PHILIP E AND CAROLE R RATCLIFFE FOUNDATION INC: Form 990PF, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- PHILIP E AND CAROLE R RATCLIFFE FOUNDATION INC (EIN 82-0568453)
- Tax period
- 2012-01-01 to 2012-12-31
- Filed
- 2013-05-20
- IRS object ID
- 201321409349100612
- 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
- Schedule B
- Accounting Fees Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Legal Fees Schedule
- Other Assets Schedule
- Other Expenses Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-05-20T14:02:43-05:00 | Timestamp |
| Tax Period End Date | 2012-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 521374503 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ROSEN SAPPERSTEIN & FRIEDLANDER CHRTD | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 300 RED BROOK BLVD SUITE 200 | AddressLine1 |
| City | OWINGS MILLS | City |
| State | MD | State |
| ZIP Code | 21117 | 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 | 820568453 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PHILIP E AND CAROLE R RATCLIFFE FOUNDATION INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | PHIL | NameControl |
| Phone | 9543280324 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 64 ISLA BAHIA DRIVE | AddressLine1 |
| City | FT LAUDERDALE | City |
| State | FL | State |
| ZIP Code | 33316 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | CAROLE R RATCLIFFE | Name |
| Title | PRESIDENT | Title |
| Phone | 9543280324 | Phone |
| Date Signed | 2013-05-09 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | ERROL G PRESSER CPA | Name |
| PTIN | P00024111 | PTIN |
| Phone | 4105810800 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2016-02-25 16:41:14Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Change | X | AddressChange |
| Exempt PF | X | ExemptPF |
| FMV Assets EOY | 28673346 | FMVAssetsEOY |
| Method Of Accounting Cash | X | MethodOfAccountingCash |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Received Rev And Expnss | 342824 | ContriReceivedRevAndExpnss |
| Interest On Savings Rev And Expnss | 410467 | InterestOnSavingsRevAndExpnss |
| Interest On Savings Net Invst Incm | 410467 | InterestOnSavingsNetInvstIncm |
| Dividends Rev And Expnss | 516296 | DividendsRevAndExpnss |
| Dividends Net Invst Incm | 516296 | DividendsNetInvstIncm |
| Net Gain Sale Assets Rev And Expnss | 124920 | NetGainSaleAssetsRevAndExpnss |
| Gross Sales Price | 706810 | GrossSalesPrice |
| Capital Gain Net Incm Net Invst Incm | 124920 | CapitalGainNetIncmNetInvstIncm |
| Total Revenue And Expenses | 1394507 | TotalRevenueAndExpenses |
| Total Net Investment Income | 1051683 | 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 |
| Legal Fees Rev And Expnss | 63285 | LegalFeesRevAndExpnss |
| Legal Fees Net Invst Incm | 15821 | LegalFeesNetInvstIncm |
| Legal Fees Dsbrs Chrtbl Prps | 0 | LegalFeesDsbrsChrtblPrps |
| Accounting Fees Rev And Expnss | 1765 | AccountingFeesRevAndExpnss |
| Accounting Fees Net Invst Incm | 0 | AccountingFeesNetInvstIncm |
| Accounting Fees Dsbrs Chrtbl Prps | 0 | AccountingFeesDsbrsChrtblPrps |
| Other Prof Fees Rev And Expnss | 45714 | OtherProfFeesRevAndExpnss |
| Other Prof Fees Net Invst Incm | 45714 | OtherProfFeesNetInvstIncm |
| Other Prof Fees Dsbrs Chrtbl Prps | 0 | OtherProfFeesDsbrsChrtblPrps |
| Taxes Rev And Expnss | 26674 | TaxesRevAndExpnss |
| Taxes Net Invst Incm | 26674 | TaxesNetInvstIncm |
| Taxes Dsbrs Chrtbl Prps | 0 | TaxesDsbrsChrtblPrps |
