ROBERT J NOLAN FOUNDATION INC: Form 990PF, tax year 2017
View the entire original 990 at ProPublica ↗
- Organization
- ROBERT J NOLAN FOUNDATION INC (EIN 22-2826285)
- Tax period
- 2017-10-01 to 2018-09-30
- Filed
- 2019-01-03
- IRS object ID
- 201930089349100003
- Schema version
- 2017v2.3
- 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
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Other Expenses Schedule
- Other Liabilities Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2019-01-03T11:56:24-05:00 | ReturnTs |
| Tax Period End | 2018-09-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 141515307 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SEFCO CPA'S LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 16 PINE ST | AddressLine1Txt |
| City | GLENS FALLS | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 128013444 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2017-10-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 222826285 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ROBERT J NOLAN FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | ROBE | BusinessNameControlTxt |
| Phone | 5187924900 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 82 GLENWOOD AVENUE | AddressLine1Txt |
| City | QUEENSBURY | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 12804 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MICHAEL BORGOS | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 5187924900 | PhoneNum |
| Signature | 2018-12-06 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | BRIAN S FLINT CPA | PreparerPersonNm |
| PTIN | P01070105 | PTIN |
| Phone | 5187937783 | PhoneNum |
| Preparation | 2019-01-03 | PreparationDt |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 172.100.248.94 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2019-01-03 | IPDt |
| IP Tm | 10:56:24 | IPTm |
| IP Timezone | CS | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | D07494981A206917BFBB43986C62A3821DF8F0BC | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 68C7D4EC83A842792123D0C36D5EBF988CEBFED0 | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2017 | 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 | $1,052,117 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $5,738 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $5,738 | InterestOnSavNetInvstIncmAmt |
| Interest On Savings Adj Net Incm | $5,738 | InterestOnSavingsAdjNetIncmAmt |
| Dividends Rev And Expnss | $18,136 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $18,136 | DividendsNetInvstIncmAmt |
| Dividends Adj Net Incm | $18,136 | DividendsAdjNetIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $120,908 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $382,295 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $120,908 | CapGainNetIncmNetInvstIncmAmt |
| Net ST Capital Gain Adj Net Incm | $83 | NetSTCapitalGainAdjNetIncmAmt |
| Total Rev And Expnss | $144,782 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $144,782 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $23,957 | TotalAdjNetIncmAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $3,500 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $3,500 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $1,225 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Chrtbl Prps | $1,225 | AccountingFeesChrtblPrpsAmt |
| Taxes Rev And Expnss | $508 | TaxesRevAndExpnssAmt |
| Taxes Dsbrs Chrtbl | $508 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $8,118 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $6,874 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $1,244 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $13,351 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $6,874 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $6,477 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $27,500 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $27,500 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $40,851 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $6,874 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $33,977 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $103,931 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $137,908 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $23,957 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $315 | CashBOYAmt |
| Cash EOY | $161 | CashEOYAmt |
| Cash EOYFMV | $161 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $12,548 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $19,034 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $19,034 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $456,623 | CorporateStockBOYAmt |
