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DENISE A AND EUGENE W CHINERY FOUNDATION INC: Form 990PF, tax year 2013

View the entire original 990 at ProPublica ↗

Organization
DENISE A AND EUGENE W CHINERY FOUNDATION INC (EIN 22-3705537)
Tax period
2013-01-01 to 2013-12-31
Filed
2014-05-14
IRS object ID
201401349349101600
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 ReturnHeader

FieldValueIRS element (for citing)
Return2014-05-14T10:56:36-05:00ReturnTs
Tax Period End2013-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1BDO USA LLPBusinessNameLine1

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line190 Woodbridge Ctr Dr Ste 400AddressLine1
CityWoodbridgeCity
StateNJState
ZIP Code07095ZIPCode
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2013-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN223705537EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1DENISE A& EUGENE CHINERY FOUNDATIONBusinessNameLine1
FieldValueIRS element (for citing)
In Care Of% EUGENE W CHINERYInCareOfNm
Business Name ControlDENIBusinessNameControlTxt
Phone7327500900PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1C/O R KLEIN BDO USA LLPAddressLine1
Address Line290 WOODBRIDGE CENTER DRIVE Suite 4tAddressLine2
CityWOODBRIDGECity
StateNJState
ZIP Code07095ZIPCode

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonEugene ChineryPersonNm
Person TitleOfficerPersonTitleTxt
Phone7327500900PhoneNum
Signature2014-05-12SignatureDt

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Phone7327500900PhoneNum
FieldValueIRS element (for citing)
Tax2013TaxYr
Build TS2015-12-30 17:16:21ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$295,523FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$0ContriRcvdRevAndExpnssAmt
Dividends Rev And Expnss$5,513DividendsRevAndExpnssAmt
Dividends Net Invst Incm$5,513DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$82,354NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$101,812GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$82,354CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$87,867TotalRevAndExpnssAmt
Total Net Invst Incm$87,867TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$0CompOfcrDirTrstRevAndExpnssAmt
Taxes Rev And Expnss$1,041TaxesRevAndExpnssAmt
Taxes Net Invst Incm$1,041TaxesNetInvstIncmAmt
Other Expenses Rev And Expnss$150OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$150OtherExpensesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss$1,191TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$1,191TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$0ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$0ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$1,191TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$1,191TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$0TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$86,676ExcessRevenueOverExpensesAmt
Net Investment Income$86,676NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$31,963SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$54,357SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$54,357SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY$95,114CorporateStockBOYAmt
Corporate Stock EOY$159,112CorporateStockEOYAmt
Corporate Stock EOYFMV$241,166CorporateStockEOYFMVAmt
Total Assets BOY$127,077TotalAssetsBOYAmt
Total Assets EOY$213,469TotalAssetsEOYAmt
Total Assets EOYFMV$295,523TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow SFAS117Yes (X)OrgDoesNotFollowSFAS117Ind
Retained Earning BOY$127,077RetainedEarningBOYAmt
Retained Earning EOY$213,469RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$127,077TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$213,469TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$127,077TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$213,469TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$127,077TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$86,676ExcessRevenueOverExpensesAmt
Subtotal$213,753SubtotalAmt
Other Decreases$284OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY$213,469TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (3 entries)

PropertyPropertyDescHow AcquiredHowAcquiredCdAcquiredAcquiredDtSoldSoldDtGross Sales PriceGrossSalesPriceAmtCost Or Other BasisCostOrOtherBasisAmtGain Or LossGainOrLossAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
200 OCCDENTIAL PETROLEUM CORPP2003-07-152013-02-25$16,345$3,243$13,102$13,102
400 OCCIDENTAL PETROLEUM CORPP2003-07-152013-04-04$31,970$6,486$25,484$25,484
600 OCCIDENTAL PETROLEUM CORPP2003-07-152013-05-15$53,497$9,729$43,768$43,768
FieldValueIRS element (for citing)
Capital Gain Net Income$82,354CapitalGainNetIncomeAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$125,565AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$299,310NetVlNoncharitableAssetsYr1Amt
Distribution Yr10.419515DistributionYr1Rt
Adjusted Qlfy Distri Yr2$14,000AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$360,327NetVlNoncharitableAssetsYr2Amt
Distribution Yr20.038854DistributionYr2Rt
Adjusted Qlfy Distri Yr3$75,434AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$366,919NetVlNoncharitableAssetsYr3Amt
Distribution Yr30.205588DistributionYr3Rt
Adjusted Qlfy Distri Yr4$22,500AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4$317,825NetVlNoncharitableAssetsYr4Amt
Distribution Yr40.070794DistributionYr4Rt
Adjusted Qlfy Distri Yr5$52,500AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5$384,927NetVlNoncharitableAssetsYr5Amt
Distribution Yr50.136389DistributionYr5Rt
Total Distribution0.87114TotalDistributionRt
Average Distribution0.174228AverageDistributionRt
Net Vl Noncharitable Assets$268,620NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$46,801AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct$867NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$47,668AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$0QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$1,734InvestmentIncomeExciseTaxAmt
Subtotal$1,734SubtotalAmt
Tax Based On Investment Income$1,734TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$565EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits$565TotalPaymentsAndCreditsAmt
Form2220 AttachedYes (X)Form2220AttachedInd
Tax Due$1,169TaxDueAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateNJOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1EUGENE W CHINERYBusinessNameLine1
FieldValueIRS element (for citing)
Phone2124216377PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1870 UN PLAZAAddressLine1
CityNEW YORKCity
StateNYState
ZIP Code10017ZIPCode
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
Undistributed Income PYfalseUndistributedIncomePYInd
Undistr Incm Sect4942a2 Not AppfalseUndistrIncmSect4942a2NotAppInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Proceeds Or Net IncomefalseProceedsOrNetIncomeInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (2 entries)

