PAUL AND DANA MAGNO FAMILY FOUNDATION INC: Form 990PF, tax year 2016

View the entire original 990 at ProPublica ↗

Organization
PAUL AND DANA MAGNO FAMILY FOUNDATION INC (EIN 27-0755271)
Tax period
2016-07-01 to 2017-06-30
Filed
2017-11-14
IRS object ID
201723189349100222
Schema version
2016v3.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2017-11-14T07:14:48-08:00ReturnTs
Tax Period End2017-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Maida Mackler LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1139A Old Trenton RdAddressLine1Txt
CityCranburyCityNm
State AbbreviationNJStateAbbreviationCd
ZIP08512ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2016-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN270755271EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1The Paul and Dana Magno Family FoundatioBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlPAULBusinessNameControlTxt
Phone6098826874PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1855 Parkway AvenueAddressLine1Txt
CityTrentonCityNm
State AbbreviationNJStateAbbreviationCd
ZIP08618ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonDana MagnoPersonNm
Person TitleTrusteePersonTitleTxt
Signature2017-11-14SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonSharon Thorp CPA MBAPreparerPersonNm
PTINP00967471PTIN
Phone6094434409PhoneNum
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$463,282FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$50,000ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss$11InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$11InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm$11InterestOnSavingsAdjNetIncmAmt
Dividends Rev And Expnss$19,469DividendsRevAndExpnssAmt
Dividends Net Invst Incm$19,469DividendsNetInvstIncmAmt
Dividends Adj Net Incm$19,469DividendsAdjNetIncmAmt
Net Gain Sale Ast Rev And Expnss$8,402NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$92,855GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$8,402CapGainNetIncmNetInvstIncmAmt
Net ST Capital Gain Adj Net Incm$603NetSTCapitalGainAdjNetIncmAmt
Other Income Rev And Expnss$1,553OtherIncomeRevAndExpnssAmt
Total Rev And Expnss$79,435TotalRevAndExpnssAmt
Total Net Invst Incm$27,882TotalNetInvstIncmAmt
Total Adj Net Incm$20,083TotalAdjNetIncmAmt
Accounting Fees Rev And Expnss$2,126AccountingFeesRevAndExpnssAmt
Accounting Fees Chrtbl Prps$2,126AccountingFeesChrtblPrpsAmt
Taxes Rev And Expnss$209TaxesRevAndExpnssAmt
Taxes Dsbrs Chrtbl$209TaxesDsbrsChrtblAmt
Other Expenses Rev And Expnss$4,516OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$4,490OtherExpensesNetInvstIncmAmt
Other Expenses Dsbrs Chrtbl$26OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$6,851TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$4,490TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$2,361TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$53,200ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$53,200ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$60,051TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$4,490TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$55,561TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$19,384ExcessRevenueOverExpensesAmt
Net Investment Income$23,392NetInvestmentIncomeAmt
Adjusted Net Income$20,083AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$58,608SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$84,241SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$84,241SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY$249,100CorporateStockBOYAmt
Corporate Stock EOY$234,208CorporateStockEOYAmt
Corporate Stock EOYFMV$217,366CorporateStockEOYFMVAmt
Other Investments BOY$147,977OtherInvestmentsBOYAmt
Other Investments EOY$150,934OtherInvestmentsEOYAmt
Other Investments EOYFMV$155,989OtherInvestmentsEOYFMVAmt
Other Assets EOY$5,686OtherAssetsEOYAmt
Other Assets EOYFMV$5,686OtherAssetsEOYFMVAmt
Total Assets BOY$455,685TotalAssetsBOYAmt
Total Assets EOY$475,069TotalAssetsEOYAmt
Total Assets EOYFMV$463,282TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow SFAS117Yes (X)OrgDoesNotFollowSFAS117Ind
Retained Earning BOY$455,685RetainedEarningBOYAmt
Retained Earning EOY$475,069RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$455,685TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$475,069TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$455,685TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$475,069TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$455,685TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$19,384ExcessRevenueOverExpensesAmt
Subtotal$475,069SubtotalAmt
Tot Net Ast Or Fund Balances EOY$475,069TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (15 entries)