| Corporate Stock EOY | $530,676 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $738,263 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $281,678 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $305,304 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $294,659 | CorporateBondsEOYFMVAmt |
| Total Assets BOY | $751,164 | TotalAssetsBOYAmt |
| Total Assets EOY | $855,175 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $1,052,117 | TotalAssetsEOYFMVAmt |
| Other Liabilities BOY | $121 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $201 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $121 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $201 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Retained Earning BOY | $751,043 | RetainedEarningBOYAmt |
| Retained Earning EOY | $854,974 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $751,043 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $854,974 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $751,164 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $855,175 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $751,043 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $103,931 | ExcessRevenueOverExpensesAmt |
| Subtotal | $854,974 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $854,974 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (39 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|
| AMERICAN EXPRESS | P | 2018-02-26 | $8,769 | $2,602 | $6,167 | $6,167 |
| INTL BUSINESS MACHINE | P | 2018-02-26 | $5,406 | $5,807 | -$401 | -$401 |
| VANGUARD MID-CAP INDEX | P | 2018-02-26 | $6,735 | $5,568 | $1,167 | $1,167 |
| THE BLACK STONE GROUP | P | 2018-02-26 | $7,648 | $7,303 | $345 | $345 |
| INTERNATIONAL PAPER | P | 2018-02-26 | $9,402 | $7,349 | $2,053 | $2,053 |
| VANGUARD SMALL CAP INDEX | P | 2018-02-26 | $1,849 | $1,550 | $299 | $299 |
| BOEING | P | 2018-02-26 | $3,555 | $1,444 | $2,111 | $2,111 |
| JP,ORGAN CHASE | P | 2018-02-26 | $15,025 | $5,144 | $9,881 | $9,881 |
| VERIZON | P | 2018-02-26 | $6,797 | $4,437 | $2,360 | $2,360 |
| CAPITAL ONE FINANCIAL GROUP | P | 2018-02-26 | $8,315 | $4,147 | $4,168 | $4,168 |
| JOHNSON & JOHNSON | P | 2018-02-26 | $6,523 | $2,531 | $3,992 | $3,992 |
| FEDERATED TOTAL RETURN BOND | P | 2018-06-29 | $2,521 | $2,545 | -$24 | -$24 |
| CELGENE CORP | P | 2018-02-26 | $6,621 | $2,347 | $4,274 | $4,274 |
| MCDONALD CORP | P | 2018-02-26 | $7,993 | $4,836 | $3,157 | $3,157 |
| CLEARBRIDGE SMALL CAP FUND | P | 2018-05-02 | $20,258 | $20,339 | -$81 | -$81 |
| CHEVRON CORP | P | 2018-02-26 | $5,476 | $3,942 | $1,534 | $1,534 |
| MERCK | P | 2018-02-26 | $5,457 | $3,625 | $1,832 | $1,832 |
| WESTERN ASSET CORE PLUS | P | 2018-06-29 | $2,496 | $2,545 | -$49 | -$49 |
| CISCO SYSTEM | P | 2018-02-26 | $17,372 | $8,427 | $8,945 | $8,945 |
| MOCROSOFT | P | 2018-02-26 | $18,460 | $4,752 | $13,708 | $13,708 |
| JOHN HANCOCK DISCIPLINED VAL | P | 2018-08-03 | $15,377 | $15,254 | $123 | $123 |
| COCA COLA | P | 2018-02-26 | $4,345 | $3,848 | $497 | $497 |
| NEXTERA ENERGY | P | 2018-02-26 | $21,358 | $8,567 | $12,791 | $12,791 |
| GENERAL ELECTRIC C | P | 2017-12-15 | $5,332 | $8,262 | -$2,930 | -$2,930 |
| CONOCOPLILLIPS | P | 2018-02-26 | $8,680 | $8,800 | -$120 | -$120 |
| PIMCO SHORT TERM FUND -INSTL | P | 2018-02-26 | $27,984 | $27,870 | $114 | $114 |
| PIMCO SHORT TERM FUND-INSL | P | 2018-09-17 | $10,000 | $9,949 | $51 | $51 |
| DISNEY | P | 2018-02-26 | $4,753 | $1,285 | $3,468 | $3,468 |
| QUALCOMM | P | 2018-02-26 | $7,269 | $6,003 | $1,266 | $1,266 |
| EXXON | P | 2018-02-26 | $3,768 | $2,595 | $1,173 | $1,173 |
| TARGET | P | 2018-02-26 | $7,438 | $8,050 | -$612 | -$612 |
| FORD MOTOR | P | 2018-02-26 | $7,019 | $10,141 | -$3,122 | -$3,122 |
| 3M CO | P | 2018-02-26 | $17,575 | $5,444 | $12,131 | $12,131 |
| GENERAL MOTOR | P | 2018-02-26 | $4,065 | $3,602 | $463 | $463 |
| UNION PACIFIC | P | 2018-02-26 | $9,332 | $3,627 | $5,705 | $5,705 |
| GILEAD SCIENCE | P | 2018-02-26 | $10,845 | $2,836 | $8,009 | $8,009 |
| UNITED TECH | P | 2018-02-26 | $8,616 | $7,524 | $1,092 | $1,092 |
| HOME DEPOT | P | 2018-02-26 | $12,864 | $1,676 | $11,188 | $11,188 |
