-
TIN:
Form
990-PF
Department of the Treasury
Internal Revenue Service
Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
Do not enter social security numbers on this form as it may be made public.
Go to
www.irs.gov/Form990PF
for instructions and the latest information.
OMB No. 1545-0052
20
20
Open to Public Inspection
For calendar year 2020, or tax year beginning
01-01-2020
, and ending
12-31-2020
Name of foundation
Manasquan Bank Charitable Foundation Inc
Number and street (or P.O. box number if mail is not delivered to street address)
2221 Landmark Place
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Wall Township
,
NJ
08736
A Employer identification number
46-3137444
B
Telephone number (see instructions)
(732) 292-8464
C
If exemption application is pending, check here
G
Check all that apply:
Initial return
Initial return of a former public charity
Final return
Amended return
Address change
Name change
D 1.
Foreign organizations, check here.............
2
. Foreign organizations meeting the 85%
test, check here and attach computation ...
E
If private foundation status was terminated
under section 507(b)(1)(A), check here .......
H
Check type of organization:
Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trust
Other taxable private foundation
F
If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here .......
I
Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)
$
277,544
J
Accounting method:
Cash
Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)
Part I
Analysis of Revenue and Expenses
(The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).)
(a)
Revenue and
expenses per
books
(b)
Net investment
income
(c)
Adjusted net
income
(d)
Disbursements
for charitable
purposes
(cash basis only)
1
Contributions, gifts, grants, etc., received (attach schedule)
180,000
2
Check
.............
3
Interest on savings and temporary cash investments
540
540
540
4
Dividends and interest from securities
...
5a
Gross rents
............
b
Net rental income or (loss)
6a
Net gain or (loss) from sale of assets not on line 10
b
Gross sales price for all assets on line 6a
7
Capital gain net income (from Part IV, line 2)
...
8
Net short-term capital gain
.........
9
Income modifications
...........
10a
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.
Add lines 1 through 11
........
180,540
540
540
13
Compensation of officers, directors, trustees, etc.
14
Other employee salaries and wages
......
15
Pension plans, employee benefits
.......
16a
Legal fees (attach schedule)
.........
b
Accounting fees (attach schedule)
.......
c
Other professional fees (attach schedule)
....
17
Interest
...............
18
Taxes (attach schedule) (see instructions)
...
19
Depreciation (attach schedule) and depletion
...
20
Occupancy
..............
21
Travel, conferences, and meetings
.......
22
Printing and publications
..........
23
Other expenses (attach schedule)
.......
24
Total operating and administrative expenses.
Add lines 13 through 23
..........
0
0
0
25
Contributions, gifts, grants paid
.......
322,100
322,100
26
Total expenses and disbursements.
Add lines 24 and 25
322,100
0
322,100
27
Subtract line 26 from line 12:
a
Excess of revenue over expenses and disbursements
-141,560
b
Net investment income
(if negative, enter -0-)
540
c
Adjusted net income
(if negative, enter -0-)
...
540
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X
Form
990-PF
(2020)
Form 990-PF (2020)
Page
2
Part II
Balance Sheets
Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)
Beginning of year
End of year
(a)
Book Value
(b)
Book Value
(c)
Fair Market Value
1
Cash—non-interest-bearing
.............
419,104
277,544
277,544
2
Savings and temporary cash investments
.........
3
Accounts receivable
Less: allowance for doubtful accounts
4
Pledges receivable
Less: allowance for doubtful accounts
5
Grants receivable
.................
6
Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions)
.....
7
Other notes and loans receivable (attach schedule)
Less: allowance for doubtful accounts
8
Inventories for sale or use
..............
9
Prepaid expenses and deferred charges
..........
10a
Investments—U.S. and state government obligations (attach schedule)
b
Investments—corporate stock (attach schedule)
.......
c
Investments—corporate bonds (attach schedule)
.......
11
Investments—land, buildings, and equipment: basis
Less: accumulated depreciation (attach schedule)
12
Investments—mortgage loans
.............
13
Investments—other (attach schedule)
..........
14
Land, buildings, and equipment: basis
Less: accumulated depreciation (attach schedule)
15
Other assets (describe
)
16
Total assets
(to be completed by all filers—see the
instructions. Also, see page 1, item I)
419,104
277,544
277,544
17
Accounts payable and accrued expenses
..........
18
Grants payable
.................
19
Deferred revenue
.................
20
Loans from officers, directors, trustees, and other disqualified persons
21
Mortgages and other notes payable (attach schedule)
......
22
Other liabilities (describe
)
23
Total liabilities
(add lines 17 through 22)
.........
0
Foundations that follow FASB ASC 958, check here
and complete lines 24, 25, 29 and 30.
24
Net assets without donor restrictions
...........
25
Net assets with donor restrictions
............
Foundations that do not follow FASB ASC 958, check here
and complete lines 26 through 30.
26
Capital stock, trust principal, or current funds
........
27
Paid-in or capital surplus, or land, bldg., and equipment fund
28
Retained earnings, accumulated income, endowment, or other funds
419,104
277,544
29
Total net assets or fund balances
(see instructions)
.....
419,104
277,544
30
Total liabilities and net assets/fund balances
(see instructions)
.
419,104
277,544
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return)
...............
1
419,104
2
Enter amount from Part I, line 27a
.....................
2
-141,560
3
Other increases not included in line 2 (itemize)
3
4
Add lines 1, 2, and 3
..........................
4
277,544
5
Decreases not included in line 2 (itemize)
5
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29
.
6
277,544
Form
990-PF
(2020)
Form 990-PF (2020)
Page
3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a)
List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)
(b)
How acquired
P—Purchase
D—Donation
(c)
Date acquired
(mo., day, yr.)
(d)
Date sold
(mo., day, yr.)
