THE JOSE M GARCIA FOUNDATION INC: Form 990PF, tax year 2014
View the entire original 990 at ProPublica ↗
- Organization
- THE JOSE M GARCIA FOUNDATION INC (EIN 22-3369956)
- Tax period
- 2014-11-01 to 2015-10-31
- Filed
- 2016-09-15
- IRS object ID
- 201602599349100405
- Schema version
- 2014v6.0
- 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
- Expln Of Non Filing With AG Stmt
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Legal Fees Schedule
- Other Assets Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
- Transfers To Controlled Entities
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2016-09-15T09:54:25-05:00 | ReturnTs |
| Tax Period End | 2015-10-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 221624206 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MALESARDI QUACKENBUSH SWIFT & CO LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 155 NORTH DEAN STREET - SUITE 5 | AddressLine1Txt |
| City | ENGLEWOOD | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07631 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2014-11-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 223369956 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE JOSE M GARCIA FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | JOSE | BusinessNameControlTxt |
| Phone | 9733248741 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 707 EAGLE ROCK AVENUE | AddressLine1Txt |
| City | WEST ORANGE | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07052 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | GORDON D MEYER | PersonNm |
| Person Title | TRUSTEE | PersonTitleTxt |
| Phone | 9733248741 | PhoneNum |
| Signature | 2016-09-14 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | ERICA MARTINEZ | PreparerPersonNm |
| PTIN | P00852340 | PTIN |
| Phone | 2015674100 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2014 | 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 | $8,215,880 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Dividends Rev And Expnss | $57,720 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $57,720 | DividendsNetInvstIncmAmt |
| Gross Rents Rev And Expnss | $254,515 | GrossRentsRevAndExpnssAmt |
| Gross Rents Net Invst Incm | $254,515 | GrossRentsNetInvstIncmAmt |
| Net Rental Income Or Loss | $195,687 | NetRentalIncomeOrLossAmt |
| Net Gain Sale Ast Rev And Expnss | $103,945 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $963,206 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $103,945 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $17,472 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $17,158 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $433,652 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $433,338 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $65,000 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $20,800 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $31,200 | CompOfcrDirTrstDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $13,387 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $13,387 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $0 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $17,817 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $10,240 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $2,985 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $58,665 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $42,665 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $16,559 | OtherProfFeesDsbrsChrtblAmt |
| Interest Rev And Expnss | $50 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $0 | InterestNetInvstIncmAmt |
| Interest Dsbrs Chrtbl | $0 | InterestDsbrsChrtblAmt |
| Taxes Rev And Expnss | $13,282 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $8,439 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $41,900 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $41,900 | DeprecAndDpltnNetInvstIncmAmt |
| Occupancy Rev And Expnss | $1,600 | OccupancyRevAndExpnssAmt |
| Occupancy Net Invst Incm | $1,280 | OccupancyNetInvstIncmAmt |
| Occupancy Dsbrs Chrtbl | $500 | OccupancyDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $1,889 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $0 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $1,216 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $62,065 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $52,483 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $2,689 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $275,655 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $191,194 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $55,149 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $273,986 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $335,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $549,641 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $191,194 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $390,149 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$115,989 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $242,144 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $75,620 | CashBOYAmt |
