SUMMERSAULT FOUNDATION: Form 990PF, tax year 2016
View the entire original 990 at ProPublica ↗
- Organization
- SUMMERSAULT FOUNDATION (EIN 20-8989115)
- Tax period
- 2016-01-01 to 2016-12-31
- Filed
- 2017-05-30
- IRS object ID
- 201741509349100419
- 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 Stock Schedule
- Other Decreases Schedule
- Other Expenses Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2017-05-30T17:13:58-05:00 | ReturnTs |
| Tax Period End | 2016-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 133217649 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RAINES & FISCHER LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 555 FIFTH AVENUE 9TH FLOOR | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10017 | 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 | 208989115 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE SUMMERSAULT FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | SUMM | BusinessNameControlTxt |
| Phone | 7329334767 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 75 WEST FRONT ST NO 4 | AddressLine1Txt |
| City | RED BANK | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07701 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MICHEL MARKS | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 7329334767 | PhoneNum |
| Signature | 2017-05-30 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | ALAN P RAINES | PreparerPersonNm |
| PTIN | P00536058 | PTIN |
| Phone | 2129539200 | PhoneNum |
| Preparation | 2017-05-11 | PreparationDt |
| Self Employed | Yes (X) | SelfEmployedInd |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 38.122.15.154 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2017-05-30 | IPDt |
| IP Tm | 18:13:46 | IPTm |
| IP Timezone | ED | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | A512720B79C074EBF6E1EE9C35F3335E70337AB0 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 8D0C903576050E8E234C46A85CA14314358537F4 | 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 | $509,536 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $6,750 | ContriRcvdRevAndExpnssAmt |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $54 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $54 | InterestOnSavNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | -$415,700 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $546,821 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $0 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | -$408,896 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $54 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $1,800 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $1,800 | AccountingFeesChrtblPrpsAmt |
| Other Expenses Rev And Expnss | $448 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $0 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $448 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $2,248 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $0 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $2,248 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $96,840 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $96,840 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $99,088 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $0 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $99,088 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$507,984 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $54 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $176,733 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $263,080 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $263,080 | SavAndTempCashInvstEOYFMVAmt |
| Other Nts And Loans Rcvbl | $42,530 | OtherNtsAndLoansRcvblAmt |
| Other Rcvbl Allwnc Dbtfl Acct | $0 | OtherRcvblAllwncDbtflAcctAmt |
| Other Nts And Loans Rcvbl BOY | $42,513 | OtherNtsAndLoansRcvblBOYAmt |
| Other Nts And Loans Rcvbl EOY | $42,530 | OtherNtsAndLoansRcvblEOYAmt |
| Other Nts And Loans Rcvbl EOYFMV | $42,530 | OtherNtsAndLoansRcvblEOYFMVAmt |
| Corporate Stock BOY | $899,272 | CorporateStockBOYAmt |
| Corporate Stock EOY | $304,704 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $203,926 | CorporateStockEOYFMVAmt |
| Total Assets BOY | $1,118,518 | TotalAssetsBOYAmt |
| Total Assets EOY | $610,314 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $509,536 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Capital Stock BOY | $0 | CapitalStockBOYAmt |
| Capital Stock EOY | $0 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $1,118,518 | RetainedEarningBOYAmt |
| Retained Earning EOY | $610,314 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $1,118,518 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $610,314 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $1,118,518 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $610,314 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $1,118,518 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$507,984 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $610,534 | SubtotalAmt |
