GLEASON FAMILY FOUNDATION INC: Form 990PF, tax year 2012

View the entire original 990 at ProPublica ↗

Organization: GLEASON FAMILY FOUNDATION INC (EIN 22-3628310)
Tax period: 2012-01-01 to 2012-12-31
Filed: 2013-05-15
IRS object ID: 201301359349100500
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
Form 990-PF
Accounting Fees Schedule
Investments Corp Bonds Schedule
Investments Corp Stock Schedule
Investments Other Schedule2
Other Decreases Schedule
Other Increases Schedule
Other Professional Fees Schedule
Taxes Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2013-05-15T06:23:05-04:00	Timestamp
Tax Period End Date	2012-12-31	TaxPeriodEndDate

Preparer Firm PreparerFirm

Field	Value	IRS element (for citing)
EIN	455034043	EIN

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	Paris & Company LLC	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	301 Central Ave Suite 158	AddressLine1
City	Hilton Head Island	City
State	SC	State
ZIP Code	29926	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnType
Tax Period Begin Date	2012-01-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	223628310	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	GLEASON FAMILY FOUNDATION INC	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	GLEA	NameControl

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	15 MAN O WAR	AddressLine1
City	HILTON HEAD ISLAND	City
State	SC	State
ZIP Code	29928	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	MARTIN GLEASON	Name
Title	TRUSTEE & PRESI	Title
Phone	8438423772	Phone
Date Signed	2013-05-11	DateSigned
Authorize Third Party	true	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	Christopher Paris	Name
PTIN	P01511991	PTIN
Phone	8437151929	Phone
Date Prepared	2013-05-15	DatePrepared
Self Employed	X	SelfEmployed

Field	Value	IRS element (for citing)
Tax Year	2012	TaxYear
Build TS	2016-03-07 17:11:31Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Exempt PF	X	ExemptPF
FMV Assets EOY	4232902	FMVAssetsEOY
Method Of Accounting Cash	X	MethodOfAccountingCash

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Field	Value	IRS element (for citing)
Not Required To Attach Schedule B	X	NotRequiredToAttachScheduleB
Interest On Savings Rev And Expnss	3740	InterestOnSavingsRevAndExpnss
Interest On Savings Net Invst Incm	3740	InterestOnSavingsNetInvstIncm
Dividends Rev And Expnss	55181	DividendsRevAndExpnss
Dividends Net Invst Incm	55181	DividendsNetInvstIncm
Net Gain Sale Assets Rev And Expnss	98103	NetGainSaleAssetsRevAndExpnss
Gross Sales Price	1050808	GrossSalesPrice
Capital Gain Net Incm Net Invst Incm	98103	CapitalGainNetIncmNetInvstIncm
Total Revenue And Expenses	157024	TotalRevenueAndExpenses
Total Net Investment Income	157024	TotalNetInvestmentIncome
Accounting Fees Rev And Expnss	2200	AccountingFeesRevAndExpnss
Accounting Fees Net Invst Incm	1100	AccountingFeesNetInvstIncm
Accounting Fees Dsbrs Chrtbl Prps	1100	AccountingFeesDsbrsChrtblPrps
Other Prof Fees Rev And Expnss	23373	OtherProfFeesRevAndExpnss
Other Prof Fees Net Invst Incm	11687	OtherProfFeesNetInvstIncm
Other Prof Fees Dsbrs Chrtbl Prps	11687	OtherProfFeesDsbrsChrtblPrps
Taxes Rev And Expnss	5234	TaxesRevAndExpnss
Tot Opr Expenses Rev And Expnss	30807	TotOprExpensesRevAndExpnss
Tot Opr Expenses Net Invst Incm	12787	TotOprExpensesNetInvstIncm
Tot Opr Expenses Dsbrs Chrtbl Prps	12787	TotOprExpensesDsbrsChrtblPrps
Contri Gifts Paid Rev And Expnss	235900	ContriGiftsPaidRevAndExpnss
Contri Gifts Paid Dsbrs Chrtbl Prps	235900	ContriGiftsPaidDsbrsChrtblPrps
Total Expenses Rev And Expnss	266707	TotalExpensesRevAndExpnss
Total Expenses Net Invst Incm	12787	TotalExpensesNetInvstIncm
Total Expenses Dsbrs Chrtbl Prps	248687	TotalExpensesDsbrsChrtblPrps
Excess Of Revenue Over Expenses	-109683	ExcessOfRevenueOverExpenses
Net Investment Income	144237	NetInvestmentIncome
Adjusted Net Income	0	AdjustedNetIncome

