POSOLI FAMILY FOUNDATION: Form 990PF, tax year 2016
View the entire original 990 at ProPublica ↗
- Organization
- POSOLI FAMILY FOUNDATION (EIN 45-6211344)
- Tax period
- 2016-01-01 to 2016-12-31
- Filed
- 2017-09-12
- IRS object ID
- 201702559349100100
- 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
- Form 990-PF
- Investments Other Schedule2
- Other Expenses Schedule
- Substantial Contributors Sch
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2017-09-12T06:28:13-05:00 | ReturnTs |
| Tax Period End | 2016-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 721396621 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CARR RIGGS & INGRAM LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | TWO RIVERWAY FLOOR 15 | AddressLine1Txt |
| City | HOUSTON | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 77056 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2016-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 456211344 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | POSOLI FAMILY FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | POSO | BusinessNameControlTxt |
| Phone | 7136646431 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5311 VALERIE STREET | AddressLine1Txt |
| City | BELLAIRE | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 77401 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | PAUL POSOLI | PersonNm |
| Person Title | DIRECTOR | PersonTitleTxt |
| Phone | 7136646431 | PhoneNum |
| Signature | 2017-09-11 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | ANNA JOHNSON | PreparerPersonNm |
| PTIN | P00117479 | PTIN |
| Phone | 7136218090 | PhoneNum |
| Preparation | 2017-09-06 | PreparationDt |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 38.100.149.131 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2017-09-11 | IPDt |
| IP Tm | 16:42:11 | IPTm |
| IP Timezone | CD | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | 09FD7F6FA5C1117ACCB50D42B75A00FB459C1DBC | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 90FED1A7C296FBFBD744D4ED3816EF5A76C9DC96 | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2016 | TaxYr |
| Build TS | 2021-01-29 14:40:06Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $4,066,101 | 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 | $651 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $651 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $78,155 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $78,155 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $176,934 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $854,979 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $176,934 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $255,740 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $255,740 | 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 |
| Taxes Rev And Expnss | $5,013 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $1,305 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $0 | TaxesAdjNetIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $26,660 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $25,010 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $0 | OtherExpensesAdjNetIncmAmt |
| Other Expenses Dsbrs Chrtbl | $0 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $31,673 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $26,315 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $160,179 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $160,179 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $191,852 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $26,315 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $160,179 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $63,888 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $229,425 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $195,897 | CashBOYAmt |
| Cash EOY | $542,453 | CashEOYAmt |
| Cash EOYFMV | $542,453 | CashEOYFMVAmt |
| Other Investments BOY | $3,658,647 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $3,375,979 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $3,523,648 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $3,854,544 | TotalAssetsBOYAmt |
| Total Assets EOY | $3,918,432 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $4,066,101 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
| Unrestricted BOY | $3,854,544 | UnrestrictedBOYAmt |
| Unrestricted EOY | $3,918,432 | UnrestrictedEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $3,854,544 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $3,918,432 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $3,854,544 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $3,918,432 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $3,854,544 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $63,888 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $3,918,432 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $3,918,432 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (5 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | How AcquiredHowAcquiredCd |
