2012-11-12T11:40:56-06:00 2012-06-30 223271712 MERCADIEN PC PO BOX 7648 PRINCETON NJ 085437648 990 2011-07-01 223609233 COTTAGE 1886 FOUNDATION INC COTT 6099216137 51 PROSPECT AVENUE PRINCETON NJ 08540 WILLIAM M HARDT III 6099216137 2012-11-12 1 JOHN DREBOTY CPA P01071226 6096899700 2011 2016-02-24 21:20:13Z WILLIAM M HARDT III 51 PROSPECT AVENUE PRINCETON NJ 08540 402540 0 X WWW.COTTAGECLUB.NET X 1998 NJ FOSTER, PROMOTE & SUPPORT CHARITABLE, SCIENTIFIC, LITERARY OR EDUCATIONAL ACTIVITIES. 8 8 0 5 0 0 854181 378981 0 0 13786 16405 0 0 867967 395386 0 0 0 0 0 0 0 0 0 318951 327978 318951 327978 549016 67408 1827474 1899313 1396680 1395784 430794 503529 X COTTAGE 1886 FOUNDATION, INC. (THE "FOUNDATION") WAS CREATED TO ESTABLISH, CONDUCT, MAINTAIN AND/OR SUPPORT UNDERTAKINGS AND ACTIVITIES THAT ARE EXCLUSIVELY CHARITABLE, SCIENTIFIC, LITERARY OR EDUCATIONAL IN PURPOSE, INCL. PARTICULARLY, BUT WITHOUT LIMITATION, UNDERTAKINGS & ACTIVITIES INTENDED TO ENHANCE THE EDUCATION OF PRINCETON UNIVERSITY UNDERGRADUATE STUDENTS BELONGING TO THE UNIVERSITY COTTAGE CLUB (THE "CLUB") (A NJ NONPROFIT CORP.) AND THEIR GUESTS, SUCH AS LECTURE PROGRAMS, SEMINARS, CULTURAL EVENTS & THE ENHANCEMENT OF LIBRARY FACILITIES AND OTHER FACILITIES DIRECTLY RELATED TO EDUCATIONAL AND CULTURAL FUNCTIONS. OPERATIONS WERE EXPANDED TO INCLUDE THE RESTORATION AND PRESERVATION OF THE HISTORICALLY AND ARCHITECTURALLY SIGNIFICANT STRUCTURE OWNED AND OCCUPIED BY THE CLUB AND TO EDUCATE THE GENERAL PUBLIC ABOUT THE HISTORY AND ARCHITECTURE OF THE BUILDING. DURING 1999, THE CLUB WAS ENTERED ONTO THE NJ REGISTER OF HISTORIC PLACES AND NATIONAL REGISTER OF HISTORIC PLACES. 0 0 310978 LECTURE PROGRAMS, SEMINARS, CULTURAL EVENTS AND THE ENHANCEMENT OF LIBRARY FACILITIES AND OTHER FACILITIES DIRECTLY RELATED TO EDUCATIONAL AND CULTURAL FUNCTIONS. THE RESTORATION AND PRESERVATION INCLUDES WORK TO PRESERVE, RESTORE AND REPAIR THE EXTERIOR OF THE BUILDING, THE HISTORICALLY AND ARCHITECTURALLY SIGNIFICANT INTERIOR PUBLIC AREAS AND THE MAINTENANCE AND REPAIR OF THOSE BUILDING SYSTEMS AND STRUCTURAL COMPONENTS NECESSARY TO ENSURE PROPER MAINTENANCE OF THE HISTORICALLY AND ARCHITECTURALLY SIGNIFICANT FEATURES OF THE BUILDING. 310978 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 8 8 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 NJ X VALARIE J BAY 6099216137 51 PROSPECT AVENUE PRINCETON NJ 08540 X JAMES L CRAWFORD 0.50 X X 0 0 0 WILLIAM M HARDT III 0.50 X X 0 0 0 O GRIFFITH SEXTON 0.50 X 0 0 0 H KIRK UNRUH JR 0.50 X 0 0 0 H ARTHUR BELLOWS 0.50 X 0 0 0 JOHN A MENDELSON 0.50 X 0 0 0 JAMES BLAIR 0.50 X 0 0 0 JOHN SIENKIEWICZ 0.50 X 0 0 0 0 0 0 0 0 0 0 0 378981 378981 16590 16590 6969 7154 -185 -185 -185 395386 0 0 16405 17000 17000 3060 3060 66345 66345 36023 36023 CAPITAL IMPROVEMENTS 190648 190648 MISCELLANEOUS 7500 7500 BAD DEBT EXPENSE 7127 7127 STATE OF NJ TAX 275 275 327978 310978 17000 0 30736 39200 222429 125114 1101382 1065882 472927 669117 1827474 1899313 1396680 1395784 1396680 1395784 X 430794 503529 430794 503529 1827474 1899313 X 67408 5327 X X 0 1 1 X 0 X 189489 115607 833735 854181 378981 2371993 189489 115607 833735 854181 378981 2371993 7853 5414 551412 205546 770225 0 7853 5414 551412 205546 770225 1601768 17479 12155 11887 12765 16590 70876 17479 12155 11887 12765 16590 70876 206968 127762 845622 866946 395571 2442869 0.65570 0.73340 0.02900 0.02980 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 DUE TO UNIVERSITY COTTAGE CLUB 1395784 1395784 395386 327978 67408 5327 5327 72735 400713 5327 5327 395386 0 395386 327978 0 327978 0 327978 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE FOUNDATION ACCOUNTS FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN THE FINANCIAL STATEMENT USING A RECOGNITION THRESHOLD OF MORE LIKELY THAN NOT AS TO WHETHER THE UNCERTAINTY WILL BE SUSTAINED UPON EXAMINATION BY THE APPROPRIATE TAXING AUTHORITY. MEASUREMENT OF THE TAX UNCERTAINTY OCCURS IF THE RECOGNITION THRESHOLD HAS BEEN MET. MANAGEMENT DETERMINED THERE WERE NO TAX UNCERTAINTIES THAT MET THE RECOGNITION THRESHOLD. THE FOUNDATION'S FEDERAL EXEMPT ORGANIZATION RETURNS ARE NO LONGER SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE FOR YEARS PRIOR TO JUNE 30, 2009. FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS REVIEWED BY THE BOARD OF TRUSTEES BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C THE FOUNDATION REVIEWS THE CONFLICT OF INTEREST POLICY ANNUALLY. MANAGEMENT AND THE FOUNDATION'S TRUSTEES OVERSEE COMPLIANCE OF THE POLICY BY SCRUTINIZING PAYABLES, RECEIVABLES AND REPAIRS FUNDED BY THE FOUNDATION. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 5,327. FORM 990, PART XI, LINE 2C THE FOUNDATION DID NOT CHANGE ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR.