POLISSENI FOUNDATION INC: Form 990PF, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- POLISSENI FOUNDATION INC (EIN 16-1611263)
- Tax period
- 2012-09-01 to 2013-08-31
- Filed
- 2013-10-18
- IRS object ID
- 201302919349100500
- 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 Stock Schedule
- Investments Govt Obligations Sch
- Legal Fees Schedule
- Other Expenses Schedule
- Other Liabilities Schedule
- Substantial Contributors Sch
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-10-18T09:03:12-05:00 | Timestamp |
| Tax Period End Date | 2013-08-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 264298079 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | EFP ROTENBERG LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 280 KENNETH DRIVE | AddressLine1 |
| City | ROCHESTER | City |
| State | NY | State |
| ZIP Code | 14623 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnType |
| Tax Period Begin Date | 2012-09-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 161611263 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE POLISSENI FOUNDATION INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | POLI | NameControl |
| Phone | 5856410151 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | C/O GP ASSOCIATES 1080 PITTSFORD | AddressLine1 |
| Address Line2 | VICTO NO 201 | AddressLine2 |
| City | PITTSFORD | City |
| State | NY | State |
| ZIP Code | 14534 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | GARY POLISSENI | Name |
| Title | PRESIDENT | Title |
| Phone | 5856410151 | Phone |
| Date Signed | 2013-09-18 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | ROBERT N PORRETTI CPA | Name |
| PTIN | P00956235 | PTIN |
| Phone | 5854278900 | Phone |
| Date Prepared | 2013-09-18 | DatePrepared |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exempt PF | X | ExemptPF |
| FMV Assets EOY | 0 | FMVAssetsEOY |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Received Rev And Expnss | 500 | ContriReceivedRevAndExpnss |
| Not Required To Attach Schedule B | X | NotRequiredToAttachScheduleB |
| Dividends Rev And Expnss | 11965 | DividendsRevAndExpnss |
| Dividends Net Invst Incm | 11965 | DividendsNetInvstIncm |
| Net Gain Sale Assets Rev And Expnss | 849961 | NetGainSaleAssetsRevAndExpnss |
| Gross Sales Price | 962461 | GrossSalesPrice |
| Capital Gain Net Incm Net Invst Incm | 849961 | CapitalGainNetIncmNetInvstIncm |
| Total Revenue And Expenses | 862426 | TotalRevenueAndExpenses |
| Total Net Investment Income | 861926 | TotalNetInvestmentIncome |
| Comp Ofcr Dir Trst Rev And Expnss | 0 | CompOfcrDirTrstRevAndExpnss |
| Comp Ofcr Dir Trst Net Invst Incm | 0 | CompOfcrDirTrstNetInvstIncm |
| Comp Ofcr Dir Trst Dsbrs Chrtbl Prps | 0 | CompOfcrDirTrstDsbrsChrtblPrps |
| Oth Empl Slrs Wgs Rev And Expnss | 24000 | OthEmplSlrsWgsRevAndExpnss |
| Oth Empl Slrs Wgs Net Invst Incm | 12000 | OthEmplSlrsWgsNetInvstIncm |
| Oth Empl Slrs Wgs Dsbrs Chrtbl Prps | 12000 | OthEmplSlrsWgsDsbrsChrtblPrps |
| Legal Fees Rev And Expnss | 413 | LegalFeesRevAndExpnss |
| Legal Fees Net Invst Incm | 413 | LegalFeesNetInvstIncm |
| Legal Fees Dsbrs Chrtbl Prps | 0 | LegalFeesDsbrsChrtblPrps |
| Accounting Fees Rev And Expnss | 3465 | AccountingFeesRevAndExpnss |
| Accounting Fees Net Invst Incm | 3465 | AccountingFeesNetInvstIncm |
| Accounting Fees Dsbrs Chrtbl Prps | 0 | AccountingFeesDsbrsChrtblPrps |
| Interest Rev And Expnss | 4709 | InterestRevAndExpnss |
| Interest Net Invst Incm | 4709 | InterestNetInvstIncm |
| Interest Dsbrs Chrtbl Prps | 0 | InterestDsbrsChrtblPrps |
