THE CHASE AND STEPHANIE COLEMAN FOUNDATION: Form 990PF, tax year 2011

View the entire original 990 at ProPublica ↗

Organization
THE CHASE AND STEPHANIE COLEMAN FOUNDATION (EIN 83-0451634)
Tax period
2011-01-01 to 2011-12-31
Filed
2013-01-31
IRS object ID
201300319349100505
Schema version
2011v1.2
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)
Timestamp2013-01-31T11:35:19-08:00Timestamp
Tax Period End Date2011-12-31TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1JOHN T ABLAMSKY MBA CPABusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line163 REID AVENUEAddressLine1
CityPORT WASHINGTONCity
StateNYState
ZIP Code110503507ZIPCode
FieldValueIRS element (for citing)
Return Type990PFReturnType
Tax Period Begin Date2011-01-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN830451634EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1THE CHASE AND STEPHANIE COLEMAN FOUNDATIONBusinessNameLine1
FieldValueIRS element (for citing)
Name ControlCHASNameControl
Phone2129842591Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line1C/O TIGER GLOBAL 101 PARK AVEAddressLine1
CityNEW YORKCity
StateNYState
ZIP Code10178ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameCHARLES P COLEMAN IIIName
TitleTRUSTEETitle
Phone2129842591Phone
Date Signed2013-01-21DateSigned
Authorize Third PartytrueAuthorizeThirdParty

Preparer Preparer

FieldValueIRS element (for citing)
NameJOHN T ABLAMSKY MBA CPAName
Phone5168834306Phone
Date Prepared2013-01-21DatePrepared
FieldValueIRS element (for citing)
Tax Year2011TaxYear
Build TS2016-02-25 16:41:14ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Exempt PFXExemptPF
FMV Assets EOY1678833FMVAssetsEOY
Method Of Accounting CashXMethodOfAccountingCash

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Received Rev And Expnss1575000ContriReceivedRevAndExpnss
Interest On Savings Rev And Expnss208InterestOnSavingsRevAndExpnss
Interest On Savings Net Invst Incm208InterestOnSavingsNetInvstIncm
Capital Gain Net Incm Net Invst Incm0CapitalGainNetIncmNetInvstIncm
Total Revenue And Expenses1575208TotalRevenueAndExpenses
Total Net Investment Income208TotalNetInvestmentIncome
Taxes Rev And Expnss0TaxesRevAndExpnss
Other Expenses Rev And Expnss352OtherExpensesRevAndExpnss
Other Expenses Net Invst Incm102OtherExpensesNetInvstIncm
Other Expenses Dsbrs Chrtbl Prps352OtherExpensesDsbrsChrtblPrps
Tot Opr Expenses Rev And Expnss352TotOprExpensesRevAndExpnss
Tot Opr Expenses Net Invst Incm102TotOprExpensesNetInvstIncm
Tot Opr Expenses Dsbrs Chrtbl Prps352TotOprExpensesDsbrsChrtblPrps
Contri Gifts Paid Rev And Expnss2081700ContriGiftsPaidRevAndExpnss
Contri Gifts Paid Dsbrs Chrtbl Prps2081700ContriGiftsPaidDsbrsChrtblPrps
Total Expenses Rev And Expnss2082052TotalExpensesRevAndExpnss
Total Expenses Net Invst Incm102TotalExpensesNetInvstIncm
Total Expenses Dsbrs Chrtbl Prps2082052TotalExpensesDsbrsChrtblPrps
Excess Of Revenue Over Expenses-506844ExcessOfRevenueOverExpenses
Net Investment Income106NetInvestmentIncome

Balance Sheets BalanceSheets

FieldValueIRS element (for citing)
Savings And Temp Cash Invst BOY816218SavingsAndTempCashInvstBOY
Savings And Temp Cash Invst EOY309374SavingsAndTempCashInvstEOY
Savings And Temp Cash Invst EOYFMV309374SavingsAndTempCashInvstEOYFMV
Investments Other BOY450000InvestmentsOtherBOY
Investments Other EOY450000InvestmentsOtherEOY
Investments Other EOYFMV1369459InvestmentsOtherEOYFMV
Total Assets BOY1266218TotalAssetsBOY
Total Assets EOY759374TotalAssetsEOY
Total Assets EOYFMV1678833TotalAssetsEOYFMV
Total Liabilities EOY0TotalLiabilitiesEOY
Org That Do Not Follow SFAS117XOrgThatDoNotFollowSFAS117
Capital Stock BOY1266218CapitalStockBOY
Capital Stock EOY759374CapitalStockEOY
Total Net Assets BOY1266218TotalNetAssetsBOY
Total Net Assets EOY759374TotalNetAssetsEOY
Total Liabilities Net Assets BOY1266218TotalLiabilitiesNetAssetsBOY
Total Liabilities Net Assets EOY759374TotalLiabilitiesNetAssetsEOY

Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances

FieldValueIRS element (for citing)
Total Net Assets Fund Balances BOY1266218TotalNetAssetsFundBalancesBOY
Excess Of Revenue Over Expenses-506844ExcessOfRevenueOverExpenses
Subtotal759374Subtotal
Total Net Assets Fund Balances EOY759374TotalNetAssetsFundBalancesEOY

Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax

FieldValueIRS element (for citing)
Liable For4942 TaxfalseLiableFor4942Tax
Qualifying Distributions Year11246675QualifyingDistributionsYear1
Noncharitable Assets Year1861492NoncharitableAssetsYear1
Distribution Ratio Year11.447112DistributionRatioYear1
Qualifying Distributions Year21844959QualifyingDistributionsYear2
Noncharitable Assets Year2742328NoncharitableAssetsYear2
Distribution Ratio Year22.485369DistributionRatioYear2
Qualifying Distributions Year31690100QualifyingDistributionsYear3
Noncharitable Assets Year3912663NoncharitableAssetsYear3
Distribution Ratio Year31.851834DistributionRatioYear3
Qualifying Distributions Year4863252QualifyingDistributionsYear4
Noncharitable Assets Year4747286NoncharitableAssetsYear4
Distribution Ratio Year41.155183DistributionRatioYear4
Qualifying Distributions Year5268146QualifyingDistributionsYear5
Noncharitable Assets Year5100109NoncharitableAssetsYear5
Distribution Ratio Year52.678540DistributionRatioYear5
Total Distribution Ratio9.618038TotalDistributionRatio
Average Distribution Ratio1.923608AverageDistributionRatio
Net Noncharitable Assets1351609NetNoncharitableAssets
Adjusted Noncharitable Assets2599966AdjustedNoncharitableAssets
One Percent Net Investment Income1OnePercentNetInvestmentIncome
Adj Nonchrtbl Assets And One2599967AdjNonchrtblAssetsAndOnePct
Qualifying Distributions2082052QualifyingDistributions

Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm

FieldValueIRS element (for citing)
Investment Income Excise Tax2InvestmentIncomeExciseTax
Tax Under Section5110TaxUnderSection511
Subtotal2Subtotal
Tax Based On Investment Income2TaxBasedOnInvestmentIncome
Tax Paid Original Return0TaxPaidOriginalReturn
Tax Due2TaxDue
Amount Credited To Next Year0AmountCreditedToNextYear

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 Sect508etrueRequirementsOfSect508e
At Least5000 In AssetstrueAtLeast5000InAssets
States Filed WithNYStatesFiledWith
Form990 PF Filed With AGtrueForm990PFFiledWithAG
Private Operating FoundationfalsePrivateOperatingFoundation
New Substantial ContributorstrueNewSubstantialContributors
Interest In Controlled EntityfalseInterestInControlledEntity
Applicable Insurance ContractfalseApplicableInsuranceContract
Comply With Public Inspection RqrtrueComplyWithPublicInspectionRqr
Website AddressN/AWebsiteAddress

Books In Care Of Business Name BooksInCareOfBusinessName

FieldValueIRS element (for citing)
Business Name Line1JOHN T ABLAMSKYBusinessNameLine1
FieldValueIRS element (for citing)
Books In Care Of Phone Number5168834306BooksInCareOfPhoneNumber

Books In Care Of US Address BooksInCareOfUSAddress

FieldValueIRS element (for citing)
Address Line163 REID AVENUEAddressLine1
CityPORT WASHINGTONCity
StateNYState
ZIP Code11050ZIPCode
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
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

Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo

Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee (2 entries)

