BETA

J2 FAMILY FOUNDATION: Form 990PF, tax year 2015

View the entire original 990 at ProPublica ↗

Organization
J2 FAMILY FOUNDATION (EIN 46-3595823)
Tax period
2015-01-01 to 2015-12-31
Filed
2016-05-25
IRS object ID
201641469349100704
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)
Return2016-05-25T09:27:08-05:00ReturnTs
Tax Period End2015-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN363077757PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1GRAY HUNTER STENN LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1500 MAINE STAddressLine1Txt
CityQUINCYCityNm
State AbbreviationILStateAbbreviationCd
ZIP62301ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2015-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN463595823EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1J2 FAMILY FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlJ2FABusinessNameControlTxt
Phone2177734411PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line13301 CAMBRIDGE ESTATESAddressLine1Txt
CityQUINCYCityNm
State AbbreviationILStateAbbreviationCd
ZIP62301ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJOSEPH P TRACYPersonNm
Person TitlePRESIDENTPersonTitleTxt
Signature2016-04-30SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonLOWELL A YATES CPAPreparerPersonNm
PTINP00320878PTIN
Phone2172220304PhoneNum
Preparation2016-05-25PreparationDt
FieldValueIRS element (for citing)
Tax2015TaxYr
Build TS2016-09-27 15:27:22ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$1,003,010FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$394,652ContriRcvdRevAndExpnssAmt
Dividends Rev And Expnss$8,603DividendsRevAndExpnssAmt
Dividends Net Invst Incm$8,603DividendsNetInvstIncmAmt
Dividends Adj Net Incm$8,603DividendsAdjNetIncmAmt
Total Rev And Expnss$403,255TotalRevAndExpnssAmt
Total Net Invst Incm$8,603TotalNetInvstIncmAmt
Total Adj Net Incm$8,603TotalAdjNetIncmAmt
Accounting Fees Rev And Expnss$1,189AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$892AccountingFeesNetInvstIncmAmt
Accounting Fees Adj Net Incm$892AccountingFeesAdjNetIncmAmt
Accounting Fees Chrtbl Prps$297AccountingFeesChrtblPrpsAmt
Taxes Rev And Expnss$29TaxesRevAndExpnssAmt
Other Expenses Rev And Expnss$15OtherExpensesRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss$1,233TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$892TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Adj Net Incm$892TotOprExpensesAdjNetIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$297TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$56,300ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$56,300ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$57,533TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$892TotalExpensesNetInvstIncmAmt
Total Expenses Adj Net Incm$892TotalExpensesAdjNetIncmAmt
Total Expenses Dsbrs Chrtbl$56,597TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$345,722ExcessRevenueOverExpensesAmt
Net Investment Income$7,711NetInvestmentIncomeAmt
Adjusted Net Income$7,711AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$852SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$1,922SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$1,922SavAndTempCashInvstEOYFMVAmt
Other Investments BOY$381,696OtherInvestmentsBOYAmt
Other Investments EOY$726,348OtherInvestmentsEOYAmt
Other Investments EOYFMV$1,001,088OtherInvestmentsEOYFMVAmt
Total Assets BOY$382,548TotalAssetsBOYAmt
Total Assets EOY$728,270TotalAssetsEOYAmt
Total Assets EOYFMV$1,003,010TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow SFAS117Yes (X)OrgDoesNotFollowSFAS117Ind
Capital Stock BOY$382,548CapitalStockBOYAmt
Capital Stock EOY$728,270CapitalStockEOYAmt
Tot Net Ast Or Fund Balances BOY$382,548TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$728,270TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$382,548TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$728,270TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$382,548TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$345,722ExcessRevenueOverExpensesAmt
Subtotal$728,270SubtotalAmt
Tot Net Ast Or Fund Balances EOY$728,270TotNetAstOrFundBalancesEOYAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$154InvestmentIncomeExciseTaxAmt
Subtotal$154SubtotalAmt
Tax Based On Investment Income$154TaxBasedOnInvestmentIncomeAmt
Tax Due$154TaxDueAmt

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
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 AddressN/AWebsiteAddressTxt
Individual With BooksJOSEPH P TRACYIndividualWithBooksNm
Phone2177733922PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line13301 CAMBRIDGE ESTATESAddressLine1Txt
CityQUINCYCityNm
State AbbreviationILStateAbbreviationCd
ZIP62301ZIPCd
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 (3 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
JOSEPH P TRACY
3301 CABRIDGE ESTATESQUINCYIL62301PRESIDENT1.00$0$0$0
JILL A TRACY
3301 CAMBRIDGE ESTATESQUINCYIL62301TREASURER1.00$0$0$0
CHRISTIE L MUGERDITCHIAN
3115 EVANGELINE ROADQUINCYIL62301SECRETARY1.00$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

