VEALE FOUNDATION: Form 990PF, tax year 2015
View the entire original 990 at ProPublica ↗
- Organization
- VEALE FOUNDATION (EIN 34-6565830)
- Tax period
- 2015-01-01 to 2015-12-31
- Filed
- 2016-11-14
- IRS object ID
- 201623199349102377
- 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
- Depreciation Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Land Etc Schedule2
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2016-11-14T15:04:33-06:00 | ReturnTs |
| Tax Period End | 2015-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CONNER & ASSOCIATES LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 26016 DETROIT RD SUITE 3 | AddressLine1Txt |
| City | WESTLAKE | CityNm |
| State Abbreviation | OH | StateAbbreviationCd |
| ZIP | 44145 | 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 | 346565830 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Veale Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % DANIEL HARRINGTON | InCareOfNm |
| Business Name Control | VEAL | BusinessNameControlTxt |
| Phone | 2162553166 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 30195 Chagrin Blvd Suite 310 | AddressLine1Txt |
| City | Pepper Pike | CityNm |
| State Abbreviation | OH | StateAbbreviationCd |
| ZIP | 44124 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DANIEL HARRINGTON | PersonNm |
| Person Title | CHAIRMAN | PersonTitleTxt |
| Phone | 2162553166 | PhoneNum |
| Signature | 2016-11-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Richard Conner | PreparerPersonNm |
| PTIN | P01355454 | PTIN |
| Phone | 4406170390 | PhoneNum |
| 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 | $127,100,873 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $0 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $1 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $1 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $2,563,700 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $2,560,401 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | -$409,882 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $57,656,123 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $0 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $133,298 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $133,298 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $2,287,117 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $2,693,700 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $13,996 | CompOfcrDirTrstRevAndExpnssAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $231,924 | OthEmplSlrsWgsRevAndExpnssAmt |
| Pension Empl Bnft Rev And Expnss | $24,492 | PensionEmplBnftRevAndExpnssAmt |
| Accounting Fees Rev And Expnss | $12,480 | AccountingFeesRevAndExpnssAmt |
| Other Prof Fees Rev And Expnss | $426,683 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $403,210 | OtherProfFeesNetInvstIncmAmt |
| Interest Rev And Expnss | $272,420 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $272,420 | InterestNetInvstIncmAmt |
| Taxes Rev And Expnss | $250,004 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $4,510 | TaxesNetInvstIncmAmt |
| Deprec And Dpltn Rev And Expnss | $1,216 | DeprecAndDpltnRevAndExpnssAmt |
| Trav Conf Meeting Rev And Expnss | $6,537 | TravConfMeetingRevAndExpnssAmt |
| Printing And Pub Rev And Expnss | $3,148 | PrintingAndPubRevAndExpnssAmt |
| Other Expenses Rev And Expnss | $401,337 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $264,713 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $200 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $1,644,237 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $944,853 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $200 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $3,508,500 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $3,508,500 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $5,152,737 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $944,853 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $3,508,700 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$2,865,620 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $1,748,847 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $844,606 | CashBOYAmt |
| Cash EOY | $2,030,050 | CashEOYAmt |
| Cash EOYFMV | $2,030,050 | CashEOYFMVAmt |
