JOSEPH AND ROBERT CORNELL MEMORIAL FOUNDATION: Form 990PF, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- JOSEPH AND ROBERT CORNELL MEMORIAL FOUNDATION (EIN 13-3097502)
- Tax period
- 2011-01-01 to 2011-12-31
- Filed
- 2012-07-09
- IRS object ID
- 201231919349100153
- 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
- Accounting Fees Schedule
- Depreciation Schedule
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Land Etc Schedule2
- Legal Fees Schedule
- Other Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2012-07-09T09:23:54-05:00 | Timestamp |
| Tax Period End Date | 2011-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 411944416 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MCGLADREY LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1185 AVENUE OF THE AMERICAS | AddressLine1 |
| City | NEW YORK | City |
| State | NY | State |
| ZIP Code | 100362602 | 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 | 133097502 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE JOSEPH AND ROBERT CORNELL MEMORIAL FOUNDATION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | JOSE | NameControl |
| Phone | 2123721000 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 550 SE MIZNER BLVD | AddressLine1 |
| City | BOCA RATON | City |
| State | FL | State |
| ZIP Code | 33432 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | JOSEPH ERDMAN | Name |
| Title | TRUSTEE | Title |
| Phone | 2123721000 | Phone |
| Date Signed | 2012-06-13 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | MARTIN GREIF | Name |
| PTIN | P00029738 | PTIN |
| Phone | 2123721000 | Phone |
| 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) |
|---|---|---|
| Address Change | X | AddressChange |
| Exempt PF | X | ExemptPF |
| FMV Assets EOY | 68059878 | 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 |
| Interest On Savings Rev And Expnss | 1497 | InterestOnSavingsRevAndExpnss |
| Interest On Savings Net Invst Incm | 1497 | InterestOnSavingsNetInvstIncm |
| Dividends Rev And Expnss | 2540063 | DividendsRevAndExpnss |
| Dividends Net Invst Incm | 2540063 | DividendsNetInvstIncm |
| Net Gain Sale Assets Rev And Expnss | 2287963 | NetGainSaleAssetsRevAndExpnss |
| Gross Sales Price | 7648516 | GrossSalesPrice |
| Capital Gain Net Incm Net Invst Incm | 2287963 | CapitalGainNetIncmNetInvstIncm |
| Other Income Rev And Expnss | 14073 | OtherIncomeRevAndExpnss |
| Other Income Net Invst Incm | 14073 | OtherIncomeNetInvstIncm |
| Total Revenue And Expenses | 4843596 | TotalRevenueAndExpenses |
| Total Net Investment Income | 4843596 | TotalNetInvestmentIncome |
| Comp Ofcr Dir Trst Rev And Expnss | 250643 | CompOfcrDirTrstRevAndExpnss |
| Comp Ofcr Dir Trst Net Invst Incm | 156652 | CompOfcrDirTrstNetInvstIncm |
| Comp Ofcr Dir Trst Dsbrs Chrtbl Prps | 93991 | CompOfcrDirTrstDsbrsChrtblPrps |
| Legal Fees Rev And Expnss | 46509 | LegalFeesRevAndExpnss |
| Legal Fees Net Invst Incm | 0 | LegalFeesNetInvstIncm |
| Legal Fees Dsbrs Chrtbl Prps | 46509 | LegalFeesDsbrsChrtblPrps |
| Accounting Fees Rev And Expnss | 101485 | AccountingFeesRevAndExpnss |
| Accounting Fees Net Invst Incm | 6643 | AccountingFeesNetInvstIncm |
| Accounting Fees Dsbrs Chrtbl Prps | 94842 | AccountingFeesDsbrsChrtblPrps |
| Other Prof Fees Rev And Expnss | 62501 | OtherProfFeesRevAndExpnss |
| Other Prof Fees Net Invst Incm | 62501 | OtherProfFeesNetInvstIncm |
| Other Prof Fees Dsbrs Chrtbl Prps | 0 | OtherProfFeesDsbrsChrtblPrps |
| Taxes Rev And Expnss | 80000 | TaxesRevAndExpnss |
| Taxes Net Invst Incm | 0 | TaxesNetInvstIncm |
| Taxes Dsbrs Chrtbl Prps | 0 | TaxesDsbrsChrtblPrps |
| Deprec And Depletion Rev And Expnss | 233 | DeprecAndDepletionRevAndExpnss |
| Deprec And Depletion Net Invst Incm | 0 | DeprecAndDepletionNetInvstIncm |
| Occupancy Rev And Expnss | 6600 | OccupancyRevAndExpnss |
| Occupancy Net Invst Incm | 0 | OccupancyNetInvstIncm |
