ROBERT J NOLAN FOUNDATION INC: Form 990PF, tax year 2015

View the entire original 990 at ProPublica ↗

Organization
ROBERT J NOLAN FOUNDATION INC (EIN 22-2826285)
Tax period
2015-10-01 to 2016-09-30
Filed
2016-12-01
IRS object ID
201643369349100674
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 ReturnHeader

FieldValueIRS element (for citing)
Return2016-12-01T16:30:42-05:00ReturnTs
Tax Period End2016-09-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN141515307PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1SNOW EICHER FARRAR LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line116 PINE STAddressLine1Txt
CityGLENS FALLSCityNm
State AbbreviationNYStateAbbreviationCd
ZIP128013444ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2015-10-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN222826285EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1ROBERT J NOLAN FOUNDATION INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlROBEBusinessNameControlTxt
Phone5187924900PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line182 GLENWOOD AVENUEAddressLine1Txt
CityQUEENSBURYCityNm
State AbbreviationNYStateAbbreviationCd
ZIP12804ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMICHAEL BORGOSPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone5187924900PhoneNum
Signature2016-11-08SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonBRIAN S FLINT CPAPreparerPersonNm
PTINP01070105PTIN
Phone5187937783PhoneNum
Preparation2016-12-01PreparationDt
FieldValueIRS element (for citing)
Tax2015TaxYr
Build TS2017-02-10 21:41:12ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$923,782FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss$506InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$506InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm$506InterestOnSavingsAdjNetIncmAmt
Dividends Rev And Expnss$25,827DividendsRevAndExpnssAmt
Dividends Net Invst Incm$25,827DividendsNetInvstIncmAmt
Dividends Adj Net Incm$25,827DividendsAdjNetIncmAmt
Net Gain Sale Ast Rev And Expnss-$4,069NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$75,450GrossSalesPriceAmt
Total Rev And Expnss$22,264TotalRevAndExpnssAmt
Total Net Invst Incm$26,333TotalNetInvstIncmAmt
Total Adj Net Incm$26,333TotalAdjNetIncmAmt
Oth Empl Slrs Wgs Rev And Expnss$3,500OthEmplSlrsWgsRevAndExpnssAmt
Oth Empl Slrs Wgs Dsbrs Chrtbl$3,500OthEmplSlrsWgsDsbrsChrtblAmt
Accounting Fees Rev And Expnss$1,184AccountingFeesRevAndExpnssAmt
Accounting Fees Chrtbl Prps$1,184AccountingFeesChrtblPrpsAmt
Taxes Rev And Expnss$4,277TaxesRevAndExpnssAmt
Taxes Dsbrs Chrtbl$344TaxesDsbrsChrtblAmt
Other Expenses Rev And Expnss$8,018OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$6,334OtherExpensesNetInvstIncmAmt
Other Expenses Dsbrs Chrtbl$928OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$16,979TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$6,334TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$5,956TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$47,500ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$47,500ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$64,479TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$6,334TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$53,456TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$42,215ExcessRevenueOverExpensesAmt
Net Investment Income$19,999NetInvestmentIncomeAmt
Adjusted Net Income$26,333AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$345CashBOYAmt
Cash EOY$315CashEOYAmt
Cash EOYFMV$315CashEOYFMVAmt
Sav And Temp Cash Invst BOY$12,220SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$18,427SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$18,427SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY$556,875CorporateStockBOYAmt
Corporate Stock EOY$504,174CorporateStockEOYAmt
Corporate Stock EOYFMV$661,015CorporateStockEOYFMVAmt
Corporate Bonds BOY$239,681CorporateBondsBOYAmt
Corporate Bonds EOY$243,950CorporateBondsEOYAmt
Corporate Bonds EOYFMV$244,025CorporateBondsEOYFMVAmt
Total Assets BOY$809,121TotalAssetsBOYAmt
Total Assets EOY$766,866TotalAssetsEOYAmt
Total Assets EOYFMV$923,782TotalAssetsEOYFMVAmt
Other Liabilities BOY$80OtherLiabilitiesBOYAmt
Other Liabilities EOY$40OtherLiabilitiesEOYAmt
Total Liabilities BOY$80TotalLiabilitiesBOYAmt
Total Liabilities EOY$40TotalLiabilitiesEOYAmt
Org Does Not Follow SFAS117Yes (X)OrgDoesNotFollowSFAS117Ind
Retained Earning BOY$809,041RetainedEarningBOYAmt
Retained Earning EOY$766,826RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$809,041TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$766,826TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$809,121TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$766,866TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$809,041TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$42,215ExcessRevenueOverExpensesAmt
Subtotal$766,826SubtotalAmt
Tot Net Ast Or Fund Balances EOY$766,826TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (8 entries)