| VANGUARD MDCI EMERGING | P | 2018-02-26 | $28,860 | $24,814 | $4,046 | $4,046 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $120,908 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | $83 | NetShortTermCapitalGainLossAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $36,237 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $954,294 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.037973 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $53,256 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $898,982 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.059240 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $35,226 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $936,834 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.037601 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $48,198 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $941,860 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.051173 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $44,068 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $853,700 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.051620 | DistributionYr5Rt |
| Total Distribution | 0.237607 | TotalDistributionRt |
| Average Distribution | 0.047521 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $1,004,580 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $47,739 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $1,379 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $49,118 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $33,977 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $2,758 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $2,758 | SubtotalAmt |
| Tax Based On Investment Income | $2,758 | TaxBasedOnInvestmentIncomeAmt |
| Tax Due | $2,758 | 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 | NY | 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 | RJNOLANFOUNDATION.ORG | WebsiteAddressTxt |
| Individual With Books | MICHAEL BORGOS | IndividualWithBooksNm |
| Phone | 5187934900 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 82 GLENWOOD AVENUE | AddressLine1Txt |
| City | QUEENSBURY | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 12804 | 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 |
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 |
|---|---|---|---|---|---|---|---|---|
| MICHAEL BORGOS | ||||||||
| 82 GLENWOOD AVE | QUEENSBURY | NY | 12804 | PRESIDENT | 000.00 | $0 | $0 | $0 |
| KEVIN MAHONEY | ||||||||
| 15 COOPER STREET | GLENS FALLS | NY | 12801 | SECRETARY | 000.00 | $0 | $0 | $0 |
| DAVE MORNHINWEG | ||||||||
| 1011 OAKLAKE TRAIL | WATKINSVILLE | GA | 30677 | VICE PRESIDE | 000.00 | $0 | $0 | $0 |
| SUZANNE NOLAN | ||||||||
| 1016 OLIVIA PARKWAY | HENDERSON | NV | 89011 | DIRECTOR | 000.00 | $0 | $0 | $0 |
| JOHN C MANNIX JR | ||||||||
| 198 CHURCH STREET | SARATOGA SPRINGS | NY | 12866 | TREASURER | 000.00 | $0 | $0 | $0 |
| RICHARD MEATH | ||||||||
| 2 APPLE LANE | QUEENSBURY | NY | 12804 | DIRECTOR | 000.00 | $0 | $0 | $0 |
| LISA BUSHMAN | ||||||||
| 82 GLENWOOD AVENUE | QUEENSBURY | NY | 12804 | ADMINIST. SE | 000.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| 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 | $1,001,851 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $18,027 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $1,019,878 | TotalFMVOfUnusedAssetsAmt |
| Adjusted Total FMV Of Unused Ast | $1,019,878 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $15,298 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $1,004,580 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $50,229 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $50,229 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $2,758 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $2,758 | TotalTaxAmt |
| Distributable Before Adj | $47,471 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $47,471 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $47,471 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $33,977 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $33,977 | QualifyingDistributionsAmt |
| Adjusted Qualifying Distri | $33,977 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $47,471 | DistributableAsAdjustedAmt |
| Excess Distribution Cyov Yr4 | $1,607 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr2 | $8,707 | ExcessDistributionCyovYr2Amt |
| Total Excess Distribution Cyov | $10,314 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $33,977 | QualifyingDistributionsAmt |
| Applied To Current Year | $33,977 | AppliedToCurrentYearAmt |
| Excess Distri Cyov App CY Corpus | $10,314 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $10,314 | ExcessDistributionCyovAppCYAmt |
| Undistributed Income CY | $3,180 | UndistributedIncomeCYAmt |
Supplementary Information SupplementaryInformationGrp
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | THE ROBERT J NOLAN FOUNDATION INC | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | MICHAEL BORGOS 82 GLENWOOD AVENUE | AddressLine1Txt |
