THE GRACE AND MERCY FOUNDATION INC: Form 990PF, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- THE GRACE AND MERCY FOUNDATION INC (EIN 20-8050779)
- Tax period
- 2012-01-01 to 2012-12-31
- Filed
- 2013-11-12
- IRS object ID
- 201323169349100837
- 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
- Form 990-PF
- Schedule B
- Accounting Fees Schedule
- Depreciation Schedule
- Gain Loss Sale Other Assets Sch
- Investments Other Schedule2
- Land Etc Schedule2
- Legal Fees Schedule
- Other Assets Schedule
- Other Assets Schedule
- Other Assets Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-11-12T12:41:06-08:00 | Timestamp |
| Tax Period End Date | 2012-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JOHN T ABLAMSKY MBA CPA | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 63 REID AVENUE | AddressLine1 |
| City | PORT WASHINGTON | City |
| State | NY | State |
| ZIP Code | 110503507 | 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 | 208050779 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE GRACE AND MERCY FOUNDATION INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | GRAC | NameControl |
| Phone | 2129842561 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | C/O TIGER ASIA 101 PARK AVENUE | AddressLine1 |
| City | NEW YORK | City |
| State | NY | State |
| ZIP Code | 10178 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | PATRICK HALLIGAN | Name |
| Title | PRESIDENT | Title |
| Phone | 2129842561 | Phone |
| Date Signed | 2013-11-12 | DateSigned |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | JOHN T ABLAMSKY MBA CPA | Name |
| Phone | 5168834306 | Phone |
| Date Prepared | 2013-11-12 | DatePrepared |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exempt PF | X | ExemptPF |
| FMV Assets EOY | 68839374 | FMVAssetsEOY |
| Method Of Accounting Cash | X | MethodOfAccountingCash |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Received Rev And Expnss | 23603 | ContriReceivedRevAndExpnss |
| Interest On Savings Rev And Expnss | 54937 | InterestOnSavingsRevAndExpnss |
| Interest On Savings Net Invst Incm | 54937 | InterestOnSavingsNetInvstIncm |
| Net Gain Sale Assets Rev And Expnss | -452759 | NetGainSaleAssetsRevAndExpnss |
| Gross Sales Price | 638007 | GrossSalesPrice |
| Capital Gain Net Incm Net Invst Incm | 0 | CapitalGainNetIncmNetInvstIncm |
| Total Revenue And Expenses | -374219 | TotalRevenueAndExpenses |
| Total Net Investment Income | 54937 | TotalNetInvestmentIncome |
| Oth Empl Slrs Wgs Rev And Expnss | 781635 | OthEmplSlrsWgsRevAndExpnss |
| Oth Empl Slrs Wgs Net Invst Incm | 30000 | OthEmplSlrsWgsNetInvstIncm |
| Oth Empl Slrs Wgs Dsbrs Chrtbl Prps | 751635 | OthEmplSlrsWgsDsbrsChrtblPrps |
| Pension Empl Bnft Rev And Expnss | 100154 | PensionEmplBnftRevAndExpnss |
| Pension Empl Bnft Dsbrs Chrtbl Prps | 100154 | PensionEmplBnftDsbrsChrtblPrps |
| Legal Fees Rev And Expnss | 39723 | LegalFeesRevAndExpnss |
| Legal Fees Dsbrs Chrtbl Prps | 39723 | LegalFeesDsbrsChrtblPrps |
| Accounting Fees Rev And Expnss | 11900 | AccountingFeesRevAndExpnss |
| Accounting Fees Net Invst Incm | 5950 | AccountingFeesNetInvstIncm |
| Accounting Fees Dsbrs Chrtbl Prps | 5950 | AccountingFeesDsbrsChrtblPrps |
| Taxes Rev And Expnss | 0 | TaxesRevAndExpnss |
| Deprec And Depletion Rev And Expnss | 7344 | DeprecAndDepletionRevAndExpnss |
| Deprec And Depletion Net Invst Incm | 3669 | DeprecAndDepletionNetInvstIncm |
| Occupancy Rev And Expnss | 67006 | OccupancyRevAndExpnss |
| Occupancy Dsbrs Chrtbl Prps | 67006 | OccupancyDsbrsChrtblPrps |
