TY 2015 IRS 990 e-File Render
Name:
BATTISTONE FOUNDATION
| Identifier |
Return Reference |
Explanation |
| FORM 990-PF, PART VIII, LINE 1 |
FORM 990-PF, PART VII-B, LINE 1(A)(3) |
THE FOUNDATION UTILTIZES THE SERVICES OF CINDY HILL AS RESIDENT MANAGER; MRS. HILL IS THE CHIEF OPERATING OFFICER AND TRUSTEE OF THE FOUNDATION. AS A CONDITION OF MRS. HILL'S EMPLOYOMENT AS RESIDENT MANAGER, SHE IS REQUIRED TO RESIDE IN THE RESIDENT MANAGER'S RESIDENCE IN ORDER TO PROVIDE INCREASED SERVICES AND SECURITY FOR THE PROPERTIES AND THE FOUNDATION. AS RESIDENT MANAGER, MRS. HILL OCCUPIES THE RESIDENCE RENT-FREE. THE FMV OF THE RENTAL VALUE FOR THE RESIDENCE IS REPORTED AS COMPENSATION TO MRS. HILL. |