIAMI | FL | 33131 | Investment advisory | $61,089 |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | NOT APPLICABLE | Description1Txt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | NOT APPLICABLE | Description1Txt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $14,875,912 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $2,968,286 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $2,512,196 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $20,356,394 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $20,356,394 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $305,346 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $20,051,048 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $1,002,552 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $1,002,552 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $4,302 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $4,302 | TotalTaxAmt |
| Distributable Before Adj | $998,250 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $998,250 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $998,250 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $821,635 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $0 | CharitableAssetsAcquisPaidAmt |
| Set Aside Suitability Test | $0 | SetAsideSuitabilityTestAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $821,635 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $4,302 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $817,333 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $998,250 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $634,944 | UndistributedIncomePYAmt |
| Prior Year1 | 2016 | PriorYear1Yr |
| Prior Year2 | 2015 | PriorYear2Yr |
| Prior Year3 | 2014 | PriorYear3Yr |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr4 | $0 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $0 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $0 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $0 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $821,635 | QualifyingDistributionsAmt |
| Applied To Year1 | $634,944 | AppliedToYear1Amt |
| Applied To Current Year | $186,691 | 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 |
| Taxable1 | $0 | Taxable1Amt |
| Undistributed Income CY | $811,559 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $0 | ExcessDistriCyovToNextYrAmt |
| Excess From Year3 | $0 | ExcessFromYear3Amt |
| Excess From Year2 | $0 | ExcessFromYear2Amt |
| Excess From Year1 | $0 | ExcessFromYear1Amt |
| Excess From Current Year | $0 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | M LEE PEARCE | 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 | SEE ATTACHED STATEMENT | BusinessNameLine1Txt |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | VARIOUS | AddressLine1Txt |
| City | VARIOUS | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 99999 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Relationship | NONE | RecipientRelationshipTxt |
| Recipient Foundation Status | PC | RecipientFoundationStatusTxt |
| Grant Or Contribution Purpose | TO SUPPORT THE MISSION OF THE TAX EXEMPT ORGANIZATIONS. | GrantOrContributionPurposeTxt |
| Amt | $567,000 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $567,000 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fees Contracts From Govt Ag | FeesContractsFromGovtAgGrp | |
| Membership Dues And Assmnt | MembershipDuesAndAssmntGrp |
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $73,171 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $288,773 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Rntl Incm Re Debt Fincd Prop | NetRntlIncmReDebtFincdPropGrp | |
| Net Rntl Incm Re Not Debt Fincd Prop | NetRntlIncmReNotDebtFincdProp | |
| Net Rental Income Personal Prop | NetRentalIncomePersonalPropGrp | |
| Other Investment Incm Part VII | OtherInvestmentIncmPartVIIGrp |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $308,721 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Other Revenue Described OtherRevenueDescribedGrp (2 entries)
| DescDesc | ExclusionExclusionCd | Related Or Exempt Function IncmRelatedOrExemptFunctionIncmAmt |
|---|---|---|
| OTHER INCOME | 41 | $7,280 |
| MISCELLANEOUS RECEIPTS | 41 | $3,770 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $670,665 | ExclusionAmt |
| Related Or Exempt Function Incm | $11,050 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $681,715 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | OFFICE EQUIPMENT | PropertyDesc |
| Acquired | 2002-10-15 | AcquiredDt |
| Cost Or Other Basis | $4,201 | CostOrOtherBasisAmt |
| Prior Year Depreciation | $4,201 | PriorYearDepreciationAmt |
| Computation Method | M7 | ComputationMethodTxt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | SEI - FIXED INC. | BondNm |
| EOY Book Value | $1,478,921 | EOYBookValueAmt |
| EOYFMV | $1,423,427 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (4 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| QBLK STATEGIC PARTNERS | $2,456,875 | $2,483,861 |
| GOLDMAN SACHS INVESTMENTS | $0 | $0 |
| SEI - HOLDINGS | $5,316,975 | $5,372,525 |
| NORTHERN TRUST HOLDINGS | $7,627,888 | $6,934,667 |
Investments Land Schedule2 InvestmentsLandSchedule2
Investment Land InvestmentLandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | OFFICE EQUIPMENT | CategoryOrItemTxt |
| Cost Or Other Basis | $4,201 | CostOrOtherBasisAmt |
| Accumulated Depreciation | $4,201 | AccumulatedDepreciationAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (3 entries)
| Category Or ItemCategoryOrItemTxt | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| APPLIED SPECTRAL IMAGING | $19,293 | $19,293 |
| GOLDMAN SACHS INVESTMENTS | $0 | $349,281 |
| CARDIAC ASSIST TECH | $0 | $0 |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (2 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| OTHER RECEIVABLES | $0 | $861 | $861 |
| DIV. REC. - SEI | $194 | $159 | $159 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail (2 entries)
| DescDesc | AmtAmt |
|---|---|
| BOOK/TAX TEMPORARY TIMING DIFFERENCES | $172,949 |
| BOOK/TAX PERMANENT DIFFERENCES | $22,310 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (5 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| INSURANCE EXPENSE | $6,616 | $1,985 | $4,631 |
| BANK CHARGES | $31 | ||
| OTHER EXPENSES | $2,663 | ||
| MEALS | $4,400 | ||
| MEMBER FEES | $5,000 | $5,000 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt |
|---|---|
| Other Income | $7,280 |
| Miscellaneous Receipts | $3,770 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail (2 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt |
|---|---|---|
| PAYROLL TAX WITHHOLDING | $0 | $6,300 |
| GOLDMAN SACHS INVESTMENTS | $0 | $676,810 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ADVISORY FEE | CategoryTxt |
| Amt | $128,640 | Amt |
| Net Investment Income | $128,640 | NetInvestmentIncomeAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| FOREIGN TAX EXPENSE | $4,938 | $4,938 | |
| ANNUAL FRANCHISE TAX | $198 | $198 |
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