MONTROSE FOUNDATION: Form 990PF, tax year 2022

View the entire original 990 at ProPublica ↗

Organization
MONTROSE FOUNDATION (EIN 46-1602212)
Tax period
2022-12-01 to 2023-11-30
Filed
2024-04-10
IRS object ID
202421019349100527
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)
Return2024-04-10T11:57:34-07:00ReturnTs
Tax Period End2023-11-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Samuel Reinhold CPABusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11764 49th StAddressLine1Txt
CityBrooklynCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11204ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2022-12-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN461602212EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1MONTROSE FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlMONTBusinessNameControlTxt
Phone2014472525PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line110 JUDITH LANEAddressLine1Txt
CityMONSEYCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10952ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonCHARLES ROSENBERGPersonNm
Person TitleTrusteePersonTitleTxt
Signature2024-04-10SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstCHARLESPersonFirstNm
Person LastROSENBERGPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonHENRY REINHOLDPreparerPersonNm
PTINP01391884PTIN
Phone7186502030PhoneNum
Self EmployedYes (X)SelfEmployedInd

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer2TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
Federated Assurance LevelFAL1FederatedAssuranceLevelCd
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$959,468FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$50,000ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss$103InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$103InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm$103InterestOnSavingsAdjNetIncmAmt
Dividends Rev And Expnss$35,145DividendsRevAndExpnssAmt
Dividends Net Invst Incm$35,145DividendsNetInvstIncmAmt
Dividends Adj Net Incm$35,145DividendsAdjNetIncmAmt
Net Gain Sale Ast Rev And Expnss-$1,492NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$210,014GrossSalesPriceAmt
Total Rev And Expnss$83,756TotalRevAndExpnssAmt
Total Net Invst Incm$35,248TotalNetInvstIncmAmt
Total Adj Net Incm$35,248TotalAdjNetIncmAmt
Accounting Fees Rev And Expnss$3,500AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$3,500AccountingFeesNetInvstIncmAmt
Other Expenses Rev And Expnss$6,776OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$6,776OtherExpensesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss$10,276TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$10,276TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$149,800ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$149,800ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$160,076TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$10,276TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$149,800TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$76,320ExcessRevenueOverExpensesAmt
Net Investment Income$24,972NetInvestmentIncomeAmt
Adjusted Net Income$35,248AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$35,902SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$24,354SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$24,354SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY$1,011,514CorporateStockBOYAmt
Corporate Stock EOY$946,742CorporateStockEOYAmt
Corporate Stock EOYFMV$935,114CorporateStockEOYFMVAmt
Total Assets BOY$1,047,416TotalAssetsBOYAmt
Total Assets EOY$971,096TotalAssetsEOYAmt
Total Assets EOYFMV$959,468TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Retained Earning BOY$1,047,416RetainedEarningBOYAmt
Retained Earning EOY$971,096RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$1,047,416TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$971,096TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$1,047,416TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$971,096TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$1,047,416TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$76,320ExcessRevenueOverExpensesAmt
Subtotal$971,096SubtotalAmt
Tot Net Ast Or Fund Balances EOY$971,096TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)

PropertyPropertyDescHow AcquiredHowAcquiredCdAcquiredAcquiredDtSoldSoldDtGross Sales PriceGrossSalesPriceAmtGain Or LossGainOrLossAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmtCost Or Other BasisCostOrOtherBasisAmt
LPLP2020-01-012023-11-30$4,884$4,884$4,884
LPLP2020-01-012023-11-30$205,130-$6,376-$6,376$211,506
FieldValueIRS element (for citing)
Capital Gain Net Income-$1,492CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$347InvestmentIncomeExciseTaxAmt
Subtotal$347SubtotalAmt
Tax Based On Investment Income$347TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$282EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits$282TotalPaymentsAndCreditsAmt
Tax Due$65TaxDueAmt
Applied To ES Tax$0AppliedToESTaxAmt

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 SatisfiedfalseSection508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateNYOrgReportOrRegisterStateCd
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

