GOOD NEWS FOUNDATION TR: Form 990PF, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- GOOD NEWS FOUNDATION TR (EIN 16-6413692)
- Tax period
- 2011-01-01 to 2011-12-31
- Filed
- 2012-11-14
- IRS object ID
- 201243199349100939
- 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 Stock Schedule
- Investments Other Schedule2
- Other Decreases Schedule
- Other Expenses Schedule
- Other Liabilities Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2012-11-14T16:28:25-06:00 | Timestamp |
| Tax Period End Date | 2011-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 161131146 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BONADIO & CO LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 6 WEMBLEY COURT | AddressLine1 |
| City | ALBANY | City |
| State | NY | State |
| ZIP Code | 12205 | 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 | 166413692 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GOOD NEWS FOUNDATION TRUST CO MICHAEL E BUCKLEY | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | GOOD | NameControl |
| Phone | 3157356210 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 33 STANHOPE COURT | AddressLine1 |
| City | NEW HARTFORD | City |
| State | NY | State |
| ZIP Code | 13413 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | MICHAEL BUCKLEY | Name |
| Title | TRUSTEE | Title |
| Phone | 3157356210 | Phone |
| Date Signed | 2012-11-14 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | TERRI CONRAD REGAN | Name |
| PTIN | P00449706 | PTIN |
| Phone | 5184644080 | Phone |
| Date Prepared | 2012-11-14 | DatePrepared |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exempt PF | X | ExemptPF |
| FMV Assets EOY | 10163209 | FMVAssetsEOY |
| Method Of Accounting Cash | X | MethodOfAccountingCash |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Not Required To Attach Schedule B | X | NotRequiredToAttachScheduleB |
| Dividends Rev And Expnss | 343432 | DividendsRevAndExpnss |
| Dividends Net Invst Incm | 343432 | DividendsNetInvstIncm |
| Net Gain Sale Assets Rev And Expnss | 79730 | NetGainSaleAssetsRevAndExpnss |
| Gross Sales Price | 534437 | GrossSalesPrice |
| Capital Gain Net Incm Net Invst Incm | 79730 | CapitalGainNetIncmNetInvstIncm |
| Total Revenue And Expenses | 423162 | TotalRevenueAndExpenses |
| Total Net Investment Income | 423162 | TotalNetInvestmentIncome |
| Comp Ofcr Dir Trst Rev And Expnss | 0 | CompOfcrDirTrstRevAndExpnss |
| Comp Ofcr Dir Trst Net Invst Incm | 0 | CompOfcrDirTrstNetInvstIncm |
| Comp Ofcr Dir Trst Dsbrs Chrtbl Prps | 0 | CompOfcrDirTrstDsbrsChrtblPrps |
| Accounting Fees Rev And Expnss | 4520 | AccountingFeesRevAndExpnss |
| Accounting Fees Net Invst Incm | 0 | AccountingFeesNetInvstIncm |
| Accounting Fees Dsbrs Chrtbl Prps | 0 | AccountingFeesDsbrsChrtblPrps |
| Taxes Rev And Expnss | 13344 | TaxesRevAndExpnss |
| Taxes Net Invst Incm | 0 | TaxesNetInvstIncm |
| Taxes Dsbrs Chrtbl Prps | 0 | TaxesDsbrsChrtblPrps |
| Other Expenses Rev And Expnss | 15844 | OtherExpensesRevAndExpnss |
| Other Expenses Net Invst Incm | 15828 | OtherExpensesNetInvstIncm |
| Other Expenses Dsbrs Chrtbl Prps | 0 | OtherExpensesDsbrsChrtblPrps |
| Tot Opr Expenses Rev And Expnss | 33708 | TotOprExpensesRevAndExpnss |
| Tot Opr Expenses Net Invst Incm | 15828 | TotOprExpensesNetInvstIncm |
| Tot Opr Expenses Dsbrs Chrtbl Prps | 0 | TotOprExpensesDsbrsChrtblPrps |
| Contri Gifts Paid Rev And Expnss | 520169 | ContriGiftsPaidRevAndExpnss |
