SALVAGGIO FAMILY FOUNDATION TR 10011998: Form 990PF, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- SALVAGGIO FAMILY FOUNDATION TR 10011998 (EIN 25-6614812)
- Tax period
- 2012-01-01 to 2012-12-31
- Filed
- 2013-06-20
- IRS object ID
- 201331719349100203
- 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
- Schedule B
- Accounting Fees Schedule
- Investments Corp Stock Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-06-20T08:28:34-05:00 | Timestamp |
| Tax Period End Date | 2012-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 232620120 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CONCANNON MILLER & CO PC | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1525 VALLEY CENTER PARKWAY SUITE | AddressLine1 |
| Address Line2 | 300 | AddressLine2 |
| City | BETHLEHEM | City |
| State | PA | State |
| ZIP Code | 180172285 | 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 | 256614812 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SALVAGGIO FAMILY FOUNDATION CO NORENE SALVAGGIO | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | SALV | NameControl |
| Phone | 6105305000 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1390 RIDGEVIEW DRIVE NO 300 | AddressLine1 |
| City | ALLENTOWN | City |
| State | PA | State |
| ZIP Code | 18104 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | NORENE L SALVAGGIO | Name |
| Title | PRESIDENT | Title |
| Phone | 6105305000 | Phone |
| Date Signed | 2013-06-18 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | ANTHONY R DEUTSCH CPA | Name |
| PTIN | P00122679 | PTIN |
| Phone | 6104335501 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2016-03-07 17:11:31Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exempt PF | X | ExemptPF |
| FMV Assets EOY | 8329542 | FMVAssetsEOY |
| Method Of Accounting Cash | X | MethodOfAccountingCash |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Received Rev And Expnss | 1014747 | ContriReceivedRevAndExpnss |
| Interest On Savings Rev And Expnss | 7373 | InterestOnSavingsRevAndExpnss |
| Interest On Savings Net Invst Incm | 7373 | InterestOnSavingsNetInvstIncm |
| Dividends Rev And Expnss | 195514 | DividendsRevAndExpnss |
| Dividends Net Invst Incm | 169461 | DividendsNetInvstIncm |
| Net Gain Sale Assets Rev And Expnss | -81453 | NetGainSaleAssetsRevAndExpnss |
| Gross Sales Price | 2453216 | GrossSalesPrice |
| Capital Gain Net Incm Net Invst Incm | 677296 | CapitalGainNetIncmNetInvstIncm |
| Total Revenue And Expenses | 1136181 | TotalRevenueAndExpenses |
| Total Net Investment Income | 854130 | TotalNetInvestmentIncome |
| Comp Ofcr Dir Trst Rev And Expnss | 0 | CompOfcrDirTrstRevAndExpnss |
| Comp Ofcr Dir Trst Net Invst Incm | 0 | CompOfcrDirTrstNetInvstIncm |
| Comp Ofcr Dir Trst Dsbrs Chrtbl Prps | 0 | CompOfcrDirTrstDsbrsChrtblPrps |
| Accounting Fees Rev And Expnss | 5850 | AccountingFeesRevAndExpnss |
| Accounting Fees Net Invst Incm | 2925 | AccountingFeesNetInvstIncm |
| Accounting Fees Dsbrs Chrtbl Prps | 0 | AccountingFeesDsbrsChrtblPrps |
| Taxes Rev And Expnss | 37433 | TaxesRevAndExpnss |
| Taxes Net Invst Incm | 973 | TaxesNetInvstIncm |
| Taxes Dsbrs Chrtbl Prps | 0 | TaxesDsbrsChrtblPrps |
