BETA

MARTIN AND TONI SOSNOFF FOUNDATION: Form 990PF, tax year 2022

View the entire original 990 at ProPublica ↗

Organization
MARTIN AND TONI SOSNOFF FOUNDATION (EIN 22-2231640)
Tax period
2022-12-01 to 2023-11-30
Filed
2024-04-09
IRS object ID
202421009349100312
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)
Return2024-04-09T11:51:49-05:00ReturnTs
Tax Period End2023-11-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN341883473PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1CBIZ MHM LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11065 AVENUE OF THE AMERICASAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10018ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2022-12-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN222231640EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1MARTIN & TONI SOSNOFF FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlMARTBusinessNameControlTxt
Phone5618556259PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1260 VIA BELLARIAAddressLine1Txt
CityPALM BEACHCityNm
State AbbreviationFLStateAbbreviationCd
ZIP33480ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMARTIN SOSNOFFPersonNm
Person TitleTRUSTEEPersonTitleTxt
Phone2128675000PhoneNum
Signature2024-03-29SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstMARTINPersonFirstNm
Person LastSOSNOFFPersonLastNm
FieldValueIRS element (for citing)
SSNXXX-XX-XXXXSSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info Curr0IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMARC MINKERPreparerPersonNm
PTINP00529877PTIN
Phone2127905700PhoneNum
Preparation2024-03-29PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer3TrustedCustomerCd
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$6,774,120FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$1,588,597ContriRcvdRevAndExpnssAmt
Dividends Rev And Expnss$315,387DividendsRevAndExpnssAmt
Dividends Net Invst Incm$315,387DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$158,709NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$20,373,413GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$158,709CapGainNetIncmNetInvstIncmAmt
Other Income Rev And Expnss$116,227OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm$116,227OtherIncomeNetInvstIncmAmt
Total Rev And Expnss$2,178,920TotalRevAndExpnssAmt
Total Net Invst Incm$590,323TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$0CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Net Invst Incm$0CompOfcrDirTrstNetInvstIncmAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl$0CompOfcrDirTrstDsbrsChrtblAmt
Legal Fees Rev And Expnss$8,145LegalFeesRevAndExpnssAmt
Legal Fees Net Invst Incm$4,073LegalFeesNetInvstIncmAmt
Legal Fees Dsbrs Chrtbl$4,073LegalFeesDsbrsChrtblAmt
Accounting Fees Rev And Expnss$8,130AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$4,065AccountingFeesNetInvstIncmAmt
Accounting Fees Chrtbl Prps$4,065AccountingFeesChrtblPrpsAmt
Taxes Rev And Expnss$27,991TaxesRevAndExpnssAmt
Taxes Net Invst Incm$0TaxesNetInvstIncmAmt
Taxes Dsbrs Chrtbl$27,991TaxesDsbrsChrtblAmt
Other Expenses Rev And Expnss$87,706OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$87,706OtherExpensesNetInvstIncmAmt
Other Expenses Dsbrs Chrtbl$0OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$131,972TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$95,844TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$36,129TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$6,500,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$6,500,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$6,631,972TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$95,844TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$6,536,129TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$4,453,052ExcessRevenueOverExpensesAmt
Net Investment Income$494,479NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$61,385CashBOYAmt
Cash EOY$805,028CashEOYAmt
Cash EOYFMV$805,028CashEOYFMVAmt
Sav And Temp Cash Invst BOY$505,147SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$112,669SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$112,669SavAndTempCashInvstEOYFMVAmt
US Government Obligations BOY$1,844,910USGovernmentObligationsBOYAmt
US Government Obligations EOY$0USGovernmentObligationsEOYAmt
US Govt Obligations EOYFMV$0USGovtObligationsEOYFMVAmt
Corporate Stock BOY$3,643,943CorporateStockBOYAmt
Corporate Stock EOY$1,219,176CorporateStockEOYAmt
Corporate Stock EOYFMV$1,502,937CorporateStockEOYFMVAmt
Corporate Bonds BOY$4,973,278CorporateBondsBOYAmt
Corporate Bonds EOY$2,388,928CorporateBondsEOYAmt
Corporate Bonds EOYFMV$2,015,049CorporateBondsEOYFMVAmt
Other Investments BOY$285,914OtherInvestmentsBOYAmt
Other Investments EOY$749,836OtherInvestmentsEOYAmt
Other Investments EOYFMV$749,840OtherInvestmentsEOYFMVAmt
Other Assets BOY$0OtherAssetsBOYAmt
Other Assets EOY$1,588,597OtherAssetsEOYAmt
Other Assets EOYFMV$1,588,597OtherAssetsEOYFMVAmt
Total Assets BOY$11,314,577TotalAssetsBOYAmt
Total Assets EOY$6,864,234TotalAssetsEOYAmt
Total Assets EOYFMV$6,774,120TotalAssetsEOYFMVAmt
Total Liabilities BOY$0TotalLiabilitiesBOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY$11,314,577NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY$6,864,234NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY$11,314,577TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$6,864,234TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$11,314,577TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$6,864,234TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$11,314,577TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$4,453,052ExcessRevenueOverExpensesAmt
Other Increases$2,709OtherIncreasesAmt
Subtotal$6,864,234SubtotalAmt
Other Decreases$0OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY$6,864,234TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)

