EDUCATIONAL SUPPORT FOUNDATION INC: Form 990PF, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- EDUCATIONAL SUPPORT FOUNDATION INC (EIN 13-6159760)
- Tax period
- 2023-06-01 to 2024-05-31
- Filed
- 2025-04-08
- IRS object ID
- 202530989349100228
- 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
- Form 990-PF
- Depreciation Schedule
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Investments Land Schedule2
- Investments Other Schedule2
- Liquidation Explanation Stmt
- Legal Fees Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Liabilities Schedule
- Other Notes Loans Rcvbl Short Sch2
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-04-08T12:08:56-07:00 | ReturnTs |
| Tax Period End | 2024-05-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 113108982 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MAYER RISPLER & COCPAS PC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 18 HEYWARD ST | AddressLine1Txt |
| City | BROOKLYN | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 11249 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2023-06-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 136159760 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | EDUCATIONAL SUPPORT FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | EDUC | BusinessNameControlTxt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 661 Central Ave STE 201 | AddressLine1Txt |
| City | Cedarhurst | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 11516 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | WILLY BEER | PersonNm |
| Person Title | President | PersonTitleTxt |
| Signature | 2025-04-08 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
| 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 | JOSEPH SCHWARTZ CPA | PreparerPersonNm |
| PTIN | P00002491 | PTIN |
| Phone | 7188529200 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $19,191,259 | 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 |
| Dividends Rev And Expnss | $334,865 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $334,865 | DividendsNetInvstIncmAmt |
| Dividends Adj Net Incm | $334,865 | DividendsAdjNetIncmAmt |
| Gross Rents Rev And Expnss | $7,113 | GrossRentsRevAndExpnssAmt |
| Gross Rents Net Invst Incm | $7,113 | GrossRentsNetInvstIncmAmt |
| Gross Rents Adj Net Incm | $7,113 | GrossRentsAdjNetIncmAmt |
| Net Rental Income Or Loss | -$20,473 | NetRentalIncomeOrLossAmt |
| Cap Gain Net Incm Net Invst Incm | $287,921 | CapGainNetIncmNetInvstIncmAmt |
| Net ST Capital Gain Adj Net Incm | $16 | NetSTCapitalGainAdjNetIncmAmt |
| Other Income Rev And Expnss | -$49,901 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | -$49,901 | OtherIncomeNetInvstIncmAmt |
| Other Income Adj Net Incm | -$49,901 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | $292,077 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $579,998 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $292,093 | TotalAdjNetIncmAmt |
| Legal Fees Rev And Expnss | $41,748 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $41,748 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $41,748 | LegalFeesAdjNetIncmAmt |
| Other Prof Fees Rev And Expnss | $5,475 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $5,475 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Adj Net Incm | $5,475 | OtherProfFeesAdjNetIncmAmt |
| Taxes Rev And Expnss | $56,660 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $56,660 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $56,660 | TaxesAdjNetIncmAmt |
| Deprec And Dpltn Rev And Expnss | $145 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $145 | DeprecAndDpltnNetInvstIncmAmt |
| Deprec And Dpltn Adj Net Incm | $145 | DeprecAndDpltnAdjNetIncmAmt |
| Other Expenses Rev And Expnss | $27,591 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $27,591 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $27,591 | OtherExpensesAdjNetIncmAmt |
| Tot Opr Expenses Rev And Expnss | $131,619 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $131,619 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $131,619 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $1,990,881 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $1,990,881 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $2,122,500 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $131,619 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $131,619 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,990,881 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$1,830,423 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $448,379 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $160,474 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $227,818 | CashBOYAmt |
| Cash EOY | $569,562 | CashEOYAmt |
| Cash EOYFMV | $569,562 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $3,828,880 | SavAndTempCashInvstBOYAmt |
| Other Nts And Loans Rcvbl | $768,938 | OtherNtsAndLoansRcvblAmt |
| Other Nts And Loans Rcvbl BOY | $337,310 | OtherNtsAndLoansRcvblBOYAmt |
| Other Nts And Loans Rcvbl EOY | $768,938 | OtherNtsAndLoansRcvblEOYAmt |
| Other Nts And Loans Rcvbl EOYFMV | $768,938 | OtherNtsAndLoansRcvblEOYFMVAmt |
| US Government Obligations BOY | $14,773,866 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $3,609,515 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $3,609,515 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $3,261,434 | CorporateStockBOYAmt |
| Corporate Stock EOY | $928,325 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $928,325 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $2,817,810 | CorporateBondsBOYAmt |