| Other Expenses Rev And Expnss | 15501 | OtherExpensesRevAndExpnss |
| Other Expenses Net Invst Incm | 15501 | OtherExpensesNetInvstIncm |
| Other Expenses Dsbrs Chrtbl Prps | 0 | OtherExpensesDsbrsChrtblPrps |
| Tot Opr Expenses Rev And Expnss | 58784 | TotOprExpensesRevAndExpnss |
| Tot Opr Expenses Net Invst Incm | 19399 | TotOprExpensesNetInvstIncm |
| Tot Opr Expenses Dsbrs Chrtbl Prps | 0 | TotOprExpensesDsbrsChrtblPrps |
| Contri Gifts Paid Rev And Expnss | 1784650 | ContriGiftsPaidRevAndExpnss |
| Contri Gifts Paid Dsbrs Chrtbl Prps | 1784650 | ContriGiftsPaidDsbrsChrtblPrps |
| Total Expenses Rev And Expnss | 1843434 | TotalExpensesRevAndExpnss |
| Total Expenses Net Invst Incm | 19399 | TotalExpensesNetInvstIncm |
| Total Expenses Dsbrs Chrtbl Prps | 1784650 | TotalExpensesDsbrsChrtblPrps |
| Excess Of Revenue Over Expenses | -707253 | ExcessOfRevenueOverExpenses |
| Net Investment Income | 834731 | NetInvestmentIncome |
Balance Sheets BalanceSheets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Savings And Temp Cash Invst BOY | 1632277 | SavingsAndTempCashInvstBOY |
| Savings And Temp Cash Invst EOY | 925189 | SavingsAndTempCashInvstEOY |
| Savings And Temp Cash Invst EOYFMV | 925189 | SavingsAndTempCashInvstEOYFMV |
| Receivables From Officers BOY | 72709 | ReceivablesFromOfficersBOY |
| Receivables From Officers EOY | 500 | ReceivablesFromOfficersEOY |
| Receivables From Officers EOYFMV | 500 | ReceivablesFromOfficersEOYFMV |
| Investments Corp Stock BOY | 8012857 | InvestmentsCorpStockBOY |
| Investments Corp Stock EOY | 8083342 | InvestmentsCorpStockEOY |
| Investments Corp Stock EOYFMV | 7403853 | InvestmentsCorpStockEOYFMV |
| Total Assets BOY | 9717843 | TotalAssetsBOY |
| Total Assets EOY | 9009031 | TotalAssetsEOY |
| Total Assets EOYFMV | 8329542 | TotalAssetsEOYFMV |
| Total Liabilities BOY | 0 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 0 | TotalLiabilitiesEOY |
| Org That Do Not Follow SFAS117 | X | OrgThatDoNotFollowSFAS117 |
| Capital Stock BOY | 0 | CapitalStockBOY |
| Capital Stock EOY | 0 | CapitalStockEOY |
| Paid In Or Capital Surplus BOY | 0 | PaidInOrCapitalSurplusBOY |
| Paid In Or Capital Surplus EOY | 0 | PaidInOrCapitalSurplusEOY |
| Retained Earnings BOY | 9717843 | RetainedEarningsBOY |
| Retained Earnings EOY | 9009031 | RetainedEarningsEOY |
| Total Net Assets BOY | 9717843 | TotalNetAssetsBOY |
| Total Net Assets EOY | 9009031 | TotalNetAssetsEOY |
| Total Liabilities Net Assets BOY | 9717843 | TotalLiabilitiesNetAssetsBOY |
| Total Liabilities Net Assets EOY | 9009031 | TotalLiabilitiesNetAssetsEOY |
Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Net Assets Fund Balances BOY | 9717843 | TotalNetAssetsFundBalancesBOY |
| Excess Of Revenue Over Expenses | -707253 | ExcessOfRevenueOverExpenses |
| Other Increases | 0 | OtherIncreases |
| Subtotal | 9010590 | Subtotal |
| Other Decreases | 1559 | OtherDecreases |
| Total Net Assets Fund Balances EOY | 9009031 | TotalNetAssetsFundBalancesEOY |
Capital Gains And Losses CapitalGainsAndLosses
Capital Gains And Losses Info CapitalGainsAndLossesInfo (5 entries)