Address Line1USAddress/AddressLine1CityUSAddress/CityStateUSAddress/StateZIP CodeUSAddress/ZIPCodeTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
EUGENE W CHINERY
870 UN PLAZANEW YORKNY10017PRES./TREAS.0$0$0$0
DENISE A CHINERY
870 UN PLAZANEW YORKNY10017VICE PRES./SECY0$0$0$0
FieldValueIRS element (for citing)
Summary Of Direct Chrtbl ActySummaryOfDirectChrtblActyGrp
Sum Of Program Related InvstSumOfProgramRelatedInvstGrp

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$220,173AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$52,538AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$272,711TotalFMVOfUnusedAssetsAmt
Acquisition Indebtedness$0AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast$272,711AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$4,091CashDeemedCharitableAmt
Net Vl Noncharitable Assets$268,620NetVlNoncharitableAssetsAmt
Minimum Investment Return$13,431MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$13,431MinimumInvestmentReturnAmt
Tax Based On Investment Income$1,734TaxBasedOnInvestmentIncomeAmt
Total Tax$1,734TotalTaxAmt
Distributable Before Adj$11,697DistributableBeforeAdjAmt
Distributable Before Ded$11,697DistributableBeforeDedAmt
Distributable As Adjusted$11,697DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

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

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$11,697DistributableAsAdjustedAmt
Undistributed Income PY$0UndistributedIncomePYAmt
Prior Year12011PriorYear1Yr
Prior Year22010PriorYear2Yr
Prior Year32009PriorYear3Yr
Total For Prior Years$0TotalForPriorYearsAmt
Excess Distribution Cyov Yr5$33,443ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$6,752ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$57,220ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr1$111,469ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$208,884TotalExcessDistributionCyovAmt
Qualifying Distributions$0QualifyingDistributionsAmt
Applied To Year1$0AppliedToYear1Amt
Remaining Distri From Corpus$0RemainingDistriFromCorpusAmt
Excess Distri Cyov App CY Corpus$11,697ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY$11,697ExcessDistributionCyovAppCYAmt
Total Corpus$197,187TotalCorpusAmt
Prior Year Undistributed Incm$0PriorYearUndistributedIncmAmt
Taxable1$0Taxable1Amt
Taxable2$0Taxable2Amt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$21,746ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$175,441ExcessDistriCyovToNextYrAmt
Excess From Year4$6,752ExcessFromYear4Amt
Excess From Year3$57,220ExcessFromYear3Amt
Excess From Year1$111,469ExcessFromYear1Amt
FieldValueIRS element (for citing)
Private Operating FoundationsPrivateOperatingFoundationsGrp

Supplementary Information SupplementaryInformationGrp

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

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

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

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$5,513ExclusionAmt
FieldValueIRS element (for citing)
Net Rntl Incm Re Debt Fincd PropNetRntlIncmReDebtFincdPropGrp
Net Rntl Incm Re Not Debt Fincd PropNetRntlIncmReNotDebtFincdProp
Net Rental Income Personal PropNetRentalIncomePersonalPropGrp
Other Investment Incm Part VIIOtherInvestmentIncmPartVIIGrp

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion$82,354ExclusionAmt
FieldValueIRS element (for citing)
Net Income Loss From Special EvtNetIncomeLossFromSpecialEvtGrp
Gross Profit Loss Sls Of InvntryGrossProfitLossSlsOfInvntryGrp

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$87,867ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$87,867TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Depreciation Schedule DepreciationSchedule

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (9 entries)

StockStockNmEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
50 APPLE INC$21,586$28,051
800 CISCO SYSTEMS INC$17,384$17,944
500 EXXON MOBIL CORPORATION$17,061$50,600
1500 GENERAL ELECTRIC$48,866$42,045
600 OCCIDENTAL PETE CORP$9,729$57,060
200 YUM! BRANDS INC$14,961$15,122
150 VGT ETF$10,972$13,431
300 VWO ETF$13,548$12,342
494 HEMZX MUTUAL FUND$5,005$4,571

Investments Land Schedule2 InvestmentsLandSchedule2

Land Etc Schedule2 LandEtcSchedule2

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail

FieldValueIRS element (for citing)
DescriptionADJUSTMENT FOR CASH BALANCEDescription
Amount$284Amount

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp

FieldValueIRS element (for citing)
DescUBS 86129 2J FEESDesc
Revenue And Expenses Per Books$150RevenueAndExpensesPerBooksAmt
Net Investment Income$150NetInvestmentIncomeAmt

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail

FieldValueIRS element (for citing)
DescFUNDS RECEIVEDDesc

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

CategoryCategoryTxtAmtAmtNet Investment IncomeNetInvestmentIncomeAmt
FEDERAL TAXES$1,000$1,000
FOREIGN TAXES$41$41

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