| Occupancy Dsbrs Chrtbl Prps | 6600 | OccupancyDsbrsChrtblPrps |
| Trav Conf Meeting Rev And Expnss | 255 | TravConfMeetingRevAndExpnss |
| Trav Conf Meeting Net Invst Incm | 0 | TravConfMeetingNetInvstIncm |
| Trav Conf Meeting Dsbrs Chrtbl Prps | 255 | TravConfMeetingDsbrsChrtblPrps |
| Other Expenses Rev And Expnss | 6219 | OtherExpensesRevAndExpnss |
| Other Expenses Net Invst Incm | 275 | OtherExpensesNetInvstIncm |
| Other Expenses Dsbrs Chrtbl Prps | 5944 | OtherExpensesDsbrsChrtblPrps |
| Tot Opr Expenses Rev And Expnss | 554445 | TotOprExpensesRevAndExpnss |
| Tot Opr Expenses Net Invst Incm | 226071 | TotOprExpensesNetInvstIncm |
| Tot Opr Expenses Dsbrs Chrtbl Prps | 248141 | TotOprExpensesDsbrsChrtblPrps |
| Contri Gifts Paid Rev And Expnss | 1711000 | ContriGiftsPaidRevAndExpnss |
| Contri Gifts Paid Dsbrs Chrtbl Prps | 1711000 | ContriGiftsPaidDsbrsChrtblPrps |
| Total Expenses Rev And Expnss | 2265445 | TotalExpensesRevAndExpnss |
| Total Expenses Net Invst Incm | 226071 | TotalExpensesNetInvstIncm |
| Total Expenses Dsbrs Chrtbl Prps | 1959141 | TotalExpensesDsbrsChrtblPrps |
| Excess Of Revenue Over Expenses | 2578151 | ExcessOfRevenueOverExpenses |
| Net Investment Income | 4617525 | NetInvestmentIncome |
Balance Sheets BalanceSheets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Savings And Temp Cash Invst BOY | 151742 | SavingsAndTempCashInvstBOY |
| Savings And Temp Cash Invst EOY | 940040 | SavingsAndTempCashInvstEOY |
| Savings And Temp Cash Invst EOYFMV | 940040 | SavingsAndTempCashInvstEOYFMV |
| Investments Corp Stock BOY | 37870514 | InvestmentsCorpStockBOY |
| Investments Corp Stock EOY | 39963950 | InvestmentsCorpStockEOY |
| Investments Corp Stock EOYFMV | 63877323 | InvestmentsCorpStockEOYFMV |
| Investments Corp Bonds BOY | 2242765 | InvestmentsCorpBondsBOY |
| Investments Corp Bonds EOY | 1992765 | InvestmentsCorpBondsEOY |
| Investments Corp Bonds EOYFMV | 2209715 | InvestmentsCorpBondsEOYFMV |
| Land Building And Equipment Basis | 3966 | LandBuildingAndEquipmentBasis |
| Accum Deprec Land Bldg And Equip | 3966 | AccumDeprecLandBldgAndEquip |
| Land Building And Equipment BOY | 233 | LandBuildingAndEquipmentBOY |
| Land Building And Equipment EOY | 0 | LandBuildingAndEquipmentEOY |
| Land Building And Equipment EOYFMV | 0 | LandBuildingAndEquipmentEOYFMV |
| Other Assets BOY | 594790 | OtherAssetsBOY |
| Other Assets EOY | 541440 | OtherAssetsEOY |
| Other Assets EOYFMV | 1032800 | OtherAssetsEOYFMV |
| Total Assets BOY | 40860044 | TotalAssetsBOY |
| Total Assets EOY | 43438195 | TotalAssetsEOY |
| Total Assets EOYFMV | 68059878 | TotalAssetsEOYFMV |
| Total Liabilities BOY | 0 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 0 | TotalLiabilitiesEOY |
| Org That Do Not Follow SFAS117 | X | OrgThatDoNotFollowSFAS117 |
| Capital Stock BOY | 40860044 | CapitalStockBOY |
| Capital Stock EOY | 43438195 | CapitalStockEOY |
| Paid In Or Capital Surplus BOY | 0 | PaidInOrCapitalSurplusBOY |
| Paid In Or Capital Surplus EOY | 0 | PaidInOrCapitalSurplusEOY |
| Retained Earnings BOY | 0 | RetainedEarningsBOY |
| Retained Earnings EOY | 0 | RetainedEarningsEOY |
| Total Net Assets BOY | 40860044 | TotalNetAssetsBOY |
| Total Net Assets EOY | 43438195 | TotalNetAssetsEOY |
| Total Liabilities Net Assets BOY | 40860044 | TotalLiabilitiesNetAssetsBOY |
| Total Liabilities Net Assets EOY | 43438195 | TotalLiabilitiesNetAssetsEOY |
Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Net Assets Fund Balances BOY | 40860044 | TotalNetAssetsFundBalancesBOY |
| Excess Of Revenue Over Expenses | 2578151 | ExcessOfRevenueOverExpenses |
| Other Increases | 0 | OtherIncreases |
| Subtotal | 43438195 | Subtotal |
| Other Decreases | 0 | OtherDecreases |
| Total Net Assets Fund Balances EOY | 43438195 | TotalNetAssetsFundBalancesEOY |
Capital Gains And Losses CapitalGainsAndLosses