| Description Of AssetDescriptionOfAsset | How AcquiredHowAcquired | Gross Sales PriceGrossSalesPrice | Cost Or Other BasisCostOrOtherBasis | Gain Or LossGainOrLoss | Gains Minus Excess Or LossesGainsMinusExcessOrLosses |
|---|---|---|---|---|---|
| SALE OF PUBLICLY TRADED SECURITIES - ML 7H1-0438 | P | 652567 | 626546 | 26021 | 26021 |
| SALE OF PUBLICLY TRADED SECURITIES - ML 7H1-04008 | P | 506678 | 495665 | 11013 | 11013 |
| SALE OF PUBLICLY TRADED SECURITIES - ML 7H1-04008 | D | 1007053 | 492159 | 514894 | 514894 |
| SALE OF PUBLICLY TRADED SECURITIES - WF 3208-3337 | P | 21429 | 12556 | 8873 | 8873 |
| SALE OF PUBLICLY TRADED SECURITIES - JMS 1374-6379 | D | 265489 | 148994 | 116495 | 116495 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | 677296 | CapitalGainNetIncome |
Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable For4942 Tax | 0 | LiableFor4942Tax |
| Qualifying Distributions Year1 | 772447 | QualifyingDistributionsYear1 |
| Noncharitable Assets Year1 | 8994628 | NoncharitableAssetsYear1 |
| Distribution Ratio Year1 | 0.085879 | DistributionRatioYear1 |
| Qualifying Distributions Year2 | 802391 | QualifyingDistributionsYear2 |
| Noncharitable Assets Year2 | 6854995 | NoncharitableAssetsYear2 |
| Distribution Ratio Year2 | 0.117052 | DistributionRatioYear2 |
| Qualifying Distributions Year3 | 845543 | QualifyingDistributionsYear3 |
| Noncharitable Assets Year3 | 5937048 | NoncharitableAssetsYear3 |
| Distribution Ratio Year3 | 0.142418 | DistributionRatioYear3 |
| Qualifying Distributions Year4 | 731635 | QualifyingDistributionsYear4 |
| Noncharitable Assets Year4 | 9317123 | NoncharitableAssetsYear4 |
| Distribution Ratio Year4 | 0.078526 | DistributionRatioYear4 |
| Qualifying Distributions Year5 | 836961 | QualifyingDistributionsYear5 |
| Noncharitable Assets Year5 | 14324571 | NoncharitableAssetsYear5 |
| Distribution Ratio Year5 | 0.058428 | DistributionRatioYear5 |
| Total Distribution Ratio | 0.482303 | TotalDistributionRatio |
| Average Distribution Ratio | 0.096461 | AverageDistributionRatio |
| Net Noncharitable Assets | 8463662 | NetNoncharitableAssets |
| Adjusted Noncharitable Assets | 816413 | AdjustedNoncharitableAssets |
| One Percent Net Investment Income | 8347 | OnePercentNetInvestmentIncome |
| Adj Nonchrtbl Assets And One | 824760 | AdjNonchrtblAssetsAndOnePct |
| Qualifying Distributions | 1784650 | QualifyingDistributions |
Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm
| Field | Value | IRS element (for citing) |
|---|---|---|
| Domestic Org Meeting Sect4940e | X | DomesticOrgMeetingSect4940e |
| Investment Income Excise Tax | 8347 | InvestmentIncomeExciseTax |
| Tax Under Section511 | 0 | TaxUnderSection511 |
| Subtotal | 8347 | Subtotal |
| Subtitle A Tax | 0 | SubtitleATax |
| Tax Based On Investment Income | 8347 | TaxBasedOnInvestmentIncome |
| Est Tax Payments And Overpayment | 12000 | EstTaxPaymentsAndOverpayment |
| Tax Paid With Extension | 8000 | TaxPaidWithExtension |
| Total Credits And Payments | 20000 | TotalCreditsAndPayments |
| Penalty For Underpayment | 64 | PenaltyForUnderpayment |
| Overpayment | 11589 | Overpayment |
