GIVING GROUSBECK FAZZALARI: Form 990PF, tax year 2013
View the entire original 990 at ProPublica ↗
- Organization
- GIVING GROUSBECK FAZZALARI (EIN 30-6284986)
- Tax period
- 2013-12-01 to 2014-11-30
- Filed
- 2015-03-27
- IRS object ID
- 201510869349100601
- Schema version
- 2013v4.0
- 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
- General Explanation Attachment
- Other Assets Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2015-03-27T09:34:26-05:00 | ReturnTs |
| Tax Period End | 2014-11-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 042206126 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Raphael and Raphael LLP | BusinessNameLine1 |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 730 | AddressLine1 |
| City | Point Pleasant | City |
| State | NJ | State |
| ZIP Code | 087420730 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2013-12-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 306284986 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Grousbeck Trust dated April 20 2011 | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | GROU | BusinessNameControlTxt |
| Phone | 7322951000 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | c/o RR LLP PO Box 730 | AddressLine1 |
| City | Point Pleasant | City |
| State | NJ | State |
| ZIP Code | 087420730 | ZIPCode |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Wycliffe K Grousbeck | PersonNm |
| Person Title | Trustee | PersonTitleTxt |
| Phone | 7322951000 | PhoneNum |
| Signature | 2015-03-20 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Mary C Buletza | PreparerPersonNm |
| PTIN | P00546079 | PTIN |
| Phone | 7322951000 | PhoneNum |
| Preparation | 2015-03-20 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2013 | TaxYr |
| Build TS | 2016-03-07 17:11:31Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $43,088,643 | 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 | $288 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $288 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $357,088 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $336,462 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $2,681,127 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $3,137,193 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $2,594,126 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $197,744 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $197,744 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $3,236,247 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $3,128,620 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $29,326 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $11,526 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $7,800 | AccountingFeesChrtblPrpsAmt |
| Interest Rev And Expnss | $17,024 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $5,644 | InterestNetInvstIncmAmt |
| Interest Dsbrs Chrtbl | $0 | InterestDsbrsChrtblAmt |
| Taxes Rev And Expnss | $72,139 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $32,042 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $420,044 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $215,768 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $70 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $538,533 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $264,980 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $7,870 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $4,394,811 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $4,394,811 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $4,933,344 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $264,980 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $4,402,681 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$1,697,097 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $2,863,640 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $175,541 | CashBOYAmt |
| Cash EOY | $2,132,336 | CashEOYAmt |
| Cash EOYFMV | $2,132,336 | CashEOYFMVAmt |
| Other Assets BOY | $38,981,104 | OtherAssetsBOYAmt |
| Other Assets EOY | $35,314,712 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $40,956,307 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $39,156,645 | TotalAssetsBOYAmt |
| Total Assets EOY | $37,447,048 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $43,088,643 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Capital Stock BOY | $39,156,645 | CapitalStockBOYAmt |
| Capital Stock EOY | $37,447,048 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $0 | RetainedEarningBOYAmt |
| Retained Earning EOY | $0 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $39,156,645 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $37,447,048 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $39,156,645 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $37,447,048 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $39,156,645 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$1,697,097 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $37,459,548 | SubtotalAmt |