Capital Gains And Losses Info CapitalGainsAndLossesInfo (11 entries)
| Description Of AssetDescriptionOfAsset | Date AcquiredDateAcquired | Date SoldDateSold | Gross Sales PriceGrossSalesPrice | Cost Or Other BasisCostOrOtherBasis | Gain Or LossGainOrLoss | Gains Minus Excess Or LossesGainsMinusExcessOrLosses | How AcquiredHowAcquired |
|---|---|---|---|---|---|---|---|
| MERRILL LYNCH - PUBLICLY TRADED SECURITIES | 1999-10-15 | 2011-03-14 | 796873 | 403987 | 392886 | 392886 | |
| MERRILL LYNCH - PUBLICLY TRADED SECURITIES | 2011-05-03 | 2011-05-16 | 58 | 61 | -3 | -3 | |
| FIDUCIARY TRUST - PUBLICLY TRADED SECURITIES | 1993-11-18 | 2011-12-15 | 6458401 | 4591206 | 1867195 | 1867195 | |
| FIDUCIARY TRUST - PUBLICLY TRADED SECURITIES | 2011-06-13 | 2011-10-04 | 227921 | 317299 | -89378 | -89378 | |
| SECURITIES LITIGATION-MILLS CORP CIL | 2009-12-31 | 2011-02-14 | 28681 | 28681 | 28681 | ||
| PROCEED FROM CLASS ACTION-BANK OF AMERICA | 2010-12-30 | 2011-12-31 | 611 | 611 | 611 | ||
| SALE OF ARTWORK #1M-6D | 1973-01-29 | 2011-05-10 | 11999 | 14000 | -2001 | -2001 | D |
| SALE OF ARTWORK #1M-16A | 1973-01-29 | 2011-05-10 | 9599 | 14000 | -4401 | -4401 | D |
| SALE OF ARTWORK #1M-22D | 1973-01-29 | 2011-09-07 | 56661 | 20000 | 36661 | 36661 | D |
| SALE OF ARTWORK #7P-1A | 1973-01-29 | 2011-12-01 | 2331 | 2331 | 2331 | D | |
| CAPITAL GAINS DIVIDENDS | 55381 | 55381 | 55381 | P |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | 2287963 | CapitalGainNetIncome |
Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable For4942 Tax | 0 | LiableFor4942Tax |
| Qualifying Distributions Year1 | 5084872 | QualifyingDistributionsYear1 |
| Noncharitable Assets Year1 | 60841983 | NoncharitableAssetsYear1 |
| Distribution Ratio Year1 | 0.083575 | DistributionRatioYear1 |
| Qualifying Distributions Year2 | 3916790 | QualifyingDistributionsYear2 |
| Noncharitable Assets Year2 | 55277643 | NoncharitableAssetsYear2 |
| Distribution Ratio Year2 | 0.070857 | DistributionRatioYear2 |
| Qualifying Distributions Year3 | 3334863 | QualifyingDistributionsYear3 |
| Noncharitable Assets Year3 | 71047454 | NoncharitableAssetsYear3 |
| Distribution Ratio Year3 | 0.046939 | DistributionRatioYear3 |
| Qualifying Distributions Year4 | 4152984 | QualifyingDistributionsYear4 |
| Noncharitable Assets Year4 | 81933917 | NoncharitableAssetsYear4 |
| Distribution Ratio Year4 | 0.050687 | DistributionRatioYear4 |
| Qualifying Distributions Year5 | 200068 | QualifyingDistributionsYear5 |
| Noncharitable Assets Year5 | 72077988 | NoncharitableAssetsYear5 |
| Distribution Ratio Year5 | 0.002776 | DistributionRatioYear5 |
| Total Distribution Ratio | 0.254834 | TotalDistributionRatio |
| Average Distribution Ratio | 0.050967 | AverageDistributionRatio |
| Net Noncharitable Assets | 65393427 | NetNoncharitableAssets |
| Adjusted Noncharitable Assets | 3332907 | AdjustedNoncharitableAssets |
| One Percent Net Investment Income | 46175 | OnePercentNetInvestmentIncome |
| Adj Nonchrtbl Assets And One | 3379082 | AdjNonchrtblAssetsAndOnePct |
| Qualifying Distributions | 1959141 | QualifyingDistributions |
Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | 92351 | InvestmentIncomeExciseTax |
| Tax Under Section511 | 0 | TaxUnderSection511 |
| Subtotal | 92351 | Subtotal |
| Subtitle A Tax | 0 | SubtitleATax |
| Tax Based On Investment Income | 92351 | TaxBasedOnInvestmentIncome |
| Est Tax Payments And Overpayment | 107882 | EstTaxPaymentsAndOverpayment |
| Total Credits And Payments | 107882 | TotalCreditsAndPayments |
| Form2220 Attached | X | Form2220Attached |
| Overpayment | 15531 | Overpayment |
| Amount Credited To Next Year | 15531 | AmountCreditedToNextYear |
| Amount To Be Refunded | 0 | AmountToBeRefunded |
Statements Regarding Activities StatementsRegardingActivities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Activities | 0 | LegislativePoliticalActivities |
