POSOLI FAMILY FOUNDATION: Form 990PF, tax year 2015
View the entire original 990 at ProPublica ↗
- Organization
- POSOLI FAMILY FOUNDATION (EIN 45-6211344)
- Tax period
- 2015-01-01 to 2015-12-31
- Filed
- 2016-09-13
- IRS object ID
- 201602579349100300
- Schema version
- 2015v2.1
- 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
- Investments Other Schedule2
- Other Assets Schedule
- Other Expenses Schedule
- Substantial Contributors Sch
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2016-09-13T07:32:25-05:00 | ReturnTs |
| Tax Period End | 2015-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 721396621 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CARR RIGGS & INGRAM LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | TWO RIVERWAY FLOOR 15 | AddressLine1Txt |
| City | HOUSTON | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 77056 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2015-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 456211344 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | POSOLI FAMILY FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | POSO | BusinessNameControlTxt |
| Phone | 7136646431 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5311 VALERIE STREET | AddressLine1Txt |
| City | BELLAIRE | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 77401 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | PAUL POSOLI | PersonNm |
| Person Title | DIRECTOR | PersonTitleTxt |
| Phone | 7136646431 | PhoneNum |
| Signature | 2016-09-13 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | ANNA JOHNSON | PreparerPersonNm |
| PTIN | P00117479 | PTIN |
| Phone | 7136218090 | PhoneNum |
| Preparation | 2016-08-30 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2015 | TaxYr |
| Build TS | 2017-02-10 21:41:12Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $3,899,146 | 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 | $47 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $47 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $74,018 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $74,018 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $318,421 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $1,380,222 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $318,421 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $392,486 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $392,486 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $0 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Adj Net Incm | $0 | CompOfcrDirTrstAdjNetIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Taxes Rev And Expnss | $2,800 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $1,078 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $0 | TaxesAdjNetIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $26,039 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $24,389 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $0 | OtherExpensesAdjNetIncmAmt |
| Other Expenses Dsbrs Chrtbl | $0 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $28,839 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $25,467 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $194,588 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $194,588 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $223,427 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $25,467 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $194,588 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $169,059 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $367,019 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $361,294 | CashBOYAmt |
| Cash EOY | $195,897 | CashEOYAmt |
| Cash EOYFMV | $195,897 | CashEOYFMVAmt |
| Other Investments BOY | $3,324,042 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $3,658,647 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $3,703,249 | OtherInvestmentsEOYFMVAmt |
| Other Assets BOY | $149 | OtherAssetsBOYAmt |
| Other Assets EOY | $0 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $0 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $3,685,485 | TotalAssetsBOYAmt |
| Total Assets EOY | $3,854,544 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $3,899,146 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
| Unrestricted BOY | $3,685,485 | UnrestrictedBOYAmt |
| Unrestricted EOY | $3,854,544 | UnrestrictedEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $3,685,485 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $3,854,544 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $3,685,485 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $3,854,544 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $3,685,485 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $169,059 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $3,854,544 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $3,854,544 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (5 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | How AcquiredHowAcquiredCd |