|---|---|---|---|---|---|---|---|
| BERNSTEIN - STCG | 2016-01-01 | 2016-12-31 | $175,765 | $178,925 | -$3,160 | -$3,160 | |
| BERNSTEIN - LTCG | 2015-01-01 | 2016-12-31 | $300,710 | $265,111 | $35,599 | $35,599 | |
| BERNSTEIN - APPLE INC | 2014-01-01 | 2016-08-25 | $375,709 | $234,009 | $141,700 | $141,700 | |
| BERNSTEIN - CASH IN LIEU OF SALE | 2016-01-01 | 2016-10-27 | $16 | $16 | $16 | ||
| CAPITAL GAINS DIVIDENDS | $2,779 | $2,779 | $2,779 | P |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $176,934 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | 0 | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $190,918 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $3,946,895 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.048372 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $140,404 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $3,015,185 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.046566 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $115,406 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $2,822,189 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.040892 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $131,195 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $2,721,416 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.048208 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $149,940 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $2,111,219 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.071021 | DistributionYr5Rt |
| Total Distribution | 0.255059 | TotalDistributionRt |
| Average Distribution | 0.051012 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $3,728,215 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $190,184 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $2,294 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $192,478 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $160,179 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $4,589 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $4,589 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $4,589 | TaxBasedOnInvestmentIncomeAmt |
| Total Payments And Credits | $0 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $108 | EsPenaltyAmt |
| Tax Due | $4,697 | 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 | TX | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | Yes (1) | 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 | PAUL JOSEPH POSOLI | IndividualWithBooksNm |
| Phone | 7136646431 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5311 VALERIE ST | AddressLine1Txt |
| City | BELLAIRE | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 77401 | 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 |
| 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 (2 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 |
|---|---|---|---|---|---|---|---|---|
| PAUL JOSEPH POSOLI | ||||||||
| 5311 VALERIE STREET | BELLAIRE | TX | 77401 | PRESIDENT | 5.00 | $0 | $0 | $0 |
| JOY MICHELLE POSOLI | ||||||||
| 5311 VALERIE STREET | BELLAIRE | TX | 77401 | VICE-PRESIDENT | 5.00 | $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 |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | FUNDING OF CHARITABLE, RELIGIOUS, SCIENTIFIC, LITERARY, AND EDUCATIONAL PROGRAMS. | Description1Txt |
| Expenses1 | $160,179 | Expenses1Amt |
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 | $3,614,962 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $170,028 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $3,784,990 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $3,784,990 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $56,775 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $3,728,215 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $186,411 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $186,411 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $4,589 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $4,589 | TotalTaxAmt |
