THE SUMMIT FOUNDATION A NJ NONPROFIT CORPORATION: Form 990, tax year 2017
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- Organization
- THE SUMMIT FOUNDATION A NJ NONPROFIT CORPORATION (EIN 22-1948007)
- Tax period
- 2017-01-01 to 2017-12-31
- Filed
- 2018-05-10
- IRS object ID
- 201821309349303457
- 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 ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2018-05-10T15:16:23-05:00 | ReturnTs |
| Tax Period End | 2017-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 223604710 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JAMES M WOOD CPA | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 603B OMNI DRIVE | AddressLine1Txt |
| City | HILLSBOROUGH | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 08844 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2017-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 221948007 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SUMMIT AREA PUBLIC FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | SUMM | BusinessNameControlTxt |
| Phone | 9082731212 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 867 | AddressLine1Txt |
| City | SUMMIT | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 079020867 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JOHN COOPER | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 9082731212 | PhoneNum |
| Signature | 2018-05-10 | SignatureDt |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JAMES M WOOD | PreparerPersonNm |
| PTIN | P00310420 | PTIN |
| Phone | 9084311700 | PhoneNum |
| Preparation | 2018-05-09 | PreparationDt |
| Self Employed | Yes (X) | SelfEmployedInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2017 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | JOHN COOPER | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 867 | AddressLine1Txt |
| City | SUMMIT | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 079020867 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $18,138,035 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.SAPFNJ.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1972 | FormationYr |
| Legal Domicile State | NJ | LegalDomicileStateCd |
| Activity Or Mission | THE SUMMIT AREA PUBLIC FOUNDATION (THE FOUNDATION) IS A NONPROFIT CORPORATION LOCATED IN SUMMIT, NEW JERSEY. ITS PURPOSE IS TO FOSTER PHILANTHROPY AND SERVE THE PUBLIC CHARITABLE, EDUCATIONAL OR BENEVOLENT NEEDS OF THE REGION. | ActivityOrMissionDesc |
| Voting Members Governing Body | 20 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 20 | VotingMembersIndependentCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Total Volunteers | 20 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $375,474 | PYContributionsGrantsAmt |
| CY Contributions Grants | $331,054 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $0 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| PY Investment Income | $571,843 | PYInvestmentIncomeAmt |
| CY Investment Income | $3,789,060 | CYInvestmentIncomeAmt |
| PY Other Revenue | $0 | PYOtherRevenueAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $947,317 | PYTotalRevenueAmt |
| CY Total Revenue | $4,120,114 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $713,513 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $1,311,274 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $0 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $0 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $7,002 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $95,904 | PYOtherExpensesAmt |
| CY Other Expenses | $111,479 | CYOtherExpensesAmt |
| PY Total Expenses | $809,417 | PYTotalExpensesAmt |
| CY Total Expenses | $1,422,753 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $137,900 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $2,697,361 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $16,203,833 | TotalAssetsBOYAmt |
| Total Assets EOY | $17,335,720 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $16,203,833 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $17,335,720 | NetAssetsOrFundBalancesEOYAmt |
| Mission | SUMMIT AREA PUBLIC FOUNDATION IS A TAX-EXEMPT COMMUNITY FOUNDATION THAT FOSTERS PHILANTHROPY IN THE GREATER SUMMIT NJ AREA. THE FOUNDATION USES COMPETITIVE GRANTS AND THE WISHES OF DONORS TO MEET THE NEEDS OF THE COMMUNITY. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $1,311,274 | ExpenseAmt |
| Grant | $1,311,274 | GrantAmt |
