PITCH FOUNDATION: Form 990PF, tax year 2017

View the entire original 990 at ProPublica ↗

Organization
PITCH FOUNDATION (EIN 82-1541555)
Tax period
2017-05-08 to 2017-12-31
Filed
2018-05-14
IRS object ID
201841349349102949
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)
Return2018-05-14T12:28:32-07:00ReturnTs
Tax Period End2017-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1MOSKOWITZ & ASSOCIATES CPA's PCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1660 WHITE PLAINS RDAddressLine1Txt
CityTARRYTOWNCityNm
State AbbreviationNYStateAbbreviationCd
ZIP105915187ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2017-05-08TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN821541555EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE PITCH FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlPITCBusinessNameControlTxt
Phone2036987810PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1C/O DAVID AND VICKI CRAVER 152 INDIAddressLine1Txt
CityRIVERSIDECityNm
State AbbreviationCTStateAbbreviationCd
ZIP06878ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonVICKI CRAVERPersonNm
Person TitleTRUSTEEPersonTitleTxt
Phone2036987810PhoneNum
Signature2018-04-26SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonSTEVEN MOSKOWITZ CPAPreparerPersonNm
PTINP00166473PTIN
Phone9143666714PhoneNum
Preparation2018-05-14PreparationDt
FieldValueIRS element (for citing)
Tax2017TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Initial ReturnYes (X)InitialReturnInd
Address ChangeYes (X)AddressChangeInd
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$34,562,083FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$34,675,850ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss$910InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$910InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$35,883DividendsRevAndExpnssAmt
Dividends Net Invst Incm$35,883DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss-$53,561NetGainSaleAstRevAndExpnssAmt
Cap Gain Net Incm Net Invst Incm$0CapGainNetIncmNetInvstIncmAmt
Other Income Rev And Expnss$1,703OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm$1,703OtherIncomeNetInvstIncmAmt
Total Rev And Expnss$34,660,785TotalRevAndExpnssAmt
Total Net Invst Incm$38,496TotalNetInvstIncmAmt
Other Prof Fees Rev And Expnss$9,774OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm$4,887OtherProfFeesNetInvstIncmAmt
Other Prof Fees Dsbrs Chrtbl$4,887OtherProfFeesDsbrsChrtblAmt
Interest Rev And Expnss$4,116InterestRevAndExpnssAmt
Interest Net Invst Incm$4,116InterestNetInvstIncmAmt
Taxes Rev And Expnss$60TaxesRevAndExpnssAmt
Taxes Net Invst Incm$60TaxesNetInvstIncmAmt
Other Expenses Rev And Expnss$2,598OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$1,748OtherExpensesNetInvstIncmAmt
Other Expenses Dsbrs Chrtbl$850OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$16,548TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$10,811TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$5,737TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$0ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$0ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$16,548TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$10,811TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$5,737TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$34,644,237ExcessRevenueOverExpensesAmt
Net Investment Income$27,685NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash EOY$65,238CashEOYAmt
Cash EOYFMV$65,238CashEOYFMVAmt
Other Investments EOY$34,578,999OtherInvestmentsEOYAmt
Other Investments EOYFMV$34,496,845OtherInvestmentsEOYFMVAmt
Total Assets EOY$34,644,237TotalAssetsEOYAmt
Total Assets EOYFMV$34,562,083TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow SFAS117Yes (X)OrgDoesNotFollowSFAS117Ind
Additional Paid In Capital EOY$34,675,850AdditionalPaidInCapitalEOYAmt
Retained Earning EOY-$31,613RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances EOY$34,644,237TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$0TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$34,644,237TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Excess Revenue Over Expenses$34,644,237ExcessRevenueOverExpensesAmt
Subtotal$34,644,237SubtotalAmt
Tot Net Ast Or Fund Balances EOY$34,644,237TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (6 entries)

PropertyPropertyDescHow AcquiredHowAcquiredCdAcquiredAcquiredDtSoldSoldDtGross Sales PriceGrossSalesPriceAmtDepreciationDepreciationAmtCost Or Other BasisCostOrOtherBasisAmtGain Or LossGainOrLossAmtFMV As Of123169FMVAsOf123169AmtAdjusted Basis As Of123169AdjustedBasisAsOf123169AmtExcess FMV Over Adjusted BssExcessFMVOverAdjustedBssAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
SHORT TERM CAPITAL GAIN FROM LONE CASCADE LPP2017-05-082017-12-31$45,919$0$0$45,919$0$0$0$45,919
LONG TERM CAPITAL LOSS FROM LONE CASCADE LPP2015-12-312017-12-31$0$0$32,850-$32,850$0$0$0-$32,850
SHORT TERM CAPITAL GAIN FROM LONE PICEA LPP2017-05-082017-12-31$0$0$15,029-$15,029$0$0$0-$15,029
LONG TERM CAPITAL LOSS FROM LONE PICEA LPP2015-12-312017-12-31$0$0$2,169-$2,169$0$0$0-$2,169
SHORT TERM CAPITAL GAIN FROM LONE REDWOOD LPP2017-05-082017-12-31$0$0$42,099-$42,099$0$0$0-$42,099
LONG TERM CAPITAL LOSS FROM LONE REDWOOD LPP2015-12-312017-12-31$0$0$7,333-$7,333$0$0$0-$7,333
FieldValueIRS element (for citing)
Capital Gain Net Income-$53,561CapitalGainNetIncomeAmt
Net Short Term Capital Gain Loss-$11,209NetShortTermCapitalGainLossAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Adj Nonchrtbl Net Invst Incm Pct$0AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$0QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$554InvestmentIncomeExciseTaxAmt
Tax Under Section511$0TaxUnderSection511Amt
Subtotal$554SubtotalAmt
Tax Based On Investment Income$554TaxBasedOnInvestmentIncomeAmt
Extsn Request Income Tax Paid$5,000ExtsnRequestIncomeTaxPaidAmt
Total Payments And Credits$5,000TotalPaymentsAndCreditsAmt
Original Return Overpayment-$5,000OriginalReturnOverpaymentAmt
Overpayment$4,446OverpaymentAmt
Applied To ES Tax$4,446AppliedToESTaxAmt