| Cash EOY | $41,406 | CashEOYAmt |
| Cash EOYFMV | $41,406 | CashEOYFMVAmt |
| Other Nts And Loans Rcvbl | $543,395 | OtherNtsAndLoansRcvblAmt |
| Other Rcvbl Allwnc Dbtfl Acct | $0 | OtherRcvblAllwncDbtflAcctAmt |
| Other Nts And Loans Rcvbl BOY | $66,953 | OtherNtsAndLoansRcvblBOYAmt |
| Other Nts And Loans Rcvbl EOY | $543,395 | OtherNtsAndLoansRcvblEOYAmt |
| Other Nts And Loans Rcvbl EOYFMV | $543,395 | OtherNtsAndLoansRcvblEOYFMVAmt |
| US Government Obligations BOY | $0 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $24,963 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $24,963 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $3,951,570 | CorporateStockBOYAmt |
| Corporate Stock EOY | $3,508,881 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $4,344,731 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $623,791 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $917,831 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $917,831 | CorporateBondsEOYFMVAmt |
| Invst Land Cost Or Other Basis | $1,420,763 | InvstLandCostOrOtherBasisAmt |
| Invst Land Accum Depreciation | $280,979 | InvstLandAccumDepreciationAmt |
| Land Bldg Investments BOY | $1,784,350 | LandBldgInvestmentsBOYAmt |
| Land Bldg Investments EOY | $1,139,784 | LandBldgInvestmentsEOYAmt |
| Land Bldg Investments EOYFMV | $1,827,521 | LandBldgInvestmentsEOYFMVAmt |
| Mortgage Loans BOY | $118,233 | MortgageLoansBOYAmt |
| Mortgage Loans EOY | $94,930 | MortgageLoansEOYAmt |
| Mortgage Loans EOYFMV | $94,930 | MortgageLoansEOYFMVAmt |
| Other Assets BOY | $431,426 | OtherAssetsBOYAmt |
| Other Assets EOY | $421,103 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $421,103 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $7,051,943 | TotalAssetsBOYAmt |
| Total Assets EOY | $6,692,293 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $8,215,880 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $45,738 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $30,000 | AccountsPayableEOYAmt |
| Deferred Revenue BOY | $16,050 | DeferredRevenueBOYAmt |
| Other Liabilities BOY | $498,364 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $394,629 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $560,152 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $424,629 | TotalLiabilitiesEOYAmt |
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
| Temporarily Restricted BOY | $6,491,791 | TemporarilyRestrictedBOYAmt |
| Temporarily Restricted EOY | $6,267,664 | TemporarilyRestrictedEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $6,491,791 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $6,267,664 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $7,051,943 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $6,692,293 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $6,491,791 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$115,989 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $6,375,802 | SubtotalAmt |
| Other Decreases | $108,138 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $6,267,664 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (4 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| CHARLES SCHWAB | P | 2014-10-09 | 2015-10-23 | $11,758 | $11,412 | $346 | $346 |
| CHARLES SCHWAB | P | 2012-03-09 | 2015-10-23 | $271,448 | $244,382 | $27,066 | $27,066 |
| 155 E CLINTON AVE 5B | P | 1948-04-14 | 2015-09-02 | $120,000 | $129,080 | -$9,080 | -$9,080 |
| VILLAMARE | P | 2010-06-17 | 2015-04-30 | $560,000 | $474,387 | $85,613 | $85,613 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $103,945 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | Yes (1) | LiableSection4942TaxInd |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $4,843 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $4,843 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $4,843 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $6,858 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $6,858 | TotalPaymentsAndCreditsAmt |
| Overpayment | $2,015 | OverpaymentAmt |