| Other Decreases | $12,500 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $37,447,048 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (5 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | Cost Or Other BasisCostOrOtherBasisAmt |
|---|---|---|---|---|---|---|---|
| K-1 STCG | P | 2012-12-01 | 2014-11-30 | $801,868 | $801,868 | $801,868 | |
| K-1 LTCG | P | 2013-11-30 | 2014-11-30 | $2,248,324 | $2,248,324 | $2,248,324 | |
| K-1 1231 | P | 2013-11-30 | 2014-11-30 | -$456,066 | -$456,066 | $456,066 | |
| K-1 LTCG UBI | P | 2013-11-30 | 2014-11-30 | $87,001 | $0 | $0 | $87,001 |
| K-1 1231 UBI | P | 2013-11-30 | 2014-11-30 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $2,594,126 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | 0 | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $2,429,522 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $40,173,192 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.060476 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $0 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $9,850,000 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.000000 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $15,150,196 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $185,562,757 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.081645 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $14,830,145 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $178,633,363 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.083020 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $11,670,011 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $164,592,975 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.070902 | DistributionYr5Rt |
| Total Distribution | 0.296043 | TotalDistributionRt |
| Average Distribution | 0.059209 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $42,954,460 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $2,543,291 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $28,636 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $2,571,927 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $4,402,681 | 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 | $28,636 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $28,636 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $28,636 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $29,843 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $29,843 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Overpayment | $1,207 | OverpaymentAmt |
| Applied To ES Tax | $1,207 | 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 | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | MA | 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 | N/A | WebsiteAddressTxt |
| Individual With Books | Wycliffe K Grousbeck | IndividualWithBooksNm |
| Phone | 6178543005 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 226 Causeway Street 4th Floor | AddressLine1 |
| City | Boston | City |
| State | MA | State |
| ZIP Code | 02114 | ZIPCode |
| 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 (2 entries)
| Address Line1USAddress/AddressLine1 | CityUSAddress/City | StateUSAddress/State | ZIP CodeUSAddress/ZIPCode | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| Wycliffe K Grousbeck | ||||||||
| 226 Causeway Street 4th Floor | Boston | MA | 02114 | Trustee | 1.00 | $0 | $0 | $0 |
| Corinne B Grousbeck | ||||||||
| 226 Causeway Street 4th Floor | Boston | MA | 02114 | Trustee | 1.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
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 | $40,642,170 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $2,966,419 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $43,608,589 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $43,608,589 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $654,129 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $42,954,460 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $2,147,723 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $2,147,723 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $28,636 | TaxBasedOnInvestmentIncomeAmt |
| Income Tax | $2,234 | IncomeTaxAmt |
| Total Tax | $30,870 | TotalTaxAmt |
| Distributable Before Adj | $2,116,853 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $2,116,853 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $2,116,853 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $4,402,681 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $4,402,681 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $28,636 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $4,374,045 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $2,116,853 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $651,217 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $1,301,244 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $1,355,238 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr1 | $446,293 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $3,753,992 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $4,402,681 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $2,116,853 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $2,285,828 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $6,039,820 | 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 | $651,217 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $5,388,603 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $1,301,244 | ExcessFromYear4Amt |
