MORSE HILL FOUNDATION INC: Form 990PF, tax year 2016
View the entire original 990 at ProPublica ↗
- Organization
- MORSE HILL FOUNDATION INC (EIN 22-3083890)
- Tax period
- 2016-01-01 to 2016-12-31
- Filed
- 2017-05-12
- IRS object ID
- 201711329349102216
- 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
- Accounting Fees Schedule
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Other Assets Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2017-05-12T13:57:45-05:00 | ReturnTs |
| Tax Period End | 2016-12-31 | 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 | 2016-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 223083890 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MORSE HILL FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | MORS | BusinessNameControlTxt |
| Phone | 5184654747 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 20 CORPORATE WOODS BLVD SUITE 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 | 2017-05-09 | 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 |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 64.20.172.134 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2017-05-09 | IPDt |
| IP Tm | 10:50:28 | IPTm |
| IP Timezone | ED | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 7562943CE46A53D84A197558264F0E6A4E2D2ACB | 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 | $11,744,775 | 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 | $59,064 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $59,064 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $218,287 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $218,287 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $196,382 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $3,159,964 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $196,382 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $100 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $100 | OtherIncomeNetInvstIncmAmt |
| Other Income Adj Net Incm | $0 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | $473,833 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $473,833 | 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 | $1,100 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $550 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $550 | AccountingFeesChrtblPrpsAmt |
| Taxes Rev And Expnss | $21,950 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $9,451 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $0 | TaxesAdjNetIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $78,258 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $50,266 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $0 | OtherExpensesAdjNetIncmAmt |
| Other Expenses Dsbrs Chrtbl | $27,992 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $101,308 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $60,267 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $28,542 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $566,862 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $566,862 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $668,170 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $60,267 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $595,404 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$194,337 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $413,566 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $99,822 | CashBOYAmt |
| Cash EOY | $27,991 | CashEOYAmt |
| Cash EOYFMV | $27,991 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $51,478 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $20,624 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $20,624 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $7,423,675 | CorporateStockBOYAmt |
| Corporate Stock EOY | $7,372,520 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $9,017,958 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $2,749,489 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $2,694,227 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $2,656,904 | CorporateBondsEOYFMVAmt |
| Other Assets BOY | $13,478 | OtherAssetsBOYAmt |
| Other Assets EOY | $12,680 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $21,298 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $10,337,942 | TotalAssetsBOYAmt |
| Total Assets EOY | $10,128,042 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $11,744,775 | TotalAssetsEOYFMVAmt |
| Grants Payable BOY | $90,000 | GrantsPayableBOYAmt |
| Grants Payable EOY | $90,000 | GrantsPayableEOYAmt |
| Total Liabilities BOY | $90,000 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $90,000 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Capital Stock BOY | $10,247,942 | CapitalStockBOYAmt |
| Capital Stock EOY | $10,038,042 | 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 | $10,247,942 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $10,038,042 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $10,337,942 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $10,128,042 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $10,247,942 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$194,337 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $10,053,605 | SubtotalAmt |
| Other Decreases | $15,563 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $10,038,042 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (32 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| JENSEN LARGE GROWTH FUND | P | 2014-03-19 | 2016-06-08 | $6,969 | $6,647 | $322 | $322 |
