EVELYN V MCPHERSON FOUNDATION INC: Form 990PF, tax year 2017
View the entire original 990 at ProPublica ↗
- Organization
- EVELYN V MCPHERSON FOUNDATION INC (EIN 41-2061167)
- Tax period
- 2017-01-01 to 2017-12-31
- Filed
- 2018-07-02
- IRS object ID
- 201811839349100311
- Schema version
- 2017v2.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Schedule B
- Accounting Fees Schedule
- Depreciation Schedule
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Land Schedule2
- Investments Other Schedule2
- Legal Fees Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2018-07-02T12:30:00-05:00 | ReturnTs |
| Tax Period End | 2017-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 263968745 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Walton Rahal CPAs | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2101 NW Boca Raton Blvd Ste 5 | AddressLine1Txt |
| City | Boca Raton | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 334317498 | 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 | 412061167 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Evelyn V McPherson Foundation Inc | BusinessNameLine1Txt |
| Business Name Line2 | John J Raymond Jr President | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | EVEL | BusinessNameControlTxt |
| Phone | 5616598660 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 251 Royal Palm Way Suite 215 | AddressLine1Txt |
| City | Palm Beach | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33480 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | John J Raymond Jr | PersonNm |
| Person Title | Trustee | PersonTitleTxt |
| Phone | 5616598660 | PhoneNum |
| Signature | 2018-06-22 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | R Keith Walton CPA | PreparerPersonNm |
| PTIN | P00292360 | PTIN |
| Phone | 5613956653 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2017 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $7,840,047 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $45,900 | ContriRcvdRevAndExpnssAmt |
| Dividends Rev And Expnss | $242,787 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $242,787 | DividendsNetInvstIncmAmt |
| Gross Rents Rev And Expnss | $4,250 | GrossRentsRevAndExpnssAmt |
| Gross Rents Net Invst Incm | $4,250 | GrossRentsNetInvstIncmAmt |
| Net Rental Income Or Loss | -$35,750 | NetRentalIncomeOrLossAmt |
| Net Gain Sale Ast Rev And Expnss | $31,619 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $883,869 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $31,619 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $1,239 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $1,239 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $325,795 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $279,895 | 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 |
| Legal Fees Rev And Expnss | $43,970 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $32,978 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $10,992 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $14,224 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $10,668 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $3,556 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $33,943 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $25,457 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $8,486 | OtherProfFeesDsbrsChrtblAmt |
| Interest Rev And Expnss | $27,140 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $20,355 | InterestNetInvstIncmAmt |
| Interest Dsbrs Chrtbl | $6,785 | InterestDsbrsChrtblAmt |
| Taxes Rev And Expnss | $490 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $490 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $40,000 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $40,000 | DeprecAndDpltnNetInvstIncmAmt |
| Occupancy Rev And Expnss | $15,576 | OccupancyRevAndExpnssAmt |
| Occupancy Net Invst Incm | $11,682 | OccupancyNetInvstIncmAmt |
| Occupancy Dsbrs Chrtbl | $3,894 | OccupancyDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $4,398 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $3,301 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $1,097 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $179,741 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $144,931 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $34,810 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $308,495 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $308,495 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $488,236 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $144,931 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $343,305 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$162,441 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $134,964 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $93,545 | CashBOYAmt |
