GIVING GROUSBECK FAZZALARI: Form 990PF, tax year 2014
View the entire original 990 at ProPublica ↗
- Organization
- GIVING GROUSBECK FAZZALARI (EIN 30-6284986)
- Tax period
- 2014-12-01 to 2015-11-30
- Filed
- 2016-10-03
- IRS object ID
- 201622779349100517
- 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
- General Explanation Attachment
- Other Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2016-10-03T13:42:05-05:00 | ReturnTs |
| Tax Period End | 2015-11-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 342017646 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Gagnon Group LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | P O Box 730 | AddressLine1Txt |
| City | Point Pleasant | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 087420730 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2014-12-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 306284986 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Grousbeck Trust dated April 20 2011 | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | GROU | BusinessNameControlTxt |
| Phone | 7322951000 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | c/o The Gagnon Group LLC PO Box 730 | AddressLine1Txt |
| City | Point Pleasant | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 087420730 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Wycliffe K Grousbeck | PersonNm |
| Person Title | Trustee | PersonTitleTxt |
| Phone | 7322951000 | PhoneNum |
| Signature | 2016-09-22 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Mary C Buletza | PreparerPersonNm |
| PTIN | P00546079 | PTIN |
| Phone | 7322951000 | PhoneNum |
| Preparation | 2016-09-22 | PreparationDt |
| 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 | $37,103,222 | 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 | $214 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $214 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $290,262 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $272,070 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $3,890,174 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $3,890,174 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $3,406,076 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $58,941 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $50,764 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $4,239,591 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $3,729,124 | 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 | $25,320 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $11,320 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $5,000 | AccountingFeesChrtblPrpsAmt |
| Interest Rev And Expnss | $22,763 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $14,805 | InterestNetInvstIncmAmt |
| Interest Dsbrs Chrtbl | $0 | InterestDsbrsChrtblAmt |
| Taxes Rev And Expnss | $78,382 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $8,541 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $248,945 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $175,071 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $500 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $375,410 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $209,737 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $5,500 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $3,247,754 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $3,247,754 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $3,623,164 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $209,737 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $3,253,254 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $616,427 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $3,519,387 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $2,132,336 | CashBOYAmt |
| Cash EOY | $324,445 | CashEOYAmt |
| Cash EOYFMV | $324,445 | CashEOYFMVAmt |
| Other Assets BOY | $35,314,712 | OtherAssetsBOYAmt |
| Other Assets EOY | $37,739,030 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $36,778,777 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $37,447,048 | TotalAssetsBOYAmt |
| Total Assets EOY | $38,063,475 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $37,103,222 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Capital Stock BOY | $37,447,048 | CapitalStockBOYAmt |
| Capital Stock EOY | $38,063,475 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $0 | RetainedEarningBOYAmt |
| Retained Earning EOY | $0 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $37,447,048 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $38,063,475 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $37,447,048 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $38,063,475 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $37,447,048 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $616,427 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $38,063,475 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $38,063,475 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (6 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | Cost Or Other BasisCostOrOtherBasisAmt |
