MORSE HILL FOUNDATION INC: Form 990PF, tax year 2018
View the entire original 990 at ProPublica ↗
- Organization
- MORSE HILL FOUNDATION INC (EIN 22-3083890)
- Tax period
- 2018-01-01 to 2018-12-31
- Filed
- 2019-05-10
- IRS object ID
- 201941309349101319
- Schema version
- 2018v3.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Accounting Fees Schedule
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Other Assets Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2019-05-10T10:45:03-05:00 | ReturnTs |
| Tax Period End | 2018-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 135069335 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FIDUCIARY TRUST COMPANY INT'L | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 280 PARK AVENUE 7TH FL | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10017 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2018-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 223083890 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MORSE HILL FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | MORS | BusinessNameControlTxt |
| Phone | 5184654747 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 20 CORPORATE WOODS BLVD SUITE 600 | AddressLine1Txt |
| City | ALBANY | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 12111 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MICHAEL PICOTTE | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 5184654747 | PhoneNum |
| Signature | 2019-05-10 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | RICHARD PIANOFORTE | PreparerPersonNm |
| PTIN | P00844777 | PTIN |
| Phone | 2126323000 | PhoneNum |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 144.121.225.40 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2019-05-10 | IPDt |
| IP Tm | 11:44:59 | IPTm |
| IP Timezone | ED | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | F5B63527CBA07F687BBFED45ECF6C3539D616FB6 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | F5B63527CBA07F687BBFED45ECF6C3539D616FB6 | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2018 | TaxYr |
| Build TS | 2019-02-21 02:37:17Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $12,262,810 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $1,466 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $1,466 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $112,071 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $112,071 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $195,480 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $494,524 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $195,480 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $253,512 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $346,439 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $562,529 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $655,456 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $1,300 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $1,300 | AccountingFeesChrtblPrpsAmt |
| Taxes Rev And Expnss | $8,872 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $0 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $53,029 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $27,857 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $25,172 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $63,201 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $27,857 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $26,472 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $599,795 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $599,795 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $662,996 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $27,857 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $626,267 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$100,467 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $627,599 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $121,503 | CashBOYAmt |
