SUMMERSAULT FOUNDATION: Form 990PF, tax year 2018
View the entire original 990 at ProPublica ↗
- Organization
- SUMMERSAULT FOUNDATION (EIN 20-8989115)
- Tax period
- 2018-01-01 to 2018-12-31
- Filed
- 2019-05-13
- IRS object ID
- 201931339349103628
- 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
- Investments Corp Stock Schedule
- Other Decreases Schedule
- Other Expenses Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2019-05-13T10:55:38-05:00 | ReturnTs |
| Tax Period End | 2018-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 133217649 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RAINES & FISCHER LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 555 FIFTH AVENUE 9TH FLOOR | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10017 | 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 | 208989115 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE SUMMERSAULT FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | SUMM | BusinessNameControlTxt |
| Phone | 7329334767 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 75 WEST FRONT ST NO 4 | AddressLine1Txt |
| City | RED BANK | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07701 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MICHEL MARKS | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 7329334767 | PhoneNum |
| Signature | 2019-05-13 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | ALAN P RAINES | PreparerPersonNm |
| PTIN | P00536058 | PTIN |
| Phone | 2129539200 | PhoneNum |
| Preparation | 2019-04-26 | PreparationDt |
| Self Employed | Yes (X) | SelfEmployedInd |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 38.122.15.154 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2019-05-13 | IPDt |
| IP Tm | 11:55:31 | IPTm |
| IP Timezone | ED | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | A512720B79C074EBF6E1EE9C35F3335E70337AB0 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | BE1AAAE22B5DA4E7C8DA5A26280B9E948BA8DB5B | 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 | $336,921 | 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 | $102 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $102 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $422 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $422 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | -$9,686 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $98,415 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $0 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | -$9,162 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $524 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $1,800 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $1,800 | AccountingFeesChrtblPrpsAmt |
| Other Expenses Rev And Expnss | $220 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $0 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $220 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $2,020 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $0 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $2,020 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $54,690 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $54,690 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $56,710 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $0 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $56,710 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$65,872 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $524 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $82,501 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $25,553 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $25,553 | SavAndTempCashInvstEOYFMVAmt |
| Other Nts And Loans Rcvbl BOY | $15,000 | OtherNtsAndLoansRcvblBOYAmt |
| Other Nts And Loans Rcvbl EOY | $0 | OtherNtsAndLoansRcvblEOYAmt |
| Other Nts And Loans Rcvbl EOYFMV | $0 | OtherNtsAndLoansRcvblEOYFMVAmt |
| Corporate Stock BOY | $428,445 | CorporateStockBOYAmt |
| Corporate Stock EOY | $434,221 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $311,368 | CorporateStockEOYFMVAmt |
| Total Assets BOY | $525,946 | TotalAssetsBOYAmt |
| Total Assets EOY | $459,774 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $336,921 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Capital Stock BOY | $0 | CapitalStockBOYAmt |
| Capital Stock EOY | $0 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $525,946 | RetainedEarningBOYAmt |
| Retained Earning EOY | $459,774 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $525,946 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $459,774 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $525,946 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $459,774 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $525,946 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$65,872 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $460,074 | SubtotalAmt |
