DONALD AND PAULA SMITH FAMILY FOUNDATION INC: Form 990PF, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- DONALD AND PAULA SMITH FAMILY FOUNDATION INC (EIN 22-3732524)
- Tax period
- 2023-09-01 to 2024-08-31
- Filed
- 2024-12-23
- IRS object ID
- 202423589349100907
- Schema version
- 2023v5.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Accounting Fees Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Other Expenses Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-12-23T18:21:40-06:00 | ReturnTs |
| Tax Period End | 2024-08-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 873707167 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CBIZ MARKS PANETH LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 685 THIRD AVENUE | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10017 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2023-09-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 223732524 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE DONALD AND PAULA SMITH FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | DONA | BusinessNameControlTxt |
| Phone | 2122840990 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 152 WEST 57TH ST 29TH FLOOR | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10019 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JULIE D SMITH | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 2122840990 | PhoneNum |
| Signature | 2024-12-23 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | MAGDALENA CZERNIAWSKI | PreparerPersonNm |
| PTIN | P00535099 | PTIN |
| Phone | 2125038800 | PhoneNum |
| Preparation | 2024-12-23 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2024-10-15 13:58:12Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Change | Yes (X) | AddressChangeInd |
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $120,518,716 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $87,165 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $87,165 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $2,401,634 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $2,401,677 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $8,603,902 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $30,211,561 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $8,525,124 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $6,884 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $6,884 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $11,099,585 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $11,020,850 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $110,000 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $110,000 | CompOfcrDirTrstDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $10,000 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $5,000 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $5,000 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $921,334 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $921,334 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $68,173 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $0 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $14,239 | TaxesDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $6,036 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $0 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $6,036 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $88,162 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $84,103 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $4,060 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $1,203,705 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $1,010,437 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $139,335 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $9,650,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $9,650,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $10,853,705 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $1,010,437 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $9,789,335 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $245,880 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $10,010,413 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $4,118,621 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $1,156,440 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $1,156,440 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $59,182,676 | CorporateStockBOYAmt |
| Corporate Stock EOY | $62,104,415 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $88,995,137 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $30,080,817 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $30,367,139 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $30,367,139 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $93,382,114 | TotalAssetsBOYAmt |
| Total Assets EOY | $93,627,994 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $120,518,716 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $9,469,214 | CapitalStockBOYAmt |
| Capital Stock EOY | $9,469,214 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $83,912,900 | RetainedEarningBOYAmt |
| Retained Earning EOY | $84,158,780 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $93,382,114 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $93,627,994 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $93,382,114 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $93,627,994 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $93,382,114 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $245,880 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $93,627,994 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $93,627,994 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (4 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | Gross Sales PriceGrossSalesPriceAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | Cost Or Other BasisCostOrOtherBasisAmt |
|---|---|---|---|---|---|
| DONALD SMITH PASSTHROUGH VALUE FUND | P | $319,681 | $319,681 | $319,681 | |
| DONALD SMITH FUTURES PASSFUND | P | -$456,927 | -$456,927 | $456,927 | |
| PUBLICLY TRADED SECURITIES | P | $29,891,880 | $12,057,406 | $12,057,406 | $17,834,474 |
| HAYWOOD SECURITIES | P | -$3,395,036 | -$3,395,036 | $3,395,036 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $8,525,124 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $139,145 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $139,145 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $139,145 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $208,415 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $208,415 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $69,270 | OverpaymentAmt |
| Applied To ES Tax | $69,270 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | NY | OrgReportOrRegisterStateCd |
| Org Report Or Register State | NJ | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | Yes (1) | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | RICHARD GREENBERG TREASURER | IndividualWithBooksNm |
| Phone | 2122840990 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 152 WEST 57TH ST 29TH FLOOR | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10019 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | Yes (1) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | 0 | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (9 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| PAULA SMITH | ||||||||
