GOOD NEWS FOUNDATION TR: Form 990PF, tax year 2017
View the entire original 990 at ProPublica ↗
- Organization
- GOOD NEWS FOUNDATION TR (EIN 16-6413692)
- Tax period
- 2017-01-01 to 2017-12-31
- Filed
- 2019-08-01
- IRS object ID
- 201932139349100413
- 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
- General Explanation Attachment
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Other Expenses Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2019-08-01T15:08:59-05:00 | ReturnTs |
| Tax Period End | 2017-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 132550103 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | D'ARCANGELO & CO LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 120 LOMOND COURT | AddressLine1Txt |
| City | UTICA | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 135025950 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2017-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 166413692 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GOOD NEWS FOUNDATION TRUST CO MICHAEL E | BusinessNameLine1Txt |
| Business Name Line2 | BUCKLEY | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | GOOD | BusinessNameControlTxt |
| Phone | 3157356210 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 18 MULBERRY ST | AddressLine1Txt |
| City | CLINTON | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 13323 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MICHAEL E BUCKLEY | PersonNm |
| Person Title | TRUSTEE | PersonTitleTxt |
| Phone | 3157356210 | PhoneNum |
| Signature | 2019-08-01 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | TRICIA L LUCAS CPA | PreparerPersonNm |
| PTIN | P00227744 | PTIN |
| Phone | 3157355216 | PhoneNum |
| Preparation | 2019-08-01 | PreparationDt |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 209.217.215.146 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2019-08-01 | IPDt |
| IP Tm | 14:09:29 | IPTm |
| IP Timezone | ED | IPTimezoneCd |
| Federal Original Submission Id | 1609432018319033be82 | FederalOriginalSubmissionId |
| Federal Original Submission Id | 2018-11-15 | FederalOriginalSubmissionIdDt |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | 1BE6195DF1D7FDC71E685761E3EB3E78AE452CB6 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | A515CF4B3DD06CED8D750AC084C2E03101E91E81 | 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) |
|---|---|---|
| Amended Return | Yes (X) | AmendedReturnInd |
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $12,352,896 | 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 |
| Dividends Rev And Expnss | $537,723 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $537,723 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $251,624 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $514,505 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $251,624 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $789,347 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $789,347 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $0 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $76,035 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Adj Net Incm | $0 | CompOfcrDirTrstAdjNetIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $4,300 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $0 | AccountingFeesChrtblPrpsAmt |
| Other Expenses Rev And Expnss | $40,094 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $40,094 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $0 | OtherExpensesAdjNetIncmAmt |
| Other Expenses Dsbrs Chrtbl | $0 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $120,429 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $40,094 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $557,808 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $557,808 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $678,237 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $40,094 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $557,808 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $111,110 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $749,253 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $92,349 | CashBOYAmt |
| Cash EOY | $26,668 | CashEOYAmt |
| Cash EOYFMV | $26,668 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $92,172 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $2,823,415 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $2,823,415 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl | $33,748 | AcctRcvblAmt |
| Acct Rcvbl EOY | $33,748 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $33,748 | AcctRcvblEOYFMVAmt |
| Corporate Stock BOY | $1,530,155 | CorporateStockBOYAmt |
| Corporate Stock EOY | $4,005,478 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $5,518,862 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $7,596,578 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $2,533,055 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $3,950,203 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $9,311,254 | TotalAssetsBOYAmt |
| Total Assets EOY | $9,422,364 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $12,352,896 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Capital Stock BOY | $9,311,254 | CapitalStockBOYAmt |
| Capital Stock EOY | $9,422,364 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $0 | RetainedEarningBOYAmt |
| Retained Earning EOY | $0 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $9,311,254 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $9,422,364 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $9,311,254 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $9,422,364 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $9,311,254 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $111,110 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $9,422,364 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $9,422,364 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (26 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| CLOROX COMPANY | P | 2016-12-14 | 2017-07-13 | $11,836 | $10,462 | $1,374 | $1,374 |
| AIR PROD & CHEMICALS | P | 2016-01-26 | 2017-07-13 | $12,956 | $9,741 | $3,215 | $3,215 |
| AMGEN INC. | P | 2013-08-09 | 2017-01-13 | $20,407 | $14,246 | $6,161 | $6,161 |
| AMPHENOL CORP | P | 2011-06-15 | 2017-03-27 | $28,330 | $10,185 | $18,145 | $18,145 |
| AUTO DATA PROCESSING | P | 2013-03-14 | 2017-01-13 | $29,965 | $16,455 | $13,510 | $13,510 |
| COSTCO WHOLESALE CO | P | 2011-06-15 | 2017-03-27 | $24,895 | $11,706 | $13,189 | $13,189 |
| DENTSPLY SIRONA INC | P | 2011-06-15 | 2017-03-27 | $6,885 | $3,998 | $2,887 | $2,887 |
| DENTSPLY SIRONA INC | P | 2011-06-15 | 2017-03-27 | $18,777 | $10,903 | $7,874 | $7,874 |
| JOHNSON & JOHNSON | P | 2011-06-15 | 2017-03-27 | $32,724 | $17,235 | $15,489 | $15,489 |
| TOOTSIE ROLL INDS | P | 2011-06-15 | 2017-07-13 | $11,788 | $7,748 | $4,040 | $4,040 |
| UNION PACIFIC CORP | P | 2012-11-01 | 2017-01-13 | $21,035 | $12,578 | $8,457 | $8,457 |
| V C A INC | P | 2015-06-26 | 2017-01-13 | $63,860 | $38,619 | $25,241 | $25,241 |
| VERSUM MATERIALS INC | P | 2016-01-26 | 2017-04-28 | $9,586 | $6,095 | $3,491 | $3,491 |
| VISA INC | P | 2016-01-26 | 2017-03-27 | $26,681 | $21,523 | $5,158 | $5,158 |
| W E C ENERGY GROUP 1 | P | 2014-07-11 | 2017-01-13 | $20,468 | $15,843 | $4,625 | $4,625 |
| AMAZON COM INC | P | 2009-11-23 | 2017-01-13 | $32,853 | $5,312 | $27,541 | $27,541 |
| AMAZON COM INC | P | 2009-11-23 | 2017-04-26 | $12,762 | $1,859 | $10,903 | $10,903 |