| Trav Conf Meeting Rev And Expnss | 113698 | TravConfMeetingRevAndExpnss |
| Trav Conf Meeting Dsbrs Chrtbl Prps | 113698 | TravConfMeetingDsbrsChrtblPrps |
| Other Expenses Rev And Expnss | 212135 | OtherExpensesRevAndExpnss |
| Other Expenses Dsbrs Chrtbl Prps | 212135 | OtherExpensesDsbrsChrtblPrps |
| Tot Opr Expenses Rev And Expnss | 1333595 | TotOprExpensesRevAndExpnss |
| Tot Opr Expenses Net Invst Incm | 39619 | TotOprExpensesNetInvstIncm |
| Tot Opr Expenses Dsbrs Chrtbl Prps | 1290301 | TotOprExpensesDsbrsChrtblPrps |
| Contri Gifts Paid Rev And Expnss | 5648178 | ContriGiftsPaidRevAndExpnss |
| Contri Gifts Paid Dsbrs Chrtbl Prps | 5648178 | ContriGiftsPaidDsbrsChrtblPrps |
| Total Expenses Rev And Expnss | 6981773 | TotalExpensesRevAndExpnss |
| Total Expenses Net Invst Incm | 39619 | TotalExpensesNetInvstIncm |
| Total Expenses Dsbrs Chrtbl Prps | 6938479 | TotalExpensesDsbrsChrtblPrps |
| Excess Of Revenue Over Expenses | -7355992 | ExcessOfRevenueOverExpenses |
| Net Investment Income | 15318 | NetInvestmentIncome |
Balance Sheets BalanceSheets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | 244150 | CashBOY |
| Cash EOY | 848972 | CashEOY |
| Cash EOYFMV | 848972 | CashEOYFMV |
| Savings And Temp Cash Invst BOY | 42722081 | SavingsAndTempCashInvstBOY |
| Savings And Temp Cash Invst EOY | 34404726 | SavingsAndTempCashInvstEOY |
| Savings And Temp Cash Invst EOYFMV | 34404726 | SavingsAndTempCashInvstEOYFMV |
| Investments Other BOY | 29232299 | InvestmentsOtherBOY |
| Investments Other EOY | 29537032 | InvestmentsOtherEOY |
| Investments Other EOYFMV | 33550982 | InvestmentsOtherEOYFMV |
| Land Building And Equipment Basis | 29088 | LandBuildingAndEquipmentBasis |
| Accum Deprec Land Bldg And Equip | 11194 | AccumDeprecLandBldgAndEquip |
| Land Building And Equipment BOY | 17582 | LandBuildingAndEquipmentBOY |
| Land Building And Equipment EOY | 17894 | LandBuildingAndEquipmentEOY |
| Land Building And Equipment EOYFMV | 17894 | LandBuildingAndEquipmentEOYFMV |
| Other Assets BOY | 5300 | OtherAssetsBOY |
| Other Assets EOY | 16800 | OtherAssetsEOY |
| Other Assets EOYFMV | 16800 | OtherAssetsEOYFMV |
| Total Assets BOY | 72221412 | TotalAssetsBOY |
| Total Assets EOY | 64825424 | TotalAssetsEOY |
| Total Assets EOYFMV | 68839374 | TotalAssetsEOYFMV |
| Total Liabilities EOY | 0 | TotalLiabilitiesEOY |
| Org That Do Not Follow SFAS117 | X | OrgThatDoNotFollowSFAS117 |
| Capital Stock BOY | 72221412 | CapitalStockBOY |
| Capital Stock EOY | 64825424 | CapitalStockEOY |
| Total Net Assets BOY | 72221412 | TotalNetAssetsBOY |
| Total Net Assets EOY | 64825424 | TotalNetAssetsEOY |
| Total Liabilities Net Assets BOY | 72221412 | TotalLiabilitiesNetAssetsBOY |
| Total Liabilities Net Assets EOY | 64825424 | TotalLiabilitiesNetAssetsEOY |
Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Net Assets Fund Balances BOY | 72221412 | TotalNetAssetsFundBalancesBOY |
| Excess Of Revenue Over Expenses | -7355992 | ExcessOfRevenueOverExpenses |
| Subtotal | 64865420 | Subtotal |
| Other Decreases | 39996 | OtherDecreases |
| Total Net Assets Fund Balances EOY | 64825424 | TotalNetAssetsFundBalancesEOY |
Capital Gains And Losses CapitalGainsAndLosses
Capital Gains And Losses Info CapitalGainsAndLossesInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description Of Asset | WRA INVESTMENT OFFSHORE, LTD | DescriptionOfAsset |
| How Acquired | P | HowAcquired |
| Date Acquired | 2008-01-01 | DateAcquired |
| Date Sold | 2012-12-28 | DateSold |
