GULATI FAMILY FOUNDATION: Form 990PF, tax year 2018
View the entire original 990 at ProPublica ↗
- Organization
- GULATI FAMILY FOUNDATION (EIN 75-6669847)
- Tax period
- 2018-01-01 to 2018-12-31
- Filed
- 2019-05-07
- IRS object ID
- 201921279349100742
- 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
- Accounting Fees Schedule
- Depreciation Schedule
- Investments Corp Stock Schedule
- Other Expenses Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2019-05-07T13:56:17-05:00 | ReturnTs |
| Tax Period End | 2018-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Foundation Source | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | One Hollow Ln Ste 212 | AddressLine1Txt |
| City | Lake Success | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 11042 | 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 | 756669847 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Gulati Family Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % The Gulati Family Foundation | InCareOfNm |
| Business Name Control | GULA | BusinessNameControlTxt |
| Phone | 6107101585 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 144 Stokesay Castle Lane | AddressLine1Txt |
| City | Reading | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 19606 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ROSEMARY GULATI | PersonNm |
| Person Title | President | PersonTitleTxt |
| Phone | 6107101585 | PhoneNum |
| Signature | 2019-04-16 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Jeffrey D Haskell | PreparerPersonNm |
| PTIN | P01345770 | PTIN |
| Phone | 8008391754 | PhoneNum |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 24.187.244.114 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Federal Original Submission Id | 06391520191275000057 | FederalOriginalSubmissionId |
| Federal Original Submission Id | 2019-05-07 | FederalOriginalSubmissionIdDt |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | 0B775BB9C0E0C9DA339247063A24C50179569C8E | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 78D185D94E59032E4B5D677F857013E059842DEA | 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 | $2,829,532 | 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 | $1,410 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $1,410 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $59,850 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $59,850 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $126,599 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $233,106 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $126,599 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $187,859 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $187,859 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Accounting Fees Rev And Expnss | $1,075 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $1,075 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $5,877 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $5,877 | OtherProfFeesNetInvstIncmAmt |
| Taxes Rev And Expnss | $3,238 | TaxesRevAndExpnssAmt |
| Other Expenses Rev And Expnss | $9,870 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Dsbrs Chrtbl | $9,870 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $20,060 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $5,877 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $10,945 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $148,790 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $148,790 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $168,850 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $5,877 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $159,735 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $19,009 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $181,982 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $108,534 | CashBOYAmt |
| Sav And Temp Cash Invst EOY | $147,934 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $147,934 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $1,990,112 | CorporateStockBOYAmt |
| Corporate Stock EOY | $1,969,721 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $2,681,598 | CorporateStockEOYFMVAmt |
| Total Assets BOY | $2,098,646 | TotalAssetsBOYAmt |
