ERIC SCHWARTZ FAM FOUNDATION: Form 990PF, tax year 2012

View the entire original 990 at ProPublica ↗

Organization
ERIC SCHWARTZ FAM FOUNDATION (EIN 43-6900504)
Tax period
2012-01-01 to 2012-12-31
Filed
2013-04-08
IRS object ID
201330989349100563
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)
Timestamp2013-04-08T14:53:40-05:00Timestamp
Tax Period End Date2012-12-31TaxPeriodEndDate

Preparer Firm PreparerFirm

FieldValueIRS element (for citing)
EIN420714325EIN

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1MCGLADREY LLPBusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line1221 THIRD AVENUE SE STE 300AddressLine1
CityCEDAR RAPIDSCity
StateIAState
ZIP Code524011512ZIPCode
FieldValueIRS element (for citing)
Return Type990PFReturnType
Tax Period Begin Date2012-01-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN436900504EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1ERIC SCHWARTZ FAMILY FOUNDATIONBusinessNameLine1
FieldValueIRS element (for citing)
Name ControlERICNameControl
Phone5154725100Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line11613 PLEASANT PLAIN ROADAddressLine1
CityFAIRFIELDCity
StateIAState
ZIP Code52556ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameERIC SCHWARTZName
TitlePRESIDENTTitle
Phone5154725100Phone
Date Signed2013-03-27DateSigned
Authorize Third Party1AuthorizeThirdParty

Preparer Preparer

FieldValueIRS element (for citing)
NameKAY HEGARTYName
PTINP00091057PTIN
Phone3192985333Phone
FieldValueIRS element (for citing)
Tax Year2012TaxYear
Build TS2016-02-24 21:20:13ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Exempt PFXExemptPF
FMV Assets EOY7176FMVAssetsEOY
Method Of Accounting CashXMethodOfAccountingCash

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Received Rev And Expnss50000ContriReceivedRevAndExpnss
Dividends Rev And Expnss2DividendsRevAndExpnss
Dividends Net Invst Incm2DividendsNetInvstIncm
Capital Gain Net Incm Net Invst Incm0CapitalGainNetIncmNetInvstIncm
Total Revenue And Expenses50002TotalRevenueAndExpenses
Total Net Investment Income2TotalNetInvestmentIncome
Comp Ofcr Dir Trst Rev And Expnss0CompOfcrDirTrstRevAndExpnss
Comp Ofcr Dir Trst Net Invst Incm0CompOfcrDirTrstNetInvstIncm
Comp Ofcr Dir Trst Dsbrs Chrtbl Prps0CompOfcrDirTrstDsbrsChrtblPrps
Taxes Rev And Expnss27TaxesRevAndExpnss
Taxes Net Invst Incm0TaxesNetInvstIncm
Taxes Dsbrs Chrtbl Prps0TaxesDsbrsChrtblPrps
Tot Opr Expenses Rev And Expnss27TotOprExpensesRevAndExpnss
Tot Opr Expenses Net Invst Incm0TotOprExpensesNetInvstIncm
Tot Opr Expenses Dsbrs Chrtbl Prps0TotOprExpensesDsbrsChrtblPrps
Contri Gifts Paid Rev And Expnss126400ContriGiftsPaidRevAndExpnss
Contri Gifts Paid Dsbrs Chrtbl Prps126400ContriGiftsPaidDsbrsChrtblPrps
Total Expenses Rev And Expnss126427TotalExpensesRevAndExpnss
Total Expenses Net Invst Incm0TotalExpensesNetInvstIncm
Total Expenses Dsbrs Chrtbl Prps126400TotalExpensesDsbrsChrtblPrps
Excess Of Revenue Over Expenses-76425ExcessOfRevenueOverExpenses
Net Investment Income2NetInvestmentIncome

Balance Sheets BalanceSheets

FieldValueIRS element (for citing)
Savings And Temp Cash Invst BOY83601SavingsAndTempCashInvstBOY
Savings And Temp Cash Invst EOY7176SavingsAndTempCashInvstEOY
Savings And Temp Cash Invst EOYFMV7176SavingsAndTempCashInvstEOYFMV
Total Assets BOY83601TotalAssetsBOY
Total Assets EOY7176TotalAssetsEOY
Total Assets EOYFMV7176TotalAssetsEOYFMV
Total Liabilities BOY0TotalLiabilitiesBOY
Total Liabilities EOY0TotalLiabilitiesEOY
Org That Follow SFAS117XOrgThatFollowSFAS117
Unrestricted BOY83601UnrestrictedBOY
Unrestricted EOY7176UnrestrictedEOY
Total Net Assets BOY83601TotalNetAssetsBOY
Total Net Assets EOY7176TotalNetAssetsEOY
Total Liabilities Net Assets BOY83601TotalLiabilitiesNetAssetsBOY
Total Liabilities Net Assets EOY7176TotalLiabilitiesNetAssetsEOY

Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances

FieldValueIRS element (for citing)
Total Net Assets Fund Balances BOY83601TotalNetAssetsFundBalancesBOY
Excess Of Revenue Over Expenses-76425ExcessOfRevenueOverExpenses
Other Increases0OtherIncreases
Subtotal7176Subtotal
Other Decreases0OtherDecreases
Total Net Assets Fund Balances EOY7176TotalNetAssetsFundBalancesEOY

Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax

FieldValueIRS element (for citing)
Liable For4942 Tax0LiableFor4942Tax
Qualifying Distributions Year1491350QualifyingDistributionsYear1
Noncharitable Assets Year170839NoncharitableAssetsYear1
Distribution Ratio Year16.936151DistributionRatioYear1
Qualifying Distributions Year2380595QualifyingDistributionsYear2
Noncharitable Assets Year2106998NoncharitableAssetsYear2
Distribution Ratio Year23.557029DistributionRatioYear2
Qualifying Distributions Year3186750QualifyingDistributionsYear3
Noncharitable Assets Year3107155NoncharitableAssetsYear3
Distribution Ratio Year31.742802DistributionRatioYear3
Qualifying Distributions Year4273980QualifyingDistributionsYear4
Noncharitable Assets Year495069NoncharitableAssetsYear4
Distribution Ratio Year42.881907DistributionRatioYear4
Qualifying Distributions Year541600QualifyingDistributionsYear5
Noncharitable Assets Year533182NoncharitableAssetsYear5
Distribution Ratio Year51.253692DistributionRatioYear5
Total Distribution Ratio16.371581TotalDistributionRatio
Average Distribution Ratio3.274316AverageDistributionRatio
Net Noncharitable Assets20124NetNoncharitableAssets
Adjusted Noncharitable Assets65892AdjustedNoncharitableAssets
One Percent Net Investment Income0OnePercentNetInvestmentIncome
Adj Nonchrtbl Assets And One65892AdjNonchrtblAssetsAndOnePct
Qualifying Distributions126400QualifyingDistributions

Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm

FieldValueIRS element (for citing)
Domestic Org Meeting Sect4940eXDomesticOrgMeetingSect4940e
Investment Income Excise Tax0InvestmentIncomeExciseTax
Tax Under Section5110TaxUnderSection511
Subtotal0Subtotal
Subtitle A Tax0SubtitleATax
Tax Based On Investment Income0TaxBasedOnInvestmentIncome
Total Credits And Payments0TotalCreditsAndPayments
Tax Due0TaxDue

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 Over10000UnrelatedBusIncomeOver1000
Termination Etc0TerminationEtc
Requirements Of Sect508e1RequirementsOfSect508e
At Least5000 In Assets1AtLeast5000InAssets
States Filed WithIAStatesFiledWith
Form990 PF Filed With AG1Form990PFFiledWithAG
Private Operating Foundation0PrivateOperatingFoundation
New Substantial Contributors0NewSubstantialContributors
Interest In Controlled Entity0InterestInControlledEntity
Applicable Insurance Contract0ApplicableInsuranceContract
Comply With Public Inspection Rqr1ComplyWithPublicInspectionRqr
Website AddressN/AWebsiteAddress
Books In Care Of Person NameJERRY OLIVERBooksInCareOfPersonName
Books In Care Of Phone Number5154725100BooksInCareOfPhoneNumber

Books In Care Of US Address BooksInCareOfUSAddress

FieldValueIRS element (for citing)
Address Line11776 PLEASANT PLAIN RDAddressLine1
CityFAIRFIELDCity
StateIAState
ZIP Code52556ZIPCode
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 (2 entries)