| Desc | $556,523 GRANTED TO 38 NONPROFIT ORGANIZATIONS PURSUANT TO A RIGOROUS APPLICATION REVIEW PROCESS.$49,520 AWARDED IN SCHOLARSHIPS TO 30 STUDENT RECIPIENTS. $705,231 TO OVER 30 NONPROFIT AGENCIES THROUGH OVER 15 DONOR-ADVISED OR PASS-THROUGH FUNDS ADMINISTERED BY THE FOUNDATION. THESE INCLUDE $399,535 FOR BUILDING AND RENOVATION OF SUMMIT COMMUNITY CENTER AND $163,152 FOR THE REDESIGN OF SUMMIT'S WASHINGTON SCHOOL LIBRARY. | Desc |
| Total Program Service Expenses | $1,311,274 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | Yes (1) | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Temp Or Permanent Endowments | Yes (1) | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | 0 | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | 0 | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | 0 | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | 0 | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | Yes (1) | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | 0 | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 1 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 0 | EmployeeCnt |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 20 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 20 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | 0 | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | 0 | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | NJ | StatesWhereCopyOfReturnIsFldCd |
| Own Website | Yes (X) | OwnWebsiteInd |
| Other Website | Yes (X) | OtherWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | KATIE WILLIAMS | PersonNm |
| Phone | 9084008756 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 26 LINDEN PLACE | AddressLine1Txt |
| City | SUMMIT | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07901 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| No Listed Persons Compensated | Yes (X) | NoListedPersonsCompensatedInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (20 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt |
|---|---|---|---|---|---|---|
| JOHN COOPER | ||||||
| PRESIDENT | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| DAVID DIETZE | ||||||
| VICE PRESIDENT | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| REAGAN BURKHOLDER | ||||||
| SECRETARY | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| DANA TURK | ||||||
| TREASURER | 3.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| CELINE BENET | ||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |
| SANDRA BLOOM | ||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |
| LYLE BREHM | ||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |
| BARBARA BUNTING | ||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |
| CELIA COLBERT | ||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |
| MEG FALLIN DIETRICH | ||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |
| AMY EVERETT DISIBIO | ||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |
| EUGENE FOX | ||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |
| LEAH GRIFFITH | ||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |
| CARY HARDY | ||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |
| JULIE KEENAN | ||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |
| ERIC LEGOFF | ||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |
| SANDRA LIZZA | ||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |
| FRANK MACIOCE | ||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |
| ROBERT MORIARTY | ||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |
| GREGORY SACHS | ||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $0 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $0 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 0 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | 0 | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
| Cntrct Rcvd Greater Than100 K | 0 | CntrctRcvdGreaterThan100KCnt |
| All Other Contributions | $331,054 | AllOtherContributionsAmt |
| Noncash Contributions | $78,010 | NoncashContributionsAmt |
| Total Contributions | $331,054 | TotalContributionsAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $454,175 | TotalRevenueColumnAmt |
