SAUL SCHOTTENSTEIN CHARITABLE TRUST: Form 990PF, tax year 2012

View the entire original 990 at ProPublica ↗

Organization: SAUL SCHOTTENSTEIN CHARITABLE TRUST (EIN 34-7150977)
Tax period: 2012-01-01 to 2012-12-31
Filed: 2013-10-25
IRS object ID: 201342989349100409
Schema version: 2012v2.3
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
Compensation Explanation
Liquidation Explanation Stmt
Legal Fees Schedule
Other Professional Fees Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2013-10-25T14:39:22-05:00	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	NEILLEY & CO CPAS INC	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	2720 AIRPORT DR	AddressLine1
City	COLUMBUS	City
State	OH	State
ZIP Code	432192219	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	347150977	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	SAUL SCHOTTENSTEIN CHARITABLE TRUST	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	SAUL	NameControl
Phone	6144494253	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	4300 E FIFTH AVE	AddressLine1
City	COLUMBUS	City
State	OH	State
ZIP Code	432191816	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	JEFFREY HARRIS ET AL	Name
Title	TRUSTEE	Title
Phone	6144494253	Phone
Date Signed	2013-10-22	DateSigned
Authorize Third Party	false	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	GRANT A NEILLEY CPA	Name
Phone	6144181775	Phone
Date Prepared	2013-10-25	DatePrepared

Field	Value	IRS element (for citing)
Tax Year	2012	TaxYear
Build TS	2016-02-24 21:20:13Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Final Return	X	FinalReturn
Exempt PF	X	ExemptPF
FMV Assets EOY	0	FMVAssetsEOY
Method Of Accounting Cash	X	MethodOfAccountingCash

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Field	Value	IRS element (for citing)
Contri Received Rev And Expnss	442171	ContriReceivedRevAndExpnss
Interest On Savings Rev And Expnss	39	InterestOnSavingsRevAndExpnss
Interest On Savings Net Invst Incm	39	InterestOnSavingsNetInvstIncm
Total Revenue And Expenses	442210	TotalRevenueAndExpenses
Total Net Investment Income	39	TotalNetInvestmentIncome
Legal Fees Rev And Expnss	17293	LegalFeesRevAndExpnss
Legal Fees Net Invst Incm	17293	LegalFeesNetInvstIncm
Accounting Fees Rev And Expnss	1000	AccountingFeesRevAndExpnss
Accounting Fees Net Invst Incm	1000	AccountingFeesNetInvstIncm
Other Prof Fees Rev And Expnss	2166	OtherProfFeesRevAndExpnss
Other Prof Fees Net Invst Incm	2166	OtherProfFeesNetInvstIncm
Tot Opr Expenses Rev And Expnss	20459	TotOprExpensesRevAndExpnss
Tot Opr Expenses Net Invst Incm	20459	TotOprExpensesNetInvstIncm
Tot Opr Expenses Dsbrs Chrtbl Prps	0	TotOprExpensesDsbrsChrtblPrps
Contri Gifts Paid Rev And Expnss	480000	ContriGiftsPaidRevAndExpnss
Contri Gifts Paid Dsbrs Chrtbl Prps	480000	ContriGiftsPaidDsbrsChrtblPrps
Total Expenses Rev And Expnss	500459	TotalExpensesRevAndExpnss
Total Expenses Net Invst Incm	20459	TotalExpensesNetInvstIncm
Total Expenses Dsbrs Chrtbl Prps	480000	TotalExpensesDsbrsChrtblPrps
Excess Of Revenue Over Expenses	-58249	ExcessOfRevenueOverExpenses
Net Investment Income	0	NetInvestmentIncome