Balance Sheets BalanceSheets

Field	Value	IRS element (for citing)
Cash BOY	1987	CashBOY
Cash EOY	1564950	CashEOY
Cash EOYFMV	1564950	CashEOYFMV
Savings And Temp Cash Invst BOY	129601	SavingsAndTempCashInvstBOY
Savings And Temp Cash Invst EOY	165738	SavingsAndTempCashInvstEOY
Savings And Temp Cash Invst EOYFMV	165738	SavingsAndTempCashInvstEOYFMV
Investments Corp Stock BOY	1211278	InvestmentsCorpStockBOY
Investments Corp Stock EOY	900373	InvestmentsCorpStockEOY
Investments Corp Stock EOYFMV	862600	InvestmentsCorpStockEOYFMV
Investments Corp Bonds BOY	25062	InvestmentsCorpBondsBOY
Investments Corp Bonds EOY	0	InvestmentsCorpBondsEOY
Investments Other BOY	1465425	InvestmentsOtherBOY
Investments Other EOY	1642402	InvestmentsOtherEOY
Investments Other EOYFMV	1639614	InvestmentsOtherEOYFMV
Total Assets BOY	2833353	TotalAssetsBOY
Total Assets EOY	4273463	TotalAssetsEOY
Total Assets EOYFMV	4232902	TotalAssetsEOYFMV
Total Liabilities BOY	0	TotalLiabilitiesBOY
Total Liabilities EOY	0	TotalLiabilitiesEOY
Org That Do Not Follow SFAS117	X	OrgThatDoNotFollowSFAS117
Capital Stock BOY	2599215	CapitalStockBOY
Capital Stock EOY	4160412	CapitalStockEOY
Retained Earnings BOY	234138	RetainedEarningsBOY
Retained Earnings EOY	113051	RetainedEarningsEOY
Total Net Assets BOY	2833353	TotalNetAssetsBOY
Total Net Assets EOY	4273463	TotalNetAssetsEOY
Total Liabilities Net Assets BOY	2833353	TotalLiabilitiesNetAssetsBOY
Total Liabilities Net Assets EOY	4273463	TotalLiabilitiesNetAssetsEOY

Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances

Field	Value	IRS element (for citing)
Total Net Assets Fund Balances BOY	2833353	TotalNetAssetsFundBalancesBOY
Excess Of Revenue Over Expenses	-109683	ExcessOfRevenueOverExpenses
Other Increases	1561197	OtherIncreases
Subtotal	4284867	Subtotal
Other Decreases	11404	OtherDecreases
Total Net Assets Fund Balances EOY	4273463	TotalNetAssetsFundBalancesEOY

Capital Gains And Losses CapitalGainsAndLosses

Capital Gains And Losses Info CapitalGainsAndLossesInfo

Field	Value	IRS element (for citing)
Description Of Asset	VARIOUS - SEE ATTACHMENT	DescriptionOfAsset
How Acquired	P	HowAcquired
Date Acquired	2012-01-01	DateAcquired
Date Sold	2012-12-31	DateSold
Gross Sales Price	1050808	GrossSalesPrice
Cost Or Other Basis	952705	CostOrOtherBasis
Gain Or Loss	98103	GainOrLoss
Gains Minus Excess Or Losses	98103	GainsMinusExcessOrLosses

Field	Value	IRS element (for citing)
Capital Gain Net Income	98103	CapitalGainNetIncome

Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax

Field	Value	IRS element (for citing)
Liable For4942 Tax	false	LiableFor4942Tax
Qualifying Distributions Year1	275904	QualifyingDistributionsYear1
Noncharitable Assets Year1	2852177	NoncharitableAssetsYear1
Distribution Ratio Year1	0.096735	DistributionRatioYear1
Qualifying Distributions Year2	229477	QualifyingDistributionsYear2
Noncharitable Assets Year2	2479216	NoncharitableAssetsYear2
Distribution Ratio Year2	0.09256	DistributionRatioYear2
Qualifying Distributions Year3	234026	QualifyingDistributionsYear3
Noncharitable Assets Year3	4181139	NoncharitableAssetsYear3
Distribution Ratio Year3	0.055972	DistributionRatioYear3
Qualifying Distributions Year4	298172	QualifyingDistributionsYear4
Noncharitable Assets Year4	3348106	NoncharitableAssetsYear4
Distribution Ratio Year4	0.089057	DistributionRatioYear4
Qualifying Distributions Year5	344937	QualifyingDistributionsYear5
Noncharitable Assets Year5	3992100	NoncharitableAssetsYear5
Distribution Ratio Year5	0.086405	DistributionRatioYear5
Total Distribution Ratio	0.420728	TotalDistributionRatio
Average Distribution Ratio	0.084146	AverageDistributionRatio
Net Noncharitable Assets	2686167	NetNoncharitableAssets
Adjusted Noncharitable Assets	226030	AdjustedNoncharitableAssets
One Percent Net Investment Income	1442	OnePercentNetInvestmentIncome
Adj Nonchrtbl Assets And One	227472	AdjNonchrtblAssetsAndOnePct
Qualifying Distributions	248687	QualifyingDistributions

Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm

Field	Value	IRS element (for citing)
Domestic Org Meeting Sect4940e	X	DomesticOrgMeetingSect4940e
Investment Income Excise Tax	1442	InvestmentIncomeExciseTax
Tax Under Section511	0	TaxUnderSection511
Subtotal	1442	Subtotal
Subtitle A Tax	0	SubtitleATax
Tax Based On Investment Income	1442	TaxBasedOnInvestmentIncome
Est Tax Payments And Overpayment	3538	EstTaxPaymentsAndOverpayment
Total Credits And Payments	3538	TotalCreditsAndPayments
Overpayment	2096	Overpayment
Amount Credited To Next Year	2096	AmountCreditedToNextYear

Statements Regarding Activities StatementsRegardingActivities

Field	Value	IRS element (for citing)
Legislative Political Activities	false	LegislativePoliticalActivities
More Than100 Spent	false	MoreThan100Spent
Form1120 POL Filed	false	Form1120POLFiled
Activities Not Prev Reported	false	ActivitiesNotPrevReported
Changes To Articles Or Bylaws	false	ChangesToArticlesOrBylaws
Unrelated Bus Income Over1000	false	UnrelatedBusIncomeOver1000
Termination Etc	false	TerminationEtc
Requirements Of Sect508e	true	RequirementsOfSect508e
At Least5000 In Assets	true	AtLeast5000InAssets
States Filed With	NJ	StatesFiledWith
Form990 PF Filed With AG	true	Form990PFFiledWithAG
Private Operating Foundation	false	PrivateOperatingFoundation
New Substantial Contributors	false	NewSubstantialContributors
Interest In Controlled Entity	false	InterestInControlledEntity
Applicable Insurance Contract	false	ApplicableInsuranceContract
Comply With Public Inspection Rqr	true	ComplyWithPublicInspectionRqr
Website Address	NA	WebsiteAddress
Books In Care Of Person Name	MARTIN GLEASON	BooksInCareOfPersonName
Books In Care Of Phone Number	8438423772	BooksInCareOfPhoneNumber

Books In Care Of US Address BooksInCareOfUSAddress

Field	Value	IRS element (for citing)
Address Line1	15 MAN O WAR	AddressLine1
City	HILTON HEAD ISLAND	City
State	SC	State
ZIP Code	29928	ZIPCode

Field	Value	IRS element (for citing)
Foreign Bank	false	ForeignBank

Statements Regarding Acty4720 StatementsRegardingActy4720

Field	Value	IRS element (for citing)
Sale Or Exchange With Dsqfly Person	false	SaleOrExchangeWithDsqflyPerson
Borrow Or Lend With Dsqfly Person	false	BorrowOrLendWithDsqflyPerson
Furnished Goods With Dsqfly Person	false	FurnishedGoodsWithDsqflyPerson
Pay Compensation To Dsqfly Person	false	PayCompensationToDsqflyPerson
Transfer Assets To Dsqfly Person	false	TransferAssetsToDsqflyPerson
Payment To Government Offical	false	PaymentToGovernmentOffical
Uncorrected Prior Acts	false	UncorrectedPriorActs
Undistributed Income Prior Years	false	UndistributedIncomePriorYears
Business Holdings	false	BusinessHoldings
Jeopardy Investments	false	JeopardyInvestments
Uncorrected Jeopardy Investments	false	UncorrectedJeopardyInvestments
Influence Legislation	false	InfluenceLegislation
Influence Election	false	InfluenceElection
Grants To Individuals	false	GrantsToIndividuals
Grants To Organizations	false	GrantsToOrganizations
Noncharitable Purpose	false	NoncharitablePurpose
Rcv Funds To Pay Prsnl Bnft Contract	false	RcvFundsToPayPrsnlBnftContract
Pay Premiums Prsnl Bnft Contract	false	PayPremiumsPrsnlBnftContract
Prohibited Tax Shelter Transactn	false	ProhibitedTaxShelterTransactn

Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo

Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee (5 entries)

Address Line1USAddress/AddressLine1	CityUSAddress/City	StateUSAddress/State	ZIP CodeUSAddress/ZIPCode	TitleTitle	Avg Hours Per Wk Devoted To PositionAvgHoursPerWkDevotedToPosition	CompensationCompensation	Contri To Empl Benefit Plans EtcContriToEmplBenefitPlansEtc	Expense Account Other AllowancesExpenseAccountOtherAllowances
MARTIN GLEASON
15 MAN O WAR	HILTON HEAD ISLAND	SC	29928	TRUSTEE & PRESIDENT	10.00	0	0	0
LENORE GLEASON
15 MAN O WAR	Hilton Head Island	SC	29928	TRUSTEE	1.00	0	0	0
NANCY GLEASON PARIS
8 IVORY GULL PL	Hilton Head Island	SC	29926	TRUSTEE	1.00	0	0	0
MARY GLEASON MURPHY
11646 CAPTAIN RHETT LN	Fairfax Station	VA	22039	TRUSTEE	1.00	0	0	0
BONNIE GLEASON OBLINGER
4 CARMA COURT	Hilton Head Island	SC	29926	TRUSTEE	1.00	0	0	0

Field	Value	IRS element (for citing)
Comp Of Highest Paid Empl NONE	NONE	CompOfHighestPaidEmplNONE
Tot Number Of Oth Empl Paid Over50k	0	TotNumberOfOthEmplPaidOver50k

Summary Of Direct Charitable Acty SummaryOfDirectCharitableActy

Field	Value	IRS element (for citing)
Description1	NA	Description1
Expenses1	0	Expenses1

Sum Of Program Related Investments SumOfProgramRelatedInvestments

Field	Value	IRS element (for citing)
Description1	NA	Description1
Amount1	0	Amount1

Minimum Investment Return MinimumInvestmentReturn

Field	Value	IRS element (for citing)
Avg Monthly FMV Of Securities	2601130	AvgMonthlyFMVOfSecurities
Avg Monthly Cash Balances	125943	AvgMonthlyCashBalances
FMV All Other Noncharitable Assets	0	FMVAllOtherNoncharitableAssets
Total FMV Of Unused Assets	2727073	TotalFMVOfUnusedAssets
Acquisition Indebtedness	0	AcquisitionIndebtedness
Adj Total FMV Of Unused Assets	2727073	AdjTotalFMVOfUnusedAssets
Cash Deemed Charitable	40906	CashDeemedCharitable
Net Noncharitable Assets	2686167	NetNoncharitableAssets
Minimum Investment Return	134308	MinimumInvestmentReturn

Distributable DistributableAmount

Field	Value	IRS element (for citing)
Minimum Investment Return	134308	MinimumInvestmentReturn
Tax Based On Investment Income	1442	TaxBasedOnInvestmentIncome
Total Tax	1442	TotalTax
Distributable Amount Before Adj	132866	DistributableAmountBeforeAdj
Distributable Amount Before Ded	132866	DistributableAmountBeforeDed
Distributable Amount As Adjusted	132866	DistributableAmountAsAdjusted

Qualifying Distributions QualifyingDistributions

Field	Value	IRS element (for citing)
Expenses And Contributions	248687	ExpensesAndContributions
Qualifying Distributions	248687	QualifyingDistributions
One Pct Sect4940e Org Net Invst Incm	1442	OnePctSect4940eOrgNetInvstIncm
Adj Qualifying Distributions	247245	AdjQualifyingDistributions