| Amount Credited To Next Year | 11589 | 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 | PA | 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 | NORENE L SALVAGGIO | BooksInCareOfPersonName |
| Books In Care Of Phone Number | 6105305000 | BooksInCareOfPhoneNumber |
Books In Care Of US Address BooksInCareOfUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1390 RIDGEVIEW DRIVE SUITE 300 | AddressLine1 |
| City | ALLENTOWN | City |
| State | PA | State |
| ZIP Code | 18104 | 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 | 0 | PayCompensationToDsqflyPerson |
| Transfer Assets To Dsqfly Person | 0 | TransferAssetsToDsqflyPerson |
| Payment To Government Offical | 0 | PaymentToGovernmentOffical |
| 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 (4 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 |
|---|---|---|---|---|---|---|---|---|
| NORENE L SALVAGGIO | ||||||||
| 1432 CEDARWOOD ROAD | ALLENTOWN | PA | 18104 | TRUSTEE | 1.00 | 0 | 0 | 0 |
| THOMAS A SALVAGGIO | ||||||||
| 6124 HAASADAHL ROAD | OREFIELD | PA | 18069 | TRUSTEE | 1.00 | 0 | 0 | 0 |
| CHRISTY A GHIGIARELLI | ||||||||
| 26 FITZGERALD DRIVE | MOOSIC | PA | 18507 | TRUSTEE | 1.00 | 0 | 0 | 0 |
| SUZIE A SPINOSA | ||||||||
| 3018 BARRINGTON LANE | ALLENTOWN | PA | 18103 | TRUSTEE | 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 |
Sum Of Program Related Investments SumOfProgramRelatedInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Minimum Investment Return MinimumInvestmentReturn
| Field | Value | IRS element (for citing) |
|---|---|---|
| Avg Monthly FMV Of Securities | 7386049 | AvgMonthlyFMVOfSecurities |
| Avg Monthly Cash Balances | 1206501 | AvgMonthlyCashBalances |
| FMV All Other Noncharitable Assets | 0 | FMVAllOtherNoncharitableAssets |
| Total FMV Of Unused Assets | 8592550 | TotalFMVOfUnusedAssets |
| Reduction Claimed | 0 | ReductionClaimed |
| Acquisition Indebtedness | 0 | AcquisitionIndebtedness |
| Adj Total FMV Of Unused Assets | 8592550 | AdjTotalFMVOfUnusedAssets |
| Cash Deemed Charitable | 128888 | CashDeemedCharitable |
| Net Noncharitable Assets | 8463662 | NetNoncharitableAssets |
| Minimum Investment Return | 423183 | MinimumInvestmentReturn |
Distributable DistributableAmount
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | 423183 | MinimumInvestmentReturn |
| Tax Based On Investment Income | 8347 | TaxBasedOnInvestmentIncome |
| Total Tax | 8347 | TotalTax |
| Distributable Amount Before Adj | 414836 | DistributableAmountBeforeAdj |
| Recoveries Qlfy Distributions | 0 | RecoveriesQlfyDistributions |
| Distributable Amount Before Ded | 414836 | DistributableAmountBeforeDed |
| Deduction Fr Distributable | $0 | DeductionFrDistributableAmount |
| Distributable Amount As Adjusted | 414836 | DistributableAmountAsAdjusted |
Qualifying Distributions QualifyingDistributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | 1784650 | ExpensesAndContributions |
| Program Related Investments Total | 0 | ProgramRelatedInvestmentsTotal |
| Qualifying Distributions | 1784650 | QualifyingDistributions |
| One Pct Sect4940e Org Net Invst Incm | 8347 | OnePctSect4940eOrgNetInvstIncm |
| Adj Qualifying Distributions | 1776303 | AdjQualifyingDistributions |
