EGL CHARITABLE FOUNDATION: Form 990PF, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- EGL CHARITABLE FOUNDATION (EIN 27-3667312)
- Tax period
- 2022-09-01 to 2023-08-31
- Filed
- 2024-03-07
- IRS object ID
- 202420679349100712
- 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
- Form 990-PF
- Accounting Fees Schedule
- Investments Other Schedule2
- Legal Fees Schedule
- Other Assets Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-03-07T12:51:40-08:00 | ReturnTs |
| Tax Period End | 2023-08-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 650620269 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SMITH & ELKIN CPAS PA | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4601 MILITARY TRAIL STE 201 | AddressLine1Txt |
| City | JUPITER | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33458 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2022-09-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 273667312 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | EGL Charitable Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | EGLC | BusinessNameControlTxt |
| Phone | 2124464268 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | C/O Gruss Co 40 W 57th Street 1440 | AddressLine1Txt |
| City | New York | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10019 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | David Zislin | PersonNm |
| Person Title | Treasurer | PersonTitleTxt |
| Phone | 2126763216 | PhoneNum |
| Signature | 2024-03-07 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | David | PersonFirstNm |
| Person Last | Zisln | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (true) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Scott Elkin | PreparerPersonNm |
| PTIN | P00087099 | PTIN |
| Phone | 5617752134 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Federated Assurance Level | FAL1 | FederatedAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2022 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $142,314,280 | 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 | $21,818 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $21,818 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $2,142,761 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $2,142,761 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | -$602,921 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $4,814,688 | GrossSalesPriceAmt |
| Other Income Rev And Expnss | $382,262 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $340,187 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $1,943,920 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $2,504,766 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $406,407 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $203,203 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $203,203 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $22,036 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $22,036 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $24,377 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $12,189 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $12,189 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $19,475 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $9,738 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $9,737 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $595,440 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $595,440 | OtherProfFeesNetInvstIncmAmt |
| Interest Rev And Expnss | $2 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $2 | InterestNetInvstIncmAmt |
