GRUNDY FOUNDATION: Form 990PF, tax year 2015
View the entire original 990 at ProPublica ↗
- Organization
- GRUNDY FOUNDATION (EIN 23-1609243)
- Tax period
- 2015-01-01 to 2015-12-31
- Filed
- 2016-11-14
- IRS object ID
- 201643199349101034
- 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
- Accounting Fees Schedule
- Cash Deemed Charitable Expln Stmt
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Investments Other Schedule2
- Legal Fees Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2016-11-14T13:19:11-06:00 | ReturnTs |
| Tax Period End | 2015-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 232896692 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BBD LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1835 MARKET STREET 26TH FLOOR | AddressLine1Txt |
| City | PHILADELPHIA | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 19103 | 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 | 231609243 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE GRUNDY FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | GRUN | BusinessNameControlTxt |
| Phone | 2157885460 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 680 RADCLIFFE STREET | AddressLine1Txt |
| City | BRISTOL | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 19007 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | EUGENE WILLIAMS | PersonNm |
| Person Title | EXECUTIVE DIRECTOR | PersonTitleTxt |
| Phone | 2157885460 | PhoneNum |
| Signature | 2016-11-14 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JENNIFER SOLOT | PreparerPersonNm |
| PTIN | P00749373 | PTIN |
| Phone | 2155677770 | 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 | $57,577,936 | 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 | $4,200 | ContriRcvdRevAndExpnssAmt |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Dividends Rev And Expnss | $908,261 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $908,261 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $1,319,761 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $24,488,575 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $1,319,761 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $20,654 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $0 | OtherIncomeNetInvstIncmAmt |
| Other Income Adj Net Incm | $20,654 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | $2,252,876 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $2,228,022 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $20,654 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $332,144 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $101,305 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Adj Net Incm | $0 | CompOfcrDirTrstAdjNetIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $230,839 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $852,779 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $0 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Adj Net Incm | $0 | OthEmplSlrsWgsAdjNetIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $852,779 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $302,680 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Net Invst Incm | $0 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Adj Net Incm | $0 | PensionEmplBnftAdjNetIncmAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $302,680 | PensionEmplBnftDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $2,825 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $0 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $2,825 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $9,028 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $9,028 | AccountingFeesChrtblPrpsAmt |
| Taxes Rev And Expnss | $124,547 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $0 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $0 | TaxesAdjNetIncmAmt |
| Taxes Dsbrs Chrtbl | $23,430 | TaxesDsbrsChrtblAmt |
| Occupancy Rev And Expnss | $202,560 | OccupancyRevAndExpnssAmt |
| Occupancy Net Invst Incm | $0 | OccupancyNetInvstIncmAmt |
| Occupancy Adj Net Incm | $0 | OccupancyAdjNetIncmAmt |
| Occupancy Dsbrs Chrtbl | $202,560 | OccupancyDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $6,442 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $0 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Adj Net Incm | $0 | TravConfMeetingAdjNetIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $6,442 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $422,638 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $197 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $0 | OtherExpensesAdjNetIncmAmt |
| Other Expenses Dsbrs Chrtbl | $422,441 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $2,255,643 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $101,502 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $2,053,024 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $159,118 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $159,118 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $2,414,761 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $101,502 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $2,212,142 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$161,885 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $2,126,520 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $20,654 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $157,237 | CashBOYAmt |