1a
b
c
d
e
(e)
Gross sales price
(f)
Depreciation allowed
(or allowable)
(g)
Cost or other basis
plus expense of sale
(h)
Gain or (loss)
(e) plus (f) minus (g)
a
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69
(l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-)
or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69
(j)
Adjusted basis
as of 12/31/69
(k)
Excess of col. (i)
over col. (j), if any
a
b
c
d
e
2
Capital gain net income or (net capital loss)
If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7
2
3
Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8
...................
3
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
SECTION 4940(e) REPEALED ON DECEMBER 20, 2019 - DO NOT COMPLETE
1
Reserved
(a)
Reserved
(b)
Reserved
(c)
Reserved
(d)
Reserved
2
Reserved
...........................
2
3
Reserved
...........................
3
4
Reserved
...........................
4
5
Reserved
...........................
5
6
Reserved
...........................
6
7
Reserved
...........................
7
8
Reserved
,..........................
8
Form
990-PF
(2020)
Form 990-PF (2020)
Page
4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a
Exempt operating foundations described in section 4940(d)(2), check here
and enter “N/A" on line 1.
Date of ruling or determination letter:
(attach copy of letter if necessary–see instructions)
b
Reserved
................................
1
8
c
All other domestic foundations enter 1.39% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2
Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)
2
3
Add lines 1 and 2
...........................
3
8
4
Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)
4
5
Tax based on investment income.
Subtract line 4 from line 3. If zero or less, enter -0-
.....
5
8
6
Credits/Payments:
a
2020 estimated tax payments and 2019 overpayment credited to 2020
6a
b
Exempt foreign organizations—tax withheld at source
......
6b
c
Tax paid with application for extension of time to file (Form 8868)
...
6c
d
Backup withholding erroneously withheld
...........
6d
7
Total credits and payments. Add lines 6a through 6d
..............
7
8
Enter any
penalty
for underpayment of estimated tax.
Check here
if Form 2220 is attached.
8
9
Tax due.
If the total of lines 5 and 8 is more than line 7, enter
amount owed
.......
9
8
10
Overpayment.
If line 7 is more than the total of lines 5 and 8, enter the
amount overpaid
...
10
11
Enter the amount of line 10 to be:
Credited to 2021 estimated tax
Refunded
11
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign?
....................
1a
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition
.................................
1b
No
If the answer is "Yes" to
1a
or
1b,
attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file
Form 1120-POL
for this year?
.....................
1c
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1)
On the foundation.
$
(2)
On foundation managers.
$
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.
$
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?
.......
2
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments?
If "Yes," attach a conformed copy of the changes
....
3
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?
........
4a
No
b
If "Yes," has it filed a tax return on
Form 990-T
for this year?
...................
4b
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?
.........
5
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
By language in the governing instrument, or
By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument?
................
6
Yes
7
Did the foundation have at least $5,000 in assets at any time during the year?
If "Yes," complete Part II, col. (c),
and Part XV.
.................................
7
Yes
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G?
If "No," attach explanation
.
8b
Yes
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2020 or the taxable year beginning in 2020? See the instructions for Part XIV.
If "Yes," complete Part XIV
.............................
9
No
10
Did any persons become substantial contributors during the tax year?
If "Yes," attach a schedule listing their names
and addresses.
...............................
10
Yes
Form
990-PF
(2020)
Form 990-PF (2020)
Page
5
Part VII-A
Statements Regarding Activities
(continued)
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions
.............
11
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions
.................
12
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
Website address
N/A
14
The books are in care of
Catherine Franzoni
Telephone no.
(732) 292-8464
Located at
2221 Landmark Placee
Wall Township
NJ
ZIP+4
08736
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of
Form 1041
—check here
.........
and enter the amount of tax-exempt interest received or accrued during the year
........
15
16
At any time during calendar year 2020, did the foundation have an interest in or a signature or other authority over
Yes
No
a bank, securities, or other financial account in a foreign country?
.................
16
No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country
Part VII-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1)
Engage in the sale or exchange, or leasing of property with a disqualified person?
Yes
No
(2)
Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person?
......................
Yes
No
(3)
Furnish goods, services, or facilities to (or accept them from) a disqualified person?
Yes
No
(4)
Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
Yes
No
(5)
Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)?
...............
Yes
No
(6)
Agree to pay money or property to a government official? (
Exception.
Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.)
.......
Yes
No
b
If any answer is "Yes" to 1a(1)–(6), did
any
of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions
........
1b
No
Organizations relying on a current notice regarding disaster assistance check here
........
c
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2020?
.............
1c
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2020, did the foundation have any undistributed income (lines 6d
and 6e, Part XIII) for tax year(s) beginning before 2020?
.............
Yes
No
If "Yes," list the years
20
,
20
,
20
,
20
b
Are there any years listed in 2a for which the foundation is
not
applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to
all
years listed, answer "No" and attach statement—see instructions.)
..............
2b
c
If the provisions of section 4942(a)(2) are being applied to
any
of the years listed in 2a, list the years here.
20
,
20
,
20
,
20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year?
......................
Yes
No
b
If "Yes," did it have excess business holdings in 2020 as a result of
(1)
any purchase by the foundation
or disqualified persons after May 26, 1969;
(2)
the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or
(3)
the lapse of the 10-, 15-, or 20-year first phase holding period?
(Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2020.)
..................
3b
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2020?
4b
No
Form
990-PF
(2020)
Form 990-PF (2020)
Page
6
Part VII-B
Statements Regarding Activities for Which Form 4720 May Be Required
(continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1)
Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
Yes
No
(2)
Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive?
.............
Yes
No
(3)
Provide a grant to an individual for travel, study, or other similar purposes?
Yes
No
(4)
Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions
................
Yes
No
(5)
Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals?
.....
Yes
No
b
If any answer is "Yes" to 5a(1)–(5), did
any
of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions
......
