SAUL SCHOTTENSTEIN CHARITABLE TRUST: Form 990PF, tax year 2011

View the entire original 990 at ProPublica ↗

Organization: SAUL SCHOTTENSTEIN CHARITABLE TRUST (EIN 34-7150977)
Tax period: 2011-01-01 to 2011-12-31
Filed: 2012-11-13
IRS object ID: 201213189349100801
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
Form 990-PF
Schedule B
Accounting Fees Schedule
Compensation Explanation
Other Professional Fees Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2012-11-13T08:42:17-06:00	Timestamp
Tax Period End Date	2011-12-31	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	2011-01-01	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	2012-11-05	DateSigned

Preparer Preparer

Field	Value	IRS element (for citing)
Name	GRANT A NEILLEY CPA	Name
Phone	6144181775	Phone
Date Prepared	2012-11-05	DatePrepared

Field	Value	IRS element (for citing)
Tax Year	2011	TaxYear
Build TS	2016-02-24 21:20:13Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Exempt PF	X	ExemptPF
FMV Assets EOY	58249	FMVAssetsEOY
Method Of Accounting Cash	X	MethodOfAccountingCash

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Field	Value	IRS element (for citing)
Contri Received Rev And Expnss	2780995	ContriReceivedRevAndExpnss
Interest On Savings Rev And Expnss	22	InterestOnSavingsRevAndExpnss
Interest On Savings Net Invst Incm	22	InterestOnSavingsNetInvstIncm
Total Revenue And Expenses	2781017	TotalRevenueAndExpenses
Total Net Investment Income	22	TotalNetInvestmentIncome
Accounting Fees Rev And Expnss	1500	AccountingFeesRevAndExpnss
Accounting Fees Net Invst Incm	1500	AccountingFeesNetInvstIncm
Other Prof Fees Rev And Expnss	1000	OtherProfFeesRevAndExpnss
Other Prof Fees Net Invst Incm	1000	OtherProfFeesNetInvstIncm
Tot Opr Expenses Rev And Expnss	2500	TotOprExpensesRevAndExpnss
Tot Opr Expenses Net Invst Incm	2500	TotOprExpensesNetInvstIncm
Tot Opr Expenses Dsbrs Chrtbl Prps	0	TotOprExpensesDsbrsChrtblPrps
Contri Gifts Paid Rev And Expnss	2780250	ContriGiftsPaidRevAndExpnss
Contri Gifts Paid Dsbrs Chrtbl Prps	2780250	ContriGiftsPaidDsbrsChrtblPrps
Total Expenses Rev And Expnss	2782750	TotalExpensesRevAndExpnss
Total Expenses Net Invst Incm	2500	TotalExpensesNetInvstIncm
Total Expenses Dsbrs Chrtbl Prps	2780250	TotalExpensesDsbrsChrtblPrps
Excess Of Revenue Over Expenses	-1733	ExcessOfRevenueOverExpenses
Net Investment Income	0	NetInvestmentIncome

Balance Sheets BalanceSheets

Field	Value	IRS element (for citing)
Savings And Temp Cash Invst BOY	59982	SavingsAndTempCashInvstBOY
Savings And Temp Cash Invst EOY	58249	SavingsAndTempCashInvstEOY
Savings And Temp Cash Invst EOYFMV	58249	SavingsAndTempCashInvstEOYFMV
Total Assets BOY	59982	TotalAssetsBOY
Total Assets EOY	58249	TotalAssetsEOY
Total Assets EOYFMV	58249	TotalAssetsEOYFMV
Total Liabilities EOY	0	TotalLiabilitiesEOY
Org That Follow SFAS117	X	OrgThatFollowSFAS117
Unrestricted BOY	59982	UnrestrictedBOY
Unrestricted EOY	58249	UnrestrictedEOY
Total Net Assets BOY	59982	TotalNetAssetsBOY
Total Net Assets EOY	58249	TotalNetAssetsEOY
Total Liabilities Net Assets BOY	59982	TotalLiabilitiesNetAssetsBOY
Total Liabilities Net Assets EOY	58249	TotalLiabilitiesNetAssetsEOY

Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances

Field	Value	IRS element (for citing)
Total Net Assets Fund Balances BOY	59982	TotalNetAssetsFundBalancesBOY
Excess Of Revenue Over Expenses	-1733	ExcessOfRevenueOverExpenses
Subtotal	58249	Subtotal
Total Net Assets Fund Balances EOY	58249	TotalNetAssetsFundBalancesEOY

Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax

Field	Value	IRS element (for citing)
Liable For4942 Tax	false	LiableFor4942Tax
Noncharitable Assets Year1	51964	NoncharitableAssetsYear1
Qualifying Distributions Year2	31020615	QualifyingDistributionsYear2
Noncharitable Assets Year2	12445541	NoncharitableAssetsYear2
Distribution Ratio Year2	2.492508	DistributionRatioYear2
Noncharitable Assets Year3	4833728	NoncharitableAssetsYear3
Total Distribution Ratio	2.492508	TotalDistributionRatio
Average Distribution Ratio	2.492508	AverageDistributionRatio
Net Noncharitable Assets	58526	NetNoncharitableAssets
Adjusted Noncharitable Assets	145877	AdjustedNoncharitableAssets
Adj Nonchrtbl Assets And One	145877	AdjNonchrtblAssetsAndOnePct
Qualifying Distributions	2780250	QualifyingDistributions

Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm

Field	Value	IRS element (for citing)
Domestic Org Meeting Sect4940e	X	DomesticOrgMeetingSect4940e
Investment Income Excise Tax	0	InvestmentIncomeExciseTax
Est Tax Payments And Overpayment	201	EstTaxPaymentsAndOverpayment
Total Credits And Payments	201	TotalCreditsAndPayments
Overpayment	201	Overpayment
Amount Credited To Next Year	0	AmountCreditedToNextYear
Amount To Be Refunded	201	AmountToBeRefunded

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	false	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

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
4300 E FIFTH AVENUE	COLUMBUS	OH	43219	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	59417	AvgMonthlyCashBalances
FMV All Other Noncharitable Assets	0	FMVAllOtherNoncharitableAssets
Total FMV Of Unused Assets	59417	TotalFMVOfUnusedAssets
Adj Total FMV Of Unused Assets	59417	AdjTotalFMVOfUnusedAssets
Cash Deemed Charitable	891	CashDeemedCharitable
Net Noncharitable Assets	58526	NetNoncharitableAssets
Minimum Investment Return	2926	MinimumInvestmentReturn

Distributable DistributableAmount

Field	Value	IRS element (for citing)
Minimum Investment Return	2926	MinimumInvestmentReturn
Distributable Amount Before Adj	2926	DistributableAmountBeforeAdj
Distributable Amount Before Ded	2926	DistributableAmountBeforeDed
Distributable Amount As Adjusted	2926	DistributableAmountAsAdjusted

Qualifying Distributions QualifyingDistributions

Field	Value	IRS element (for citing)
Expenses And Contributions	2780250	ExpensesAndContributions
Qualifying Distributions	2780250	QualifyingDistributions
Adj Qualifying Distributions	2780250	AdjQualifyingDistributions

Undistributed Income UndistributedIncome

Field	Value	IRS element (for citing)
Distributable Amount As Adjusted	2926	DistributableAmountAsAdjusted
Excess Distri Carryover Year2	30203125	ExcessDistriCarryoverYear2
Total Excess Distri Carryover	30203125	TotalExcessDistriCarryover
Qualifying Distributions	2780250	QualifyingDistributions
Applied To Current Year	2926	AppliedToCurrentYear
Remaining Distri From Corpus	2777324	RemainingDistriFromCorpus
Total Corpus	32980449	TotalCorpus
Undistributed Income CY	0	UndistributedIncomeCY
Excess Distri Cyov To Next Year	32980449	ExcessDistriCyovToNextYear
Excess From Year2	30203125	ExcessFromYear2
Excess From Current Year	2777324	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	$556,050
SAUL SCHOTTENSTEIIN FOUNDATION D
107 S HIGH ST 3RD FL	COLUMBUS	OH	43215	501(C)3	TO SUPPORT CHARITABLE PROGRAMMING	$556,050
SAUL SCHOTTENSTEIN FOUNDATION A
2 MIRANOVA PL STE 600	COLUMBUS	OH	43215	501(C)3	TO SUPPORT CHARITABLE PROGRAMMING	$556,050
SAUL SCHOTTENSTEIN FOUNDATION B
3512 AULTWOOD LANE	CINCINNATI	OH	43208	501(C)3	TO SUPPORT CHARITABLE PROGAMMING	$556,050
COLUMBUS JEWISH FOUNDATION
1175 COLLEGE AVENUE	COLUMBUS	OH	43209	501(C)3	TO SUPPORT CHARITABLE PROGRAMMING	$556,050	SAUL SCHOTTENSTEIN MEMORIAL FUND

Field	Value	IRS element (for citing)
Tot Grant Or Contri Paid During Year	2780250	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	$22	ExclusionAmount

Subtotals Part XVIA SubtotalsPartXVIA

Field	Value	IRS element (for citing)
Exclusion	$22	ExclusionAmount

Field	Value	IRS element (for citing)
Total Part XVIA	22	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 (2 entries)

Contributor NumberContributorNumber	Contributor Name IndividualContributorNameIndividual	Address Line1ContributorAddressUS/AddressLine1	CityContributorAddressUS/City	StateContributorAddressUS/State	ZIP CodeContributorAddressUS/ZIPCode	Aggregate ContributionsAggregateContributions	Person Contribution TypePersonContributionType	Noncash Contribution TypeNoncashContributionType
1	ESTATE OF SAUL SCHOTTENSTEIN	4300 E FIFTH AVENUE	COLUMBUS	OH	432191816	2185745	X
2	ESTATE OF SAUL SCHOTTENSTEIN	4300 E FIFTH AVENUE	COLUMBUS	OH	432191816	595250		X

Noncash Property NoncashProperty

Field	Value	IRS element (for citing)
Contributor Number From Part I	2	ContributorNumberFromPartI
Noncash Property Description	50,000 SHS RETAIL VENTURES, INC	NoncashPropertyDescription
Fair Market Value	886000	FairMarketValue
Date Received	2011-02-10	DateReceived

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees AccountingFees

Field	Value	IRS element (for citing)
Category	INDIRECT ACCOUNTING FEES	Category
Amount	$1,500	Amount
Net Investment Income	1500	NetInvestmentIncome

Compensation Explanation CompensationExplanation

Compensation Compensation (5 entries)

JAY SCHOTTENSTEIN
SUSAN DIAMOND
WILLIAM SCHOTTENSTEIN
THOMAS SCHOTTENSTEIN
JEFFREY HARRIS

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees OtherProfessionalFees

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

Comments