| Cash EOY | $400,022 | CashEOYAmt |
| Cash EOYFMV | $400,022 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $79,208 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $27,149 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $27,149 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $7,025,421 | CorporateStockBOYAmt |
| Corporate Stock EOY | $7,009,850 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $8,760,824 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $3,361,887 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $3,146,672 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $3,054,077 | CorporateBondsEOYFMVAmt |
| Other Assets BOY | $11,847 | OtherAssetsBOYAmt |
| Other Assets EOY | $11,344 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $20,738 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $10,599,866 | TotalAssetsBOYAmt |
| Total Assets EOY | $10,595,037 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $12,262,810 | TotalAssetsEOYFMVAmt |
| Grants Payable BOY | $150,000 | GrantsPayableBOYAmt |
| Grants Payable EOY | $50,000 | GrantsPayableEOYAmt |
| Total Liabilities BOY | $150,000 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $50,000 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Capital Stock BOY | $10,449,866 | CapitalStockBOYAmt |
| Capital Stock EOY | $10,545,037 | 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 | $10,449,866 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $10,545,037 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $10,599,866 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $10,595,037 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $10,449,866 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$100,467 | ExcessRevenueOverExpensesAmt |
| Other Increases | $374,265 | OtherIncreasesAmt |
| Subtotal | $10,723,664 | SubtotalAmt |
| Other Decreases | $178,627 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $10,545,037 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (7 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| 1180.99283 VANGUARD S/T INVEST GR-ADM DTD 9/1/09 | P | 2017-04-07 | 2018-01-05 | $12,542 | $12,542 | $0 | $0 |
| 24948.95117 VANGUARD S/T INVEST GR-ADM DTD 9/1/09 | P | 2017-11-01 | 2018-01-05 | $264,958 | $266,291 | -$1,333 | -$1,333 |
| 501.679 VANGUARD S/T INVEST GR-ADM DTD 9/1/09 | P | 2017-12-01 | 2018-08-01 | $5,243 | $5,243 | $0 | $0 |
| 231.27 VANGUARD S/T INVEST GR-ADM DTD 9/1/09 | P | 2018-03-01 | 2018-08-01 | $2,417 | $2,433 | -$16 | -$16 |
| 185.56401 VANGUARD S/T INVEST GR-ADM DTD 9/1/09 | P | 2017-04-07 | 2018-08-01 | $1,939 | $1,939 | $0 | $0 |
| 995.36299 VANGUARD S/T INVEST GR-ADM DTD 9/1/09 | P | 2017-04-07 | 2018-08-01 | $10,402 | $10,596 | -$194 | -$194 |
| CAPITAL GAINS DIVIDENDS | P | $197,023 | $197,023 | $197,023 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $195,480 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | 0 | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $581,020 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $12,677,364 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.045831 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $591,268 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $11,852,982 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.049883 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $562,078 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $12,100,814 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.046450 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $546,848 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $11,805,627 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.046321 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $504,888 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $11,132,600 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.045352 | DistributionYr5Rt |
| Total Distribution | 0.233837 | TotalDistributionRt |