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1MALKA A ROSENBERGBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone2014472525PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line139 LYNCREST DRIVEAddressLine1Txt
CityMONSEYCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10952ZIPCd
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
Acts Fail To Qlfy As ExceptionsfalseActsFailToQlfyAsExceptionsInd
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
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 (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmt
MALKA A ROSENBERG
7963 LOVE LANEBOCA RATONFL33433Trustee0.00$0
CHARLES ROSENBERG
10 JUDITH LANEMONSEYNY10952Trustee0.00$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$972,839AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$46,969AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$1,019,808TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$1,019,808AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$15,297CashDeemedCharitableAmt
Net Vl Noncharitable Assets$1,004,511NetVlNoncharitableAssetsAmt
Minimum Investment Return$50,226MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$50,226MinimumInvestmentReturnAmt
Tax Based On Investment Income$347TaxBasedOnInvestmentIncomeAmt
Total Tax$347TotalTaxAmt
Distributable Before Adj$49,879DistributableBeforeAdjAmt
Distributable Before Ded$49,879DistributableBeforeDedAmt
Distributable As Adjusted$49,879DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$149,800ExpensesAndContributionsAmt
Qualifying Distributions$149,800QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$49,879DistributableAsAdjustedAmt
Excess Distribution Cyov Yr4$233,732ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$295,727ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$321,292ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$244,128ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$1,094,879TotalExcessDistributionCyovAmt
Qualifying Distributions$149,800QualifyingDistributionsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$49,879AppliedToCurrentYearAmt
Remaining Distri From Corpus$99,921RemainingDistriFromCorpusAmt
Total Corpus$1,194,800TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$1,194,800ExcessDistriCyovToNextYrAmt
Excess From Year4$233,732ExcessFromYear4Amt
Excess From Year3$295,727ExcessFromYear3Amt
Excess From Year2$321,292ExcessFromYear2Amt
Excess From Year1$244,128ExcessFromYear1Amt
Excess From Current Year$99,921ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (4 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
CONG NETZACH YISROEL
49 FORSHAY ROADMONSEYNY10952TO FURTHER JEWISH STUDIES AND CHARITABLE CAUSES$2,800
THE DONORS FUNDS
328 3RD STREETLAKEWOODNJ08701TO FURTHER JEWISH STUDIES AND CHARITABLE CAUSES$146,000
BOCA RATON MIKVA
39 LYNCREST DRIVEMONSEYNY10952TO FURTHER JEWISH STUDIES AND CHARITABLE CAUSES$500
BIKUR CHOLIM OF ROCKLAND COUNTY
39 LYNCREST DRIVEMONSEYNY10952TO FURTHER JEWISH STUDIES AND CHARITABLE CAUSES$500
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$149,800TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$103ExclusionAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$35,145ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm-$1,492RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$35,248ExclusionAmt
Related Or Exempt Function Incm-$1,492RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$33,756TotalIncomeProducingActyAmt

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 PersonMALKA A ROSENBERGContributorPersonNm

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line17963 LOVE LANEAddressLine1Txt
CityBOCA RATONCityNm
State AbbreviationFLStateAbbreviationCd
ZIP33433ZIPCd
FieldValueIRS element (for citing)
Total Contributions$50,000TotalContributionsAmt
Person ContributionYes (X)PersonContributionInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
Amt$3,500Amt
Net Investment Income$3,500NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$0DisbursementsCharitablePrpsAmt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (14 entries)

StockStockNmEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
LVHD$95,752$94,437
VYM$99,692$123,220
EITVX$64,617$72,468
EPLCX$64,039$72,021
SPYFX
LSFYX
ACGYX$66,427$51,775
GHQYX$64,891$53,444
PCBIX$71,214$73,447
TFGYX$74,000$58,266
FAB$65,220$62,533
LGLIX$91,438$90,923
SPMD$80,670$76,482
MGOIX$108,782$106,098

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmt
BANK CHARGES$6,026$6,026
LICENSE & FEES$750$750

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