| Other Decreases | $300 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $459,774 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | 5,000 SHS WHEATON PRECIOUS METALS CORP | PropertyDesc |
| How Acquired | P | HowAcquiredCd |
| Acquired | 2017-12-15 | AcquiredDt |
| Sold | 2018-03-15 | SoldDt |
| Gross Sales Price | $98,415 | GrossSalesPriceAmt |
| Cost Or Other Basis | $108,101 | CostOrOtherBasisAmt |
| Gain Or Loss | -$9,686 | GainOrLossAmt |
| Gains Minus Excess Or Losses | -$9,686 | GainsMinusExcessOrLossesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -$9,686 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | 0 | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $86,750 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $433,865 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.199947 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $99,087 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $518,712 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.191025 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $106,933 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $619,602 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.172583 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $202,699 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $849,535 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.238600 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $133,112 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $1,023,515 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.130054 | DistributionYr5Rt |
| Total Distribution | 0.932209 | TotalDistributionRt |
| Average Distribution | 0.186442 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $384,785 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $71,740 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $5 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $71,745 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $56,710 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $10 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $10 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $10 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $1,067 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $1,067 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $1,057 | OverpaymentAmt |
| Applied To ES Tax | $1,057 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | DE | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | DEBORAH LODATO | IndividualWithBooksNm |
| Phone | 7329334767 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 75 WEST FRONT STREET SUITE 4 | AddressLine1Txt |
| City | RED BANK | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07701 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (4 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 |
|---|---|---|---|---|---|---|---|---|
| MICHEL MARKS | ||||||||
| 75 WEST FRONT STREET SUITE 4 | RED BANK | NJ | 07701 | PRESIDENT | 0.00 | $0 | $0 | $0 |
| CHRISTOPHER MARKS | ||||||||
| 731 RICHEY AVENUE | COLLINGSWOOD | NJ | 08107 | SECRETARY | 0.00 | $0 | $0 | $0 |
| DEBORAH LODATO | ||||||||
| 78 ROBBINS COURT | BRICKS | NJ | 08724 | TREASURER | 0.00 | $0 | $0 | $0 |
| STEVEN TRESON | ||||||||
| 982 N NC 11 903 HIGHWAY | KENANSVILLE | NC | 28349 | DIRECTOR | 0.00 | $0 | $0 | $0 |
| 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 |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $306,537 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $84,108 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $390,645 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $390,645 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $5,860 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $384,785 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $19,239 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $19,239 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $10 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $10 | TotalTaxAmt |
| Distributable Before Adj | $19,229 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $19,229 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $19,229 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $56,710 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $56,710 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $56,710 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $19,229 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $82,158 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $160,404 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $76,245 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $73,153 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $65,079 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $457,039 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $56,710 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $19,229 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $37,481 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $494,520 | 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 | $82,158 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $412,362 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $160,404 | ExcessFromYear4Amt |
