SCA CHARITABLE FOUNDATION INC: Form 990PF, tax year 2012

View the entire original 990 at ProPublica ↗

Organization
SCA CHARITABLE FOUNDATION INC (EIN 90-0484624)
Tax period
2012-01-01 to 2012-12-31
Filed
2013-05-24
IRS object ID
201301489349100005
Schema version
2012v2.0
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)
Timestamp2013-05-24T08:21:39-07:00Timestamp
Tax Period End Date2012-12-31TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1Lederer Levine & Associates LLCBusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line11099 Wall St West Suite 280AddressLine1
CityLyndhurstCity
StateNJState
ZIP Code07071ZIPCode
FieldValueIRS element (for citing)
Return Type990PFReturnType
Tax Period Begin Date2012-01-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN900484624EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1SCA CHARITABLE FOUNDATIONBusinessNameLine1
FieldValueIRS element (for citing)
Name ControlSCACNameControl
Phone9177570379Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line1326 ROUND HILL ROADAddressLine1
CityGREENWICHCity
StateCTState
ZIP Code06831ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameMICHAEL POLLACKName
TitlePRESIDENT & DIRTitle
Date Signed2013-05-24DateSigned
Authorize Third PartytrueAuthorizeThirdParty

Preparer Preparer

FieldValueIRS element (for citing)
NameKenneth J LedererName
PTINP00396373PTIN
Phone2019333780Phone
FieldValueIRS element (for citing)
Tax Year2012TaxYear
Build TS2016-02-25 16:41:14ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Exempt PFXExemptPF
FMV Assets EOY1858250FMVAssetsEOY
Method Of Accounting CashXMethodOfAccountingCash

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Not Required To Attach Schedule BXNotRequiredToAttachScheduleB
Dividends Rev And Expnss198006DividendsRevAndExpnss
Dividends Net Invst Incm198006DividendsNetInvstIncm
Net Gain Sale Assets Rev And Expnss4118NetGainSaleAssetsRevAndExpnss
Gross Sales Price35531GrossSalesPrice
Capital Gain Net Incm Net Invst Incm4118CapitalGainNetIncmNetInvstIncm
Net STCG Adj Net Incm3096NetSTCGAdjNetIncm
Other Income Rev And Expnss22OtherIncomeRevAndExpnss
Other Income Net Invst Incm22OtherIncomeNetInvstIncm
Total Revenue And Expenses202146TotalRevenueAndExpenses
Total Net Investment Income202146TotalNetInvestmentIncome
Total Adjusted Net Income3096TotalAdjustedNetIncome
Accounting Fees Rev And Expnss3000AccountingFeesRevAndExpnss
Accounting Fees Net Invst Incm1500AccountingFeesNetInvstIncm
Accounting Fees Dsbrs Chrtbl Prps1500AccountingFeesDsbrsChrtblPrps
Other Prof Fees Rev And Expnss2800OtherProfFeesRevAndExpnss
Other Prof Fees Net Invst Incm2800OtherProfFeesNetInvstIncm
Other Prof Fees Dsbrs Chrtbl Prps2800OtherProfFeesDsbrsChrtblPrps
Interest Rev And Expnss425InterestRevAndExpnss
Interest Net Invst Incm425InterestNetInvstIncm
Interest Dsbrs Chrtbl Prps425InterestDsbrsChrtblPrps
Taxes Rev And Expnss7049TaxesRevAndExpnss
Taxes Dsbrs Chrtbl Prps7049TaxesDsbrsChrtblPrps
Other Expenses Rev And Expnss1082OtherExpensesRevAndExpnss
Other Expenses Net Invst Incm1082OtherExpensesNetInvstIncm
Other Expenses Dsbrs Chrtbl Prps1082OtherExpensesDsbrsChrtblPrps
Tot Opr Expenses Rev And Expnss14356TotOprExpensesRevAndExpnss
Tot Opr Expenses Net Invst Incm5807TotOprExpensesNetInvstIncm
Tot Opr Expenses Dsbrs Chrtbl Prps12856TotOprExpensesDsbrsChrtblPrps
Contri Gifts Paid Rev And Expnss137350ContriGiftsPaidRevAndExpnss
Contri Gifts Paid Dsbrs Chrtbl Prps137350ContriGiftsPaidDsbrsChrtblPrps
Total Expenses Rev And Expnss151706TotalExpensesRevAndExpnss
Total Expenses Net Invst Incm5807TotalExpensesNetInvstIncm
Total Expenses Dsbrs Chrtbl Prps150206TotalExpensesDsbrsChrtblPrps
Excess Of Revenue Over Expenses50440ExcessOfRevenueOverExpenses
Net Investment Income196339NetInvestmentIncome
Adjusted Net Income3096AdjustedNetIncome

