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Robert C Dart Foundation: Form 990PF, tax year 2012

View the entire original 990 at ProPublica ↗

Organization
Robert C Dart Foundation (EIN 20-5973757)
Tax period
2012-11-01 to 2013-10-31
Filed
2014-08-13
IRS object ID
201432259349100798
Schema version
2012v2.1
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)
Timestamp2014-08-13T15:48:42-05:00Timestamp
Tax Period End Date2013-10-31TaxPeriodEndDate
Return Type990PFReturnType
Tax Period Begin Date2012-11-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN205973757EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1Robert C Dart FoundationBusinessNameLine1
FieldValueIRS element (for citing)
Name ControlROBENameControl
Phone5176763803Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line1500 Hogsback RoadAddressLine1
CityMasonCity
StateMIState
ZIP Code48854ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameFrancis X Liesman IIName
TitleAsst SecretaryTitle
Phone5176763803Phone
Date Signed2014-08-11DateSigned
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 EOY27915774FMVAssetsEOY
Method Of Accounting CashXMethodOfAccountingCash

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Not Required To Attach Schedule BXNotRequiredToAttachScheduleB
Dividends Rev And Expnss62756DividendsRevAndExpnss
Dividends Net Invst Incm62756DividendsNetInvstIncm
Capital Gain Net Incm Net Invst Incm0CapitalGainNetIncmNetInvstIncm
Total Revenue And Expenses62756TotalRevenueAndExpenses
Total Net Investment Income62756TotalNetInvestmentIncome
Comp Ofcr Dir Trst Rev And Expnss0CompOfcrDirTrstRevAndExpnss
Comp Ofcr Dir Trst Net Invst Incm0CompOfcrDirTrstNetInvstIncm
Comp Ofcr Dir Trst Dsbrs Chrtbl Prps0CompOfcrDirTrstDsbrsChrtblPrps
Other Expenses Rev And Expnss219OtherExpensesRevAndExpnss
Other Expenses Net Invst Incm0OtherExpensesNetInvstIncm
Other Expenses Dsbrs Chrtbl Prps219OtherExpensesDsbrsChrtblPrps
Tot Opr Expenses Rev And Expnss219TotOprExpensesRevAndExpnss
Tot Opr Expenses Net Invst Incm0TotOprExpensesNetInvstIncm
Tot Opr Expenses Dsbrs Chrtbl Prps219TotOprExpensesDsbrsChrtblPrps
Contri Gifts Paid Rev And Expnss252358ContriGiftsPaidRevAndExpnss
Contri Gifts Paid Dsbrs Chrtbl Prps252358ContriGiftsPaidDsbrsChrtblPrps
Total Expenses Rev And Expnss252577TotalExpensesRevAndExpnss
Total Expenses Net Invst Incm0TotalExpensesNetInvstIncm
Total Expenses Dsbrs Chrtbl Prps252577TotalExpensesDsbrsChrtblPrps
Excess Of Revenue Over Expenses-189821ExcessOfRevenueOverExpenses
Net Investment Income62756NetInvestmentIncome

Balance Sheets BalanceSheets

FieldValueIRS element (for citing)
Cash EOY4943CashEOY
Cash EOYFMV4943CashEOYFMV
Investments Other BOY28066360InvestmentsOtherBOY
Investments Other EOY27871596InvestmentsOtherEOY
Investments Other EOYFMV27910831InvestmentsOtherEOYFMV
Total Assets BOY28066360TotalAssetsBOY
Total Assets EOY27876539TotalAssetsEOY
Total Assets EOYFMV27915774TotalAssetsEOYFMV
Total Liabilities BOY0TotalLiabilitiesBOY
Total Liabilities EOY0TotalLiabilitiesEOY
Org That Do Not Follow SFAS117XOrgThatDoNotFollowSFAS117
Capital Stock BOY0CapitalStockBOY
Capital Stock EOY0CapitalStockEOY
Paid In Or Capital Surplus BOY0PaidInOrCapitalSurplusBOY
Paid In Or Capital Surplus EOY0PaidInOrCapitalSurplusEOY
Retained Earnings BOY28066360RetainedEarningsBOY
Retained Earnings EOY27876539RetainedEarningsEOY
Total Net Assets BOY28066360TotalNetAssetsBOY
Total Net Assets EOY27876539TotalNetAssetsEOY
Total Liabilities Net Assets BOY28066360TotalLiabilitiesNetAssetsBOY
Total Liabilities Net Assets EOY27876539TotalLiabilitiesNetAssetsEOY

Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances

FieldValueIRS element (for citing)
Total Net Assets Fund Balances BOY28066360TotalNetAssetsFundBalancesBOY
Excess Of Revenue Over Expenses-189821ExcessOfRevenueOverExpenses
Other Increases0OtherIncreases
Subtotal27876539Subtotal
Other Decreases0OtherDecreases
Total Net Assets Fund Balances EOY27876539TotalNetAssetsFundBalancesEOY

Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax

FieldValueIRS element (for citing)
Liable For4942 Tax0LiableFor4942Tax
Qualifying Distributions Year1312720QualifyingDistributionsYear1
Noncharitable Assets Year127845199NoncharitableAssetsYear1
Distribution Ratio Year10.011231DistributionRatioYear1
Qualifying Distributions Year22207081QualifyingDistributionsYear2
Noncharitable Assets Year227155299NoncharitableAssetsYear2
Distribution Ratio Year20.081276DistributionRatioYear2
Qualifying Distributions Year33249886QualifyingDistributionsYear3
Noncharitable Assets Year318266072NoncharitableAssetsYear3
Distribution Ratio Year30.177919DistributionRatioYear3
Qualifying Distributions Year43999235QualifyingDistributionsYear4
Noncharitable Assets Year420423178NoncharitableAssetsYear4
Distribution Ratio Year40.195818DistributionRatioYear4
Qualifying Distributions Year54055113QualifyingDistributionsYear5
Noncharitable Assets Year516065244NoncharitableAssetsYear5
Distribution Ratio Year50.252415DistributionRatioYear5
Total Distribution Ratio0.718659TotalDistributionRatio
Average Distribution Ratio0.143732AverageDistributionRatio
Net Noncharitable Assets27576384NetNoncharitableAssets
Adjusted Noncharitable Assets3963609AdjustedNoncharitableAssets
One Percent Net Investment Income628OnePercentNetInvestmentIncome
Adj Nonchrtbl Assets And One3964237AdjNonchrtblAssetsAndOnePct
Qualifying Distributions252577QualifyingDistributions

Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm

FieldValueIRS element (for citing)
Investment Income Excise Tax1255InvestmentIncomeExciseTax
Tax Under Section5110TaxUnderSection511
Subtotal1255Subtotal
Subtitle A Tax0SubtitleATax
Tax Based On Investment Income1255TaxBasedOnInvestmentIncome
Est Tax Payments And Overpayment400EstTaxPaymentsAndOverpayment
Tax Paid With Extension2000TaxPaidWithExtension
Total Credits And Payments2400TotalCreditsAndPayments
Form2220 AttachedXForm2220Attached
Penalty For Underpayment17PenaltyForUnderpayment
Overpayment1128Overpayment
Amount Credited To Next Year1128AmountCreditedToNextYear
Amount To Be Refunded0AmountToBeRefunded

