JOSEPH AND ROBERT CORNELL MEMORIAL FOUNDATION: Form 990PF, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- JOSEPH AND ROBERT CORNELL MEMORIAL FOUNDATION (EIN 13-3097502)
- Tax period
- 2012-01-01 to 2012-12-31
- Filed
- 2013-07-15
- IRS object ID
- 201321989349100312
- 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 Bonds Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Legal Fees Schedule
- Other Assets Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-07-15T14:58:49-05:00 | Timestamp |
| Tax Period End Date | 2012-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 420714325 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MCGLADREY LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1185 AVENUE OF THE AMERICAS | AddressLine1 |
| City | NEW YORK | City |
| State | NY | State |
| ZIP Code | 100362602 | 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 | 133097502 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE JOSEPH AND ROBERT CORNELL MEMORIAL FOUNDATION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | JOSE | NameControl |
| Phone | 2123721000 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 550 SE MIZNER BLVD | AddressLine1 |
| City | BOCA RATON | City |
| State | FL | State |
| ZIP Code | 33432 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | JOSEPH ERDMAN | Name |
| Title | TRUSTEE | Title |
| Phone | 2123721000 | Phone |
| Date Signed | 2013-07-09 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | MARTIN GREIF | Name |
| PTIN | P00029738 | PTIN |
| Phone | 2123721000 | Phone |
| 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 | 70403758 | FMVAssetsEOY |
| Method Of Accounting Cash | X | MethodOfAccountingCash |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Not Required To Attach Schedule B | X | NotRequiredToAttachScheduleB |
| Interest On Savings Rev And Expnss | 3453 | InterestOnSavingsRevAndExpnss |
| Interest On Savings Net Invst Incm | 3453 | InterestOnSavingsNetInvstIncm |
| Dividends Rev And Expnss | 2425169 | DividendsRevAndExpnss |
| Dividends Net Invst Incm | 2425169 | DividendsNetInvstIncm |
| Net Gain Sale Assets Rev And Expnss | 5128097 | NetGainSaleAssetsRevAndExpnss |
| Gross Sales Price | 13028721 | GrossSalesPrice |
| Capital Gain Net Incm Net Invst Incm | 5128097 | CapitalGainNetIncmNetInvstIncm |
| Other Income Rev And Expnss | 40138 | OtherIncomeRevAndExpnss |
| Other Income Net Invst Incm | 32667 | OtherIncomeNetInvstIncm |
| Total Revenue And Expenses | 7596857 | TotalRevenueAndExpenses |
| Total Net Investment Income | 7589386 | TotalNetInvestmentIncome |
| Comp Ofcr Dir Trst Rev And Expnss | 309142 | CompOfcrDirTrstRevAndExpnss |
| Comp Ofcr Dir Trst Net Invst Incm | 188577 | CompOfcrDirTrstNetInvstIncm |
| Comp Ofcr Dir Trst Dsbrs Chrtbl Prps | 120565 | CompOfcrDirTrstDsbrsChrtblPrps |
| Oth Empl Slrs Wgs Rev And Expnss | 1336 | OthEmplSlrsWgsRevAndExpnss |
| Oth Empl Slrs Wgs Net Invst Incm | 0 | OthEmplSlrsWgsNetInvstIncm |
| Oth Empl Slrs Wgs Dsbrs Chrtbl Prps | 1336 | OthEmplSlrsWgsDsbrsChrtblPrps |
| Legal Fees Rev And Expnss | 23381 | LegalFeesRevAndExpnss |
| Legal Fees Net Invst Incm | 0 | LegalFeesNetInvstIncm |
| Legal Fees Dsbrs Chrtbl Prps | 23381 | LegalFeesDsbrsChrtblPrps |
| Accounting Fees Rev And Expnss | 17060 | AccountingFeesRevAndExpnss |
