MICHAEL & MARGARET PICOTTE FOUNDATION INC: Form 990PF, tax year 2017
View the entire original 990 at ProPublica ↗
- Organization
- MICHAEL & MARGARET PICOTTE FOUNDATION INC (EIN 06-1307349)
- Tax period
- 2017-01-01 to 2017-12-31
- Filed
- 2018-05-14
- IRS object ID
- 201841349349100849
- 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
- Accounting Fees Schedule
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2018-05-14T09:52:16-05:00 | ReturnTs |
| Tax Period End | 2017-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 131459550 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MAZARS USA LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 135 WEST 50TH STREET | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 100200002 | 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 | 061307349 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MICHAEL AND MARGARET PICOTTE | BusinessNameLine1Txt |
| Business Name Line2 | FOUNDATION | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | MICH | BusinessNameControlTxt |
| Phone | 5184654747 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 20 CORPORATE WOODS BLVD NO 600 | AddressLine1Txt |
| City | ALBANY | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 12211 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MICHAEL PICOTTE | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 5184654747 | PhoneNum |
| Signature | 2018-05-14 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | ISRAEL TANNENBAUM | PreparerPersonNm |
| PTIN | P01589203 | PTIN |
| Phone | 2128127000 | 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 | $3,807,693 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $329 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $329 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $89,632 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $89,632 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $156,649 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $626,185 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $156,649 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $412 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $412 | OtherIncomeNetInvstIncmAmt |
| Other Income Adj Net Incm | $0 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | $247,022 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $247,022 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $0 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Adj Net Incm | $0 | CompOfcrDirTrstAdjNetIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $1,200 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $600 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $600 | AccountingFeesChrtblPrpsAmt |
| Taxes Rev And Expnss | $216 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $216 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $0 | TaxesAdjNetIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $4,567 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $3,192 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $0 | OtherExpensesAdjNetIncmAmt |
| Other Expenses Dsbrs Chrtbl | $1,375 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $5,983 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $4,008 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $1,975 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $170,500 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $170,500 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $176,483 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $4,008 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $172,475 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $70,539 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $243,014 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $31,824 | CashBOYAmt |
| Cash EOY | $189,537 | CashEOYAmt |
| Cash EOYFMV | $189,537 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $64,204 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $29,493 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $29,493 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $2,133,801 | CorporateStockBOYAmt |
| Corporate Stock EOY | $1,706,877 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $2,594,672 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $536,425 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $1,002,347 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $993,991 | CorporateBondsEOYFMVAmt |
| Total Assets BOY | $2,766,254 | TotalAssetsBOYAmt |
| Total Assets EOY | $2,928,254 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $3,807,693 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Capital Stock BOY | $2,766,254 | CapitalStockBOYAmt |
| Capital Stock EOY | $2,928,254 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $0 | RetainedEarningBOYAmt |