| More Than100 Spent | 0 | MoreThan100Spent |
| Form1120 POL Filed | 0 | Form1120POLFiled |
| Sect4955 Tax On Organization | 0 | Sect4955TaxOnOrganization |
| Sect4955 Tax On Managers | 0 | Sect4955TaxOnManagers |
| Reimbursement Of Tax | 0 | ReimbursementOfTax |
| Activities Not Prev Reported | 0 | ActivitiesNotPrevReported |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylaws |
| Unrelated Bus Income Over1000 | 0 | UnrelatedBusIncomeOver1000 |
| Termination Etc | 0 | TerminationEtc |
| Requirements Of Sect508e | 1 | RequirementsOfSect508e |
| At Least5000 In Assets | 1 | AtLeast5000InAssets |
| States Filed With | NY | StatesFiledWith |
| Form990 PF Filed With AG | 1 | Form990PFFiledWithAG |
| Private Operating Foundation | 0 | PrivateOperatingFoundation |
| New Substantial Contributors | 0 | NewSubstantialContributors |
| Interest In Controlled Entity | 0 | InterestInControlledEntity |
| Applicable Insurance Contract | 0 | ApplicableInsuranceContract |
| Comply With Public Inspection Rqr | 1 | ComplyWithPublicInspectionRqr |
| Website Address | N/A | WebsiteAddress |
| Books In Care Of Person Name | MCGLADREY LLP | BooksInCareOfPersonName |
| Books In Care Of Phone Number | 2123721000 | BooksInCareOfPhoneNumber |
Books In Care Of US Address BooksInCareOfUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1185 AVENUE OF AMERICAS | AddressLine1 |
| City | NEW YORK | City |
| State | NY | State |
| ZIP Code | 100362602 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Bank | 0 | ForeignBank |
Statements Regarding Acty4720 StatementsRegardingActy4720
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exchange With Dsqfly Person | 0 | SaleOrExchangeWithDsqflyPerson |
| Borrow Or Lend With Dsqfly Person | 0 | BorrowOrLendWithDsqflyPerson |
| Furnished Goods With Dsqfly Person | 0 | FurnishedGoodsWithDsqflyPerson |
| Pay Compensation To Dsqfly Person | 1 | PayCompensationToDsqflyPerson |
| Transfer Assets To Dsqfly Person | 0 | TransferAssetsToDsqflyPerson |
| Payment To Government Offical | 0 | PaymentToGovernmentOffical |
| Acts Fail To Qualify As Exceptions | 0 | ActsFailToQualifyAsExceptions |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActs |
| Undistributed Income Prior Years | 0 | UndistributedIncomePriorYears |
| Business Holdings | 0 | BusinessHoldings |
| Jeopardy Investments | 0 | JeopardyInvestments |
| Uncorrected Jeopardy Investments | 0 | UncorrectedJeopardyInvestments |
| Influence Legislation | 0 | InfluenceLegislation |
| Influence Election | 0 | InfluenceElection |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Noncharitable Purpose | 0 | NoncharitablePurpose |
| Rcv Funds To Pay Prsnl Bnft Contract | 0 | RcvFundsToPayPrsnlBnftContract |
| Pay Premiums Prsnl Bnft Contract | 0 | PayPremiumsPrsnlBnftContract |
| Prohibited Tax Shelter Transactn | 0 | ProhibitedTaxShelterTransactn |
Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo
Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee (2 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 |
|---|---|---|---|---|---|---|---|---|
| RICHARD M ADER | ||||||||
| 7 AVENUE DE LA MER 606 | PALM COAST | FL | 32137 | TRUSTEE | 20.00 | 134735 | 0 | 0 |
| JOSEPH ERDMAN | ||||||||
| 550 SE MIZNER SUITE 404 | BOCA RATON | FL | 334325585 | TRUSTEE | 20.00 | 115908 | 0 | 0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Highest Paid Empl NONE | NONE | CompOfHighestPaidEmplNONE |
| Tot Number Of Oth Empl Paid Over50k | 0 | TotNumberOfOthEmplPaidOver50k |
| Comp Of Hghst Paid Cntrct NONE | NONE | CompOfHghstPaidCntrctNONE |
| Tot Number Of Cntrct Paid Over50k | 0 | TotNumberOfCntrctPaidOver50k |
Summary Of Direct Charitable Acty SummaryOfDirectCharitableActy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | N/A | Description1 |
| Expenses1 | 0 | Expenses1 |
