IRS Form 990PF for Esh Charitable Foundation (113429423) for 12/2015 from Citizenaudit.Org
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Iefile GRAPHIC print - DO NOT PROCESS lAs Filed Data - l DLN=93491320022376I OMB No 1545-0052 Form990-PF Return of Private Foundation or Section 4947(a)(1) Trust Treated as Private Foundation 2015 Department of the Treasury > Do not enter social security numbers on this form as it may be made public. Internal Revenue SeNice > Information about Form 990-PF and its instructions is at www.irs.gov(form9902f. Open to Public Inspection For calendar year 2015, or tax year beginning 01-01-2015 , and ending 12-31-2015 Name of foundation A Employer identification number ESH Charitable Foundation 1 1-3429423 Number and street (or P 0 box number if mail is not delivered to street address) Room/swte BTelephone number (see instructions) 115 Christopher Columbus Drive (201) 333-5900 City or town, state or provmce, country, and ZIP or foreign postal code C If exemption application is pending, check here D Jersey City, NJ 07302 F G Check all that apply I-Initial return I-Initial return ofa former public charity D 1. Foreign organizations, check here D r I-Final return I-A mended return I-Address change I-Name change 2. Foreign organizations meeting the 85% test, check here and attach computation F I- E If private foundation status was terminated H Check type oforganization IVSection 501(c)(3) exempt private foundation under section 507(b)(1)(A), check here > r I-Section 4947(a)(1) nonexempt charitable trust I-Other taxable private foundation IFair market value ofall assets at end JAccounting method I7Cash I-Accrual F If the foundation is in a 60-month termination ofyear (from Pair [1, col (c), I- Other (speCIfy) under section 507(b)(1)(B), check here > F l/ne16)>$ 1,020,384 (Part 1, column ((1) must be on cash basts ) m Analysis of Revenue and Expenses Revenue and Disbursements (The total of amounts in columns (b), (c), and (d) may not expenses per Net Investment Adjusted net for charitable necessalily equal the amounts in column (a) (see (a) books (b) Income (C) purposes instructions) ) (d) (cash basis only) 1 Contributions, gifts, grants, etc , received (attach schedule) 250,120 2 Check P [- ifthe foundation is not reqUIred to attach Sch B Interest on savmgs and temporary cash investments 480 480 DiVidends and interest from securities 2,470 2,470 5a Gross rents b Net rental income or(loss) g 6a Net gain or(loss)from sale ofassets not online 10 g '3 Gross sales priceforallassets online6a 32 e 7 Capitalgain netincome (from PartIV,line 2) . 482 Net short-term capital gain 482 9 Income modifications 103 Gross sales less returns and allowances b Less Cost of goods sold . c Gross profit or (loss) (attach schedule) . 11 Other income (attach schedule) 12 Total.A dd lines 1 through 11 253,070 3,432 482 13 Compensation of officers, directors, trustees, etc 14 Other employee salaries and wages 8 15 PenSIon plans, employee benefits . 2 16a Legal fees (attach schedule). 5 b Accounting fees (attach schedule). L; c Other professmnalfees (attach schedule) 3 17 Interest a 13 Taxes (attach schedule) (see instructions) 3' 95 95 g 19 DepreCIation (attach schedule) and depletion g 20 Occupancy 3 21 Travel,conferences,and meetings. (E; 22 Printing and publications . g. 23 Other expenses (attach schedule). 3,] 2,113 2,113 g 24 Total operating and administrative expenses. 2 Add lines 13 through 23 2,208 95 2,113 O 25 Contributions, gifts, grants paid 924,380 924,380 25 Total expenses and disbursements.A dd lines 24 and 25 926,588 95 926,493 27 Subtract line 26 from line 12 a Excess of revenue over expenses and disbursements -673,518 b Net investment income (if negative, enter -0-) 3,337 c Adjusted net income(if negative, enter -0-) 482 For Paperwork Reduction Act Notice, see instructions. Cat No 11289X Form 990-PF (20 1 5) Form 990-PF (2015) Page 2 m Ba'ance Sheets 23525922533119.2?31221125512ZiiydiEZEilslriiliJEE) 5322,21?an? 0,, Book Valuind 0f (3'... Mm. Value Cash-non-interest-bearing 4,193 7,135 7,135 Savmgs and temporary cash investments . 1,474,176 833,157 833,157 Accounts receivable P Less allowance for doubtful accounts P 4 Pledges receivable P Less allowance for doubtful accounts P Grants receivable Receivables due from officers, directors, trustees, and other disqualified persons (attach schedule) (see instructions). 