Foy 990 Return of Organization Exempt from Income

Foy 990 Return of Organization Exempt from Income

Foy 990 Return of Organization Exempt From Income Tax Under section 501(c), 527, or 4947(a)(1) of the Internal Revenue Code (except black lung 2011 benefit trust or private foundation) Department of the Treasury Open to Public ni ti n m have to use a copy of this return to satisfy state reporting requirements Internal Revenue Service ► The orga za o ay Inspection A For the 2011 calendar year, or tax year beginning and endi B check if C Name of organization D Employer identification number applicable O.hane THE GRAND SLAM WE CARE FOUNDATION , I change Dom Business As 22-3569918 0retu Number and street (or P.O. box if mail is not delivered to street address) Room/suite E Telephone number Deed'n- ONE THUNDER ROAD ( 609 ) 394-8326 Amended City or town, state or country, and ZIP + 4 G cross receipts $ 236 , 375. [ `lionp''ca- TRENTON , NJ 08611 H(a) Is this a group return pending F Name and address of principal officer JOSEPH CARUSO for affiliates? Yes ®No ONE THUNDER RD TRENTON , NJ 08611 H(b) Are all affiliates included9 =Yes =No Tax-exempt status: ® 501(c)(3) 501(c) ( )1 (insert no.) EJ 494 1 ) or = 527 If "No," attach a list. (see instructions) H(c) Grou p exem ption number J Website: ► N/A ► K Form of org anization: ® Corporation 0 Trust Association 0 Other ► L Year of formation: 19 9 8 M State of leoal domicile: NJ Dcrl I C,immaw 1 Briefly describe the organization 's mission or most significant activities - THE FOUNDATION PROVIDES FINANCIAL ASSISTANCE FOR THE EDUCATION OF YOUNG CITIZENS, BUT IT MAY operations or disposed of more than 25% of its net assets 2 Check this box ► 0 if the organization discontinued its 0 3 Number of voting members of the governing body (Part VI, line 1 a) 3 0 O 4 Number of independent voting members of the governing body (Part VI , line 1 b) 4 0 d 5 Total number of individuals employed in calendar year 2011 (Part V, line 2a) 5 0 5 6 Total number of volunteers (estimate if necessary) 6 0 Q 7 a Total unrelated business revenue from Part VIII, column (C), line 12 7a 0 b Net unrelated business taxable income from Form 990-T, line 34 7b 0. Prior Year Current Year 8 Contributions and grants (Part VIII, line 1 h)-s.. ,....... 145 , 610. 236 , 375. 4)c 9 Program service revenue (Part VIII, line 2g1) R E /^ rf'„ + 0 . 0 . o 10 Investment income (Part VIII, column (A), pine 3-4,.and.dr 0 . 0 . 11 Other revenue (Part VIII, column (A), lines I6; b 8c^, '9Ic,1 Oc, a 0 . 0 . 12 Total revenue - add lines 8 throw h 11 mus2b e u^IPaVIII, PAM 2 145 , 610. 236 , 375. 13 Grants and similar amounts paid (Part IX, colt Jxu.L(J, lines 1 -3) CO 0. 0 . 14 Benefits paid to or for members (Part IX, colum p)'Vh ' ^ - 0. 0. H 15 Salaries , other compensation , employee benefitss..(^ Nmr (U);i Imes 10) 0. 0. W 20 16a Professional fundraising fees (Part IX, column (A), line 11e) 0. 0 ar CL b Total fundraising expenses (Part IX, column (D), line 25) ► 0. W 17 Other expenses (Part IX, column (A), lines 11 a-11 d, 11 f-24e) 187 , 779. 231 , 509. 18 Total expenses . Add lines 13-17 (must equal Part IX, column (A), line 25) 187 , 779. 231 , 509. 19 Revenue less expenses Subtract line 18 from line 12 -42 , 169. 4 , 866. Be g innin g of Current Year End of Year y 20 Total assets (Part X, line 16) 57 , 836. 20 , 171. 21 Total liabilities (Part X, line 26) 0. 0 22 Net assets or fund balances Subtract line 21 from line 20 57 , 8 3 6. 1 20 , 171. I hart u I signature IslOCK Under penaltie r ur are that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, corr nd complete^t?e tion of preparer (other than officer) is based on all information of which preparer has any knowledge. Sign atur ilpeer Here JO CARUSO , SECRETARY ype or print name and title 0- Print/Type preparer's name Prep t tc^ Paid S TEVEN RESNICK , CPA Preparer Firm's name ji, RESNICK AMSTERDAM ESHNE l-;-_' UseOnly Firm's address , 653 SKIPPACK PIKE, SUITE BLUE BELL , PA 19422 May the IRS discuss this return with the preparer shown above? (see instruc 132001 01-23-12 LHA For Paperwork Reduction Act Notice , see the sepa SEE SCHEDULE 0 FOR ORGANIZATION MI Form 990 (2011 ) THE GRAND SLAM WE CARE FOUNDATION , INC 22-3569918 Page 2 Part HI Statement of Program Service Accomplishments Check If Schedule 0 contains a response to any question in this Part III 1 ' Briefly describe the organization's mission. NONE 2 Did the organization undertake any significant program services during the year which were not listed on the prior Form 990 or 990-EZ? Yes ® No If "Yes," describe these new services on Schedule 0. 3 Did the organization cease conducting, or make significant changes in how it conducts, any program services? =Yes ® No If "Yes," describe these changes on Schedule 0. 