Wurtele Foundation Inc: Form 990PF, tax year 2011

View the entire original 990 at ProPublica ↗

Organization
Wurtele Foundation Inc (EIN 13-3098760)
Tax period
2011-05-01 to 2012-04-30
Filed
2012-10-22
IRS object ID
201232969349100253
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)
Timestamp2012-10-22T14:30:40-05:00Timestamp
Tax Period End Date2012-04-30TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1SAYLES & EVANSBusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line11 W CHURCH STAddressLine1
CityELMIRACity
StateNYState
ZIP Code14901ZIPCode
FieldValueIRS element (for citing)
Return Type990PFReturnType
Tax Period Begin Date2011-05-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN133098760EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1WURTELE FOUNDATION INCBusinessNameLine1
FieldValueIRS element (for citing)
Name ControlWURTNameControl
Phone6077342271Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line1ONE WEST CHURCH STREETAddressLine1
CityELMIRACity
StateNYState
ZIP Code149012773ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameJOANNA WURTELEName
TitlePRESIDENT/TRUSTEETitle
Phone6077342271Phone
Date Signed2012-10-22DateSigned

Preparer Preparer

FieldValueIRS element (for citing)
NameCLOVER M DRINKWATERName
Phone6077342271Phone
Date Prepared2012-10-22DatePrepared
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 EOY4240345FMVAssetsEOY
Method Of Accounting CashXMethodOfAccountingCash

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Not Required To Attach Schedule BXNotRequiredToAttachScheduleB
Interest On Savings Rev And Expnss17InterestOnSavingsRevAndExpnss
Interest On Savings Net Invst Incm17InterestOnSavingsNetInvstIncm
Dividends Rev And Expnss95664DividendsRevAndExpnss
Dividends Net Invst Incm89115DividendsNetInvstIncm
Net Gain Sale Assets Rev And Expnss91195NetGainSaleAssetsRevAndExpnss
Gross Sales Price757252GrossSalesPrice
Capital Gain Net Incm Net Invst Incm91195CapitalGainNetIncmNetInvstIncm
Total Revenue And Expenses186876TotalRevenueAndExpenses
Total Net Investment Income180327TotalNetInvestmentIncome
Legal Fees Rev And Expnss1729LegalFeesRevAndExpnss
Legal Fees Net Invst Incm1729LegalFeesNetInvstIncm
Other Prof Fees Rev And Expnss25325OtherProfFeesRevAndExpnss
Other Prof Fees Net Invst Incm25325OtherProfFeesNetInvstIncm
Other Expenses Rev And Expnss250OtherExpensesRevAndExpnss
Other Expenses Net Invst Incm250OtherExpensesNetInvstIncm
Tot Opr Expenses Rev And Expnss27304TotOprExpensesRevAndExpnss
Tot Opr Expenses Net Invst Incm27304TotOprExpensesNetInvstIncm
Tot Opr Expenses Dsbrs Chrtbl Prps0TotOprExpensesDsbrsChrtblPrps
Contri Gifts Paid Rev And Expnss260000ContriGiftsPaidRevAndExpnss
Contri Gifts Paid Dsbrs Chrtbl Prps260000ContriGiftsPaidDsbrsChrtblPrps
Total Expenses Rev And Expnss287304TotalExpensesRevAndExpnss
Total Expenses Net Invst Incm27304TotalExpensesNetInvstIncm
Total Expenses Dsbrs Chrtbl Prps260000TotalExpensesDsbrsChrtblPrps
Excess Of Revenue Over Expenses-100428ExcessOfRevenueOverExpenses
Net Investment Income153023NetInvestmentIncome

