Robert C Dart Foundation: Form 990PF, tax year 2009

View the entire original 990 at ProPublica ↗

Organization
Robert C Dart Foundation (EIN 20-5973757)
Tax period
2009-11-01 to 2010-10-31
Filed
2011-04-13
IRS object ID
201131039349100203
Schema version
2009v1.7
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)
Timestamp2011-04-13T15:00:06-05:00Timestamp
Tax Period End Date2010-10-31TaxPeriodEndDate
Return Type990PFReturnType
Tax Period Begin Date2009-11-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN205973757EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1Robert C Dart FoundationBusinessNameLine1
FieldValueIRS element (for citing)
Name ControlROBENameControl
Phone5176763803Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line1500 Hogsback RoadAddressLine1
CityMasonCity
StateMIState
ZIP Code48854ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameFrancis X Liesman IIName
TitleAsst SecretaryTitle
Phone5176763803Phone
Date Signed2011-04-13DateSigned
FieldValueIRS element (for citing)
Tax Year2009TaxYear
Build TS2016-02-24 21:20:13ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Exempt PFXExemptPF
FMV Assets EOY18433656FMVAssetsEOY
Method Of Accounting CashXMethodOfAccountingCash

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Received Rev And Expnss0ContriReceivedRevAndExpnss
Not Required To Attach Schedule BXNotRequiredToAttachScheduleB
Dividends Rev And Expnss13420DividendsRevAndExpnss
Dividends Net Invst Incm13420DividendsNetInvstIncm
Capital Gain Net Incm Net Invst Incm0CapitalGainNetIncmNetInvstIncm
Total Revenue And Expenses13420TotalRevenueAndExpenses
Total Net Investment Income13420TotalNetInvestmentIncome
Comp Ofcr Dir Trst Rev And Expnss0CompOfcrDirTrstRevAndExpnss
Comp Ofcr Dir Trst Net Invst Incm0CompOfcrDirTrstNetInvstIncm
Comp Ofcr Dir Trst Dsbrs Chrtbl Prps0CompOfcrDirTrstDsbrsChrtblPrps
Other Expenses Rev And Expnss20OtherExpensesRevAndExpnss
Other Expenses Net Invst Incm0OtherExpensesNetInvstIncm
Other Expenses Dsbrs Chrtbl Prps20OtherExpensesDsbrsChrtblPrps
Tot Opr Expenses Rev And Expnss20TotOprExpensesRevAndExpnss
Tot Opr Expenses Net Invst Incm0TotOprExpensesNetInvstIncm
Tot Opr Expenses Dsbrs Chrtbl Prps20TotOprExpensesDsbrsChrtblPrps
Contri Gifts Paid Rev And Expnss3250000ContriGiftsPaidRevAndExpnss
Contri Gifts Paid Dsbrs Chrtbl Prps3250000ContriGiftsPaidDsbrsChrtblPrps
Total Expenses Rev And Expnss3250020TotalExpensesRevAndExpnss
Total Expenses Net Invst Incm0TotalExpensesNetInvstIncm
Total Expenses Dsbrs Chrtbl Prps3250020TotalExpensesDsbrsChrtblPrps
Excess Of Revenue Over Expenses-3236600ExcessOfRevenueOverExpenses
Net Investment Income13420NetInvestmentIncome