Undistributed Income UndistributedIncome

Field	Value	IRS element (for citing)
Distributable Amount As Adjusted	132866	DistributableAmountAsAdjusted
Excess Distri Carryover Year4	94895	ExcessDistriCarryoverYear4
Excess Distri Carryover Year3	234026	ExcessDistriCarryoverYear3
Excess Distri Carryover Year2	232202	ExcessDistriCarryoverYear2
Excess Distri Carryover Year1	275904	ExcessDistriCarryoverYear1
Total Excess Distri Carryover	837027	TotalExcessDistriCarryover
Qualifying Distributions	248687	QualifyingDistributions
Applied To Current Year	132866	AppliedToCurrentYear
Remaining Distri From Corpus	115821	RemainingDistriFromCorpus
Total Corpus	952848	TotalCorpus
Undistributed Income CY	0	UndistributedIncomeCY
Excess Distri Cyov To Next Year	952848	ExcessDistriCyovToNextYear
Excess From Year4	94895	ExcessFromYear4
Excess From Year3	234026	ExcessFromYear3
Excess From Year2	232202	ExcessFromYear2
Excess From Year1	275904	ExcessFromYear1
Excess From Current Year	115821	ExcessFromCurrentYear

Supplementary Information SupplementaryInformation

Field	Value	IRS element (for citing)
Contributing Manager	MARTIN GLEASON	ContributingManager
Contributing Manager	LENORE GLEASON	ContributingManager
Shareholder Manager	NONE	ShareholderManager

Appication Submission Info AppicationSubmissionInfo

Field	Value	IRS element (for citing)
Recipient Name	MARTIN GLEASON	RecipientName

Recipient US Address RecipientUSAddress

Field	Value	IRS element (for citing)
Address Line1	15 MAN O WAR	AddressLine1
City	Hilton Head Island	City
State	SC	State
ZIP Code	29928	ZIPCode

Field	Value	IRS element (for citing)
Recipient Phone Number	8438423775	RecipientPhoneNumber
Form And Info And Materials	NONE	FormAndInfoAndMaterials
Submission Deadlines	NONE	SubmissionDeadlines
Restrictions On Awards	NONE	RestrictionsOnAwards

Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (55 entries)

