JAFFE FOUNDATION: Form 990PF, tax year 2018
View the entire original 990 at ProPublica ↗
- Organization
- JAFFE FOUNDATION (EIN 06-1469004)
- Tax period
- 2018-01-01 to 2018-12-31
- Filed
- 2019-11-13
- IRS object ID
- 201933179349101728
- 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
- Investments Corp Stock Schedule
- Other Assets Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Professional Fees Schedule
- Substantial Contributors Sch
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2019-11-13T13:00:26-06:00 | ReturnTs |
| Tax Period End | 2018-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Sayles & Evans | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | One West Church Street | AddressLine1Txt |
| City | Elmira | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 14901 | 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 | 061469004 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Jaffe Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % MARKET STREET SERVICES LLC | InCareOfNm |
| Business Name Control | JAFF | BusinessNameControlTxt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 80 E Market Street Ste 300 | AddressLine1Txt |
| City | Corning | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 14830 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DOUGLAS JAFFE | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 6079626876 | PhoneNum |
| Signature | 2019-11-11 | SignatureDt |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | STEVE AGAN | PreparerPersonNm |
| PTIN | P00545842 | PTIN |
| Phone | 6077342271 | PhoneNum |
| Preparation | 2019-11-10 | PreparationDt |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 72.43.43.186 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Federal Original Submission Id | 16290720193175000000 | FederalOriginalSubmissionId |
| Federal Original Submission Id | 2019-11-13 | FederalOriginalSubmissionIdDt |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | F4E955239BA5C8DF6EB7D90C123A8FD5B2F69C6D | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 71ECC7F942B8DA640E5CC9F10AC9190152316416 | 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 | $6,338,814 | 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 | $516,768 | ContriRcvdRevAndExpnssAmt |
| Dividends Rev And Expnss | $114,329 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $114,329 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $699,810 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $709,259 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $699,810 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $1,330,907 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $814,139 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Other Prof Fees Rev And Expnss | $19,826 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $19,826 | OtherProfFeesNetInvstIncmAmt |
| Taxes Rev And Expnss | $11,416 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $4,271 | TaxesNetInvstIncmAmt |
| Other Expenses Rev And Expnss | $7,540 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $7,515 | OtherExpensesNetInvstIncmAmt |
| Tot Opr Expenses Rev And Expnss | $38,782 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $31,612 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $114,073 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $114,073 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $152,855 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $31,612 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $114,073 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $1,178,052 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $782,527 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $794,833 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $1,007,076 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $1,007,076 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $201,087 | CorporateStockBOYAmt |
| Corporate Stock EOY | $501,087 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $503,944 | CorporateStockEOYFMVAmt |
| Other Assets BOY | $4,839,371 | OtherAssetsBOYAmt |
| Other Assets EOY | $4,997,861 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $4,827,794 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $5,835,291 | TotalAssetsBOYAmt |
| Total Assets EOY | $6,506,024 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $6,338,814 | TotalAssetsEOYFMVAmt |
| Grants Payable BOY | $1,608,654 | GrantsPayableBOYAmt |
| Grants Payable EOY | $955,783 | GrantsPayableEOYAmt |
| Total Liabilities BOY | $1,608,654 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $955,783 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Capital Stock BOY | $4,226,637 | CapitalStockBOYAmt |
| Capital Stock EOY | $5,550,241 | CapitalStockEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $4,226,637 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $5,550,241 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $5,835,291 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $6,506,024 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $4,226,637 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $1,178,052 | ExcessRevenueOverExpensesAmt |
| Other Increases | $652,871 | OtherIncreasesAmt |
| Subtotal | $6,057,560 | SubtotalAmt |
| Other Decreases | $507,319 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $5,550,241 | 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 |
|---|---|---|---|---|---|---|---|
| 775 SH PERSPECTA, INC. | D | 2015-12-17 | 2018-08-10 | $16,608 | $2,276 | $14,332 | $14,332 |
| 3249 SH APPLE, INC. | D | 2004-08-10 | 2018-12-31 | $516,417 | $7,173 | $509,244 | $509,244 |
| LITIGATION SETTLEMENT | P | 2001-01-01 | 2018-05-07 | $790 | $790 | $790 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $699,810 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $531,798 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $5,114,278 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.103983 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $409,571 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $3,383,118 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.121063 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $338,884 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $3,777,069 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.089721 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $297,836 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $3,833,556 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.077692 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $332,223 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $3,127,952 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.106211 | DistributionYr5Rt |
| Total Distribution | 0.49867 | TotalDistributionRt |
| Average Distribution | 0.099734 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $6,496,190 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $647,891 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $7,825 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $655,716 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $114,073 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $15,651 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $15,651 | SubtotalAmt |
| Tax Based On Investment Income | $15,651 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $3,500 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $3,500 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $7,000 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $505 | EsPenaltyAmt |
