CLEMENT AND KAREN ARRISON LEGACY FOUNDATION: Form 990PF, tax year 2013

View the entire original 990 at ProPublica ↗

Organization
CLEMENT AND KAREN ARRISON LEGACY FOUNDATION (EIN 26-4663987)
Tax period
2013-01-01 to 2013-12-31
Filed
2014-04-08
IRS object ID
201440989349100209
Schema version
2013v3.1
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)
Return2014-04-08T12:50:27-05:00ReturnTs
Tax Period End2013-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1PHILIP J TANTILLO CPA PCBusinessNameLine1

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line143 COURT ST STE 910AddressLine1
CityBUFFALOCity
StateNYState
ZIP Code14202ZIPCode
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2013-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN264663987EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1CLEMENT AND KAREN ARRISONBusinessNameLine1
Business Name Line2LEGACY FOUNDATIONBusinessNameLine2
FieldValueIRS element (for citing)
Business Name ControlCLEMBusinessNameControlTxt
Phone7168810760PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line135 LINCOLN PARKWAYAddressLine1
CityBUFFALOCity
StateNYState
ZIP Code14222ZIPCode

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonKAREN ARRISONPersonNm
Person TitleTRUSTEEPersonTitleTxt
Phone7168810760PhoneNum
Signature2014-03-01SignatureDt

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonPHILIP J TANTILLOPreparerPersonNm
PTINP01272891PTIN
Phone7168526981PhoneNum
Preparation2014-02-12PreparationDt
FieldValueIRS element (for citing)
Tax2013TaxYr
Build TS2015-12-30 17:16:21ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$1,551,489FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$693,363ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss$12,326InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$12,326InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm$12,326InterestOnSavingsAdjNetIncmAmt
Net Gain Sale Ast Rev And Expnss-$3NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$37,000GrossSalesPriceAmt
Total Rev And Expnss$705,686TotalRevAndExpnssAmt
Total Net Invst Incm$12,326TotalNetInvstIncmAmt
Total Adj Net Incm$12,326TotalAdjNetIncmAmt
Accounting Fees Rev And Expnss$2,385AccountingFeesRevAndExpnssAmt
Taxes Rev And Expnss$302TaxesRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss$2,687TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$0ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$0ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$2,687TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$0TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$702,999ExcessRevenueOverExpensesAmt
Net Investment Income$12,326NetInvestmentIncomeAmt
Adjusted Net Income$12,326AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$533,308CashBOYAmt
Cash EOY$592,262CashEOYAmt
Cash EOYFMV$592,262CashEOYFMVAmt
Mortgage Loans BOY$325,218MortgageLoansBOYAmt
Mortgage Loans EOY$969,263MortgageLoansEOYAmt
Mortgage Loans EOYFMV$959,227MortgageLoansEOYFMVAmt
Total Assets BOY$858,526TotalAssetsBOYAmt
Total Assets EOY$1,561,525TotalAssetsEOYAmt
Total Assets EOYFMV$1,551,489TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind
Unrestricted BOY$858,526UnrestrictedBOYAmt
Unrestricted EOY$1,561,525UnrestrictedEOYAmt
Tot Net Ast Or Fund Balances BOY$858,526TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$1,561,525TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$858,526TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$1,561,525TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$858,526TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$702,999ExcessRevenueOverExpensesAmt
Subtotal$1,561,525SubtotalAmt
Tot Net Ast Or Fund Balances EOY$1,561,525TotNetAstOrFundBalancesEOYAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$1,100AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$837,876NetVlNoncharitableAssetsYr1Amt
Distribution Yr10.001313DistributionYr1Rt
Adjusted Qlfy Distri Yr2$1,188AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$484,601NetVlNoncharitableAssetsYr2Amt
Distribution Yr20.002452DistributionYr2Rt
Net Vl Noncharitable Assets Yr3$23,751NetVlNoncharitableAssetsYr3Amt
Total Distribution0.003765TotalDistributionRt
Average Distribution0.001883AverageDistributionRt
Net Vl Noncharitable Assets$899,490NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$1,694AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct$123NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$1,817AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$0QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$247InvestmentIncomeExciseTaxAmt
Subtotal$247SubtotalAmt
Tax Based On Investment Income$247TaxBasedOnInvestmentIncomeAmt
Tax Due$247TaxDueAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateNYOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationYes (true)PrivateOperatingFoundationInd
New Substantial ContributorsYes (true)NewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt
Individual With BooksKAREN ARRISONIndividualWithBooksNm
Phone7168810760PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line135 LINCOLN PARKWAYAddressLine1
CityBUFFALOCity
StateNYState
ZIP Code14222ZIPCode
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Undistributed Income PYfalseUndistributedIncomePYInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (2 entries)