Balance Sheets BalanceSheets

FieldValueIRS element (for citing)
Savings And Temp Cash Invst BOY230244SavingsAndTempCashInvstBOY
Savings And Temp Cash Invst EOY57729SavingsAndTempCashInvstEOY
Savings And Temp Cash Invst EOYFMV57729SavingsAndTempCashInvstEOYFMV
Investments Corp Stock BOY31400InvestmentsCorpStockBOY
Investments Mortgage Loans BOY1537343InvestmentsMortgageLoansBOY
Investments Mortgage Loans EOY1569749InvestmentsMortgageLoansEOY
Investments Mortgage Loans EOYFMV1569749InvestmentsMortgageLoansEOYFMV
Investments Other EOY230772InvestmentsOtherEOY
Investments Other EOYFMV230772InvestmentsOtherEOYFMV
Total Assets BOY1798987TotalAssetsBOY
Total Assets EOY1858250TotalAssetsEOY
Total Assets EOYFMV1858250TotalAssetsEOYFMV
Total Liabilities EOY0TotalLiabilitiesEOY
Org That Follow SFAS117XOrgThatFollowSFAS117
Unrestricted BOY1798987UnrestrictedBOY
Unrestricted EOY1858250UnrestrictedEOY
Total Net Assets BOY1798987TotalNetAssetsBOY
Total Net Assets EOY1858250TotalNetAssetsEOY
Total Liabilities Net Assets BOY1798987TotalLiabilitiesNetAssetsBOY
Total Liabilities Net Assets EOY1858250TotalLiabilitiesNetAssetsEOY

Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances

FieldValueIRS element (for citing)
Total Net Assets Fund Balances BOY1798987TotalNetAssetsFundBalancesBOY
Excess Of Revenue Over Expenses50440ExcessOfRevenueOverExpenses
Other Increases8823OtherIncreases
Subtotal1858250Subtotal
Total Net Assets Fund Balances EOY1858250TotalNetAssetsFundBalancesEOY

Capital Gains And Losses CapitalGainsAndLosses

Capital Gains And Losses Info CapitalGainsAndLossesInfo (3 entries)

Description Of AssetDescriptionOfAssetHow AcquiredHowAcquiredDate AcquiredDateAcquiredDate SoldDateSoldCost Or Other BasisCostOrOtherBasisGain Or LossGainOrLossGains Minus Excess Or LossesGainsMinusExcessOrLossesGross Sales PriceGrossSalesPrice
PER K-1 DESTRIER CAPITAL PARTNERS LPP2012-09-272012-12-3113-13-13
PER K-1 DESTRIER CAPITAL PARTNERS LPP2012-09-272012-12-31310931093109
3750 MOVE INCP2010-06-092012-02-28314001022102232422
FieldValueIRS element (for citing)
Capital Gain Net Income4118CapitalGainNetIncome
Net Short Term Capital Gain Or Loss3096NetShortTermCapitalGainOrLoss

Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax

FieldValueIRS element (for citing)
Liable For4942 TaxfalseLiableFor4942Tax
Qualifying Distributions Year1187955QualifyingDistributionsYear1
Noncharitable Assets Year11724520NoncharitableAssetsYear1
Distribution Ratio Year10.10899DistributionRatioYear1
Qualifying Distributions Year2165070QualifyingDistributionsYear2
Noncharitable Assets Year21529749NoncharitableAssetsYear2
Distribution Ratio Year20.10791DistributionRatioYear2
Qualifying Distributions Year376000QualifyingDistributionsYear3
Noncharitable Assets Year3216832NoncharitableAssetsYear3
Distribution Ratio Year30.35050DistributionRatioYear3
Total Distribution Ratio0.56740TotalDistributionRatio
Average Distribution Ratio0.14185AverageDistributionRatio
Net Noncharitable Assets1680405NetNoncharitableAssets
Adjusted Noncharitable Assets238365AdjustedNoncharitableAssets
One Percent Net Investment Income1963OnePercentNetInvestmentIncome
Adj Nonchrtbl Assets And One240328AdjNonchrtblAssetsAndOnePct
Qualifying Distributions150206QualifyingDistributions

Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm

FieldValueIRS element (for citing)
Investment Income Excise Tax3927InvestmentIncomeExciseTax
Subtotal3927Subtotal
Tax Based On Investment Income3927TaxBasedOnInvestmentIncome
Est Tax Payments And Overpayment3500EstTaxPaymentsAndOverpayment
Total Credits And Payments3500TotalCreditsAndPayments
Tax Due427TaxDue

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
Form990 T FiledfalseForm990TFiled
Termination EtcfalseTerminationEtc
Requirements Of Sect508efalseRequirementsOfSect508e
At Least5000 In AssetstrueAtLeast5000InAssets
States Filed WithPAStatesFiledWith
Form990 PF Filed With AGtrueForm990PFFiledWithAG
Private Operating FoundationfalsePrivateOperatingFoundation
New Substantial ContributorsfalseNewSubstantialContributors
Interest In Controlled EntityfalseInterestInControlledEntity
Applicable Insurance ContractfalseApplicableInsuranceContract
Comply With Public Inspection RqrtrueComplyWithPublicInspectionRqr
Website AddressWWW.SCACHARITABLEFOUNDATION.ORGWebsiteAddress

Books In Care Of Business Name BooksInCareOfBusinessName

FieldValueIRS element (for citing)
Business Name Line1MICHAEL POLLACKBusinessNameLine1
FieldValueIRS element (for citing)
Books In Care Of Phone Number9177570379BooksInCareOfPhoneNumber

Books In Care Of US Address BooksInCareOfUSAddress

FieldValueIRS element (for citing)
Address Line1326 ROUND HILL ROADAddressLine1
CityGREENWICHCity
StateCTState
ZIP Code068313343ZIPCode
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
Acts Fail To Qualify As ExceptionsfalseActsFailToQualifyAsExceptions
Uncorrected Prior ActsfalseUncorrectedPriorActs
Undistributed Income Prior YearsfalseUndistributedIncomePriorYears
Undistr Income4942a2 Not AppliedfalseUndistrIncome4942a2NotApplied
Business HoldingsfalseBusinessHoldings
Excess Business HoldingsfalseExcessBusinessHoldings
Jeopardy InvestmentsfalseJeopardyInvestments
Uncorrected Jeopardy InvestmentsfalseUncorrectedJeopardyInvestments
Influence LegislationfalseInfluenceLegislation
Influence ElectionfalseInfluenceElection
Grants To IndividualsfalseGrantsToIndividuals
Grants To OrganizationsfalseGrantsToOrganizations
Noncharitable PurposefalseNoncharitablePurpose
Tr Fail To Qualify As ExceptionsfalseTrFailToQualifyAsExceptions
Maint Expend ResponsibilityfalseMaintExpendResponsibility
Rcv Funds To Pay Prsnl Bnft ContractfalseRcvFundsToPayPrsnlBnftContract
Pay Premiums Prsnl Bnft ContractfalsePayPremiumsPrsnlBnftContract
Prohibited Tax Shelter TransactnfalseProhibitedTaxShelterTransactn
Proceeds Or Net IncomefalseProceedsOrNetIncome

Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo

Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee (5 entries)