| Retained Earning EOY | $0 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $2,766,254 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $2,928,254 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $2,766,254 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $2,928,254 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $2,766,254 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $70,539 | ExcessRevenueOverExpensesAmt |
| Other Increases | $91,461 | OtherIncreasesAmt |
| Subtotal | $2,928,254 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $2,928,254 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (37 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| VANGUARD DIVIDEND GROWTH INV | P | 2016-03-16 | 2017-01-18 | $550 | $522 | $28 | $28 |
| VANGUARD DIVIDEND GROWTH INV | P | 2016-03-16 | 2017-01-18 | $1,362 | $1,293 | $69 | $69 |
| VANGUARD DIVIDEND GROWTH INV | P | 2016-06-16 | 2017-01-18 | $4,211 | $4,074 | $137 | $137 |
| VANGUARD DIVIDEND GROWTH INV | P | 2016-12-23 | 2017-01-18 | $5,730 | $5,689 | $41 | $41 |
| VANGUARD DIVIDEND GROWTH INV | P | 2016-12-23 | 2017-01-18 | $2,759 | $2,739 | $20 | $20 |
| VANGUARD DIVIDEND GROWTH INV | P | 2016-12-23 | 2017-01-18 | $1,021 | $1,014 | $7 | $7 |
| VANGUARD DIVIDEND GROWTH INV | P | 2016-01-29 | 2017-01-18 | $99,892 | $91,453 | $8,439 | $8,439 |
| JENSEN I - LARGE GROWTH FUND | P | 2014-03-19 | 2017-01-18 | $2,292 | $2,175 | $117 | $117 |
| JENSEN I - LARGE GROWTH FUND | P | 2014-06-24 | 2017-01-18 | $2,307 | $2,232 | $75 | $75 |
| JENSEN I - LARGE GROWTH FUND | P | 2014-09-17 | 2017-01-18 | $2,017 | $1,982 | $35 | $35 |
| JENSEN I - LARGE GROWTH FUND | P | 2014-12-18 | 2017-01-18 | $2,494 | $2,547 | -$53 | -$53 |
| JENSEN I - LARGE GROWTH FUND | P | 2014-12-18 | 2017-01-18 | $28,701 | $29,318 | -$617 | -$617 |
| JENSEN I - LARGE GROWTH FUND | P | 2015-03-18 | 2017-01-18 | $2,062 | $2,137 | -$75 | -$75 |
| JENSEN I - LARGE GROWTH FUND | P | 2015-06-23 | 2017-01-18 | $3,007 | $3,103 | -$96 | -$96 |
| JENSEN I - LARGE GROWTH FUND | P | 2015-09-17 | 2017-01-18 | $2,405 | $2,328 | $77 | $77 |
| JENSEN I - LARGE GROWTH FUND | P | 2015-12-17 | 2017-01-18 | $3,433 | $3,175 | $258 | $258 |
| JENSEN I - LARGE GROWTH FUND | P | 2015-12-17 | 2017-01-18 | $77,096 | $71,291 | $5,805 | $5,805 |
| JENSEN I - LARGE GROWTH FUND | P | 2015-12-17 | 2017-01-18 | $472 | $437 | $35 | $35 |
| JENSEN I - LARGE GROWTH FUND | P | 2016-09-20 | 2017-01-18 | $2,515 | $2,518 | -$3 | -$3 |
| JENSEN I - LARGE GROWTH FUND | P | 2011-06-24 | 2017-01-18 | $21,403 | $14,892 | $6,511 | $6,511 |
| JENSEN I - LARGE GROWTH FUND | P | 2013-09-19 | 2017-01-18 | $1,991 | $1,791 | $200 | $200 |
| JENSEN I - LARGE GROWTH FUND | P | 2013-12-24 | 2017-01-18 | $2,626 | $2,461 | $165 | $165 |
| JENSEN I - LARGE GROWTH FUND | P | 2013-12-24 | 2017-01-18 | $23,408 | $21,930 | $1,478 | $1,478 |
| EDGEWOOD LARGE CAP GROWTH | P | 2014-12-22 | 2017-01-18 | $31,827 | $27,905 | $3,922 | $3,922 |
| EDGEWOOD LARGE CAP GROWTH | P | 2014-12-22 | 2017-01-18 | $1,720 | $1,508 | $212 | $212 |
| EDGEWOOD LARGE CAP GROWTH | P | 2015-12-21 | 2017-01-18 | $23,862 | $21,871 | $1,991 | $1,991 |
| EDGEWOOD LARGE CAP GROWTH | P | 2015-12-30 | 2017-01-18 | $138 | $131 | $7 | $7 |
| EDGEWOOD LARGE CAP GROWTH | P | 2011-06-24 | 2017-01-18 | $88,733 | $43,550 | $45,183 | $45,183 |
| EDGEWOOD LARGE CAP GROWTH | P | 2013-12-16 | 2017-01-18 | $8,944 | $6,801 | $2,143 | $2,143 |
| JENSEN I - LARGE GROWTH FUND | P | 2016-03-16 | 2017-04-04 | $3,043 | $2,765 | $278 | $278 |
| JENSEN I - LARGE GROWTH FUND | P | 2017-03-15 | 2017-04-04 | $2,205 | $2,226 | -$21 | -$21 |
| JENSEN I - LARGE GROWTH FUND | P | 2011-06-24 | 2017-04-04 | $74,702 | $49,741 | $24,961 | $24,961 |
| VANGUARD DIVIDEND GROWTH INV | P | 2016-01-29 | 2017-12-14 | $18,400 | $14,685 | $3,715 | $3,715 |
| EDGEWOOD LARGE CAP GROWTH | P | 2011-06-24 | 2017-12-14 | $28,000 | $10,723 | $17,277 | $17,277 |
| JENSEN I - LARGE GROWTH FUND | P | 2016-06-22 | 2017-12-14 | $3,550 | $2,900 | $650 | $650 |
| JENSEN I - LARGE GROWTH FUND | P | 2011-06-24 | 2017-12-14 | $23,650 | $13,629 | $10,021 | $10,021 |