Address Line1USAddress/AddressLine1CityUSAddress/CityStateUSAddress/StateZIP CodeUSAddress/ZIPCodeTitleTitleAvg Hours Per Wk Devoted To PositionAvgHoursPerWkDevotedToPositionCompensationCompensationContri To Empl Benefit Plans EtcContriToEmplBenefitPlansEtcExpense Account Other AllowancesExpenseAccountOtherAllowances
CHARLES P COLEMAN III
550 PARK AVE 17WNYNY10021TRUSTEE5.00000
STEPHANIE A COLEMAN
550 PARK AVE 17WNYNY10021TRUSTEE5.00000
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

Minimum Investment Return MinimumInvestmentReturn

FieldValueIRS element (for citing)
Avg Monthly FMV Of Securities0AvgMonthlyFMVOfSecurities
Avg Monthly Cash Balances175710AvgMonthlyCashBalances
FMV All Other Noncharitable Assets1196482FMVAllOtherNoncharitableAssets
Total FMV Of Unused Assets1372192TotalFMVOfUnusedAssets
Adj Total FMV Of Unused Assets1372192AdjTotalFMVOfUnusedAssets
Cash Deemed Charitable20583CashDeemedCharitable
Net Noncharitable Assets1351609NetNoncharitableAssets
Minimum Investment Return67580MinimumInvestmentReturn

Distributable DistributableAmount

FieldValueIRS element (for citing)
Minimum Investment Return67580MinimumInvestmentReturn
Tax Based On Investment Income2TaxBasedOnInvestmentIncome
Total Tax2TotalTax
Distributable Amount Before Adj67578DistributableAmountBeforeAdj
Distributable Amount Before Ded67578DistributableAmountBeforeDed
Distributable Amount As Adjusted67578DistributableAmountAsAdjusted

Qualifying Distributions QualifyingDistributions

FieldValueIRS element (for citing)
Expenses And Contributions2082052ExpensesAndContributions
Qualifying Distributions2082052QualifyingDistributions
Adj Qualifying Distributions2082052AdjQualifyingDistributions

Undistributed Income UndistributedIncome

FieldValueIRS element (for citing)
Distributable Amount As Adjusted67578DistributableAmountAsAdjusted
Excess Distri Carryover Year5263950ExcessDistriCarryoverYear5
Excess Distri Carryover Year4825888ExcessDistriCarryoverYear4
Excess Distri Carryover Year31644468ExcessDistriCarryoverYear3
Excess Distri Carryover Year21807843ExcessDistriCarryoverYear2
Excess Distri Carryover Year11203600ExcessDistriCarryoverYear1
Total Excess Distri Carryover5745749TotalExcessDistriCarryover
Qualifying Distributions2082052QualifyingDistributions
Applied To Current Year67578AppliedToCurrentYear
Remaining Distri From Corpus2014474RemainingDistriFromCorpus
Total Corpus7760223TotalCorpus
Undistributed Income CY0UndistributedIncomeCY
Excess Distri Cyov From Year5263950ExcessDistriCyovFromYear5
Excess Distri Cyov To Next Year7496273ExcessDistriCyovToNextYear
Excess From Year4825888ExcessFromYear4
Excess From Year31644468ExcessFromYear3
Excess From Year21807843ExcessFromYear2
Excess From Year11203600ExcessFromYear1
Excess From Current Year2014474ExcessFromCurrentYear

Supplementary Information SupplementaryInformation

FieldValueIRS element (for citing)
Contributing ManagerCHARLES P COLEMANIII STEPHANIE A COContributingManager
Shareholder ManagerNAShareholderManager
Only Contributes To PreselectedXOnlyContributesToPreselected

Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (18 entries)

