ARMENIA EMPYREAN FOUNDATION: Form 990PF, tax year 2016

View the entire original 990 at ProPublica ↗

Organization
ARMENIA EMPYREAN FOUNDATION (EIN 20-8038153)
Tax period
2016-01-01 to 2016-12-31
Filed
2017-05-05
IRS object ID
201721259349101952
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)
Return2017-05-05T14:27:54-05:00ReturnTs
Tax Period End2016-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Foundation SourceBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1One Hollow Ln Ste 212AddressLine1Txt
CityLake SuccessCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11042ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2016-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN208038153EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Raffi & Nina Festekjian FoundationBusinessNameLine1Txt
FieldValueIRS element (for citing)
In Care Of% Foundation SourceInCareOfNm
Business Name ControlRAFFBusinessNameControlTxt
Phone8008391754PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1Foundation Source 501 Silverside RdAddressLine1Txt
CityWilmingtonCityNm
State AbbreviationDEStateAbbreviationCd
ZIP198091377ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonRAFFI FESTEKJIANPersonNm
Person TitlepresidentPersonTitleTxt
Phone8008391754PhoneNum
Signature2017-05-01SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJeffrey D HaskellPreparerPersonNm
PTINP01345770PTIN
Phone8008391754PhoneNum

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address24.187.244.114IPv4AddressTxt
FieldValueIRS element (for citing)
Federal Original Submission Id06391520171255000063FederalOriginalSubmissionId
Federal Original Submission Id2017-05-05FederalOriginalSubmissionIdDt
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device Id9D59D74B225D538E4555D08F8D8ED29667824494AtSubmissionCreationDeviceId
At Submission Filing Device Id0B775BB9C0E0C9DA339247063A24C50179569C8EAtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2016TaxYr
Build TS2021-01-29 14:40:06ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$126,387FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$52,369ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss$1InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$1InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$191DividendsRevAndExpnssAmt
Dividends Net Invst Incm$191DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss-$83,750NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$142,803GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$0CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss-$31,189TotalRevAndExpnssAmt
Total Net Invst Incm$192TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$0CompOfcrDirTrstRevAndExpnssAmt
Other Prof Fees Rev And Expnss$791OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm$791OtherProfFeesNetInvstIncmAmt
Other Expenses Rev And Expnss$5,043OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$18OtherExpensesNetInvstIncmAmt
Other Expenses Dsbrs Chrtbl$5,025OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$5,834TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$809TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$5,025TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$78,650ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$78,650ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$84,484TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$809TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$83,675TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$115,673ExcessRevenueOverExpensesAmt
Net Investment Income$0NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$41SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$10,921SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$10,921SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY$144,517CorporateStockBOYAmt
Corporate Stock EOY$117,964CorporateStockEOYAmt
Corporate Stock EOYFMV$115,466CorporateStockEOYFMVAmt
Corporate Bonds BOY$100,000CorporateBondsBOYAmt
Total Assets BOY$244,558TotalAssetsBOYAmt
Total Assets EOY$128,885TotalAssetsEOYAmt
Total Assets EOYFMV$126,387TotalAssetsEOYFMVAmt
Total Liabilities BOY$0TotalLiabilitiesBOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow SFAS117Yes (X)OrgDoesNotFollowSFAS117Ind
Retained Earning BOY$244,558RetainedEarningBOYAmt
Retained Earning EOY$128,885RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$244,558TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$128,885TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$244,558TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$128,885TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$244,558TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$115,673ExcessRevenueOverExpensesAmt
Subtotal$128,885SubtotalAmt
Tot Net Ast Or Fund Balances EOY$128,885TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp

FieldValueIRS element (for citing)
PropertyPublicly-traded SecuritiesPropertyDesc
Gross Sales Price$142,803GrossSalesPriceAmt
Cost Or Other Basis$226,553CostOrOtherBasisAmt
Gain Or Loss-$83,750GainOrLossAmt
Gains Minus Excess Or Losses-$83,750GainsMinusExcessOrLossesAmt
FieldValueIRS element (for citing)
Capital Gain Net Income-$83,750CapitalGainNetIncomeAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$91,475AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$174,215NetVlNoncharitableAssetsYr1Amt
Distribution Yr10.52507DistributionYr1Rt
Adjusted Qlfy Distri Yr2$169,253AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$230,559NetVlNoncharitableAssetsYr2Amt
Distribution Yr20.734098DistributionYr2Rt
Adjusted Qlfy Distri Yr3$72,207AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$263,681NetVlNoncharitableAssetsYr3Amt
Distribution Yr30.273842DistributionYr3Rt
Adjusted Qlfy Distri Yr4$54,069AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4$251,854NetVlNoncharitableAssetsYr4Amt
Distribution Yr40.214684DistributionYr4Rt
Adjusted Qlfy Distri Yr5$167,034AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5$305,268NetVlNoncharitableAssetsYr5Amt
Distribution Yr50.547172DistributionYr5Rt
Total Distribution2.294866TotalDistributionRt
Average Distribution0.458973AverageDistributionRt
Net Vl Noncharitable Assets$133,996NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$61,501AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct$0NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$61,501AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$83,675QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Domestic Org Meeting Sect4940eYes (X)DomesticOrgMeetingSect4940eInd
Investment Income Excise Tax$0InvestmentIncomeExciseTaxAmt
Subtotal$0SubtotalAmt
Tax Based On Investment Income$0TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$250EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits$250TotalPaymentsAndCreditsAmt
Overpayment$250OverpaymentAmt
Applied To ES Tax$250AppliedToESTaxAmt