| Taxes Rev And Expnss | $513,435 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $79,230 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $9,612 | TaxesDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $13,115 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $13,115 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $785,621 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $633,772 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $151,849 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $2,379,908 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $1,533,574 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $421,741 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $17,710,759 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $17,710,759 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $20,090,667 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $1,533,574 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $18,132,500 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$18,146,747 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $971,192 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $10,023,249 | CashBOYAmt |
| Cash EOY | $4,371,403 | CashEOYAmt |
| Cash EOYFMV | $4,371,403 | CashEOYFMVAmt |
| Other Investments BOY | $135,498,333 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $122,968,235 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $137,942,877 | OtherInvestmentsEOYFMVAmt |
| Other Assets BOY | $500 | OtherAssetsBOYAmt |
| Other Assets EOY | $570 | OtherAssetsEOYAmt |
| Total Assets BOY | $145,522,082 | TotalAssetsBOYAmt |
| Total Assets EOY | $127,340,208 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $142,314,280 | TotalAssetsEOYFMVAmt |
| Other Liabilities BOY | $1,433 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $5,243 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $1,433 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $5,243 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $145,520,649 | RetainedEarningBOYAmt |
| Retained Earning EOY | $127,334,965 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $145,520,649 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $127,334,965 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $145,522,082 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $127,340,208 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $145,520,649 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$18,146,747 | ExcessRevenueOverExpensesAmt |
| Subtotal | $127,373,902 | SubtotalAmt |
| Other Decreases | $38,937 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $127,334,965 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (25 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | Gross Sales PriceGrossSalesPriceAmt |
|---|---|---|---|---|---|---|---|
| STCG SELECT EQUITY | P | 2023-01-01 | 2023-08-31 | $281,362 | -$281,362 | -$281,362 | |
| STCG JP MORGAN 6008 | P | 2023-01-01 | 2023-08-31 | $129,478 | $129,478 | $129,478 | |
| LTCG SELECT EQUITY | P | 2001-01-01 | 2023-08-31 | $358,316 | -$358,316 | -$358,316 | |
| LTCG JP MORGAN 6008 | P | 2001-01-01 | 2023-08-31 | $699,417 | $699,417 | $699,417 | |
| K-1 GENERATION IM GLOBAL EQUITY FD | P | 2023-01-01 | 2023-08-31 | $571,066 | -$571,066 | -$571,066 | |
| K-1 GENERATION IM GLOBAL EQUITY FD | P | 2001-01-01 | 2023-08-31 | $1,396,586 | $1,396,586 | $1,396,586 | |
| K-1 GRUSS ARBITRAGE MASTER FUND | P | 2001-01-01 | 2023-08-31 | $2,995 | $2,995 | $2,995 | |
| K-1 LONE CASCADE | P | 2023-01-01 | 2023-08-31 | $3,157,922 | -$3,157,922 | -$3,157,922 | |
| K-1 LONE CASCADE | P | 2001-01-01 | 2023-08-31 | $713,325 | $713,325 | $713,325 | |
| K-1 ORBIMED ISRAEL | P | 2023-01-01 | 2023-08-31 | $476 | -$476 | -$476 | |
| K-1 ORBIMED ISRAEL | P | 2001-01-01 | 2023-08-31 | $16,992 | -$16,992 | -$16,992 | |
| K-1 ORBIMED ISRAEL II | P | 2001-01-01 | 2023-08-31 | $20,080 | -$20,080 | -$20,080 | |
