JAY AND LINDA GRUNIN FOUNDATION INC: Form 990PF, tax year 2016

View the entire original 990 at ProPublica ↗

Organization
JAY AND LINDA GRUNIN FOUNDATION INC (EIN 45-3988913)
Tax period
2016-01-01 to 2016-12-31
Filed
2017-11-15
IRS object ID
201743199349102004
Schema version
2016v3.0
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)
Return2017-11-15T13:58:00-05:00ReturnTs
Tax Period End2016-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN222426149PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1COWAN GUNTESKI & CO PABusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line140 BEY LEA RD STE A101AddressLine1Txt
CityTOMS RIVERCityNm
State AbbreviationNJStateAbbreviationCd
ZIP087532900ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2016-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN453988913EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE JAY AND LINDA GRUNIN FOUNDATIONBusinessNameLine1Txt
Business Name Line2INCBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlJAYABusinessNameControlTxt
Phone7323415800PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11027 HOOPER AVENUE BLDG 1AddressLine1Txt
CityTOMS RIVERCityNm
State AbbreviationNJStateAbbreviationCd
ZIP08753ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJAY GRUNINPersonNm
Person TitleCHAIRMANPersonTitleTxt
Phone7322444010PhoneNum
Signature2017-05-30SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonDONALD COWANPreparerPersonNm
PTINP00285077PTIN
Phone7323496880PhoneNum
Preparation2017-11-15PreparationDt

Filing Security Information FilingSecurityInformation

FieldValueIRS element (for citing)
At Submission Creation Device Id3677C1946D48B58EAA83BCCC069442269F815904AtSubmissionCreationDeviceId
At Submission Filing Device IdEDB423A6C687D974C5C08574311AEF6D7C993EDBAtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2016TaxYr
Build TS2017-02-10 21:41:12ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$3,598,008FMVAssetsEOYAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$3,725,607ContriRcvdRevAndExpnssAmt
Dividends Rev And Expnss$163,026DividendsRevAndExpnssAmt
Dividends Net Invst Incm$163,026DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$1,868,606NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$3,069,582GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$1,868,606CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$5,757,239TotalRevAndExpnssAmt
Total Net Invst Incm$2,031,632TotalNetInvstIncmAmt
Other Prof Fees Rev And Expnss$53,303OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm$533OtherProfFeesNetInvstIncmAmt
Taxes Rev And Expnss$30,576TaxesRevAndExpnssAmt
Other Expenses Rev And Expnss$276,261OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$2,763OtherExpensesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss$360,140TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$3,296TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$4,930,479ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$4,930,479ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$5,290,619TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$3,296TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$4,930,479TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$466,620ExcessRevenueOverExpensesAmt
Net Investment Income$2,028,336NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$200,113CashBOYAmt
Corporate Stock BOY$3,790,555CorporateStockBOYAmt
Corporate Stock EOY$3,598,008CorporateStockEOYAmt
Corporate Stock EOYFMV$3,598,008CorporateStockEOYFMVAmt
Total Assets BOY$3,990,668TotalAssetsBOYAmt
Total Assets EOY$3,598,008TotalAssetsEOYAmt
Total Assets EOYFMV$3,598,008TotalAssetsEOYFMVAmt
Accounts Payable EOY$18,525AccountsPayableEOYAmt
Other Liabilities EOY$25,977OtherLiabilitiesEOYAmt
Total Liabilities EOY$44,502TotalLiabilitiesEOYAmt
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind
Unrestricted BOY$3,990,668UnrestrictedBOYAmt
Unrestricted EOY$3,553,506UnrestrictedEOYAmt
Tot Net Ast Or Fund Balances BOY$3,990,668TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$3,553,506TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$3,990,668TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$3,598,008TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$3,990,668TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$466,620ExcessRevenueOverExpensesAmt
Subtotal$4,457,288SubtotalAmt
Other Decreases$903,782OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY$3,553,506TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (5 entries)

