WOLF CHARITABLE FOUNDATION: Form 990PF, tax year 2011

View the entire original 990 at ProPublica ↗

Organization: WOLF CHARITABLE FOUNDATION (EIN 20-8069029)
Tax period: 2011-01-01 to 2011-12-31
Filed: 2012-11-16
IRS object ID: 201213219349100701
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
General Explanation Attachment
Investments Corp Stock Schedule
Other Expenses Schedule
Taxes Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2012-11-16T09:59:33-00:00	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	Foundation Source	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	55 Walls Drive	AddressLine1
City	Fairfield	City
State	CT	State
ZIP Code	06824	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	208069029	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	Wolf Charitable Foundation	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	WOLF	NameControl
Phone	8008391754	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	Foundation Source 501 Silverside Rd	AddressLine1
City	Wilmington	City
State	DE	State
ZIP Code	198091377	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	Eugene M Wolf	Name
Title	President	Title
Date Signed	2012-11-16	DateSigned
Authorize Third Party	true	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	Jeffrey D Haskell	Name
Phone	8008391754	Phone
Date Prepared	2012-11-16	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	408904	FMVAssetsEOY
Method Of Accounting Cash	X	MethodOfAccountingCash

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Field	Value	IRS element (for citing)
Not Required To Attach Schedule B	X	NotRequiredToAttachScheduleB
Dividends Rev And Expnss	5803	DividendsRevAndExpnss
Dividends Net Invst Incm	5803	DividendsNetInvstIncm
Net Gain Sale Assets Rev And Expnss	31197	NetGainSaleAssetsRevAndExpnss
Gross Sales Price	37201	GrossSalesPrice
Capital Gain Net Incm Net Invst Incm	34357	CapitalGainNetIncmNetInvstIncm
Total Revenue And Expenses	37000	TotalRevenueAndExpenses
Total Net Investment Income	40160	TotalNetInvestmentIncome
Taxes Rev And Expnss	472	TaxesRevAndExpnss
Other Expenses Rev And Expnss	7320	OtherExpensesRevAndExpnss
Other Expenses Net Invst Incm	85	OtherExpensesNetInvstIncm
Other Expenses Dsbrs Chrtbl Prps	7235	OtherExpensesDsbrsChrtblPrps
Tot Opr Expenses Rev And Expnss	7792	TotOprExpensesRevAndExpnss
Tot Opr Expenses Net Invst Incm	85	TotOprExpensesNetInvstIncm
Tot Opr Expenses Dsbrs Chrtbl Prps	7235	TotOprExpensesDsbrsChrtblPrps
Contri Gifts Paid Rev And Expnss	30500	ContriGiftsPaidRevAndExpnss
Contri Gifts Paid Dsbrs Chrtbl Prps	30500	ContriGiftsPaidDsbrsChrtblPrps
Total Expenses Rev And Expnss	38292	TotalExpensesRevAndExpnss
Total Expenses Net Invst Incm	85	TotalExpensesNetInvstIncm
Total Expenses Dsbrs Chrtbl Prps	37735	TotalExpensesDsbrsChrtblPrps
Excess Of Revenue Over Expenses	-1292	ExcessOfRevenueOverExpenses
Net Investment Income	40075	NetInvestmentIncome

Balance Sheets BalanceSheets

Field	Value	IRS element (for citing)
Savings And Temp Cash Invst BOY	2316	SavingsAndTempCashInvstBOY
Savings And Temp Cash Invst EOY	7028	SavingsAndTempCashInvstEOY
Savings And Temp Cash Invst EOYFMV	7028	SavingsAndTempCashInvstEOYFMV
Investments Corp Stock BOY	212679	InvestmentsCorpStockBOY
Investments Corp Stock EOY	206675	InvestmentsCorpStockEOY
Investments Corp Stock EOYFMV	401876	InvestmentsCorpStockEOYFMV
Total Assets BOY	214995	TotalAssetsBOY
Total Assets EOY	213703	TotalAssetsEOY
Total Assets EOYFMV	408904	TotalAssetsEOYFMV
Total Liabilities EOY	0	TotalLiabilitiesEOY
Org That Do Not Follow SFAS117	X	OrgThatDoNotFollowSFAS117
Retained Earnings BOY	214995	RetainedEarningsBOY
Retained Earnings EOY	213703	RetainedEarningsEOY
Total Net Assets BOY	214995	TotalNetAssetsBOY
Total Net Assets EOY	213703	TotalNetAssetsEOY
Total Liabilities Net Assets BOY	214995	TotalLiabilitiesNetAssetsBOY
Total Liabilities Net Assets EOY	213703	TotalLiabilitiesNetAssetsEOY

Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances

Field	Value	IRS element (for citing)
Total Net Assets Fund Balances BOY	214995	TotalNetAssetsFundBalancesBOY
Excess Of Revenue Over Expenses	-1292	ExcessOfRevenueOverExpenses
Subtotal	213703	Subtotal
Total Net Assets Fund Balances EOY	213703	TotalNetAssetsFundBalancesEOY

Capital Gains And Losses CapitalGainsAndLosses

Capital Gains And Losses Info CapitalGainsAndLossesInfo

Field	Value	IRS element (for citing)
Description Of Asset	Publicly-traded Securities	DescriptionOfAsset
Gross Sales Price	37201	GrossSalesPrice
Cost Or Other Basis	2844	CostOrOtherBasis
Gain Or Loss	34357	GainOrLoss
Gains Minus Excess Or Losses	34357	GainsMinusExcessOrLosses

Field	Value	IRS element (for citing)
Capital Gain Net Income	34357	CapitalGainNetIncome

Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax

Field	Value	IRS element (for citing)
Liable For4942 Tax	false	LiableFor4942Tax
Qualifying Distributions Year1	29866	QualifyingDistributionsYear1
Noncharitable Assets Year1	596738	NoncharitableAssetsYear1
Distribution Ratio Year1	000.050049	DistributionRatioYear1
Qualifying Distributions Year2	23719	QualifyingDistributionsYear2
Noncharitable Assets Year2	562162	NoncharitableAssetsYear2
Distribution Ratio Year2	000.042192	DistributionRatioYear2
Qualifying Distributions Year3	10510	QualifyingDistributionsYear3
Noncharitable Assets Year3	487802	NoncharitableAssetsYear3
Distribution Ratio Year3	000.021546	DistributionRatioYear3
Qualifying Distributions Year4	7038	QualifyingDistributionsYear4
Noncharitable Assets Year4	317721	NoncharitableAssetsYear4
Distribution Ratio Year4	000.022152	DistributionRatioYear4
Noncharitable Assets Year5	240734	NoncharitableAssetsYear5
Total Distribution Ratio	000.135939	TotalDistributionRatio
Average Distribution Ratio	000.027188	AverageDistributionRatio
Net Noncharitable Assets	514645	NetNoncharitableAssets
Adjusted Noncharitable Assets	13992	AdjustedNoncharitableAssets
One Percent Net Investment Income	401	OnePercentNetInvestmentIncome
Adj Nonchrtbl Assets And One	14393	AdjNonchrtblAssetsAndOnePct
Qualifying Distributions	37735	QualifyingDistributions

Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm

Field	Value	IRS element (for citing)
Domestic Org Meeting Sect4940e	X	DomesticOrgMeetingSect4940e
Investment Income Excise Tax	401	InvestmentIncomeExciseTax
Subtotal	401	Subtotal
Tax Based On Investment Income	401	TaxBasedOnInvestmentIncome
Est Tax Payments And Overpayment	306	EstTaxPaymentsAndOverpayment
Tax Paid With Extension	105	TaxPaidWithExtension
Total Credits And Payments	411	TotalCreditsAndPayments
Tax Paid Original Return	411	TaxPaidOriginalReturn
Overpayment	10	Overpayment
Amount Credited To Next Year	10	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	false	TerminationEtc
Requirements Of Sect508e	true	RequirementsOfSect508e
At Least5000 In Assets	true	AtLeast5000InAssets
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