Statements Regarding Activities StatementsRegardingActivities

FieldValueIRS element (for citing)
Legislative Political Activities0LegislativePoliticalActivities
More Than100 Spent0MoreThan100Spent
Form1120 POL Filed0Form1120POLFiled
Sect4955 Tax On Organization0Sect4955TaxOnOrganization
Sect4955 Tax On Managers0Sect4955TaxOnManagers
Reimbursement Of Tax0ReimbursementOfTax
Activities Not Prev Reported0ActivitiesNotPrevReported
Changes To Articles Or Bylaws0ChangesToArticlesOrBylaws
Unrelated Bus Income Over10000UnrelatedBusIncomeOver1000
Termination Etc0TerminationEtc
Requirements Of Sect508e1RequirementsOfSect508e
At Least5000 In Assets1AtLeast5000InAssets
States Filed WithMIStatesFiledWith
Form990 PF Filed With AG1Form990PFFiledWithAG
Private Operating Foundation0PrivateOperatingFoundation
New Substantial Contributors0NewSubstantialContributors
Interest In Controlled Entity0InterestInControlledEntity
Applicable Insurance Contract0ApplicableInsuranceContract
Comply With Public Inspection Rqr1ComplyWithPublicInspectionRqr
Website AddressForms 990-PF are available at www.guidestar.orgWebsiteAddress
Books In Care Of Person NameTeri HullBooksInCareOfPersonName
Books In Care Of Phone Number5176763803BooksInCareOfPhoneNumber

Books In Care Of US Address BooksInCareOfUSAddress

FieldValueIRS element (for citing)
Address Line1500 Hogsback RoadAddressLine1
CityMasonCity
StateMIState
ZIP Code48854ZIPCode
FieldValueIRS element (for citing)
Foreign Bank0ForeignBank

Statements Regarding Acty4720 StatementsRegardingActy4720

FieldValueIRS element (for citing)
Sale Or Exchange With Dsqfly Person0SaleOrExchangeWithDsqflyPerson
Borrow Or Lend With Dsqfly Person0BorrowOrLendWithDsqflyPerson
Furnished Goods With Dsqfly Person1FurnishedGoodsWithDsqflyPerson
Pay Compensation To Dsqfly Person0PayCompensationToDsqflyPerson
Transfer Assets To Dsqfly Person0TransferAssetsToDsqflyPerson
Payment To Government Offical0PaymentToGovernmentOffical
Acts Fail To Qualify As Exceptions0ActsFailToQualifyAsExceptions
Uncorrected Prior Acts0UncorrectedPriorActs
Undistributed Income Prior Years0UndistributedIncomePriorYears
Business Holdings0BusinessHoldings
Jeopardy Investments0JeopardyInvestments
Uncorrected Jeopardy Investments0UncorrectedJeopardyInvestments
Influence Legislation0InfluenceLegislation
Influence Election0InfluenceElection
Grants To Individuals0GrantsToIndividuals
Grants To Organizations0GrantsToOrganizations
Noncharitable Purpose0NoncharitablePurpose
Tr Fail To Qualify As Exceptions0TrFailToQualifyAsExceptions
Rcv Funds To Pay Prsnl Bnft Contract0RcvFundsToPayPrsnlBnftContract
Pay Premiums Prsnl Bnft Contract0PayPremiumsPrsnlBnftContract
Prohibited Tax Shelter Transactn0ProhibitedTaxShelterTransactn

Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo

Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee (4 entries)

Address Line1ForeignAddress/AddressLine1CityForeignAddress/CityCountryForeignAddress/CountryPostal CodeForeignAddress/PostalCodeTitleTitleAvg Hours Per Wk Devoted To PositionAvgHoursPerWkDevotedToPositionCompensationCompensationContri To Empl Benefit Plans EtcContriToEmplBenefitPlansEtcExpense Account Other AllowancesExpenseAccountOtherAllowancesAddress Line1USAddress/AddressLine1CityUSAddress/CityStateUSAddress/StateZIP CodeUSAddress/ZIPCode
Robert C Dart
PO Box 30229Grand CaymanCJKY1-1201President, Treasurer, & Director0.00000
James D Lammers
Secretary & Director0.00000500 Hogsback RoadMasonMI48854
Francis X Liesman II
Assistant Secretary0.00000500 Hogsback RoadMasonMI48854
Ariane M Dart
PO Box 30229Grand CaymanCJKY1-1201Director0.00000
FieldValueIRS element (for citing)
Comp Of Highest Paid Empl NONENONECompOfHighestPaidEmplNONE
Tot Number Of Oth Empl Paid Over50k0TotNumberOfOthEmplPaidOver50k
Comp Of Hghst Paid Cntrct NONENONECompOfHghstPaidCntrctNONE
Tot Number Of Cntrct Paid Over50k0TotNumberOfCntrctPaidOver50k

