Civic Intelligence

Buckeye Partners Foundation

990 • Fiscal year 2017 • EIN 81-5053545

Jan 01, 2017 to Dec 31, 2017 • Filed on Nov 13, 2018

Organization ProfileN/A
One Greenway Plaza No 600Houston, TX 77046

(832) 615-8600

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

61st percentile

0.01x

Higher debt load relative to assets than 61% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

59th percentile

0.00x

Higher debt load relative to revenue than 59% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

91st percentile

47%

Higher net margin than 91% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2016 to 2017

Revenue Growth

77th percentile

27%

Faster revenue growth than 77% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets61st percentile

Assets

Up

$184,619

Up $184,619 from 2016

Net Assets

Up

$183,551

Up $183,551 from 2016

Liabilities

Up

$1,068

Up $1,068 from 2016

Revenue And Expenses
Liabilities / Revenue59th percentileNet Margin91st percentile

Revenue

Up

$391,974

Up $82,832 (+27%) from 2016

Expenses

Down

$208,423

Down $100,719 (-33%) from 2016

Net Income

Up

$183,551

Up $183,551 from 2016

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$600K$400K$200K$0Assets 2016: $0Liabilities 2016: $0Net Assets 2016: $02016Assets 2017: $184,619Liabilities 2017: $1,068Net Assets 2017: $183,5512017Assets 2018: $151,780Liabilities 2018: $5,514Net Assets 2018: $146,2662018Assets 2019: $440,392Liabilities 2019: $390,450Net Assets 2019: $49,9422019Assets 2020: $34,344Liabilities 2020: $7,797Net Assets 2020: $26,5472020Assets 2021: $66,735Liabilities 2021: $7,513Net Assets 2021: $59,2222021Assets 2022: $52,913Liabilities 2022: $7,821Net Assets 2022: $45,0922022Assets 2023: $0Liabilities 2023: $0Net Assets 2023: $02023

Highlighted filing

2017

Assets$184,619
Liabilities$1,068
Net Assets$183,551
Open 2017 Filing

Operations Trend

Revenue Growth77th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$800K$600K$400K$200K$0-$200KRevenue 2016: $309,142Expenses 2016: $309,142Net Income 2016: $02016Revenue 2017: $391,974Expenses 2017: $208,423Net Income 2017: $183,5512017Revenue 2018: $9,859Expenses 2018: $47,144Net Income 2018: -$37,2852018Revenue 2019: $504,456Expenses 2019: $600,780Net Income 2019: -$96,3242019Revenue 2020: $15,012Expenses 2020: $38,407Net Income 2020: -$23,3952020Revenue 2021: $91,344Expenses 2021: $58,669Net Income 2021: $32,6752021Revenue 2022: $22,445Expenses 2022: $36,575Net Income 2022: -$14,1302022Revenue 2023: $32,599Expenses 2023: $77,691Net Income 2023: -$45,0922023

Highlighted filing

2017

Revenue$391,974
Expenses$208,423
Net Income$183,551
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 13, 2018
Return Version
2017v2.3
Gross Receipts
$391,974
Mission and Program Overview

Mission

Buckeye partners foundation provides aid to the employees of buckeye partners, l.p. Or its affiliates, including, without limitation, buckeye pipe line services company, and the families of such employees, suffering financial need (continued on schedule o)or distress resulting from catastrophic events in their lives such as natural or civil disasters. The foundation also provides grants to other section 501(c)(3) public charities to support the charitable work of those organizations.

SEE PART III, LINE 1.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts-$184,619-
Total Assets$0$184,619▲ $184,619
Liabilities
Accounts Payable and Accrued Expenses-$1,068-
Total Liabilities$0$1,068▲ $1,068
Net Assets / Fund Balance
Unrestricted Net Assets-$183,551-
Total Net Assets Fund Balance$0$183,551▲ $183,551
Total Liabilities and Net Assets / Fund Balance$0$184,619▲ $184,619
Compensation and Service Providers
Top Officer Pay76th percentile

Board Members and Trustees

NameTitle
Clark C SmithPresident
Todd J RussoSecretary
Keith E StclairTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$391,974
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$359,860
Change in Net Assets
$183,551

Audited Revenue Reconciliation

Revenue per Audited Statements
$391,974
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$309,142
Total Revenue per Audited Statements
$701,116
Total Revenue per Form 990
$391,974
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$198,523
Other Expenses$9,900
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$194,481--$194,481
Fees for Services Legal-$6,181-$6,181
Grants to Domestic Orgs$4,042--$4,042
Fees for Services Other-$2,806-$2,806
Office Expenses-$913-$913
Total Functional Expenses$198,523$9,900$0$208,423

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$517,565
Expenses Not Reported on Form 990$309,142
Expenses per Audited Statements$208,423
Total Expenses per Form 990$208,423
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

“Buckeye partners, l.p. Is the sole member of the buckeye partners foundation.”

