BETA

DANOWITZ FAMILY CHARITABLE FOUNDATION: Form 990PF, tax year 2022

View the entire original 990 at ProPublica ↗

Organization
DANOWITZ FAMILY CHARITABLE FOUNDATION (EIN 87-1166855)
Tax period
2022-01-01 to 2022-12-31
Filed
2024-01-24
IRS object ID
202410249349100401
Schema version
2022v5.0
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 ReturnHeader

FieldValueIRS element (for citing)
Return2024-01-24T08:26:43-05:00ReturnTs
Tax Period End2022-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN823411466PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Barbush Hoffman Short LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11104 Fernwood Avenue Ste 501AddressLine1Txt
CityCamp HillCityNm
State AbbreviationPAStateAbbreviationCd
ZIP17011ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2022-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN871166855EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1DANOWITZ FAMILY CHARITABLE FNDTNBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlDANOBusinessNameControlTxt

US Address USAddress

FieldValueIRS element (for citing)
Address Line13909 ROCKWOOD FARM ROADAddressLine1Txt
CityNEWTOWN SQUARECityNm
State AbbreviationPAStateAbbreviationCd
ZIP19073ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMICHAEL DANOWITZPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone2674082547PhoneNum
Signature2024-01-24SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstMICHAELPersonFirstNm
Person LastDANOWITZPersonLastNm
FieldValueIRS element (for citing)
SSNXXX-XX-XXXXSSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonSamuel M Barbush CPAPreparerPersonNm
PTINP00188510PTIN
Phone7177612801PhoneNum

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer0TrustedCustomerCd
OOB Security Verification00OOBSecurityVerificationCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2022TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$1,100,758FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$600,000ContriRcvdRevAndExpnssAmt
Dividends Rev And Expnss$19,689DividendsRevAndExpnssAmt
Dividends Net Invst Incm$19,689DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss-$68,665NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$565,998GrossSalesPriceAmt
Total Rev And Expnss$551,024TotalRevAndExpnssAmt
Total Net Invst Incm$19,689TotalNetInvstIncmAmt
Other Prof Fees Rev And Expnss$4,262OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm$4,262OtherProfFeesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss$4,262TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$4,262TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$5,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$5,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$9,262TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$4,262TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$5,000TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$541,762ExcessRevenueOverExpensesAmt
Net Investment Income$15,427NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$7,682CashBOYAmt
Cash EOY$31,508CashEOYAmt
Cash EOYFMV$31,508CashEOYFMVAmt
Corporate Stock BOY$606,729CorporateStockBOYAmt
Corporate Stock EOY$1,125,374CorporateStockEOYAmt
Corporate Stock EOYFMV$1,069,250CorporateStockEOYFMVAmt
Total Assets BOY$614,411TotalAssetsBOYAmt
Total Assets EOY$1,156,882TotalAssetsEOYAmt
Total Assets EOYFMV$1,100,758TotalAssetsEOYFMVAmt
Total Liabilities BOY$0TotalLiabilitiesBOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Retained Earning BOY$614,411RetainedEarningBOYAmt
Retained Earning EOY$1,156,882RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$614,411TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$1,156,882TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$614,411TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$1,156,882TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$614,411TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$541,762ExcessRevenueOverExpensesAmt
Other Increases$709OtherIncreasesAmt
Subtotal$1,156,882SubtotalAmt
Tot Net Ast Or Fund Balances EOY$1,156,882TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)

PropertyPropertyDescHow AcquiredHowAcquiredCdAcquiredAcquiredDtSoldSoldDtGross Sales PriceGrossSalesPriceAmtCost Or Other BasisCostOrOtherBasisAmtGain Or LossGainOrLossAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
LPL FINANCIALP2021-08-212022-06-22$562,516$634,663-$72,147-$72,147
CAPITAL GAIN DISTRIBUTIONSD$3,482$3,482$3,482
FieldValueIRS element (for citing)
Capital Gain Net Income-$68,665CapitalGainNetIncomeAmt
Net Short Term Capital Gain Loss-$72,147NetShortTermCapitalGainLossAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$214InvestmentIncomeExciseTaxAmt
Tax Under Section511$0TaxUnderSection511Amt
Subtotal$214SubtotalAmt
Subtitle A Tax$0SubtitleATaxAmt
Tax Based On Investment Income$214TaxBasedOnInvestmentIncomeAmt
Tax Due$214TaxDueAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StatePAOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsYes (true)NewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Individual With BooksMICHAEL DANOWITZIndividualWithBooksNm
Phone2674082547PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line13909 ROCKWOOD FARM ROADAddressLine1Txt
CityNEWTOWN SQUARECityNm
State AbbreviationPAStateAbbreviationCd
ZIP19073ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Undistributed Income PYYes (true)UndistributedIncomePYInd
Undistributed Income PY12021UndistributedIncomePY1Yr
Undistr Incm Sect4942a2 Not AppfalseUndistrIncmSect4942a2NotAppInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
MICHAEL DANOWITZ
3909 ROCKWOOD FARM ROADNEWTOWN SQUAREPA19073PRESIDENTTREASURER1.00$0$0$0
ERICA S DANOWITZ
3909 ROCKWOOD FARM ROADNEWTOWN SQUAREPA19073VICE PRESIDENTSECRETARY1.00$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Other Employee Paid Over50k0OtherEmployeePaidOver50kCnt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$784,794AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$87,892AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$872,686TotalFMVOfUnusedAssetsAmt
Acquisition Indebtedness$0AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast$872,686AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$13,090CashDeemedCharitableAmt
Net Vl Noncharitable Assets$859,596NetVlNoncharitableAssetsAmt
Minimum Investment Return$42,980MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$42,980MinimumInvestmentReturnAmt
Tax Based On Investment Income$214TaxBasedOnInvestmentIncomeAmt
Total Tax$214TotalTaxAmt
Distributable Before Adj$42,766DistributableBeforeAdjAmt
Distributable Before Ded$42,766DistributableBeforeDedAmt
Distributable As Adjusted$42,766DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$5,000ExpensesAndContributionsAmt
Qualifying Distributions$5,000QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$42,766DistributableAsAdjustedAmt
Qualifying Distributions$5,000QualifyingDistributionsAmt
Applied To Current Year$5,000AppliedToCurrentYearAmt
Undistributed Income CY$37,766UndistributedIncomeCYAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerNONEContributingManagerNm
Shareholder ManagerNONEShareholderManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp

FieldValueIRS element (for citing)
Recipient PersonDUKE UNIVERSITYRecipientPersonNm

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 90581AddressLine1Txt
CityDURHAMCityNm
State AbbreviationNCStateAbbreviationCd
ZIP277080581ZIPCd
FieldValueIRS element (for citing)
Recipient Foundation StatusPCRecipientFoundationStatusTxt
Grant Or Contribution PurposeEDUCATIONALGrantOrContributionPurposeTxt
Amt$5,000Amt
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$5,000TotalGrantOrContriPdDurYrAmt

Grant Or Contri Apprv For Fut GrantOrContriApprvForFutGrp (4 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
DUKE UNIVERSITY
P O BOX 90581DURHAMNC277080581PCEDUCATION$5,000
DUKE UNIVERSITY
P O BOX 90581DURHAMNC277080581PCEDUCATION$5,000
CORNELL UNIVERSITY
130 EAST SENECA STREETITHACANY148504353PCEDUCATION$15,000
EQUAL JUSTICE FOUNDATION
455 BEAR CREEK ROADCOLORADO SPRINGSCO80906PCACCESS TO LAW$2,500
FieldValueIRS element (for citing)
Total Grant Or Contri Apprv Fut$27,500TotalGrantOrContriApprvFutAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$19,689ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$19,689ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$19,689TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Schedule B IRS990ScheduleB

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
General RuleYes (X)GeneralRuleInd

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
Contributor1ContributorNum
Contributor PersonMICHAEL A DANOWITZContributorPersonNm

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line13909 ROCKWOOD FARM ROADAddressLine1Txt
CityNEWTOWN SQUARECityNm
State AbbreviationPAStateAbbreviationCd
ZIP19073ZIPCd
FieldValueIRS element (for citing)
Total Contributions$600,000TotalContributionsAmt
Person ContributionYes (X)PersonContributionInd

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (26 entries)

StockStockNmEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
ALGER SMALL CAP FOCUS$0$0
BLACKROCK STRATEGIC INCOME OPP$83,410$79,336
EUROPACIFIC GROWTH$0$0
INVESCO DEVELOPING MARKETS$0$0
INVESCO QQQ$64,397$50,834
MAINSTAY MACKAY SHORT DURATION$0$0
MFS VALUE CL$0$0
PGIM TOTAL RETURN BOND$0$0
PGIM JENNISON GROWTH$0$0
PIMCO SHORT TERM$0$0
PIMCO INCOME CL$0$0
TCW TOTAL RETURN CL$0$0
TOUCHSTONE MID CAP CL$54,793$48,846
VANGUARD DIVIDEND APPRCTN$68,292$65,341
VANGUARD TOTAL STOCK MARKET$134,567$120,511
AMERICAN MUTUTAL CL$79,277$79,714
FULLER & THALER BEHAVIORAL SM$48,161$46,781
GOLDMAN SACHS GQG$74,981$72,420
SHARES MSCI EAFE$46,618$48,047
JP MORGAN US QUALITY$47,292$45,845
JP MORGAN CORE BOND$62,387$56,923
MORGAN STANLEY INSTL GLOBAL$38,803$38,976
NEW WORLD CL F2$44,585$42,594
PIMCO LOW DURATION INCOME$84,929$81,540
THORNBURG ULTRA SHORT INCOME$94,760$94,917
VANGUARD SHORT TERM BOND$98,122$96,625

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail

FieldValueIRS element (for citing)
DescUNREALIZED SHORT TERM GAINDesc
Amt$709Amt

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

FieldValueIRS element (for citing)
CategoryLPL FINANCIAL ADVISORSCategoryTxt
Amt$4,262Amt
Net Investment Income$4,262NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$0DisbursementsCharitablePrpsAmt

Substantial Contributors Sch SubstantialContributorsSch

Substantial Contributor Detail SubstantialContributorDetail

FieldValueIRS element (for citing)
PersonMICHAEL DANOWITZPersonNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line13909 ROCKWOOD FARM ROADAddressLine1Txt
CityNEWTOWN SQUARECityNm
State AbbreviationPAStateAbbreviationCd
ZIP19073ZIPCd

Comments

Anonymous: no account or email. Up to 2,000 characters, at most one link. Comments are checked automatically; some wait for review.