MODERA CHARITABLE FOUNDATION: Form 990PF, tax year 2011

View the entire original 990 at ProPublica ↗

Organization
MODERA CHARITABLE FOUNDATION (EIN 20-2056601)
Tax period
2011-01-01 to 2011-12-31
Filed
2012-06-25
IRS object ID
201201799349100410
Schema version
2011v1.2
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)
Timestamp2012-06-25T14:36:51-00:00Timestamp
Tax Period End Date2011-12-31TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1Foundation SourceBusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line155 Walls DriveAddressLine1
CityFairfieldCity
StateCTState
ZIP Code06824ZIPCode
FieldValueIRS element (for citing)
Return Type990PFReturnType
Tax Period Begin Date2011-01-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN202056601EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1The Invest In Kids Foundation IncBusinessNameLine1
FieldValueIRS element (for citing)
Name ControlINVENameControl
Phone8008391754Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line1Foundation Source 501 Silverside RdAddressLine1
CityWilmingtonCity
StateDEState
ZIP Code198091377ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameTom OrecchioName
TitlePresidentTitle
Date Signed2012-04-25DateSigned
Authorize Third PartytrueAuthorizeThirdParty

Preparer Preparer

FieldValueIRS element (for citing)
NameJeffrey D HaskellName
Phone8008391754Phone
Date Prepared2012-04-25DatePrepared
FieldValueIRS element (for citing)
Tax Year2011TaxYear
Build TS2016-02-24 21:20:13ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Exempt PFXExemptPF
FMV Assets EOY90058FMVAssetsEOY
Method Of Accounting CashXMethodOfAccountingCash

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Received Rev And Expnss41108ContriReceivedRevAndExpnss
Dividends Rev And Expnss1016DividendsRevAndExpnss
Dividends Net Invst Incm1016DividendsNetInvstIncm
Net Gain Sale Assets Rev And Expnss2138NetGainSaleAssetsRevAndExpnss
Gross Sales Price47355GrossSalesPrice
Capital Gain Net Incm Net Invst Incm2138CapitalGainNetIncmNetInvstIncm
Total Revenue And Expenses44262TotalRevenueAndExpenses
Total Net Investment Income3154TotalNetInvestmentIncome
Other Expenses Rev And Expnss790OtherExpensesRevAndExpnss
Other Expenses Net Invst Incm15OtherExpensesNetInvstIncm
Other Expenses Dsbrs Chrtbl Prps775OtherExpensesDsbrsChrtblPrps
Tot Opr Expenses Rev And Expnss790TotOprExpensesRevAndExpnss
Tot Opr Expenses Net Invst Incm15TotOprExpensesNetInvstIncm
Tot Opr Expenses Dsbrs Chrtbl Prps775TotOprExpensesDsbrsChrtblPrps
Contri Gifts Paid Rev And Expnss38593ContriGiftsPaidRevAndExpnss
Contri Gifts Paid Dsbrs Chrtbl Prps38593ContriGiftsPaidDsbrsChrtblPrps
Total Expenses Rev And Expnss39383TotalExpensesRevAndExpnss
Total Expenses Net Invst Incm15TotalExpensesNetInvstIncm
Total Expenses Dsbrs Chrtbl Prps39368TotalExpensesDsbrsChrtblPrps
Excess Of Revenue Over Expenses4879ExcessOfRevenueOverExpenses
Net Investment Income3139NetInvestmentIncome

