PENINSULA CHARITIES FOUNDATION II: Form 990PF, tax year 2012

View the entire original 990 at ProPublica ↗

Organization: PENINSULA CHARITIES FOUNDATION II (EIN 65-0877197)
Tax period: 2012-07-01 to 2013-06-30
Filed: 2014-05-14
IRS object ID: 201421349349101732
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
Form 990-PF
Accounting Fees Schedule
Compensation Explanation
Other Expenses Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2014-05-14T12:31:32-05:00	Timestamp
Tax Period End Date	2013-06-30	TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	KSDT & CO LLC	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	9300 S DADELAND BLVD STE 600	AddressLine1
City	MIAMI	City
State	FL	State
ZIP Code	331562721	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnType
Tax Period Begin Date	2012-07-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	650877197	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	THE PENINSULA CHARITIES	BusinessNameLine1
Business Name Line2	FOUNDATION II	BusinessNameLine2

Field	Value	IRS element (for citing)
Name Control	PENI	NameControl

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	24 DOCKSIDE LANE PMB 45	AddressLine1
City	KEY LARGO	City
State	FL	State
ZIP Code	33037	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	ELLEN SKOVE	Name
Title	TRUSTEE	Title
Date Signed	2014-05-15	DateSigned
Authorize Third Party	false	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	DANNY GARCIA CPA	Name
Phone	3056703370	Phone
Date Prepared	2014-05-09	DatePrepared

Field	Value	IRS element (for citing)
Tax Year	2012	TaxYear
Build TS	2015-12-30 17:16:21Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Exempt PF	X	ExemptPF
FMV Assets EOY	2420286	FMVAssetsEOY
Method Of Accounting Cash	X	MethodOfAccountingCash

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Field	Value	IRS element (for citing)
Not Required To Attach Schedule B	X	NotRequiredToAttachScheduleB
Interest On Savings Rev And Expnss	240	InterestOnSavingsRevAndExpnss
Interest On Savings Net Invst Incm	240	InterestOnSavingsNetInvstIncm
Total Revenue And Expenses	240	TotalRevenueAndExpenses
Total Net Investment Income	240	TotalNetInvestmentIncome
Accounting Fees Rev And Expnss	1885	AccountingFeesRevAndExpnss
Accounting Fees Net Invst Incm	1885	AccountingFeesNetInvstIncm
Other Expenses Rev And Expnss	430	OtherExpensesRevAndExpnss
Other Expenses Net Invst Incm	430	OtherExpensesNetInvstIncm
Tot Opr Expenses Rev And Expnss	2315	TotOprExpensesRevAndExpnss
Tot Opr Expenses Net Invst Incm	2315	TotOprExpensesNetInvstIncm
Tot Opr Expenses Dsbrs Chrtbl Prps	0	TotOprExpensesDsbrsChrtblPrps
Contri Gifts Paid Rev And Expnss	300	ContriGiftsPaidRevAndExpnss
Contri Gifts Paid Dsbrs Chrtbl Prps	300	ContriGiftsPaidDsbrsChrtblPrps
Total Expenses Rev And Expnss	2615	TotalExpensesRevAndExpnss
Total Expenses Net Invst Incm	2315	TotalExpensesNetInvstIncm
Total Expenses Dsbrs Chrtbl Prps	300	TotalExpensesDsbrsChrtblPrps
Excess Of Revenue Over Expenses	-2375	ExcessOfRevenueOverExpenses
Net Investment Income	0	NetInvestmentIncome

Balance Sheets BalanceSheets

Field	Value	IRS element (for citing)
Savings And Temp Cash Invst BOY	2422661	SavingsAndTempCashInvstBOY
Savings And Temp Cash Invst EOY	2420286	SavingsAndTempCashInvstEOY
Savings And Temp Cash Invst EOYFMV	2420286	SavingsAndTempCashInvstEOYFMV
Total Assets BOY	2422661	TotalAssetsBOY
Total Assets EOY	2420286	TotalAssetsEOY
Total Assets EOYFMV	2420286	TotalAssetsEOYFMV
Total Liabilities EOY	0	TotalLiabilitiesEOY
Org That Do Not Follow SFAS117	X	OrgThatDoNotFollowSFAS117
Retained Earnings BOY	2422661	RetainedEarningsBOY
Retained Earnings EOY	2420286	RetainedEarningsEOY
Total Net Assets BOY	2422661	TotalNetAssetsBOY
Total Net Assets EOY	2420286	TotalNetAssetsEOY
Total Liabilities Net Assets BOY	2422661	TotalLiabilitiesNetAssetsBOY
Total Liabilities Net Assets EOY	2420286	TotalLiabilitiesNetAssetsEOY

Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances

Field	Value	IRS element (for citing)
Total Net Assets Fund Balances BOY	2422661	TotalNetAssetsFundBalancesBOY
Excess Of Revenue Over Expenses	-2375	ExcessOfRevenueOverExpenses
Subtotal	2420286	Subtotal
Total Net Assets Fund Balances EOY	2420286	TotalNetAssetsFundBalancesEOY

Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax

Field	Value	IRS element (for citing)
Liable For4942 Tax	false	LiableFor4942Tax
Qualifying Distributions Year1	101300	QualifyingDistributionsYear1
Noncharitable Assets Year1	2552949	NoncharitableAssetsYear1
Distribution Ratio Year1	0.039680	DistributionRatioYear1
Qualifying Distributions Year2	130600	QualifyingDistributionsYear2
Noncharitable Assets Year2	2552949	NoncharitableAssetsYear2
Distribution Ratio Year2	0.051157	DistributionRatioYear2
Qualifying Distributions Year3	204100	QualifyingDistributionsYear3
Noncharitable Assets Year3	2551054	NoncharitableAssetsYear3
Distribution Ratio Year3	0.080006	DistributionRatioYear3
Qualifying Distributions Year4	151689	QualifyingDistributionsYear4
Noncharitable Assets Year4	2918311	NoncharitableAssetsYear4
Distribution Ratio Year4	0.051978	DistributionRatioYear4
Qualifying Distributions Year5	616491	QualifyingDistributionsYear5
Noncharitable Assets Year5	3144324	NoncharitableAssetsYear5
Distribution Ratio Year5	0.196065	DistributionRatioYear5
Total Distribution Ratio	0.418886	TotalDistributionRatio
Average Distribution Ratio	0.083777	AverageDistributionRatio
Net Noncharitable Assets	2385152	NetNoncharitableAssets
Adjusted Noncharitable Assets	199821	AdjustedNoncharitableAssets
Adj Nonchrtbl Assets And One	199821	AdjNonchrtblAssetsAndOnePct
Qualifying Distributions	300	QualifyingDistributions

Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm

Field	Value	IRS element (for citing)
Investment Income Excise Tax	0	InvestmentIncomeExciseTax
Est Tax Payments And Overpayment	199	EstTaxPaymentsAndOverpayment
Total Credits And Payments	199	TotalCreditsAndPayments
Overpayment	199	Overpayment
Amount Credited To Next Year	199	AmountCreditedToNextYear

Statements Regarding Activities StatementsRegardingActivities

Field	Value	IRS element (for citing)
Legislative Political Activities	false	LegislativePoliticalActivities
More Than100 Spent	false	MoreThan100Spent
Form1120 POL Filed	false	Form1120POLFiled
Activities Not Prev Reported	false	ActivitiesNotPrevReported
Changes To Articles Or Bylaws	false	ChangesToArticlesOrBylaws
Unrelated Bus Income Over1000	false	UnrelatedBusIncomeOver1000
Termination Etc	false	TerminationEtc
Requirements Of Sect508e	true	RequirementsOfSect508e
At Least5000 In Assets	true	AtLeast5000InAssets
States Filed With	FL	StatesFiledWith
Form990 PF Filed With AG	true	Form990PFFiledWithAG
Private Operating Foundation	false	PrivateOperatingFoundation
New Substantial Contributors	false	NewSubstantialContributors
Interest In Controlled Entity	false	InterestInControlledEntity
Applicable Insurance Contract	false	ApplicableInsuranceContract
Comply With Public Inspection Rqr	true	ComplyWithPublicInspectionRqr
Website Address	N/A	WebsiteAddress
Books In Care Of Person Name	ELDEN ENTERPRISES INC	BooksInCareOfPersonName
Books In Care Of Phone Number	3053673321	BooksInCareOfPhoneNumber

