POLISSENI FOUNDATION INC: Form 990PF, tax year 2018
View the entire original 990 at ProPublica ↗
- Organization
- POLISSENI FOUNDATION INC (EIN 16-1611263)
- Tax period
- 2018-09-01 to 2019-08-31
- Filed
- 2019-10-08
- IRS object ID
- 201932819349101108
- Schema version
- 2018v3.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Schedule B
- Accounting Fees Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Liabilities Schedule
- Substantial Contributors Sch
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2019-10-08T13:58:47-05:00 | ReturnTs |
| Tax Period End | 2019-08-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 474526160 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | EFPR GROUP CPAS PLLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 280 KENNETH DRIVE | AddressLine1Txt |
| City | ROCHESTER | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 14623 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2018-09-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 161611263 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE POLISSENI FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | POLI | BusinessNameControlTxt |
| Phone | 5856410151 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 120 LINDEN OAKS NO 200 | AddressLine1Txt |
| City | ROCHESTER | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 14625 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | GARY POLISSENI | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 5856410151 | PhoneNum |
| Signature | 2019-10-02 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | VINCENT J TOMEI III CPA | PreparerPersonNm |
| PTIN | P00936595 | PTIN |
| Phone | 5854278900 | PhoneNum |
| Preparation | 2019-10-02 | PreparationDt |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 64.88.174.3 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2019-10-02 | IPDt |
| IP Tm | 10:45:59 | IPTm |
| IP Timezone | ED | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | A3098CE9DE43BB2541F8C5D4A8AA4A8648865DD1 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | AE82551C2A183A39C7E78DFC4FD89A4E70A6975F | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2018 | TaxYr |
| Build TS | 2020-01-14 16:20:31Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $304,677 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $50,000 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $11 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $11 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $30,243 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $30,243 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $928,928 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $1,467,888 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $928,928 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $1,009,182 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $959,182 | 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 |
| Oth Empl Slrs Wgs Rev And Expnss | $24,000 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $12,000 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $12,000 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $3,300 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $3,300 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $0 | AccountingFeesChrtblPrpsAmt |
| Interest Rev And Expnss | $27,853 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $27,853 | InterestNetInvstIncmAmt |
| Interest Dsbrs Chrtbl | $0 | InterestDsbrsChrtblAmt |
| Taxes Rev And Expnss | $6,804 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $3,402 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $3,402 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $2,617 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $1,272 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $1,345 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $64,574 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $47,827 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $16,747 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $485,157 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $485,157 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $549,731 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $47,827 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $501,904 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $459,451 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $911,355 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash EOY | $304,677 | CashEOYAmt |
| Cash EOYFMV | $304,677 | CashEOYFMVAmt |
| Corporate Stock BOY | $1,973,118 | CorporateStockBOYAmt |