| Taxes Rev And Expnss | 28059 | TaxesRevAndExpnss |
| Taxes Net Invst Incm | 1443 | TaxesNetInvstIncm |
| Taxes Dsbrs Chrtbl Prps | 1444 | TaxesDsbrsChrtblPrps |
| Other Expenses Rev And Expnss | 2270 | OtherExpensesRevAndExpnss |
| Other Expenses Net Invst Incm | 708 | OtherExpensesNetInvstIncm |
| Other Expenses Dsbrs Chrtbl Prps | 1562 | OtherExpensesDsbrsChrtblPrps |
| Tot Opr Expenses Rev And Expnss | 62916 | TotOprExpensesRevAndExpnss |
| Tot Opr Expenses Net Invst Incm | 22738 | TotOprExpensesNetInvstIncm |
| Tot Opr Expenses Dsbrs Chrtbl Prps | 15006 | TotOprExpensesDsbrsChrtblPrps |
| Contri Gifts Paid Rev And Expnss | 251500 | ContriGiftsPaidRevAndExpnss |
| Contri Gifts Paid Dsbrs Chrtbl Prps | 251500 | ContriGiftsPaidDsbrsChrtblPrps |
| Total Expenses Rev And Expnss | 314416 | TotalExpensesRevAndExpnss |
| Total Expenses Net Invst Incm | 22738 | TotalExpensesNetInvstIncm |
| Total Expenses Dsbrs Chrtbl Prps | 266506 | TotalExpensesDsbrsChrtblPrps |
| Excess Of Revenue Over Expenses | 548010 | ExcessOfRevenueOverExpenses |
| Net Investment Income | 839188 | NetInvestmentIncome |
Balance Sheets BalanceSheets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investments Govt Oblig BOY | 184306 | InvestmentsGovtObligBOY |
| Investments Govt Oblig EOY | 184306 | InvestmentsGovtObligEOY |
| Investments Govt Oblig EOYFMV | 0 | InvestmentsGovtObligEOYFMV |
| Investments Corp Stock BOY | 1991753 | InvestmentsCorpStockBOY |
| Investments Corp Stock EOY | 1879253 | InvestmentsCorpStockEOY |
| Investments Corp Stock EOYFMV | 0 | InvestmentsCorpStockEOYFMV |
| Land Building And Equipment Basis | 24261 | LandBuildingAndEquipmentBasis |
| Accum Deprec Land Bldg And Equip | 24261 | AccumDeprecLandBldgAndEquip |
| Total Assets BOY | 2176059 | TotalAssetsBOY |
| Total Assets EOY | 2063559 | TotalAssetsEOY |
| Total Assets EOYFMV | 0 | TotalAssetsEOYFMV |
| Mortgages And Notes Payable BOY | 650080 | MortgagesAndNotesPayableBOY |
| Mortgages And Notes Payable EOY | 59592 | MortgagesAndNotesPayableEOY |
| Other Liabilities BOY | 70022 | OtherLiabilitiesBOY |
| Other Liabilities EOY | 0 | OtherLiabilitiesEOY |
| Total Liabilities BOY | 720102 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 59592 | TotalLiabilitiesEOY |
| Org That Do Not Follow SFAS117 | X | OrgThatDoNotFollowSFAS117 |
| Capital Stock BOY | 0 | CapitalStockBOY |
| Capital Stock EOY | 0 | CapitalStockEOY |
| Paid In Or Capital Surplus BOY | 0 | PaidInOrCapitalSurplusBOY |
| Paid In Or Capital Surplus EOY | 0 | PaidInOrCapitalSurplusEOY |
| Retained Earnings BOY | 1455957 | RetainedEarningsBOY |
| Retained Earnings EOY | 2003967 | RetainedEarningsEOY |
| Total Net Assets BOY | 1455957 | TotalNetAssetsBOY |
| Total Net Assets EOY | 2003967 | TotalNetAssetsEOY |
| Total Liabilities Net Assets BOY | 2176059 | TotalLiabilitiesNetAssetsBOY |
| Total Liabilities Net Assets EOY | 2063559 | TotalLiabilitiesNetAssetsEOY |
Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Net Assets Fund Balances BOY | 1455957 | TotalNetAssetsFundBalancesBOY |
| Excess Of Revenue Over Expenses | 548010 | ExcessOfRevenueOverExpenses |
| Other Increases | 0 | OtherIncreases |
| Subtotal | 2003967 | Subtotal |
| Other Decreases | 0 | OtherDecreases |
| Total Net Assets Fund Balances EOY | 2003967 | TotalNetAssetsFundBalancesEOY |
Capital Gains And Losses CapitalGainsAndLosses
Capital Gains And Losses Info CapitalGainsAndLossesInfo (3 entries)