| Exclusion | $454,175 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $17,352,806 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $14,017,921 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $3,334,885 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $3,334,885 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $3,334,885 | RelatedOrExemptFuncIncomeAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $4,120,114 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $3,334,885 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $454,175 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,261,754 | TotalAmt |
| Program Services | $1,261,754 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $49,520 | TotalAmt |
| Program Services | $49,520 | ProgramServicesAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $22,441 | TotalAmt |
| Management And General | $22,441 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $78,469 | TotalAmt |
| Management And General | $78,469 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,902 | TotalAmt |
| Fundraising | $1,902 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $261 | TotalAmt |
| Management And General | $129 | ManagementAndGeneralAmt |
| Fundraising | $132 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,171 | TotalAmt |
| Management And General | $2,171 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | FundraisingFundraisingAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| COMPUTER FEES | $3,310 | $3,310 | |
| DUES | $1,037 | $1,037 | |
| MEETINGS | $1,012 | $1,012 | |
| BANK FEES | $848 | $621 | $227 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $28 | TotalAmt |
| Management And General | $28 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,422,753 | TotalAmt |
| Program Services | $1,311,274 | ProgramServicesAmt |
| Management And General | $104,477 | ManagementAndGeneralAmt |
| Fundraising | $7,002 | FundraisingAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $527,723 | BOYAmt |
| EOY | $575,008 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $15,676,110 | BOYAmt |
| EOY | $16,724,012 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $36,700 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $16,203,833 | BOYAmt |
| EOY | $17,335,720 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,771,229 | BOYAmt |
| EOY | $6,406,150 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,291,545 | BOYAmt |
| EOY | $6,788,511 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,141,059 | BOYAmt |
| EOY | $4,141,059 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $16,203,833 | BOYAmt |
| EOY | $17,335,720 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $16,203,833 | BOYAmt |
| EOY | $17,335,720 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $2,697,361 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$1,565,474 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Other | Yes (X) | MethodOfAccountingOtherInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | 0 | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $217,443 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $444,353 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $238,209 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $375,474 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $331,054 | CurrentTaxYearAmt |
| Total | $1,606,533 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $217,443 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $444,353 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $238,209 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $375,474 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $331,054 | CurrentTaxYearAmt |
| Total | $1,606,533 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total170 | $1,606,533 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $376,351 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $435,883 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $413,073 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $406,733 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $454,175 | CurrentTaxYearAmt |
| Total | $2,086,215 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $3,692,748 | TotalSupportAmt |
| Public Support CY170 | 0.43510 | PublicSupportCY170Pct |
| Public Support PY170 | 0.42900 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Donor Advised Funds Held | 23 | DonorAdvisedFundsHeldCnt |
| Funds And Other Accounts Held | 6 | FundsAndOtherAccountsHeldCnt |
| Donor Advised Funds Contri | $64,854 | DonorAdvisedFundsContriAmt |
| Funds And Other Accounts Contri | $181,746 | FundsAndOtherAccountsContriAmt |
| Donor Advised Funds Grants | $267,525 | DonorAdvisedFundsGrantsAmt |