| Accounting Fees Net Invst Incm | 8530 | AccountingFeesNetInvstIncm |
| Accounting Fees Dsbrs Chrtbl Prps | 8530 | AccountingFeesDsbrsChrtblPrps |
| Other Prof Fees Rev And Expnss | 138109 | OtherProfFeesRevAndExpnss |
| Other Prof Fees Net Invst Incm | 138109 | OtherProfFeesNetInvstIncm |
| Other Prof Fees Dsbrs Chrtbl Prps | 0 | OtherProfFeesDsbrsChrtblPrps |
| Taxes Rev And Expnss | 94296 | TaxesRevAndExpnss |
| Taxes Net Invst Incm | 4296 | TaxesNetInvstIncm |
| Taxes Dsbrs Chrtbl Prps | 0 | TaxesDsbrsChrtblPrps |
| Occupancy Rev And Expnss | 11500 | OccupancyRevAndExpnss |
| Occupancy Net Invst Incm | 5750 | OccupancyNetInvstIncm |
| Occupancy Dsbrs Chrtbl Prps | 5750 | OccupancyDsbrsChrtblPrps |
| Trav Conf Meeting Rev And Expnss | 612 | TravConfMeetingRevAndExpnss |
| Trav Conf Meeting Net Invst Incm | 0 | TravConfMeetingNetInvstIncm |
| Trav Conf Meeting Dsbrs Chrtbl Prps | 612 | TravConfMeetingDsbrsChrtblPrps |
| Other Expenses Rev And Expnss | 2481 | OtherExpensesRevAndExpnss |
| Other Expenses Net Invst Incm | 490 | OtherExpensesNetInvstIncm |
| Other Expenses Dsbrs Chrtbl Prps | 1991 | OtherExpensesDsbrsChrtblPrps |
| Tot Opr Expenses Rev And Expnss | 597917 | TotOprExpensesRevAndExpnss |
| Tot Opr Expenses Net Invst Incm | 345752 | TotOprExpensesNetInvstIncm |
| Tot Opr Expenses Dsbrs Chrtbl Prps | 162165 | TotOprExpensesDsbrsChrtblPrps |
| Contri Gifts Paid Rev And Expnss | 2080375 | ContriGiftsPaidRevAndExpnss |
| Contri Gifts Paid Dsbrs Chrtbl Prps | 2080375 | ContriGiftsPaidDsbrsChrtblPrps |
| Total Expenses Rev And Expnss | 2678292 | TotalExpensesRevAndExpnss |
| Total Expenses Net Invst Incm | 345752 | TotalExpensesNetInvstIncm |
| Total Expenses Dsbrs Chrtbl Prps | 2242540 | TotalExpensesDsbrsChrtblPrps |
| Excess Of Revenue Over Expenses | 4918565 | ExcessOfRevenueOverExpenses |
| Net Investment Income | 7243634 | NetInvestmentIncome |
Balance Sheets BalanceSheets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Savings And Temp Cash Invst BOY | 940040 | SavingsAndTempCashInvstBOY |
| Savings And Temp Cash Invst EOY | 3507137 | SavingsAndTempCashInvstEOY |
| Savings And Temp Cash Invst EOYFMV | 3507137 | SavingsAndTempCashInvstEOYFMV |
| Investments Corp Stock BOY | 31559915 | InvestmentsCorpStockBOY |
| Investments Corp Stock EOY | 32246350 | InvestmentsCorpStockEOY |
| Investments Corp Stock EOYFMV | 52925075 | InvestmentsCorpStockEOYFMV |
| Investments Corp Bonds BOY | 1992765 | InvestmentsCorpBondsBOY |
| Investments Corp Bonds EOY | 1992765 | InvestmentsCorpBondsEOY |
| Investments Corp Bonds EOYFMV | 2304489 | InvestmentsCorpBondsEOYFMV |
| Investments Other BOY | 8404035 | InvestmentsOtherBOY |
| Investments Other EOY | 10052786 | InvestmentsOtherEOY |
| Investments Other EOYFMV | 10622100 | InvestmentsOtherEOYFMV |
| Land Building And Equipment Basis | 3966 | LandBuildingAndEquipmentBasis |
| Accum Deprec Land Bldg And Equip | 3966 | AccumDeprecLandBldgAndEquip |
| Other Assets BOY | 541440 | OtherAssetsBOY |
| Other Assets EOY | 553597 | OtherAssetsEOY |
| Other Assets EOYFMV | 1044957 | OtherAssetsEOYFMV |
| Total Assets BOY | 43438195 | TotalAssetsBOY |
| Total Assets EOY | 48352635 | TotalAssetsEOY |
| Total Assets EOYFMV | 70403758 | TotalAssetsEOYFMV |