| Other Expenses Rev And Expnss | 221 | OtherExpensesRevAndExpnss |
| Other Expenses Net Invst Incm | 221 | OtherExpensesNetInvstIncm |
| Other Expenses Dsbrs Chrtbl Prps | 0 | OtherExpensesDsbrsChrtblPrps |
| Tot Opr Expenses Rev And Expnss | 137659 | TotOprExpensesRevAndExpnss |
| Tot Opr Expenses Net Invst Incm | 88430 | TotOprExpensesNetInvstIncm |
| Tot Opr Expenses Dsbrs Chrtbl Prps | 0 | TotOprExpensesDsbrsChrtblPrps |
| Contri Gifts Paid Rev And Expnss | 975000 | ContriGiftsPaidRevAndExpnss |
| Contri Gifts Paid Dsbrs Chrtbl Prps | 975000 | ContriGiftsPaidDsbrsChrtblPrps |
| Total Expenses Rev And Expnss | 1112659 | TotalExpensesRevAndExpnss |
| Total Expenses Net Invst Incm | 88430 | TotalExpensesNetInvstIncm |
| Total Expenses Dsbrs Chrtbl Prps | 975000 | TotalExpensesDsbrsChrtblPrps |
| Excess Of Revenue Over Expenses | 281848 | ExcessOfRevenueOverExpenses |
| Net Investment Income | 963253 | NetInvestmentIncome |
Balance Sheets BalanceSheets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | 0 | CashBOY |
| Savings And Temp Cash Invst BOY | 5458112 | SavingsAndTempCashInvstBOY |
| Savings And Temp Cash Invst EOY | 1495346 | SavingsAndTempCashInvstEOY |
| Savings And Temp Cash Invst EOYFMV | 1495346 | SavingsAndTempCashInvstEOYFMV |
| Other Notes And Loans Receivable | 166071 | OtherNotesAndLoansReceivable |
| Allwnc For Dbtfl Acct Other Rcvbl | 0 | AllwncForDbtflAcctOtherRcvbl |
| Other Notes And Loans Rcvbl BOY | 19197365 | OtherNotesAndLoansRcvblBOY |
| Other Notes And Loans Rcvbl EOY | 166071 | OtherNotesAndLoansRcvblEOY |
| Other Notes And Loans Rcvbl EOYFMV | 166071 | OtherNotesAndLoansRcvblEOYFMV |
| Investments Corp Stock BOY | 2556547 | InvestmentsCorpStockBOY |
| Investments Corp Stock EOY | 25824150 | InvestmentsCorpStockEOY |
| Investments Corp Stock EOYFMV | 27002463 | InvestmentsCorpStockEOYFMV |
| Investments Other BOY | 1161 | InvestmentsOtherBOY |
| Investments Other EOY | 9466 | InvestmentsOtherEOY |
| Investments Other EOYFMV | 9466 | InvestmentsOtherEOYFMV |
| Other Assets BOY | 4765 | OtherAssetsBOY |
| Other Assets EOY | 4765 | OtherAssetsEOY |
| Other Assets EOYFMV | 0 | OtherAssetsEOYFMV |
| Total Assets BOY | 27217950 | TotalAssetsBOY |
| Total Assets EOY | 27499798 | TotalAssetsEOY |
| Total Assets EOYFMV | 28673346 | TotalAssetsEOYFMV |
| Total Liabilities BOY | 0 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 0 | 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 | 27217950 | RetainedEarningsBOY |
| Retained Earnings EOY | 27499798 | RetainedEarningsEOY |
| Total Net Assets BOY | 27217950 | TotalNetAssetsBOY |
| Total Net Assets EOY | 27499798 | TotalNetAssetsEOY |
| Total Liabilities Net Assets BOY | 27217950 | TotalLiabilitiesNetAssetsBOY |
| Total Liabilities Net Assets EOY | 27499798 | TotalLiabilitiesNetAssetsEOY |
Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Net Assets Fund Balances BOY | 27217950 | TotalNetAssetsFundBalancesBOY |
| Excess Of Revenue Over Expenses | 281848 | ExcessOfRevenueOverExpenses |
| Other Increases | 0 | OtherIncreases |
| Subtotal | 27499798 | Subtotal |
| Other Decreases | 0 | OtherDecreases |
| Total Net Assets Fund Balances EOY | 27499798 | TotalNetAssetsFundBalancesEOY |
Capital Gains And Losses CapitalGainsAndLosses
Capital Gains And Losses Info CapitalGainsAndLossesInfo (10 entries)
| Description Of AssetDescriptionOfAsset | How AcquiredHowAcquired | Date AcquiredDateAcquired | Date SoldDateSold | Gross Sales PriceGrossSalesPrice | Cost Or Other BasisCostOrOtherBasis | Gain Or LossGainOrLoss | Gains Minus Excess Or LossesGainsMinusExcessOrLosses |