| Description Of AssetDescriptionOfAsset | How AcquiredHowAcquired | Date SoldDateSold | Gross Sales PriceGrossSalesPrice | Cost Or Other BasisCostOrOtherBasis | Gain Or LossGainOrLoss | Gains Minus Excess Or LossesGainsMinusExcessOrLosses |
|---|---|---|---|---|---|---|
| 15,000 SHS OF PAYCHEX INC | P | 2012-12-17 | 447018 | 56250 | 390768 | 390768 |
| 15,000 SHS OF PAYCHEX INC | P | 2012-10-31 | 445421 | 56250 | 389171 | 389171 |
| PAYCHEX CALLS | P | 2012-12-17 | 70022 | 70022 | 70022 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | 849961 | CapitalGainNetIncome |
Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable For4942 Tax | 0 | LiableFor4942Tax |
| Qualifying Distributions Year1 | 416065 | QualifyingDistributionsYear1 |
| Noncharitable Assets Year1 | 582625 | NoncharitableAssetsYear1 |
| Distribution Ratio Year1 | 0.714121 | DistributionRatioYear1 |
| Qualifying Distributions Year2 | 247085 | QualifyingDistributionsYear2 |
| Noncharitable Assets Year2 | 767259 | NoncharitableAssetsYear2 |
| Distribution Ratio Year2 | 0.322036 | DistributionRatioYear2 |
| Qualifying Distributions Year3 | 365132 | QualifyingDistributionsYear3 |
| Noncharitable Assets Year3 | 932799 | NoncharitableAssetsYear3 |
| Distribution Ratio Year3 | 0.391437 | DistributionRatioYear3 |
| Qualifying Distributions Year4 | 1159869 | QualifyingDistributionsYear4 |
| Noncharitable Assets Year4 | 941339 | NoncharitableAssetsYear4 |
| Distribution Ratio Year4 | 1.232148 | DistributionRatioYear4 |
| Qualifying Distributions Year5 | 1342857 | QualifyingDistributionsYear5 |
| Noncharitable Assets Year5 | 998876 | NoncharitableAssetsYear5 |
| Distribution Ratio Year5 | 1.344368 | DistributionRatioYear5 |
| Total Distribution Ratio | 4.004110 | TotalDistributionRatio |
| Average Distribution Ratio | 0.800822 | AverageDistributionRatio |
| Net Noncharitable Assets | 322344 | NetNoncharitableAssets |
| Adjusted Noncharitable Assets | 258140 | AdjustedNoncharitableAssets |
| One Percent Net Investment Income | 8392 | OnePercentNetInvestmentIncome |
| Adj Nonchrtbl Assets And One | 266532 | AdjNonchrtblAssetsAndOnePct |
| Qualifying Distributions | 266506 | QualifyingDistributions |
Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | 16784 | InvestmentIncomeExciseTax |
| Tax Under Section511 | 0 | TaxUnderSection511 |
| Subtotal | 16784 | Subtotal |
| Subtitle A Tax | 0 | SubtitleATax |
| Tax Based On Investment Income | 16784 | TaxBasedOnInvestmentIncome |
| Est Tax Payments And Overpayment | 15840 | EstTaxPaymentsAndOverpayment |
| Total Credits And Payments | 15840 | TotalCreditsAndPayments |
| Tax Due | 944 | TaxDue |
Statements Regarding Activities StatementsRegardingActivities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Activities | 0 | LegislativePoliticalActivities |
| More Than100 Spent | 0 | MoreThan100Spent |
| Form1120 POL Filed | 0 | Form1120POLFiled |
| Sect4955 Tax On Organization | 0 | Sect4955TaxOnOrganization |
| Sect4955 Tax On Managers | 0 | Sect4955TaxOnManagers |
| Reimbursement Of Tax | 0 | ReimbursementOfTax |
| Activities Not Prev Reported | 0 | ActivitiesNotPrevReported |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylaws |
| Unrelated Bus Income Over1000 | 0 | UnrelatedBusIncomeOver1000 |
| Termination Etc | 0 | TerminationEtc |
| Requirements Of Sect508e | 0 | RequirementsOfSect508e |
| At Least5000 In Assets | 1 | AtLeast5000InAssets |
| States Filed With | NY | StatesFiledWith |
| Form990 PF Filed With AG | 1 | Form990PFFiledWithAG |
| Private Operating Foundation | 0 | PrivateOperatingFoundation |
| New Substantial Contributors | 1 | NewSubstantialContributors |
