VALLAVBHAI AND SAVITABEN PATEL FOUNDATION INC: Form 990PF, tax year 2014
View the entire original 990 at ProPublica ↗
- Organization
- VALLAVBHAI AND SAVITABEN PATEL FOUNDATION INC (EIN 22-3696763)
- Tax period
- 2014-01-01 to 2014-12-31
- Filed
- 2015-04-30
- IRS object ID
- 201531209349100943
- 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
- Form 990-PF
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2015-04-30T15:29:12-05:00 | ReturnTs |
| Tax Period End | 2014-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 455221053 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SPIRE GROUP PC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 100 WALNUT AVE SUITE 103 | AddressLine1Txt |
| City | CLARK | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07066 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2014-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 223696763 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | VALLAVBHAI & SAVITABEN PATEL FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | VALL | BusinessNameControlTxt |
| Phone | 2015738888 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 101 CHESTNUT RIDGE RD SUITE 2A | AddressLine1Txt |
| City | MONTVALE | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07645 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | YASHVANT PATEL | PersonNm |
| Person Title | TRUSTEE | PersonTitleTxt |
| Phone | 2015738888 | PhoneNum |
| Signature | 2015-04-24 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JAMES GEMENTGIS CPA | PreparerPersonNm |
| PTIN | P00972116 | PTIN |
| Phone | 7323818887 | PhoneNum |
| Preparation | 2015-04-24 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2014 | 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 | $6,943,413 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Dividends Rev And Expnss | $143,702 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $143,702 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $171,971 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $3,049,311 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $171,971 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $577 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $577 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $316,250 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $316,250 | 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 |
| Other Prof Fees Rev And Expnss | $64,861 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $64,861 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $3,658 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $42 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $268 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $0 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $0 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $68,787 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $64,903 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $326,500 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $337,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $395,287 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $64,903 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $337,000 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$79,037 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $251,347 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $38,030 | CashBOYAmt |
| Cash EOY | $32,186 | CashEOYAmt |
| Cash EOYFMV | $32,186 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $340,050 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $250,580 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $250,580 | SavAndTempCashInvstEOYFMVAmt |
| US Government Obligations BOY | $208,737 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $206,446 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $206,446 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $4,352,398 | CorporateStockBOYAmt |
| Corporate Stock EOY | $3,887,804 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $3,887,804 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $2,011,586 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $2,566,397 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $2,566,397 | CorporateBondsEOYFMVAmt |