PropertyPropertyDescHow AcquiredHowAcquiredCdSoldSoldDtGross Sales PriceGrossSalesPriceAmtCost Or Other BasisCostOrOtherBasisAmtGain Or LossGainOrLossAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
11.25SHS PJT PARTNERS, INC.P2015-11-09$245$265-$20-$20
1021.45SHS PIMCO LOW DURATIONP2016-02-19$10,000$10,552-$552-$552
1416.43SHS VANGUARD SHORT TERM INVESP2016-01-27$15,000$15,180-$180-$180
.8022SHS CALIFORNIA RESOURCES CORPP2016-06-07$3$3
1SHS CALIFORNAI RESOUCESP2016-07-08$12$14-$2-$2
.9796SHS DELL TECHNOLOGIESP2016-09-21$48$46$2$2
1120.147SHS DODGE & COX INTL STOCK FP2016-08-10$42,196$50,000-$7,804-$7,804
260SHS EMC CORPP2016-09-20$7,621$3,459$4,162$4,162
FieldValueIRS element (for citing)
Capital Gain Net Income-$4,069CapitalGainNetIncomeAmt
Net Short Term Capital Gain Loss-$20NetShortTermCapitalGainLossAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$35,226AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$936,834NetVlNoncharitableAssetsYr1Amt
Distribution Yr10.037601DistributionYr1Rt
Adjusted Qlfy Distri Yr2$48,198AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$941,860NetVlNoncharitableAssetsYr2Amt
Distribution Yr20.051173DistributionYr2Rt
Adjusted Qlfy Distri Yr3$44,068AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$853,700NetVlNoncharitableAssetsYr3Amt
Distribution Yr30.051620DistributionYr3Rt
Adjusted Qlfy Distri Yr4$48,065AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4$807,183NetVlNoncharitableAssetsYr4Amt
Distribution Yr40.059547DistributionYr4Rt
Adjusted Qlfy Distri Yr5$57,702AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5$813,396NetVlNoncharitableAssetsYr5Amt
Distribution Yr50.070940DistributionYr5Rt
Total Distribution0.270881TotalDistributionRt
Average Distribution0.054176AverageDistributionRt
Net Vl Noncharitable Assets$898,982NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$48,703AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct$200NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$48,903AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$53,456QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Domestic Org Meeting Sect4940eYes (X)DomesticOrgMeetingSect4940eInd
Investment Income Excise Tax$200InvestmentIncomeExciseTaxAmt
Subtotal$200SubtotalAmt
Tax Based On Investment Income$200TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$2,670EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits$2,670TotalPaymentsAndCreditsAmt
Overpayment$2,470OverpaymentAmt
Applied To ES Tax$200AppliedToESTaxAmt
Refund$2,270RefundAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateNYOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressRJNOLANFOUNDATION.ORGWebsiteAddressTxt
Individual With BooksMICHAEL BORGOSIndividualWithBooksNm
Phone5187924900PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line182 GLENWOOD AVENUEAddressLine1Txt
CityQUEENSBURYCityNm
State AbbreviationNYStateAbbreviationCd
ZIP12804ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Undistributed Income PYfalseUndistributedIncomePYInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (7 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
MICHAEL BORGOS
82 GLENWOOD AVEQUEENSBURYNY12804PRESIDENT2.00$0$0$0
KEVIN MAHONEY
15 COOPER STREETGLENS FALLSNY12801SECRETARY2.00$0$0$0
DAVE MORNHINWEG
1011 OAKLAKE TRAILWATKINSVILLEGA30677VICE PRESIDE2.00$0$0$0
SUZANNE NOLAN
1016 OLIVIA PARKWAYHENDERSONNV89011DIRECTOR2.00$0$0$0
JOHN C MANNIX JR
198 CHURCH STREETSARATOGA SPRINGSNY12866TREASURER2.00$0$0$0
RICHARD MEATH
2 APPLE LANEQUEENSBURYNY12804DIRECTOR2.00$0$0$0
LISA BUSHMAN
82 GLENWOOD AVENUEQUEENSBURYNY12804ADMINIST. SE2.00$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Description1N/ADescription1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$898,916AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$13,756AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$912,672TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$912,672AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$13,690CashDeemedCharitableAmt
Net Vl Noncharitable Assets$898,982NetVlNoncharitableAssetsAmt
Minimum Investment Return$44,949MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$44,949MinimumInvestmentReturnAmt
Tax Based On Investment Income$200TaxBasedOnInvestmentIncomeAmt
Total Tax$200TotalTaxAmt
Distributable Before Adj$44,749DistributableBeforeAdjAmt
Distributable Before Ded$44,749DistributableBeforeDedAmt
Distributable As Adjusted$44,749DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$53,456ExpensesAndContributionsAmt
Qualifying Distributions$53,456QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm$200PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri$53,256AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$44,749DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$1,509ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$8,216ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$2,025ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$2,480ExcessDistributionCyovYr2Amt
Total Excess Distribution Cyov$14,230TotalExcessDistributionCyovAmt
Qualifying Distributions$53,456QualifyingDistributionsAmt
Applied To Current Year$44,749AppliedToCurrentYearAmt
Remaining Distri From Corpus$8,707RemainingDistriFromCorpusAmt
Total Corpus$22,937TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$1,509ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$21,428ExcessDistriCyovToNextYrAmt
Excess From Year4$8,216ExcessFromYear4Amt
Excess From Year3$2,025ExcessFromYear3Amt
Excess From Year2$2,480ExcessFromYear2Amt
Excess From Current Year$8,707ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