|---|---|---|---|---|---|---|---|
| BERNSTEIN BROKERAGE - STCG | 2015-01-01 | 2015-12-31 | $358,339 | $360,046 | -$1,707 | -$1,707 | |
| BERNSTEIN BROKERAGE - LTCG | 2014-01-01 | 2015-12-31 | $564,326 | $467,746 | $96,580 | $96,580 | |
| BERNSTEIN BROKERAGE - APPLE INC | 2014-01-01 | 2015-01-29 | $416,492 | $234,009 | $182,483 | $182,483 | |
| BERNSTEIN BROKERAGE - CASH IN LIEU | 2015-01-01 | 2015-12-31 | $93 | $93 | $93 | ||
| CAPITAL GAINS DIVIDENDS | $40,972 | $40,972 | $40,972 | P |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $318,421 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | 0 | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $140,404 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $3,015,185 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.046566 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $115,406 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $2,822,189 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.040892 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $131,195 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $2,721,416 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.048208 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $149,940 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $2,111,219 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.071021 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $0 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $0 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.000000 | DistributionYr5Rt |
| Total Distribution | 0.206687 | TotalDistributionRt |
| Average Distribution | 0.041337 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $3,946,895 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $163,153 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $3,670 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $166,823 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $194,588 | 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 | $3,670 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $3,670 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $3,670 | TaxBasedOnInvestmentIncomeAmt |
| Total Payments And Credits | $0 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $38 | EsPenaltyAmt |
| Tax Due | $3,708 | TaxDueAmt |
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 | TX | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | Yes (1) | 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 | PAUL JOSEPH POSOLI | IndividualWithBooksNm |
| Phone | 7136646431 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5311 VALERIE ST | AddressLine1Txt |
| City | BELLAIRE | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 77401 | 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 (2 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 |
|---|---|---|---|---|---|---|---|---|
| PAUL JOSEPH POSOLI | ||||||||
| 5311 VALERIE STREET | BELLAIRE | TX | 77401 | PRESIDENT | 5.00 | $0 | $0 | $0 |
| JOY MICHELLE POSOLI | ||||||||
| 5311 VALERIE STREET | BELLAIRE | TX | 77401 | VICE-PRESIDENT | 5.00 | $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 |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | FUNDING OF CHARITABLE, RELIGIOUS, SCIENTIFIC, LITERARY, AND EDUCATIONAL PROGRAMS. | Description1Txt |
| Expenses1 | $194,588 | Expenses1Amt |
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 | $3,948,823 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $58,177 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $4,007,000 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $4,007,000 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $60,105 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $3,946,895 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $197,345 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $197,345 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $3,670 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $3,670 | TotalTaxAmt |
| Distributable Before Adj | $193,675 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $193,675 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $193,675 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $194,588 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $194,588 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $3,670 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $190,918 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $193,675 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr4 | $38,723 | ExcessDistributionCyovYr4Amt |