| Contri Gifts Paid Dsbrs Chrtbl Prps | 520169 | ContriGiftsPaidDsbrsChrtblPrps |
| Total Expenses Rev And Expnss | 553877 | TotalExpensesRevAndExpnss |
| Total Expenses Net Invst Incm | 15828 | TotalExpensesNetInvstIncm |
| Total Expenses Dsbrs Chrtbl Prps | 520169 | TotalExpensesDsbrsChrtblPrps |
| Excess Of Revenue Over Expenses | -130715 | ExcessOfRevenueOverExpenses |
| Net Investment Income | 407334 | NetInvestmentIncome |
Balance Sheets BalanceSheets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | 12263 | CashBOY |
| Cash EOY | 30962 | CashEOY |
| Cash EOYFMV | 30962 | CashEOYFMV |
| Savings And Temp Cash Invst BOY | 388862 | SavingsAndTempCashInvstBOY |
| Savings And Temp Cash Invst EOY | 156630 | SavingsAndTempCashInvstEOY |
| Savings And Temp Cash Invst EOYFMV | 156630 | SavingsAndTempCashInvstEOYFMV |
| Investments Corp Stock BOY | 1500175 | InvestmentsCorpStockBOY |
| Investments Corp Stock EOY | 1579382 | InvestmentsCorpStockEOY |
| Investments Corp Stock EOYFMV | 1877154 | InvestmentsCorpStockEOYFMV |
| Investments Other BOY | 8100000 | InvestmentsOtherBOY |
| Investments Other EOY | 8000000 | InvestmentsOtherEOY |
| Investments Other EOYFMV | 8098463 | InvestmentsOtherEOYFMV |
| Total Assets BOY | 10001300 | TotalAssetsBOY |
| Total Assets EOY | 9766974 | TotalAssetsEOY |
| Total Assets EOYFMV | 10163209 | TotalAssetsEOYFMV |
| Other Liabilities BOY | 29433 | OtherLiabilitiesBOY |
| Other Liabilities EOY | 20169 | OtherLiabilitiesEOY |
| Total Liabilities BOY | 29433 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 20169 | TotalLiabilitiesEOY |
| Org That Do Not Follow SFAS117 | X | OrgThatDoNotFollowSFAS117 |
| Capital Stock BOY | 9971867 | CapitalStockBOY |
| Capital Stock EOY | 9746805 | 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 | 9971867 | TotalNetAssetsBOY |
| Total Net Assets EOY | 9746805 | TotalNetAssetsEOY |
| Total Liabilities Net Assets BOY | 10001300 | TotalLiabilitiesNetAssetsBOY |
| Total Liabilities Net Assets EOY | 9766974 | TotalLiabilitiesNetAssetsEOY |
Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Net Assets Fund Balances BOY | 9971867 | TotalNetAssetsFundBalancesBOY |
| Excess Of Revenue Over Expenses | -130715 | ExcessOfRevenueOverExpenses |
| Other Increases | 0 | OtherIncreases |
| Subtotal | 9841152 | Subtotal |
| Other Decreases | 94347 | OtherDecreases |
| Total Net Assets Fund Balances EOY | 9746805 | TotalNetAssetsFundBalancesEOY |
Capital Gains And Losses CapitalGainsAndLosses
Capital Gains And Losses Info CapitalGainsAndLossesInfo (21 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 |
|---|---|---|---|---|---|---|---|
| 150 SH AMAZON COM INC | P | 2009-11-23 | 2011-06-15 | 28710 | 19919 | 8791 | 8791 |
| 60 SH APPLE INC | P | 2009-08-20 | 2011-06-15 | 19738 | 9994 | 9744 | 9744 |
| 1700 SH AVERY DENNISON CORP | P | 2010-03-16 | 2011-09-16 | 49938 | 57883 | -7945 | -7945 |
| 18 SH BERKSHIRE HATHAWAY CL B | P | 2010-01-20 | 2011-06-15 | 13336 | 11799 | 1537 | 1537 |
| 500 SH CARNIVAL CORP | P | 2009-07-30 | 2011-06-15 | 17527 | 14054 | 3473 | 3473 |
| 300 SH CH ROBINSON WORLDWD | P | 2010-05-13 | 2011-04-29 | 24026 | 18236 | 5790 | 5790 |
| 280 SH CHEVRON CORPORATION | P | 2010-03-16 | 2011-04-29 | 30638 | 20734 | 9904 | 9904 |
| 2200 SH CISCO SYSTEMS INC | P | 2010-03-16 | 2011-06-15 | 32814 | 57593 | -24779 | -24779 |
| 500 SH DANAHER CORP DEL | P | 2010-03-16 | 2011-04-29 | 27627 | 19519 | 8108 | 8108 |