PropertyPropertyDescHow AcquiredHowAcquiredCdSoldSoldDtGross Sales PriceGrossSalesPriceAmtCost Or Other BasisCostOrOtherBasisAmtGain Or LossGainOrLossAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
CHARLES SCHWAB - CAP GAINSP2023-11-30$20,373,413$20,206,417$166,996$166,996
PTP ADJUSTMENTS2023-11-30-$8,287-$8,287
FieldValueIRS element (for citing)
Capital Gain Net Income$158,709CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$6,873InvestmentIncomeExciseTaxAmt
Tax Under Section511$0TaxUnderSection511Amt
Subtotal$6,873SubtotalAmt
Subtitle A Tax$0SubtitleATaxAmt
Tax Based On Investment Income$6,873TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$7,444EstimatedPlusOvpmtIncmTxAmt
Exempt Frgn Org Tax Wthld At Srce$0ExemptFrgnOrgTaxWthldAtSrceAmt
Extsn Request Income Tax Paid$0ExtsnRequestIncomeTaxPaidAmt
Backup Withholding Withheld$0BackupWithholdingWithheldAmt
Total Payments And Credits$7,444TotalPaymentsAndCreditsAmt
Form2220 AttachedYes (X)Form2220AttachedInd
Es Penalty$0EsPenaltyAmt
Overpayment$571OverpaymentAmt
Applied To ES Tax$571AppliedToESTaxAmt
Refund$0RefundAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political Acty0LegislativePoliticalActyInd
More Than100 Spent0MoreThan100SpentInd
Form1120 POL Filed0Form1120POLFiledInd
Section4955 Organization Tax$0Section4955OrganizationTaxAmt
Section4955 Managers Tax$0Section4955ManagersTaxAmt
Tax Reimbursed$0TaxReimbursedAmt
Activities Not Previously Rpt0ActivitiesNotPreviouslyRptInd
Changes To Articles Or Bylaws0ChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitYes (1)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (1)Form990TFiledInd
Organization Dissolved Etc0OrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (1)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (1)AtLeast5000InAssetsInd
Form990 PF Filed With Atty GenYes (1)Form990PFFiledWithAttyGenInd
Private Operating Foundation0PrivateOperatingFoundationInd
New Substantial Contributors0NewSubstantialContributorsInd
Own Controlled Entity0OwnControlledEntityInd
Donor Advised Fund0DonorAdvisedFundInd
Comply With Public Insp RqrYes (1)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt
Individual With BooksCBIZ MHMIndividualWithBooksNm
Phone2127905700PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line11065 AVENUE OF THE AMERICASAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10018ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts Question0ForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified Prsn0SaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified Prsn0BrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified Prsn0FurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified Prsn0PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified Prsn0TransferAstDisqualifiedPrsnInd
Payment To Government Official0PaymentToGovernmentOfficialInd
Uncorrected Prior Acts0UncorrectedPriorActsInd
Undistributed Income PY0UndistributedIncomePYInd
Business Holdings0BusinessHoldingsInd
Jeopardy Investments0JeopardyInvestmentsInd
Uncorrected PY Jeopardy Invst0UncorrectedPYJeopardyInvstInd
Influence Legislation0InfluenceLegislationInd
Influence Election0InfluenceElectionInd
Grants To Individuals0GrantsToIndividualsInd
Grants To Organizations0GrantsToOrganizationsInd
Noncharitable Purpose0NoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd

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
MARTIN SOSNOFF
260 VIA BELLARIAPALM BEACHFL33480TRUSTEE1.00$0$0$0
TONI SOSNOFF
260 VIA BELLARIAPALM BEACHFL33480TRUSTEE1.00$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
Contractor Paid Over50k0ContractorPaidOver50kCnt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$8,232,637AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$495,759AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$8,728,396TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Acquisition Indebtedness$0AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast$8,728,396AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$130,926CashDeemedCharitableAmt
Net Vl Noncharitable Assets$8,597,470NetVlNoncharitableAssetsAmt
Minimum Investment Return$429,874MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$429,874MinimumInvestmentReturnAmt
Tax Based On Investment Income$6,873TaxBasedOnInvestmentIncomeAmt
Income Tax$18,161IncomeTaxAmt
Total Tax$25,034TotalTaxAmt
Distributable Before Adj$404,840DistributableBeforeAdjAmt
Recoveries Qualfied Distri$0RecoveriesQualfiedDistriAmt
Distributable Before Ded$404,840DistributableBeforeDedAmt
Deduction From Distributable$0DeductionFromDistributableAmt
Distributable As Adjusted$404,840DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$6,536,129ExpensesAndContributionsAmt
Program Related Invst Total$0ProgramRelatedInvstTotalAmt
Qualifying Distributions$6,536,129QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$404,840DistributableAsAdjustedAmt
Undistributed Income PY$0UndistributedIncomePYAmt
Total For Prior Years$0TotalForPriorYearsAmt
Excess Distribution Cyov Yr5$2,422,296ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$2,840,617ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$1,732,482ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$1,713,974ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$1,481,121ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$10,190,490TotalExcessDistributionCyovAmt
Qualifying Distributions$6,536,129QualifyingDistributionsAmt
Applied To Year1$0AppliedToYear1Amt
Applied To Prior Years$0AppliedToPriorYearsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$404,840AppliedToCurrentYearAmt
Remaining Distri From Corpus$6,131,289RemainingDistriFromCorpusAmt
Excess Distri Cyov App CY Corpus$0ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY$0ExcessDistributionCyovAppCYAmt
Total Corpus$16,321,779TotalCorpusAmt
Prior Year Undistributed Incm$0PriorYearUndistributedIncmAmt
Prior Year Deficiency Or Tax$0PriorYearDeficiencyOrTaxAmt
Taxable1$0Taxable1Amt
Taxable2$0Taxable2Amt
Undistributed Income CY$0UndistributedIncomeCYAmt
Corpus Distri170b1 E Or4942g3$0CorpusDistri170b1EOr4942g3Amt
Excess Distri Cyov From Yr5$2,422,296ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$13,899,483ExcessDistriCyovToNextYrAmt
