OLESKY FAMILY FOUNDATION: Form 990PF, tax year 2012

View the entire original 990 at ProPublica ↗

Organization
OLESKY FAMILY FOUNDATION (EIN 27-4462285)
Tax period
2012-01-01 to 2012-12-31
Filed
2013-05-09
IRS object ID
201301299349101235
Schema version
2012v2.2
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)
Timestamp2013-05-09T11:31:07-00:00Timestamp
Tax Period End Date2012-12-31TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1Foundation SourceBusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line1One Hollow Lane Suite 212AddressLine1
CityLake SuccessCity
StateNYState
ZIP Code11042ZIPCode
FieldValueIRS element (for citing)
Return Type990PFReturnType
Tax Period Begin Date2012-01-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN274462285EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1Olesky Family FoundationBusinessNameLine1
FieldValueIRS element (for citing)
Name ControlOLESNameControl
Phone8008391754Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line1Foundation Source 501 Silverside RdAddressLine1
CityWilmingtonCity
StateDEState
ZIP Code198091377ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameAmy OleryName
TitleVice PresidentTitle
Date Signed2013-05-09DateSigned
Authorize Third PartytrueAuthorizeThirdParty

Preparer Preparer

FieldValueIRS element (for citing)
NameJeffrey D HaskellName
Phone8008391754Phone
Date Prepared2013-05-09DatePrepared
FieldValueIRS element (for citing)
Tax Year2012TaxYear
Build TS2016-02-24 21:20:13ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Exempt PFXExemptPF
FMV Assets EOY423155FMVAssetsEOY
Method Of Accounting CashXMethodOfAccountingCash

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Received Rev And Expnss250000ContriReceivedRevAndExpnss
Interest On Savings Rev And Expnss118InterestOnSavingsRevAndExpnss
Interest On Savings Net Invst Incm118InterestOnSavingsNetInvstIncm
Dividends Rev And Expnss4200DividendsRevAndExpnss
Dividends Net Invst Incm4200DividendsNetInvstIncm
Capital Gain Net Incm Net Invst Incm0CapitalGainNetIncmNetInvstIncm
Total Revenue And Expenses254318TotalRevenueAndExpenses
Total Net Investment Income4318TotalNetInvestmentIncome
Taxes Rev And Expnss4TaxesRevAndExpnss
Other Expenses Rev And Expnss3497OtherExpensesRevAndExpnss
Other Expenses Dsbrs Chrtbl Prps3497OtherExpensesDsbrsChrtblPrps
Tot Opr Expenses Rev And Expnss3501TotOprExpensesRevAndExpnss
Tot Opr Expenses Net Invst Incm0TotOprExpensesNetInvstIncm
Tot Opr Expenses Dsbrs Chrtbl Prps3497TotOprExpensesDsbrsChrtblPrps
Contri Gifts Paid Rev And Expnss17400ContriGiftsPaidRevAndExpnss
Contri Gifts Paid Dsbrs Chrtbl Prps17400ContriGiftsPaidDsbrsChrtblPrps
Total Expenses Rev And Expnss20901TotalExpensesRevAndExpnss
Total Expenses Net Invst Incm0TotalExpensesNetInvstIncm
Total Expenses Dsbrs Chrtbl Prps20897TotalExpensesDsbrsChrtblPrps
Excess Of Revenue Over Expenses233417ExcessOfRevenueOverExpenses
Net Investment Income4318NetInvestmentIncome

