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DENISE A AND EUGENE W CHINERY FOUNDATION INC: Form 990PF, tax year 2014

View the entire original 990 at ProPublica ↗

Organization
DENISE A AND EUGENE W CHINERY FOUNDATION INC (EIN 22-3705537)
Tax period
2014-01-01 to 2014-12-31
Filed
2015-05-13
IRS object ID
201501339349100735
Schema version
2014v5.0
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 ReturnHeader

FieldValueIRS element (for citing)
Return2015-05-13T12:05:58-05:00ReturnTs
Tax Period End2014-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1BDO USA LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line190 Woodbridge Ctr Dr Ste 400AddressLine1Txt
CityWoodbridgeCityNm
State AbbreviationNJStateAbbreviationCd
ZIP07095ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2014-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN223705537EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1DENISE A& EUGENE CHINERY FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
In Care Of% EUGENE W CHINERYInCareOfNm
Business Name ControlDENIBusinessNameControlTxt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1C/O R KLEIN BDO USA LLPAddressLine1Txt
Address Line290 WOODBRIDGE CENTER DRIVE Suite 4tAddressLine2Txt
CityWOODBRIDGECityNm
State AbbreviationNJStateAbbreviationCd
ZIP07095ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonEugene ChineryPersonNm
Person TitlePresidentPersonTitleTxt
Phone7327500900PhoneNum
Signature2015-05-13SignatureDt
FieldValueIRS element (for citing)
Tax2014TaxYr
Build TS2016-03-07 17:11:31ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$299,679FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$0ContriRcvdRevAndExpnssAmt
Dividends Rev And Expnss$8,091DividendsRevAndExpnssAmt
Dividends Net Invst Incm$8,091DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss-$1,742NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$6,577GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$0CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$6,349TotalRevAndExpnssAmt
Total Net Invst Incm$8,091TotalNetInvstIncmAmt
Taxes Rev And Expnss$1,293TaxesRevAndExpnssAmt
Taxes Net Invst Incm$1,293TaxesNetInvstIncmAmt
Other Expenses Rev And Expnss$198OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$198OtherExpensesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss$1,491TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$1,491TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$0ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$0ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$1,491TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$1,491TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$0TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$4,858ExcessRevenueOverExpensesAmt
Net Investment Income$6,600NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$54,357SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$15,421SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$15,421SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY$159,112CorporateStockBOYAmt
Corporate Stock EOY$204,503CorporateStockEOYAmt
Corporate Stock EOYFMV$284,258CorporateStockEOYFMVAmt
Total Assets BOY$213,469TotalAssetsBOYAmt
Total Assets EOY$219,924TotalAssetsEOYAmt
Total Assets EOYFMV$299,679TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow SFAS117Yes (X)OrgDoesNotFollowSFAS117Ind
Retained Earning BOY$213,469RetainedEarningBOYAmt
Retained Earning EOY$219,924RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$213,469TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$219,924TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$213,469TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$219,924TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$213,469TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$4,858ExcessRevenueOverExpensesAmt
Other Increases$1,597OtherIncreasesAmt
Subtotal$219,924SubtotalAmt
Tot Net Ast Or Fund Balances EOY$219,924TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (5 entries)

PropertyPropertyDescAcquiredAcquiredDtSoldSoldDtGross Sales PriceGrossSalesPriceAmtCost Or Other BasisCostOrOtherBasisAmtGain Or LossGainOrLossAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmtHow AcquiredHowAcquiredCd
250 POWERSHARES DB COMMODITY INDEX TRACKING FUND2014-01-102014-12-11$4,727$6,375-$1,648-$1,648
240 CALIFORNIA RESOURCES CORP2013-07-152014-12-11$1,354$339$1,015$1,015
SEC 1256 LOSS POWERSHARES K-1$642-$642-$642
SEC 1256 LOSS POWERSHARES K-1$963-$963-$963
CAPITAL GAIN DIVIDENDS$443P
FieldValueIRS element (for citing)
Capital Gain Net Income-$1,742CapitalGainNetIncomeAmt
Net Short Term Capital Gain Loss-$2,312NetShortTermCapitalGainLossAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$0AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$268,620NetVlNoncharitableAssetsYr1Amt
Distribution Yr10.0DistributionYr1Rt
Adjusted Qlfy Distri Yr2$125,565AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$299,310NetVlNoncharitableAssetsYr2Amt
Distribution Yr20.419515DistributionYr2Rt
Adjusted Qlfy Distri Yr3$14,000AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$360,327NetVlNoncharitableAssetsYr3Amt
Distribution Yr30.038854DistributionYr3Rt
Adjusted Qlfy Distri Yr4$75,434AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4$366,919NetVlNoncharitableAssetsYr4Amt
Distribution Yr40.205588DistributionYr4Rt
Adjusted Qlfy Distri Yr5$22,500AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5$317,825NetVlNoncharitableAssetsYr5Amt
Distribution Yr50.070794DistributionYr5Rt
Total Distribution0.734751TotalDistributionRt
Average Distribution0.14695AverageDistributionRt
Net Vl Noncharitable Assets$295,720NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$43,456AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct$66NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$43,522AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$0QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$132InvestmentIncomeExciseTaxAmt
Subtotal$132SubtotalAmt
Tax Based On Investment Income$132TaxBasedOnInvestmentIncomeAmt
Total Payments And Credits$0TotalPaymentsAndCreditsAmt
Tax Due$132TaxDueAmt

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 StateNJOrgReportOrRegisterStateCd
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

