WESLEY JOSEPH & MARION FAMILY FOUNDATION: Form 990PF, tax year 2017
View the entire original 990 at ProPublica ↗
- Organization
- WESLEY JOSEPH & MARION FAMILY FOUNDATION (EIN 83-0469852)
- Tax period
- 2017-01-01 to 2017-12-31
- Filed
- 2018-05-11
- IRS object ID
- 201841319349101529
- 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 | 2018-05-11T11:29:37-07:00 | ReturnTs |
| Tax Period End | 2017-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 230891050 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Morgan Lewis & Bockius LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1701 Market Street | AddressLine1Txt |
| City | Philadelphia | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 191032921 | 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 | 830469852 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Joseph & Marion Wesley Family Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | JOSE | BusinessNameControlTxt |
| Phone | 2159635599 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | c/o T Kuehn MLB 1701 Market St | AddressLine1Txt |
| City | Philadelphia | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 19103 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Joseph L Wesley Sr | PersonNm |
| Person Title | Trustee | PersonTitleTxt |
| Signature | 2018-05-11 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Tracey Kuehn | PreparerPersonNm |
| PTIN | P01440828 | PTIN |
| Phone | 2159635599 | 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 | $3,345,045 | 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 | $618,878 | ContriRcvdRevAndExpnssAmt |
| Dividends Rev And Expnss | $51,619 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $51,619 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $1,298,552 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $2,101,856 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $1,298,552 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $1,969,049 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $1,350,171 | TotalNetInvstIncmAmt |
| Legal Fees Rev And Expnss | $4,354 | LegalFeesRevAndExpnssAmt |
| Taxes Rev And Expnss | $1,600 | TaxesRevAndExpnssAmt |
| Tot Opr Expenses Rev And Expnss | $5,954 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $0 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $1,390,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $1,390,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,395,954 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $0 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,390,000 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $573,095 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $1,350,171 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $15,831 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $741,646 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $741,646 | SavAndTempCashInvstEOYFMVAmt |
| Other Investments BOY | $2,610,373 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $1,313,319 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $2,603,399 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $2,626,204 | TotalAssetsBOYAmt |
| Total Assets EOY | $2,054,965 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $3,345,045 | TotalAssetsEOYFMVAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Capital Stock BOY | $504,178 | CapitalStockBOYAmt |
| Capital Stock EOY | $504,178 | CapitalStockEOYAmt |
| Retained Earning BOY | $2,122,026 | RetainedEarningBOYAmt |
| Retained Earning EOY | $1,550,787 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $2,626,204 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $2,054,965 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $2,626,204 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $2,054,965 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $2,626,204 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $573,095 | ExcessRevenueOverExpensesAmt |
| Subtotal | $3,199,299 | SubtotalAmt |
| Other Decreases | $1,144,334 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $2,054,965 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (8 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| 23644.687 SHS Vanguard High Yield Corp Fund ADM | P | 2016-01-01 | 2017-12-08 | $139,977 | $133,684 | $6,293 | $6,293 |
| 6364.022 SHS Vanguard Inter-Term Corp Bond Index ADM | P | 2016-01-28 | 2017-12-08 | $150,000 | $144,920 | $5,080 | $5,080 |
| 397.974 SHS Vanguard Dividend Appreciation Index ADM | P | 2013-08-26 | 2017-12-22 | $11,000 | $7,495 | $3,505 | $3,505 |
| 1693.151 SHS Vanguard High Yield Corp Fund ADM | P | 2016-01-01 | 2017-12-08 | $10,023 | $9,600 | $423 | $423 |
| 2325.000 SHS Berkshire Hathaway Inc. | D | 2016-12-13 | 2017-06-15 | $396,819 | $165,961 | $230,858 | $230,858 |
| 4125.000 SHS Microsoft Corp | D | 2016-12-13 | 2017-06-15 | $285,420 | $86,484 | $198,936 | $198,936 |
| 5275.000 SHS US Bancorp Del | D | 2016-12-13 | 2017-06-15 | $278,250 | $114,861 | $163,389 | $163,389 |
| 4566.000 SHS Unitedhealth Group Inc | D | 2016-12-13 | 2017-06-15 | $830,367 | $140,299 | $690,068 | $690,068 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $1,298,552 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $535,000 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $1,592,033 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.33605 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $534,680 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $1,125,936 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.47488 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $632,911 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $941,230 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.67243 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $1,054,086 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $773,807 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 1.36221 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $27,709 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $696,876 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.03976 | DistributionYr5Rt |
| Total Distribution | 2.885324 | TotalDistributionRt |
| Average Distribution | 0.577065 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $2,477,990 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $1,429,961 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $13,502 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $1,443,463 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $1,390,000 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $27,003 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $27,003 | SubtotalAmt |
