GRANITE STEPS FOUNDATION: Form 990PF, tax year 2012

View the entire original 990 at ProPublica ↗

Organization: GRANITE STEPS FOUNDATION (EIN 20-7377814)
Tax period: 2012-01-01 to 2012-12-31
Filed: 2013-05-13
IRS object ID: 201331339349101323
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
Other Increases Schedule
Taxes Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2013-05-13T11:53:51-07:00	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	GARSON K GOLDSTEIN CPA	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	796 DEER PARK AVE	AddressLine1
City	NORTH BABYLON	City
State	NY	State
ZIP Code	11703	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	207377814	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	GRANITE STEPS FOUNDATION	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	GRAN	NameControl
Phone	6312432445	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	186 CAPTAINS WAY	AddressLine1
City	BAY SHORE	City
State	NY	State
ZIP Code	11706	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	PAUL PARKAS	Name
Title	COMPTROLLER	Title
Phone	6312432445	Phone
Date Signed	2013-05-12	DateSigned

Preparer Preparer

Field	Value	IRS element (for citing)
Name	GARSON K GOLDSTEIN CPA	Name
Phone	6312432445	Phone
Date Prepared	2013-05-13	DatePrepared

Field	Value	IRS element (for citing)
Tax Year	2012	TaxYear
Build TS	2016-02-25 16:41:14Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Exempt PF	X	ExemptPF
FMV Assets EOY	82148	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	542	InterestOnSavingsRevAndExpnss
Capital Gain Net Incm Net Invst Incm	0	CapitalGainNetIncmNetInvstIncm
Total Revenue And Expenses	542	TotalRevenueAndExpenses
Total Net Investment Income	0	TotalNetInvestmentIncome
Taxes Rev And Expnss	1	TaxesRevAndExpnss
Tot Opr Expenses Rev And Expnss	1	TotOprExpensesRevAndExpnss
Tot Opr Expenses Net Invst Incm	0	TotOprExpensesNetInvstIncm
Tot Opr Expenses Dsbrs Chrtbl Prps	0	TotOprExpensesDsbrsChrtblPrps
Contri Gifts Paid Rev And Expnss	56000	ContriGiftsPaidRevAndExpnss
Contri Gifts Paid Dsbrs Chrtbl Prps	0	ContriGiftsPaidDsbrsChrtblPrps
Total Expenses Rev And Expnss	56001	TotalExpensesRevAndExpnss
Total Expenses Net Invst Incm	0	TotalExpensesNetInvstIncm
Total Expenses Dsbrs Chrtbl Prps	0	TotalExpensesDsbrsChrtblPrps
Excess Of Revenue Over Expenses	-55459	ExcessOfRevenueOverExpenses
Net Investment Income	0	NetInvestmentIncome

Balance Sheets BalanceSheets

Field	Value	IRS element (for citing)
Savings And Temp Cash Invst BOY	84390	SavingsAndTempCashInvstBOY
Savings And Temp Cash Invst EOY	28931	SavingsAndTempCashInvstEOY
Savings And Temp Cash Invst EOYFMV	28931	SavingsAndTempCashInvstEOYFMV
Investments Corp Stock BOY	40500	InvestmentsCorpStockBOY
Investments Corp Stock EOY	53217	InvestmentsCorpStockEOY
Investments Corp Stock EOYFMV	53217	InvestmentsCorpStockEOYFMV
Total Assets BOY	124890	TotalAssetsBOY
Total Assets EOY	82148	TotalAssetsEOY
Total Assets EOYFMV	82148	TotalAssetsEOYFMV
Total Liabilities EOY	0	TotalLiabilitiesEOY
Org That Do Not Follow SFAS117	X	OrgThatDoNotFollowSFAS117
Retained Earnings BOY	124890	RetainedEarningsBOY
Retained Earnings EOY	82148	RetainedEarningsEOY
Total Net Assets BOY	124890	TotalNetAssetsBOY
Total Net Assets EOY	82148	TotalNetAssetsEOY
Total Liabilities Net Assets BOY	124890	TotalLiabilitiesNetAssetsBOY
Total Liabilities Net Assets EOY	82148	TotalLiabilitiesNetAssetsEOY

Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances

Field	Value	IRS element (for citing)
Total Net Assets Fund Balances BOY	124890	TotalNetAssetsFundBalancesBOY
Excess Of Revenue Over Expenses	-55459	ExcessOfRevenueOverExpenses
Other Increases	12717	OtherIncreases
Subtotal	82148	Subtotal
Total Net Assets Fund Balances EOY	82148	TotalNetAssetsFundBalancesEOY

Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax

Field	Value	IRS element (for citing)
Distribution Ratio Year1	0.000000	DistributionRatioYear1
Distribution Ratio Year2	0.000000	DistributionRatioYear2
Distribution Ratio Year3	0.000000	DistributionRatioYear3
Distribution Ratio Year4	0.000000	DistributionRatioYear4
Qualifying Distributions Year5	10250	QualifyingDistributionsYear5
Total Distribution Ratio	0.000000	TotalDistributionRatio
Average Distribution Ratio	0.000000	AverageDistributionRatio
Adj Nonchrtbl Assets And One	0	AdjNonchrtblAssetsAndOnePct
Qualifying Distributions	0	QualifyingDistributions

Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm

Field	Value	IRS element (for citing)
Investment Income Excise Tax	0	InvestmentIncomeExciseTax
Tax Under Section511	0	TaxUnderSection511
Tax Based On Investment Income	0	TaxBasedOnInvestmentIncome
Amount Credited To Next Year	0	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
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	PAUL PARKAS	BooksInCareOfPersonName
Books In Care Of Phone Number	6316478848	BooksInCareOfPhoneNumber

Books In Care Of US Address BooksInCareOfUSAddress

Field	Value	IRS element (for citing)
Address Line1	186 CAPTAINS WAY	AddressLine1
City	BAY SHORE	City
State	NY	State
ZIP Code	11706	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
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 (3 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
LOUIS FANTOZZI
12 BURNHAM ROAD	WINDHAM	NH	03087	Trustee	1.00	0	0	0
COLLEEN FANTOZZI
12 BURNHAM ROAD	WINDAHM	NH	03087	Trustee	1.00	0	0	0
PAUL PARKAS
186 CAPTAINS WAY	BAY SHORE	NY	11706	Comptroller	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	0	AvgMonthlyCashBalances
FMV All Other Noncharitable Assets	0	FMVAllOtherNoncharitableAssets
Total FMV Of Unused Assets	0	TotalFMVOfUnusedAssets
Adj Total FMV Of Unused Assets	0	AdjTotalFMVOfUnusedAssets
Cash Deemed Charitable	0	CashDeemedCharitable
Net Noncharitable Assets	0	NetNoncharitableAssets
Minimum Investment Return	0	MinimumInvestmentReturn

Distributable DistributableAmount

Field	Value	IRS element (for citing)
Distributable Amount As Adjusted	0	DistributableAmountAsAdjusted

Qualifying Distributions QualifyingDistributions

Field	Value	IRS element (for citing)
Expenses And Contributions	0	ExpensesAndContributions

Undistributed Income UndistributedIncome

Field	Value	IRS element (for citing)
Distributable Amount As Adjusted	0	DistributableAmountAsAdjusted
Undistributed Income CY	0	UndistributedIncomeCY

Supplementary Information SupplementaryInformation

Field	Value	IRS element (for citing)
Only Contributes To Preselected	X	OnlyContributesToPreselected

Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (9 entries)

Address Line1RecipientUSAddress/AddressLine1	CityRecipientUSAddress/City	StateRecipientUSAddress/State	ZIP CodeRecipientUSAddress/ZIPCode	Recipient Foundation StatusRecipientFoundationStatus	Purpose Of Grant Or ContributionPurposeOfGrantOrContribution	AmountAmount
CAMP SUNSHINE
35 ACADIA ROAD	CASCO	ME	04015	501c3	Medical retreat forterminally ill	$15,000
NH SPECIAL OLYMPICS
650 ELM STREET	MANCHESTER	NH	03101	501C3	SPECIAL OLYMPICS	$5,000
CHILDRENS HOSPITAL BOSTON
300 LONGWOOD AVE	BOSTON	MA	02115	501C3	MEDICAL RESEARCH	$10,000
HOME FOR LITTLE WANDERERS
271 HUNTINGTON AVENUE	BOSTON	MA	02115	501C3	CHILDREN'S SHELTER	$10,000
DANA -FABER CANCER INSTITUTE
10 BROOKLINE PLACE	BROOKLINE	MA	02445	501C3	CANCER RESEARCH	$5,000
ST NICHOLAS CHURCH FOOD DRIVE
200 GREAT EAST NECK ROAD	WEST BABYLON	NY	11706	501C3	FOOD BANK	$1,000
MEALS ON WHEELS
106 NORTH ROAD	BRENTWOOD	NH	03833	501C3	FOOD BANK	$5,000
NASHUA CHILDRENS HOME
125 AMHERST STREET	NASHUA	NH	03064	501C3	CHILDRENS SHELTER	$5,000
(no name)
						$0

Field	Value	IRS element (for citing)
Tot Grant Or Contri Paid During Year	56000	TotGrantOrContriPaidDuringYear

Analysis Income Producing Acty AnalysisIncomeProducingActy

Int On Savings And Temp Cash Invst IntOnSavingsAndTempCashInvst

Field	Value	IRS element (for citing)
Business Code	900001	BusinessCode
Unrelated Business Income	$542	UnrelatedBusinessIncomeAmount

Subtotals Part XVIA SubtotalsPartXVIA

Field	Value	IRS element (for citing)
Unrelated Business Income	$542	UnrelatedBusinessIncomeAmount

Field	Value	IRS element (for citing)
Total Part XVIA	542	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

Other Increases Schedule OtherIncreasesSchedule

Other Increases OtherIncreases

Field	Value	IRS element (for citing)
Description	STOCK GAINS	Description
Amount	$12,717	Amount

Taxes Schedule TaxesSchedule

Taxes Taxes (2 entries)

CategoryCategory	AmountAmount
990PF	$1
NYS CHAR 500

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