| Corporate Stock EOY | $0 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $0 | CorporateStockEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $24,261 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $24,261 | LandBldgEquipAccumDeprecAmt |
| Total Assets BOY | $1,973,118 | TotalAssetsBOYAmt |
| Total Assets EOY | $304,677 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $304,677 | TotalAssetsEOYFMVAmt |
| Other Liabilities BOY | $693,735 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $0 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $693,735 | 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 | $1,279,383 | RetainedEarningBOYAmt |
| Retained Earning EOY | $304,677 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $1,279,383 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $304,677 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $1,973,118 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $304,677 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $1,279,383 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $459,451 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $1,738,834 | SubtotalAmt |
| Other Decreases | $1,434,157 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $304,677 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (11 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|
| 1500 PAYX | D | 2018-10-25 | $96,002 | $29,173 | $66,829 | $66,829 |
| 2600 PAYX | D | 2019-03-08 | $195,653 | $83,213 | $112,440 | $112,440 |
| 2688 PAYX | D | 2019-05-17 | $230,641 | $86,419 | $144,222 | $144,222 |
| 100 PAYX | D | 2019-05-20 | $8,398 | $3,215 | $5,183 | $5,183 |
| 300 PAYX | D | 2019-05-22 | $25,814 | $9,645 | $16,169 | $16,169 |
| 50 PAYX | D | 2019-05-24 | $4,193 | $1,607 | $2,586 | $2,586 |
| 90 PAYX | D | 2019-05-24 | $7,632 | $2,893 | $4,739 | $4,739 |
| 200 PAYX | D | 2019-05-30 | $16,883 | $6,430 | $10,453 | $10,453 |
| 5000 PAYX | D | 2019-06-12 | $434,410 | $152,779 | $281,631 | $281,631 |
| 5367 PAYX | D | 2019-08-14 | $437,635 | $163,586 | $274,049 | $274,049 |
| 50 PAYX CALLS | P | 2019-06-12 | $10,627 | $10,627 | $10,627 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $928,928 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | 0 | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $619,884 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $751,068 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.825337 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $506,864 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $404,532 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 1.252964 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $520,048 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $520,296 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.999523 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $513,457 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $465,629 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 1.102717 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $739,310 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $651,435 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 1.134895 | DistributionYr5Rt |
| Total Distribution | 5.315436 | TotalDistributionRt |
| Average Distribution | 1.063087 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $404,862 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $430,404 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $9,114 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $439,518 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $501,904 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Domestic Org Meeting Sect4940e | Yes (X) | DomesticOrgMeetingSect4940eInd |
| Investment Income Excise Tax | $9,114 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $9,114 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $9,114 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $7,440 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $7,440 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $13 | EsPenaltyAmt |
| Tax Due | $1,687 | TaxDueAmt |
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 | 0 | 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 | Yes (1) | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | HTTP://WWW.POLISSENIFOUNDATION.COM/ | WebsiteAddressTxt |
| Individual With Books | GP ASSOCIATES | IndividualWithBooksNm |
| Phone | 5856410151 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 120 LINDEN OAKS SUITE 200 | AddressLine1Txt |
| City | ROCHESTER | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 14625 | 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 (5 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 |
