JAY AND LINDA GRUNIN FOUNDATION INC: Form 990PF, tax year 2018

View the entire original 990 at ProPublica ↗

Organization: JAY AND LINDA GRUNIN FOUNDATION INC (EIN 45-3988913)
Tax period: 2018-01-01 to 2018-12-31
Filed: 2019-05-13
IRS object ID: 201911339349102576
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
Investments Corp Stock Schedule
Other Decreases Schedule
Other Expenses Schedule
Other Income Schedule2
Other Liabilities Schedule
Other Professional Fees Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2019-05-13T14:49:21-05:00	ReturnTs
Tax Period End	2018-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	222426149	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	COWAN GUNTESKI & CO PA	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	40 BEY LEA RD STE A101	AddressLine1Txt
City	TOMS RIVER	CityNm
State Abbreviation	NJ	StateAbbreviationCd
ZIP	087532900	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	453988913	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	THE JAY AND LINDA GRUNIN FOUNDATION	BusinessNameLine1Txt
Business Name Line2	INC	BusinessNameLine2Txt

Field	Value	IRS element (for citing)
Business Name Control	JAYA	BusinessNameControlTxt
Phone	7323415800	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	1027 HOOPER AVENUE BLDG 1	AddressLine1Txt
City	TOMS RIVER	CityNm
State Abbreviation	NJ	StateAbbreviationCd
ZIP	08753	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	JAY GRUNIN	PersonNm
Person Title	CHAIRMAN	PersonTitleTxt
Phone	7322444010	PhoneNum
Signature	2018-05-15	SignatureDt
Discuss With Paid Preparer	Yes (true)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	DONALD COWAN	PreparerPersonNm
PTIN	P00285077	PTIN
Phone	7323496880	PhoneNum
Preparation	2019-05-13	PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

Field	Value	IRS element (for citing)
I Pv4 Address	96.225.19.98	IPv4AddressTxt

Field	Value	IRS element (for citing)
IP	2019-05-13	IPDt
IP Tm	14:49:21	IPTm
IP Timezone	CD	IPTimezoneCd
Filing License Type	P	FilingLicenseTypeCd
At Submission Creation Device Id	565B6EE2B281111FBA11BF380063E5965E10D460	AtSubmissionCreationDeviceId
At Submission Filing Device Id	2EF8F6D96B1E54600ABFB4F5A5EDAEB1D40FB52E	AtSubmissionFilingDeviceId

Field	Value	IRS element (for citing)
Tax	2018	TaxYr
Build TS	2019-02-21 02:37:17Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
FMV Assets EOY	$4,277,385	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	$4,475,512	ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss	$734	InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm	$734	InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss	$211,770	DividendsRevAndExpnssAmt
Dividends Net Invst Incm	$211,770	DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss	$1,955,603	NetGainSaleAstRevAndExpnssAmt
Gross Sales Price	$2,233,062	GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm	$1,955,603	CapGainNetIncmNetInvstIncmAmt
Other Income Rev And Expnss	$25,186	OtherIncomeRevAndExpnssAmt
Total Rev And Expnss	$6,668,805	TotalRevAndExpnssAmt
Total Net Invst Incm	$2,168,107	TotalNetInvstIncmAmt
Oth Empl Slrs Wgs Rev And Expnss	$161,846	OthEmplSlrsWgsRevAndExpnssAmt
Pension Empl Bnft Rev And Expnss	$11,442	PensionEmplBnftRevAndExpnssAmt
Other Prof Fees Rev And Expnss	$14,521	OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm	$145	OtherProfFeesNetInvstIncmAmt
Interest Rev And Expnss	$59	InterestRevAndExpnssAmt
Interest Net Invst Incm	$59	InterestNetInvstIncmAmt
Occupancy Rev And Expnss	$12,000	OccupancyRevAndExpnssAmt
Occupancy Net Invst Incm	$120	OccupancyNetInvstIncmAmt
Other Expenses Rev And Expnss	$412,107	OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm	$4,112	OtherExpensesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss	$611,975	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$4,436	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$0	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$4,649,556	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$4,649,556	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$5,261,531	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$4,436	TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl	$4,649,556	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	$1,407,274	ExcessRevenueOverExpensesAmt
Net Investment Income	$2,163,671	NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Cash BOY	$4,229	CashBOYAmt
Cash EOY	$116,911	CashEOYAmt
Cash EOYFMV	$116,911	CashEOYFMVAmt
Corporate Stock BOY	$3,323,071	CorporateStockBOYAmt
Corporate Stock EOY	$4,160,474	CorporateStockEOYAmt
Corporate Stock EOYFMV	$4,160,474	CorporateStockEOYFMVAmt
Total Assets BOY	$3,327,300	TotalAssetsBOYAmt
Total Assets EOY	$4,277,385	TotalAssetsEOYAmt
Total Assets EOYFMV	$4,277,385	TotalAssetsEOYFMVAmt
Other Liabilities BOY	$1,148	OtherLiabilitiesBOYAmt
Total Liabilities BOY	$1,148	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$0	TotalLiabilitiesEOYAmt
Organization Follows SFAS117	Yes (X)	OrganizationFollowsSFAS117Ind
Unrestricted BOY	$3,326,152	UnrestrictedBOYAmt
Unrestricted EOY	$4,277,385	UnrestrictedEOYAmt
Tot Net Ast Or Fund Balances BOY	$3,326,152	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$4,277,385	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$3,327,300	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$4,277,385	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$3,326,152	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	$1,407,274	ExcessRevenueOverExpensesAmt
Subtotal	$4,733,426	SubtotalAmt
Other Decreases	$456,041	OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY	$4,277,385	TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (7 entries)