Sum Of Program Related Investments SumOfProgramRelatedInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | NOT APPLICABLE | Description1 |
| Amount1 | 0 | Amount1 |
| Total | 0 | Total |
Minimum Investment Return MinimumInvestmentReturn
| Field | Value | IRS element (for citing) |
|---|---|---|
| Avg Monthly FMV Of Securities | 64120486 | AvgMonthlyFMVOfSecurities |
| Avg Monthly Cash Balances | 1232412 | AvgMonthlyCashBalances |
| FMV All Other Noncharitable Assets | 1036368 | FMVAllOtherNoncharitableAssets |
| Total FMV Of Unused Assets | 66389266 | TotalFMVOfUnusedAssets |
| Reduction Claimed | 0 | ReductionClaimed |
| Acquisition Indebtedness | 0 | AcquisitionIndebtedness |
| Adj Total FMV Of Unused Assets | 66389266 | AdjTotalFMVOfUnusedAssets |
| Cash Deemed Charitable | 995839 | CashDeemedCharitable |
| Net Noncharitable Assets | 65393427 | NetNoncharitableAssets |
| Minimum Investment Return | 3269671 | MinimumInvestmentReturn |
Distributable DistributableAmount
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | 3269671 | MinimumInvestmentReturn |
| Tax Based On Investment Income | 92351 | TaxBasedOnInvestmentIncome |
| Total Tax | 92351 | TotalTax |
| Distributable Amount Before Adj | 3177320 | DistributableAmountBeforeAdj |
| Recoveries Qlfy Distributions | 0 | RecoveriesQlfyDistributions |
| Distributable Amount Before Ded | 3177320 | DistributableAmountBeforeDed |
| Deduction Fr Distributable | $0 | DeductionFrDistributableAmount |
| Distributable Amount As Adjusted | 3177320 | DistributableAmountAsAdjusted |
Qualifying Distributions QualifyingDistributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | 1959141 | ExpensesAndContributions |
| Program Related Investments Total | 0 | ProgramRelatedInvestmentsTotal |
| Qualifying Distributions | 1959141 | QualifyingDistributions |
| One Pct Sect4940e Org Net Invst Incm | 0 | OnePctSect4940eOrgNetInvstIncm |
| Adj Qualifying Distributions | 1959141 | AdjQualifyingDistributions |
Undistributed Income UndistributedIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable Amount As Adjusted | 3177320 | DistributableAmountAsAdjusted |
| Undistributed Income Prior Year | 0 | UndistributedIncomePriorYear |
| Total For Prior Years | 0 | TotalForPriorYears |
| Excess Distri Carryover Year1 | 109902 | ExcessDistriCarryoverYear1 |
| Total Excess Distri Carryover | 109902 | TotalExcessDistriCarryover |
| Qualifying Distributions | 1959141 | QualifyingDistributions |
| Applied To Year1 | 0 | AppliedToYear1 |
| Applied To Prior Years | 0 | AppliedToPriorYears |
| Treated As Distri From Corpus | 0 | TreatedAsDistriFromCorpus |
| Applied To Current Year | 1959141 | AppliedToCurrentYear |
| Remaining Distri From Corpus | 0 | RemainingDistriFromCorpus |
| Excess Distri Cyov App CY Corpus | 109902 | ExcessDistriCyovAppCYCorpus |
| Excess Distri Cyov Applied CY | 109902 | ExcessDistriCyovAppliedCY |
| Total Corpus | 0 | TotalCorpus |
| Prior Year Undistributed Income | 0 | PriorYearUndistributedIncome |
| Prior Year Deficiency Or Tax | 0 | PriorYearDeficiencyOrTax |
| Taxable Amount1 | 0 | TaxableAmount1 |
| Taxable Amount2 | 0 | TaxableAmount2 |
| Undistributed Income CY | 1108277 | UndistributedIncomeCY |
| Distri From Corpus170b1 E Or4942g3 | 0 | DistriFromCorpus170b1EOr4942g3 |
| Excess Distri Cyov From Year5 | 0 | ExcessDistriCyovFromYear5 |
| Excess Distri Cyov To Next Year | 0 | ExcessDistriCyovToNextYear |
Supplementary Information SupplementaryInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contributes To Preselected | X | OnlyContributesToPreselected |
Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (13 entries)
| Address Line1RecipientUSAddress/AddressLine1 | CityRecipientUSAddress/City | StateRecipientUSAddress/State | ZIP CodeRecipientUSAddress/ZIPCode | Recipient RelationshipRecipientRelationship | Recipient Foundation StatusRecipientFoundationStatus | Purpose Of Grant Or ContributionPurposeOfGrantOrContribution | AmountAmount |