| PARTNERHSIP GAINS | P | 2013-06-25 | 2017-06-01 | $23,657 | $23,657 | $23,657 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $156,649 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | $8,717 | NetShortTermCapitalGainLossAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | 0 | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $158,532 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $3,352,127 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.047293 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $0 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $0 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.000000 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $140,805 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $3,161,034 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.044544 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $125,195 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $2,864,231 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.043710 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $113,887 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $2,571,189 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.044294 | DistributionYr5Rt |
| Total Distribution | 0.179841 | TotalDistributionRt |
| Average Distribution | 0.035968 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $3,595,794 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $129,334 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $2,430 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $131,764 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $172,475 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Domestic Org Meeting Sect4940e | Yes (X) | DomesticOrgMeetingSect4940eInd |
| Investment Income Excise Tax | $2,430 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $2,430 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $2,430 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $880 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $880 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Tax Due | $1,550 | TaxDueAmt |
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 | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | NY | 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 | MICHELLE LECLAIR | IndividualWithBooksNm |
| Phone | 5184654747 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 20 CORP WOODS BLVD SUITE 600 | AddressLine1Txt |
| City | ALBANY | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 12211 | 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 |
| Transactions Fail To Qlfy As Exc | 0 | TransactionsFailToQlfyAsExcInd |
| 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 |
|---|---|---|---|---|---|---|---|---|
| MICHAEL B PICOTTE | ||||||||
| 220 SANFORD AVE | PALM BEACH | FL | 33480 | PRESIDENT | 1.00 | $0 | $0 | $0 |
| MARGARET L PICOTTE | ||||||||
| 220 SANFORD AVE | PALM BEACH | FL | 33480 | TREASURER | 1.00 | $0 | $0 | $0 |
| NICOLE L PICOTTE | ||||||||
| 220 SANFORD AVE | PALM BEACH | FL | 33480 | DIRECTOR | 1.00 | $0 | $0 | $0 |
| JOSEPH M PICOTTE | ||||||||
| 220 SANFORD AVE | PALM BEACH | FL | 33480 | DIRECTOR | 1.00 | $0 | $0 | $0 |
| MICHELLE H PICOTTE | ||||||||
| 220 SANFORD AVE | 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 | $3,476,949 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $173,603 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $3,650,552 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $3,650,552 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $54,758 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $3,595,794 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $179,790 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $179,790 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $2,430 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $2,430 | TotalTaxAmt |
| Distributable Before Adj | $177,360 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $177,360 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $177,360 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $172,475 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $172,475 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $2,430 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $170,045 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $177,360 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $164,884 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $172,475 | QualifyingDistributionsAmt |
| Applied To Year1 | $164,884 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $7,591 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $0 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $169,769 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $0 | ExcessDistriCyovToNextYrAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | MICHAEL B PICOTTE | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (23 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | Address Line2RecipientUSAddress/AddressLine2Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| BATTERED WOMEN'S JUSTICE PROJECT | ||||||
| 1801 NICOLLET AVENUE SOUTH SUITE | 102 | MINNEAPOLIS | MN | 55403 | GIFT FOR THE 2017 YEAR | $2,000 |
| BRYN ATHYN FIRE COMPANY | ||||||
| PO BOX 557 | BRYN ATHYN | PA | 19009 | GIFT FOR THE 2017 YEAR | $5,000 | |
| CHRIST OUR SAVIOR PARISH CHARITABLE TRUST | ||||||