| Gross Sales Price | 638007 | GrossSalesPrice |
| Depreciation | 0 | Depreciation |
| Cost Or Other Basis | 1090766 | CostOrOtherBasis |
| Gain Or Loss | -452759 | GainOrLoss |
| FMV As Of123169 | 0 | FMVAsOf123169 |
| Adjusted Basis As Of123169 | 0 | AdjustedBasisAsOf123169 |
| Excess Of FMV Over Adjusted Basis | 0 | ExcessOfFMVOverAdjustedBasis |
| Gains Minus Excess Or Losses | -452759 | GainsMinusExcessOrLosses |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -452759 | CapitalGainNetIncome |
Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable For4942 Tax | false | LiableFor4942Tax |
| Qualifying Distributions Year1 | 4502762 | QualifyingDistributionsYear1 |
| Noncharitable Assets Year1 | 70741771 | NoncharitableAssetsYear1 |
| Distribution Ratio Year1 | 0.063651 | DistributionRatioYear1 |
| Qualifying Distributions Year2 | 4839400 | QualifyingDistributionsYear2 |
| Noncharitable Assets Year2 | 71473744 | NoncharitableAssetsYear2 |
| Distribution Ratio Year2 | 0.067709 | DistributionRatioYear2 |
| Qualifying Distributions Year3 | 4368671 | QualifyingDistributionsYear3 |
| Noncharitable Assets Year3 | 71000360 | NoncharitableAssetsYear3 |
| Distribution Ratio Year3 | 0.061530 | DistributionRatioYear3 |
| Qualifying Distributions Year4 | 1471941 | QualifyingDistributionsYear4 |
| Noncharitable Assets Year4 | 73822641 | NoncharitableAssetsYear4 |
| Distribution Ratio Year4 | 0.019939 | DistributionRatioYear4 |
| Qualifying Distributions Year5 | 63792 | QualifyingDistributionsYear5 |
| Noncharitable Assets Year5 | 29883286 | NoncharitableAssetsYear5 |
| Distribution Ratio Year5 | 0.002135 | DistributionRatioYear5 |
| Total Distribution Ratio | 0.214964 | TotalDistributionRatio |
| Average Distribution Ratio | 0.042993 | AverageDistributionRatio |
| Net Noncharitable Assets | 72420766 | NetNoncharitableAssets |
| Adjusted Noncharitable Assets | 3113586 | AdjustedNoncharitableAssets |
| One Percent Net Investment Income | 153 | OnePercentNetInvestmentIncome |
| Adj Nonchrtbl Assets And One | 3113739 | AdjNonchrtblAssetsAndOnePct |
| Qualifying Distributions | 6938479 | QualifyingDistributions |
Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm
| Field | Value | IRS element (for citing) |
|---|---|---|
| Domestic Org Meeting Sect4940e | X | DomesticOrgMeetingSect4940e |
| Investment Income Excise Tax | 153 | InvestmentIncomeExciseTax |
| Tax Under Section511 | 0 | TaxUnderSection511 |
| Subtotal | 153 | Subtotal |
| Tax Based On Investment Income | 153 | TaxBasedOnInvestmentIncome |
| Est Tax Payments And Overpayment | 6561 | EstTaxPaymentsAndOverpayment |
| Total Credits And Payments | 6561 | TotalCreditsAndPayments |
| Original Return Overpayment | -6561 | OriginalReturnOverpayment |
| Overpayment | 6408 | Overpayment |
| Amount Credited To Next Year | 6408 | 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 | true | 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 Person Name | PATRICK HALLIGAN | BooksInCareOfPersonName |
| Books In Care Of Phone Number | 2129842561 | BooksInCareOfPhoneNumber |
Books In Care Of US Address BooksInCareOfUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | C/O TIGER ASIA 101 PARK AVE - 48 FL | AddressLine1 |
| City | NY | City |
| State | NY | State |
| ZIP Code | 10178 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Bank | false | ForeignBank |
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 |
| Uncorrected Prior Acts | false | UncorrectedPriorActs |
| Undistributed Income Prior Years | false | UndistributedIncomePriorYears |