Sum Of Program Related Investments SumOfProgramRelatedInvestments

FieldValueIRS element (for citing)
Total0Total

Minimum Investment Return MinimumInvestmentReturn

FieldValueIRS element (for citing)
Avg Monthly FMV Of Securities332445AvgMonthlyFMVOfSecurities
Avg Monthly Cash Balances27663884AvgMonthlyCashBalances
FMV All Other Noncharitable Assets0FMVAllOtherNoncharitableAssets
Total FMV Of Unused Assets27996329TotalFMVOfUnusedAssets
Reduction Claimed0ReductionClaimed
Acquisition Indebtedness0AcquisitionIndebtedness
Adj Total FMV Of Unused Assets27996329AdjTotalFMVOfUnusedAssets
Cash Deemed Charitable419945CashDeemedCharitable
Net Noncharitable Assets27576384NetNoncharitableAssets
Minimum Investment Return1378819MinimumInvestmentReturn

Distributable DistributableAmount

FieldValueIRS element (for citing)
Minimum Investment Return1378819MinimumInvestmentReturn
Tax Based On Investment Income1255TaxBasedOnInvestmentIncome
Total Tax1255TotalTax
Distributable Amount Before Adj1377564DistributableAmountBeforeAdj
Recoveries Qlfy Distributions0RecoveriesQlfyDistributions
Distributable Amount Before Ded1377564DistributableAmountBeforeDed
Deduction Fr Distributable$0DeductionFrDistributableAmount
Distributable Amount As Adjusted1377564DistributableAmountAsAdjusted

Qualifying Distributions QualifyingDistributions

FieldValueIRS element (for citing)
Expenses And Contributions252577ExpensesAndContributions
Program Related Investments Total0ProgramRelatedInvestmentsTotal
Qualifying Distributions252577QualifyingDistributions
One Pct Sect4940e Org Net Invst Incm0OnePctSect4940eOrgNetInvstIncm
Adj Qualifying Distributions252577AdjQualifyingDistributions

Undistributed Income UndistributedIncome

FieldValueIRS element (for citing)
Distributable Amount As Adjusted1377564DistributableAmountAsAdjusted
Undistributed Income Prior Year0UndistributedIncomePriorYear
Total For Prior Years0TotalForPriorYears
Excess Distri Carryover Year51510625ExcessDistriCarryoverYear5
Excess Distri Carryover Year42979646ExcessDistriCarryoverYear4
Excess Distri Carryover Year32336850ExcessDistriCarryoverYear3
Excess Distri Carryover Year2850954ExcessDistriCarryoverYear2
Total Excess Distri Carryover7678075TotalExcessDistriCarryover
Qualifying Distributions252577QualifyingDistributions
Applied To Year10AppliedToYear1
Applied To Prior Years0AppliedToPriorYears
Treated As Distri From Corpus0TreatedAsDistriFromCorpus
Applied To Current Year252577AppliedToCurrentYear
Remaining Distri From Corpus0RemainingDistriFromCorpus
Excess Distri Cyov App CY Corpus1124987ExcessDistriCyovAppCYCorpus
Excess Distri Cyov Applied CY1124987ExcessDistriCyovAppliedCY
Total Corpus6553088TotalCorpus
Prior Year Undistributed Income0PriorYearUndistributedIncome
Prior Year Deficiency Or Tax0PriorYearDeficiencyOrTax
Taxable Amount10TaxableAmount1
Taxable Amount20TaxableAmount2
Undistributed Income CY0UndistributedIncomeCY
Distri From Corpus170b1 E Or4942g30DistriFromCorpus170b1EOr4942g3
Excess Distri Cyov From Year5385638ExcessDistriCyovFromYear5
Excess Distri Cyov To Next Year6167450ExcessDistriCyovToNextYear
Excess From Year42979646ExcessFromYear4
Excess From Year32336850ExcessFromYear3
Excess From Year2850954ExcessFromYear2