|---|---|---|---|---|---|---|---|
| 9,843.205 SHARES TRP INTERNATIONAL BOND | P | 2012-03-28 | 2012-05-25 | 95184 | 96956 | -1772 | -1772 |
| 15,717.501 SHARES TRP INTERNATIONAL BOND | P | 2012-06-29 | 153403 | 153044 | 359 | 359 | |
| 6,198.101 SHARES TRP INTERNATIONAL BOND | P | 60128 | 60852 | -724 | -724 | ||
| 600 SHARES MURPHY OIL CORP | P | 2012-02-17 | 2012-05-23 | 28239 | 37544 | -9305 | -9305 |
| 100 SHARES PRICELINE COM | P | 2012-05-23 | 2012-09-10 | 61649 | 67198 | -5549 | -5549 |
| 300 SHARES BAKER HUGHES INC | P | 2011-12-30 | 2012-10-12 | 13378 | 14653 | -1275 | -1275 |
| 400 SHARES BAKER HUGHES INC | P | 2012-01-13 | 2012-10-12 | 17838 | 19154 | -1316 | -1316 |
| 300 SHARES BAKER HUGHES INC | P | 2011-11-29 | 2012-10-12 | 13378 | 15423 | -2045 | -2045 |
| 2,500 SHARES AON CORPORATION | P | 2012-04-02 | 122619 | 117066 | 5553 | 5553 | |
| CAPITAL GAINS DIVIDENDS | P | 140994 | 140994 | 140994 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | 124920 | CapitalGainNetIncome |
Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable For4942 Tax | 0 | LiableFor4942Tax |
| Qualifying Distributions Year1 | 320000 | QualifyingDistributionsYear1 |
| Noncharitable Assets Year1 | 9163816 | NoncharitableAssetsYear1 |
| Distribution Ratio Year1 | 0.034920 | DistributionRatioYear1 |
| Qualifying Distributions Year2 | 160100 | QualifyingDistributionsYear2 |
| Noncharitable Assets Year2 | 767516 | NoncharitableAssetsYear2 |
| Distribution Ratio Year2 | 0.208595 | DistributionRatioYear2 |
| Qualifying Distributions Year3 | 208250 | QualifyingDistributionsYear3 |
| Noncharitable Assets Year3 | 830833 | NoncharitableAssetsYear3 |
| Distribution Ratio Year3 | 0.250652 | DistributionRatioYear3 |
| Qualifying Distributions Year4 | 212250 | QualifyingDistributionsYear4 |
| Noncharitable Assets Year4 | 1153138 | NoncharitableAssetsYear4 |
| Distribution Ratio Year4 | 0.184063 | DistributionRatioYear4 |
| Qualifying Distributions Year5 | 220600 | QualifyingDistributionsYear5 |
| Noncharitable Assets Year5 | 1452471 | NoncharitableAssetsYear5 |
| Distribution Ratio Year5 | 0.151879 | DistributionRatioYear5 |
| Total Distribution Ratio | 0.830109 | TotalDistributionRatio |
| Average Distribution Ratio | 0.166022 | AverageDistributionRatio |
| Net Noncharitable Assets | 18066918 | NetNoncharitableAssets |
| Adjusted Noncharitable Assets | 2999506 | AdjustedNoncharitableAssets |
| One Percent Net Investment Income | 9633 | OnePercentNetInvestmentIncome |
| Adj Nonchrtbl Assets And One | 3009139 | AdjNonchrtblAssetsAndOnePct |
| Qualifying Distributions | 975000 | QualifyingDistributions |
Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | 19265 | InvestmentIncomeExciseTax |
| Tax Under Section511 | 0 | TaxUnderSection511 |
| Subtotal | 19265 | Subtotal |
| Subtitle A Tax | 0 | SubtitleATax |
| Tax Based On Investment Income | 19265 | TaxBasedOnInvestmentIncome |
| Est Tax Payments And Overpayment | 12080 | EstTaxPaymentsAndOverpayment |
| Tax Paid With Extension | 15000 | TaxPaidWithExtension |
| Total Credits And Payments | 27080 | TotalCreditsAndPayments |
| Form2220 Attached | X | Form2220Attached |
| Overpayment | 7815 | Overpayment |
| Amount Credited To Next Year | 7815 | AmountCreditedToNextYear |
| Amount To Be Refunded | 0 | AmountToBeRefunded |
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 | 1 | RequirementsOfSect508e |
| At Least5000 In Assets | 1 | AtLeast5000InAssets |