| Undistr Income4942a2 Not Applied | false | UndistrIncome4942a2NotApplied |
| 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 (5 entries)
| Address Line1USAddress/AddressLine1 | CityUSAddress/City | StateUSAddress/State | ZIP CodeUSAddress/ZIPCode | TitleTitle | Avg Hours Per Wk Devoted To PositionAvgHoursPerWkDevotedToPosition | CompensationCompensation | Contri To Empl Benefit Plans EtcContriToEmplBenefitPlansEtc | Expense Account Other AllowancesExpenseAccountOtherAllowances |
|---|---|---|---|---|---|---|---|---|
| MARK W SHAW | ||||||||
| 568 HARRISTOWN ROAD | GLEN ROCK | NJ | 07452 | PRESIDENT | 40.00 | 350000 | 0 | 0 |
| SUNG KOOK HWANG | ||||||||
| 26 TRAFALGAR ROAD | TENAFLY | NJ | 07670 | DIRECTOR | 2.00 | 0 | 0 | 0 |
| BECKY HWANG | ||||||||
| 26 TRAFALGAR ROAD | TENAFLY | NJ | 07670 | V.P./DIRECTOR | 2.00 | 0 | 0 | 0 |
| PATRICK HALLIGAN | ||||||||
| 3 MAGNOLIA LANE | SYOSSET | NY | 11791 | TREASURER | 5.00 | 0 | 0 | 0 |
| JEANNE COX | ||||||||
| PO BOX 2018 | NY | NY | 10163 | SECRETARY | 1.00 | 0 | 0 | 0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Highest Paid Empl NONE | NONE | CompOfHighestPaidEmplNONE |
| Tot Number Of Oth Empl Paid Over50k | 0 | TotNumberOfOthEmplPaidOver50k |
| Comp Of Hghst Paid Cntrct NONE | NONE | CompOfHghstPaidCntrctNONE |
| Tot Number Of Cntrct Paid Over50k | 0 | TotNumberOfCntrctPaidOver50k |
Minimum Investment Return MinimumInvestmentReturn
| Field | Value | IRS element (for citing) |
|---|---|---|
| Avg Monthly FMV Of Securities | 0 | AvgMonthlyFMVOfSecurities |
| Avg Monthly Cash Balances | 38892040 | AvgMonthlyCashBalances |
| FMV All Other Noncharitable Assets | 34631580 | FMVAllOtherNoncharitableAssets |
| Total FMV Of Unused Assets | 73523620 | TotalFMVOfUnusedAssets |
| Adj Total FMV Of Unused Assets | 73523620 | AdjTotalFMVOfUnusedAssets |
| Cash Deemed Charitable | 1102854 | CashDeemedCharitable |
| Net Noncharitable Assets | 72420766 | NetNoncharitableAssets |
| Minimum Investment Return | 3621038 | MinimumInvestmentReturn |
Distributable DistributableAmount
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | 3621038 | MinimumInvestmentReturn |
| Tax Based On Investment Income | 153 | TaxBasedOnInvestmentIncome |
| Total Tax | 153 | TotalTax |
| Distributable Amount Before Adj | 3620885 | DistributableAmountBeforeAdj |
| Distributable Amount Before Ded | 3620885 | DistributableAmountBeforeDed |
| Distributable Amount As Adjusted | 3620885 | DistributableAmountAsAdjusted |
Qualifying Distributions QualifyingDistributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | 6938479 | ExpensesAndContributions |
| Qualifying Distributions | 6938479 | QualifyingDistributions |
| One Pct Sect4940e Org Net Invst Incm | 153 | OnePctSect4940eOrgNetInvstIncm |
| Adj Qualifying Distributions | 6938326 | AdjQualifyingDistributions |
Undistributed Income UndistributedIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable Amount As Adjusted | 3620885 | DistributableAmountAsAdjusted |
| Undistributed Income Prior Year | 626719 | UndistributedIncomePriorYear |
| Qualifying Distributions | 6938479 | QualifyingDistributions |
| Applied To Year1 | 626719 | AppliedToYear1 |
| Applied To Current Year | 3620885 | AppliedToCurrentYear |
| Remaining Distri From Corpus | 2690875 | RemainingDistriFromCorpus |
| Total Corpus | 2690875 | TotalCorpus |
| Undistributed Income CY | 0 | UndistributedIncomeCY |
| Excess Distri Cyov To Next Year | 2690875 | ExcessDistriCyovToNextYear |
| Excess From Current Year | 2690875 | ExcessFromCurrentYear |