| Total Liabilities BOY | 0 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 0 | TotalLiabilitiesEOY |
| Org That Do Not Follow SFAS117 | X | OrgThatDoNotFollowSFAS117 |
| Capital Stock BOY | 43438195 | CapitalStockBOY |
| Capital Stock EOY | 48352635 | CapitalStockEOY |
| Paid In Or Capital Surplus BOY | 0 | PaidInOrCapitalSurplusBOY |
| Paid In Or Capital Surplus EOY | 0 | PaidInOrCapitalSurplusEOY |
| Retained Earnings BOY | 0 | RetainedEarningsBOY |
| Retained Earnings EOY | 0 | RetainedEarningsEOY |
| Total Net Assets BOY | 43438195 | TotalNetAssetsBOY |
| Total Net Assets EOY | 48352635 | TotalNetAssetsEOY |
| Total Liabilities Net Assets BOY | 43438195 | TotalLiabilitiesNetAssetsBOY |
| Total Liabilities Net Assets EOY | 48352635 | TotalLiabilitiesNetAssetsEOY |
Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Net Assets Fund Balances BOY | 43438195 | TotalNetAssetsFundBalancesBOY |
| Excess Of Revenue Over Expenses | 4918565 | ExcessOfRevenueOverExpenses |
| Other Increases | 0 | OtherIncreases |
| Subtotal | 48356760 | Subtotal |
| Other Decreases | 4125 | OtherDecreases |
| Total Net Assets Fund Balances EOY | 48352635 | TotalNetAssetsFundBalancesEOY |
Capital Gains And Losses CapitalGainsAndLosses
Capital Gains And Losses Info CapitalGainsAndLossesInfo (4 entries)
| Description Of AssetDescriptionOfAsset | Date AcquiredDateAcquired | Date SoldDateSold | Gross Sales PriceGrossSalesPrice | Cost Or Other BasisCostOrOtherBasis | Gain Or LossGainOrLoss | Gains Minus Excess Or LossesGainsMinusExcessOrLosses | How AcquiredHowAcquired |
|---|---|---|---|---|---|---|---|
| FIDUCIARY TRUST - PUBLICLY TRADED SECURITIES | 2010-12-31 | 2012-12-31 | 12064426 | 7149973 | 4914453 | 4914453 | |
| FIDUCIARY TRUST - PUBLICLY TRADED SECURITIES | 2012-12-31 | 2012-12-31 | 775286 | 750651 | 24635 | 24635 | |
| PROCEED FROM CLASS ACTION-BANK OF AMERICA | 161 | 161 | 161 | ||||
| CAPITAL GAINS DIVIDENDS | 188848 | 188848 | 188848 | P |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | 5128097 | CapitalGainNetIncome |
Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable For4942 Tax | 0 | LiableFor4942Tax |
| Qualifying Distributions Year1 | 1959141 | QualifyingDistributionsYear1 |
| Noncharitable Assets Year1 | 65393427 | NoncharitableAssetsYear1 |
| Distribution Ratio Year1 | 0.029959 | DistributionRatioYear1 |
| Qualifying Distributions Year2 | 5084872 | QualifyingDistributionsYear2 |
| Noncharitable Assets Year2 | 60841983 | NoncharitableAssetsYear2 |
| Distribution Ratio Year2 | 0.083575 | DistributionRatioYear2 |
| Qualifying Distributions Year3 | 3916790 | QualifyingDistributionsYear3 |
| Noncharitable Assets Year3 | 55277643 | NoncharitableAssetsYear3 |
| Distribution Ratio Year3 | 0.070857 | DistributionRatioYear3 |
| Qualifying Distributions Year4 | 3334863 | QualifyingDistributionsYear4 |
| Noncharitable Assets Year4 | 71047454 | NoncharitableAssetsYear4 |
| Distribution Ratio Year4 | 0.046939 | DistributionRatioYear4 |
| Qualifying Distributions Year5 | 4152984 | QualifyingDistributionsYear5 |
| Noncharitable Assets Year5 | 81933917 | NoncharitableAssetsYear5 |
| Distribution Ratio Year5 | 0.050687 | DistributionRatioYear5 |
| Total Distribution Ratio | 0.282017 | TotalDistributionRatio |
| Average Distribution Ratio | 0.056403 | AverageDistributionRatio |
