BRUNETTI FOUNDATION: Form 990PF, tax year 2017
View the entire original 990 at ProPublica ↗
- Organization
- BRUNETTI FOUNDATION (EIN 23-7346205)
- Tax period
- 2017-01-01 to 2017-12-31
- Filed
- 2018-11-15
- IRS object ID
- 201803199349101350
- Schema version
- 2017v2.3
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Schedule B
- Depreciation Schedule
- Expln Of Non Filing With AG Stmt
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Legal Fees Schedule
- Other Assets Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Liabilities Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2018-11-15T09:06:08-06:00 | ReturnTs |
| Tax Period End | 2017-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 222027092 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WithumSmithBrown PC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 200 Jefferson Park Suite 400 | AddressLine1Txt |
| City | Whippany | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07981 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2017-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 237346205 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE BRUNETTI FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | BRUN | BusinessNameControlTxt |
| Phone | 7326791600 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1655 US HIGHWAY 9 | AddressLine1Txt |
| City | OLD BRIDGE | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 08857 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | John Brunetti | PersonNm |
| Person Title | President & CEO | PersonTitleTxt |
| Phone | 7326791600 | PhoneNum |
| Signature | 2018-11-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Elizabeth Gelson | PreparerPersonNm |
| PTIN | P00671920 | PTIN |
| Phone | 9738989494 | PhoneNum |
| Preparation | 2018-11-14 | PreparationDt |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 148.77.36.74 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2018-11-15 | IPDt |
| IP Tm | 08:50:38 | IPTm |
| IP Timezone | ES | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | BD5669213BD6AD9AF27CD46DE37C78FCC0184F70 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | FB03248700C55E7316312EA5AE12D7916242AABD | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2017 | TaxYr |
| Build TS | 2019-02-21 02:37:17Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $33,249,978 | 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 | $200,000 | ContriRcvdRevAndExpnssAmt |
| Dividends Rev And Expnss | $359,543 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $359,543 | DividendsNetInvstIncmAmt |
| Gross Rents Rev And Expnss | $3,238,467 | GrossRentsRevAndExpnssAmt |
| Gross Rents Net Invst Incm | $3,238,467 | GrossRentsNetInvstIncmAmt |
| Net Rental Income Or Loss | $3,078,419 | NetRentalIncomeOrLossAmt |
| Net Gain Sale Ast Rev And Expnss | $201,458 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $4,634,207 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $201,458 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $3,999,468 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $3,799,468 | 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 | $356,816 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $356,816 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $0 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $4,296 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $4,296 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $0 | LegalFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $364,473 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $364,473 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $160,048 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $160,048 | DeprecAndDpltnNetInvstIncmAmt |
| Other Expenses Rev And Expnss | $1,352,677 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $1,352,677 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $0 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $2,238,310 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $2,238,310 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $1,055,610 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $1,055,610 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $3,293,920 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $2,238,310 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,055,610 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $705,548 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $1,561,158 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $1,310,661 | CashBOYAmt |
| Cash EOY | $576,694 | CashEOYAmt |
