VALICENTI FAMILY FOUNDATION INC: Form 990PF, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- VALICENTI FAMILY FOUNDATION INC (EIN 75-3215258)
- Tax period
- 2011-01-01 to 2011-12-31
- Filed
- 2012-03-06
- IRS object ID
- 201240669349100704
- 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
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Other Expenses Schedule
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2012-03-06T11:46:57-08:00 | 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 | VALICENTI ADVISORY SERVICES INC | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 350 WEST CHURCH STREET | AddressLine1 |
| City | ELMIRA | City |
| State | NY | State |
| ZIP Code | 149012637 | 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 | 753215258 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Valicenti Family Foundation Inc | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | VALI | NameControl |
| Phone | 6077342665 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 400 East Water Street | AddressLine1 |
| City | Elmira | City |
| State | NY | State |
| ZIP Code | 14901 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Joseph M Valicenti | Name |
| Title | Secretary | Title |
| Date Signed | 2012-03-06 | DateSigned |
| Authorize Third Party | true | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Paul E Hornbuckle CPA | Name |
| Phone | 6077339022 | 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) |
|---|---|---|
| Exempt PF | X | ExemptPF |
| FMV Assets EOY | 89131 | 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 | 3394 | InterestOnSavingsRevAndExpnss |
| Interest On Savings Net Invst Incm | 3394 | InterestOnSavingsNetInvstIncm |
| Interest On Savings Adj Net Incm | 3394 | InterestOnSavingsAdjNetIncm |
| Dividends Rev And Expnss | 772 | DividendsRevAndExpnss |
| Dividends Net Invst Incm | 772 | DividendsNetInvstIncm |
| Dividends Adj Net Incm | 772 | DividendsAdjNetIncm |
| Net Gain Sale Assets Rev And Expnss | -3450 | NetGainSaleAssetsRevAndExpnss |
| Gross Sales Price | 31031 | GrossSalesPrice |
| Total Revenue And Expenses | 716 | TotalRevenueAndExpenses |
| Total Net Investment Income | 4166 | TotalNetInvestmentIncome |
| Total Adjusted Net Income | 4166 | TotalAdjustedNetIncome |
| Accounting Fees Rev And Expnss | 320 | AccountingFeesRevAndExpnss |
| Accounting Fees Net Invst Incm | 320 | AccountingFeesNetInvstIncm |
| Other Prof Fees Rev And Expnss | 459 | OtherProfFeesRevAndExpnss |
| Other Prof Fees Net Invst Incm | 459 | OtherProfFeesNetInvstIncm |
| Taxes Rev And Expnss | 114 | TaxesRevAndExpnss |
| Taxes Net Invst Incm | 114 | TaxesNetInvstIncm |
| Other Expenses Rev And Expnss | 59 | OtherExpensesRevAndExpnss |
| Other Expenses Net Invst Incm | 59 | OtherExpensesNetInvstIncm |
| Tot Opr Expenses Rev And Expnss | 952 | TotOprExpensesRevAndExpnss |
| Tot Opr Expenses Net Invst Incm | 952 | TotOprExpensesNetInvstIncm |
| Tot Opr Expenses Dsbrs Chrtbl Prps | 0 | TotOprExpensesDsbrsChrtblPrps |
| Contri Gifts Paid Rev And Expnss | 1800 | ContriGiftsPaidRevAndExpnss |
| Contri Gifts Paid Dsbrs Chrtbl Prps | 1800 | ContriGiftsPaidDsbrsChrtblPrps |
| Total Expenses Rev And Expnss | 2752 | TotalExpensesRevAndExpnss |
| Total Expenses Net Invst Incm | 952 | TotalExpensesNetInvstIncm |
| Total Expenses Dsbrs Chrtbl Prps | 1800 | TotalExpensesDsbrsChrtblPrps |
| Excess Of Revenue Over Expenses | -2036 | ExcessOfRevenueOverExpenses |
| Net Investment Income | 3214 | NetInvestmentIncome |
| Adjusted Net Income | 4166 | AdjustedNetIncome |
Balance Sheets BalanceSheets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investments Corp Stock BOY | 33144 | InvestmentsCorpStockBOY |