| Total Assets EOY | $2,117,655 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $2,829,532 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Unrestricted BOY | $2,098,646 | UnrestrictedBOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Retained Earning EOY | $2,117,655 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $2,098,646 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $2,117,655 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $2,098,646 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $2,117,655 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $2,098,646 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $19,009 | ExcessRevenueOverExpensesAmt |
| Subtotal | $2,117,655 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $2,117,655 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | Publicly-traded Securities | PropertyDesc |
| Gross Sales Price | $233,106 | GrossSalesPriceAmt |
| Cost Or Other Basis | $106,507 | CostOrOtherBasisAmt |
| Gain Or Loss | $126,599 | GainOrLossAmt |
| Gains Minus Excess Or Losses | $126,599 | GainsMinusExcessOrLossesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $126,599 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $162,900 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $2,790,784 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.058371 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $107,725 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $2,576,269 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.041814 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $277,965 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $2,709,336 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.102595 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $288,324 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $2,793,012 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.10323 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $220,686 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $2,792,183 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.079037 | DistributionYr5Rt |
| Total Distribution | 0.385047 | TotalDistributionRt |
| Average Distribution | 0.077009 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $3,074,897 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $236,795 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $1,820 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $238,615 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $159,735 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $3,640 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $3,640 | SubtotalAmt |
| Tax Based On Investment Income | $3,640 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $2,640 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $2,640 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Tax Due | $1,000 | 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 | PA | 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 |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Gulati Family Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 6107101585 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 144 Stokesay Castle Lane | AddressLine1Txt |
| City | Reading | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 19606 | 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 (7 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 J Gulati | ||||||||
| 144 Stokesay Castle Lane | Reading | PA | 19606 | Trustee | 1.0 | $0 | $0 | $0 |
| Jack D Gulati | ||||||||
| 144 Stokesay Castle Lane | Reading | PA | 19606 | Trustee | 1.0 | $0 | $0 | $0 |
| Jennifer Gulati | ||||||||
| 144 Stokesay Castle Lane | Reading | PA | 19606 | Trustee, sec | 1.0 | $0 | $0 | $0 |
| Loretta Gulati | ||||||||
| 144 Stokesay Castle Lane | Reading | PA | 19606 | Trustee | 1.0 | $0 | $0 | $0 |
| Michael E Gulati | ||||||||
| 144 Stokesay Castle Lane | Reading | PA | 19606 | Trustee | 1.0 | $0 | $0 | $0 |
| Rosemary m Gulati | ||||||||
| 144 Stokesay Castle Lane | Reading | PA | 19606 | Trustee, Pres | 1.0 | $0 | $0 | $0 |
| J David Gulati II | ||||||||
| 144 Stokesay Castle Lane | Reading | PA | 19606 | Trustee, treas | 1.0 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Summary Of Direct Chrtbl Acty | SummaryOfDirectChrtblActyGrp | |
| Sum Of Program Related Invst | SumOfProgramRelatedInvstGrp |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $2,951,989 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $169,734 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $3,121,723 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $3,121,723 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $46,826 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $3,074,897 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $153,745 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $153,745 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $3,640 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $3,640 | TotalTaxAmt |