| Other Decreases | $220 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $610,314 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (3 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| 5,000 SHS ENERGY BULLS 3X SHARES | P | 2016-08-17 | 2016-09-29 | $162,591 | $159,947 | $2,644 | $2,644 |
| 10,000 SHS MARKET VECTORS JR GOLD MINES | P | 2015-10-23 | 2016-01-11 | $195,508 | $222,329 | -$26,821 | -$26,821 |
| 50,000 SHS NOVAGOLD RES INC NEW | P | 2011-04-19 | 2016-01-14 | $188,722 | $580,245 | -$391,523 | -$391,523 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -$415,700 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | 0 | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $106,933 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $619,602 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.172583 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $202,699 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $849,535 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.238600 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $133,112 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $1,023,515 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.130054 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $120,908 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $1,625,055 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.074402 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $185,691 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $2,072,442 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.089600 | DistributionYr5Rt |
| Total Distribution | 0.705239 | TotalDistributionRt |
| Average Distribution | 0.141048 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $518,712 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $73,163 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $1 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $73,164 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $99,088 | 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 | $1 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $1 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $1 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $1,079 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $1,079 | TotalPaymentsAndCreditsAmt |
| Overpayment | $1,078 | OverpaymentAmt |
| Applied To ES Tax | $1,078 | AppliedToESTaxAmt |
| Refund | $0 | 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 | DE | 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 | DEBORAH LODATO | IndividualWithBooksNm |
| Phone | 7329334767 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 75 WEST FRONT STREET SUITE 4 | AddressLine1Txt |
| City | RED BANK | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07701 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 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 |
|---|---|---|---|---|---|---|---|---|
| MICHEL MARKS | ||||||||
| 75 WEST FRONT STREET SUITE 4 | RED BANK | NJ | 07701 | PRESIDENT | 0.00 | $0 | $0 | $0 |
| CHRISTOPHER MARKS | ||||||||
| 731 RICHEY AVENUE | COLLINGSWOOD | NJ | 08107 | SECRETARY | 0.00 | $0 | $0 | $0 |
| DEBORAH LODATO | ||||||||
| 78 ROBBINS COURT | BRICKS | NJ | 08724 | TREASURER | 0.00 | $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 | $108,945 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $417,666 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $526,611 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $526,611 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $7,899 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $518,712 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $25,936 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $25,936 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $1 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $1 | TotalTaxAmt |
| Distributable Before Adj | $25,935 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $25,935 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $25,935 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $99,088 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $99,088 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $1 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $99,087 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $25,935 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $82,135 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $39,753 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $82,158 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $160,404 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $76,245 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $440,695 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $99,088 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $25,935 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $73,153 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $513,848 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $82,135 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $431,713 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $39,753 | ExcessFromYear4Amt |