| Total Assets BOY | $6,950,801 | TotalAssetsBOYAmt |
| Total Assets EOY | $6,943,413 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $6,943,413 | TotalAssetsEOYFMVAmt |
| Grants Payable BOY | $322,000 | GrantsPayableBOYAmt |
| Grants Payable EOY | $311,500 | GrantsPayableEOYAmt |
| Total Liabilities BOY | $322,000 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $311,500 | TotalLiabilitiesEOYAmt |
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
| Unrestricted BOY | $6,628,801 | UnrestrictedBOYAmt |
| Unrestricted EOY | $6,631,913 | UnrestrictedEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $6,628,801 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $6,631,913 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $6,950,801 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $6,943,413 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $6,628,801 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$79,037 | ExcessRevenueOverExpensesAmt |
| Other Increases | $82,149 | OtherIncreasesAmt |
| Subtotal | $6,631,913 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $6,631,913 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (39 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| CAMPBELL SOUP CO | P | 2014-06-18 | 2014-08-05 | $249,958 | $249,958 | $0 | $0 |
| CAMPBELL SOUP CO | P | 2014-09-11 | 2014-10-21 | $149,958 | $149,958 | $0 | $0 |
| CHICAGO BRIDGE & IRON CO | P | 2013-08-02 | 2014-06-19 | $142,752 | $120,364 | $22,388 | $22,388 |
| CVS CORP | P | 2013-08-07 | 2014-03-24 | $96,019 | $76,531 | $19,488 | $19,488 |
| GRUPO TELEVISA | P | 2013-03-08 | 2014-02-24 | $41,136 | $37,642 | $3,494 | $3,494 |
| KNOWLES CORP | P | 2013-05-22 | 2014-03-04 | $24,648 | $22,147 | $2,501 | $2,501 |
| NOBLE ENERGY | P | 2014-04-15 | 2014-12-23 | $73,121 | $107,233 | -$34,112 | -$34,112 |
| OREILLY AUTOMOTIVE | P | 2013-11-14 | 2014-10-02 | $30,116 | $24,946 | $5,170 | $5,170 |
| PETSMART INC | P | 2013-08-21 | 2014-01-16 | $90,558 | $101,309 | -$10,751 | -$10,751 |
| PRUDENTIAL | P | 2014-01-03 | 2014-02-11 | $249,962 | $249,962 | $0 | $0 |
| STONE ENERGY | P | 2014-05-27 | 2014-10-02 | $68,602 | $102,209 | -$33,607 | -$33,607 |
| TJX COS INC | P | 2013-07-15 | 2014-01-29 | $46,272 | $41,840 | $4,432 | $4,432 |
| VANGUARD UTILITIES | P | 2014-05-05 | 2014-07-31 | $91,209 | $93,170 | -$1,961 | -$1,961 |
| VW CR INC | P | 2014-08-07 | 2014-09-09 | $249,945 | $249,945 | $0 | $0 |
| WHIRLPOOL | P | 2013-06-05 | 2014-02-04 | $117,204 | $108,133 | $9,071 | $9,071 |
| AMERICAN EXPRESS | P | 2012-03-27 | 2014-10-20 | $99,852 | $69,917 | $29,935 | $29,935 |
| CALIFORNIA RESOURCES | P | 2011-06-22 | 2014-12-05 | $3,134 | $4,130 | -$996 | -$996 |
| CITIGROUP INC | P | 2007-01-19 | 2014-06-25 | $19,148 | $154,500 | -$135,352 | -$135,352 |
| DOVER CORP INC | P | 2013-05-22 | 2014-11-18 | $129,140 | $109,131 | $20,009 | $20,009 |
| GENERAL MOTORS | P | 2003-06-26 | 2014-06-25 | $21,501 | $69,748 | -$48,247 | -$48,247 |
| GENERAL MOTORS | P | 2013-02-05 | 2014-06-25 | $1,782 | $1,379 | $403 | $403 |
| GENERAL MOTORS | P | 2013-02-05 | 2014-11-19 | $26 | $24 | $2 | $2 |
| GENERAL MOTORS | P | 2003-06-26 | 2014-11-19 | $3 | $14 | -$11 | -$11 |
| GENERAL MOTORS | P | 2003-06-26 | 2014-11-19 | $5 | $18 | -$13 | -$13 |
| GILEAD SCIENCES | P | 2010-11-30 | 2014-06-02 | $56,865 | $12,779 | $44,086 | $44,086 |
| GILEAD SCIENCES | P | 2010-11-30 | 2014-12-22 | $86,590 | $16,430 | $70,160 | $70,160 |
| GRUPO TELEVISA | P | 2012-09-12 | 2014-02-24 | $76,396 | $64,032 | $12,364 | $12,364 |
| LIBERTY MEDIA | P | 2010-03-03 | 2014-06-11 | $131,623 | $52,558 | $79,065 | $79,065 |
| MOTORS LIQUIDATION | P | 2011-03-31 | 2014-12-04 | $2,785 | $2,785 | $2,785 | |
| NORTEL NETWORKS | P | 2000-05-24 | 2014-08-12 | $1 | $60,955 | -$60,954 | -$60,954 |
| OREILLY AUTOMOTIVE | P | 2013-09-16 | 2014-10-02 | $90,347 | $75,196 | $15,151 | $15,151 |
| PFIZER INC | P | 2002-08-21 | 2014-06-25 | $89,128 | $92,910 | -$3,782 | -$3,782 |
| PFIZER INC | P | 2011-03-03 | 2014-07-16 | $61,399 | $39,259 | $22,140 | $22,140 |