| Net Noncharitable Assets | 68992768 | NetNoncharitableAssets |
| Adjusted Noncharitable Assets | 3891399 | AdjustedNoncharitableAssets |
| One Percent Net Investment Income | 72436 | OnePercentNetInvestmentIncome |
| Adj Nonchrtbl Assets And One | 3963835 | AdjNonchrtblAssetsAndOnePct |
| Qualifying Distributions | 2242540 | QualifyingDistributions |
Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | 144873 | InvestmentIncomeExciseTax |
| Tax Under Section511 | 0 | TaxUnderSection511 |
| Subtotal | 144873 | Subtotal |
| Subtitle A Tax | 0 | SubtitleATax |
| Tax Based On Investment Income | 144873 | TaxBasedOnInvestmentIncome |
| Est Tax Payments And Overpayment | 105531 | EstTaxPaymentsAndOverpayment |
| Tax Paid With Extension | 48000 | TaxPaidWithExtension |
| Total Credits And Payments | 153531 | TotalCreditsAndPayments |
| Form2220 Attached | X | Form2220Attached |
| Overpayment | 8658 | Overpayment |
| Amount Credited To Next Year | 8658 | 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 | NY | 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 Person Name | MCGLADREY LLP | BooksInCareOfPersonName |
| Books In Care Of Phone Number | 2123721000 | BooksInCareOfPhoneNumber |
Books In Care Of US Address BooksInCareOfUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1185 AVENUE OF AMERICAS | AddressLine1 |
| City | NEW YORK | City |
| State | NY | State |
| ZIP Code | 100362602 | 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 | 1 | PayCompensationToDsqflyPerson |
| Transfer Assets To Dsqfly Person | 0 | TransferAssetsToDsqflyPerson |
| Payment To Government Offical | 0 | PaymentToGovernmentOffical |
| Acts Fail To Qualify As Exceptions | 0 | ActsFailToQualifyAsExceptions |
| 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 |
|---|---|---|---|---|---|---|---|---|
| RICHARD M ADER | ||||||||
| 7 AVENUE DE LA MER 606 | PALM COAST | FL | 32137 | TRUSTEE | 20.00 | 154571 | 0 | 0 |
| JOSEPH ERDMAN | ||||||||
| 550 SE MIZNER SUITE 404 | BOCA RATON | FL | 334325585 | TRUSTEE | 20.00 | 154571 | 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 |
Compensation Of Hghst Paid Cntrct CompensationOfHghstPaidCntrct
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FIDUCIARY TRUST COMPANY | BusinessNameLine1 |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 175 FEDERAL STREET | AddressLine1 |
| City | BOSTON | City |
| State | MA | State |
| ZIP Code | 02110 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Service | CUSTODY FEES | TypeOfService |
| Compensation | 138109 | Compensation |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Number Of Cntrct Paid Over50k | 0 | TotNumberOfCntrctPaidOver50k |
Summary Of Direct Charitable Acty SummaryOfDirectCharitableActy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | N/A | Description1 |
| Expenses1 | 0 | Expenses1 |
Sum Of Program Related Investments SumOfProgramRelatedInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | NOT APPLICABLE | Description1 |
| Amount1 | 0 | Amount1 |
| Total | 0 | Total |
Minimum Investment Return MinimumInvestmentReturn
| Field | Value | IRS element (for citing) |
|---|---|---|
| Avg Monthly FMV Of Securities | 66531420 | AvgMonthlyFMVOfSecurities |
| Avg Monthly Cash Balances | 2467042 | AvgMonthlyCashBalances |