Address Line1RecipientUSAddress/AddressLine1	CityRecipientUSAddress/City	StateRecipientUSAddress/State	ZIP CodeRecipientUSAddress/ZIPCode	Recipient RelationshipRecipientRelationship	Recipient Foundation StatusRecipientFoundationStatus	Purpose Of Grant Or ContributionPurposeOfGrantOrContribution	AmountAmount
AMERICAN CANCER SOCIETY
59 POPE AVE	Hilton Head Island	SC	29928	NONE	PUBLIC	UNRESTRICTED	$3,000
ACADEMY OF THE VISITATION
3020 NORTH BALLAS ROAD	Saint Louis	MO	63131	NONE	PUBLIC	UNRESTRICTED	$1,000
AMERICAN HEART ASSOCIATION
7272 GREENVILLE AVE	Dallas	TX	75231	NONE	PUBLIC	UNRESTRICTED	$5,000
BOYS and GIRLS CLUB OF HHI
PO BOX 22267	Hilton Head Island	SC	29926	NONE	PUBLIC	UNRESTRICTED	$3,000
BREAD FOR THE WORLD
425 3rd Street SW Suite 1200	Washington	DC	20024	NONE	PUBLIC	UNRESTRICTED	$2,000
CATHOLIC RELIEF
228 W LEXINGTON ST	Baltimore	MD	21201	NONE	PUBLIC	UNRESTRICTED	$5,000
COASTAL DISCOVERY MUSEUM
70 HONEY HORN PLANTATION	Hilton Head Island	SC	29926	NONE	PUBLIC	UNRESTRICTED	$3,000
DOCTORS WO BORDERS
333 7TH AVE 2ND FLOOR	New York	NY	10001	NONE	PUBLIC	UNRESTRICTED	$2,000
EPILEPSY FOUNDATION
8301 PROFESSIONAL PLACE	Hyattsville	MD	20785	NONE	PUBLIC	UNRESTRICTED	$1,000
FAST LANE TRACK CLUB
PO BOX 22593	Hilton Head Island	SC	29926	NONE	PUBLIC	UNRESTRICTED	$3,000
FOOOD FOR THE POOR
6401 LYONS ROAD	Pompano Beach	FL	33073	NONE	PUBLIC	UNRESTRICTED	$2,000
HABITAT FOR HUMANITY
102 IRON MOUNTAIN ROAD	Mine Hill	NJ	07803	NONE	PUBLIC	UNRESTRICTED	$1,000
HYDROCEPHALUS FOUNDATION
870 MARKET STREET STE 705	San Francisco	CA	94102	NONE	PUBLIC	UNRESTRICTED	$1,500
KNIGHTS OF COLUMBUS
24 POPE AVE	Hilton Head Island	SC	29928	NONE	PUBLIC	UNRESTRICTED	$3,000
LEUKEMIA SOCIETY
1311 MAMARONECK AVE	White Plains	NY	10605	NONE	PUBLIC	UNRESTRICTED	$500
NOTRE DAME HIGH SCHOOL
1400 MAPLE AVE	Elmira	NY	14904	NONE	PUBLIC	UNRESTRICTED	$1,000
PEP PROGRAM FOR EXCEPTIONAL
10 OAK PARK DRIVE BOX 2	Hilton Head Island	SC	29926	NONE	PUBLIC	UNRESTRICTED	$2,000
PTR WHEELCHAIR
PO BOX 4739	Hilton Head Island	SC	29938	NONE	PUBLIC	UNRESTRICTED	$2,000
SALVATION ARMY
1316 FORDING ISLAND STE A	Bluffton	SC	29910	NONE	PUBLIC	UNRESTRICTED	$7,000
SETON HALL FUND
457 CENTRE STREET	South Orange	NJ	07079	NONE	PUBLIC	UNRESTRICTED	$3,000
SMILE TRAIN
PO BOX 96231	Washington	DC	20090	NONE	PUBLIC	UNRESTRICTED	$1,000
ST FRANCIS SCHOOL ANNUAL FUND
45 BEACH CITY ROAD	Hilton Head Island	SC	29926	NONE	PUBLIC	UNRESTRICTED	$5,000
UNITED WAY
1538 FORDING ISL ROAD STE 107	Hilton Head Island	SC	29926	NONE	PUBLIC	UNRESTRICTED	$15,000
AMERICAN FOUNDATION FOR BLIND
2 PENN PLAZA STE 1102	New York	NY	10121	NONE	PUBLIC	UNRESTRICTED	$200
ARTHRITUS FTD WASHINGTON DC
PO BOX 96280	Washington	DC	20077	NONE	PUBLIC	UNRESTRICTED	$500
BISHOPS STEWARD APPEAL
PO BOX 818	Charleston	SC	29402	NONE	PUBLIC	UNRESTRICTED	$2,500
ETV ENDOWMENT
1101 GEORGE ROGERS BLVD	Columbia	SC	29201	NONE	PUBLIC	UNRESTRICTED	$100
GSA FOUNDATION
PO BOX 8458	Greenville	SC	29604	NONE	PUBLIC	UNRESTRICTED	$1,000
HEIFER INTL
1 WORLD AVE	Little Rock	AR	72202	NONE	PUBLIC	UNRESTRICTED	$15,000
INDIANA RIGHT TO LIFE
9465 COUNSELORS ROW STE 200	Indianapolis	IN	46240	NONE	PUBLIC	UNRESTRICTED	$1,500
MAIN STREET YOUTH THEATER
25 NEW ORLEANS ROAD	Hilton Head Island	SC	29938	NONE	PUBLIC	UNRESTRICTED	$1,000
MONTCLAIR STATE UNIVERSITY
1 NORMAL AVE	Montclair	NJ	07043	NONE	PUBLIC	UNRESTRICTED	$1,000
POPE JOHN PAUL II HIGH SCHOOL
HIGHWAY 170	Okatie	SC	29909	NONE	PUBLIC	UNRESTRICTED	$2,500
SISTERS ACADEMY
139 FIRST AVENUE	Halethorpe	MD	21227	NONE	PUBLIC	UNRESTRICTED	$1,000
SOLES 4 SOULS
319 MARTINGALE DRIVE	Old Hickory	TN	37138	NONE	PUBLIC	UNRESTRICTED	$100
ST JUDE
262 DANNY THOMAS PLACE	Memphis	TN	38105	NONE	PUBLIC	UNRESTRICTED	$2,500
UTICA COLLEGE
1600 BURRSTONE RD	Utica	NY	13502	NONE	PUBLIC	UNRESTRICTED	$1,000
SANDBOX
18A POPE AVE	Hilton Head Island	SC	29928	NONE	PUBLIC	UNRESTRICTED	$5,000
ALZHEIMERS FOUNDATION
322 EIGHTH AVE 7TH FLOOR	New York	NY	10001	NONE	PUBLIC	UNRESTRICTED	$500
MUSTARD SEED COMMUNITIES
29 JANES AVENUE	Medfield	MA	02052	NONE	PUBLIC	UNRESTRICTED	$5,000
WOUNDED WARRIOR
7020 AC SKINNER PARKWAY	Jacksonville	FL	32256	NONE	PUBLIC	UNRESTRICTED	$4,000
ST FRANCIS BY THE SEA CHURCH
45 BEACH CITY ROAD	Hilton Head Island	SC	29926	NONE	PUBLIC	UNRESTRICTED	$5,000
AMERICAN RED CROSS
59 SHERIDAN CROSS	Bluffton	SC	29910	NONE	PUBLIC	UNRESTRICTED	$25,000
HEMOPHILIA ASSOCIATION OF NJ
197 STATE ROUTE 18 206N	East Brunswick	NJ	08816	NONE	PUBLIC	UNRESTRICTED	$35,000
DEEP WELL
PO BOX 5543	Hilton Head Island	SC	29926	NONE	PUBLIC	UNRESTRICTED	$15,000
HILTON HEAD HUMANE SOCIETY
10 HUMANE WAY	Hilton Head Island	SC	29926	NONE	PUBLIC	UNRESTRICTED	$3,500
RHETT FOUNDATION
14 WELLS EAST DRIVE	Hilton Head Island	SC	29926	NONE	PUBLIC	UNRESTRICTED	$5,000
LUSTGARTEN FOUNDATION
1111 STEWART AVE	Blue Point	NY	11715	NONE	PUBLIC	UNRESTRICTED	$5,000
HABITAT FOR HUMANITY
102 IRON MOUNTAIN ROAD	Mine Hill	NJ	07803	NONE	PUBLIC	UNRESTRICTED	$2,000
WATERORG
920 MAIN STREET STE 1800	Kansas City	MO	64105	NONE	PUBLIC	UNRESTRICTED	$1,500
SCRIPPS RESEARCH
10550 N TORREY PINES ROAD	La Jolla	CA	92037	NONE	PUBLIC	UNRESTRICTED	$5,000
QUEEN OF PEACE
191 RUTHERFORD PLACE	North Arlington	NJ	07031	NONE	PUBLIC	UNRESTRICTED	$5,000
VOLUNTEERS IN MEDICINE
162 ST PAUL STREET	Burlington	VT	05401	NONE	PUBLIC	UNRESTRICTED	$7,000
ISLAND REC
20 WILBORN ROAD	Hilton Head Island	SC	29926	NONE	PUBLIC	UNRESTRICTED	$5,000
ST ANDREWS CHURCH UPWARD
20 POPE AVE	Hilton Head Island	SC	29928	NONE	PUBLIC	UNRESTRICTED	$500