4 Describe the organization 's program service accomplishments for each of its three largest program services , as measured by expenses. Section 501 (c)(3) and 501(c)(4) organizations and section 4947(a)(1) trusts are required to report the amount of grants and allocations to others , the total expenses, and revenue , if any, for each program service reported 4a (code ) (Expenses $ 231,509 . including grants of $ ) (Revenue $ 236,375. THE FOUNDATION MAKES CHARITABLE DONATIONS TO AREA CHARITIES IN ORDER TO PROVIDE TICKETS FOR TRENTON THUNDER AND LAKEWOOD BLUECLAWS BASEBALL GAMES TO CHILDREN AND ORGANIZATIONS THAT WOULD NORMALLY NOT BE ABLE TO ATTEND. SEE ATTACHED SCHEDULES FOR EXPENSES. 4b (Code ) (Expenses $ including grants of $ ) (Revenue $ 4c (Code ) (Expenses $ including grants of $ ) (Revenue s 4d Other program services (Describe in Schedule 0.) (Expenses $ including grants of $ ) (Revenue $ 4e Total oroaram service expenses ► 231,509. Form 990 (2011) 132002 02-09-12 LAM WE CARE FOUNDATION, INC 22-3569918 Page3 Part tV I Checklist No 1' Is the organization described in section 501 (c)(3) or 4947(a)(1) (other than a private foundation)? If "Yes," complete Schedule A 2 Is the organization required to complete Schedule B, Schedule of Contnbutor ? 3 Did the organization engage in direct or indirect political campaign activities on behalf of or in opposition to candidates for public office? If "Yes," complete Schedule C, Part 1 1 3 I I X 4 Section 501(c)(3) organizations . Did the organization engage in lobbying activities, or have a section 501(h) election in effect during the tax year? If "Yes, " complete Schedule C, Part 11 4 X 5 Is the organization a section 501 (c)(4), 501 (c)(5), or 501 (c)(6) organization that receives membership dues, assessments, or similar amounts as defined in Revenue Procedure 98.19? If "Yes," complete Schedule C, Part 111 5 X 6 Did the organization maintain any donor advised funds or any similar funds or accounts for which donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts? If "Yes," complete Schedule D, Part I 6 X 7 Did the organization receive or hold a conservation easement, including easements to preserve open space, the environment, historic land areas, or historic structures? If "Yes, " complete Schedule D, Part 11 7 X 8 Did the organization maintain collections of works of art, historical treasures, or other similar assets? If "Yes," complete Schedule D, Part 111 8 X 9 Did the organization report an amount in Part X, line 21; serve as a custodian for amounts not listed in Part X; or provide credit counseling, debt management, credit repair, or debt negotiation services? If "Yes," complete Schedule D, Part IV 9 X 10 Did the organization, directly or through a related organization, hold assets in temporarily restricted endowments, permanent endowments, or quasi-endowments? If "Yes, " complete Schedule D, Part V 10 X 11 If the organization's answer to any of the following questions is "Yes," then complete Schedule D, Parts VI, VII, VIII, IX, or X as applicable a Did the organization report an amount for land, buildings, and equipment in Part X, line 10? If "Yes," complete Schedule D, Part VI 11a b Did the organization report an amount for investments - other securities in Part X, line 12 that is 5% or more of its total assets reported in Part X, line 16? If "Yes," complete Schedule D, Part VII 11b X c Did the organization report an amount for investments - program related in Part X, line 13 that is 5% or more of its total assets reported in Part X, line 16? If "Yes," complete Schedule D, Part VIII 11c X d Did the organization report an amount for other assets in Part X, line 15 that is 5% or more of its total assets reported in Part X, line 16? If "Yes, " complete Schedule D, Part IX 11d X e Did the organization report an amount for other liabilities in Part X, line 25? If "Yes, " complete Schedule D, Part X 11e X f Did the organization's separate or consolidated financial statements for the tax year include a footnote that addresses the organization's liability for uncertain tax positions under FIN 48 (ASC 740)? If "Yes, " complete Schedule D, Part X 11f X 12a Did the organization obtain separate, independent audited financial statements for the tax year? If "Yes," complete Schedule D, Parts XI, X11, and X111 12a X b Was the organization included in consolidated, independent audited financial statements for the tax year? If "Yes, " and if the organization answered "No" to line 12a, then completing Schedule D, Parts Xl, X11, and XIII is optional 12b X 13 Is the organization a school described in section 170(b)(1)(A)(u)? If "Yes," complete Schedule E 13 X 14a Did the organization maintain an office, employees, or agents outside of the United

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