| States Filed With | MD | StatesFiledWith |
| Form990 PF Filed With AG | 1 | Form990PFFiledWithAG |
| Private Operating Foundation | 0 | PrivateOperatingFoundation |
| New Substantial Contributors | 0 | NewSubstantialContributors |
| Interest In Controlled Entity | 0 | InterestInControlledEntity |
| Applicable Insurance Contract | 0 | ApplicableInsuranceContract |
| Comply With Public Inspection Rqr | 1 | ComplyWithPublicInspectionRqr |
| Website Address | N/A | WebsiteAddress |
Books In Care Of Business Name BooksInCareOfBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CAROLE R RATCLIFFE | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Books In Care Of Phone Number | 9543280324 | BooksInCareOfPhoneNumber |
Books In Care Of US Address BooksInCareOfUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 64 ISLA BAHIA DRIVE | AddressLine1 |
| City | FORT LAUDERDALE | City |
| State | FL | State |
| ZIP Code | 33316 | 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 (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 | Address Line2USAddress/AddressLine2 |
|---|---|---|---|---|---|---|---|---|---|
| CAROLE R RATCLIFFE | |||||||||
| 64 ISLA BAHIA DRIVE | FT LAUDERDALE | FL | 33316 | PRESIDENT/SECRETARY | 1.00 | 0 | 0 | 0 | |
| JAMES D WRIGHT | |||||||||
| C/O VENABLE LLP 750 E PRATT STREET | BALTIMORE | MD | 21202 | VICE PRESIDENT/TREASURER | 1.00 | 0 | 0 | 0 | SUITE 900 |
| 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 | 0 | AvgMonthlyFMVOfSecurities |
| Avg Monthly Cash Balances | 3084606 | AvgMonthlyCashBalances |
| FMV All Other Noncharitable Assets | 15257443 | FMVAllOtherNoncharitableAssets |
| Total FMV Of Unused Assets | 18342049 | TotalFMVOfUnusedAssets |
| Reduction Claimed | 0 | ReductionClaimed |
| Acquisition Indebtedness | 0 | AcquisitionIndebtedness |
| Adj Total FMV Of Unused Assets | 18342049 | AdjTotalFMVOfUnusedAssets |
| Cash Deemed Charitable | 275131 | CashDeemedCharitable |
| Net Noncharitable Assets | 18066918 | NetNoncharitableAssets |
| Minimum Investment Return | 903346 | MinimumInvestmentReturn |
Distributable DistributableAmount
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | 903346 | MinimumInvestmentReturn |
| Tax Based On Investment Income | 19265 | TaxBasedOnInvestmentIncome |
| Total Tax | 19265 | TotalTax |
| Distributable Amount Before Adj | 884081 | DistributableAmountBeforeAdj |
| Recoveries Qlfy Distributions | 0 | RecoveriesQlfyDistributions |
| Distributable Amount Before Ded | 884081 | DistributableAmountBeforeDed |
| Deduction Fr Distributable | $0 | DeductionFrDistributableAmount |
| Distributable Amount As Adjusted | 884081 | DistributableAmountAsAdjusted |
Qualifying Distributions QualifyingDistributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | 975000 | ExpensesAndContributions |
| Program Related Investments Total | 0 | ProgramRelatedInvestmentsTotal |
| Qualifying Distributions | 975000 | QualifyingDistributions |
| One Pct Sect4940e Org Net Invst Incm | 0 | OnePctSect4940eOrgNetInvstIncm |
| Adj Qualifying Distributions | 975000 | AdjQualifyingDistributions |
Undistributed Income UndistributedIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable Amount As Adjusted | 884081 | DistributableAmountAsAdjusted |
| Undistributed Income Prior Year | 0 | UndistributedIncomePriorYear |
| Total For Prior Years | 0 | TotalForPriorYears |
| Excess Distri Carryover Year5 | 152081 | ExcessDistriCarryoverYear5 |
| Excess Distri Carryover Year4 | 155008 | ExcessDistriCarryoverYear4 |
