BETA

MOGLIA FAMILY FOUNDATION: Form 990PF, tax year 2017

View the entire original 990 at ProPublica ↗

Organization
MOGLIA FAMILY FOUNDATION (EIN 35-6766677)
Tax period
2017-04-01 to 2018-03-31
Filed
2019-02-14
IRS object ID
201940459349100819
Schema version
2017v2.2
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 ReturnHeader

FieldValueIRS element (for citing)
Return2019-02-14T16:10:14-08:00ReturnTs
Tax Period End2018-03-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Rick Iacovo CPABusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line128 East 35th StreetAddressLine1Txt
CityBrant BeachCityNm
State AbbreviationNJStateAbbreviationCd
ZIP08008ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2017-04-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN356766677EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1MOGLIA FAMILY FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlMOGLBusinessNameControlTxt
Phone4025756933PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1200 SOUTH 108TH AVENUEAddressLine1Txt
CityOMAHACityNm
State AbbreviationNEStateAbbreviationCd
ZIP68154ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJOSEPH MOGLIAPersonNm
Person TitleTrusteePersonTitleTxt
Signature2019-02-14SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonRICK IACOVOPreparerPersonNm
PTINP00080542PTIN
Phone7724484442PhoneNum
Self EmployedYes (X)SelfEmployedInd
FieldValueIRS element (for citing)
Tax2017TaxYr
Build TS2019-02-21 02:37:17ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$78,973,598FMVAssetsEOYAmt
Method Of Accounting OtherYes (X)MethodOfAccountingOtherInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$300,000ContriRcvdRevAndExpnssAmt
Dividends Rev And Expnss$838,025DividendsRevAndExpnssAmt
Dividends Net Invst Incm$838,025DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$4,380,419NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$21,037,296GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$4,380,419CapGainNetIncmNetInvstIncmAmt
Other Income Rev And Expnss$11OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm$11OtherIncomeNetInvstIncmAmt
Total Rev And Expnss$5,518,455TotalRevAndExpnssAmt
Total Net Invst Incm$5,218,455TotalNetInvstIncmAmt
Accounting Fees Rev And Expnss$35,485AccountingFeesRevAndExpnssAmt
Accounting Fees Chrtbl Prps$35,485AccountingFeesChrtblPrpsAmt
Taxes Rev And Expnss$2,303TaxesRevAndExpnssAmt
Taxes Net Invst Incm$2,303TaxesNetInvstIncmAmt
Other Expenses Rev And Expnss$45OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$45OtherExpensesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss$37,833TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$2,348TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$35,485TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$3,510,700ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$3,510,700ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$3,548,533TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$2,348TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$3,546,185TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$1,969,922ExcessRevenueOverExpensesAmt
Net Investment Income$5,216,107NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$47,826CashBOYAmt
Cash EOY$42,311CashEOYAmt
Cash EOYFMV$42,311CashEOYFMVAmt
Sav And Temp Cash Invst BOY$16,271,743SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$2,577,994SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$2,577,994SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY$48,287,549CorporateStockBOYAmt
Corporate Stock EOY$64,184,089CorporateStockEOYAmt
Corporate Stock EOYFMV$76,353,293CorporateStockEOYFMVAmt
Total Assets BOY$64,607,118TotalAssetsBOYAmt
Total Assets EOY$66,804,394TotalAssetsEOYAmt
Total Assets EOYFMV$78,973,598TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow SFAS117Yes (X)OrgDoesNotFollowSFAS117Ind
Retained Earning BOY$64,607,118RetainedEarningBOYAmt
Retained Earning EOY$66,804,394RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$64,607,118TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$66,804,394TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$64,607,118TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$66,804,394TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$64,607,118TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$1,969,922ExcessRevenueOverExpensesAmt
Other Increases$465,595OtherIncreasesAmt
Subtotal$67,042,635SubtotalAmt
Other Decreases$238,241OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY$66,804,394TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (3 entries)

PropertyPropertyDescHow AcquiredHowAcquiredCdAcquiredAcquiredDtSoldSoldDtGross Sales PriceGrossSalesPriceAmtCost Or Other BasisCostOrOtherBasisAmtGain Or LossGainOrLossAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
STOCK SALES-SEE ATTACHED LISTP2009-07-012018-03-31$19,707,167$12,823,113$6,884,054$6,884,054
OPTIONSP2009-07-012018-03-31$1,330,129$2,212,561-$882,432-$882,432
CAPITAL GAIN/LOSS FROM PTNSPSP2009-07-012018-03-31$1,621,203-$1,621,203-$1,621,203
FieldValueIRS element (for citing)
Capital Gain Net Income$4,380,419CapitalGainNetIncomeAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$2,906,619AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$73,876,820NetVlNoncharitableAssetsYr1Amt
Distribution Yr10.03934DistributionYr1Rt
Adjusted Qlfy Distri Yr2$1,827,172AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$68,281,500NetVlNoncharitableAssetsYr2Amt
Distribution Yr20.02676DistributionYr2Rt
Adjusted Qlfy Distri Yr3$3,044,505AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$73,992,125NetVlNoncharitableAssetsYr3Amt
Distribution Yr30.04115DistributionYr3Rt
Adjusted Qlfy Distri Yr4$1,857,460AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4$61,284,684NetVlNoncharitableAssetsYr4Amt
Distribution Yr40.03031DistributionYr4Rt
Adjusted Qlfy Distri Yr5$1,965,140AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5$45,164,862NetVlNoncharitableAssetsYr5Amt
Distribution Yr50.04351DistributionYr5Rt
Total Distribution0.181068TotalDistributionRt
Average Distribution0.036214AverageDistributionRt
Net Vl Noncharitable Assets$81,165,858NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$2,939,340AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct$52,161NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$2,991,501AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$3,546,185QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Domestic Org Meeting Sect4940eYes (X)DomesticOrgMeetingSect4940eInd
Investment Income Excise Tax$52,161InvestmentIncomeExciseTaxAmt
Subtotal$52,161SubtotalAmt
Tax Based On Investment Income$52,161TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$155,206EstimatedPlusOvpmtIncmTxAmt
Extsn Request Income Tax Paid$200,000ExtsnRequestIncomeTaxPaidAmt
Total Payments And Credits$355,206TotalPaymentsAndCreditsAmt
Form2220 AttachedYes (X)Form2220AttachedInd
Overpayment$303,045OverpaymentAmt
Applied To ES Tax$303,045AppliedToESTaxAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Form990 T FiledfalseForm990TFiledInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1EXECUTIVE ASSISTANTBusinessNameLine1Txt

