MAY FOUNDATION: Form 990PF, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- MAY FOUNDATION (EIN 11-3243700)
- Tax period
- 2011-12-01 to 2012-11-30
- Filed
- 2013-10-21
- IRS object ID
- 201312949349100506
- Schema version
- 2011v1.5
- 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
- Schedule B
- Compensation Explanation
- Gain Loss Sale Other Assets Sch
- Investments Corp Stock Schedule
- Other Expenses Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-10-21T14:42:53-05:00 | Timestamp |
| Tax Period End Date | 2012-11-30 | TaxPeriodEndDate |
| Return Type | 990PF | ReturnType |
| Tax Period Begin Date | 2011-12-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 113243700 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE MAY FOUNDATION TRUST | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | MAYF | NameControl |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | C/O BARKAN 60 EAST 42ND STREET | AddressLine1 |
| City | NEW YORK | City |
| State | NY | State |
| ZIP Code | 10165 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | COLLEEN MAY | Name |
| Title | TRUSTEE | Title |
| Date Signed | 2013-10-15 | DateSigned |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | MICHAEL F BARKAN | Name |
| Date Prepared | 2013-10-21 | DatePrepared |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | 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 | 272075 | FMVAssetsEOY |
| Method Of Accounting Cash | X | MethodOfAccountingCash |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Received Rev And Expnss | 50000 | ContriReceivedRevAndExpnss |
| Interest On Savings Rev And Expnss | 41 | InterestOnSavingsRevAndExpnss |
| Interest On Savings Net Invst Incm | 41 | InterestOnSavingsNetInvstIncm |
| Interest On Savings Adj Net Incm | 41 | InterestOnSavingsAdjNetIncm |
| Dividends Rev And Expnss | 4880 | DividendsRevAndExpnss |
| Dividends Net Invst Incm | 4880 | DividendsNetInvstIncm |
| Dividends Adj Net Incm | 4880 | DividendsAdjNetIncm |
| Net Gain Sale Assets Rev And Expnss | -3818 | NetGainSaleAssetsRevAndExpnss |
| Gross Sales Price | 1480 | GrossSalesPrice |
| Total Revenue And Expenses | 51103 | TotalRevenueAndExpenses |
| Total Net Investment Income | 4921 | TotalNetInvestmentIncome |
| Total Adjusted Net Income | 4921 | TotalAdjustedNetIncome |
| Other Expenses Rev And Expnss | 231 | OtherExpensesRevAndExpnss |
| Other Expenses Net Invst Incm | 231 | OtherExpensesNetInvstIncm |
| Tot Opr Expenses Rev And Expnss | 231 | TotOprExpensesRevAndExpnss |
| Tot Opr Expenses Net Invst Incm | 231 | TotOprExpensesNetInvstIncm |
| Tot Opr Expenses Dsbrs Chrtbl Prps | 0 | TotOprExpensesDsbrsChrtblPrps |
| Contri Gifts Paid Rev And Expnss | 13150 | ContriGiftsPaidRevAndExpnss |
| Contri Gifts Paid Dsbrs Chrtbl Prps | 13150 | ContriGiftsPaidDsbrsChrtblPrps |
| Total Expenses Rev And Expnss | 13381 | TotalExpensesRevAndExpnss |
| Total Expenses Net Invst Incm | 231 | TotalExpensesNetInvstIncm |
| Total Expenses Dsbrs Chrtbl Prps | 13150 | TotalExpensesDsbrsChrtblPrps |
| Excess Of Revenue Over Expenses | 37722 | ExcessOfRevenueOverExpenses |
| Net Investment Income | 4690 | NetInvestmentIncome |
| Adjusted Net Income | 4921 | AdjustedNetIncome |
Balance Sheets BalanceSheets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | 63281 | CashBOY |
| Cash EOY | 28710 | CashEOY |
| Cash EOYFMV | 28710 | CashEOYFMV |
| Investments Corp Stock BOY | 88013 | InvestmentsCorpStockBOY |
| Investments Corp Stock EOY | 160306 | InvestmentsCorpStockEOY |
| Investments Corp Stock EOYFMV | 243365 | InvestmentsCorpStockEOYFMV |
| Total Assets BOY | 151294 | TotalAssetsBOY |
| Total Assets EOY | 189016 | TotalAssetsEOY |
| Total Assets EOYFMV | 272075 | TotalAssetsEOYFMV |
| Total Liabilities EOY | 0 | TotalLiabilitiesEOY |
| Org That Follow SFAS117 | X | OrgThatFollowSFAS117 |
| Unrestricted BOY | 151294 | UnrestrictedBOY |
| Unrestricted EOY | 189016 | UnrestrictedEOY |
