BETA

LANBRO FOUNDATION TR: Form 990PF, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
LANBRO FOUNDATION TR (EIN 35-6876236)
Tax period
2023-12-01 to 2024-11-30
Filed
2025-02-03
IRS object ID
202530349349100603
Schema version
2023v6.0
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)
Return2025-02-03T08:54:03-05:00ReturnTs
Tax Period End2024-11-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN461126561PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1GDS TAX SERVICES INCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1232 MADISON AVENUE STE 902AddressLine1Txt
CityNew YorkCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10016ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2023-12-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN356876236EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1LANBRO FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlLANBBusinessNameControlTxt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1CO HENNESSY 10 GOAT ISLANDAddressLine1Txt
CitySheldonCityNm
State AbbreviationSCStateAbbreviationCd
ZIP29941ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonLISA HENNESSYPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone2125998160PhoneNum
Signature2025-02-06SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonTHOMAS V CASSERLY CPAPreparerPersonNm
PTINP01328093PTIN
Phone2125998160PhoneNum
Preparation2025-02-03PreparationDt
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$218,177FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Dividends Rev And Expnss$8,276DividendsRevAndExpnssAmt
Dividends Net Invst Incm$8,276DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$9,492NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$22,837GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$9,492CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$17,768TotalRevAndExpnssAmt
Total Net Invst Incm$17,768TotalNetInvstIncmAmt
Accounting Fees Rev And Expnss$6,890AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$6,890AccountingFeesNetInvstIncmAmt
Taxes Rev And Expnss$245TaxesRevAndExpnssAmt
Taxes Net Invst Incm$245TaxesNetInvstIncmAmt
Other Expenses Rev And Expnss$4,286OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$4,286OtherExpensesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss$11,421TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$11,421TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$26,436ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$26,436ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$37,857TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$11,421TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$26,436TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$20,089ExcessRevenueOverExpensesAmt
Net Investment Income$6,347NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$20,884CashBOYAmt
Cash EOY$9,084CashEOYAmt
Cash EOYFMV$9,084CashEOYFMVAmt
US Government Obligations BOY$34,889USGovernmentObligationsBOYAmt
US Government Obligations EOY$29,871USGovernmentObligationsEOYAmt
US Govt Obligations EOYFMV$28,535USGovtObligationsEOYFMVAmt
Corporate Stock BOY$146,231CorporateStockBOYAmt
Corporate Stock EOY$142,189CorporateStockEOYAmt
Corporate Stock EOYFMV$180,558CorporateStockEOYFMVAmt
Total Assets BOY$202,004TotalAssetsBOYAmt
Total Assets EOY$181,144TotalAssetsEOYAmt
Total Assets EOYFMV$218,177TotalAssetsEOYFMVAmt
Loans From Officers BOY$771LoansFromOfficersBOYAmt
Total Liabilities BOY$771TotalLiabilitiesBOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY$201,233NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY$181,144NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY$201,233TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$181,144TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$202,004TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$181,144TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$201,233TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$20,089ExcessRevenueOverExpensesAmt
Subtotal$181,144SubtotalAmt
Tot Net Ast Or Fund Balances EOY$181,144TotNetAstOrFundBalancesEOYAmt

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
PROCTER AND GAMBLEP2013-09-232024-09-06$17,625$7,875$9,750$9,750
SOLVENTRUMP2013-05-022024-05-15$448$463-$15-$15
US TREASURY BONDP2017-09-182024-08-16$4,764$5,007-$243-$243
FieldValueIRS element (for citing)
Capital Gain Net Income$9,492CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$88InvestmentIncomeExciseTaxAmt
Tax Under Section511$0TaxUnderSection511Amt
Subtotal$88SubtotalAmt
Subtitle A Tax$0SubtitleATaxAmt
Tax Based On Investment Income$88TaxBasedOnInvestmentIncomeAmt
Tax Due$88TaxDueAmt

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
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateNYOrgReportOrRegisterStateCd
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 AddressNAWebsiteAddressTxt
Individual With BooksLISA HENNESSYIndividualWithBooksNm
Phone2125998160PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1CO GDS FINANCIAL 232 MADISONAddressLine1Txt
CityNew YorkCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10016ZIPCd
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 PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
Undistributed Income PYfalseUndistributedIncomePYInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp

FieldValueIRS element (for citing)
PersonLISA HENNESSYPersonNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1CO GDS FINANCIAL 232 MADISONAddressLine1Txt
CityNew YorkCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10016ZIPCd
FieldValueIRS element (for citing)
TitleTRUSTEETitleTxt
Average Hrs Per Wk Devoted To Pos1.00AverageHrsPerWkDevotedToPosRt
Compensation$0CompensationAmt
Employee Benefit Program$0EmployeeBenefitProgramAmt
Expense Account Other Allwnc$0ExpenseAccountOtherAllwncAmt
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Other Employee Paid Over50k0OtherEmployeePaidOver50kCnt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