PropertyPropertyDesc	How AcquiredHowAcquiredCd	AcquiredAcquiredDt	SoldSoldDt	Gross Sales PriceGrossSalesPriceAmt	Cost Or Other BasisCostOrOtherBasisAmt	Gain Or LossGainOrLossAmt	Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
3,058 TIME INC SHS	D	1995-06-20	2018-02-02	$56,573	$42,618	$13,955	$13,955
1,708 TIME INC SHS	D	2014-06-13	2018-02-02	$31,598	$14,329	$17,269	$17,269
0.684 AT&T CASH IN LIEU	D	1995-12-19	2018-06-15	$22	$12	$10	$10
5,567 TIME WARNER INC NEWMERGER	D	2000-02-18	2018-06-15	$299,226	$186,134	$113,092	$113,092
0.360 CIGNA CORP CASH IN LIEU	D	2012-04-02	2018-12-21	$65	$71	-$6	-$6
3,906 EXPRESS SCRIPTS HLDG	D	2012-04-02	2018-12-21	$95,209	$34,295	$60,914	$60,914
32,565 TIME WARNER INC MERGER	D	1996-08-30	2018-06-15	$1,750,369		$1,750,369	$1,750,369

Field	Value	IRS element (for citing)
Capital Gain Net Income	$1,955,603	CapitalGainNetIncomeAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

Field	Value	IRS element (for citing)
Liable Section4942 Tax	false	LiableSection4942TaxInd
Adjusted Qlfy Distri Yr1	$2,075,055	AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1	$3,432,286	NetVlNoncharitableAssetsYr1Amt
Distribution Yr1	0.604569	DistributionYr1Rt
Adjusted Qlfy Distri Yr2	$4,930,479	AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2	$4,931,779	NetVlNoncharitableAssetsYr2Amt
Distribution Yr2	0.999736	DistributionYr2Rt
Adjusted Qlfy Distri Yr3	$787,156	AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3	$2,603,111	NetVlNoncharitableAssetsYr3Amt
Distribution Yr3	0.302390	DistributionYr3Rt
Adjusted Qlfy Distri Yr4	$2,934,137	AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4	$1,054,017	NetVlNoncharitableAssetsYr4Amt
Distribution Yr4	2.783766	DistributionYr4Rt
Adjusted Qlfy Distri Yr5	$3,540,500	AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5	$955,497	NetVlNoncharitableAssetsYr5Amt
Distribution Yr5	3.705401	DistributionYr5Rt
Total Distribution	8.395862	TotalDistributionRt
Average Distribution	1.679172	AverageDistributionRt
Net Vl Noncharitable Assets	$4,254,505	NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets	$7,144,046	AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct	$21,637	NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct	$7,165,683	AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions	$4,649,556	QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Investment Income Excise Tax	$43,273	InvestmentIncomeExciseTaxAmt
Subtotal	$43,273	SubtotalAmt
Tax Based On Investment Income	$43,273	TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx	$10,000	EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits	$10,000	TotalPaymentsAndCreditsAmt
Form2220 Attached	Yes (X)	Form2220AttachedInd
Es Penalty	$1,050	EsPenaltyAmt
Tax Due	$34,323	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	NJ	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	JAYANDLINDAGRUNINFOUNDATION.ORG	WebsiteAddressTxt
Individual With Books	JAY GRUNIN	IndividualWithBooksNm
Phone	7323415800	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	9 CRANMOOR DRIVE	AddressLine1Txt
City	TOMS RIVER	CityNm
State Abbreviation	NJ	StateAbbreviationCd
ZIP	08753	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
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 (2 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
JAY GRUNIN
9 CRANMOOR DRIVE	TOMS RIVER	NJ	08753	CHAIRMAN	12.00	$0	$0	$0
JEREMY GRUNIN
25 CRANMOOR DRIVE	TOMS RIVER	NJ	08753	PRESIDENT	36.00	$0	$0	$0