| Interest In Controlled Entity | 0 | InterestInControlledEntity |
| Applicable Insurance Contract | 0 | ApplicableInsuranceContract |
| Comply With Public Inspection Rqr | 1 | ComplyWithPublicInspectionRqr |
| Website Address | HTTP://WWW.POLISSENIFOUNDATION.COM/ | WebsiteAddress |
| Books In Care Of Person Name | GP ASSOCIATES | BooksInCareOfPersonName |
| Books In Care Of Phone Number | 5856410151 | BooksInCareOfPhoneNumber |
Books In Care Of US Address BooksInCareOfUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1080 PITTSFORD VICTOR ROAD SUITE | AddressLine1 |
| Address Line2 | 201 | AddressLine2 |
| City | PITTSFORD | City |
| State | NY | State |
| ZIP Code | 14534 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Bank | 0 | ForeignBank |
Statements Regarding Acty4720 StatementsRegardingActy4720
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exchange With Dsqfly Person | 0 | SaleOrExchangeWithDsqflyPerson |
| Borrow Or Lend With Dsqfly Person | 0 | BorrowOrLendWithDsqflyPerson |
| Furnished Goods With Dsqfly Person | 0 | FurnishedGoodsWithDsqflyPerson |
| Pay Compensation To Dsqfly Person | 0 | PayCompensationToDsqflyPerson |
| Transfer Assets To Dsqfly Person | 0 | TransferAssetsToDsqflyPerson |
| Payment To Government Offical | 0 | PaymentToGovernmentOffical |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActs |
| Undistributed Income Prior Years | 0 | UndistributedIncomePriorYears |
| Business Holdings | 0 | BusinessHoldings |
| Jeopardy Investments | 0 | JeopardyInvestments |
| Uncorrected Jeopardy Investments | 0 | UncorrectedJeopardyInvestments |
| Influence Legislation | 0 | InfluenceLegislation |
| Influence Election | 0 | InfluenceElection |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Noncharitable Purpose | 0 | NoncharitablePurpose |
| Rcv Funds To Pay Prsnl Bnft Contract | 0 | RcvFundsToPayPrsnlBnftContract |
| Pay Premiums Prsnl Bnft Contract | 0 | PayPremiumsPrsnlBnftContract |
| Prohibited Tax Shelter Transactn | 0 | 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 |
|---|---|---|---|---|---|---|---|---|
| WANDA POLISSENI | ||||||||
| 16 BEAUCLAIRE LANE | FAIRPORT | NY | 14450 | PRESIDENT | 0.00 | 0 | 0 | 0 |
| GARY POLISSENI | ||||||||
| 14 PERSIMMON DRIVE | PENFIELD | NY | 14526 | DIRECTOR | 0.00 | 0 | 0 | 0 |
| GREGORY POLISSENI | ||||||||
| 17 MILES AVENUE | FAIRPORT | NY | 14450 | DIRECTOR | 0.00 | 0 | 0 | 0 |
| VALERIE POLISSENI WILCOX | ||||||||
| 31 HYACINTH LANE | FAIRPORT | NY | 14450 | DIRECTOR | 0.00 | 0 | 0 | 0 |
| GLENN E PEZZOLO | ||||||||
| 36 WEST MAIN STREET | ROCHESTER | NY | 14614 | DIRECTOR | 0.00 | 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 |
| Comp Of Hghst Paid Cntrct NONE | NONE | CompOfHghstPaidCntrctNONE |
| Tot Number Of Cntrct Paid Over50k | 0 | TotNumberOfCntrctPaidOver50k |
Sum Of Program Related Investments SumOfProgramRelatedInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Minimum Investment Return MinimumInvestmentReturn
| Field | Value | IRS element (for citing) |
|---|---|---|
| Avg Monthly FMV Of Securities | 327253 | AvgMonthlyFMVOfSecurities |
| Avg Monthly Cash Balances | 0 | AvgMonthlyCashBalances |
| FMV All Other Noncharitable Assets | 0 | FMVAllOtherNoncharitableAssets |
| Total FMV Of Unused Assets | 327253 | TotalFMVOfUnusedAssets |
| Reduction Claimed | 0 | ReductionClaimed |
| Acquisition Indebtedness | 0 | AcquisitionIndebtedness |
| Adj Total FMV Of Unused Assets | 327253 | AdjTotalFMVOfUnusedAssets |
| Cash Deemed Charitable | 4909 | CashDeemedCharitable |
| Net Noncharitable Assets | 322344 | NetNoncharitableAssets |
