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RICHARD R HOWE FOUNDATION: Form 990PF, tax year 2014

View the entire original 990 at ProPublica ↗

Organization
RICHARD R HOWE FOUNDATION (EIN 22-3849162)
Tax period
2014-01-01 to 2014-12-31
Filed
2015-05-13
IRS object ID
201541339349100129
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)
Return2015-05-13T07:03:37-07:00ReturnTs
Tax Period End2014-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Hamel Associates IncBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line124 Washington AveAddressLine1Txt
CityChathamCityNm
State AbbreviationNJStateAbbreviationCd
ZIP07928ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2014-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN223849162EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Richard R Howe FoundationBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlRICHBusinessNameControlTxt
Phone9733761568PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line186 Woodfield DriveAddressLine1Txt
CityShort HillsCityNm
State AbbreviationNJStateAbbreviationCd
ZIP07078ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonRICHARD R HOWEPersonNm
Person TitleTRUSTEEPersonTitleTxt
Phone9733761568PhoneNum
Signature2015-05-13SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonKIMBERLY VAN HORNPreparerPersonNm
Phone9736651400PhoneNum
Preparation2015-05-13PreparationDt
FieldValueIRS element (for citing)
Tax2014TaxYr
Build TS2016-04-25 22:37:26ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$1,182,815FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss$1InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$1InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$5,169DividendsRevAndExpnssAmt
Dividends Net Invst Incm$5,169DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$7,622NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$7,622GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$7,622CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$12,792TotalRevAndExpnssAmt
Total Net Invst Incm$12,792TotalNetInvstIncmAmt
Taxes Rev And Expnss$1,372TaxesRevAndExpnssAmt
Taxes Net Invst Incm$1,342TaxesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss$1,372TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$1,342TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$60,635ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$60,635ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$62,007TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$1,342TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$60,635TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$49,215ExcessRevenueOverExpensesAmt
Net Investment Income$11,450NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$101,119SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$43,152SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$43,152SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY$960,711CorporateStockBOYAmt
Corporate Stock EOY$1,139,663CorporateStockEOYAmt
Corporate Stock EOYFMV$1,139,663CorporateStockEOYFMVAmt
Total Assets BOY$1,061,830TotalAssetsBOYAmt
Total Assets EOY$1,182,815TotalAssetsEOYAmt
Total Assets EOYFMV$1,182,815TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow SFAS117Yes (X)OrgDoesNotFollowSFAS117Ind
Capital Stock BOY$1,061,830CapitalStockBOYAmt
Capital Stock EOY$1,182,815CapitalStockEOYAmt
Tot Net Ast Or Fund Balances BOY$1,061,830TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$1,182,815TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$1,061,830TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$1,182,815TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$1,061,830TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$49,215ExcessRevenueOverExpensesAmt
Other Increases$170,200OtherIncreasesAmt
Subtotal$1,182,815SubtotalAmt
Tot Net Ast Or Fund Balances EOY$1,182,815TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp

FieldValueIRS element (for citing)
PropertyCapital Gain DistributionsPropertyDesc
How AcquiredPHowAcquiredCd
Acquired2013-12-31AcquiredDt
Sold2014-12-31SoldDt
Gross Sales Price$7,622GrossSalesPriceAmt
Depreciation$0DepreciationAmt
Cost Or Other Basis$0CostOrOtherBasisAmt
Gain Or Loss$7,622GainOrLossAmt
FMV As Of123169$0FMVAsOf123169Amt
Adjusted Basis As Of123169$0AdjustedBasisAsOf123169Amt
Excess FMV Over Adjusted Bss$0ExcessFMVOverAdjustedBssAmt
Gains Minus Excess Or Losses$7,622GainsMinusExcessOrLossesAmt
FieldValueIRS element (for citing)
Capital Gain Net Income$7,622CapitalGainNetIncomeAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Adjusted Qlfy Distri Yr1$49,750AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$978,947NetVlNoncharitableAssetsYr1Amt
Distribution Yr10.050820DistributionYr1Rt
Adjusted Qlfy Distri Yr2$44,854AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$817,907NetVlNoncharitableAssetsYr2Amt
Distribution Yr20.054840DistributionYr2Rt
Adjusted Qlfy Distri Yr3$43,030AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$821,763NetVlNoncharitableAssetsYr3Amt
Distribution Yr30.052363DistributionYr3Rt
Adjusted Qlfy Distri Yr4$45,522AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4$814,956NetVlNoncharitableAssetsYr4Amt
Distribution Yr40.055858DistributionYr4Rt
Adjusted Qlfy Distri Yr5$33,883AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5$636,417NetVlNoncharitableAssetsYr5Amt
Distribution Yr50.053240DistributionYr5Rt
Total Distribution0.267121TotalDistributionRt
Average Distribution0.053424AverageDistributionRt
Net Vl Noncharitable Assets$1,104,316NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$58,997AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct$115NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$59,112AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$60,635QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Domestic Org Meeting Sect4940eYes (X)DomesticOrgMeetingSect4940eInd
Investment Income Excise Tax$115InvestmentIncomeExciseTaxAmt
Tax Under Section511$0TaxUnderSection511Amt
Subtotal$115SubtotalAmt
Tax Based On Investment Income$115TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$680EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits$680TotalPaymentsAndCreditsAmt
Original Return Overpayment-$680OriginalReturnOverpaymentAmt
Overpayment$565OverpaymentAmt
Applied To ES Tax$565AppliedToESTaxAmt

