VAN AKEN FAM FOUNDATION TR: Form 990PF, tax year 2012

View the entire original 990 at ProPublica ↗

Organization
VAN AKEN FAM FOUNDATION TR (EIN 13-7210757)
Tax period
2012-01-01 to 2012-12-31
Filed
2013-05-15
IRS object ID
201321359349101617
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)
Timestamp2013-05-15T10:58:11-07:00Timestamp
Tax Period End Date2012-12-31TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1GIBSONMAYER LLCBusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line1301 OXFORD VALLEY ROAD SUITE 1202AAddressLine1
CityYARDLEYCity
StatePAState
ZIP Code19067ZIPCode
FieldValueIRS element (for citing)
Return Type990PFReturnType
Tax Period Begin Date2012-01-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN137210757EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1VAN AKEN FAMILY FOUNDATIONBusinessNameLine1
FieldValueIRS element (for citing)
Name ControlVANANameControl
Phone2157410300Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line1886 TOWN CENTER DRIVEAddressLine1
CityLANGHORNECity
StatePAState
ZIP Code19047ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameDALE VAN AKENName
TitleEXECUTIVE TRUSTEETitle
Phone2157410300Phone
Date Signed2013-05-13DateSigned
Authorize Third PartytrueAuthorizeThirdParty

Preparer Preparer

FieldValueIRS element (for citing)
NameJOHN P MAYER CPAName
Phone2153693300Phone
Date Prepared2013-05-15DatePrepared
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 EOY940276FMVAssetsEOY
Method Of Accounting CashXMethodOfAccountingCash

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Not Required To Attach Schedule BXNotRequiredToAttachScheduleB
Interest On Savings Rev And Expnss1613InterestOnSavingsRevAndExpnss
Interest On Savings Net Invst Incm1613InterestOnSavingsNetInvstIncm
Dividends Rev And Expnss27907DividendsRevAndExpnss
Dividends Net Invst Incm27907DividendsNetInvstIncm
Net Gain Sale Assets Rev And Expnss17NetGainSaleAssetsRevAndExpnss
Gross Sales Price17GrossSalesPrice
Capital Gain Net Incm Net Invst Incm17CapitalGainNetIncmNetInvstIncm
Total Revenue And Expenses29537TotalRevenueAndExpenses
Total Net Investment Income29537TotalNetInvestmentIncome
Accounting Fees Rev And Expnss675AccountingFeesRevAndExpnss
Other Prof Fees Rev And Expnss155OtherProfFeesRevAndExpnss
Tot Opr Expenses Rev And Expnss830TotOprExpensesRevAndExpnss
Tot Opr Expenses Net Invst Incm0TotOprExpensesNetInvstIncm
Tot Opr Expenses Dsbrs Chrtbl Prps0TotOprExpensesDsbrsChrtblPrps
Contri Gifts Paid Rev And Expnss44410ContriGiftsPaidRevAndExpnss
Contri Gifts Paid Dsbrs Chrtbl Prps44410ContriGiftsPaidDsbrsChrtblPrps
Total Expenses Rev And Expnss45240TotalExpensesRevAndExpnss
Total Expenses Net Invst Incm0TotalExpensesNetInvstIncm
Total Expenses Dsbrs Chrtbl Prps44410TotalExpensesDsbrsChrtblPrps
Excess Of Revenue Over Expenses-15703ExcessOfRevenueOverExpenses
Net Investment Income29537NetInvestmentIncome

Balance Sheets BalanceSheets

FieldValueIRS element (for citing)
Savings And Temp Cash Invst BOY13469SavingsAndTempCashInvstBOY
Savings And Temp Cash Invst EOY266SavingsAndTempCashInvstEOY
Savings And Temp Cash Invst EOYFMV266SavingsAndTempCashInvstEOYFMV
Investments Corp Stock BOY912792InvestmentsCorpStockBOY
Investments Corp Stock EOY912792InvestmentsCorpStockEOY
Investments Corp Stock EOYFMV940010InvestmentsCorpStockEOYFMV
Total Assets BOY926261TotalAssetsBOY
Total Assets EOY913058TotalAssetsEOY
Total Assets EOYFMV940276TotalAssetsEOYFMV
Grants Payable EOY2500GrantsPayableEOY
Total Liabilities EOY2500TotalLiabilitiesEOY
Org That Follow SFAS117XOrgThatFollowSFAS117
Unrestricted BOY926261UnrestrictedBOY
Unrestricted EOY910558UnrestrictedEOY
Total Net Assets BOY926261TotalNetAssetsBOY
Total Net Assets EOY910558TotalNetAssetsEOY
Total Liabilities Net Assets BOY926261TotalLiabilitiesNetAssetsBOY
Total Liabilities Net Assets EOY913058TotalLiabilitiesNetAssetsEOY

Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances

FieldValueIRS element (for citing)
Total Net Assets Fund Balances BOY926261TotalNetAssetsFundBalancesBOY
Excess Of Revenue Over Expenses-15703ExcessOfRevenueOverExpenses
Subtotal910558Subtotal
Total Net Assets Fund Balances EOY910558TotalNetAssetsFundBalancesEOY

Capital Gains And Losses CapitalGainsAndLosses

Capital Gains And Losses Info CapitalGainsAndLossesInfo

FieldValueIRS element (for citing)
Description Of AssetSTOCKDescriptionOfAsset
How AcquiredPHowAcquired
Date Acquired2011-01-31DateAcquired
Date Sold2012-12-31DateSold
Gross Sales Price17GrossSalesPrice
Depreciation0Depreciation
Cost Or Other Basis0CostOrOtherBasis
Gain Or Loss17GainOrLoss
FMV As Of1231690FMVAsOf123169
Adjusted Basis As Of1231690AdjustedBasisAsOf123169
Excess Of FMV Over Adjusted Basis0ExcessOfFMVOverAdjustedBasis
Gains Minus Excess Or Losses17GainsMinusExcessOrLosses
FieldValueIRS element (for citing)
Capital Gain Net Income17CapitalGainNetIncome

Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax

FieldValueIRS element (for citing)
Liable For4942 TaxfalseLiableFor4942Tax
Qualifying Distributions Year135000QualifyingDistributionsYear1
Noncharitable Assets Year1902892NoncharitableAssetsYear1
Distribution Ratio Year10.038764DistributionRatioYear1
Qualifying Distributions Year231685QualifyingDistributionsYear2
Noncharitable Assets Year2749644NoncharitableAssetsYear2
Distribution Ratio Year20.042267DistributionRatioYear2
Qualifying Distributions Year346366QualifyingDistributionsYear3
Noncharitable Assets Year3659243NoncharitableAssetsYear3
Distribution Ratio Year30.070332DistributionRatioYear3
Qualifying Distributions Year436877QualifyingDistributionsYear4
Noncharitable Assets Year4885968NoncharitableAssetsYear4
Distribution Ratio Year40.041623DistributionRatioYear4
Qualifying Distributions Year527632QualifyingDistributionsYear5
Noncharitable Assets Year5837005NoncharitableAssetsYear5
Distribution Ratio Year50.033013DistributionRatioYear5
Total Distribution Ratio0.225999TotalDistributionRatio
Average Distribution Ratio0.045200AverageDistributionRatio
Net Noncharitable Assets915923NetNoncharitableAssets
Adjusted Noncharitable Assets41400AdjustedNoncharitableAssets
One Percent Net Investment Income295OnePercentNetInvestmentIncome
Adj Nonchrtbl Assets And One41695AdjNonchrtblAssetsAndOnePct
Qualifying Distributions44410QualifyingDistributions

Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm

FieldValueIRS element (for citing)
Domestic Org Meeting Sect4940eXDomesticOrgMeetingSect4940e
Investment Income Excise Tax295InvestmentIncomeExciseTax
Tax Under Section5110TaxUnderSection511
Subtotal295Subtotal
Tax Based On Investment Income295TaxBasedOnInvestmentIncome
Est Tax Payments And Overpayment1252EstTaxPaymentsAndOverpayment
Total Credits And Payments1252TotalCreditsAndPayments
Original Return Overpayment-1252OriginalReturnOverpayment
Overpayment957Overpayment
Amount Credited To Next Year957AmountCreditedToNextYear

Statements Regarding Activities StatementsRegardingActivities

FieldValueIRS element (for citing)
Legislative Political ActivitiesfalseLegislativePoliticalActivities
More Than100 SpentfalseMoreThan100Spent
Form1120 POL FiledfalseForm1120POLFiled
Activities Not Prev ReportedfalseActivitiesNotPrevReported
Changes To Articles Or BylawsfalseChangesToArticlesOrBylaws
Unrelated Bus Income Over1000falseUnrelatedBusIncomeOver1000
Termination EtcfalseTerminationEtc
Requirements Of Sect508etrueRequirementsOfSect508e
At Least5000 In AssetstrueAtLeast5000InAssets
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 AddressN/AWebsiteAddress
Books In Care Of Person NameDALE VAN AKENBooksInCareOfPersonName
Books In Care Of Phone Number2158623775BooksInCareOfPhoneNumber

Books In Care Of US Address BooksInCareOfUSAddress

FieldValueIRS element (for citing)
Address Line1886 TOWN CENTER DRIVEAddressLine1
CityLANGHORNECity
StatePAState
ZIP Code19047ZIPCode
FieldValueIRS element (for citing)
Foreign BankfalseForeignBank