|---|---|---|---|---|---|---|---|---|
| WANDA POLISSENI | ||||||||
| 16 BEAUCLAIRE LANE | FAIRPORT | NY | 14450 | PRESIDENT | 0.00 | $0 | $0 | $0 |
| GARY POLISSENI | ||||||||
| 5 WHISPERWOOD DRIVE | VICTOR | NY | 14564 | DIRECTOR | 0.00 | $0 | $0 | $0 |
| GREGORY POLISSENI | ||||||||
| 17 MILES AVENUE | FAIRPORT | NY | 14450 | DIRECTOR | 0.00 | $0 | $0 | $0 |
| VALERIE POLISSENI WILCOX | ||||||||
| 31 HYACINTH LANE | FAIRPORT | NY | 14450 | DIRECTOR | 0.00 | $0 | $0 | $0 |
| GLENN E PEZZOLO | ||||||||
| 36 WEST MAIN STREET | ROCHESTER | NY | 14614 | 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 | $411,027 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $0 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $411,027 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $411,027 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $6,165 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $404,862 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $20,243 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $20,243 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $9,114 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $9,114 | TotalTaxAmt |
| Distributable Before Adj | $11,129 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $11,129 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $11,129 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $501,904 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $501,904 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $9,114 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $492,790 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $11,129 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $722,010 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $497,312 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $494,053 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $501,451 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $582,331 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $2,797,157 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $501,904 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $11,129 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $490,775 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $3,287,932 | 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 | $722,010 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $2,565,922 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $497,312 | ExcessFromYear4Amt |
| Excess From Year3 | $494,053 | ExcessFromYear3Amt |
| Excess From Year2 | $501,451 | ExcessFromYear2Amt |
| Excess From Year1 | $582,331 | ExcessFromYear1Amt |
| Excess From Current Year | $490,775 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | THE POLISSENI FOUNDATION | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | C/O GP ASSOCIATES 1080 PITTSFORD | AddressLine1Txt |
| Address Line2 | VICTOR ROAD STE 201 | AddressLine2Txt |
| City | PITTSFORD | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 14534 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 5856410151 | RecipientPhoneNum |
| Form And Info And Materials | GRANT APPLICATION FORM, PROPOSAL, PROJECT BUDGET, ORGANIZATION OPERATING BUDGET, BOARD OF DIRECTORS LISTING, MOST RECENT FINANCIAL STATEMENT, COPY OF IRS 501(C)(3) DETERMINATION LETTER | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | NONE | SubmissionDeadlinesTxt |
| Restrictions On Awards | NONE | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (24 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| CAMERON COMMUNITY MINISTRIES | |||||||
| 48 CAMERON ST | ROCHESTER | NY | 14606 | NONE | PUBLIC CHARITY | CHARITY | $1,500 |
| CDS MONARCH | |||||||
| 860 HARD ROAD | WEBSTER | NY | 14580 | NONE | PUBLIC CHARITY | CHARITY | $5,000 |
| CHAMPION ACADEMY FUND CO ROCHESTER AREA COMMUNITY FOUNDATION | |||||||
| 500 EAST AVENUE | ROCHESTER | NY | 14607 | NONE | PUBLIC CHARITY | CHARITY | $100,000 |
| DIMITI HOUSE | |||||||
| 102 N UNION STREET | ROCHESTER | NY | 14607 | NONE | PUBLIC CHARITY | CHARITY | $5,000 |
| FOODLINK | |||||||
| 1999 MT READ BLVD | ROCHESTER | NY | 14615 | NONE | PUBLIC CHARITY | CHARITY | $2,500 |
| GEVA THEATRE CENTER | |||||||
| 75 WOODBURY BLVD | ROCHESTER | NY | 14607 | NONE | PUBLIC CHARITY | CHARITY | $1,500 |
| RIT | |||||||
| 1 LOMB MEMORIAL DRIVE | ROCHESTER | NY | 14623 | NONE | PUBLIC CHARITY | CHARITYCHARITY | $166,700 |
| ROCHESTER HEARING & SPEECH CENTER | |||||||
| 1000 ELMWOOD AVE STE 400 | ROCHESTER | NY | 14620 | NONE | PUBLIC CHARITY | CHARITY | $2,000 |
| RONALD MCDONALD HOUSE | |||||||
| 333 WESTMORELAND DRIVE | ROCHESTER | NY | 14620 | NONE | PUBLIC CHARITY | CHARITY | $2,500 |
