QUEALLY FOUNDATION INC: Form 990PF, tax year 2015
View the entire original 990 at ProPublica ↗
- Organization
- QUEALLY FOUNDATION INC (EIN 77-0607990)
- Tax period
- 2015-01-01 to 2015-12-31
- Filed
- 2016-11-01
- IRS object ID
- 201643069349100414
- 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
- Schedule B
- Depreciation Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Liquidation Explanation Stmt
- Legal Fees Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2016-11-01T13:59:46-05:00 | ReturnTs |
| Tax Period End | 2015-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Foundation Source | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | One Hollow Ln Ste 212 | AddressLine1Txt |
| City | Lake Success | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 11042 | 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 | 770607990 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Paul & Anne-Marie Queally Family | BusinessNameLine1Txt |
| Business Name Line2 | Foundation Inc | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % Foundation Source | InCareOfNm |
| Business Name Control | PAUL | BusinessNameControlTxt |
| Phone | 8008391754 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | Foundation Source 501 Silverside Rd | AddressLine1Txt |
| City | Wilmington | CityNm |
| State Abbreviation | DE | StateAbbreviationCd |
| ZIP | 198091377 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | PAUL B QUEALLY | PersonNm |
| Person Title | President | PersonTitleTxt |
| Phone | 8008391754 | PhoneNum |
| Signature | 2016-10-11 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Jeffrey D Haskell | PreparerPersonNm |
| PTIN | P01345770 | PTIN |
| Phone | 8008391754 | 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 | $11,716,553 | 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 | $10,997,160 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $154 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $154 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $6,959 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $6,959 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $273,392 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $3,371,049 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $3,209,642 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $108,810 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $108,810 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $11,386,475 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $3,325,565 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Legal Fees Rev And Expnss | $170 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $0 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $170 | LegalFeesDsbrsChrtblAmt |
| Other Prof Fees Rev And Expnss | $20,206 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Dsbrs Chrtbl | $20,206 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $40,472 | TaxesRevAndExpnssAmt |
| Other Expenses Rev And Expnss | $16,137 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $325 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $15,812 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $76,985 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $325 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $36,188 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $2,618,323 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $2,618,323 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $2,695,308 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $325 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $2,654,511 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $8,691,167 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $3,325,240 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $2,271,675 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $3,077,270 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $3,077,270 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $379,352 | CorporateStockBOYAmt |
| Corporate Stock EOY | $8,475,550 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $8,250,713 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $1,163,046 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $952,420 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $388,570 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $3,814,073 | TotalAssetsBOYAmt |
| Total Assets EOY | $12,505,240 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $11,716,553 | TotalAssetsEOYFMVAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Retained Earning BOY | $3,814,073 | RetainedEarningBOYAmt |
| Retained Earning EOY | $12,505,240 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $3,814,073 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $12,505,240 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $3,814,073 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $12,505,240 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $3,814,073 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $8,691,167 | ExcessRevenueOverExpensesAmt |
| Subtotal | $12,505,240 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $12,505,240 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)
| PropertyPropertyDesc | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt |
|---|---|---|---|---|---|---|---|
| Publicly-traded Securities | $3,348,758 | $111,840 | $3,236,918 | $3,236,918 | |||