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
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedfalseSection508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateCTOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsYes (true)NewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrfalseComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt
Individual With BooksDAVID AND VICKI CRAVERIndividualWithBooksNm
Phone2036987810PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1152 INDIAN HEAD ROADAddressLine1Txt
CityRIVERSIDECityNm
State AbbreviationCTStateAbbreviationCd
ZIP06878ZIPCd
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
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
Undistributed Income PYfalseUndistributedIncomePYInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
VICKI U CRAVER
152 INDIAN HEAD ROADRIVERSIDECT06878TRUSTEE1.00$0$0$0
DAVID F CRAVER
152 INDIAN HEAD ROADRIVERSIDECT06878TRUSTEE1.00$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Other Employee Paid Over50k0OtherEmployeePaidOver50kCnt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt
Contractor Paid Over50k0ContractorPaidOver50kCnt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$1,405,853AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$16,086AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$1,421,939TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$1,421,939AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$21,329CashDeemedCharitableAmt
Net Vl Noncharitable Assets$1,400,610NetVlNoncharitableAssetsAmt
Minimum Investment Return$70,031MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$70,031MinimumInvestmentReturnAmt
Tax Based On Investment Income$554TaxBasedOnInvestmentIncomeAmt
Total Tax$554TotalTaxAmt
Distributable Before Adj$69,477DistributableBeforeAdjAmt
Distributable Before Ded$69,477DistributableBeforeDedAmt
Distributable As Adjusted$69,477DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$5,737ExpensesAndContributionsAmt
Qualifying Distributions$5,737QualifyingDistributionsAmt
Adjusted Qualifying Distri$5,737AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$69,477DistributableAsAdjustedAmt
Qualifying Distributions$5,737QualifyingDistributionsAmt
Treated As Distri From Corpus$5,737TreatedAsDistriFromCorpusAmt
Excess Distri Cyov App CY Corpus$5,737ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY$5,737ExcessDistributionCyovAppCYAmt
Undistributed Income CY$63,740UndistributedIncomeCYAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerDAVID AND VICKI CRAVERContributingManagerNm
Shareholder ManagerNONEShareholderManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion$910ExclusionAmt

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion$35,883ExclusionAmt

Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion$1,703ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion-$53,561ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion-$15,065ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty-$15,065TotalIncomeProducingActyAmt

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

Schedule B IRS990ScheduleB

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
General RuleYes (X)GeneralRuleInd

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
Contributor1ContributorNum
Contributor PersonDAVID AND VICKI CRAVERContributorPersonNm

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1152 INDIAN HEAD ROADAddressLine1Txt
CityRIVERSIDECityNm
State AbbreviationCTStateAbbreviationCd
ZIP06878ZIPCd
FieldValueIRS element (for citing)
Total Contributions$34,675,850TotalContributionsAmt
Person ContributionYes (X)PersonContributionInd

Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch

Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp (6 entries)

AssetAssetDescAcquiredAcquiredDtHow AcquiredHowAcquiredTxtSoldSoldDtGross Sales PriceGrossSalesPriceAmtTotal NetTotalNetAmtBasisBasisAmt
SHORT TERM CAPITAL GAINS FROM LONE CASCADE LP2017-05Purchased2017-12$45,919$45,919
LONG TERM CAPITAL LOSS FROM LONE CASCADE LP2017-05Purchased2017-12-$32,850$32,850
SHORT TERM CAPITAL LOSS FROM LONE PICEA LP2017-05Purchased2017-12-$15,029$15,029
LONG TERM CAPITAL LOSS FROM LONE PICEA LP2017-05Purchased2017-12-$2,169$2,169
SHORT TERM CAPITAL LOSS FROM LONE REDWOOD LP2017-05Purchased2017-12-$42,099$42,099
LONG TERM CAPITAL LOSS FROM LONE REDWOOD LP2017-05Purchased2017-12-$7,333$7,333

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp (3 entries)

Category Or ItemCategoryOrItemTxtBook ValueBookValueAmtEOYFMVEOYFMVAmt
INVESTMENT IN LONE REDWOOD LP$7,658,126$7,577,710
INVESTMENT IN LONE CASCADE LP$24,335,800$24,362,492
INVESTMENT IN LONE PICEA LP$2,585,073$2,556,643

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmtNet Investment IncomeNetInvestmentIncomeAmt
FILING FEE$850$850
PORTFOLIO DEDUCTIONS FROM PASS THRU ENTITY$1,748$1,748

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail

FieldValueIRS element (for citing)
DescFROM PASS THRU ENTITIESDesc
Revenue And Expenses Per Books$1,703RevenueAndExpensesPerBooksAmt
Net Investment Income$1,703NetInvestmentIncomeAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryFROM PASS THRU ENTITIESCategoryTxt
Amt$60Amt
Net Investment Income$60NetInvestmentIncomeAmt

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