Supplementary Information SupplementaryInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | SUNG KOOK HWANG | ContributingManager |
| Shareholder Manager | NA | ShareholderManager |
| Only Contributes To Preselected | X | OnlyContributesToPreselected |
Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (61 entries)
| Address Line1RecipientUSAddress/AddressLine1 | CityRecipientUSAddress/City | StateRecipientUSAddress/State | ZIP CodeRecipientUSAddress/ZIPCode | Recipient Foundation StatusRecipientFoundationStatus | Purpose Of Grant Or ContributionPurposeOfGrantOrContribution | AmountAmount | Recipient RelationshipRecipientRelationship |
|---|---|---|---|---|---|---|---|
| AMERICAN BIBLE SOCIETY | |||||||
| 1865 BROADWAY | NEW YORK | NY | 10023 | 509(a)1170(b)(1)(A) | RELIGIOUS | $25,000 | |
| CITY SEMINARY OF NEW YORK | |||||||
| 302 WEST 119TH STEET | NEW YORK | NY | 10026 | 509(a)1170(b)(1)(A) | RELIGIOUS | $100,000 | |
| COALITION FOR ASIAN AMERICAN CHILDREN AND FAMILIES | |||||||
| 50 BROAD STREET | NEW YORK | NY | 10004 | 509(a)1170(b)(1)(A) | HUMANITARIAN | $17,500 | |
| COMMUNITY FUND FOR MANHATTAN | |||||||
| 1 CENTRE STREET 19TH FLOOR | NEW YORK | NY | 10007 | 509(a)1170(b)(1)(A) | CULTURAL | $5,000 | |
| DEFY VENTURES INC | |||||||
| 440 W 34TH STREET | NEW YORK | NY | 10001 | 509(a)1170(b)(1)(A) | HUMINITARIAN | $221,000 | |
| DWIGHT-ENGLEWOOD SCHOOL | |||||||
| 315 EAST PALISADE AVE | ENGLEWOOD | NJ | 07631 | 509(a)1170(b)(1)(A) | EDUCATION | $130,000 | |
| FRIENDS OF ISLAND ACADEMY | |||||||
| 255 W 36TH STREET SIXTH FLOOR | NEW YORK | NY | 10018 | 509(a)1170(b)(1)(A) | EDUCATION | $30,000 | |
| FULLER THEOLOGICAL SEMINARY | |||||||
| 135 N OAKLAND AVE | PASADENA | CA | 91101 | 509(a)1170(b)(1)(A) | EDUCATION | $167,000 | |
| HAWAIIAN ISLANDS MINISTRIES | |||||||
| 2752 WOODLAWN DR | HONOLULU | HI | 96822 | 509(a)1170(b)(1)(A) | RELIGIOUS | $20,000 | |
| HERE'S LIFE INNER CITY | |||||||
| 2112 BROADWAY ST NE SUITE 100 | MINNEAPOLIS | MN | 55413 | 509(a)1170(b)(1)(A) | HUMANITARIAN | $45,000 | |
| HIGHROCK COVENANT CHURCH | |||||||
| 735 MASSACHUSETTS AVE | ARLINGTON | MA | 02476 | 509(a)1170(b)(1)(A) | RELIGIOUS | $10,000 | |
| HOLY NAME HEALTH CARE FOUNDATION | |||||||
| 718 TEANECK ROAD | TEANECK | NJ | 07666 | 509(a)1170(b)(1)(A) | MEDICAL | $332,000 | |
| HOPE FOR NEW YORK | |||||||
| 1359 BROADWAY | NEW YORK | NY | 10004 | 509(a)1170(b)(1)(A) | HUMANITARIAN | $250,000 | |
| INHERITANCE OF HOPE | |||||||
| PO BOX 90 | PISGAH FOREST | NC | 28768 | 509(a)1170(b)(1)(A) | HUMANITARIAN | $100,000 | |
| INTERNATIONAL STUDENT CONFERENCES | |||||||
| 1150 18TH ST NW SUITE LL2 | WASHINGTON | DC | 20036 | 509(a)1170(b)(1)(A) | EDUCATIONAL | $10,000 | |
| KOREAN AMERICAN CIVIC EMPOWERMENT | |||||||
| 35-20 147STREET 2D | FLUSHING | NY | 11354 | 509(a)1170(b)(1)(A) | CULTURAL | $10,000 | |
| KOREAN AMERICAN COMMUNITY FOUNDATION | |||||||
| 501 FIFTH AVE 3RD FL | NEW YORK | NY | 10017 | 509(a)1170(b)(1)(A) | CULTURAL | $100,000 | |
| KOREAN AMERICAN FAMILY SERVICE CENTER | |||||||
| PO BOX 541429 | FLUSHING | NY | 11354 | 509(a)1170(b)(1)(A) | CULTURAL | $40,000 | |
| KOREAN COMMUNITY CENTER - SANDY RELIEF FUND | |||||||
| 35-56 159TH ST | FLUSHING | NY | 11358 | 509(a)1170(b)(1)(A) | HUMANITARIAN | $25,000 | |
| KOREAN EVANGELICAL MISSION FOR HISPANICS | |||||||
| 2148 SEAVIEW DR | FULLTERON | CA | 92833 | 509(a)1170(b)(1)(A) | RELIGIOUS | $670,000 | |
| LAUSANNE COMMITTEE WORLD EVANGELIZATION | |||||||