Supplementary Information SupplementaryInformation

FieldValueIRS element (for citing)
Contributing ManagerRobert C DartContributingManager
Only Contributes To PreselectedXOnlyContributesToPreselected

Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (3 entries)

Address Line1RecipientUSAddress/AddressLine1CityRecipientUSAddress/CityStateRecipientUSAddress/StateZIP CodeRecipientUSAddress/ZIPCodeRecipient RelationshipRecipientRelationshipRecipient Foundation StatusRecipientFoundationStatusPurpose Of Grant Or ContributionPurposeOfGrantOrContributionAmountAmount
Saint Joseph Catholic School
608 Pennsylvania AvenueWarrenPA16365NoneSchoolUpdate educational center technology$156,000
Forty Carrots of Sarasota Inc
1500 South Tuttle AvenueSarasotaFL34239NonePublic CharityFirefly Gala$34,818
Central Caribbean Marine Institute Inc
PO Box 1461PrincetonNJ08542NonePublic CharityCoral Nursery Project$61,540
FieldValueIRS element (for citing)
Tot Grant Or Contri Paid During Year252358TotGrantOrContriPaidDuringYear
Tot Grant Or Contri Approved Future0TotGrantOrContriApprovedFuture

Analysis Income Producing Acty AnalysisIncomeProducingActy

Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII

FieldValueIRS element (for citing)
Exclusion Code14ExclusionCode
Exclusion$62,756ExclusionAmount

Subtotals Part XVIA SubtotalsPartXVIA

FieldValueIRS element (for citing)
Unrelated Business Income$0UnrelatedBusinessIncomeAmount
Exclusion$62,756ExclusionAmount
Related Or Exempt Function Income0RelatedOrExemptFunctionIncome
FieldValueIRS element (for citing)
Total Part XVIA62756TotalPartXVIA

Trnsfr Tr Rln With Noncharitable EO TrnsfrTrRlnWithNoncharitableEO

FieldValueIRS element (for citing)
Trnsfr Of Cash To Noncharitable EO0TrnsfrOfCashToNoncharitableEO
Trnsfr Oth Assets Noncharitable EO0TrnsfrOthAssetsNoncharitableEO
Sales Or Exchanges Of Assets0SalesOrExchangesOfAssets
Purchase Assets Noncharitable EO0PurchaseAssetsNoncharitableEO
Rental Of Facilities Etc0RentalOfFacilitiesEtc
Reimbursement Arrangements0ReimbursementArrangements
Loans Or Loan Guarantees0LoansOrLoanGuarantees
Performance Of Services Etc0PerformanceOfServicesEtc
Sharing Of Facilities Etc0SharingOfFacilitiesEtc
Relationships Noncharitable E Os0RelationshipsNoncharitableEOs

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOther (3 entries)

Category Or ItemCategoryOrItemListed At Cost Or FMVListedAtCostOrFMVBook ValueBookValueEOYFMVEOYFMV
JP Morgan MMAT COST556556
Wells Fargo SavingsAT COST2687311426873114
RBC Wealth ManagementAT COST9979261037161

Other Expenses Schedule OtherExpensesSchedule

Other Expenses OtherExpenses (2 entries)

DescriptionDescriptionRevenue And Expenses Per BooksRevenueAndExpensesPerBooksNet Investment IncomeNetInvestmentIncomeDisbursements Charitable PrpsDisbursementsCharitablePrps
State of MI Filing Fees20020
Bank Fees1990199

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