Balance Sheets BalanceSheets

FieldValueIRS element (for citing)
Savings And Temp Cash Invst BOY152568SavingsAndTempCashInvstBOY
Savings And Temp Cash Invst EOY135885SavingsAndTempCashInvstEOY
Savings And Temp Cash Invst EOYFMV135885SavingsAndTempCashInvstEOYFMV
Investments Corp Stock EOY250100InvestmentsCorpStockEOY
Investments Corp Stock EOYFMV287270InvestmentsCorpStockEOYFMV
Total Assets BOY152568TotalAssetsBOY
Total Assets EOY385985TotalAssetsEOY
Total Assets EOYFMV423155TotalAssetsEOYFMV
Total Liabilities EOY0TotalLiabilitiesEOY
Org That Do Not Follow SFAS117XOrgThatDoNotFollowSFAS117
Retained Earnings BOY152568RetainedEarningsBOY
Retained Earnings EOY385985RetainedEarningsEOY
Total Net Assets BOY152568TotalNetAssetsBOY
Total Net Assets EOY385985TotalNetAssetsEOY
Total Liabilities Net Assets BOY152568TotalLiabilitiesNetAssetsBOY
Total Liabilities Net Assets EOY385985TotalLiabilitiesNetAssetsEOY

Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances

FieldValueIRS element (for citing)
Total Net Assets Fund Balances BOY152568TotalNetAssetsFundBalancesBOY
Excess Of Revenue Over Expenses233417ExcessOfRevenueOverExpenses
Subtotal385985Subtotal
Total Net Assets Fund Balances EOY385985TotalNetAssetsFundBalancesEOY

Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax

FieldValueIRS element (for citing)
Liable For4942 TaxfalseLiableFor4942Tax
Qualifying Distributions Year147625QualifyingDistributionsYear1
Noncharitable Assets Year1140595NoncharitableAssetsYear1
Distribution Ratio Year1000.338739DistributionRatioYear1
Total Distribution Ratio000.338739TotalDistributionRatio
Average Distribution Ratio000.338739AverageDistributionRatio
Net Noncharitable Assets375455NetNoncharitableAssets
Adjusted Noncharitable Assets127181AdjustedNoncharitableAssets
One Percent Net Investment Income43OnePercentNetInvestmentIncome
Adj Nonchrtbl Assets And One127224AdjNonchrtblAssetsAndOnePct
Qualifying Distributions20897QualifyingDistributions

Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm

FieldValueIRS element (for citing)
Investment Income Excise Tax86InvestmentIncomeExciseTax
Subtotal86Subtotal
Tax Based On Investment Income86TaxBasedOnInvestmentIncome
Tax Due86TaxDue

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
Form990 PF Filed With AGtrueForm990PFFiledWithAG
Private Operating FoundationfalsePrivateOperatingFoundation
New Substantial ContributorstrueNewSubstantialContributors
Interest In Controlled EntityfalseInterestInControlledEntity
Applicable Insurance ContractfalseApplicableInsuranceContract
Comply With Public Inspection RqrtrueComplyWithPublicInspectionRqr

Books In Care Of Business Name BooksInCareOfBusinessName

FieldValueIRS element (for citing)
Business Name Line1co Foundation SourceBusinessNameLine1
FieldValueIRS element (for citing)
Books In Care Of Phone Number8008391754BooksInCareOfPhoneNumber

Books In Care Of US Address BooksInCareOfUSAddress

FieldValueIRS element (for citing)
Address Line1501 Silverside Road Suite 123AddressLine1
CityWilmingtonCity
StateDEState
ZIP Code198091377ZIPCode
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
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 PositionAvgHoursPerWkDevotedToPositionCompensationCompensation
Amy Olesky
Foundation Source 501 Silverside RdWilmingtonDE19809VP001.000
Lee Olesky
Foundation Source 501 Silverside RdWilmingtonDE19809Pres / Dir / Sec001.000

Minimum Investment Return MinimumInvestmentReturn

FieldValueIRS element (for citing)
Avg Monthly FMV Of Securities176131AvgMonthlyFMVOfSecurities
Avg Monthly Cash Balances205042AvgMonthlyCashBalances
FMV All Other Noncharitable Assets0FMVAllOtherNoncharitableAssets
Total FMV Of Unused Assets381173TotalFMVOfUnusedAssets
Adj Total FMV Of Unused Assets381173AdjTotalFMVOfUnusedAssets
Cash Deemed Charitable5718CashDeemedCharitable
Net Noncharitable Assets375455NetNoncharitableAssets
Minimum Investment Return18773MinimumInvestmentReturn