Statements Regarding Acty4720 StatementsRegardingActy4720

FieldValueIRS element (for citing)
Sale Or Exchange With Dsqfly PersonfalseSaleOrExchangeWithDsqflyPerson
Borrow Or Lend With Dsqfly PersonfalseBorrowOrLendWithDsqflyPerson
Furnished Goods With Dsqfly PersonfalseFurnishedGoodsWithDsqflyPerson
Pay Compensation To Dsqfly PersonfalsePayCompensationToDsqflyPerson
Transfer Assets To Dsqfly PersonfalseTransferAssetsToDsqflyPerson
Payment To Government OfficalfalsePaymentToGovernmentOffical
Uncorrected Prior ActsfalseUncorrectedPriorActs
Undistributed Income Prior YearsfalseUndistributedIncomePriorYears
Business HoldingsfalseBusinessHoldings
Jeopardy InvestmentsfalseJeopardyInvestments
Uncorrected Jeopardy InvestmentsfalseUncorrectedJeopardyInvestments
Influence LegislationfalseInfluenceLegislation
Influence ElectionfalseInfluenceElection
Grants To IndividualsfalseGrantsToIndividuals
Grants To OrganizationsfalseGrantsToOrganizations
Noncharitable PurposefalseNoncharitablePurpose
Rcv Funds To Pay Prsnl Bnft ContractfalseRcvFundsToPayPrsnlBnftContract
Pay Premiums Prsnl Bnft ContractfalsePayPremiumsPrsnlBnftContract
Prohibited Tax Shelter TransactnfalseProhibitedTaxShelterTransactn

Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo

Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee (4 entries)

Address Line1USAddress/AddressLine1CityUSAddress/CityStateUSAddress/StateZIP CodeUSAddress/ZIPCodeTitleTitleAvg Hours Per Wk Devoted To PositionAvgHoursPerWkDevotedToPositionCompensationCompensationContri To Empl Benefit Plans EtcContriToEmplBenefitPlansEtcExpense Account Other AllowancesExpenseAccountOtherAllowances
DALE VAN AKEN
886 TOWN CENTER DRIVELANGHORNEPA19047TRUSTEE0000
DEBORAH VAN AKEN
886 TOWN CENTER DRIVELANGHORNEPA19047TRUSTEE0000
KATHERINE VAN AKEN
886 TOWN CENTER DRIVELANGHORNEPA19047TRUSTEE0000
ADAM VAN AKEN
886 TOWN CENTER DRIVELANGHORNEPA19047TRUSTEE0000
FieldValueIRS element (for citing)
Comp Of Highest Paid Empl NONENONECompOfHighestPaidEmplNONE
Tot Number Of Oth Empl Paid Over50k0TotNumberOfOthEmplPaidOver50k
Comp Of Hghst Paid Cntrct NONENONECompOfHghstPaidCntrctNONE
Tot Number Of Cntrct Paid Over50k0TotNumberOfCntrctPaidOver50k

Minimum Investment Return MinimumInvestmentReturn

FieldValueIRS element (for citing)
Avg Monthly FMV Of Securities903205AvgMonthlyFMVOfSecurities
Avg Monthly Cash Balances26666AvgMonthlyCashBalances
FMV All Other Noncharitable Assets0FMVAllOtherNoncharitableAssets
Total FMV Of Unused Assets929871TotalFMVOfUnusedAssets
Adj Total FMV Of Unused Assets929871AdjTotalFMVOfUnusedAssets
Cash Deemed Charitable13948CashDeemedCharitable
Net Noncharitable Assets915923NetNoncharitableAssets
Minimum Investment Return45796MinimumInvestmentReturn

Distributable DistributableAmount

FieldValueIRS element (for citing)
Minimum Investment Return45796MinimumInvestmentReturn
Tax Based On Investment Income295TaxBasedOnInvestmentIncome
Total Tax295TotalTax
Distributable Amount Before Adj45501DistributableAmountBeforeAdj
Distributable Amount Before Ded45501DistributableAmountBeforeDed
Distributable Amount As Adjusted45501DistributableAmountAsAdjusted

Qualifying Distributions QualifyingDistributions

FieldValueIRS element (for citing)
Expenses And Contributions44410ExpensesAndContributions
Qualifying Distributions44410QualifyingDistributions
One Pct Sect4940e Org Net Invst Incm295OnePctSect4940eOrgNetInvstIncm
Adj Qualifying Distributions44115AdjQualifyingDistributions

Undistributed Income UndistributedIncome

FieldValueIRS element (for citing)
Distributable Amount As Adjusted45501DistributableAmountAsAdjusted
Undistributed Income Prior Year43819UndistributedIncomePriorYear
Qualifying Distributions44410QualifyingDistributions
Applied To Year143819AppliedToYear1
Applied To Current Year591AppliedToCurrentYear
Undistributed Income CY44910UndistributedIncomeCY