| QUALCOMM | P | 2011-12-02 | 2014-04-25 | $116,331 | $81,841 | $34,490 | $34,490 |
| ROPER INDS | P | 2009-12-21 | 2014-09-15 | $58,758 | $21,860 | $36,898 | $36,898 |
| TEVA PHARM | P | 2011-03-16 | 2014-03-21 | $75,000 | $74,957 | $43 | $43 |
| TJX COS INC | P | 2012-12-05 | 2014-01-29 | $80,977 | $60,814 | $20,163 | $20,163 |
| TRACTOR SUPPLY CO | P | 2012-02-02 | 2014-01-21 | $36,638 | $19,885 | $16,753 | $16,753 |
| TRACTOR SUPPLY CO | P | 2012-02-02 | 2014-10-02 | $90,422 | $59,656 | $30,766 | $30,766 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $171,971 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | 0 | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $309,251 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $6,562,945 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.047121 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $300,592 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $6,239,853 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.048173 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $283,100 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $6,153,519 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.046006 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $204,002 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $5,796,199 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.035196 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $333,370 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $5,246,559 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.063541 | DistributionYr5Rt |
| Total Distribution | 0.240037 | TotalDistributionRt |
| Average Distribution | 0.048007 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $6,873,906 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $329,996 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $2,513 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $332,509 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $337,000 | 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 | $2,513 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $2,513 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $2,513 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $4,200 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $4,200 | TotalPaymentsAndCreditsAmt |
| Overpayment | $1,687 | OverpaymentAmt |
| Applied To ES Tax | $1,687 | 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 | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | NJ | 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 | YASHVANT PATEL | IndividualWithBooksNm |
| Phone | 2015738888 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 101 CHESTNUT RIDGE RD SUITE 2A | AddressLine1Txt |
| City | MONTVALE | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07645 | ZIPCd |
| 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 (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| KIRAN PATEL | ||||||||
| 9 NEWPORT DR | PRINCETON JCT | NJ | 08550 | TRUSTEE | 0.00 | $0 | $0 | $0 |
| PARESH PATEL | ||||||||
| 10 EVAN COURT | WOODCLIFF LAKE | NJ | 07677 | TRUSTEE | 0.00 | $0 | $0 | $0 |
| YASHVANT PATEL | ||||||||
| 10 HOLLY COURT | WOODCLIFF LAKE | NJ | 07677 | TRUSTEE | 0.00 | $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 | $6,552,533 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $426,052 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $6,978,585 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $6,978,585 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $104,679 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $6,873,906 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $343,695 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $343,695 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $2,513 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $2,513 | TotalTaxAmt |
