TUNGARE MANOHAR FAMILY FOUNDATION INC: Form 990PF, tax year 2012

View the entire original 990 at ProPublica ↗

Organization
TUNGARE MANOHAR FAMILY FOUNDATION INC (EIN 22-3537431)
Tax period
2012-12-01 to 2013-11-30
Filed
2014-10-14
IRS object ID
201402879349100720
Schema version
2012v2.3
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)
Timestamp2014-10-14T09:02:45-05:00Timestamp
Tax Period End Date2013-11-30TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1WEBER SHAPIRO & COMPANY LLPBusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line1900C LAKE STAddressLine1
CityRAMSEYCity
StateNJState
ZIP Code074461246ZIPCode
FieldValueIRS element (for citing)
Return Type990PFReturnType
Tax Period Begin Date2012-12-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN223537431EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1TUNGARE MANOHAR FAMILY FOUNDATIONBusinessNameLine1
FieldValueIRS element (for citing)
Name ControlTUNGNameControl
Phone9735816277Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line1200 LANIDEX PLAZA 2ND FLOORAddressLine1
Address Line2ROOM/SUITE 2ND FLAddressLine2
CityPARSIPPANYCity
StateNJState
ZIP Code07054ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameSANDEEP TUNGAREName
TitlePRESIDENTTitle
Phone9735816277Phone
Date Signed2014-10-08DateSigned
Authorize Third PartyfalseAuthorizeThirdParty

Preparer Preparer

FieldValueIRS element (for citing)
NameMARK S WEBERName
Phone2013270400Phone
Date Prepared2014-10-10DatePrepared
FieldValueIRS element (for citing)
Tax Year2012TaxYear
Build TS2015-12-30 17:16:21ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Exempt PFXExemptPF
FMV Assets EOY5830529FMVAssetsEOY
Method Of Accounting CashXMethodOfAccountingCash

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Not Required To Attach Schedule BXNotRequiredToAttachScheduleB
Interest On Savings Rev And Expnss1784InterestOnSavingsRevAndExpnss
Interest On Savings Net Invst Incm1784InterestOnSavingsNetInvstIncm
Dividends Rev And Expnss186277DividendsRevAndExpnss
Dividends Net Invst Incm186277DividendsNetInvstIncm
Net Gain Sale Assets Rev And Expnss147NetGainSaleAssetsRevAndExpnss
Gross Sales Price343999GrossSalesPrice
Other Income Rev And Expnss4882OtherIncomeRevAndExpnss
Total Revenue And Expenses193090TotalRevenueAndExpenses
Total Net Investment Income188061TotalNetInvestmentIncome
Accounting Fees Rev And Expnss2510AccountingFeesRevAndExpnss
Accounting Fees Adj Net Incm2510AccountingFeesAdjNetIncm
Taxes Rev And Expnss25TaxesRevAndExpnss
Taxes Adj Net Incm25TaxesAdjNetIncm
Trav Conf Meeting Rev And Expnss5296TravConfMeetingRevAndExpnss
Trav Conf Meeting Adj Net Incm5296TravConfMeetingAdjNetIncm
Other Expenses Rev And Expnss27071OtherExpensesRevAndExpnss
Other Expenses Net Invst Incm26706OtherExpensesNetInvstIncm
Other Expenses Adj Net Incm365OtherExpensesAdjNetIncm
Tot Opr Expenses Rev And Expnss34902TotOprExpensesRevAndExpnss
Tot Opr Expenses Net Invst Incm26706TotOprExpensesNetInvstIncm
Tot Opr Expenses Adj Net Incm8196TotOprExpensesAdjNetIncm
Tot Opr Expenses Dsbrs Chrtbl Prps0TotOprExpensesDsbrsChrtblPrps
Contri Gifts Paid Rev And Expnss267155ContriGiftsPaidRevAndExpnss
Contri Gifts Paid Dsbrs Chrtbl Prps267155ContriGiftsPaidDsbrsChrtblPrps
Total Expenses Rev And Expnss302057TotalExpensesRevAndExpnss
Total Expenses Net Invst Incm26706TotalExpensesNetInvstIncm
Total Expenses Adj Net Incm8196TotalExpensesAdjNetIncm
Total Expenses Dsbrs Chrtbl Prps267155TotalExpensesDsbrsChrtblPrps
Excess Of Revenue Over Expenses-108967ExcessOfRevenueOverExpenses
Net Investment Income161355NetInvestmentIncome