| Minimum Investment Return | 16117 | MinimumInvestmentReturn |
Distributable DistributableAmount
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | 16117 | MinimumInvestmentReturn |
| Tax Based On Investment Income | 16784 | TaxBasedOnInvestmentIncome |
| Total Tax | 16784 | TotalTax |
| Distributable Amount Before Adj | 0 | DistributableAmountBeforeAdj |
| Recoveries Qlfy Distributions | 0 | RecoveriesQlfyDistributions |
| Distributable Amount Before Ded | 0 | DistributableAmountBeforeDed |
| Deduction Fr Distributable | $0 | DeductionFrDistributableAmount |
| Distributable Amount As Adjusted | 0 | DistributableAmountAsAdjusted |
Qualifying Distributions QualifyingDistributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | 266506 | ExpensesAndContributions |
| Program Related Investments Total | 0 | ProgramRelatedInvestmentsTotal |
| Qualifying Distributions | 266506 | QualifyingDistributions |
| One Pct Sect4940e Org Net Invst Incm | 0 | OnePctSect4940eOrgNetInvstIncm |
| Adj Qualifying Distributions | 266506 | AdjQualifyingDistributions |
Undistributed Income UndistributedIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable Amount As Adjusted | 0 | DistributableAmountAsAdjusted |
| Undistributed Income Prior Year | 0 | UndistributedIncomePriorYear |
| Total For Prior Years | 0 | TotalForPriorYears |
| Excess Distri Carryover Year5 | 1315643 | ExcessDistriCarryoverYear5 |
| Excess Distri Carryover Year4 | 1127816 | ExcessDistriCarryoverYear4 |
| Excess Distri Carryover Year3 | 326586 | ExcessDistriCarryoverYear3 |
| Excess Distri Carryover Year2 | 210272 | ExcessDistriCarryoverYear2 |
| Excess Distri Carryover Year1 | 402751 | ExcessDistriCarryoverYear1 |
| Total Excess Distri Carryover | 3383068 | TotalExcessDistriCarryover |
| Qualifying Distributions | 266506 | QualifyingDistributions |
| Applied To Year1 | 0 | AppliedToYear1 |
| Applied To Prior Years | 0 | AppliedToPriorYears |
| Treated As Distri From Corpus | 0 | TreatedAsDistriFromCorpus |
| Applied To Current Year | 0 | AppliedToCurrentYear |
| Remaining Distri From Corpus | 266506 | RemainingDistriFromCorpus |
| Excess Distri Cyov App CY Corpus | 0 | ExcessDistriCyovAppCYCorpus |
| Excess Distri Cyov Applied CY | 0 | ExcessDistriCyovAppliedCY |
| Total Corpus | 3649574 | TotalCorpus |
| Prior Year Undistributed Income | 0 | PriorYearUndistributedIncome |
| Prior Year Deficiency Or Tax | 0 | PriorYearDeficiencyOrTax |
| Taxable Amount1 | 0 | TaxableAmount1 |
| Taxable Amount2 | 0 | TaxableAmount2 |
| Undistributed Income CY | 0 | UndistributedIncomeCY |
| Distri From Corpus170b1 E Or4942g3 | 0 | DistriFromCorpus170b1EOr4942g3 |
| Excess Distri Cyov From Year5 | 1315643 | ExcessDistriCyovFromYear5 |
| Excess Distri Cyov To Next Year | 2333931 | ExcessDistriCyovToNextYear |
| Excess From Year4 | 1127816 | ExcessFromYear4 |
| Excess From Year3 | 326586 | ExcessFromYear3 |
| Excess From Year2 | 210272 | ExcessFromYear2 |
| Excess From Year1 | 402751 | ExcessFromYear1 |
| Excess From Current Year | 266506 | ExcessFromCurrentYear |
Supplementary Information SupplementaryInformation
Appication Submission Info AppicationSubmissionInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Name | THE POLISSENI FOUNDATION | RecipientName |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | C/O GP ASSOCIATES 1080 PITTSFORD | AddressLine1 |
| Address Line2 | VICTOR ROAD STE 201 | AddressLine2 |
| City | PITTSFORD | City |
| State | NY | State |
| ZIP Code | 14534 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone Number | 5856410151 | RecipientPhoneNumber |