| Excess From Year3 | $82,158 | ExcessFromYear3Amt |
| Excess From Year2 | $160,404 | ExcessFromYear2Amt |
| Excess From Year1 | $76,245 | ExcessFromYear1Amt |
| Excess From Current Year | $73,153 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | MICHEL MARKS | ContributingManagerNm |
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | THE SUMMERSAULT FOUNDATION - ATTN D | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 75 WEST FRONT STREET SUITE 4 | AddressLine1Txt |
| City | RED BANK | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07701 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 7329334767 | RecipientPhoneNum |
| Form And Info And Materials | THE APPLICANT NEEDS TO PROVIDE DOCUMENTATION TO PROVE THAT THEY ARE A QUALIFIED 501C(3) ORGANIZATION, AND ALSO SUBMIT WRITTEN REPORTS WHICH DEMONSTRATE THE USAGE OF THE GRANT. | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | N/A N/A | SubmissionDeadlinesTxt |
| Restrictions On Awards | THE GRANT WILL ONLY BE MADE TO TAX-EXEMPT PUBLIC CHARITIES. | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (21 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| BOYS & GIRLS CLUBS OF MONMOUTH COUNTY | |||||||
| 138 DRS JAMES PARKER BLVD | RED BANK | NJ | 07701 | NONE | PUBLIC CHARITY | GENERAL SUPPORT | $500 |
| CPC BEHAVIORAL HEALTHCARE | |||||||
| 10 INDUSTRIAL WAY EAST | EATONTOWN | NJ | 07724 | NONE | PUBLIC CHARITY | GENERAL SUPPORT | $1,000 |
| ESALEN INSTITUTE | |||||||
| 55000 HIGHWAY ONE | BIG SUR | CA | 93920 | NONE | PUBLIC CHARITY | SCHOLARSHIP | $2,500 |
| HABITAT FOR HUMANITY | |||||||
| 193 LONG BRANCE AVENUE | LONG BRANCH | NJ | 07740 | NONE | PUBLIC CHARITY | GENERAL SUPPORT | $500 |
| K HOVNANIAN CHILDREN'S HOSPITAL | |||||||
| 1945 ROUTE 33 | NEPTUNE | NJ | 07753 | NONE | PUBLIC CHARITY | GENERAL SUPPORT | $280 |
| MENTAL HEALTH ASSOCIATION OF MON CTY | |||||||
| 119 AVENUE AT THE COMMON SUITE 5 | SHREWSBURY | NJ | 07702 | NONE | PUBLIC CHARITY | GENERAL SUPPORT | $500 |
| MONMOUTH CARES | |||||||
| 185 STATE ROUTE 36 SUITE B-1 | WEST LONG BRANCH | NJ | 07764 | NONE | PUBLIC CHARITY | GENERAL SUPPORT | $2,500 |
| MONMOUTH CONSERVATION FOUNDATION | |||||||
| PO BOX 4150 | MIDDLETOWN | NJ | 077484150 | NONE | PUBLIC CHARITY | GENERAL SUPPORT | $500 |
| MONMOUTH COUNTY ARTS COUNCIL | |||||||
| 107 MONMOUTH STREET SUITE 3 | RED BANK | NJ | 07701 | NONE | PUBLIC CHARITY | GENERAL SUPPORT | $1,000 |
| MONMOUTH COUNTY CLEARWATER | |||||||
| PO BOX 303 | RED BANK | NJ | 07701 | NONE | PUBLIC CHARITY | GENERAL SUPPORT | $500 |
| OUR LADY MOUNT CARMEL SCHOOL | |||||||
| 1212 1ST AVENUE | ASBURY PARK | NJ | 07712 | NONE | PUBLIC CHARITY | SCHOLARSHIP | $21,983 |
| PINELANDS PRESERVATION | |||||||
| 17 PEMBERTON ROAD | SOUTHHAMPTON | NJ | 08088 | NONE | PUBLIC CHARITY | GENERAL SUPPORT | $1,000 |
| RED BANK CATHOLIC HIGH SCHOOL | |||||||
| 112 BROAD STREET | RED BANK | NJ | 07701 | NONE | PUBLIC CHARITY | SCHOLARSHIP | $40,452 |
| ST ROSE HIGH SCHOOL | |||||||
| 607 SEVENTH AVENUE | BELMAR | NJ | 07719 | NONE | PUBLIC CHARITY | SCHOLARSHIP | $5,125 |
| WORDS BEYOND BARS | |||||||
| PO BOX 12285 | DENVER | CO | 802502285 | NONE | PUBLIC CHARITY | GENERAL SUPPORT | $1,000 |
| COURT APPOINTED SPECIAL ADVOCATES OF NEW JERSEY | |||||||
| 77 CHURCH STREET | NEW BRUNSWICK | NJ | 08901 | NONE | PUBLIC CHARITY | GENERAL SUPPORT | $1,000 |
| CLEARVIEW COMMUNITIES LLC | |||||||
| 611 W PATRICK ST | FREDERICK | MD | 21701 | NONE | PUBLIC CHARITY | GENERAL SUPPORT | $7,500 |
| HOME FREE ANIMAL RESCUE | |||||||
| 32 WHITE STREET | RED BANK | NJ | 07701 | NONE | PUBLIC CHARITY | GENERAL SUPPORT | $500 |
| LAWRENCEVILLE SCHOOL | |||||||
| 2500 MAIN STREET | LAWRENCEVILLE | NJ | 08648 | NONE | PUBLIC CHARITY | GENERAL SUPPORT | $2,500 |
| NO GREATER SACRIFICE | |||||||
| 1101 PENNSYLVANIA AVENUE SUITE 300 | WASHINGTON | DC | 20004 | NONE | PUBLIC CHARITY | GENERAL SUPPORT | $1,000 |
| THE PENDULUM FOUNDATION | |||||||
| 5082 E HAMPDEN AVE 192 | DENVER | CO | 80222 | NONE | PUBLIC CHARITY | GENERAL SUPPORT | $5,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $96,840 | 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 | $54 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | -$415,700 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | -$415,646 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | -$415,646 | 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 | ACCOUNTING FEES | CategoryTxt |
| Amt | $1,800 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $1,800 | DisbursementsCharitablePrpsAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (2 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| 8,333 SHS TRILOGY METALS INC | $96,698 | $4,226 |
| 10,000 POWERSHARES DB AGRICULTURE FD | $208,006 | $199,700 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | NON-DEDUCTIBLE EXPENSES | Desc |
| Amt | $220 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| BANK CHARGES & MICELLANEOUS EXPENSES | $234 | $0 | $234 |
| FILING FEES | $214 | $0 | $214 |