FieldValueIRS element (for citing)
Description1BEDFORD HISTORICAL SOCIETYDescription1Txt
Expenses1$11,175Expenses1Amt
Description2ST MATTHEWS CHURCHDescription2Txt
Expenses2$5,710Expenses2Amt
Description3SHELDON BOYS AND GIRLS CLUBDescription3Txt
Expenses3$1,606Expenses3Amt
Description413 HANDS EQUINE RESCUEDescription4Txt
Expenses4$1,906Expenses4Amt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$172,211AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$42,930AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$215,141TotalFMVOfUnusedAssetsAmt
Acquisition Indebtedness$0AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast$215,141AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$3,227CashDeemedCharitableAmt
Net Vl Noncharitable Assets$211,914NetVlNoncharitableAssetsAmt
Minimum Investment Return$10,596MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$10,596MinimumInvestmentReturnAmt
Tax Based On Investment Income$88TaxBasedOnInvestmentIncomeAmt
Total Tax$88TotalTaxAmt
Distributable Before Adj$10,508DistributableBeforeAdjAmt
Distributable Before Ded$10,508DistributableBeforeDedAmt
Distributable As Adjusted$10,508DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$26,436ExpensesAndContributionsAmt
Qualifying Distributions$26,436QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$10,508DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$50,369ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$15,275ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$39,226ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$23,556ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$22,145ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$150,571TotalExcessDistributionCyovAmt
Qualifying Distributions$26,436QualifyingDistributionsAmt
Applied To Current Year$10,508AppliedToCurrentYearAmt
Remaining Distri From Corpus$15,928RemainingDistriFromCorpusAmt
Total Corpus$166,499TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$50,369ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$116,130ExcessDistriCyovToNextYrAmt
Excess From Year4$15,275ExcessFromYear4Amt
Excess From Year3$39,226ExcessFromYear3Amt
Excess From Year2$23,556ExcessFromYear2Amt
Excess From Year1$22,145ExcessFromYear1Amt
Excess From Current Year$15,928ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerPETER AND LISA HENNESSYContributingManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (21 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
BEDFORD GARDENS
PO BOX 732BedfordNY10506SUPPORT TO GARDENING$1,200
ST MATTHEWS CHURCH
PO BOX 732BedfordNY10506ASSIST WITH PARISH NEEDS$5,710
PARISH OF ST HELENA
507 NEWCASTLE STBeaufortSC29902ASSIST WITH PARISH NEEDS$100
BRUNSWICK SCHOOL
100 MAHLERGreenwichCT06830ACADEMIC PROGRAMS$250
13 HANDS EQUINE RESCUE
PO BOX 313Bedford HillsNY10507RESCUES ABUSED HORSES$1,906
HARWICH CONSERVATION TRUST
PO BOX 101South HarwichMA02661PRESERVATION OF NATURAL LANDS$250
BEDFORD HISTORICAL SOCIETY
612 OLD POST ROADBedfordNY10506PRESERVE HISTORICAL$11,175
BEDFORD RIDING LANES
PO BOX 178BedfordNY10506MAINTAIN RIDING TRAILS$515
GRTA
PO BOX 1403GreenwichCT06836TO MAINTAIN AND PRESERVE RIDING TRAILS$800
NORTH SALEM BRIDLE TRAILS
PO BOX 585North SalemNY10560MAINTENANCE OF RIDING TRAILS$200
SHELDON BOYS AND GIRLS CLUB
21 AGNES MAJOR ROADSheldonSC29941YOUTH ORGANIZATION CENTER$1,606
PAN MASS CHALLENGE
77 4TH AVENUENeedham HeightsMA02494FUNDRAISING FOR DANA FARBER CANCER INSTITUTE$154
KIEVE WAVUS
PO BOX 169NobleboroME04555EMPOWER YOUTH TO CONTRIBUTE TO SOCIETY$100
GOLDEN BRIDGE HOUNDS
67 BAXTER RDNorth SalemNY10560MAINTAINS TRAILS$700
CCALS
17 CHASE RD250FalmouthMA02540ASSIST FAMILIES IMPACTED BY ALS$250
BEST FRIENDS LIFESAVING CENTER
307 W BROADWAYNew YorkNY10013SAVE LIVES OF HOMELESS PETS$88
MCCARTHY CARE CENTER
73 SERVICE ROADEast SandwichMA02537ASSIST WITH HOSPICE NEEDS$500
COLBY SAWYER COLLEGE
541 MAIN STREETLincolnNH03251ACADEMIC PURPOSES$100
CAPE PLAYHOUSE
820 MAIN STREETDennisMA02638SUPPORT FOR THEATER NEEDS$407
CHATHAM ORPHEUM
637 MAIN STREETChathamMA02633SUPPORT TO COMMUNITY MOVIE THEATER$325
CHATHAM GARDENS
PO BOX 524North ChathamMA02650MAINTAINS GARDENS$100
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$26,436TotalGrantOrContriPdDurYrAmt
Total Grant Or Contri Apprv Fut$0TotalGrantOrContriApprvFutAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion$8,276ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion$9,492ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$17,768ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$17,768TotalIncomeProducingActyAmt

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

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryACCOUNTING FEESCategoryTxt
Amt$6,890Amt
Net Investment Income$6,890NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$0DisbursementsCharitablePrpsAmt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

FieldValueIRS element (for citing)
StockCORPORATE STOCKStockNm
EOY Book Value$142,189EOYBookValueAmt
EOYFMV$180,558EOYFMVAmt

Investments Govt Obligations Sch InvestmentsGovtObligationsSch

FieldValueIRS element (for citing)
US Govt Obligations Book Vl EOY$29,871USGovtObligationsBookVlEOYAmt
US Govt Obligations EOYFMV$28,535USGovtObligationsEOYFMVAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmtAdjusted Net IncomeAdjustedNetIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
BROKER FEES$3,427$3,427$0$0
TRAVEL$859$859$0$0

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryFEDERAL TAXESCategoryTxt
Amt$245Amt
Net Investment Income$245NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$0DisbursementsCharitablePrpsAmt

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