| K-1 VARDE FUND XI | P | 2023-01-01 | 2023-08-31 | $1,072 | -$1,072 | -$1,072 | |
| K-1 VARDE FUND XI | P | 2001-01-01 | 2023-08-31 | $29,001 | -$29,001 | -$29,001 | |
| K-1 GRUSS DV MASTER FUND | P | 2001-01-01 | 2023-08-31 | $1,501 | $1,501 | $1,501 | |
| K-1 FINEPOINT CAPITAL | P | 2023-01-01 | 2023-08-31 | $167,628 | -$167,628 | -$167,628 | |
| K-1 FINEPOINT CAPITAL | P | 2001-01-01 | 2023-08-31 | $314,934 | $314,934 | $314,934 | |
| K-1 WGI EMERGING MKTS | P | 2023-01-01 | 2023-08-31 | $46,411 | $46,411 | $46,411 | |
| K-1 WGI EMERGING MKTS | P | 2001-01-01 | 2023-08-31 | $81,984 | -$81,984 | -$81,984 | |
| CEVIAN II LTD PFIC | P | 2001-01-01 | 2023-08-31 | $1,506,665 | $1,506,665 | $1,506,665 | |
| K-1 GRUSS ARBITRAGE MASTER FUND | P | 2001-01-01 | 2023-08-31 | $3,376 | $3,376 | $3,376 | |
| K-1 ORBIMED | P | 2001-01-01 | 2023-08-31 | $568,255 | -$568,255 | -$568,255 | |
| K-1 GRUSS ARBITRAGE MASTER FUND | P | 2001-01-01 | 2023-08-31 | $76,368 | -$76,368 | -$76,368 | |
| K-1 GRUSS ARBITRAGE MASTER FUND | P | 2001-01-01 | 2023-08-31 | $18,394 | -$18,394 | -$18,394 | |
| K-1 DV MASTER FD | P | 2001-01-01 | 2023-08-31 | $68,693 | -$68,693 | -$68,693 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -$602,921 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $13,500 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $13,500 | SubtotalAmt |
| Tax Based On Investment Income | $13,500 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $275,551 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $275,551 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Overpayment | $262,051 | OverpaymentAmt |
| Applied To ES Tax | $262,051 | AppliedToESTaxAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | NY | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | David Zislin | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2124464268 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | C/O Gruss Co 40 W 57th St 1440 | AddressLine1Txt |
| City | NY | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10019 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | Yes (true) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (4 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt |
|---|---|---|---|---|---|---|---|
| EVELYN LIPPER | |||||||
| C/O Gruss Co 40 W 57th St | NEW YORK | NY | 10019 | President | 6.00 | $0 | |
| TINA GUBERMAN | |||||||
| C/O Gruss Co 40 W 57th St | NEW YORK | NY | 10019 | Secretary | 6.00 | $64,800 | |
| DANIELLA LIPPER COULES | |||||||
| C/O GRUSS CO 40 W 57TH ST | NEW YORK | NY | 10019 | Executive Dir. | 30.00 | $300,000 | $41,607 |
| David Zislin | |||||||
| C/O Gruss Co 40 W 57th St | New York | NY | 10019 | Treasurer | 6.00 | $0 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $138,986,385 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $7,991,697 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $146,978,082 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Adjusted Total FMV Of Unused Ast | $146,978,082 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $2,204,671 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $144,773,411 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $7,238,671 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $7,238,671 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $13,500 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $13,500 | TotalTaxAmt |
| Distributable Before Adj | $7,225,171 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $7,225,171 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $7,225,171 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $18,132,500 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $18,132,500 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $7,225,171 | DistributableAsAdjustedAmt |