| Cash EOYFMV | $576,694 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $234,462 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $193,686 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $193,686 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl | $1,250 | AcctRcvblAmt |
| Acct Rcvbl BOY | $53 | AcctRcvblBOYAmt |
| Acct Rcvbl EOY | $1,250 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $1,250 | AcctRcvblEOYFMVAmt |
| Corporate Stock BOY | $7,243,291 | CorporateStockBOYAmt |
| Corporate Stock EOY | $7,270,933 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $9,466,829 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $448,965 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $1,396,020 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $1,011,519 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $1,309,810 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $0 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $0 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $1,771,871 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $592,593 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $1,277,166 | LandBOYAmt |
| Land EOY | $1,179,278 | LandEOYAmt |
| Land EOYFMV | $22,000,000 | LandEOYFMVAmt |
| Other Assets BOY | $2,985,053 | OtherAssetsBOYAmt |
| Other Assets EOY | $198,803 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $0 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $14,809,461 | TotalAssetsBOYAmt |
| Total Assets EOY | $10,816,664 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $33,249,978 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $228,101 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $49,344 | AccountsPayableEOYAmt |
| Other Liabilities BOY | $746,092 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $1,114,872 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $974,193 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $1,164,216 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Capital Stock BOY | $13,812,344 | CapitalStockBOYAmt |
| Capital Stock EOY | $8,946,900 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $22,924 | RetainedEarningBOYAmt |
| Retained Earning EOY | $705,548 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $13,835,268 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $9,652,448 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $14,809,461 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $10,816,664 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $13,835,268 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $705,548 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $14,540,816 | SubtotalAmt |
| Other Decreases | $4,888,368 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $9,652,448 | 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 |
|---|---|---|---|---|---|---|---|
| JP MORGAN #5083 | P | 2016-06-15 | 2017-07-15 | $2,997,437 | $2,972,298 | $25,139 | $25,139 |
| JP MORGAN #5083 | P | 1998-09-21 | 2017-07-15 | $1,636,770 | $1,460,451 | $176,319 | $176,319 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $201,458 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | 0 | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $1,157,235 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $31,442,978 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.036804 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $484,001 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $9,232,882 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.052421 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $416,140 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $9,012,415 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.046174 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $419,560 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $8,531,507 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.049178 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $373,522 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $7,824,438 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.047738 | DistributionYr5Rt |
| Total Distribution | 0.232315 | TotalDistributionRt |
| Average Distribution | 0.046463 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $32,173,601 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $1,494,882 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $15,612 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $1,510,494 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $1,055,610 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $31,223 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $31,223 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $31,223 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $7,883 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $12,000 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $19,883 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $295 | EsPenaltyAmt |