Balance Sheets BalanceSheets

Field	Value	IRS element (for citing)
Savings And Temp Cash Invst BOY	58249	SavingsAndTempCashInvstBOY
Total Assets BOY	58249	TotalAssetsBOY
Total Assets EOY	0	TotalAssetsEOY
Total Assets EOYFMV	0	TotalAssetsEOYFMV
Total Liabilities EOY	0	TotalLiabilitiesEOY
Org That Follow SFAS117	X	OrgThatFollowSFAS117
Unrestricted BOY	58249	UnrestrictedBOY
Total Net Assets BOY	58249	TotalNetAssetsBOY
Total Net Assets EOY	0	TotalNetAssetsEOY
Total Liabilities Net Assets BOY	58249	TotalLiabilitiesNetAssetsBOY
Total Liabilities Net Assets EOY	0	TotalLiabilitiesNetAssetsEOY

Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances

Field	Value	IRS element (for citing)
Total Net Assets Fund Balances BOY	58249	TotalNetAssetsFundBalancesBOY
Excess Of Revenue Over Expenses	-58249	ExcessOfRevenueOverExpenses

Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax

Field	Value	IRS element (for citing)
Liable For4942 Tax	false	LiableFor4942Tax
Qualifying Distributions Year1	2780250	QualifyingDistributionsYear1
Noncharitable Assets Year1	58526	NoncharitableAssetsYear1
Distribution Ratio Year1	47.504528	DistributionRatioYear1
Noncharitable Assets Year2	51964	NoncharitableAssetsYear2
Qualifying Distributions Year3	31020615	QualifyingDistributionsYear3
Noncharitable Assets Year3	12445541	NoncharitableAssetsYear3
Distribution Ratio Year3	2.492508	DistributionRatioYear3
Noncharitable Assets Year4	4833728	NoncharitableAssetsYear4
Total Distribution Ratio	49.997036	TotalDistributionRatio
Average Distribution Ratio	24.998518	AverageDistributionRatio
Net Noncharitable Assets	173486	NetNoncharitableAssets
Adjusted Noncharitable Assets	4336893	AdjustedNoncharitableAssets
Adj Nonchrtbl Assets And One	4336893	AdjNonchrtblAssetsAndOnePct
Qualifying Distributions	480000	QualifyingDistributions

Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm

Field	Value	IRS element (for citing)
Investment Income Excise Tax	0	InvestmentIncomeExciseTax
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	true	TerminationEtc
Requirements Of Sect508e	true	RequirementsOfSect508e
At Least5000 In Assets	true	AtLeast5000InAssets
States Filed With	OH	StatesFiledWith
Form990 PF Filed With AG	true	Form990PFFiledWithAG
Private Operating Foundation	false	PrivateOperatingFoundation
New Substantial Contributors	false	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	IRVING HARRIS	BooksInCareOfPersonName
Books In Care Of Phone Number	5136213333	BooksInCareOfPhoneNumber

Books In Care Of US Address BooksInCareOfUSAddress

Field	Value	IRS element (for citing)
Address Line1	441 VINE STREET	AddressLine1
City	CINCINNATI	City
State	OH	State
ZIP Code	45202	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
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 (5 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
JAY SCHOTTENSTEIN
4300 E FIFTH AVENUE	COLUMBUS	OH	43219	TRUSTEE	0.00	0	0	0
SUSAN DIAMOND
2 MIRANOVA PLACE STE 600	COLUMBUS	OH	43215	TRUSTEE	0.00	0	0	0
WILLIAM SCHOTTENSTEIN
170 S HIGH STREET 3RD FLOOR	COLUMBUS	OH	43215	TRUSTEE	0.00	0	0	0
THOMAS SCHOTTENSTEIN
170 S HIGH STREET 3RD FLOOR	COLUMBUS	OH	43215	TRUSTEE	0.00	0	0	0
JEFFREY HARRIS
441 VINE STREET SUITE 3700	CINCINNATI	OH	45202	TRUSTEE	0.00	0	0	0

Field	Value	IRS element (for citing)
Comp Of Highest Paid Empl NONE	NONE	CompOfHighestPaidEmplNONE
Comp Of Hghst Paid Cntrct NONE	NONE	CompOfHghstPaidCntrctNONE