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1EUGENE W CHINERYBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone2124216377PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1870 UN PLAZAAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10017ZIPCd
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
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
Undistributed Income PYfalseUndistributedIncomePYInd
Undistr Incm Sect4942a2 Not AppfalseUndistrIncmSect4942a2NotAppInd
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
Proceeds Or Net IncomefalseProceedsOrNetIncomeInd

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 PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmt
EUGENE W CHINERY
870 UN PLAZANEW YORKNY10017PRES./TREAS.0$0
KENNETH WESSEL
241 SEA OAK DRIVEVERO BEACHFL32963VICE PRESIDENT0$0
JAYNE M KURZMAN
2 EAST END AVENUENEW YORKNY10075SECRETARY0$0
FieldValueIRS element (for citing)
Summary Of Direct Chrtbl ActySummaryOfDirectChrtblActyGrp
Sum Of Program Related InvstSumOfProgramRelatedInvstGrp

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$294,092AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$6,131AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$300,223TotalFMVOfUnusedAssetsAmt
Acquisition Indebtedness$0AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast$300,223AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$4,503CashDeemedCharitableAmt
Net Vl Noncharitable Assets$295,720NetVlNoncharitableAssetsAmt
Minimum Investment Return$14,786MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$14,786MinimumInvestmentReturnAmt
Tax Based On Investment Income$132TaxBasedOnInvestmentIncomeAmt
Total Tax$132TotalTaxAmt
Distributable Before Adj$14,654DistributableBeforeAdjAmt
Distributable Before Ded$14,654DistributableBeforeDedAmt
Distributable As Adjusted$14,654DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$0ExpensesAndContributionsAmt
Program Related Invst Total$0ProgramRelatedInvstTotalAmt
Charitable Assets Acquis Paid$0CharitableAssetsAcquisPaidAmt
Set Aside Suitability Test$0SetAsideSuitabilityTestAmt
Set Aside Cash Distri Test$0SetAsideCashDistriTestAmt
Qualifying Distributions$0QualifyingDistributionsAmt
Adjusted Qualifying Distri$0AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$14,654DistributableAsAdjustedAmt
Undistributed Income PY$0UndistributedIncomePYAmt
Prior Year12012PriorYear1Yr
Prior Year22011PriorYear2Yr
Prior Year32010PriorYear3Yr
Total For Prior Years$0TotalForPriorYearsAmt
Excess Distribution Cyov Yr5$6,752ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$57,220ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr2$111,469ExcessDistributionCyovYr2Amt
Total Excess Distribution Cyov$175,441TotalExcessDistributionCyovAmt
Qualifying Distributions$0QualifyingDistributionsAmt
Applied To Year1$0AppliedToYear1Amt
Remaining Distri From Corpus$0RemainingDistriFromCorpusAmt
Excess Distri Cyov App CY Corpus$14,654ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY$14,654ExcessDistributionCyovAppCYAmt
Total Corpus$160,787TotalCorpusAmt
Prior Year Undistributed Incm$0PriorYearUndistributedIncmAmt
Taxable1$0Taxable1Amt
Taxable2$0Taxable2Amt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$160,787ExcessDistriCyovToNextYrAmt
Excess From Year4$49,318ExcessFromYear4Amt
Excess From Year2$111,469ExcessFromYear2Amt
FieldValueIRS element (for citing)
Private Operating FoundationsPrivateOperatingFoundationsGrp

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerNAContributingManagerNm
Shareholder ManagerNAShareholderManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

FieldValueIRS element (for citing)
Fees Contracts From Govt AgFeesContractsFromGovtAgGrp
Membership Dues And AssmntMembershipDuesAndAssmntGrp
Int On Sav And Temp Cash InvstIntOnSavAndTempCashInvstGrp

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$8,091ExclusionAmt
FieldValueIRS element (for citing)
Net Rntl Incm Re Debt Fincd PropNetRntlIncmReDebtFincdPropGrp
Net Rntl Incm Re Not Debt Fincd PropNetRntlIncmReNotDebtFincdProp
Net Rental Income Personal PropNetRentalIncomePersonalPropGrp
Other Investment Incm Part VIIOtherInvestmentIncmPartVIIGrp

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion-$1,742ExclusionAmt
FieldValueIRS element (for citing)
Net Income Loss From Special EvtNetIncomeLossFromSpecialEvtGrp
Gross Profit Loss Sls Of InvntryGrossProfitLossSlsOfInvntryGrp

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$6,349ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$6,349TotalIncomeProducingActyAmt

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

Depreciation Schedule DepreciationSchedule

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (11 entries)

StockStockNmEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
50 APPLE INC$21,586$38,633
800 CISCO SYSTEMS INC$17,384$22,252
500 EXXON MOBIL CORPORATION$17,061$46,225
1500 GENERAL ELECTRIC$48,866$37,905
600 OCCIDENTAL PETE CORP$9,390$48,366
200 YUM! BRANDS INC$14,961$14,570
150 VGT ETF$10,972$15,672
300 VWO ETF$13,548$12,006
494 HEMZX MUTUAL FUND$5,005$4,729
156 COHEN & STEERS REALTY$10,075$11,959
525 ISHARES MSCI EAFE ETF$35,655$31,941

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmt
UBS 86129 2J FEES$150$150
K-1 POWERSHARES DEDUCTIONS$48$48

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail

FieldValueIRS element (for citing)
DescADJUSTMENT FOR K-1INVESTMENT POWERSHARESDesc
Amt$1,597Amt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

CategoryCategoryTxtAmtAmtNet Investment IncomeNetInvestmentIncomeAmt
FEDERAL TAXES$1,169$1,169
FOREIGN TAXES$124$124

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