Balance Sheets BalanceSheets

FieldValueIRS element (for citing)
Investments Other BOY21670256InvestmentsOtherBOY
Investments Other EOY18433656InvestmentsOtherEOY
Investments Other EOYFMV18433656InvestmentsOtherEOYFMV
Total Assets BOY21670256TotalAssetsBOY
Total Assets EOY18433656TotalAssetsEOY
Total Assets EOYFMV18433656TotalAssetsEOYFMV
Total Liabilities BOY0TotalLiabilitiesBOY
Total Liabilities EOY0TotalLiabilitiesEOY
Org That Do Not Follow SFAS117XOrgThatDoNotFollowSFAS117
Capital Stock BOY0CapitalStockBOY
Capital Stock EOY0CapitalStockEOY
Paid In Or Capital Surplus BOY0PaidInOrCapitalSurplusBOY
Paid In Or Capital Surplus EOY0PaidInOrCapitalSurplusEOY
Retained Earnings BOY21670256RetainedEarningsBOY
Retained Earnings EOY18433656RetainedEarningsEOY
Total Net Assets BOY21670256TotalNetAssetsBOY
Total Net Assets EOY18433656TotalNetAssetsEOY
Total Liabilities Net Assets BOY21670256TotalLiabilitiesNetAssetsBOY
Total Liabilities Net Assets EOY18433656TotalLiabilitiesNetAssetsEOY

Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances

FieldValueIRS element (for citing)
Total Net Assets Fund Balances BOY21670256TotalNetAssetsFundBalancesBOY
Excess Of Revenue Over Expenses-3236600ExcessOfRevenueOverExpenses
Other Increases0OtherIncreases
Subtotal18433656Subtotal
Other Decreases0OtherDecreases
Total Net Assets Fund Balances EOY18433656TotalNetAssetsFundBalancesEOY

Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax

FieldValueIRS element (for citing)
Liable For4942 Tax0LiableFor4942Tax
Qualifying Distributions Year13999235QualifyingDistributionsYear1
Noncharitable Assets Year120423178NoncharitableAssetsYear1
Distribution Ratio Year10.195818DistributionRatioYear1
Qualifying Distributions Year24055113QualifyingDistributionsYear2
Noncharitable Assets Year216065244NoncharitableAssetsYear2
Distribution Ratio Year20.252415DistributionRatioYear2
Qualifying Distributions Year320QualifyingDistributionsYear3
Noncharitable Assets Year314881512NoncharitableAssetsYear3
Distribution Ratio Year30.000001DistributionRatioYear3
Total Distribution Ratio0.448234TotalDistributionRatio
Average Distribution Ratio0.149411AverageDistributionRatio
Net Noncharitable Assets18266072NetNoncharitableAssets
Adjusted Noncharitable Assets2729152AdjustedNoncharitableAssets
One Percent Net Investment Income134OnePercentNetInvestmentIncome
Adj Nonchrtbl Assets And One2729286AdjNonchrtblAssetsAndOnePct
Qualifying Distributions3250020QualifyingDistributions

Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm

FieldValueIRS element (for citing)
Domestic Org Meeting Sect4940eXDomesticOrgMeetingSect4940e
Investment Income Excise Tax134InvestmentIncomeExciseTax
Tax Under Section5110TaxUnderSection511
Subtotal134Subtotal
Subtitle A Tax0SubtitleATax
Tax Based On Investment Income134TaxBasedOnInvestmentIncome
Est Tax Payments And Overpayment608EstTaxPaymentsAndOverpayment
Total Credits And Payments608TotalCreditsAndPayments
Overpayment474Overpayment
Amount Credited To Next Year474AmountCreditedToNextYear
Amount To Be Refunded0AmountToBeRefunded

Statements Regarding Activities StatementsRegardingActivities

FieldValueIRS element (for citing)
Legislative Political Activities0LegislativePoliticalActivities
More Than100 Spent0MoreThan100Spent
Form1120 POL Filed0Form1120POLFiled
Sect4955 Tax On Organization0Sect4955TaxOnOrganization
Sect4955 Tax On Managers0Sect4955TaxOnManagers
Reimbursement Of Tax0ReimbursementOfTax
Activities Not Prev Reported0ActivitiesNotPrevReported
Changes To Articles Or Bylaws0ChangesToArticlesOrBylaws
Unrelated Bus Income Over10000UnrelatedBusIncomeOver1000
Termination Etc0TerminationEtc
Requirements Of Sect508e1RequirementsOfSect508e
At Least5000 In Assets1AtLeast5000InAssets
States Filed WithMIStatesFiledWith
Form990 PF Filed With AG1Form990PFFiledWithAG
Private Operating Foundation0PrivateOperatingFoundation
New Substantial Contributors0NewSubstantialContributors
Interest In Controlled Entity0InterestInControlledEntity
Applicable Insurance Contract0ApplicableInsuranceContract
Comply With Public Inspection Rqr1ComplyWithPublicInspectionRqr
Website AddressForms 990-PF are available at www.guidestar.orgWebsiteAddress
Books In Care Of Person NameLynn Rambo and Teri HullBooksInCareOfPersonName
Books In Care Of Phone Number5176763803BooksInCareOfPhoneNumber

