BETA

SUZANNE BENNETT CHARITABLE FOUNDATION INC: Form 990PF, tax year 2017

View the entire original 990 at ProPublica ↗

Organization
SUZANNE BENNETT CHARITABLE FOUNDATION INC (EIN 46-1192399)
Tax period
2017-01-01 to 2017-12-31
Filed
2018-05-09
IRS object ID
201831299349100528
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

FieldValueIRS element (for citing)
Return2018-05-09T08:23:15-07:00ReturnTs
Tax Period End2017-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN043403268PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Cody Cody & McCarthy LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1One Pine Hill Drive Suite 501AddressLine1Txt
CityQuincyCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02169ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2017-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN461192399EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1SUZANNE BENNETT CHARITABLEBusinessNameLine1Txt
Business Name Line2FOUNDATION INCBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlSUZABusinessNameControlTxt
Phone6174725151PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1C/O CodyCodyMcCarthy1 Pine HillAddressLine1Txt
CityQUINCYCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02169ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMICHAEL T CODYPersonNm
Person TitlePresidentPersonTitleTxt
Signature2018-05-09SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMichael T CodyPreparerPersonNm
PTINP01300962PTIN
Phone6174725151PhoneNum
FieldValueIRS element (for citing)
Tax2017TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$767,142FMVAssetsEOYAmt
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$23,467DividendsRevAndExpnssAmt
Dividends Net Invst Incm$23,467DividendsNetInvstIncmAmt
Dividends Adj Net Incm$23,467DividendsAdjNetIncmAmt
Net Gain Sale Ast Rev And Expnss$25,132NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$989,753GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$25,132CapGainNetIncmNetInvstIncmAmt
Net ST Capital Gain Adj Net Incm$6,549NetSTCapitalGainAdjNetIncmAmt
Total Rev And Expnss$48,599TotalRevAndExpnssAmt
Total Net Invst Incm$48,599TotalNetInvstIncmAmt
Total Adj Net Incm$30,016TotalAdjNetIncmAmt
Legal Fees Rev And Expnss$13,560LegalFeesRevAndExpnssAmt
Legal Fees Net Invst Incm$10,170LegalFeesNetInvstIncmAmt
Other Prof Fees Rev And Expnss$12,886OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm$12,886OtherProfFeesNetInvstIncmAmt
Taxes Rev And Expnss$170TaxesRevAndExpnssAmt
Taxes Net Invst Incm$170TaxesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss$26,616TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$23,226TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$35,365ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$35,365ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$61,981TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$23,226TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$35,365TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$13,382ExcessRevenueOverExpensesAmt
Net Investment Income$25,373NetInvestmentIncomeAmt
Adjusted Net Income$30,016AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$23,523CashBOYAmt
Cash EOY$44,993CashEOYAmt
Cash EOYFMV$44,993CashEOYFMVAmt
Other Investments BOY$726,331OtherInvestmentsBOYAmt
Other Investments EOY$691,966OtherInvestmentsEOYAmt
Other Investments EOYFMV$722,149OtherInvestmentsEOYFMVAmt
Total Assets BOY$749,854TotalAssetsBOYAmt
Total Assets EOY$736,959TotalAssetsEOYAmt
Total Assets EOYFMV$767,142TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind
Unrestricted BOY$749,854UnrestrictedBOYAmt
Unrestricted EOY$736,959UnrestrictedEOYAmt
Tot Net Ast Or Fund Balances BOY$749,854TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$736,959TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$749,854TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$736,959TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$749,854TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$13,382ExcessRevenueOverExpensesAmt
Other Increases$487OtherIncreasesAmt
Subtotal$736,959SubtotalAmt
Tot Net Ast Or Fund Balances EOY$736,959TotNetAstOrFundBalancesEOYAmt

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
SCHWAB #4V 6927-7709 S/TP2017-01-012017-12-31$320,288$313,739$6,549$6,549
Schwab #4V 6927-7709 L/TP2016-01-012017-12-31$663,167$650,882$12,285$12,285
Capital Gain Dividends$6,298
FieldValueIRS element (for citing)
Capital Gain Net Income$25,132CapitalGainNetIncomeAmt
Net Short Term Capital Gain Loss$6,549NetShortTermCapitalGainLossAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$36,466AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$750,505NetVlNoncharitableAssetsYr1Amt
Distribution Yr10.04859DistributionYr1Rt
Adjusted Qlfy Distri Yr2$42,742AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$783,593NetVlNoncharitableAssetsYr2Amt
Distribution Yr20.05455DistributionYr2Rt
Adjusted Qlfy Distri Yr3$34,140AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$794,325NetVlNoncharitableAssetsYr3Amt
Distribution Yr30.04298DistributionYr3Rt
Adjusted Qlfy Distri Yr4$3,928AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4$692,894NetVlNoncharitableAssetsYr4Amt
Distribution Yr40.00567DistributionYr4Rt
Net Vl Noncharitable Assets Yr5$83,037NetVlNoncharitableAssetsYr5Amt
Total Distribution0.151784TotalDistributionRt
Average Distribution0.030357AverageDistributionRt
Net Vl Noncharitable Assets$743,257NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$22,563AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct$254NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$22,817AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$35,365QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Domestic Org Meeting Sect4940eYes (X)DomesticOrgMeetingSect4940eInd
Investment Income Excise Tax$254InvestmentIncomeExciseTaxAmt
Subtotal$254SubtotalAmt
Tax Based On Investment Income$254TaxBasedOnInvestmentIncomeAmt
Tax Due$254TaxDueAmt

