SALVAGGIO FAMILY FOUNDATION TR 10011998: Form 990PF, tax year 2013
View the entire original 990 at ProPublica ↗
- Organization
- SALVAGGIO FAMILY FOUNDATION TR 10011998 (EIN 25-6614812)
- Tax period
- 2013-01-01 to 2013-12-31
- Filed
- 2014-10-06
- IRS object ID
- 201412799349100151
- Schema version
- 2013v3.0
- 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
- Accounting Fees Schedule
- Investments Corp Stock Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2014-10-06T06:11:43-05:00 | ReturnTs |
| Tax Period End | 2013-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 232620120 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CONCANNON MILLER & CO PC | BusinessNameLine1 |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1525 VALLEY CENTER PARKWAY SUITE | AddressLine1 |
| Address Line2 | 300 | AddressLine2 |
| City | BETHLEHEM | City |
| State | PA | State |
| ZIP Code | 180172285 | 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 | 256614812 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SALVAGGIO FAMILY FOUNDATION CO NORENE SALVAGGIO | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | SALV | BusinessNameControlTxt |
| Phone | 6105305000 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1390 RIDGEVIEW DRIVE NO 300 | AddressLine1 |
| City | ALLENTOWN | City |
| State | PA | State |
| ZIP Code | 18104 | ZIPCode |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | NORENE L SALVAGGIO | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 6105305000 | PhoneNum |
| Signature | 2014-10-02 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| PTIN | P00122679 | PTIN |
| Phone | 6104335501 | 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 | $9,382,689 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $10,192 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $10,192 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $166,410 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $143,302 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $25,683 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $3,326,798 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $411,424 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $4,899 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $4,899 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $207,184 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $569,817 | 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 |
| Accounting Fees Rev And Expnss | $7,340 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $3,670 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $0 | AccountingFeesChrtblPrpsAmt |
| Taxes Rev And Expnss | $9,564 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $1,221 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $15,957 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $15,957 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $0 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $32,861 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $20,848 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $563,058 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $563,058 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $595,919 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $20,848 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $563,058 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$388,735 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $548,969 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $925,189 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $614,602 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $614,602 | SavAndTempCashInvstEOYFMVAmt |
| Rcvbl From Officers BOY | $500 | RcvblFromOfficersBOYAmt |
| Rcvbl From Officers EOY | $500 | RcvblFromOfficersEOYAmt |
| Rcvbl From Officers EOYFMV | $500 | RcvblFromOfficersEOYFMVAmt |
| Corporate Stock BOY | $8,083,342 | CorporateStockBOYAmt |
| Corporate Stock EOY | $7,997,901 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $8,767,587 | CorporateStockEOYFMVAmt |
| Total Assets BOY | $9,009,031 | TotalAssetsBOYAmt |
| Total Assets EOY | $8,613,003 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $9,382,689 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Capital Stock BOY | $0 | CapitalStockBOYAmt |
| Capital Stock EOY | $0 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $9,009,031 | RetainedEarningBOYAmt |