| Total Net Assets BOY | 151294 | TotalNetAssetsBOY |
| Total Net Assets EOY | 189016 | TotalNetAssetsEOY |
| Total Liabilities Net Assets BOY | 151294 | TotalLiabilitiesNetAssetsBOY |
| Total Liabilities Net Assets EOY | 189016 | TotalLiabilitiesNetAssetsEOY |
Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Net Assets Fund Balances BOY | 151294 | TotalNetAssetsFundBalancesBOY |
| Excess Of Revenue Over Expenses | 37722 | ExcessOfRevenueOverExpenses |
| Subtotal | 189016 | Subtotal |
| Total Net Assets Fund Balances EOY | 189016 | TotalNetAssetsFundBalancesEOY |
Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | 94 | InvestmentIncomeExciseTax |
| Subtotal | 94 | Subtotal |
| Tax Based On Investment Income | 94 | TaxBasedOnInvestmentIncome |
| Tax Due | 94 | TaxDue |
| Amount Credited To Next Year | 0 | 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 | NY | 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 | N/A | WebsiteAddress |
Books In Care Of Business Name BooksInCareOfBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BARKAN & GOLDBERG LLP | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Books In Care Of Phone Number | 2129495959 | BooksInCareOfPhoneNumber |
Books In Care Of US Address BooksInCareOfUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 60 EAST 42ND STREET | AddressLine1 |
| Address Line2 | SUITE 2120 | AddressLine2 |
| City | NEW YORK | City |
| State | NY | State |
| ZIP Code | 10165 | ZIPCode |
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 |
| 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 (2 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 |
|---|---|---|---|---|---|---|---|---|
| COLLEEN MAY | ||||||||
| 5310 WILD HORSE VALLEY ROAD | NAPA | CA | 94558 | TRUSTEE | 0.50 | 0 | 0 | 0 |
| MICHAEL F BARKAN | ||||||||
| 60 EAST 42ND STREET | NEW YORK | NY | 10165 | TRUSTEE | 0.00 | 0 | 0 | 0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Highest Paid Empl NONE | NONE | CompOfHighestPaidEmplNONE |
| Comp Of Hghst Paid Cntrct NONE | NONE | CompOfHghstPaidCntrctNONE |
Sum Of Program Related Investments SumOfProgramRelatedInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | N/A | Description1 |
Minimum Investment Return MinimumInvestmentReturn
| Field | Value | IRS element (for citing) |
|---|---|---|
| Avg Monthly FMV Of Securities | 124160 | AvgMonthlyFMVOfSecurities |
| Avg Monthly Cash Balances | 45996 | AvgMonthlyCashBalances |
| FMV All Other Noncharitable Assets | 0 | FMVAllOtherNoncharitableAssets |
| Total FMV Of Unused Assets | 170156 | TotalFMVOfUnusedAssets |
| Adj Total FMV Of Unused Assets | 170156 | AdjTotalFMVOfUnusedAssets |
| Cash Deemed Charitable | 2552 | CashDeemedCharitable |
| Net Noncharitable Assets | 167604 | NetNoncharitableAssets |
| Minimum Investment Return | 8380 | MinimumInvestmentReturn |
Distributable DistributableAmount
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | 8380 | MinimumInvestmentReturn |
| Tax Based On Investment Income | 94 | TaxBasedOnInvestmentIncome |
| Total Tax | 94 | TotalTax |
| Distributable Amount Before Adj | 8286 | DistributableAmountBeforeAdj |
| Distributable Amount Before Ded | 8286 | DistributableAmountBeforeDed |
| Distributable Amount As Adjusted | 8286 | DistributableAmountAsAdjusted |
Qualifying Distributions QualifyingDistributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | 13150 | ExpensesAndContributions |
| Qualifying Distributions | 13150 | QualifyingDistributions |
| Adj Qualifying Distributions | 13150 | AdjQualifyingDistributions |
Undistributed Income UndistributedIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable Amount As Adjusted | 8286 | DistributableAmountAsAdjusted |
| Excess Distri Carryover Year5 | 23440 | ExcessDistriCarryoverYear5 |
| Excess Distri Carryover Year4 | 12058 | ExcessDistriCarryoverYear4 |
| Excess Distri Carryover Year2 | 5498 | ExcessDistriCarryoverYear2 |
| Excess Distri Carryover Year1 | 61731 | ExcessDistriCarryoverYear1 |