Compensation Highest Paid Empl CompensationHighestPaidEmplGrp

Field	Value	IRS element (for citing)
Person	HEATHER BARBERI	PersonNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	336 18TH AVENUE	AddressLine1Txt
City	BRICK	CityNm
State Abbreviation	NJ	StateAbbreviationCd
ZIP	08724	ZIPCd

Field	Value	IRS element (for citing)
Title	MARKETING RE	TitleTxt
Average Hrs Per Wk Devoted To Pos	40.00	AverageHrsPerWkDevotedToPosRt
Compensation	$161,846	CompensationAmt

Field	Value	IRS element (for citing)
Comp Of Hghst Pd Cntrct Or NONE	NONE	CompOfHghstPdCntrctOrNONETxt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

Field	Value	IRS element (for citing)
Description1	N/A	Description1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

Field	Value	IRS element (for citing)
Average Monthly FMV Of Sec	$3,910,107	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$409,187	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$0	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$4,319,294	TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast	$4,319,294	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$64,789	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$4,254,505	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$212,725	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Minimum Investment Return	$212,725	MinimumInvestmentReturnAmt
Tax Based On Investment Income	$43,273	TaxBasedOnInvestmentIncomeAmt
Total Tax	$43,273	TotalTaxAmt
Distributable Before Adj	$169,452	DistributableBeforeAdjAmt
Distributable Before Ded	$169,452	DistributableBeforeDedAmt
Distributable As Adjusted	$169,452	DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$4,649,556	ExpensesAndContributionsAmt
Qualifying Distributions	$4,649,556	QualifyingDistributionsAmt
Adjusted Qualifying Distri	$4,649,556	AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$169,452	DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5	$3,509,422	ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4	$2,882,232	ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3	$675,378	ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2	$4,724,457	ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1	$1,908,855	ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov	$13,700,344	TotalExcessDistributionCyovAmt
Qualifying Distributions	$4,649,556	QualifyingDistributionsAmt
Applied To Current Year	$169,452	AppliedToCurrentYearAmt
Remaining Distri From Corpus	$4,480,104	RemainingDistriFromCorpusAmt
Total Corpus	$18,180,448	TotalCorpusAmt
Undistributed Income CY	$0	UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5	$3,509,422	ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr	$14,671,026	ExcessDistriCyovToNextYrAmt
Excess From Year4	$2,882,232	ExcessFromYear4Amt
Excess From Year3	$675,378	ExcessFromYear3Amt
Excess From Year2	$4,724,457	ExcessFromYear2Amt
Excess From Year1	$1,908,855	ExcessFromYear1Amt
Excess From Current Year	$4,480,104	ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

Field	Value	IRS element (for citing)
Contributing Manager	JAY GRUNIN	ContributingManagerNm
Shareholder Manager	NONE	ShareholderManagerNm
Only Contri To Preselected	Yes (X)	OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (36 entries)