| Form And Info And Materials | GRANT APPLICATION FORM, PROPOSAL, PROJECT BUDGET, ORGANIZATION OPERATING BUDGET, BOARD OF DIRECTORS LISTING, MOST RECENT FINANCIAL STATEMENT, COPY OF IRS 501(C)(3) DETERMINATION LETTER | FormAndInfoAndMaterials |
| Submission Deadlines | NONE | SubmissionDeadlines |
| Restrictions On Awards | NONE | RestrictionsOnAwards |
Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (16 entries)
| Address Line1RecipientUSAddress/AddressLine1 | CityRecipientUSAddress/City | StateRecipientUSAddress/State | ZIP CodeRecipientUSAddress/ZIPCode | Recipient RelationshipRecipientRelationship | Recipient Foundation StatusRecipientFoundationStatus | Purpose Of Grant Or ContributionPurposeOfGrantOrContribution | AmountAmount |
|---|---|---|---|---|---|---|---|
| COMPEER OF ROCHESTER | |||||||
| 259 MONROE AVE | ROCHESTER | NY | 14607 | NONE | PUBLIC CHARITY | CHARITY | $5,000 |
| EAST HOUSE | |||||||
| 1701 LAC DE VILLE | ROCHESTER | NY | 14618 | NONE | PUBLIC CHARITY | CHARITY | $5,000 |
| GILDA'S CLUB | |||||||
| 225 ALEXANDER STREET | ROCHESTER | NY | 14607 | NONE | PUBLIC CHARITY | CHARITY | $2,500 |
| MERCY FLIGHT CENTRAL | |||||||
| 2420 BRICKYARD RD | ROCHESTER | NY | 14424 | NONE | PUBLIC CHARITY | CHARITY | $2,500 |
| NATIVITY PREPARATORY ACADEMY | |||||||
| 15 WHALIN ST | ROCHESTER | NY | 14620 | NONE | PUBLIC CHARITY | CHARITY | $1,000 |
| SAFE JOURNEY | |||||||
| PO BOX 21 | FAIRPORT | NY | 14450 | NONE | PUBLIC CHARITY | CHARITY | $2,500 |
| VETERAN'S OUTREACH CENTER | |||||||
| 259 SOUTH AVENUE | ROCHESTER | NY | 14620 | NONE | PUBLIC CHARITY | CHARITY | $2,500 |
| CAMERON COMMUNITY MINISTRIES | |||||||
| 48 CAMERON ST | ROCHESTER | NY | 14606 | NONE | PUBLIC CHARITY | CHARITY | $2,500 |
| AURORA HOUSE OF WESTERN MONROE CITY | |||||||
| 2495 S UNION ST | SPENCERPORT | NY | 14559 | NONE | PUBLIC CHARITY | CHARITY | $2,500 |
| GREATER CANANDAIGUA FAMILY YMCA | |||||||
| 34 NORTH MAIN ST | CANANDAIGUA | NY | 14424 | NONE | PUBLIC CHARITY | CHARITY | $50,000 |
| ASBURY DINING AND CARING CENTER | |||||||
| 1050 EAST AVENUE | ROCHESTER | NY | 14607 | NONE | PUBLIC CHARITY | CHARITY | $2,000 |
| IRONDEQUOIT SENIOR TRANSPORTATION MINISTRY | |||||||
| 1500 PORTLAND AVE | ROCHESTER | NY | 14621 | NONE | PUBLIC CHARITY | CHARITY | $1,500 |
| HANDICAPPED CHILDREN'S CAMP FOR MONROE COUNTY | |||||||
| PO BOX 25177 | ROCHESTER | NY | 14625 | NONE | PUBLIC CHARITY | CHARITY | $5,000 |
| OUR LADY OF MERCY | |||||||
| 1437 BLOSSOM RD | ROCHESTER | NY | 14610 | NONE | PUBLIC CHARITY | CHARITY | $16,500 |
| ST JOHN FISHER COLLEGE | |||||||
| 3690 EAST AVENUE | ROCHESTER | NY | 14618 | NONE | PUBLIC CHARITY | CHARITY | $150,000 |
| FAIRPORT PARTNERSHIP | |||||||
| 6 N MAIN ST | FAIRPORT | NY | 14450 | NONE | PUBLIC CHARITY | CHARITY | $500 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Grant Or Contri Paid During Year | 251500 | TotGrantOrContriPaidDuringYear |
| Tot Grant Or Contri Approved Future | 0 | TotGrantOrContriApprovedFuture |
Analysis Income Producing Acty AnalysisIncomeProducingActy
Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 14 | ExclusionCode |
| Exclusion | $11,965 | ExclusionAmount |
Gain Sales Assets Oth Than Invntry GainSalesAssetsOthThanInvntry
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Income | 849961 | RelatedOrExemptFunctionIncome |
Subtotals Part XVIA SubtotalsPartXVIA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Income | $0 | UnrelatedBusinessIncomeAmount |
| Exclusion | $11,965 | ExclusionAmount |