Balance Sheets BalanceSheets

FieldValueIRS element (for citing)
Savings And Temp Cash Invst BOY5037SavingsAndTempCashInvstBOY
Savings And Temp Cash Invst EOY40108SavingsAndTempCashInvstEOY
Savings And Temp Cash Invst EOYFMV40108SavingsAndTempCashInvstEOYFMV
Investments Corp Stock BOY86892InvestmentsCorpStockBOY
Investments Corp Stock EOY56700InvestmentsCorpStockEOY
Investments Corp Stock EOYFMV49950InvestmentsCorpStockEOYFMV
Total Assets BOY91929TotalAssetsBOY
Total Assets EOY96808TotalAssetsEOY
Total Assets EOYFMV90058TotalAssetsEOYFMV
Total Liabilities EOY0TotalLiabilitiesEOY
Org That Do Not Follow SFAS117XOrgThatDoNotFollowSFAS117
Retained Earnings BOY91929RetainedEarningsBOY
Retained Earnings EOY96808RetainedEarningsEOY
Total Net Assets BOY91929TotalNetAssetsBOY
Total Net Assets EOY96808TotalNetAssetsEOY
Total Liabilities Net Assets BOY91929TotalLiabilitiesNetAssetsBOY
Total Liabilities Net Assets EOY96808TotalLiabilitiesNetAssetsEOY

Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances

FieldValueIRS element (for citing)
Total Net Assets Fund Balances BOY91929TotalNetAssetsFundBalancesBOY
Excess Of Revenue Over Expenses4879ExcessOfRevenueOverExpenses
Subtotal96808Subtotal
Total Net Assets Fund Balances EOY96808TotalNetAssetsFundBalancesEOY

Capital Gains And Losses CapitalGainsAndLosses

Capital Gains And Losses Info CapitalGainsAndLossesInfo

FieldValueIRS element (for citing)
Description Of AssetPublicly-traded SecuritiesDescriptionOfAsset
Gross Sales Price47355GrossSalesPrice
Cost Or Other Basis45217CostOrOtherBasis
Gain Or Loss2138GainOrLoss
Gains Minus Excess Or Losses2138GainsMinusExcessOrLosses
FieldValueIRS element (for citing)
Capital Gain Net Income2138CapitalGainNetIncome

Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax

FieldValueIRS element (for citing)
Liable For4942 TaxfalseLiableFor4942Tax
Qualifying Distributions Year11725QualifyingDistributionsYear1
Noncharitable Assets Year181990NoncharitableAssetsYear1
Distribution Ratio Year1000.021039DistributionRatioYear1
Qualifying Distributions Year22875QualifyingDistributionsYear2
Noncharitable Assets Year274630NoncharitableAssetsYear2
Distribution Ratio Year2000.038523DistributionRatioYear2
Qualifying Distributions Year335742QualifyingDistributionsYear3
Noncharitable Assets Year3116957NoncharitableAssetsYear3
Distribution Ratio Year3000.305599DistributionRatioYear3
Qualifying Distributions Year42525QualifyingDistributionsYear4
Noncharitable Assets Year4117110NoncharitableAssetsYear4
Distribution Ratio Year4000.021561DistributionRatioYear4
Qualifying Distributions Year51250QualifyingDistributionsYear5
Noncharitable Assets Year5108602NoncharitableAssetsYear5
Distribution Ratio Year5000.011510DistributionRatioYear5
Total Distribution Ratio000.398232TotalDistributionRatio
Average Distribution Ratio000.079646AverageDistributionRatio
Net Noncharitable Assets84451NetNoncharitableAssets
Adjusted Noncharitable Assets6726AdjustedNoncharitableAssets
One Percent Net Investment Income31OnePercentNetInvestmentIncome
Adj Nonchrtbl Assets And One6757AdjNonchrtblAssetsAndOnePct
Qualifying Distributions39368QualifyingDistributions

Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm

FieldValueIRS element (for citing)
Domestic Org Meeting Sect4940eXDomesticOrgMeetingSect4940e
Investment Income Excise Tax31InvestmentIncomeExciseTax
Subtotal31Subtotal
Tax Based On Investment Income31TaxBasedOnInvestmentIncome
Est Tax Payments And Overpayment2EstTaxPaymentsAndOverpayment
Tax Paid With Extension29TaxPaidWithExtension
Total Credits And Payments31TotalCreditsAndPayments
Tax Paid Original Return31TaxPaidOriginalReturn