Form 990, Part VI, Section A, Line 7A

“Buckeye partners, l.p. Has the right to appoint the directors and officers of buckeye partners foundation.”

Form 990, Part VI, Section A, Line 8B

“There are no committees with authority to act on behalf of the governing body.”

Form 990, Part VI, Section B, Line 11B

“The form 990 was prepared by the outside accountants and reviewed by the tax personnel of buckeye partners, l.p. A copy was provided to the foundation's board prior to filing with the irs.”

Form 990, Part VI, Section B, Line 12C

“Directors and officers are covered under the policy and they complete a conflict of interest declaration on an annual basis that speaks to potential conflicts. Potential conflicts are brought to a director or officer of the company for evaluation. If a conflict exists, the interested person recuses themselves from voting on the matter.”

Form 990, Part VI, Section C, Line 19

“The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon reasonable request.”

FORM 990, PART VII, SECTION A:

“The day-to-day operations of the organization are managed by a volunteer board of directors.”

Filing and Contact Details

Filer

Filer Name
Buckeye Partners Foundation
EIN
81-5053545
Phone
8326158600
Address
ONE GREENWAY PLAZA NO 600, HOUSTON, TX 77046

Signing Officer

Name
Keith E Stclair
Title
Treasurer
Phone
8326158600
Signed
2018-11-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Clark C Smith
Formed
2016
Legal Domicile
De
Voting Board Members
3
Independent Board Members
0
Employees
0
Volunteers
18

Preparer

Firm
Gelman Rosenberg & Freedman
Address
4550 MONTGOMERY AVE SUITE 650N, BETHESDA, MD 20814-2930
Phone
3019519090
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

“For the period october 10, 2016 (date of incorporation) to december 31, 2017, the foundation has documented its consideration of fasb asc 740-10, income taxes, that provides guidance for reporting uncertainty in income taxes, and has determined that no material uncertain tax positions qualify for either recognition or disclosure in the financial statements.”

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“October 10, 2016 through december 31, 2016 revenue 309,142. Included in the 15-month october 10, 2016 through december 31, 2017 audit report, but reported on the 2016 form 990, and excluded from 2017 form 990 reporting.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“October 10, 2016 through december 31, 2016 expenses 309,142. Included in the 15-month october 10, 2016 through december 31, 2017 audit report, but reported on the 2016 form 990, and excluded from 2017 form 990 reporting.”