Balance Sheets BalanceSheets

FieldValueIRS element (for citing)
Savings And Temp Cash Invst BOY598290SavingsAndTempCashInvstBOY
Savings And Temp Cash Invst EOY63330SavingsAndTempCashInvstEOY
Savings And Temp Cash Invst EOYFMV63330SavingsAndTempCashInvstEOYFMV
Investments Corp Stock BOY4018451InvestmentsCorpStockBOY
Investments Corp Stock EOY4751286InvestmentsCorpStockEOY
Investments Corp Stock EOYFMV5526879InvestmentsCorpStockEOYFMV
Investments Corp Bonds BOY250187InvestmentsCorpBondsBOY
Investments Other BOY113501InvestmentsOtherBOY
Investments Other EOY237314InvestmentsOtherEOY
Investments Other EOYFMV240320InvestmentsOtherEOYFMV
Total Assets BOY4980429TotalAssetsBOY
Total Assets EOY5051930TotalAssetsEOY
Total Assets EOYFMV5830529TotalAssetsEOYFMV
Total Liabilities EOY0TotalLiabilitiesEOY
Org That Follow SFAS117XOrgThatFollowSFAS117
Unrestricted BOY4980429UnrestrictedBOY
Unrestricted EOY5051930UnrestrictedEOY
Total Net Assets BOY4980429TotalNetAssetsBOY
Total Net Assets EOY5051930TotalNetAssetsEOY
Total Liabilities Net Assets BOY4980429TotalLiabilitiesNetAssetsBOY
Total Liabilities Net Assets EOY5051930TotalLiabilitiesNetAssetsEOY

Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances

FieldValueIRS element (for citing)
Total Net Assets Fund Balances BOY4980429TotalNetAssetsFundBalancesBOY
Excess Of Revenue Over Expenses-108967ExcessOfRevenueOverExpenses
Other Increases180468OtherIncreases
Subtotal5051930Subtotal
Total Net Assets Fund Balances EOY5051930TotalNetAssetsFundBalancesEOY

Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax

FieldValueIRS element (for citing)
Liable For4942 TaxfalseLiableFor4942Tax
Qualifying Distributions Year1183929QualifyingDistributionsYear1
Noncharitable Assets Year14675494NoncharitableAssetsYear1
Distribution Ratio Year10.039339DistributionRatioYear1
Qualifying Distributions Year283616QualifyingDistributionsYear2
Noncharitable Assets Year24395749NoncharitableAssetsYear2
Distribution Ratio Year20.019022DistributionRatioYear2
Total Distribution Ratio0.058361TotalDistributionRatio
Average Distribution Ratio0.029181AverageDistributionRatio
Net Noncharitable Assets5526358NetNoncharitableAssets
Adjusted Noncharitable Assets161265AdjustedNoncharitableAssets
One Percent Net Investment Income1614OnePercentNetInvestmentIncome
Adj Nonchrtbl Assets And One162879AdjNonchrtblAssetsAndOnePct
Qualifying Distributions267155QualifyingDistributions

Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm

FieldValueIRS element (for citing)
Domestic Org Meeting Sect4940eXDomesticOrgMeetingSect4940e
Investment Income Excise Tax1614InvestmentIncomeExciseTax
Subtotal1614Subtotal
Tax Based On Investment Income1614TaxBasedOnInvestmentIncome
Est Tax Payments And Overpayment1406EstTaxPaymentsAndOverpayment
Tax Paid With Extension5000TaxPaidWithExtension
Total Credits And Payments6406TotalCreditsAndPayments
Overpayment4792Overpayment
Amount Credited To Next Year4792AmountCreditedToNextYear