| Related Or Exempt Function Income | 849961 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Part XVIA | 861926 | TotalPartXVIA |
Rln Of Acty To Accom Of Exempt Prps RlnOfActyToAccomOfExemptPrps
Rln Of Acty To Accom Of Exempt Prps RlnOfActyToAccomOfExemptPrps (2 entries)
| Line NumberLineNumber | Relationship StatementRelationshipStatement |
|---|---|
| 8 | INCOME GENERATED FROM THE SALE OF SECURITIES IS USED TO CREATE |
| 8 | ADDITIONAL INCOME TO DISTRIBUTE TO CHARITIES |
Trnsfr Tr Rln With Noncharitable EO TrnsfrTrRlnWithNoncharitableEO
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Noncharitable EO | 0 | TrnsfrOfCashToNoncharitableEO |
| Trnsfr Oth Assets Noncharitable EO | 0 | TrnsfrOthAssetsNoncharitableEO |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssets |
| Purchase Assets Noncharitable EO | 0 | PurchaseAssetsNoncharitableEO |
| Rental Of Facilities Etc | 0 | RentalOfFacilitiesEtc |
| Reimbursement Arrangements | 0 | ReimbursementArrangements |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuarantees |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtc |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtc |
| Relationships Noncharitable E Os | 0 | RelationshipsNoncharitableEOs |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees AccountingFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | Category |
| Amount | $3,465 | Amount |
| Net Investment Income | 3465 | NetInvestmentIncome |
| Disbursements Charitable Prps | 0 | DisbursementsCharitablePrps |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corp Stock InvestmentsCorpStock
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Stock | STOCK | NameOfStock |
| EOY Book Value | 1879253 | EOYBookValue |
| EOYFMV | 0 | EOYFMV |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Securities EOY Book Value | 0 | USGovtSecuritiesEOYBookValue |
| US Govt Securities EOYFMV | 0 | USGovtSecuritiesEOYFMV |
| State Local Securities EOY Book Val | 184306 | StateLocalSecuritiesEOYBookVal |
| State Local Securities EOYFMV | 0 | StateLocalSecuritiesEOYFMV |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL EXPENSES | Category |
| Amount | $413 | Amount |
| Net Investment Income | 413 | NetInvestmentIncome |
| Disbursements Charitable Prps | 0 | DisbursementsCharitablePrps |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | Revenue And Expenses Per BooksRevenueAndExpensesPerBooks | Net Investment IncomeNetInvestmentIncome | Disbursements Charitable PrpsDisbursementsCharitablePrps |
|---|---|---|---|
| MISCELLANEOUS EXPENSES | 121 | 121 | 0 |
| WEB HOSTING | 1000 | 0 | 1000 |
| NYS FILING FEES | 25 | 25 | 0 |
| PAYROLL PROCESSING FEES | 1124 | 562 | 562 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | DEFERRED GAIN | Description |
| BOY Book Value | 70022 | BOYBookValue |
| EOY Book Value | 0 | EOYBookValue |
Substantial Contributors Sch SubstantialContributorsSch
Substantial Contributor SubstantialContributor
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person Name | WANDA POLISSENI | PersonName |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 16 BEAUCLAIRE LANE | AddressLine1 |
| City | FAIRPORT | City |
| State | NY | State |
| ZIP Code | 14450 | ZIPCode |
Taxes Schedule TaxesSchedule
Taxes Taxes (2 entries)
| CategoryCategory | AmountAmount | Net Investment IncomeNetInvestmentIncome | Disbursements Charitable PrpsDisbursementsCharitablePrps |
|---|---|---|---|
| PAYROLL TAXES | $2,887 | 1443 | 1444 |
| FEDERAL TAXES | $25,172 | 0 | 0 |
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