| Tax Based On Investment Income | $27,003 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $2,173 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $2,173 | TotalPaymentsAndCreditsAmt |
| Tax Due | $24,830 | TaxDueAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | false | Form990TFiledInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | PA | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Jim Schafle | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2159635599 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 645 Pineville Road | AddressLine1Txt |
| City | Newtown | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 18940 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Undistr Incm Sect4942a2 Not App | false | UndistrIncmSect4942a2NotAppInd |
| Business Holdings | false | BusinessHoldingsInd |
| Excess Business Holdings | false | ExcessBusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Transactions Fail To Qlfy As Exc | false | TransactionsFailToQlfyAsExcInd |
| Maintained Expenditure Rspns | false | MaintainedExpenditureRspnsInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Proceeds Or Net Income | false | ProceedsOrNetIncomeInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt |
|---|---|---|---|---|---|---|
| Joseph L Wesley Sr | ||||||
| 1500 S Ocean Boulevard PH2 | Pompano Beach | FL | 33062 | Trustee | 0.00 | $0 |
| Marion M Wesley | ||||||
| 1500 S Ocean Boulevard PH2 | Pompano Beach | FL | 33062 | Trustee | 0.00 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $2,127,803 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $387,923 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $2,515,726 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Adjusted Total FMV Of Unused Ast | $2,515,726 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $37,736 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $2,477,990 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $123,900 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $123,900 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $27,003 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $27,003 | TotalTaxAmt |
| Distributable Before Adj | $96,897 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $96,897 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $96,897 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,390,000 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $1,390,000 | QualifyingDistributionsAmt |
| Adjusted Qualifying Distri | $1,390,000 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $96,897 | DistributableAsAdjustedAmt |
| Excess Distribution Cyov Yr4 | $1,000,075 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $586,027 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $479,023 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $457,502 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $2,522,627 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $1,390,000 | QualifyingDistributionsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $96,897 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $1,293,103 | RemainingDistriFromCorpusAmt |
| Total Corpus | $3,815,730 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $3,815,730 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $1,000,075 | ExcessFromYear4Amt |
| Excess From Year3 | $586,027 | ExcessFromYear3Amt |
| Excess From Year2 | $479,023 | ExcessFromYear2Amt |
| Excess From Year1 | $457,502 | ExcessFromYear1Amt |
| Excess From Current Year | $1,293,103 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | Joseph L Wesley Sr | ContributingManagerNm |
| Contributing Manager | Marion M Wesley | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (7 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| Vita Education Services | |||||||
| 8 East Court Street | Doylestown | PA | 18901 | None | PC | Provide quality literacy and decision making programs to Bucks County adults | $200,000 |
| Jefferson GI Educational Research F | |||||||
| 125 South 9th Street | Philadelphia | PA | 19107 | None | PC | Medical Research | $50,000 |
| Jefferson Heart Institute | |||||||
| Jefferson - 125 South 9th Street | Philadelphia | PA | 19107 | None | PC | Medical Research | $25,000 |
| The Pennington School | |||||||
| 112 W Delaware Avenue | Pennington | NJ | 08534 | None | PC | Construction of Academic Building | $1,000,000 |
| Harrop Neurosurgery Research Educ F | |||||||
| Jefferson - 125 South 9th Street | Philadelphia | PA | 19107 | None | PC | Medical Research | $25,000 |
| Scottsdale Christian Academy | |||||||
| 14400 North Tatum Blvd | Phoenix | AZ | 85032 | None | PC | Contribution to annual Soaring Fund | $25,000 |
| Williamson College of the Trades | |||||||
| 106 S New Middletown Road | Media | PA | 19063 | None | PC | Student Scholarships | $65,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $1,390,000 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $51,619 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $1,298,552 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $1,350,171 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $1,350,171 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | 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 | Joseph L and Marion M Wesley | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1500 S Ocean Boulevard PH2 | AddressLine1Txt |
| City | Pompano Beach | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33062 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $1,625,058 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
| Noncash Contribution | Yes (X) | NoncashContributionInd |
Non Cash Property Contribution NonCashPropertyContributionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Noncash Property | 700 SHS Becton Dickinson & Co; 900 SHS Boeing Co; 1104 SHS Illinois Tool Works; 3600 SHS Microsoft C | NoncashPropertyDesc |
| Fair Market Value | $1,620,704 | FairMarketValueAmt |
| Received | 2017-12-06 | ReceivedDt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Morgan Lewis Fees | CategoryTxt |
| Legal Fees | $4,354 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Adjustment Unrealized Gains included in 2016 contribution | Desc |
| Amt | $1,144,334 | Amt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | 2017 Estimated Tax | CategoryTxt |
| Amt | $1,600 | Amt |
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