| APPLE INC | P | 2009-08-20 | 2017-07-13 | $14,792 | $2,380 | $12,412 | $12,412 |
| CHARLES SCHWAB CORP | P | 2010-09-02 | 2017-07-13 | $11,272 | $3,583 | $7,689 | $7,689 |
| DANAHER CORP | P | 2010-03-16 | 2017-07-13 | $10,941 | $3,871 | $7,070 | $7,070 |
| INTUIT INC | P | 2010-08-26 | 2017-04-25 | $10,713 | $3,826 | $6,887 | $6,887 |
| MC CORMICK & CO INC | P | 2009-07-30 | 2017-07-13 | $12,597 | $4,244 | $8,353 | $8,353 |
| NEXTERA ENERGY INC | P | 2009-08-20 | 2017-03-27 | $28,833 | $12,606 | $16,227 | $16,227 |
| PROCTER & GAMBLE | P | 2009-07-30 | 2017-07-13 | $11,306 | $7,312 | $3,994 | $3,994 |
| 3M COMPANY | P | 2009-08-20 | 2017-04-26 | $28,225 | $10,540 | $17,685 | $17,685 |
| TOOTSIE ROLL INDS | P | 2011-06-15 | 2017-04-17 | $18 | $11 | $7 | $7 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $251,624 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | 0 | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $557,077 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $11,212,070 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.049685 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $578,563 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $11,385,893 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.050814 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $544,734 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $11,742,233 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.046391 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $500,446 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $11,130,556 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.044961 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $514,860 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $10,267,383 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.050145 | DistributionYr5Rt |
| Total Distribution | 0.241996 | TotalDistributionRt |
| Average Distribution | 0.048399 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $11,564,609 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $559,716 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $7,493 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $567,209 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $557,808 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $14,985 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $14,985 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $14,985 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $0 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $33,748 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $48,819 | TotalPaymentsAndCreditsAmt |
| Original Return Tax Paid | $15,071 | OriginalReturnTaxPaidAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $33,834 | OverpaymentAmt |
| Applied To ES Tax | $33,834 | 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 | NY | 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 | THEGOODNEWSCENTER.ORG | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MICHAEL BUCKLEY TRUSTEE | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 3157356210 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 18 MULBERRY ST | AddressLine1Txt |
| City | CLINTON | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 11323 | 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 |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MICHAEL BUCKLEY | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 50 IRVING ROAD | AddressLine1Txt |
| City | NEW HARTFORD | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 13413 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Title | TRUSTEE | TitleTxt |
| Average Hrs Per Wk Devoted To Pos | 5.00 | AverageHrsPerWkDevotedToPosRt |
| Compensation | $76,035 | CompensationAmt |
| Employee Benefit Program | $0 | EmployeeBenefitProgramAmt |
| Expense Account Other Allwnc | $0 | ExpenseAccountOtherAllwncAmt |
| 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 | $11,675,909 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $64,811 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $11,740,720 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $11,740,720 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $176,111 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $11,564,609 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $578,230 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $578,230 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $14,985 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $14,985 | TotalTaxAmt |
| Distributable Before Adj | $563,245 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $563,245 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $563,245 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $557,808 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $557,808 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $557,808 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $563,245 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $557,808 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $557,808 | QualifyingDistributionsAmt |
| Applied To Year1 | $557,808 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $0 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $0 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $563,245 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $0 | ExcessDistriCyovToNextYrAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GOOD NEWS FOUNDATION OF CENTRAL NEW YORK | BusinessNameLine1Txt |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 10475 COSBY MANOR ROAD | AddressLine1Txt |
| City | UTICA | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 13502 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Relationship | NA | RecipientRelationshipTxt |
| Recipient Foundation Status | PRIVATE OPERATING | RecipientFoundationStatusTxt |
| Grant Or Contribution Purpose | DISTRIBUTION | GrantOrContributionPurposeTxt |
| Amt | $557,808 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $557,808 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $537,723 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $251,624 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $789,347 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $789,347 | 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 (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| ACCOUNTING FEES | $2,200 | $0 | $0 | $0 |
| LEGAL FEES | $2,100 | $0 | $0 | $0 |
General Explanation Attachment GeneralExplanationAttachment
General Explanation GeneralExplanationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | 2017 AMENDED RETURN | IdentifierTxt |
| Form And Line Reference | FORM 990-PF PART VI LINE 6D | FormAndLineReferenceDesc |
| Medium Explanation | ORIGIANLLY FILED TAX RETURN OMITTED FEDERAL TAX WITHELD WHICH WAS REPORTED TO THE ORGANIZATION VIA A 1099-R. | MediumExplanationTxt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | 1 HOPPER ASSET MANAGEMENT | StockNm |
| EOY Book Value | $4,005,478 | EOYBookValueAmt |
| EOYFMV | $5,518,862 | EOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | ANNUITIES | CategoryOrItemTxt |
| Listed At Cost Or FMV | AT COST | ListedAtCostOrFMVCd |
| Book Value | $2,533,055 | BookValueAmt |
| EOYFMV | $3,950,203 | EOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| MANAGEMENT FEES | $40,059 | $40,059 | $0 | $0 |
| BANK FEES | $35 | $35 | $0 | $0 |
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