|---|---|---|---|---|---|---|---|
| K-1 STCG | P | 2014-12-01 | 2015-11-30 | $459,674 | $459,674 | $459,674 | |
| K-1 LTCG | P | 2014-11-30 | 2015-11-30 | $2,929,351 | $2,929,351 | $2,929,351 | |
| K-1 SEC 1231 | P | 2014-11-30 | 2015-11-30 | $17,051 | $17,051 | $17,051 | |
| K-1 STCG UBI | P | 2014-12-01 | 2015-11-30 | $231 | $0 | $0 | $231 |
| K-1 LTCG UBI | P | 2014-11-30 | 2015-11-30 | $113,082 | $0 | $0 | $113,082 |
| K-1 SEC 1231 UBI | P | 2014-11-30 | 2015-11-30 | $370,785 | $0 | $0 | $370,785 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $3,406,076 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | 0 | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $4,374,045 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $42,954,460 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.101830 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $2,429,522 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $40,173,192 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.060476 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $0 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $9,850,000 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.000000 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $15,150,196 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $185,562,757 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.081645 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $14,830,145 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $178,633,363 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.083020 | DistributionYr5Rt |
| Total Distribution | 0.326971 | TotalDistributionRt |
| Average Distribution | 0.065394 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $40,434,548 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $2,644,177 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $35,194 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $2,679,371 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $3,253,254 | 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 | $35,194 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $35,194 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $35,194 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $33,207 | EstimatedPlusOvpmtIncmTxAmt |
| Applied To Es Tax | $22,275 | AppliedToEsTaxAmt |
| Total Payments And Credits | $55,482 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Overpayment | $20,288 | OverpaymentAmt |
| Applied To ES Tax | $20,000 | AppliedToESTaxAmt |
| Refund | $288 | 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 | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | MA | 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 | Wycliffe K Grousbeck | IndividualWithBooksNm |
| Phone | 6178543005 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 226 Causeway Street 4th Floor | AddressLine1Txt |
| City | Boston | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02114 | 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 |
|---|---|---|---|---|---|---|---|---|
| Wycliffe K Grousbeck | ||||||||
| 226 Causeway Street 4th Floor | Boston | MA | 02114 | Trustee | 1.00 | $0 | $0 | $0 |
| Corinne B Grousbeck | ||||||||
| 226 Causeway Street 4th Floor | Boston | MA | 02114 | Trustee | 1.00 | $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 | $39,908,821 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $1,141,482 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $41,050,303 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $41,050,303 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $615,755 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $40,434,548 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $2,021,727 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $2,021,727 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $35,194 | TaxBasedOnInvestmentIncomeAmt |
| Income Tax | $24,238 | IncomeTaxAmt |
| Total Tax | $59,432 | TotalTaxAmt |
| Distributable Before Adj | $1,962,295 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $1,962,295 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $1,962,295 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $3,253,254 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $3,253,254 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $35,194 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $3,218,060 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $1,962,295 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $1,301,244 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $1,355,238 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr2 | $446,293 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $2,285,828 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $5,388,603 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $3,253,254 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $1,962,295 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $1,290,959 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $6,679,562 | 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 | $1,301,244 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $5,378,318 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $1,355,238 | ExcessFromYear4Amt |