| JENSEN LARGE GROWTH FUND | P | 2014-06-24 | 2016-06-08 | $7,502 | $7,296 | $206 | $206 |
| JENSEN LARGE GROWTH FUND | P | 2014-09-17 | 2016-06-08 | $6,559 | $6,479 | $80 | $80 |
| JENSEN LARGE GROWTH FUND | P | 2014-12-18 | 2016-06-08 | $8,112 | $8,328 | -$216 | -$216 |
| JENSEN LARGE GROWTH FUND | P | 2014-12-18 | 2016-06-08 | $93,352 | $95,841 | -$2,489 | -$2,489 |
| JENSEN LARGE GROWTH FUND | P | 2015-03-18 | 2016-06-08 | $6,708 | $6,985 | -$277 | -$277 |
| JENSEN LARGE GROWTH FUND | P | 2015-06-23 | 2016-06-08 | $9,780 | $10,145 | -$365 | -$365 |
| JENSEN LARGE GROWTH FUND | P | 2013-12-24 | 2016-06-08 | $52,269 | $49,217 | $3,052 | $3,052 |
| PIMCO LOW DURATION FUND | P | 2013-07-31 | 2016-07-27 | $2,509,877 | $2,608,755 | -$98,878 | -$98,878 |
| PIMCO LOW DURATION FUND | P | 2014-12-29 | 2016-07-27 | $61,488 | $62,414 | -$926 | -$926 |
| PIMCO LOW DURATION FUND | P | 2015-01-01 | 2016-07-27 | $5,484 | $5,566 | -$82 | -$82 |
| PIMCO LOW DURATION FUND | P | 2015-02-01 | 2016-07-27 | $3,164 | $3,219 | -$55 | -$55 |
| PIMCO LOW DURATION FUND | P | 2015-03-01 | 2016-07-27 | $2,950 | $3,012 | -$62 | -$62 |
| PIMCO LOW DURATION FUND | P | 2015-04-01 | 2016-07-27 | $3,025 | $3,086 | -$61 | -$61 |
| PIMCO LOW DURATION FUND | P | 2015-05-01 | 2016-07-27 | $6,797 | $6,913 | -$116 | -$116 |
| PIMCO LOW DURATION FUND | P | 2015-06-01 | 2016-07-27 | $7,364 | $7,474 | -$110 | -$110 |
| PIMCO LOW DURATION FUND | P | 2015-07-01 | 2016-07-27 | $5,512 | $5,579 | -$67 | -$67 |
| PIMCO LOW DURATION FUND | P | 2015-08-01 | 2016-07-27 | $7,500 | $7,582 | -$82 | -$82 |
| PIMCO LOW DURATION FUND | P | 2015-09-01 | 2016-07-27 | $6,609 | $6,635 | -$26 | -$26 |
| PIMCO LOW DURATION FUND | P | 2015-10-01 | 2016-07-27 | $5,432 | $5,420 | $12 | $12 |
| PIMCO LOW DURATION FUND | P | 2015-11-01 | 2016-07-27 | $4,701 | $4,710 | -$9 | -$9 |
| PIMCO LOW DURATION FUND | P | 2015-12-01 | 2016-07-27 | $3,755 | $3,755 | $0 | $0 |
| PIMCO LOW DURATION FUND | P | 2015-12-29 | 2016-07-27 | $2,702 | $2,693 | $9 | $9 |
| PIMCO LOW DURATION FUND | P | 2016-01-01 | 2016-07-27 | $5,417 | $5,400 | $17 | $17 |
| PIMCO LOW DURATION FUND | P | 2016-02-01 | 2016-07-27 | $2,588 | $2,579 | $9 | $9 |
| PIMCO LOW DURATION FUND | P | 2016-03-01 | 2016-07-27 | $2,265 | $2,244 | $21 | $21 |
| PIMCO LOW DURATION FUND | P | 2016-04-01 | 2016-07-27 | $5,206 | $5,194 | $12 | $12 |
| PIMCO LOW DURATION FUND | P | 2016-05-01 | 2016-07-27 | $4,534 | $4,533 | $1 | $1 |
| PIMCO LOW DURATION FUND | P | 2016-06-01 | 2016-07-27 | $5,644 | $5,637 | $7 | $7 |
| PIMCO LOW DURATION FUND | P | 2016-07-01 | 2016-07-27 | $6,026 | $6,019 | $7 | $7 |
| PIMCO LOW DURATION FUND | P | 2016-08-01 | 2016-07-27 | $4,088 | $4,225 | -$137 | -$137 |
| PARTNERSHIP GAINS | P | 2014-06-01 | 2016-07-18 | $296,585 | $296,585 | $296,585 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $196,382 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | -$387 | NetShortTermCapitalGainLossAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | 0 | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $0 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $0 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.000000 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $546,848 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $11,805,627 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.046321 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $504,888 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $11,132,600 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.045352 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $481,896 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $10,249,286 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.047018 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $487,726 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $10,135,105 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.048122 | DistributionYr5Rt |
| Total Distribution | 0.186813 | TotalDistributionRt |
| Average Distribution | 0.037363 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $11,852,982 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $442,863 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $4,136 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $446,999 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $595,404 | 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 | $4,136 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $4,136 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $4,136 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $11,376 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $11,376 | TotalPaymentsAndCreditsAmt |
| Overpayment | $7,240 | OverpaymentAmt |
| Applied To ES Tax | $4,160 | AppliedToESTaxAmt |
| Refund | $3,080 | RefundAmt |
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) |
|---|---|---|
| Tax Exempt Interest | $0 | TaxExemptInterestAmt |
| 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 | VP/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 | $11,446,001 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $587,483 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $12,033,484 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $12,033,484 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $180,502 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $11,852,982 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $592,649 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $592,649 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $4,136 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $4,136 | TotalTaxAmt |