Address Line1USAddress/AddressLine1CityUSAddress/CityStateUSAddress/StateZIP CodeUSAddress/ZIPCodeTitleTitleAvg Hours Per Wk Devoted To PositionAvgHoursPerWkDevotedToPositionCompensationCompensationContri To Empl Benefit Plans EtcContriToEmplBenefitPlansEtcExpense Account Other AllowancesExpenseAccountOtherAllowances
ERIC SCHWARTZ
1613 PLEASANT PLAIN ROADFAIRFIELDIA52556PRESIDENT1.00000
MARY SUE SCHWARTZ
1613 PLEASANT PLAIN ROADFAIRFIELDIA52556SECY/TREAS1.00000
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 Securities0AvgMonthlyFMVOfSecurities
Avg Monthly Cash Balances20430AvgMonthlyCashBalances
FMV All Other Noncharitable Assets0FMVAllOtherNoncharitableAssets
Total FMV Of Unused Assets20430TotalFMVOfUnusedAssets
Reduction Claimed0ReductionClaimed
Acquisition Indebtedness0AcquisitionIndebtedness
Adj Total FMV Of Unused Assets20430AdjTotalFMVOfUnusedAssets
Cash Deemed Charitable306CashDeemedCharitable
Net Noncharitable Assets20124NetNoncharitableAssets
Minimum Investment Return1006MinimumInvestmentReturn

Distributable DistributableAmount

FieldValueIRS element (for citing)
Minimum Investment Return1006MinimumInvestmentReturn
Total Tax0TotalTax
Distributable Amount Before Adj1006DistributableAmountBeforeAdj
Recoveries Qlfy Distributions0RecoveriesQlfyDistributions
Distributable Amount Before Ded1006DistributableAmountBeforeDed
Deduction Fr Distributable$0DeductionFrDistributableAmount
Distributable Amount As Adjusted1006DistributableAmountAsAdjusted

Qualifying Distributions QualifyingDistributions

FieldValueIRS element (for citing)
Expenses And Contributions126400ExpensesAndContributions
Program Related Investments Total0ProgramRelatedInvestmentsTotal
Qualifying Distributions126400QualifyingDistributions
One Pct Sect4940e Org Net Invst Incm0OnePctSect4940eOrgNetInvstIncm
Adj Qualifying Distributions126400AdjQualifyingDistributions

Undistributed Income UndistributedIncome

FieldValueIRS element (for citing)
Distributable Amount As Adjusted1006DistributableAmountAsAdjusted
Undistributed Income Prior Year0UndistributedIncomePriorYear
Total For Prior Years0TotalForPriorYears
Excess Distri Carryover Year539971ExcessDistriCarryoverYear5
Excess Distri Carryover Year4269267ExcessDistriCarryoverYear4
Excess Distri Carryover Year3181396ExcessDistriCarryoverYear3
Excess Distri Carryover Year2375245ExcessDistriCarryoverYear2
Excess Distri Carryover Year1487808ExcessDistriCarryoverYear1
Total Excess Distri Carryover1353687TotalExcessDistriCarryover
Qualifying Distributions126400QualifyingDistributions
Applied To Year10AppliedToYear1
Applied To Prior Years0AppliedToPriorYears
Treated As Distri From Corpus0TreatedAsDistriFromCorpus
Applied To Current Year1006AppliedToCurrentYear
Remaining Distri From Corpus125394RemainingDistriFromCorpus
Excess Distri Cyov App CY Corpus0ExcessDistriCyovAppCYCorpus
Excess Distri Cyov Applied CY0ExcessDistriCyovAppliedCY
Total Corpus1479081TotalCorpus
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 Year539971ExcessDistriCyovFromYear5
Excess Distri Cyov To Next Year1439110ExcessDistriCyovToNextYear
Excess From Year4269267ExcessFromYear4
Excess From Year3181396ExcessFromYear3
Excess From Year2375245ExcessFromYear2
Excess From Year1487808ExcessFromYear1
Excess From Current Year125394ExcessFromCurrentYear

Supplementary Information SupplementaryInformation

FieldValueIRS element (for citing)
Contributing ManagerERIC SCHWARTZContributingManager
Contributing ManagerMARY SUE SCHWARTZContributingManager