Statements Regarding Activities StatementsRegardingActivities

FieldValueIRS element (for citing)
Legislative Political ActivitiesfalseLegislativePoliticalActivities
More Than100 SpentfalseMoreThan100Spent
Form1120 POL FiledfalseForm1120POLFiled
Activities Not Prev ReportedfalseActivitiesNotPrevReported
Changes To Articles Or BylawsfalseChangesToArticlesOrBylaws
Unrelated Bus Income Over1000falseUnrelatedBusIncomeOver1000
Termination EtctrueTerminationEtc
Requirements Of Sect508etrueRequirementsOfSect508e
At Least5000 In AssetstrueAtLeast5000InAssets
Form990 PF Filed With AGtrueForm990PFFiledWithAG
Private Operating FoundationfalsePrivateOperatingFoundation
New Substantial ContributorstrueNewSubstantialContributors
Interest In Controlled EntityfalseInterestInControlledEntity
Applicable Insurance ContracttrueApplicableInsuranceContract
Comply With Public Inspection RqrtrueComplyWithPublicInspectionRqr

Books In Care Of Business Name BooksInCareOfBusinessName

FieldValueIRS element (for citing)
Business Name Line1Foundation SourceBusinessNameLine1
FieldValueIRS element (for citing)
Books In Care Of Phone Number8008391754BooksInCareOfPhoneNumber

Books In Care Of US Address BooksInCareOfUSAddress

FieldValueIRS element (for citing)
Address Line1501 Silverside Road Suite 123AddressLine1
CityWilmingtonCity
StateDEState
ZIP Code198091377ZIPCode
FieldValueIRS element (for citing)
Foreign BankfalseForeignBank

Statements Regarding Acty4720 StatementsRegardingActy4720

FieldValueIRS element (for citing)
Sale Or Exchange With Dsqfly PersonfalseSaleOrExchangeWithDsqflyPerson
Borrow Or Lend With Dsqfly PersonfalseBorrowOrLendWithDsqflyPerson
Furnished Goods With Dsqfly PersonfalseFurnishedGoodsWithDsqflyPerson
Pay Compensation To Dsqfly PersonfalsePayCompensationToDsqflyPerson
Transfer Assets To Dsqfly PersonfalseTransferAssetsToDsqflyPerson
Payment To Government OfficalfalsePaymentToGovernmentOffical
Uncorrected Prior ActsfalseUncorrectedPriorActs
Undistributed Income Prior YearsfalseUndistributedIncomePriorYears
Business HoldingsfalseBusinessHoldings
Jeopardy InvestmentsfalseJeopardyInvestments
Uncorrected Jeopardy InvestmentsfalseUncorrectedJeopardyInvestments
Influence LegislationfalseInfluenceLegislation
Influence ElectionfalseInfluenceElection
Grants To IndividualsfalseGrantsToIndividuals
Grants To OrganizationsfalseGrantsToOrganizations
Noncharitable PurposefalseNoncharitablePurpose
Pay Premiums Prsnl Bnft ContractfalsePayPremiumsPrsnlBnftContract
Prohibited Tax Shelter TransactnfalseProhibitedTaxShelterTransactn
Proceeds Or Net IncometrueProceedsOrNetIncome

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 PositionAvgHoursPerWkDevotedToPositionCompensationCompensation
Tom Orecchio
Foundation Source 501 Silverside RdWilmingtonDE19809President / Director001.000
Gregory Plechner
Foundation Source 501 Silverside RdWilmingtonDE19809Vice President / Director / Secretary001.000
Mark Willoughby
Foundation Source 501 Silverside RdWilmingtonDE19809Assistant Secretary / Vice President / Director001.000
FieldValueIRS element (for citing)
Comp Of Highest Paid Empl NONENONECompOfHighestPaidEmplNONE

Minimum Investment Return MinimumInvestmentReturn

FieldValueIRS element (for citing)
Avg Monthly FMV Of Securities80799AvgMonthlyFMVOfSecurities
Avg Monthly Cash Balances4938AvgMonthlyCashBalances
FMV All Other Noncharitable Assets0FMVAllOtherNoncharitableAssets
Total FMV Of Unused Assets85737TotalFMVOfUnusedAssets
Adj Total FMV Of Unused Assets85737AdjTotalFMVOfUnusedAssets
Cash Deemed Charitable1286CashDeemedCharitable
Net Noncharitable Assets84451NetNoncharitableAssets
Minimum Investment Return4223MinimumInvestmentReturn