| Distributable Before Adj | $150,105 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $150,105 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $150,105 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $159,735 | 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 | $159,735 | QualifyingDistributionsAmt |
| Adjusted Qualifying Distri | $159,735 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $150,105 | DistributableAsAdjustedAmt |
| Prior Year1 | 2016 | PriorYear1Yr |
| Prior Year2 | 2015 | PriorYear2Yr |
| Prior Year3 | 2014 | PriorYear3Yr |
| Excess Distribution Cyov Yr5 | $82,239 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $156,559 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $147,702 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr1 | $25,999 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $412,499 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $159,735 | QualifyingDistributionsAmt |
| Applied To Current Year | $150,105 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $9,630 | RemainingDistriFromCorpusAmt |
| Total Corpus | $422,129 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov From Yr5 | $82,239 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $339,890 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $156,559 | ExcessFromYear4Amt |
| Excess From Year3 | $147,702 | ExcessFromYear3Amt |
| Excess From Year1 | $25,999 | ExcessFromYear1Amt |
| Excess From Current Year | $9,630 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | ROSEMARY M GULATI | ContributingManagerNm |
| Contributing Manager | JACK D GULATI | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (35 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| BERKS COUNTY COMMUNITY FOUNDATION INC | |||||||
| 237 COURT ST | READING | PA | 19601 | N/A | PC | Charitable Event | $1,500 |
| BISHOPS ANNUAL APPEAL CHARITABLE TRUST | |||||||
| 1515 MARTIN LUTHER KING JR DR | ALLENTOWN | PA | 18102 | N/A | PC | General & Unrestricted | $5,000 |
| BOYERTOWN SOCCER CLUB | |||||||
| PO BOX 325 | GILBERTSVILLE | PA | 19525 | N/A | PC | General & Unrestricted | $10,000 |
| BOYERTOWN SOCCER CLUB | |||||||
| PO BOX 325 | GILBERTSVILLE | PA | 19525 | N/A | PC | pledge for the TK Memorial Field | $10,000 |
| CHAINBREAKER | |||||||
| 2334 UNIVERSITY AVE W STE 150 | ST PAUL | MN | 55114 | N/A | PC | cancer research | $250 |
| CHESTNUT HILL COLLEGE OF THE SISTERS OF ST JOSEPH | |||||||
| 9601 GERMANTOWN AVE | PHILADELPHIA | PA | 19118 | N/A | PC | in support of the Scholarship Gala that raises money for scholarships for incoming students | $1,000 |
| CHESTNUT HILL COLLEGE OF THE SISTERS OF ST JOSEPH | |||||||
| 9601 GERMANTOWN AVE | PHILADELPHIA | PA | 19118 | N/A | PC | Charitable Event | $2,000 |
| CHESTNUT HILL COLLEGE OF THE SISTERS OF ST JOSEPH | |||||||
| 9601 GERMANTOWN AVE | PHILADELPHIA | PA | 19118 | N/A | PC | Griffin Fund | $2,500 |
| CLARE OF ASSISI HOUSE INC | |||||||
| 325 S 12TH ST | READING | PA | 19602 | N/A | PC | support fundraising efforts to purchase the building that houses Clare of Assisi House | $10,000 |
| COLEBROOKDALE RAILROAD PRESERVATION TRUST | |||||||
| PO BOX 492 | BOYERTOWN | PA | 19512 | N/A | PC | Challenge Grant | $25,000 |
| FOUNDATION FOR READING AREA COMMUNITY COLLEGE | |||||||
| PO BOX 1706 | READING | PA | 19603 | N/A | PC | Science Campaign | $5,000 |
| GUADALUPE CENTER INC | |||||||
| 509 HOPE CIR | IMMOKALEE | FL | 34142 | N/A | PC | Charitable Event | $1,000 |
| HABITAT FOR HUMANITY OF LEE & HENDRY COUNTIES INC | |||||||
| 1288 N TAMIAMI TRL | FORT MYERS | FL | 33903 | N/A | PC | General & Unrestricted | $400 |
| HOPE HOSPICE AND COMMUNITY SERVICES INC | |||||||
| 9470 HEALTHPARK CIR | FORT MYERS | FL | 33908 | N/A | PC | The Golden Age of Hollywood event | $500 |
| HOPE RESCUE MISSION OF THE CITY OF READING PA | |||||||
| 645 N 6TH ST | READING | PA | 19601 | N/A | PC | to pay for two weeks care for one resident | $240 |
| HOPE RESCUE MISSION OF THE CITY OF READING PA | |||||||
| 645 N 6TH ST | READING | PA | 19601 | N/A | PC | Charitable Event | $500 |
| JACOB KARNCHANAPHATI MEMORIAL TR | |||||||