| FSCLOI - FRASER SULLIVAN CLO I INVESTORS, LLC | -$27,276 | P | 2011-02-17 | 2015-10-30 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $3,209,642 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $2,191,721 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $4,165,650 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.526141 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $2,079,875 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $3,457,473 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.601559 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $1,388,238 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $2,151,740 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.64517 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $1,379,751 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $2,078,974 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.663669 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $1,269,571 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $1,182,341 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 1.073777 | DistributionYr5Rt |
| Total Distribution | 3.510316 | TotalDistributionRt |
| Average Distribution | 0.702063 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $3,682,248 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $2,585,170 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $33,252 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $2,618,422 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $2,654,511 | 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 | $33,252 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $33,252 | SubtotalAmt |
| Tax Based On Investment Income | $33,252 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $4,047 | EstimatedPlusOvpmtIncmTxAmt |
| Applied To Es Tax | $62,458 | AppliedToEsTaxAmt |
| Total Payments And Credits | $66,505 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Overpayment | $33,253 | OverpaymentAmt |
| Applied To ES Tax | $33,253 | 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 | Yes (true) | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | DE | 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 | Foundation Source | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8008391754 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 501 Silverside Road Suite 123 | AddressLine1Txt |
| City | Wilmington | CityNm |
| State Abbreviation | DE | StateAbbreviationCd |
| ZIP | 198091377 | 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 |
| 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 |
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 |
|---|---|---|---|---|---|---|---|---|
| Anne-Marie Queally | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | VP / Dir | 1.0 | $0 | $0 | $0 |
| Paul B Queally | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Pres / Dir / Sec | 1.0 | $0 | $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 | $1,762,759 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $1,568,489 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $407,075 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $3,738,323 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $3,738,323 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $56,075 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $3,682,248 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $184,112 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $184,112 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $33,252 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $33,252 | TotalTaxAmt |
| Distributable Before Adj | $150,860 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $150,860 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $150,860 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $2,654,511 | 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 | $2,654,511 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $33,252 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $2,621,259 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $150,860 | DistributableAsAdjustedAmt |
| Prior Year1 | 2013 | PriorYear1Yr |
| Prior Year2 | 2012 | PriorYear2Yr |
| Prior Year3 | 2011 | PriorYear3Yr |
| Excess Distribution Cyov Yr5 | $1,210,100 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $1,323,218 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $1,295,538 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $1,922,931 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $2,043,153 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $7,794,940 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $2,654,511 | QualifyingDistributionsAmt |
| Applied To Current Year | $150,860 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $2,503,651 | RemainingDistriFromCorpusAmt |
| Total Corpus | $10,298,591 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov From Yr5 | $1,210,100 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $9,088,491 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $1,323,218 | ExcessFromYear4Amt |
| Excess From Year3 | $1,295,538 | ExcessFromYear3Amt |
| Excess From Year2 | $1,922,931 | ExcessFromYear2Amt |
| Excess From Year1 | $2,043,153 | ExcessFromYear1Amt |
| Excess From Current Year | $2,503,651 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | Anne-Marie Queally | ContributingManagerNm |
| Contributing Manager | Paul B Queally | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (13 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| BOOMER ESIASON FOUNDATION | |||||||
| 200 B ARMSTRONG RD | GARDEN CITY PARK | NY | 11040 | N/A | PC | General & Unrestricted | $25,000 |
| BRIDGEPORT DIOCESAN SCHOOLS CORPORATION | |||||||
| 238 JEWETT AVE | BRIDGEPORT | CT | 06606 | N/A | PC | Queally Scholar Program | $300,000 |
| BRIDGEPORT ROMAN CATHOLIC DIOCESAN CORPORATION | |||||||