| Applied To ES Tax | $2,015 | 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 | 0 | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Form990 PF Filed With Atty Gen | 0 | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | Yes (1) | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 9733248741 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 707 EAGLE ROCK AVENUE | AddressLine1Txt |
| City | WEST ORANGE | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07052 | 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 | Yes (1) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | 0 | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | Yes (1) | BusinessHoldingsInd |
| Excess Business Holdings | 0 | ExcessBusinessHoldingsInd |
| 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 (5 entries)
| Address Line1USAddress/AddressLine1Txt | Address Line2USAddress/AddressLine2Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|---|
| GORDON D MEYER | |||||||||
| C/O THE FOUNDATION 707 EAGLE ROCK | AVENUE | WEST ORANGE | NJ | 07052 | VICE PRESIDENT | 2.50 | $13,000 | $0 | $0 |
| DONALD H QUINN | |||||||||
| C/O THE FOUNDATION 707 EAGLE ROCK | AVENUE | WEST ORANGE | NJ | 07052 | PRESIDENT | 2.50 | $13,000 | $0 | $0 |
| LAURA FIGUEROA | |||||||||
| C/O THE FOUNDATION 707 EAGLE ROCK | AVENUE | WEST ORANGE | NJ | 07052 | SECRETARY/TREASURER | 1.50 | $13,000 | $0 | $0 |
| JORGE COROMINAL | |||||||||
| C/O THE FOUNDATION 707 EAGLE ROCK | AVENUE | WEST ORANGE | NJ | 07052 | ASSISTANT SECRETARY | 0.50 | $13,000 | $0 | $0 |
| ELLA GLOVER | |||||||||
| C/O THE FOUNDATION 707 EAGLE ROCK | AVENUE | WEST ORANGE | NJ | 07052 | VICE PRESIDENT | 0.50 | $13,000 | $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 | $1,524,324 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $97,887 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $6,540,725 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $8,162,936 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $8,162,936 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $122,444 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $8,040,492 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $402,025 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $402,025 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $4,843 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $4,843 | TotalTaxAmt |
| Distributable Before Adj | $397,182 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $397,182 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $397,182 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $390,149 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $390,149 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $390,149 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $397,182 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $382,831 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $390,149 | QualifyingDistributionsAmt |
| Applied To Year1 | $382,831 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $7,318 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $0 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $389,864 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $0 | ExcessDistriCyovToNextYrAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | DONALD QUINN | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 707 EAGLE ROCK AVENUE | AddressLine1Txt |
| City | WEST ORANGE | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07052 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 9733248741 | RecipientPhoneNum |
| Form And Info And Materials | LETTER INDICATING PRIMARY USE OF FUNDS AND BACKGROUND INFORMATION. | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | BY OCTOBER 31ST | SubmissionDeadlinesTxt |
| Restrictions On Awards | NONE. | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (11 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| MASONIC CHARITY FOUNDATION OF NEW JERSEY | |||||||
| 902 JACKSONVILLE ROAD | BURLINGTON | NJ | 08016 | N/A | 501(C)(3) | GENERAL OPERATING | $167,000 |
| UNITY SCHOOL OF CHRISTIANITY | |||||||
| 1901 N W BLUE PARKWAY | UNITY VILLAGE | MO | 64065 | N/A | 501(C)(3) | GENERAL OPERATING | $134,000 |
| BOYS & GIRLS CLUB OF PATERSON & PASSAIC | |||||||
| 264 21ST AVENUE | PATERSON | NJ | 07501 | N/A | 501(C)(3) | GENERAL OPERATING | $3,000 |
| CHRISTIAN HEALTH CARE CENTER FOUNDATION | |||||||
| 301 SICOMAC AVENUE | WYCKOFF | NJ | 07481 | N/A | 501(C)(3) | GENERAL OPERATING | $4,000 |
| DOUBLE HARVEST | |||||||
| 55 SOUTH MAIN STREET | OBERLIN | OH | 44074 | N/A | 501(C)(3) | GENERAL OPERATING | $3,500 |
| EASTERN CHRISTIAN CHILDREN'S RETREAT | |||||||
| 700 MOUNTAIN AVENUE | WYCKOFF | NJ | 07481 | N/A | 501(C)(3) | GENERAL OPERATING | $3,000 |
| ETHIOPIA'S TOMORROW INC | |||||||
| 28 HOFFMAN STREET | MAPPLEWOOD | NJ | 07040 | N/A | 501(C)(3) | GENERAL OPERATING | $3,000 |