| PO BOX 9020 | SAN DIMAS | CA | 91773 | 509(a)1170(b)(1)(A) | RELIGIOUS | $50,000 | |
| LINK | |||||||
| 1751 TORRANCE BLVD STE L | TORRANCE | CA | 90501 | 509(a)1170(b)(1)(A) | HUMANITARIAN | $250,000 | |
| LUMOON VISION | |||||||
| PO BOX 539 | NEW YORK | NY | 10163 | 509(a)1170(b)(1)(A) | MEDICAL | $75,000 | |
| MANHATTAN CHRISTIAN ACADEMY | |||||||
| 401 WEST 205TH STREET | NEW YORK | NY | 10034 | 509(a)1170(b)(1)(A) | EDUCATIONAL | $125,000 | |
| METRO COMMUNITY CHURCH | |||||||
| 446 W 36TH STREET | NEW YORK | NY | 10018 | 509(a)1170(b)(1)(A) | RELIGIOUS | $10,000 | |
| MIDTOWN PREGNANCY SUPPORT CENTER | |||||||
| 110 E 40TH ST 706 | NEW YORK | NY | 10016 | 509(a)1170(b)(1)(A) | MEDICAL | $50,000 | |
| NATIONAL FATHERHOOD INITIATIVE | |||||||
| 101 LAKE FOREST BLVD SUITE 360 | FAITHERSBURG | MA | 20877 | 509(a)1170(b)(1)(A) | HUMANITARIAN | $100,000 | |
| NEHEMIAH | |||||||
| PO BOX 259861 | MADISON | WI | 53725 | 509(a)1170(b)(1)(A) | RELIGIOUS | $177,250 | |
| NEW HOPE FOR CAMBODIAN CHILDREN | |||||||
| PO BOX 690597 | KILLEEN | TX | 76549 | 509(a)1170(b)(1)(A) | HUMANITARIAN | $10,000 | |
| NEW YORK ASIAN WOMEN'S CENTER | |||||||
| 39 BOWERY | NEW YORK | NY | 10002 | 509(a)1170(b)(1)(A) | HUMANITARIAN | $25,000 | |
| NEWSONG COMMUNITY CHURCH | |||||||
| 3985 MISSION AVE | OCEANSIDE | CA | 92058 | 509(a)1170(b)(1)(A) | RELIGIOUS | $145,967 | |
| NURU INTERNATIONAL | |||||||
| 71 MANZANITA ROAD | ATHER PON | CA | 94027 | 509(a)1170(b)(1)(A) | EDUCATIONAL | $30,000 | |
| ONE HOME MANY HOPES | |||||||
| 67 TROTTING PARK ROAD | EAST FALMOUTH | MA | 02536 | 509(a)1170(b)(1)(A) | HUMANITARIAN | $4,000 | |
| OPEN HANDS LEGAL SERVICES INC | |||||||
| 244 5TH AVENUE SUITE 2129 | NEW YORK | NY | 10001 | 509(a)1170(b)(1)(A) | HUMANITARIAN | $15,000 | |
| OTR LIVING WATER MINISTRY | |||||||
| 1528 RACE STREET | CINCINNATI | OH | 45202 | 509(a)1170(b)(1)(A) | RELIGIOUS | $20,000 | |
| RAZOO FOUNDATION | |||||||
| 1020 19TH ST NW | WASHINGTON | DC | 20036 | 509(a)1 | HUMANITARIAN | $250 | |
| RCKC | |||||||
| 1701 18TH AVENUE | SEATTLE | WA | 98144 | 509(a)1170(b)(1)(A) | HUMANITARIAN | $1,000 | |
| RAVI ZAHARIAS INTERNATIONAL MINISTRIES | |||||||
| 4725 PEACHTREE CORNERS CIRCLE SUITE | NORCROSS | GA | 30092 | 509(a)1170(b)(1)(A) | RELIGIOUS | $250,000 | |
| REDEEMER CITY TO CITY | |||||||
| 1359 BROADWAY 4TH FLOOR | NEW YORK | NY | 10018 | 509(a)1170(b)(1)(A) | RELIGIOUS | $250,000 | |
| REDEEMER PRESBYTERIAN CHURCH | |||||||
| 1359 BROADWAY | NEW YORK | NY | 10018 | 509(a)1170(b)(1)(A) | RELIGIOUS | $125,000 | |
| RISING TIDE CAPITAL | |||||||
| 334 MARTIN LUTHER KING JR DR | JERSEY CITY | NJ | 07305 | 509(a)1170(b)(1)(A) | HUMANITARIAN | $125,000 | |
| SEJONG INC | |||||||
| PO BOX 337 | CLOSTER | NJ | 07624 | 509(a)1170(b)(1)(A) | CULTURAL | $9,000 | |
| SOCRATES IN THE CITY | |||||||
| 49 WEST 84TH STREET 2 | NEW YORK | NY | 10024 | 509(a)1170(b)(1)(A) | EDUCATIONAL | $10,000 | |
| SOUTHERN VERMONT COLLEGE | |||||||
| 982 MANSION DR | BENINGTON | VT | 05201 | 509(a)1170(b)(1)(A) | EDUCATIONAL | $20,000 | |
| THE BEAUTIFUL FOUNDATION USA | |||||||
| 1605 JOHN ST 309 | FORT LEE | NJ | 07024 | 509(a)1170(b)(1)(A) | COMMUNITY | $45,000 | |
| THE BOWERY MISSION | |||||||
| 227 BOWERY | NEW YORK | NY | 10002 | 509(a)1170(b)(1)(A) | HUMANITARIAN | $100,000 | |
| THE BROOKLYN TABERNACLE | |||||||
| 17 SMITH ST | BROOKLYN | NY | 11201 | 509(a)1170(b)(1)(A) | RELIGIOUS | $500,000 | |
| THE CHURCH PLANTING CENTER | |||||||
| 1359 BROADWAY 4TH FLOOR | NEW YORK | NY | 10018 | 509(a)1170(b)(1)(A) | COMMUNITY | $36,000 | |