Undistributed Income UndistributedIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable Amount As Adjusted | 414836 | DistributableAmountAsAdjusted |
| Undistributed Income Prior Year | 0 | UndistributedIncomePriorYear |
| Total For Prior Years | 0 | TotalForPriorYears |
| Excess Distri Carryover Year5 | 143204 | ExcessDistriCarryoverYear5 |
| Excess Distri Carryover Year4 | 270407 | ExcessDistriCarryoverYear4 |
| Excess Distri Carryover Year3 | 551783 | ExcessDistriCarryoverYear3 |
| Excess Distri Carryover Year2 | 463337 | ExcessDistriCarryoverYear2 |
| Excess Distri Carryover Year1 | 347131 | ExcessDistriCarryoverYear1 |
| Total Excess Distri Carryover | 1775862 | TotalExcessDistriCarryover |
| Qualifying Distributions | 1784650 | QualifyingDistributions |
| Applied To Year1 | 0 | AppliedToYear1 |
| Applied To Prior Years | 0 | AppliedToPriorYears |
| Treated As Distri From Corpus | 0 | TreatedAsDistriFromCorpus |
| Applied To Current Year | 414836 | AppliedToCurrentYear |
| Remaining Distri From Corpus | 1369814 | RemainingDistriFromCorpus |
| Excess Distri Cyov App CY Corpus | 0 | ExcessDistriCyovAppCYCorpus |
| Excess Distri Cyov Applied CY | 0 | ExcessDistriCyovAppliedCY |
| Total Corpus | 3145676 | 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 | 0 | UndistributedIncomeCY |
| Distri From Corpus170b1 E Or4942g3 | 0 | DistriFromCorpus170b1EOr4942g3 |
| Excess Distri Cyov From Year5 | 143204 | ExcessDistriCyovFromYear5 |
| Excess Distri Cyov To Next Year | 3002472 | ExcessDistriCyovToNextYear |
| Excess From Year4 | 270407 | ExcessFromYear4 |
| Excess From Year3 | 551783 | ExcessFromYear3 |
| Excess From Year2 | 463337 | ExcessFromYear2 |
| Excess From Year1 | 347131 | ExcessFromYear1 |
| Excess From Current Year | 1369814 | ExcessFromCurrentYear |
Supplementary Information SupplementaryInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | NORENE L SALVAGGIO | ContributingManager |
| Only Contributes To Preselected | X | OnlyContributesToPreselected |
Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (56 entries)
| Address Line1RecipientUSAddress/AddressLine1 | CityRecipientUSAddress/City | StateRecipientUSAddress/State | ZIP CodeRecipientUSAddress/ZIPCode | Recipient RelationshipRecipientRelationship | Recipient Foundation StatusRecipientFoundationStatus | Purpose Of Grant Or ContributionPurposeOfGrantOrContribution | AmountAmount | Address Line2RecipientUSAddress/AddressLine2 |
|---|---|---|---|---|---|---|---|---|
| ALLENTOWN ART MUSEUM | ||||||||
| 31 N FIFTH STREET | ALLENTOWN | PA | 18101 | N/A | PUBLIC | CHARITABLE | $1,500 | |
| ALLENTOWN RESCUE MISSION | ||||||||
| 355 HAMILTON STREET PO BOX 748 | ALLENTOWN | PA | 18105 | N/A | PUBLIC | CHARITABLE | $10,000 | |
| ALZHEIMERS | ||||||||
| 617 MAIN STREET A | HELLERTOWN | PA | 18055 | N/A | PUBLIC | CHARITABLE | $100 | |
| AMERICAN CANCER SOCIETY | ||||||||
| 3893 ADLER PLACE SUITE 170 | BETHLEHEM | PA | 18017 | N/A | PUBLIC | CHARITABLE | $2,000 | |
| AMERICAN DIABETES ASSOCIATION | ||||||||
| 1701 NORTH BEAUREGARD STREET | ALEXANDRIA | VA | 22311 | N/A | PUBLIC | CHARITABLE | $400 | |
| AMERICAN HEART ASSOCIATION | ||||||||
| 7272 GREENVILLE AVE | DALLAS | TX | 75231 | N/A | PUBLIC | CHARITABLE | $5,000 | |
