PROSOURCE FOUNDATION INC: Form 990PF, tax year 2013
View the entire original 990 at ProPublica ↗
- Organization
- PROSOURCE FOUNDATION INC (EIN 22-3842879)
- Tax period
- 2013-01-01 to 2013-12-31
- Filed
- 2014-03-14
- IRS object ID
- 201400739349100610
- Schema version
- 2013v3.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Accounting Fees Schedule
- Depreciation Schedule
- Investments Corp Bonds Schedule
- Investments Govt Obligations Sch
- Investments Land Schedule2
- Investments Other Schedule2
- Land Etc Schedule2
- Other Increases Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2014-03-14T15:07:28-05:00 | ReturnTs |
| Tax Period End | 2013-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WithumSmithBrown PC | BusinessNameLine1 |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1 SPRING STREET | AddressLine1 |
| City | NEW BRUNSWICK | City |
| State | NJ | State |
| ZIP Code | 08901 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2013-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 223842879 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PROSOURCE FOUNDATION INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % THE FOUNDATION | InCareOfNm |
| Business Name Control | PROS | BusinessNameControlTxt |
| Phone | 7322924600 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2231 LANDMARK PLACE | AddressLine1 |
| Address Line2 | Suite | AddressLine2 |
| City | MANASQUAN | City |
| State | NJ | State |
| ZIP Code | 08736 | ZIPCode |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | TRACY CHINERY | PersonNm |
| Person Title | TRUSTEE | PersonTitleTxt |
| Phone | 7322924600 | PhoneNum |
| Signature | 2014-02-25 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Brian Wallace | PreparerPersonNm |
| Phone | 7328281614 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2013 | TaxYr |
| Build TS | 2015-12-30 17:16:21Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $1,218,800 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $0 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $35,844 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $35,844 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $7,682 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $7,682 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $16,650 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $326,262 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $16,650 | CapGainNetIncmNetInvstIncmAmt |
| Net ST Capital Gain Adj Net Incm | $2,565 | NetSTCapitalGainAdjNetIncmAmt |
| Total Rev And Expnss | $60,176 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $60,176 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $2,565 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Accounting Fees Rev And Expnss | $4,750 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $4,750 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $3,845 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $3,845 | OtherProfFeesNetInvstIncmAmt |
| Taxes Rev And Expnss | $780 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $780 | TaxesNetInvstIncmAmt |
| Tot Opr Expenses Rev And Expnss | $9,375 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $4,625 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $4,750 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $80,055 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $80,055 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $89,430 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $4,625 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $84,805 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$29,254 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $55,551 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $2,565 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $135,977 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $40,275 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $40,275 | SavAndTempCashInvstEOYFMVAmt |
| US Government Obligations BOY | $177,629 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $168,514 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $168,514 | USGovtObligationsEOYFMVAmt |
| Corporate Bonds BOY | $612,462 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $685,328 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $685,328 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $253,749 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $324,683 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $324,683 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $4,503 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $4,503 | LandBldgEquipAccumDeprecAmt |
| Total Assets BOY | $1,179,817 | TotalAssetsBOYAmt |
| Total Assets EOY | $1,218,800 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $1,218,800 | TotalAssetsEOYFMVAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Retained Earning BOY | $1,179,817 | RetainedEarningBOYAmt |
| Retained Earning EOY | $1,218,800 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $1,179,817 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $1,218,800 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $1,179,817 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $1,218,800 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $1,179,817 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$29,254 | ExcessRevenueOverExpensesAmt |