5b
Organizations relying on a current notice regarding disaster assistance check here
.........
c
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant?
..........
Yes
No
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract?
.....................
Yes
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?
....
6b
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
Yes
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction?
....
7b
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year?
.................
Yes
No
Part VIII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1
List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a)
Name and address
(b)
Title, and average
hours per week
devoted to position
(c)
Compensation
(If not paid, enter
-0-)
(d)
Contributions to employee benefit plans and deferred compensation
(e)
Expense account,
other allowances
Ruth Harms
Trustee
0.00
0
812 Ashley Avenue
Brielle
,
NJ
08730
James M Manser
Trustee
0.00
0
803 Brooklyn Blvd
Sea Girt
,
NJ
08750
Janine Akey
Trustee
0.00
0
26 Plainfield Avenue
Metuchen
,
NJ
08840
James S Vaccaro
Trustee
0.00
0
613 North Edgemere Drive
West Allenhurst
,
NJ
07711
Catherine D Franzoni
Treasurer
0.00
0
2101 Evergreen Ln
Point Pleasant
,
NJ
08742
2
Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a)
Name and address of each employee paid more than $50,000
(b)
Title, and average
hours per week
devoted to position
(c)
Compensation
(d)
Contributions to
employee benefit
plans and deferred
compensation
(e)
Expense account,
other allowances
NONE
Total
number of other employees paid over $50,000
...................
Form
990-PF
(2020)
Form 990-PF (2020)
Page
7
Part VIII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
(continued)
3
Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a)
Name and address of each person paid more than $50,000
(b)
Type of service
(c)
Compensation
NONE
Total
number of others receiving over $50,000 for professional services
.............
Part IX-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc.
Expenses
1
2
3
4
Part IX-B
Summary of Program-Related Investments
(see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2.
Amount
1
2
All other program-related investments. See instructions.
3
Total.
Add lines 1 through 3
.........................
Form
990-PF
(2020)
Form 990-PF (2020)
Page
8
Part X
Minimum Investment Return
(All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities
...................
1a
0
b
Average of monthly cash balances
.......................
1b
348,324
c
Fair market value of all other assets (see instructions)
................
1c
0
d
Total
(add lines 1a, b, and c)
.........................
1d
348,324
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation)
.............
1e
0
2
Acquisition indebtedness applicable to line 1 assets
..................
2
3
Subtract line 2 from line 1d
.........................
3
348,324
4
Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
instructions)
.............................
4
5,225
5
Net value of noncharitable-use assets.
Subtract line 4 from line 3. Enter here and on Part V, line 4
5
343,099
6
Minimum investment return.
Enter 5% of line 5
..................
6
17,155
Part XI
Distributable Amount
(see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here
and do not complete this part.)
1
Minimum investment return from Part X, line 6
....................
1
17,155
2a
Tax on investment income for 2020 from Part VI, line 5
......
2a
8
b
Income tax for 2020. (This does not include the tax from Part VI.)
...
2b
c
Add lines 2a and 2b
............................
2c
8
3
Distributable amount before adjustments. Subtract line 2c from line 1
............
3
17,147
4
Recoveries of amounts treated as qualifying distributions
................
4
5
Add lines 3 and 4
............................
5
17,147
6
Deduction from distributable amount (see instructions)
.................
6
7
Distributable amount
as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1
...
7
17,147
Part XII
Qualifying Distributions
(see instructions)
1
Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
a
Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26
..........
1a
322,100
b
Program-related investments—total from Part IX-B
..................
1b
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes
...............................
2
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)
....................
3a
b
Cash distribution test (attach the required schedule)
.................
3b
4
Qualifying distributions.
Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
4
322,100
5
Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
income. Enter 1% of Part I, line 27b. See instructions
.................
5
6
Adjusted qualifying distributions.
Subtract line 5 from line 4
..............
6
322,100
Note:
The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
the section 4940(e) reduction of tax in those years.
Form
990-PF
(2020)
Form 990-PF (2020)
Page
9
Part XIII
Undistributed Income
(see instructions)
(a)
Corpus
(b)
Years prior to 2019
(c)
2019
(d)
2020
1
Distributable amount for 2020 from Part XI, line 7
17,147
2
Undistributed income, if any, as of the end of 2020:
a
Enter amount for 2019 only
.......
b
Total for prior years:
20
,
20
,
20
3
Excess distributions carryover, if any, to 2020:
a
From 2015
......
54,038
b
From 2016
......
92,263
c
From 2017
......
109,691
d
From 2018
......
126,294
e
From 2019
......
156,951
f
Total
of lines 3a through e
........
539,237
4
Qualifying distributions for 2020 from Part
XII, line 4:
$
322,100
a
Applied to 2019, but not more than line 2a
b
Applied to undistributed income of prior years
(Election required—see instructions)
.....
c
Treated as distributions out of corpus (Election
required—see instructions)
........
0
d
Applied to 2020 distributable amount
.....
17,147
e
Remaining amount distributed out of corpus
304,953
5
Excess distributions carryover applied to 2020.
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6
Enter the net total of each column as
indicated below:
a
Corpus. Add lines 3f, 4c, and 4e. Subtract line 5
844,190
b
Prior years’ undistributed income. Subtract
line 4b from line 2b
..........
c
Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed
......
d
Subtract line 6c from line 6b. Taxable amount
—see instructions
...........
e
Undistributed income for 2019. Subtract line
4a from line 2a. Taxable amount—see
instructions
.............
f
Undistributed income for 2020. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2021
..........
0
7
Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions)
.......
8
Excess distributions carryover from 2015 not
applied on line 5 or line 7 (see instructions)
...
54,038
9
Excess distributions carryover to 2021.
Subtract lines 7 and 8 from line 6a
......
790,152
10
Analysis of line 9:
a
Excess from 2016
....
92,263
b
Excess from 2017
....
109,691
c
Excess from 2018
....
