ROBB CHARITABLE TR: Form 990PF, tax year 2012

View the entire original 990 at ProPublica ↗

Organization
ROBB CHARITABLE TR (EIN 22-3087631)
Tax period
2012-01-01 to 2012-12-31
Filed
2013-11-15
IRS object ID
201323199349101862
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 ReturnHeader

FieldValueIRS element (for citing)
Timestamp2013-11-15T14:23:31-06:00Timestamp
Tax Period End Date2012-12-31TaxPeriodEndDate

Preparer Firm PreparerFirm

FieldValueIRS element (for citing)
EIN141592927EIN

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1KARP ACKERMAN SKABOWSKI & HOGAN CPASBusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line11 HUDSON CITY CENTRE SUITE 1EAddressLine1
CityHUDSONCity
StateNYState
ZIP Code12534ZIPCode
FieldValueIRS element (for citing)
Return Type990PFReturnType
Tax Period Begin Date2012-01-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN223087631EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1THE ROBB CHARITABLE TRUST CO LINDSEY ROBBBusinessNameLine1
FieldValueIRS element (for citing)
Name ControlROBBNameControl
Phone6179831387Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line140 MONTVALE STREET 3AddressLine1
CityROSLINDALECity
StateMAState
ZIP Code02131ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameLINDSEY ROBBName
TitleMANAGERTitle
Phone6179831387Phone
Date Signed2013-11-14DateSigned
Authorize Third Party1AuthorizeThirdParty

Preparer Preparer

FieldValueIRS element (for citing)
NameDAVID M ACKERMANName
PTINP00235616PTIN
Phone5188287618Phone
Date Prepared2013-11-14DatePrepared
FieldValueIRS element (for citing)
Tax Year2012TaxYear
Build TS2016-02-25 16:41:14ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Exempt PFXExemptPF
FMV Assets EOY5876363FMVAssetsEOY
Method Of Accounting CashXMethodOfAccountingCash

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Not Required To Attach Schedule BXNotRequiredToAttachScheduleB
Interest On Savings Rev And Expnss4InterestOnSavingsRevAndExpnss
Interest On Savings Net Invst Incm4InterestOnSavingsNetInvstIncm
Dividends Rev And Expnss27001DividendsRevAndExpnss
Dividends Net Invst Incm27001DividendsNetInvstIncm
Net Gain Sale Assets Rev And Expnss-6937NetGainSaleAssetsRevAndExpnss
Gross Sales Price25456GrossSalesPrice
Capital Gain Net Incm Net Invst Incm0CapitalGainNetIncmNetInvstIncm
Other Income Rev And Expnss7779OtherIncomeRevAndExpnss
Other Income Net Invst Incm0OtherIncomeNetInvstIncm
Total Revenue And Expenses27847TotalRevenueAndExpenses
Total Net Investment Income27005TotalNetInvestmentIncome
Comp Ofcr Dir Trst Rev And Expnss2000CompOfcrDirTrstRevAndExpnss
Comp Ofcr Dir Trst Net Invst Incm0CompOfcrDirTrstNetInvstIncm
Comp Ofcr Dir Trst Dsbrs Chrtbl Prps0CompOfcrDirTrstDsbrsChrtblPrps
Accounting Fees Rev And Expnss10750AccountingFeesRevAndExpnss
Accounting Fees Net Invst Incm0AccountingFeesNetInvstIncm
Accounting Fees Dsbrs Chrtbl Prps0AccountingFeesDsbrsChrtblPrps
Other Expenses Rev And Expnss2689OtherExpensesRevAndExpnss
Other Expenses Net Invst Incm137OtherExpensesNetInvstIncm
Other Expenses Dsbrs Chrtbl Prps0OtherExpensesDsbrsChrtblPrps
Tot Opr Expenses Rev And Expnss15439TotOprExpensesRevAndExpnss
Tot Opr Expenses Net Invst Incm137TotOprExpensesNetInvstIncm
Tot Opr Expenses Dsbrs Chrtbl Prps0TotOprExpensesDsbrsChrtblPrps
Contri Gifts Paid Rev And Expnss118300ContriGiftsPaidRevAndExpnss
Contri Gifts Paid Dsbrs Chrtbl Prps118300ContriGiftsPaidDsbrsChrtblPrps
Total Expenses Rev And Expnss133739TotalExpensesRevAndExpnss
Total Expenses Net Invst Incm137TotalExpensesNetInvstIncm
Total Expenses Dsbrs Chrtbl Prps118300TotalExpensesDsbrsChrtblPrps
Excess Of Revenue Over Expenses-105892ExcessOfRevenueOverExpenses
Net Investment Income26868NetInvestmentIncome