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1200 SOUTH 108TH AVENUEAddressLine1Txt
CityOMAHACityNm
State AbbreviationNEStateAbbreviationCd
ZIP68154ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnYes (true)FurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Acts Fail To Qlfy As ExceptionsfalseActsFailToQlfyAsExceptionsInd
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
Undistributed Income PYfalseUndistributedIncomePYInd
Undistr Incm Sect4942a2 Not AppfalseUndistrIncmSect4942a2NotAppInd
Business HoldingsfalseBusinessHoldingsInd
Excess Business HoldingsfalseExcessBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Transactions Fail To Qlfy As ExcfalseTransactionsFailToQlfyAsExcInd
Maintained Expenditure RspnsfalseMaintainedExpenditureRspnsInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Proceeds Or Net IncomefalseProceedsOrNetIncomeInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp

FieldValueIRS element (for citing)
PersonJoseph MogliaPersonNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1200 SOUTH 108TH AVENUEAddressLine1Txt
CityOMAHACityNm
State AbbreviationNEStateAbbreviationCd
ZIP68154ZIPCd
FieldValueIRS element (for citing)
TitleTrusteeTitleTxt
Average Hrs Per Wk Devoted To Pos1.00AverageHrsPerWkDevotedToPosRt
Compensation$0CompensationAmt
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$42,395,528AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$11,985,919AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$28,020,439FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$82,401,886TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$82,401,886AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$1,236,028CashDeemedCharitableAmt
Net Vl Noncharitable Assets$81,165,858NetVlNoncharitableAssetsAmt
Minimum Investment Return$4,058,293MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$4,058,293MinimumInvestmentReturnAmt
Tax Based On Investment Income$52,161TaxBasedOnInvestmentIncomeAmt
Total Tax$52,161TotalTaxAmt
Distributable Before Adj$4,006,132DistributableBeforeAdjAmt
Distributable Before Ded$4,006,132DistributableBeforeDedAmt
Distributable As Adjusted$4,006,132DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$3,546,185ExpensesAndContributionsAmt
Qualifying Distributions$3,546,185QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm$52,161PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri$3,494,024AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$4,006,132DistributableAsAdjustedAmt
Undistributed Income PY$3,334,648UndistributedIncomePYAmt
Qualifying Distributions$3,546,185QualifyingDistributionsAmt
Applied To Year1$3,334,648AppliedToYear1Amt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$211,537AppliedToCurrentYearAmt
Undistributed Income CY$3,794,595UndistributedIncomeCYAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerJoseph MogliaContributingManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp

FieldValueIRS element (for citing)
Recipient PersonVarious 501C3OrganizationsRecipientPersonNm

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line1SEE ATTACHED STATEMENTSAddressLine1Txt
CityOMAHACityNm
State AbbreviationNEStateAbbreviationCd
ZIP68154ZIPCd
FieldValueIRS element (for citing)
Recipient RelationshipNONERecipientRelationshipTxt
Recipient Foundation Status509(A)RecipientFoundationStatusTxt
Grant Or Contribution PurposeUnrestrictedGrantOrContributionPurposeTxt
Amt$3,510,700Amt
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$3,510,700TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$838,025ExclusionAmt

Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$11ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion$4,380,419ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$5,218,455ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$5,218,455TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Schedule B IRS990ScheduleB

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
General RuleYes (X)GeneralRuleInd

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
Contributor1ContributorNum
Contributor PersonJOSEPH MOGLIAContributorPersonNm

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1200 SOUTH 108TH AVENUEAddressLine1Txt
CityOMAHACityNm
State AbbreviationNEStateAbbreviationCd
ZIP68154ZIPCd
FieldValueIRS element (for citing)
Total Contributions$300,000TotalContributionsAmt
Person ContributionYes (X)PersonContributionInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryACCOUNTING FEESCategoryTxt
Amt$35,485Amt
Net Investment Income$0NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$35,485DisbursementsCharitablePrpsAmt

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail (2 entries)

DescDescAmtAmt
EXCISE TAX PAID$230,000
NON-DEDUCTABLE EXPENSES$8,241

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp

FieldValueIRS element (for citing)
DescSERVICE CHARGESDesc
Revenue And Expenses Per Books$45RevenueAndExpensesPerBooksAmt
Net Investment Income$45NetInvestmentIncomeAmt

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail

FieldValueIRS element (for citing)
DescOther Investment IncomeDesc
Revenue And Expenses Per Books$11RevenueAndExpensesPerBooksAmt
Net Investment Income$11NetInvestmentIncomeAmt

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail

FieldValueIRS element (for citing)
DescCOST BASIS/MARKET VALUE-INVESTMENTSDesc
Amt$465,595Amt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryFOREIGN TAXES WITHHELDCategoryTxt
Amt$2,303Amt
Net Investment Income$2,303NetInvestmentIncomeAmt

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