| Cash EOY | $48,134 | CashEOYAmt |
| Cash EOYFMV | $48,134 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $3,287,910 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $5,422,278 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $5,422,278 | SavAndTempCashInvstEOYFMVAmt |
| US Government Obligations BOY | $4,540,029 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $5,269,205 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $5,281,173 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $28,515,745 | CorporateStockBOYAmt |
| Corporate Stock EOY | $25,468,281 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $27,661,102 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $2,350,165 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $1,266,970 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $1,261,513 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $57,682 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $1,272,015 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $1,278,770 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $3,770,316 | LandBldgEquipCostOrOtherBssAmt |
| Land BOY | $3,770,316 | LandBOYAmt |
| Land EOY | $3,770,316 | LandEOYAmt |
| Land EOYFMV | $16,624,966 | LandEOYFMVAmt |
| Total Assets BOY | $42,679,084 | TotalAssetsBOYAmt |
| Total Assets EOY | $42,517,199 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $57,577,936 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
| Unrestricted BOY | $42,608,221 | UnrestrictedBOYAmt |
| Unrestricted EOY | $42,445,895 | UnrestrictedEOYAmt |
| Temporarily Restricted BOY | $70,863 | TemporarilyRestrictedBOYAmt |
| Temporarily Restricted EOY | $71,304 | TemporarilyRestrictedEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $42,679,084 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $42,517,199 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $42,679,084 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $42,517,199 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $42,679,084 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$161,885 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $42,517,199 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $42,517,199 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|
| SALE OF PUBLICLY TRADED SECURITIES - SHORT TERM | P | 2015-12-31 | $10,461,577 | $10,890,156 | -$428,579 | -$428,579 |
| SALE OF PUBLICLY TRADED SECURITIES - LONG TERM | P | 2015-12-31 | $14,026,998 | $12,278,658 | $1,748,340 | $1,748,340 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $1,319,761 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | 0 | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $2,352,715 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $42,423,999 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.055457 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $2,237,174 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $39,757,619 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.056270 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $2,383,534 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $37,936,134 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.062830 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $2,207,655 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $35,547,484 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.062104 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $2,216,299 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $35,531,674 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.062375 | DistributionYr5Rt |
| Total Distribution | 0.299036 | TotalDistributionRt |
| Average Distribution | 0.059807 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $40,833,557 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $2,442,133 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $21,265 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $2,463,398 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $2,212,142 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $42,530 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $42,530 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $42,530 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $70,920 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $70,920 | TotalPaymentsAndCreditsAmt |
| Overpayment | $28,390 | OverpaymentAmt |
| Applied To ES Tax | $28,390 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | PA | 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 | WWW.GRUNDYFOUNDATION.COM | WebsiteAddressTxt |
| Individual With Books | EXECUTIVE DIRECTOR | IndividualWithBooksNm |
| Phone | 2157885460 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | C/O THE ORGANIZATIONS ADDRESS | AddressLine1Txt |
| City | BRISTOL | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 19007 | 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 (6 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 |
|---|---|---|---|---|---|---|---|---|
| FREDERICK JM LAVALLEY ESQ | ||||||||
| C/O THE GRUNDY FOUNDATIONS ADDRESS | BRISTOL | PA | 19007 | TRUSTEE | 0.50 | $17,268 | $0 | $0 |
| THOMAS F PRAISS EA CFP AEP | ||||||||
| C/O THE GRUNDY FOUNDATIONS ADDRESS | BRISTOL | NJ | 19007 | TRUSTEE | 0.50 | $17,268 | $0 | $0 |