| Cash EOY | $78,295 | CashEOYAmt |
| Cash EOYFMV | $78,295 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $99,307 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $307,597 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $307,597 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl | $4,375 | AcctRcvblAmt |
| Acct Rcvbl EOY | $4,375 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $4,375 | AcctRcvblEOYFMVAmt |
| Prepaid Expenses BOY | $9,000 | PrepaidExpensesBOYAmt |
| Prepaid Expenses EOY | $8,270 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $8,270 | PrepaidExpensesEOYFMVAmt |
| Corporate Stock BOY | $1,846,802 | CorporateStockBOYAmt |
| Corporate Stock EOY | $1,703,602 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $2,364,068 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $1,188,214 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $1,146,565 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $1,132,936 | CorporateBondsEOYFMVAmt |
| Invst Land Cost Or Other Basis | $200,000 | InvstLandCostOrOtherBasisAmt |
| Invst Land Accum Depreciation | $80,000 | InvstLandAccumDepreciationAmt |
| Land Bldg Investments BOY | $160,000 | LandBldgInvestmentsBOYAmt |
| Land Bldg Investments EOY | $120,000 | LandBldgInvestmentsEOYAmt |
| Land Bldg Investments EOYFMV | $120,000 | LandBldgInvestmentsEOYFMVAmt |
| Other Investments BOY | $3,738,402 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $3,824,506 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $3,824,506 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $7,135,270 | TotalAssetsBOYAmt |
| Total Assets EOY | $7,193,210 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $7,840,047 | TotalAssetsEOYFMVAmt |
| Other Liabilities BOY | $2,056,596 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $2,329,107 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $2,056,596 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $2,329,107 | TotalLiabilitiesEOYAmt |
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
| Unrestricted BOY | $5,078,674 | UnrestrictedBOYAmt |
| Unrestricted EOY | $4,864,103 | UnrestrictedEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $5,078,674 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $4,864,103 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $7,135,270 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $7,193,210 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $5,078,674 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$162,441 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $4,916,233 | SubtotalAmt |
| Other Decreases | $52,130 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $4,864,103 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (19 entries)
| PropertyPropertyDesc | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | How AcquiredHowAcquiredCd | AcquiredAcquiredDt |
|---|---|---|---|---|---|---|---|
| 100,000 Berkshire Hathaway Inc. 1.9% | 2017-01-31 | $100,000 | $102,969 | -$2,969 | -$2,969 | ||
| 40 Cisco Sys Inc Com | 2017-03-01 | $1,364 | $865 | $499 | $499 | ||
| 20 Cintas Corp | 2017-03-01 | $2,377 | $1,660 | $717 | $717 | ||
| 8 Advansix Inc | 2017-06-09 | $245 | $117 | $128 | $128 | ||
| 200 CVS Health Corporation | 2017-06-09 | $15,776 | $18,632 | -$2,856 | -$2,856 | ||
| 200 Foot Locker Inc | 2017-06-09 | $10,888 | $11,123 | -$235 | -$235 | ||
| 800 Ford Motor Company | 2017-06-09 | $8,852 | $10,687 | -$1,835 | -$1,835 | ||
| 125 Gilead Sciences Inc Com | 2017-06-09 | $8,103 | $12,460 | -$4,357 | -$4,357 | ||
| 250 Hormel Foods Corp | 2017-06-09 | $8,670 | $9,862 | -$1,192 | -$1,192 | ||
| 275 Kroger Co Com | 2017-06-09 | $8,446 | $10,272 | -$1,826 | -$1,826 | ||
| 75 O'Reily Automotive Inc | 2017-06-09 | $17,411 | $19,290 | -$1,879 | -$1,879 | ||
| 150 Tractor Supply Co | 2017-06-09 | $8,531 | $13,370 | -$4,839 | -$4,839 | ||
| 75 Universal Health Services Inc | 2017-06-09 | $8,498 | $9,362 | -$864 | -$864 | ||
| 50 General Electric Co | 2017-06-19 | $1,437 | $1,199 | $238 | $238 | ||
| 300 iShares MSCI EAFE EFT | 2017-06-19 | $19,977 | $19,318 | $659 | $659 | ||
| 20 O'Reily Automotive Inc | 2017-06-19 | $4,599 | $4,985 | -$386 | -$386 | ||
| 50,000 Goldman Sachs 6.25% of 9/1/17 | 2017-09-01 | $50,000 | $46,660 | $3,340 | $3,340 | ||
| 718.122 Baird Intermediate Bd Fd | 2017-10-27 | $7,942 | $8,000 | -$58 | -$58 | ||
