HENRY M ROWAN FAMILY FOUNDATION INC: Form 990PF, tax year 2016
View the entire original 990 at ProPublica ↗
- Organization
- HENRY M ROWAN FAMILY FOUNDATION INC (EIN 22-3655770)
- Tax period
- 2016-01-01 to 2016-12-31
- Filed
- 2017-05-05
- IRS object ID
- 201741259349101939
- 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
- Gain Loss Sale Other Assets Sch
- Investments Corp Stock Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2017-05-05T15:32:15-07:00 | ReturnTs |
| Tax Period End | 2016-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Douglas H Sell CPA | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 115 North Church Street | AddressLine1Txt |
| City | Moorestown | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 080572424 | 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 | 223655770 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HENRY M ROWAN FAMILY FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | HENR | BusinessNameControlTxt |
| Phone | 6092679000 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 157 | AddressLine1Txt |
| City | RANCOCAS | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 080730157 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MANNING SMITH | PersonNm |
| Person Title | SECRETARY/TREASURER | PersonTitleTxt |
| Phone | 6092679000 | PhoneNum |
| Signature | 2017-05-05 | SignatureDt |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | DOUGLAS H SELL | PreparerPersonNm |
| Phone | 8568669494 | PhoneNum |
| Preparation | 2017-05-05 | PreparationDt |
| Self Employed | Yes (X) | SelfEmployedInd |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 50.192.251.81 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2017-05-05 | IPDt |
| IP Tm | 15:32:04 | IPTm |
| IP Timezone | PD | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | 4D23AC298886E821F9C590BF2D4718AB8078ED91 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 4D23AC298886E821F9C590BF2D4718AB8078ED91 | 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 | $262,336,938 | 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 | $1,899 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $1,899 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $6,306,974 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $6,306,974 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $6,301,845 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $80,066,590 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $6,301,845 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $344,009 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $344,009 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $12,954,727 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $12,954,727 | TotalNetInvstIncmAmt |
| Accounting Fees Rev And Expnss | $1,640 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $1,640 | AccountingFeesNetInvstIncmAmt |
| Other Prof Fees Rev And Expnss | $774,559 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $774,559 | OtherProfFeesNetInvstIncmAmt |
| Taxes Rev And Expnss | $117,866 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $117,866 | TaxesNetInvstIncmAmt |
| Other Expenses Rev And Expnss | $48 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $48 | OtherExpensesNetInvstIncmAmt |
| Tot Opr Expenses Rev And Expnss | $894,113 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $894,113 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $11,660,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $11,660,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $12,554,113 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $894,113 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $11,660,000 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $400,614 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $12,060,614 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $153,544 | CashBOYAmt |
| Cash EOY | $58,456 | CashEOYAmt |
| Cash EOYFMV | $58,456 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $4,753,052 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $1,667,247 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $166,247 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl | $13,492 | AcctRcvblAmt |
| Acct Rcvbl BOY | $172,133 | AcctRcvblBOYAmt |
| Acct Rcvbl EOY | $13,492 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $13,492 | AcctRcvblEOYFMVAmt |
| Corporate Stock BOY | $237,505,078 | CorporateStockBOYAmt |
| Corporate Stock EOY | $240,829,078 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $262,098,743 | CorporateStockEOYFMVAmt |
| Total Assets BOY | $242,583,807 | TotalAssetsBOYAmt |
| Total Assets EOY | $242,568,273 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $262,336,938 | TotalAssetsEOYFMVAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Retained Earning BOY | $242,583,807 | RetainedEarningBOYAmt |
| Retained Earning EOY | $242,568,273 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $242,583,807 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $242,568,273 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $242,583,807 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $242,568,273 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $242,583,807 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $400,614 | ExcessRevenueOverExpensesAmt |
| Subtotal | $242,984,421 | SubtotalAmt |
| Other Decreases | $416,148 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $242,568,273 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | DepreciationDepreciationAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | FMV As Of123169FMVAsOf123169Amt | Adjusted Basis As Of123169AdjustedBasisAsOf123169Amt | Excess FMV Over Adjusted BssExcessFMVOverAdjustedBssAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|
| SEE SCHEDULE ATTACHED | P | 2015-12-31 | 2016-12-31 | $79,319,414 | $0 | $73,764,745 | $5,554,669 | $0 | $0 | $0 | $5,554,669 |
| LONG TERM CAPITAL GIANS DISTRIBUTIONS | P | 2015-12-31 | 2016-12-31 | $747,176 | $0 | $0 | $747,176 | $0 | $0 | $0 | $747,176 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $6,301,845 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $10,775,000 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $241,267,889 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.044660 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $7,775,000 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $219,333,165 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.035448 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $6,878,000 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $164,942,775 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.041699 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $4,030,000 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $143,908,646 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.028004 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $3,084,000 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $93,293,408 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.033057 | DistributionYr5Rt |
| Total Distribution | 0.182868 | TotalDistributionRt |
| Average Distribution | 0.036574 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $254,976,543 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $9,325,512 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $120,606 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $9,446,118 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $11,660,000 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $241,212 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $241,212 | SubtotalAmt |