| Funds And Other Accounts Grants | $473,229 | FundsAndOtherAccountsGrantsAmt |
| Donor Advised Funds Vl EOY | $1,779,370 | DonorAdvisedFundsVlEOYAmt |
| Funds And Other Accounts Vl EOY | $219,136 | FundsAndOtherAccountsVlEOYAmt |
| Disclosed Org Leg Ctrl | 0 | DisclosedOrgLegCtrlInd |
| Disclosed For Charitable Prps | 0 | DisclosedForCharitablePrpsInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $8,267,830 | BeginningYearBalanceAmt |
| Contributions | $6,824 | ContributionsAmt |
| Investment Earnings Or Losses | $1,162,210 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $318,049 | GrantsOrScholarshipsAmt |
| Administrative Expenses | $86,512 | AdministrativeExpensesAmt |
| End Year Balance | $9,032,303 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.01000 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.46000 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.53000 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
| Total Book Value Land Buildings | $0 | TotalBookValueLandBuildingsAmt |
| Total Rev Etc Audited Fincl Stmt | $2,554,640 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | -$1,565,474 | NetUnrealizedGainsInvstAmt |
| Revenue Not Reported | -$1,565,474 | RevenueNotReportedAmt |
| Revenue Subtotal | $4,120,114 | RevenueSubtotalAmt |
| Revenue Not Reported Fincl Stmt | $0 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $4,120,114 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $1,422,753 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Not Reported | $0 | ExpensesNotReportedAmt |
| Expenses Subtotal | $1,422,753 | ExpensesSubtotalAmt |
| Expenses Not Rpt Fincl Stmt | $0 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $1,422,753 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART V, LINE 4: | FormAndLineReferenceDesc |
| Explanation | TO PROVIDE FUNDING FOR CERTAIN ACTIVITIES, GRANTS AND SCHOLARSHIPS IN PERPETUITY. | ExplanationTxt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | 0 | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (33 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Purpose Of GrantPurposeOfGrantTxt | Address Line2USAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|---|---|
| BOYS & GIRLS CLUBS OF UNION COUNTY | ||||||||
| 1050 JEANETTE AVENUE | UNION | NJ | 07083 | 221641962 | 501(C)(3) | $10,000 | POSITIVE ACTION PROGRAM | |
| BRIDGES | ||||||||
| PO BOX 1444 | SUMMIT | NJ | 07901 | 223190141 | 501(C)(3) | $16,500 | PROGRAMS FOR SUMMIT'S DISADVANTAGED | |
| CALVARY CHURCH | ||||||||
| 31 WOODLAND | SUMMIT | NJ | 07901 | 221487555 | 501(C)(3) | $5,000 | KNEELERS FOR CHURCH PEWS | |
| CASA | ||||||||
| ALBENDER BUILDING 1143-45 EAST | ELIZABETH | NJ | 07201 | 202603930 | 501(C)(3) | $20,000 | PEER COORDINATOR INITIATIVE | JERSEY STREET |
| CHILDREN'S SPECIALIZED FOUNDATION | ||||||||
| 150 NEW PROVIDENCE ROAD | MOUNTAINSIDE | NJ | 07092 | 136844298 | 501(C)(3) | $30,000 | PRIMARY CARE EXPANSION | |
| CITY OF SUMMIT | ||||||||
| 512 SPRINGFIELD AVENUE | SUMMIT | NJ | 07901 | 226002329 | $399,530 | HOMETOWN HEROES PROJECT | ||
| CIVICSTORY ART NEWS | ||||||||
| PO BOX 76 | SUMMIT | NJ | 07901 | 364740151 | 501(C)(3) | $7,100 | VIDEO BROADCAST & ASSESSMENT | |
| COMMUNITY FOODBANK OF NJ | ||||||||
| 31 EVANS TERMINAL | HILLSIDE | NJ | 07205 | 222423882 | 501(C)(3) | $32,000 | BACK PACK PROGRAM, DIAPERS & FOOD RELIEF | |
| CONTINUO ARTS FUND | ||||||||
| 70 MAPLE ST | SUMMIT | NJ | 07901 | 651320288 | 501(C)(3) | $16,295 | SENIORS SING & YOUTH SCHOLARSHIPS | |
| CUREMONOS | ||||||||
| 1053 BELAIR CT | MOUNTAINSIDE | NJ | 070922132 | 270319634 | 501(C)(3) | $20,000 | BREAST CANCER EDUCATION EDUCATION & SUPPORT | |
| FAMILY PROMISE INC | ||||||||
| 71 SUMMIT AVENUE | SUMMIT | NJ | 07901 | 521591461 | 501(C)(3) | $30,000 | HOMELESSNESS PREVENTION & REHOUSING | |
| FOUNDATION FOR MORRISTOWN MEDICAL CENTER | ||||||||
| 475 SOUTH ST | MORRISTOWN | NJ | 07960 | 223392808 | 501(C)(3) | $13,750 | SOCIAL SKILLS GROUP FOR AUTISM CENTER | |
| GOOD GRIEF INC | ||||||||
| 38 ELM STREET | MORRISTOWN | NJ | 07960 | 200514996 | 501(C)(3) | $15,000 | PEER SUPPORT | |
| GREAT SWAMP WATERSHED ASSOCIATION | ||||||||
| PO BOX 300 | NEW VERNON | NJ | 07960 | 222403906 | 501(C)(3) | $10,000 | ENVIRONMENTAL EDUCATION & WATER QUALITY PROGRAMS | |
| IMAGINE A CENTER FOR COPING WITH LOSS | ||||||||
| 244 SHEFFIELD ST | MOUNTAINSIDE | NJ | 07902 | 453606502 | 501(C)(3) | $17,500 | PEER SUPPORT | |
| LITERACY NJ | ||||||||