126,294
d
Excess from 2019
....
156,951
e
Excess from 2020
....
304,953
Form
990-PF
(2020)
Form 990-PF (2020)
Page
10
Part XIV
Private Operating Foundations
(see instructions and Part VII-A, question 9)
1a
If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2020, enter the date of the ruling
.......
b
Check box to indicate whether the organization is a private operating foundation described in section
4942(j)(3)
or
4942(j)(5)
2a
Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part X for each
year listed
..........
Tax year
Prior 3 years
(e) Total
(a)
2020
(b)
2019
(c)
2018
(d)
2017
b
85% of line 2a
.........
c
Qualifying distributions from Part XII,
line 4 for each year listed
.....
d
Amounts included in line 2c not used directly
for active conduct of exempt activities
..........
e
Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c
....
3
Complete 3a, b, or c for the
alternative test relied upon:
a
“Assets" alternative test—enter:
(1)
Value of all assets
......
(2)
Value of assets qualifying
under section 4942(j)(3)(B)(i)
b
“Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part X, line 6 for each year listed
...
c
“Support" alternative test—enter:
(1)
Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties)
....
(2)
Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii)
....
(3)
Largest amount of support
from an exempt organization
(4)
Gross investment income
Part XV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1
Information Regarding Foundation Managers:
a
List any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
b
List any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2
Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here
if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions
a
The name, address, and telephone number or email address of the person to whom applications should be addressed:
b
The form in which applications should be submitted and information and materials they should include:
c
Any submission deadlines:
d
Any restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Form
990-PF
(2020)
Form 990-PF (2020)
Page
11
Part XV
Supplementary Information
(continued)
3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient
If recipient is an individual,
show any relationship to
any foundation manager
or substantial contributor
Foundation
status of
recipient
Purpose of grant or
contribution
Amount
Name and address (home or business)
a
Paid during the year
Red Bank Charter School
58 Oakland Street
Red Bank
,
NJ
07701
Charter School
1,500
Family Promise of So Ocean County
1001 South Main Street
West Creek
,
NJ
08092
Homeless assistance
1,100
CPC Behavioral Healthcare
10 Industrial Way E
Eatontown
,
NJ
07724
Mental health assistance
2,000
JFK Medical Center Foundation
80 James Street
Edison
,
NJ
08820
Medical Center Foundation
1,500
Asbury Park Music Foundation
621 Lake Avenue
Asbury Park
,
NJ
07712
Music education
1,000
Childhood Leukemia Foundation
807 Mantoloking Road
Brick
,
NJ
08723
Support for children with cancer
2,500
Two River Theater
21 Bridge Avenue
Red Bank
,
NJ
07701
American theater
1,500
Forever Logan Strong Foundation
2489 Route 563
Egg Harbor
,
NJ
08215
Assistance to cancer patients
2,500
The Boys & Girls Club of Monmouth County
1201 Monroe Avenue
Asbury Park
,
NJ
07712
Empowering young people
2,000
Optimist Club of Howell
PO Box 232
Adelphia
,
NJ
07710
Youth community services
1,000
Hearts of Mercy
16 Jennings Road
Manahawkin
,
NJ
08005
Educational support for youths
500
Dotties House Inc
PO Box 4002
Brick
,
NJ
08723
Transitional housing
2,500
Community Hope Fund
PO Box 263
Oakhurst
,
NJ
07755
Youth development
1,500
Surflight Theatre
201 Engleside Avenue
Beach Haven
,
NJ
08008
Professional live theatre
2,000
Jersey Shore Animal Foundation
PO Box 380
Lakehurst
,
NJ
08733
Well being of animals
500
The Thomas Edison Center of Menlo Park
37 Christie Street
Edison
,
NJ
08820
Thomas Edison honor and education
1,750
SACK
PO Box 33
Allenhurst
,
NJ
07711
Food pantry volunteers
1,000
NJ Coalition Against Sexual Assault
3150 Brunswick Pike
Lawrence Twp
,
NJ
08648
Community systems
1,500
Hometown Heroes
2310 Inverness Drive
Toms River
,
NJ
08753
Goodwill and generosity
1,000
Allaire Community Farm
1923 Baileys Corner Rd
Wall
,
NJ
07719
Working farm
4,000
Municipal Clerks Association of NJ
88 Inskip Ave
Ocean Grove
,
NJ
07756
Promoting education
1,000
MOCEANS Center for Indpendent Living
565 Broadway
Long Branch
,
NJ
07740
Community access and inclusion
1,500
Freehold Sports & Wellness
21 Andrews Court
Freehold
,
NJ
07728
Community sports
1,000
New Hope Integrated Behavioral Heal
80 Conover Road
Marlboro
,
NJ
07746
Treatment for addictions
2,000
The Womans Club of Brielle
PO Box 502
Brielle
,
NJ
08730
Projects and programs
1,000
Point Pleasant First Aid & Emergency Squ
611 Laurel Avenue
Pt Pleasant Beach
,
NJ
08742
Rescue, search, and recovery services
2,000
NJ Repertory Company