| Acct Rcvbl | $121,395 | AcctRcvblAmt |
| Acct Rcvbl EOY | $121,395 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $121,395 | AcctRcvblEOYFMVAmt |
| Corporate Stock BOY | $79,025,126 | CorporateStockBOYAmt |
| Corporate Stock EOY | $69,613,197 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $68,243,535 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $54,127,177 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $56,873,012 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $56,699,812 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $6,081 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $1,216 | LandBldgEquipAccumDeprecAmt |
| Land EOY | $4,865 | LandEOYAmt |
| Land EOYFMV | $6,081 | LandEOYFMVAmt |
| Total Assets BOY | $133,996,909 | TotalAssetsBOYAmt |
| Total Assets EOY | $128,642,519 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $127,100,873 | TotalAssetsEOYFMVAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Capital Stock BOY | $133,996,909 | CapitalStockBOYAmt |
| Capital Stock EOY | $128,642,519 | CapitalStockEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $133,996,909 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $128,642,519 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $133,996,909 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $128,642,519 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $133,996,909 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$2,865,620 | ExcessRevenueOverExpensesAmt |
| Subtotal | $131,131,289 | SubtotalAmt |
| Other Decreases | $2,488,770 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $128,642,519 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (7 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| SEE STMT WF XXX-6800 | P | 2014-01-01 | 2015-12-31 | $15,800,233 | $15,150,935 | $649,298 | $649,298 |
| SEE STMT WF XXX-6801 | P | 2014-01-01 | 2015-12-31 | $12,420,055 | $12,233,739 | $186,316 | $186,316 |
| SEE STMT WF XXX-6802 | P | 2014-01-01 | 2015-12-31 | $5,896,205 | $5,371,262 | $524,943 | $524,943 |
| SEE STMT WF XXX-6803 | P | 2014-01-01 | 2015-12-31 | $2,355,816 | $2,456,849 | -$101,033 | -$101,033 |
| SEE STMT WF XXX-6804 | P | 2014-01-01 | 2015-12-31 | $12,956,326 | $12,980,693 | -$24,367 | -$24,367 |
| SEE STMT WF XXX-6805 | P | 2015-11-10 | 2015-12-31 | $5,354,267 | $5,353,898 | $369 | $369 |
| GRK DOMESTIC FUND LP | P | 2013-06-01 | 2016-05-09 | $4,046,516 | $4,518,629 | -$472,113 | -$472,113 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -$409,882 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $6,254,727 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $131,127,501 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.0477 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $9,533,484 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $80,721,764 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.118103 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $2,671,808 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $52,491,444 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.0509 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $2,867,238 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $46,101,162 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.062194 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $1,818,176 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $34,795,880 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.052253 | DistributionYr5Rt |
| Total Distribution | 0.33115 | TotalDistributionRt |
| Average Distribution | 0.06623 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $128,737,556 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $8,526,288 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $17,488 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $8,543,776 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $3,508,700 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $34,977 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $34,977 | SubtotalAmt |
| Tax Based On Investment Income | $34,977 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $50,000 | EstimatedPlusOvpmtIncmTxAmt |
| Applied To Es Tax | $25,000 | AppliedToEsTaxAmt |
| Total Payments And Credits | $75,000 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $397 | EsPenaltyAmt |