PropertyPropertyDescHow AcquiredHowAcquiredCdAcquiredAcquiredDtSoldSoldDtGross Sales PriceGrossSalesPriceAmtCost Or Other BasisCostOrOtherBasisAmtGain Or LossGainOrLossAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
100 NOrthStar Asset MmgtP2016-02-182016-12-05$1,498$1,024$474$474
181.335 Prudential JennisonP2016-01-012016-10-24$2,698$2,569$129$129
470.588 Gotham AbsoluteP2013-10-312016-08-03$6,000$5,991$9$9
108 NEW MEDIA INVT GROUPP2014-02-142016-10-24$1,567$1,163$404$404
909 NOrthStar Asset MmgtP2013-01-012016-12-05$13,242$11,556$1,686$1,686
138.804 Prudential JennisonP2012-03-152016-10-24$2,135$1,956$179$179
192.308 Prudential JennisonP2011-01-282016-07-21$3,000$2,601$399$399
121.274 Prudential JennisonP2011-07-182016-08-03$1,865$1,641$224$224
.216 Colony NorthstarP2013-10-312017-01-11$3$1$2$2
1122.759 Gotham AbsoluteP2013-10-312017-01-24$15,000$14,300$700$700
1339.899 Gotham AbsoluteP2015-12-172017-03-02$18,424$17,408$1,016$1,016
1100 Redwood TrustP2013-10-092017-06-13$18,791$19,367-$576-$576
195.313 Prudential JennisonP2012-03-152016-08-17$3,000$3,101-$101-$101
103.051 Prudential JennisonP2015-09-182016-10-24$1,533$1,775-$242-$242
Capital Gain Dividends$4,099
FieldValueIRS element (for citing)
Capital Gain Net Income$8,402CapitalGainNetIncomeAmt
Net Short Term Capital Gain Loss$603NetShortTermCapitalGainLossAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$33,334AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$373,154NetVlNoncharitableAssetsYr1Amt
Distribution Yr10.08933DistributionYr1Rt
Adjusted Qlfy Distri Yr2$19,180AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$396,721NetVlNoncharitableAssetsYr2Amt
Distribution Yr20.04835DistributionYr2Rt
Adjusted Qlfy Distri Yr3$10,950AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$315,602NetVlNoncharitableAssetsYr3Amt
Distribution Yr30.03470DistributionYr3Rt
Adjusted Qlfy Distri Yr4$32,250AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4$251,525NetVlNoncharitableAssetsYr4Amt
Distribution Yr40.12822DistributionYr4Rt
Adjusted Qlfy Distri Yr5$13,139AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5$213,891NetVlNoncharitableAssetsYr5Amt
Distribution Yr50.06143DistributionYr5Rt
Total Distribution0.362018TotalDistributionRt
Average Distribution0.072404AverageDistributionRt
Net Vl Noncharitable Assets$449,470NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$32,543AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct$234NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$32,777AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$55,561QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Domestic Org Meeting Sect4940eYes (X)DomesticOrgMeetingSect4940eInd
Investment Income Excise Tax$234InvestmentIncomeExciseTaxAmt
Subtotal$234SubtotalAmt
Tax Based On Investment Income$234TaxBasedOnInvestmentIncomeAmt
Tax Due$234TaxDueAmt