| Excess From Year2 | $446,293 | ExcessFromYear2Amt |
| Excess From Year1 | $2,285,828 | ExcessFromYear1Amt |
| Excess From Current Year | $1,290,959 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | Wycliffe K Grousbeck Trustee | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 226 Causeway Street 4th Floor | AddressLine1Txt |
| City | Boston | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02114 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 6178543005 | RecipientPhoneNum |
| Recipient Email Address | GrousbeckTrust@gmail.com | RecipientEmailAddressTxt |
| Form And Info And Materials | No formal procedures have been established at this time. | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | No deadlines have been established at this time. | SubmissionDeadlinesTxt |
| Restrictions On Awards | Grants are limited to IRC Section 501(c)(3) defined purposes and charities. | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (36 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line1RecipientForeignAddress/AddressLine1Txt | CityRecipientForeignAddress/CityNm | Province Or StateRecipientForeignAddress/ProvinceOrStateNm | CountryRecipientForeignAddress/CountryCd | Foreign PostalRecipientForeignAddress/ForeignPostalCd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Autism Speaks | ||||||||||||
| 85 Devonshire Street 9th Floor | Boston | MA | 02109 | N/A | Public charities | General | $3,000 | |||||
| Best Buddies Challenge | ||||||||||||
| 45 Bromfield Street 7th Floor | Boston | MA | 02108 | N/A | Public charities | General | $15,000 | |||||
| Big Brothers Big Sisters of Massachusetts Bay | ||||||||||||
| 75 Federal Street 8th Floor | Boston | MA | 02110 | N/A | Public charities | General | $10,000 | |||||
| Boston Celtics Shamrock Foundation | ||||||||||||
| 226 Causeway Street 4th Floor | Boston | MA | 02114 | N/A | Public charities | General | $482,000 | |||||
| Boston Children's Hospital | ||||||||||||
| 1 Autumn Street 731 | Boston | MA | 022155301 | N/A | Public charities | General | $67,500 | |||||
| Boys and Girls Club of Boston | ||||||||||||
| 50 Congress Street | Boston | MA | 02109 | N/A | Public charities | General | $10,000 | |||||
| Breast Cancer Research Foundation | ||||||||||||
| 60 E 56th Street 8th Floor | New York | NY | 10022 | N/A | Public charities | General | $2,500 | |||||
| Bridge Over Trouble Waters | ||||||||||||
| 222 Forbes Road Suite 207 | Braintree | MA | 02184 | N/A | Public charities | General | $5,000 | |||||
| Facing History and Ourselves | ||||||||||||
| 16 Hurd Road | Brookline | MA | 02445 | N/A | Public charities | General | $2,500 | |||||
| Film Makers Collaborative | ||||||||||||
| 6 Eastman Place Suite 202 | Melrose | MA | 02176 | N/A | Public charities | General | $25,000 | |||||
| Formula E Operations | ||||||||||||
| N/A | Public charities | General | $11,770 | 3 Shortlands 9th FCloor | Hammersmith | London | UK | W6 8DA | ||||
| Isabella Stewart Gardner Museum | ||||||||||||
| 280 The Fenway | Boston | MA | 02115 | N/A | Public charities | General | $3,500 | |||||
| Italian Home for Children | ||||||||||||
| 1125 Centre Street | Boston | MA | 021303495 | N/A | Public charities | General | $7,500 | |||||
| Justine Mee Liff Fund | ||||||||||||
| 125 The Fenway | Boston | MA | 02115 | N/A | Public charities | General | $2,500 | |||||
| K-1 allocation | ||||||||||||
| 655 Knight Way | Stanford | CA | 943057216 | N/A | Public charities | General | $49 | |||||
| Lesley University | ||||||||||||
| 29 Everett Street | Cambridge | MA | 02138 | N/A | Public charities | General | $700,000 | |||||
| Lovelane Special Needs Horseback Programs | ||||||||||||
| 40 Baker Bridge Road | Lincoln | MA | 01773 | N/A | Public charities | General | $60,000 | |||||
| Massachusetts Eye and Ear Infirmary | ||||||||||||
| 243 Charles Street | Boston | MA | 02114 | N/A | Public charities | General | $1,100,000 | |||||
| Massachusetts General Hospital | ||||||||||||
| 100 Cambridge Street Suite 1310 | Boston | MA | 021142548 | N/A | Public charities | General | $10,000 | |||||
| MGH Cancer Center | ||||||||||||
| 55 Fruit Street | Boston | MA | 02144 | N/A | Public charities | General | $5,000 | |||||
| Michigan State University | ||||||||||||
| D208 Veterinary Medical Center | East Lansing | MI | 488241314 | N/A | Public charities | General | $50,000 | |||||
| MSPCC | ||||||||||||
| 3815 Washington Street Suite 2 | Boston | MA | 02130 | N/A | Public charities | General | $25,000 | |||||
| MVCPC Inc-Camp Jabbeewocky | ||||||||||||
| PO Box 1357 | Vineyard Haven | MA | 02568 | N/A | Public charities | General | $50,000 | |||||
| MVYouth | ||||||||||||