Books In Care Of Business Name BooksInCareOfBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	Foundation Source	BusinessNameLine1

Field	Value	IRS element (for citing)
Books In Care Of Phone Number	8008391754	BooksInCareOfPhoneNumber

Books In Care Of US Address BooksInCareOfUSAddress

Field	Value	IRS element (for citing)
Address Line1	501 Silverside Road Suite 123	AddressLine1
City	Wilmington	City
State	DE	State
ZIP Code	198091377	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
Uncorrected Prior Acts	false	UncorrectedPriorActs
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
Pay Premiums Prsnl Bnft Contract	false	PayPremiumsPrsnlBnftContract
Prohibited Tax Shelter Transactn	false	ProhibitedTaxShelterTransactn
Proceeds Or Net Income	true	ProceedsOrNetIncome

Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo

Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee

Field	Value	IRS element (for citing)
Person Name	Eugene M Wolf	PersonName

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	Foundation Source 501 Silverside Rd	AddressLine1
City	Wilmington	City
State	DE	State
ZIP Code	19809	ZIPCode

Field	Value	IRS element (for citing)
Title	President / Director / Secretary	Title
Avg Hours Per Wk Devoted To Position	001.00	AvgHoursPerWkDevotedToPosition
Compensation	0	Compensation

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

Minimum Investment Return MinimumInvestmentReturn

Field	Value	IRS element (for citing)
Avg Monthly FMV Of Securities	511393	AvgMonthlyFMVOfSecurities
Avg Monthly Cash Balances	11089	AvgMonthlyCashBalances
FMV All Other Noncharitable Assets	0	FMVAllOtherNoncharitableAssets
Total FMV Of Unused Assets	522482	TotalFMVOfUnusedAssets
Adj Total FMV Of Unused Assets	522482	AdjTotalFMVOfUnusedAssets
Cash Deemed Charitable	7837	CashDeemedCharitable
Net Noncharitable Assets	514645	NetNoncharitableAssets
Minimum Investment Return	25732	MinimumInvestmentReturn

Distributable DistributableAmount

Field	Value	IRS element (for citing)
Minimum Investment Return	25732	MinimumInvestmentReturn
Tax Based On Investment Income	401	TaxBasedOnInvestmentIncome
Total Tax	401	TotalTax
Distributable Amount Before Adj	25331	DistributableAmountBeforeAdj
Distributable Amount Before Ded	25331	DistributableAmountBeforeDed
Distributable Amount As Adjusted	25331	DistributableAmountAsAdjusted

Qualifying Distributions QualifyingDistributions

Field	Value	IRS element (for citing)
Expenses And Contributions	37735	ExpensesAndContributions
Qualifying Distributions	37735	QualifyingDistributions
One Pct Sect4940e Org Net Invst Incm	401	OnePctSect4940eOrgNetInvstIncm
Adj Qualifying Distributions	37334	AdjQualifyingDistributions

Undistributed Income UndistributedIncome

Field	Value	IRS element (for citing)
Distributable Amount As Adjusted	25331	DistributableAmountAsAdjusted
Undistributed Income Prior Year	26571	UndistributedIncomePriorYear
Qualifying Distributions	37735	QualifyingDistributions
Applied To Year1	26571	AppliedToYear1
Applied To Current Year	11164	AppliedToCurrentYear
Undistributed Income CY	14167	UndistributedIncomeCY

Supplementary Information SupplementaryInformation

Field	Value	IRS element (for citing)
Contributing Manager	Eugene M Wolf	ContributingManager
Only Contributes To Preselected	X	OnlyContributesToPreselected

Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (3 entries)