| Excess Distribution Cyov Yr4 | $1,489,542 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $3,544,481 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $302,775 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $3,268,930 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $8,605,728 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $18,132,500 | QualifyingDistributionsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $7,225,171 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $10,907,329 | RemainingDistriFromCorpusAmt |
| Total Corpus | $19,513,057 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $19,513,057 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $1,489,542 | ExcessFromYear4Amt |
| Excess From Year3 | $3,544,481 | ExcessFromYear3Amt |
| Excess From Year2 | $302,775 | ExcessFromYear2Amt |
| Excess From Year1 | $3,268,930 | ExcessFromYear1Amt |
| Excess From Current Year | $10,907,329 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | EVELYN LIPPER | ContributingManagerNm |
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | EGL Charitable Foundation | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | C/O Gruss Co 40 W 57th Street 1440 | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10019 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 2124464268 | RecipientPhoneNum |
| Recipient Email Address | rh@gruss.com | RecipientEmailAddressTxt |
| Form And Info And Materials | Letter giving background of charity, the amount of grant requested and the proposed use of the funds. | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | none | SubmissionDeadlinesTxt |
| Restrictions On Awards | Generally limited to Jewish charities. | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (21 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line1RecipientForeignAddress/AddressLine1Txt | CityRecipientForeignAddress/CityNm | Province Or StateRecipientForeignAddress/ProvinceOrStateNm | CountryRecipientForeignAddress/CountryCd | Foreign PostalRecipientForeignAddress/ForeignPostalCd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| CHEVRA HATZALAH | ||||||||||||
| 1070 MCDONALD AVE | BROOKLYN | NY | 11230 | NONE | N/A | GENERAL SUPPORT | $250,000 | |||||
| HIAS INC | ||||||||||||
| PO BOX 97077 | WASHINGTON | DC | 20090 | NONE | N/A | GENERAL SUPPORT | $1,186,413 | |||||
| B'NAI JESHURUN | ||||||||||||
| 270 WEST 89TH ST | NEW YORK | NY | 10024 | NONE | N/A | GENERAL SUPPORT | $701,220 | |||||
| JEWISH COMMUNAL FUND | ||||||||||||
| 575 MADISON AVE STE 703 | NEW YORK | NY | 10022 | NONE | N/A | GENERAL SUPPORT | $9,985,000 | |||||
| STANFORD UNIVERSITY | ||||||||||||
| PO BOX 20466 | STANFORD | CA | 94309 | NONE | N/A | GENERAL SUPPORT | $210,057 | |||||
| TEMPLE ADAS - ISRAEL | ||||||||||||
| PO BOX 1378 | SAG HARBOR | NY | 11963 | NONE | N/A | GENERAL SUPPORT | $124,950 | |||||
| THE ROCKEFELLER UNIVERSITY | ||||||||||||
| 1230 YORK AVE | NEW YORK | NY | 10065 | NONE | N/A | GENERAL SUPPORT | $62,115 | |||||
| DOROT INC | ||||||||||||
| 171 WEST 85TH STREET | NEW YORK | NY | 10024 | NONE | N/A | GENERAL SUPPORT | $125,000 | |||||
| KAPLEN JCC PALISADES | ||||||||||||
| 411 EAST CLINTON AVE | TENAFLY | NJ | 07670 | NONE | N/A | GENERAL SUPPORT | $25,000 | |||||
| ISRAEL GUIDE DOG | ||||||||||||
| 968 EASTON ROAD SUITE H | WARRINGTON | PA | 18976 | NONE | N/A | GENERAL SUPPORT | $150,000 | |||||
| COLUMBIA UNIVERSITY | ||||||||||||
| 630 W 168TH ST | NEW YORK | NY | 10032 | NONE | N/A | GENERAL SUPPORT | $79,778 | |||||
| UNIVERSITY OF CALIFORNIA - REGENTS | ||||||||||||
| 1995 UNIVERSITY AVE STE 401 | BERKELEY | CA | 94704 | NONE | N/A | GENERAL SUPPORT | $174,680 | |||||
| JOWMA | ||||||||||||
| PO BOX 308 | CEDARHURST | NY | 11516 | NONE | N/A | GENERAL SUPPORT | $437,000 | |||||
| PEF ISRAEL ENDOWMENT FUND | ||||||||||||