| Distributable Before Adj | $341,182 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $341,182 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $341,182 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $337,000 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $337,000 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $2,513 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $334,487 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $341,182 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $321,832 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $337,000 | QualifyingDistributionsAmt |
| Applied To Year1 | $321,832 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $15,168 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $0 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $326,014 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $0 | ExcessDistriCyovToNextYrAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | KIRAN PATEL | ContributingManagerNm |
| Contributing Manager | PARESH PATEL | ContributingManagerNm |
| Contributing Manager | YASHVANT PATEL | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (13 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line1RecipientForeignAddress/AddressLine1Txt | CityRecipientForeignAddress/CityNm | Province Or StateRecipientForeignAddress/ProvinceOrStateNm | CountryRecipientForeignAddress/CountryCd | Foreign PostalRecipientForeignAddress/ForeignPostalCd |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ZAMBIA'S SCHOLARSHIP FUND | |||||||||||
| PO BOX 515 | BRIGHAM CITY | UT | 84302 | 501(C)(3) | PARTIAL FUNDING OF A VEHICLE USED TO TRANSPORT BLANKETS,MEDICAL SUPPLIES & BOOKS TO SCHOOL TEACHERS | $15,000 | |||||
| BAPS | |||||||||||
| 81 SUTTONS LANE | PISCATAWAY | NJ | 07012 | 501(C)(3) | CONSTRUCTION OF A RELIGIOUS CENTER | $203,500 | |||||
| BAPS CHARITIES | |||||||||||
| 81 SUTTONS LANE | PISCATAWAY | NJ | 08854 | 501(C)(3) | WALK-A-THON SPONSORSHIP | $5,000 | |||||
| HOMES FOR OUR TROOPS | |||||||||||
| 6 MAIN STREET | TAUNTON | MA | 02780 | 501(C)(3) | BUILD HOMES FOR SEVERELY INJURED SERVICEMEN & WOMEN OF THE US ARMED FORCES | $10,000 | |||||
| INDIA CULTURAL SOCIETY OF NJ | |||||||||||
| 714 PREAKNESS AVE | WAYNE | NJ | 07470 | 501(C)(3) | CULTURAL ACTIVITIES | $3,000 | |||||
| INJURED MARINE SEMPER FI FUND | |||||||||||
| 825 COLLEGE BLVD SUITE 102 | OCEANSIDE | CA | 92057 | 501(C)(3) | PROVIDE FINANCIAL SUPPORT FOR INJURED & CRITICALLY ILL MEMBERS OF THE U.S. ARMED FORCES & THEIR FAMILIES | $10,000 | |||||
| MASOMO EDUCATION FOUNDATION | |||||||||||
| RR0001 | SCHOLARSHIPS FOR STUDENTS IN ZAMBIA | $5,000 | 222 QUEEN STREET SUITE 1500 | OTTAWA | ONTARIO | CA | K1P 5V9 | ||||
| NEW EYES FOR THE NEEDY | |||||||||||
| 549 MILLBURN AVENUE | SHORT HILLS | NJ | 07078 | 501(C)(3) | PURCHASE NEW PRESCRIPTION GLASSES | $4,000 | |||||
| ORBIS | |||||||||||
| 520 8TH AVENUE 11TH FLOOR | NEW YORK | NY | 10018 | 501(C)(3) | MEDICAL SUPPLIES FOR PEDIATRIC HOSPITAL IN KITWE, ZAMBIA | $5,000 | |||||
| RIDGEWOOD ROTARY FOUNDATION | |||||||||||
| 296 EAST ALLENDALE AVE | ALLENDALE | NJ | 07401 | 501(C)(3) | DRILL WATER WELL IN HAITI | $10,000 | |||||
| SAVE THE CHILDREN | |||||||||||
| 54 WILTON ROAD | WESTPORT | CT | 06881 | 501(C)(3) | EDUCATE,ALLEVIATE HUNGER,CHILD PROTECTION | $51,500 | |||||
| THE SMILE TRAIN | |||||||||||
| 245 FIFTH AVE SUITE 2201 | NEW YORK | NY | 10016 | 501(C)(3) | SURGERY ON CHILDREN WITH CLEFT LIPS | $10,000 | |||||
| ZAMBIA'S SCHOLARSHIP FUND | |||||||||||
| PO BOX 515 | BRIGHAM CITY | UT | 84302 | 501(C)(3) | MEDICAL SUPPLIES & BOOKS FOR RURAL SCHOOLS IN ZAMBIA | $5,000 | |||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $337,000 | TotalGrantOrContriPdDurYrAmt |
Grant Or Contri Apprv For Fut GrantOrContriApprvForFutGrp (15 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line1RecipientForeignAddress/AddressLine1Txt | CityRecipientForeignAddress/CityNm | Province Or StateRecipientForeignAddress/ProvinceOrStateNm | CountryRecipientForeignAddress/CountryCd | Foreign PostalRecipientForeignAddress/ForeignPostalCd |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 14 PLUS FOUNDATION INC | |||||||||||
| 14 WALL STREET 2ND FLOOR | NEW YORK | NY | 10005 | 501(C)(3) | SCHOOL SUPPLIES FOR CHIPAKATA CHILDREN'S ACADEMY, ZAMBIA | $5,000 | |||||
| BAPS CHARITIES | |||||||||||