| Total Excess Distribution Cyov | $38,723 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $194,588 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $193,675 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $913 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $39,636 | 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 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $39,636 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $38,723 | ExcessFromYear4Amt |
| Excess From Current Year | $913 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | PAUL JOSEPH POSOLI | ContributingManagerNm |
| Contributing Manager | JOY MICHELLE POSOLI | ContributingManagerNm |
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | PAUL JOSEPH POSOLI | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5311 VALERIE STREET | AddressLine1Txt |
| City | BELLAIRE | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 77401 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 7136646431 | RecipientPhoneNum |
| Form And Info And Materials | N/A | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | N/A | SubmissionDeadlinesTxt |
| Restrictions On Awards | NONE | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (46 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| AFRICA SCHOOL ASSISTANCE PROJECT | |||||||
| 191 UNIVERSITY BLVD 285 | DENVER | CO | 80206 | NONE | PUBLIC CHARITY | FOR GENERAL OPERATIONS | $1,000 |
| ALEX'S LEMONADE STAND | |||||||
| 333 E LANCASTER AVENUE 414 | WYNNWOOD | PA | 19096 | NONE | PUBLIC CHARITY | FOR GENERAL OPERATIONS | $500 |
| ALZHEIMER'S ASSOCIATION | |||||||
| 225 N MICHIGAN AVE FL 17 | CHICAGO | IL | 60601 | NONE | PUBLIC CHARITY | FOR GENERAL OPERATIONS | $2,000 |
| ANNUNCIATION ORTHODOX SCHOOL | |||||||
| 3600 YOAKUM BLVD | HOUSTON | TX | 77006 | NONE | EDUCATIONAL INSTITUI | FOR GENERAL OPERATIONS | $41,000 |
| CRISTO REY JESUIT | |||||||
| 6700 MOUNT CARMEL STREET | HOUSTON | TX | 77087 | NONE | EDUCATIONAL INSTITUI | FOR GENERAL OPERATIONS | $22,900 |
| DOCTORS WITHOUT BORDERS | |||||||
| 333 SEVENTH AVENUE 2ND FL | NEW YORK | NY | 10001 | NONE | PUBLIC CHARITY | FOR GENERAL OPERATIONS | $500 |
| FAMILY LEGACY MISSIONS | |||||||
| 5005 WEST ROYAL LANE SUITE 252 | IRVING | TX | 75063 | NONE | RELIGIOUS ORGANIZATI | FOR GENERAL OPERATIONS | $2,000 |
| GEORGE SCHOOL | |||||||
| 1690 NEWTOWN LANGHORNE RD | NEWTOWN | PA | 18940 | NONE | EDUCATIONAL INSTITUI | FOR GENERAL OPERATIONS | $5,000 |
| HOPE STONE | |||||||
| 1210 W CLAY 26 | HOUSTON | TX | 77019 | NONE | PUBLIC CHARITY | FOR GENERAL OPERATIONS | $500 |
| HOUSTON HOOPS INC | |||||||
| 2909 HIGH VALLEY DR | KINGWOOD | TX | 77345 | NONE | PUBLIC CHARITY | FOR GENERAL PURPOSES | $500 |
| INNER CITY EDUCATION FOUNDATION PUBLIC SCHOOLS | |||||||
| 5120 W GOLDLEAF CIRCLE SUITE 350 | LOS ANGELES | CA | 90056 | NONE | PUBLIC CHARITY | FOR GENERAL PURPOSES | $5,000 |
| JDRF | |||||||
| 26 BROADWAY | NEW YORK | NY | 10004 | NONE | PUBLIC CHARITY | FOR GENERAL OPERATIONS | $250 |
| KELLOG SCHOOL OF MANAGEMENT | |||||||
| 2169 CAMPUS DR | EVANSTON | IL | 60208 | NONE | EDUCATIONAL INSTITUI | FOR GENERAL OPERATIONS | $1,500 |
| LIFE WITHOUT LIMBS | |||||||
| PO BOX 2430 | AGOURA HILLS | CA | 91376 | NONE | PUBLIC CHARITY | FOR GENERAL OPERATIONS | $10,000 |
| MARCH OF DIMES | |||||||
| 3000 WESLAYAN ST 100 | HOUSTON | TX | 77027 | NONE | PUBLIC CHARITY | FOR GENERAL OPERATIONS | $1,000 |
| MARINE CORPS SCHOLARSHIP FOUNDATION | |||||||
| 909 N WASHINGTON STREET SUITE 400 | ALEXANDRIA | VA | 22314 | NONE | PUBLIC CHARITY | FOR GENERAL OPERATIONS | $5,000 |
| NATIONAL MS SOCIETY | |||||||
| 733 THIRD AVE 3RD FLOOR | NEW YORK | NY | 10017 | NONE | PRIVATE FOUNDATION | FOR ENDOWMENT PURPOSES | $1,750 |
| NEHAUS EDUCATION CENTER | |||||||
| 4433 BISSONNET | BELLAIRE | TX | 77401 | NONE | PUBLIC CHARITY | FOR GENERAL OPERATIONS | $1,000 |
| PARADISUS DEI | |||||||
| PO BOX 19127 | HOUSTON | TX | 77224 | NONE | RELIGIOUS ORGANIZATI | FOR GENERAL OPERATIONS | $500 |
| SMALL STEPS NURTURING CENTER | |||||||
| 1709 DEPELCHIN ST | HOUSTON | TX | 77007 | NONE | PUBLIC CHARITY | FOR GENERAL OPERATIONS | $7,500 |
| SPIRIT AND LIFE CHURCH OF DELIVERANCE | |||||||
| PO BOX 234 | BELLAIRE | TX | 77401 | NONE | RELIGIOUS ORGANIZATI | FOR GENERAL PURPOSES | $5,000 |
| STRAKE JESUIT COLLEGE PREPARATORY | |||||||
| 8900 BELLAIRE BLVD | HOUSTON | TX | 77036 | NONE | RELIGIOUS ORGANIZATI | FOR GENERAL PURPOSES | $11,000 |
| THE PERIWINKLE FOUNDATION | |||||||
| 3000 RICHMOND 340 | HOUSTON | TX | 77098 | NONE | PRIVATE FOUNDATION | FOR ENDOWMENT PURPOSES | $500 |
| THE YMCA | |||||||