Distributable DistributableAmount

FieldValueIRS element (for citing)
Minimum Investment Return18773MinimumInvestmentReturn
Tax Based On Investment Income86TaxBasedOnInvestmentIncome
Total Tax86TotalTax
Distributable Amount Before Adj18687DistributableAmountBeforeAdj
Distributable Amount Before Ded18687DistributableAmountBeforeDed
Distributable Amount As Adjusted18687DistributableAmountAsAdjusted

Qualifying Distributions QualifyingDistributions

FieldValueIRS element (for citing)
Expenses And Contributions20897ExpensesAndContributions
Qualifying Distributions20897QualifyingDistributions
Adj Qualifying Distributions20897AdjQualifyingDistributions

Undistributed Income UndistributedIncome

FieldValueIRS element (for citing)
Distributable Amount As Adjusted18687DistributableAmountAsAdjusted
Excess Distri Carryover Year140657ExcessDistriCarryoverYear1
Total Excess Distri Carryover40657TotalExcessDistriCarryover
Qualifying Distributions20897QualifyingDistributions
Applied To Current Year18687AppliedToCurrentYear
Remaining Distri From Corpus2210RemainingDistriFromCorpus
Total Corpus42867TotalCorpus
Undistributed Income CY0UndistributedIncomeCY
Excess Distri Cyov To Next Year42867ExcessDistriCyovToNextYear
Excess From Year140657ExcessFromYear1
Excess From Current Year2210ExcessFromCurrentYear

Supplementary Information SupplementaryInformation

FieldValueIRS element (for citing)
Contributing ManagerAmy OleskyContributingManager
Contributing ManagerLee OleskyContributingManager
Only Contributes To PreselectedXOnlyContributesToPreselected

Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (21 entries)

Address Line1RecipientUSAddress/AddressLine1CityRecipientUSAddress/CityStateRecipientUSAddress/StateZIP CodeRecipientUSAddress/ZIPCodeRecipient RelationshipRecipientRelationshipRecipient Foundation StatusRecipientFoundationStatusPurpose Of Grant Or ContributionPurposeOfGrantOrContributionAmountAmount
ASTHMA & ALLERGY FOUNDATION OF AMERICA
109 HIGHLAND AVENEEDHAMMA02494N/A509a1Charitable Event$500
AUTISM SPEAKS INC
1060 STATE RD 2ND FLPRINCETONNJ08540N/A509a1Charitable Event$200
CITIES AT PEACE INC
315 W 23RD ST APT 2DNEW YORKNY10011N/A509a1The Possibility Project$100
CITYKIDS FOUNDATION INC
57 LEONARD STNEW YORKNY10013N/A509a1General Unrestricted$1,000
ETHICAL CULTURE FIELDSTON SCHOOL
33 CENTRAL PARK WNEW YORKNY10023N/A509a1Charitable Event$500
FRIENDS OF THE GATEWAY SCHOOL INC
211 W 61ST STNEW YORKNY10023N/A509a1Charitable Event$1,000
HEADSTRONG FOUNDATION
232 GREEN STHOLMESPA19043N/A509a1Charitable Event$100
LALELA PROJECT INC
5 HANOVER SQ RM 1801NEW YORKNY10004N/A509a1General Unrestricted$200
MANHATTAN SOCCER CLUB INC
603 W 111TH ST APT 6ENEW YORKNY10025N/A509a1Charitable Event$250
NATIONAL BRAIN TUMOR SOCIETY INC
124 WATERTOWN ST STE 2DWATERTOWNMA02472N/A509a1Charitable Event$1,000
NEW YORK PUBLIC RADIO
160 VARICK STNEW YORKNY10013N/A509a1General Unrestricted$350
PAN MASSACHUSETTS CHALLENGE TRUST
77 4TH AVENEEDHAMMA02494N/A509a1Charitable Event$2,500
PHYSICIANS FOR REPRODUCTIVE CHOICE AND HEALTH INC
55 W 39TH ST 10TH FLNEW YORKNY10018N/A509a1Charitable Event$200
RIVERDALE MENTAL HEALTH ASSOCIATION INC
5676 RIVERDALE AVEBRONXNY10471N/A509a1Charitable Event$1,000
ROOM TO GROW NATIONAL INC
54 W 21ST ST RM 401NEW YORKNY10010N/A509a1Charitable Event$500
SPORTS HUMANITARIAN GROUP INC
CHELSEA PIERS PIER 62 STE 303NEW YORKNY10011N/A509a1Charitable Event$500
ST JOHNS RESIDENCE FOR BOYS
144 BEACH 111TH STROCKAWAY PARKNY11694N/A509a1General Unrestricted$500
TRUSTEES OF UNION COLLEGE
807 UNION STSCHENECTADYNY12308N/A509a1General Unrestricted$500
TULANE UNIVERSITY
PO BOX 61075NEW ORLEANSLA70161N/A509a1General Unrestricted$1,000
UNIVERSITY OF ARKANSAS FOUNDATION INC
1200 N UNIVERSITY MAIL SLOT 49PINE BLUFFAR71601N/A509a1Myeloma Institute for Research and Therapy for the Skattum Kili Challenge$5,000
WOMEN FOR WOMEN INTERNATIONAL
2000 M ST NW STE 200WASHINGTONDC20036N/A509a1General Unrestricted$500
FieldValueIRS element (for citing)
Tot Grant Or Contri Paid During Year17400TotGrantOrContriPaidDuringYear