Address Line1RecipientUSAddress/AddressLine1	CityRecipientUSAddress/City	StateRecipientUSAddress/State	ZIP CodeRecipientUSAddress/ZIPCode	Recipient RelationshipRecipientRelationship	Recipient Foundation StatusRecipientFoundationStatus	Purpose Of Grant Or ContributionPurposeOfGrantOrContribution	AmountAmount
JEWISH COMMUNITY FEDERATION
121 STEUART ST	SAN FRANCISCO	CA	94105	N/A	509(a)(1)	General Unrestricted	$7,500
MARIN CATHOLIC HIGH SCHOOL
675 SIR FRANCIS DRAVE BLVD	KENTFIELD	CA	94904	N/A	509(a)(1)	General Unrestricted	$22,000
WORLD JEWISH CONGRESS AMERICAN SECT
501 MADISON AVE	NEW YORK	NY	10022	N/A	509(a)(1)	General Unrestricted	$1,000

Field	Value	IRS element (for citing)
Tot Grant Or Contri Paid During Year	30500	TotGrantOrContriPaidDuringYear

Analysis Income Producing Acty AnalysisIncomeProducingActy

Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII

Field	Value	IRS element (for citing)
Exclusion Code	14	ExclusionCode
Exclusion	$5,803	ExclusionAmount

Gain Sales Assets Oth Than Invntry GainSalesAssetsOthThanInvntry

Field	Value	IRS element (for citing)
Exclusion Code	18	ExclusionCode
Exclusion	$31,197	ExclusionAmount

Subtotals Part XVIA SubtotalsPartXVIA

Field	Value	IRS element (for citing)
Exclusion	$37,000	ExclusionAmount

Field	Value	IRS element (for citing)
Total Part XVIA	37000	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

General Explanation Attachment GeneralExplanationAttachment

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corp Stock InvestmentsCorpStock (2 entries)

Name Of StockNameOfStock	EOY Book ValueEOYBookValue	EOYFMVEOYFMV
8500 shares of ABB LTD. ABB	151385	160055
14550 shares of BIOSPECIFICS TECHNOLOGIES CORP BSTC	55290	241821

Other Expenses Schedule OtherExpensesSchedule

Other Expenses OtherExpenses (3 entries)

DescriptionDescription	Revenue And Expenses Per BooksRevenueAndExpensesPerBooks	Disbursements Charitable PrpsDisbursementsCharitablePrps	Net Investment IncomeNetInvestmentIncome
Administrative Fees	7210	7210
Bank Charges	85		85
State or Local Filing Fees	25	25

Taxes Schedule TaxesSchedule

Taxes Taxes (2 entries)

CategoryCategory	AmountAmount	Net Investment IncomeNetInvestmentIncome	Adjusted Net IncomeAdjustedNetIncome	Disbursements Charitable PrpsDisbursementsCharitablePrps
Estimated Tax for 2011	$300	0	0	0
IRS Excise Tax Payment with 1st ext 2010 990PF	$172	0	0	0

WOLF CHARITABLE FOUNDATION: Form 990PF, tax year 2011

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

Capital Gains And Losses CapitalGainsAndLosses

Capital Gains And Losses Info CapitalGainsAndLossesInfo

Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax

Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm

Statements Regarding Activities StatementsRegardingActivities

Books In Care Of Business Name BooksInCareOfBusinessName

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

US Address USAddress

Minimum Investment Return MinimumInvestmentReturn

Distributable DistributableAmount

Qualifying Distributions QualifyingDistributions

Undistributed Income UndistributedIncome

Supplementary Information SupplementaryInformation

Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (3 entries)

Analysis Income Producing Acty AnalysisIncomeProducingActy

Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII

Gain Sales Assets Oth Than Invntry GainSalesAssetsOthThanInvntry

Subtotals Part XVIA SubtotalsPartXVIA

Trnsfr Tr Rln With Noncharitable EO TrnsfrTrRlnWithNoncharitableEO

General Explanation Attachment GeneralExplanationAttachment

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corp Stock InvestmentsCorpStock (2 entries)

Other Expenses Schedule OtherExpensesSchedule

Other Expenses OtherExpenses (3 entries)

Taxes Schedule TaxesSchedule

Taxes Taxes (2 entries)

Comments