| 215 Cortez, LLC | 2017-07-27 | $600,753 | $551,419 | $49,334 | $49,334 | P | 2016-02-18 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $31,619 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | 0 | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $415,702 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $3,519,575 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.118111 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $331,393 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $3,778,060 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.087715 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $400,683 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $3,976,418 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.100765 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $424,575 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $4,332,047 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.098008 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $367,955 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $4,833,840 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.076121 | DistributionYr5Rt |
| Total Distribution | 0.480720 | TotalDistributionRt |
| Average Distribution | 0.096144 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $3,627,793 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $348,791 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $1,350 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $350,141 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $343,305 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $2,699 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $2,699 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $2,699 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $8,210 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $8,210 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $5,511 | OverpaymentAmt |
| Applied To ES Tax | $5,511 | 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 | 0 | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | FL | 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 | R Keith Walton CPA | IndividualWithBooksNm |
| Phone | 5613956653 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2101 NW Boca Raton Blvd Ste 5 | AddressLine1Txt |
| City | Boca Raton | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 334317498 | 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 (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 |
|---|---|---|---|---|---|---|---|---|
| John J Raymond | ||||||||
| 251 Royal Palm Way Ste 215 | Palm Beach | FL | 33480 | President | 5.00 | $0 | $0 | $0 |
| R Keith Walton | ||||||||
| 2101 NW Boca Raton Blvd Ste 5 | Boca Raton | FL | 33431 | Treasurer | 1.00 | $0 | $0 | $0 |
| Connie McKenzie | ||||||||
| 251 Royal Palm Way Ste 215 | Palm Beach | FL | 33480 | Secretary | 1.00 | $0 | $0 | $0 |
| Beverlee Miller Raymond | ||||||||
| 251 Royal Palm Way Ste 215 | Palm Beach | FL | 33480 | Director | 1.00 | $0 | $0 | $0 |
| Brenda McAdam | ||||||||
| 251 Royal Palm Way Ste 215 | 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 | $3,385,667 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $297,372 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $3,683,039 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $3,683,039 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $55,246 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $3,627,793 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $181,390 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $181,390 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $2,699 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $2,699 | TotalTaxAmt |
| Distributable Before Adj | $178,691 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $178,691 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $178,691 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $343,305 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $343,305 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $343,305 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $178,691 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $132,099 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $219,931 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $214,260 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $198,879 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $241,173 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $1,006,342 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $343,305 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $178,691 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $164,614 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $1,170,956 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $132,099 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $1,038,857 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $219,931 | ExcessFromYear4Amt |