Distributable DistributableAmount

FieldValueIRS element (for citing)
Minimum Investment Return4223MinimumInvestmentReturn
Tax Based On Investment Income31TaxBasedOnInvestmentIncome
Total Tax31TotalTax
Distributable Amount Before Adj4192DistributableAmountBeforeAdj
Distributable Amount Before Ded4192DistributableAmountBeforeDed
Distributable Amount As Adjusted4192DistributableAmountAsAdjusted

Qualifying Distributions QualifyingDistributions

FieldValueIRS element (for citing)
Expenses And Contributions39368ExpensesAndContributions
Qualifying Distributions39368QualifyingDistributions
One Pct Sect4940e Org Net Invst Incm31OnePctSect4940eOrgNetInvstIncm
Adj Qualifying Distributions39337AdjQualifyingDistributions

Undistributed Income UndistributedIncome

FieldValueIRS element (for citing)
Distributable Amount As Adjusted4192DistributableAmountAsAdjusted
Excess Distri Carryover Year321183ExcessDistriCarryoverYear3
Total Excess Distri Carryover21183TotalExcessDistriCarryover
Qualifying Distributions39368QualifyingDistributions
Applied To Current Year4192AppliedToCurrentYear
Remaining Distri From Corpus35176RemainingDistriFromCorpus
Total Corpus56359TotalCorpus
Undistributed Income CY0UndistributedIncomeCY
Excess Distri Cyov To Next Year56359ExcessDistriCyovToNextYear
Excess From Year321183ExcessFromYear3
Excess From Current Year35176ExcessFromCurrentYear

Supplementary Information SupplementaryInformation

FieldValueIRS element (for citing)
Contributing ManagerTom OrecchioContributingManager
Only Contributes To PreselectedXOnlyContributesToPreselected

Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (9 entries)

Address Line1RecipientUSAddress/AddressLine1CityRecipientUSAddress/CityStateRecipientUSAddress/StateZIP CodeRecipientUSAddress/ZIPCodeRecipient RelationshipRecipientRelationshipRecipient Foundation StatusRecipientFoundationStatusPurpose Of Grant Or ContributionPurposeOfGrantOrContributionAmountAmount
ANIMAL RESCUE ADOPTION SOCIETY
2390 S DELAWARE STDENVERCO80223N/A509(a)(1)General Unrestricted$500
BOYS GIRLS CLUBS OF METRO ATLANTA
100 EDGEWOOD AVE NE STE 700ATLANTAGA30303N/A509(a)(1)George Washington Carver Club$1,000
DENVER RESCUE MISSION
3501 E 46TH AVEDENVERCO80216N/A509(a)(1)General Unrestricted$250
HACKENSACK MEDICAL CENTER FOUNDATIO
360 ESSEX STHACKENSACKNJ07601N/A509(a)(1)General Unrestricted$250
HEARTS CRAFTS COUNSELING INC
60 E MAIN STRAMSEYNJ07446N/A509(a)(1)Camp Grief Busters Program$100
KIDS IN CRISIS INC
1 SALEM STCOS COBCT06807N/A509(a)(1)Charitable Event$200
SCHWAB CHARITABLE FUND
211 MAIN STSAN FRANCISCOCA94105N/A509(a)(1)Johnita Due and Mark Willoughby Charitable Fund$3,629
SCHWAB CHARITABLE FUND
211 MAIN STSAN FRANCISCOCA94105N/A509(a)(1)The Mano-A-Mano Donor Advised Fund$23,591
SCHWAB CHARITABLE FUND
211 MAIN STSAN FRANCISCOCA94105N/A509(a)(1)The Plechner Family Charitable Fund$9,073
FieldValueIRS element (for citing)
Tot Grant Or Contri Paid During Year38593TotGrantOrContriPaidDuringYear

Analysis Income Producing Acty AnalysisIncomeProducingActy

Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII

FieldValueIRS element (for citing)
Exclusion Code14ExclusionCode
Exclusion$1,017ExclusionAmount

