BONNEY FAMILY FOUNDATION INC: Form 990PF, tax year 2011

View the entire original 990 at ProPublica ↗

Organization
BONNEY FAMILY FOUNDATION INC (EIN 01-0568837)
Tax period
2011-01-01 to 2011-12-31
Filed
2012-05-14
IRS object ID
201221359349101267
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)
Timestamp2012-05-14T10:47:51-05:00Timestamp
Tax Period End Date2011-12-31TaxPeriodEndDate

Preparer Firm PreparerFirm

FieldValueIRS element (for citing)
EIN043064987EIN

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1FLANIGAN COTILLO & MAINZER LLPBusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line11881 WORCESTER ROAD SUITE 200AddressLine1
CityFRAMINGHAMCity
StateMAState
ZIP Code017015406ZIPCode
FieldValueIRS element (for citing)
Return Type990PFReturnType
Tax Period Begin Date2011-01-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN010568837EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1BONNEY FAMILY FOUNDATION INCBusinessNameLine1
FieldValueIRS element (for citing)
Name ControlBONNNameControl
Phone9784409165Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line1391 CONCORD ROADAddressLine1
CitySUDBURYCity
StateMAState
ZIP Code01776ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameMICHAEL BONNEYName
TitlePRESIDENTTitle
Phone9784409165Phone
Date Signed2012-05-04DateSigned
Authorize Third Party1AuthorizeThirdParty

Preparer Preparer

FieldValueIRS element (for citing)
NameDANIEL B MAINZERName
PTINP00170531PTIN
Phone5086261991Phone
Date Prepared2012-05-04DatePrepared
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 EOY279830FMVAssetsEOY
Method Of Accounting CashXMethodOfAccountingCash

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Received Rev And Expnss78000ContriReceivedRevAndExpnss
Dividends Rev And Expnss3929DividendsRevAndExpnss
Dividends Net Invst Incm3929DividendsNetInvstIncm
Net Gain Sale Assets Rev And Expnss12414NetGainSaleAssetsRevAndExpnss
Gross Sales Price62608GrossSalesPrice
Capital Gain Net Incm Net Invst Incm12414CapitalGainNetIncmNetInvstIncm
Total Revenue And Expenses94343TotalRevenueAndExpenses
Total Net Investment Income16343TotalNetInvestmentIncome
Comp Ofcr Dir Trst Rev And Expnss0CompOfcrDirTrstRevAndExpnss
Comp Ofcr Dir Trst Net Invst Incm0CompOfcrDirTrstNetInvstIncm
Comp Ofcr Dir Trst Dsbrs Chrtbl Prps0CompOfcrDirTrstDsbrsChrtblPrps
Accounting Fees Rev And Expnss1825AccountingFeesRevAndExpnss
Accounting Fees Net Invst Incm1825AccountingFeesNetInvstIncm
Accounting Fees Dsbrs Chrtbl Prps0AccountingFeesDsbrsChrtblPrps
Other Prof Fees Rev And Expnss2409OtherProfFeesRevAndExpnss
Other Prof Fees Net Invst Incm2409OtherProfFeesNetInvstIncm
Other Prof Fees Dsbrs Chrtbl Prps0OtherProfFeesDsbrsChrtblPrps
Taxes Rev And Expnss104TaxesRevAndExpnss
Taxes Net Invst Incm104TaxesNetInvstIncm
Taxes Dsbrs Chrtbl Prps0TaxesDsbrsChrtblPrps
Tot Opr Expenses Rev And Expnss4338TotOprExpensesRevAndExpnss
Tot Opr Expenses Net Invst Incm4338TotOprExpensesNetInvstIncm
Tot Opr Expenses Dsbrs Chrtbl Prps0TotOprExpensesDsbrsChrtblPrps
Contri Gifts Paid Rev And Expnss60000ContriGiftsPaidRevAndExpnss
Contri Gifts Paid Dsbrs Chrtbl Prps60000ContriGiftsPaidDsbrsChrtblPrps
Total Expenses Rev And Expnss64338TotalExpensesRevAndExpnss
Total Expenses Net Invst Incm4338TotalExpensesNetInvstIncm
Total Expenses Dsbrs Chrtbl Prps60000TotalExpensesDsbrsChrtblPrps
Excess Of Revenue Over Expenses30005ExcessOfRevenueOverExpenses
Net Investment Income12005NetInvestmentIncome