Statements Regarding Activities StatementsRegardingActivities

FieldValueIRS element (for citing)
Legislative Political ActivitiesfalseLegislativePoliticalActivities
More Than100 SpentfalseMoreThan100Spent
Form1120 POL FiledfalseForm1120POLFiled
Activities Not Prev ReportedfalseActivitiesNotPrevReported
Changes To Articles Or BylawsfalseChangesToArticlesOrBylaws
Unrelated Bus Income Over1000falseUnrelatedBusIncomeOver1000
Termination EtcfalseTerminationEtc
At Least5000 In AssetstrueAtLeast5000InAssets
Private Operating FoundationfalsePrivateOperatingFoundation
New Substantial ContributorsfalseNewSubstantialContributors
Interest In Controlled EntityfalseInterestInControlledEntity
Applicable Insurance ContractfalseApplicableInsuranceContract
Comply With Public Inspection RqrtrueComplyWithPublicInspectionRqr
Website AddressN/AWebsiteAddress
Books In Care Of Person NameBONNIE ROGACKIBooksInCareOfPersonName
Books In Care Of Phone Number9735816277BooksInCareOfPhoneNumber

Books In Care Of US Address BooksInCareOfUSAddress

FieldValueIRS element (for citing)
Address Line1200 LANIDEX PLAZAAddressLine1
Address Line22ND FLOORAddressLine2
CityPARSIPPANYCity
StateNJState
ZIP Code07054ZIPCode
FieldValueIRS element (for citing)
Foreign BankfalseForeignBank

Statements Regarding Acty4720 StatementsRegardingActy4720

FieldValueIRS element (for citing)
Sale Or Exchange With Dsqfly PersonfalseSaleOrExchangeWithDsqflyPerson
Borrow Or Lend With Dsqfly PersonfalseBorrowOrLendWithDsqflyPerson
Furnished Goods With Dsqfly PersonfalseFurnishedGoodsWithDsqflyPerson
Pay Compensation To Dsqfly PersonfalsePayCompensationToDsqflyPerson
Transfer Assets To Dsqfly PersonfalseTransferAssetsToDsqflyPerson
Payment To Government OfficalfalsePaymentToGovernmentOffical
Undistributed Income Prior YearsfalseUndistributedIncomePriorYears
Business HoldingsfalseBusinessHoldings
Jeopardy InvestmentsfalseJeopardyInvestments
Uncorrected Jeopardy InvestmentsfalseUncorrectedJeopardyInvestments
Influence LegislationfalseInfluenceLegislation
Influence ElectionfalseInfluenceElection
Grants To IndividualsfalseGrantsToIndividuals
Grants To OrganizationsfalseGrantsToOrganizations
Noncharitable PurposefalseNoncharitablePurpose
Rcv Funds To Pay Prsnl Bnft ContractfalseRcvFundsToPayPrsnlBnftContract
Pay Premiums Prsnl Bnft ContractfalsePayPremiumsPrsnlBnftContract
Prohibited Tax Shelter TransactnfalseProhibitedTaxShelterTransactn

Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo

Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee (2 entries)

Address Line1USAddress/AddressLine1CityUSAddress/CityStateUSAddress/StateZIP CodeUSAddress/ZIPCodeTitleTitleAvg Hours Per Wk Devoted To PositionAvgHoursPerWkDevotedToPositionCompensationCompensationContri To Empl Benefit Plans EtcContriToEmplBenefitPlansEtcExpense Account Other AllowancesExpenseAccountOtherAllowances
SANDEEP TUNGARE
501 JAMES STREETMORRISTOWNNJ07960PRESIDENT10.00000
VIDHYA TUNGARE
501 JAMES STREETMORRISTOWNNJ07960TRUSTEE10.00000
FieldValueIRS element (for citing)
Comp Of Highest Paid Empl NONENONECompOfHighestPaidEmplNONE
Comp Of Hghst Paid Cntrct NONENONECompOfHghstPaidCntrctNONE

Sum Of Program Related Investments SumOfProgramRelatedInvestments

FieldValueIRS element (for citing)
Description1N/ADescription1

Minimum Investment Return MinimumInvestmentReturn

FieldValueIRS element (for citing)
Avg Monthly FMV Of Securities5221739AvgMonthlyFMVOfSecurities
Avg Monthly Cash Balances148457AvgMonthlyCashBalances
FMV All Other Noncharitable Assets240320FMVAllOtherNoncharitableAssets
Total FMV Of Unused Assets5610516TotalFMVOfUnusedAssets
Adj Total FMV Of Unused Assets5610516AdjTotalFMVOfUnusedAssets
Cash Deemed Charitable84158CashDeemedCharitable
Net Noncharitable Assets5526358NetNoncharitableAssets
Minimum Investment Return276318MinimumInvestmentReturn