| 81 SUTTONS LANE | PISCATAWAY | NJ | 08854 | 501(C)(3) | WALK-A-THON SPONSORSHIP | $5,000 | |||||
| BAPS | |||||||||||
| 854 BLOOMFIELD AVENUE | CLIFTON | NJ | 07012 | 501(C)(3) | REPAIRS TO TEMPLE PREMISES IN CLIFTON NJ | $10,000 | |||||
| HOMES FOR OUR TROOPS | |||||||||||
| 6 MAIN STREET | TAUNTON | MA | 02780 | 501(C)(3) | BUILD HOMES FOR SEVERELY INJURED SERVICEMEN & WOMEN OF THE US ARMED FORCES | $10,000 | |||||
| INDIA CULTURAL SOCIETY OF NJ | |||||||||||
| 714 PREAKNESS AVE | WAYNE | NJ | 07470 | 501(C)(3) | CULTURAL ACTIVITIES | $3,000 | |||||
| INJURED MARINE SEMPER FI FUND | |||||||||||
| 825 COLLEGE BLVD SUITE 102 | OCEANSIDE | CA | 92057 | 501(C)(3) | PROVIDE FINANCIAL SUPPORT FOR INJURED & CRITICALLY ILL MEMBERS OF THE US ARMED FORCES & THEIR FAMILIES | $10,000 | |||||
| MASOMO EDUCATION FOUNDATION | |||||||||||
| RR0001 | SCHOLARSHIPS FOR STUDENTS IN ZAMBIA | $5,000 | 222 QUEEN STREET SUITE 1500 | OTTAWA | ONTARIO | CA | K1P 5V9 | ||||
| NEW EYES FOR THE NEEDY | |||||||||||
| 549 MILLBURN AVENUE | SHORT HILLS | NJ | 07078 | 501(C)(3) | PURCHASE NEW PRESCRIPTION GLASSES | $4,000 | |||||
| RIDGEWOOD ROTARY FOUNDATION | |||||||||||
| 296 EAST ALLENDALE AVE | ALLENDALE | NJ | 07401 | 501(C)(3) | SUPPLIES FOR ORPHANAGE IN HAITI | $10,000 | |||||
| SAVE THE CHILDREN | |||||||||||
| 54 WILTON ROAD | WESTPORT | CT | 06881 | 501(C)(3) | EDUCATE, ALLEVIATE HUNGER, CHILD PROTECTION | $51,500 | |||||
| BAPS | |||||||||||
| 81 SUTTONS LANE | PISCATAWAY | NJ | 07012 | 501(C)(3) | CONSTRUCTION OF A RELIGIOUS CENTER ROBBINSVILLE NJ | $138,000 | |||||
| ORBIS | |||||||||||
| 520 8TH AVENUE 11TH FLOOR | NEW YORK | NY | 10018 | 501(C)(3) | MEDICAL SUPPLIES FOR PEDIATRIC HOSPITAL IN KITWE ZAMBIA | $5,000 | |||||
| MAMMADU TRUST | |||||||||||
| SECTION 19 OF ACT 12 | CONSTRUCTION OF A CLASSROOM WINDHOEK, NAMIBIA | $15,000 | PO BOX 40263 | WINDHOEK | WINDHOEK | WA | |||||
| ZAMBIA'S SCHOLARSHIP FUND | |||||||||||
| PO BOX 515 | BRIGHAM CITY | UT | 84302 | 501(C)(3) | REPAIR CLASSROOMS IN RURAL ZAMBIA | $30,000 | |||||
| THE SMILE TRAIN | |||||||||||
| 245 FIFTH AVE SUITE 2201 | NEW YORK | NY | 10016 | 501(C)(3) | SURGERY ON CHILDREN WITH CLEFT LIPS | $10,000 | |||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Apprv Fut | $311,500 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $143,702 | ExclusionAmt |
Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $577 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $171,971 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $316,250 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $316,250 | 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 |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | STATE STREET | BondNm |
| EOY Book Value | $2,566,397 | EOYBookValueAmt |
| EOYFMV | $2,566,397 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | STATE STREET | StockNm |
| EOY Book Value | $3,887,804 | EOYBookValueAmt |
| EOYFMV | $3,887,804 | EOYFMVAmt |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $206,446 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $206,446 | USGovtObligationsEOYFMVAmt |
| State Local Sec Book Vl EOY | $0 | StateLocalSecBookVlEOYAmt |
| State Local Sec EOYFMV | $0 | StateLocalSecEOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (5 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| FILING FEES | $30 | $0 | $0 |
| ANNUAL REPORT | $25 | $0 | $0 |
| POSTAGE | $50 | $0 | $0 |
| TRAVEL | $123 | $0 | $0 |
| BANK FEES | $40 | $0 | $0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | LITIGATION PROCEEDS | Desc |
| Revenue And Expenses Per Books | $577 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $577 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $577 | AdjustedNetIncomeAmt |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | INCREASE IN MARKET VALUES | Desc |
| Amt | $82,149 | Amt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| CUSTODIAL FEES | $3,381 | $3,381 | $0 |
| INV. ADVISORY FEES | $61,480 | $61,480 | $0 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| FOREIGN TAX PAID | $42 | $42 | $0 |
| EXCISE TAX | $3,616 | $0 | $0 |
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