SEAN AND CATHY HANLON FOUNDATION INC: Form 990PF, tax year 2018

View the entire original 990 at ProPublica ↗

Organization: SEAN AND CATHY HANLON FOUNDATION INC (EIN 47-2415209)
Tax period: 2018-01-01 to 2018-12-31
Filed: 2019-05-10
IRS object ID: 201941309349102504
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
Taxes Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2019-05-10T12:48:01-07:00	ReturnTs
Tax Period End	2018-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	222905090	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	Paul S Bauer CPA PA	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	1601 Tilton Road	AddressLine1Txt
City	Northfield	CityNm
State Abbreviation	NJ	StateAbbreviationCd
ZIP	08225	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	472415209	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	The Sean and Cathy Hanlon	BusinessNameLine1Txt
Business Name Line2	Foundation Inc	BusinessNameLine2Txt

Field	Value	IRS element (for citing)
Business Name Control	SEAN	BusinessNameControlTxt
Phone	6096011200	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	3393 Bargaintown Road	AddressLine1Txt
City	Egg Harbor Township	CityNm
State Abbreviation	NJ	StateAbbreviationCd
ZIP	08234	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	John J Hanlon IV	PersonNm
Person Title	Trustee	PersonTitleTxt
Signature	2019-05-01	SignatureDt
Discuss With Paid Preparer	Yes (true)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	Paul S Bauer CPA	PreparerPersonNm
PTIN	P01202995	PTIN
Phone	6096452888	PhoneNum

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	$511,334	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	$21,923	DividendsRevAndExpnssAmt
Dividends Net Invst Incm	$21,923	DividendsNetInvstIncmAmt
Dividends Adj Net Incm	$21,923	DividendsAdjNetIncmAmt
Net Gain Sale Ast Rev And Expnss	-$16,466	NetGainSaleAstRevAndExpnssAmt
Gross Sales Price	$684,441	GrossSalesPriceAmt
Total Rev And Expnss	$5,457	TotalRevAndExpnssAmt
Total Net Invst Incm	$21,923	TotalNetInvstIncmAmt
Total Adj Net Incm	$21,923	TotalAdjNetIncmAmt
Taxes Rev And Expnss	$65	TaxesRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss	$65	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$0	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$0	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$401,751	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$401,751	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$401,816	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$0	TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl	$401,751	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	-$396,359	ExcessRevenueOverExpensesAmt
Net Investment Income	$21,923	NetInvestmentIncomeAmt
Adjusted Net Income	$21,923	AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Sav And Temp Cash Invst BOY	$333,414	SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY	$40,992	SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV	$40,992	SavAndTempCashInvstEOYFMVAmt
Corporate Stock EOYFMV	$470,342	CorporateStockEOYFMVAmt
Other Investments BOY	$621,817	OtherInvestmentsBOYAmt
Other Investments EOY	$517,880	OtherInvestmentsEOYAmt
Total Assets BOY	$955,231	TotalAssetsBOYAmt
Total Assets EOY	$558,872	TotalAssetsEOYAmt
Total Assets EOYFMV	$511,334	TotalAssetsEOYFMVAmt
Total Liabilities EOY	$0	TotalLiabilitiesEOYAmt
Organization Follows SFAS117	Yes (X)	OrganizationFollowsSFAS117Ind
Unrestricted BOY	$955,231	UnrestrictedBOYAmt
Unrestricted EOY	$558,872	UnrestrictedEOYAmt
Tot Net Ast Or Fund Balances BOY	$955,231	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$558,872	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$955,231	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$558,872	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$955,231	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	-$396,359	ExcessRevenueOverExpensesAmt
Subtotal	$558,872	SubtotalAmt
Tot Net Ast Or Fund Balances EOY	$558,872	TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)

PropertyPropertyDesc	How AcquiredHowAcquiredCd	AcquiredAcquiredDt	SoldSoldDt	Gross Sales PriceGrossSalesPriceAmt	Cost Or Other BasisCostOrOtherBasisAmt	Gain Or LossGainOrLossAmt	Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
Sale of Investments - ST	P	2018-01-01	2018-12-31	$529,992	$534,689	-$4,697	-$4,697
Sale of Investments - LT	P	2000-01-01	2018-12-31	$154,449	$166,218	-$11,769	-$11,769

Field	Value	IRS element (for citing)
Capital Gain Net Income	-$16,466	CapitalGainNetIncomeAmt
Net Short Term Capital Gain Loss	-$4,697	NetShortTermCapitalGainLossAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

