VNTC COTTEE ALVIN SHERMAN FAM FOUNDATION 011635: Form 990PF, tax year 2018
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- Organization
- VNTC COTTEE ALVIN SHERMAN FAM FOUNDATION 011635 (EIN 65-0419459)
- Tax period
- 2018-01-01 to 2018-12-31
- Filed
- 2019-10-14
- IRS object ID
- 201942879349100704
- Schema version
- 2018v3.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Schedule B
- Investments Other Schedule2
- Legal Fees Schedule
- Other Assets Schedule
- Other Decreases Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2019-10-14T09:00:21-05:00 | ReturnTs |
| Tax Period End | 2018-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 346565596 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ERNST & YOUNG US LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 40 WESTMINSTER ST | AddressLine1Txt |
| City | PROVIDENCE | CityNm |
| State Abbreviation | RI | StateAbbreviationCd |
| ZIP | 02903 | 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 | 650419459 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | VNTC COTTEE ALVIN SHERMAN FAMILY FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | ALVI | BusinessNameControlTxt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 709 | AddressLine1Txt |
| City | VALLEY FORGE | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 194820709 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ANN BINDER | PersonNm |
| Person Title | TRUST OFFICER | PersonTitleTxt |
| Signature | 2019-10-11 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | CHRISTOPHER L GILLAM | PreparerPersonNm |
| PTIN | P01212487 | PTIN |
| Phone | 4014573848 | PhoneNum |
| Preparation | 2019-10-11 | PreparationDt |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 192.168.85.1 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | 419FF4C201BF956795DE230855E34FA8106DF91A | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 419FF4C201BF956795DE230855E34FA8106DF91A | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2018 | TaxYr |
| Build TS | 2020-01-14 16:20:31Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $5,475,501 | FMVAssetsEOYAmt |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $5,576,381 | ContriRcvdRevAndExpnssAmt |
| Dividends Rev And Expnss | $246,554 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $246,554 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | -$92,109 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $1,812,827 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $0 | CapGainNetIncmNetInvstIncmAmt |
| Net ST Capital Gain Adj Net Incm | $0 | NetSTCapitalGainAdjNetIncmAmt |
| Other Income Rev And Expnss | $13,227 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $8,068 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $5,744,053 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $254,622 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $305,875 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $305,875 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $0 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Adj Net Incm | $0 | OthEmplSlrsWgsAdjNetIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $0 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Net Invst Incm | $0 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Adj Net Incm | $0 | PensionEmplBnftAdjNetIncmAmt |
| Legal Fees Rev And Expnss | $10,551 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $3,957 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $0 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $0 | LegalFeesDsbrsChrtblAmt |
| Other Prof Fees Rev And Expnss | $6,980 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $6,980 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Interest Dsbrs Chrtbl | $0 | InterestDsbrsChrtblAmt |
| Taxes Rev And Expnss | $44,641 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $1,641 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $0 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $0 | DeprecAndDpltnNetInvstIncmAmt |
| Trav Conf Meeting Net Invst Incm | $0 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Adj Net Incm | $0 | TravConfMeetingAdjNetIncmAmt |
| Printing And Pub Net Invst Incm | $0 | PrintingAndPubNetInvstIncmAmt |
| Printing And Pub Adj Net Incm | $0 | PrintingAndPubAdjNetIncmAmt |
| Tot Opr Expenses Rev And Expnss | $368,047 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $12,578 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $305,875 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $1,860,609 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $1,860,609 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $2,228,656 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $12,578 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $2,166,484 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $3,515,397 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $242,044 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $19,387 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $71,207 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $71,207 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl EOY | $0 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $0 | AcctRcvblEOYFMVAmt |
| Other Rcvbl Allwnc Dbtfl Acct | $0 | OtherRcvblAllwncDbtflAcctAmt |
| Other Investments BOY | $2,232,333 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $2,176,562 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $2,066,167 | OtherInvestmentsEOYFMVAmt |
| Other Assets BOY | $220,399 | OtherAssetsBOYAmt |
| Other Assets EOY | $3,731,286 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $3,338,127 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $2,472,119 | TotalAssetsBOYAmt |