Application Submission Info ApplicationSubmissionInfoGrp

FieldValueIRS element (for citing)
Recipient PersonTHE ROBERT J NOLAN FOUNDATION INCRecipientPersonNm

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line1MICHAEL BORGOS 82 GLENWOOD AVENUEAddressLine1Txt
CityQUEENSBURYCityNm
State AbbreviationNYStateAbbreviationCd
ZIP12804ZIPCd
FieldValueIRS element (for citing)
Recipient Phone5187924900RecipientPhoneNum
Form And Info And MaterialsEACH STUDENT WILL SUBMIT AN APPLICATION FOR CONSIDERATION. THE APPLICATION REQUESTS INFORMATION ON THE FOLLOWING AREAS: 1.EDUCATIONAL ACHIEVEMENT; 2. PARTICIPATION IN HIGH SCHOOL VARSITY ATHLETIC TEAMS; 3. EXTRACURRICULAR SCHOOL-RELATED ACTIVITIES; 4. CIVIC ACTIVITIES; 5. RELIGIOUS ORGANIZATION PARTICIPATION AND 6. FINANCIAL NEED. THE DIRECTORS WOULD USE THE INFORMATION FROM THE APPLICATION TO SELECT RECIPIENTS.FormAndInfoAndMaterialsTxt
Submission DeadlinesALL APPLICATIONS ARE DUE BY MAY 15, 2016. THE FOUNDATION WILL PUBLICIZE THE EXISTENCE OF THE SCHOLARSubmissionDeadlinesTxt
Restrictions On AwardsTHE ROBERT J NOLAN FOUNDATION, INC. WILL AWARD SCHOLARSHIPS TO INDIVIDUALS ATTENDING SECONDARY SCHOOLS WHO ARE FROM THE GREATER GLENS FALLS AREA. SCHOLARSHIPS ARE AWARDED TO THE WELL-BALANCED STUDENT WITH A SPECIAL EMPHASIS ON PARTICIPATION IN VARSITY ATHLETIC TEAMS AND THE EXPRESSED INTENTION OF PARTICIPATION IN ORGANIZED ATHLETIC TEAMS AND ENDEAVORS AT THE UNDERGRADUATE AND/OR GRADUATE LEVEL.RestrictionsOnAwardsTxt