Field	Value	IRS element (for citing)
Liable Section4942 Tax	false	LiableSection4942TaxInd
Adjusted Qlfy Distri Yr1	$558,552	AdjustedQlfyDistriYr1Amt
Adjusted Qlfy Distri Yr2	$454,637	AdjustedQlfyDistriYr2Amt
Adjusted Qlfy Distri Yr3	$449,468	AdjustedQlfyDistriYr3Amt
Net Investment Income Pct	$219	NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct	$219	AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions	$401,751	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	$219	InvestmentIncomeExciseTaxAmt
Subtotal	$219	SubtotalAmt
Tax Based On Investment Income	$219	TaxBasedOnInvestmentIncomeAmt
Tax Due	$219	TaxDueAmt

Statements Regarding Acty StatementsRegardingActyGrp

Field	Value	IRS element (for citing)
Legislative Political Acty	false	LegislativePoliticalActyInd
More Than100 Spent	false	MoreThan100SpentInd
Form1120 POL Filed	false	Form1120POLFiledInd
Activities Not Previously Rpt	false	ActivitiesNotPreviouslyRptInd
Changes To Articles Or Bylaws	false	ChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over Limit	false	UnrelatedBusIncmOverLimitInd
Form990 T Filed	false	Form990TFiledInd
Organization Dissolved Etc	false	OrganizationDissolvedEtcInd
Section508e Rqr Satisfied	false	Section508eRqrSatisfiedInd
At Least5000 In Assets	Yes (true)	AtLeast5000InAssetsInd
Form990 PF Filed With Atty Gen	Yes (true)	Form990PFFiledWithAttyGenInd
Private Operating Foundation	false	PrivateOperatingFoundationInd
New Substantial Contributors	false	NewSubstantialContributorsInd
Own Controlled Entity	false	OwnControlledEntityInd
Donor Advised Fund	false	DonorAdvisedFundInd
Comply With Public Insp Rqr	Yes (true)	ComplyWithPublicInspRqrInd
Website Address	N/A	WebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

Field	Value	IRS element (for citing)
Business Name Line1	John J Hanlon IV	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	6096011200	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	3393 Bargaintown Road - Suite 200	AddressLine1Txt
City	Egg Harbor Township	CityNm
State Abbreviation	NJ	StateAbbreviationCd
ZIP	08234	ZIPCd

Field	Value	IRS element (for citing)
Foreign Accounts Question	false	ForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

Field	Value	IRS element (for citing)
Sale Or Exch Disqualified Prsn	false	SaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified Prsn	false	BrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified Prsn	false	FurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified Prsn	false	PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified Prsn	false	TransferAstDisqualifiedPrsnInd
Payment To Government Official	false	PaymentToGovernmentOfficialInd
Acts Fail To Qlfy As Exceptions	false	ActsFailToQlfyAsExceptionsInd
Uncorrected Prior Acts	false	UncorrectedPriorActsInd
Undistributed Income PY	false	UndistributedIncomePYInd
Undistr Incm Sect4942a2 Not App	false	UndistrIncmSect4942a2NotAppInd
Business Holdings	false	BusinessHoldingsInd
Excess Business Holdings	false	ExcessBusinessHoldingsInd
Jeopardy Investments	false	JeopardyInvestmentsInd
Uncorrected PY Jeopardy Invst	false	UncorrectedPYJeopardyInvstInd
Influence Legislation	false	InfluenceLegislationInd
Influence Election	false	InfluenceElectionInd
Grants To Individuals	false	GrantsToIndividualsInd
Grants To Organizations	false	GrantsToOrganizationsInd
Noncharitable Purpose	false	NoncharitablePurposeInd
Transactions Fail To Qlfy As Exc	false	TransactionsFailToQlfyAsExcInd
Maintained Expenditure Rspns	false	MaintainedExpenditureRspnsInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	false	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	false	PayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTransInd
Proceeds Or Net Income	false	ProceedsOrNetIncomeInd
Subj To Tax Rmnrtn Ex Prcht Pymt	false	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
John J Hanlon IV
127 Harbor Road	Marmora	NJ	08223	Trustee	0.00	$0
Cathy L Hanlon
127 Harbor Road	Marmora	NJ	08223	Trustee	0.00	$0
John J Hanlon V
127 Harbor Road	Marmora	NJ	08223	Trustee	0.00	$0
Erin S Hanlon
127 Harbor Road	Marmora	NJ	08223	Trustee	0.00	$0

Field	Value	IRS element (for citing)
Comp Of Hghst Pd Empl Or NONE	NONE	CompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONE	NONE	CompOfHghstPdCntrctOrNONETxt

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

Field	Value	IRS element (for citing)
Description1	Stevens Institute Hanlon Financial Systems Lab	Description1Txt
Expenses1	$0	Expenses1Amt
Description2	Marine Mammal Stranding Center	Description2Txt
Description3	Community Food Bank	Description3Txt
Description4	Atlantic City Rescue Mission	Description4Txt

