SCA CHARITABLE FOUNDATION INC: Form 990PF, tax year 2011

View the entire original 990 at ProPublica ↗

Organization
SCA CHARITABLE FOUNDATION INC (EIN 90-0484624)
Tax period
2011-01-01 to 2011-12-31
Filed
2012-05-11
IRS object ID
201211329349100221
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)
Timestamp2012-05-11T07:10:13-07:00Timestamp
Tax Period End Date2011-12-31TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1Lederer Levine & Associates LLCBusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line11099 Wall St West Suite 280AddressLine1
CityLyndhurstCity
StateNJState
ZIP Code07071ZIPCode
FieldValueIRS element (for citing)
Return Type990PFReturnType
Tax Period Begin Date2011-01-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN900484624EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1SCA CHARITABLE FOUNDATIONBusinessNameLine1
FieldValueIRS element (for citing)
Name ControlSCACNameControl
Phone9177570379Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line1326 ROUND HILL ROADAddressLine1
CityGREENWICHCity
StateCTState
ZIP Code06831ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameMICHAEL POLLACKName
TitlePRESIDENT & DIRTitle
Date Signed2012-05-11DateSigned
Authorize Third PartytrueAuthorizeThirdParty

Preparer Preparer

FieldValueIRS element (for citing)
NameKenneth J LedererName
Phone2019333780Phone
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 EOY1791287FMVAssetsEOY
Method Of Accounting CashXMethodOfAccountingCash

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Received Rev And Expnss140571ContriReceivedRevAndExpnss
Dividends Rev And Expnss148002DividendsRevAndExpnss
Dividends Net Invst Incm148002DividendsNetInvstIncm
Net Gain Sale Assets Rev And Expnss24759NetGainSaleAssetsRevAndExpnss
Gross Sales Price124322GrossSalesPrice
Capital Gain Net Incm Net Invst Incm24759CapitalGainNetIncmNetInvstIncm
Total Revenue And Expenses313332TotalRevenueAndExpenses
Total Net Investment Income172761TotalNetInvestmentIncome
Accounting Fees Rev And Expnss3000AccountingFeesRevAndExpnss
Accounting Fees Net Invst Incm3000AccountingFeesNetInvstIncm
Accounting Fees Dsbrs Chrtbl Prps3000AccountingFeesDsbrsChrtblPrps
Other Prof Fees Rev And Expnss835OtherProfFeesRevAndExpnss
Other Prof Fees Net Invst Incm835OtherProfFeesNetInvstIncm
Other Prof Fees Dsbrs Chrtbl Prps835OtherProfFeesDsbrsChrtblPrps
Taxes Rev And Expnss2540TaxesRevAndExpnss
Taxes Dsbrs Chrtbl Prps2540TaxesDsbrsChrtblPrps
Other Expenses Rev And Expnss80OtherExpensesRevAndExpnss
Other Expenses Net Invst Incm80OtherExpensesNetInvstIncm
Other Expenses Dsbrs Chrtbl Prps80OtherExpensesDsbrsChrtblPrps
Tot Opr Expenses Rev And Expnss6455TotOprExpensesRevAndExpnss
Tot Opr Expenses Net Invst Incm3915TotOprExpensesNetInvstIncm
Tot Opr Expenses Dsbrs Chrtbl Prps6455TotOprExpensesDsbrsChrtblPrps
Contri Gifts Paid Rev And Expnss181500ContriGiftsPaidRevAndExpnss
Contri Gifts Paid Dsbrs Chrtbl Prps181500ContriGiftsPaidDsbrsChrtblPrps
Total Expenses Rev And Expnss187955TotalExpensesRevAndExpnss
Total Expenses Net Invst Incm3915TotalExpensesNetInvstIncm
Total Expenses Dsbrs Chrtbl Prps187955TotalExpensesDsbrsChrtblPrps
Excess Of Revenue Over Expenses125377ExcessOfRevenueOverExpenses
Net Investment Income168846NetInvestmentIncome