Address Line1USAddress/AddressLine1CityUSAddress/CityStateUSAddress/StateZIP CodeUSAddress/ZIPCodeTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
KAREN ARRISON
35 LINCOLN PARKWAYBUFFALONY14222PRESIDENT/TR10.00$0$0$0
WILLARD B SAPERSTON
172 LAKE STREETHAMBURGNY14075DIRECTOR1.00$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

FieldValueIRS element (for citing)
Description1NATURE'S WISDOM FARM IS A HOLISTICE AND INTEGRATIVE WELLNESS LEARNING CENTER. IT IS DEDICATED TO LIFE LONG LEARNING FOR BOTH HUMANS AND ANIMALS. WE ENCOURAGE NATURAL HEALING AND REHABILITATION THROUGH THE USE OF INTEGRATIVE WELLNESS PRACTICES WHICH BRING TOGETHER THE BEST OF ALL HEALING MODALITIES. WE ARE DEDICATED TO IMPROVING THE HUMAN/ANIMAL RELATIONSHIP THROUGH EDUCATIONAL PROGRAMS AND ACTIVITIES THAT PROMOTE A BETTER UNDERSTANDING OF ANIMALS, OUR ENVIORNMENT AND THE WISDOM OF NATURE AND HEALING. POSTURAL SEMINAR AT SPCA OF ERIE COUNTY WITH DR. KAREN GELLAMN, DVM. PHD OF EQUINE SPORTS MEDICINE. COLLABERATION WITH SPCA OF ERIE COUNTY REGARDING TEACHING BARN. PHOTONIC LIGHT THERAPY FOR EQUINE AND CANINE APPLICATIONS INCLUDING PURCHASE OF PHOTONIC (CLASS III COLD LASER)TORCH AND RESEARCH MATERIALS. REAL PROPERTY SEARCH.Description1Txt
Expenses1$2,687Expenses1Amt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Description1N/ADescription1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$418,372AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$494,816AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$913,188TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$913,188AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$13,698CashDeemedCharitableAmt
Net Vl Noncharitable Assets$899,490NetVlNoncharitableAssetsAmt
Minimum Investment Return$44,975MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Sect4942j3j5 Fndtn And Frgn OrgYes (X)Sect4942j3j5FndtnAndFrgnOrgInd

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$0ExpensesAndContributionsAmt
Qualifying Distributions$0QualifyingDistributionsAmt

Private Operating Foundations PrivateOperatingFoundationsGrp

FieldValueIRS element (for citing)
Section4942j3Yes (X)Section4942j3Ind

Lessor Adj Net Incm Min Invst Ret LessorAdjNetIncmMinInvstRetGrp

FieldValueIRS element (for citing)
Current Year$12,326CurrentYearAmt
Year1$9,602Year1Amt
Year2$1,231Year2Amt
Total$23,159TotalAmt

Pct85 Lessor Adj Incm Or Min Ret Pct85LessorAdjIncmOrMinRetGrp

FieldValueIRS element (for citing)
Current Year$10,477CurrentYearAmt
Year1$8,162Year1Amt
Year2$1,046Year2Amt
Total$19,685TotalAmt