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (10 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
AILLEN DALEY
1 CRESTWOOD DRIVEQUEENSBURYNY12804NONESCHOLARSHIP$2,500
MEGHAN HENDRICKS
1258 BURGOYNE AVENUEHUDSON FALLSNY12839NONESCHOLARSHIP$5,000
ETHAN WINCOWSKI
3562 LAKE SHORE DRAPT6LAKE GEORGENY12845NONESCHOLARSHIP$7,500
ZACHARY PREUSS
42 SUNSET TRAILLAKE GEORGENY12845NONESCHOLARSHIP$2,500
KRYSTYNA FARRELL
13 FRANKLIN STREETGLENS FALLSNY12801NONESCHOLARSHIP$10,000
SARA BILLINGS
118 STORMY LANEGANSEVOORTNY12831NONESCHOLARSHIP$5,000
PETER GRYGA
21 D HILAND SPRINGS WAYQUEENSBURYNY12804NONESCHOLARSHIP$5,000
JESSE DEMARSH
14 ADIRONDACK ROADHADLEYNY12835NONESCHOLARSHIP$5,000
HAYLEY BREEYEAR
45 SEMINARY STREETFORT EDWARDNY12828NONESCHOLARSHIP$2,500
HANNAH MAGER
34 COLLETTE LANEHUDSON FALLSNY12839NONESCHOLARSHIP$2,500
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$47,500TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$506RelatedOrExemptFunctionIncmAmt

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$25,827RelatedOrExemptFunctionIncmAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm-$4,069RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$22,264RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$22,264TotalIncomeProducingActyAmt

Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp

Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp (3 entries)

Line NumberLineNumberTxtRelationship StatementRelationshipStatementTxt
3THE ROBERT J. NOLAN FOUNDATION, INC. WAS FORMED ON
4DECEMBER 18, 1986 FOR THE PURPOSE OF DISBURSING
8EDUCATIONAL ASSISTANCE TO GRADUATE AND UNDERGRADUATE STUDENTS FROM THE GREATER GLENS FALLS AREA. THE RECIPIENTS MUST BE QUALIFIED IN THE FOLLOWING AREAS: EDUCATIONAL ACHIEVEMENT; PARTICIPATION IN HIGH SCHOOL VARSITY TEAMS; EXTRA-CURRICULAR SCHOOL-RELATED ACTIVITIES; RELIGIOUS ORGANIZATION PARTICIPATION AND FINANCIAL NEED. ROBERT J. NOLAN MADE A GIFT OF STOCK IN A NEW YORK CORPORATION, COLONIAL CABLEVISION, INC., WHICH STOCK WAS VALUED AT AND WAS SOLD FOR 1,000,000.00. NO OTHER FINANCIAL SUPPORT FOR THE FOUNDATION EXISTS.

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryFEES PAID FOR PREPARATION OF 990CategoryTxt
Amt$1,184Amt
Disbursements Charitable Prps$1,184DisbursementsCharitablePrpsAmt

Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule

Investments Corporate Bonds InvestmentsCorporateBondsGrp

FieldValueIRS element (for citing)
EOY Book Value$243,950EOYBookValueAmt
EOYFMV$244,025EOYFMVAmt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (2 entries)

EOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
$389,360$548,873
$114,814$112,142

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (5 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
EXPENSES
BANK INVESTMENT FEES$6,334$6,334
FILING FEES$100$100
INSURANCE$828$828
OFFICE EXPENSE$756

Other Liabilities Schedule OtherLiabilitiesSchedule

Other Liabilities Detail OtherLiabilitiesDetail

FieldValueIRS element (for citing)
DescPAYROLL LIABILITIESDesc
BOY Book Value$80BOYBookValueAmt
EOY Book Value$40EOYBookValueAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

CategoryCategoryTxtAmtAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
FORM 990-PF$3,933
PAYROLL TAXES$344$344

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