Balance Sheets BalanceSheets

FieldValueIRS element (for citing)
Savings And Temp Cash Invst BOY166454SavingsAndTempCashInvstBOY
Savings And Temp Cash Invst EOY230244SavingsAndTempCashInvstEOY
Savings And Temp Cash Invst EOYFMV230244SavingsAndTempCashInvstEOYFMV
Investments Corp Stock BOY130963InvestmentsCorpStockBOY
Investments Corp Stock EOY31400InvestmentsCorpStockEOY
Investments Corp Stock EOYFMV23700InvestmentsCorpStockEOYFMV
Investments Mortgage Loans BOY1359896InvestmentsMortgageLoansBOY
Investments Mortgage Loans EOY1537343InvestmentsMortgageLoansEOY
Investments Mortgage Loans EOYFMV1537343InvestmentsMortgageLoansEOYFMV
Total Assets BOY1657313TotalAssetsBOY
Total Assets EOY1798987TotalAssetsEOY
Total Assets EOYFMV1791287TotalAssetsEOYFMV
Total Liabilities EOY0TotalLiabilitiesEOY
Org That Follow SFAS117XOrgThatFollowSFAS117
Unrestricted BOY1657313UnrestrictedBOY
Unrestricted EOY1798987UnrestrictedEOY
Total Net Assets BOY1657313TotalNetAssetsBOY
Total Net Assets EOY1798987TotalNetAssetsEOY
Total Liabilities Net Assets BOY1657313TotalLiabilitiesNetAssetsBOY
Total Liabilities Net Assets EOY1798987TotalLiabilitiesNetAssetsEOY

Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances

FieldValueIRS element (for citing)
Total Net Assets Fund Balances BOY1657313TotalNetAssetsFundBalancesBOY
Excess Of Revenue Over Expenses125377ExcessOfRevenueOverExpenses
Other Increases16297OtherIncreases
Subtotal1798987Subtotal
Total Net Assets Fund Balances EOY1798987TotalNetAssetsFundBalancesEOY

Capital Gains And Losses CapitalGainsAndLosses

Capital Gains And Losses Info CapitalGainsAndLossesInfo (2 entries)

Description Of AssetDescriptionOfAssetHow AcquiredHowAcquiredDate AcquiredDateAcquiredDate SoldDateSoldGross Sales PriceGrossSalesPriceCost Or Other BasisCostOrOtherBasisGain Or LossGainOrLossGains Minus Excess Or LossesGainsMinusExcessOrLosses
1500 VIASAT INC.P2010-06-082011-04-1358919469351198411984
8000 MAIDEN HOLDINGS LTD.P2010-06-082011-01-0665403526281277512775
FieldValueIRS element (for citing)
Capital Gain Net Income24759CapitalGainNetIncome

Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax

FieldValueIRS element (for citing)
Liable For4942 TaxfalseLiableFor4942Tax
Qualifying Distributions Year1165070QualifyingDistributionsYear1
Noncharitable Assets Year11529749NoncharitableAssetsYear1
Distribution Ratio Year10.10791DistributionRatioYear1
Qualifying Distributions Year276000QualifyingDistributionsYear2
Noncharitable Assets Year2216832NoncharitableAssetsYear2
Distribution Ratio Year20.35050DistributionRatioYear2
Total Distribution Ratio0.45841TotalDistributionRatio
Average Distribution Ratio0.15280AverageDistributionRatio
Net Noncharitable Assets1724520NetNoncharitableAssets
Adjusted Noncharitable Assets263512AdjustedNoncharitableAssets
One Percent Net Investment Income1688OnePercentNetInvestmentIncome
Adj Nonchrtbl Assets And One265200AdjNonchrtblAssetsAndOnePct
Qualifying Distributions187955QualifyingDistributions

Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm

FieldValueIRS element (for citing)
Investment Income Excise Tax3377InvestmentIncomeExciseTax
Subtotal3377Subtotal
Tax Based On Investment Income3377TaxBasedOnInvestmentIncome
Form2220 AttachedXForm2220Attached
Penalty For Underpayment92PenaltyForUnderpayment
Tax Due3469TaxDue

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
Form990 T FiledfalseForm990TFiled
Termination EtcfalseTerminationEtc
Requirements Of Sect508efalseRequirementsOfSect508e
At Least5000 In AssetstrueAtLeast5000InAssets
States Filed WithPAStatesFiledWith
Form990 PF Filed With AGtrueForm990PFFiledWithAG
Private Operating FoundationfalsePrivateOperatingFoundation
New Substantial ContributorsfalseNewSubstantialContributors
Interest In Controlled EntityfalseInterestInControlledEntity
Applicable Insurance ContractfalseApplicableInsuranceContract
Comply With Public Inspection RqrtrueComplyWithPublicInspectionRqr
Website AddressWWW.SCACHARITABLEFOUNDATION.ORGWebsiteAddress

Books In Care Of Business Name BooksInCareOfBusinessName

FieldValueIRS element (for citing)
Business Name Line1MICHAEL POLLACKBusinessNameLine1
FieldValueIRS element (for citing)
Books In Care Of Phone Number9177570379BooksInCareOfPhoneNumber