| 317 MADISON AVE STE 607 | NEW YORK | NY | 10017 | NONE | N/A | GENERAL SUPPORT | $901,265 | |||||
| GOSHEN - HEBREW UNIVERSITY | ||||||||||||
| NONE | N/A | GENERAL SUPPORT | $750,000 | THE HEBREW UNIVERSITY MT SCOPUS | JERUSALEM | JERUSALEM | IS | 9765418 | ||||
| PARDES INSTITUTE OF JEWISH STUDIES | ||||||||||||
| 228 PARK AVE S STE 35858 | NEW YORK | NY | 10003 | NONE | N/A | GENERAL SUPPORT | $100,000 | |||||
| CITY MEALS ON WHEELS | ||||||||||||
| 355 LEXINGTON AVENUE | NEW YORK | NY | 10017 | NONE | N/A | GENERAL SUPPORT | $200,000 | |||||
| ALBERT EINSTEIN COLLEGE OF MEDICINE | ||||||||||||
| 1300 MORRIS PARK AVE 7TH FL | BRONX | NY | 10461 | NONE | N/A | GENERAL SUPPORT | $2,185,800 | |||||
| THE 92ND STREET Y NEW YORK | ||||||||||||
| 1395 LEXINGTON AVENUE | NEW YORK | NY | 10128 | NONE | N/A | GENERAL SUPPORT | $5,000 | |||||
| HOPE FOR DEPRESSION RESEARCH FDTN | ||||||||||||
| 40 WEST 57TH ST STE 1440 | NEW YORK | NY | 10019 | NONE | N/A | GENERAL SUPPORT | $40,000 | |||||
| GROWN NYC SNAP PROJECT | ||||||||||||
| PO BOX 2327 | NEW YORK | NY | 10272 | NONE | N/A | GENERAL SUPPORT | $17,481 | |||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $17,710,759 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $21,818 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $2,142,761 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Related Or Exempt Function Incm | -$602,921 | RelatedOrExemptFunctionIncmAmt |
Other Revenue Described OtherRevenueDescribedGrp (15 entries)
| DescDesc | BusinessBusinessCd | ExclusionExclusionCd | ExclusionExclusionAmt |
|---|---|---|---|
| K-1 FINEPOINT CAP - ORDIN INC | 900099 | 14 | $31,065 |
| K-1 GENERATION IM-PORTFOL | 900099 | 14 | -$41,049 |
| K-1 GRUSS DV MASTER FUND | 900099 | 14 | $12,260 |
| K-1 LONE CASC .029347%-ORD IN | 900099 | 14 | |
| K-1 LONE CASC .053613%-ORD IN | 900099 | 14 | |
| K-1 LONE CASCADE | 900099 | 14 | $1,091 |
| K-1 ORBIMED II - ORDIN INC | 900099 | 14 | $5 |
| K-1 VARDE XII | 900099 | 14 | $220,107 |
| K-1 VARDE XIII- ORDIN INC | 900099 | 14 | |
| K-1 VARDE XI-ORDINARY INC | 900099 | 14 | $58,608 |
| K-1 WGI EMERGING-PORT INC | 900099 | 14 | -$2,574 |
| PFIC CENTERBRIDGE CRDT | 900099 | 14 | $5,249 |
| PFIC DIV HCP FUND IV CAYM | 900099 | 14 | $97,500 |
| PFIC PERRY PARTNERS | 900099 | 14 | |
| TAX EXEMPT INT ON K-1 | 14 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $2,546,841 | ExclusionAmt |
| Related Or Exempt Function Incm | -$602,921 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $1,943,920 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | TAX FEES | CategoryTxt |
| Amt | $19,475 | Amt |
| Net Investment Income | $9,738 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $9,737 | DisbursementsCharitablePrpsAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (25 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| ORBIMED ISRAEL PARTNERS LP (K-1) | AT COST | $461,273 | $406,657 |
| STEADFAST INT'L LTD -- PFIC | AT COST | $3,383,165 | $6,578,302 |
| FCOI II-- PFIC | AT COST | $4,410,420 | $7,979,154 |
| GRUSS OFFSHORE ARB FUND-- K-1 | AT COST | $43,742 | |
| GENERATION IM GLOBAL (K-1) | AT COST | $20,284,327 | $20,108,959 |
| GRUSS GLOBAL ENH/GRUSS DV FUND-- PFIC | AT COST | ||
| HCP FUND IV CAYMAN LP --PFIC | AT COST | $2,211,928 | $635,533 |
| LONE CASCADE LP (K-1) | AT COST | $14,556,141 | $15,158,957 |
| WGI EMERGING MARKETS (K-1) | AT COST | $8,786,905 | $9,356,065 |
| VARDE FUND XI (B) FEEDER (K-1) | AT COST | $771,508 | $317,846 |
| ETON PARK FUND LTD-- PFIC | AT COST | $1,476 | |
| SCHWAB SELECT EQUITY (BROKERAGE) | AT COST | $6,984,245 | $8,443,065 |
| MARKET VALUE COST CONTRIB (CAPE REMAIN | AT COST | $398,350 | |
| CENTERBRIDGE CR PRTNRS -- PFIC | AT COST | $13,284 | $20,559 |