Excess From Year4$2,840,617ExcessFromYear4Amt
Excess From Year3$1,732,482ExcessFromYear3Amt
Excess From Year2$1,713,974ExcessFromYear2Amt
Excess From Year1$1,481,121ExcessFromYear1Amt
Excess From Current Year$6,131,289ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (22 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
ALZHEIMER DRUG DISCOERY FOUNDATION
57 WEST 57ST SUITE 904NEW YORKNY10019NONEEXEMPT ORGANIZATIONCHARITABLE$10,000
ALZHEIMER'S ASSOCIATION
2900 WESTCHESTER AVENUE SUITE 306NEW YORKNY10577NONEEXEMPT ORGANIZATIONCHARITABLE$1,000
AMERICAN BALLET THEATRE
890 BROADWAYNEW YORKNY10003NONEEXEMPT ORGANIZATIONCHARITABLE$500,000
BARD COLLEGE
30 CAMPUS RDANNANDALEONHUDSONNY12504NONEEXEMPT ORGANIZATIONCHARITABLE$4,350,000
BCRF
28 W 44TH ST 609NEW YORKNY10036NONEEXEMPT ORGANIZATIONCHARITABLE$500
CHAMBER MUSIC SOCIETY OF PALM BEACH
190 VALENCIA RDWEST PALM BEACHFL33401NONEEXEMPT ORGANIZATIONCHARITABLE$40,000
GEORGETOWN DAY SCHOOL
4530 MACARTHUR BLVD NWWASHINGTONDC20007NONEEXEMPT ORGANIZATIONCHARITABLE$1,500
HOFSTRA UNIVERSITY
101 HOFSTRA UNIVERSITYHEMPSTEADNY11549NONEEXEMPT ORGANIZATIONCHARITABLE$15,000
ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI
1 GUSTAVE L LEVY PLNEW YORKNY10029NONEEXEMPT ORGANIZATIONCHARITABLE$425,000
KRAVIS CENTER FOR THE PERFORMING ARTS
701 OKEECHOBEE BLVDWEST PALM BEACHFL33401NONEEXEMPT ORGANIZATIONCHARITABLE$25,000
LUZERNE MUSIC CENTER
203 LAKE TOUR RDLAKE LUZERNENY12846NONEEXEMPT ORGANIZATIONCHARITABLE$10,000
MOUNT SINAI HEALTH SYSTEM
555 W 57TH STNEW YORKNY10019NONEEXEMPT ORGANIZATIONCHARITABLE$450,000
NEW YORK PRESBYTERIAN
525 EAST 68TH STREETNEW YORKNY10065NONEEXEMPT ORGANIZATIONCHARITABLE$34,000
NORTON MUSEUM OF ART
1450 S DIXIE HIGHWAYWEST PALM BEACHFL33401NONEEXEMPT ORGANIZATIONCHARITABLE$13,250
PALM BEACH DRAMAWORKS
201 CLEMATIS STWEST PALM BEACHFL33401NONEEXEMPT ORGANIZATIONCHARITABLE$45,000
PALM BEACH OPERA
1800 S AUSTRALIAN AVE 301WEST PALM BEACHFL33409NONEEXEMPT ORGANIZATIONCHARITABLE$163,400
SAINT ANN'S SCHOOL
129 PIERREPONT STBROOKLYNNY11201NONEEXEMPT ORGANIZATIONCHARITABLE$7,000
THE NEW YORK EYE & EAR INFIRMARY OF MOUNT SINAI
310 E 14TH STNEW YORKNY10003NONEEXEMPT ORGANIZATIONCHARITABLE$50,000
TOWN OF PALM BEACH UNITED WAY
44 COCOANUT ROW SUITE M201PALM BEACHFL33480NONEEXEMPT ORGANIZATIONCHARITABLE$25,000
NEW YORK PHILHARMONIC
10 LINCOLN CENTER PLAZANEW YORKNY10023NONEEXEMPT ORGANIZATIONCHARITABLE$333,000
EXTRAORDINARY CHARITIES
2635 OLD OKEECHOBEE RDWEST PALM BEACHFL33409NONEEXEMPT ORGANIZATIONCHARITABLE$350
UNITED HOSPITAL FUND
1411 BROADWAYNEW YORKNY10018NONEEXEMPT ORGANIZATIONCHARITABLE$1,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$6,500,000TotalGrantOrContriPdDurYrAmt
Total Grant Or Contri Apprv Fut$0TotalGrantOrContriApprvFutAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$315,387ExclusionAmt

Other Investment Income OtherInvestmentIncomeGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$116,227ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion$158,709ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Unrelated Business Taxbl Incm$0UnrelatedBusinessTaxblIncmAmt
Exclusion$590,323ExclusionAmt
Related Or Exempt Function Incm$0RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$590,323TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EO0TrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EO0TrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of Assets0SalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EO0PurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth Assets0RentalOfFacilitiesOthAssetsInd
Reimbursement Arrangements0ReimbursementArrangementsInd
Loans Or Loan Guarantees0LoansOrLoanGuaranteesInd
Performance Of Services Etc0PerformanceOfServicesEtcInd
Sharing Of Facilities Etc0SharingOfFacilitiesEtcInd
Relationships Nonchrtbl EO0RelationshipsNonchrtblEOInd

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 Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1MARTIN SOSNOFFBusinessNameLine1Txt

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1260 VIA BELLARIAAddressLine1Txt
CityPALM BEACHCityNm
State AbbreviationFLStateAbbreviationCd
ZIP33480ZIPCd
FieldValueIRS element (for citing)
Total Contributions$1,588,597TotalContributionsAmt
Noncash ContributionYes (X)NoncashContributionInd

Non Cash Property Contribution NonCashPropertyContributionGrp

FieldValueIRS element (for citing)
Contributor1ContributorNum
Noncash Property2 PIECES OF ARTWORKNoncashPropertyDesc
Fair Market Value$1,588,597FairMarketValueAmt
Received2023-10-05ReceivedDt

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryACCOUNTING FEES (CBIZ TAX PREP FEES)CategoryTxt
Amt$8,130Amt
Net Investment Income$4,065NetInvestmentIncomeAmt
Disbursements Charitable Prps$4,065DisbursementsCharitablePrpsAmt

Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule

Investments Corporate Bonds InvestmentsCorporateBondsGrp (4 entries)

BondBondNmEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
200,000 SHRS METLIFE INC$224,650$195,049
200,000 SHRS TEVA PHARMACEUTICALS$202,790$200,000
750,000 SHRS MACY'S INC 4.5%$726,702$560,625
1,250,000 SHRS MURPHY OIL CORP$1,234,786$1,059,375

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (7 entries)

StockStockNmEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
1 SHRS XPERI$61$10
4,800 SHRS NEW YORK TIMES$58,650$225,552
3 SHRS TESSERA TECHNOLOGIES INC$124$28
1,000 SHRS APPLE$183,120$189,950
1,000 SHRS MICROSOFT$323,355$379,910
4,300 SHRS AMAZON$580,016$628,187
5,000 SHRS MACYS INC$73,850$79,300

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp

FieldValueIRS element (for citing)
Category Or Item15,000 SHRS ENTERPRISE PRODUCTS PARTNERSCategoryOrItemTxt
Listed At Cost Or FMVAT COSTListedAtCostOrFMVCd
Book Value$749,836BookValueAmt
EOYFMV$749,840EOYFMVAmt

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp

FieldValueIRS element (for citing)
CategoryLEGAL FEESCategoryTxt
Legal Fees$8,145LegalFeesAmt
Net Investment Income$4,073NetInvestmentIncomeAmt
Disbursements Charitable Prps$4,073DisbursementsCharitablePrpsAmt

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp (2 entries)

DescDescBOY Book ValueBOYBookValueAmtEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
ARTWORK - ISAMU NOGUCHI, MORTALITY$0$1,085,000$1,085,000
ARTWORK - PIERRE SOULAGES$0$503,597$503,597

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
BUSINESS SERVICES FEES$15$15$0
THRU ENTERPRISE PRODUCTS$87,691$87,691$0

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmtAdjusted Net IncomeAdjustedNetIncomeAmt
ORDINARY GAIN THRU PUBLICLY TRADED PARTNERSHIP$74,507$74,507$74,507
ENTERPRISE PRODUCTS PARTNERS$41,720$41,720$41,720

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail

FieldValueIRS element (for citing)
DescPTP ADJUSTMENTSDesc
Amt$2,709Amt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

CategoryCategoryTxtAmtAmtNet Investment IncomeNetInvestmentIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
FEDERAL TAXES$27,521$0$27,521
FOREIGN TAXES$470$0$470

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