PropertyPropertyDescHow AcquiredHowAcquiredCdAcquiredAcquiredDtSoldSoldDtGross Sales PriceGrossSalesPriceAmtCost Or Other BasisCostOrOtherBasisAmtGain Or LossGainOrLossAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
10,000SH CATERPILLAR INC.P2015-09-252016-08-23$844,302$652,000$192,302$192,302
125SH HALYARD HEALTH INC,D2011-12-232016-08-23$4,610$3,060$1,550$1,550
2,000SH MONDELEZ INTL INC CL AD2011-12-232016-08-23$86,344$48,353$37,991$37,991
9,571SH TIME WARNER CABLE INC.D1996-07-112016-05-20$957,100$254,214$702,886$702,886
4,681SH CHARTER COMMNS INC NEW AD1996-07-112016-08-23$1,177,226$243,349$933,877$933,877
FieldValueIRS element (for citing)
Capital Gain Net Income$1,868,606CapitalGainNetIncomeAmt
Net Short Term Capital Gain Loss$192,302NetShortTermCapitalGainLossAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$787,156AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$2,603,111NetVlNoncharitableAssetsYr1Amt
Distribution Yr10.302390DistributionYr1Rt
Adjusted Qlfy Distri Yr2$2,934,137AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$1,054,017NetVlNoncharitableAssetsYr2Amt
Distribution Yr22.783766DistributionYr2Rt
Adjusted Qlfy Distri Yr3$3,540,500AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$955,497NetVlNoncharitableAssetsYr3Amt
Distribution Yr33.705401DistributionYr3Rt
Adjusted Qlfy Distri Yr4$167,739AdjustedQlfyDistriYr4Amt
Total Distribution6.791557TotalDistributionRt
Average Distribution1.358311AverageDistributionRt
Net Vl Noncharitable Assets$4,931,779NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$6,698,890AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct$20,283NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$6,719,173AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$4,930,479QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$40,567InvestmentIncomeExciseTaxAmt
Subtotal$40,567SubtotalAmt
Tax Based On Investment Income$40,567TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$18,400EstimatedPlusOvpmtIncmTxAmt
Applied To Es Tax$32,345AppliedToEsTaxAmt
Total Payments And Credits$50,745TotalPaymentsAndCreditsAmt
Form2220 AttachedYes (X)Form2220AttachedInd
Es Penalty$41EsPenaltyAmt
Overpayment$10,137OverpaymentAmt
Applied To ES Tax$10,137AppliedToESTaxAmt