| 260 SH EXXON MOBIL CORPORATION | P | 2009-07-30 | 2011-06-15 | 20734 | 17931 | 2803 | 2803 |
| 1000 SH HARLEY DAVIDSON INC | P | 2009-07-30 | 2011-06-15 | 36152 | 22287 | 13865 | 13865 |
| 170 SH INT'L BUSINESS MACHINES | P | 2010-03-10 | 2011-06-15 | 27690 | 21315 | 6375 | 6375 |
| 240 SH INTUIT INC | P | 2010-08-26 | 2011-06-15 | 12066 | 10204 | 1862 | 1862 |
| 300 SH LACLEDE GAS COMPANY | P | 2010-03-10 | 2011-06-15 | 10827 | 10101 | 726 | 726 |
| 600 SH MCCORMICK & CO INC | P | 2009-07-30 | 2011-06-15 | 29525 | 19588 | 9937 | 9937 |
| 300 SH PERRIGO CO | P | 2010-03-16 | 2011-06-15 | 25230 | 15474 | 9756 | 9756 |
| 1000 SH SCHEIN HENRY INC | P | 2010-03-16 | 2011-06-15 | 16029 | 13149 | 2880 | 2880 |
| 1400 SH SCOTTS MIRACLE GROW CO | P | 2009-07-30 | 2011-09-15 | 66379 | 55829 | 10550 | 10550 |
| 700 SH THE CHARLES SCHWAB CORP | P | 2009-08-20 | 2011-06-15 | 11423 | 12319 | -896 | -896 |
| 400 SH THE SOUTHERN COMPANY | P | 2009-08-20 | 2011-06-15 | 15755 | 12534 | 3221 | 3221 |
| 200 SH 3M COMPANY | P | 2009-08-20 | 2011-06-15 | 18273 | 14245 | 4028 | 4028 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | 79730 | CapitalGainNetIncome |
Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable For4942 Tax | 0 | LiableFor4942Tax |
| Qualifying Distributions Year1 | 712835 | QualifyingDistributionsYear1 |
| Noncharitable Assets Year1 | 10633393 | NoncharitableAssetsYear1 |
| Distribution Ratio Year1 | 0.067037 | DistributionRatioYear1 |
| Qualifying Distributions Year2 | 577750 | QualifyingDistributionsYear2 |
| Noncharitable Assets Year2 | 10869461 | NoncharitableAssetsYear2 |
| Distribution Ratio Year2 | 0.053154 | DistributionRatioYear2 |
| Qualifying Distributions Year3 | 6935058 | QualifyingDistributionsYear3 |
| Noncharitable Assets Year3 | 16773496 | NoncharitableAssetsYear3 |
| Distribution Ratio Year3 | 0.413453 | DistributionRatioYear3 |
| Qualifying Distributions Year4 | 200000 | QualifyingDistributionsYear4 |
| Noncharitable Assets Year4 | 21581559 | NoncharitableAssetsYear4 |
| Distribution Ratio Year4 | 0.009267 | DistributionRatioYear4 |
| Total Distribution Ratio | 0.542911 | TotalDistributionRatio |
| Average Distribution Ratio | 0.135728 | AverageDistributionRatio |
| Net Noncharitable Assets | 10460145 | NetNoncharitableAssets |
| Adjusted Noncharitable Assets | 1419735 | AdjustedNoncharitableAssets |
| One Percent Net Investment Income | 4073 | OnePercentNetInvestmentIncome |
| Adj Nonchrtbl Assets And One | 1423808 | AdjNonchrtblAssetsAndOnePct |
| Qualifying Distributions | 520169 | QualifyingDistributions |
Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | 8147 | InvestmentIncomeExciseTax |
| Tax Under Section511 | 0 | TaxUnderSection511 |
| Subtotal | 8147 | Subtotal |
| Subtitle A Tax | 0 | SubtitleATax |
| Tax Based On Investment Income | 8147 | TaxBasedOnInvestmentIncome |
| Est Tax Payments And Overpayment | 11600 | EstTaxPaymentsAndOverpayment |
| Total Credits And Payments | 11600 | TotalCreditsAndPayments |
| Form2220 Attached | X | Form2220Attached |
| Overpayment | 3453 | Overpayment |
| Amount Credited To Next Year | 3453 | 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 | MICHAEL BUCKLEY TRUSTEE | BooksInCareOfPersonName |
| Books In Care Of Phone Number | 3157356210 | BooksInCareOfPhoneNumber |
Books In Care Of US Address BooksInCareOfUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 33 STANHOPE COURT | AddressLine1 |
