MUSHETT FAMILY FOUNDATION INC: Form 990PF, tax year 2015
View the entire original 990 at ProPublica ↗
- Organization
- MUSHETT FAMILY FOUNDATION INC (EIN 22-3614593)
- Tax period
- 2015-06-01 to 2016-05-31
- Filed
- 2016-07-13
- IRS object ID
- 201631959349100413
- Schema version
- 2015v2.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Accounting Fees Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Land Etc Schedule2
- Other Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2016-07-13T12:57:25-07:00 | ReturnTs |
| Tax Period End | 2016-05-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Caristia Kulsar & Wade LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 336 Sparta Ave | AddressLine1Txt |
| City | Sparta | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07871 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2015-06-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 223614593 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Mushett Family Foundation Inc | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | MUSH | BusinessNameControlTxt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1 Mill Ridge Lane Suite 202 | AddressLine1Txt |
| City | Chester | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07930 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Henry J Daaleman | PersonNm |
| Person Title | President | PersonTitleTxt |
| Signature | 2016-07-13 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Joseph T Reed CPA | PreparerPersonNm |
| PTIN | P00010069 | PTIN |
| Phone | 9737298968 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2015 | TaxYr |
| Build TS | 2016-09-27 15:27:22Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Change | Yes (X) | AddressChangeInd |
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $12,043,942 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $59,371 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $59,371 | InterestOnSavNetInvstIncmAmt |
| Interest On Savings Adj Net Incm | $59,371 | InterestOnSavingsAdjNetIncmAmt |
| Dividends Rev And Expnss | $210,834 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $210,834 | DividendsNetInvstIncmAmt |
| Dividends Adj Net Incm | $210,834 | DividendsAdjNetIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $1,081,971 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $3,864,361 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $1,081,971 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $9,124 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $9,124 | OtherIncomeNetInvstIncmAmt |
| Other Income Adj Net Incm | $9,124 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | $1,361,300 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $1,361,300 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $279,329 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $75,000 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $37,500 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $37,500 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $26,616 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $13,308 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $13,308 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $1,875 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $1,875 | AccountingFeesNetInvstIncmAmt |
| Other Prof Fees Rev And Expnss | $54,411 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $51,771 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $2,640 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $21,923 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $6,372 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $4,882 | TaxesDsbrsChrtblAmt |
| Occupancy Rev And Expnss | $24,072 | OccupancyRevAndExpnssAmt |
| Occupancy Net Invst Incm | $12,036 | OccupancyNetInvstIncmAmt |
| Occupancy Dsbrs Chrtbl | $12,036 | OccupancyDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $751 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $751 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $751 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $22,855 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $6,282 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $16,573 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $227,503 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $129,895 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $87,690 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $527,900 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $527,900 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $755,403 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $129,895 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $615,590 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $605,897 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $1,231,405 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $279,329 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $3,606,637 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $5,553,877 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $5,553,877 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $4,803,989 | CorporateStockBOYAmt |