| FMV All Other Noncharitable Assets | 1044957 | FMVAllOtherNoncharitableAssets |
| Total FMV Of Unused Assets | 70043419 | TotalFMVOfUnusedAssets |
| Reduction Claimed | 0 | ReductionClaimed |
| Acquisition Indebtedness | 0 | AcquisitionIndebtedness |
| Adj Total FMV Of Unused Assets | 70043419 | AdjTotalFMVOfUnusedAssets |
| Cash Deemed Charitable | 1050651 | CashDeemedCharitable |
| Net Noncharitable Assets | 68992768 | NetNoncharitableAssets |
| Minimum Investment Return | 3449638 | MinimumInvestmentReturn |
Distributable DistributableAmount
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | 3449638 | MinimumInvestmentReturn |
| Tax Based On Investment Income | 144873 | TaxBasedOnInvestmentIncome |
| Total Tax | 144873 | TotalTax |
| Distributable Amount Before Adj | 3304765 | DistributableAmountBeforeAdj |
| Recoveries Qlfy Distributions | 7471 | RecoveriesQlfyDistributions |
| Distributable Amount Before Ded | 3312236 | DistributableAmountBeforeDed |
| Deduction Fr Distributable | $0 | DeductionFrDistributableAmount |
| Distributable Amount As Adjusted | 3312236 | DistributableAmountAsAdjusted |
Qualifying Distributions QualifyingDistributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | 2242540 | ExpensesAndContributions |
| Program Related Investments Total | 0 | ProgramRelatedInvestmentsTotal |
| Qualifying Distributions | 2242540 | QualifyingDistributions |
| One Pct Sect4940e Org Net Invst Incm | 0 | OnePctSect4940eOrgNetInvstIncm |
| Adj Qualifying Distributions | 2242540 | AdjQualifyingDistributions |
Undistributed Income UndistributedIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable Amount As Adjusted | 3312236 | DistributableAmountAsAdjusted |
| Undistributed Income Prior Year | 1108277 | UndistributedIncomePriorYear |
| Total For Prior Years | 0 | TotalForPriorYears |
| Total Excess Distri Carryover | 0 | TotalExcessDistriCarryover |
| Qualifying Distributions | 2242540 | QualifyingDistributions |
| Applied To Year1 | 1108277 | AppliedToYear1 |
| Applied To Prior Years | 0 | AppliedToPriorYears |
| Treated As Distri From Corpus | 0 | TreatedAsDistriFromCorpus |
| Applied To Current Year | 1134263 | AppliedToCurrentYear |
| Remaining Distri From Corpus | 0 | RemainingDistriFromCorpus |
| Excess Distri Cyov App CY Corpus | 0 | ExcessDistriCyovAppCYCorpus |
| Excess Distri Cyov Applied CY | 0 | ExcessDistriCyovAppliedCY |
| Total Corpus | 0 | 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 | 2177973 | UndistributedIncomeCY |
| Distri From Corpus170b1 E Or4942g3 | 0 | DistriFromCorpus170b1EOr4942g3 |
| Excess Distri Cyov From Year5 | 0 | ExcessDistriCyovFromYear5 |
| Excess Distri Cyov To Next Year | 0 | ExcessDistriCyovToNextYear |
Supplementary Information SupplementaryInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contributes To Preselected | X | OnlyContributesToPreselected |
Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (12 entries)
| Address Line1RecipientUSAddress/AddressLine1 | CityRecipientUSAddress/City | StateRecipientUSAddress/State | ZIP CodeRecipientUSAddress/ZIPCode | Recipient RelationshipRecipientRelationship | Recipient Foundation StatusRecipientFoundationStatus | Purpose Of Grant Or ContributionPurposeOfGrantOrContribution | AmountAmount |
|---|---|---|---|---|---|---|---|