Books In Care Of US Address BooksInCareOfUSAddress

FieldValueIRS element (for citing)
Address Line1500 Hogsback RoadAddressLine1
CityMasonCity
StateMIState
ZIP Code48854ZIPCode

Statements Regarding Acty4720 StatementsRegardingActy4720

FieldValueIRS element (for citing)
Sale Or Exchange With Dsqfly Person0SaleOrExchangeWithDsqflyPerson
Borrow Or Lend With Dsqfly Person0BorrowOrLendWithDsqflyPerson
Furnished Goods With Dsqfly Person1FurnishedGoodsWithDsqflyPerson
Pay Compensation To Dsqfly Person0PayCompensationToDsqflyPerson
Transfer Assets To Dsqfly Person0TransferAssetsToDsqflyPerson
Payment To Government Offical0PaymentToGovernmentOffical
Acts Fail To Qualify As Exceptions0ActsFailToQualifyAsExceptions
Uncorrected Prior Acts0UncorrectedPriorActs
Undistributed Income Prior Years0UndistributedIncomePriorYears
Business Holdings0BusinessHoldings
Jeopardy Investments0JeopardyInvestments
Uncorrected Jeopardy Investments0UncorrectedJeopardyInvestments
Influence Legislation0InfluenceLegislation
Influence Election0InfluenceElection
Grants To Individuals0GrantsToIndividuals
Grants To Organizations1GrantsToOrganizations
Noncharitable Purpose0NoncharitablePurpose
Tr Fail To Qualify As Exceptions0TrFailToQualifyAsExceptions
Maint Expend Responsibility1MaintExpendResponsibility
Rcv Funds To Pay Prsnl Bnft Contract0RcvFundsToPayPrsnlBnftContract
Pay Premiums Prsnl Bnft Contract0PayPremiumsPrsnlBnftContract
Prohibited Tax Shelter Transactn0ProhibitedTaxShelterTransactn

Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo

Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee (4 entries)

Address Line1ForeignAddress/AddressLine1CityForeignAddress/CityCountryForeignAddress/CountryPostal CodeForeignAddress/PostalCodeTitleTitleAvg Hours Per Wk Devoted To PositionAvgHoursPerWkDevotedToPositionCompensationCompensationContri To Empl Benefit Plans EtcContriToEmplBenefitPlansEtcExpense Account Other AllowancesExpenseAccountOtherAllowancesAddress Line1USAddress/AddressLine1CityUSAddress/CityStateUSAddress/StateZIP CodeUSAddress/ZIPCode
Robert C Dart
PO Box 30229Grand CaymanCJKY1-1201President & Treasurer0.00000
James D Lammers
Secretary0.00000500 Hogsback RoadMasonMI48854
Francis X Liesman II
Assistant Secretary0.00000500 Hogsback RoadMasonMI48854
Ariane Dart
PO Box 30229Grand CaymanCJKY1-1201Director0.00000
FieldValueIRS element (for citing)
Comp Of Highest Paid Empl NONENONECompOfHighestPaidEmplNONE
Tot Number Of Oth Empl Paid Over50k0TotNumberOfOthEmplPaidOver50k
Comp Of Hghst Paid Cntrct NONENONECompOfHghstPaidCntrctNONE
Tot Number Of Cntrct Paid Over50k0TotNumberOfCntrctPaidOver50k