Books In Care Of US Address BooksInCareOfUSAddress

Field	Value	IRS element (for citing)
Address Line1	24 DOCKSIDE LANE 477	AddressLine1
City	KEY LARGO	City
State	FL	State
ZIP Code	33037	ZIPCode

Field	Value	IRS element (for citing)
Foreign Bank	false	ForeignBank

Statements Regarding Acty4720 StatementsRegardingActy4720

Field	Value	IRS element (for citing)
Sale Or Exchange With Dsqfly Person	false	SaleOrExchangeWithDsqflyPerson
Borrow Or Lend With Dsqfly Person	false	BorrowOrLendWithDsqflyPerson
Furnished Goods With Dsqfly Person	false	FurnishedGoodsWithDsqflyPerson
Pay Compensation To Dsqfly Person	false	PayCompensationToDsqflyPerson
Transfer Assets To Dsqfly Person	false	TransferAssetsToDsqflyPerson
Payment To Government Offical	false	PaymentToGovernmentOffical
Undistributed Income Prior Years	false	UndistributedIncomePriorYears
Business Holdings	false	BusinessHoldings
Jeopardy Investments	false	JeopardyInvestments
Uncorrected Jeopardy Investments	false	UncorrectedJeopardyInvestments
Influence Legislation	false	InfluenceLegislation
Influence Election	false	InfluenceElection
Grants To Individuals	false	GrantsToIndividuals
Grants To Organizations	false	GrantsToOrganizations
Noncharitable Purpose	false	NoncharitablePurpose
Rcv Funds To Pay Prsnl Bnft Contract	false	RcvFundsToPayPrsnlBnftContract
Pay Premiums Prsnl Bnft Contract	false	PayPremiumsPrsnlBnftContract
Prohibited Tax Shelter Transactn	false	ProhibitedTaxShelterTransactn

Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo

Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee

Field	Value	IRS element (for citing)
Person Name	ELLEN H SKOVE	PersonName

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	47 CARD SOUND RD	AddressLine1
City	KEY LARGO	City
State	FL	State
ZIP Code	33037	ZIPCode

Field	Value	IRS element (for citing)
Title	TRUSTEE	Title
Avg Hours Per Wk Devoted To Position	2.00	AvgHoursPerWkDevotedToPosition
Compensation	0	Compensation
Contri To Empl Benefit Plans Etc	0	ContriToEmplBenefitPlansEtc
Expense Account Other Allowances	0	ExpenseAccountOtherAllowances

Field	Value	IRS element (for citing)
Comp Of Highest Paid Empl NONE	NONE	CompOfHighestPaidEmplNONE
Comp Of Hghst Paid Cntrct NONE	NONE	CompOfHghstPaidCntrctNONE

Sum Of Program Related Investments SumOfProgramRelatedInvestments

Field	Value	IRS element (for citing)
Description1	N/A	Description1

Minimum Investment Return MinimumInvestmentReturn

Field	Value	IRS element (for citing)
Avg Monthly FMV Of Securities	0	AvgMonthlyFMVOfSecurities
Avg Monthly Cash Balances	2421474	AvgMonthlyCashBalances
FMV All Other Noncharitable Assets	0	FMVAllOtherNoncharitableAssets
Total FMV Of Unused Assets	2421474	TotalFMVOfUnusedAssets
Adj Total FMV Of Unused Assets	2421474	AdjTotalFMVOfUnusedAssets
Cash Deemed Charitable	36322	CashDeemedCharitable
Net Noncharitable Assets	2385152	NetNoncharitableAssets
Minimum Investment Return	119258	MinimumInvestmentReturn

Distributable DistributableAmount

Field	Value	IRS element (for citing)
Minimum Investment Return	119258	MinimumInvestmentReturn
Distributable Amount Before Adj	119258	DistributableAmountBeforeAdj
Distributable Amount Before Ded	119258	DistributableAmountBeforeDed
Distributable Amount As Adjusted	119258	DistributableAmountAsAdjusted

Qualifying Distributions QualifyingDistributions

Field	Value	IRS element (for citing)
Expenses And Contributions	300	ExpensesAndContributions
Qualifying Distributions	300	QualifyingDistributions
Adj Qualifying Distributions	300	AdjQualifyingDistributions