Appication Submission Info AppicationSubmissionInfo

FieldValueIRS element (for citing)
Recipient NameERIC SCHWARTZRecipientName

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line11613 PLEASANT PLAIN ROADAddressLine1
CityFAIRFIELDCity
StateIAState
ZIP Code52556ZIPCode
FieldValueIRS element (for citing)
Recipient Phone Number5154725100RecipientPhoneNumber
Form And Info And MaterialsAPPLICATIONS SHOULD BE WRITTEN AND SHOULD INCLUDE ALL RELEVANT INFORMATIONFormAndInfoAndMaterials
Submission DeadlinesN/ASubmissionDeadlines
Restrictions On AwardsN/ARestrictionsOnAwards

Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (6 entries)

Address Line1RecipientUSAddress/AddressLine1CityRecipientUSAddress/CityStateRecipientUSAddress/StateZIP CodeRecipientUSAddress/ZIPCodeRecipient RelationshipRecipientRelationshipRecipient Foundation StatusRecipientFoundationStatusPurpose Of Grant Or ContributionPurposeOfGrantOrContributionAmountAmountAddress Line2RecipientUSAddress/AddressLine2
FAIRFIELD ARTS & CONVENTION CENTER
200 NORTH MAIN STREETFAIRFIELDIA52556NONEPUBLIC2012 ANNUAL FUND$20,000
JEFFERSON COUNTY RESOURCE CENTER
600 SOUTH 2ND STREETFAIRFIELDIA52556NONEPUBLICCHILDREN'S HOLIDAY BENEFIT$3,000
MAHARISHI UNIVERSITY OF MANAGEMENT
DEVELOPMENT OFFICE MAHARISHIFAIRFIELDIA52557NONEPUBLICSUSTAINABLE LIVING CENTER BUILDING & VISITING FACULTY$95,000UNIVERSITY OF MANAGEMENT
MAHARISHI UNIVERSITY OF MANAGEMENT
DEVELOPMENT OFFICE MAHARISHIFAIRFIELDIA52557NONEPUBLICANNUAL FUND$1,000UNIVERSITY OF MANAGEMENT
FAIRFIELD PARKS AND RECREATION FOUNDATION
1000 WEST BURLINGTONFAIRFIELDIA52556NONEPUBLICGENERAL OPERATING BUDGET$2,000
MAHARISHI PURUSHA PROGRAM
3087 SOLUTION CENTERCHICAGOIL606773000NONEPUBLICGENERAL OPERATING BUDGET$5,400
FieldValueIRS element (for citing)
Tot Grant Or Contri Paid During Year126400TotGrantOrContriPaidDuringYear
Tot Grant Or Contri Approved Future0TotGrantOrContriApprovedFuture

Analysis Income Producing Acty AnalysisIncomeProducingActy

Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII

FieldValueIRS element (for citing)
Exclusion Code14ExclusionCode
Exclusion$2ExclusionAmount

Subtotals Part XVIA SubtotalsPartXVIA

FieldValueIRS element (for citing)
Unrelated Business Income$0UnrelatedBusinessIncomeAmount
Exclusion$2ExclusionAmount
Related Or Exempt Function Income0RelatedOrExemptFunctionIncome
FieldValueIRS element (for citing)
Total Part XVIA2TotalPartXVIA

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

Schedule B IRS990ScheduleB

FieldValueIRS element (for citing)
Organization501c3 Exempt PFXOrganization501c3ExemptPF
General RuleXGeneralRule

Contributor Info ContributorInfo

FieldValueIRS element (for citing)
Contributor Number1ContributorNumber
Contributor Name IndividualERIC AND MARY SUE SCHWARTZContributorNameIndividual

Contributor Address US ContributorAddressUS

FieldValueIRS element (for citing)
Address Line11613 PLEASANT PLAIN ROADAddressLine1
CityFAIRFIELDCity
StateIAState
ZIP Code52556ZIPCode
FieldValueIRS element (for citing)
Aggregate Contributions50000AggregateContributions
Person Contribution TypeXPersonContributionType

Taxes Schedule TaxesSchedule

Taxes Taxes

FieldValueIRS element (for citing)
Amount$27Amount
Net Investment Income0NetInvestmentIncome
Disbursements Charitable Prps0DisbursementsCharitablePrps

Comments

Anonymous: no account or email. Up to 2,000 characters, at most one link. Comments are checked automatically; some wait for review.