7 Other notes and loans receivable (attach schedule) P 148,700 Less allowance for doubtful accounts P 175,200 3,] 148,700 148,700 m 8 Inventories for sale or use . g 9 Prepaid expenses and deferred charges 3 103 Investments-U S and state government obligations (attach schedule) b Investments-corporate stock (attach schedule) 72,861 3,] 71,821 31,150 c Investments-corporate bonds (attach schedule) 11 Investments-land, bUIldings, and eqUIpment baSlS F Less accumulated depreCIation (attach schedule)? 12 Investments-mortgage loans . 13 Investments-other (attach schedule) . 242 3' 242 242 14 Land,bUIldings,and eqUIpment baSISP Less accumulated depreCIation (attach schedule)? 15 Other assets (describe P ) 16 Total assets(to be completed by all filers-see the instructions Also, see page 1, item I) 1,726,672 1,061,055 1,020,384 17 Accounts payable and accrued expenses 18 Grants payable 5 19 Deferred revenue % 20 Loans from officers, directors, trustees, and other disqualified persons 2 21 Mortgages and other notes payable (attach schedule). .1 22 Other liabilities (describe P ) 23 Total liabilities(add lines 17 through 22) 0 m Foundations that follow SFAS 117, check here D [- 8 and complete lines 24 through 26 and lines 30 and 31. g 24 Unrestricted g 25 Temporarily restricted E 26 Permanently restricted E Foundations that do not follow SFAS 117, check here F [7 5 and complete lines 27 through 31. 3 27 Capital stock, trust prinCIpal, or current funds a 28 Paid-in or capital surplus, or land, bldg , and eqUIpment fund < 29 Retained earnings, accumulated income, endowment, or other funds 1,726,672 1,061,055 g 30 Total net assets or fund balances(see instructions) 1,726,672 1,061,055 31 Total liabilities and net assets/fund balances(see instructions) 1,726,672 1,061,055 m Analysis of Changes in Net Assets or Fund Balances 1 Total net assets orfund balances at beginning ofyear-Part II, column (a), line 30 (must agree With end-of-yearfigure reported on prior year's return) 1 1,726,672 2 Enteramount from PartI,line 27a . 2 -673,518 3 Other increases not included in line 2 (itemize) P 3' 3 8,053 4 Addlines 1,2,and3 . 4 1,061,207 5 Decreases not included in line 2 (itemize) P y 5 152 6 Total net assets orfund balances at end ofyear(line4 minus line 5)-PartII,column (b),line 30 6 1,061,055 Form 990-PF (20 1 5) Form 990-PF(2015) Page3 Capital Gains and Losses for Tax on Investment Income List and describe the kind(s) of property sold (e g , real estate, god/biggies Date achIred Date sold (a) 2-story brick warehouse, or common stock, 200 shs MLC Co) (b) D-Donation (c) (mo , day, yr) (cl) (mo , day, yr) 1a Long Term CapitalGain Distributions P 2014-03-31 2015-02-24 c (e)Gross sales price DepreCIation allowed Cost or other ba5is Gain or(loss) (f) (or allowable) (9) plus expense ofsale (h) (e) plus (f) minus (9) a 482 0 0 482 b c d e Complete only for assets showmg gain in column (h) and owned by the foundation on 12/31/69 Gains (Col (h) gain minus (i) F M v as gin/mg m $51,557,232; (k, 5,2285; 055?; 1'), a, CO' 13522232352202)?"l 0' a 0 0 0 482 b c d e Ifgain, also enter in Part 1, line 7 l 2 Capitalgain netincome or(net capitalloss) 1 If(loss),enter-O- in PartI,line7 I 2 482 3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6) Ifgain, also enter in Part I, line 8, column (c) (see instructions) If (loss), enter -0- l in PartI,line8 . I 3 482 m Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income (For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income) Ifsection 4940(d)(2) applies, leave this part blank Was the foundation liable for the section 4942 tax on the distributable amount ofany year in the base period? I- Yes F No If "Yes," the foundation does not qualify under section 4940(e) Do not complete this part 1 Enter the appropriate amount in each column for each year, see instructions before making any entries (a) (b) (c) (d) Base period years Calendar Adjusted qualifying distributions Net value of noncharitable-use assets DIStnbUtlon ratio year (ortax year beginning in) (col (b) dIVIded by col (c)) 2014 983,500 1,747,548 0562789 2013 54,800 1,473 37 202987 2012 222,085 20,173 11009022 2011 208,540 28,896 7216916 2010 160,694 13,466 11933314 Totalofline 1,column (d). 2 67925028 3 Average distribution ratio for the 5-year base period-diVide the total on line 2 by 5, or by the number ofyears the foundation has been in existence ifless than 5 years 3 13 585006 4 Enterthe net value ofnoncharitable-use assets for2015from Part X,line 5. 4 1,301,136 5 Multiplyline4by line 3. 5 17,675,940 6 Enter 1% ofnetinvestmentincome(1% ofPartI,line 27b).