Distributable DistributableAmount

FieldValueIRS element (for citing)
Minimum Investment Return276318MinimumInvestmentReturn
Tax Based On Investment Income1614TaxBasedOnInvestmentIncome
Total Tax1614TotalTax
Distributable Amount Before Adj274704DistributableAmountBeforeAdj
Distributable Amount Before Ded274704DistributableAmountBeforeDed
Distributable Amount As Adjusted274704DistributableAmountAsAdjusted

Qualifying Distributions QualifyingDistributions

FieldValueIRS element (for citing)
Expenses And Contributions267155ExpensesAndContributions
Qualifying Distributions267155QualifyingDistributions
One Pct Sect4940e Org Net Invst Incm1614OnePctSect4940eOrgNetInvstIncm
Adj Qualifying Distributions265541AdjQualifyingDistributions

Undistributed Income UndistributedIncome

FieldValueIRS element (for citing)
Distributable Amount As Adjusted274704DistributableAmountAsAdjusted
Undistributed Income Prior Year226257UndistributedIncomePriorYear
Qualifying Distributions267155QualifyingDistributions
Applied To Year1226257AppliedToYear1
Applied To Current Year40898AppliedToCurrentYear
Undistributed Income CY233806UndistributedIncomeCY

Supplementary Information SupplementaryInformation

FieldValueIRS element (for citing)
Only Contributes To PreselectedXOnlyContributesToPreselected

Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (9 entries)

Address Line1RecipientUSAddress/AddressLine1CityRecipientUSAddress/CityStateRecipientUSAddress/StateZIP CodeRecipientUSAddress/ZIPCodeRecipient RelationshipRecipientRelationshipPurpose Of Grant Or ContributionPurposeOfGrantOrContributionAmountAmountAddress Line1RecipientForeignAddress/AddressLine1Province Or StateRecipientForeignAddress/ProvinceOrStateCountryRecipientForeignAddress/Country
THE TRUSTEES AT COLUMBIA UNIVERSITY
622 WEST 113TH STREETNEW YORKNY10025NONECHARITABLE AND EDUCATIONAL$50,000
PRINCETON UNIVERSITY PARENTS FUND
P O BOX 5357PRINCETONNJ08544NONECHARITABLE AND EDUCATIONAL$20,000
THE PINGRY ANNUAL FUND
131 MARTINSVILLE ROADBASKING RIDGENJ07920NONECHARITABLE AND EDUCATIONAL$15,000
TECH FOR ALS FOUNDATION
200 LANIDEX PLAZAPARSIPPANYNJ07054NONECHARITABLE AND EDUCATIONAL$50,000
THE PINGRY ANNUAL FUND
131 MARTINSVILLE ROADBASKING RIDGENJ07920NONECHARITABLE AND EDUCATIONAL$100,000
NJ ELITE B BALL CLUBS
2 SOUTH AVE ECRANFORDNJ07016NONECHARITABLE AND EDUCATIONAL$10,000
AKHIL AUTISM FOUNDATION
75 PRESTWICK WAYEDISONNJ08820NONECHARITABLE AND EDUCATIONAL$2,511
LEARN FOR LIFE FOUNDATION
7 ROSEWOOD LANEDENVILLENJ07834NONECHARITABLE AND EDUCATIONAL$1,000
THINK FOUNDATION
NONECHARITABLE AND EDUCATIONAL$18,644A-101 VALMIKIMUMBAIIN
FieldValueIRS element (for citing)
Tot Grant Or Contri Paid During Year267155TotGrantOrContriPaidDuringYear

Analysis Income Producing Acty AnalysisIncomeProducingActy

Int On Savings And Temp Cash Invst IntOnSavingsAndTempCashInvst

FieldValueIRS element (for citing)
Exclusion Code14ExclusionCode
Exclusion$1,784ExclusionAmount

Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII

FieldValueIRS element (for citing)
Exclusion Code14ExclusionCode
Exclusion$186,277ExclusionAmount