| 238 JEWETT AVE | BRIDGEPORT | CT | 06606 | N/A | PC | Annual Catholic Appeal Campaign | $200,000 |
| CARDINAL SHEHAN CENTER | |||||||
| 1494 MAIN ST | BRIDGEPORT | CT | 06604 | N/A | PC | summer educational program for 3rd and 4th graders | $33,697 |
| CATHOLIC ACADEMIES OF BRIDGEPORT | |||||||
| 238 JEWETT AVE | BRIDGEPORT | CT | 06606 | N/A | PC | General & Unrestricted | $12,940 |
| GOLF FORE AFRICA INC | |||||||
| 32531 N SCOTTSDALE RD STE 105 | SCOTTSDALE | AZ | 85266 | N/A | PC | General & Unrestricted | $3,900 |
| KING & LOW-HEYWOOD THOMAS SCHOOLS INC | |||||||
| 1450 NEWFIELD AVE | STAMFORD | CT | 06905 | N/A | PC | Annual Fund and Legacy Fund | $40,000 |
| THE MULTIPLE MYELOMA RESEARCH FOUNDATION INC | |||||||
| 383 MAIN AVE 5TH FL | NORWALK | CT | 06851 | N/A | PC | General & Unrestricted | $25,000 |
| TRUSTEES OF COLUMBIA UNIVERSITY | |||||||
| 33 W 60TH ST 7TH FL | NEW YORK | NY | 10023 | N/A | PC | Healthcare and Pharmaceutical Management Program | $9,000 |
| TRUSTEES OF COLUMBIA UNIVERSITY | |||||||
| 33 W 60TH ST 7TH FL | NEW YORK | NY | 10023 | N/A | PC | New building Campaign | $150,000 |
| UNITED STATES SKI TEAM FOUNDATION | |||||||
| 1 VICTORY LN BOX 100 | PARK CITY | UT | 84060 | N/A | PC | General & Unrestricted | $20,000 |
| UNIVERSITY OF RICHMOND | |||||||
| 201 MARYLAND HALL | RICHMOND | VA | 23173 | N/A | PC | Q Camp Program | $23,500 |
| UNIVERSITY OF RICHMOND | |||||||
| 201 MARYLAND HALL | RICHMOND | VA | 23173 | N/A | PC | The Queallly Center for Admissions and Career Services | $1,775,286 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $2,618,323 | 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 | $154 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $6,959 | 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 | $273,392 | 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 | K-1 Inc/Loss | Desc |
| Exclusion | 14 | ExclusionCd |
| Exclusion | $108,810 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $389,315 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $389,315 | 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 |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Contributor Person | Queally Paul B | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 67 Lone Tree Farm Rd | AddressLine1Txt |
| City | New Canaan | CityNm |
| State Abbreviation | CT | StateAbbreviationCd |
| ZIP | 06840 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $10,997,160 | TotalContributionsAmt |
| Noncash Contribution | Yes (X) | NoncashContributionInd |
Non Cash Property Contribution NonCashPropertyContributionGrp (2 entries)
| ContributorContributorNum | Noncash PropertyNoncashPropertyDesc | Fair Market ValueFairMarketValueAmt | ReceivedReceivedDt |
|---|---|---|---|
| 1 | PAYCOM SOFTWARE PAYC, 150000 sh. | $5,799,000 | 2015-12-15 |
| 1 | PAYCOM SOFTWARE PAYC, 132000 sh. | $5,198,160 | 2015-10-13 |
Depreciation Schedule DepreciationSchedule
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (6 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| ALPINE GLOBAL PREMIER PROP FD | $47,292 | $18,054 |
| GULF COAST ULTRA DEEP ROYALTY | $9,589 | $863 |
| MAILLINCKRODT PLC | $18,781 | $37,315 |
| MEDTRONIC PLC | $147,128 | $147,071 |
| MUELLER WATER PRODUCTS INC | $209,100 | $258,000 |
| PAYCOM SOFTWARE | $8,043,660 | $7,789,410 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | WILDCAT CLO I LLC | CategoryOrItemTxt |
| Book Value | $952,420 | BookValueAmt |
| EOYFMV | $388,570 | EOYFMVAmt |
Liquidation Explanation Stmt LiquidationExplanationStmt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | This statement is submitted to report the distribution of certain assets during the year. The distributions resulted in a substantial contraction of assets. The following information is submitted in accordance with Treasury Regulation Section 1.6043-3(a)(1) and the Form 990-PF instructions: During the taxable year ending December 31, 2015, the Foundation made distributions from assets from sources other than current income. Collectively, the distributions in excess of current income totaled $2,618,323. This amount represents over 25% of the Foundation's net assets of $3,915,920 (as measured by fair market value) at the beginning of the Foundation's taxable year ending December 31, 2015. Although the Foundation technically experienced a substantial contraction, it will continue in existence and has no plans for dissolution. The Foundation made distributions of cash to the grantees listed in the attachment to Part XV, Line 3a; each such grant was made solely for the charitable purpose specified therein. | ExplanationTxt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | General Consultations | CategoryTxt |
| Legal Fees | $170 | LegalFeesAmt |
| Disbursements Charitable Prps | $170 | DisbursementsCharitablePrpsAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (4 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| Administrative Fees | $15,787 | $15,787 | |
| K-1 Exp FRASER SULLIVAN CLO I | $137 | $137 | |
| K-1 Exp WILDCAT CLO I LLC | $188 | $188 | |
| State or Local Filing Fees | $25 | $25 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| K-1 Inc/Loss FRASER SULLIVAN CLO I INVESTORS, LLC | $5,645 | $5,645 |
| K-1 Inc/Loss WILDCAT CLO I LLC | $103,165 | $103,165 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|
| Administration of Foundation | $11,206 | $11,206 |
| Philanthropic Consulting Srvcs | $9,000 | $9,000 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt |
|---|---|
| 990-PF Estimated Tax for 2015 | $2,600 |
| 990-PF Extension for 2014 | $37,872 |