179 Broadway
Long Branch
,
NJ
07740
American stage
1,500
Life of a Ridetime
27 Oak Terrace
Howell
,
NJ
07731
Support for non-profit organizations
1,500
Clean Ocean Action
49 Avenal Boulevard
Long Branch
,
NJ
07740
Improving water quality
1,750
InfoAge
2201 Marconi Road
Wall
,
NJ
07719
Scientific innovation
2,500
Purr N Pooch Foundation
PO Box 7352
Shrewsbury
,
NJ
07702
Support non-profit animal groups
2,500
Bridging the Gap for Veterans
2517 Highway 35
Manasquan
,
NJ
08736
Military career opportunities
500
Callan D Costa Foundation
PO Box 1877
Pt Pleasant Beach
,
NJ
08742
Assisting children with cerebral palsy
2,500
Redeem Her
PO Box 412
Little Silver
,
NJ
07739
Transitional services
2,500
FPC Food Pantry
270 Woodbridge Avenue
Metuchen
,
NJ
08840
Food pantry
2,500
180 Turning Lives Around
1 Bethany Road
Hazlet
,
NJ
07730
COVID relief
2,500
Community Nursery School
270 Woodbridge Avenue
Metuchen
,
NJ
08840
COVID relief
2,500
Community Services Inc of Ocean County
179A South Main Street
Manahawkin
,
NJ
08050
COVID relief
2,500
Big Brothers Big Sisters
305 Bond Street
Asbury Park
,
NJ
07712
Mentoring youth
2,500
Emmanuel Cancer Foundation
1710 Hwy 71
Wall
,
NJ
07719
Support for pediatric cancer patients
2,500
Collaborative Support Services of NJ
11 Spring Street
Freehold
,
NJ
07728
COVID relief
2,500
Alternatives Inc
600 First Avenue
Raritan
,
NJ
08869
COVID relief
2,500
Dream Factory of NJ
PO Box 1273
Wall
,
NJ
07719
COVID relief
2,500
Lunch Break Inc
121 Drs James Parker Blvd
Red Bank
,
NJ
07701
COVID relief
2,500
One Life to Love
PO Box 282
Brick
,
NJ
08724
COVID relief
2,500
HABcore Inc
788 Shrewsbury Ave
Tinton Falls
,
NJ
07724
COVID relief
2,500
The Center in Asbury Park
806 Third Avenue
Asbury Park
,
NJ
07712
COVID relief
2,500
CentraState Healthcare Foundation
225 Willow Brook Road
Freehold
,
NJ
07728
COVID relief
2,500
Christian Revival Church Inc
734 Rte 37 West
Toms River
,
NJ
08755
COVID relief
2,500
The Beauty Foundation for Cancer Care
788 Shrewsbury Ave
Tinton Falls
,
NJ
07724
COVID relief
2,500
Fulfill
3300 Route 66
Neptune
,
NJ
07753
COVID relief
2,500
Tigger House Inc
54 Broad Street
Red Bank
,
NJ
07701
COVID relief
2,500
Holiday Express Inc
151 Industrial Way East
Eatontown
,
NJ
07724
COVID relief
2,500
Bridging the Gap for Veterans
2517 Highway 35
Manasquan
,
NJ
08736
COVID relief
2,500
Food for Thought By the Sea
1000 Ocean Avenue
Asbury Park
,
NJ
07712
COVID relief
2,500
Interfaith Neighbors
810 Fourth Avenue
Asbury Park
,
NJ
07713
COVID relief
2,500
Trinitas Health Center
PO Box 259
Elizabeth
,
NJ
07207
COVID relief
2,500
CPC Behavioral Healthcare
10 Industrial Way E
Eatontown
,
NJ
07724
COVID relief
2,500
Visiting Nurse Association Health Group
23 Main Street
Holmdel
,
NJ
07733
COVID relief
2,500
Jersey Shore Dream Ctr
1710 Columbus Avenue
Neptune City
,
NJ
07753
COVID relief
2,500
Prevent Child Abuse - NJ Chapter
103 Church Street
New Brunswick
,
NJ
08901
COVID relief
2,500
Hearts of Mercy
16 Jennings Road
Manahawkin
,
NJ
08050
COVID relief
2,500
Rescue Ridge
1700 Riviera Court
Pt Pleasant
,
NJ
08742
COVID relief
2,500
Hackensack Meridian Health
1945 NJ 33
Neptune City
,
NJ
07753
COVID relief
2,500
Monmouth County Boy Scouts of America
705 Ginesi Drive
Morganville
,
NJ
07751
COVID relief
2,500
ETown Housing and Comm Dev Corp
688 Maple Avenue
Elizabeth
,
NJ
07202
COVID relief
2,500
The Ashley Lauren Foundation
309 Morris Avenue
Spring Lake
,
NJ
07762
COVID relief
2,500
Monmouth Arts
105 Monmouth Street
Red Bank
,
NJ
07701
COVID relief
2,500
Union County College Foundation
1033 Springfield Avenue
Cranford
,
NJ
07016
COVID relief
2,500
The Arc of Monmouth
1158 Wayside Road
Tinton Falls
,
NJ
07712
COVID relief
2,500
Algonquin Arts
60 Abe Voorhees Drive
Manasquan
,
NJ
08736
COVID relief
2,500
East Dover Baptist Church
974 Bay Avenue
Toms River
,
NJ
08753
COVID relief
2,500
Ocean Housing Alliance
605 Bay Avenue
Pt Pleasant Beach
,
NJ
08742
COVID relief
2,500
Stephys Place
210 West Front Street
Red Bank
,
NJ
07701
COVID relief
2,500
CASA
400 Route 34
Colts Neck
,
NJ
07722
COVID relief
2,500
St Vincent de Paul Society
90 Union Avenue
Manasquan
,
NJ
08736
COVID relief
2,500
YMCA of Metuchen Edison etc
483 Middlesex Avenue
Metuchen
,
NJ
08840
COVID relief
2,500
Shore Christian Center
PO Box 515
Allenwood
,
NJ
08720
COVID relief
2,500
Mercy Center
1106 Main Street
Asbury Park
,
NJ
07712
COVID relief
2,500
Allaire Community Farm
1923 Baileys Corner Road
Wall
,
NJ
07719
COVID relief
2,500
Preferred Behavioral Health Group
PO Box 2036
Lakewood
,
NJ
08701
COVID relief
2,500
IGA Nephropathy Foundation of America
PO Box 1322
Wall
,
NJ
07719
COVID relief
2,500
Providence HouseCatholic Charities
88 Schoolhouse Road
Whiting
,
NJ
08759
COVID relief
2,500
Coastal Volunteers in Medicine
730 Lacey Road
Forked Road
,
NJ
08731
COVID relief
2,500
Mommouth Arts Council
105 Monmouth Street
Red Bank
,
NJ
07701
Arts programs