Sum Of Program Related Investments SumOfProgramRelatedInvestments

Field	Value	IRS element (for citing)
Description1	N/A	Description1

Minimum Investment Return MinimumInvestmentReturn

Field	Value	IRS element (for citing)
Avg Monthly FMV Of Securities	0	AvgMonthlyFMVOfSecurities
Avg Monthly Cash Balances	176128	AvgMonthlyCashBalances
FMV All Other Noncharitable Assets	0	FMVAllOtherNoncharitableAssets
Total FMV Of Unused Assets	176128	TotalFMVOfUnusedAssets
Adj Total FMV Of Unused Assets	176128	AdjTotalFMVOfUnusedAssets
Cash Deemed Charitable	2642	CashDeemedCharitable
Net Noncharitable Assets	173486	NetNoncharitableAssets
Minimum Investment Return	8674	MinimumInvestmentReturn

Distributable DistributableAmount

Field	Value	IRS element (for citing)
Minimum Investment Return	8674	MinimumInvestmentReturn
Distributable Amount Before Adj	8674	DistributableAmountBeforeAdj
Distributable Amount Before Ded	8674	DistributableAmountBeforeDed
Distributable Amount As Adjusted	8674	DistributableAmountAsAdjusted

Qualifying Distributions QualifyingDistributions

Field	Value	IRS element (for citing)
Expenses And Contributions	480000	ExpensesAndContributions
Qualifying Distributions	480000	QualifyingDistributions
Adj Qualifying Distributions	480000	AdjQualifyingDistributions

Undistributed Income UndistributedIncome

Field	Value	IRS element (for citing)
Distributable Amount As Adjusted	8674	DistributableAmountAsAdjusted
Excess Distri Carryover Year3	30203125	ExcessDistriCarryoverYear3
Excess Distri Carryover Year1	2777324	ExcessDistriCarryoverYear1
Total Excess Distri Carryover	32980449	TotalExcessDistriCarryover
Qualifying Distributions	480000	QualifyingDistributions
Applied To Current Year	8674	AppliedToCurrentYear
Remaining Distri From Corpus	471326	RemainingDistriFromCorpus
Total Corpus	33451775	TotalCorpus
Undistributed Income CY	0	UndistributedIncomeCY
Excess Distri Cyov To Next Year	33451775	ExcessDistriCyovToNextYear
Excess From Year3	30203125	ExcessFromYear3
Excess From Year1	2777324	ExcessFromYear1
Excess From Current Year	471326	ExcessFromCurrentYear

Supplementary Information SupplementaryInformation

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

Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (5 entries)

Address Line1RecipientUSAddress/AddressLine1	CityRecipientUSAddress/City	StateRecipientUSAddress/State	ZIP CodeRecipientUSAddress/ZIPCode	Recipient Foundation StatusRecipientFoundationStatus	Purpose Of Grant Or ContributionPurposeOfGrantOrContribution	AmountAmount	Business Name Line2RecipientBusinessName/BusinessNameLine2
SAUL SCHOTTENSTEIN FOUNDATION C
107 S HIGH ST 3RD FL	COLUMBUS	OH	43215	501(C)3	TO SUPPORT CHARITABLE PROGRAMMING	$96,000
SAUL SCHOTTENSTEIIN FOUNDATION D
107 S HIGH ST 3RD FL	COLUMBUS	OH	43215	501(C)3	TO SUPPORT CHARITABLE PROGRAMMING	$96,000
SAUL SCHOTTENSTEIN FOUNDATION A
2 MIRANOVA PL STE 600	COLUMBUS	OH	43215	501(C)3	TO SUPPORT CHARITABLE PROGRAMMING	$96,000
SAUL SCHOTTENSTEIN FOUNDATION B
3512 AULTWOOD LANE	CINCINNATI	OH	43208	501(C)3	TO SUPPORT CHARITABLE PROGAMMING	$96,000
COLUMBUS JEWISH FOUNDATION
1175 COLLEGE AVENUE	COLUMBUS	OH	43209	501(C)3	TO SUPPORT CHARITABLE PROGRAMMING	$96,000	SAUL SCHOTTENSTEIN MEMORIAL FUND

Field	Value	IRS element (for citing)
Tot Grant Or Contri Paid During Year	480000	TotGrantOrContriPaidDuringYear