Address Line1RecipientUSAddress/AddressLine1Txt	Address Line2RecipientUSAddress/AddressLine2Txt	CityRecipientUSAddress/CityNm	State AbbreviationRecipientUSAddress/StateAbbreviationCd	ZIPRecipientUSAddress/ZIPCd	Recipient RelationshipRecipientRelationshipTxt	Recipient Foundation StatusRecipientFoundationStatusTxt	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt
ARTS AND EDUCATION CENTER
PO BOX 200	ROOM A-225	TOMS RIVER	NJ	08754	PUBLIC CHARITY	SCHOOL	GENERAL DONATION	$126,739
COUNT BASIE THEATRE
99 MONMOUTH STREET		RED BANK	NJ	07701	PUBLIC CHARITY	OPERATING	GENERAL DONATION	$265,205
NEW YORK UNIVERSITY
60 WASHINGTON SQ SOUTH		NEW YORK	NY	10012	PUBLIC CHARITY	SCHOOL	TO ESTABLISH ENTREPRENEURIAL DIV.	$2,010,000
OCEAN COUNTY COLLEGE FOUNDATION
1 COLLEGE DRIVE		TOMS RIVER	NJ	08753	PUBLIC CHARITY	SCHOOL	GENERAL DONATION	$650,000
OCEAN COUNTY YMCA
100 WEST WITTY RD		TOMS RIVER	NJ	08755	PUBLIC CHARITY	OPERATING	GENERAL DONATION	$75,000
PUBLIC MONUMENT - TOMS RIVER
TOMS RIVER TOWNSHIP		TOMS RIVER	NJ	08753	PUBLIC CHARITY	OPERATING	MONUMENT - BENEFIT OF GENERAL PUBLIC	$79,426
TOMS RIVER REGIONAL SCHOOLS
TOMS RIVER TOWNSHIP		TOMS RIVER	NJ	08753	PUBLIC CHARITY	SCHOOL	GENERAL DONATION	$4,000
UNITED WAY OF OCEAN COUNTY
650 WASHINGTON STREET		TOMS RIVER	NJ	08753	PUBLIC CHARITY	OPERATING	GENERAL DONATION	$464,617
CAREGIVER VOLUNTEERS OF CENTRAL NJ
RIVERWOOD PLAZA		TOMS RIVER	NJ	08755	PUBLIC CHARITY	OPERATING	GENERAL DONATION	$12,000
CENTER FOR NON-PROFITS
3635 QUAKERBRIDGE ROAD	STE 35	MERCERVILLE	NJ	08619	PUBLIC CHARITY	OPERATING	GENERAL DONATION	$1,400
TOMS RIVER CHAMBER OF COMMERCE
1027 HOOPER AVENUE	BUILDING 1	TOMS RIVER	NJ	08753	GOVERNMENTAL	OPERATING	GENERAL DONATION	$1,000
COLTS NECK LIONS CLUB
PO BOX 284		COLTS NECK	NJ	07722	PUBLIC CHARITY	OPERATING	GENERAL DONATION	$5,000
ALWAYS SUPPORTING OUR MILITARY
45 RAYMOND AVENUE		TOMS RIVER	NJ	08755	PUBLIC CHARITY	OPERATING	GENERAL DONATION	$1,080
COMMUNITY MEDICAL CENTER
99 HIGHWAY 37 WEST		TOMS RIVER	NJ	08755	PUBLIC CHARITY	OPERATING	GENERAL DONATION	$500
CONGREGATION B'NAI TIKVAH
100 FINNEGANS LANE		NORTH BRUNSWICK	NJ	08902	PUBLIC CHARITY	OPERATING	GENERAL DONATION	$10,000
FRACTURED ATLAS INC
248 W 35TH STREET	10TH FLOOR	NEW YORK	NY	10001	PUBLIC CHARITY	OPERATING	GENERAL DONATION	$10,000
FULLFILL NJ