| Total Excess Distri Carryover | 102727 | TotalExcessDistriCarryover |
| Qualifying Distributions | 13150 | QualifyingDistributions |
| Applied To Current Year | 8286 | AppliedToCurrentYear |
| Remaining Distri From Corpus | 4864 | RemainingDistriFromCorpus |
| Total Corpus | 107591 | TotalCorpus |
| Undistributed Income CY | 0 | UndistributedIncomeCY |
| Excess Distri Cyov From Year5 | 23440 | ExcessDistriCyovFromYear5 |
| Excess Distri Cyov To Next Year | 84151 | ExcessDistriCyovToNextYear |
| Excess From Year4 | 12058 | ExcessFromYear4 |
| Excess From Year2 | 5498 | ExcessFromYear2 |
| Excess From Year1 | 61731 | ExcessFromYear1 |
| Excess From Current Year | 4864 | ExcessFromCurrentYear |
Supplementary Information SupplementaryInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | COLLEEN MAY | ContributingManager |
| Only Contributes To Preselected | X | OnlyContributesToPreselected |
Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (2 entries)
| Address Line1RecipientUSAddress/AddressLine1 | CityRecipientUSAddress/City | StateRecipientUSAddress/State | ZIP CodeRecipientUSAddress/ZIPCode | Recipient Foundation StatusRecipientFoundationStatus | Purpose Of Grant Or ContributionPurposeOfGrantOrContribution | AmountAmount | Address Line2RecipientUSAddress/AddressLine2 |
|---|---|---|---|---|---|---|---|
| THE RESOURCE FOUNDATION | |||||||
| 237 WEST 35 STREET | NEW YORK | NY | 10001 | 501(C)(3) | CHARITABLE | $8,150 | |
| VENTANA WILDLIFE SOCIETY | |||||||
| 19045 PORTOLA DRIVE | SALINAS | CA | 93908 | 501(C)(3) | CHARITABLE | $5,000 | SUITE F-1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Grant Or Contri Paid During Year | 13150 | 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 | $41 | ExclusionAmount |
Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 14 | ExclusionCode |
| Exclusion | $4,880 | ExclusionAmount |
Gain Sales Assets Oth Than Invntry GainSalesAssetsOthThanInvntry
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Income | -3818 | RelatedOrExemptFunctionIncome |
Subtotals Part XVIA SubtotalsPartXVIA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $4,921 | ExclusionAmount |
| Related Or Exempt Function Income | -3818 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Part XVIA | 1103 | 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 |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | X | Organization501c3ExemptPF |
| General Rule | X | GeneralRule |
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | 1 | ContributorNumber |
| Contributor Name Individual | COLLEEN MAY | ContributorNameIndividual |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5310 WILD HORSE VALLEY ROAD | AddressLine1 |
| City | NAPA | City |
| State | CA | State |
| ZIP Code | 94558 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | 50000 | AggregateContributions |
| Person Contribution Type | X | PersonContributionType |
Compensation Explanation CompensationExplanation
Compensation Compensation (2 entries)
| COLLEEN MAY |
| MICHAEL F BARKAN |
Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch
Gain Loss Sale Other Asset GainLossSaleOtherAsset
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | 37 MOTOROLA MOBILITY | Name |
| Date Acquired | 2000-01 | DateAcquired |
| How Acquired | PURCHASE | HowAcquired |
| Date Sold | 2012-05 | DateSold |
| Gross Sales Price | 1480 | GrossSalesPrice |
| Basis | 5298 | Basis |
| Total Net | -3818 | TotalNet |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corp Stock InvestmentsCorpStock
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY Book Value | 160306 | EOYBookValue |
| EOYFMV | 243365 | EOYFMV |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses OtherExpenses (3 entries)
| DescriptionDescription | Revenue And Expenses Per BooksRevenueAndExpensesPerBooks | Net Investment IncomeNetInvestmentIncome |
|---|---|---|
| EXPENSES | ||
| INVESTMENT EXPENSES | 150 | 150 |
| FOREIGN TAX | 81 | 81 |
Comments