| THE FELLOWSHIP OF FATHERS FOUNDATION | |||||||
| 21 L STREET | WASHINGTON | DC | 20004 | 509(a)1170(b)(1)(A) | HUMANITARIAN | $100,000 | |
| THE GENEVA SCHOOL OF MANHATTAN | |||||||
| 123 W 57TH ST | NEW YORK | NY | 10019 | 509(a)1170(b)(1)(A) | EDUCATIONAL | $30,000 | |
| THE KING'S COLLEGE | |||||||
| 52 BROADWAY | NEW YORK | NY | 10004 | 509(a)1170(b)(1)(A) | EDUCATIONAL | $51,000 | |
| THE PARK FORUM INC | |||||||
| PARK WEST STATION NUMBER 20951 | NEW YORK | NY | 10025 | 509(a)1170(b)(1)(A) | HUMANITARIAN | $3,000 | |
| UNIVERSITY OF SOUTHERN CALIFORNIA | |||||||
| 850 WEST 37TH ST | LOS ANGELES | CA | 90089 | 509(a)1170(b)(1)(A) | EDUCATIONAL | $100,000 | |
| WORLD VISION INC | |||||||
| PO BOX 9716 | FEDERAL WAY | WA | 98063 | 509(a)1170(b)(1)(A) | HUMANITARIAN | $250,000 | |
| XEALOT INC | |||||||
| 18842 TELLER AVENUE | IRVINE | CA | 92612 | 509(a)1170(b)(1)(A) | RELIGIOUS | $200,000 | |
| ZIMELE USA | |||||||
| PO BOX 5543 | ENGLEWOOD | NJ | 07631 | 509(a)1170(b)(1)(A) | HUMANITARIAN | $15,000 | |
| LEIGH GIBBONS | |||||||
| 13702 ANDELE WAY | IRVINE | CA | 92620 | 509(a)1170(b)(1)(A) | SCHOLARSHIP | $17,776 | NONE |
| MEGAN GIBBONS | |||||||
| 13702 ANDELE WAY | IRVINE | CA | 92620 | 509(a)1170(b)(1)(A) | SCHOLARSHIP | $4,305 | NONE |
| ALEXANDRA-GEE LEWIS | |||||||
| 655 W BADGER RD | MADISON | WI | 53713 | 509(a)1170(b)(1)(A) | SCHOLARSHIP | $5,000 | NONE |
| EUN-A PARK | |||||||
| 320 E 46 ST | NEW YORK | NY | 10017 | 509(a)1170(b)(1)(A) | SCHOLARSHIP | $3,065 | NONE |
| EUN-A PARK | |||||||
| 320 E 46 ST | NEW YORK | NY | 10017 | 509(a)1170(b)(1)(A) | SCHOLARSHIP | $3,065 | NONE |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Grant Or Contri Paid During Year | 5648178 | 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 | $54,937 | ExclusionAmount |
Gain Sales Assets Oth Than Invntry GainSalesAssetsOthThanInvntry
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 18 | ExclusionCode |
| Exclusion | -$452,759 | ExclusionAmount |
Subtotals Part XVIA SubtotalsPartXVIA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | -$397,822 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Part XVIA | -397822 | 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 | JENSEN KO | ContributorNameIndividual |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 14 PARK STREET | AddressLine1 |
| City | TENAFLY | City |
| State | NJ | State |
| ZIP Code | 07670 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | 23603 | AggregateContributions |
| Person Contribution Type | X | PersonContributionType |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees AccountingFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | JOHN T. ABLAMSKY, CPA TAX & ACCOUNTING | Category |
| Amount | $11,900 | Amount |
| Net Investment Income | 5950 | NetInvestmentIncome |
| Disbursements Charitable Prps | 5950 | DisbursementsCharitablePrps |
Depreciation Schedule DepreciationSchedule
Depreciation Depreciation (11 entries)
| Description Of PropertyDescriptionOfProperty | Date AcquiredDateAcquired | Cost Or Other BasisCostOrOtherBasis | Prior Years DepreciationPriorYearsDepreciation | Computation MethodComputationMethod | LifeLife | Current Year ExpenseCurrentYearExpense | Net Investment IncomeNetInvestmentIncome |
|---|---|---|---|---|---|---|---|
| COMPUTER | 2010-11-01 | 1197 | 515 | 200DB | 5.00 | 273 | 136 |
| F&F | 2011-01-04 | 11296 | 1614 | 200DB | 7.00 | 2766 | 1383 |
| F&F | 2011-07-07 | 1174 | 168 | 200DB | 7.00 | 287 | 143 |
| COMPUTER | 2011-01-31 | 5059 | 1012 | 200DB | 5.00 | 1619 | 809 |