Address Line1USAddress/AddressLine1CityUSAddress/CityStateUSAddress/StateZIP CodeUSAddress/ZIPCodeTitleTitleAvg Hours Per Wk Devoted To PositionAvgHoursPerWkDevotedToPositionCompensationCompensation
JASON KARP
326 ROUND HILL ROADGREENWICHCT06831Director1.000
NADINE MIRCHANDANI
326 ROUND HILL ROADGREENWICHCT06831Director1.000
ANJALI POLLACK
326 ROUND HILL ROADGREENWICHCT06831Director1.000
HELEINA BERNSTEIN
326 ROUND HILL ROADGREENWICHCT06831Treasurer, SECT5.000
MICHAEL POLLACK
326 ROUND HILL ROADGREENWICHCT06831PRESIDENT & DIR10.000
FieldValueIRS element (for citing)
Comp Of Highest Paid Empl NONENONECompOfHighestPaidEmplNONE
Comp Of Hghst Paid Cntrct NONENONECompOfHghstPaidCntrctNONE

Summary Of Direct Charitable Acty SummaryOfDirectCharitableActy

FieldValueIRS element (for citing)
Description1GRANTMAKING TO CHARITIES WITH 501(C)(3) STATUS THAT FOCUS ON EDUCATION AND THE REDUCTION OF POVERTY.Description1
Expenses1137350Expenses1

Minimum Investment Return MinimumInvestmentReturn

FieldValueIRS element (for citing)
Avg Monthly FMV Of Securities74856AvgMonthlyFMVOfSecurities
Avg Monthly Cash Balances61390AvgMonthlyCashBalances
FMV All Other Noncharitable Assets1569749FMVAllOtherNoncharitableAssets
Total FMV Of Unused Assets1705995TotalFMVOfUnusedAssets
Reduction Claimed0ReductionClaimed
Adj Total FMV Of Unused Assets1705995AdjTotalFMVOfUnusedAssets
Cash Deemed Charitable25590CashDeemedCharitable
Net Noncharitable Assets1680405NetNoncharitableAssets
Minimum Investment Return84020MinimumInvestmentReturn

Distributable DistributableAmount

FieldValueIRS element (for citing)
Minimum Investment Return84020MinimumInvestmentReturn
Tax Based On Investment Income3927TaxBasedOnInvestmentIncome
Total Tax3927TotalTax
Distributable Amount Before Adj80093DistributableAmountBeforeAdj
Distributable Amount Before Ded80093DistributableAmountBeforeDed
Distributable Amount As Adjusted80093DistributableAmountAsAdjusted

Qualifying Distributions QualifyingDistributions

FieldValueIRS element (for citing)
Expenses And Contributions150206ExpensesAndContributions
Qualifying Distributions150206QualifyingDistributions
Adj Qualifying Distributions150206AdjQualifyingDistributions

Undistributed Income UndistributedIncome

FieldValueIRS element (for citing)
Distributable Amount As Adjusted80093DistributableAmountAsAdjusted
Excess Distri Carryover Year384652ExcessDistriCarryoverYear3
Excess Distri Carryover Year293467ExcessDistriCarryoverYear2
Excess Distri Carryover Year1105106ExcessDistriCarryoverYear1
Total Excess Distri Carryover283225TotalExcessDistriCarryover
Qualifying Distributions150206QualifyingDistributions
Treated As Distri From Corpus0TreatedAsDistriFromCorpus
Applied To Current Year80093AppliedToCurrentYear
Remaining Distri From Corpus70113RemainingDistriFromCorpus
Total Corpus353338TotalCorpus
Undistributed Income CY0UndistributedIncomeCY
Excess Distri Cyov To Next Year353338ExcessDistriCyovToNextYear
Excess From Year384652ExcessFromYear3
Excess From Year293467ExcessFromYear2
Excess From Year1105106ExcessFromYear1
Excess From Current Year70113ExcessFromCurrentYear

Supplementary Information SupplementaryInformation

FieldValueIRS element (for citing)
Contributing ManagerMICHAEL POLLACKContributingManager
Only Contributes To PreselectedXOnlyContributesToPreselected

Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (4 entries)