| Total Assets EOY | $5,979,055 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $5,475,501 | TotalAssetsEOYFMVAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Capital Stock BOY | $2,472,119 | CapitalStockBOYAmt |
| Capital Stock EOY | $5,979,055 | CapitalStockEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $2,472,119 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $5,979,055 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $2,472,119 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $5,979,055 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $2,472,119 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $3,515,397 | ExcessRevenueOverExpensesAmt |
| Other Increases | $710 | OtherIncreasesAmt |
| Subtotal | $5,988,226 | SubtotalAmt |
| Other Decreases | $9,171 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $5,979,055 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (14 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | How AcquiredHowAcquiredCd |
|---|---|---|---|---|---|---|---|
| 313.987 VANGUARD TOTAL BOND MARKET I NDEX FD ADMIRAL SHS | 2017-09-25 | 2018-04-10 | $3,300 | $3,400 | -$100 | -$100 | |
| 1538.462 VANGUARD TOTAL BOND MARKET I NDEX FD ADMIRAL SHS | 2017-09-25 | 2018-05-10 | $16,000 | $16,662 | -$662 | -$662 | |
| 852.878 VANGUARD INTERMEDIATE-TERM INVESTMENT-GRADE ADMIRAL SHARES | 2017-09-25 | 2018-05-10 | $8,000 | $8,401 | -$401 | -$401 | |
| 574.163 VANGUARD SHORT-TERM CORPORAT E ADMIRAL SHARES | 2017-09-25 | 2018-05-10 | $6,000 | $6,144 | -$144 | -$144 | |
| 596.878 VANGUARD TOTAL INTERNATIONAL BOND IDX FD ADMIRAL | 2017-09-25 | 2018-05-10 | $13,000 | $13,036 | -$36 | -$36 | |
| 186.17 VANGUARD INTERMEDIATE-TERM INVESTMENT-GRADE ADMIRAL SHARES | 2017-09-25 | 2018-06-27 | $1,750 | $1,834 | -$84 | -$84 | |
| 6.601 VANGUARD TOTAL BOND MARKET I NDEX FD ADMIRAL SHS | 2017-12-22 | 2018-10-17 | $68 | $71 | -$3 | -$3 | |
| 3.458 VANGUARD TOTAL BOND MARKET I NDEX FD ADMIRAL SHS | 2018-03-29 | 2018-10-17 | $35 | $36 | -$1 | -$1 | |
| 574.736 VANGUARD TOTAL BOND MARKET I NDEX FD ADMIRAL SHS | 2017-09-25 | 2018-10-17 | $5,897 | $6,224 | -$327 | -$327 | |
| .00157 PRIOR TRUSTEE INFORMATION | 2018-10-01 | 2018-12-31 | $2,723 | $2,864 | -$141 | -$141 | |
| .2642 PRIOR TRUSTEE INFORMATION | 2018-10-01 | 2018-12-31 | $8,877 | $9,049 | -$172 | -$172 | |
| .99843 PRIOR TRUSTEE INFORMATION | 2018-10-01 | 2018-12-31 | $1,734,019 | $1,823,926 | -$89,907 | -$89,907 | |
| .7358 PRIOR TRUSTEE INFORMATION | 2018-10-01 | 2018-12-31 | $24,722 | $25,202 | -$480 | -$480 | |
| CAPITAL GAIN DIVIDENDS | $36 | P |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -$92,109 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $101,475 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $4,347,341 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.023342 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $95,392 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $1,851,008 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.051535 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $99,791 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $1,898,036 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.052576 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $59,362 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $1,995,952 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.029741 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $51,924 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $1,207,938 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.042986 | DistributionYr5Rt |
| Total Distribution | 0.20018 | TotalDistributionRt |
| Average Distribution | 0.040036 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $5,766,219 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $230,856 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $2,420 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $233,276 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $2,166,484 | 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 | $2,420 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $2,420 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $2,420 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $11,394 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $11,394 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $8,974 | OverpaymentAmt |
| Applied To ES Tax | $1,210 | AppliedToESTaxAmt |
| Refund | $7,764 | RefundAmt |
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 | false | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | FL | 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 | VANGUARD NATIONAL TRUST CO | BusinessNameLine1Txt |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 709 | AddressLine1Txt |
| City | VALLEY FORGE | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 19482 | 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 | Yes (true) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| 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 |
|---|---|---|---|---|---|---|
| VANGUARD NATIONAL TRUST COMPANY | ||||||
| PO BOX 709 | VALLEY FORGE | PA | 19482 | CO-TRUSTEE | 2 | $5,875 |
| JAYNE SHERMAN | ||||||
| 2021 TYLER ST | HOLLYWOOD | FL | 33020 | CO-TRUSTEE | 2 | $200,000 |
| LANNY KALIK | ||||||
| 2021 TYLER ST | HOLLYWOOD | FL | 33020 | CO-TRUSTEE | 2 | $100,000 |
| 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 |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | LOCATE QUALIFIED TAX EXEMPT ORGANIZATIONS. DONATE TO THEM TO FUTHER THEIR TAX EXEMPT PURPOSE. | Description1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sum Of Program Related Invst | SumOfProgramRelatedInvstGrp |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $5,151,955 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $702,074 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $5,854,029 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $5,854,029 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $87,810 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $5,766,219 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $288,311 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $288,311 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $2,420 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $2,420 | TotalTaxAmt |