Balance Sheets BalanceSheets

FieldValueIRS element (for citing)
Savings And Temp Cash Invst BOY5573SavingsAndTempCashInvstBOY
Savings And Temp Cash Invst EOY79187SavingsAndTempCashInvstEOY
Savings And Temp Cash Invst EOYFMV79187SavingsAndTempCashInvstEOYFMV
Other Assets BOY233890OtherAssetsBOY
Other Assets EOY190281OtherAssetsEOY
Other Assets EOYFMV200643OtherAssetsEOYFMV
Total Assets BOY239463TotalAssetsBOY
Total Assets EOY269468TotalAssetsEOY
Total Assets EOYFMV279830TotalAssetsEOYFMV
Total Liabilities BOY0TotalLiabilitiesBOY
Total Liabilities EOY0TotalLiabilitiesEOY
Org That Do Not Follow SFAS117XOrgThatDoNotFollowSFAS117
Capital Stock BOY750000CapitalStockBOY
Capital Stock EOY750000CapitalStockEOY
Paid In Or Capital Surplus BOY0PaidInOrCapitalSurplusBOY
Paid In Or Capital Surplus EOY0PaidInOrCapitalSurplusEOY
Retained Earnings BOY-510537RetainedEarningsBOY
Retained Earnings EOY-480532RetainedEarningsEOY
Total Net Assets BOY239463TotalNetAssetsBOY
Total Net Assets EOY269468TotalNetAssetsEOY
Total Liabilities Net Assets BOY239463TotalLiabilitiesNetAssetsBOY
Total Liabilities Net Assets EOY269468TotalLiabilitiesNetAssetsEOY

Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances

FieldValueIRS element (for citing)
Total Net Assets Fund Balances BOY239463TotalNetAssetsFundBalancesBOY
Excess Of Revenue Over Expenses30005ExcessOfRevenueOverExpenses
Other Increases0OtherIncreases
Subtotal269468Subtotal
Other Decreases0OtherDecreases
Total Net Assets Fund Balances EOY269468TotalNetAssetsFundBalancesEOY

Capital Gains And Losses CapitalGainsAndLosses

Capital Gains And Losses Info CapitalGainsAndLossesInfo (3 entries)

Description Of AssetDescriptionOfAssetHow AcquiredHowAcquiredDate AcquiredDateAcquiredDate SoldDateSoldGross Sales PriceGrossSalesPriceCost Or Other BasisCostOrOtherBasisGain Or LossGainOrLossGains Minus Excess Or LossesGainsMinusExcessOrLosses
NATIONAL FINANCIAL SERVICES #B36-185558P2010-12-082011-05-101496214079883883
NATIONAL FINANCIAL SERVICES #B36-185558P2002-04-242011-05-10448863611587718771
CAPITAL GAINS DIVIDENDSP276027602760
FieldValueIRS element (for citing)
Capital Gain Net Income12414CapitalGainNetIncome

Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax

FieldValueIRS element (for citing)
Liable For4942 Tax0LiableFor4942Tax
Qualifying Distributions Year150000QualifyingDistributionsYear1
Noncharitable Assets Year1274288NoncharitableAssetsYear1
Distribution Ratio Year10.182290DistributionRatioYear1
Qualifying Distributions Year249996QualifyingDistributionsYear2
Noncharitable Assets Year2249302NoncharitableAssetsYear2
Distribution Ratio Year20.200544DistributionRatioYear2
Qualifying Distributions Year3106467QualifyingDistributionsYear3
Noncharitable Assets Year3401031NoncharitableAssetsYear3
Distribution Ratio Year30.265483DistributionRatioYear3
Qualifying Distributions Year4176533QualifyingDistributionsYear4
Noncharitable Assets Year4569123NoncharitableAssetsYear4
Distribution Ratio Year40.310184DistributionRatioYear4
Qualifying Distributions Year515000QualifyingDistributionsYear5
Noncharitable Assets Year5610796NoncharitableAssetsYear5
Distribution Ratio Year50.024558DistributionRatioYear5
Total Distribution Ratio0.983059TotalDistributionRatio
Average Distribution Ratio0.196612AverageDistributionRatio
Net Noncharitable Assets272464NetNoncharitableAssets
Adjusted Noncharitable Assets53570AdjustedNoncharitableAssets
One Percent Net Investment Income120OnePercentNetInvestmentIncome
Adj Nonchrtbl Assets And One53690AdjNonchrtblAssetsAndOnePct
Qualifying Distributions60000QualifyingDistributions

Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm

FieldValueIRS element (for citing)
Domestic Org Meeting Sect4940eXDomesticOrgMeetingSect4940e
Investment Income Excise Tax120InvestmentIncomeExciseTax
Tax Under Section5110TaxUnderSection511
Subtotal120Subtotal
Subtitle A Tax0SubtitleATax
Tax Based On Investment Income120TaxBasedOnInvestmentIncome
Est Tax Payments And Overpayment536EstTaxPaymentsAndOverpayment
Total Credits And Payments536TotalCreditsAndPayments
Overpayment416Overpayment
Amount Credited To Next Year416AmountCreditedToNextYear
Amount To Be Refunded0AmountToBeRefunded

Statements Regarding Activities StatementsRegardingActivities

FieldValueIRS element (for citing)
Legislative Political Activities0LegislativePoliticalActivities
More Than100 Spent0MoreThan100Spent
Form1120 POL Filed0Form1120POLFiled
Sect4955 Tax On Organization0Sect4955TaxOnOrganization
Sect4955 Tax On Managers0Sect4955TaxOnManagers
Reimbursement Of Tax0ReimbursementOfTax
Activities Not Prev Reported0ActivitiesNotPrevReported
Changes To Articles Or Bylaws0ChangesToArticlesOrBylaws
Unrelated Bus Income Over10000UnrelatedBusIncomeOver1000
Termination Etc0TerminationEtc
Requirements Of Sect508e1RequirementsOfSect508e
At Least5000 In Assets1AtLeast5000InAssets
States Filed WithMAStatesFiledWith
Form990 PF Filed With AG1Form990PFFiledWithAG
Private Operating Foundation0PrivateOperatingFoundation
New Substantial Contributors0NewSubstantialContributors
Interest In Controlled Entity0InterestInControlledEntity
Applicable Insurance Contract0ApplicableInsuranceContract
Comply With Public Inspection Rqr1ComplyWithPublicInspectionRqr
Website AddressN/AWebsiteAddress
Books In Care Of Person NameALISON G BONNEYBooksInCareOfPersonName
Books In Care Of Phone Number9784409165BooksInCareOfPhoneNumber

Books In Care Of US Address BooksInCareOfUSAddress

FieldValueIRS element (for citing)
Address Line1391 CONCORD ROADAddressLine1
CitySUDBURYCity
StateMAState
ZIP Code01776ZIPCode
FieldValueIRS element (for citing)
Foreign Bank0ForeignBank

Statements Regarding Acty4720 StatementsRegardingActy4720

FieldValueIRS element (for citing)
Sale Or Exchange With Dsqfly Person0SaleOrExchangeWithDsqflyPerson
Borrow Or Lend With Dsqfly Person0BorrowOrLendWithDsqflyPerson
Furnished Goods With Dsqfly Person0FurnishedGoodsWithDsqflyPerson
Pay Compensation To Dsqfly Person0PayCompensationToDsqflyPerson
Transfer Assets To Dsqfly Person0TransferAssetsToDsqflyPerson
Payment To Government Offical0PaymentToGovernmentOffical
Uncorrected Prior Acts0UncorrectedPriorActs
Undistributed Income Prior Years0UndistributedIncomePriorYears
Business Holdings0BusinessHoldings
Jeopardy Investments0JeopardyInvestments
Uncorrected Jeopardy Investments0UncorrectedJeopardyInvestments
Influence Legislation0InfluenceLegislation
Influence Election0InfluenceElection
Grants To Individuals0GrantsToIndividuals
Grants To Organizations0GrantsToOrganizations
Noncharitable Purpose0NoncharitablePurpose
Rcv Funds To Pay Prsnl Bnft Contract0RcvFundsToPayPrsnlBnftContract
Pay Premiums Prsnl Bnft Contract0PayPremiumsPrsnlBnftContract
Prohibited Tax Shelter Transactn0ProhibitedTaxShelterTransactn

Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo

Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee (2 entries)

Address Line1USAddress/AddressLine1CityUSAddress/CityStateUSAddress/StateZIP CodeUSAddress/ZIPCodeTitleTitleAvg Hours Per Wk Devoted To PositionAvgHoursPerWkDevotedToPositionCompensationCompensationContri To Empl Benefit Plans EtcContriToEmplBenefitPlansEtcExpense Account Other AllowancesExpenseAccountOtherAllowances
MICHAEL W BONNEY
391 CONCORD ROADSUDBURYMA01776PRESIDENT1.00000
ALISON G BONNEY
391 CONCORD ROADSUDBURYMA01776TREASURER/CLERK1.00000
FieldValueIRS element (for citing)
Comp Of Highest Paid Empl NONENONECompOfHighestPaidEmplNONE
Tot Number Of Oth Empl Paid Over50k0TotNumberOfOthEmplPaidOver50k
Comp Of Hghst Paid Cntrct NONENONECompOfHghstPaidCntrctNONE
Tot Number Of Cntrct Paid Over50k0TotNumberOfCntrctPaidOver50k

Sum Of Program Related Investments SumOfProgramRelatedInvestments

FieldValueIRS element (for citing)
Total0Total

Minimum Investment Return MinimumInvestmentReturn

FieldValueIRS element (for citing)
Avg Monthly FMV Of Securities234233AvgMonthlyFMVOfSecurities
Avg Monthly Cash Balances42380AvgMonthlyCashBalances
FMV All Other Noncharitable Assets0FMVAllOtherNoncharitableAssets
Total FMV Of Unused Assets276613TotalFMVOfUnusedAssets
Reduction Claimed0ReductionClaimed
Acquisition Indebtedness0AcquisitionIndebtedness
Adj Total FMV Of Unused Assets276613AdjTotalFMVOfUnusedAssets
Cash Deemed Charitable4149CashDeemedCharitable
Net Noncharitable Assets272464NetNoncharitableAssets
Minimum Investment Return13623MinimumInvestmentReturn

Distributable DistributableAmount

FieldValueIRS element (for citing)
Minimum Investment Return13623MinimumInvestmentReturn
Tax Based On Investment Income120TaxBasedOnInvestmentIncome
Total Tax120TotalTax
Distributable Amount Before Adj13503DistributableAmountBeforeAdj
Recoveries Qlfy Distributions0RecoveriesQlfyDistributions
Distributable Amount Before Ded13503DistributableAmountBeforeDed
Deduction Fr Distributable$0DeductionFrDistributableAmount
Distributable Amount As Adjusted13503DistributableAmountAsAdjusted

Qualifying Distributions QualifyingDistributions

FieldValueIRS element (for citing)
Expenses And Contributions60000ExpensesAndContributions
Program Related Investments Total0ProgramRelatedInvestmentsTotal
Qualifying Distributions60000QualifyingDistributions
One Pct Sect4940e Org Net Invst Incm120OnePctSect4940eOrgNetInvstIncm
Adj Qualifying Distributions59880AdjQualifyingDistributions

Undistributed Income UndistributedIncome

FieldValueIRS element (for citing)
Distributable Amount As Adjusted13503DistributableAmountAsAdjusted
Undistributed Income Prior Year0UndistributedIncomePriorYear
Total For Prior Years0TotalForPriorYears
Excess Distri Carryover Year4149711ExcessDistriCarryoverYear4
Excess Distri Carryover Year386481ExcessDistriCarryoverYear3
Excess Distri Carryover Year237539ExcessDistriCarryoverYear2
Excess Distri Carryover Year136553ExcessDistriCarryoverYear1
Total Excess Distri Carryover310284TotalExcessDistriCarryover
Qualifying Distributions60000QualifyingDistributions
Applied To Year10AppliedToYear1
Applied To Prior Years0AppliedToPriorYears
Treated As Distri From Corpus0TreatedAsDistriFromCorpus
Applied To Current Year13503AppliedToCurrentYear
Remaining Distri From Corpus46497RemainingDistriFromCorpus
Excess Distri Cyov App CY Corpus0ExcessDistriCyovAppCYCorpus
Excess Distri Cyov Applied CY0ExcessDistriCyovAppliedCY
Total Corpus356781TotalCorpus
Prior Year Undistributed Income0PriorYearUndistributedIncome
Prior Year Deficiency Or Tax0PriorYearDeficiencyOrTax
Taxable Amount10TaxableAmount1
Taxable Amount20TaxableAmount2
Undistributed Income CY0UndistributedIncomeCY
Distri From Corpus170b1 E Or4942g30DistriFromCorpus170b1EOr4942g3
Excess Distri Cyov From Year50ExcessDistriCyovFromYear5
Excess Distri Cyov To Next Year356781ExcessDistriCyovToNextYear
Excess From Year4149711ExcessFromYear4
Excess From Year386481ExcessFromYear3
Excess From Year237539ExcessFromYear2
Excess From Year136553ExcessFromYear1
Excess From Current Year46497ExcessFromCurrentYear