Balance Sheets BalanceSheets

FieldValueIRS element (for citing)
Cash BOY3699CashBOY
Cash EOY19652CashEOY
Cash EOYFMV19652CashEOYFMV
Savings And Temp Cash Invst BOY47042SavingsAndTempCashInvstBOY
Savings And Temp Cash Invst EOY5042SavingsAndTempCashInvstEOY
Savings And Temp Cash Invst EOYFMV5042SavingsAndTempCashInvstEOYFMV
Investments Other BOY6069340InvestmentsOtherBOY
Investments Other EOY6005495InvestmentsOtherEOY
Investments Other EOYFMV5851669InvestmentsOtherEOYFMV
Total Assets BOY6120081TotalAssetsBOY
Total Assets EOY6030189TotalAssetsEOY
Total Assets EOYFMV5876363TotalAssetsEOYFMV
Total Liabilities BOY0TotalLiabilitiesBOY
Total Liabilities EOY0TotalLiabilitiesEOY
Org That Do Not Follow SFAS117XOrgThatDoNotFollowSFAS117
Capital Stock BOY0CapitalStockBOY
Capital Stock EOY0CapitalStockEOY
Paid In Or Capital Surplus BOY0PaidInOrCapitalSurplusBOY
Paid In Or Capital Surplus EOY0PaidInOrCapitalSurplusEOY
Retained Earnings BOY6120081RetainedEarningsBOY
Retained Earnings EOY6030189RetainedEarningsEOY
Total Net Assets BOY6120081TotalNetAssetsBOY
Total Net Assets EOY6030189TotalNetAssetsEOY
Total Liabilities Net Assets BOY6120081TotalLiabilitiesNetAssetsBOY
Total Liabilities Net Assets EOY6030189TotalLiabilitiesNetAssetsEOY

Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances

FieldValueIRS element (for citing)
Total Net Assets Fund Balances BOY6120081TotalNetAssetsFundBalancesBOY
Excess Of Revenue Over Expenses-105892ExcessOfRevenueOverExpenses
Other Increases16000OtherIncreases
Subtotal6030189Subtotal
Other Decreases0OtherDecreases
Total Net Assets Fund Balances EOY6030189TotalNetAssetsFundBalancesEOY

Capital Gains And Losses CapitalGainsAndLosses

Capital Gains And Losses Info CapitalGainsAndLossesInfo

FieldValueIRS element (for citing)
Description Of Asset3833.55 SH DIVIDEND CAPITAL DIVERSIFIED PROPERTY FUND CL EDescriptionOfAsset
How AcquiredPHowAcquired
Date Acquired2007-03-20DateAcquired
Date Sold2012-09-08DateSold
Gross Sales Price25456GrossSalesPrice
Cost Or Other Basis32393CostOrOtherBasis
Gain Or Loss-6937GainOrLoss
Gains Minus Excess Or Losses-6937GainsMinusExcessOrLosses
FieldValueIRS element (for citing)
Capital Gain Net Income-6937CapitalGainNetIncome

Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm

FieldValueIRS element (for citing)
Investment Income Excise Tax537InvestmentIncomeExciseTax
Tax Under Section5110TaxUnderSection511
Subtotal537Subtotal
Subtitle A Tax0SubtitleATax
Tax Based On Investment Income537TaxBasedOnInvestmentIncome
Est Tax Payments And Overpayment13573EstTaxPaymentsAndOverpayment
Total Credits And Payments13573TotalCreditsAndPayments
Overpayment13036Overpayment
Amount Credited To Next Year13036AmountCreditedToNextYear
Amount To Be Refunded0AmountToBeRefunded

Statements Regarding Activities StatementsRegardingActivities

FieldValueIRS element (for citing)
Legislative Political Activities0LegislativePoliticalActivities
More Than100 Spent0MoreThan100Spent
Form1120 POL Filed0Form1120POLFiled
Sect4955 Tax On Organization0Sect4955TaxOnOrganization
Sect4955 Tax On Managers0Sect4955TaxOnManagers
Reimbursement Of Tax0ReimbursementOfTax
Activities Not Prev Reported0ActivitiesNotPrevReported
Changes To Articles Or Bylaws0ChangesToArticlesOrBylaws
Unrelated Bus Income Over10001UnrelatedBusIncomeOver1000
Form990 T Filed1Form990TFiled
Termination Etc0TerminationEtc
Requirements Of Sect508e0RequirementsOfSect508e
At Least5000 In Assets1AtLeast5000InAssets
States Filed WithMAStatesFiledWith
Form990 PF Filed With AG1Form990PFFiledWithAG
Private Operating Foundation0PrivateOperatingFoundation
New Substantial Contributors0NewSubstantialContributors
Interest In Controlled Entity0InterestInControlledEntity
Applicable Insurance Contract0ApplicableInsuranceContract
Comply With Public Inspection Rqr1ComplyWithPublicInspectionRqr
Website AddressNONEWebsiteAddress
Books In Care Of Person NameLINDSEY ROBBBooksInCareOfPersonName
Books In Care Of Phone Number6179831387BooksInCareOfPhoneNumber

Books In Care Of US Address BooksInCareOfUSAddress

FieldValueIRS element (for citing)
Address Line140 MONTVALE ST 3AddressLine1
CityROSLINDALECity
StateMAState
ZIP Code02131ZIPCode
FieldValueIRS element (for citing)
Foreign Bank0ForeignBank

Statements Regarding Acty4720 StatementsRegardingActy4720

FieldValueIRS element (for citing)
Sale Or Exchange With Dsqfly Person0SaleOrExchangeWithDsqflyPerson
Borrow Or Lend With Dsqfly Person0BorrowOrLendWithDsqflyPerson
Furnished Goods With Dsqfly Person0FurnishedGoodsWithDsqflyPerson
Pay Compensation To Dsqfly Person0PayCompensationToDsqflyPerson
Transfer Assets To Dsqfly Person0TransferAssetsToDsqflyPerson
Payment To Government Offical0PaymentToGovernmentOffical
Uncorrected Prior Acts0UncorrectedPriorActs
Undistributed Income Prior Years0UndistributedIncomePriorYears
Business Holdings0BusinessHoldings
Jeopardy Investments0JeopardyInvestments
Uncorrected Jeopardy Investments0UncorrectedJeopardyInvestments
Influence Legislation0InfluenceLegislation
Influence Election0InfluenceElection
Grants To Individuals0GrantsToIndividuals
Grants To Organizations0GrantsToOrganizations
Noncharitable Purpose0NoncharitablePurpose
Rcv Funds To Pay Prsnl Bnft Contract0RcvFundsToPayPrsnlBnftContract
Pay Premiums Prsnl Bnft Contract0PayPremiumsPrsnlBnftContract
Prohibited Tax Shelter Transactn0ProhibitedTaxShelterTransactn

Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo

Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee (7 entries)