Sum Of Program Related Investments SumOfProgramRelatedInvestments

FieldValueIRS element (for citing)
Total0Total

Minimum Investment Return MinimumInvestmentReturn

FieldValueIRS element (for citing)
Avg Monthly FMV Of Securities18544236AvgMonthlyFMVOfSecurities
Avg Monthly Cash Balances0AvgMonthlyCashBalances
FMV All Other Noncharitable Assets0FMVAllOtherNoncharitableAssets
Total FMV Of Unused Assets18544236TotalFMVOfUnusedAssets
Reduction Claimed0ReductionClaimed
Acquisition Indebtedness0AcquisitionIndebtedness
Adj Total FMV Of Unused Assets18544236AdjTotalFMVOfUnusedAssets
Cash Deemed Charitable278164CashDeemedCharitable
Net Noncharitable Assets18266072NetNoncharitableAssets
Minimum Investment Return913304MinimumInvestmentReturn

Distributable DistributableAmount

FieldValueIRS element (for citing)
Minimum Investment Return913304MinimumInvestmentReturn
Tax Based On Investment Income134TaxBasedOnInvestmentIncome
Total Tax134TotalTax
Distributable Amount Before Adj913170DistributableAmountBeforeAdj
Recoveries Qlfy Distributions0RecoveriesQlfyDistributions
Distributable Amount Before Ded913170DistributableAmountBeforeDed
Deduction Fr Distributable$0DeductionFrDistributableAmount
Distributable Amount As Adjusted913170DistributableAmountAsAdjusted

Qualifying Distributions QualifyingDistributions

FieldValueIRS element (for citing)
Expenses And Contributions3250020ExpensesAndContributions
Program Related Investments Total0ProgramRelatedInvestmentsTotal
Qualifying Distributions3250020QualifyingDistributions
One Pct Sect4940e Org Net Invst Incm134OnePctSect4940eOrgNetInvstIncm
Adj Qualifying Distributions3249886AdjQualifyingDistributions

Undistributed Income UndistributedIncome

FieldValueIRS element (for citing)
Distributable Amount As Adjusted913170DistributableAmountAsAdjusted
Undistributed Income Prior Year0UndistributedIncomePriorYear
Total For Prior Years0TotalForPriorYears
Excess Distri Carryover Year22588753ExcessDistriCarryoverYear2
Excess Distri Carryover Year12979646ExcessDistriCarryoverYear1
Total Excess Distri Carryover5568399TotalExcessDistriCarryover
Qualifying Distributions3250020QualifyingDistributions
Applied To Year10AppliedToYear1
Applied To Prior Years0AppliedToPriorYears
Treated As Distri From Corpus0TreatedAsDistriFromCorpus
Applied To Current Year913170AppliedToCurrentYear
Remaining Distri From Corpus2336850RemainingDistriFromCorpus
Excess Distri Cyov App CY Corpus0ExcessDistriCyovAppCYCorpus
Excess Distri Cyov Applied CY0ExcessDistriCyovAppliedCY
Total Corpus7905249TotalCorpus
Prior Year Undistributed Income0PriorYearUndistributedIncome
Prior Year Deficiency Or Tax0PriorYearDeficiencyOrTax
Taxable Amount10TaxableAmount1
Taxable Amount20TaxableAmount2
Undistributed Income CY0UndistributedIncomeCY
Distri From Corpus170b1 E Or4942g30DistriFromCorpus170b1EOr4942g3
Excess Distri Cyov From Year50ExcessDistriCyovFromYear5
Excess Distri Cyov To Next Year7905249ExcessDistriCyovToNextYear
Excess From Year22588753ExcessFromYear2
Excess From Year12979646ExcessFromYear1
Excess From Current Year2336850ExcessFromCurrentYear