| BERNADINE FRANSCISCAN SISTERS | ||||||||
| 450 ST BERNARDINE STREET | READING | PA | 19607 | N/A | PUBLIC | CHARITABLE | $1,000 | |
| BETHESDA MISSION | ||||||||
| 2101 N FRONT STREET BUILDING 1 | HARRISBURG | PA | 17110 | N/A | PUBLIC | CHARITABLE | $100 | SUITE 301 |
| BOY SCOUTS MINSI TRAIL | ||||||||
| PO BOX 20624 | ALLENTOWN | PA | 18002 | N/A | PUBLIC | CHARITABLE | $6,000 | |
| BOYS & GIRLS CLUB | ||||||||
| 720 N SIXTH STREET | ALLENTOWN | PA | 18102 | N/A | PUBLIC | CHARITABLE | $16,100 | |
| BOYS TOWN | ||||||||
| 14100 CRAWFORD STREET | BOYS TOWN | NE | 68010 | N/A | PUBLIC | CHARITABLE | $100 | |
| CAI EDUCATION ADVANCEMENT TRUST | ||||||||
| 1390 RIDGEVIEW DRIVE | ALLENTOWN | PA | 18104 | N/A | PRIVATE OPERATING FO | CHARITABLE | $57,500 | |
| CASA JACINTA & FRANCISCO INC | ||||||||
| 5021 MAXWELL CIRCLE 210 | NAPLES | FL | 34105 | N/A | PUBLIC | CHARITABLE | $1,000 | |
| CETRONIA AMBULANCE | ||||||||
| 7355 WILLIAM AVENUE | ALLENTOWN | PA | 18106 | N/A | PUBLIC | CHARITABLE | $145 | |
| COVENANT HOUSE | ||||||||
| 31 E ARMAT STREET | PHILADELPHIA | PA | 19144 | N/A | PUBLIC | CHARITABLE | $1,000 | |
| CSC | ||||||||
| 1520 HANOVER AVE | ALLENTOWN | PA | 18109 | N/A | PUBLIC | CHARITABLE | $5,200 | |
| CYSTIC FIBROSIS FOUNDATION | ||||||||
| 1541 ALTA DRIVE | WHITEHALL | PA | 18052 | N/A | PUBLIC | CHARITABLE | $5,000 | |
| CYSTIC FIBROSIS FOUNDATION | ||||||||
| 6931 ARLINGTON ROAD 2ND FLOOR | BETHESDA | MD | 20814 | N/A | PUBLIC | CHARITABLE | $1,000 | |
| DESALES UNIVERSITY | ||||||||
| 2755 STATION AVE | CENTER VALLEY | PA | 18034 | N/A | PUBLIC | CHARITABLE | $25,500 | |
| DIOCESE OF ALLENTOWN | ||||||||
| 202 NORTH 17TH STREET | ALLENTOWN | PA | 18104 | N/A | PUBLIC | CHARITABLE | $61,000 | |
| EAST SIDE YOUTH CENTER | ||||||||
| 1140 EAST CLAIR STREET | ALLENTOWN | PA | 18109 | N/A | PUBLIC | CHARITABLE | $100 | |
| EASTER SEALS | ||||||||
| 233 SOUTH WACKER DRIVE SUITE 2400 | CHICAGO | IL | 60606 | N/A | PUBLIC | CHARITABLE | $27,521 | |
| EMBRACE YOUR DREAMS | ||||||||
| 424 CENTER STREET | BETHLEHEM | PA | 18018 | N/A | PUBLIC | CHARITABLE | $8,000 | |
| GOOD SHEPHERD | ||||||||
| 1651 N CEDAR CREST BLVD | ALLENTOWN | PA | 18104 | N/A | PUBLIC | CHARITABLE | $2,500 | |
| HOLY INFANCY SCHOOL | ||||||||
| 127 EAST 4TH STREET | BETHLEHEM | PA | 18015 | N/A | PUBLIC | CHARITABLE | $8,680 | |
| JUSTIN SHEFTEL MEMORIAL | ||||||||
| 3632 OAKWOOD TRAIL | ALLENTOWN | PA | 18103 | N/A | PUBLIC | CHARITABLE | $500 | |
| LEHIGH VALLEY HOSPITAL | ||||||||
| 1200 S CEDAR CREST BLVD | ALLENTOWN | PA | 18103 | N/A | PUBLIC | CHARITABLE | $2,500 | |
| LIFEPATH FOUNDATION | ||||||||
| 3500 HIGH POINT BOULEVARD | BETHLEHEM | PA | 18017 | N/A | PUBLIC | CHARITABLE | $5,900 | |
| MEMORIAL SLOAN-KETTERING CANCER CENTER | ||||||||
| 1275 YORK AVENUE | NEW YORK | NY | 10065 | N/A | PUBLIC | CHARITABLE | $100 | |
| MERCY SPECIAL LEARNING CENTER | ||||||||
| 830 S WOODWARD ST | ALLENTOWN | PA | 18103 | N/A | PUBLIC | CHARITABLE | $2,500 | |
| METROPOLITAN MUSEUM OF ART | ||||||||
| 1000 FIFTH AVENUE | NEW YORK | NY | 10028 | N/A | PUBLIC | CHARITABLE | $2,050 | |
| OUR LADY HELP OF CHRISTIANS | ||||||||