| Investments Corp Stock EOY | 31711 | InvestmentsCorpStockEOY |
| Investments Corp Stock EOYFMV | 37298 | InvestmentsCorpStockEOYFMV |
| Investments Corp Bonds BOY | 39740 | InvestmentsCorpBondsBOY |
| Investments Corp Bonds EOY | 39740 | InvestmentsCorpBondsEOY |
| Investments Corp Bonds EOYFMV | 39368 | InvestmentsCorpBondsEOYFMV |
| Investments Other BOY | 13067 | InvestmentsOtherBOY |
| Investments Other EOY | 12465 | InvestmentsOtherEOY |
| Investments Other EOYFMV | 12465 | InvestmentsOtherEOYFMV |
| Total Assets BOY | 85951 | TotalAssetsBOY |
| Total Assets EOY | 83916 | TotalAssetsEOY |
| Total Assets EOYFMV | 89131 | TotalAssetsEOYFMV |
| Other Liabilities BOY | 1 | OtherLiabilitiesBOY |
| Other Liabilities EOY | 2 | OtherLiabilitiesEOY |
| Total Liabilities BOY | 1 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 2 | TotalLiabilitiesEOY |
| Org That Follow SFAS117 | X | OrgThatFollowSFAS117 |
| Unrestricted BOY | 85950 | UnrestrictedBOY |
| Unrestricted EOY | 83914 | UnrestrictedEOY |
| Total Net Assets BOY | 85950 | TotalNetAssetsBOY |
| Total Net Assets EOY | 83914 | TotalNetAssetsEOY |
| Total Liabilities Net Assets BOY | 85951 | TotalLiabilitiesNetAssetsBOY |
| Total Liabilities Net Assets EOY | 83916 | TotalLiabilitiesNetAssetsEOY |
Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Net Assets Fund Balances BOY | 85950 | TotalNetAssetsFundBalancesBOY |
| Excess Of Revenue Over Expenses | -2036 | ExcessOfRevenueOverExpenses |
| Subtotal | 83914 | Subtotal |
| Total Net Assets Fund Balances EOY | 83914 | TotalNetAssetsFundBalancesEOY |
Capital Gains And Losses CapitalGainsAndLosses
Capital Gains And Losses Info CapitalGainsAndLossesInfo (12 entries)
| Description Of AssetDescriptionOfAsset | How AcquiredHowAcquired | Date AcquiredDateAcquired | Date SoldDateSold | Gross Sales PriceGrossSalesPrice | Cost Or Other BasisCostOrOtherBasis | Gain Or LossGainOrLoss | Gains Minus Excess Or LossesGainsMinusExcessOrLosses |
|---|---|---|---|---|---|---|---|
| 30 shs Union Pacific | P | 2011-02-23 | 2011-11-21 | 2963 | 2787 | 176 | 176 |
| 150 shs Select Sector | P | 2011-10-04 | 2011-10-11 | 4842 | 4350 | 492 | 492 |
| 50 shs Proshares | P | 2009-10-28 | 2011-09-07 | 1141 | 2320 | -1179 | -1179 |
| 50 shs Proshares Ultrashort S&P500 | P | 2008-10-23 | 2011-09-07 | 1141 | 2949 | -1808 | -1808 |
| 25 shs Deere | P | 2011-02-23 | 2011-09-07 | 1947 | 2223 | -276 | -276 |
| 200 shs Cisco Systems | P | 2010-11-11 | 2011-09-07 | 3094 | 4125 | -1031 | -1031 |
| 100 shs Overseas Shipholding | P | 2011-01-07 | 2011-08-08 | 1885 | 3652 | -1767 | -1767 |
| 100 shs Microsoft Corp | P | 2011-05-18 | 2011-07-28 | 2761 | 2488 | 273 | 273 |
| 100 shs Intel | P | 2009-09-21 | 2011-04-26 | 2223 | 1981 | 242 | 242 |
| 200 shs Ishares Tr Comex | P | 2010-05-12 | 2011-04-14 | 2858 | 2461 | 397 | 397 |
| 300 shs Micron Tech | P | 2010-05-21 | 2011-02-10 | 3369 | 2672 | 697 | 697 |
| 100 shs Microsoft Corp | P | 2010-08-16 | 2011-01-07 | 2807 | 2473 | 334 | 334 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -3450 | CapitalGainNetIncome |
| Net Short Term Capital Gain Or Loss | -705 | NetShortTermCapitalGainOrLoss |
Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | 64 | InvestmentIncomeExciseTax |
| Subtotal | 64 | Subtotal |
| Tax Based On Investment Income | 64 | TaxBasedOnInvestmentIncome |
| Tax Due | 64 | TaxDue |
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 |
| Form990 T Filed | false | Form990TFiled |
| Termination Etc | false | TerminationEtc |
| Requirements Of Sect508e | true | RequirementsOfSect508e |
| At Least5000 In Assets | true | AtLeast5000InAssets |