| Overpayment | $39,626 | OverpaymentAmt |
| Applied To ES Tax | $39,626 | AppliedToESTaxAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | OH | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DANIEL HARRINGTON | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2162553166 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 30195 CHAGRIN BLVD STE 310 | AddressLine1Txt |
| City | PEPPER PIKE | CityNm |
| State Abbreviation | OH | StateAbbreviationCd |
| ZIP | 44124 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Undistr Incm Sect4942a2 Not App | false | UndistrIncmSect4942a2NotAppInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Proceeds Or Net Income | false | ProceedsOrNetIncomeInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (4 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt |
|---|---|---|---|---|---|---|
| DANIEL HARRINGTON | ||||||
| 30195 Chagrin Blvd | Pepper Pike | OH | 44124 | CHAIRMAN | 0 | $0 |
| JANE KOBER | ||||||
| 30195 Chagrin Blvd | Pepper Pike | OH | 44124 | VICE CHAIRMAN | 0 | $0 |
| RICHARD HARR | ||||||
| 30195 Chagrin Blvd | Pepper Pike | OH | 44124 | SECRETARY | 0 | $13,996 |
| WILLIAM JAMES CULBERTSON | ||||||
| 30195 Chagrin Blvd | Pepper Pike | OH | 44124 | TRUSTEE | 0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Summary Of Direct Chrtbl Acty | SummaryOfDirectChrtblActyGrp | |
| Sum Of Program Related Invst | SumOfProgramRelatedInvstGrp |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $130,698,026 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $0 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $130,698,026 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $130,698,026 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $1,960,470 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $128,737,556 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $6,436,878 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $6,436,878 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $34,977 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $34,977 | TotalTaxAmt |
| Distributable Before Adj | $6,401,901 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $6,401,901 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $6,401,901 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $3,508,700 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $0 | CharitableAssetsAcquisPaidAmt |
| Set Aside Suitability Test | $0 | SetAsideSuitabilityTestAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $3,508,700 | QualifyingDistributionsAmt |
| Adjusted Qualifying Distri | $3,508,700 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $6,401,901 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Prior Year1 | 2013 | PriorYear1Yr |
| Prior Year2 | 2012 | PriorYear2Yr |
| Prior Year3 | 2011 | PriorYear3Yr |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr4 | $133,486 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $130,020 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $5,544,006 | ExcessDistributionCyovYr2Amt |
| Total Excess Distribution Cyov | $5,807,512 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $3,508,700 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Current Year | $3,508,700 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $2,893,201 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $2,893,201 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $2,914,311 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $2,914,311 | ExcessDistriCyovToNextYrAmt |
| Excess From Year2 | $2,914,311 | ExcessFromYear2Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (40 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| AMERICAN FOREIGN POLICY COUNCIL | |||||||
| 509 C Street NE | WASHINGTON | DC | 20002 | NONE | PC | GENERAL FUND | $270,500 |
| AMERICAN RED CROSS | |||||||
| 3747 Euclid Ave | CLEVELAND | OH | 44115 | NONE | PC | GENERAL FUND | $25,000 |
| BEAUMONT SCHOOL | |||||||
| 3301 N Park Blvd | CLEVELAND HEIGHTS | OH | 44118 | NONE | PC | GENERAL FUND | $10,000 |
| BENEDICTINE HIGH SCHOOL | |||||||
| 2900 Martin Luther King Jr Dr | CLEVELAND | OH | 44104 | NONE | PC | GENERAL FUND | $10,000 |
| BOYS & GIRLS CLUB OF THE BELLPORT AREA | |||||||
| 471 Atlantic Ave | BELLPORT | NY | 11713 | NONE | PC | GENERAL FUND | $2,500 |