| 2045 CANYON CREEK RD | GILBERTSVILLE | PA | 19525 | N/A | PC | Gold Sponsor of JK 5K | $500 |
| JDRF INTERNATIONAL | |||||||
| 555 CROTON RD STE 111 | KING OF PRUSSIA | PA | 19406 | N/A | PC | Charitable Event | $500 |
| MOMS HOUSE INC OF GREATER PHILADELPHIA | |||||||
| 145 S MAIN ST | PHOENIXVILLE | PA | 19460 | N/A | PC | General & Unrestricted | $500 |
| MORAVIAN ACADEMY | |||||||
| 7 E MARKET ST 2ND FL | BETHLEHEM | PA | 18018 | N/A | PC | Annual Fund | $10,000 |
| MORAVIAN ACADEMY | |||||||
| 7 E MARKET ST 2ND FL | BETHLEHEM | PA | 18018 | N/A | PC | Charitable Event | $1,000 |
| PENN STATE ALUMNI ASSOCIATION | |||||||
| 209S BUSINESS BLDG | UNIVERSITY PK | PA | 16802 | N/A | PC | The Gulati Family Foundation Trust Scholarship fund at Smeal School of Business | $10,000 |
| PHILADELPHIA FREEDOM VALLEY YOUNG MENS CHRISTIAN A | |||||||
| 301 W SPRING ST | BOYERTOWN | PA | 19512 | N/A | PC | General & Unrestricted | $500 |
| PHILADELPHIA FREEDOM VALLEY YOUNG MENS CHRISTIAN A | |||||||
| 301 W SPRING ST | BOYERTOWN | PA | 19512 | N/A | PC | Charitable Event | $650 |
| RESOURCES FOR HUMAN DEVELOPMENT INC | |||||||
| 4700 WISSAHICKON AVE STE 126 | PHILADELPHIA | PA | 19144 | N/A | PC | JUST Listening program | $1,000 |
| ROYALS CHARITIES | |||||||
| 700 PENN ST | READING | PA | 19602 | N/A | PC | Charitable Event | $1,250 |
| SENIOR ADULT ACTIVITY CENTER OF THE PHOENIXVILLE A | |||||||
| 153 CHURCH ST | PHOENIXVILLE | PA | 19460 | N/A | PC | General & Unrestricted | $1,000 |
| SPRING-FORD SENIOR HIGH SCHOOL | |||||||
| 350 S LEWIS RD | ROYERSFORD | PA | 19468 | N/A | GOV | scholarship fund | $3,000 |
| THE CHILDRENS HOSPITAL OF PHILADELPHIA FOUNDATION | |||||||
| PO BOX 781352 | PHILADELPHIA | PA | 19178 | N/A | PC | the Eli and Ella's Prayer Warriors program | $500 |
| THE HILL SCHOOL | |||||||
| 860 BEECH ST | POTTSTOWN | PA | 19464 | N/A | PC | 2018 Annual Fund | $10,000 |
| THE SALVATION ARMY | |||||||
| 301 S 5TH ST | READING | PA | 19603 | N/A | PC | Charitable Event | $5,000 |
| UNITED STATES CATHOLIC CONFERENCE - JOHN PAUL II C | |||||||
| 1092 WELSH RD | SHILLINGTON | PA | 19607 | N/A | PC | Charitable Event | $1,000 |
| UNITED STATES CATHOLIC CONFERENCE - ST CATHARINE O | |||||||
| 2427 PERKIOMEN AVE | READING | PA | 19606 | N/A | PC | General & Unrestricted | $1,000 |
| UNIVERSITY OF MINNESOTA FOUNDATION | |||||||
| 200 OAK ST SE STE 500 | MINNEAPOLIS | MN | 55455 | N/A | PC | The Jack and Rosemary Gulati Students in Business fund initiative | $25,000 |
| YMCA OF READING & BERKS CO | |||||||
| 631 WASHINGTON ST | READING | PA | 19601 | N/A | PC | Charitable Event | $1,500 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $148,790 | 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 | $1,410 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $59,850 | 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 | $126,599 | 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 | $187,859 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $187,859 | 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 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Tax Return Preparation/Review | CategoryTxt |
| Amt | $1,075 | Amt |
| Disbursements Charitable Prps | $1,075 | DisbursementsCharitablePrpsAmt |
Depreciation Schedule DepreciationSchedule
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (10 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| VANGUARD CAPITAL OPPORTUNITY A | $160,309 | $276,859 |
| VANGUARD EUROPEAN STOCK INDEX | $170,399 | $156,148 |
| VANGUARD EXTENDED MARKET INDEX | $64,864 | $78,802 |
| VANGUARD INDEX TR VANGUARD TOT | $426,173 | $886,995 |
| VANGUARD INTERMEDIATE TERM INV | $505,198 | $479,222 |
| VANGUARD INTERNATIONAL EXPLORE | $37,245 | $37,666 |
| VANGUARD PRIMECAP FD ADMIRAL | $183,363 | $310,710 |
| VANGUARD SELECTED VALUE INV | $24,652 | $28,180 |
| VANGUARD TOTAL INT ST IDX-AD | $106,513 | $122,537 |
| VANGUARD WINDSOR II FD ADMIRAL | $291,005 | $304,479 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|
| Administrative Fees | $9,847 | $9,847 |
| Postage/Delivery Service | $23 | $23 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Investment Management Services | CategoryTxt |
| Amt | $5,877 | Amt |
| Net Investment Income | $5,877 | NetInvestmentIncomeAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt |
|---|---|
| 990-PF Estimated Tax for 2018 | $2,640 |
| 990-PF Excise Tax for 2017 | $598 |
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