| COLLEGE FOUNDATION OF THE UNIVERSITY OF VIRGINIA | |||||||
| 2410 OLD IVY ROAD SUITE 100 | CHARLOTTESVILLE | VA | 229044801 | NONE | 501(C)(3) | GRANT IS FOR DONEE'S EXEMPT PURPOSE | $500,000 |
| HERITAGE THEATRE FESTIVAL | |||||||
| 109 CULBRETH ROAD | CHARLOTTESVILLE | VA | 22903 | NONE | 501(C)(3) | GRANT IS FOR DONEE'S EXEMPT PURPOSE | $375 |
| HOSPICE OF THE PIEDMONT | |||||||
| 675 PETER JEFFERSON PARKWAY | CHARLOTTESVILLE | VA | 22911 | NONE | 501(C)(3) | GRANT IS FOR DONEE'S EXEMPT PURPOSE | $50,000 |
| LIVE IN CONCERT INC | |||||||
| 38 COSBY AVENUE | AMHERST | MA | 01002 | NONE | 501(C)(3) | GRANT IS FOR DONEE'S EXEMPT PURPOSE | $25,000 |
| MARTHA JEFFERSON HOSPITAL FOUNDATION | |||||||
| 459 LOCUST AVENUE | CHARLOTTESVILLE | VA | 22902 | NONE | 501(C)(3) | GRANT IS FOR DONEE'S EXEMPT PURPOSE | $300,000 |
| MILLER CENTER | |||||||
| 2333 OLD IVY ROAD | CHARLOTTESVILLE | VA | 22903 | NONE | 501(C)(3) | GRANT IS FOR DONEE'S EXEMPT PURPOSE | $100,000 |
| MONTPELIER FOUNDATION | |||||||
| 11407 CONSTITUTION HWY | MONTPELIER | VA | 22957 | NONE | 501(C)(3) | GRANT IS FOR DONEE'S EXEMPT PURPOSE | $300,000 |
| THOMAS JEFFERSON FOUNDATION INC | |||||||
| PO BOX 217 | CHARLOTTESVILLE | VA | 22902 | NONE | 501(C)(3) | GRANT IS FOR DONEE'S EXEMPT PURPOSE | $350,000 |
| UNIVERSITY OF VIRGINIA ART MUSEUM | |||||||
| 155 RUGBY ROAD | CHARLOTTESVILLE | VA | 22904 | NONE | 501(C)(3) | GRANT IS FOR DONEE'S EXEMPT PURPOSE | $300,000 |
| UVA FILM FESTIVAL | |||||||
| PO BOX 400869 | CHARLOTTESVILLE | VA | 22904 | NONE | 501(C)(3) | GRANT IS FOR DONEE'S EXEMPT PURPOSE | $30,000 |
| UVA HERITAGE THEATRE | |||||||
| 155 RUGBY ROAD | CHARLOTTESVILLE | VA | 22904 | NONE | 501(C)(3) | GRANT IS FOR DONEE'S EXEMPT PURPOSE | $25,000 |
| VIRGINIA FOUNDATION FOR THE HUMANITIES | |||||||
| 145 EDNAM PLACE | CHARLOTTESVILLE | VA | 22903 | NONE | 501(C)(3) | GRANT IS FOR DONEE'S EXEMPT PURPOSE | $100,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Grant Or Contri Paid During Year | 2080375 | 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 | $3,453 | ExclusionAmount |
Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 14 | ExclusionCode |
| Exclusion | $2,425,169 | ExclusionAmount |
Gain Sales Assets Oth Than Invntry GainSalesAssetsOthThanInvntry
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 18 | ExclusionCode |
| Exclusion | $5,128,097 | ExclusionAmount |
Other Revenue Described OtherRevenueDescribed (2 entries)
| DescriptionDescription | Exclusion CodeExclusionCode | ExclusionExclusionAmount |
|---|---|---|
| PERMISSIONS AND LICENSES | 01 | $20,215 |
| REPAYMENT OF PRIOR YEARS TRUSTEE COMMISSIONS | 01 | $19,923 |
Subtotals Part XVIA SubtotalsPartXVIA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Income | $0 | UnrelatedBusinessIncomeAmount |
| Exclusion | $7,596,857 | ExclusionAmount |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Part XVIA | 7596857 | 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 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees AccountingFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | MCGLADREY LLP | Category |
| Amount | $17,060 | Amount |
| Net Investment Income | 8530 | NetInvestmentIncome |
| Disbursements Charitable Prps | 8530 | DisbursementsCharitablePrps |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corp Bonds InvestmentsCorpBonds (6 entries)