Address Line1RecipientUSAddress/AddressLine1CityRecipientUSAddress/CityStateRecipientUSAddress/StateZIP CodeRecipientUSAddress/ZIPCodeRecipient RelationshipRecipientRelationshipRecipient Foundation StatusRecipientFoundationStatusPurpose Of Grant Or ContributionPurposeOfGrantOrContributionAmountAmount
GLOBAL GIVING FOUNDATION
1023 15TH STREET NW SUITE 1200WASHINGTON DCDC20005GRANT501C3EDUCATION & HEALTH$5,000
ARPAN FOUNDATION
19401 S VERMONT AVE STE K-105TORRANCECA90502GRANT501C3EDUCATION & HEALTH$25,000
DASRA
12338 MAILY MEADOWLANESUGAR LANDTX77478GRANT501C3EDUCATION & HEALTH$82,350
LEND-A-HAND INDIA INC
784 COLUMBUS AVE STE10GNEW YORKNY10025GRANT501C3EDUC & SKILLS TRAINING$25,000
FieldValueIRS element (for citing)
Tot Grant Or Contri Paid During Year137350TotGrantOrContriPaidDuringYear

Analysis Income Producing Acty AnalysisIncomeProducingActy

Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII

FieldValueIRS element (for citing)
Exclusion Code14ExclusionCode
Exclusion$198,006ExclusionAmount

Other Investment Income Part VII OtherInvestmentIncomePartVII

FieldValueIRS element (for citing)
Exclusion Code1ExclusionCode
Exclusion$22ExclusionAmount

Gain Sales Assets Oth Than Invntry GainSalesAssetsOthThanInvntry

FieldValueIRS element (for citing)
Exclusion Code14ExclusionCode
Exclusion$4,118ExclusionAmount

Subtotals Part XVIA SubtotalsPartXVIA

FieldValueIRS element (for citing)
Exclusion$202,146ExclusionAmount
FieldValueIRS element (for citing)
Total Part XVIA202146TotalPartXVIA

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

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees AccountingFees

FieldValueIRS element (for citing)
CategoryACCOUNTINGCategory
Amount$3,000Amount
Net Investment Income1500NetInvestmentIncome
Adjusted Net Income0AdjustedNetIncome
Disbursements Charitable Prps1500DisbursementsCharitablePrps

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOther

FieldValueIRS element (for citing)
Category Or ItemDESTRIER CAPITAL PARTNERS LPCategoryOrItem
Listed At Cost Or FMVFMVListedAtCostOrFMV
Book Value230772BookValue
EOYFMV230772EOYFMV

Other Expenses Schedule OtherExpensesSchedule

Other Expenses OtherExpenses (2 entries)

DescriptionDescriptionRevenue And Expenses Per BooksRevenueAndExpensesPerBooksNet Investment IncomeNetInvestmentIncomeDisbursements Charitable PrpsDisbursementsCharitablePrps
WIRE FEES / OTHER326326326
PER K-1 - OTHER DEDUCTIONS756756756

Other Income Schedule2 OtherIncomeSchedule2

Other Income OtherIncome

FieldValueIRS element (for citing)
DescriptionOther Investment IncomeDescription
Revenue And Expenses Per Books22RevenueAndExpensesPerBooks
Net Investment Income22NetInvestmentIncome

Other Increases Schedule OtherIncreasesSchedule

Other Increases OtherIncreases (2 entries)

DescriptionDescriptionAmountAmount
UNREALIZED GAINS/LOSSES$1,854
TAXES$6,969

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees OtherProfessionalFees

FieldValueIRS element (for citing)
CategoryOTHER SERVICESCategory
Amount$2,800Amount
Net Investment Income2800NetInvestmentIncome
Adjusted Net Income0AdjustedNetIncome
Disbursements Charitable Prps2800DisbursementsCharitablePrps

Taxes Schedule TaxesSchedule

Taxes Taxes (2 entries)

CategoryCategoryAmountAmountDisbursements Charitable PrpsDisbursementsCharitablePrps
BALANCE 2011$3,5493549
2012 ESTIMATE$3,5003500

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