Analysis Income Producing Acty AnalysisIncomeProducingActy

Int On Savings And Temp Cash Invst IntOnSavingsAndTempCashInvst

FieldValueIRS element (for citing)
Exclusion Code14ExclusionCode
Exclusion$118ExclusionAmount

Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII

FieldValueIRS element (for citing)
Exclusion Code14ExclusionCode
Exclusion$4,200ExclusionAmount

Subtotals Part XVIA SubtotalsPartXVIA

FieldValueIRS element (for citing)
Exclusion$4,318ExclusionAmount
FieldValueIRS element (for citing)
Total Part XVIA4318TotalPartXVIA

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

FieldValueIRS element (for citing)
Contributor Number1ContributorNumber
Contributor Name IndividualTradewebContributorNameIndividual

Contributor Address US ContributorAddressUS

FieldValueIRS element (for citing)
Address Line1L Olesky 1177 Ave of the AmericasAddressLine1
CityNew YorkCity
StateNYState
ZIP Code10036ZIPCode
FieldValueIRS element (for citing)
Aggregate Contributions250000AggregateContributions
Person Contribution TypeXPersonContributionType

General Explanation Attachment GeneralExplanationAttachment

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corp Stock InvestmentsCorpStock (3 entries)

Name Of StockNameOfStockEOY Book ValueEOYBookValueEOYFMVEOYFMV
1000 shares of CATERPILLAR INC.9010089610
1000 shares of GOLDMAN SACHS GROUP97100127560
1000 shares of JOHNSON JOHNSON6290070100

Other Expenses Schedule OtherExpensesSchedule

Other Expenses OtherExpenses (2 entries)

DescriptionDescriptionRevenue And Expenses Per BooksRevenueAndExpensesPerBooksDisbursements Charitable PrpsDisbursementsCharitablePrps
Administrative Fees34723472
State or Local Filing Fees2525

Substantial Contributors Sch SubstantialContributorsSch

Substantial Contributor SubstantialContributor

FieldValueIRS element (for citing)
Person NameTradewebPersonName

US Address USAddress

FieldValueIRS element (for citing)
Address Line1L Olesky 1177 Ave of the AmericasAddressLine1
CityNew YorkCity
StateNYState
ZIP Code10036ZIPCode

Taxes Schedule TaxesSchedule

Taxes Taxes

FieldValueIRS element (for citing)
CategoryIRS Excise Tax Payment with 1st ext 990-PFCategory
Amount$4Amount

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