| CEVIAN CAPITAL II LTD-- PFIC | AT COST | $4,525,185 | $8,357,663 |
| ORBIMED PARTNERS LTD-- PFIC | AT COST | $247,339 | $247,339 |
| JP MORGAN | AT COST | $32,469,048 | $37,766,180 |
| VARDE FUND X11 B LP | AT COST | $1,740,974 | $1,294,003 |
| ORBIMED ISRAEL PARTNERS II LP | AT COST | $592,429 | $814,325 |
| VARDE FUND XIII B | AT COST | $2,113,230 | $2,346,841 |
| EMPYREAN CAPITAL LTD | AT COST | $6,000,000 | $7,152,327 |
| FINEPOINT CAPITAL II | AT COST | $5,879,136 | $5,915,360 |
| RIVERVIEW STRAT OPPTY III | AT COST | ||
| GOLDEN TREE MULTI SECTOR FUND | AT COST | $5,000,000 | $5,000,000 |
| ORBIMED PTNRS SPV LTD - PFIC | AT COST | $2,137,872 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | CategoryTxt |
| Legal Fees | $24,377 | LegalFeesAmt |
| Net Investment Income | $12,189 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $12,189 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER RECEIVABLES | Desc |
| EOY Book Value | $570 | EOYBookValueAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PRIOR UNREALIZED GAINS RECOGNIZED | Desc |
| Amt | $38,937 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (18 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| BANK SERVICE CHARGES | $293 | $293 | |
| CONSULTING | $15,943 | $15,943 | |
| GCO ADMINISTRATIVE FEES | $170,220 | $170,220 | |
| MEALS | $10,217 | $9,195 | $1,022 |
| MEDIA | $121,719 | $121,719 | |
| OFFICE/POSTAGE | $2,833 | $1,417 | $1,416 |
| PORTFOLIO EXP- GENERATION IM K-1 | $141,633 | $141,633 | |
| PORTFOLIO EXP- GRUSS ARBITRAGE K-1 | $2,969 | $2,969 | |
| PORTFOLIO EXP- GRUSS ARBITRAGE K-1 | $3,347 | $3,347 | |
| PORTFOLIO EXP- GRUSS DV MASTER K-1 | $4,377 | $4,377 | |
| PORTFOLIO EXP- LONE CASCADE K-1 | $172,946 | $172,946 | |
| PORTFOLIO EXP- ORBIMED ISRAEL II K-1 | $18,058 | $18,058 | |
| PORTFOLIO EXP- ORBIMED ISRAEL K-1 | $6,275 | $6,275 | |
| PORTFOLIO EXP- VARDE XI B FEEDER K-1 | $31,276 | $31,276 | |
| PORTFOLIO EXP- VARDE XII | $1,643 | $1,643 | |
| PORTFOLIO EXP- WGI EMERGING MKTS K-1 | $5,062 | $5,062 | |
| PORTFOLIO EXP-FINEPOINT CAPITAL | $73,528 | $73,528 | |
| TECHNOLOGY | $3,282 | $3,282 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (10 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| K-1 FINEPOINT CAP - ORDIN INC | $31,065 | $31,065 |
| K-1 GENERATION IM-PORTFOL | -$41,049 | -$41,049 |
| K-1 GRUSS DV MASTER FUND | $12,260 | $12,260 |
| K-1 LONE CASCADE | $1,091 | $1,091 |
| K-1 ORBIMED II - ORDIN INC | $5 | $5 |
| K-1 VARDE XII | $220,107 | $220,107 |
| K-1 VARDE XI-ORDINARY INC | $58,608 | $16,533 |
| K-1 WGI EMERGING-PORT INC | -$2,574 | -$2,574 |
| PFIC CENTERBRIDGE CRDT | $5,249 | $5,249 |
| PFIC DIV HCP FUND IV CAYM | $97,500 | $97,500 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail (2 entries)
| DescDesc | EOY Book ValueEOYBookValueAmt |
|---|---|
| DUE GRUSS & CO | $3,266 |
| Rounding | $1 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (5 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| CUSTODY FEES | $3,611 | $3,611 | $0 | $0 |
| MANAGEMENT FEE - HALL PARTNERS | $383,596 | $383,596 | $0 | $0 |
| MANAGEMENT FEE - SELECT EQUITY | $94,567 | $94,567 | $0 | $0 |
| MGMT FEE WGI EMERGING | $113,641 | $113,641 | $0 | $0 |
| OTHER INVESTMENT FEE | $25 | $25 | $0 | $0 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (9 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| FEDERAL TAXES | $424,593 | ||
| FOREIGN TAXES- GENERATION IM GLOBAL K-1 | $11,247 | $11,247 | |
| FOREIGN TAXES- LONE CASCADE K-1 | $3,460 | $3,460 | |
| FOREIGN TAXES- VARDE FUND XI K-1 | $736 | $736 | |
| FOREIGN TAXES- WGI K-1 | $43,467 | $43,467 | |
| FOREIGN TAXES-FINEPOINT CAPITAL K-1 | $9,336 | $9,336 | |
| NY TAX PAYMENT | $3,000 | $3,000 | |
| PAYROLL TAXES | $15,968 | $7,984 | $7,984 |
| STATE FILING FEES | $1,628 | $1,628 |
Comments