| CASE WESTERN RESERVE UNIVERSITY | |||||||
| 10900 Euclid Ave | CLEVELAND | OH | 44106 | NONE | PC | GENERAL FUND | $2,445,000 |
| CLEVELAND BOTANICAL GARDEN | |||||||
| 11030 East Blvd Cleveland OH 4410 | CLEVELAND | OH | 44106 | NONE | PC | GENERAL FUND | $25,000 |
| CLEVELAND CLINIC HILLCREST HOSPITAL | |||||||
| 6780 Mayfield Rd | MAYFIELD HEIGHTS | OH | 44124 | NONE | PC | GENERAL FUND | $10,000 |
| CLEVELAND MUSEUM OF ART | |||||||
| 11150 East Blvd | CLEVELAND | OH | 44106 | NONE | PC | GENERAL FUND | $25,000 |
| CLEVELAND MUSEUM OF NATURAL HISTORY | |||||||
| 1 WADE OVAL DR | CLEVELAND | OH | 44106 | NONE | PC | GENERAL FUND | $25,000 |
| COGSWELL HALL | |||||||
| 7200 Franklin Blvd | CLEVELAND | OH | 44102 | NONE | PC | GENERAL FUND | $25,000 |
| BROOKHAVEN MEMORIAL HOSPITAL | |||||||
| 101 Hospital Rd | PATCHOGUE | NY | 11772 | NONE | PC | GENERAL FUND | $12,500 |
| FOUNDATION FIGHTING BLINDNESS | |||||||
| 7168 COLUMBIA GATGEWAY DR | COLUMBIA | MD | 21046 | NONE | PC | GENERAL FUND | $10,000 |
| FRIENDS OF BREAKTHROUGH SCHOOL | |||||||
| 10118 Hampden Ave | CLEVELAND | OH | 44108 | NONE | PC | GENERAL FUND | $5,000 |
| GATES MILLS HISTORICAL SOCIETY | |||||||
| PO Box 191 | GATES MILLS | OH | 44040 | NONE | PC | GENERAL FUND | $35,000 |
| GILMOUR ACADEMY | |||||||
| 34001 Cedar Rd | GATES MILLS | OH | 44040 | NONE | PC | GENERAL FUND & OUR LADY CHAPEL | $20,000 |
| HATHAWAY BROWN SCHOOL | |||||||
| 19600 N Park Blvd | SHAKER HEIGHTS | OH | 44122 | NONE | PC | GENERAL FUND | $10,000 |
| HOLDEN ARBORETUM | |||||||
| 9550 SPERRY RD | WILLOUGHBY | OH | 44094 | NONE | PC | GENERAL FUND | $3,000 |
| HOPEWELL | |||||||
| 9637 OH-534 | MIDDELFIELD | OH | 44062 | NONE | PC | GENERAL FUND | $10,000 |
| JOHN CARROLL UNIVERSITY | |||||||
| 1 John Carroll Blvd | UNIVERSITY HEIGHTS | OH | 44118 | NONE | PC | GENERAL FUND | $17,000 |
| KENYON COLLEGE | |||||||
| 101 Scott LANE | GAMBIER | OH | 43022 | NONE | PC | GENERAL FUND | $5,000 |
| LAUREL SCHOOL | |||||||
| 1 Lyman Circle | SHAKER HEIGHTS | OH | 44122 | NONE | PC | GENERAL FUND | $10,000 |
| MAGNIFICAT HIGH SCHOOL | |||||||
| 20770 Hilliard Blvd | ROCKY RIVER | OH | 44116 | NONE | PC | GENERAL FUND | $10,000 |
| MONTESSORI HIGH SCHOOL | |||||||
| 11025 Magnolia Dr | CLEVELAND | OH | 44106 | NONE | PC | GENERAL FUND | $10,000 |
| MOUNT ST JOSEPH UNIVERSITY | |||||||
| 5701 Delhi Ave | CINCINNATI | OH | 45233 | NONE | PC | GENERAL FUND | $25,000 |
| MUSICAL ARTS ASSOCIATION | |||||||
| 11001 EUCLID AVE | CLEVELAND | OH | 44106 | NONE | PC | GENERAL FUND | $25,000 |
| PROMISE PROJECT | |||||||
| 2475 East 22nd Street 4th Floor | CLEVELAND | OH | 44115 | NONE | PC | GENERAL FUND | $10,000 |
| ST CHRISTOPHER BY THE RIVER | |||||||
| 7601 Old Mill Rd | GATES MILLS | OH | 44040 | NONE | PC | GENERAL FUND | $20,000 |
| ST FRANCIS OF ASSISI SCHOOL | |||||||
| 6850 Mayfield Rd | GATES MILLS | OH | 44040 | NONE | PC | GENERAL FUND | $10,000 |
| ST IGNATIUS HIGH SCHOOL | |||||||
| 1911 W 30TH STREET | CLEVELAND | OH | 44113 | NONE | PC | GENERAL FUND | $10,000 |
| ST MARTIN DE PORRES | |||||||
| 6111 Lausche Ave | CLEVELAND | OH | 44103 | NONE | PC | GENERAL FUND | $10,000 |
| SINGING ANGELS | |||||||
| 3615 Euclid Ave 4 | CLEVELAND | OH | 44115 | NONE | PC | GENERAL FUND | $13,000 |
| UNIVERSITY OF MOUNT UNION | |||||||
| 1972 Clark Ave | ALLIANCE | OH | 44601 | NONE | PC | GENERAL FUND | $25,000 |
| UNIVERSITY SCHOOL | |||||||
| 2785 SOM CENTER RD | CHAGRIN FALLS | OH | 44022 | NONE | PC | YOUNG ENTREPENEUR INSTITUTE | $155,000 |
| WALSH JESUIT HIGH SCHOOL | |||||||
| 4550 Wyoga Lake Rd | STOW | OH | 44224 | NONE | PC | GENERAL FUND | $10,000 |
| WESTERN RESERVE LAND CONSERVANCY | |||||||
| 3850 Chagrin River Rd | MORELAND HILLS | OH | 44022 | NONE | PC | GENERAL FUND | $5,000 |
| YOUTH OPPORTUNITIES UNLIMITED | |||||||
| 1361 Euclid Ave | CLEVELAND | OH | 44115 | NONE | PC | GENERAL FUND | $120,000 |
| BRECKINRIDGE VILLAGE | |||||||
| 36855 Ridge Rd | WILLOUGHBY | OH | 44094 | NONE | PC | GENERAL FUND | $20,000 |
| HOSPICE OF THE VALLEY | |||||||
| 5190 MARKET ST | YOUNGSTOWN | OH | 44512 | NONE | GENERAL FUND | $10,000 | |
| PHI KAPPA PSI | |||||||
| 5395 EMERSON WAY | INDIANAPOLIS | IN | 46226 | NONE | PC | GENERAL FUND | $10,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $3,508,500 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fees Contracts From Govt Ag | FeesContractsFromGovtAgGrp | |