| Tax Due | $11,635 | 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 | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | NJ | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | 0 | 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 | THE BRUNETTI FOUNDATION | IndividualWithBooksNm |
| Phone | 7326791600 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1655 US HIGHWAY 9 | AddressLine1Txt |
| City | OLD BRIDGE | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 08857 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (2 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 |
|---|---|---|---|---|---|---|---|---|
| JOHN J BRUNETTI | ||||||||
| PO BOX 158 | HIALEAH | FL | 33011 | CEO FOUNDER | 1.00 | $0 | $0 | $0 |
| JOHN J BRUNETTI JR | ||||||||
| 2200 E 4TH AVENUE | HIALEAH | FL | 33011 | PRESIDENT | 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 | $9,466,829 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $1,011,519 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $22,185,206 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $32,663,554 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $32,663,554 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $489,953 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $32,173,601 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $1,608,680 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $1,608,680 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $31,223 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $31,223 | TotalTaxAmt |
| Distributable Before Adj | $1,577,457 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $1,577,457 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $1,577,457 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,055,610 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $1,055,610 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $1,055,610 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $1,577,457 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $395,542 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $1,055,610 | QualifyingDistributionsAmt |
| Applied To Year1 | $395,542 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $660,068 | 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 | $917,389 | 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 | JOHN J BRUNETTI | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CONTRIBUTIONS MADE TO CHARITABLE ENTITIES | BusinessNameLine1Txt |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | SCHEDULE ATTACHED | AddressLine1Txt |
| City | VARIOUS | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 08857 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Foundation Status | PC | RecipientFoundationStatusTxt |
| Grant Or Contribution Purpose | Assist in purpose of charitable organizations. | GrantOrContributionPurposeTxt |
| Amt | $1,055,610 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $1,055,610 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $359,543 | ExclusionAmt |
Net Rntl Incm Re Not Debt Fincd Prop NetRntlIncmReNotDebtFincdProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $3,078,419 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $201,458 | RelatedOrExemptFunctionIncmAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $3,437,962 | ExclusionAmt |
| Related Or Exempt Function Incm | $201,458 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $3,639,420 | TotalIncomeProducingActyAmt |
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Line Number | 1 | LineNumberTxt |
| Relationship Statement | Income provided from rental property for purposes of contributions | RelationshipStatementTxt |
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 (2 entries)
| ContributorContributorNum | Address Line1ContributorUSAddress/AddressLine1Txt | CityContributorUSAddress/CityNm | State AbbreviationContributorUSAddress/StateAbbreviationCd | ZIPContributorUSAddress/ZIPCd | Total ContributionsTotalContributionsAmt | Person ContributionPersonContributionInd |
|---|---|---|---|---|---|---|
| JoAnn H Brunetti | ||||||
| 1 | 3900 Galt Ocean Dr Suite 2701 | Fort Lauderdale | FL | 33308 | $100,000 | Yes (X) |
| Aldercrest Development Corp | ||||||
| 2 | 1655 USHIGHWAY 9 | OLD BRIDGE | NJ | 08857 | $100,000 | Yes (X) |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp (7 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | Cost Or Other BasisCostOrOtherBasisAmt | Computation MethodComputationMethodTxt | Current Year ExpenseCurrentYearExpenseAmt | Net Investment IncomeNetInvestmentIncomeAmt | LifeLifeRt |
|---|---|---|---|---|---|---|