| States Filed With | NY | 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 Business Name BooksInCareOfBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Joseph M Valicenti | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Books In Care Of Phone Number | 6077342665 | BooksInCareOfPhoneNumber |
Books In Care Of US Address BooksInCareOfUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 400 East Water Street | AddressLine1 |
| City | Elmira | City |
| State | NY | State |
| ZIP Code | 14901 | 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 |
| Acts Fail To Qualify As Exceptions | false | ActsFailToQualifyAsExceptions |
| Uncorrected Prior Acts | false | UncorrectedPriorActs |
| Undistributed Income Prior Years | false | UndistributedIncomePriorYears |
| Undistr Income4942a2 Not Applied | false | UndistrIncome4942a2NotApplied |
| Business Holdings | false | BusinessHoldings |
| Excess Business Holdings | false | ExcessBusinessHoldings |
| 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 |
| Tr Fail To Qualify As Exceptions | false | TrFailToQualifyAsExceptions |
| Maint Expend Responsibility | false | MaintExpendResponsibility |
| Rcv Funds To Pay Prsnl Bnft Contract | false | RcvFundsToPayPrsnlBnftContract |
| Pay Premiums Prsnl Bnft Contract | false | PayPremiumsPrsnlBnftContract |
| Prohibited Tax Shelter Transactn | false | ProhibitedTaxShelterTransactn |
| Proceeds Or Net Income | false | ProceedsOrNetIncome |
Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo
Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee (3 entries)
| Address Line1USAddress/AddressLine1 | CityUSAddress/City | StateUSAddress/State | ZIP CodeUSAddress/ZIPCode | TitleTitle | Avg Hours Per Wk Devoted To PositionAvgHoursPerWkDevotedToPosition | CompensationCompensation |
|---|---|---|---|---|---|---|
| Josephine M Valicenti | ||||||
| 840 South Collier Blvd 806 | Marco Island | FL | 34145 | Vice President | 0.00 | 0 |
| Vincent R Valicenti | ||||||
| 840 South Collier Blvd 806 | Marco Island | FL | 34145 | Pres/Treas | 0.00 | 0 |
| Joseph M Valicenti | ||||||
| 109 Esthers Way | Horseheads | NY | 14845 | Secretary | 0.00 | 0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Highest Paid Empl NONE | NONE | CompOfHighestPaidEmplNONE |
| Comp Of Hghst Paid Cntrct NONE | NONE | CompOfHghstPaidCntrctNONE |
Minimum Investment Return MinimumInvestmentReturn
| Field | Value | IRS element (for citing) |
|---|---|---|
| Avg Monthly FMV Of Securities | 84848 | AvgMonthlyFMVOfSecurities |
| Avg Monthly Cash Balances | 7139 | AvgMonthlyCashBalances |
| FMV All Other Noncharitable Assets | 0 | FMVAllOtherNoncharitableAssets |
| Total FMV Of Unused Assets | 91987 | TotalFMVOfUnusedAssets |
| Reduction Claimed | 0 | ReductionClaimed |
| Adj Total FMV Of Unused Assets | 91987 | AdjTotalFMVOfUnusedAssets |
| Cash Deemed Charitable | 1380 | CashDeemedCharitable |
| Net Noncharitable Assets | 90607 | NetNoncharitableAssets |
| Minimum Investment Return | 4530 | MinimumInvestmentReturn |
Distributable DistributableAmount
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | 4530 | MinimumInvestmentReturn |
| Tax Based On Investment Income | 64 | TaxBasedOnInvestmentIncome |
| Total Tax | 64 | TotalTax |
| Distributable Amount Before Adj | 4466 | DistributableAmountBeforeAdj |
| Distributable Amount Before Ded | 4466 | DistributableAmountBeforeDed |
| Distributable Amount As Adjusted | 4466 | DistributableAmountAsAdjusted |
Qualifying Distributions QualifyingDistributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | 1800 | ExpensesAndContributions |
| Qualifying Distributions | 1800 | QualifyingDistributions |
| Adj Qualifying Distributions | 1800 | AdjQualifyingDistributions |
Undistributed Income UndistributedIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable Amount As Adjusted | 4466 | DistributableAmountAsAdjusted |