| Excess From Year3 | $1,355,238 | ExcessFromYear3Amt |
| Excess From Year1 | $446,293 | ExcessFromYear1Amt |
| Excess From Current Year | $2,285,828 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | Wycliffe K Grousbeck Trustee | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 226 Causeway Street 4th Floor | AddressLine1 |
| City | Boston | City |
| State | MA | State |
| ZIP Code | 02114 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 6178543005 | RecipientPhoneNum |
| Recipient Email Address | GrousbeckTrust@gmail.com | RecipientEmailAddressTxt |
| Form And Info And Materials | No formal procedures have been established at this time. | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | No deadlines have been established at this time. | SubmissionDeadlinesTxt |
| Restrictions On Awards | Grants are limited to IRC Section 501(c)(3) defined purposes and charities. | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (41 entries)
| Address Line1RecipientUSAddress/AddressLine1 | CityRecipientUSAddress/City | StateRecipientUSAddress/State | ZIP CodeRecipientUSAddress/ZIPCode | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line2RecipientUSAddress/AddressLine2 |
|---|---|---|---|---|---|---|---|---|
| Berkshire Hills Music Academy | ||||||||
| 48 Woodbridge Street | South Hadley | MA | 01075 | N/A | Public charities | General | $5,000 | |
| Big Brothers Big Sisters of Massachusetts Bay | ||||||||
| 75 Federal Street 8th Floor | Boston | MA | 02110 | N/A | Public charities | General | $10,000 | |
| Boston 2024 | ||||||||
| One Marina Park Drive 10th Floor | Boston | MA | 02210 | N/A | Public charities | General | $50,000 | |
| Boston Ballet | ||||||||
| 19 Clarendon Street | Boston | MA | 021166100 | N/A | Public charities | General | $5,000 | |
| Boston Celtics Shamrock Foundation | ||||||||
| 226 Causeway Street 4th Floor | Boston | MA | 02114 | N/A | Public charities | General | $72,000 | |
| Boston Foundation Inc | ||||||||
| 75 Arlington Street Suite 1000 | Boston | MA | 02116 | N/A | Public charities | General | $25,000 | |
| Boys and Girls Club of Boston | ||||||||
| 50 Congress Street | Boston | MA | 02109 | N/A | Public charities | General | $25,000 | |
| Breast Cancer Research Foundation | ||||||||
| 60 E 56th Street 8th Floor | New York | NY | 10022 | N/A | Public charities | General | $2,500 | |
| Bridge Over Trouble Waters | ||||||||
| 222 Forbes Road Suite 207 | Braintree | MA | 02184 | N/A | Public charities | General | $10,000 | |
| Brigham and Women's Hospital | ||||||||
| 75 Francis Street | Boston | MA | 02115 | N/A | Public charities | General | $25,000 | |
| Children's Hospital Boston | ||||||||
| 1 Autumn Street 731 | Boston | MA | 022155301 | N/A | Public charities | General | $200,000 | |
| Facing History and Ourselves | ||||||||
| 16 Hurd Road | Brookline | MA | 02445 | N/A | Public charities | General | $5,000 | |
| FFMW Susan Wornick Journalism Scholarship Fund | ||||||||
| 3 Eliot Street | Natick | MA | 01760 | N/A | Public charities | General | $1,000 | |
| Foundation Fighting Blindness | ||||||||
| 7168 Columbia Gateway Drive Suite | Columbia | MD | 21046 | N/A | Public charities | General | $10,000 | 100 |
| Hoffman Institute Foundation | ||||||||
| 1299 Fourth Street 6th Floor | San Rafael | CA | 94901 | N/A | Public charities | General | $5,000 | |
| Horizons for Homeless Children | ||||||||
| 1705 Columbus Avenue | Roxbury | MA | 02119 | N/A | Public charities | General | $10,000 | |
| Isabella Stewart Gardner Museum | ||||||||
| 280 The Fenway | Boston | MA | 02115 | N/A | Public charities | General | $106,000 | |
| Justine Mee Liff Fund | ||||||||
| 125 The Fenway | Boston | MA | 02115 | N/A | Public charities | General | $5,000 | |
| K-1 allocation | ||||||||
| 655 Knight Way | Stanford | CA | 943057216 | N/A | Public charities | General | $111 | |
| Lesley University | ||||||||
| 29 Everett Street | Cambridge | MA | 02138 | N/A | Public charities | General | $200,000 | |
| Lovelane Special Needs Horseback Programs | ||||||||
| 40 Baker Bridge Road | Lincoln | MA | 01773 | N/A | Public charities | General | $82,200 | |
| Massachusetts College of Art and Design | ||||||||
| 621 Huntington Avenue | Boston | MA | 02115 | N/A | Public charities | General | $500 | |
| Massachusetts Eye and Ear Infirmary | ||||||||
| 243 Charles Street | Boston | MA | 02114 | N/A | Public charities | General | $1,000,000 | |
| Massachusetts General Hospital | ||||||||
| 100 Cambridge Street Suite 1310 | Boston | MA | 021142548 | N/A | Public charities | General | $150,000 | |
| Michigan State University | ||||||||
| D208 Veterinary Medical Center | East Lansing | MI | 488241314 | N/A | Public charities | General | $125,000 | |
| MSPCC | ||||||||
| 3815 Washington Street Suite 2 | Boston | MA | 02130 | N/A | Public charities | General | $15,000 | |
| MVCPC Inc-Camp Jabbeewocky | ||||||||
| PO Box 1357 | Vineyard Haven | MA | 02568 | N/A | Public charities | General | $40,000 | |
| MVYouth | ||||||||
| PO Box 65 | Chilmark | MA | 02535 | N/A | Public charities | General | $25,000 | |
| National Braille Press | ||||||||
| 88 St Stephen St | Boston | MA | 02115 | N/A | Public charities | General | $25,000 | |
| Navy Seal Foundation | ||||||||
| 1619 D Street | Virginia Beach | VA | 23459 | N/A | Public charities | General | $10,000 | |
| Noble and Greenough School | ||||||||
| 10 Campus Drive | Dedham | MA | 02026 | N/A | Public charities | General | $50,000 | |
| PEF Israel Endowment Funds Inc | ||||||||
| 630 Third Avenue Ste 1501 | New York | NY | 10017 | N/A | Public charities | General | $5,000 | |
| Perkins School for the Blind | ||||||||
| 175 North Beacon Street | Watertown | MA | 02172 | N/A | Public charities | General | $1,334,000 | |
| Stanford University | ||||||||
| 326 Galvez Street | Stanford | CA | 943055018 | N/A | Public charities | General | $50,000 | |
| The Joey Fund | ||||||||
| 220 N Main Street Suite 104 | Natick | MA | 01760 | N/A | Public charities | General | $27,500 | |
| The National Rowing Foundation | ||||||||
| 67 Mystic Road | North Stonington | CT | 06359 | N/A | Public charities | General | $33,000 | |
| The New England Patriots Charitable Foundation | ||||||||
| One Patriot Place | Foxborough | MA | 02035 | N/A | Public charities | General | $15,000 | |
| Three Point Foundation | ||||||||
| 1270 Soliders Field Road | Brighton | MA | 02135 | N/A | Public charities | General | $10,000 | |
| University of Iowa Foundation | ||||||||
| PO Box 4550 | Iowa City | IA | 522444550 | N/A | Public charities | General | $550,000 | |
| US Ski and Snowbaord Team Foundation | ||||||||
| PO Box 100 | Park City | UT | 84060 | N/A | Public charities | General | $3,000 | |
| Watertown Police Foundation | ||||||||
| PO Box 181 | Watertown | MA | 02471 | N/A | Public charities | General | $73,000 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $4,394,811 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $288 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business | 900099 | BusinessCd |
| Unrelated Business Taxbl Incm | $20,626 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | 14 | ExclusionCd |
| Exclusion | $336,462 | ExclusionAmt |
Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $197,744 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business | 900099 | BusinessCd |
| Unrelated Business Taxbl Incm | $87,001 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | 14 | ExclusionCd |
| Exclusion | $2,594,126 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $107,627 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $3,128,620 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $3,236,247 | TotalIncomeProducingActyAmt |
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 (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| Accounting and tax fees | $27,800 | $10,000 | $7,800 |
| Bookkeeping services | $1,526 | $1,526 | $0 |
General Explanation Attachment GeneralExplanationAttachment
General Explanation GeneralExplanationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Form 8886 | FormAndLineReferenceDesc |
| Medium Explanation | TWO FORMS 8886 REPORTABLE TRANSACTION DISCLOSURESTATEMENTS WERE FILED FOR CURRENT YEAR LOSS TRANSACTIONSGREATER THAN $2 MILLION DOLLARS EACH AND TRANSACTIONSWITH CUMULATIVE LOSSES GREATER THAN $4 MILLIONEACH AS REQUIRED BY REG. SEC. 1.6011-4. THE PARTNER'SSHARE OF EACH TRANSACTION LOSS WAS LESS THAN $2MILLION FOR THE CURRENT YEAR, AND LESS THAN $4 MILLIONCUMULATIVELY UNLESS OTHERWISE NOTED. THIS IS BELOWTHE MINIMUM THRESHOLD FOR FILING OF FORM 8886 BY THE PARTNER. | MediumExplanationTxt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Investment in diversified investment partnerships | Desc |
| BOY Book Value | $38,981,104 | BOYBookValueAmt |
| EOY Book Value | $35,314,712 | EOYBookValueAmt |
| EOYFMV | $40,956,307 | EOYFMVAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | 11/30/2014 flow thru partnership PY adj | Description |
| Amount | $12,500 | Amount |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (6 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| Massachussett filing fees | $70 | $0 | $70 |
| K-1 alloc non-ded exp | $526 | $0 | $0 |
| K-1 alloc deductions - portfolio (2% floor) | $241,907 | $203,083 | $0 |
| K-1 alloc deductions - portfolio (other)-CA filing fees | $17,685 | $12,685 | $0 |
| K-1 Pship Other Loss-UBI | $17,012 | $0 | $0 |
| K-1 Pship SEC 1231-UBI | $142,844 | $0 | $0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (4 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| K-1 Pship Portfolio income | $602,993 | $602,993 | $602,993 |
| K-1 Pship Other income | -$384,538 | -$384,538 | -$384,538 |
| K-1 Pship Ordinary income | $15,718 | $15,718 | $15,718 |
| K-1 Pship Net Rental RE income | -$36,429 | -$36,429 | -$36,429 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| Federal 990 PF tax payments | $22,000 | $0 | $0 |
| Foreign tax withheld | $40,466 | $32,042 | $0 |
| State tax expense | $9,673 | $0 | $0 |
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