Raw XML Appendix365 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt01068
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0SEE PART III, LINE 1.
IRS990/AllOtherContributionsAmt0359860
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0TODD J RUSSO
IRS990/BooksInCareOfDetail/PhoneNum06109044505
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt09999 HAMILTON BLVD 5 TREK PARK
IRS990/BooksInCareOfDetail/USAddress/CityNm0BREINIGSVILLE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0PA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd018031
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/EOYAmt0184619
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0391974
IRS990/CYGrantsAndSimilarPaidAmt0198523
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt09900
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0183551
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0208423
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0391974
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0SOLICIT FUNDS FOR CHARITABLE ACTIVITIES AND MAKE PAYMENTS FOR DISASTER.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0198523
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt06181
IRS990/FeesForServicesLegalGrp/TotalAmt06181
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt02806
IRS990/FeesForServicesOtherGrp/TotalAmt02806
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/PersonNm0CLARK C SMITH
IRS990/Form990PartVIISectionAGrp/PersonNm1KEITH E STCLAIR
IRS990/Form990PartVIISectionAGrp/PersonNm2TODD J RUSSO
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02016
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt03
IRS990/GrantAmt0198523
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt0194481
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt0194481
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt04042
IRS990/GrantsToDomesticOrgsGrp/TotalAmt04042
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0391974
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt00
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0DE
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0BUCKEYE PARTNERS FOUNDATION PROVIDES AID TO THE EMPLOYEES OF BUCKEYE PARTNERS, L.P. OR ITS AFFILIATES, INCLUDING, WITHOUT LIMITATION, BUCKEYE PIPE LINE SERVICES COMPANY, AND THE FAMILIES OF SUCH EMPLOYEES, SUFFERING FINANCIAL NEED OR DISTRESS RESULTING FROM CATASTROPHIC EVENTS IN THEIR LIVES SUCH AS NATURAL OR CIVIL DISASTERS. THE FOUNDATION ALSO PROVIDES GRANTS TO OTHER SECTION 501(C)(3) PUBLIC CHARITIES TO SUPPORT THE CHARITABLE WORK OF THOSE ORGANIZATIONS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt00
IRS990/NetAssetsOrFundBalancesEOYAmt0183551
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0913
IRS990/OfficeExpensesGrp/TotalAmt0913
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0CLARK C SMITH
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0309142
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0299920
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt09222
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt00
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0309142
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0309142
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0183551
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt032114
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0THE INFORMATION REPORTED IN THE 2016 COLUMN OF PART II REPRESENTS THE SHORT PERIOD OCTOBER 10, 2016 THROUGH DECEMBER 31, 2016.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, SHORT YEAR EXPLANATION:
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0391974
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0309142
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0701116
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt0508279
IRS990ScheduleA/SubstantialContributorsTotAmt0192837
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0391974
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0309142
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0701116
IRS990ScheduleA/TotalSupportAmt0701116
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/ExpensesNotReportedAmt0309142
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0208423
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherExpensesIncludedAmt0309142
IRS990ScheduleD/OtherRevenueAmt0309142
IRS990ScheduleD/RevenueNotReportedAmt0309142
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0391974
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0FOR THE PERIOD OCTOBER 10, 2016 (DATE OF INCORPORATION) TO DECEMBER 31, 2017, THE FOUNDATION HAS DOCUMENTED ITS CONSIDERATION OF FASB ASC 740-10, INCOME TAXES, THAT PROVIDES GUIDANCE FOR REPORTING UNCERTAINTY IN INCOME TAXES, AND HAS DETERMINED THAT NO MATERIAL UNCERTAIN TAX POSITIONS QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1OCTOBER 10, 2016 THROUGH DECEMBER 31, 2016 REVENUE 309,142. INCLUDED IN THE 15-MONTH OCTOBER 10, 2016 THROUGH DECEMBER 31, 2017 AUDIT REPORT, BUT REPORTED ON THE 2016 FORM 990, AND EXCLUDED FROM 2017 FORM 990 REPORTING.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2OCTOBER 10, 2016 THROUGH DECEMBER 31, 2016 EXPENSES 309,142. INCLUDED IN THE 15-MONTH OCTOBER 10, 2016 THROUGH DECEMBER 31, 2017 AUDIT REPORT, BUT REPORTED ON THE 2016 FORM 990, AND EXCLUDED FROM 2017 FORM 990 REPORTING.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt0208423
IRS990ScheduleD/TotalRevenuePerForm990Amt0391974
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0701116
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0517565
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt0132301
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt162180
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0HURRICANE HARVEY AID
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt1HURRICANE MARIA AID
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt014
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt114