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
Form990 T FiledfalseForm990TFiledInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
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 Line1Dana L MagnoBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone6098826874PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1855 Parkway AveAddressLine1Txt
CityEwingCityNm
State AbbreviationNJStateAbbreviationCd
ZIP08618ZIPCd
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
Undistr Incm Sect4942a2 Not AppfalseUndistrIncmSect4942a2NotAppInd
Business HoldingsfalseBusinessHoldingsInd
Excess Business HoldingsfalseExcessBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Transactions Fail To Qlfy As ExcfalseTransactionsFailToQlfyAsExcInd
Maintained Expenditure RspnsfalseMaintainedExpenditureRspnsInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Proceeds Or Net IncomefalseProceedsOrNetIncomeInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmt
Dana Magno
855 Parkway AvenueEwingNJ08618Trustee0.00$0
Paul J Magno
855 Parkway AvenueEwingNJ08618Trustee0.00$0
James Maida
855 Parkway AvenueEwingNJ08618Trustee0.00$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$372,783AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$83,532AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$456,315TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$456,315AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$6,845CashDeemedCharitableAmt
Net Vl Noncharitable Assets$449,470NetVlNoncharitableAssetsAmt
Minimum Investment Return$22,474MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$22,474MinimumInvestmentReturnAmt
Tax Based On Investment Income$234TaxBasedOnInvestmentIncomeAmt
Total Tax$234TotalTaxAmt
Distributable Before Adj$22,240DistributableBeforeAdjAmt
Distributable Before Ded$22,240DistributableBeforeDedAmt
Distributable As Adjusted$22,240DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$55,561ExpensesAndContributionsAmt
Qualifying Distributions$55,561QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm$234PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri$55,327AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$22,240DistributableAsAdjustedAmt
Excess Distribution Cyov Yr4$19,301ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr1$15,094ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$34,395TotalExcessDistributionCyovAmt
Qualifying Distributions$55,561QualifyingDistributionsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$22,240AppliedToCurrentYearAmt
Remaining Distri From Corpus$33,321RemainingDistriFromCorpusAmt
Total Corpus$67,716TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$67,716ExcessDistriCyovToNextYrAmt
Excess From Year4$19,301ExcessFromYear4Amt
Excess From Year1$15,094ExcessFromYear1Amt
Excess From Current Year$33,321ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerDana MagnoContributingManagerNm
Contributing ManagerPaul J MagnoContributingManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (15 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
Faith Lutheran Church
1801 Grand Central AvenueLavalletteNJ08735NonePublicReligious$22,000
Christian Brothers Acedemy
850 Newman Springs RoadLincroftNJ07738NonePublicScholarship$500
National Sailing Hall of Fame
69 Prince George StAnnapolisMD21401NonePublicCommunity$2,500
American Heart Association
7272 Greenville AveDallasTX75231NonePublicHealth$500
Memorial Sloan Kettering Cancer Cen
1275 York AveNew YorkNY10065NonePublicMedical Research$1,000
Lavallette Fire Company
125 Washington AvenueLavalletteNJ08735NonePublicCommunity$1,000
University Of Miami
College RoadCoral GablesFL33124NonePublicEducation$10,000
St Judes Children's Hospital
262 Danny Thomas PlaceMemphisTN38105NonePublicResearch-Cancer$2,000
Yampa River Botanical Park
PO Box 776269Steamboat SpringsCO80477NonePCCommunity$500
Save Barnegat Bay
906B Grand Central AveLavelleteNJ08735NonePublicCommunity$500
Island Heights Sailing Foundation
PO Box 1227Island HeightsNJ08732NonePublicCommunity$1,000
LAVALLETTE PBA
PO BOX 372LAVALLETTENJ08735NonePUBLICCOMMUNITY$500
NORTHERN OCEAN HABITAT FOR HUMANITY
1214 NJ 37TOMS RIVERNJ08753NonePUBLICCOMMUNITY$10,000
RUTGERS CANCER INSTITUTE
195 LITTLE ALBANY STNEW BRUNSWICKNJ08901NonePUBLICCOMMUNITY$1,000
FOOD BANK OF MONMOUTH CTY
330 NJ 65NEPTUNE CITYNJ07753NonePUBLICCOMMUNITY$200
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$53,200TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$11ExclusionAmt

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$19,469ExclusionAmt

Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp

FieldValueIRS element (for citing)
Exclusion$1,553ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion$4,099ExclusionAmt
Related Or Exempt Function Incm$4,303RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$25,132ExclusionAmt
Related Or Exempt Function Incm$4,303RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$29,435TotalIncomeProducingActyAmt

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 PersonPaul and Dana MagnoContributorPersonNm

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1855 Parkway AvenueAddressLine1Txt
CityEwingCityNm
State AbbreviationNJStateAbbreviationCd
ZIP08618ZIPCd
FieldValueIRS element (for citing)
Total Contributions$50,000TotalContributionsAmt
Person ContributionYes (X)PersonContributionInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryAccountingFeesCategoryTxt
Amt$2,126Amt
Net Investment Income$0NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$2,126DisbursementsCharitablePrpsAmt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

FieldValueIRS element (for citing)
StockEQUITIESStockNm
EOY Book Value$234,208EOYBookValueAmt
EOYFMV$217,366EOYFMVAmt

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp (6 entries)

Category Or ItemCategoryOrItemTxtListed At Cost Or FMVListedAtCostOrFMVCdBook ValueBookValueAmtEOYFMVEOYFMVAmt
Equities Closed End FundsAT COST$19,130$22,278
Equities - Mutual FundsAT COST$56,381$57,084
Fixed Income Mutual FundsAT COST$41,833$41,467
Other- Nontrad Mutual FundsAT COST$10,000$9,948
Fixed Income Closed FundsAT COST$12,569$13,880
OTHER MUTUAL FUNDSAT COST$11,021$11,332

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp

FieldValueIRS element (for citing)
DescOTHER ASSETSDesc
EOY Book Value$5,686EOYBookValueAmt
EOYFMV$5,686EOYFMVAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmtNet Investment IncomeNetInvestmentIncomeAmt
ANNUAL REPORT$26$26
Bank Fees$4,490$4,490

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail

FieldValueIRS element (for citing)
DescOther Investment IncomeDesc
Revenue And Expenses Per Books$1,553RevenueAndExpensesPerBooksAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryFEDERAL TAXESCategoryTxt
Amt$209Amt
Disbursements Charitable Prps$209DisbursementsCharitablePrpsAmt

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