GRACE K AND WESLEY S ALPERT CHARITABLE FOUNDATION: Form 990PF, tax year 2012

View the entire original 990 at ProPublica ↗

Organization
GRACE K AND WESLEY S ALPERT CHARITABLE FOUNDATION (EIN 45-6592383)
Tax period
2012-01-01 to 2012-12-31
Filed
2013-03-19
IRS object ID
201340789349100209
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)
Timestamp2013-03-19T13:01:32-05:00Timestamp
Tax Period End Date2012-12-31TaxPeriodEndDate

Preparer Firm PreparerFirm

FieldValueIRS element (for citing)
EIN770601437EIN

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTIVO MONACELLI LLPBusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line136 EXCHANGE TERRACEAddressLine1
CityPROVIDENCECity
StateRIState
ZIP Code02903ZIPCode
FieldValueIRS element (for citing)
Return Type990PFReturnType
Tax Period Begin Date2012-01-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN456592383EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1THE GRACE K ALPERT CHARITABLE FOUNDATIONBusinessNameLine1
FieldValueIRS element (for citing)
Name ControlGRACNameControl
Phone4014559800Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line11000 CHAPEL VIEW BLVD NO 220AddressLine1
CityCRANSTONCity
StateRIState
ZIP Code02920ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameTRUSTEEName
TitleTRUSTEETitle
Phone4014559800Phone
Date Signed2013-03-12DateSigned
Authorize Third Party1AuthorizeThirdParty

Preparer Preparer

FieldValueIRS element (for citing)
NameHELDER M MEDEIROS CPAPFSMSTName
PTINP00033534PTIN
Phone4012737600Phone
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 EOY690033FMVAssetsEOY
Method Of Accounting CashXMethodOfAccountingCash

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Received Rev And Expnss250000ContriReceivedRevAndExpnss
Interest On Savings Rev And Expnss4267InterestOnSavingsRevAndExpnss
Interest On Savings Net Invst Incm4267InterestOnSavingsNetInvstIncm
Capital Gain Net Incm Net Invst Incm0CapitalGainNetIncmNetInvstIncm
Total Revenue And Expenses254267TotalRevenueAndExpenses
Total Net Investment Income4267TotalNetInvestmentIncome
Total Adjusted Net Income0TotalAdjustedNetIncome
Comp Ofcr Dir Trst Rev And Expnss5000CompOfcrDirTrstRevAndExpnss
Comp Ofcr Dir Trst Net Invst Incm2500CompOfcrDirTrstNetInvstIncm
Comp Ofcr Dir Trst Adj Net Incm0CompOfcrDirTrstAdjNetIncm
Comp Ofcr Dir Trst Dsbrs Chrtbl Prps2500CompOfcrDirTrstDsbrsChrtblPrps
Legal Fees Rev And Expnss850LegalFeesRevAndExpnss
Legal Fees Net Invst Incm425LegalFeesNetInvstIncm
Legal Fees Adj Net Incm0LegalFeesAdjNetIncm
Legal Fees Dsbrs Chrtbl Prps425LegalFeesDsbrsChrtblPrps
Accounting Fees Rev And Expnss1500AccountingFeesRevAndExpnss
Accounting Fees Net Invst Incm750AccountingFeesNetInvstIncm
Accounting Fees Adj Net Incm0AccountingFeesAdjNetIncm
Accounting Fees Dsbrs Chrtbl Prps750AccountingFeesDsbrsChrtblPrps
Tot Opr Expenses Rev And Expnss7350TotOprExpensesRevAndExpnss
Tot Opr Expenses Net Invst Incm3675TotOprExpensesNetInvstIncm
Tot Opr Expenses Adj Net Incm0TotOprExpensesAdjNetIncm
Tot Opr Expenses Dsbrs Chrtbl Prps3675TotOprExpensesDsbrsChrtblPrps
Contri Gifts Paid Rev And Expnss47000ContriGiftsPaidRevAndExpnss
Contri Gifts Paid Dsbrs Chrtbl Prps47000ContriGiftsPaidDsbrsChrtblPrps
Total Expenses Rev And Expnss54350TotalExpensesRevAndExpnss
Total Expenses Net Invst Incm3675TotalExpensesNetInvstIncm
Total Expenses Adj Net Incm0TotalExpensesAdjNetIncm
Total Expenses Dsbrs Chrtbl Prps50675TotalExpensesDsbrsChrtblPrps
Excess Of Revenue Over Expenses199917ExcessOfRevenueOverExpenses
Net Investment Income592NetInvestmentIncome
Adjusted Net Income0AdjustedNetIncome