|---|---|---|---|---|---|---|---|
| COLLEGE FOUNDATION OF THE UNIVERSITY OF VIRGINIA | |||||||
| 2410 OLD IVY ROAD SUITE 100 | CHARLOTTESVILLE | VA | 229044801 | NONE | 501(C)(3) | GRANT IS FOR DONEE'S EXEMPT PURPOSE | $500,000 |
| THE MONTPELIER FOUNDATION | |||||||
| PO BOX 911 | ORANGE | VA | 22960 | NONE | 501(C)(3) | GRANT IS FOR DONEE'S EXEMPT PURPOSE | $250,000 |
| THOMAS JEFFERSON FOUNDATION INC | |||||||
| PO BOX 217 | CHARLOTTESVILLE | VA | 22902 | NONE | 501(C)(3) | GRANT IS FOR DONEE'S EXEMPT PURPOSE | $250,000 |
| MILLER CENTER | |||||||
| 2333 OLD IVY ROAD | CHARLOTTESVILLE | VA | 22903 | NONE | 501(C)(3) | GRANT IS FOR DONEE'S EXEMPT PURPOSE | $50,000 |
| PARAMOUNT THEATRE | |||||||
| 2025 BROADWAY | OAKLAND | CA | 94612 | NONE | 501(C)(3) | GRANT IS FOR DONEE'S EXEMPT PURPOSE | $10,000 |
| PRESERVATION VIRGINIA | |||||||
| 204 WEST FRANKLIN STREET | RICHMOND | VA | 23220 | NONE | 501(C)(3) | GRANT IS FOR DONEE'S EXEMPT PURPOSE | $15,000 |
| HOSPICE OF THE PIEDMONT | |||||||
| 675 PETER JEFFERSON PARKWAY | CHARLOTTESVILLE | VA | 22911 | NONE | 501(C)(3) | GRANT IS FOR DONEE'S EXEMPT PURPOSE | $50,000 |
| LIVE IN CONCERT INC | |||||||
| 38 COSBY AVENUE | AMHERST | MA | 01002 | NONE | 501(C)(3) | GRANT IS FOR DONEE'S EXEMPT PURPOSE | $25,000 |
| MARTHA JEFFERSON HOSPITAL FOUNDATION | |||||||
| 459 LOCUST AVENUE | CHARLOTTESVILLE | VA | 22902 | NONE | 501(C)(3) | GRANT IS FOR DONEE'S EXEMPT PURPOSE | $250,000 |
| UNIVERSITY OF VIRGINIA ART MUSEUM | |||||||
| 155 RUGBY ROAD | CHARLOTTESVILLE | VA | 22904 | NONE | 501(C)(3) | GRANT IS FOR DONEE'S EXEMPT PURPOSE | $250,000 |
| UVA FILM FESTIVAL | |||||||
| PO BOX 400869 | CHARLOTTESVILLE | VA | 22904 | NONE | 501(C)(3) | GRANT IS FOR DONEE'S EXEMPT PURPOSE | $10,000 |
| UVA HERITAGE THEATRE | |||||||
| 155 RUGBY ROAD | CHARLOTTESVILLE | VA | 22904 | NONE | 501(C)(3) | GRANT IS FOR DONEE'S EXEMPT PURPOSE | $1,000 |
| VIRGINIA FOUNDATION FOR THE HUMANITIES | |||||||
| 145 EDNAM PLACE | CHARLOTTESVILLE | VA | 22903 | NONE | 501(C)(3) | GRANT IS FOR DONEE'S EXEMPT PURPOSE | $50,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Grant Or Contri Paid During Year | 1711000 | TotGrantOrContriPaidDuringYear |
| Tot Grant Or Contri Approved Future | 0 | TotGrantOrContriApprovedFuture |
Analysis Income Producing Acty AnalysisIncomeProducingActy
Int On Savings And Temp Cash Invst IntOnSavingsAndTempCashInvst
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 14 | ExclusionCode |
| Exclusion | $1,497 | ExclusionAmount |
Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 18 | ExclusionCode |
| Exclusion | $2,540,063 | ExclusionAmount |
Gain Sales Assets Oth Than Invntry GainSalesAssetsOthThanInvntry
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 18 | ExclusionCode |
| Exclusion | $2,287,963 | ExclusionAmount |
Other Revenue Described OtherRevenueDescribed
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | PERMISSIONS AND LICENSES | Description |
| Exclusion Code | 01 | ExclusionCode |
| Exclusion | $14,073 | ExclusionAmount |
Subtotals Part XVIA SubtotalsPartXVIA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Income | $0 | UnrelatedBusinessIncomeAmount |
| Exclusion | $4,843,596 | ExclusionAmount |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Part XVIA | 4843596 | TotalPartXVIA |
Trnsfr Tr Rln With Noncharitable EO TrnsfrTrRlnWithNoncharitableEO
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Noncharitable EO | 0 | TrnsfrOfCashToNoncharitableEO |
| Trnsfr Oth Assets Noncharitable EO | 0 | TrnsfrOthAssetsNoncharitableEO |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssets |
| Purchase Assets Noncharitable EO | 0 | PurchaseAssetsNoncharitableEO |
| Rental Of Facilities Etc | 0 | RentalOfFacilitiesEtc |