| Name Of BondNameOfBond | EOY Book ValueEOYBookValue | EOYFMVEOYFMV |
|---|---|---|
| 400,000 AT&T INC | 395296 | 476516 |
| 250,000 BANK OF AMERICA CORP | 249974 | 292755 |
| 100,000 BARCLAYS BANK PLC | 99748 | 113893 |
| 500,000 GOLDMAN SACHS | 488140 | 505845 |
| 400,000 JP MORGAN CHASE & CO | 369145 | 435132 |
| 400,000 VERIZON COMMUNICATIONS | 390462 | 480348 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corp Stock InvestmentsCorpStock (60 entries)
| Name Of StockNameOfStock | EOY Book ValueEOYBookValue | EOYFMVEOYFMV |
|---|---|---|
| 15,000 ABBOTT LABORATORIES | 853567 | 982500 |
| 25,000 ALLIANT ENERGY GROUP | 591203 | 1097750 |
| 15,000 AMN ELEC POWER CO | 447273 | 640200 |
| 2,000 APPLE INC | 1106472 | 1064346 |
| 20,000 AT&T INC | 494624 | 674200 |
| 20,000 ATMOS ENERGY CORP | 528126 | 702400 |
| 8,000 BHP BILLITON LTD | 166979 | 627360 |
| 22,500 BRISTOL-MYERS SQUIBB CO | 322227 | 733275 |
| 8,000 CENTERPOINT ENERGY INC | 92105 | 154000 |
| 25,000 CHEVRON CORP | 1143845 | 2703500 |
| 50,000 CISCO SYSTEMS INC | 894772 | 982470 |
| 40,000 COCA-COLA CO COM | 1443858 | 1450000 |
| 7,500 COLGATE PALMOLIVE | 538730 | 784050 |
| 8,000 CONOCOPHILLIPS COM | 449000 | 463920 |
| 3,350 DEERE & CO COM | 274454 | 289507 |
| 5,000 DOVER CORP COM | 306526 | 328550 |
| 20,000 EQT CORP | 466544 | 1179600 |
| 30,000 EXXON MOBIL CORP | 2410311 | 2596500 |
| 20,000 GENERAL ELECTRIC CO | 420074 | 419800 |
| 15,000 GENERAL MILLS | 430311 | 606300 |
| 1,000 GOOGLE INC | 662650 | 707380 |
| 10,000 HOME DEPOT INC | 622120 | 618500 |
| 15,000 HONEYWELL INTL INC | 547273 | 952050 |
| 30,000 HORMEL FOODS CORP | 193265 | 936300 |
| 20,000 JOHNSON AND JOHNSON COM | 1099841 | 1402000 |
| 5,000 KELLOGG CO | 230355 | 279250 |
| 10,000 KIMBERLY CLARK | 640315 | 844300 |
| 20,000 MARATHON OIL CORP | 123129 | 613200 |
| 10,000 MARATHON PETROLEUM CORP | 83290 | 630000 |
| 3,000 MARKET VECTORS GOLD | 187469 | 139170 |
| 18,000 MCDONALDS CORP | 1070329 | 1587780 |
| 50,625 MDU RESOURCES GRP INC | 229098 | 1075275 |
| 30,000 MERCK & CO INC | 1077689 | 1228200 |
| 50,000 MICROSOFT CORP | 1288252 | 1335485 |
| 25,000 NEW JERSEY RESOURCE CORP | 280215 | 990500 |
| 30,000 NEXTERA ENERGY INC | 439087 | 2075700 |
| 15,000 PEPSICO INC | 811735 | 1026450 |
| 31,000 PFIZER INC | 572049 | 777458 |
| 4,000 PHILLIPS 66 | 133436 | 212400 |
| 20,000 PLUM CREEK TIMBER CO INC | 589793 | 887400 |
| 10,000 PPG INDUSTRIES INC SHS | 444507 | 1353500 |
| 18,000 PROCTER & GAMBLE CO | 970994 | 1222020 |
| 50,000 QEP RESOURCES INC | 207161 | 1513500 |
| 50,000 QUESTAR CORP | 106245 | 988000 |
| 15,000 SCANA CORP NEW | 279600 | 684600 |
| 25,000 SEMPRA ENERGY | 573693 | 1773500 |
| 20,000 SOUTH JERSEY IND | 143120 | 754950 |
| 20,000 SOUTHERN COMPANY | 545741 | 856200 |
| 25,000 SOUTHWEST GAS CORP | 364344 | 1060250 |
| 25,300 SPECTRA ENERGY CORP | 292095 | 692714 |
| 20,000 TECO ENERGY INC | 379050 | 335200 |
| 50,000 TORTOISE MLP FUND | 1253326 | 1225500 |
| 4,000 VANGUARD TELECOM SERVICE | 250948 | 280040 |
| 20,000 VERIZON COMMUNICATIONS | 475865 | 865400 |
| 10,000 WAL-MART STORES INC | 483805 | 682300 |
| 5,000 WALT DISNEY HOLDING CO | 252966 | 248950 |
| 10,000 WESTAR ENERGY INC | 180411 | 286200 |