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 SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateNJOrgReportOrRegisterStateCd
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 AddressJAYANDLINDAGRUNINFOUNDATION.ORGWebsiteAddressTxt
Individual With BooksJAY GRUNINIndividualWithBooksNm
Phone7323415800PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line19 CRANMOOR DRIVEAddressLine1Txt
CityTOMS RIVERCityNm
State AbbreviationNJStateAbbreviationCd
ZIP08753ZIPCd
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 (3 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
JAY GRUNIN
9 CRANMOOR DRIVETOMS RIVERNJ08753CHAIRMAN5.00$0$0$0
LINDA GRUNIN
9 CRANMOOR DRIVETOMS RIVERNJ08753CO-CHAIRMAN5.00$0$0$0
JEREMY GRUNIN
25 CRANMOOR DRIVETOMS RIVERNJ08753PRESIDENT5.00$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Description1N/ADescription1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$4,301,826AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$705,056AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$5,006,882TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$5,006,882AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$75,103CashDeemedCharitableAmt
Net Vl Noncharitable Assets$4,931,779NetVlNoncharitableAssetsAmt
Minimum Investment Return$246,589MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$246,589MinimumInvestmentReturnAmt
Tax Based On Investment Income$40,567TaxBasedOnInvestmentIncomeAmt
Total Tax$40,567TotalTaxAmt
Distributable Before Adj$206,022DistributableBeforeAdjAmt
Distributable Before Ded$206,022DistributableBeforeDedAmt
Distributable As Adjusted$206,022DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$4,930,479ExpensesAndContributionsAmt
Qualifying Distributions$4,930,479QualifyingDistributionsAmt
Adjusted Qualifying Distri$4,930,479AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$206,022DistributableAsAdjustedAmt
Excess Distribution Cyov Yr4$167,921ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$3,509,422ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$2,882,232ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$675,378ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$7,234,953TotalExcessDistributionCyovAmt
Qualifying Distributions$4,930,479QualifyingDistributionsAmt
Applied To Current Year$206,022AppliedToCurrentYearAmt
Remaining Distri From Corpus$4,724,457RemainingDistriFromCorpusAmt
Total Corpus$11,959,410TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$11,959,410ExcessDistriCyovToNextYrAmt
Excess From Year4$167,921ExcessFromYear4Amt
Excess From Year3$3,509,422ExcessFromYear3Amt
Excess From Year2$2,882,232ExcessFromYear2Amt
Excess From Year1$675,378ExcessFromYear1Amt
Excess From Current Year$4,724,457ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerJAY GRUNINContributingManagerNm
Contributing ManagerLINDA GRUNINContributingManagerNm
Shareholder ManagerNONEShareholderManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (24 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmtAddress Line2RecipientUSAddress/AddressLine2Txt
AMERICAN CANCER SOCIETY
2310 HIGHWAY 34 SUITE 1DMANASQUANNJ07836PUBLIC CHARITYOPERATINGGENERAL DONATION$126,930
AMERICAN RECREATIONAL MILITARY SERV
36 LAKE AVENUEEATONTOWNNJ07724PUBLIC CHARITYOPERATINGGENERAL DONATION$5,000
ARTS AND EDUCATION CENTER
PO BOX 200TOMS RIVERNJ08754PUBLIC CHARITYSCHOOLGENERAL DONATION$85,370ROOM A-225
ASHOKA
1700 NORTH MOORE STARLINGTONVA22209PUBLIC CHARITYOPERATINGGENERAL DONATION$500,00020TH FL
BIG BROTHERS BIG SISTERS OF OC
20 HADLEY AVETOMS RIVERNJ08753PUBLIC CHARITYOPERATINGGENERAL DONATION$140,000
CAREGIVER VOLUNTEERS OF CENTRAL NJ
RIVERWOOD PLAZATOMS RIVERNJ08755PUBLIC CHARITYOPERATINGGENERAL DONATION$15,500BLDG 2 ROUTE 37 WEST
COUNT BASIE THEATRE
99 MONMOUTH STREETRED BANKNJ07701PUBLIC CHARITYOPERATINGGENERAL DONATION$58,250
DANIELA'S WISH
PO BOX 296COLTS NECKNJ07722PUBLIC CHARITYOPERATINGGENERAL DONATION$5,000
EDUCATION THEATRE ASSOCIATION
2343 AUBURN AVENUECINCINNATTIOH45219PUBLIC CHARITYOPERATINGGENERAL DONATION$5,000
EXIT 82 THEATRE COMPANY
201 SUMNER AVESEASIDE HEIGHTSNJ08751PUBLIC CHARITYOPERATINGGENERAL DONATION$6,484
FOODBANK OF MONMOUTH AND OCEAN CNTY
3300 ROUTE 66NEPTUNENJ07753PUBLIC CHARITYOPERATINGGENERAL DONATION$134,543
NAVAL LAKEHURST HISTORICAL SOCIETY
PO BOX 328LAKEHURSTNJ08733PUBLIC CHARITYOPERATINGGENERAL DONATION$5,000
NEIL VAN DE PUTTE COLLEGE FUND
36 MADISON AVENUEMADISONNJ07940PUBLIC CHARITYOPERATINGGENERAL DONATION$10,000
NEW YORK UNIVERSITY
60 WASHINGTON SQ SOUTHNEW YORKNY10012PUBLIC CHARITYSCHOOLTO ESTABLISH ENTREPRENEURIAL DIV.$3,000,000
OCEAN COUNTY COLLEGE FOUNDATION
1 COLLEGE DRIVETOMS RIVERNJ08753PUBLIC CHARITYSCHOOLGENERAL DONATION$250,000
OCEAN COUNTY YMCA
100 WEST WITTY RDTOMS RIVERNJ08755PUBLIC CHARITYOPERATINGGENERAL DONATION$200,000
OUR GANG PLAYERS INC
76 BEACH AVENUEMANAHAWKINNJ08050PUBLIC CHARITYOPERATINGGENERAL DONATION$500
PUBLIC MONUMENT - TOMS RIVER
TOMS RIVER TOWNSHIPTOMS RIVERNJ08753PUBLIC CHARITYOPERATINGMONUMENT - BENEFIT OF GENERAL PUBLIC$117,434
THE ALGONQUIN ARTS THEATRE
60 ABE VOORHEES DRIVEMANASQUANNJ08736PUBLIC CHARITYOPERATINGGENERAL DONATION$13,000
THE SALVATION ARMY
1738 NJ 37TOMS RIVERNJ08753PUBLIC CHARITYOPERATINGGENERAL DONATION$10,000
TOMS RIVER POLICE FOUNDATION
255 OAK AVETOMS RIVERNJ08754PUBLIC CHARITYOPERATINGGENERAL DONATION$20,000PO BOX 876
TOMS RIVER REGIONAL SCHOOLS
TOMS RIVER TOWNSHIPTOMS RIVERNJ08753PUBLIC CHARITYSCHOOLGENERAL DONATION$197,654
UNITED WAY OF OCEAN COUNTY
650 WASHINGTON STREETTOMS RIVERNJ08753PUBLIC CHARITYOPERATINGGENERAL DONATION$19,814
TINA'S HOUSE - CHILDREN'S ADVOCACY
7 HADLEY AVETOMS RIVERNJ08754PUBLIC CHARITYOPERATINGGENERAL DONATION$5,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$4,930,479TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$163,026ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$1,868,606RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$163,026ExclusionAmt
Related Or Exempt Function Incm$1,868,606RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$2,031,632TotalIncomeProducingActyAmt