| Excess Distri Carryover Year5 | 4081 | ExcessDistriCarryoverYear5 |
| Excess Distri Carryover Year4 | 10820 | ExcessDistriCarryoverYear4 |
| Excess Distri Carryover Year3 | 6594 | ExcessDistriCarryoverYear3 |
| Total Excess Distri Carryover | 21495 | TotalExcessDistriCarryover |
| Qualifying Distributions | 1800 | QualifyingDistributions |
| Treated As Distri From Corpus | 0 | TreatedAsDistriFromCorpus |
| Applied To Current Year | 1800 | AppliedToCurrentYear |
| Excess Distri Cyov App CY Corpus | 2666 | ExcessDistriCyovAppCYCorpus |
| Excess Distri Cyov Applied CY | 2666 | ExcessDistriCyovAppliedCY |
| Total Corpus | 18829 | TotalCorpus |
| Undistributed Income CY | 0 | UndistributedIncomeCY |
| Excess Distri Cyov From Year5 | 1415 | ExcessDistriCyovFromYear5 |
| Excess Distri Cyov To Next Year | 17414 | ExcessDistriCyovToNextYear |
| Excess From Year4 | 10820 | ExcessFromYear4 |
| Excess From Year3 | 6594 | ExcessFromYear3 |
Supplementary Information SupplementaryInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contributes To Preselected | X | OnlyContributesToPreselected |
Appication Submission Info AppicationSubmissionInfo
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 400 East Water Street | AddressLine1 |
| City | Elmira | City |
| State | NY | State |
| ZIP Code | 14901 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone Number | 6077342665 | RecipientPhoneNumber |
| Form And Info And Materials | Written request outlining purpose of funds, date of funding needs, and background of organization. Additionally, amount of funds requested and total amounts of funds budgeted by the requesting organization. | FormAndInfoAndMaterials |
| Submission Deadlines | Ongoing | SubmissionDeadlines |
| Restrictions On Awards | Requests must be submitted by or for the intended receipt by an exempt organization organizaed under Sec. 501(c)(3). | RestrictionsOnAwards |
Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (6 entries)
| Address Line1RecipientUSAddress/AddressLine1 | CityRecipientUSAddress/City | StateRecipientUSAddress/State | ZIP CodeRecipientUSAddress/ZIPCode | Recipient RelationshipRecipientRelationship | Recipient Foundation StatusRecipientFoundationStatus | Purpose Of Grant Or ContributionPurposeOfGrantOrContribution | AmountAmount |
|---|---|---|---|---|---|---|---|
| Deneka Family Fund | |||||||
| 307B East Water St | Elmira | NY | 14901 | Independent agency | Public | To provide community support. | $250 |
| Southern Tier Hospice | |||||||
| 11751 E Corning Rd | Corning | NY | 14830 | None | Public | To provide support to a community organization serving the ill. | $150 |
| Soldiers Sailors Hospital | |||||||
| 418 N Main St | Penn Yan | NY | 14527 | None | Public | To provide support to a community medical facility. | $200 |
| Ochestra of the Southern Finger Lak | |||||||
| 52 W Market St | Corning | NY | 14830 | None | Public | To provide support to a community music organization. | $200 |
| CCC Development Foundation | |||||||
| One Academic Drive | Corning | NY | 14830 | None | Public | To provide support to education. | $500 |
| Notre Dame Annual Fund | |||||||
| 1400 Maple Ave | Elmira | NY | 14904 | None | Public | To provide educational support. | $500 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Grant Or Contri Paid During Year | 1800 | TotGrantOrContriPaidDuringYear |
Analysis Income Producing Acty AnalysisIncomeProducingActy
Int On Savings And Temp Cash Invst IntOnSavingsAndTempCashInvst
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Income | 3394 | RelatedOrExemptFunctionIncome |
Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Income | 772 | RelatedOrExemptFunctionIncome |
Gain Sales Assets Oth Than Invntry GainSalesAssetsOthThanInvntry
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Income | -3450 | RelatedOrExemptFunctionIncome |
Subtotals Part XVIA SubtotalsPartXVIA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Income | 716 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Part XVIA | 716 | TotalPartXVIA |
Rln Of Acty To Accom Of Exempt Prps RlnOfActyToAccomOfExemptPrps
Rln Of Acty To Accom Of Exempt Prps RlnOfActyToAccomOfExemptPrps
| Field | Value | IRS element (for citing) |
|---|---|---|
| Line Number | 3 4 8 | LineNumber |
| Relationship Statement | Investment earnings were distributed as grants to qualified charitable organizations for their use for exempt purposes. | RelationshipStatement |
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 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees AccountingFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Accounting fees | Category |
| Amount | $320 | Amount |
| Net Investment Income | 320 | NetInvestmentIncome |
| Adjusted Net Income | 0 | AdjustedNetIncome |
| Disbursements Charitable Prps | 0 | DisbursementsCharitablePrps |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corp Bonds InvestmentsCorpBonds (6 entries)
| Name Of BondNameOfBond | EOY Book ValueEOYBookValue | EOYFMVEOYFMV |
|---|---|---|
| Overseas Shiphldg Gr 8.125% | 5279 | 3123 |
| Nextel Comm 7.375% | 4229 | 4639 |
| Accrued Interest | 1281 | |
| Woolworth Corp 8.5% Bonds | 14964 | 15525 |
| Borden Chem 8.375% bonds | 4568 | 3900 |
| RJ Reynolds 9.25% bonds | 10700 | 10900 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corp Stock InvestmentsCorpStock (16 entries)
| Name Of StockNameOfStock | EOY Book ValueEOYBookValue | EOYFMVEOYFMV |
|---|---|---|
| 100 shs Walt Disney | 3575 | 3750 |
| 25 shs Caterpillar Inc | 2196 | 2265 |
| 20 shs Amazon Com Inc | 3571 | 3462 |
| 200 Ishares Tr Comex Gold | ||
| 100 shs Microsoft Corp | ||
| 300 shs Micron Tech | ||
| 250 shs Mcdermott Intl Inc | 3787 | 2878 |
| 10 shs Intuitive Surgical | 2687 | 4630 |
| 200 shs Cisco Systems Inc | ||
| 10 shs Apple Inc | 3134 | 4050 |
| 100 shs Intel Corp | ||
| 75 shs General Electric | 496 | 1343 |
| 100 shs EMC Corp | 1768 | 2154 |
| 100 shs ALtria Group | 1806 | 2965 |
| 440 shs Elmira Savings Bank | 4947 | 7205 |
| 200 shs Corning Inc | 3744 | 2596 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOther (2 entries)
| Category Or ItemCategoryOrItem | Listed At Cost Or FMVListedAtCostOrFMV | Book ValueBookValue | EOYFMVEOYFMV |
|---|---|---|---|
| 100 shs Proshares Ultrashort Lehman | AT COST | ||
| Money Market Funds | AT COST | 12465 | 12465 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses OtherExpenses (2 entries)
| DescriptionDescription | Revenue And Expenses Per BooksRevenueAndExpensesPerBooks | Net Investment IncomeNetInvestmentIncome |
|---|---|---|
| UPS Fee | 9 | 9 |
| NYS Filing Fees | 50 | 50 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | Rounding | Description |
| BOY Book Value | 1 | BOYBookValue |
| EOY Book Value | 2 | EOYBookValue |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees OtherProfessionalFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Investment Mgt Fees | Category |
| Amount | $459 | Amount |
| Net Investment Income | 459 | NetInvestmentIncome |
| Adjusted Net Income | 0 | AdjustedNetIncome |
| Disbursements Charitable Prps | 0 | DisbursementsCharitablePrps |
Taxes Schedule TaxesSchedule
Taxes Taxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | 990-PF f/y/e 12/31/09 | Category |
| Amount | $114 | Amount |
| Net Investment Income | 114 | NetInvestmentIncome |
Comments