Minimum Investment Return MinimumInvestmentReturnGrp

Field	Value	IRS element (for citing)
Average Monthly FMV Of Sec	$0	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$0	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$0	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$0	TotalFMVOfUnusedAssetsAmt
Reduction Claimed	$0	ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast	$0	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$0	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$0	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$0	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Tax Based On Investment Income	$219	TaxBasedOnInvestmentIncomeAmt
Total Tax	$219	TotalTaxAmt
Distributable Before Adj	$219	DistributableBeforeAdjAmt
Distributable Before Ded	$219	DistributableBeforeDedAmt
Distributable As Adjusted	$0	DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$401,751	ExpensesAndContributionsAmt
Qualifying Distributions	$401,751	QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm	$219	PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri	$401,532	AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$0	DistributableAsAdjustedAmt
Excess Distribution Cyov Yr3	$449,468	ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2	$454,674	ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1	$558,617	ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov	$1,462,759	TotalExcessDistributionCyovAmt
Qualifying Distributions	$401,751	QualifyingDistributionsAmt
Treated As Distri From Corpus	$0	TreatedAsDistriFromCorpusAmt
Remaining Distri From Corpus	$401,751	RemainingDistriFromCorpusAmt
Total Corpus	$1,864,510	TotalCorpusAmt
Undistributed Income CY	$0	UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr	$1,864,510	ExcessDistriCyovToNextYrAmt
Excess From Year3	$449,468	ExcessFromYear3Amt
Excess From Year2	$454,674	ExcessFromYear2Amt
Excess From Year1	$558,617	ExcessFromYear1Amt
Excess From Current Year	$401,751	ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

Application Submission Info ApplicationSubmissionInfoGrp

Field	Value	IRS element (for citing)
Recipient Person	The Sean and Cathy Hanlon Foundatio	RecipientPersonNm

Recipient US Address RecipientUSAddress

Field	Value	IRS element (for citing)
Address Line1	3393 Bargaintown Road 200	AddressLine1Txt
City	Egg Harbor Township	CityNm
State Abbreviation	NJ	StateAbbreviationCd
ZIP	08234	ZIPCd

Field	Value	IRS element (for citing)
Recipient Phone	6096011200	RecipientPhoneNum
Form And Info And Materials	N/A	FormAndInfoAndMaterialsTxt
Submission Deadlines	N/A	SubmissionDeadlinesTxt
Restrictions On Awards	N/A	RestrictionsOnAwardsTxt

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (2 entries)

Address Line1RecipientUSAddress/AddressLine1Txt	CityRecipientUSAddress/CityNm	State AbbreviationRecipientUSAddress/StateAbbreviationCd	ZIPRecipientUSAddress/ZIPCd	Recipient Foundation StatusRecipientFoundationStatusTxt	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt
Stevens Institute
1 Castle Point Terrace	Hoboken	NJ	07030	NC	Educational Purposes	$345,000
Miscelaneous 501c3 Organizations
Various	Various	NJ	08232	NC	Charitable Purposes	$56,751

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$401,751	TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

Field	Value	IRS element (for citing)
Related Or Exempt Function Incm	$21,923	RelatedOrExemptFunctionIncmAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

Field	Value	IRS element (for citing)
Related Or Exempt Function Incm	-$16,466	RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Field	Value	IRS element (for citing)
Related Or Exempt Function Incm	$5,457	RelatedOrExemptFunctionIncmAmt

Field	Value	IRS element (for citing)
Total Income Producing Acty	$5,457	TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

Field	Value	IRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EO	false	TrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EO	false	TrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of Assets	false	SalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EO	false	PurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth Assets	false	RentalOfFacilitiesOthAssetsInd
Reimbursement Arrangements	false	ReimbursementArrangementsInd
Loans Or Loan Guarantees	false	LoansOrLoanGuaranteesInd
Performance Of Services Etc	false	PerformanceOfServicesEtcInd
Sharing Of Facilities Etc	false	SharingOfFacilitiesEtcInd
Relationships Nonchrtbl EO	false	RelationshipsNonchrtblEOInd

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

Field	Value	IRS element (for citing)
Category	Federal Income Tax	CategoryTxt
Amt	$65	Amt

SEAN AND CATHY HANLON FOUNDATION INC: Form 990PF, tax year 2018

Return header ReturnHeader

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

Preparer US Address PreparerUSAddress

Filer Filer

Business Name BusinessName

US Address USAddress

Business Officer BusinessOfficerGrp

Preparer Person PreparerPersonGrp

Form 990-PF IRS990PF

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Statements Regarding Acty StatementsRegardingActyGrp

Persons With Books Name PersonsWithBooksName

Location Of Books US Address LocationOfBooksUSAddress

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (4 entries)

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

Minimum Investment Return MinimumInvestmentReturnGrp

Distributable Amount DistributableAmountGrp

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

Undistributed Income UndistributedIncomeGrp

Supplementary Information SupplementaryInformationGrp

Application Submission Info ApplicationSubmissionInfoGrp

Recipient US Address RecipientUSAddress

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (2 entries)

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

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