| City | NEW HARTFORD | City |
| State | NY | State |
| ZIP Code | 13413 | 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 | 0 | PayCompensationToDsqflyPerson |
| Transfer Assets To Dsqfly Person | 0 | TransferAssetsToDsqflyPerson |
| Payment To Government Offical | 0 | PaymentToGovernmentOffical |
| 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person Name | MICHAEL BUCKLEY | PersonName |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 50 IRVING ROAD | AddressLine1 |
| City | NEW HARTFORD | City |
| State | NY | State |
| ZIP Code | 13413 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Title | TRUSTEE | Title |
| Avg Hours Per Wk Devoted To Position | 5.00 | AvgHoursPerWkDevotedToPosition |
| Compensation | 0 | Compensation |
| Contri To Empl Benefit Plans Etc | 0 | ContriToEmplBenefitPlansEtc |
| Expense Account Other Allowances | 0 | ExpenseAccountOtherAllowances |
| 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 |
Sum Of Program Related Investments SumOfProgramRelatedInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Minimum Investment Return MinimumInvestmentReturn
| Field | Value | IRS element (for citing) |
|---|---|---|
| Avg Monthly FMV Of Securities | 10325078 | AvgMonthlyFMVOfSecurities |
| Avg Monthly Cash Balances | 294359 | AvgMonthlyCashBalances |
| FMV All Other Noncharitable Assets | 0 | FMVAllOtherNoncharitableAssets |
| Total FMV Of Unused Assets | 10619437 | TotalFMVOfUnusedAssets |
| Reduction Claimed | 0 | ReductionClaimed |
| Acquisition Indebtedness | 0 | AcquisitionIndebtedness |
| Adj Total FMV Of Unused Assets | 10619437 | AdjTotalFMVOfUnusedAssets |
| Cash Deemed Charitable | 159292 | CashDeemedCharitable |
| Net Noncharitable Assets | 10460145 | NetNoncharitableAssets |
| Minimum Investment Return | 523007 | MinimumInvestmentReturn |
Distributable DistributableAmount
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | 523007 | MinimumInvestmentReturn |
| Tax Based On Investment Income | 8147 | TaxBasedOnInvestmentIncome |
| Total Tax | 8147 | TotalTax |
| Distributable Amount Before Adj | 514860 | DistributableAmountBeforeAdj |
| Recoveries Qlfy Distributions | 0 | RecoveriesQlfyDistributions |
| Distributable Amount Before Ded | 514860 | DistributableAmountBeforeDed |
| Deduction Fr Distributable | $0 | DeductionFrDistributableAmount |
| Distributable Amount As Adjusted | 514860 | DistributableAmountAsAdjusted |
Qualifying Distributions QualifyingDistributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | 520169 | ExpensesAndContributions |
| Program Related Investments Total | 0 | ProgramRelatedInvestmentsTotal |
| Qualifying Distributions | 520169 | QualifyingDistributions |
| One Pct Sect4940e Org Net Invst Incm | 0 | OnePctSect4940eOrgNetInvstIncm |
| Adj Qualifying Distributions | 520169 | AdjQualifyingDistributions |
Undistributed Income UndistributedIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable Amount As Adjusted | 514860 | DistributableAmountAsAdjusted |
| Undistributed Income Prior Year | 520169 | UndistributedIncomePriorYear |
| Total For Prior Years | 0 | TotalForPriorYears |
| Total Excess Distri Carryover | 0 | TotalExcessDistriCarryover |
| Qualifying Distributions | 520169 | QualifyingDistributions |
| Applied To Year1 | 520169 | AppliedToYear1 |
| Applied To Prior Years | 0 | AppliedToPriorYears |
| Treated As Distri From Corpus | 0 | TreatedAsDistriFromCorpus |
| Applied To Current Year | 0 | AppliedToCurrentYear |