Qualifying Distributions QualifyingDistributionsGrp

FieldValueIRS element (for citing)
Year1$1,100Year1Amt
Year2$1,200Year2Amt
Total$2,300TotalAmt

Qualifying Distri Made Drt QualifyingDistriMadeDrtGrp

FieldValueIRS element (for citing)
Year1$1,100Year1Amt
Year2$1,200Year2Amt
Total$2,300TotalAmt

Two Thirds Minimum Invst Ret TwoThirdsMinimumInvstRetGrp

FieldValueIRS element (for citing)
Current Year$29,983CurrentYearAmt
Year1$27,929Year1Amt
Year2$16,153Year2Amt
Year3$792Year3Amt
Total$74,857TotalAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$12,326ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm-$3RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$12,326ExclusionAmt
Related Or Exempt Function Incm-$3RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$12,323TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Schedule B IRS990ScheduleB

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
General RuleYes (X)GeneralRuleInd

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
Contributor1ContributorNum
Contributor PersonCLEMENT AND KAREN ARRISON FAMILY FNContributorPersonNm

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line135 LINCOLN PARKWAYAddressLine1
CityBUFFALOCity
StateNYState
ZIP Code14222ZIPCode
FieldValueIRS element (for citing)
Total Contributions$693,363TotalContributionsAmt
Payroll ContributionYes (X)PayrollContributionInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
Amt$2,385Amt

Compensation Explanation CompensationExplanation

Compensation Explanation CompensationExplanationGrp (2 entries)

KAREN ARRISON
WILLARD B SAPERSTON

Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch

Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp (15 entries)

AssetAssetDescAcquiredAcquiredDtHow AcquiredHowAcquiredTxtSoldSoldDtGross Sales PriceGrossSalesPriceAmtBasisBasisAmtTotal NetTotalNetAmt
8FHR 4012 3.500 081541-313732943-32012-03PURCHASE2013-05$3,000$3,000
8FHR 4012 3.500 081541-313735953-32012-03PURCHASE2013-06$3,000$3,000
8FHR 4012 3.500 081541-313740953-22012-03PURCHASE2013-08$2,000$2,000
8FHR 4012 3.500 081541-313743973-22012-03PURCHASE2013-09$2,000$2,000
8FHR 4012 3.500 081541-313745903-22012-03PURCHASE2013-10$2,000$2,000
8FHR 4023 3.500 111541-313768996-12012-03PURCHASE2013-04$1,000$1,000
8FHR 4023 3.500 111541-313771966-32012-03PURCHASE2013-05$3,000$3,000
8FHR 4023 3.500 111541-313774986-22012-03PURCHASE2013-06$2,000$2,000
8FHR 4023 3.500 111541-313778946-62012-03PURCHASE2013-07$6,000$6,000
8FHR 4023 3.500 111541-313782906-42012-03PURCHASE2013-08$4,000$4,000
8FHR 4023 3.500 111541-313786956-22012-03PURCHASE2013-09$2,000$2,000
8FHR 4012 3.500 081541-313723983-32012-03PURCHASE2013-02$3,000$3,000
8FHR 4023 3.500 111541-313758906-12012-03PURCHASE2013-01$1,000$1,000
8FHR 4023 3.500 111541-313763906-22012-03PURCHASE2013-02$2,000$2,000
8FHR 4023 3.500 111541-313765976-12012-03PURCHASE2013-03$1,000$1,003-$3

Substantial Contributors Sch SubstantialContributorsSch

Substantial Contributor Detail SubstantialContributorDetail

FieldValueIRS element (for citing)
PersonCLEMENT AND KAREN ARRISONPersonNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line135 LINCOLN PARKWAYAddressLine1
CityBUFFALOCity
StateNYState
ZIP Code14222ZIPCode

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

CategoryCategoryTxtAmtAmt
EXCISE TAX$192
CHARITIES REGISTRATION FEES$110

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