| Retained Earning EOY | $8,613,003 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $9,009,031 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $8,613,003 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $9,009,031 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $8,613,003 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $9,009,031 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$388,735 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $8,620,296 | SubtotalAmt |
| Other Decreases | $7,293 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $8,613,003 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (6 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|
| SALES OF PUBLICLY TRADED SECURITIES | D | $731,754 | $280,079 | $451,675 | $451,675 |
| SALES OF PUBLICLY TRADED SECURITIES | P | $1,084,775 | $1,107,832 | -$23,057 | -$23,057 |
| SALES OF PUBLICLY TRADED SECURITIES | P | $89,124 | $103,461 | -$14,337 | -$14,337 |
| ML 7H1-04008 SALES OF PUBLICLY TRADED SECURITIES | P | $625,012 | $574,002 | $51,010 | $51,010 |
| ML 7H1-04C38 SALES OF PUBLICLY TRADED SECURITIES | P | $783,104 | $850,000 | -$66,896 | -$66,896 |
| CAPITAL GAINS DIVIDENDS | P | $13,029 | $13,029 | $13,029 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $411,424 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | 0 | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $1,776,303 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $8,463,662 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.209874 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $772,447 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $8,994,628 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.085879 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $802,391 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $6,854,995 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.117052 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $845,543 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $5,937,048 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.142418 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $731,635 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $9,317,123 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.078526 | DistributionYr5Rt |
| Total Distribution | 0.633749 | TotalDistributionRt |
| Average Distribution | 0.126750 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $8,497,418 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $1,077,048 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $5,490 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $1,082,538 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $563,058 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $10,979 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $10,979 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $10,979 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $11,589 | EstimatedPlusOvpmtIncmTxAmt |
| Applied To Es Tax | $3,000 | AppliedToEsTaxAmt |
| Total Payments And Credits | $14,589 | TotalPaymentsAndCreditsAmt |
| Overpayment | $3,610 | OverpaymentAmt |
| Applied To ES Tax | $3,610 | 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 | PA | 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 | NORENE L SALVAGGIO | IndividualWithBooksNm |
| Phone | 6105305000 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1390 RIDGEVIEW DRIVE SUITE 300 | AddressLine1 |
| City | ALLENTOWN | City |
| State | PA | State |
| ZIP Code | 18104 | ZIPCode |
| 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 (4 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 |
|---|---|---|---|---|---|---|---|---|
| NORENE L SALVAGGIO | ||||||||
| 1432 CEDARWOOD ROAD | ALLENTOWN | PA | 18104 | TRUSTEE | 1.00 | $0 | $0 | $0 |
| THOMAS A SALVAGGIO | ||||||||
| 6124 HAASADAHL ROAD | OREFIELD | PA | 18069 | TRUSTEE | 1.00 | $0 | $0 | $0 |
| CHRISTY A GHIGIARELLI | ||||||||
| 26 FITZGERALD DRIVE | MOOSIC | PA | 18507 | TRUSTEE | 1.00 | $0 | $0 | $0 |
| SUZIE A SPINOSA | ||||||||
| 3018 BARRINGTON LANE | ALLENTOWN | PA | 18103 | TRUSTEE | 1.00 | $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 | $7,510,598 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $1,116,222 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $8,626,820 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $8,626,820 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $129,402 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $8,497,418 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $424,871 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $424,871 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $10,979 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $10,979 | TotalTaxAmt |