| 398 BONNET STREET | MANCHESTER CENTER | VT | 05251 | GIFT FOR THE 2017 YEAR | $15,000 | |
| COMMUNITY SHARING PROJECT | ||||||
| PO BOX 263 | DORSET | VT | 05251 | GIFT FOR THE 2017 YEAR | $5,000 | |
| DORSET CHURCH | ||||||
| PO BOX 263 | DORSET | VT | 05251 | GIFT TO THE KIDS SUMMER LUNCH PROGRAM | $1,500 | |
| DORSET THEATRE FESTIVAL | ||||||
| PO BOX 510 | DORSET | VT | 05251 | GIFT FOR THE 2017 YEAR | $10,000 | |
| HANLEY FOUNDATION | ||||||
| 700 SOUTH DIXIE HIGHWAY SUITE 103 | WEST PALM BEACH | FL | 33401 | LIFESAVER SOCIETY | $10,000 | |
| HOME AT LAST DOG RESCUE | ||||||
| PO BOX 1341 | NORTH WALES | PA | 19454 | GIFT FOR THE 2017 YEAR | $2,000 | |
| HUMANE SOCIETY OF VENTURA COUNTY | ||||||
| 402 BRYANT STREET | OJAI | CA | 93023 | THOMAS FIRE RESCUE FUND | $1,000 | |
| KISSES FOR KYLE FOUNDATION | ||||||
| PO BOX 188 | WILLOW GROVE | PA | 19090 | GIFT FOR THE 2017 YEAR | $5,000 | |
| KRAVIS CENTER FOR THE PERFORMING ARTS | ||||||
| 701 OKEECHOBEE BOULEVARD | WEST PALM BEACH | FL | 33401 | ANNUAL CAMPAIGN AND SPONSORSHIP PROGRAM | $25,000 | |
| LINCOLN CENTER | ||||||
| 70 LINCOLN CENTER PLAZA | NEW YORK | NY | 10023 | INAUGURAL INDUCTION CEREMONY | $22,000 | |
| MONTGOMERY COUNTY SPCA | ||||||
| 19 E RIDGE PIKE / PO BOX 222 | CONSHOHOCKEN | PA | 19428 | GIFT FOR THE 2017 YEAR | $1,000 | |
| NATIONAL ALLIANCE TO END HOMELESSNESS | ||||||
| 1518 K STREET NW 2ND FLOOR | WASHINGTON | DC | 20005 | GIFT FOR THE 2017 YEAR | $5,000 | |
| PEGGY ADAMS ANIMAL RESCUE LEAGUE | ||||||
| 3100/3200 N MILITARY TRAIL | WEST PALM BEACH | FL | 33409 | GIFT FOR THE 2017 YEAR | $5,000 | |
| PLANNED PARENTHOOD SOUTHEASTERN PENNSYLVANIA | ||||||
| 1144 LOCUST STREET | PHILADELPHIA | PA | 19107 | GIFT FOR THE 2017 YEAR | $5,000 | |
| ROSARIAN ACADEMY | ||||||
| 807 NORTH FLAGLER DRIVE | WEST PALM BEACH | FL | 33401 | ADVANCEMENT CONSULTANT | $10,000 | |
| SHARE OUR STRENGTH | ||||||
| 1030 15TH STREET NW SUITE 1100 W | WASHINGTON | DC | 20005 | NO KID HUNGRY CAMPAIGN | $5,000 | |
| ST EDWARD CHURCH | ||||||
| 144 NORTH COUNTY ROAD | PALM BEACH | FL | 33480 | GIFT FOR THE 2017 YEAR | $15,000 | |
| THE PAR 3 FOUNDATION | ||||||
| 251 ROYAL PALM WAY 400 | PALM BEACH | FL | 33480 | TOURNAMENT FOURSOME (DEDUCTIBLE PORTION) | $2,000 | |
| TWILIGHT WISH | ||||||
| PO BOX 1042 | DOYLESTOWN | PA | 18901 | GIFT FOR THE 2017 YEAR | $2,000 | |
| UNITED CHURCH OF DORSET | ||||||
| PO BOX 263 | DORSET | VT | 05251 | GIFT FOR THE 2017 YEAR | $15,000 | |
| WAGS RESCUE | ||||||
| PO BOX 1514 | SOUTHAMPTON | PA | 18966 | GIFT FOR THE 2017 YEAR | $2,000 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $170,500 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $329 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $89,632 | ExclusionAmt |
Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $412 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $156,649 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | TAX REFUND | Desc |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $247,022 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $247,022 | 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 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | WEISER FEES | CategoryTxt |
| Amt | $1,200 | Amt |
| Net Investment Income | $600 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $600 | DisbursementsCharitablePrpsAmt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | VANGUARD SHORT TERM INV GRD | BondNm |
| EOY Book Value | $1,002,347 | EOYBookValueAmt |
| EOYFMV | $993,991 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (8 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| MECHANICAL TECH | $262,506 | $1,988 |
| MJP SMALL CAP FUND | $212,352 | $299,613 |
| MJP LARGE CAP FUND | $3,716 | $177,506 |
| MJP INTERNATIONAL FUND | $61,768 | $86,080 |
| EDGEWOOD LC GROWTH | $300,715 | $747,301 |
| JENSEN LC GROWTH | $447,543 | $725,986 |
| CVS STOCK | $5,475 | $58,000 |
| VANGUARD DIVIDEND GROWTH | $412,802 | $498,198 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (5 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| K-1 EXPENSES | $2,222 | $2,222 | $0 | $0 |
| LAW JOURNAL | $155 | $0 | $0 | $155 |
| CHARITIES BUREAU | $250 | $0 | $0 | $250 |
| FIDUCIARY FEE | $1,920 | $960 | $0 | $960 |
| FIDUCIARY UNITIZATION | $20 | $10 | $0 | $10 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER INV INCOME | Desc |
| Revenue And Expenses Per Books | $412 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $412 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | UNREALIZED APPRECIATION | Desc |
| Amt | $91,461 | Amt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | FOREIGN TAX | CategoryTxt |
| Amt | $216 | Amt |
| Net Investment Income | $216 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Comments