Address Line1USAddress/AddressLine1CityUSAddress/CityStateUSAddress/StateZIP CodeUSAddress/ZIPCodeTitleTitleAvg Hours Per Wk Devoted To PositionAvgHoursPerWkDevotedToPositionCompensationCompensationContri To Empl Benefit Plans EtcContriToEmplBenefitPlansEtcExpense Account Other AllowancesExpenseAccountOtherAllowances
WALTER ROBB
1358 RUFFNER ROADSCHENECTADYNY12309TRUSTEE0.40000
ANNE ROBB
1358 RUFFNER ROADSCHENECTADYNY12309TRUSTEE0.20000
LINDSEY ROBB
40 MONTVALE STREET 3ROSLINDALEMA02130MANAGER10.00200000
MARJORIE ROBB
56 PILGRIM ROADMARBLEHEADMA01945TRUSTEE0.20000
STEVE ROBB
39 MALDEN LANEWAYLANDMA01778TRUSTEE0.20000
KIMBERLY ROBB
39 MALDEN LANEWAYLANDMA01778TRUSTEE0.20000
RICH ROBB
40 MONTVALE STREET 3ROSLINDALEMA02130BOARD MEMBER4.00000
FieldValueIRS element (for citing)
Comp Of Highest Paid Empl NONENONECompOfHighestPaidEmplNONE
Tot Number Of Oth Empl Paid Over50k0TotNumberOfOthEmplPaidOver50k
Comp Of Hghst Paid Cntrct NONENONECompOfHghstPaidCntrctNONE
Tot Number Of Cntrct Paid Over50k0TotNumberOfCntrctPaidOver50k

Sum Of Program Related Investments SumOfProgramRelatedInvestments

FieldValueIRS element (for citing)
Total0Total

Minimum Investment Return MinimumInvestmentReturn

FieldValueIRS element (for citing)
Avg Monthly FMV Of Securities5861267AvgMonthlyFMVOfSecurities
Avg Monthly Cash Balances53940AvgMonthlyCashBalances
FMV All Other Noncharitable Assets40216FMVAllOtherNoncharitableAssets
Total FMV Of Unused Assets5955423TotalFMVOfUnusedAssets
Reduction Claimed0ReductionClaimed
Acquisition Indebtedness0AcquisitionIndebtedness
Adj Total FMV Of Unused Assets5955423AdjTotalFMVOfUnusedAssets
Cash Deemed Charitable89331CashDeemedCharitable
Net Noncharitable Assets5866092NetNoncharitableAssets
Minimum Investment Return293305MinimumInvestmentReturn

Distributable DistributableAmount

FieldValueIRS element (for citing)
Minimum Investment Return293305MinimumInvestmentReturn
Tax Based On Investment Income537TaxBasedOnInvestmentIncome
Total Tax537TotalTax
Distributable Amount Before Adj292768DistributableAmountBeforeAdj
Recoveries Qlfy Distributions0RecoveriesQlfyDistributions
Distributable Amount Before Ded292768DistributableAmountBeforeDed
Deduction Fr Distributable$0DeductionFrDistributableAmount
Distributable Amount As Adjusted292768DistributableAmountAsAdjusted

Qualifying Distributions QualifyingDistributions

FieldValueIRS element (for citing)
Expenses And Contributions118300ExpensesAndContributions
Program Related Investments Total0ProgramRelatedInvestmentsTotal
Qualifying Distributions118300QualifyingDistributions
One Pct Sect4940e Org Net Invst Incm0OnePctSect4940eOrgNetInvstIncm
Adj Qualifying Distributions118300AdjQualifyingDistributions