| Excess From Year3 | $214,260 | ExcessFromYear3Amt |
| Excess From Year2 | $198,879 | ExcessFromYear2Amt |
| Excess From Year1 | $241,173 | ExcessFromYear1Amt |
| Excess From Current Year | $164,614 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (29 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line2RecipientUSAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|---|
| Boys and Girl Club of Palm Beach County | |||||||
| 800 Northpoint Parkway Suite 204 | West Palm Beach | FL | 33407 | 501(c)(3) | unrestricted donations | $20,070 | |
| Center for Autism & Related Disorders | |||||||
| 5301 N Federal Hwy Ste 380 Office | Boca Raton | FL | 33487 | 501(c)(3) | unrestricted donations | $5,000 | 10 |
| Chamber of Music Society of Palm Beach | |||||||
| 125 Worth Avenue Suite 330 | Palm Beach | FL | 33480 | 501(c)(3) | unrestricted donations | $28,000 | |
| Delray String Quartet | |||||||
| 525 East Atlantic Ave | Delray Beach | FL | 33483 | 501(c)(3) | unrestricted donations | $5,000 | |
| Florida Youth Challenge Academy | |||||||
| 5629 Florida 16 | Starke | FL | 32091 | 501(c)(3) | unrestricted donations | $5,000 | |
| Goya Foods of Florida | |||||||
| 1900 NW 92nd Ave | Miami | FL | 33172 | 501(c)(3) | unrestricted donations | $47,807 | |
| Grandma's Place Shelter | |||||||
| 184 Sparrow Drive | Royal Palm Beach | FL | 33411 | 501(c)(3) | unrestricted donations | $150 | |
| New Hope Charities | |||||||
| 7450 State Road 15 | Pahokee | FL | 33476 | 501(c)(3) | unrestricted donations | $125 | |
| Nova Southeastern University | |||||||
| 3301 College Ave | Fort Lauderdale | FL | 33314 | 501(a) | unrestricted donations | $40,913 | |
| Palm Beach County Food Bank | |||||||
| 525 Gator Drive | Lantana | FL | 33462 | 501(c)(3) | unrestricted donations | $100 | |
| Palm Beach Habilitation Center | |||||||
| 4522 South Congress Ave | Lake Worth | FL | 33461 | 501(c)(3) | unrestricted donations | $717 | |
| Palm Beach Opera | |||||||
| 415 S Olive Ave | West Palm Beach | FL | 33401 | 501(c)(3) | unrestricted donations | $1,533 | |
| Palm Beach Symphony | |||||||
| 44 Cocoanut Row M207b | Palm Beach | FL | 33480 | 501(c)(3) | unrestricted donations | $1,300 | |
| Paralegal Association of Florida Inc | |||||||
| 466 94th Ave North | St Petersburg | FL | 33702 | 501(c)(3) | unrestricted donations | $2,885 | |
| Ronald McDonald House of Central Florida | |||||||
| 1030 N Orange Ave Suite 105 | Orlando | FL | 32801 | 501(c)(3) | unrestricted donations | $5,000 | |
| Southside Hospital | |||||||
| 301 East Main Street | Bay Shore | NY | 11706 | 501(c)(3) | unrestricted donations | $10,000 | |
| St Juliana Catholic Church | |||||||
| 4500 S Dixie Hwy | West Palm Beach | FL | 33405 | 501(c)(3) | unrestricted donations | $15,000 | |
| The Glades Project | |||||||
| 125 Worth Avenue Suite 330 | Palm Beach | FL | 33480 | 501(c)(3) | unrestricted donations | $49,059 | |
| The Morgan Center | |||||||
| PO Box 333 | Brightwaters | NY | 11718 | 501(c)(3) | unrestricted donations | $5,000 | |
| The Soup Kitchen of Boynton Beach | |||||||
| 8645 W Boynton Beach Blvd | Boynton Beach | FL | 33472 | 501(c)(3) | unrestricted donations | $2,500 | |
| The Volen Center | |||||||
| 1515 West Palmetto Park Road | Boca Raton | FL | 33486 | 501(c)(3) | unrestricted donations | $10,000 | |
| Wounded Warrior Project | |||||||
| 4899 Belfort Road | Jacksonville | FL | 33256 | 501(c)(3) | unrestricted donations | $6,000 | |
| Dominican Sisters of Mary Mother | |||||||
| 4597 Warren Road | Ann Arbor | MI | 48105 | 501(c)(3) | unrestricted donations | $10,000 | |
| Heal Foundation | |||||||
| PO Box 140 | Ponte Vedra Beach | FL | 32004 | 501(c)(3) | unrestricted donations | $500 | |
| Hungy Village Baptist Church | |||||||
| 900 Brandywine Road | West Palm Beach | FL | 33409 | 501(c)(3) | unrestricted donations | $20,000 | |
| Importex | |||||||
| 1240 West 13th Street Bay 2 | Riviera Beach | FL | 33404 | 501(c)(3) | unrestricted donations | $2,436 | |
| Regina High School | |||||||
| 13900 Masonic Blvd | Warren | MI | 48088 | 501(c)(3) | unrestricted donations | $5,000 | |
| The Victory Center | |||||||
| 18900 NE 25th Ave | North Miami Beach | FL | 33180 | 501(c)(3) | unrestricted donations | $7,500 | |
| The Ability Experience | |||||||