| Tax Due | $9,156 | TaxDueAmt |
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 | false | 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 | CT | OrgReportOrRegisterStateCd |
| Org Report Or Register State | DE | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | Yes (true) | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MARKET STREET SERVICES LLC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8009626876 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 80 E MARKET ST STE 300 | AddressLine1Txt |
| City | CORNING | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 14830 | 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 |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | 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 |
|---|---|---|---|---|---|---|---|---|
| DAVID M JAFFE | ||||||||
| 80 E Market Street Ste 300 | Corning | NY | 14830 | TREASURER | 0 | $0 | $0 | $0 |
| AMY D JAFFE | ||||||||
| 80 E Market Street Ste 300 | Corning | NY | 14830 | DIRECTOR | 0 | $0 | $0 | $0 |
| DOUGLAS JAFFE | ||||||||
| 80 E Market Street Ste 300 | Corning | NY | 14830 | PRESIDENT, SECRETARY | 0 | $0 | $0 | $0 |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | N/A | Description1Txt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | NONE | Description1Txt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $6,203,412 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $391,705 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $6,595,117 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $6,595,117 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $98,927 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $6,496,190 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $324,810 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $324,810 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $15,651 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $15,651 | TotalTaxAmt |
| Distributable Before Adj | $309,159 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $309,159 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $309,159 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $114,073 | 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 | $114,073 | QualifyingDistributionsAmt |
| Adjusted Qualifying Distri | $114,073 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $309,159 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Prior Year1 | 2016 | PriorYear1Yr |
| Prior Year2 | 2015 | PriorYear2Yr |
| Prior Year3 | 2014 | PriorYear3Yr |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $176,749 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $110,396 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $158,819 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $268,083 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $302,731 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $1,016,778 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $114,073 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Current Year | $114,073 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $195,086 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $195,086 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $821,692 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $821,692 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $92,059 | ExcessFromYear4Amt |
| Excess From Year3 | $158,819 | ExcessFromYear3Amt |
| Excess From Year2 | $268,083 | ExcessFromYear2Amt |
| Excess From Year1 | $302,731 | ExcessFromYear1Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | DAVID M JAFFE AMY JAFFE | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (2 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| CLARK UNIVERSITY | |||||||
| 950 MAIN STREET | WORCESTER | MA | 01610 | NONE | PC | OFFICE OF MULTICULTURAL AND FIRST GENERATION STUDENT SUPPORT | $104,073 |
| LEAP INC | |||||||
| 31 JEFFERSON STREET | NEW HAVEN | CT | 06511 | NONE | PC | GENERAL SUPPORT | $10,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $114,073 | TotalGrantOrContriPdDurYrAmt |
Grant Or Contri Apprv For Fut GrantOrContriApprvForFutGrp (2 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| CLARK UNIVERSITY | |||||||
| 950 MAIN STREET | WORCESTER | MA | 01610 | NONE | PC | OFFICE OF MULTICULTURAL AND FIRST GENERATION STUDENT SUPPORT | $105,783 |
| BENNINGTON COLLEGE | |||||||
| ONE COLLEGE DRIVE | BENNINGTON | VT | 05201 | NONE | PC | SCHOLARSHIP, ENDOWMENT | $850,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Apprv Fut | $955,783 | TotalGrantOrContriApprvFutAmt |
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 |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $114,329 | 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 | $699,810 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $814,139 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $814,139 | 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 |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp (2 entries)
| ContributorContributorNum | Address Line1ContributorUSAddress/AddressLine1Txt | CityContributorUSAddress/CityNm | State AbbreviationContributorUSAddress/StateAbbreviationCd | ZIPContributorUSAddress/ZIPCd | Total ContributionsTotalContributionsAmt | Noncash ContributionNoncashContributionInd |
|---|---|---|---|---|---|---|
| DAVID M JAFFE | ||||||
| 1 | 80 E MARKET ST STE 300 | CORNING | NY | 14830 | $500,005 | Yes (X) |
| DOUGLAS W JAFFE | ||||||
| 2 | 80 E MARKET ST STE 300 | CORNING | NY | 14830 | $16,763 | Yes (X) |
Depreciation Schedule DepreciationSchedule
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (2 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| FIDUCIARY TRUST COMPANY INT'L | $1,087 | $969 |
| VANGUARD TOTAL ST FUND | $500,000 | $502,975 |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (3 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| MS GLOBAL ALERNATIVE FUND | $1,276,138 | $1,138,718 | $981,507 |
| MS GLOBAL CREDIT FUND | $273,523 | $313,566 | $287,138 |
| MS GLOBAL EQUITY FUND | $3,289,710 | $3,545,577 | $3,559,149 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | APPRECIATION ON CONTRIBUTED STOCK | Desc |
| Amt | $507,319 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (4 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| FILING FEE | $25 | |
| MS GLOBAL ALTERNATIVES FUND | $2,327 | $2,327 |
| MS GLOBAL CREDIT FUND | $492 | $492 |
| MS GLOBAL EQUITY FUND | $4,696 | $4,696 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (3 entries)
| DescDesc |
|---|
| FIDUCIARY TRUST COMPANY |
| PARTNERSHIP DISTRIBUTIONS |
| ENTERPRISE PRODUCTS PARTNERS K-1 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | DECREASE IN GRANTS PAYABLE | Desc |
| Amt | $652,871 | Amt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | MARKET STREET TRUST COMPANY | CategoryTxt |
| Amt | $19,826 | Amt |
| Net Investment Income | $19,826 | NetInvestmentIncomeAmt |
Substantial Contributors Sch SubstantialContributorsSch
Substantial Contributor Detail SubstantialContributorDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DAVID M JAFFE | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 80 E MARKET ST STE 300 | AddressLine1Txt |
| City | CORNING | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 14830 | ZIPCd |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| FEDERAL TAX PAYMENTS | $7,145 | |
| FORIEGN TAXES | ||
| MS GLOBAL EQUITY FUND | $4,271 | $4,271 |
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