1,000
Big Hearts to Little Hearts
1 Cluster Street
Farmingdale
,
NJ
07727
Medical research
1,000
CFC Loud n Clear Foundation
260 Casino Drive
Farmingdale
,
NJ
07727
Peer-based support programs
1,000
YMCA of Metuchen Edison etc
483 Middlesex Avenue
Metuchen
,
NJ
08840
Youth programs
2,500
Big Brothers Big Sister of Coastal and N
305 Bond Street
Asbury Park
,
NJ
07712
Mentoring relationships
3,000
Collier Youth Services
160 Conover Road
Wickatunk
,
NJ
07765
Youth services
1,000
Misameach Spreading Smiles
1880 W County Line Road
Lakewood
,
NJ
08701
Volunteer services
500
Habitat for Humanity of So Ocean Cty
668 Main Street
West Creek
,
NJ
08092
Build homes and communities
2,500
TCF Garden Fund
1112 Northstream Parkway
Point Pleasant
,
NJ
08742
Support group
1,000
Abbas Heart Outreach
734 Route 37 West
Toms River
,
NJ
08755
Assistance for indigent
1,000
Archangel Raphaels Mission
31 Bradley Drive
Edison
,
NJ
08817
Health and hygiene services
1,000
Mental Health Association of Monmouth Ct
106 Apple Street
Tinton Falls
,
NJ
07724
Health services
1,500
Girl Scouts of the Jersey Shore
242 Adelphia Road
Farmingdale
,
NJ
07727
Girl scouts
1,000
Herbertsville Volunteer Fire Co #1
601 Herbersville Road
Brick
,
NJ
08724
Volunteer fire company
1,000
The Society of St Vincent de Paul
3800 Herbertsville Road
Point Pleasant
,
NJ
08742
Assistance with needy
3,000
Middlesex County Recreation Council
35 Roosevelt Drive
Edison
,
NJ
08837
Residential camp
2,000
Panthers Lets Eat - PTO
1214 Rue Avenue
Point Pleasant
,
NJ
08742
Food for school breaks
2,500
Literacy New Jersey
213 Broadway
Long Branch
,
NJ
07740
Literacy assistance
1,500
Community Affairs and Resource Center
913 Sewall Avenue
Asbury Park
,
NJ
07712
Education and advocacy
1,000
Rise Up Chorus
PO Box 4335
Metuchen
,
NJ
08840
Musical experiences
500
Sustainable Jersey
PO Box 6855
Lawrenceville
,
NJ
08648
Assist municipalities and schools
1,000
Asbury Park Dinner Table
521 Cookman Ave
Asbury Park
,
NJ
07712
Local meals
2,000
Monmouth Symphony Orchestra
PO Box 8218
Red Bank
,
NJ
07701
Promote orchestral music
500
National Winter Activity Center
44 Breakneck Road
Vernon
,
NJ
07462
Youth winter fitness
1,000
180 Turning Lives Around
1 Bethany Rd
Hazlet
,
NJ
07730
Assist domestic violence victims
2,500
Squan Village Historical Society
105 South Street
Manasquan
,
NJ
08736
Historical preservation
2,000
The Arc Ocean County Chapter
815 Cedar Bridge Avenue
Lakewood
,
NJ
08701
Opportunities for individuals with disabilities
1,500
Crohns & Colitis Foundation
45 Wilson Avenue
Manalapan
,
NJ
07726
Medical research
1,500
Stomp the Monster
PO Box 521
Marlboro
,
NJ
07746
Financial support for cancer patients
4,000
NJ Museum of Boating
1800 Bay Avenue
Point Pleasant
,
NJ
08724
Maritime museum
500
First Baptist Church
51 South Street
Manasquan
,
NJ
08736
Free food pantry
2,500
IFC United Inc
633 Locust Road
Brielle
,
NJ
08730
Unite local skills
1,000
Your Grandmothers Cupboard
173A Route 37 West
Toms River
,
NJ
08755
Assist people in poverty
500
Metuchen-Edison Historical Society
PO Box 61
Metuchen
,
NJ
08840
Geographic history
2,000
CASA
400 Route 34
Colts Neck
,
NJ
07722
Advocates for neglected children
1,000
Angel and Jules for Others
49 Cedar Drive
Colts Neck
,
NJ
07722
Various community activities
1,000
Howell PBA Local 228
PO Box 54
Howell
,
NJ
07731
Local programs
1,500
Handicapped High Riders Club
145 Route 526
Allentown
,
NJ
08501
Therapeutic riding instructions
500
Axelrod Performing Arts Center
100 Grant Avenue
Deal Park
,
NJ
07723
Cultural programs
1,000
Parker Family Health Center
211 Shrewsbury Avenue
Red Bank
,
NJ
07701
Free health care facility
2,500
Interfaith Hospitality Network of O
407 Lexington Avenue
Toms River
,
NJ
08753
Shelter and meals for homeless
1,500
Jersey Shore Rescue Mission
701 Memorial Drive
Asbury Park
,
NJ
07712
Emergency assistance and rehab
1,500
Jazz Arts Project
77 Pickney Road
Red Bank
,
NJ
07701
Jazz music
500
Jersey Shore Chamber of Commerce
1856 Highway 35
Wall
,
NJ
07719
Chamber of commerce
1,500
Academy Charter High School
1725 Main Street
Lake Como
,
NJ
07719
Child-centered school
2,500
Make-A-Wish NJ
1384 Perrineville Road
Monroe Twp
,
NJ
08831
Assist children with critical illnesses
2,500
SCAN
180 Route 35 South
Eatontown
,
NJ
07724
Assist senior citizens
2,500
The Valerie Fund
2101 Millburn Avenue
Maplewood
,
NJ
07040
Assist children with illnesses
2,000
Oceans Harbor House
808 Conifer Street
Toms River
,
NJ
08753
Assist vulnerable youths
1,500
American Legion Post #346
21 Gully Road
Neptune
,
NJ
07753
Mentoring and programs
2,000
Community Medical Center Foundation
99 Highway 37 West
Toms River
,
NJ
08753
Hospital Foundation
2,000
Mignolo Dance
272 Lake Avenue
Metuchen
,
NJ
08840
Construction of Arts Center
500
Common Ground Grief Center
67 Taylor Avenue
Manasquan
,
NJ
08736
Group support
2,000
Asbury Park Music Foundation
621 Lake Avenue
Asbury Park