| Corporate Stock EOY | $3,323,612 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $5,257,963 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $127,156 | CorporateBondsBOYAmt |
| Other Investments BOY | $960,238 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $1,225,000 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $1,225,542 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $2,913 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $2,913 | LandBldgEquipAccumDeprecAmt |
| Other Assets BOY | $6,560 | OtherAssetsBOYAmt |
| Other Assets EOY | $6,560 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $6,560 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $9,504,580 | TotalAssetsBOYAmt |
| Total Assets EOY | $10,109,049 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $12,043,942 | TotalAssetsEOYFMVAmt |
| Other Liabilities BOY | $1,428 | OtherLiabilitiesBOYAmt |
| Total Liabilities BOY | $1,428 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
| Unrestricted BOY | $9,503,152 | UnrestrictedBOYAmt |
| Unrestricted EOY | $10,109,049 | UnrestrictedEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $9,503,152 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $10,109,049 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $9,504,580 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $10,109,049 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $9,503,152 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $605,897 | ExcessRevenueOverExpensesAmt |
| Subtotal | $10,109,049 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $10,109,049 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (22 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| 3000 Du Pont E l De Nemours & Co | P | 2012-01-01 | 2015-07-10 | $174,768 | $146,376 | $28,392 | $28,392 |
| 600 The Chemours Company | P | 2012-01-01 | 2015-07-10 | $7,203 | $7,432 | -$229 | -$229 |
| 89118.384 Vanguard S/T Invest Gr-Inv | P | 2012-01-01 | 2015-09-16 | $945,546 | $960,238 | -$14,692 | -$14,692 |
| 2030 International Paper | P | 2012-01-01 | 2015-09-16 | $83,086 | $97,015 | -$13,929 | -$13,929 |
| 1333 Dominion Resources Inc | P | 2012-01-01 | 2015-09-16 | $91,416 | $68,630 | $22,786 | $22,786 |
| 750 NextEra Energy Inc | P | 2012-01-01 | 2015-09-16 | $72,484 | $41,030 | $31,454 | $31,454 |
| 1500 Southern Company | P | 2012-01-01 | 2015-09-16 | $64,214 | $61,490 | $2,724 | $2,724 |
| 1500 Vectren Corp | P | 2012-01-01 | 2015-09-16 | $59,324 | $36,848 | $22,476 | $22,476 |
| 5800 Alerian MLP ETF | P | 2012-01-01 | 2015-09-16 | $79,981 | $96,222 | -$16,241 | -$16,241 |
| 1700 Caterpillar, Inc. | P | 2012-01-01 | 2015-10-01 | $108,603 | $153,635 | -$45,032 | -$45,032 |
| 2000 V.F. Corp | P | 2012-01-01 | 2015-11-17 | $124,242 | $38,295 | $85,947 | $85,947 |
| 1800 Union Pac Corp | P | 2012-01-01 | 2015-11-17 | $153,638 | $66,224 | $87,414 | $87,414 |
| 0.099 Chubb Ltd | P | 2012-01-01 | 2016-01-27 | $11 | $11 | ||
| 3210 Chubb Corp | P | 2012-01-01 | 2016-01-19 | $416,623 | $181,196 | $235,427 | $235,427 |
| 3000 Abbott Laboratories | P | 2012-01-01 | 2016-02-23 | $115,316 | $66,174 | $49,142 | $49,142 |
| 2300 Abbvie Inc | P | 2012-01-01 | 2016-02-23 | $127,920 | $55,016 | $72,904 | $72,904 |
| 2250 Automatic Data Processing Inc | P | 2012-01-01 | 2016-02-23 | $191,131 | $76,381 | $114,750 | $114,750 |
| 820 Blackrock Inc | P | 2012-01-01 | 2016-02-23 | $253,280 | $139,679 | $113,601 | $113,601 |
| 2000 Danaher Corp | P | 2012-01-01 | 2016-02-23 | $173,587 | $72,518 | $101,069 | $101,069 |
| 5500 Sysco Corp | P | 2012-01-01 | 2016-02-23 | $235,645 | $140,229 | $95,416 | $95,416 |
| 4635 Waste Management | P | 2012-01-01 | 2016-02-23 | $261,343 | $150,595 | $110,748 | $110,748 |
| 125000 Merrill Lynch & Co | P | 2012-01-01 | 2016-05-16 | $125,000 | $127,156 | -$2,156 | -$2,156 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $1,081,971 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $572,773 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $12,434,053 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.04607 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $548,752 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $11,880,560 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.04619 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $521,692 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $10,969,632 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.04756 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $505,817 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $10,528,355 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.04804 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $498,499 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $10,300,723 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.04840 | DistributionYr5Rt |