Undistributed Income UndistributedIncome

Field	Value	IRS element (for citing)
Distributable Amount As Adjusted	119258	DistributableAmountAsAdjusted
Excess Distri Carryover Year5	435374	ExcessDistriCarryoverYear5
Excess Distri Carryover Year4	6248	ExcessDistriCarryoverYear4
Excess Distri Carryover Year3	76547	ExcessDistriCarryoverYear3
Excess Distri Carryover Year2	101300	ExcessDistriCarryoverYear2
Total Excess Distri Carryover	619469	TotalExcessDistriCarryover
Qualifying Distributions	300	QualifyingDistributions
Applied To Current Year	300	AppliedToCurrentYear
Excess Distri Cyov App CY Corpus	118958	ExcessDistriCyovAppCYCorpus
Excess Distri Cyov Applied CY	118958	ExcessDistriCyovAppliedCY
Total Corpus	500511	TotalCorpus
Undistributed Income CY	0	UndistributedIncomeCY
Excess Distri Cyov From Year5	316416	ExcessDistriCyovFromYear5
Excess Distri Cyov To Next Year	184095	ExcessDistriCyovToNextYear
Excess From Year4	6248	ExcessFromYear4
Excess From Year3	76547	ExcessFromYear3
Excess From Year2	101300	ExcessFromYear2

Supplementary Information SupplementaryInformation

Field	Value	IRS element (for citing)
Contributing Manager	NONE	ContributingManager
Shareholder Manager	NONE	ShareholderManager
Only Contributes To Preselected	X	OnlyContributesToPreselected

Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (2 entries)

Address Line1RecipientUSAddress/AddressLine1	CityRecipientUSAddress/City	StateRecipientUSAddress/State	ZIP CodeRecipientUSAddress/ZIPCode	Purpose Of Grant Or ContributionPurposeOfGrantOrContribution	AmountAmount
AMERICAN LEGION
5610 COLLEGE ROAD	KEY WEST	FL	33040	CHARITABLE	$200
THE SALVATION ARMY
P O BOX 2878	KEY WEST	FL	33040	CHARITABLE	$100

Field	Value	IRS element (for citing)
Tot Grant Or Contri Paid During Year	300	TotGrantOrContriPaidDuringYear

Analysis Income Producing Acty AnalysisIncomeProducingActy

Int On Savings And Temp Cash Invst IntOnSavingsAndTempCashInvst

Field	Value	IRS element (for citing)
Exclusion Code	14	ExclusionCode
Exclusion	$240	ExclusionAmount

Subtotals Part XVIA SubtotalsPartXVIA

Field	Value	IRS element (for citing)
Exclusion	$240	ExclusionAmount

Field	Value	IRS element (for citing)
Total Part XVIA	240	TotalPartXVIA

Trnsfr Tr Rln With Noncharitable EO TrnsfrTrRlnWithNoncharitableEO

Field	Value	IRS element (for citing)
Trnsfr Of Cash To Noncharitable EO	false	TrnsfrOfCashToNoncharitableEO
Trnsfr Oth Assets Noncharitable EO	false	TrnsfrOthAssetsNoncharitableEO
Sales Or Exchanges Of Assets	false	SalesOrExchangesOfAssets
Purchase Assets Noncharitable EO	false	PurchaseAssetsNoncharitableEO
Rental Of Facilities Etc	false	RentalOfFacilitiesEtc
Reimbursement Arrangements	false	ReimbursementArrangements
Loans Or Loan Guarantees	false	LoansOrLoanGuarantees
Performance Of Services Etc	false	PerformanceOfServicesEtc
Sharing Of Facilities Etc	false	SharingOfFacilitiesEtc
Relationships Noncharitable E Os	false	RelationshipsNoncharitableEOs

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees AccountingFees

Field	Value	IRS element (for citing)
Category	ACCOUNTING AND TAX PREPARATION	Category
Amount	$1,885	Amount
Net Investment Income	1885	NetInvestmentIncome

Compensation Explanation CompensationExplanation

Compensation Compensation

Field	Value	IRS element (for citing)
Person Name	ELLEN H SKOVE	PersonName

Other Expenses Schedule OtherExpensesSchedule

Other Expenses OtherExpenses (2 entries)

DescriptionDescription	Revenue And Expenses Per BooksRevenueAndExpensesPerBooks	Net Investment IncomeNetInvestmentIncome
EXPENSES
POST OFFICE BOX	430	430