| Average Distribution | 0.046767 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $13,010,565 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $608,465 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $6,276 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $614,741 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $626,267 | 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 | $6,276 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $6,276 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $6,276 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $6,520 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $6,520 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $244 | OverpaymentAmt |
| Applied To ES Tax | $244 | 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 | N/A | WebsiteAddressTxt |
| Individual With Books | MICHELLE LECLAIR | IndividualWithBooksNm |
| Phone | 5184654747 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 20 CORP WOODS BLVD SUITE 600 | AddressLine1Txt |
| City | ALBANY | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 12211 | 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 |
|---|---|---|---|---|---|---|---|---|
| MICHAEL B PICOTTE | ||||||||
| 220 SANFORD AVE | PALM BEACH | FL | 33480 | PRESIDENT | 1.00 | $0 | $0 | $0 |
| MARGARET L PICOTTE | ||||||||
| 220 SANFORD AVE | PALM BEACH | FL | 33480 | VP/TREASURER | 1.00 | $0 | $0 | $0 |
| NICOLE L PICOTTE | ||||||||
| 220 SANFORD AVE | PALM BEACH | FL | 33480 | DIRECTOR | 1.00 | $0 | $0 | $0 |
| JOSEPH M PICOTTE | ||||||||
| 220 SANFORD AVE | PALM BEACH | FL | 33480 | DIRECTOR | 1.00 | $0 | $0 | $0 |
| MICHELLE H PICOTTE | ||||||||
| 220 SANFORD AVE | PALM BEACH | FL | 33480 | DIRECTOR | 1.00 | $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 | $12,568,597 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $619,360 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $20,738 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $13,208,695 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $13,208,695 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $198,130 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $13,010,565 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $650,528 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $650,528 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $6,276 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $6,276 | TotalTaxAmt |
| Distributable Before Adj | $644,252 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $644,252 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $644,252 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $626,267 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $626,267 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $6,276 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $619,991 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $644,252 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $599,795 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $626,267 | QualifyingDistributionsAmt |
| Applied To Year1 | $599,795 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $26,472 | 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 | $617,780 | 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) |
|---|---|---|
| Contributing Manager | MICHAEL B PICOTTE | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (40 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line2RecipientUSAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|---|---|
| THE ALBANY ACADEMIES | ||||||||
| 135 ACADEMY ROAD | ALBANY | NY | 12208 | NONE | PC | ANNUAL FUND | $25,000 | |
| THE AUGUSTINIANS PROVINCE OF ST THOMAS OF VILLANOVA | ||||||||
| 214 ASHWOOD ROAD | VILLANOVA | PA | 19085 | NONE | PC | 2018 GIFT | $25,000 | |
| BIG BROTHERS BIG SISTERS OF THE CAPITAL REGION | ||||||||
| 1698 CENTRAL AVENUE | ALBANY | NY | 12205 | NONE | PC | CAMPUS PROGRAM GRANT | $5,000 | |
| BOYS & GIRLS CLUBS OF PALM BEACH COUNTY | ||||||||