Balance Sheets BalanceSheets

FieldValueIRS element (for citing)
Savings And Temp Cash Invst BOY490116SavingsAndTempCashInvstBOY
Savings And Temp Cash Invst EOY690033SavingsAndTempCashInvstEOY
Savings And Temp Cash Invst EOYFMV690033SavingsAndTempCashInvstEOYFMV
Total Assets BOY490116TotalAssetsBOY
Total Assets EOY690033TotalAssetsEOY
Total Assets EOYFMV690033TotalAssetsEOYFMV
Total Liabilities BOY0TotalLiabilitiesBOY
Total Liabilities EOY0TotalLiabilitiesEOY
Org That Follow SFAS117XOrgThatFollowSFAS117
Unrestricted BOY490116UnrestrictedBOY
Unrestricted EOY690033UnrestrictedEOY
Total Net Assets BOY490116TotalNetAssetsBOY
Total Net Assets EOY690033TotalNetAssetsEOY
Total Liabilities Net Assets BOY490116TotalLiabilitiesNetAssetsBOY
Total Liabilities Net Assets EOY690033TotalLiabilitiesNetAssetsEOY

Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances

FieldValueIRS element (for citing)
Total Net Assets Fund Balances BOY490116TotalNetAssetsFundBalancesBOY
Excess Of Revenue Over Expenses199917ExcessOfRevenueOverExpenses
Other Increases0OtherIncreases
Subtotal690033Subtotal
Other Decreases0OtherDecreases
Total Net Assets Fund Balances EOY690033TotalNetAssetsFundBalancesEOY

Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax

FieldValueIRS element (for citing)
Liable For4942 Tax0LiableFor4942Tax
Qualifying Distributions Year10QualifyingDistributionsYear1
Noncharitable Assets Year1241382NoncharitableAssetsYear1
Distribution Ratio Year10.000000DistributionRatioYear1
Total Distribution Ratio0.000000TotalDistributionRatio
Average Distribution Ratio0.000000AverageDistributionRatio
Net Noncharitable Assets487993NetNoncharitableAssets
Adjusted Noncharitable Assets0AdjustedNoncharitableAssets
One Percent Net Investment Income6OnePercentNetInvestmentIncome
Adj Nonchrtbl Assets And One6AdjNonchrtblAssetsAndOnePct
Qualifying Distributions50675QualifyingDistributions

Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm

FieldValueIRS element (for citing)
Domestic Org Meeting Sect4940eXDomesticOrgMeetingSect4940e
Investment Income Excise Tax6InvestmentIncomeExciseTax
Tax Under Section5110TaxUnderSection511
Subtotal6Subtotal
Subtitle A Tax0SubtitleATax
Tax Based On Investment Income6TaxBasedOnInvestmentIncome
Total Credits And Payments0TotalCreditsAndPayments
Tax Due6TaxDue

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 WithRIStatesFiledWith
Form990 PF Filed With AG1Form990PFFiledWithAG
Private Operating Foundation0PrivateOperatingFoundation
New Substantial Contributors1NewSubstantialContributors
Interest In Controlled Entity0InterestInControlledEntity
Applicable Insurance Contract0ApplicableInsuranceContract
Comply With Public Inspection Rqr1ComplyWithPublicInspectionRqr
Website AddressN/AWebsiteAddress

Books In Care Of Business Name BooksInCareOfBusinessName

FieldValueIRS element (for citing)
Business Name Line1THE FOUNDATIONBusinessNameLine1
FieldValueIRS element (for citing)
Books In Care Of Phone Number4014559800BooksInCareOfPhoneNumber

Books In Care Of US Address BooksInCareOfUSAddress

FieldValueIRS element (for citing)
Address Line11000 CHAPEL VIEW BLVD SUITE 220AddressLine1
CityCRANSTONCity
StateRIState
ZIP Code02920ZIPCode
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 (3 entries)

Address Line1USAddress/AddressLine1CityUSAddress/CityStateUSAddress/StateZIP CodeUSAddress/ZIPCodeTitleTitleAvg Hours Per Wk Devoted To PositionAvgHoursPerWkDevotedToPositionCompensationCompensationContri To Empl Benefit Plans EtcContriToEmplBenefitPlansEtcExpense Account Other AllowancesExpenseAccountOtherAllowances
BENJAMIN G PASTER
1000 CHAPEL VIEW BLVD STE 220CRANSTONRI02920TRUSTEE5.00500000
WESLEY ALPERT
53 WINGATE ROADPROVIDENCERI02906DISTRIBUTION COMMITTEE1.00000
GRACE ALPERT
53 WINGATE ROADPROVIDENCERI02906DISTRIBUTION COMMITTEE1.00000
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 Balances495424AvgMonthlyCashBalances
FMV All Other Noncharitable Assets0FMVAllOtherNoncharitableAssets
Total FMV Of Unused Assets495424TotalFMVOfUnusedAssets
Reduction Claimed0ReductionClaimed
Acquisition Indebtedness0AcquisitionIndebtedness
Adj Total FMV Of Unused Assets495424AdjTotalFMVOfUnusedAssets
Cash Deemed Charitable7431CashDeemedCharitable
Net Noncharitable Assets487993NetNoncharitableAssets
Minimum Investment Return24400MinimumInvestmentReturn