| 121-125 CHESTNUT STREET SUITE 203 | ROSELLE | NJ | 07203 | 521146384 | 501(C)(3) | $10,000 | ESL TUTORING PROGRAM | |
| MATHENY SCHOOL & HOSPITAL | ||||||||
| 65 HIGHLAND AVENUE | FAR HILLS | NJ | 07931 | 221482276 | 501(C)(3) | $8,000 | ARTS ACCESS PROGRAM FOR DISABLED | |
| OUR HOUSE FOUNDATION | ||||||||
| 76 FLORAL AVE | MURRAY HILL | NJ | 079741511 | 222856145 | 501(C)(3) | $18,250 | RENOVATE BATHROOM & NEW FLOORING | |
| OVERLOOK FOUNDATION | ||||||||
| P O BOX 220 36 UPPER OVERLOOK ROAD | SUMMIT | NJ | 07902 | 510194054 | 501(C)(3) | $10,000 | MOBILITY PROGRAM | |
| PAPER MILL PLAYHOUSE | ||||||||
| 22 BROOKSIDE DRIVE | MILLBURN | NJ | 07041 | 221550515 | 501(C)(3) | $5,000 | SPECIAL NEEDS ARTS PROGRAMS | |
| PG CHAMBERS SCHOOL | ||||||||
| 15 HALKO DR | CEDAR KNOLLS | NJ | 079271306 | 221551480 | 501(C)(3) | $20,000 | EARLY INTERVENTION PROGRAM | |
| REEVES REED ARBORETUM | ||||||||
| 165 HOBART AVENUE | SUMMIT | NJ | 07901 | 237335987 | 501(C)(3) | $10,250 | SCHOOL CURRICULUM FOR GARDEN PROJECT | |
| SHIP | ||||||||
| PO BOX 581 | SUMMIT | NJ | 07901 | 521772620 | 501(C)(3) | $5,500 | FREEZER PURCHASE | |
| STEPS TOGETHER | ||||||||
| PO BOX 5773 | HILLSBOROUGH | NJ | 08844 | 461943410 | 501(C)(3) | $10,000 | SUPPORTING FAMILIES FACING A MEDICAL CRISIS; COVER THE COSTS OF TREATMENTS AND PRESCRIPTIONS NOT COVERED BY INSURANCE. | |
| SUMMIT BOARD OF EDUCATION | ||||||||
| 14 BEEKMAN TERRACE | SUMMIT | NJ | 07901 | 226002333 | $163,152 | VARIOUS PROJECTS | ||
| SUMMIT FREE PUBLIC LIBRARY | ||||||||
| 75 MAPLE STREET | SUMMIT | NJ | 07901 | 463873518 | $5,500 | SENIOR COURSES ON LITERATURE, HISTORY, ART & MUSIC | ||
| SUMMIT INTERFAITH COUNCIL | ||||||||
| 70 MAPLE STREET | SUMMIT | NJ | 079016506 | 822980565 | 501(C)(3) | $18,900 | ANTI-RACISM TRAINING | |
| SUMMIT PARK LINE FOUNDATION | ||||||||
| 53 CARDINAL DR | WESTFIELD | NJ | 070901020 | 473753496 | 501(C)(3) | $35,000 | PEDESTRIAN LINEAR PARK | |
| SUMMIT PERFORMING ARTS | ||||||||
| PO BOX 462 | SUMMIT | NJ | 07901 | 364579175 | 501(C)(3) | $6,150 | ELEMENTARY SCHOOL THEATER PROGRAMS | |
| SUMMIT SPEECH SCHOOL | ||||||||
| EM KIRBY CENTER 705 CENTRAL AVENUE | NEW PROVIDENCE | NJ | 07974 | 221829502 | 501(C)(3) | $35,000 | INFANT-PARENT PROGRAM | |
| SUMMIT YMCA | ||||||||
| 490 MORRIS AVENUE | SUMMIT | NJ | 07901 | 221487392 | 501(C)(3) | $20,000 | THE LEARNING CIRCLE SCHOLARSHIPS | |
| THE CONNECTION FOR WOMEN AND FAMILIES | ||||||||
| 79 MAPLE STREET | SUMMIT | NJ | 079012517 | 221489919 | 501(C)(3) | $5,500 | PROGRAMS FOR CHILDREN WITH DISABILITIES | |
| YMCA CAMP MASON | ||||||||
| 23 BIRCH RIDGE ROAD | HARDWICK | NJ | 07825 | 221625643 | 501(C)(3) | $6,750 | CAMP EXPERIENCE/PEP | |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | EDUCATION SCHOLARSHIPS | GrantTypeTxt |
| Recipient | 30 | RecipientCnt |
| Cash Grant | $49,520 | CashGrantAmt |
Schedule L IRS990ScheduleL
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp
Name Of Interested NameOfInterested
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BRAVE ASSET MANAGEMENT | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship Description | FAMILY | RelationshipDescriptionTxt |
| Transaction | $38,983 | TransactionAmt |
| Transaction | INVESTMENT ADVISOR FEES - DAVID BUNTING, HUSBAND OF TRUSTEE BARBARA BUNTING, IS A PARTNER WITH BRAVE ASSET MANAGEMENT, ONE OF TWO INVESTMENT MANAGERS OF SUMMIT AREA PUBLIC FOUNDATION DURING 2017. BARBARA BUNTING DOES NOT PARTICIPATE IN INVESTMENT DECISIONS. INVESTMENT FEES ARE WITH INDUSTRY STANDARDS. | TransactionDesc |
| Sharing Of Revenues | 0 | SharingOfRevenuesInd |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 10 | ContributionCnt |
| Noncash Contributions Rpt F990 | $78,010 | NoncashContributionsRptF990Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | 0 | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | 0 | ThirdPartiesUsedInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION B, LINE 11B | A COPY OF THE 990 IS CIRCULATED ELECTRONICALLY TO ALL BOARD MEMBERS FOR REVIEW PRIOR TO FILING. |
| FORM 990, PART VI, SECTION B, LINE 12C | BOARD MEMBERS COMPLETE AN ANNUAL QUESTIONNAIRE. |
| FORM 990, PART VI, SECTION C, LINE 19 | FORM 990 IS AVAILABLE TO THE PUBLIC ON WWW.GUIDESTAR.ORG. GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE ON REQUEST. |
| FORM 990, PART XII, LINE 1: | THE ORGANIZATION USES THE MODIFIED CASH BASIS OF ACCOUNTING. |
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