| 800 NORTHPOINT PARKWAY SUITE 204 | WEST PALM BEACH | FL | 334071978 | NONE | PC | SMITH & MOORE TEEN CENTER -BELLE GLADE CAMPAIGN | $5,000 | |
| CAPE ELEUTHERA FOUNDATION | ||||||||
| 745 ATLANTIC AVENUE 8TH FLOOR | BOSTON | MA | 02111 | NONE | PC | 2018 GIFT | $10,000 | |
| THE CAPITAL AREA COUNCIL OF CHURCHES | ||||||||
| 646 STATE STREET | ALBANY | NY | 122031217 | NONE | PC | EMERGENCY OVERFLOW SHELTER | $5,000 | |
| CAPITAL CITY RESCUE MISSION | ||||||||
| 259 SOUTH PEARL STREET | ALBANY | NY | 12202 | NONE | PC | NEW HOME FOR WOMEN CAMPAIGN | $25,000 | |
| CAPITAL REGION YOUTH TENNIS FOUNDATION | ||||||||
| 785 WASHINGTON AVENUE | ALBANY | NY | 12206 | NONE | PC | 15-LOVE PROGRAM | $25,000 | |
| THE CENTER FOR COMMUNITY JUSTICE | ||||||||
| 144 BARRETT STREET | SCHENECTADY | NY | 12305 | NONE | PC | CASA VOLUNTEER EXPANSION | $5,000 | |
| COMMUNITY FOOD CUPBOARD | ||||||||
| PO BOX 864 | MANCHESTER CENTER | VT | 05255 | NONE | PC | 2018 GIFT | $10,000 | |
| COMMUNITY SHARING PROJECT | ||||||||
| PO BOX 263 | DORSET | VT | 05251 | NONE | PC | 2018 GIFT | $5,000 | |
| DANA HALL SCHOOL | ||||||||
| 45 DANA ROAD PO BOX 9010 | WELLESLEY | MA | 024829010 | NONE | PC | 2018 GIFT | $5,000 | |
| THE DORSET EQUINE RESCUE | ||||||||
| PO BOX 92 | EAST DORSET | VT | 05253 | NONE | PC | 2018 GIFT | $2,500 | |
| DORSET THEATRE FESTIVAL | ||||||||
| PO BOX 510 | DORSET | VT | 052510510 | NONE | PC | 2018 GIFT | $5,000 | |
| FEED THE HUNGRY PANTRY OF PALM BEACH COUNTY | ||||||||
| 155TH PLACE NORTH | PALM BEACH GARDENS | FL | 33418 | NONE | PC | FORKLIFT, 2 PALLET JACKS AND GENERAL OPERATIONS | $40,000 | |
| THE MICHAEL B FINNEGAN FOUNDATION THE FIRST TEE | ||||||||
| 7301 N HAVERHILL ROAD | WEST PALM BEACH | FL | 33407 | NONE | PC | 2018 GIFT | $5,000 | |
| THE FOOD PANTRIES | ||||||||
| 32 ESSEX STREET | ALBANY | NY | 12206 | NONE | PC | DELIVERY SERVICES | $10,000 | |
| HABITAT FOR HUMANITY CAPITAL DISTRICT | ||||||||
| 207 SHERIDAN AVENUE | ALBANY | NY | 12210 | NONE | PC | IMPACT PARTNER GIFT | $20,000 | |
| INTERFAITH COUNCIL OF THE NORTHSHIRE | ||||||||
| 398 BONNET STREET | MANCHESTER CENTER | VT | 05255 | NONE | PC | 2018 GIFT | $5,000 | |
| INTERFAITH PARTNERSHIP FOR THE HOMELESS | ||||||||
| 176 SHERIDAN AVENUE | ALBANY | NY | 12210 | NONE | PC | CAPITAL CAMPAIGN | $20,000 | |
| KOINONIA PRIMARY CARE | ||||||||
| 553 CLINTON AVENUE | ALBANY | NY | 12206 | NONE | PC | GENERAL OPERATIONS | $25,000 | |
| LEUKEMIA & LYMPHOMA SOCIETY - PALM BEACH AREA CHAPTER | ||||||||
| 3230 COMMERCE PLACE SUITE B | WEST PALM BEACH | FL | 33407 | NONE | PC | IN MEMORY OF ROBERT LINCOLN | $1,000 | |
| THE MANCHESTER COMMUNITY LIBRARY | ||||||||
| 138 CEMETERY AVENUE ROUTE 7A PO BOX | MANCHESTER CENTER | VT | 05255 | NONE | PC | ANNUAL FUND | $2,500 | 1105 |
| NORTH VALLEY COMMUNITY FOUNDATION | ||||||||
| 240 MAIN STREET SUITE 260 | CHICO | CA | 95928 | NONE | PC | CAMP FIRE RELIEF FUND | $10,000 | |
| NORTHERN RIVERS | ||||||||
| 60 ACADEMY ROAD | ALBANY | NY | 12208 | NONE | PC | BEHAVIORAL HEALTH CARE CENTER PROJECT | $30,000 | |
| PEGGY ADAMS ANIMAL RESCUE LEAGUE | ||||||||
| 3100/3200 N MILITARY TRAIL | WEST PALM BEACH | NY | 33409 | NONE | PC | LESLY S. SMITH PET ADOPTION CENTER | $100,000 | |
| RILEY RINK AT HUNTER PARK | ||||||||
| 410 HUNTER PARK ROAD PO BOX 835 | MANCHESTER CENTER | VT | 05255 | NONE | PC | 2018 GIFT | $2,500 | |
| ROSARIAN ACADEMY | ||||||||
| 807 NORTH FLAGLER DRIVE | WEST PALM BEACH | FL | 33401 | NONE | PC | PICOTTE FAMILY FACULTY DEVELOPMENT FUND | $10,000 | |
| SECOND CHANCE ANIMAL SHELTER | ||||||||
| 1779 VT ROUTE 7A | ARLINGTON | VT | 05250 | NONE | PC | 2018 GIFT | $2,500 | |
| SISTERS OF MERCY | ||||||||
| 15 HIGHLAND VIEW ROAD | CUMBERLAND | RI | 02864 | NONE | PC | RETIREMENT FUND | $10,000 | |
| SOUTHERN VERMONT ARTS CENTER | ||||||||
| PO BOX 617 930 SVAC DRIVE | MANCHESTER | VT | 05254 | NONE | PC | ANNUAL FUND | $5,000 | |
| ST EDWARD CHURCH | ||||||||