Field	Value	IRS element (for citing)
Tot Grant Or Contri Paid During Year	235900	TotGrantOrContriPaidDuringYear

Analysis Income Producing Acty AnalysisIncomeProducingActy

Int On Savings And Temp Cash Invst IntOnSavingsAndTempCashInvst

Field	Value	IRS element (for citing)
Exclusion Code	14	ExclusionCode
Exclusion	$3,740	ExclusionAmount

Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII

Field	Value	IRS element (for citing)
Exclusion Code	14	ExclusionCode
Exclusion	$55,181	ExclusionAmount

Gain Sales Assets Oth Than Invntry GainSalesAssetsOthThanInvntry

Field	Value	IRS element (for citing)
Unrelated Business Income	$98,103	UnrelatedBusinessIncomeAmount
Exclusion Code	18	ExclusionCode

Subtotals Part XVIA SubtotalsPartXVIA

Field	Value	IRS element (for citing)
Unrelated Business Income	$98,103	UnrelatedBusinessIncomeAmount
Exclusion	$58,921	ExclusionAmount

Field	Value	IRS element (for citing)
Total Part XVIA	157024	TotalPartXVIA

Trnsfr Tr Rln With Noncharitable EO TrnsfrTrRlnWithNoncharitableEO

Field	Value	IRS element (for citing)
Trnsfr Of Cash To Noncharitable EO	false	TrnsfrOfCashToNoncharitableEO
Trnsfr Oth Assets Noncharitable EO	false	TrnsfrOthAssetsNoncharitableEO
Sales Or Exchanges Of Assets	false	SalesOrExchangesOfAssets
Purchase Assets Noncharitable EO	false	PurchaseAssetsNoncharitableEO
Rental Of Facilities Etc	false	RentalOfFacilitiesEtc
Reimbursement Arrangements	false	ReimbursementArrangements
Loans Or Loan Guarantees	false	LoansOrLoanGuarantees
Performance Of Services Etc	false	PerformanceOfServicesEtc
Sharing Of Facilities Etc	false	SharingOfFacilitiesEtc
Relationships Noncharitable E Os	false	RelationshipsNoncharitableEOs