| Distributable Before Adj | $413,892 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $413,892 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $413,892 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $563,058 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $563,058 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $563,058 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $413,892 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $270,407 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $551,783 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $463,337 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $347,131 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $1,369,814 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $3,002,472 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $563,058 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $413,892 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $149,166 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $3,151,638 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $270,407 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $2,881,231 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $551,783 | ExcessFromYear4Amt |
| Excess From Year3 | $463,337 | ExcessFromYear3Amt |
| Excess From Year2 | $347,131 | ExcessFromYear2Amt |
| Excess From Year1 | $1,369,814 | ExcessFromYear1Amt |
| Excess From Current Year | $149,166 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | NORENE L SALVAGGIO | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (47 entries)
| Address Line1RecipientUSAddress/AddressLine1 | CityRecipientUSAddress/City | StateRecipientUSAddress/State | ZIP CodeRecipientUSAddress/ZIPCode | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| ALLENTOWN DIOCESE | |||||||
| 1515 MARTIN LUTHER KING DR | ALLENTOWN | PA | 18102 | N/A | PUBLIC | CHARITABLE | $51,000 |
| ALLENTOWN RESCUE MISSION | |||||||
| 355 HAMILTON STREET PO BOX 748 | ALLENTOWN | PA | 18105 | N/A | PUBLIC | CHARITABLE | $12,000 |
| ALZHEIMERS | |||||||
| 617 MAIN STREET A | HELLERTOWN | PA | 18055 | N/A | PUBLIC | CHARITABLE | $100 |
| AMERICAN CANCER SOCIETY | |||||||
| 3893 ADLER PLACE SUITE 170 | BETHLEHEM | PA | 18017 | N/A | PUBLIC | CHARITABLE | $5,000 |
| AMERICAN DIABETES ASSOCIATION | |||||||
| 1701 NORTH BEAUREGARD STREET | ALEXANDRIA | VA | 22311 | N/A | PUBLIC | CHARITABLE | $400 |
| AMERICAN HEART ASSOCIATION | |||||||
| 7272 GREENVILLE AVE | DALLAS | TX | 75231 | N/A | PUBLIC | CHARITABLE | $10,000 |
| BEN FRANKLIN TECHNOLOGY PARTNERS | |||||||
| 4801 S BROAD STREET SUITE 200 | PHILADELPHIA | PA | 19112 | N/A | PUBLIC | CHARITABLE | $1,000 |
| BERNARDINE FRANSCISCAN SISTERS | |||||||
| 450 ST BERNARDINE STREET | READING | PA | 19607 | N/A | PUBLIC | CHARITABLE | $1,000 |
| BOY SCOUTS MINSI TRAIL | |||||||
| PO BOX 20624 | ALLENTOWN | PA | 18002 | N/A | PUBLIC | CHARITABLE | $6,000 |
| BOYS & GIRLS CLUB | |||||||
| 720 N SIXTH STREET | ALLENTOWN | PA | 18102 | N/A | PUBLIC | CHARITABLE | $17,300 |
| BOYS TOWN | |||||||
| 14100 CRAWFORD STREET | BOYS TOWN | NE | 68010 | N/A | PUBLIC | CHARITABLE | $1,000 |
| BROOMFIELD FISH | |||||||
| 26 GARDEN CENTER SUITE 1 | BROOMFIELD | CO | 80020 | N/A | PUBLIC | CHARITABLE | $1,000 |
| CAI EDUCATION ADVANCEMENT TRUST | |||||||
| 1390 RIDGEVIEW DRIVE | ALLENTOWN | PA | 18104 | N/A | PRIVATE OPERATING FO | CHARITABLE | $45,000 |
| CASA JACINTA & FRANCISCO INC | |||||||
| 5021 MAXWELL CIRCLE 210 | NAPLES | FL | 34105 | N/A | PUBLIC | CHARITABLE | $100 |
| CATHOLIC CHARITIES | |||||||
| 2141 DOWNY FLAKE LANE | ALLENTOWN | PA | 18103 | N/A | PUBLIC | CHARITABLE | $10,000 |
| CATO INSTITUTE | |||||||
| 1000 MASSACHUSETTS AVE NW | WASHINGTON | DC | 20001 | N/A | PUBLIC | CHARITABLE | $1,000 |
| CETRONIA AMBULANCE | |||||||
| 7355 WILLIAM AVENUE | ALLENTOWN | PA | 18106 | N/A | PUBLIC | CHARITABLE | $70 |
| COHEN FEELEY CHARITABLE FOUNDATION | |||||||
| 2851 BAGLYOS CIRCLE | BETHLEHEM | PA | 18044 | N/A | PUBLIC | CHARITABLE | $500 |
| COMMUNITY SERVICES FOR CHILDREN | |||||||
| 1520 HANOVER AVE | ALLENTOWN | PA | 18109 | N/A | PUBLIC | CHARITABLE | $5,000 |
| COVENANT HOUSE | |||||||
| 31 E ARMAT STREET | PHILADELPHIA | PA | 19144 | N/A | PUBLIC | CHARITABLE | $1,000 |
| CYSTIC FIBROSIS FOUNDATION | |||||||
| 1541 ALTA DRIVE | WHITEHALL | PA | 18052 | N/A | PUBLIC | CHARITABLE | $4,100 |
| DESALES UNIVERSITY | |||||||
| 2755 STATION AVE | CENTER VALLEY | PA | 18034 | N/A | PUBLIC | CHARITABLE | $5,500 |