Books In Care Of US Address BooksInCareOfUSAddress

FieldValueIRS element (for citing)
Address Line1326 ROUND HILL ROADAddressLine1
CityGREENWICHCity
StateCTState
ZIP Code068313343ZIPCode
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
Acts Fail To Qualify As ExceptionsfalseActsFailToQualifyAsExceptions
Uncorrected Prior ActsfalseUncorrectedPriorActs
Undistributed Income Prior YearsfalseUndistributedIncomePriorYears
Undistr Income4942a2 Not AppliedfalseUndistrIncome4942a2NotApplied
Business HoldingsfalseBusinessHoldings
Excess Business HoldingsfalseExcessBusinessHoldings
Jeopardy InvestmentsfalseJeopardyInvestments
Uncorrected Jeopardy InvestmentsfalseUncorrectedJeopardyInvestments
Influence LegislationfalseInfluenceLegislation
Influence ElectionfalseInfluenceElection
Grants To IndividualsfalseGrantsToIndividuals
Grants To OrganizationsfalseGrantsToOrganizations
Noncharitable PurposefalseNoncharitablePurpose
Tr Fail To Qualify As ExceptionsfalseTrFailToQualifyAsExceptions
Maint Expend ResponsibilityfalseMaintExpendResponsibility
Rcv Funds To Pay Prsnl Bnft ContractfalseRcvFundsToPayPrsnlBnftContract
Pay Premiums Prsnl Bnft ContractfalsePayPremiumsPrsnlBnftContract
Prohibited Tax Shelter TransactnfalseProhibitedTaxShelterTransactn
Proceeds Or Net IncomefalseProceedsOrNetIncome

Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo

Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee (5 entries)

Address Line1USAddress/AddressLine1CityUSAddress/CityStateUSAddress/StateZIP CodeUSAddress/ZIPCodeTitleTitleAvg Hours Per Wk Devoted To PositionAvgHoursPerWkDevotedToPositionCompensationCompensation
JASON KARP
326 ROUND HILL ROADGREENWICHCT06831Director1.000
NADINE MIRCHANDANI
326 ROUND HILL ROADGREENWICHCT06831Director1.000
ANJALI POLLACK
326 ROUND HILL ROADGREENWICHCT06831Director1.000
HELEINA BERNSTEIN
326 ROUND HILL ROADGREENWICHCT06831Treasurer, SECT5.000
MICHAEL POLLACK
326 ROUND HILL ROADGREENWICHCT06831PRESIDENT & DIR10.000
FieldValueIRS element (for citing)
Comp Of Highest Paid Empl NONENONECompOfHighestPaidEmplNONE
Comp Of Hghst Paid Cntrct NONENONECompOfHghstPaidCntrctNONE

Summary Of Direct Charitable Acty SummaryOfDirectCharitableActy

FieldValueIRS element (for citing)
Description1GRANTMAKING TO CHARITIES WITH 501(C)(3) STATUS THAT FOCUS ON EDUCATION AND THE REDUCTION OF POVERTY.Description1
Expenses10Expenses1

Minimum Investment Return MinimumInvestmentReturn

FieldValueIRS element (for citing)
Avg Monthly FMV Of Securities95077AvgMonthlyFMVOfSecurities
Avg Monthly Cash Balances199145AvgMonthlyCashBalances
FMV All Other Noncharitable Assets1456560FMVAllOtherNoncharitableAssets
Total FMV Of Unused Assets1750782TotalFMVOfUnusedAssets
Reduction Claimed0ReductionClaimed
Adj Total FMV Of Unused Assets1750782AdjTotalFMVOfUnusedAssets
Cash Deemed Charitable26262CashDeemedCharitable
Net Noncharitable Assets1724520NetNoncharitableAssets
Minimum Investment Return86226MinimumInvestmentReturn

Distributable DistributableAmount

FieldValueIRS element (for citing)
Minimum Investment Return86226MinimumInvestmentReturn
Tax Based On Investment Income3377TaxBasedOnInvestmentIncome
Total Tax3377TotalTax
Distributable Amount Before Adj82849DistributableAmountBeforeAdj
Distributable Amount Before Ded82849DistributableAmountBeforeDed
Distributable Amount As Adjusted82849DistributableAmountAsAdjusted

Qualifying Distributions QualifyingDistributions

FieldValueIRS element (for citing)
Expenses And Contributions187955ExpensesAndContributions
Qualifying Distributions187955QualifyingDistributions
Adj Qualifying Distributions187955AdjQualifyingDistributions