| LEONARD N SNYDER | ||||||||
| C/O THE GRUNDY FOUNDATIONS ADDRESS | BRISTOL | PA | 19007 | TRUSTEE | 0.50 | $17,268 | $0 | $0 |
| BONNIE J O'BOYLE | ||||||||
| C/O THE GRUNDY FOUNDATIONS ADDRESS | BRISTOL | PA | 19007 | TRUSTEE | 0.50 | $17,268 | $0 | $0 |
| PHILA TRUST CO CO DEAN A WALTERS | ||||||||
| C/O THE GRUNDY FOUNDATIONS ADDRESS | BRISTOL | PA | 19007 | TRUSTEE | 0.50 | $101,305 | $0 | $0 |
| EUGENE WILLIAMS ESQ | ||||||||
| C/O THE GRUNDY FOUNDATIONS ADDRESS | BRISTOL | PA | 19007 | EXECUTIVE DIRECTOR | 40.00 | $130,979 | $33,815 | $0 |
Compensation Highest Paid Empl CompensationHighestPaidEmplGrp (4 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee BenefitsEmployeeBenefitsAmt | Expense AccountExpenseAccountAmt |
|---|---|---|---|---|---|---|---|---|
| DANA BARBER | ||||||||
| C/O THE ORGANIZATIONS ADDRESS | BRISTOL | PA | 19007 | LIBRARY ADMINISTRATO | 40.00 | $74,636 | $20,294 | $0 |
| STEVEN VITARELLI | ||||||||
| C/O THE ORGANIZATIONS ADDRESS | BRISTOL | PA | 19007 | TECHNOLOGY ADMINISTR | 40.00 | $59,491 | $22,248 | $0 |
| SHIRLEY HICKEY | ||||||||
| C/O THE ORGANIZATIONS ADDRESS | BRISTOL | PA | 19007 | YOUTH SERVICES COORD | 40.00 | $54,263 | $25,392 | $0 |
| JANE FRAZER | ||||||||
| C/O THE ORGANIZATIONS ADDRESS | BRISTOL | PA | 19007 | SUPPORT STAFF SERVIC | 40.00 | $58,924 | $9,469 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | MAINTENANCE OF LIBRARY AND MUSEUM | Description1Txt |
| Expenses1 | $1,359,966 | Expenses1Amt |
| Description2 | GRANTMAKING | Description2Txt |
| Expenses2 | $159,118 | Expenses2Amt |
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 | $43,058,298 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $60,757 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $43,119,055 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $43,119,055 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $2,285,498 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $40,833,557 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $2,041,678 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $2,041,678 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $42,530 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $42,530 | TotalTaxAmt |
| Distributable Before Adj | $1,999,148 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $1,999,148 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $1,999,148 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $2,212,142 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $2,212,142 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $2,212,142 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $1,999,148 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $477,247 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $475,519 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $534,013 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $290,861 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $302,415 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $2,080,055 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $2,212,142 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $1,999,148 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $212,994 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $2,293,049 | 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 | $477,247 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $1,815,802 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $475,519 | ExcessFromYear4Amt |
| Excess From Year3 | $534,013 | ExcessFromYear3Amt |
| Excess From Year2 | $290,861 | ExcessFromYear2Amt |
| Excess From Year1 | $302,415 | ExcessFromYear1Amt |
| Excess From Current Year | $212,994 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | EUGENE WILLIAMS ESQ EXECUTIVE DIREC | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 680 RADCLIFFE STREET | AddressLine1Txt |
| City | BRISTOL | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 19007 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 2157885460 | RecipientPhoneNum |
| Recipient Email Address | THE GRUNDY FOUNDATION | RecipientEmailAddressTxt |
| Form And Info And Materials | THOSE APPLYING FOR A GRANT FROM THE FOUNDATION SHOULD USE THE DELAWARE VALLEY GRANTMAKER COMMON GRANT APPLICATION FORM, WHICH CAN BE DOWNLOADED FROM THEIR WEBSITE AT HTTP://WWW.DVG.ORG/?PAGE=CGA. COMPLETED FORMS CAN BE MAILED, FAXED OR SENT ELECTRONICALLY. | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | NONE | SubmissionDeadlinesTxt |
| Restrictions On Awards | GRANT GUIDELINES - CAN BE VIEWED FROM THE FOUNDATION'S WEBSITE AT HTTP://WWW.GRUNDYFOUNDATION.COM/NODE/9 | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (11 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| ATHN | ||||||
| PO BOX 184 | FAIRLESS HILLS | PA | 19030 | 509(A)(1) | TO SUPPORT TRANSPORTATION PROGRAM | $5,000 |
| BRISTOL BOROUGH SCHOOL DISTRICT | ||||||
| 1776 FARRAGUT AVENUE | BRISTOL | PA | 19007 | 509(A)(1) | TO FUND THE DRAMA CLUB AND LNS SCHOLARSHIP. | $11,000 |
| BRISTOL FIRE COMPANY STATION 51 | ||||||
| 198 WOOD STREET | BRISTOL | PA | 19007 | 509(A)(1) | TO SUPPORT QUICK RESPONSE SERVICE | $1,000 |
| BRISTOL RIVERSIDE THEATRE INC | ||||||
| PO BOX 1250 | BRISTOL | PA | 19007 | 509(A)(1) | TO FUND THE 2015 MAIN STAGE SEASON, THE WALKER FUND, AND THE "EVENING ON THE DELAWARE" | $97,000 |