| Excess Distri Carryover Year3 | 166966 | ExcessDistriCarryoverYear3 |
| Excess Distri Carryover Year2 | 121949 | ExcessDistriCarryoverYear2 |
| Total Excess Distri Carryover | 596004 | TotalExcessDistriCarryover |
| Qualifying Distributions | 975000 | QualifyingDistributions |
| Applied To Year1 | 0 | AppliedToYear1 |
| Applied To Prior Years | 0 | AppliedToPriorYears |
| Treated As Distri From Corpus | 0 | TreatedAsDistriFromCorpus |
| Applied To Current Year | 884081 | AppliedToCurrentYear |
| Remaining Distri From Corpus | 90919 | RemainingDistriFromCorpus |
| Excess Distri Cyov App CY Corpus | 0 | ExcessDistriCyovAppCYCorpus |
| Excess Distri Cyov Applied CY | 0 | ExcessDistriCyovAppliedCY |
| Total Corpus | 686923 | 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 | 152081 | ExcessDistriCyovFromYear5 |
| Excess Distri Cyov To Next Year | 534842 | ExcessDistriCyovToNextYear |
| Excess From Year4 | 155008 | ExcessFromYear4 |
| Excess From Year3 | 166966 | ExcessFromYear3 |
| Excess From Year2 | 121949 | ExcessFromYear2 |
| Excess From Current Year | 90919 | ExcessFromCurrentYear |
Supplementary Information SupplementaryInformation
Appication Submission Info AppicationSubmissionInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Name | CAROLE R RATCLIFFE | RecipientName |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 64 ISLA BAHIA DRIVE | AddressLine1 |
| City | FT LAUDERDALE | City |
| State | FL | State |
| ZIP Code | 33316 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone Number | 9543280324 | RecipientPhoneNumber |
| Form And Info And Materials | WRITTEN LETTER REGARDING NATURE AND USE OF REQUESTED GRANT. | FormAndInfoAndMaterials |
| Submission Deadlines | THE FOUNDATION HAS NO SUBMISSION DEADLINES. | SubmissionDeadlines |
| Restrictions On Awards | THE FOUNDATION HAS NO RESTRICTIONS OR LIMITATIONS ON AWARDS. | RestrictionsOnAwards |
Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (6 entries)
| Address Line1RecipientUSAddress/AddressLine1 | CityRecipientUSAddress/City | StateRecipientUSAddress/State | ZIP CodeRecipientUSAddress/ZIPCode | Recipient RelationshipRecipientRelationship | Recipient Foundation StatusRecipientFoundationStatus | Purpose Of Grant Or ContributionPurposeOfGrantOrContribution | AmountAmount |
|---|---|---|---|---|---|---|---|
| ANNE ARUNDEL COMMUNITY COLLEGE | |||||||
| 101 COLLEGE PARKWAY | ARNOLD | MD | 210121895 | NONE | 501(C)(3) | UNRESTRICTED USE BY RECIPIENT | $100,000 |
| BALDWIN-WALLACE COLLEGE | |||||||
| 275 EASTLAND ROAD | BEREA | OH | 44017 | NONE | 501(C)(3) | UNRESTRICTED USE BY RECIPIENT | $350,000 |
| EASTERN SHORE ENTREPRENEURSHIP CENTER | |||||||
| 8737 BROOKS DRIVE SUITE 101 | EASTON | MD | 21610 | NONE | 501(C)(3) | UNRESTRICTED USE BY RECIPIENT | $50,000 |
| MIAMI CORE | |||||||
| PO BOX 248073 | CORAL GABLES | FL | 331241210 | NONE | 501(C)(3) | UNRESTRICTED USE BY RECIPIENT | $100,000 |
| UNIVERSITY OF BALTIMORE | |||||||
| 1420 N CHARLES STREET | BALTIMORE | MD | 21201 | NONE | 501(C)(3) | UNRESTRICTED USE BY RECIPIENT | $125,000 |
| UNIVERSITY OF MIAMI | |||||||
| 1320 S DIXIE HIGHWAY | CORAL GABLES | FL | 33146 | NONE | 501(C)(3) | UNRESTRICTED USE BY RECEPIENT | $250,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Grant Or Contri Paid During Year | 975000 | TotGrantOrContriPaidDuringYear |
| Tot Grant Or Contri Approved Future | 0 | TotGrantOrContriApprovedFuture |
Analysis Income Producing Acty AnalysisIncomeProducingActy