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
Form990 T FiledfalseForm990TFiledInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateMAOrgReportOrRegisterStateCd
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 AddressN/AWebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1CO Cody Cody & McCarthy LLCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone6174725151PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line11 PINE HILL DRIVE SUITE 501AddressLine1Txt
CityQUINCYCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02169ZIPCd
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
Acts Fail To Qlfy As ExceptionsfalseActsFailToQlfyAsExceptionsInd
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
Undistributed Income PYfalseUndistributedIncomePYInd
Undistr Incm Sect4942a2 Not AppfalseUndistrIncmSect4942a2NotAppInd
Business HoldingsfalseBusinessHoldingsInd
Excess Business HoldingsfalseExcessBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Transactions Fail To Qlfy As ExcfalseTransactionsFailToQlfyAsExcInd
Maintained Expenditure RspnsfalseMaintainedExpenditureRspnsInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Proceeds Or Net IncomefalseProceedsOrNetIncomeInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (7 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmt
MICHAEL T CODY
1 PINE HILL DRIVE SUITE 501QUINCYMA02169President1.00$0
MICHAEL T CODY
1 PINE HILL DRIVE SUITE 501QUINCYMA02169Treasurer1.00$0
JAMIE NADEAU CODY
1 PINE HILL DRIVE SUITE 501QUINCYMA02169Clerk1.00$0
MICHAEL T CODY
1 PINE HILL DRIVE SUITE 501QUINCYMA02169Director1.00$0
JAMIE NADEAU CODY
1 PINE HILL DRIVE SUITE 501QUINCYMA02169Director1.00$0
JANET DRISCOLL
128 South Pickens StreetLakevilleMA02347Director1.00$0
PATRICK DONOVAN
16 Rebecca RoadAssonetMA02702Director1.00$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$714,641AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$39,935AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$754,576TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$754,576AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$11,319CashDeemedCharitableAmt
Net Vl Noncharitable Assets$743,257NetVlNoncharitableAssetsAmt
Minimum Investment Return$37,163MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$37,163MinimumInvestmentReturnAmt
Tax Based On Investment Income$254TaxBasedOnInvestmentIncomeAmt
Total Tax$254TotalTaxAmt
Distributable Before Adj$36,909DistributableBeforeAdjAmt
Distributable Before Ded$36,909DistributableBeforeDedAmt
Distributable As Adjusted$36,909DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$35,365ExpensesAndContributionsAmt
Qualifying Distributions$35,365QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm$254PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri$35,111AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$36,909DistributableAsAdjustedAmt
Undistributed Income PY$35,319UndistributedIncomePYAmt
Qualifying Distributions$35,365QualifyingDistributionsAmt
Applied To Year1$35,319AppliedToYear1Amt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$46AppliedToCurrentYearAmt
Undistributed Income CY$36,863UndistributedIncomeCYAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (7 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
EASTER SEALS
484 Main Street 600WorcesterMA01608NONEGeneral use$1,000
PWSA
8588 Potter Park Dr Suite 500SarasotaFL34238NONEGeneral use$2,500
ERIC C JOHNSON MEMORIAL SCHOL
89 Dr Braley RoadEast FreetownMA02717NONEGeneral Use$2,500
PLAYWORKS
67 KEMBLE STREET SUITE 3BOSTONMA02119NONEGENERAL USE$3,500
APPONEQUET REGIONAL HS
100 HOWLAND ROADLAKEVILLEMA02347NONEPURCHASE OF VAN$24,505
CYSTIC FIBROSIS
4550 MONTGOMERY AVE SUITE 1100NBETHESDAMD20814NONEGENERAL USE$500
BRIDGEWATER CHARITABLE
756 ORCHARD STREETRAYNHAMMA02767NONEGENERAL USE$860
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$35,365TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Exclusion1ExclusionCd
Exclusion$23,467ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion$6,298ExclusionAmt
Related Or Exempt Function Incm$18,834RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$29,765ExclusionAmt
Related Or Exempt Function Incm$18,834RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$48,599TotalIncomeProducingActyAmt

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

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp

FieldValueIRS element (for citing)
CategoryLEGAL FEESCategoryTxt
Legal Fees$13,560LegalFeesAmt
Net Investment Income$10,170NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$0DisbursementsCharitablePrpsAmt

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail (2 entries)

DescDescAmtAmt
DIVIDENDS/ST GAINS 2016,2018 ADJUSTMENTS$386
FOREIGN TAX WITHELD IN 2018 FOR 2017$101

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)

CategoryCategoryTxtAmtAmtNet Investment IncomeNetInvestmentIncomeAmtAdjusted Net IncomeAdjustedNetIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
PRW WEALTH MANAGEMENT$4,020$4,020$0$0
SCHWAB$8,866$8,866$0$0

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (3 entries)

CategoryCategoryTxtAmtAmtNet Investment IncomeNetInvestmentIncomeAmt
Federal$34$34
FOREIGN INCOME TAX$101$101
State Form PC$35$35

Comments

Anonymous: no account or email. Up to 2,000 characters, at most one link. Comments are checked automatically; some wait for review.