JAMES ROSENQUIST FOUNDATION INC: Form 990PF, tax year 2012

View the entire original 990 at ProPublica ↗

Organization
JAMES ROSENQUIST FOUNDATION INC (EIN 45-2483492)
Tax period
2012-10-01 to 2013-09-30
Filed
2014-02-10
IRS object ID
201430419349100713
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)
Timestamp2014-02-10T15:26:59-06:00Timestamp
Tax Period End Date2013-09-30TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1DAVIS & GRUTMAN LLPBusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line1275 MADISON AVENUEAddressLine1
CityNEW YORKCity
StateNYState
ZIP Code10016ZIPCode
FieldValueIRS element (for citing)
Return Type990PFReturnType
Tax Period Begin Date2012-10-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN452483492EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1JAMES ROSENQUIST FOUNDATION INCBusinessNameLine1
FieldValueIRS element (for citing)
In Care Of Name% JAMES ROSENQUISTInCareOfName
Name ControlJAMENameControl
Phone2129532900Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line11334 OSOWAW BLVDAddressLine1
Address Line2SuiteAddressLine2
CitySPRING HILLCity
StateFLState
ZIP Code346073736ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameJAMES ROSENQUISTName
TitlePRESIDENTTitle
Phone2129532900Phone
Date Signed2014-02-15DateSigned
Authorize Third PartytrueAuthorizeThirdParty

Preparer Preparer

FieldValueIRS element (for citing)
Phone2129532900Phone
FieldValueIRS element (for citing)
Tax Year2012TaxYear
Build TS2015-12-30 17:16:21ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Address ChangeXAddressChange
Exempt PFXExemptPF
FMV Assets EOY299669FMVAssetsEOY
Method Of Accounting CashXMethodOfAccountingCash

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Received Rev And Expnss100000ContriReceivedRevAndExpnss
Dividends Rev And Expnss11131DividendsRevAndExpnss
Dividends Net Invst Incm11131DividendsNetInvstIncm
Net Gain Sale Assets Rev And Expnss511NetGainSaleAssetsRevAndExpnss
Gross Sales Price511GrossSalesPrice
Capital Gain Net Incm Net Invst Incm511CapitalGainNetIncmNetInvstIncm
Total Revenue And Expenses111642TotalRevenueAndExpenses
Total Net Investment Income11642TotalNetInvestmentIncome
Comp Ofcr Dir Trst Rev And Expnss0CompOfcrDirTrstRevAndExpnss
Taxes Rev And Expnss135TaxesRevAndExpnss
Taxes Dsbrs Chrtbl Prps135TaxesDsbrsChrtblPrps
Other Expenses Rev And Expnss25OtherExpensesRevAndExpnss
Other Expenses Net Invst Incm25OtherExpensesNetInvstIncm
Tot Opr Expenses Rev And Expnss160TotOprExpensesRevAndExpnss
Tot Opr Expenses Net Invst Incm25TotOprExpensesNetInvstIncm
Tot Opr Expenses Dsbrs Chrtbl Prps135TotOprExpensesDsbrsChrtblPrps
Contri Gifts Paid Rev And Expnss0ContriGiftsPaidRevAndExpnss
Contri Gifts Paid Dsbrs Chrtbl Prps0ContriGiftsPaidDsbrsChrtblPrps
Total Expenses Rev And Expnss160TotalExpensesRevAndExpnss
Total Expenses Net Invst Incm25TotalExpensesNetInvstIncm
Total Expenses Dsbrs Chrtbl Prps135TotalExpensesDsbrsChrtblPrps
Excess Of Revenue Over Expenses111482ExcessOfRevenueOverExpenses
Net Investment Income11617NetInvestmentIncome

Balance Sheets BalanceSheets

FieldValueIRS element (for citing)
Investments Corp Stock BOY186742InvestmentsCorpStockBOY
Investments Corp Stock EOY298224InvestmentsCorpStockEOY
Investments Corp Stock EOYFMV299669InvestmentsCorpStockEOYFMV
Total Assets BOY186742TotalAssetsBOY
Total Assets EOY298224TotalAssetsEOY
Total Assets EOYFMV299669TotalAssetsEOYFMV
Total Liabilities EOY0TotalLiabilitiesEOY
Org That Do Not Follow SFAS117XOrgThatDoNotFollowSFAS117
Retained Earnings BOY186742RetainedEarningsBOY
Retained Earnings EOY298224RetainedEarningsEOY
Total Net Assets BOY186742TotalNetAssetsBOY
Total Net Assets EOY298224TotalNetAssetsEOY
Total Liabilities Net Assets BOY186742TotalLiabilitiesNetAssetsBOY
Total Liabilities Net Assets EOY298224TotalLiabilitiesNetAssetsEOY

Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances

FieldValueIRS element (for citing)
Total Net Assets Fund Balances BOY186742TotalNetAssetsFundBalancesBOY
Excess Of Revenue Over Expenses111482ExcessOfRevenueOverExpenses
Subtotal298224Subtotal
Total Net Assets Fund Balances EOY298224TotalNetAssetsFundBalancesEOY

Capital Gains And Losses CapitalGainsAndLosses

FieldValueIRS element (for citing)
Capital Gain Net Income511CapitalGainNetIncome
FieldValueIRS element (for citing)
Qlfy Und Sect4940e For Reduced TaxQlfyUndSect4940eForReducedTax

Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm

FieldValueIRS element (for citing)
Investment Income Excise Tax232InvestmentIncomeExciseTax
Subtotal232Subtotal
Tax Based On Investment Income232TaxBasedOnInvestmentIncome
Total Credits And Payments0TotalCreditsAndPayments
Tax Due232TaxDue

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
Requirements Of Sect508efalseRequirementsOfSect508e
At Least5000 In AssetstrueAtLeast5000InAssets
States Filed WithDEStatesFiledWith
Form990 PF Filed With AG0Form990PFFiledWithAG
Private Operating FoundationfalsePrivateOperatingFoundation
New Substantial ContributorsfalseNewSubstantialContributors
Interest In Controlled EntityfalseInterestInControlledEntity
Applicable Insurance ContractfalseApplicableInsuranceContract
Comply With Public Inspection RqrfalseComplyWithPublicInspectionRqr
Website AddressN/AWebsiteAddress

Books In Care Of Business Name BooksInCareOfBusinessName

FieldValueIRS element (for citing)
Business Name Line1JAMES ROSENQUISTBusinessNameLine1

Books In Care Of US Address BooksInCareOfUSAddress

FieldValueIRS element (for citing)
Address Line11334 OSOWAW BLVDAddressLine1
CitySPRING HILLCity
StateFLState
ZIP Code346073736ZIPCode
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
Uncorrected Prior ActsfalseUncorrectedPriorActs
Undistributed Income Prior YearsfalseUndistributedIncomePriorYears
Undistr Income4942a2 Not AppliedfalseUndistrIncome4942a2NotApplied
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
Proceeds Or Net IncomefalseProceedsOrNetIncome

Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo

Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee (3 entries)

Address Line1USAddress/AddressLine1CityUSAddress/CityStateUSAddress/StateZIP CodeUSAddress/ZIPCodeTitleTitleAvg Hours Per Wk Devoted To PositionAvgHoursPerWkDevotedToPositionCompensationCompensationContri To Empl Benefit Plans EtcContriToEmplBenefitPlansEtcExpense Account Other AllowancesExpenseAccountOtherAllowances
James A Rosenquist
1334 OSOWAW BLVDSPRING HILLFL346073736President0000
Melinda Rosenquist
1334 OSOWAW BLVDSPRING HILLFL346073736Secretary0000
Bennet H Grutman
275 Madison AveNew YorkNY10016Treasurer0000

Summary Of Direct Charitable Acty SummaryOfDirectCharitableActy

FieldValueIRS element (for citing)
Description1N/ADescription1
FieldValueIRS element (for citing)
Sum Of Program Related InvestmentsSumOfProgramRelatedInvestments

Minimum Investment Return MinimumInvestmentReturn

FieldValueIRS element (for citing)
Avg Monthly FMV Of Securities283401AvgMonthlyFMVOfSecurities
Avg Monthly Cash Balances0AvgMonthlyCashBalances
FMV All Other Noncharitable Assets0FMVAllOtherNoncharitableAssets
Total FMV Of Unused Assets283401TotalFMVOfUnusedAssets
Acquisition Indebtedness0AcquisitionIndebtedness
Adj Total FMV Of Unused Assets283401AdjTotalFMVOfUnusedAssets
Cash Deemed Charitable4251CashDeemedCharitable
Net Noncharitable Assets279150NetNoncharitableAssets
Minimum Investment Return13958MinimumInvestmentReturn

Distributable DistributableAmount

FieldValueIRS element (for citing)
Minimum Investment Return13958MinimumInvestmentReturn
Tax Based On Investment Income232TaxBasedOnInvestmentIncome
Total Tax232TotalTax
Distributable Amount Before Adj13726DistributableAmountBeforeAdj
Distributable Amount Before Ded13726DistributableAmountBeforeDed
Distributable Amount As Adjusted13726DistributableAmountAsAdjusted

Qualifying Distributions QualifyingDistributions

FieldValueIRS element (for citing)
Expenses And Contributions135ExpensesAndContributions
Program Related Investments Total0ProgramRelatedInvestmentsTotal
Amounts Paid Acq Charitable Assets0AmountsPaidAcqCharitableAssets
Amounts Set Aside Suitability Test0AmountsSetAsideSuitabilityTest
Amounts Set Aside Cash Distri Test0AmountsSetAsideCashDistriTest
Qualifying Distributions135QualifyingDistributions
Adj Qualifying Distributions135AdjQualifyingDistributions