| COMPUTER | 2011-05-31 | 1805 | 361 | 200DB | 5.00 | 578 | 289 |
| COMPUTER | 2011-06-28 | 902 | 180 | 200DB | 5.00 | 289 | 144 |
| COMPUTER | 2012-04-15 | 978 | 200DB | 5.00 | 196 | 98 | |
| COMPUTER | 2012-05-16 | 2057 | 200DB | 5.00 | 411 | 205 | |
| COMPUTER | 2012-06-15 | 2813 | 200DB | 5.00 | 563 | 281 | |
| COMPUTER | 2012-07-16 | 1139 | 200DB | 5.00 | 228 | 114 | |
| COMPUTER | 2012-10-16 | 668 | 200DB | 5.00 | 134 | 67 |
Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch
Gain Loss Sale Other Asset GainLossSaleOtherAsset
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | WRA INVESTMENT OFFSHORE, LTD | Name |
| Date Acquired | 2008-01 | DateAcquired |
| How Acquired | Purchased | HowAcquired |
| Date Sold | 2012-12 | DateSold |
Purchaser Name PurchaserName
Business Business
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WRA INVESTMENT OFFSHORE LTD | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Price | 638007 | GrossSalesPrice |
| Basis | 1090766 | Basis |
| Basis Method | FMV | BasisMethod |
| Total Net | -452759 | TotalNet |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | VARIOUS INVESTMENTS | CategoryOrItem |
| Book Value | 29537032 | BookValue |
| EOYFMV | 33550982 | EOYFMV |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtc (2 entries)
| Category Or ItemCategoryOrItem | Cost Or Other BasisCostOrOtherBasis | Accumulated DepreciationAccumulatedDepreciation | Book ValueBookValue |
|---|---|---|---|
| FURNITURE & FIXTURES | 12469 | 4835 | 7634 |
| COMPUTER EQUIPMENT | 16619 | 6359 | 10260 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFees (3 entries)
| CategoryCategory | AmountAmount | Disbursements Charitable PrpsDisbursementsCharitablePrps |
|---|---|---|
| KRAMER, LEVIN, NAFTALIS & FRANKEL LEGAL | $35,158 | 35158 |
| ROBERT JESUELE LAW LEGAL | $3,915 | 3915 |
| ROPES & GRAVES, LLP LEGAL | $650 | 650 |
Other Assets Schedule OtherAssetsSchedule
Other Assets OtherAssets (2 entries)
| DescriptionDescription | BOY Book ValueBOYBookValue | EOY Book ValueEOYBookValue | EOYFMVEOYFMV |
|---|---|---|---|
| SECURITY DEPOSIT | 5300 | 5300 | 5300 |
| MISCELLANEOUS | 11500 | 11500 |
Other Assets Schedule OtherAssetsSchedule
Other Assets OtherAssets (2 entries)
| DescriptionDescription | BOY Book ValueBOYBookValue | EOY Book ValueEOYBookValue | EOYFMVEOYFMV |
|---|---|---|---|
| SECURITY DEPOSIT | 5300 | 5300 | 5300 |
| MISCELLANEOUS | 11500 | 11500 |
Other Assets Schedule OtherAssetsSchedule
Other Assets OtherAssets (2 entries)
| DescriptionDescription | BOY Book ValueBOYBookValue | EOY Book ValueEOYBookValue | EOYFMVEOYFMV |
|---|---|---|---|
| SECURITY DEPOSIT | 5300 | 5300 | 5300 |
| MISCELLANEOUS | 11500 | 11500 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases OtherDecreases
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | NONDEDUCTIBLE EXPENSES | Description |
| Amount | $39,996 | Amount |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses OtherExpenses (7 entries)
| DescriptionDescription | Revenue And Expenses Per BooksRevenueAndExpensesPerBooks | Disbursements Charitable PrpsDisbursementsCharitablePrps |
|---|---|---|
| NYS FILING FEES | ||
| MISCELLANEOUS | 9745 | 9745 |
| INSURANCE | 10846 | 10846 |
| PAYROLL EXPENSES | 43244 | 43244 |
| SUPPLIES,POSTAGE,PRINTING,ETC | 62086 | 62086 |
| LOCAL TRANSPORTATION | 47118 | 47118 |
| MEALS @ 50% | 39096 | 39096 |
Taxes Schedule TaxesSchedule
Taxes Taxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | FEDERAL EXCISE TAX | Category |
Comments