| Distributable Before Adj | $588,513 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $588,513 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $588,513 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $595,404 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $595,404 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $4,136 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $591,268 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $588,513 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $566,862 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $595,404 | QualifyingDistributionsAmt |
| Applied To Year1 | $566,862 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $28,542 | 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 | $559,971 | 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 (15 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|
| THE ALBANY ACADEMIES | |||||
| 135 ACADEMY ROAD | ALBANY | NY | 12208 | PLEDGE PAYMENT | $50,000 |
| CAPITAL CITY RESCUE MISSION | |||||
| PO BOX 1999 | ALBANY | NY | 12201 | 2016 GRANT TO BE DIRECTED TO HEALTHCARE FOR THE HOMELESS AND POOR | $10,000 |
| CAPITAL REGION YOUTH TENNIS FOUNDATION INC | |||||
| 785 WASHINGTON AVENUE | ALBANY | NY | 12206 | SUPPORT OF 15-LOVE'S COLLEGE PREP PROGRAM | $20,000 |
| CATHEDRAL OF THE IMMACULATE CONCEPTION | |||||
| 125 EAGLE STREET | ALBANY | NY | 12202 | 2016 GIFT FOR THE SACRISTIES REPAIRS AND RENOVATION PROJECT | $10,000 |
| COMMUNITY FOUNDATION FOR PALM BEACH AND MARTIN COUNTIES | |||||
| 700 SOUTH DIXIE HIGHWAY SUITE 200 | WEST PALM BEACH | FL | 33401 | 2016 CONTRIBUTION TO THE MORSE HILL FOUNDATION DONOR ADVISED FUND | $119,681 |
| DORSET THEATRE FESTIVAL | |||||
| PO BOX 510 | DORSET | VT | 05251 | 2016 GIFT FOR THE UPCOMING SEASON | $5,000 |
| COMMUNITY FOOD CUPBOARD INC | |||||
| PO BOX 864 | MANCHESTER CENTER | VT | 05255 | 2016 GIFT | $5,000 |
| NORTHSHIRE INTERFAITH COUNCIL | |||||
| PO BOX 2644 | MANCHESTER CENTER | VT | 05255 | 2016 GIFT IN SUPPORT OF THEIR PROGRAMS | $5,000 |
| KOINONIA PRIMARY CARE INC | |||||
| 553 CLINTON AVENUE | ALBANY | NY | 12206 | 2016 SUPPORT FOR THEIR PROGRAMS | $20,000 |
| OPPORTUNITY EARLY LEARNING CENTER | |||||
| 1713 QUAIL DRIVE | WEST PALM BEACH | FL | 33409 | 2016 GIFT TO THE OPPORTUNITY EARLY LEARNING CENTER'S CAPITAL CAMPAIGN | $125,000 |
| QUANTUM HOUSE | |||||
| 987 45TH STREET | WEST PALM BEACH | FL | 33407 | PLEDGE PAYMENT | $40,000 |
| SECOND CHANCE ANIMAL CENTER | |||||
| PO BOX 620 | SHAFTSBURY | VT | 05262 | 2016 GIFT IN SUPPORT OF THEIR CAPITAL CAMPAIGN | $2,500 |
| ST GEORGE'S CENTER | |||||
| PO BOX 10584 | RIVIERA BEACH | FL | 33419 | 2016 GRANT IN SUPPORT OF THE FEEDING AND TEACHING OUTREACH PROGRAM | $10,000 |
| VERMONT COMMUNITY FOUNDATION | |||||
| 3 COURT STREET | MIDDLEBURY | VT | 05753 | 2016 CONTRIBUTION TO THE MORSE HILL FOUNDATION VERMONT DONOR ADVISED FUND | $119,681 |
| VILLAGE BAPTIST CHURCHFEED THE HUNGRY | |||||
| 3600 VILLAGE ROAD | WEST PALM BEACH | FL | 33407 | 2016 GIFT FOR THE FEED THE HUNGRY FOOD MINISTRY PROGRAM | $25,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $566,862 | 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 | $59,064 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $218,287 | ExclusionAmt |
Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $100 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $196,382 | 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 | $473,833 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $473,833 | 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 | $1,100 | Amt |
| Net Investment Income | $550 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $550 | DisbursementsCharitablePrpsAmt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (2 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| PIMCO LOW DURATION | $0 | $0 |
| VANGUARD SHORT TERM | $2,694,227 | $2,656,904 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (6 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| MJP LARGE CAP FUND,LLC | $1,159,512 | $2,074,237 |
| MJP INTERNATIONAL FUND | $630,964 | $672,541 |
| MJP SMALL CAP FUND | $993,264 | $1,283,910 |
| MECHANICAL TECHNOLOGY STOCK | $262,506 | $2,854 |
| JENSEN LARGE GROWTH | $1,952,238 | $2,616,456 |
| SEMPER VIC PARTNERS | $2,374,036 | $2,367,960 |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | KMP PROPERTIES | Desc |
| BOY Book Value | $13,478 | BOYBookValueAmt |
| EOY Book Value | $12,680 | EOYBookValueAmt |
| EOYFMV | $21,298 | EOYFMVAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | UNREALIZED DEPRECIATION | Desc |
| Amt | $15,563 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (7 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| CHARITIES FEE | $750 | $0 | $0 | $750 |
| FTC FEE | $3,388 | $1,694 | $0 | $1,694 |
| K-1 INVESTMENT EXPENSES | $23,174 | $23,174 | $0 | $0 |
| MISC EXPENSES | $416 | $208 | $0 | $208 |
| MJP HOLDINGS | $50,250 | $25,125 | $0 | $25,125 |
| LAW JOURNAL | $150 | $0 | $0 | $150 |
| FIDUCIARY UNITIZATION | $130 | $65 | $0 | $65 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER INCOME | Desc |
| Revenue And Expenses Per Books | $100 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $100 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (4 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| FOREIGN TAX | $9,451 | $9,451 | $0 | $0 |
| BUSINESS TAX | $33 | $0 | $0 | $0 |
| CURRENT YEAR ESTIMATES | $11,376 | $0 | $0 | $0 |
| PAYMENT WITH RETURN | $1,090 | $0 | $0 | $0 |
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