| Other Increases | $68,237 | OtherIncreasesAmt |
| Subtotal | $1,218,800 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $1,218,800 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (10 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|
| 25 SH PIMCO EXCH TRADED FUND | 2012-11-14 | 2013-07-24 | $2,525 | $2,539 | -$14 | -$14 |
| 50 SH PIMCO EXCH TRADED FUND | 2012-11-14 | 2013-07-29 | $5,061 | $5,078 | -$17 | -$17 |
| 500 SH VANGUARD CORP BOND | 2012-02-06 | 2013-09-12 | $40,886 | $44,279 | -$3,393 | -$3,393 |
| 150 SH VANGUARD BOND INDEX | 2012-11-14 | 2013-09-16 | $12,005 | $12,213 | -$208 | -$208 |
| 1150 SH VANGUARD WHITEHALL | 2013-09-16 | $67,512 | $64,708 | $2,804 | $2,804 | |
| 600 SH ISHARES TRUST | 2011-10-11 | 2013-09-16 | $54,993 | $50,608 | $4,385 | $4,385 |
| 350 SH VANGUARD BOND INDEX | 2010-12-10 | 2013-09-16 | $28,011 | $28,244 | -$233 | -$233 |
| 750 SH VANGUARD WHITEHALL FUND | 2011-10-11 | 2013-09-16 | $44,030 | $31,597 | $12,433 | $12,433 |
| 50,000 SH DELL INC | 2009-04-03 | 2013-11-29 | $50,947 | $50,035 | $912 | $912 |
| 200 SH PIMCO EXCH TRADED FUND | 2012-11-14 | 2013-12-10 | $20,292 | $20,311 | -$19 | -$19 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $16,650 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | $2,565 | NetShortTermCapitalGainLossAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $111,945 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $1,220,441 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.091725 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $103,797 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $1,277,912 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.081224 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $148,789 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $1,367,839 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.108777 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $137,065 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $1,418,272 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.096642 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $115,606 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $1,499,314 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.077106 | DistributionYr5Rt |
| Total Distribution | 0.455474 | TotalDistributionRt |
| Average Distribution | 0.091095 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $1,157,856 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $105,475 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $556 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $106,031 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $84,805 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $1,111 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $1,111 | SubtotalAmt |
| Tax Based On Investment Income | $1,111 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $526 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $526 | TotalPaymentsAndCreditsAmt |
| Tax Due | $585 | TaxDueAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | NJ | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE FOUNDATION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 7322924600 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2231 LANDMARK PLACE | AddressLine1 |
| City | MANASQUAN | City |
| State | NJ | State |
| ZIP Code | 08736 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 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 |
|---|---|---|---|---|---|---|---|---|
| ROBERT CHINERY JR | ||||||||
| 2231 LANDMARK PLACE | MANASQUAN | NJ | 08736 | TRUSTEE | 0.5 | $0 | $0 | $0 |
| TRACY CHINERY | ||||||||
| 2231 LANDMARK PLACE | MANASQUAN | NJ | 08736 | TRUSTEE | 0.5 | $0 | $0 | $0 |
| WILLIAM R HAGAMAN JR | ||||||||
| ONE SPRING STREET | NEW BRUNSWICK | NJ | 08901 | TRUSTEE | 0.5 | $0 | $0 | $0 |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | NONE | Description1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sum Of Program Related Invst | SumOfProgramRelatedInvstGrp |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $1,055,651 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $119,837 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $1,175,488 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $1,175,488 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $17,632 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $1,157,856 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $57,893 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $57,893 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $1,111 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $1,111 | TotalTaxAmt |
| Distributable Before Adj | $56,782 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $56,782 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $56,782 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $84,805 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $0 | CharitableAssetsAcquisPaidAmt |
| Set Aside Suitability Test | $0 | SetAsideSuitabilityTestAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $84,805 | QualifyingDistributionsAmt |
| Adjusted Qualifying Distri | $84,805 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $56,782 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Prior Year1 | 2011 | PriorYear1Yr |
| Prior Year2 | 2010 | PriorYear2Yr |