| Remaining Distri From Corpus | 0 | RemainingDistriFromCorpus |
| Excess Distri Cyov App CY Corpus | 0 | ExcessDistriCyovAppCYCorpus |
| Excess Distri Cyov Applied CY | 0 | 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 | 514860 | 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
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GOOD NEWS FOUNDATION OF CENTRAL NEW YORK | BusinessNameLine1 |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 10475 COSBY MANOR ROAD | AddressLine1 |
| City | UTICA | City |
| State | NY | State |
| ZIP Code | 13502 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Relationship | N/A | RecipientRelationship |
| Recipient Foundation Status | PRIVATE OPERATING FO | RecipientFoundationStatus |
| Purpose Of Grant Or Contribution | DISTRIBUTION | PurposeOfGrantOrContribution |
| Amount | $520,169 | Amount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Grant Or Contri Paid During Year | 520169 | TotGrantOrContriPaidDuringYear |
| Tot Grant Or Contri Approved Future | 0 | TotGrantOrContriApprovedFuture |
Analysis Income Producing Acty AnalysisIncomeProducingActy
Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 14 | ExclusionCode |
| Exclusion | $343,432 | ExclusionAmount |
Gain Sales Assets Oth Than Invntry GainSalesAssetsOthThanInvntry
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 18 | ExclusionCode |
| Exclusion | $79,730 | ExclusionAmount |
Subtotals Part XVIA SubtotalsPartXVIA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Income | $0 | UnrelatedBusinessIncomeAmount |
| Exclusion | $423,162 | ExclusionAmount |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Part XVIA | 423162 | 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 | ACCOUNTING FEES | Category |
| Amount | $4,520 | Amount |
| Net Investment Income | 0 | NetInvestmentIncome |
| Disbursements Charitable Prps | 0 | DisbursementsCharitablePrps |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corp Stock InvestmentsCorpStock
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Stock | SCHWAB | NameOfStock |
| EOY Book Value | 1579382 | EOYBookValue |
| EOYFMV | 1877154 | EOYFMV |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | ANNUITIES | CategoryOrItem |
| Listed At Cost Or FMV | AT COST | ListedAtCostOrFMV |
| Book Value | 8000000 | BookValue |
| EOYFMV | 8098463 | EOYFMV |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases OtherDecreases
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | PRIOR PERIOD ADJUSTMENT | Description |
| Amount | $94,347 | Amount |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses OtherExpenses (2 entries)
| DescriptionDescription | Revenue And Expenses Per BooksRevenueAndExpensesPerBooks | Net Investment IncomeNetInvestmentIncome | Disbursements Charitable PrpsDisbursementsCharitablePrps |
|---|---|---|---|
| MISCELLANEOUS OFFICE EXPENSES | 32 | 16 | 0 |
| INVESTMENT MANAGEMENT FEES | 15812 | 15812 | 0 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | DUE TO FOUNDATION | Description |
| BOY Book Value | 29433 | BOYBookValue |
| EOY Book Value | 20169 | EOYBookValue |
Taxes Schedule TaxesSchedule
Taxes Taxes (2 entries)
| CategoryCategory | AmountAmount | Net Investment IncomeNetInvestmentIncome | Disbursements Charitable PrpsDisbursementsCharitablePrps |
|---|---|---|---|
| EXCISE TAXES | $12,594 | 0 | 0 |
| NYS FEE | $750 | 0 | 0 |
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