| BSA WASHINGTON CROSSING COUNCIL | ||||||
| ONE SCOUT WAY | DOYLESTOWN | PA | 18901 | 509(A)(1) | TO REPLACE WINDOWS AT CAMP OCKANICKON | $4,618 |
| BUCKS COUNTY COMMUNITY COLLEGE | ||||||
| 1304 VETERANS HIGHWAY | BRISTOL | PA | 19007 | 509(A)(1) | TO SUPPORT THE ART STUDIO | $7,500 |
| BUCKS COUNTY RESCUE SQUAD | ||||||
| PO BOX 211 | BRISTOL | PA | 19007 | 509(A)(1) | TO SUPPORT THE ANNUAL CAMPAIGN 2015. | $5,000 |
| HISTORIC FALLSINGTON | ||||||
| 4 YARDLEY AVENUE | FALLSINGTON | PA | 19054 | 509(A)(1) | TO SUPPORT RENOVATIONS TO GILLINGHAM GENERAL STORE | $3,500 |
| NOVA | ||||||
| 2370 YORK ROAD SUITE B1 | JAMISON | PA | 18929 | 509(A)(1) | TO PURCHASE SECURITY CAMERAS | $2,500 |
| PENNSBURY SOCIETY | ||||||
| 500 PENNSBURY MEMORIAL ROAD | MORRISVILLE | PA | 19067 | 509(A)(1) | TO PURCHASE DIPPING CISTERN | $2,000 |
| UNITED WAY OF BUCKS COUNTY | ||||||
| 413 HOOD BOULEVARD | FAIRLESS HILLS | PA | 19030 | 509(A)(1) | TO SUPPORT THE ANNUAL CAMPAIGN 2015. | $20,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $159,118 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Program Service Rev Part VII ProgramServiceRevPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | LIBRARY & MUSEUM | Desc |
| Related Or Exempt Function Incm | $20,654 | RelatedOrExemptFunctionIncmAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $908,261 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $1,319,761 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $2,228,022 | ExclusionAmt |
| Related Or Exempt Function Incm | $20,654 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $2,248,676 | TotalIncomeProducingActyAmt |
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Line Number | 1A | LineNumberTxt |
| Relationship Statement | MISCELLANEOUS INCOME FROM THE MARGARET R. GRUNDY MEMORIAL LIBRARY WHICH EXISTS FOR CHARITABLE, SCIENTIFIC, LITERARY, EDUCATIONAL AND PUBLIC WORKS PROJECTS. | RelationshipStatementTxt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING AND AUDITING | CategoryTxt |
| Amt | $9,028 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $9,028 | DisbursementsCharitablePrpsAmt |
Cash Deemed Charitable Expln Stmt CashDeemedCharitableExplnStmt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Short Explanation | IN ACCORDANCE WITH REG. 53.4942(A)-2(C)(3)(IV), THE ABOVE REFERENCED FOUNDATION IS EXCLUDING FROM ITS MINIMUM INVESTMENT RETURN (MIR) CALCULATION A TOTAL OF $2,291,542 IN CASH THAT IT DEEMS HELD FOR CHARITABLE ACTIVITIES. THIS AMOUNT IS IN EXCESS OF 1.5% OF THE FAIR MARKET VALUE OF THE FOUNDATION'S NOCHARITABLE-USE ASSETS. THE FOLLOWING INFORMATION IS SUBMITTED IN SUPPORT OF THE EXCLUSION FROM MIR OF THIS AMOUNT.1. FAIR MARKET VALUE OF FOUNDATION'S NONCHARITABLE-USE ASSETS: $43,119,0552. 1.5% OF LINE 1: $646,7863. FACTS AND CIRCUMSTANCES JUSTIFYING THE EXCLUSION OF AN AMOUNT IN EXCESS OF THE AMOUNT IN LINE 2: FOR THE PAST THREE YEARS THE FOUNDATION HAS INCURRED EXPENDITURES FOR CHARITABLE PURPOSES OF $2,407,177 (2012); $2,237,174 (2013) AND $2,212,142 (2014) FOR AN AVERAGE OF $2,285,498 IN ORDER TO CONDUCT ITS CHARITABLE ACTIVITIES. | ShortExplanationTxt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | VARIOUS CORPORATE BONDS (PUBLICLY TRADED) | BondNm |
| EOY Book Value | $1,266,970 | EOYBookValueAmt |
| EOYFMV | $1,261,513 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | VARIOUS CORPORATE STOCK (PUBLICLY TRADED) | StockNm |
| EOY Book Value | $25,468,281 | EOYBookValueAmt |
| EOYFMV | $27,661,102 | EOYFMVAmt |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $5,269,205 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $5,281,173 | USGovtObligationsEOYFMVAmt |
| State Local Sec Book Vl EOY | $0 | StateLocalSecBookVlEOYAmt |
| State Local Sec EOYFMV | $0 | StateLocalSecEOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | VARIOUS MUTUAL FUNDS (PUBLICLY TRADED) | CategoryOrItemTxt |
| Listed At Cost Or FMV | FMV | ListedAtCostOrFMVCd |
| Book Value | $1,272,015 | BookValueAmt |
| EOYFMV | $1,278,770 | EOYFMVAmt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | OTHER | CategoryTxt |
| Legal Fees | $2,825 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $2,825 | DisbursementsCharitablePrpsAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (12 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| ADMINISTRATIVE | $2,409 | $0 | $0 | $2,409 |
| CAPITAL EXPENDITURES | $59,637 | $0 | $0 | $59,637 |
| COMMUNITY OUTREACH | $3,054 | $0 | $0 | $3,054 |
| DUES AND MEMBERSHIPS | $6,356 | $0 | $0 | $6,356 |
| INFORMATION TECHNOLOGY | $34,081 | $0 | $0 | $34,081 |
| MATERIAL PROCESSING | $1,418 | $0 | $0 | $1,418 |
| OPERATING SERVICES | $13,041 | $0 | $0 | $13,041 |
| PROGRAM EXPENSES | $13,614 | $0 | $0 | $13,614 |
| PROJECT EXPENSES | $73,932 | $0 | $0 | $73,932 |
| SUPPLIES | $108,152 | $0 | $0 | $108,152 |
| INSURANCE | $106,747 | $0 | $0 | $106,747 |
| TRUSTEE | $197 | $197 | $0 | $0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | LIBRARY & MUSEUM | Desc |
| Revenue And Expenses Per Books | $20,654 | RevenueAndExpensesPerBooksAmt |
| Adjusted Net Income | $20,654 | AdjustedNetIncomeAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| EXCISE TAX | $101,117 | $0 | $0 | $0 |
| REAL ESTATE TAXES | $23,430 | $0 | $0 | $23,430 |
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