Balance Sheets BalanceSheets

FieldValueIRS element (for citing)
Savings And Temp Cash Invst BOY369995SavingsAndTempCashInvstBOY
Savings And Temp Cash Invst EOY254918SavingsAndTempCashInvstEOY
Savings And Temp Cash Invst EOYFMV254918SavingsAndTempCashInvstEOYFMV
Investments Corp Stock BOY74388InvestmentsCorpStockBOY
Investments Corp Stock EOY51774InvestmentsCorpStockEOY
Investments Corp Stock EOYFMV146451InvestmentsCorpStockEOYFMV
Investments Other BOY3599986InvestmentsOtherBOY
Investments Other EOY3637250InvestmentsOtherEOY
Investments Other EOYFMV3838976InvestmentsOtherEOYFMV
Total Assets BOY4044369TotalAssetsBOY
Total Assets EOY3943942TotalAssetsEOY
Total Assets EOYFMV4240345TotalAssetsEOYFMV
Total Liabilities EOY0TotalLiabilitiesEOY
Org That Do Not Follow SFAS117XOrgThatDoNotFollowSFAS117
Retained Earnings BOY4044369RetainedEarningsBOY
Retained Earnings EOY3943942RetainedEarningsEOY
Total Net Assets BOY4044369TotalNetAssetsBOY
Total Net Assets EOY3943942TotalNetAssetsEOY
Total Liabilities Net Assets BOY4044369TotalLiabilitiesNetAssetsBOY
Total Liabilities Net Assets EOY3943942TotalLiabilitiesNetAssetsEOY

Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances

FieldValueIRS element (for citing)
Total Net Assets Fund Balances BOY4044369TotalNetAssetsFundBalancesBOY
Excess Of Revenue Over Expenses-100428ExcessOfRevenueOverExpenses
Other Increases1OtherIncreases
Subtotal3943942Subtotal
Total Net Assets Fund Balances EOY3943942TotalNetAssetsFundBalancesEOY

Capital Gains And Losses CapitalGainsAndLosses

Capital Gains And Losses Info CapitalGainsAndLossesInfo

FieldValueIRS element (for citing)
Description Of AssetPUBLICLY TRADED SECURITIESDescriptionOfAsset
How AcquiredPHowAcquired
Gross Sales Price745895GrossSalesPrice
Cost Or Other Basis666057CostOrOtherBasis
Gain Or Loss79838GainOrLoss
Gains Minus Excess Or Losses79838GainsMinusExcessOrLosses
FieldValueIRS element (for citing)
Capital Gain Net Income91195CapitalGainNetIncome

Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax

FieldValueIRS element (for citing)
Liable For4942 TaxfalseLiableFor4942Tax
Qualifying Distributions Year1449077QualifyingDistributionsYear1
Noncharitable Assets Year14108373NoncharitableAssetsYear1
Distribution Ratio Year10.109308DistributionRatioYear1
Qualifying Distributions Year2577381QualifyingDistributionsYear2
Noncharitable Assets Year24262433NoncharitableAssetsYear2
Distribution Ratio Year20.135458DistributionRatioYear2
Qualifying Distributions Year3260266QualifyingDistributionsYear3
Noncharitable Assets Year33981673NoncharitableAssetsYear3
Distribution Ratio Year30.065366DistributionRatioYear3
Qualifying Distributions Year4443250QualifyingDistributionsYear4
Noncharitable Assets Year44810701NoncharitableAssetsYear4
Distribution Ratio Year40.092138DistributionRatioYear4
Qualifying Distributions Year5377000QualifyingDistributionsYear5
Noncharitable Assets Year53618316NoncharitableAssetsYear5
Distribution Ratio Year50.104192DistributionRatioYear5
Total Distribution Ratio0.506462TotalDistributionRatio
Average Distribution Ratio0.101292AverageDistributionRatio
Net Noncharitable Assets3988531NetNoncharitableAssets
Adjusted Noncharitable Assets404006AdjustedNoncharitableAssets
One Percent Net Investment Income1530OnePercentNetInvestmentIncome
Adj Nonchrtbl Assets And One405536AdjNonchrtblAssetsAndOnePct
Qualifying Distributions260000QualifyingDistributions

Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm

FieldValueIRS element (for citing)
Investment Income Excise Tax3060InvestmentIncomeExciseTax
Subtotal3060Subtotal
Tax Based On Investment Income3060TaxBasedOnInvestmentIncome
Est Tax Payments And Overpayment4075EstTaxPaymentsAndOverpayment
Total Credits And Payments4075TotalCreditsAndPayments
Overpayment1015Overpayment
Amount Credited To Next Year1015AmountCreditedToNextYear