Gain Sales Assets Oth Than Invntry GainSalesAssetsOthThanInvntry

FieldValueIRS element (for citing)
Exclusion Code18ExclusionCode
Exclusion$147ExclusionAmount

Other Revenue Described OtherRevenueDescribed (2 entries)

DescriptionDescriptionExclusion CodeExclusionCodeExclusionExclusionAmount
US TREASURY1$9,134
SKS CAPITAL PARTNERS, LLC1-$4,252

Subtotals Part XVIA SubtotalsPartXVIA

FieldValueIRS element (for citing)
Exclusion$193,090ExclusionAmount
FieldValueIRS element (for citing)
Total Part XVIA193090TotalPartXVIA

Trnsfr Tr Rln With Noncharitable EO TrnsfrTrRlnWithNoncharitableEO

FieldValueIRS element (for citing)
Trnsfr Of Cash To Noncharitable EOfalseTrnsfrOfCashToNoncharitableEO
Trnsfr Oth Assets Noncharitable EOfalseTrnsfrOthAssetsNoncharitableEO
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssets
Purchase Assets Noncharitable EOfalsePurchaseAssetsNoncharitableEO
Rental Of Facilities EtcfalseRentalOfFacilitiesEtc
Reimbursement ArrangementsfalseReimbursementArrangements
Loans Or Loan GuaranteesfalseLoansOrLoanGuarantees
Performance Of Services EtcfalsePerformanceOfServicesEtc
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtc
Relationships Noncharitable E OsfalseRelationshipsNoncharitableEOs

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees AccountingFees

FieldValueIRS element (for citing)
CategoryACCOUNTINGCategory
Amount$2,510Amount
Adjusted Net Income2510AdjustedNetIncome

Compensation Explanation CompensationExplanation

Compensation Compensation (2 entries)

SANDEEP TUNGARE
VIDHYA TUNGARE

Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch

Gain Loss Sale Other Asset GainLossSaleOtherAsset (4 entries)

NameNameDate AcquiredDateAcquiredHow AcquiredHowAcquiredDate SoldDateSoldGross Sales PriceGrossSalesPriceBasisBasisTotal NetTotalNet
GENERAL ELECTRIC2012-01PURCHASE2013-11121187121362-175
JP MORGAN CHASE2012-01PURCHASE2013-11126225128825-2600
PIMCO2012-12PURCHASE2013-1188504853293175
JP MORGAN CHASE2013-01PURCHASE2013-1180838336-253

Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule

Investments Corp Bonds InvestmentsCorpBonds (2 entries)

Name Of BondNameOfBond
GENERAL ELECTRIC
JP MORGAN CHASE

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corp Stock InvestmentsCorpStock (2 entries)

Name Of StockNameOfStockEOY Book ValueEOYBookValueEOYFMVEOYFMV
EQUITIES100000142500
MUTUTAL FUNDS46512865384379

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOther (2 entries)

Category Or ItemCategoryOrItemListed At Cost Or FMVListedAtCostOrFMVBook ValueBookValueEOYFMVEOYFMV
PRISMAAT COST6565468660
SKS CAPITALAT COST171660171660

Other Expenses Schedule OtherExpensesSchedule

Other Expenses OtherExpenses (3 entries)

DescriptionDescriptionRevenue And Expenses Per BooksRevenueAndExpensesPerBooksNet Investment IncomeNetInvestmentIncomeAdjusted Net IncomeAdjustedNetIncome
EXPENSES
BROKER FEES2707126706
ANNUAL FEES365

Other Income Schedule2 OtherIncomeSchedule2

Other Income OtherIncome (2 entries)

DescriptionDescriptionRevenue And Expenses Per BooksRevenueAndExpensesPerBooks
US TREASURY9134
SKS CAPITAL PARTNERS, LLC-4252

Other Increases Schedule OtherIncreasesSchedule

Other Increases OtherIncreases (2 entries)

DescriptionDescriptionAmountAmount
ADDITION$176,718
UNREALIZED GAIN/LOSS$3,750

Taxes Schedule TaxesSchedule

Taxes Taxes

FieldValueIRS element (for citing)
CategorySTATE OF DELAWARE FEECategory
Amount$25Amount
Adjusted Net Income25AdjustedNetIncome

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