Supplementary Information SupplementaryInformation

FieldValueIRS element (for citing)
Contributing ManagerDALE VAN AKENContributingManager
Shareholder ManagerNONEShareholderManager
Only Contributes To PreselectedXOnlyContributesToPreselected

Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (16 entries)

Address Line1RecipientUSAddress/AddressLine1CityRecipientUSAddress/CityStateRecipientUSAddress/StateZIP CodeRecipientUSAddress/ZIPCodeRecipient Foundation StatusRecipientFoundationStatusPurpose Of Grant Or ContributionPurposeOfGrantOrContributionAmountAmount
FAMILY SERVICE ASSOC OF BUCKS COUNTY
4 CORNERSTONE DRIVELANGHORNEPA19047EXEMPTHOMELESS SHELTER$3,000
TASK
151 MERCER STREETTRENTONNJ08065EXEMPTINNER-CITYFOOD SERVICES$1,500
METHODIST HOME FOR CHILDREN
4300 MONUMENT ROADPHILADELPHIAPA19131EXEMPTCHILDREN'S PROGRAM$1,000
WELLS INTERNATIONAL
3001 SW 15 STREETDEERFIELD BEACHFL33442EXEMPTUNRESTRICTED$6,000
ST MARY MEDICAL CENTER
LANGHORNE NEWTOWN ROADLANGHORNEPA19047EXEMPTBUILDING PROGRAM$5,000
MERCER STREET FRIENDS
151 MERCER STREETTRENTONNJ08611EXEMPTFOOD SERVICES$7,000
HEIFER INTERNATIONAL
1 WORLD AVENUELITTLE ROCKAR72202EXEMPTUNRESTRICTED$1,000
PLANT A SEED FOUNDATION
301 OXFORD VALLEY RDYARDLEYPA19067EXEMPTUNRESRICTED$500
PHILABUNDANCE
3616 S GALLOWAY STPHILADELPHIAPA19148EXEMPTUNRESTRICTED$2,000
YARDLEY UNITED METHODIST CHRUCH
300 LANGHORNE ROADYARDLEYPA19067EXEMPTRENOVATION$2,410
NEIGHBORHOOD OUTREACH FOUNDATION
POBOX 159WASHINGTON CROSSINGPA18977EXEMPTUNRESTRICTED$1,000
PHILA RONALD MCDONALD HOUSE
3925 CHESTNUT STREETPHILADELPHIAPA19104EXEMPTSHELTER$2,500
UNION OF CONCERNED SCIENTISTS
2 BRATTLE SQUARECAMBRIDGEMA02138EXEMPTUNRESTRICTED$6,000
NCSE
PO BOX 9477BERKLEYCA94709EXEMPTUNRESTRICTED$2,500
NSTA
1840 WILSON BLVDARLINGTONVA22201EXEMPTUNRESTRICTED$1,000
RG LEONARD FDN
123 N BROAD STREETDOYLESTOWNPA18901EXEMPTUNRESTRICTED$2,000
FieldValueIRS element (for citing)
Tot Grant Or Contri Paid During Year44410TotGrantOrContriPaidDuringYear

Analysis Income Producing Acty AnalysisIncomeProducingActy

Int On Savings And Temp Cash Invst IntOnSavingsAndTempCashInvst

FieldValueIRS element (for citing)
Exclusion Code14ExclusionCode
Exclusion$1,613ExclusionAmount

Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII

FieldValueIRS element (for citing)
Exclusion Code14ExclusionCode
Exclusion$27,907ExclusionAmount

Gain Sales Assets Oth Than Invntry GainSalesAssetsOthThanInvntry

FieldValueIRS element (for citing)
Exclusion Code18ExclusionCode
Exclusion$17ExclusionAmount

Subtotals Part XVIA SubtotalsPartXVIA

FieldValueIRS element (for citing)
Exclusion$29,537ExclusionAmount
FieldValueIRS element (for citing)
Total Part XVIA29537TotalPartXVIA

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)
CategoryGIBSONMAYER LLC PREPARE RETURNCategory
Amount$675Amount

Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch

Gain Loss Sale Other Asset GainLossSaleOtherAsset

FieldValueIRS element (for citing)
NameUNTS FT SENIOR LOAN & LMTDName
How AcquiredPurchasedHowAcquired
Date Sold2012-12DateSold
Gross Sales Price17GrossSalesPrice
Total Net17TotalNet

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corp Stock InvestmentsCorpStock

FieldValueIRS element (for citing)
Name Of StockCORPORATE STOCKNameOfStock
EOY Book Value912792EOYBookValue
EOYFMV940010EOYFMV

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees OtherProfessionalFees

FieldValueIRS element (for citing)
Categoryubs INVESTMENT FEESCategory
Amount$155Amount

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