Statements Regarding Activities StatementsRegardingActivities

FieldValueIRS element (for citing)
Legislative Political ActivitiesfalseLegislativePoliticalActivities
More Than100 SpentfalseMoreThan100Spent
Activities Not Prev ReportedfalseActivitiesNotPrevReported
Changes To Articles Or BylawsfalseChangesToArticlesOrBylaws
Unrelated Bus Income Over1000falseUnrelatedBusIncomeOver1000
Termination EtcfalseTerminationEtc
Requirements Of Sect508etrueRequirementsOfSect508e
At Least5000 In AssetstrueAtLeast5000InAssets
States Filed WithNYStatesFiledWith
Form990 PF Filed With AGtrueForm990PFFiledWithAG
Private Operating FoundationfalsePrivateOperatingFoundation
New Substantial ContributorsfalseNewSubstantialContributors
Interest In Controlled EntityfalseInterestInControlledEntity
Applicable Insurance ContractfalseApplicableInsuranceContract
Comply With Public Inspection RqrtrueComplyWithPublicInspectionRqr
Website AddressN/AWebsiteAddress
Books In Care Of Person NameSAYLES EVANSBooksInCareOfPersonName
Books In Care Of Phone Number6077342271BooksInCareOfPhoneNumber

Books In Care Of US Address BooksInCareOfUSAddress

FieldValueIRS element (for citing)
Address Line1ONE WEST CHURCH STREETAddressLine1
CityELMIRACity
StateNYState
ZIP Code14901ZIPCode

Statements Regarding Acty4720 StatementsRegardingActy4720

FieldValueIRS element (for citing)
Sale Or Exchange With Dsqfly PersonfalseSaleOrExchangeWithDsqflyPerson
Borrow Or Lend With Dsqfly PersonfalseBorrowOrLendWithDsqflyPerson
Furnished Goods With Dsqfly PersonfalseFurnishedGoodsWithDsqflyPerson
Pay Compensation To Dsqfly PersonfalsePayCompensationToDsqflyPerson
Transfer Assets To Dsqfly PersonfalseTransferAssetsToDsqflyPerson
Payment To Government OfficalfalsePaymentToGovernmentOffical
Undistributed Income Prior YearsfalseUndistributedIncomePriorYears
Business HoldingsfalseBusinessHoldings
Jeopardy InvestmentsfalseJeopardyInvestments
Uncorrected Jeopardy InvestmentsfalseUncorrectedJeopardyInvestments
Influence LegislationfalseInfluenceLegislation
Influence ElectionfalseInfluenceElection
Grants To IndividualsfalseGrantsToIndividuals
Grants To OrganizationsfalseGrantsToOrganizations
Noncharitable PurposefalseNoncharitablePurpose
Rcv Funds To Pay Prsnl Bnft ContractfalseRcvFundsToPayPrsnlBnftContract
Pay Premiums Prsnl Bnft ContractfalsePayPremiumsPrsnlBnftContract
Prohibited Tax Shelter TransactnfalseProhibitedTaxShelterTransactn

Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo

Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee (3 entries)

Address Line1USAddress/AddressLine1CityUSAddress/CityStateUSAddress/StateZIP CodeUSAddress/ZIPCodeTitleTitleAvg Hours Per Wk Devoted To PositionAvgHoursPerWkDevotedToPositionCompensationCompensationContri To Empl Benefit Plans EtcContriToEmplBenefitPlansEtcExpense Account Other AllowancesExpenseAccountOtherAllowances
JOANNA WURTELE
PO BOX 746NEWROADSLA70760PRESIDENT/TR1.00000
CLOVER M DRINKWATER
ONE WEST CHURCH STREETELMIRANY14901SECRETARY/TR1.00000
ELIZABETH LOWMAN MCCULLOUGH
6 MARTINS COVE ROADHINGHAMMA02043TRUSTEE1.00000
FieldValueIRS element (for citing)
Comp Of Highest Paid Empl NONENONECompOfHighestPaidEmplNONE
Comp Of Hghst Paid Cntrct NONENONECompOfHghstPaidCntrctNONE