| City | QUEENSBURY | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 12804 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 5187924900 | RecipientPhoneNum |
| Form And Info And Materials | EACH STUDENT WILL SUBMIT AN APPLICATION FOR CONSIDERATION. THE APPLICATION REQUESTS INFORMATION ON THE FOLLOWING AREAS: 1.EDUCATIONAL ACHIEVEMENT; 2. PARTICIPATION IN HIGH SCHOOL VARSITY ATHLETIC TEAMS; 3. EXTRACURRICULAR SCHOOL-RELATED ACTIVITIES; 4. CIVIC ACTIVITIES; 5. RELIGIOUS ORGANIZATION PARTICIPATION AND 6. FINANCIAL NEED. THE DIRECTORS WOULD USE THE INFORMATION FROM THE APPLICATION TO SELECT RECIPIENTS. | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | ALL APPLICATIONS ARE DUE BY MAY 15, 2018. THE FOUNDATION WILL PUBLICIZE THE EXISTENCE OF THE SCHOLAR | SubmissionDeadlinesTxt |
| Restrictions On Awards | THE ROBERT J NOLAN FOUNDATION, INC. WILL AWARD SCHOLARSHIPS TO INDIVIDUALS ATTENDING SECONDARY SCHOOLS WHO ARE FROM THE GREATER GLENS FALLS AREA. SCHOLARSHIPS ARE AWARDED TO THE WELL-BALANCED STUDENT WITH A SPECIAL EMPHASIS ON PARTICIPATION IN VARSITY ATHLETIC TEAMS AND THE EXPRESSED INTENTION OF PARTICIPATION IN ORGANIZED ATHLETIC TEAMS AND ENDEAVORS AT THE UNDERGRADUATE AND/OR GRADUATE LEVEL. | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (8 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| ZACHARY PREUSS | ||||||
| 42 SUNSET TRAIL | LAKE GEORGE | NY | 12845 | NONE | SCHOLARSHIP | $2,500 |
| KRYSTYNA FARRELL | ||||||
| 13 FRANKLIN STREET | GLENS FALLS | NY | 12801 | NONE | SCHOLARSHIP | $2,500 |
| SARA BILLINGS | ||||||
| 118 STORMY LANE | GANSEVOORT | NY | 12831 | NONE | SCHOLARSHIP | $5,000 |
| HAYLEY BREEYEAR | ||||||
| 45 SEMINARY STREET | FORT EDWARD | NY | 12828 | NONE | SCHOLARSHIP | $2,500 |
| STEPHEN ACKERMAN | ||||||
| 33 BARBARA MAC D DR | CORINTH | NY | 12822 | NONE | SCHOLARSHIP | $2,500 |
| AARON MESSINA | ||||||
| 37 EDGEWOOD DR | QUEENSBURRY | NY | 12804 | NONE | SCHOLARSHIP | $2,500 |
| MIA COTE | ||||||
| 1 FAXON ST | GLENS FALLS | NY | 12801 | NONE | SCHOLARSHIP | $2,500 |
| HANNAH MAGER | ||||||
| 34 COLLETTE LANE | HUDSON FALLS | NY | 12839 | NONE | SCHOLARSHIP | $7,500 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $27,500 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $5,738 | RelatedOrExemptFunctionIncmAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $18,136 | RelatedOrExemptFunctionIncmAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $120,908 | RelatedOrExemptFunctionIncmAmt |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | FEDERAL 990-PF REFUND | Desc |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $144,782 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $144,782 | TotalIncomeProducingActyAmt |
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp (3 entries)
| Line NumberLineNumberTxt | Relationship StatementRelationshipStatementTxt |
|---|---|
| 3 | THE ROBERT J. NOLAN FOUNDATION, INC. WAS FORMED ON |
| 4 | DECEMBER 18, 1986 FOR THE PURPOSE OF DISBURSING |
| 8 | EDUCATIONAL ASSISTANCE TO GRADUATE AND UNDERGRADUATE STUDENTS FROM THE GREATER GLENS FALLS AREA. THE RECIPIENTS MUST BE QUALIFIED IN THE FOLLOWING AREAS: EDUCATIONAL ACHIEVEMENT; PARTICIPATION IN HIGH SCHOOL VARSITY TEAMS; EXTRA-CURRICULAR SCHOOL-RELATED ACTIVITIES; RELIGIOUS ORGANIZATION PARTICIPATION AND FINANCIAL NEED. ROBERT J. NOLAN MADE A GIFT OF STOCK IN A NEW YORK CORPORATION, COLONIAL CABLEVISION, INC., WHICH STOCK WAS VALUED AT AND WAS SOLD FOR 1,000,000.00. NO OTHER FINANCIAL SUPPORT FOR THE FOUNDATION EXISTS. |
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 | FEES PAID FOR PREPARATION OF 990 | CategoryTxt |
| Amt | $1,225 | Amt |
| Disbursements Charitable Prps | $1,225 | DisbursementsCharitablePrpsAmt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY Book Value | $305,304 | EOYBookValueAmt |
| EOYFMV | $294,659 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (2 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| SCHEDULE ATTACHED | $295,025 | $486,732 |
| SCHEDULE ATTACHED | $235,651 | $251,531 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (5 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| EXPENSES | |||
| BANK INVESTMENT FEES | $6,874 | $6,874 | |
| FILING FEES | $100 | $100 | |
| INSURANCE | $808 | $808 | |
| OFFICE EXPENSE | $336 | $336 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PAYROLL LIABILITIES | Desc |
| BOY Book Value | $121 | BOYBookValueAmt |
| EOY Book Value | $201 | EOYBookValueAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|
| FORM 990-PF | $164 | $164 |
| PAYROLL TAXES | $344 | $344 |
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