| Prior Year3 | 2009 | PriorYear3Yr |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $42,194 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $66,695 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $81,661 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $40,955 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $51,925 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $283,430 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $84,805 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Current Year | $56,782 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $28,023 | RemainingDistriFromCorpusAmt |
| Total Corpus | $311,453 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov From Yr5 | $42,194 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $269,259 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $66,695 | ExcessFromYear4Amt |
| Excess From Year3 | $81,661 | ExcessFromYear3Amt |
| Excess From Year2 | $40,955 | ExcessFromYear2Amt |
| Excess From Year1 | $51,925 | ExcessFromYear1Amt |
| Excess From Current Year | $28,023 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | ROBERT CHINERY | ContributingManagerNm |
| Shareholder Manager | NONE | ShareholderManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (8 entries)
| Address Line1RecipientUSAddress/AddressLine1 | CityRecipientUSAddress/City | StateRecipientUSAddress/State | ZIP CodeRecipientUSAddress/ZIPCode | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line2RecipientUSAddress/AddressLine2 |
|---|---|---|---|---|---|---|---|---|
| OCEANS OF LOVE - TAX ID #51-0295320 | ||||||||
| 1709 ROUTE 37 E | TOMS RIVER | NJ | 08753 | NONE | TAX EXEMPT | UNRESTRICTED FOR ORGANIZATION GENERAL PURPOSE | $46,055 | |
| FIRST THINGS FIRST - TAX ID #43-1921463 | ||||||||
| ONE NORTH FIRST STREET SUITE 730 | PHOENIX | AZ | 85004 | NONE | TAX EXEMPT | UNRESTRICTED FOR ORGANIZATION GENERAL PURPOSE | $22,000 | |
| ST ROSE HIGH SCHOOL - TAX ID# 22-3320474 | ||||||||
| 607 SEVENTH AVENUE | BELMAR | NJ | 07719 | NONE | TAX EXEMPT | UNRESTRICTED FOR ORGANIZATION GENERAL PURPOSE | $8,000 | |
| SLED - TAX ID #68-0646236 | ||||||||
| 411 TUTTLE AVENUE | SPRING LAKE | NJ | 07747 | NONE | TAX-EXEMPT | UNRESTRICTED FOR ORGANIZATION GENERAL PURPOSE | $1,000 | |
| RYLA - TAX ID #22-3043474 | ||||||||
| PO BOX 25 | MATAWAN | NJ | 07747 | NONE | TAX-EXEMPT | UNRESTRICTED FOR ORGANIZATION GENERAL PURPOSE | $1,000 | |
| THE SMALL AXE FOUNDATION - TAX ID #46-1395942 | ||||||||
| PO BOX 92 | SPRING LAKE | NJ | 07762 | NONE | UNRESTRICTED FOR ORGANIZATION GENERAL PURPOSE | $1,000 | ||
| ALEXANDRA ROSE TOZZI MEMORIAL | ||||||||
| FOUNDATION - TAX ID 20-6130205 | SPRING LAKE | NJ | 07762 | NONE | UNRESTRICTED FOR ORGANIZATION GENERAL PURPOSE | $500 | PO BOX 47 | |
| TRSR CONTENDORS SPONSORSHIP - TAX ID #27-5459417 | ||||||||
| 425 SURF AVE | BEACHWOOD | NJ | 08722 | NONE | UNRESTRICTED FOR ORGANIZATION GENERAL PURPOSE | $500 | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $80,055 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fees Contracts From Govt Ag | FeesContractsFromGovtAgGrp | |
| Membership Dues And Assmnt | MembershipDuesAndAssmntGrp |
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $35,844 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $7,682 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Rntl Incm Re Debt Fincd Prop | NetRntlIncmReDebtFincdPropGrp | |
| Net Rntl Incm Re Not Debt Fincd Prop | NetRntlIncmReNotDebtFincdProp | |
| Net Rental Income Personal Prop | NetRentalIncomePersonalPropGrp | |
| Other Investment Incm Part VII | OtherInvestmentIncmPartVIIGrp |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $16,650 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $60,176 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $60,176 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $4,750 | Amt |
| Disbursements Charitable Prps | $4,750 | DisbursementsCharitablePrpsAmt |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | DELL | PropertyDesc |
| Acquired | 2006-01-10 | AcquiredDt |
| Cost Or Other Basis | $4,503 | CostOrOtherBasisAmt |
| Prior Year Depreciation | $4,503 | PriorYearDepreciationAmt |
| Computation Method | M5 | ComputationMethodTxt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | CORPORATE BONDS | BondNm |
| EOY Book Value | $685,328 | EOYBookValueAmt |
| EOYFMV | $685,328 | EOYFMVAmt |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $168,514 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $168,514 | USGovtObligationsEOYFMVAmt |
Investments Land Schedule2 InvestmentsLandSchedule2
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | OTHER INVESTMENTS | CategoryOrItemTxt |
| Listed At Cost Or FMV | FMV | ListedAtCostOrFMVCd |
| Book Value | $324,683 | BookValueAmt |
| EOYFMV | $324,683 | EOYFMVAmt |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | DELL | CategoryOrItemTxt |
| Cost Or Other Basis | $4,503 | CostOrOtherBasisAmt |
| Accumulated Depreciation | $4,503 | AccumulatedDepreciationAmt |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | UNREALIZED GAIN ON INVESTMENT | Description |
| Amount | $68,237 | Amount |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | SERVICE FEES | CategoryTxt |
| Amt | $3,845 | Amt |
| Net Investment Income | $3,845 | NetInvestmentIncomeAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | NJ REGISTRATION | CategoryTxt |
| Amt | $780 | Amt |
| Net Investment Income | $780 | NetInvestmentIncomeAmt |