Gain Sales Assets Oth Than Invntry GainSalesAssetsOthThanInvntry

FieldValueIRS element (for citing)
Exclusion Code18ExclusionCode
Exclusion$2,138ExclusionAmount

Subtotals Part XVIA SubtotalsPartXVIA

FieldValueIRS element (for citing)
Exclusion$3,155ExclusionAmount
FieldValueIRS element (for citing)
Total Part XVIA3155TotalPartXVIA

Trnsfr Tr Rln With Noncharitable EO TrnsfrTrRlnWithNoncharitableEO

FieldValueIRS element (for citing)
Trnsfr Of Cash To Noncharitable EOfalseTrnsfrOfCashToNoncharitableEO
Trnsfr Oth Assets Noncharitable EOfalseTrnsfrOthAssetsNoncharitableEO
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssets
Purchase Assets Noncharitable EOfalsePurchaseAssetsNoncharitableEO
Rental Of Facilities EtcfalseRentalOfFacilitiesEtc
Reimbursement ArrangementsfalseReimbursementArrangements
Loans Or Loan GuaranteesfalseLoansOrLoanGuarantees
Performance Of Services EtcfalsePerformanceOfServicesEtc
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtc
Relationships Noncharitable E OsfalseRelationshipsNoncharitableEOs

Schedule B IRS990ScheduleB

FieldValueIRS element (for citing)
Organization501c3 Exempt PFXOrganization501c3ExemptPF
General RuleXGeneralRule

Contributor Info ContributorInfo (2 entries)

Contributor NumberContributorNumberContributor Name IndividualContributorNameIndividualAddress Line1ContributorAddressUS/AddressLine1CityContributorAddressUS/CityStateContributorAddressUS/StateZIP CodeContributorAddressUS/ZIPCodeAggregate ContributionsAggregateContributionsPerson Contribution TypePersonContributionType
0001Modera Wealth Managementco Finance Dept 56 Jefferson AveWestwoodNJ0767530000X
0002Siefert Robert D416 Commonwealth Avenue Unit 516BostonMA022156267X

General Explanation Attachment GeneralExplanationAttachment

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corp Stock InvestmentsCorpStock

FieldValueIRS element (for citing)
Name Of Stock45 shares of NATIONAL ADVISORS HOLDINGS INC 63243Z990NameOfStock
EOY Book Value56700EOYBookValue
EOYFMV49950EOYFMV

Liquidation Explanation Stmt LiquidationExplanationStmt

FieldValueIRS element (for citing)
StatementThis statement is submitted to report the distribution of certain assets during the above-referenced year. The distributions resulted in a substantial contraction of assets. The following information is submitted in accordance with Treasury Regulation Section 1.6043-3a1 and the Form 990-PF instructions During the taxable year ending December 31, 2011, The Invest In Kids Foundation Inc. the Foundation made distributions from assets from sources other than current income. Collectively, the distributions in excess of current income totaled 38,594. This amount represents over 25 of the Foundations net assets of 85,252 as measured by fair market value at the beginning of the Foundations taxable year ending December 31, 2011. Although the Foundation technically experienced a substantial contraction, it will continue in existence and has no plans for dissolution. The Foundation made distributions of cash to the grantees listed in the attachment to Part XV, Line 3a each such grant was made solely for the charitable purpose specified therein.Statement

Other Expenses Schedule OtherExpensesSchedule

Other Expenses OtherExpenses (3 entries)

DescriptionDescriptionRevenue And Expenses Per BooksRevenueAndExpensesPerBooksDisbursements Charitable PrpsDisbursementsCharitablePrpsNet Investment IncomeNetInvestmentIncome
Administrative Fees750750
Bank Charges1515
State or Local Filing Fees2525

Substantial Contributors Sch SubstantialContributorsSch

Substantial Contributor SubstantialContributor

FieldValueIRS element (for citing)
Person NameRobert D SiefertPersonName

US Address USAddress

FieldValueIRS element (for citing)
Address Line1416 Commonwealth AvenueAddressLine1
CityBostonCity
StateMAState
ZIP Code02215ZIPCode

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