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
Individual With BooksRICHARD R HOWEIndividualWithBooksNm
Phone9733761568PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line186 Woodfield DrAddressLine1Txt
CityShort HillsCityNm
State AbbreviationNJStateAbbreviationCd
ZIP070781654ZIPCd
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
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

FieldValueIRS element (for citing)
PersonRICHARD R HOWEPersonNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line186 Woodfield DrAddressLine1Txt
CityShort HillsCityNm
State AbbreviationNJStateAbbreviationCd
ZIP07078ZIPCd
FieldValueIRS element (for citing)
TitleTrusteeTitleTxt
Average Hrs Per Wk Devoted To Pos0AverageHrsPerWkDevotedToPosRt
Compensation$0CompensationAmt
Employee Benefit Program$0EmployeeBenefitProgramAmt
Expense Account Other Allwnc$0ExpenseAccountOtherAllwncAmt
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Other Employee Paid Over50k0OtherEmployeePaidOver50kCnt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt
Contractor Paid Over50k0ContractorPaidOver50kCnt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$1,029,900AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$91,233AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$1,121,133TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$1,121,133AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$16,817CashDeemedCharitableAmt
Net Vl Noncharitable Assets$1,104,316NetVlNoncharitableAssetsAmt
Minimum Investment Return$55,216MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$55,216MinimumInvestmentReturnAmt
Tax Based On Investment Income$115TaxBasedOnInvestmentIncomeAmt
Total Tax$115TotalTaxAmt
Distributable Before Adj$55,101DistributableBeforeAdjAmt
Distributable Before Ded$55,101DistributableBeforeDedAmt
Distributable As Adjusted$55,101DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$60,635ExpensesAndContributionsAmt
Qualifying Distributions$60,635QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm$115PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri$60,520AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$55,101DistributableAsAdjustedAmt
Excess Distribution Cyov Yr1$23,930ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$23,930TotalExcessDistributionCyovAmt
Qualifying Distributions$60,635QualifyingDistributionsAmt
Applied To Current Year$31,171AppliedToCurrentYearAmt
Remaining Distri From Corpus$29,464RemainingDistriFromCorpusAmt
Excess Distri Cyov App CY Corpus$23,930ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY$23,930ExcessDistributionCyovAppCYAmt
Total Corpus$29,464TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$29,464ExcessDistriCyovToNextYrAmt
Excess From Current Year$29,464ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerRICHARD R HOWEContributingManagerNm
Shareholder ManagerNONEShareholderManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp

Recipient Business Name RecipientBusinessName

FieldValueIRS element (for citing)
Business Name Line1See Attached ScheduleBusinessNameLine1Txt

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line1See Attached ScheduleAddressLine1Txt
CitySchAttachedCityNm
State AbbreviationNJStateAbbreviationCd
ZIP07039ZIPCd
FieldValueIRS element (for citing)
Recipient Foundation StatusQualifiedRecipientFoundationStatusTxt
Grant Or Contribution PurposeUnrestricted Usein Charitable EndeavorGrantOrContributionPurposeTxt
Amt$60,635Amt
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$60,635TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$1ExclusionAmt

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$5,169ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion$7,622ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$12,792ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$12,792TotalIncomeProducingActyAmt

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

All Oth Prog Rltd Investments Sch AllOthProgRltdInvestmentsSch

All Other Program Related Invst AllOtherProgramRelatedInvstGrp

FieldValueIRS element (for citing)
DescNoneDesc

Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch

Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp

FieldValueIRS element (for citing)
AssetCapital Gain DistributionsAssetDesc
How AcquiredPurchasedHowAcquiredTxt
Sold2014-12SoldDt
Gross Sales Price$7,622GrossSalesPriceAmt
Total Net$7,622TotalNetAmt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (6 entries)

StockStockNmEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
3 sh Berkshire Hathaway Inc.$678,000$678,000
4346.717 sh FMC Select Fund$134,053$134,053
3958.083 sh FMC Strategic Value Fund$113,795$113,795
1200 sh CVS Caremark$115,572$115,572
1200 sh Reckitt Benckiser$95,447$95,447
1200 sh Indivior plc$2,796$2,796

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail

FieldValueIRS element (for citing)
DescChange in Unrealized AppreciationDesc
Amt$170,200Amt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

CategoryCategoryTxtAmtAmtNet Investment IncomeNetInvestmentIncomeAmt
Federal Excise Tax$1,342$1,342
NJ Filing Fee$30

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