| Membership Dues And Assmnt | MembershipDuesAndAssmntGrp |
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $1 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $2,563,700 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Rntl Incm Re Debt Fincd Prop | NetRntlIncmReDebtFincdPropGrp | |
| Net Rntl Incm Re Not Debt Fincd Prop | NetRntlIncmReNotDebtFincdProp | |
| Net Rental Income Personal Prop | NetRentalIncomePersonalPropGrp | |
| Other Investment Incm Part VII | OtherInvestmentIncmPartVIIGrp |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | -$409,882 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | FROM PARTNERSHIPS | Desc |
| Exclusion | 18 | ExclusionCd |
| Exclusion | $133,298 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $2,287,117 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $2,287,117 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | LAPTOPS - 3 | PropertyDesc |
| Acquired | 2015-04-22 | AcquiredDt |
| Cost Or Other Basis | $6,081 | CostOrOtherBasisAmt |
| Computation Method | M5 | ComputationMethodTxt |
| Current Year Expense | $1,216 | CurrentYearExpenseAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (3 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| CORPORATE STOCKS | $12,074,867 | $12,859,158 |
| MUTUAL FUNDS | $45,493,612 | $43,488,771 |
| CORP BONDS & NOTES | $12,044,718 | $11,895,606 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (12 entries)
| Category Or ItemCategoryOrItemTxt | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| BAM | $807,438 | $863,284 |
| CARLYLE MEZZANINE | $872,785 | $901,508 |
| GRK LP | $0 | $0 |
| NEWPORT ASIA FUND | $3,639,076 | $3,700,065 |
| PERRY PARTNERS INC | $5,000,000 | $4,348,498 |
| SEMPER VIC PARTNERS | $7,225,621 | $7,565,483 |
| TOWNSQUARE RE FUND | $1,290,966 | $1,593,603 |
| BRENNER WEST CAPITAL | $5,000,000 | $5,152,265 |
| DAVISON KEMPNER LP | $5,037,140 | $5,074,909 |
| CHILDRENS FUND | $3,000,000 | $2,836,200 |
| STEADFAST | $5,000,000 | $4,664,011 |
| HTV NOTE | $19,999,986 | $19,999,986 |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | LAPTOPS - 3 | CategoryOrItemTxt |
| Cost Or Other Basis | $6,081 | CostOrOtherBasisAmt |
| Accumulated Depreciation | $1,216 | AccumulatedDepreciationAmt |
| Book Value | $4,865 | BookValueAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | TIMING & BOOK/TAX DIFFERENCE | Desc |
| Amt | $2,488,770 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (16 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| BANK & CUSTODIAL FEES | $22,924 | $22,788 | |
| OHIO ANNUAL FEES | $200 | $200 | |
| DUES & SUBSCRIPTIONS | $8,509 | ||
| IT EXPENSE SOFTWARE/HARDWARE | $12,372 | ||
| RECRUITING | $4,095 | ||
| OFFICE EXPENSES | $6,148 | ||
| INSURANCE | $4,636 | ||
| WORKERS COMP INSURANCE | $1,052 | ||
| MISC OFFICE EXPENSE | $1,137 | ||
| IRS PENALTIES & INTEREST | $8,375 | ||
| CARLYLE FUND-PORTFOLIO & OTHER | $46,904 | $31,423 | |
| TOWNSQUARE-PORTFOLIO & OTHER | $27,294 | $27,293 | |
| NEWPORT ASIA FD-PORTFOLIO EXP | $43,063 | $43,063 | |
| BAM FUND OTHER PORTFOLIO | $8,582 | $8,582 | |
| GRK FUND-PORTFOLIO EXPENSE | $131,517 | $131,517 | |
| DAVIDSON KEMPNER OTHER &PORTFO | $74,529 | $47 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (8 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| CARLYLE MEZZANINE LP | -$10,191 | -$10,191 |
| GRK DOMESTIC FD LP | -$176,931 | -$176,931 |
| NEWPORT ASIA FD LP | -$1,884 | -$1,884 |
| TOWNSQUARE RE ALPHA FD LP | $106,845 | $106,845 |
| DAVISON KEMPNER | $7,340 | $7,340 |
| SUNOCO LP | -$9,629 | -$9,629 |
| BRENNER WEST CAPITAL FUND-see form 8621 | $152,265 | $152,265 |
| SEMPER VIC PARTNERS-see from 8621 | $65,483 | $65,483 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| INVESTMENT ADVISOR FEES | $218,000 | $218,000 |
| INVESTMENT MGT FEES | $185,210 | $185,210 |
| VEALE FORUM CONSULTANT | $23,473 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (5 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| EXCISE TAXES 990PF 2014 BAL | $117,238 | |
| EXCISE TAXES EST-2014 | $50,000 | |
| EXCISE TAXES EST-2015 | $50,000 | |
| PAYROLL TAXES | $28,256 | |
| FOREIGN TAXES INVESTMENTS | $4,510 | $4,510 |
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