| Reimbursement Arrangements | 0 | ReimbursementArrangements |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuarantees |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtc |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtc |
| Relationships Noncharitable E Os | 0 | RelationshipsNoncharitableEOs |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees AccountingFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | RSM MCGLADREY INC | Category |
| Amount | $101,485 | Amount |
| Net Investment Income | 6643 | NetInvestmentIncome |
| Disbursements Charitable Prps | 94842 | DisbursementsCharitablePrps |
Depreciation Schedule DepreciationSchedule
Depreciation Depreciation (2 entries)
| Description Of PropertyDescriptionOfProperty | Date AcquiredDateAcquired | Cost Or Other BasisCostOrOtherBasis | Prior Years DepreciationPriorYearsDepreciation | Computation MethodComputationMethod | LifeLife | Current Year ExpenseCurrentYearExpense | Net Investment IncomeNetInvestmentIncome |
|---|---|---|---|---|---|---|---|
| OFFICE FURNITURE | 2004-11-16 | 2189 | 1956 | SL | 7.000000000000 | 233 | 0 |
| COMPUTER | 2004-08-16 | 1777 | 1777 | SL | 5.000000000000 | 0 | 0 |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corp Bonds InvestmentsCorpBonds (6 entries)
| Name Of BondNameOfBond | EOY Book ValueEOYBookValue | EOYFMVEOYFMV |
|---|---|---|
| 400,000 AT&T INC | 395296 | 463012 |
| 250,000 BANK OF AMERICA CORP | 249974 | 244158 |
| 100,000 BARCLAYS BANK PLC | 99748 | 102722 |
| 500,000 GOLDMAN SACHS | 488140 | 509895 |
| 400,000 JP MORGAN CHASE & CO | 369145 | 423604 |
| 400,000 VERIZON COMMUNICATIONS | 390462 | 466324 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corp Stock InvestmentsCorpStock (79 entries)
| Name Of StockNameOfStock | EOY Book ValueEOYBookValue | EOYFMVEOYFMV |
|---|---|---|
| 10,000 ABBOTT LABORATORIES | 548890 | 562300 |
| 18,382 AGL RESOURCES INC | 447588 | 776823 |
| 25,000 ALLIANT ENERGY GROUP | 591203 | 1102750 |
| 5,000 AMEREN CORP | 107433 | 165650 |
| 15,000 AMN ELEC POWER CO | 447273 | 619650 |
| 500 APPLE INC | 194508 | 202500 |
| 20,000 AT&T INC | 494624 | 604800 |
| 20,000 ATMOS ENERGY CORP | 528126 | 667000 |
| 10,000 BHP BILLITON LTD | 208881 | 706300 |
| 25,000 BRISTOL-MYERS SQUIBB CO | 371797 | 881000 |
| 3,350 CATERPILLAR INC | 325900 | 303510 |
| 8,000 CENTERPOINT ENERGY INC | 92105 | 160720 |
| 5,000 CENTURYLINK INC | 177715 | 186000 |
| 25,000 CHEVRON CORP | 1143845 | 2660000 |
| 5,000 COCA-COLA CO COM | 337155 | 349850 |
| 7,500 COLGATE PALMOLIVE | 538730 | 692925 |
| 8,000 CONOCOPHILLIPS COM | 582437 | 582960 |
| 15,000 CONSOLIDATED EDISON INC | 493883 | 930450 |
| 3,350 DEERE & CO COM | 274454 | 259123 |
| 30,000 DOMINION RES INC | 503430 | 1592400 |
| 5,000 DOVER CORP COM | 306526 | 290250 |
| 20,000 DU PONT E I DE NEMOURS | 982831 | 915600 |
| 50,600 DUKE ENERGY CORP | 405195 | 1113200 |
| 20,000 EQT CORP | 466544 | 1095800 |
| 30,000 EXXON MOBIL CORP | 2417992 | 2542800 |
| 15,000 GENERAL MILLS | 430311 | 606150 |
| 250 GOOGLE INC | 157434 | 161475 |
| 15,000 HONEYWELL INTL INC | 547273 | 815250 |
| 30,000 HORMEL FOODS CORP | 193265 | 878700 |
| 5,000 ISHARES BARCLAYS 1-3 YEAR CREDIT BOND | 522469 | 521000 |
| 25,000 JOHNSON AND JOHNSON COM | 1395496 | 1639500 |
| 5,000 KELLOGG CO | 230355 | 252850 |
| 10,000 KIMBERLY CLARK | 614621 | 735600 |
| 20,000 MARATHON OIL CORP | 123129 | 585400 |
| 10,000 MARATHON PETROLEUM CORP | 83290 | 332900 |
| 3,000 MARKET VECTORS GOLD | 187469 | 154290 |
| 20,000 MCDONALDS CORP | 1192669 | 2006600 |
| 50,625 MDU RESOURCES GRP INC | 229098 | 1086413 |
| 25,000 MERCK & CO INC | 883044 | 942500 |
| 35,000 MICROSOFT CORP | 865862 | 908600 |
| 25,000 NEW JERSEY RESOURCE CORP | 280215 | 1230000 |
| 30,000 NEXTERA ENERGY INC | 439087 | 1826400 |
| 5,000 NISOURCE INC | 117706 | 119050 |
| 15,000 PEPSICO INC | 811735 | 995250 |
| 31,000 PFIZER INC | 572049 | 670840 |
| 20,000 PIEDMONT NATRL GAS N C | 378673 | 679600 |