Undistributed Income UndistributedIncome

FieldValueIRS element (for citing)
Distributable Amount As Adjusted13726DistributableAmountAsAdjusted
Undistributed Income Prior Year0UndistributedIncomePriorYear
Prior Year12010PriorYear1
Prior Year22009PriorYear2
Prior Year32008PriorYear3
Total For Prior Years0TotalForPriorYears
Excess Distri Carryover Year20ExcessDistriCarryoverYear2
Excess Distri Carryover Year111995ExcessDistriCarryoverYear1
Total Excess Distri Carryover11995TotalExcessDistriCarryover
Qualifying Distributions135QualifyingDistributions
Applied To Year10AppliedToYear1
Applied To Current Year135AppliedToCurrentYear
Remaining Distri From Corpus0RemainingDistriFromCorpus
Excess Distri Cyov App CY Corpus11995ExcessDistriCyovAppCYCorpus
Excess Distri Cyov Applied CY11995ExcessDistriCyovAppliedCY
Prior Year Undistributed Income0PriorYearUndistributedIncome
Taxable Amount10TaxableAmount1
Taxable Amount20TaxableAmount2
Undistributed Income CY1596UndistributedIncomeCY
FieldValueIRS element (for citing)
Private Operating FoundationsPrivateOperatingFoundations

Supplementary Information SupplementaryInformation

FieldValueIRS element (for citing)
Contributing ManagerJAMES ROSENQUISTContributingManager
Only Contributes To PreselectedXOnlyContributesToPreselected

Analysis Income Producing Acty AnalysisIncomeProducingActy

FieldValueIRS element (for citing)
Fees Contracts From Govt AgenciesFeesContractsFromGovtAgencies
Membership Dues And AssessmentsMembershipDuesAndAssessments
Int On Savings And Temp Cash InvstIntOnSavingsAndTempCashInvst

Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII

FieldValueIRS element (for citing)
Exclusion Code14ExclusionCode
Exclusion$11,131ExclusionAmount
FieldValueIRS element (for citing)
Net Rental Incm Re Debt Fincd PropNetRentalIncmReDebtFincdProp
Net Rntl Incm Re Not Debt Fincd PropNetRntlIncmReNotDebtFincdProp
Net Rental Incm Personal PropertyNetRentalIncmPersonalProperty
Other Investment Income Part VIIOtherInvestmentIncomePartVII

Gain Sales Assets Oth Than Invntry GainSalesAssetsOthThanInvntry

FieldValueIRS element (for citing)
Exclusion Code18ExclusionCode
Exclusion$511ExclusionAmount
FieldValueIRS element (for citing)
Net Income Loss From Special EventsNetIncomeLossFromSpecialEvents
Gross Profit Loss Sales Of InvntryGrossProfitLossSalesOfInvntry

Subtotals Part XVIA SubtotalsPartXVIA

FieldValueIRS element (for citing)
Exclusion$11,642ExclusionAmount
FieldValueIRS element (for citing)
Total Part XVIA11642TotalPartXVIA

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

Schedule B IRS990ScheduleB

FieldValueIRS element (for citing)
Organization501cXOrganization501c
General RuleXGeneralRule

Contributor Info ContributorInfo

FieldValueIRS element (for citing)
Contributor Number1ContributorNumber
Contributor Name IndividualJames RosenquistContributorNameIndividual

Contributor Address US ContributorAddressUS

FieldValueIRS element (for citing)
Address Line11334 OSOWAW BLVDAddressLine1
CitySPRING HILLCity
StateFLState
ZIP Code346073736ZIPCode
FieldValueIRS element (for citing)
Aggregate Contributions100000AggregateContributions
Person Contribution TypeXPersonContributionType

Depreciation Schedule DepreciationSchedule

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corp Stock InvestmentsCorpStock

FieldValueIRS element (for citing)
Name Of StockBRISTOL - SECURITIESNameOfStock
EOY Book Value298224EOYBookValue
EOYFMV299669EOYFMV

Land Etc Schedule2 LandEtcSchedule2

Other Expenses Schedule OtherExpensesSchedule

Other Expenses OtherExpenses

FieldValueIRS element (for citing)
DescriptionBRISTOL - INVESTMENT EXPENSESDescription
Revenue And Expenses Per Books25RevenueAndExpensesPerBooks
Net Investment Income25NetInvestmentIncome

Taxes Schedule TaxesSchedule

Taxes Taxes

FieldValueIRS element (for citing)
CategoryFEDERAL INCOME TAXESCategory
Amount$135Amount
Disbursements Charitable Prps135DisbursementsCharitablePrps

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