| 7101 STELLA LINK BLVD | HOUSTON | TX | 77025 | NONE | PUBLIC CHARITY | FOR GENERAL OPERATIONS | $1,000 |
| UNIVERSITY OF MIAMI DEPARTMENT OF ATHLETICS | |||||||
| 5821 SAN AMARO DRIVE | CORAL GABLES | FL | 33146 | NONE | EDUCATIONAL INSTITUI | TO FUND SCHOLARSHIP PROGRAM | $11,640 |
| ANGELA HOUSE | |||||||
| 6725 REED RD | HOUSTON | TX | 77087 | NONE | RELIGIOUS ORGANIZATI | FOR GENERAL PURPOSES | $1,000 |
| BREAKTHROUGH HOUSTON | |||||||
| 2401 CLAREMONT LANE | HOUSTON | TX | 77019 | NONE | EDUCATIONAL INSTITUI | FOR GENERAL PURPOSES | $1,000 |
| BROADWAY CARES | |||||||
| 165 WEST 46TH STREET 1300 | NEW YORK | NY | 10036 | NONE | PUBLIC CHARITY | FOR GENERAL PURPOSES | $350 |
| CARING FOR CAMBODIA | |||||||
| 900 RR 620 SOUTH | AUSTIN | TX | 78734 | NONE | PUBLIC CHARITY | FOR GENERAL PURPOSES | $430 |
| CATHOLIC CHARITIES | |||||||
| 2900 LOUISIANA STREET | HOUSTON | TX | 77006 | NONE | RELIGIOUS ORGANIZATI | FOR GENERAL PURPOSES | $3,800 |
| CHILD ADVOCATES INC | |||||||
| 3701 KIRBY DRIVE SUITE 400 | HOUSTON | TX | 77098 | NONE | PUBLIC CHARITY | FOR GENERAL PURPOSES | $15,500 |
| COVENANT HOUSE | |||||||
| 1111 LOVETT BLVD | HOUSTON | TX | 77006 | NONE | PUBLIC CHARITY | FOR GENERAL PURPOSES | $500 |
| FAMILIES EMPOWERED | |||||||
| 6700 BELLAIRE BOULEVARD SUITE 211 | HOUSTON | TX | 77074 | NONE | PUBLIC CHARITY | FOR GENERAL PURPOSES | $1,000 |
| GUADALUPE RADIO NETWORK | |||||||
| PO BOX 10571 | MIDLAND | TX | 79702 | NONE | PUBLIC CHARITY | FOR GENERAL PURPOSES | $1,000 |
| HIS GRACE FOUNDATION | |||||||
| PO BOX 722 | TOMBALL | TX | 77377 | NONE | RELIGIOUS ORGANIZATI | FOR GENERAL PURPOSES | $4,000 |
| MILLENNIUM RELIEF AND DEVELOPMENT SERVICES | |||||||
| 5116 BISSONNET 358 | BELLAIRE | TX | 77401 | NONE | PUBLIC CHARITY | FOR GENERAL PURPOSES | $2,000 |
| NATURE DISCOVERY CENTER | |||||||
| 7112 NEWCASTLE ST | BELLAIRE | TX | 77401 | NONE | PUBLIC CHARITY | FOR GENERAL PURPOSES | $1,000 |
| OPERATION UNDERSTANDING | |||||||
| PO BOX 7765 | PHILADELPHIA | PA | 19101 | NONE | PUBLIC CHARITY | FOR GENERAL PURPOSES | $218 |
| WOODFOREST CHARITABLE FOUNDATION | |||||||
| 21 WATERWAY AVENUE SUITE 550 | THE WOODLANDS | TX | 77380 | NONE | PUBLIC CHARITY | FOR GENERAL PURPOSES | $250 |
| REFUGE FOR DMST - AUSTIN | |||||||
| PO BOX 90804 | AUSTIN | TX | 78709 | NONE | PUBLIC CHARITY | FOR GENERAL PURPOSES | $1,000 |
| AAU NATIONAL HEADQUARTERS - SPRING SPIRIT BASKETBALL | |||||||
| PO BOX 22409 | LAKE BUENA VISTA | FL | 32830 | NONE | PUBLIC CHARITY | FOR GENERAL PURPOSES | $5,000 |
| SFL | |||||||
| PO BOX 270503 | HOUSTON | TX | 77277 | NONE | PUBLIC CHARITY | FOR GENERAL PURPOSES | $5,250 |
| ST FRANCIS OF ASSISI | |||||||
| 5100 DABNEY STREET | HOUSTON | TX | 77026 | NONE | RELIGIOUS ORGANIZATI | FOR GENERAL PURPOSES | $10,000 |
| SUITES OF HOPE | |||||||
| PO BOX 102 | BELLAIRE | TX | 77402 | NONE | PUBLIC CHARITY | FOR GENERAL PURPOSES | $750 |
| THE WOODS PROJECT | |||||||
| 2700 SOUTHWEST FREEWAY SUITE B | HOUSTON | TX | 77098 | NONE | PUBLIC CHARITY | FOR GENERAL PURPOSES | $1,000 |
| WORKSHOP HOUSTON | |||||||
| 3615 SAUER STREET | HOUSTON | TX | 77004 | NONE | PUBLIC CHARITY | FOR GENERAL PURPOSES | $1,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $194,588 | 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 | $47 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $74,018 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $318,421 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $392,486 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $392,486 | 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 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | BERNSTEIN & CO., LLC | CategoryOrItemTxt |
| Listed At Cost Or FMV | AT COST | ListedAtCostOrFMVCd |
| Book Value | $3,658,647 | BookValueAmt |
| EOYFMV | $3,703,249 | EOYFMVAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | BANK UNAUTHORIZED CHARGES FRAUD CLAIM PENDING | Desc |
| BOY Book Value | $149 | BOYBookValueAmt |
| EOY Book Value | $0 | EOYBookValueAmt |
| EOYFMV | $0 | EOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| LEGAL & PROFESSIONAL FEES | $3,300 | $1,650 | $0 | $0 |
| INVESTMENT MANAGEMENT FEES | $22,739 | $22,739 | $0 | $0 |
Substantial Contributors Sch SubstantialContributorsSch
Substantial Contributor Detail SubstantialContributorDetail (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd |
|---|---|---|---|
| PAUL JOSEPH POSOLI | |||
| 5311 VALERIE ST | BELLAIRE | TX | 77401 |
| JOY MICHELLE POSOLI | |||
| 5311 VALERIE ST | BELLAIRE | TX | 77401 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| FOREIGN TAXES PAID | $1,078 | $1,078 | $0 | $0 |
| 990-PF TRUST EXCISE TAXES | $1,692 | $0 | $0 | $0 |
| BANK FEES | $30 | $0 | $0 | $0 |
Comments