| 10,000 WGL HOLDINGS INC | 115626 | 391900 |
| 15,000 XCEL ENERGY INC | 269192 | 400650 |
| 5,500 3M COMPANY | 395270 | 510675 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOther (14 entries)
| Category Or ItemCategoryOrItem | Listed At Cost Or FMVListedAtCostOrFMV | Book ValueBookValue | EOYFMVEOYFMV |
|---|---|---|---|
| 1,361 AGIC CONV & INCOME FD | FMV | 6118 | 11827 |
| 14,372 ALLIANCEBERNSTEIN GLOBAL | FMV | 180051 | 224922 |
| 83,749 BLACKROCK INCOME TRUST | FMV | 587537 | 615555 |
| 260,761 DNP SELECT INCOME FD INC | FMV | 2398878 | 2469407 |
| 6,024 DWS HIGH INCOME TRUST | FMV | 49665 | 61445 |
| 44,304 HANCOCK JOHN PREMIUM DIV FUND | FMV | 493661 | 601205 |
| 10,000 INVESCO VAN KAMPEN BOND FUND | FMV | 169724 | 213400 |
| 7,000 ISHARES BARCLAY 1-3 YR CREDIT BOND | FMV | 732509 | 738360 |
| 10,000 ISHARES BARCLAYS 7-10 YR TREAS BOND | FMV | 1068589 | 1074900 |
| 6,000 ISHARES BARCLAYS 20+ YR TREAS BOND | FMV | 703090 | 727080 |
| 63,616 MORGAN STANLEY INCOME SEC | FMV | 1039138 | 1174351 |
| 3,000 PROSHARES SHORT S & P 500 EFT | FMV | 107730 | 102090 |
| 72,502 PUTNAM HIGH INCOME SECS | FMV | 536153 | 576391 |
| 215,166 TEMPLETON GLOBAL INCOME | FMV | 1979943 | 2031167 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | PROSKAUER ROSE LLP | Category |
| Amount | $23,381 | Amount |
| Net Investment Income | 0 | NetInvestmentIncome |
| Disbursements Charitable Prps | 23381 | DisbursementsCharitablePrps |
Other Assets Schedule OtherAssetsSchedule
Other Assets OtherAssets (2 entries)
| DescriptionDescription | BOY Book ValueBOYBookValue | EOY Book ValueEOYBookValue | EOYFMVEOYFMV |
|---|---|---|---|
| PROGRAM RELATED ASSETS | 541440 | 541440 | 1032800 |
| DUE FROM BROKER | 12157 | 12157 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases OtherDecreases
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | PRIOR YEAR DIVIDEND REFUNDED | Description |
| Amount | $4,125 | Amount |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | Revenue And Expenses Per BooksRevenueAndExpensesPerBooks | Net Investment IncomeNetInvestmentIncome | Disbursements Charitable PrpsDisbursementsCharitablePrps |
|---|---|---|---|
| ANNUAL FILING FEE | 1500 | 0 | 1500 |
| BANK FEE | 490 | 490 | 0 |
| AD REVISIONS | 91 | 0 | 91 |
| OFFICE EXPENSES | 400 | 0 | 400 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income OtherIncome (2 entries)
| DescriptionDescription | Revenue And Expenses Per BooksRevenueAndExpensesPerBooks | Net Investment IncomeNetInvestmentIncome | Adjusted Net IncomeAdjustedNetIncome |
|---|---|---|---|
| PERMISSIONS AND LICENSES | 20215 | 20215 | 20215 |
| REPAYMENT OF PRIOR YEARS TRUSTEE COMMISSIONS | 19923 | 12452 | 19923 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees OtherProfessionalFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | FIDUCIARY TRUST CUSTODY FEE | Category |
| Amount | $138,109 | Amount |
| Net Investment Income | 138109 | NetInvestmentIncome |
| Disbursements Charitable Prps | 0 | DisbursementsCharitablePrps |
Taxes Schedule TaxesSchedule
Taxes Taxes (2 entries)
| CategoryCategory | AmountAmount | Net Investment IncomeNetInvestmentIncome | Disbursements Charitable PrpsDisbursementsCharitablePrps |
|---|---|---|---|
| FEDERAL EXCISE TAX | $90,000 | 0 | 0 |
| FOREIGN TAX PAID | $4,296 | 4296 | 0 |
Comments