| 2015 Ayrsley Town Blvd Ste 200 | Charlotte | NC | 28273 | 501(c)(3) | unrestricted donations | $1,900 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $308,495 | 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 | $242,787 | ExclusionAmt |
Net Rental Income Personal Prop NetRentalIncomePersonalPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business | 532420 | BusinessCd |
| Unrelated Business Taxbl Incm | -$35,750 | UnrelatedBusinessTaxblIncmAmt |
Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $1,239 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $31,619 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | -$35,750 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $275,645 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $239,895 | 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 |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Contributor Person | Tina Fanjul | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1161 North Lake Way | AddressLine1Txt |
| City | Palm Beach | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33480 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $16,450 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Professional fees | CategoryTxt |
| Amt | $14,224 | Amt |
| Net Investment Income | $10,668 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $3,556 | DisbursementsCharitablePrpsAmt |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | Equipment | PropertyDesc |
| Acquired | 2016-01-01 | AcquiredDt |
| Cost Or Other Basis | $200,000 | CostOrOtherBasisAmt |
| Prior Year Depreciation | $40,000 | PriorYearDepreciationAmt |
| Computation Method | SL | ComputationMethodTxt |
| Life | 5.000000000000 | LifeRt |
| Current Year Expense | $40,000 | CurrentYearExpenseAmt |
| Net Investment Income | $40,000 | NetInvestmentIncomeAmt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | PNC Bank N.A. as nominee | BondNm |
| EOY Book Value | $1,146,565 | EOYBookValueAmt |
| EOYFMV | $1,132,936 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | PNC Bank N.A. as nominee | StockNm |
| EOY Book Value | $1,703,602 | EOYBookValueAmt |
| EOYFMV | $2,364,068 | EOYFMVAmt |
Investments Land Schedule2 InvestmentsLandSchedule2
Investment Land InvestmentLandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | Equipment | CategoryOrItemTxt |
| Cost Or Other Basis | $200,000 | CostOrOtherBasisAmt |
| Accumulated Depreciation | $80,000 | AccumulatedDepreciationAmt |
| Book Value | $120,000 | BookValueAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (9 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| 204 RPW LLC- 25% interest | AT COST | $295,000 | $295,000 |
| North Carolina property | AT COST | $284,494 | $284,494 |
| Note Receivable - Toscano | AT COST | $1,578,947 | $1,578,947 |
| Note Receivable - R. Scalesse | AT COST | $48,000 | $48,000 |
| Note Receivable - Delwest Venture, LLC | AT COST | $150,000 | $150,000 |
| Due from Hartzog | AT COST | $90,000 | $90,000 |
| Palm Beach RE LLC | AT COST | $223,962 | $223,962 |
| Note Receivable - ARE E.L. Trust | AT COST | $664,103 | $664,103 |
| Note Receivable - 355 Oakview | AT COST | $490,000 | $490,000 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Legal | CategoryTxt |
| Legal Fees | $43,970 | LegalFeesAmt |
| Net Investment Income | $32,978 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $10,992 | DisbursementsCharitablePrpsAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail (2 entries)
| DescDesc | AmtAmt |
|---|---|
| Life Insurance Premiums | $51,400 |
| Federal taxes | $730 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| Office expense | $3,593 | $2,697 | $896 |
| Bank fees | $805 | $604 | $201 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Palm Beach RE, LLC | Desc |
| Revenue And Expenses Per Books | $1,239 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $1,239 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $1,239 | AdjustedNetIncomeAmt |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail (4 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt |
|---|---|---|
| PNC line of credit | $2,054,658 | $1,611,981 |
| Interest payable to ASKK | $1,938 | $0 |
| Due to ASKK | $0 | $493,441 |
| E.L. Trust reserve | $0 | $223,685 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Assets under management fee | CategoryTxt |
| Amt | $33,943 | Amt |
| Net Investment Income | $25,457 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $8,486 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Other taxes | CategoryTxt |
| Amt | $490 | Amt |
| Net Investment Income | $490 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
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