,
NJ
07712
Music education
1,000
Girls on the Run of Central NJ
PO Box 6627
Hillsborough
,
NJ
08844
Programs and events
500
Festival of the Atlantic Inc
433 South Riverside Drive
Neptune
,
NJ
07753
Operatic performances
1,000
Liberty Haven Farm
2800 Lakewood Allenwood Rd
Howell
,
NJ
07731
Nurturing farm
500
Services for Children with Hidden Intell
1771 Madison Avenue
Lakewood
,
NJ
08701
Assist underprivileged children
1,500
Lunch Break Inc
121 Drs James Parker Blvd
Red Bank
,
NJ
07701
Food and clothing for needy
2,000
Mercy Center
1106 Main Street
Asbury Park
,
NJ
07712
Programs and other services
2,000
Horse Sense Therapeutic Center
145 Easy Street
Howell
,
NJ
07731
Therapeutic horseback riding
1,000
Caregiver Volunteers of Central NJ
67 Rte 37 West
Toms River
,
NJ
08755
Assist elderly and disabled
3,000
Monmouth Medical Center Foundation
300 Second Avenue
Long Branch
,
NJ
07740
Hospital Foundation
2,000
HabCore
788 Shrewsbury Ave
Tinton Falls
,
NJ
07724
Housing and support
2,000
The Ashley Lauren Foundation
617 Union Avenue
Brielle
,
NJ
08730
Assist children with cancer
2,000
Monmouth Medical Ctr Southern Campus
600 River Avenue
Lakewood
,
NJ
08701
Medical center
2,000
Autism Movement Project
2581 Crestview Road
Manasquan
,
NJ
08736
Assist with autistic patients
2,000
Mother Seton Academy
4219 Route 9 South
Howell
,
NJ
07731
Christian center
500
Garden State Film Festival
711 Boston Blvd
Sea Girt
,
NJ
08750
World class film festival
2,000
NJ Coastal Coalition
PO Box 594
Longport
,
NJ
08403
Jersey shore enhancement
1,500
ISRC Veterans Non Profit Organization
401 Lake Street
Lakehurst
,
NJ
08733
Financial support for veterans
2,000
Metuchen Downtown Alliance
10 Station Place
Metuchen
,
NJ
08840
Downtown management corporation
10,000
Community Medical Center Foundation
99 Route 37 West
Toms River
,
NJ
08755
Hospital foundation
10,000
Meridian Health Foundation
1340 Campus Parkway
Neptune
,
NJ
07753
Medical center foundation
10,000
Total
.................................
3a
322,100
b
Approved for future payment
Total
.................................
3b
Form
990-PF
(2020)
Form 990-PF (2020)
Page
12
Part XVI-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated.
Unrelated business income
Excluded by section 512, 513, or 514
(e)
Related or exempt
function income
(See instructions.)
1
Program service revenue:
(a)
Business code
(b)
Amount
(c)
Exclusion code
(d)
Amount
a
b
c
d
e
f
g
Fees and contracts from government agencies
2
Membership dues and assessments
....
3
Interest on savings and temporary cash
investments
...........
14
540
4
Dividends and interest from securities
....
5
Net rental income or (loss) from real estate:
a
Debt-financed property
......
b
Not debt-financed property
.....
6
Net rental income or (loss) from personal property
7
Other investment income
.....
8
Gain or (loss) from sales of assets other than
inventory
............
9
Net income or (loss) from special events:
10
Gross profit or (loss) from sales of inventory
11
Other revenue:
a
b
c
d
e
12
Subtotal. Add columns (b), (d), and (e)
..
540
13
Total.
Add line 12, columns (b), (d), and (e)
..................
13
540
(See worksheet in line 13 instructions to verify calculations.)
Part XVI-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
Form
990-PF
(2020)
Form 990-PF (2020)
Page
13
Part XVII
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1)
Cash
...................................
1a(1)
No
(2)
Other assets
.................................
1a(2)
No
b
Other transactions:
(1)
Sales of assets to a noncharitable exempt organization
....................
1b(1)
No
(2)
Purchases of assets from a noncharitable exempt organization
..................
1b(2)
No
(3)
Rental of facilities, equipment, or other assets
.......................
1b(3)
No
(4)
Reimbursement arrangements
...........................
1b(4)
No
(5)
Loans or loan guarantees
.............................
1b(5)
No
(6)
Performance of services or membership or fundraising solicitations
................
1b(6)
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees
..............
1c
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column
(b)
should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column
(d)
the value of the goods, other assets, or services received.
(a)
Line No.
(b)
Amount involved
(c)
Name of noncharitable exempt organization
(d)
Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527?
...........
Yes
No
b
If "Yes," complete the following schedule.
(a)
Name of organization
(b)
Type of organization
(c)
Description of relationship
Sign Here
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
May the IRS discuss this return
with the preparer shown below?
See instructions.
Yes
No
Signature of officer or trustee
Date
Title
Paid Preparer Use Only
Print/Type preparer's name
Preparer's Signature
Date
Check if self-
employed
PTIN
Firm's name
Firm's EIN
Firm's address
Phone no.