Int On Savings And Temp Cash Invst IntOnSavingsAndTempCashInvst
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 14 | ExclusionCode |
| Exclusion | $410,467 | ExclusionAmount |
Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 14 | ExclusionCode |
| Exclusion | $516,296 | ExclusionAmount |
Gain Sales Assets Oth Than Invntry GainSalesAssetsOthThanInvntry
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 18 | ExclusionCode |
| Exclusion | $124,920 | ExclusionAmount |
Subtotals Part XVIA SubtotalsPartXVIA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Income | $0 | UnrelatedBusinessIncomeAmount |
| Exclusion | $1,051,683 | ExclusionAmount |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Part XVIA | 1051683 | TotalPartXVIA |
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 |
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 | ESTATE OF PHILIP E RATCLIFFE | ContributorNameIndividual |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 750 E PRATT STREET SUITE 900 | AddressLine1 |
| City | BALTIMORE | City |
| State | MD | State |
| ZIP Code | 21202 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | 342824 | AggregateContributions |
| Person Contribution Type | X | PersonContributionType |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees AccountingFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTANT FEES | Category |
| Amount | $1,765 | Amount |
| Net Investment Income | 0 | NetInvestmentIncome |
| Disbursements Charitable Prps | 0 | DisbursementsCharitablePrps |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corp Stock InvestmentsCorpStock (2 entries)
| Name Of StockNameOfStock | EOY Book ValueEOYBookValue | EOYFMVEOYFMV |
|---|---|---|
| MARKETABLE SECURITIES - T ROWE PRICE | 12148400 | 12462044 |
| MARKETABLE SECURITIES - BNY MELLON | 13675750 | 14540419 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | DIVIDENDS RECEIVABLE | CategoryOrItem |
| Listed At Cost Or FMV | FMV | ListedAtCostOrFMV |
| Book Value | 9466 | BookValue |
| EOYFMV | 9466 | EOYFMV |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | Category |
| Amount | $63,285 | Amount |
| Net Investment Income | 15821 | NetInvestmentIncome |
| Disbursements Charitable Prps | 0 | DisbursementsCharitablePrps |
Other Assets Schedule OtherAssetsSchedule
Other Assets OtherAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | ORGANIZATION EXPENSES | Description |
| BOY Book Value | 4765 | BOYBookValue |
| EOY Book Value | 4765 | EOYBookValue |
| EOYFMV | 0 | EOYFMV |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses OtherExpenses (2 entries)
| DescriptionDescription | Revenue And Expenses Per BooksRevenueAndExpensesPerBooks | Net Investment IncomeNetInvestmentIncome | Disbursements Charitable PrpsDisbursementsCharitablePrps |
|---|---|---|---|
| DUES & SUBSCRIPTIONS | 26 | 26 | 0 |
| BANK CHARGES | 195 | 195 | 0 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees OtherProfessionalFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | INVESTMENT FEES | Category |
| Amount | $45,714 | Amount |
| Net Investment Income | 45714 | NetInvestmentIncome |
| Disbursements Charitable Prps | 0 | DisbursementsCharitablePrps |
Taxes Schedule TaxesSchedule
Taxes Taxes (2 entries)
| CategoryCategory | AmountAmount | Net Investment IncomeNetInvestmentIncome | Disbursements Charitable PrpsDisbursementsCharitablePrps |
|---|---|---|---|
| FOREIGN TAXES WITHHELD | $2,962 | 2962 | 0 |
| FEDERAL TAX PAID | $23,712 | 23712 | 0 |
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