| Total Distribution | 0.236250 | TotalDistributionRt |
| Average Distribution | 0.047250 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $11,989,865 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $566,521 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $12,314 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $578,835 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $615,590 | 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 | $12,314 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $12,314 | SubtotalAmt |
| Tax Based On Investment Income | $12,314 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $13,160 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $13,160 | TotalPaymentsAndCreditsAmt |
| Overpayment | $846 | OverpaymentAmt |
| Applied To ES Tax | $846 | 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 |
| Form990 T Filed | false | Form990TFiledInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| 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 |
| Website Address | N/A | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Organization | BusinessNameLine1Txt |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1 Mill Ridge Lane Suite 202 | AddressLine1Txt |
| City | Chester | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07930 | 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 | Yes (true) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Undistr Incm Sect4942a2 Not App | false | UndistrIncmSect4942a2NotAppInd |
| Business Holdings | false | BusinessHoldingsInd |
| Excess Business Holdings | false | ExcessBusinessHoldingsInd |
| 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 |
| Transactions Fail To Qlfy As Exc | false | TransactionsFailToQlfyAsExcInd |
| Maintained Expenditure Rspns | false | MaintainedExpenditureRspnsInd |
| 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 (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt |
|---|---|---|---|---|---|---|
| Henry J Daaleman | ||||||
| 1 Young Court | Chester | NJ | 07930 | President/Treas | 20.00 | $60,000 |
| Mark Daaleman | ||||||
| 836 Kimball Avenue | Westfield | NJ | 07090 | VP/Secretary | 5.00 | $15,000 |
| James Morgan MD | ||||||
| 653 Upper Mountain Avenue | Upper Montclair | NJ | 07043 | Trustee | 2.00 | $4,500 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $6,785,332 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $5,380,560 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $6,560 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $12,172,452 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Adjusted Total FMV Of Unused Ast | $12,172,452 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $182,587 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $11,989,865 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $599,493 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $599,493 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $12,314 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $12,314 | TotalTaxAmt |
| Distributable Before Adj | $587,179 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $587,179 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $587,179 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $615,590 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $615,590 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $12,314 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $603,276 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $587,179 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $524,498 | UndistributedIncomePYAmt |
| Qualifying Distributions | $615,590 | QualifyingDistributionsAmt |
| Applied To Year1 | $524,498 | AppliedToYear1Amt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $91,092 | AppliedToCurrentYearAmt |
| Undistributed Income CY | $496,087 | UndistributedIncomeCYAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (20 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| Memorial Sloan Kettering Cancer Cen | |||||||
| 633 3rd Avenue 28th Floor | New York | NY | 10017 | N/A | PC | General Operating | $150,000 |
| Catholic Relief Services | |||||||
| 228 West Lexington Street | Baltimore | MD | 21201 | N/A | PC | General Operating | $22,500 |
| Doctors Without Borders | |||||||
| 333 Seventh Avenue 2nd Floor | New York | NY | 10001 | N/A | PC | General Operating | $32,500 |
| International Action | |||||||
| 918 L Street NW | Washington | DC | 20003 | N/A | PC | General Operating | $10,000 |
| Partners in Health | |||||||
| 888 Commonwealth Avenue 3rd Floor | Boston | MA | 02215 | N/A | PC | General Operating | $20,000 |
| Family Promise | |||||||