Form
990-PF
(2020)
Additional Data
Software ID:
20011551
Software Version:
2020v4.0
Form 990PF - Special Condition Description:
Special Condition Description
-
TIN:
Schedule B
(Form 990, 990-EZ,
or 990-PF)
Department of the Treasury
Internal Revenue Service
Schedule of Contributors
Attach to Form 990, 990-EZ, or 990-PF.
Go to
www.irs.gov/Form990
for the latest information.
OMB No. 1545-0047
20
20
Name of the organization
Manasquan Bank Charitable Foundation Inc
Employer identification number
46-3137444
Organization type
(check one):
Filers of:
Section:
Form 990 or 990-EZ
501(c)(
) (enter number) organization
4947(a)(1) nonexempt charitable trust
not
treated as a private foundation
527 political organization
Form 990-PF
501(c)(3) exempt private foundation
4947(a)(1) nonexempt charitable trust treated as a private foundation
501(c)(3) taxable private foundation
Check if your organization is covered by the
General Rule
or a
Special Rule.
Note:
Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
General Rule
For an organization filing Form 990, 990-EZ, or 990-PF that received, during the year, contributions totaling $5,000 or more (in money or other property) from any one contributor. Complete Parts I and II. See instructions for determining a contributor's total contributions.
Special Rules
For an organization described in section 501(c)(3) filing Form 990 or 990-EZ that met the 33
1
/3
% support test of the regulations
under sections 509(a)(1) and 170(b)(1)(A)(vi), that checked Schedule A (Form 990 or 990-EZ), Part II, line 13, 16a, or 16b, and that received from any one contributor, during the year, total contributions of the greater of
(1)
$5,000 or
(2)
2% of the amount on (i) Form 990, Part VIII, line 1h, or (ii) Form 990-EZ, line 1. Complete Parts I and II.
For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, total contributions of more than $1,000
exclusively
for religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals. Complete Parts I, II, and III.
For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, contributions
exclusively
for religious, charitable, etc., purposes, but no such contributions totaled more than $1,000. If this box is checked, enter here the total contributions that were received during the year for an
exclusively
religious, charitable, etc., purpose. Don't complete any of the parts unless the
General Rule
applies to this organization because it received
nonexclusively
religious, charitable, etc., contributions totaling $5,000 or more during the year
.........
$
Caution:
An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it
must
answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).
For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.
Cat. No. 30613X
Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
Page
2
Name of organization
Manasquan Bank Charitable Foundation Inc
Employer identification number
46-3137444
Part I
Contributors
Contributors
(see instructions). Use duplicate copies of Part I if additional space is needed.
(a)
No.
(b)
Name, address, and ZIP + 4
(c)
Total contributions
(d)
Type of contribution
1
Manasquan Bank
2221 Landmark Place
Wall Township
,
NJ
08736
$
180,000
Person
Payroll
Noncash
(Complete Part II for noncash contributions.)
(a)
No.
(b)
Name, address, and ZIP + 4
(c)
Total contributions
(d)
Type of contribution
$
Person
Payroll
Noncash
(Complete Part II for noncash contributions.)
(a)
No.
(b)
Name, address, and ZIP + 4
(c)
Total contributions
(d)
Type of contribution
$
Person
Payroll
Noncash
(Complete Part II for noncash contributions.)
(a)
No.
(b)
Name, address, and ZIP + 4
(c)
Total contributions
(d)
Type of contribution
$
Person
Payroll
Noncash
(Complete Part II for noncash contributions.)
(a)
No.
(b)
Name, address, and ZIP + 4
(c)
Total contributions
(d)
Type of contribution
$
Person
Payroll
Noncash
(Complete Part II for noncash contributions.)
(a)
No.
(b)
Name, address, and ZIP + 4
(c)
Total contributions
(d)
Type of contribution
$
Person
Payroll
Noncash
(Complete Part II for noncash contributions.)
Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
Page
3
Name of organization
Manasquan Bank Charitable Foundation Inc
Employer identification number
46-3137444
Part II
Noncash Property
(see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
$
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
$
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
$
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
$
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
$
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
$
Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
Page
4
Name of organization
Manasquan Bank Charitable Foundation Inc
Employer identification number
46-3137444
Part III
Exclusively
religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns
(a)
through
(e) and
the following line entry. For organizations completing Part III, enter the total of
exclusively
religious, charitable, etc., contributions of
$1,000 or less
for the year. (Enter this information once. See instructions.)
$
Use duplicate copies of Part III if additional space is needed.
(a)
No. from Part I
(b) Purpose of gift
(c) Use of gift
(d) Description of how gift is held
(e) Transfer of gift
Transferee's name, address, and ZIP 4
Relationship of transferor to transferee
(a)
No. from Part I
(b) Purpose of gift
(c) Use of gift
(d) Description of how gift is held
(e) Transfer of gift
Transferee's name, address, and ZIP 4
Relationship of transferor to transferee
(a)
No. from Part I
(b) Purpose of gift
(c) Use of gift
(d) Description of how gift is held
(e) Transfer of gift
Transferee's name, address, and ZIP 4
Relationship of transferor to transferee
(a)
No. from Part I
(b) Purpose of gift
(c) Use of gift
(d) Description of how gift is held
(e) Transfer of gift
Transferee's name, address, and ZIP 4
Relationship of transferor to transferee
Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
Additional Data
Software ID:
20011551
Software Version:
2020v4.0
-
TIN:
TY 2020 SubstantialContributorsSch
Name:
Manasquan Bank Charitable Foundation Inc
EIN:
46-3137444
Software ID:
20011551
Software Version:
2020v4.0
Name
Address
Manasquan Bank
2221 Landmark Place
Wall Township
,
NJ
08736