| Distributable Before Adj | $181,822 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $181,822 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $181,822 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $160,179 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $160,179 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $160,179 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $181,822 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $38,723 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr1 | $913 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $39,636 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $160,179 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $160,179 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $21,643 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $21,643 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $17,993 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $17,080 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $913 | ExcessDistriCyovToNextYrAmt |
| Excess From Year1 | $913 | ExcessFromYear1Amt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | PAUL JOSEPH POSOLI | ContributingManagerNm |
| Contributing Manager | JOY MICHELLE POSOLI | ContributingManagerNm |
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | PAUL JOSEPH POSOLI | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5311 VALERIE STREET | AddressLine1Txt |
| City | BELLAIRE | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 77401 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 7136646431 | RecipientPhoneNum |
| Form And Info And Materials | N/A | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | N/A | SubmissionDeadlinesTxt |
| Restrictions On Awards | NONE | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (49 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| ANNUNCIATION ORTHODOX SCHOOL | |||||||
| 3600 YOAKUM BLVD | HOUSTON | TX | 77006 | NONE | EDUCATIONAL INSTITUI | FOR GENERAL PURPOSES | $13,000 |
| BELLAIRE LITTLE LEAGUE | |||||||
| PO BOX 2016 | BELLAIRE | TX | 77402 | NONE | PUBLIC CHARITY | FOR GENERAL PURPOSES | $600 |
| CAMP CHO-YEN | |||||||
| 2200 S WASHINGTON AVE | LIVINGSTON | TX | 77351 | NONE | EDUCATIONAL INSTITUI | FOR GENERAL PURPOSES | $2,500 |
| CANCARE | |||||||
| 9575 KATY FREEWAY STE 428 | HOUSTON | TX | 77024 | NONE | PUBLIC CHARITY | FOR GENERAL PURPOSES | $909 |
| CATHOLIC CHARITIES | |||||||
| 2900 LOUISIANA STREET | HOUSTON | TX | 77006 | NONE | RELIGIOUS ORGANIZATI | FOR GENERAL PURPOSES | $2,000 |
| CHILD ADVOCATES INC | |||||||
| 3701 KIRBY DRIVE SUITE 400 | HOUSTON | TX | 77098 | NONE | PUBLIC CHARITY | FOR GENERAL PURPOSES | $10,185 |
| CLIMATE RIDE | |||||||
| 111 N HIGGINS AVE STE 415 | MISSOULA | MT | 59802 | NONE | PUBLIC CHARITY | FOR GENERAL PURPOSES | $1,000 |
| COVENANT HOUSE | |||||||
| 1111 LOVETT BLVD | HOUSTON | TX | 77006 | NONE | PUBLIC CHARITY | FOR GENERAL PURPOSES | $500 |
| CRISTO REY JESUIT | |||||||
| 6700 MOUNT CARMEL STREET | HOUSTON | TX | 77087 | NONE | EDUCATIONAL INSTITUI | FOR GENERAL PURPOSES | $12,460 |
| DAWN'S TOY DRIVE | |||||||
| 5345 MADISON AVE | SACRAMENTO | CA | 95841 | NONE | PUBLIC CHARITY | FOR GENERAL PURPOSES | $500 |
| DISCOVERY GREEN | |||||||
| 1500 MCKINNEY | HOUSTON | TX | 77010 | NONE | PUBLIC CHARITY | FOR GENERAL PURPOSES | $5,000 |
| FAMILY LEGACY MISSIONS | |||||||
| 5005 WEST ROYAL LANE SUITE 252 | IRVING | TX | 75063 | NONE | RELIGIOUS ORGANIZATI | FOR GENERAL PURPOSES | $1,674 |
| GEORGE SCHOOL | |||||||
| 1690 NEWTOWN LANGHORNE RD | NEWTOWN | PA | 18940 | NONE | EDUCATIONAL INSTITUI | FOR GENERAL PURPOSES | $1,893 |
| GUADALUPE RADIO NETWORK | |||||||
| PO BOX 10571 | MIDLAND | TX | 79702 | NONE | PUBLIC CHARITY | FOR GENERAL PURPOSES | $500 |
| HIS GRACE FOUNDATION | |||||||
| PO BOX 722 | TOMBALL | TX | 77377 | NONE | RELIGIOUS ORGANIZATI | FOR GENERAL PURPOSES | $2,500 |
| HOUSTON HOOPS INC | |||||||
| 2909 HIGH VALLEY DR | KINGWOOD | TX | 77345 | NONE | PUBLIC CHARITY | FOR GENERAL PURPOSES | $500 |
| INNER CITY EDUCATION FOUNDATION PUBLIC SCHOOLS | |||||||
| 5120 W GOLDLEAF CIRCLE SUITE 350 | LOS ANGELES | CA | 90056 | NONE | EDUCATIONAL INSTITUI | FOR GENERAL PURPOSES | $5,000 |
| JDRF | |||||||
| 26 BROADWAY | NEW YORK | NY | 10004 | NONE | PUBLIC CHARITY | FOR GENERAL PURPOSES | $250 |
| JESUIT HIGH | |||||||
| 1200 JACOB LANE | CARMICHAEL | CA | 95608 | NONE | EDUCATIONAL INSTITUI | FOR GENERAL PURPOSES | $5,000 |
| KELLOG SCHOOL OF MANAGEMENT | |||||||
| 2169 CAMPUS DR | EVANSTON | IL | 60208 | NONE | EDUCATIONAL INSTITUI | FOR GENERAL PURPOSES | $2,500 |
| KIDS MEALS | |||||||
| 330 GARDEN OAKS | HOUSTON | TX | 77018 | NONE | PUBLIC CHARITY | FOR GENERAL PURPOSES | $1,000 |
| LINDA LORELLE SCHOLARSHIP | |||||||
| 2727 ALLEN PARKWAY 1300 | HOUSTON | TX | 77019 | NONE | EDUCATIONAL INSTITUI | FOR ENDOWMENT PURPOSES | $1,500 |
| MAKING IT BETTER | |||||||
| 14781 MEMORIAL DR 25 | HOUSTON | TX | 77079 | NONE | EDUCATIONAL INSTITUI | FOR GENERAL PURPOSES | $2,000 |
| MARCH OF DIMES | |||||||
| 3000 WESLAYAN ST 100 | HOUSTON | TX | 77027 | NONE | PUBLIC CHARITY | FOR GENERAL PURPOSES | $250 |
| MARIAN SERVANTS OF THE INCARNATE WISDOM | |||||||