Address Line1RecipientUSAddress/AddressLine1CityRecipientUSAddress/CityStateRecipientUSAddress/StateZIP CodeRecipientUSAddress/ZIPCodeRecipient Foundation StatusRecipientFoundationStatusPurpose Of Grant Or ContributionPurposeOfGrantOrContributionAmountAmount
ASPIRE
1001 22ND AVE SUITE 100OAKLANDCA94606509(a)1170(b)(1)(A)EDUCATION$5,000
BONE MARROW FOUNDATION
515 MADISON AVE SUITE 1130NEW YORKNY10022509(a)1170(b)(1)(A)MEDICAL$25,000
CENTRAL PARK CONSERVANCY
14 E 60TH STREETNEW YORKNY10022509(a)1170(b)(1)(A)CONSERVATION$15,000
GREENVALE SCHOOL
250 VALENTINES LANEOLD BROOKVILLENY11545509(a)1170(b)(1)(A)EDUCATION$105,000
GROUNDWORK INC
595 SUTTER AVEBROOKLYNNY11207509(a)1170(b)(1)(A)EDUCATION$20,000
HOSPITAL FOR SPECIAL SURGERY
535 EAST 70TH STNEW YORKNY10021509(a)1170(b)(1)(A)MEDICAL$75,000
NEW YORK PRESBYTERIAN
525 E 68TH STNEW YORKNY10021509(a)1170(b)(1)(A)MEDICAL$50,000
SOUTHAMPTON HOSPITAL
240 MEETING HOUSE LANESOUTHAMPTONNY11968509(a)1170(b)(1)(A)MEDICAL$10,000
THE EAST HARLEM SCHOOL
309 EAST 103RD STNEW YORKNY10029509(a)1170(b)(1)(A)EDUCATION$75,000
THE EPISCOPAL SCHOOL
35 EAST 69TH STNEW YORKNY10021509(a)1170(b)(1)(A)EDUCATION$10,000
TIGER FOUNDATION
101 PARK AVENUENEW YORKNY10178509(a)1170(b)(1)(A)VARIOUS CHARTIBALE$1,500,000
WELLESLEY COLLEGE
106 CENTRAL STWELLESLYMA02481509(a)1170(b)(1)(A)EDUCATION$5,000
WILLIAMS COLLEGE
1000 MAIN STWILLIAMSTOWNMA01267509(a)1170(b)(1)(A)EDUCATION$10,000
HERSTORY WRITERS WORKSHOP
2539 MIDDLE COUNTRY ROAD FL 2CENTEREACHNY11720509(a)1170(b)(1)(A)EDUCATION$19,200
ASPIRE
1001 22ND AVE SUITE 100OAKLANDCA94606509(a)1170(b)(1)(A)EDUCATION$5,000
PAVE ACADEMY
71 SULLIVAN STREETBROOKLYNNY11231509(a)1170(b)(1)(A)EDUCATION$50,000
TEACH FOR AMERICA
315 WEST 36TH STREET 7TH FLOORNEW YORKNY10018509(a)1170(b)(1)(A)EDUCATION$100,000
THE IDEAL SCHOOL
314 WEST 91ST STREETNEW YORKNY10024509(a)1170(b)(1)(A)EDUCATION$2,500
FieldValueIRS element (for citing)
Tot Grant Or Contri Paid During Year2081700TotGrantOrContriPaidDuringYear

Analysis Income Producing Acty AnalysisIncomeProducingActy

Int On Savings And Temp Cash Invst IntOnSavingsAndTempCashInvst

FieldValueIRS element (for citing)
Exclusion Code14ExclusionCode
Exclusion$208ExclusionAmount

Subtotals Part XVIA SubtotalsPartXVIA

FieldValueIRS element (for citing)
Exclusion$208ExclusionAmount
FieldValueIRS element (for citing)
Total Part XVIA208TotalPartXVIA

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)
Organization501c3 Exempt PFXOrganization501c3ExemptPF
General RuleXGeneralRule

Contributor Info ContributorInfo (2 entries)

Contributor NumberContributorNumberContributor Name IndividualContributorNameIndividualAddress Line1ContributorAddressUS/AddressLine1CityContributorAddressUS/CityStateContributorAddressUS/StateZIP CodeContributorAddressUS/ZIPCodeAggregate ContributionsAggregateContributionsPerson Contribution TypePersonContributionType
1CHARLES P COLEMAN III4 EAST 66TH STREET - 6TH FLOORNEW YORKNY10065787500X
2STEPHANIE A COLEMAN4 EAST 66TH STREET - 6TH FLOORNEW YORKNY10065787500X

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOther

FieldValueIRS element (for citing)
Category Or ItemINVESTMENT IN TIGER GLOBAL LTDCategoryOrItem
Book Value450000BookValue
EOYFMV1369459EOYFMV

Other Expenses Schedule OtherExpensesSchedule

Other Expenses OtherExpenses (2 entries)

DescriptionDescriptionRevenue And Expenses Per BooksRevenueAndExpensesPerBooksDisbursements Charitable PrpsDisbursementsCharitablePrpsNet Investment IncomeNetInvestmentIncome
NYS FILING FEES250250
BANK CHARGES102102102

Taxes Schedule TaxesSchedule

Taxes Taxes

FieldValueIRS element (for citing)
CategoryFEDERAL EXCISE TAXCategory

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