SCUDIERY FAMILY FOUNDATION INC: Form 990PF, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
SCUDIERY FAMILY FOUNDATION INC (EIN 22-3648325)
Tax period
2024-01-01 to 2024-12-31
Filed
2025-11-13
IRS object ID
202543179349102294
Schema version
2024v5.2
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)
Return2025-11-13T10:57:50-08:00ReturnTs
Tax Period End2024-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN261118641PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1FERRARA BUCKWORTH LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line160 POMPTON AVEAddressLine1Txt
CityVERONACityNm
State AbbreviationNJStateAbbreviationCd
ZIP07044ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2024-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN223648325EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE SCUDIERY FAMILY FOUNDATION INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlSCUDBusinessNameControlTxt
Phone2012281024PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line114 FARMSTEAD ROADAddressLine1Txt
CityNORTH CALDWELLCityNm
State AbbreviationNJStateAbbreviationCd
ZIP07006ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMARK SCUDIERYPersonNm
Person TitlePresidentPersonTitleTxt
Signature2025-11-13SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMichael S BuckworthPreparerPersonNm
PTINP01229681PTIN
Phone9738578800PhoneNum
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$0FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss$4InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$4InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm$4InterestOnSavingsAdjNetIncmAmt
Dividends Rev And Expnss$49,055DividendsRevAndExpnssAmt
Dividends Net Invst Incm$49,055DividendsNetInvstIncmAmt
Dividends Adj Net Incm$49,055DividendsAdjNetIncmAmt
Net Gain Sale Ast Rev And Expnss$42,684NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$60,783GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$42,684CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$91,743TotalRevAndExpnssAmt
Total Net Invst Incm$91,743TotalNetInvstIncmAmt
Total Adj Net Incm$49,059TotalAdjNetIncmAmt
Tot Opr Expenses Rev And Expnss$0TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$61,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$61,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$61,000TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$61,000TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$30,743ExcessRevenueOverExpensesAmt
Net Investment Income$91,743NetInvestmentIncomeAmt
Adjusted Net Income$49,059AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$17,100CashBOYAmt
Cash EOY$58,762CashEOYAmt
Other Investments BOY$428,257OtherInvestmentsBOYAmt
Other Investments EOY$417,338OtherInvestmentsEOYAmt
Total Assets BOY$445,357TotalAssetsBOYAmt
Total Assets EOY$476,100TotalAssetsEOYAmt
Total Assets EOYFMV$0TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Capital Stock BOY$398,767CapitalStockBOYAmt
Capital Stock EOY$398,767CapitalStockEOYAmt
Retained Earning BOY$46,590RetainedEarningBOYAmt
Retained Earning EOY$77,333RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$445,357TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$476,100TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$445,357TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$476,100TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$445,357TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$30,743ExcessRevenueOverExpensesAmt
Subtotal$476,100SubtotalAmt
Tot Net Ast Or Fund Balances EOY$476,100TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp

FieldValueIRS element (for citing)
PropertyMorgan Stanley L/T Cap GainsPropertyDesc
How AcquiredPHowAcquiredCd
Acquired2005-09-21AcquiredDt
Sold2024-12-03SoldDt
Gross Sales Price$60,783GrossSalesPriceAmt
Cost Or Other Basis$18,099CostOrOtherBasisAmt
Gain Or Loss$42,684GainOrLossAmt
Gains Minus Excess Or Losses$42,684GainsMinusExcessOrLossesAmt
FieldValueIRS element (for citing)
Capital Gain Net Income$42,684CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$1,275InvestmentIncomeExciseTaxAmt
Subtotal$1,275SubtotalAmt
Tax Based On Investment Income$1,275TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$1,000EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits$1,000TotalPaymentsAndCreditsAmt
Tax Due$275TaxDueAmt
Applied To ES Tax$0AppliedToESTaxAmt

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
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1MARK SCUDIERYBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone2012281024PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line114 FARMSTEAD ROADAddressLine1Txt
CityNORTH CALDWELLCityNm
State AbbreviationNJStateAbbreviationCd
ZIP07006ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Acts Fail To Qlfy As ExceptionsfalseActsFailToQlfyAsExceptionsInd
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
Undistributed Income PYfalseUndistributedIncomePYInd
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
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (4 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmt
MARK SCUDIERY
14 FARMSTEAD ROADNORTH CALDWELLNJ07006President0.00$0
CAROL SCUDIERY
14 FARMSTEAD ROADNORTH CALDWELLNJ07006Vice President0.00$0
GINA SCUDIERY
14 FARMSTEAD ROADNORTH CALDWELLNJ07006Vice President0.00$0
LISA SCUDIERY
14 FARMSTEAD ROADNORTH CALDWELLNJ07006Vice President0.00$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$0AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$0AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$0TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$0AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$0CashDeemedCharitableAmt
Net Vl Noncharitable Assets$0NetVlNoncharitableAssetsAmt
Minimum Investment Return$0MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Tax Based On Investment Income$1,275TaxBasedOnInvestmentIncomeAmt
Total Tax$1,275TotalTaxAmt
Distributable Before Adj$1,275DistributableBeforeAdjAmt
Distributable Before Ded$1,275DistributableBeforeDedAmt
Distributable As Adjusted$0DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$61,000ExpensesAndContributionsAmt
Qualifying Distributions$61,000QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$0DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$63,741ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$63,889ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$65,015ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$63,500ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$62,500ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$318,645TotalExcessDistributionCyovAmt
Qualifying Distributions$61,000QualifyingDistributionsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Remaining Distri From Corpus$61,000RemainingDistriFromCorpusAmt
Total Corpus$379,645TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$63,741ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$315,904ExcessDistriCyovToNextYrAmt
Excess From Year4$63,889ExcessFromYear4Amt
Excess From Year3$65,015ExcessFromYear3Amt
Excess From Year2$63,500ExcessFromYear2Amt
Excess From Year1$62,500ExcessFromYear1Amt
Excess From Current Year$61,000ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (7 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
HEMOPHILIA ASSOCATION OF NJ
197 STATE ROUTE 18EAST BRUNSWICKNJ08081NONEPCUNRESTRICTED GRANT FOR DONEE$12,000
RUTGERS UNIVERSITY
7 COLLEGE AVENUENEW BRUNSWICKNJ08816NONEPCUNRESTRICTED GRANT FOR DONEE$10,000
NOTRE DAME CHURCH
359 CENTRAL AVENUENORTH CALDWELLNJ07006NONEEOFUNRESTRICTED GRANT FOR DONEE$20,000
HOLY FAMILY PARISH
1 LLOYD ROADFLORHAM PARKNJ07932NONEPCUNRESTRICTED GRANT FOR DONEE$10,000
NATIONAL COUNCIL OF JEWISH WOMEN
70 SOUTH ORANGE AVENUELIVINGSTONNJ07039NONEPCUNRESTRICTED GRANT FOR DONEE$3,000
V FOUNDATION FOR CANCER RESEARCH
14600 WESTON PARKWAYCARYNC27513NONEPCUNRESTRICTED GRANT FOR DONEE$5,000
NJ FORMER TROOPERS HERITAGE FOUNDAT
PO BOX 7852WEST TRENTONNJ08628NONEPCUNRESTRICTED GRANT FOR DONEE$1,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$61,000TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$4RelatedOrExemptFunctionIncmAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$49,055RelatedOrExemptFunctionIncmAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$42,684RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$91,743RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$91,743TotalIncomeProducingActyAmt

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

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