| PO Box 65 | Chilmark | MA | 02535 | N/A | Public charities | General | $25,935 | |||||
| National Braille Press | ||||||||||||
| 88 St Stephen St | Boston | MA | 02115 | N/A | Public charities | General | $25,000 | |||||
| Off the Wall Graffiti | ||||||||||||
| 5807 Tobias Avenue | Sherman Oaks | CA | 91411 | N/A | public charities | General | $5,000 | |||||
| Perkins School for the Blind | ||||||||||||
| 175 North Beacon Street | Watertown | MA | 02172 | N/A | Public charities | General | $15,000 | |||||
| Reitsyndromorg | ||||||||||||
| 4600 Devitt Drive | Cincinnati | OH | 45246 | N/A | Public charities | General | $10,000 | |||||
| Stanford University | ||||||||||||
| 326 Galvez Street | Stanford | CA | 943055018 | N/A | Public charities | General | $25,000 | |||||
| The Cam Neely Foundation | ||||||||||||
| 30 Winter Street 2nd Floor | Boston | MA | 02108 | N/A | PUblic charities | General | $10,000 | |||||
| The Greater Boston Food Bank | ||||||||||||
| 70 S Bay Avenue | Boston | MA | 02118 | N/A | Public charities | General | $15,000 | |||||
| The Joey Fund | ||||||||||||
| 220 N Main Street Suite 104 | Natick | MA | 01760 | N/A | Public charities | General | $25,000 | |||||
| The National Rowing Foundation | ||||||||||||
| 67 Mystic Road | North Stonington | CT | 06359 | N/A | Public charities | General | $33,000 | |||||
| University of Iowa Foundation | ||||||||||||
| PO Box 4550 | Iowa City | IA | 522444550 | N/A | Public charities | General | $395,500 | |||||
| US Ski and Snowbaord Team Foundation | ||||||||||||
| PO Box 100 | Park City | UT | 84060 | N/A | Public charities | General | $15,000 | |||||
| Weston Police Relief Association | ||||||||||||
| 180 Boston Post Road | Weston | MA | 02193 | N/A | Public charities | General | $500 | |||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $3,247,754 | 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 | $214 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business | 900099 | BusinessCd |
| Unrelated Business Taxbl Incm | $18,192 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | 14 | ExclusionCd |
| Exclusion | $272,070 | ExclusionAmt |
Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business | 900099 | BusinessCd |
| Unrelated Business Taxbl Incm | $8,177 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | 14 | ExclusionCd |
| Exclusion | $50,764 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business | 900099 | BusinessCd |
| Unrelated Business Taxbl Incm | $484,098 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | 14 | ExclusionCd |
| Exclusion | $3,406,076 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $510,467 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $3,729,124 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $4,239,591 | 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 (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| Accounting and tax fees | $23,000 | $9,000 | $5,000 |
| Bookkeeping services | $2,320 | $2,320 | $0 |
General Explanation Attachment GeneralExplanationAttachment
General Explanation GeneralExplanationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Form 8886 | FormAndLineReferenceDesc |
| Medium Explanation | TWO FORMS 8886 REPORTABLE TRANSACTION DISCLOSURESTATEMENTS WERE FILED FOR CURRENT YEAR LOSS TRANSACTIONSGREATER THAN $2 MILLION DOLLARS EACH AND TRANSACTIONSWITH CUMULATIVE LOSSES GREATER THAN $4 MILLIONEACH AS REQUIRED BY REG. SEC. 1.6011-4. THE PARTNER'SSHARE OF EACH TRANSACTION LOSS WAS LESS THAN $2MILLION FOR THE CURRENT YEAR, AND LESS THAN $4 MILLIONCUMULATIVELY UNLESS OTHERWISE NOTED. THIS IS BELOWTHE MINIMUM THRESHOLD FOR FILING OF FORM 8886 BY THE PARTNER. | MediumExplanationTxt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Investment in diversified investment partnerships | Desc |
| BOY Book Value | $35,314,712 | BOYBookValueAmt |
| EOY Book Value | $37,739,030 | EOYBookValueAmt |
| EOYFMV | $36,778,777 | EOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (6 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| Massachusetts filing fees | $500 | $0 | $500 |
| K-1 allocation non-ded exp | $33,274 | $0 | $0 |
| K-1 allocation deductions - portfolio (2% floor) | $166,740 | $166,740 | $0 |
| K-1 allocation deductions - portfolio (other) | $13,331 | $8,331 | $0 |
| UBI allocation K-1s Pship Ordinary Loss | $33,053 | $0 | $0 |
| UBI allocation K-1s Pship Other Portfolio Loss | $2,047 | $0 | $0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (5 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| K-1 Pship Portfolio income | $585,384 | $585,384 | $585,384 |
| K-1 Pship Other income | -$393,982 | -$393,982 | -$393,982 |
| K-1 Pship Ordinary income | $3,726 | $3,726 | $3,726 |
| K-1 Pship Net Rental RE income | -$144,364 | -$144,364 | -$144,364 |
| k-1 Pship Net Rental RE income-UBI | $8,177 | $0 | $8,177 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| Federal 990 PF tax payments | $32,000 | $0 | $0 |
| Foreign tax withheld | $14,223 | $8,541 | $0 |
| State tax expense | $32,159 | $0 | $0 |
Comments