| 20,000 PLUM CREEK TIMBER CO INC | 589793 | 731200 |
| 10,000 PPG INDUSTRIES INC SHS | 444507 | 834900 |
| 20,000 PROCTER & GAMBLE CO | 1083316 | 1334200 |
| 10,000 PROGRESS ENERGY INC | 178483 | 560200 |
| 50,000 QEP RESOURCES INC | 207161 | 1465000 |
| 50,000 QUESTAR CORP | 106245 | 993000 |
| 15,000 SCANA CORP NEW | 279600 | 675900 |
| 25,000 SEMPRA ENERGY | 573693 | 1375000 |
| 25,000 SOUTH JERSEY IND | 272652 | 1420250 |
| 20,000 SOUTHERN COMPANY | 545741 | 925800 |
| 25,000 SOUTHWEST GAS CORP | 364344 | 1062250 |
| 25,300 SPECTRA ENERGY CORP | 292095 | 777975 |
| 20,000 TECO ENERGY INC | 379050 | 382800 |
| 10,000 TORTOISE MLP FUND | 244220 | 257700 |
| 45,000 UGI CORP NEW | 457156 | 1323000 |
| 4,000 VANGUARD TELECOM SERVICE | 250948 | 248680 |
| 20,000 VERIZON COMMUNICATIONS | 475865 | 802400 |
| 10,000 WAL-MART STORES INC | 483805 | 597600 |
| 10,000 WESTAR ENERGY INC | 180411 | 287800 |
| 10,000 WGL HOLDINGS INC | 115626 | 442200 |
| 15,000 XCEL ENERGY INC | 269192 | 414600 |
| 7,500 3M COMPANY | 540352 | 612975 |
| 1,361 AGIC CONV & INCOME FD | 6118 | 11500 |
| 14,372 ALLIANCEBERNSTEIN GLOBAL | 180051 | 203651 |
| 83,749 BLACKROCK INCOME TRUST | 587537 | 613880 |
| 34,994 CALAMOS CONV & HIGH INC | 503814 | 404531 |
| 360,761 DNP SELECT INCOME FD INC | 3339931 | 3939510 |
| 6,024 DWS HIGH INCOME TRUST | 49665 | 61626 |
| 44,304 HANCOCK JOHN PREMIUM DIV FUND | 493660 | 595446 |
| 10,000 INVESCO VAN KAMPEN BOND FUND | 169724 | 209000 |
| 63,616 MORGAN STANLEY INCOME SEC | 1039138 | 1103101 |
| 72,502 PUTNAM HIGH INCOME SECS | 536153 | 556815 |
| 162,974 TEMPLETON GLOBAL INCOME | 1479589 | 1540104 |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtc (2 entries)
| Category Or ItemCategoryOrItem | Cost Or Other BasisCostOrOtherBasis | Accumulated DepreciationAccumulatedDepreciation | Book ValueBookValue |
|---|---|---|---|
| OFFICE FURNITURE | 2189 | 2189 | 0 |
| COMPUTER | 1777 | 1777 | 0 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | PROSKAUER ROSE LLP | Category |
| Amount | $46,509 | Amount |
| Net Investment Income | 0 | NetInvestmentIncome |
| Disbursements Charitable Prps | 46509 | DisbursementsCharitablePrps |
Other Assets Schedule OtherAssetsSchedule
Other Assets OtherAssets (2 entries)
| DescriptionDescription | BOY Book ValueBOYBookValue | EOY Book ValueEOYBookValue | EOYFMVEOYFMV |
|---|---|---|---|
| PROGRAM RELATED ASSETS | 589440 | 541440 | 1032800 |
| DUE FROM BROKER | 5350 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses OtherExpenses (5 entries)
| DescriptionDescription | Revenue And Expenses Per BooksRevenueAndExpensesPerBooks | Net Investment IncomeNetInvestmentIncome | Disbursements Charitable PrpsDisbursementsCharitablePrps |
|---|---|---|---|
| ANNUAL FILING FEE | 1500 | 0 | 1500 |
| BROKER SERVICE FEE | 150 | 150 | 0 |
| BANK FEE | 125 | 125 | 0 |
| MOVING & STORAGE | 1633 | 0 | 1633 |
| OFFICE EXPENSES | 2811 | 0 | 2811 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income OtherIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | PERMISSIONS AND LICENSES | Description |
| Revenue And Expenses Per Books | 14073 | RevenueAndExpensesPerBooks |
| Net Investment Income | 14073 | NetInvestmentIncome |
| Adjusted Net Income | 14073 | AdjustedNetIncome |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees OtherProfessionalFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | FIDUCIARY TRUST CUSTODY FEE | Category |
| Amount | $62,501 | Amount |
| Net Investment Income | 62501 | NetInvestmentIncome |
| Disbursements Charitable Prps | 0 | DisbursementsCharitablePrps |
Taxes Schedule TaxesSchedule
Taxes Taxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | FEDERAL EXCISE TAX | Category |
| Amount | $80,000 | Amount |
| Net Investment Income | 0 | NetInvestmentIncome |
| Disbursements Charitable Prps | 0 | DisbursementsCharitablePrps |
Comments