3300 NJ 66		NEPTUNE CITY	NJ	07753	PUBLIC CHARITY	OPERATING	GENERAL DONATION	$265,459
HOLIDAY EXPRESS
151 INDUSTRIAL WAY EAST	BUILDING A	EATONTOWN	NJ	07724	PUBLIC CHARITY	OPERATING	GENERAL DONATION	$10,000
KIWANIS CLUB OF GREATER TOMS RIVER
PO BOX 1350		TOMS RIVER	NJ	08754	PUBLIC CHARITY	OPERATING	GENERAL DONATION	$2,000
LEUKEMIA & LYMPHOMA SOCIETY
14 COMMERCE DRIVE	STE 301	CRANFORD	NJ	07016	PUBLIC CHARITY	OPERATING	GENERAL DONATION	$3,500
MONMOUTH ARTS
105 MONMOUTH STREET		REDBANK	NJ	07701	PUBLIC CHARITY	OPERATING	GENERAL DONATION	$500
NAVAL LAKEHURST HISTORICAL SOCIETY
PO BOX 328		LAKEHURST	NJ	08733	PUBLIC CHARITY	OPERATING	GENERAL DONATION	$2,100
OCEAN MEDICAL CENTER FOUNDATION
425 JACK MARTIN BLVD		BRICK	NJ	08724	PUBLIC CHARIITY	OPERATING	GENERAL DONATION	$200,000
OCEAN COUNTY VOCATIONAL TECH SCHOOL
137 BEY LEA ROAD		TOMS RIVER	NJ	08753	PUBLIC CHARITY	OPERATING	GENERAL DONATION	$5,759
OUR GANG PLAYERS INC
76 BEACH AVENUE		MANAHAWKIN	NJ	08050	PUBLIC CHARITY	OPERATING	GENERAL DONATION	$500
TOMS RIVER PBA LOCAL 137 CIVIC ASSO
PO BOX 5011		TOMS RIVER	NJ	08754	PUBLIC CHARITY	OPERATING	VEST-A-COP 2018 FUNDRAISER	$35,371
RED BANK BOROUGH PUBLIC SCHOOLS
76 BRANCH AVENUE		RED BANK	NJ	07701	EDUCATIONAL INS	OPERATING	GENERAL DONATION	$10,000
ST ALOYSIUS CATHOLIC SCHOOL PTA
935 BENNET MILLS ROAD		JACKSON TOWNSHIP	NJ	08527	PUBLIC CHARITY	OPERATING	GENERAL DONATION	$250
SUPPORT CENTER FOR NONPROFIT MGT
32 OLD SLIP	24TH FLOOR	NEW YORK	NY	10005	PUBLIC CHARITY	OPERATING	GENERAL DONATION	$10,900
TINA'S HOUSE - CHILDREN'S ADVOCACY
7 HADLEY AVENUE		TOMS RIVER	NJ	08754	PUBLIC CHARITY	OPERATING	GENERAL DONATION	$5,000
TOMS RIVER LIONS CLUB
PO BOX 1390		TOMS RIVER	NJ	08754	PUBLIC CHARITY	OPERATING	GENERAL DONATION	$3,000
TOMS RIVER POLICE FOUNDATION
255 OAK AVENUE		TOMS RIVER	NJ	08753	PUBLIC CHARITY	OPERATING	GENERAL DONATION	$30,000
TOMS RIVER ARTIST COMMUNITY
53 MAIN STREET		TOMS RIVER	NJ	08753	PUBLIC CHARITY	OPERATING	GENERAL DONATION	$1,750
TOMS RIVER FIELD OF DREAMS
1358 HOOPER AVENUE		TOMS RIVER	NJ	08753	PUBLIC CHARITY	OPERATING	GENERAL DONATION	$25,000
VISITING NURSE ASSOC OF CENTRAL NJ
1433 HOOPER AVENUE		TOMS RIVER	NJ	08753	PUBLIC CHARITY	OPERATING	GENERAL DONATION	$250,000
YOUNG AUDIENCES OF NJ & EASTERN PA
200 FORRESTAL ROAD		PRINCETON	NJ	08540	PUBLIC CHARITY	OPERATING	GENERAL DONATION	$72,500