Sum Of Program Related Investments SumOfProgramRelatedInvestments

FieldValueIRS element (for citing)
Description1N/ADescription1

Minimum Investment Return MinimumInvestmentReturn

FieldValueIRS element (for citing)
Avg Monthly FMV Of Securities3892546AvgMonthlyFMVOfSecurities
Avg Monthly Cash Balances156724AvgMonthlyCashBalances
FMV All Other Noncharitable Assets0FMVAllOtherNoncharitableAssets
Total FMV Of Unused Assets4049270TotalFMVOfUnusedAssets
Adj Total FMV Of Unused Assets4049270AdjTotalFMVOfUnusedAssets
Cash Deemed Charitable60739CashDeemedCharitable
Net Noncharitable Assets3988531NetNoncharitableAssets
Minimum Investment Return199427MinimumInvestmentReturn

Distributable DistributableAmount

FieldValueIRS element (for citing)
Minimum Investment Return199427MinimumInvestmentReturn
Tax Based On Investment Income3060TaxBasedOnInvestmentIncome
Total Tax3060TotalTax
Distributable Amount Before Adj196367DistributableAmountBeforeAdj
Distributable Amount Before Ded196367DistributableAmountBeforeDed
Distributable Amount As Adjusted196367DistributableAmountAsAdjusted

Qualifying Distributions QualifyingDistributions

FieldValueIRS element (for citing)
Expenses And Contributions260000ExpensesAndContributions
Qualifying Distributions260000QualifyingDistributions
Adj Qualifying Distributions260000AdjQualifyingDistributions

Undistributed Income UndistributedIncome

FieldValueIRS element (for citing)
Distributable Amount As Adjusted196367DistributableAmountAsAdjusted
Excess Distri Carryover Year5198805ExcessDistriCarryoverYear5
Excess Distri Carryover Year4210040ExcessDistriCarryoverYear4
Excess Distri Carryover Year363046ExcessDistriCarryoverYear3
Excess Distri Carryover Year2365497ExcessDistriCarryoverYear2
Excess Distri Carryover Year1245504ExcessDistriCarryoverYear1
Total Excess Distri Carryover1082892TotalExcessDistriCarryover
Qualifying Distributions260000QualifyingDistributions
Applied To Current Year196367AppliedToCurrentYear
Remaining Distri From Corpus63633RemainingDistriFromCorpus
Total Corpus1146525TotalCorpus
Undistributed Income CY0UndistributedIncomeCY
Excess Distri Cyov From Year5198805ExcessDistriCyovFromYear5
Excess Distri Cyov To Next Year947720ExcessDistriCyovToNextYear
Excess From Year4210040ExcessFromYear4
Excess From Year363046ExcessFromYear3
Excess From Year2365497ExcessFromYear2
Excess From Year1245504ExcessFromYear1
Excess From Current Year63633ExcessFromCurrentYear

Supplementary Information SupplementaryInformation

FieldValueIRS element (for citing)
Only Contributes To PreselectedXOnlyContributesToPreselected

Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (3 entries)

Business Name Line2RecipientBusinessName/BusinessNameLine2Address Line1RecipientUSAddress/AddressLine1CityRecipientUSAddress/CityStateRecipientUSAddress/StateZIP CodeRecipientUSAddress/ZIPCodeRecipient RelationshipRecipientRelationshipRecipient Foundation StatusRecipientFoundationStatusPurpose Of Grant Or ContributionPurposeOfGrantOrContributionAmountAmount
TEACH FOR AMERICA
OF SOUTH LOUISIANA605 N 6TH STREETBATON ROUGELA70802NONEPUBLICGENERAL SUPPORT$200,000
PROSECUTORS' EARLY INTERVENTION
PROGRAM23410 EDEN STREETPLAQUEMINELA70764NONEPUBLICGENERAL SUPPORT$50,000
COUNCIL FOR A BETTER LOUISIANA
PO BOX 4308BATON ROUGELA70821NONEPUBLICGENERAL SUPPORT$10,000
FieldValueIRS element (for citing)
Tot Grant Or Contri Paid During Year260000TotGrantOrContriPaidDuringYear

Analysis Income Producing Acty AnalysisIncomeProducingActy

Int On Savings And Temp Cash Invst IntOnSavingsAndTempCashInvst

FieldValueIRS element (for citing)
Exclusion Code14ExclusionCode
Exclusion$17ExclusionAmount

Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII

FieldValueIRS element (for citing)
Exclusion Code14ExclusionCode
Exclusion$95,664ExclusionAmount

Gain Sales Assets Oth Than Invntry GainSalesAssetsOthThanInvntry

FieldValueIRS element (for citing)
Exclusion Code14ExclusionCode
Exclusion$91,195ExclusionAmount

Subtotals Part XVIA SubtotalsPartXVIA

FieldValueIRS element (for citing)
Exclusion$186,876ExclusionAmount
FieldValueIRS element (for citing)
Total Part XVIA186876TotalPartXVIA

Rln Of Acty To Accom Of Exempt Prps RlnOfActyToAccomOfExemptPrps

Rln Of Acty To Accom Of Exempt Prps RlnOfActyToAccomOfExemptPrps (3 entries)

Line NumberLineNumberRelationship StatementRelationshipStatement
3THE FOUNDATION'S SOLE ACTIVITY IS TO INVEST
4ITS FUNDS IN ORDER TO MAKE GRANTS
8TO CHARITABLE ORGANIZATIONS.

Trnsfr Tr Rln With Noncharitable EO TrnsfrTrRlnWithNoncharitableEO

FieldValueIRS element (for citing)
Trnsfr Of Cash To Noncharitable EOfalseTrnsfrOfCashToNoncharitableEO
Trnsfr Oth Assets Noncharitable EOfalseTrnsfrOthAssetsNoncharitableEO
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssets
Purchase Assets Noncharitable EOfalsePurchaseAssetsNoncharitableEO
Rental Of Facilities EtcfalseRentalOfFacilitiesEtc
Reimbursement ArrangementsfalseReimbursementArrangements
Loans Or Loan GuaranteesfalseLoansOrLoanGuarantees
Performance Of Services EtcfalsePerformanceOfServicesEtc
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtc
Relationships Noncharitable E OsfalseRelationshipsNoncharitableEOs

Compensation Explanation CompensationExplanation

Compensation Compensation (3 entries)

JOANNA WURTELE
CLOVER M DRINKWATER
ELIZABETH LOWMAN MCCULLOUGH

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corp Stock InvestmentsCorpStock (2 entries)

Name Of StockNameOfStockEOY Book ValueEOYBookValueEOYFMVEOYFMV
CELENE CORP2370687510
SCHLUMBERGER2806858941

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOther (14 entries)

Category Or ItemCategoryOrItemListed At Cost Or FMVListedAtCostOrFMVBook ValueBookValueEOYFMVEOYFMV
VANGUARD 500 IDNEX FUNDAT COST
VANGUARD CONVERTIBLE SECURITIES FUNDAT COST
VANGUARD EMERGING MARKET FUNDAT COST130000127569
VANGUARD ENERGY FUNDAT COST126304128333
VANGUARD EXPLORER FUNDAT COST101233128152
VANGUARD HIGH YIELD CORP FUNDAT COST265000259401
VANGUARD INFLATION PROTECTED FUNDAT COST
VANGUARD INTERMEDIATE TERM TAX EXEMPAT COST297514306575
VANGUARD MID-CAP GROWTH FUNDAT COST134169165165
VANGUARD REIT INDEX FUNDAT COST89188126080
VANGUARD SELECTED VALUE FUNDAT COST171149181078
VANGUARD TOTAL BOND MARKET INDEX FUNAT COST723013771553
VANGUARD TOTAL INTENATIONAL STOCK FUAT COST812740742244
VANGUARD TOTAL STOCK MARKET INDEX FUAT COST786940902826

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFees

FieldValueIRS element (for citing)
CategoryLEGAL & TAX PREPARATION FEESCategory
Amount$1,729Amount

Other Expenses Schedule OtherExpensesSchedule

Other Expenses OtherExpenses (2 entries)

DescriptionDescriptionRevenue And Expenses Per BooksRevenueAndExpensesPerBooksNet Investment IncomeNetInvestmentIncome
EXPENSES
NY AG FILING FEE250250

Other Increases Schedule OtherIncreasesSchedule

Other Increases OtherIncreases

FieldValueIRS element (for citing)
DescriptionROUNDNG ADJUSTMENTDescription
Amount$1Amount

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees OtherProfessionalFees

FieldValueIRS element (for citing)
CategoryMARKET STREET TRUST CO. INV & ACategory
Amount$25,325Amount
Net Investment Income25325NetInvestmentIncome

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