Undistributed Income UndistributedIncome

FieldValueIRS element (for citing)
Distributable Amount As Adjusted82849DistributableAmountAsAdjusted
Excess Distri Carryover Year284652ExcessDistriCarryoverYear2
Excess Distri Carryover Year193467ExcessDistriCarryoverYear1
Total Excess Distri Carryover178119TotalExcessDistriCarryover
Qualifying Distributions187955QualifyingDistributions
Treated As Distri From Corpus0TreatedAsDistriFromCorpus
Applied To Current Year82849AppliedToCurrentYear
Remaining Distri From Corpus105106RemainingDistriFromCorpus
Total Corpus283225TotalCorpus
Undistributed Income CY0UndistributedIncomeCY
Excess Distri Cyov To Next Year283225ExcessDistriCyovToNextYear
Excess From Year284652ExcessFromYear2
Excess From Year193467ExcessFromYear1
Excess From Current Year105106ExcessFromCurrentYear

Supplementary Information SupplementaryInformation

FieldValueIRS element (for citing)
Contributing ManagerMICHAEL POLLACKContributingManager
Only Contributes To PreselectedXOnlyContributesToPreselected

Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (4 entries)

Address Line1RecipientUSAddress/AddressLine1CityRecipientUSAddress/CityStateRecipientUSAddress/StateZIP CodeRecipientUSAddress/ZIPCodeRecipient RelationshipRecipientRelationshipRecipient Foundation StatusRecipientFoundationStatusPurpose Of Grant Or ContributionPurposeOfGrantOrContributionAmountAmount
ARKANSKSHA FUND
PO BOX 1714NEW YORKNY10025GRANT501C3EDUCATION$10,000
ARPAN FOUNDATION
19401 S VERMONT AVE STE K-105TORRANCECA90502GRANT501C3EDUCATION & HEALTH$61,500
DASRA
12338 MAILY MEADOWLANESUGAR LANDTX77478GRANT501C3EDUCATION & HEALTH$75,000
LEND-A-HAND INDIA INC
784 COLUMBUS AVE STE10GNEW YORKNY10025GRANT501C3EDUC & SKILLS TRAINING$35,000
FieldValueIRS element (for citing)
Tot Grant Or Contri Paid During Year181500TotGrantOrContriPaidDuringYear

Analysis Income Producing Acty AnalysisIncomeProducingActy

Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII

FieldValueIRS element (for citing)
Exclusion Code14ExclusionCode
Exclusion$148,002ExclusionAmount

Gain Sales Assets Oth Than Invntry GainSalesAssetsOthThanInvntry

FieldValueIRS element (for citing)
Exclusion Code14ExclusionCode
Exclusion$24,759ExclusionAmount

Subtotals Part XVIA SubtotalsPartXVIA

FieldValueIRS element (for citing)
Exclusion$172,761ExclusionAmount
FieldValueIRS element (for citing)
Total Part XVIA172761TotalPartXVIA

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 ContributionsAggregateContributionsNoncash Contribution TypeNoncashContributionType
2MICHAEL POLLACK45 W 67TH ST APT 27BNEW YORKNY1002369764X
1MICHAEL POLLACK45 W 67TH ST APT 27BNEW YORKNY1002370807X

Noncash Property NoncashProperty (2 entries)

Contributor Number From Part IContributorNumberFromPartINoncash Property DescriptionNoncashPropertyDescriptionFair Market ValueFairMarketValueDate ReceivedDateReceived
27500 sh. - MAIDEN HOLDINGS LTD.697642011-06-28
17500 sh. - MAIDEN HOLDINGS LTD.708072011-06-27

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees AccountingFees

FieldValueIRS element (for citing)
Category000Category
Amount$3,000Amount
Net Investment Income3000NetInvestmentIncome
Adjusted Net Income0AdjustedNetIncome
Disbursements Charitable Prps3000DisbursementsCharitablePrps

Other Expenses Schedule OtherExpensesSchedule

Other Expenses OtherExpenses

FieldValueIRS element (for citing)
DescriptionWIRE FEESDescription
Revenue And Expenses Per Books80RevenueAndExpensesPerBooks
Net Investment Income80NetInvestmentIncome
Disbursements Charitable Prps80DisbursementsCharitablePrps

Other Increases Schedule OtherIncreasesSchedule

Other Increases OtherIncreases (2 entries)

DescriptionDescriptionAmountAmount
TAXES$2,540
NET UNREALZED GAINS/ (LOSSES)I$13,757

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees OtherProfessionalFees

FieldValueIRS element (for citing)
CategoryOTHER SERVICESCategory
Amount$835Amount
Net Investment Income835NetInvestmentIncome
Adjusted Net Income0AdjustedNetIncome
Disbursements Charitable Prps835DisbursementsCharitablePrps

Taxes Schedule TaxesSchedule

Taxes Taxes

FieldValueIRS element (for citing)
CategoryBALANCE 2010Category
Amount$2,540Amount
Disbursements Charitable Prps2540DisbursementsCharitablePrps

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