FRADIN FAMILY FOUNDATION: Form 990PF, tax year 2022

View the entire original 990 at ProPublica ↗

Organization
FRADIN FAMILY FOUNDATION (EIN 05-0481553)
Tax period
2022-10-01 to 2023-09-30
Filed
2024-01-19
IRS object ID
202430199349100203
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)
Return2024-01-19T09:55:56-05:00ReturnTs
Tax Period End2023-09-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN050391857PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1ROSENSTEIN HALPER & MASELLI LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 9567AddressLine1Txt
CityPROVIDENCECityNm
State AbbreviationRIStateAbbreviationCd
ZIP029409567ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2022-10-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN050481553EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1FRADIN FAMILY FOUNDATIONBusinessNameLine1Txt
Business Name Line2C/O ROSENSTEINHALPER & MASELLILLPBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlFRADBusinessNameControlTxt
Phone4013316851PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 9567AddressLine1Txt
CityPROVIDENCECityNm
State AbbreviationRIStateAbbreviationCd
ZIP02940ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJAY ROSENSTEINPersonNm
Person TitleTREASURERPersonTitleTxt
Phone4013316851PhoneNum
Signature2023-11-03SignatureDt

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstJAYPersonFirstNm
Person LastROSENSTEINPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrfalseIRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJAY N ROSENSTEIN CPAPreparerPersonNm
PTINP00083146PTIN
Phone4013316851PhoneNum
Preparation2023-11-03PreparationDt
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$135,157FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss$620InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$620InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$3,683DividendsRevAndExpnssAmt
Dividends Net Invst Incm$3,683DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$11,101NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$101,833GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$11,101CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$15,404TotalRevAndExpnssAmt
Total Net Invst Incm$15,404TotalNetInvstIncmAmt
Accounting Fees Rev And Expnss$511AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$511AccountingFeesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss$511TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$511TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$100,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$100,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$100,511TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$511TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$100,000TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$85,107ExcessRevenueOverExpensesAmt
Net Investment Income$14,893NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$22,577CashBOYAmt
Cash EOY$4,036CashEOYAmt
Cash EOYFMV$4,036CashEOYFMVAmt
Corporate Stock BOY$186,665CorporateStockBOYAmt
Corporate Stock EOY$131,121CorporateStockEOYAmt
Corporate Stock EOYFMV$131,121CorporateStockEOYFMVAmt
Total Assets BOY$209,242TotalAssetsBOYAmt
Total Assets EOY$135,157TotalAssetsEOYAmt
Total Assets EOYFMV$135,157TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY$209,242NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY$135,157NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY$209,242TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$135,157TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$209,242TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$135,157TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$209,242TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$85,107ExcessRevenueOverExpensesAmt
Other Increases$11,022OtherIncreasesAmt
Subtotal$135,157SubtotalAmt
Tot Net Ast Or Fund Balances EOY$135,157TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp

FieldValueIRS element (for citing)
How AcquiredPHowAcquiredCd
Sold2022-09-30SoldDt
Gross Sales Price$101,833GrossSalesPriceAmt
Cost Or Other Basis$90,732CostOrOtherBasisAmt
Gain Or Loss$11,101GainOrLossAmt
Gains Minus Excess Or Losses$11,101GainsMinusExcessOrLossesAmt
FieldValueIRS element (for citing)
Capital Gain Net Income$11,101CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$207InvestmentIncomeExciseTaxAmt
Subtotal$207SubtotalAmt
Tax Based On Investment Income$207TaxBasedOnInvestmentIncomeAmt
Tax Due$207TaxDueAmt

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
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateRIOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt
Individual With BooksJAY ROSENSTEINIndividualWithBooksNm
Phone4013316851PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 9567AddressLine1Txt
CityPROVIDENCECityNm
State AbbreviationRIStateAbbreviationCd
ZIP02940ZIPCd
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 PYfalseUndistributedIncomePYInd
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 (3 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
CHARLES S FRADIN
PO BOX 9567 C/O ROSENSTEINPROVIDENCERI02940SECRETARY1.00$0$0$0
ROBERT SCHLOSS
PO BOX 9567PROVIDENCERI02940DIRECTOR0.10$0$0$0
JAY ROSENSTEIN
PO BOX 9567PROVIDENCERI02940TREASURER0.10$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Description1N/ADescription1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$120,227AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$13,899AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$134,126TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$134,126AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$2,012CashDeemedCharitableAmt
Net Vl Noncharitable Assets$132,114NetVlNoncharitableAssetsAmt
Minimum Investment Return$6,606MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$6,606MinimumInvestmentReturnAmt
Tax Based On Investment Income$207TaxBasedOnInvestmentIncomeAmt
Total Tax$207TotalTaxAmt
Distributable Before Adj$6,399DistributableBeforeAdjAmt
Distributable Before Ded$6,399DistributableBeforeDedAmt
Distributable As Adjusted$6,399DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$100,000ExpensesAndContributionsAmt
Qualifying Distributions$100,000QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$6,399DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$20,260ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$21,506ExcessDistributionCyovYr4Amt
Total Excess Distribution Cyov$41,766TotalExcessDistributionCyovAmt
Qualifying Distributions$100,000QualifyingDistributionsAmt
Applied To Current Year$6,399AppliedToCurrentYearAmt
Remaining Distri From Corpus$93,601RemainingDistriFromCorpusAmt
Total Corpus$135,367TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$20,260ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$115,107ExcessDistriCyovToNextYrAmt
Excess From Year4$21,506ExcessFromYear4Amt
Excess From Current Year$93,601ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Application Submission Info ApplicationSubmissionInfoGrp

FieldValueIRS element (for citing)
Restrictions On AwardsTHE FOUNDATION DOES NOT ACCEPT UNSOLICITED APPLICATIONS FOR FUNDS. DETERMINATION OF CONTRIBUTIONS IS MADE AT THE DISCRETION OF THE MANAGERS.RestrictionsOnAwardsTxt

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp

Recipient Business Name RecipientBusinessName

FieldValueIRS element (for citing)
Business Name Line1MCLEAN HOSPITALBusinessNameLine1Txt

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line1115 MILL STAddressLine1Txt
CityBELMONTCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02478ZIPCd
FieldValueIRS element (for citing)
Recipient Foundation StatusPUBLICRecipientFoundationStatusTxt
Grant Or Contribution PurposeGENERALGrantOrContributionPurposeTxt
Amt$100,000Amt
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$100,000TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$620ExclusionAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$3,683ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion$11,101ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$15,404ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$15,404TotalIncomeProducingActyAmt

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

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryTAX PREP FEE/INV FEECategoryTxt
Amt$511Amt
Net Investment Income$511NetInvestmentIncomeAmt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

FieldValueIRS element (for citing)
StockCITIZENS BANKStockNm
EOY Book Value$131,121EOYBookValueAmt
EOYFMV$131,121EOYFMVAmt

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail

FieldValueIRS element (for citing)
DescUNREALIZED GAINDesc
Amt$11,022Amt

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