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 EtcYes (true)OrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateDEOrgReportOrRegisterStateCd
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

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1Foundation SourceBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone8008391754PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1501 Silverside Road Suite 123AddressLine1Txt
CityWilmingtonCityNm
State AbbreviationDEStateAbbreviationCd
ZIP198091377ZIPCd
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

FieldValueIRS element (for citing)
PersonRaffi FestekjianPersonNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1Foundation Source 501 Silverside RdAddressLine1Txt
CityWilmingtonCityNm
State AbbreviationDEStateAbbreviationCd
ZIP198091377ZIPCd
FieldValueIRS element (for citing)
TitlePres / Dir / SecTitleTxt
Average Hrs Per Wk Devoted To Pos1.0AverageHrsPerWkDevotedToPosRt
Compensation$0CompensationAmt
Employee Benefit Program$0EmployeeBenefitProgramAmt
Expense Account Other Allwnc$0ExpenseAccountOtherAllwncAmt
FieldValueIRS element (for citing)
Summary Of Direct Chrtbl ActySummaryOfDirectChrtblActyGrp
Sum Of Program Related InvstSumOfProgramRelatedInvstGrp

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$122,551AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$13,486AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$136,037TotalFMVOfUnusedAssetsAmt
Acquisition Indebtedness$0AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast$136,037AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$2,041CashDeemedCharitableAmt
Net Vl Noncharitable Assets$133,996NetVlNoncharitableAssetsAmt
Minimum Investment Return$6,700MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$6,700MinimumInvestmentReturnAmt
Tax Based On Investment Income$0TaxBasedOnInvestmentIncomeAmt
Total Tax$0TotalTaxAmt
Distributable Before Adj$6,700DistributableBeforeAdjAmt
Distributable Before Ded$6,700DistributableBeforeDedAmt
Distributable As Adjusted$6,700DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$83,675ExpensesAndContributionsAmt
Program Related Invst Total$0ProgramRelatedInvstTotalAmt
Charitable Assets Acquis Paid$0CharitableAssetsAcquisPaidAmt
Set Aside Suitability Test$0SetAsideSuitabilityTestAmt
Set Aside Cash Distri Test$0SetAsideCashDistriTestAmt
Qualifying Distributions$83,675QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm$0PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri$83,675AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$6,700DistributableAsAdjustedAmt
Prior Year12014PriorYear1Yr
Prior Year22013PriorYear2Yr
Prior Year32012PriorYear3Yr
Excess Distribution Cyov Yr5$152,313ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$41,719ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$59,381ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$158,409ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$82,764ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$494,586TotalExcessDistributionCyovAmt
Qualifying Distributions$83,675QualifyingDistributionsAmt
Applied To Current Year$6,700AppliedToCurrentYearAmt
Remaining Distri From Corpus$76,975RemainingDistriFromCorpusAmt
Total Corpus$571,561TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$152,313ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$419,248ExcessDistriCyovToNextYrAmt
Excess From Year4$41,719ExcessFromYear4Amt
Excess From Year3$59,381ExcessFromYear3Amt
Excess From Year2$158,409ExcessFromYear2Amt
Excess From Year1$82,764ExcessFromYear1Amt
Excess From Current Year$76,975ExcessFromCurrentYearAmt
FieldValueIRS element (for citing)
Private Operating FoundationsPrivateOperatingFoundationsGrp