| Excess From Year3 | $76,245 | ExcessFromYear3Amt |
| Excess From Year2 | $73,153 | ExcessFromYear2Amt |
| Excess From Year1 | $65,079 | ExcessFromYear1Amt |
| Excess From Current Year | $37,481 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | MICHEL MARKS | ContributingManagerNm |
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | THE SUMMERSAULT FOUNDATION - ATTN D | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 75 WEST FRONT STREET SUITE 4 | AddressLine1Txt |
| City | RED BANK | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07701 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 7329334767 | RecipientPhoneNum |
| Form And Info And Materials | THE APPLICANT NEEDS TO PROVIDE DOCUMENTATION TO PROVE THAT THEY ARE A QUALIFIED 501C(3) ORGANIZATION, AND ALSO SUBMIT WRITTEN REPORTS WHICH DEMONSTRATE THE USAGE OF THE GRANT. | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | N/A N/A | SubmissionDeadlinesTxt |
| Restrictions On Awards | THE GRANT WILL ONLY BE MADE TO TAX-EXEMPT PUBLIC CHARITIES. | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (16 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| CLEARVIEW COMMUNITIES LLC | |||||||
| 611 W PATRICK ST | FREDERICK | MD | 21701 | NONE | PUBLIC CHARITY | GENERAL SUPPORT | $2,000 |
| GIRL SCOUTS OF JERSEY SHORE | |||||||
| 242 ADELPHIA ROAD | FARMINGDALE | NJ | 07727 | NONE | PUBLIC CHARITY | SCHOLARSHIP | $1,000 |
| IAMAT | |||||||
| 1623 MILITARY RD 279 | NIAGARA FALLS | NY | 143041745 | NONE | PUBLIC CHARITY | GENERAL SUPPORT | $100 |
| INTERFAITH NEIGHBORS | |||||||
| 810 FOURTH AVENUE | ASBURY PARK | NJ | 07712 | NONE | PUBLIC CHARITY | GENERAL SUPPORT | $200 |
| MONMOUTH CONSERVATION FOUNDATION | |||||||
| PO BOX 4150 | MIDDLETOWN | NJ | 077484150 | NONE | PUBLIC CHARITY | GENERAL SUPPORT | $500 |
| NO GREATER SACRIFICE | |||||||
| 1101 PENNSYLVANIA AVENUE SUITE 300 | WASHINGTON | DC | 20004 | NONE | PUBLIC CHARITY | GENERAL SUPPORT | $10,000 |
| OUR LADY MOUNT CARMEL SCHOOL | |||||||
| 1212 1ST AVENUE | ASBURY PARK | NJ | 07712 | NONE | PUBLIC CHARITY | SCHOLARSHIP & DEVELOPMENT | $30,000 |
| RED BANK BOROUGH EDUCATION FOUNDATION | |||||||
| 76 BRANCH AVENUE | RED BANK | NJ | 07701 | NONE | PUBLIC CHARITY | MIDDLE SCHOOL CROSS COUNTRY TEAM | $2,500 |
| RED BANK CATHOLIC HIGH SCHOOL | |||||||
| 112 BROAD STREET | RED BANK | NJ | 07701 | NONE | PUBLIC CHARITY | SCHOLARSHIP | -$3,540 |
| ROOTS & WINGS FOUNDATION | |||||||
| 75 BLOOMFIELD AVENUE SUITE 303 | DENVILLE | NJ | 07834 | NONE | PUBLIC CHARITY | GENERAL SUPPORT | $380 |
| AMERICAN FOUNDATION FOR SUICIDE PREVENTION | |||||||
| 120 WALL STREET 29TH FLOOR | NEW YORK | NY | 10005 | NONE | PUBLIC CHARITY | SUICIDE PREVENTION | $2,500 |
| HADDONFIELD FRIENDS SCHOOL | |||||||
| 47 N HADDON AVENUE | HADDONFIELD | NJ | 08033 | NONE | PUBLIC CHARITY | GENERAL SUPPORT | $5,000 |
| MONMOUTH ARTS | |||||||
| 105 MONMOUTH STREET | RED BANK | NJ | 07701 | NONE | PUBLIC CHARITY | GENERAL SUPPORT | $300 |
| PROJECT USE | |||||||
| 89 LINCOLN PARK | NEWARK | NJ | 07102 | NONE | PUBLIC CHARITY | GENERAL SUPPORT | $1,000 |
| T THOMAS FORTUNE FOUNDATION | |||||||
| PO BOX 2248 WESTSIDE STATION | RED BANK | NJ | 07701 | NONE | PUBLIC CHARITY | GENERAL SUPPORT | $250 |
| FAST | |||||||
| 4509 EAST SENECA DRIVE | ST JOHNS | FL | 32259 | NONE | PUBLIC CHARITY | SWIM PROGRAM | $2,500 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $54,690 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $102 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $422 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | -$9,686 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | -$9,162 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | -$9,162 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $1,800 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $1,800 | DisbursementsCharitablePrpsAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (4 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| 8,333 SHS TRILOGY METALS INC | $96,698 | $14,416 |
| 10,000 SHS INVESCO DB AGRICULTURE FD | $199,366 | $169,400 |
| 2,287.92 SHS MSIF ULTRA-SHORT INCOME A | $22,881 | $22,902 |
| 5,000 SHS NUSTAR ENERGY LP | $115,276 | $104,650 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | NON-DEDUCTIBLE EXPENSES | Desc |
| Amt | $300 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| BANK CHARGES & MICELLANEOUS EXPENSES | $30 | $0 | $30 |
| FILING FEES | $190 | $0 | $190 |