MONTROSE FOUNDATION: Form 990PF, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
MONTROSE FOUNDATION (EIN 46-1602212)
Tax period
2023-12-01 to 2024-11-30
Filed
2025-04-15
IRS object ID
202511059349101241
Schema version
2023v6.0
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)
Return2025-04-15T19:49:14-07:00ReturnTs
Tax Period End2024-11-30TaxPeriodEndDt

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 Begin2023-12-01TaxPeriodBeginDt

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
Signature2025-04-15SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd
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
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$1,070,289FMVAssetsEOYAmt
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$113InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$113InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$26,366DividendsRevAndExpnssAmt
Dividends Net Invst Incm$26,366DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$14,255NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$119,342GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$14,255CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$40,734TotalRevAndExpnssAmt
Total Net Invst Incm$40,734TotalNetInvstIncmAmt
Other Expenses Rev And Expnss$6,691OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$6,691OtherExpensesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss$6,691TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$6,691TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$102,959ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$102,959ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$109,650TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$6,691TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$102,959TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$68,916ExcessRevenueOverExpensesAmt
Net Investment Income$34,043NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$24,354SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$28,231SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$28,231SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY$946,742CorporateStockBOYAmt
Corporate Stock EOY$873,884CorporateStockEOYAmt
Corporate Stock EOYFMV$1,042,058CorporateStockEOYFMVAmt
Total Assets BOY$971,096TotalAssetsBOYAmt
Total Assets EOY$902,115TotalAssetsEOYAmt
Total Assets EOYFMV$1,070,289TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Retained Earning BOY$971,096RetainedEarningBOYAmt
Retained Earning EOY$902,115RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$971,096TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$902,115TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$971,096TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$902,115TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$971,096TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$68,916ExcessRevenueOverExpensesAmt
Subtotal$902,180SubtotalAmt
Other Decreases$65OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY$902,115TotNetAstOrFundBalancesEOYAmt

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
LPLP2021-01-012024-11-30$6,006$6,006$6,006
LPLP2021-01-012024-11-30$113,336$8,249$8,249$105,087
FieldValueIRS element (for citing)
Capital Gain Net Income$14,255CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$473InvestmentIncomeExciseTaxAmt
Subtotal$473SubtotalAmt
Tax Based On Investment Income$473TaxBasedOnInvestmentIncomeAmt
Tax Due$473TaxDueAmt
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$988,586AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$29,235AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$1,017,821TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$1,017,821AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$15,267CashDeemedCharitableAmt
Net Vl Noncharitable Assets$1,002,554NetVlNoncharitableAssetsAmt
Minimum Investment Return$50,128MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$50,128MinimumInvestmentReturnAmt
Tax Based On Investment Income$473TaxBasedOnInvestmentIncomeAmt
Total Tax$473TotalTaxAmt
Distributable Before Adj$49,655DistributableBeforeAdjAmt
Distributable Before Ded$49,655DistributableBeforeDedAmt
Distributable As Adjusted$49,655DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$102,959ExpensesAndContributionsAmt
Qualifying Distributions$102,959QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$49,655DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$233,732ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$295,727ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$321,292ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$244,128ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$99,921ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$1,194,800TotalExcessDistributionCyovAmt
Qualifying Distributions$102,959QualifyingDistributionsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$49,655AppliedToCurrentYearAmt
Remaining Distri From Corpus$53,304RemainingDistriFromCorpusAmt
Total Corpus$1,248,104TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$233,732ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$1,014,372ExcessDistriCyovToNextYrAmt
Excess From Year4$295,727ExcessFromYear4Amt
Excess From Year3$321,292ExcessFromYear3Amt
Excess From Year2$244,128ExcessFromYear2Amt
Excess From Year1$99,921ExcessFromYear1Amt
Excess From Current Year$53,304ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp

FieldValueIRS element (for citing)
Recipient PersonTHE DONORS FUNDSRecipientPersonNm

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line1328 3RD STREETAddressLine1Txt
CityLAKEWOODCityNm
State AbbreviationNJStateAbbreviationCd
ZIP08701ZIPCd
FieldValueIRS element (for citing)
Recipient Foundation StatusPCRecipientFoundationStatusTxt
Grant Or Contribution PurposeTO FURTHER JEWISH STUDIES AND CHARITABLE CAUSESGrantOrContributionPurposeTxt
Amt$102,959Amt
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$102,959TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$113ExclusionAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$26,366ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion$14,255ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$40,734ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$40,734TotalIncomeProducingActyAmt

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

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (12 entries)

StockStockNmEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
LVHD$99,836$115,771
VYM$103,932$160,383
EITVX$67,219$94,653
EPLCX$61,153$85,037
ACGYX$69,325$56,094
GHQYX$66,974$57,000
PCBIX$62,254$85,381
TFGYX$77,106$65,913
FAB$37,398$44,669
LGLIX$70,972$107,633
SPMD$43,994$54,840
MGOIX$113,721$114,684

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail

FieldValueIRS element (for citing)
DescTAXESDesc
Amt$65Amt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmt
BANK CHARGES$6,291$6,291
LICENSE & FEES$400$400

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