| SOUTH EAST ASIA PRAYER CENTER | |||||||
| PO BOX 127 | OAKMONT | PA | 15139 | N/A | 501(C)(3) | GENERAL OPERATING | $5,000 |
| STAR OF HOPE MINISTRIES INC | |||||||
| 34 BROADWAY | PATERSON | NJ | 07505 | N/A | 501(C)(3) | GENERAL OPERATING | $4,000 |
| THE BAPTIST HOME SOCIETY OF NEW JERSEY | |||||||
| 707 EAGLE ROCK AVENUE | WEST ORANGE | NJ | 07052 | N/A | 501(C)(3) | GENERAL OPERATING | $3,500 |
| CAMP YOUTH DEVELOPMENT PROGRAM CORP | |||||||
| 13-15 NORTH FIRST STREET | PATERSON | NJ | 07522 | N/A | OTHER PUBLIC CHARITY | GENERAL OPERATING | $5,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $335,000 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $57,720 | ExclusionAmt |
Net Rntl Incm Re Debt Fincd Prop NetRntlIncmReDebtFincdPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 16 | ExclusionCd |
| Exclusion | $195,687 | ExclusionAmt |
Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $17,158 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $103,945 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | MISCELLANEOUS | Desc |
| Exclusion | 01 | ExclusionCd |
| Exclusion | $314 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $374,824 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $374,824 | 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 | CategoryTxt |
| Amt | $17,817 | Amt |
| Net Investment Income | $10,240 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $2,985 | DisbursementsCharitablePrpsAmt |
Expln Of Non Filing With AG Stmt ExplnOfNonFilingWithAGStmt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | THE STATE OF NEW JERSEY DOES NOT REQUIRE THE FOUNDATION TO FURNISH THEM A COPY OF FORM 990-PF SINCE IT IS NOT A REGISTERED CHARITY. THE FOUNDATION IS ONLY REQUIRED TO REGISTER WITH THE STATE IF IT RECEIVES MORE THAN $10,000 IN ANNUAL GROSS CONTRIBUTIONS. | ExplanationTxt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | CORPORATE BONDS | BondNm |
| EOY Book Value | $917,831 | EOYBookValueAmt |
| EOYFMV | $917,831 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | CORPORATE STOCKS | StockNm |
| EOY Book Value | $3,508,881 | EOYBookValueAmt |
| EOYFMV | $4,344,731 | EOYFMVAmt |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $24,963 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $24,963 | USGovtObligationsEOYFMVAmt |
| State Local Sec Book Vl EOY | $0 | StateLocalSecBookVlEOYAmt |
| State Local Sec EOYFMV | $0 | StateLocalSecEOYFMVAmt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL | CategoryTxt |
| Legal Fees | $13,387 | LegalFeesAmt |
| Net Investment Income | $13,387 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (2 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| PREPAID EXPENSES | $5,852 | $34,515 | $34,515 |
| PREPAID CONTRIBUTION | $425,574 | $386,588 | $386,588 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail (2 entries)
| DescDesc | AmtAmt |
|---|---|
| UNREALIZED GAIN | $31,102 |
| CHANGE IN BVG INVESTMENT | $77,036 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (4 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| PROPERTY EXPENSES | $50,390 | $50,390 | $0 |
| MISCELLANEOUS EXPENSES | $1,329 | $0 | $0 |
| INSURANCE | $4,811 | $2,093 | $2,689 |
| OFFICE EXPENSE | $5,535 | $0 | $0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| NOTES REC.-INTEREST INCOME | $17,158 | $17,158 | $17,158 |
| MISCELLANEOUS | $314 | $314 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail (3 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt |
|---|---|---|
| EXCISE TAX PAYABLE | $1,596 | $0 |
| SECURITY DEPOSITS | $2,850 | $711 |
| CONTRIBUTION PAYABLE | $493,918 | $393,918 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | OTHER | CategoryTxt |
| Amt | $58,665 | Amt |
| Net Investment Income | $42,665 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $16,559 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| REAL ESTATE TAXES - RENTED PROPERTY | $8,439 | $8,439 | $0 |
| EXCISE TAX | $4,843 | $0 | $0 |
Transfers To Controlled Entities TransfersToControlledEntities
Transfers To Controlled Ent TransfersToControlledEntGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | DescDesc | AmtAmt |
|---|---|---|---|---|---|---|
| BROOKVIEW GARDENS INC | ||||||
| 851 FRANKLIN LAKES ROAD | FRANKLIN LAKES | NJ | 07417 | 221460289 | LOAN MADE TO BROOKVIEW GARDENS, INC. IN CONNECTION WITH SALE OF VILLAMARE PROPERTY. | $521,395 |
| BROOKVIEW GARDENS INC | ||||||
| 851 FRANKLIN LAKES ROAD | FRANKLIN LAKES | NJ | 07417 | 221460289 | RENTS DUE TO BROOKVIEW GARDENS, INC. IN CONNECTION WITH SALE OF VILLAMARE PROPERTY. | $25,879 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $547,274 | TotalAmt |
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