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 PersonJAY AND LINDA GRUNINContributorPersonNm

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line19 CRANMOOR DRIVEAddressLine1Txt
CityTOMS RIVERCityNm
State AbbreviationNJStateAbbreviationCd
ZIP08753ZIPCd
FieldValueIRS element (for citing)
Total Contributions$3,725,226TotalContributionsAmt
Person ContributionYes (X)PersonContributionInd
Noncash ContributionYes (X)NoncashContributionInd

Non Cash Property Contribution NonCashPropertyContributionGrp

FieldValueIRS element (for citing)
Contributor1ContributorNum
Noncash Property9,571SH TIME WARNER CABLENoncashPropertyDesc
Fair Market Value$1,926,164FairMarketValueAmt
Received2016-04-21ReceivedDt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (9 entries)

StockStockNmEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
62,599 SH AT&T$2,662,335$2,662,335
2,000 SH BRISTOL MYERS SQUIBB$116,880$116,880
125 SH HALYARD HEALTH INC
1,000 SH KIMBERLY CLARK$114,120$114,120
5,499 SH KRAFT HEINZ COMPANY$480,173$480,173
2,000 SH MERCK AND COMPANY$117,740$117,740
2,000 SH MONDELEZ INTERNATIONAL
2,000 SH VERIZON COMMUNICATIONS$106,760$106,760
10,000 SH CATERPILLAR INC

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail

FieldValueIRS element (for citing)
DescDECREASE IN FMV OF SECURITIESDesc
Amt$903,782Amt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (5 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmt
EXPENSES
PROMOTION$239,361$2,394
INSURANCE$120$1
TELEPHONE EXPENSE$31,780$318
DUES AND SUBSCRIPTIONS$5,000$50

Other Liabilities Schedule OtherLiabilitiesSchedule

Other Liabilities Detail OtherLiabilitiesDetail

FieldValueIRS element (for citing)
DescLOAN PAYABLEDesc
EOY Book Value$25,977EOYBookValueAmt

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

FieldValueIRS element (for citing)
CategoryCONSULTING FEESCategoryTxt
Amt$53,303Amt
Net Investment Income$533NetInvestmentIncomeAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryFEDERAL INCOME TAXCategoryTxt
Amt$30,576Amt

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