Analysis Income Producing Acty AnalysisIncomeProducingActy

Int On Savings And Temp Cash Invst IntOnSavingsAndTempCashInvst

Field	Value	IRS element (for citing)
Exclusion Code	14	ExclusionCode
Exclusion	$39	ExclusionAmount

Subtotals Part XVIA SubtotalsPartXVIA

Field	Value	IRS element (for citing)
Exclusion	$39	ExclusionAmount

Field	Value	IRS element (for citing)
Total Part XVIA	39	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

Schedule B IRS990ScheduleB

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	X	Organization501c3ExemptPF
General Rule	X	GeneralRule

Contributor Info ContributorInfo

Field	Value	IRS element (for citing)
Contributor Number	1	ContributorNumber
Contributor Name Individual	ESTATE OF SAUL SCHOTTENSTEIN	ContributorNameIndividual

Contributor Address US ContributorAddressUS

Field	Value	IRS element (for citing)
Address Line1	4300 E FIFTH AVENUE	AddressLine1
City	COLUMBUS	City
State	OH	State
ZIP Code	432191816	ZIPCode

Field	Value	IRS element (for citing)
Aggregate Contributions	442171	AggregateContributions
Person Contribution Type	X	PersonContributionType

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees AccountingFees

Field	Value	IRS element (for citing)
Category	INDIRECT ACCOUNTING FEES	Category
Amount	$1,000	Amount
Net Investment Income	1000	NetInvestmentIncome

Compensation Explanation CompensationExplanation

Compensation Compensation (5 entries)

JAY SCHOTTENSTEIN
SUSAN DIAMOND
WILLIAM SCHOTTENSTEIN
THOMAS SCHOTTENSTEIN
JEFFREY HARRIS

Liquidation Explanation Stmt LiquidationExplanationStmt

Field	Value	IRS element (for citing)
Statement	THE TRUST WAS TERMINATED AND ALL ASSETS WERE TRANSFERRED TO OTHER 501(C)(3) CHARITABLE ORGANIZATIONS.	Statement

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFees

Field	Value	IRS element (for citing)
Category	INDIRECT LEGAL FEES	Category
Amount	$17,293	Amount
Net Investment Income	17293	NetInvestmentIncome

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees OtherProfessionalFees

Field	Value	IRS element (for citing)
Category	TRUSTEE FEES	Category
Amount	$2,166	Amount
Net Investment Income	2166	NetInvestmentIncome

SAUL SCHOTTENSTEIN CHARITABLE TRUST: Form 990PF, tax year 2012

Return header ReturnHeader

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Preparer Firm US Address PreparerFirmUSAddress

Filer Filer

Name Name

US Address USAddress

Officer Officer

Preparer Preparer

Form 990-PF IRS990PF

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Balance Sheets BalanceSheets

Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances

Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax

Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm

Statements Regarding Activities StatementsRegardingActivities

Books In Care Of US Address BooksInCareOfUSAddress

Statements Regarding Acty4720 StatementsRegardingActy4720

Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo

Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee (5 entries)

Sum Of Program Related Investments SumOfProgramRelatedInvestments

Minimum Investment Return MinimumInvestmentReturn

Distributable DistributableAmount

Qualifying Distributions QualifyingDistributions

Undistributed Income UndistributedIncome

Supplementary Information SupplementaryInformation

Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (5 entries)

Analysis Income Producing Acty AnalysisIncomeProducingActy

Int On Savings And Temp Cash Invst IntOnSavingsAndTempCashInvst

Subtotals Part XVIA SubtotalsPartXVIA

Trnsfr Tr Rln With Noncharitable EO TrnsfrTrRlnWithNoncharitableEO

Schedule B IRS990ScheduleB

Contributor Info ContributorInfo

Contributor Address US ContributorAddressUS

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees AccountingFees

Compensation Explanation CompensationExplanation

Compensation Compensation (5 entries)

Liquidation Explanation Stmt LiquidationExplanationStmt

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFees

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees OtherProfessionalFees

Comments