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$4,649,556	TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$734	ExclusionAmt

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$211,770	ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

Field	Value	IRS element (for citing)
Exclusion	18	ExclusionCd
Exclusion	$1,955,603	ExclusionAmt

Other Revenue Described OtherRevenueDescribedGrp

Field	Value	IRS element (for citing)
Desc	FEDERAL INCOME TAX REFUND	Desc
Exclusion	1	ExclusionCd
Exclusion	$25,186	ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Field	Value	IRS element (for citing)
Exclusion	$2,193,293	ExclusionAmt

Field	Value	IRS element (for citing)
Total Income Producing Acty	$2,193,293	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

Field	Value	IRS element (for citing)
Contributor	1	ContributorNum
Contributor Person	JAY GRUNIN	ContributorPersonNm

Contributor US Address ContributorUSAddress

Field	Value	IRS element (for citing)
Address Line1	9 CRANMOOR DRIVE	AddressLine1Txt
City	TOMS RIVER	CityNm
State Abbreviation	NJ	StateAbbreviationCd
ZIP	08753	ZIPCd

Field	Value	IRS element (for citing)
Total Contributions	$4,474,283	TotalContributionsAmt
Person Contribution	Yes (X)	PersonContributionInd
Noncash Contribution	Yes (X)	NoncashContributionInd

Non Cash Property Contribution NonCashPropertyContributionGrp (3 entries)

ContributorContributorNum	Noncash PropertyNoncashPropertyDesc	Fair Market ValueFairMarketValueAmt	ReceivedReceivedDt
1	4,766 SHARES OF TIME INC.	$87,933	2018-01-08
1	38,132 SHARES OF TWX	$3,766,298	2018-06-14
1	1,953 SHARES OF EXPRESS SCRIPTS	$185,613	2018-09-20

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (8 entries)

StockStockNm	EOY Book ValueEOYBookValueAmt	EOYFMVEOYFMVAmt
62,599 SH AT&T	$1,786,575	$1,786,575
2,000 SH BRISTOL MYERS SQUIBB	$103,960	$103,960
1,000 SH KIMBERLY CLARK	$113,940	$113,940
5,499 SH KRAFT HEINZ COMPANY	$236,677	$236,677
2,000 SH MERCK AND COMPANY	$152,820	$152,820
2,000 SH VERIZON COMMUNICATIONS	$112,440	$112,440
54,795 SH AT&T	$1,563,849	$1,563,849
475 SH CIGNA CORP	$90,213	$90,213

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail

Field	Value	IRS element (for citing)
Desc	DECREASE IN FMV OF SECURITIES	Desc
Amt	$456,041	Amt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (8 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt	Net Investment IncomeNetInvestmentIncomeAmt
EXPENSES
PROMOTION	$407,691	$4,077
INSURANCE EXPENSE	$3,000	$30
NJ REGISTRATION FEES	$30
OFFICE EXPENSE	$217	$2
PAYROLL PROCESSING FEES	$283
PENALTIES	$634
BANK CHARGES	$252	$3

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail

Field	Value	IRS element (for citing)
Desc	FEDERAL INCOME TAX REFUND	Desc
Revenue And Expenses Per Books	$25,186	RevenueAndExpensesPerBooksAmt

Other Liabilities Schedule OtherLiabilitiesSchedule

Other Liabilities Detail OtherLiabilitiesDetail

Field	Value	IRS element (for citing)
Desc	PAYROLL TAXES PAYABLE	Desc
BOY Book Value	$1,148	BOYBookValueAmt

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

Field	Value	IRS element (for citing)
Category	PROFESSIONAL FEES	CategoryTxt
Amt	$14,521	Amt
Net Investment Income	$145	NetInvestmentIncomeAmt

JAY AND LINDA GRUNIN FOUNDATION INC: Form 990PF, tax year 2018

Return header ReturnHeader

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

Preparer US Address PreparerUSAddress

Filer Filer

Business Name BusinessName

US Address USAddress

Business Officer BusinessOfficerGrp

Preparer Person PreparerPersonGrp

Filing Security Information FilingSecurityInformation

IP Address IPAddress

Form 990-PF IRS990PF

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (7 entries)

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Statements Regarding Acty StatementsRegardingActyGrp

Location Of Books US Address LocationOfBooksUSAddress

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (2 entries)

Compensation Highest Paid Empl CompensationHighestPaidEmplGrp

US Address USAddress

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

Minimum Investment Return MinimumInvestmentReturnGrp

Distributable Amount DistributableAmountGrp

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

Undistributed Income UndistributedIncomeGrp

Supplementary Information SupplementaryInformationGrp

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (36 entries)

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

Other Revenue Described OtherRevenueDescribedGrp

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

Contributor US Address ContributorUSAddress

Non Cash Property Contribution NonCashPropertyContributionGrp (3 entries)

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (8 entries)

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (8 entries)

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail

Other Liabilities Schedule OtherLiabilitiesSchedule

Other Liabilities Detail OtherLiabilitiesDetail

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

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