| Distributable Before Adj | $285,891 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $285,891 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $285,891 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $2,166,484 | 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 | $2,166,484 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $2,420 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $2,164,064 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $285,891 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $173,866 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $0 | ExcessDistributionCyovYr5Amt |
| 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 | $2,166,484 | QualifyingDistributionsAmt |
| Applied To Year1 | $173,866 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $285,891 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $1,706,727 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $1,706,727 | 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 | $1,706,727 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $0 | ExcessFromYear4Amt |
| Excess From Year3 | $0 | ExcessFromYear3Amt |
| Excess From Year2 | $0 | ExcessFromYear2Amt |
| Excess From Year1 | $0 | ExcessFromYear1Amt |
| Excess From Current Year | $1,706,727 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (4 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| NOVA SOUTHEASTERN UNIVERSITY | |||||||
| 3301 COLLEGE AVENUE | FT LAUDERDALE | FL | 33314 | NONE | OTHER PUBLIC CHARITY | FURTHER THE ORGANIZATION'S | $1,700,609 |
| BAY STREET THEATER | |||||||
| PO BOX 819 | SAG HARBOR | NY | 11963 | NONE | OTHER PUBLIC CHARITY | FURTHER THE ORGANIZATION'S | $5,000 |
| JOE DIMAGGIO CHILDREN'S HOSPITAL FDN | |||||||
| 3329 JOHNSON ST | HOLLYWOOD | FL | 33021 | NONE | OTHER PUBLIC CHARITY | FURTHER THE ORGANIZATION'S | $150,000 |
| Hamptons International Film Festival Inc | |||||||
| 79 NEWTOWN LANE | EAST HAMPTON | NY | 11937 | NONE | OTHER PUBLIC CHARITY | FURTHER THE ORGANIZATION'S | $5,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $1,860,609 | 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 |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $246,554 | 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 | -$92,109 | 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 | ExclusionExclusionAmt |
|---|---|
| PARTNERSHIP INCOME | $8,068 |
| REIMBURSEMENT FOR | $5,159 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $167,672 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $167,672 | TotalIncomeProducingActyAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Rln Of Acty To Accom Of Exmpt Prps | RlnOfActyToAccomOfExmptPrpsGrp |
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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ALVIN SHERMAN FOUNDATION INHERITED IRA | BusinessNameLine1Txt |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3000 ISLAND BLVD 1605 | AddressLine1Txt |
| City | AVENTURA | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33160 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $5,576,381 | TotalContributionsAmt |
| Noncash Contribution | Yes (X) | NoncashContributionInd |
Non Cash Property Contribution NonCashPropertyContributionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Noncash Property | ASSETS AND CASH FROM THE INHERITED IRA OF ALVIN SHERMAN WERE TRANSFERRED INTO THE CHARLES SHWAB BROK | NoncashPropertyDesc |
| Fair Market Value | $5,576,381 | FairMarketValueAmt |
| Received | 2018-05-30 | ReceivedDt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (6 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| VANGUARD TOTAL INTERNATIONAL S | AT COST | $714,275 | $619,527 |
| VANGAURD TOTAL BOND MARKET IND | AT COST | $129,961 | $125,401 |
| VANGUARD INTERMEDIATE-TERM INV | AT COST | $83,667 | $79,761 |
| VANGUARD SHORT-TERM INVESTMENT | AT COST | $56,356 | $54,986 |
| VANGUARD TOTAL INTERNATIONAL B | AT COST | $120,891 | $120,060 |
| VANGUARD TOTAL STOCK MARKET IN | AT COST | $1,071,412 | $1,066,432 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp (2 entries)
| CategoryCategoryTxt | Legal FeesLegalFeesAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| ATTORNEY FEES | $3,957 | $3,957 |
| MISC EXPENSES | $6,594 |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ASSETS HELD BY CHARLES SCHWAB | Desc |
| BOY Book Value | $220,399 | BOYBookValueAmt |
| EOY Book Value | $3,731,286 | EOYBookValueAmt |
| EOYFMV | $3,338,127 | EOYFMVAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail (2 entries)
| DescDesc | AmtAmt |
|---|---|
| INCOME IN 2019 TAXED IN 2018 | $6,775 |
| ADJ CHARLES SCHWAB ENDING BAL | $2,396 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| PARTNERSHIP INCOME | $8,068 | $8,068 |
| REIMBURSEMENT OF FUNDS PAID | $5,159 | $0 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | INCOME IN 2017 TAXED IN 2018 | Desc |
| Amt | $710 | Amt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | INVESTMENT MANAGEMENT FEES | CategoryTxt |
| Amt | $6,980 | Amt |
| Net Investment Income | $6,980 | NetInvestmentIncomeAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| PRIOR YEAR TAX LIABILITY | $43,000 | $0 | $0 |
| FOREIGN TAXES PAID BY VANGUARD | $1,582 | $1,582 | $0 |
| FOREIGN TAX PAID BY CHARLES SC | $59 | $59 | $0 |
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