| 152 W 57TH ST 29TH FL | NEW YORK | NY | 10019 | DIRECTOR | 1.00 | $0 | $0 | $0 |
| JULIE SMITH | ||||||||
| 152 W 57TH ST 29TH FL | NEW YORK | NY | 10019 | PRESIDENT/DIR. | 10.00 | $110,000 | $0 | $0 |
| LAURA WINNER | ||||||||
| 152 W 57TH ST 29TH FL | NEW YORK | NY | 10019 | VP/DIRECTOR. | 1.00 | $0 | $0 | $0 |
| RICHARD GREENBERG | ||||||||
| 152 W 57TH ST 29TH FL | NEW YORK | NY | 10019 | TREASURER/DIR. | 1.00 | $0 | $0 | $0 |
| JON HARTSEL | ||||||||
| 152 W 57TH ST 29TH FL | NEW YORK | NY | 10019 | SECRETARY/DIR. | 1.00 | $0 | $0 | $0 |
| SCOTT BARBEE | ||||||||
| 152 W 57TH ST 29TH FL | NEW YORK | NY | 10019 | DIRECTOR | 1.00 | $0 | $0 | $0 |
| ROBERT GELFOND | ||||||||
| 152 W 57TH ST 29TH FL | NEW YORK | NY | 10019 | DIRECTOR | 1.00 | $0 | $0 | $0 |
| KEN LEVY | ||||||||
| 152 W 57TH ST 29TH FL | NEW YORK | NY | 10019 | DIRECTOR | 1.00 | $0 | $0 | $0 |
| NIKOLAOS MONOYIOS | ||||||||
| 152 W 57TH ST 29TH FL | NEW YORK | NY | 10019 | DIRECTOR | 1.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DONALD SMITH & CO INC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 152 W 57TH ST 29TH FLOOR | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10019 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | INVESTMENT SERVICES | ServiceTypeTxt |
| Compensation | $905,962 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $75,924,834 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $2,662,625 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $37,389,936 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $115,977,395 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $115,977,395 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $1,739,661 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $114,237,734 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $5,711,887 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $5,711,887 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $139,145 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $139,145 | TotalTaxAmt |
| Distributable Before Adj | $5,572,742 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $5,572,742 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $5,572,742 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $9,789,335 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $9,789,335 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $5,572,742 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr4 | $5,701,586 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $4,349,966 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $4,955,128 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $5,571,000 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $20,577,680 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $9,789,335 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $5,572,742 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $4,216,593 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $24,794,273 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $24,794,273 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $5,701,586 | ExcessFromYear4Amt |
| Excess From Year3 | $4,349,966 | ExcessFromYear3Amt |
| Excess From Year2 | $4,955,128 | ExcessFromYear2Amt |
| Excess From Year1 | $5,571,000 | ExcessFromYear1Amt |
| Excess From Current Year | $4,216,593 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (3 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| ATLAS NETWORK | ||||||
| 4075 WILSON BLVD 310 | ARLINGTON | VA | 22203 | PC | TO FURTHER DONEE'S EXEMPT PURPOSE | $3,100,000 |
| VANGUARD CHARITABLE | ||||||
| 2670 WARWICK AVE | WARWICK | RI | 02889 | PC | TO FURTHER DONEE'S EXEMPT PURPOSE | $6,000,000 |
| CATO INSTITUTE | ||||||
| 1000 MASSACHUSETTS AVE NW | WASHINGTON | DC | 20001 | PC | TO FURTHER DONEE'S EXEMPT PURPOSE | $550,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $9,650,000 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $87,165 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $2,401,634 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $8,603,902 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | REALIZED FX CURRENCY G/L | Desc |
| Exclusion | 18 | ExclusionCd |
| Exclusion | $6,884 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $11,099,585 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $11,099,585 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | CBIZ MARKS PANETH LLC | CategoryTxt |
| Amt | $10,000 | Amt |
| Net Investment Income | $5,000 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $5,000 | DisbursementsCharitablePrpsAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (34 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| AERCAP HOLDINGS | $3,035,522 | $7,160,370 |
| AIG | $1,196,530 | $89,833 |
| AIRFRANCE KLM | $1,766,560 | $3,513,480 |
| ALGOMA STEEL GROUP INC | $1,957,958 | $2,917,651 |
| ALLY FINANCIAL INC | $1,336,414 | $2,427,710 |
| BEAZER HOMES USA | $1,546,710 | $2,280,312 |
| CENTERRA GOLD | $721,037 | $1,089,470 |
| CITIGROUP | $4,275,809 | $4,766,904 |
| CIVITAS RESOURCES | $2,439,715 | $3,393,389 |
| EL DORADO GOLD COPR | $1,776,581 | $3,884,700 |
| EQUINOX GOLD | $1,991,376 | $2,073,236 |
| GENERAL MOTORS | $3,802,611 | $5,010,108 |
| GENWORTH FINANCIAL | $2,201,032 | $3,400,865 |
| HOOKER FURNISHINGS | $785,843 | $690,640 |
| IAMGOLD COPR | $2,312,827 | $3,250,026 |
| JACKSON FINANCIAL GROUP | $1,546,806 | $3,588,903 |
| JEFFERIES FINANCIAL GROUP | $418,524 | $906,444 |
| JETBLUE AIRWAYS COPR | $3,392,775 | $1,105,408 |
| KOREA ELECTRIC POWER CO | $1,006,434 | $775,200 |
| M/I HOMES INC | $1,162,898 | $4,016,124 |
| PARK HOTLES & RESORTS | $2,029,969 | $2,287,416 |
| RADIAN GROUP INC | $1,066,985 | $1,803,885 |
| TAYLOR MORRISON HOME | $1,170,388 | $2,895,190 |
| TUTOR PERINI CORP | $1,703,495 | $2,758,947 |
| UNITED STATES STEEL CORP | $2,266,840 | $3,138,948 |
| UNUM GROUP | $2,136,384 | $4,290,487 |
| SIRIUSPOINT LTD | $1,071,090 | $2,095,542 |
| CRBG | $2,815,726 | $3,257,512 |
| GLNG | $1,385,311 | $2,074,966 |
| HHH | $1,038,391 | $1,226,086 |
| MOS | $1,936,349 | $1,897,048 |
| NMIH | $1,620,973 | $2,090,463 |
| RLJ | $843,457 | $874,475 |
| TX | $2,345,095 | $1,963,399 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (2 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| DONALD SMITH FUTURES FUND LP | AT COST | $9,736,947 | $9,736,947 |
| DONALD SMITH VALUE FUND LP | AT COST | $20,630,192 | $20,630,192 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (5 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| PARTNERSHIPS OTHER EXPENSES | $68,340 | $68,340 | $0 |
| INTEREST EXPENSE ON INVESTMENT DEBTS | $13,395 | $13,395 | $0 |
| INSURANCE | $4,735 | $2,368 | $2,368 |
| PAYROLL FEES | $722 | $0 | $722 |
| DINNERS/LUNCHES | $970 | $0 | $970 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | REALIZED FX CURRENCY G/L | Desc |
| Revenue And Expenses Per Books | $6,884 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $6,884 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $6,884 | AdjustedNetIncomeAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| DONALD SMITH & CO CUSTODY FEES | $15,372 | $15,372 | $0 |
| DONALD SMITH & CO, INC. | $905,962 | $905,962 | $0 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (4 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| NYS TAXES PAID | $1,500 | $0 | $1,500 |
| PAYROLL TAXES | $12,708 | $0 | $12,708 |
| NJ TAXES | $31 | $0 | $31 |
| FEDERAL TAXES | $53,934 | $0 | $0 |
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