| LAND - DEVELOPED | 2015-12-28 | $320,000 | L | $0 | $0 | |
| BUILDING IMPROVEMENTS | 2015-12-28 | $774,331 | SL | $28,157 | $28,157 | 27.500000000000 |
| FURNITURE AND FIXTURES | 2015-12-28 | $119,895 | 200DB | $34,256 | $17,128 | 7.000000000000 |
| EQUIPMENT RANGES | 2015-12-28 | $30,762 | 200DB | $12,305 | $6,152 | 5.000000000000 |
| BUILDING IMPROVEMENTS | 2016-12-31 | $290,000 | SL | $10,545 | $10,545 | 27.500000000000 |
| FURNITURE AND FIXTURES | 2016-12-31 | $174,721 | 200DB | $49,920 | $24,960 | 7.000000000000 |
| EQUIPMENT RANGES | 2016-12-31 | $62,162 | 200DB | $24,865 | $12,432 | 5.000000000000 |
Expln Of Non Filing With AG Stmt ExplnOfNonFilingWithAGStmt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | STATE REPORTING ONLY IF PUBLIC DONATIONS ARE RECEIVED. ALL DONATIONS TO THE BRUNETTI FOUNDATION ARE RECEIVED FROM FAMILY MEMBERS. | ExplanationTxt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | INVESTMENT CORPORATE BONDS | BondNm |
| EOY Book Value | $1,396,020 | EOYBookValueAmt |
| EOYFMV | $1,011,519 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | INVESTMENT CORPORATE STOCK | StockNm |
| EOY Book Value | $7,270,933 | EOYBookValueAmt |
| EOYFMV | $9,466,829 | EOYFMVAmt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | CategoryTxt |
| Legal Fees | $4,296 | LegalFeesAmt |
| Net Investment Income | $4,296 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (4 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt |
|---|---|---|
| DUE FROM BAL BAY REALTY LTD | $213,408 | |
| DUE FROM JJBCCO | $155,054 | |
| DUE FROM JMG Realty | $2,616,591 | |
| DUE TO FROM FOREST PLACE APTS | $0 | $198,803 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PRIOR PERIOD ADJUSTMENT REVERSAL | Desc |
| Amt | $4,888,368 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (48 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| ADVERTISING | $68,721 | $68,721 | $0 |
| GAS ALLOWANCE | $952 | $952 | $0 |
| COMPUTER PROCESSING | $16,707 | $16,707 | $0 |
| DUES AND SUBSCRIPTIONS | $5,616 | $5,616 | $0 |
| MANAGEMENT FEES | $80,331 | $80,331 | $0 |
| EQUIPMENT RENTAL | $7,453 | $7,453 | $0 |
| OFFICE SUPPLIES | $8,390 | $8,390 | $0 |
| POSTAGE | $2,865 | $2,865 | $0 |
| SUPERINTENDENT EXPENSE | $57,939 | $57,939 | $0 |
| MODEL APARTMENT EXPENSE | $12,900 | $12,900 | $0 |
| TELEPHONE EXPENSE | $26,961 | $26,961 | $0 |
| ELECTRIC EXPENSE | $41,337 | $41,337 | $0 |
| GAS HEAT | $19,502 | $19,502 | $0 |
| WATER | $170,758 | $170,758 | $0 |
| PARKING LOT MAINTENANCE | $1,900 | $1,900 | $0 |
| FIRE ALARM SERVICE | $7,849 | $7,849 | $0 |
| APPLIANCE REPAIRS | $5,568 | $5,568 | $0 |
| CABANA REPAIRS | $8,664 | $8,664 | $0 |
| FITNESS EXPENSE | $18,166 | $18,166 | $0 |
| CARPET EXPENSE | $91,724 | $91,724 | $0 |
| CARPET CLEANING | $4,343 | $4,343 | $0 |
| BACKGROUND CHECK | $3,271 | $3,271 | $0 |
| JANITOR SUPPLIES | $7,601 | $7,601 | $0 |
| ELECTRICAL REPAIRS | $7,838 | $7,838 | $0 |
| ELEVATOR REPAIR | $8,400 | $8,400 | $0 |
| EXTERMINATING | $8,297 | $8,297 | $0 |
| GARBAGE REMOVAL | $39,325 | $39,325 | $0 |
| HVAC REPAIRS | $60,820 | $60,820 | $0 |
| ENTRY GATE SERVICE | $802 | $802 | $0 |
| JANITOR SERVICE | $7,560 | $7,560 | $0 |
| LANDSCAPING | $27,305 | $27,305 | $0 |
| REPAIRS | $49,170 | $49,170 | $0 |
| PAINTING | $25,365 | $25,365 | $0 |
| PAINTING SUPPLIES | $9,611 | $9,611 | $0 |
| REPAIRS COMMON AREA | $56,810 | $56,810 | $0 |
| TILE REPAIRS | $6,289 | $6,289 | $0 |
| PLASTER REPAIR | $35,370 | $35,370 | $0 |
| PLUMBING REPAIRS | $53,641 | $53,641 | $0 |
| OTHER REPAIRS | $422 | $422 | $0 |
| SECURITY SERVICES | $56,878 | $56,878 | $0 |
| SECURITY LOCKS | $6,496 | $6,496 | $0 |
| UNIFORM RENTAL | $3,165 | $3,165 | $0 |
| WINDOW REPAIR | $11,578 | $11,578 | $0 |
| LICENSE AND FEES | $3,561 | $3,561 | $0 |
| HAZARD INSURANCE | $91,197 | $91,197 | $0 |
| BANK CHARGE | $556 | $556 | $0 |
| PROFESSIONAL FEES | $30,590 | $30,590 | $0 |
| KITCHEN CABINETS | $82,113 | $82,113 | $0 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail (6 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt |
|---|---|---|
| DUE TO BAL BAY MANAGEMENT | $507,123 | $0 |
| DUE TO HIALEAH INC | $64,000 | $0 |
| DUE TO JJB INVESTMENT | $10,000 | $0 |
| RENTS RECEIVED IN ADVANCE | $5,359 | $3,597 |
| TENANTS SECURITY DEPOSITS | $159,610 | $171,275 |
| DUE TO FROM FOREST PLACE | $0 | $940,000 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (6 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| FLORIDA TANGIBLE TAX | $6,545 | $6,545 | $0 |
| PAYROLL TAXES | $73,264 | $73,264 | $0 |
| FL ANNUAL REPORT | $144 | $144 | $0 |
| REAL ESTATE TAX | $280,803 | $280,803 | $0 |
| FOREIGN TAX WH BF | $3,691 | $3,691 | $0 |
| NJ ANNUAL REPORT BF | $26 | $26 | $0 |