| EASTER SEALS | |||||||
| 233 SOUTH WACKER DRIVE SUITE 2400 | CHICAGO | IL | 60606 | N/A | PUBLIC | CHARITABLE | $20,000 |
| EASTON BOYS AND GIRLS CLUB | |||||||
| PO BOX 741 | EASTON | PA | 18044 | N/A | PUBLIC | CHARITABLE | $2,000 |
| EMBRACE YOUR DREAMS | |||||||
| 424 CENTER STREET | BETHLEHEM | PA | 18018 | N/A | PUBLIC | CHARITABLE | $8,000 |
| GOLF ASSOCIATION OF PHILADEPHIA | |||||||
| 1974 SPROUL ROAD SUITE 400 | BROOMALL | PA | 19008 | N/A | PUBLIC | CHARITABLE | $500 |
| GOOD SHEPHERD | |||||||
| 1651 N CEDAR CREST BLVD | ALLENTOWN | PA | 18104 | N/A | PUBLIC | CHARITABLE | $1,500 |
| HOLY INFANCY SCHOOL | |||||||
| 127 EAST 4TH STREET | BETHLEHEM | PA | 18015 | N/A | PUBLIC | CHARITABLE | $5,500 |
| JUSTIN SHEFTEL MEMORIAL | |||||||
| 3632 OAKWOOD TRAIL | ALLENTOWN | PA | 18103 | N/A | PUBLIC | CHARITABLE | $500 |
| LEHIGH VALLEY COMMUNITY FOUNDATION | |||||||
| 961 MARCON BLVD | ALLENTOWN | PA | 18109 | N/A | PUBLIC | CHARITABLE | $250 |
| LV HEALTH NETWORK | |||||||
| 1247 S CEDAR CREST BLVD | ALLENTOWN | PA | 18103 | N/A | PUBLIC | CHARITABLE | $5,000 |
| MEALS ON WHEELS | |||||||
| 4240 FRITCH DRIVE | BETHLEHEM | PA | 18020 | N/A | PUBLIC | CHARITABLE | $5,000 |
| MERCY SPECIAL LEARNING CENTER | |||||||
| 830 S WOODWARD ST | ALLENTOWN | PA | 18103 | N/A | PUBLIC | CHARITABLE | $5,000 |
| METROPOLITAN MUSEUM OF ART | |||||||
| 1000 FIFTH AVENUE | NEW YORK | NY | 10028 | N/A | PUBLIC | CHARITABLE | $1,200 |
| NEW LIFE CHURCH | |||||||
| 425 E ROOSEVELT BLVD | PHILADELPHIA | PA | 19120 | N/A | PUBLIC | CHARITABLE | $200 |
| OUR LADY HELP OF CHRISTIANS | |||||||
| 922 HANOVER AVE | ALLENTOWN | PA | 18109 | N/A | PUBLIC | CHARITABLE | $11,238 |
| PARKLAND SCHOOL DISTRICT | |||||||
| 1210 SPRINGHOUSE ROAD | ALLENTOWN | PA | 18104 | N/A | PUBLIC | CHARITABL | $10,000 |
| PENN STATE UNIVERSITY | |||||||
| 308 OLD MAIN | UNIVERSITY PARK | PA | 16802 | N/A | PUBLIC | CHARITABLE | $27,000 |
| PENNSYLVANIA SHAKESPEARE FESTIVAL | |||||||
| 2755 STATION AVE | CENTER VALLEY | PA | 18034 | N/A | PUBLIC | CHARITABLE | $1,000 |
| PROSTATE CANCER FOUNDATION | |||||||
| 1250 FOURTH STREET | SANTA MONICA | CA | 90401 | N/A | PUBLIC | CHARITABLE | $250 |
| PUSH THE ROCK | |||||||
| 647 WALNUT STREET | EMMAUS | PA | 18049 | N/A | PUBLIC | CHARITABLE | $7,500 |
| ST LUKE'S | |||||||
| 1227 LIBERTY STREET SUITE 303 | ALLENTOWN | PA | 18102 | N/A | PUBLIC | CHARITABLE | $500 |
| ST THOMAS MORE SCHOOL | |||||||
| 1040 FLEXER AVE | ALLENTOWN | PA | 18103 | N/A | PUBLIC | CHARITABLE | $250,000 |
| ST THOMAS MORE | |||||||
| 1040 FLEXER AVE | ALLENTOWN | PA | 18103 | N/A | PUBLIC | CHARITABLE | $21,100 |
| ST WILLIAMS PARISH | |||||||
| 6200 RISING SUN AVE | PHILADELPHIA | PA | 19111 | N/A | PUBLIC | CHARITABLE | $700 |
| UNIVERSITY OF PITTSBURGH | |||||||
| 4200 FIFTH AVENUE | PITTSBURGH | PA | 15260 | N/A | PUBLIC | CHARITABLE | $1,000 |
| WOODLAWN FIRE DEPT | |||||||
| 1651 WHITEHALL AVENUE | ALLENTOWN | PA | 18104 | N/A | PUBLIC | CHARITABLE | $50 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $563,058 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $10,192 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $166,410 | ExclusionAmt |
Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $4,899 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $25,683 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $207,184 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $207,184 | 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 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $7,340 | Amt |
| Net Investment Income | $3,670 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | PUBLICLY TRADED INVESTMENTS | StockNm |
| EOY Book Value | $7,997,901 | EOYBookValueAmt |
| EOYFMV | $8,767,587 | EOYFMVAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | SECURITIES COST BASIS ADJUSTMENTS | Description |
| Amount | $7,293 | Amount |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | INVESTMENT FEES | Desc |
| Revenue And Expenses Per Books | $15,957 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $15,957 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PARTNERS GROUP PRIVATE EQUITY LLC | Desc |
| Revenue And Expenses Per Books | $4,899 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $4,899 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $4,899 | AdjustedNetIncomeAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| FEDERAL INCOME TAX | $8,343 | $0 | $0 |
| FOREIGN INCOME TAXES | $1,221 | $1,221 | $0 |
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