| 144 NORTH COUNTY ROAD | PALM BEACH | FL | 33480 | NONE | PC | 2018 GIFT | $15,000 | |
| CHRIST OUR SAVIOR PARISH CHARITABLE TRUST | ||||||||
| 398 BONNET STREET | MANCHESTER CENTER | VT | 05255 | NONE | PC | 2018 GIFT | $15,000 | |
| SUITS FOR SENIORS INC | ||||||||
| 5762 OKEECHOBEE BOULEVARD | WEST PALM BEACH | FL | 33417 | NONE | PC | 2018 GIFT | $10,000 | |
| TOWN OF PALM BEACH UNITED WAY | ||||||||
| 44 COCOANUT ROW M201 | PALM BEACH | FL | 33480 | NONE | PC | TOCQUEVILLE SOCIETY | $10,000 | |
| UNITED CHURCH OF DORSET | ||||||||
| PO BOX 263 | DORSET | VT | 05251 | NONE | PC | 2018 GIFT | $15,000 | |
| VILLAGES OF HOPE INC | ||||||||
| 9078 ISAIAH LANE | PALM BEACH GARDENS | FL | 33418 | NONE | PC | TRANSITIONAL LIVING PROGRAM | $6,000 | |
| THE COMMUNITY FOUNDATION FOR THE GREATER CAPITAL REGION | ||||||||
| 2 TOWER PLACE | ALBANY | NY | 12203 | NONE | PC | MICHAEL AND MARGARET PICOTTE DONOR ADVISED FUND | $24,265 | |
| COMMUNITY FOUNDATION FOR PALM BEACH AND MARTIN COUNTIES | ||||||||
| 700 SOUTH DIXIE HIGHWAY SUITE 200 | WEST PALM BEACH | FL | 33401 | NONE | PC | MORSE HILL FOUNDATION PALM BEACH DONOR ADVISED FUND | $24,265 | |
| THE VERMONT COMMUNITY FOUNDATION | ||||||||
| 3 COURT STREET | MIDDLEBURY | VT | 05753 | NONE | PC | MORSE HILL FOUNDATION VERMONT DONOR ADVISED FUND | $24,265 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $599,795 | 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 | $1,466 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $112,071 | ExclusionAmt |
Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $253,512 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $195,480 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | TAX REFUND | Desc |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $562,529 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $562,529 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | MAZARS USA LLP | CategoryTxt |
| Amt | $1,300 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $1,300 | DisbursementsCharitablePrpsAmt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | VANGUARD SHORT TERM | BondNm |
| EOY Book Value | $3,146,672 | EOYBookValueAmt |
| EOYFMV | $3,054,077 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (6 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| JENSEN LARGE GROWTH | $1,643,463 | $2,358,774 |
| MECHANICAL TECHNOLOGY STOCK | $262,506 | $1,589 |
| MJP INTERNATIONAL FUND | $699,577 | $727,258 |
| MJP LARGE CAP FUND, LLC | $977,211 | $2,202,406 |
| MJP SMALL CAP FUND | $1,163,869 | $1,213,245 |
| SEMPER VIC PARTNERS | $2,263,224 | $2,257,552 |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | KMP PROPERTIES | Desc |
| BOY Book Value | $11,847 | BOYBookValueAmt |
| EOY Book Value | $11,344 | EOYBookValueAmt |
| EOYFMV | $20,738 | EOYFMVAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail (2 entries)
| DescDesc | AmtAmt |
|---|---|
| UNREALIZED ADJUSTMENT | $78,627 |
| DECREASE IN GRANTS PAYABLE | $100,000 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (6 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| NY CHAR500 | $750 | $0 | $750 |
| MJP HOLDINGS | $48,268 | $24,134 | $24,134 |
| LAW JOURNAL | $160 | $0 | $160 |
| FIDUCIARY UNITIZATION | $140 | $140 | $0 |
| MISC EXPENSES | $128 | $0 | $128 |
| INVESTEMENT EXP | $3,583 | $3,583 | $0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (5 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| KMP PROPERTIES LLC | $0 | -$503 | $0 |
| MJP SMALL CAP FUND LLC | $58,523 | $160,468 | $0 |
| MJP LARGE CAP FUND LLC | $90,899 | $101,224 | $0 |
| MJP INTERNATIONAL FUND LLC | $4,090 | $38,316 | $0 |
| SEMPER VIC PARTNERS | $100,000 | $46,934 | $0 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | 2018 CHECKS NOT CLEARED | Desc |
| Amt | $374,265 | Amt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | EXCISE TAXES | CategoryTxt |
| Amt | $8,872 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
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