Undistributed Income UndistributedIncome

FieldValueIRS element (for citing)
Distributable Amount As Adjusted292768DistributableAmountAsAdjusted
Undistributed Income Prior Year0UndistributedIncomePriorYear
Total For Prior Years0TotalForPriorYears
Excess Distri Carryover Year5600856ExcessDistriCarryoverYear5
Excess Distri Carryover Year4738860ExcessDistriCarryoverYear4
Excess Distri Carryover Year3721721ExcessDistriCarryoverYear3
Total Excess Distri Carryover2061437TotalExcessDistriCarryover
Qualifying Distributions118300QualifyingDistributions
Applied To Year10AppliedToYear1
Applied To Prior Years0AppliedToPriorYears
Treated As Distri From Corpus0TreatedAsDistriFromCorpus
Applied To Current Year118300AppliedToCurrentYear
Remaining Distri From Corpus0RemainingDistriFromCorpus
Excess Distri Cyov App CY Corpus174468ExcessDistriCyovAppCYCorpus
Excess Distri Cyov Applied CY174468ExcessDistriCyovAppliedCY
Total Corpus1886969TotalCorpus
Prior Year Undistributed Income0PriorYearUndistributedIncome
Prior Year Deficiency Or Tax0PriorYearDeficiencyOrTax
Taxable Amount10TaxableAmount1
Taxable Amount20TaxableAmount2
Undistributed Income CY0UndistributedIncomeCY
Distri From Corpus170b1 E Or4942g30DistriFromCorpus170b1EOr4942g3
Excess Distri Cyov From Year5426388ExcessDistriCyovFromYear5
Excess Distri Cyov To Next Year1460581ExcessDistriCyovToNextYear
Excess From Year4738860ExcessFromYear4
Excess From Year3721721ExcessFromYear3

Supplementary Information SupplementaryInformation

FieldValueIRS element (for citing)
Contributing ManagerWALTER ROBBContributingManager
Only Contributes To PreselectedXOnlyContributesToPreselected

Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (8 entries)

Address Line1RecipientUSAddress/AddressLine1CityRecipientUSAddress/CityStateRecipientUSAddress/StateZIP CodeRecipientUSAddress/ZIPCodeRecipient RelationshipRecipientRelationshipRecipient Foundation StatusRecipientFoundationStatusPurpose Of Grant Or ContributionPurposeOfGrantOrContributionAmountAmount
AMERICAN PHILOSOPHICAL SOCIETY
104 SOUTH FIFTH STREETPHILADELPHIAPA19106N/A501(C)(3)GENERAL$1,000
FIRST REFORMED CHURCH
8 NORTH CHURCH STREETSCHENECTADYNY12305N/A501(C)(3)GENERAL$26,000
PROCTOR'S THEATER
432 STATE STREETSCHENECTADYNY12305N/A501(C)(3)GENERAL$11,250
CAPITAL DISTRICT YMCA
465 NEW KARNER ROADALBANYNY12205N/A501(C)(3)GENERAL$10,000
ELLIS HOSPITAL FOUNDATION
1101 NOTT STREETSCHENECTADYNY12308N/A501(C)(3)GENERAL$20,000
OUTREACH 360
6611 W ROBERT E LEE STREETGLENDALEAZ85308N/A501(C)(3)GENERAL$50
PENN STATE UNIVERSITY
201 OLD MAINUNIVERSITY PARKPA16802N/A501(C)(3)GENERAL$25,000
YMCA
101 N WACKER DRIVECHICAGOIL60606N/A501(C)(3)GENERAL$25,000
FieldValueIRS element (for citing)
Tot Grant Or Contri Paid During Year118300TotGrantOrContriPaidDuringYear
Tot Grant Or Contri Approved Future0TotGrantOrContriApprovedFuture

Analysis Income Producing Acty AnalysisIncomeProducingActy

Int On Savings And Temp Cash Invst IntOnSavingsAndTempCashInvst

FieldValueIRS element (for citing)
Exclusion Code14ExclusionCode
Exclusion$4ExclusionAmount

Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII

FieldValueIRS element (for citing)
Exclusion Code14ExclusionCode
Exclusion$27,001ExclusionAmount

Gain Sales Assets Oth Than Invntry GainSalesAssetsOthThanInvntry

FieldValueIRS element (for citing)
Exclusion Code18ExclusionCode
Exclusion-$6,937ExclusionAmount