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (14 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
ARMENIAN AMERICAN MEDICAL SOCIETY OF CALIFORNIA IN
PO BOX 32GLENDALECA91209N/APCGeneral & Unrestricted$250
ARMENIAN CHURCH OF THE HOLY TRANSLATORS
38 FRANKLIN STFRAMINGHAMMA01702N/APCGeneral & Unrestricted$150
ARMENIAN GENERAL BENEVOLENT UNION
55 E 59TH STNEW YORKNY10022N/APCGeneral & Unrestricted$8,000
ARMENIAN GENERAL BENEVOLENT UNION
55 E 59TH STNEW YORKNY10022N/APCAYB School in Armenia Project$25,000
ARMENIAN HERITAGE TRIBUTE AND GENOCIDE MEMORIAL FO
165 PRINCETON AVEWALTHAMMA02451N/APCGeneral & Unrestricted$10,500
ARMENIAN INTERNATIONAL WOMENS ASSOCIATION INC
65 MAIN ST STE 3AWATERTOWNMA02472N/APCGeneral & Unrestricted$2,500
ARMENIAN MISSIONARY ASSOC OF AMER INC
31 W CENTURY RDPARAMUSNJ07652N/APCGeneral & Unrestricted$500
CHILDREN OF ARMENIA FUND INC
149 5TH AVE STE 500NEW YORKNY10010N/APCGeneral & Unrestricted$11,000
HOLY TRINITY ARMENIAN APOSTOLIC CHURCH OF GREATER
145 BRATTLE STCAMBRIDGEMA02138N/APCGeneral & Unrestricted$300
HOMENETMEN INC
47 NICHOLS AVEWATERTOWNMA02472N/APCGeneral & Unrestricted$1,450
NATIONAL ASSOCIATION FOR ARMENIAN STUDIES AND RESE
395 CONCORD AVEBELMONTMA02478N/APCGeneral & Unrestricted$1,000
ST STEPHENS ARMENIAN APOSTOLIC CHURCH OF GREATER B
38 ELTON AVEWATERTOWNMA02472N/APCGeneral & Unrestricted$6,000
TEKEYAN CULTURAL ASSOCIATION INC
755 MOUNT AUBURN STWATERTOWNMA02472N/APCArmenian Mirror Spectator Division$2,000
VEM USA INC
2858 PINELAWN DRLA CRESCENTACA91214N/APCGeneral & Unrestricted$10,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$78,650TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

FieldValueIRS element (for citing)
Fees Contracts From Govt AgFeesContractsFromGovtAgGrp
Membership Dues And AssmntMembershipDuesAndAssmntGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$1ExclusionAmt

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$191ExclusionAmt
FieldValueIRS element (for citing)
Net Rntl Incm Re Debt Fincd PropNetRntlIncmReDebtFincdPropGrp
Net Rntl Incm Re Not Debt Fincd PropNetRntlIncmReNotDebtFincdProp
Net Rental Income Personal PropNetRentalIncomePersonalPropGrp
Other Investment Incm Part VIIOtherInvestmentIncmPartVIIGrp

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion-$83,750ExclusionAmt
FieldValueIRS element (for citing)
Net Income Loss From Special EvtNetIncomeLossFromSpecialEvtGrp
Gross Profit Loss Sls Of InvntryGrossProfitLossSlsOfInvntryGrp

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion-$83,558ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty-$83,558TotalIncomeProducingActyAmt

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 PersonFestekjian RaffiContributorPersonNm

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line14 McCall RoadAddressLine1Txt
CityWinchesterCityNm
State AbbreviationMAStateAbbreviationCd
ZIP01890ZIPCd
FieldValueIRS element (for citing)
Total Contributions$52,369TotalContributionsAmt
Person ContributionYes (X)PersonContributionInd

Depreciation Schedule DepreciationSchedule

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (2 entries)

StockStockNmEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
CITIGROUP INC$17,964$20,266
SP500 LINKED ISSUER HSBC$100,000$95,200

Liquidation Explanation Stmt LiquidationExplanationStmt

FieldValueIRS element (for citing)
ExplanationThis statement is submitted to report the distribution of certain assets during the year. The distributions resulted in a substantial contraction of assets. The following information is submitted in accordance with Treasury Regulation Section 1.6043-3(a)(1) and the Form 990-PF instructions: During the taxable year ending December 31, 2016, the Foundation made distributions from assets from sources other than current income. Collectively, the distributions in excess of current income totaled $78,650. This amount represents over 25% of the Foundation's net assets of $157,569 (as measured by fair market value) at the beginning of the Foundation's taxable year ending December 31, 2016. Although the Foundation technically experienced a substantial contraction, it will continue in existence and has no plans for dissolution. The Foundation made distributions of cash to the grantees listed in the attachment to Part XV, Line 3a; each such grant was made solely for the charitable purpose specified therein.ExplanationTxt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmtNet Investment IncomeNetInvestmentIncomeAmt
Administrative Fees$5,000$5,000
Bank Charges$18$18
State or Local Filing Fees$25$25

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

FieldValueIRS element (for citing)
CategoryInvestment Management ServicesCategoryTxt
Amt$791Amt
Net Investment Income$791NetInvestmentIncomeAmt

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