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0BUCKEYE PARTNERS, L.P. IS THE SOLE MEMBER OF THE BUCKEYE PARTNERS FOUNDATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BUCKEYE PARTNERS, L.P. HAS THE RIGHT TO APPOINT THE DIRECTORS AND OFFICERS OF BUCKEYE PARTNERS FOUNDATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THERE ARE NO COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE FORM 990 WAS PREPARED BY THE OUTSIDE ACCOUNTANTS AND REVIEWED BY THE TAX PERSONNEL OF BUCKEYE PARTNERS, L.P. A COPY WAS PROVIDED TO THE FOUNDATION'S BOARD PRIOR TO FILING WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DIRECTORS AND OFFICERS ARE COVERED UNDER THE POLICY AND THEY COMPLETE A CONFLICT OF INTEREST DECLARATION ON AN ANNUAL BASIS THAT SPEAKS TO POTENTIAL CONFLICTS. POTENTIAL CONFLICTS ARE BROUGHT TO A DIRECTOR OR OFFICER OF THE COMPANY FOR EVALUATION. IF A CONFLICT EXISTS, THE INTERESTED PERSON RECUSES THEMSELVES FROM VOTING ON THE MATTER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REASONABLE REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE DAY-TO-DAY OPERATIONS OF THE ORGANIZATION ARE MANAGED BY A VOLUNTEER BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VII, SECTION A:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd01
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/EIN0232432497
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/LegalDomicileStateCd0DE
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PrimaryActivitiesTxt0TRANSPORTATION, STORAGE AND MARKETING OF LIQUID PETROLEUM PRODUCTS
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/RelatedOrganizationName/BusinessNameLine1Txt0BUCKEYE PARTNERS LP
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/AddressLine1Txt0ONE GREENWAY PLAZA SUITE 600
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/CityNm0HOUSTON
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/StateAbbreviationCd0TX
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/ZIPCd077046
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt032114
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0FMV
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0BUCKEYE PARTNERS LP
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0C
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0AL
IRS990/StatesWhereCopyOfReturnIsFldCd1CA
IRS990/StatesWhereCopyOfReturnIsFldCd2CT
IRS990/StatesWhereCopyOfReturnIsFldCd3KS
IRS990/StatesWhereCopyOfReturnIsFldCd4MD
IRS990/StatesWhereCopyOfReturnIsFldCd5ME
IRS990/StatesWhereCopyOfReturnIsFldCd6MI
IRS990/StatesWhereCopyOfReturnIsFldCd7MO
IRS990/StatesWhereCopyOfReturnIsFldCd8ND
IRS990/StatesWhereCopyOfReturnIsFldCd9NH
IRS990/StatesWhereCopyOfReturnIsFldCd10NM
IRS990/StatesWhereCopyOfReturnIsFldCd11NY
IRS990/StatesWhereCopyOfReturnIsFldCd12OH
IRS990/StatesWhereCopyOfReturnIsFldCd13OK
IRS990/StatesWhereCopyOfReturnIsFldCd14OR
IRS990/StatesWhereCopyOfReturnIsFldCd15RI
IRS990/StatesWhereCopyOfReturnIsFldCd16SC
IRS990/StatesWhereCopyOfReturnIsFldCd17TN
IRS990/StatesWhereCopyOfReturnIsFldCd18UT
IRS990/StatesWhereCopyOfReturnIsFldCd19WA
IRS990/StatesWhereCopyOfReturnIsFldCd20WI
IRS990/StatesWhereCopyOfReturnIsFldCd21WV
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt00
IRS990/TotalAssetsEOYAmt0184619
IRS990/TotalAssetsGrp/BOYAmt00
IRS990/TotalAssetsGrp/EOYAmt0184619
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0391974
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt09900
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0198523
IRS990/TotalFunctionalExpensesGrp/TotalAmt0208423
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt01068
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt01068
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0183551
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0198523
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0391974
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt018
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt00
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0184619
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0183551
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0ONE GREENWAY PLAZA NO 600
IRS990/USAddress/CityNm0HOUSTON
IRS990/USAddress/StateAbbreviationCd0TX
IRS990/USAddress/ZIPCd077046
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0KEITH E STCLAIR
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum08326158600
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-11-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BUCKEYE PARTNERS FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0BUCK
ReturnHeader/Filer/EIN0815053545
ReturnHeader/Filer/PhoneNum08326158600
ReturnHeader/Filer/USAddress/AddressLine1Txt0ONE GREENWAY PLAZA NO 600
ReturnHeader/Filer/USAddress/CityNm0HOUSTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd077046
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0D58EACFAFA95E71455E3BB3FE4754A0CA17C384D
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId00710B80E6B4CCDCE108DDCFEA2DAF874DBA5013C
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt075.103.231.202
ReturnHeader/FilingSecurityInformation/IPDt02018-11-13
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ES
ReturnHeader/FilingSecurityInformation/IPTm013:05:55
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0521392008
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0GELMAN ROSENBERG & FREEDMAN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt04550 MONTGOMERY AVE SUITE 650N
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BETHESDA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0208142930
ReturnHeader/PreparerPersonGrp/PhoneNum03019519090
ReturnHeader/ReturnTs02018-11-13T12:06:02-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$184,619
Liabilities
$1,068
Net assets
$183,551
Revenue
$391,974
Expenses
$208,423
Net income
$183,551
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.33$0.78$0.45
2022Detailed filing. Detailed filing data is available for this year.$0.53$0.08$0.45$0.22$0.37$0.14
2021Detailed filing. Detailed filing data is available for this year.$0.67$0.08$0.59$0.91$0.59$0.33
2020Detailed filing. Detailed filing data is available for this year.$0.34$0.08$0.27$0.15$0.38$0.23
2019Detailed filing. Detailed filing data is available for this year.$4.40$3.90$0.50$5.04$6.01$0.96
2018Detailed filing. Detailed filing data is available for this year.$1.52$0.06$1.46$0.10$0.47$0.37
2017Detailed filing. Detailed filing data is available for this year.$1.85$0.01$1.84$3.92$2.08$1.84
2016Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$3.09$3.09$0.00