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees AccountingFees

Field	Value	IRS element (for citing)
Category	ACCOUNTING FEES	Category
Amount	$2,200	Amount
Net Investment Income	1100	NetInvestmentIncome
Adjusted Net Income	0	AdjustedNetIncome
Disbursements Charitable Prps	1100	DisbursementsCharitablePrps

Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule

Investments Corp Bonds InvestmentsCorpBonds

Field	Value	IRS element (for citing)
Name Of Bond	CORPORATE BONDS	NameOfBond
EOY Book Value	0	EOYBookValue
EOYFMV	0	EOYFMV

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corp Stock InvestmentsCorpStock

Field	Value	IRS element (for citing)
Name Of Stock	CORPORATE STOCK	NameOfStock
EOY Book Value	900373	EOYBookValue
EOYFMV	862600	EOYFMV

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOther (3 entries)

Category Or ItemCategoryOrItem	Book ValueBookValue	EOYFMVEOYFMV
MERRILL LYNCH CLOSED END MUTUAL FUN	1314561	1339416
MERRILL LYNCH SHORTS (NEGATIVE)	27841	17766
MERRILL LYNCH OTHER	300000	282432

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases OtherDecreases

Field	Value	IRS element (for citing)
Description	NET CHANGE IN UNREALIZED GAINSLOSS	Description
Amount	$11,404	Amount

Other Increases Schedule OtherIncreasesSchedule

Other Increases OtherIncreases

Field	Value	IRS element (for citing)
Description	TRANSFER FROM NEUBERGER DEC 2012	Description
Amount	$1,561,197	Amount

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees OtherProfessionalFees

Field	Value	IRS element (for citing)
Category	MERRILL LYNCH	Category
Amount	$23,373	Amount
Net Investment Income	11687	NetInvestmentIncome
Adjusted Net Income	0	AdjustedNetIncome
Disbursements Charitable Prps	11687	DisbursementsCharitablePrps

Taxes Schedule TaxesSchedule

Taxes Taxes (3 entries)

CategoryCategory	AmountAmount	Net Investment IncomeNetInvestmentIncome	Adjusted Net IncomeAdjustedNetIncome	Disbursements Charitable PrpsDisbursementsCharitablePrps
FEDERAL	$3,538	0	0	0
FOREIGN TAXES	$1,546	0	0	0
STATE	$150	0	0	0

GLEASON FAMILY FOUNDATION INC: Form 990PF, tax year 2012

Return header ReturnHeader

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Preparer Firm US Address PreparerFirmUSAddress

Filer Filer

Name Name

US Address USAddress

Officer Officer

Preparer Preparer

Form 990-PF IRS990PF

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Balance Sheets BalanceSheets

Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances

Capital Gains And Losses CapitalGainsAndLosses

Capital Gains And Losses Info CapitalGainsAndLossesInfo

Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax

Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm

Statements Regarding Activities StatementsRegardingActivities

Books In Care Of US Address BooksInCareOfUSAddress

Statements Regarding Acty4720 StatementsRegardingActy4720

Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo

Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee (5 entries)

Summary Of Direct Charitable Acty SummaryOfDirectCharitableActy

Sum Of Program Related Investments SumOfProgramRelatedInvestments

Minimum Investment Return MinimumInvestmentReturn

Distributable DistributableAmount

Qualifying Distributions QualifyingDistributions

Undistributed Income UndistributedIncome

Supplementary Information SupplementaryInformation

Appication Submission Info AppicationSubmissionInfo

Recipient US Address RecipientUSAddress

Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (55 entries)

Analysis Income Producing Acty AnalysisIncomeProducingActy

Int On Savings And Temp Cash Invst IntOnSavingsAndTempCashInvst

Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII

Gain Sales Assets Oth Than Invntry GainSalesAssetsOthThanInvntry

Subtotals Part XVIA SubtotalsPartXVIA

Trnsfr Tr Rln With Noncharitable EO TrnsfrTrRlnWithNoncharitableEO

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees AccountingFees

Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule

Investments Corp Bonds InvestmentsCorpBonds

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corp Stock InvestmentsCorpStock

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOther (3 entries)

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases OtherDecreases

Other Increases Schedule OtherIncreasesSchedule

Other Increases OtherIncreases

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees OtherProfessionalFees

Taxes Schedule TaxesSchedule

Taxes Taxes (3 entries)

Comments