Distributable DistributableAmount

FieldValueIRS element (for citing)
Minimum Investment Return24400MinimumInvestmentReturn
Tax Based On Investment Income6TaxBasedOnInvestmentIncome
Total Tax6TotalTax
Distributable Amount Before Adj24394DistributableAmountBeforeAdj
Recoveries Qlfy Distributions0RecoveriesQlfyDistributions
Distributable Amount Before Ded24394DistributableAmountBeforeDed
Deduction Fr Distributable$0DeductionFrDistributableAmount
Distributable Amount As Adjusted24394DistributableAmountAsAdjusted

Qualifying Distributions QualifyingDistributions

FieldValueIRS element (for citing)
Expenses And Contributions50675ExpensesAndContributions
Program Related Investments Total0ProgramRelatedInvestmentsTotal
Qualifying Distributions50675QualifyingDistributions
One Pct Sect4940e Org Net Invst Incm6OnePctSect4940eOrgNetInvstIncm
Adj Qualifying Distributions50669AdjQualifyingDistributions

Undistributed Income UndistributedIncome

FieldValueIRS element (for citing)
Distributable Amount As Adjusted24394DistributableAmountAsAdjusted
Undistributed Income Prior Year1752UndistributedIncomePriorYear
Total For Prior Years0TotalForPriorYears
Total Excess Distri Carryover0TotalExcessDistriCarryover
Qualifying Distributions50675QualifyingDistributions
Applied To Year11752AppliedToYear1
Applied To Prior Years0AppliedToPriorYears
Treated As Distri From Corpus0TreatedAsDistriFromCorpus
Applied To Current Year24394AppliedToCurrentYear
Remaining Distri From Corpus24529RemainingDistriFromCorpus
Excess Distri Cyov App CY Corpus0ExcessDistriCyovAppCYCorpus
Excess Distri Cyov Applied CY0ExcessDistriCyovAppliedCY
Total Corpus24529TotalCorpus
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 Year50ExcessDistriCyovFromYear5
Excess Distri Cyov To Next Year24529ExcessDistriCyovToNextYear
Excess From Current Year24529ExcessFromCurrentYear

Supplementary Information SupplementaryInformation

FieldValueIRS element (for citing)
Only Contributes To PreselectedXOnlyContributesToPreselected

Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (3 entries)

Address Line1RecipientUSAddress/AddressLine1CityRecipientUSAddress/CityStateRecipientUSAddress/StateZIP CodeRecipientUSAddress/ZIPCodeRecipient RelationshipRecipientRelationshipPurpose Of Grant Or ContributionPurposeOfGrantOrContributionAmountAmount
JEWISH ALLIANCE OF GREATER RI
130 SESSIONS STREETPROVIDENCERI02906NONECHARITABLE DONATION$10,000
AMERICAN RED CROSS
105 GANO STREETPROVIDENCERI02906NONECHARITABLE DONATION$12,000
THE MIRIAM HOSPITAL FOUNDATION
167 POINT STREETPROVIDENCERI029034771NONECHARITABLE DONATION$25,000
FieldValueIRS element (for citing)
Tot Grant Or Contri Paid During Year47000TotGrantOrContriPaidDuringYear
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$4,267ExclusionAmount

Subtotals Part XVIA SubtotalsPartXVIA

FieldValueIRS element (for citing)
Unrelated Business Income$0UnrelatedBusinessIncomeAmount
Exclusion$4,267ExclusionAmount
Related Or Exempt Function Income0RelatedOrExemptFunctionIncome
FieldValueIRS element (for citing)
Total Part XVIA4267TotalPartXVIA

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 IndividualGRACE ALPERTContributorNameIndividual

Contributor Address US ContributorAddressUS

FieldValueIRS element (for citing)
Address Line153 WINGATE ROADAddressLine1
CityPROVIDENCECity
StateRIState
ZIP Code02906ZIPCode
FieldValueIRS element (for citing)
Aggregate Contributions250000AggregateContributions
Person Contribution TypeXPersonContributionType

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees AccountingFees

FieldValueIRS element (for citing)
CategoryTAX PREP FEECategory
Amount$1,500Amount
Net Investment Income750NetInvestmentIncome
Adjusted Net Income0AdjustedNetIncome
Disbursements Charitable Prps750DisbursementsCharitablePrps

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFees

FieldValueIRS element (for citing)
Category1023 FILING FEECategory
Amount$850Amount
Net Investment Income425NetInvestmentIncome
Adjusted Net Income0AdjustedNetIncome
Disbursements Charitable Prps425DisbursementsCharitablePrps

Substantial Contributors Sch SubstantialContributorsSch

Substantial Contributor SubstantialContributor

FieldValueIRS element (for citing)
Person NameGRACE ALPERTPersonName

US Address USAddress

FieldValueIRS element (for citing)
Address Line153 WINGATE ROADAddressLine1
CityPROVIDENCECity
StateRIState
ZIP Code02906ZIPCode

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