Supplementary Information SupplementaryInformation

FieldValueIRS element (for citing)
Contributing ManagerRobert C DartContributingManager
Only Contributes To PreselectedXOnlyContributesToPreselected

Grant Or Contri Paid During Year GrantOrContriPaidDuringYear

Recipient Business Name RecipientBusinessName

FieldValueIRS element (for citing)
Business Name Line1Dart FoundationBusinessNameLine1

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line1500 Hogsback RoadAddressLine1
CityMasonCity
StateMIState
ZIP Code48854ZIPCode
FieldValueIRS element (for citing)
Recipient Foundation StatusPrivate FoundationRecipientFoundationStatus
Purpose Of Grant Or ContributionGeneral OperationsPurposeOfGrantOrContribution
Amount$3,250,000Amount
FieldValueIRS element (for citing)
Tot Grant Or Contri Paid During Year3250000TotGrantOrContriPaidDuringYear
Tot Grant Or Contri Approved Future0TotGrantOrContriApprovedFuture

Analysis Income Producing Acty AnalysisIncomeProducingActy

Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII

FieldValueIRS element (for citing)
Exclusion Code14ExclusionCode
Exclusion$13,420ExclusionAmount

Subtotals Part XVIA SubtotalsPartXVIA

FieldValueIRS element (for citing)
Unrelated Business Income$0UnrelatedBusinessIncomeAmount
Exclusion$13,420ExclusionAmount
Related Or Exempt Function Income0RelatedOrExemptFunctionIncome
FieldValueIRS element (for citing)
Total Part XVIA13420TotalPartXVIA

Trnsfr Tr Rln With Noncharitable EO TrnsfrTrRlnWithNoncharitableEO

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

Expenditure Responsibility Stmt ExpenditureResponsibilityStmt

Expenditure Responsibility ExpenditureResponsibility (5 entries)

Address Line1USAddress/AddressLine1CityUSAddress/CityStateUSAddress/StateZIP CodeUSAddress/ZIPCodeGrant DateGrantDateGrantGrantAmountGrant PurposeGrantPurposeAmount Expended By GranteeAmountExpendedByGranteeAny Diversion By GranteeAnyDiversionByGranteeDates Of Reports By GranteeDatesOfReportsByGranteeDate Of VerificationDateOfVerificationResults Of VerificationResultsOfVerification
Dart Foundation
500 Hogsback RdMasonMI488542009-04-07$2,000,000To fund the Dart Foundaton's grant making activities.266100NoApril 8, 20112011-04-08Complete.
Dart Foundation
500 Hogsback RdMasonMI488542008-11-17$2,000,000To fund the Dart Foundation's grant making activities266099NoApril 8, 20112011-04-08Complete.
Dart Foundation
500 Hogsback RdMasonMI488542009-12-10$3,250,000To fund the Dart Foundation's grant making activities3083134NoApril 8, 20112011-04-08Complete
Dart Foundation
500 Hogsback RdMasonMI488542009-04-07$2,000,000To fund the Dart Foundation's grant making activities.1733901NoApril 4, 20102010-04-08
Dart Foundation
500 Hogsback RdMasonMI488542008-11-17$2,000,000To fund the Dart Foundation's grant making activities.1733900Noapril 4, 20102010-04-08

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOther

FieldValueIRS element (for citing)
Category Or ItemJP Morgan MMCategoryOrItem
Listed At Cost Or FMVAT COSTListedAtCostOrFMV
Book Value18433656BookValue
EOYFMV18433656EOYFMV

Other Expenses Schedule OtherExpensesSchedule

Other Expenses OtherExpenses

FieldValueIRS element (for citing)
DescriptionState of MI Filing FeesDescription
Revenue And Expenses Per Books20RevenueAndExpensesPerBooks
Net Investment Income0NetInvestmentIncome
Disbursements Charitable Prps20DisbursementsCharitablePrps

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