| PO BOX 19070 | HOUSTON | TX | 77224 | NONE | RELIGIOUS ORGANIZATI | FOR GENERAL PURPOSES | $500 |
| MARINE CORPS SCHOLARSHIP FOUNDATION | |||||||
| 909 N WASHINGTON STREET SUITE 400 | ALEXANDRIA | VA | 22314 | NONE | EDUCATIONAL INSTITUI | TO FUND SCHOLARSHIP PROGRAM | $5,000 |
| NEHAUS EDUCATION CENTER | |||||||
| 4433 BISSONNET | BELLAIRE | TX | 77401 | NONE | EDUCATIONAL INSTITUI | FOR GENERAL PURPOSES | $1,000 |
| NEW HORIZONS | |||||||
| 5120 WOODWAY STE 200 | HOUSTON | TX | 77056 | NONE | PUBLIC CHARITY | FOR GENERAL PURPOSES | $500 |
| PARADISUS DEI | |||||||
| PO BOX 19127 | HOUSTON | TX | 77224 | NONE | RELIGIOUS ORGANIZATI | FOR GENERAL PURPOSES | $3,000 |
| POWER 2 GIVE | |||||||
| 227 W TRADE ST | CHARLOTTE | NC | 28202 | NONE | PUBLIC CHARITY | FOR GENERAL PURPOSES | $268 |
| REFUGE FOR DMST - AUSTIN | |||||||
| PO BOX 90804 | AUSTIN | TX | 78709 | NONE | PUBLIC CHARITY | FOR GENERAL PURPOSES | $1,000 |
| RONALD MCDONALD HOUSE | |||||||
| 1907 HOLCOLME BLVD | HOUSTON | TX | 77030 | NONE | PUBLIC CHARITY | FOR GENERAL PURPOSES | $5,000 |
| SAN FRANCISCO NATIVITY | |||||||
| 245 LINDEN ST | SAN FRANCISCO | CA | 94102 | NONE | RELIGIOUS ORGANIZATI | FOR GENERAL PURPOSES | $5,000 |
| SAN JUAN DIEGO CHURCH | |||||||
| 14520 MONTANA AVENUE | EL PASO | TX | 79938 | NONE | RELIGIOUS ORGANIZATI | FOR GENERAL PURPOSES | $2,500 |
| SMALL STEPS NURTURING CENTER | |||||||
| 1709 DEPELCHIN ST | HOUSTON | TX | 77007 | NONE | EDUCATIONAL INSTITUI | FOR GENERAL PURPOSES | $11,500 |
| ST THOMAS | |||||||
| 3800 MONTROSE | HOUSTON | TX | 77006 | NONE | RELIGIOUS ORGANIZATI | FOR GENERAL PURPOSES | $1,000 |
| ST VINCENT DE PAUL | |||||||
| 6800 BUFFALO SPEEDWAY | HOUSTON | TX | 77025 | NONE | RELIGIOUS ORGANIZATI | FOR GENERAL PURPOSES | $150 |
| STRAKE JESUIT COLLEGE PREPARATORY | |||||||
| 8900 BELLAIRE BLVD | HOUSTON | TX | 77036 | NONE | EDUCATIONAL INSTITUI | FOR GENERAL PURPOSES | $10,500 |
| SUITES OF HOPE | |||||||
| PO BOX 102 | BELLAIRE | TX | 77402 | NONE | PUBLIC CHARITY | FOR GENERAL PURPOSES | $500 |
| THE DRIVEN | |||||||
| 1575 DELUCCHI LANE STE 115 | RENO | NV | 89502 | NONE | PUBLIC CHARITY | FOR GENERAL PURPOSES | $500 |
| THE PERIWINKLE FOUNDATION | |||||||
| 3000 RICHMOND 340 | HOUSTON | TX | 77098 | NONE | PRIVATE FOUNDATION | FOR ENDOWMENT PURPOSES | $3,250 |
| THE WOODS PROJECT | |||||||
| 2700 SOUTHWEST FREEWAY SUITE B | HOUSTON | TX | 77098 | NONE | PUBLIC CHARITY | FOR GENERAL PURPOSES | $5,000 |
| THE YMCA | |||||||
| 7101 STELLA LINK BLVD | HOUSTON | TX | 77025 | NONE | PUBLIC CHARITY | FOR GENERAL PURPOSES | $6,000 |
| TIRR MEMORIAL HERMANN | |||||||
| 1333 MOURSUND ST | HOUSTON | TX | 77030 | NONE | PUBLIC CHARITY | FOR GENERAL PURPOSES | $2,500 |
| UNBOUND | |||||||
| 1 ELMWOOD AVE | KANSAS CITY | KS | 66103 | NONE | PUBLIC CHARITY | FOR GENERAL PURPOSES | $432 |
| UNIVERSITY OF MIAMI BUSINESS SCHOOL | |||||||
| 5821 SAN AMARO DRIVE | CORAL GABLES | FL | 33146 | NONE | EDUCATIONAL INSTITUI | FOR GENERAL PURPOSES | $2,500 |
| UNIVERSITY OF MIAMI DEPARTMENT OF ATHLETICS | |||||||
| 5821 SAN AMARO DRIVE | CORAL GABLES | FL | 33146 | NONE | EDUCATIONAL INSTITUI | TO FUND SCHOLARSHIP PROGRAM | $13,918 |
| YELLOWSTONE | |||||||
| PO BOX 168 | YELLOWSTONE NATIONAL P | WY | 82190 | NONE | EDUCATIONAL INSTITUI | FOR GENERAL PURPOSES | $1,000 |
| YOUNG CATHOLIC PROFESSIONALS | |||||||
| 6060 N CENTRAL EXPY STE 500 | DALLAS | TX | 75206 | NONE | RELIGIOUS ORGANIZATI | FOR GENERAL PURPOSES | $4,440 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $160,179 | 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 | $651 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $78,155 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $176,934 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $255,740 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $255,740 | 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 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | BERNSTEIN & CO., LLC | CategoryOrItemTxt |
| Listed At Cost Or FMV | AT COST | ListedAtCostOrFMVCd |
| Book Value | $3,375,979 | BookValueAmt |
| EOYFMV | $3,523,648 | EOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| LEGAL & PROFESSIONAL FEES | $3,300 | $1,650 | $0 | $0 |
| INVESTMENT MANAGEMENT FEES | $23,360 | $23,360 | $0 | $0 |
Substantial Contributors Sch SubstantialContributorsSch
Substantial Contributor Detail SubstantialContributorDetail (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd |
|---|---|---|---|
| PAUL JOSEPH POSOLI | |||
| 5311 VALERIE ST | BELLAIRE | TX | 77401 |
| JOY MICHELLE POSOLI | |||
| 5311 VALERIE ST | BELLAIRE | TX | 77401 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| FOREIGN TAXES PAID | $1,305 | $1,305 | $0 | $0 |
| 990-PF TRUST EXCISE TAXES | $3,708 | $0 | $0 | $0 |
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