| 71 Summit Avenue | Summit | NJ | 07901 | N/A | PC | General Operating | $20,000 |
| St Joseph's Haiti Parish Twinning | |||||||
| 376 Maple Place | Keyport | NJ | 07735 | N/A | PC | General Operating | $20,000 |
| Great Swamp Watershed Association | |||||||
| 568 Tempe Wick Road | Morristown | NJ | 07960 | N/A | PC | General Operating | $2,900 |
| Interfaith Food Pantry Inc | |||||||
| 2 Executive Drive | Morris Plains | NJ | 07950 | N/A | PC | General Operating | $20,000 |
| Jewish Family Services | |||||||
| 655 Westfield Avenue | Elizabeth | NJ | 07208 | N/A | PC | General Operating | $20,000 |
| Groundwork Elizabeth Inc | |||||||
| 205 First Street | Elizabeth | NJ | 07206 | N/A | PC | General Operating | $20,000 |
| The Streetlight Mission Inc | |||||||
| PO Box 843 | Elizabeth | NJ | 07207 | N/A | PC | General Operating | $20,000 |
| St Luke Foundation for Haiti | |||||||
| 58 Lynn Road | Ivoryton | CT | 06442 | N/A | PC | General Operating | $25,000 |
| Catholic Medical Mission Board | |||||||
| 10 West 17th Street | New York | NY | 10011 | N/A | PC | General Operating | $20,000 |
| NYNJ Baykeeper | |||||||
| 52 West Front Street | Keyport | NJ | 07735 | N/A | PC | General Operating | $5,000 |
| Elizabeth Coalition to House the Ho | |||||||
| 118 Division Street | Elizabeth | NJ | 07201 | N/A | PC | General Operating | $20,000 |
| Covenant House NJ Inc | |||||||
| 231 Court Street | Elizabeth | NJ | 07206 | N/A | PC | General Operating | $20,000 |
| The Lamp Foundation | |||||||
| PO Box 39703 | Philadelphia | PA | 19106 | N/A | PC | General Operating | $25,000 |
| Community Food Bank of NJ Inc | |||||||
| 31 Evans Terminal Road | Hillside | NJ | 07205 | N/A | PC | General Operating | $20,000 |
| St Joseph Social Service Center | |||||||
| 118 Division Street | Elizabeth | NJ | 07201 | N/A | PC | General Operating | $35,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $527,900 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $59,371 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $210,834 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $1,081,971 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp (2 entries)
| DescDesc | Related Or Exempt Function IncmRelatedOrExemptFunctionIncmAmt |
|---|---|
| Class Action Settlement | $1,680 |
| Expense Reimbursement PY | $7,444 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $1,352,176 | ExclusionAmt |
| Related Or Exempt Function Incm | $9,124 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $1,361,300 | TotalIncomeProducingActyAmt |
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp (2 entries)
| Line NumberLineNumberTxt | Relationship StatementRelationshipStatementTxt |
|---|---|
| 11a | Income is related to a class action suit for one of its investments |
| 11b | Reimbursement of prior years professional fees that were overcharged |
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 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amt | $1,875 | Amt |
| Net Investment Income | $1,875 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | Common Stock | StockNm |
| EOY Book Value | $3,323,612 | EOYBookValueAmt |
| EOYFMV | $5,257,963 | EOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | Mutual Funds | CategoryOrItemTxt |
| Listed At Cost Or FMV | AT COST | ListedAtCostOrFMVCd |
| Book Value | $1,225,000 | BookValueAmt |
| EOYFMV | $1,225,542 | EOYFMVAmt |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | Machinery and Equipment | CategoryOrItemTxt |
| Cost Or Other Basis | $2,913 | CostOrOtherBasisAmt |
| Accumulated Depreciation | $2,913 | AccumulatedDepreciationAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | SECURITY DEPOSIT | Desc |
| BOY Book Value | $6,560 | BOYBookValueAmt |
| EOY Book Value | $6,560 | EOYBookValueAmt |
| EOYFMV | $6,560 | EOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (8 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| bank charges | $50 | $50 | |
| due and memberships | $2,705 | $1,353 | $1,352 |
| INSURANCE | $1,372 | $686 | $686 |
| MEETING EXPENSES | $10,341 | $10,341 | |
| miscellaneous | $56 | $28 | $28 |
| OFFICE EXPENSES | $6,133 | $3,066 | $3,067 |
| postage | $1,146 | $573 | $573 |
| telephone | $1,052 | $526 | $526 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| Class Action Settlement | $1,680 | $1,680 | $1,680 |
| Expense Reimbursement PY | $7,444 | $7,444 | $7,444 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (4 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| consultants | $4,500 | $2,250 | $0 | $2,250 |
| invesment manangement fees | $29,026 | $29,026 | $0 | $0 |
| legal fees | $20,105 | $20,105 | $0 | $0 |
| payroll processing | $780 | $390 | $0 | $390 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| excise tax | $10,669 | ||
| foreign taxes withheld | $1,490 | $1,490 | |
| payroll taxes | $9,764 | $4,882 | $4,882 |
Comments