| Tax Based On Investment Income | $241,212 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $404,240 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $404,240 | TotalPaymentsAndCreditsAmt |
| Original Return Overpayment | -$404,240 | OriginalReturnOverpaymentAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $956 | EsPenaltyAmt |
| Overpayment | $162,072 | OverpaymentAmt |
| Applied To ES Tax | $162,072 | AppliedToESTaxAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MANNING SMITH III | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 6092679000 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 10 INDEL AVENUE | AddressLine1Txt |
| City | RANCOCAS | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 08073 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Undistr Incm Sect4942a2 Not App | false | UndistrIncmSect4942a2NotAppInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (4 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 |
|---|---|---|---|---|---|---|---|---|
| VIRGINIA ROWAN SMITH | ||||||||
| 160 BUCKMANVILLE ROAD | NEWTOWN | PA | 18940 | PRESIDENT | 0 | $0 | $0 | $0 |
| MANNING J SMITH III | ||||||||
| 160 BUCKMANVILLE ROAD | NEWTOWN | PA | 18940 | SEC/TREAS, TRUSTEE | 0 | $0 | $0 | $0 |
| GILBERT A GEHIN-SCOTT | ||||||||
| PO BOX 182 | RANCOCAS | NJ | 08073 | TRUSTEE | 0 | $0 | $0 | $0 |
| ELEANOR ROWAN | ||||||||
| 1382 NEWTOWN/LANGHORNE ROAD UNIT D2 | NEWTOWN | PA | 18940 | TRUSTEE | 0 | $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 | THE HENRY M. ROWAN FOUNDATION DOES NOT CONDUCT DIRECTCHARITABLE ACTIVITIES, BUT RATHER CONTRIBUTES TO OTHERCHARITABLE ORGANIZATIONS CARRYING OUT CHARITABLE ACTIVITIES. | Description1Txt |
| Expenses1 | $0 | Expenses1Amt |
| Expenses2 | $0 | Expenses2Amt |
| Expenses3 | $0 | Expenses3Amt |
| Expenses4 | $0 | Expenses4Amt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $258,756,909 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $102,526 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $258,859,435 | TotalFMVOfUnusedAssetsAmt |
| Adjusted Total FMV Of Unused Ast | $258,859,435 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $3,882,892 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $254,976,543 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $12,748,827 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $12,748,827 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $241,212 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $241,212 | TotalTaxAmt |
| Distributable Before Adj | $12,507,615 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $12,507,615 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $12,507,615 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $11,660,000 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $11,660,000 | QualifyingDistributionsAmt |
| Adjusted Qualifying Distri | $11,660,000 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $12,507,615 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $11,659,161 | UndistributedIncomePYAmt |
| Excess Distribution Cyov Yr5 | $740 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $169 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $800 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $31,117 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $101,816 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $134,642 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $11,660,000 | QualifyingDistributionsAmt |
| Applied To Year1 | $11,659,161 | AppliedToYear1Amt |
| Remaining Distri From Corpus | $839 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $135,481 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $135,481 | ExcessDistributionCyovAppCYAmt |
| Undistributed Income CY | $12,372,134 | UndistributedIncomeCYAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | NONE | ContributingManagerNm |
| Shareholder Manager | NONE | ShareholderManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | MANNING SMITH III | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 10 INDEL AVENUE | AddressLine1Txt |
| City | RANCOCAS | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 08073 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Info And Materials | ANY FORMAT IS ACCEPTABLE | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | NO | SubmissionDeadlinesTxt |
| Restrictions On Awards | NO | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SEE SCHEDULE ATTACHED | BusinessNameLine1Txt |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | VARIOUS | AddressLine1Txt |
| City | VARIOUS | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 00000 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Foundation Status | N/A | RecipientFoundationStatusTxt |
| Grant Or Contribution Purpose | GENERAL PURPOSES | GrantOrContributionPurposeTxt |
| Amt | $11,660,000 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $11,660,000 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $6,306,974 | RelatedOrExemptFunctionIncmAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $6,301,845 | RelatedOrExemptFunctionIncmAmt |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | NON-REPORTABLE DISTRIBUTIONS | Desc |
| Related Or Exempt Function Incm | $344,009 | RelatedOrExemptFunctionIncmAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $12,952,828 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $12,952,828 | TotalIncomeProducingActyAmt |
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Line Number | N/A | LineNumberTxt |
| Relationship Statement | N/A | RelationshipStatementTxt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | DOUGLAS H. SELL, CPA TAX RESEARCH AND RETURN PREPARATION | CategoryTxt |
| Amt | $1,640 | Amt |
| Net Investment Income | $1,640 | NetInvestmentIncomeAmt |
Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch
Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp (2 entries)
| AssetAssetDesc | Gross Sales PriceGrossSalesPriceAmt | BasisBasisAmt | Total NetTotalNetAmt |
|---|---|---|---|
| SEE SCHEDULE ATTACHED | $79,319,414 | $73,764,745 | $5,554,669 |
| LONG TERM CAPITAL GAINS DISTRIBUTIONS | $747,176 | $747,176 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | CHARLES SCHWAB | StockNm |
| EOY Book Value | $240,829,078 | EOYBookValueAmt |
| EOYFMV | $262,098,743 | EOYFMVAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | FEDERAL EXCISE TAX | Desc |
| Amt | $416,148 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | BANK CHARGES | Desc |
| Revenue And Expenses Per Books | $48 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $48 | NetInvestmentIncomeAmt |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | NON-DIVIDEND DISTRIBUTIONS | Desc |
| Revenue And Expenses Per Books | $344,009 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $344,009 | NetInvestmentIncomeAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| WHARTON BUSINESS GROUP INVESTMENT MANAGEMENT | $773,479 | $773,479 |
| MORGAN LEWIS LEGAL SERVICES | $1,080 | $1,080 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | FOREIGN TAXES PAID | CategoryTxt |
| Amt | $117,866 | Amt |
| Net Investment Income | $117,866 | NetInvestmentIncomeAmt |
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