| SOJOURNER HOUSE | |||||||
| 30 MILLBANK STREET | ROCHESTER | NY | 14619 | NONE | PUBLIC CHARITY | CHARITY | $3,000 |
| SPIRITUS CHRISTI MENTAL HEALTH CENTER | |||||||
| 121 N FITZHUGH STREET | ROCHESTER | NY | 14614 | NONE | PUBLIC CHARITY | CHARITY | $2,000 |
| ST JOHN FISHER COLLEGE | |||||||
| 3690 EAST AVENUE | ROCHESTER | NY | 14618 | NONE | PUBLIC CHARITY | CHARITY | $150,000 |
| YMCA OF GREATER ROCHESTER | |||||||
| 444 EAST MAIN STREET | ROCHESTER | NY | 14604 | NONE | PUBLIC CHARITY | CHARITY | $5,000 |
| WARRIOR SALUTE VETERANS SERVICE | |||||||
| 860 HARD ROAD | WEBSTER | NY | 14580 | NONE | PUBLIC CHARITY | CHARITY | $7,500 |
| PUSH PHYSICAL THEATER | |||||||
| 389 GREGORY STREET | ROCHESTER | NY | 14620 | NONE | PUBLIC CHARITY | CHARITY | $1,500 |
| RESOLVE OF GREATER ROCHESTER | |||||||
| PO BOX 21 | FAIRPORT | NY | 14450 | NONE | PUBLIC CHARITY | CHARITY | $2,500 |
| ISAIAH HOUSE | |||||||
| 71 PRINCE STREET | ROCHESTER | NY | 14605 | NONE | PUBLIC CHARITY | CHARITY | $4,957 |
| HERITAGE CHRISTIAN SERVICE | |||||||
| 275 KENNETH DRIVE | ROCHESTER | NY | 14623 | NONE | PUBLIC CHARITY | CHARITY | $1,000 |
| GENEVA READS | |||||||
| 25 N MORRELL AVE | GENEVA | NY | 14607 | NONE | PUBLIC CHARITY | CHARITY | $1,500 |
| WILLOW DOMESTIC VIOLENCE CENTER | |||||||
| 639 EAST AVENUE | ROCHESTER | NY | 14607 | NONE | PUBLIC CHARITY | CHARITY | $2,500 |
| BIVONA CHILD ADVOCACY CENTER | |||||||
| ONE MOUNT HOPE AVE | ROCHESTER | NY | 14620 | NONE | PUBLIC CHARITY | CHARITY | $5,000 |
| THE SERENITY HOUSE | |||||||
| 1278 BRACE ROAD | VICTOR | NY | 14564 | NONE | PUBLIC CHARITY | CHARITY | $7,500 |
| PLUTA CANCER CENTER | |||||||
| 125 RED CREEK DRIVE | ROCHESTER | NY | 14623 | NONE | PUBLIC CHARITY | CHARITY | $2,500 |
| DEPAUL COMMUNITY SERVICE | |||||||
| 1931 BUFFALO ROAD | ROCHESTER | NY | 14624 | NONE | PUBLIC CHARITY | CHARITY | $2,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $485,157 | 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 | $11 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $30,243 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $928,928 | RelatedOrExemptFunctionIncmAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $30,254 | ExclusionAmt |
| Related Or Exempt Function Incm | $928,928 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $959,182 | TotalIncomeProducingActyAmt |
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp (2 entries)
| Line NumberLineNumberTxt | Relationship StatementRelationshipStatementTxt |
|---|---|
| 8 | INCOME GENERATED FROM THE SALE OF SECURITIES IS USED TO CREATE |
| 8 | ADDITIONAL INCOME TO DISTRIBUTE TO CHARITIES |
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 |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp (3 entries)
| ContributorContributorNum | Address Line1ContributorUSAddress/AddressLine1Txt | CityContributorUSAddress/CityNm | State AbbreviationContributorUSAddress/StateAbbreviationCd | ZIPContributorUSAddress/ZIPCd | Total ContributionsTotalContributionsAmt | Person ContributionPersonContributionInd |
|---|---|---|---|---|---|---|
| WANDA POLISSENI | ||||||
| 1 | 16 BEAUCLAIRE LANE | FAIRPORT | NY | 14450 | $25,000 | Yes (X) |
| VALERIE WILCOX | ||||||
| 2 | 31 HYACINTH LANE | FAIRPORT | NY | 14450 | $12,500 | Yes (X) |
| GARY POLISSENI | ||||||
| 3 | 5 WHISPERWOOD DRIVE | VICTOR | NY | 14564 | $12,500 | Yes (X) |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $3,300 | Amt |
| Net Investment Income | $3,300 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | CHANGE IN ASSET VALUE | Desc |
| Amt | $1,434,157 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (4 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| NYS FILING FEES | $100 | $100 | $0 |
| PAYROLL PROCESSING FEES | $1,314 | $657 | $657 |
| INSURANCE | $1,031 | $515 | $516 |
| WEB HOSTING | $172 | $0 | $172 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | LINE OF CREDIT | Desc |
| BOY Book Value | $693,735 | BOYBookValueAmt |
| EOY Book Value | $0 | EOYBookValueAmt |
Substantial Contributors Sch SubstantialContributorsSch
Substantial Contributor Detail SubstantialContributorDetail (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd |
|---|---|---|---|
| WANDA POLISSENI | |||
| 16 BEAUCLAIRE LANE | FAIRPORT | NY | 14450 |
| GARY POLISSENI | |||
| 5 WHISPERWOOD DRIVE | VICTOR | NY | 14564 |
| VALERIE WILCOX | |||
| 31 HYACINTH LANE | FAIRPORT | NY | 14450 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | PAYROLL TAXES | CategoryTxt |
| Amt | $6,804 | Amt |
| Net Investment Income | $3,402 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $3,402 | DisbursementsCharitablePrpsAmt |
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