FieldValueIRS element (for citing)
Description1N/ADescription1Txt

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$0AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$5,809AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$1,001,088FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$1,006,897TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$1,006,897AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$15,103CashDeemedCharitableAmt
Net Vl Noncharitable Assets$991,794NetVlNoncharitableAssetsAmt
Minimum Investment Return$49,590MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$49,590MinimumInvestmentReturnAmt
Tax Based On Investment Income$154TaxBasedOnInvestmentIncomeAmt
Total Tax$154TotalTaxAmt
Distributable Before Adj$49,436DistributableBeforeAdjAmt
Distributable Before Ded$49,436DistributableBeforeDedAmt
Distributable As Adjusted$49,436DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$56,597ExpensesAndContributionsAmt
Qualifying Distributions$56,597QualifyingDistributionsAmt
Adjusted Qualifying Distri$56,597AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$49,436DistributableAsAdjustedAmt
Excess Distribution Cyov Yr2$4,978ExcessDistributionCyovYr2Amt
Total Excess Distribution Cyov$4,978TotalExcessDistributionCyovAmt
Qualifying Distributions$56,597QualifyingDistributionsAmt
Applied To Current Year$49,436AppliedToCurrentYearAmt
Remaining Distri From Corpus$7,161RemainingDistriFromCorpusAmt
Total Corpus$12,139TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$12,139ExcessDistriCyovToNextYrAmt
Excess From Year2$4,978ExcessFromYear2Amt
Excess From Current Year$7,161ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerJOSEPH P TRACYContributingManagerNm

Application Submission Info ApplicationSubmissionInfoGrp

FieldValueIRS element (for citing)
Recipient PersonJ2 FAMILY FOUNDATION JOSEPH TRACYRecipientPersonNm

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line13301 CAMBRIDGE ESTATESAddressLine1Txt
CityQUINCYCityNm
State AbbreviationILStateAbbreviationCd
ZIP62301ZIPCd
FieldValueIRS element (for citing)
Recipient Phone2177734411RecipientPhoneNum
Recipient Email AddressJOETRACY@DOTFOODS.COMRecipientEmailAddressTxt
Form And Info And MaterialsTHE FOUNDATION WILL NOT INITIALLY REQUIRE THAT RECIPIENT CHARITIES APPLY FOR GRANTS, BUT MAY LATER AS THE FOUNDATION GROWS. INSTEAD OF REACTING TO GRANT REQUESTS, THE FOUNDATION WILL BE PRO-ACTIVE IN SELECTING WORTHY AREA CHARITIES FOR GRANTS WITHIN THE SCOPE OF THE FOUNDATION'S PURPOSE.FormAndInfoAndMaterialsTxt
Submission DeadlinesNONESubmissionDeadlinesTxt
Restrictions On AwardsAWARDS ARE GENERALLY LIMITED TO ORGANIZATIONS THAT EDUCATE STUDENTS SUCH AS PAROCHIAL AND PUBLIC SCHOOLS, ORGANIZATIONS THAT PROVIDE AID AND ASSISTANCE TO YOUNG CHILDREN, YOUNG MOTHERS, FAMILIES, AND ALL INVIDIUALS WHO ARE STRUGGLING TO SUPPORT THEMSELVES SHORT-TERM AND NEED ASSISTANCE AND SUPPORT TO GET BACK ON THEIR FEET AND COMPLETE THEIR EDUCATION OR GAINFUL EMPLOYMENT, AND ORGANIZATIONS OR PROGRAMS THAT DEVELOP LEADERSHIP SKILLS OF INDIVIDUALS WHO RESIDE WITHIN A 100-MILE RADIUS OF QUINCY, ILLINOIS, THROUGH PROGRAMS, SEMINARS AND SCHOLARSHIPS TO THOSE WHO HAVE ACHIEVED AT LEAST A HIGH SCHOOL DEGREE.RestrictionsOnAwardsTxt

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (2 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
QUINCY NOTRE DAME FOUNDATION
1400 SOUTH 11 STQUINCYIL62301PCTEACHER, TALENT, RECRUITMENT, RETENT$52,000
QUINCY NOTRE DAME FOUNDATION
1400 SOUTH 11 STQUINCYIL62301PCANNUAL FUND SUPPORT$4,300
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$56,300TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$8,603ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$8,603ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$8,603TotalIncomeProducingActyAmt

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

Schedule B IRS990ScheduleB

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
General RuleYes (X)GeneralRuleInd

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
Contributor1ContributorNum
Contributor PersonJOSEPH P TRACYContributorPersonNm

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line13301 CAMBRIDGE ESTATESAddressLine1Txt
CityQUINCYCityNm
State AbbreviationILStateAbbreviationCd
ZIP62301ZIPCd
FieldValueIRS element (for citing)
Total Contributions$394,652TotalContributionsAmt
Person ContributionYes (X)PersonContributionInd
Noncash ContributionYes (X)NoncashContributionInd

Non Cash Property Contribution NonCashPropertyContributionGrp

FieldValueIRS element (for citing)
Contributor1ContributorNum
Noncash Property2,611 DOT FOODS, INC. NON-VOTINGNoncashPropertyDesc
Fair Market Value$344,652FairMarketValueAmt
Received2015-07-15ReceivedDt

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryACCOUNTING FEESCategoryTxt
Amt$1,189Amt
Net Investment Income$892NetInvestmentIncomeAmt
Adjusted Net Income$892AdjustedNetIncomeAmt
Disbursements Charitable Prps$297DisbursementsCharitablePrpsAmt

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp

FieldValueIRS element (for citing)
Category Or Item7,584 DOT FOODS, INC-CLOSELY-HELD EQCategoryOrItemTxt
Listed At Cost Or FMVAT COSTListedAtCostOrFMVCd
Book Value$726,348BookValueAmt
EOYFMV$1,001,088EOYFMVAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt
EXPENSES
IL CHARITABLE ANNUAL REPORT F$15

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryEXCISE TAXCategoryTxt
Amt$29Amt

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