Other Revenue Described OtherRevenueDescribed (2 entries)

DescriptionDescriptionBusiness CodeBusinessCodeUnrelated Business IncomeUnrelatedBusinessIncomeAmount
RIDGEWOOD POWER GROWTH FUND531190$15,810
RIDGEWOOD ENERGY K FUND LLC211110-$8,031

Subtotals Part XVIA SubtotalsPartXVIA

FieldValueIRS element (for citing)
Unrelated Business Income$7,779UnrelatedBusinessIncomeAmount
Exclusion$20,068ExclusionAmount
Related Or Exempt Function Income0RelatedOrExemptFunctionIncome
FieldValueIRS element (for citing)
Total Part XVIA27847TotalPartXVIA

Trnsfr Tr Rln With Noncharitable EO TrnsfrTrRlnWithNoncharitableEO

FieldValueIRS element (for citing)
Trnsfr Of Cash To Noncharitable EO0TrnsfrOfCashToNoncharitableEO
Trnsfr Oth Assets Noncharitable EO0TrnsfrOthAssetsNoncharitableEO
Sales Or Exchanges Of Assets0SalesOrExchangesOfAssets
Purchase Assets Noncharitable EO0PurchaseAssetsNoncharitableEO
Rental Of Facilities Etc0RentalOfFacilitiesEtc
Reimbursement Arrangements0ReimbursementArrangements
Loans Or Loan Guarantees0LoansOrLoanGuarantees
Performance Of Services Etc0PerformanceOfServicesEtc
Sharing Of Facilities Etc0SharingOfFacilitiesEtc
Relationships Noncharitable E Os0RelationshipsNoncharitableEOs

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees AccountingFees

FieldValueIRS element (for citing)
CategoryACCOUNTING FEESCategory
Amount$10,750Amount
Net Investment Income0NetInvestmentIncome
Disbursements Charitable Prps0DisbursementsCharitablePrps

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOther (11 entries)

Category Or ItemCategoryOrItemListed At Cost Or FMVListedAtCostOrFMVBook ValueBookValueEOYFMVEOYFMV
RIDGEWOOD POWER GROWTH FUNDAT COST3396533965
CYCLICS CORPAT COST40251004025100
RIDGEWOOD ENERGY K FUND LLCAT COST00
FLOAT TECHAT COST210000210000
DIVIDEND CAPITAL DIVERSIFIED PROPERTY FUND CL EAT COST118458100571
KBS REAL ESTATE INVESTMENT TRUSTAT COST256547155400
INLAND AMERICAN REAL ESTATE TRUSTAT COST209906175114
DAISAT COST8990089900
INNURVAT COST500000500000
ACTION SPORTS INCAT COST261619261619
PREFERRED INCOME PARTNERS IVAT COST300000300000

Other Expenses Schedule OtherExpensesSchedule

Other Expenses OtherExpenses (4 entries)

DescriptionDescriptionRevenue And Expenses Per BooksRevenueAndExpensesPerBooksNet Investment IncomeNetInvestmentIncomeDisbursements Charitable PrpsDisbursementsCharitablePrps
BANK CHARGES12120
BROKERAGE ACCOUNT FEE1251250
FILING FEE3500
MISCELLANEOUS251700

Other Income Schedule2 OtherIncomeSchedule2

Other Income OtherIncome (2 entries)

DescriptionDescriptionRevenue And Expenses Per BooksRevenueAndExpensesPerBooksNet Investment IncomeNetInvestmentIncomeAdjusted Net IncomeAdjustedNetIncome
RIDGEWOOD POWER GROWTH FUND15810015810
RIDGEWOOD ENERGY K FUND LLC-80310-8031

Other Increases Schedule OtherIncreasesSchedule

Other Increases OtherIncreases

FieldValueIRS element (for citing)
DescriptionFEDERAL TAX REFUNDDescription
Amount$16,000Amount

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