| 922 HANOVER AVE | ALLENTOWN | PA | 18109 | N/A | PUBLIC | CHARITABLE | $8,704 | |
| PARKLAND SCHOOL DISTRICT | ||||||||
| 1210 SPRINGHOUSE ROAD | ALLENTOWN | PA | 18104 | N/A | PUBLIC | CHARITABL | $10,000 | |
| PATHWAYS TO EXCELLENCE | ||||||||
| 8515 GEORGIA AVENUE SUITE 400 | SILVER SPRING | MD | 20910 | N/A | PUBLIC | CHARITABLE | $1,000 | |
| PENN STATE UNIVERSITY | ||||||||
| 308 OLD MAIN | UNIVERSITY PARK | PA | 16802 | N/A | PUBLIC | CHARITABLE | $25,500 | |
| PROSTATE CANCER FOUNDATION | ||||||||
| 1250 FOURTH STREET | SANTA MONICA | CA | 90401 | N/A | PUBLIC | CHARITABLE | $250 | |
| PUSH THE ROCK | ||||||||
| 647 WALNUT STREET | EMMAUS | PA | 18049 | N/A | PUBLIC | CHARITABLE | $6,000 | |
| SACRED HEART CHURCH | ||||||||
| 1817 1ST STREET | BETHLEHEM | PA | 18020 | N/A | PUBLIC | CHARITABLE | $100 | |
| SACRED HEART SCHOOL | ||||||||
| 325 N 4TH STREET | ALLENTOWN | PA | 18102 | N/A | PUBLIC | CHARITABLE | $7,500 | |
| SALVATION ARMY | ||||||||
| 2445 PRIOR AVE N | ROSEVILLE | MN | 55113 | N/A | PUBLIC | CHARITABLE | $8,800 | |
| ST BALDRICKS | ||||||||
| 1333 SOUTH MAYFLOWER AVE SUITE 400 | MONROVIA | CA | 91016 | N/A | PUBLIC | CHARITABLE | $200 | |
| ST JOSEPH THE WORKER CHURCH | ||||||||
| 1879 APPLEWOOD DRIVE | OREFIELD | PA | 18069 | N/A | PUBLIC | CHARITABLE | $100 | |
| ST JUDE'S CHILDREN RES | ||||||||
| 262 DANNY THOMAS PI | MEMPHIS | TN | 38105 | N/A | PUBLIC | CHARITABLE | $40 | |
| ST LUKE'S | ||||||||
| 1227 LIBERTY STREET SUITE 303 | ALLENTOWN | PA | 18102 | N/A | PUBLIC | CHARITABLE | $5,000 | |
| ST THOMAS MORE | ||||||||
| 1040 FLEXER AVE | ALLENTOWN | PA | 18103 | N/A | PUBLIC | CHARITABLE | $1,422,100 | |
| ST WILLIAMS PARISH | ||||||||
| 6200 RISING SUN AVE | PHILADELPHIA | PA | 19111 | N/A | PUBLIC | CHARITABLE | $800 | |
| STARLIGHT CHILDRENS FOUNDATION | ||||||||
| 2049 CENTURY PARK EAST SUITE 4320 | LOS ANGELES | CA | 90067 | N/A | PUBLIC | CHARITABLE | $2,500 | |
| THE FRIEDMAN FOUNDATION | ||||||||
| ONE AMERICAN SQUARE SUITE 2420 | INDIANAPOLIS | IN | 46282 | N/A | PUBLIC | CHARITABLE | $150 | |
| THE GIFT OF HEARING FOUNDATION | ||||||||
| 95 OLD BOSTON NECK ROAD | NARRAGANSETT | RI | 02882 | N/A | PUBLIC | CHARITABLE | $2,500 | |
| THE HERITAGE FOUNDATION | ||||||||
| 214 MASSACHUSETTS AVE NE | WASHINGTON | DC | 200024999 | N/A | PUBLIC | CHARITABLE | $1,000 | |
| THE HILLSDALE SCHOOL FOUNDATION | ||||||||
| 3115 DEL MONTE ST | SAN MATEO | CA | 94403 | N/A | PUBLIC | CHARITABLE | $300 | |
| THE JIMMY FUND | ||||||||
| 10 BROOKLINE PLACE WEST 6TH FLOOR | BROOKLINE | MA | 02445 | N/A | PUBLIC | CHARITABLE | $2,500 | |
| UNITED WAY | ||||||||
| 2200 AVENUE A THIRD FLOOR | BETHLEHEM | PA | 18017 | N/A | PUBLIC | CHARITABLE | $10,000 | |
| VALLEY YOUTH HOUSE | ||||||||
| 829 LINDEN STREET | ALLENTOWN | PA | 18101 | N/A | PUBLIC | CHARITABLE | $4,500 | |
| WOODLAWN FIRE DEPT | ||||||||
| 1651 WHITEHALL AVENUE | ALLENTOWN | PA | 18104 | N/A | PUBLIC | CHARITABLE | $110 | |
| YMCA | ||||||||
| 430 E BROAD STREET | BETHLEHEM | PA | 18018 | N/A | PUBLIC | CHARITABLE | $5,000 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Grant Or Contri Paid During Year | 1784650 | 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 | $7,373 | ExclusionAmount |
Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 14 | ExclusionCode |
| Exclusion | $195,514 | ExclusionAmount |
Gain Sales Assets Oth Than Invntry GainSalesAssetsOthThanInvntry
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 18 | ExclusionCode |
| Exclusion | -$81,453 | ExclusionAmount |
Subtotals Part XVIA SubtotalsPartXVIA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Income | $0 | UnrelatedBusinessIncomeAmount |
| Exclusion | $121,434 | ExclusionAmount |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Part XVIA | 121434 | 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 |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | X | Organization501c3ExemptPF |
| General Rule | X | GeneralRule |
Contributor Info ContributorInfo (2 entries)
| Contributor NumberContributorNumber | Contributor Name IndividualContributorNameIndividual | Address Line1ContributorAddressUS/AddressLine1 | CityContributorAddressUS/City | StateContributorAddressUS/State | ZIP CodeContributorAddressUS/ZIPCode | Aggregate ContributionsAggregateContributions | Noncash Contribution TypeNoncashContributionType |
|---|---|---|---|---|---|---|---|
| 1 | ANTHONY SALVAGGIO | 1432 CEDARWOOD ROAD | ALLENTOWN | PA | 18104 | 571460 | X |
| 2 | ANTHONY SALVAGGIO | 1432 CEDARWOOD ROAD | ALLENTOWN | PA | 18104 | 429352 | X |
Noncash Property NoncashProperty (2 entries)
| Contributor Number From Part IContributorNumberFromPartI | Noncash Property DescriptionNoncashPropertyDescription | Fair Market ValueFairMarketValue | Date ReceivedDateReceived |
|---|---|---|---|
| 1 | 1,000 SHARES OF APPLE INC | 571460 | 2012-06-06 |
| 2 | 61,600 SHARES OF OPPENHEIMER AMT FREE MUNICIPAL FUND CL Y | 429352 | 2012-05-30 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees AccountingFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | Category |
| Amount | $5,850 | Amount |
| Net Investment Income | 2925 | NetInvestmentIncome |
| Disbursements Charitable Prps | 0 | DisbursementsCharitablePrps |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corp Stock InvestmentsCorpStock
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Stock | PUBLICLY TRADED INVESTMENTS | NameOfStock |
| EOY Book Value | 8083342 | EOYBookValue |
| EOYFMV | 7403853 | EOYFMV |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases OtherDecreases
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | SECURITIES COST BASIS ADJUSTMENTS | Description |
| Amount | $1,559 | Amount |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses OtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | INVESTMENT FEES | Description |
| Revenue And Expenses Per Books | 15501 | RevenueAndExpensesPerBooks |
| Net Investment Income | 15501 | NetInvestmentIncome |
| Disbursements Charitable Prps | 0 | DisbursementsCharitablePrps |
Taxes Schedule TaxesSchedule
Taxes Taxes (2 entries)
| CategoryCategory | AmountAmount | Net Investment IncomeNetInvestmentIncome | Disbursements Charitable PrpsDisbursementsCharitablePrps |
|---|---|---|---|
| FEDERAL INCOME TAX | $36,460 | 0 | 0 |
| FOREIGN INCOME TAXES | $973 | 973 | 0 |