Supplementary Information SupplementaryInformation

FieldValueIRS element (for citing)
Contributing ManagerMICHAEL W BONNEYContributingManager
Contributing ManagerALISON G BONNEYContributingManager
Only Contributes To PreselectedXOnlyContributesToPreselected

Grant Or Contri Paid During Year GrantOrContriPaidDuringYear

Recipient Business Name RecipientBusinessName

FieldValueIRS element (for citing)
Business Name Line1BATES COLLEGEBusinessNameLine1

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line12 ANDREWS ROADAddressLine1
CityLEWISTONCity
StateMEState
ZIP Code04240ZIPCode
FieldValueIRS element (for citing)
Recipient RelationshipNONERecipientRelationship
Recipient Foundation StatusPUBLICRecipientFoundationStatus
Purpose Of Grant Or ContributionSUPPORTPurposeOfGrantOrContribution
Amount$60,000Amount
FieldValueIRS element (for citing)
Tot Grant Or Contri Paid During Year60000TotGrantOrContriPaidDuringYear
Tot Grant Or Contri Approved Future0TotGrantOrContriApprovedFuture

Analysis Income Producing Acty AnalysisIncomeProducingActy

Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII

FieldValueIRS element (for citing)
Exclusion Code14ExclusionCode
Exclusion$3,929ExclusionAmount

Gain Sales Assets Oth Than Invntry GainSalesAssetsOthThanInvntry

FieldValueIRS element (for citing)
Exclusion Code18ExclusionCode
Exclusion$12,414ExclusionAmount

Subtotals Part XVIA SubtotalsPartXVIA

FieldValueIRS element (for citing)
Unrelated Business Income$0UnrelatedBusinessIncomeAmount
Exclusion$16,343ExclusionAmount
Related Or Exempt Function Income0RelatedOrExemptFunctionIncome
FieldValueIRS element (for citing)
Total Part XVIA16343TotalPartXVIA

Trnsfr Tr Rln With Noncharitable EO TrnsfrTrRlnWithNoncharitableEO

FieldValueIRS element (for citing)
Trnsfr Of Cash To Noncharitable EO0TrnsfrOfCashToNoncharitableEO
Trnsfr Oth Assets Noncharitable EO0TrnsfrOthAssetsNoncharitableEO
Sales Or Exchanges Of Assets0SalesOrExchangesOfAssets
Purchase Assets Noncharitable EO0PurchaseAssetsNoncharitableEO
Rental Of Facilities Etc0RentalOfFacilitiesEtc
Reimbursement Arrangements0ReimbursementArrangements
Loans Or Loan Guarantees0LoansOrLoanGuarantees
Performance Of Services Etc0PerformanceOfServicesEtc
Sharing Of Facilities Etc0SharingOfFacilitiesEtc
Relationships Noncharitable E Os0RelationshipsNoncharitableEOs

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
1MICHAEL W BONNEY391 CONCORD ROADSUDBURYMA0177639000X
2ALISON G BONNEY391 CONCORD ROADSUDBURYMA0177639000X

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees AccountingFees

FieldValueIRS element (for citing)
CategoryACCOUNTING FEECategory
Amount$1,825Amount
Net Investment Income1825NetInvestmentIncome
Disbursements Charitable Prps0DisbursementsCharitablePrps

Other Assets Schedule OtherAssetsSchedule

Other Assets OtherAssets

FieldValueIRS element (for citing)
DescriptionMUTUAL FUNDSDescription
BOY Book Value233890BOYBookValue
EOY Book Value190281EOYBookValue
EOYFMV200643EOYFMV

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees OtherProfessionalFees

FieldValueIRS element (for citing)
CategoryINVESTMENT MANAGEMENT FEECategory
Amount$2,409Amount
Net Investment Income2409NetInvestmentIncome
Disbursements Charitable Prps0DisbursementsCharitablePrps

Taxes Schedule TaxesSchedule

Taxes Taxes

FieldValueIRS element (for citing)
CategoryFOREIGN TAXCategory
Amount$104Amount
Net Investment Income104NetInvestmentIncome
Disbursements Charitable Prps0DisbursementsCharitablePrps

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