| Invst Land Cost Or Other Basis | $3,988 | InvstLandCostOrOtherBasisAmt |
| Invst Land Accum Depreciation | $3,045 | InvstLandAccumDepreciationAmt |
| Land Bldg Investments BOY | $1,088 | LandBldgInvestmentsBOYAmt |
| Land Bldg Investments EOY | $943 | LandBldgInvestmentsEOYAmt |
| Land Bldg Investments EOYFMV | $943 | LandBldgInvestmentsEOYFMVAmt |
| Mortgage Loans BOY | $12,311,749 | MortgageLoansBOYAmt |
| Mortgage Loans EOY | $5,654,172 | MortgageLoansEOYAmt |
| Mortgage Loans EOYFMV | $5,654,172 | MortgageLoansEOYFMVAmt |
| Other Investments BOY | $2,860,311 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $7,659,804 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $7,659,804 | OtherInvestmentsEOYFMVAmt |
| Other Assets BOY | $1,088 | OtherAssetsBOYAmt |
| Total Assets BOY | $40,421,354 | TotalAssetsBOYAmt |
| Total Assets EOY | $19,191,259 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $19,191,259 | TotalAssetsEOYFMVAmt |
| Other Liabilities EOY | $854,701 | OtherLiabilitiesEOYAmt |
| Total Liabilities EOY | $854,701 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $40,421,354 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $18,336,558 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $40,421,354 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $18,336,558 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $40,421,354 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $19,191,259 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $40,421,354 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$1,830,423 | ExcessRevenueOverExpensesAmt |
| Subtotal | $38,590,931 | SubtotalAmt |
| Other Decreases | $20,254,373 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $18,336,558 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $287,921 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | $16 | NetShortTermCapitalGainLossAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $6,232 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $6,232 | SubtotalAmt |
| Tax Based On Investment Income | $6,232 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $20,000 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $20,000 | TotalPaymentsAndCreditsAmt |
| Overpayment | $13,768 | OverpaymentAmt |
| Applied To ES Tax | $13,768 | 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 | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (true) | Form990TFiledInd |
| Organization Dissolved Etc | Yes (true) | 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 | Yes (true) | 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 | Willy Beer | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 7187059300 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 661 Central Ave STE 201 | AddressLine1Txt |
| City | Cedarhurst | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 11516 | 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 | false | 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 | Yes (true) | BusinessHoldingsInd |
| Excess Business Holdings | false | ExcessBusinessHoldingsInd |
| 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 | Yes (true) | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Transactions Fail To Qlfy As Exc | false | TransactionsFailToQlfyAsExcInd |
| Maintained Expenditure Rspns | Yes (true) | MaintainedExpenditureRspnsInd |
| 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 |
|---|---|---|---|---|---|---|
| Sandra Schechter | ||||||
| 661 Central Avenue STE 201 | Cedarhurst | NY | 11516 | Treasurer | 1.00 | $0 |
| WILLY BEER | ||||||
| 661 Central Avenue STE 201 | Cedarhurst | NY | 11516 | President | 1.00 | $0 |
| RACHEL BEER | ||||||
| 661 Central Avenue STE 201 | Cedarhurst | NY | 11516 | Vice President | 1.00 | $0 |
| Elliot Beer | ||||||
| 661 Central Avenue DTE 201 | Cedarhurst | NY | 11516 | Secretary | 1.00 | $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 | $27,540,799 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $2,313,130 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $29,853,929 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Adjusted Total FMV Of Unused Ast | $29,853,929 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $447,809 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $29,406,120 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $1,470,306 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $1,470,306 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $6,232 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $6,232 | TotalTaxAmt |
| Distributable Before Adj | $1,464,074 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $1,464,074 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $1,464,074 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,990,881 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $1,990,881 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $1,464,074 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $1,589,020 | UndistributedIncomePYAmt |
| Qualifying Distributions | $1,990,881 | QualifyingDistributionsAmt |
| Applied To Year1 | $1,589,020 | AppliedToYear1Amt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $401,861 | AppliedToCurrentYearAmt |
| Undistributed Income CY | $1,062,213 | UndistributedIncomeCYAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | Available Upon Request | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 661 Central Ave STE 201 | AddressLine1Txt |
| City | Cedarhurst | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 11516 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Relationship | Non_Related | RecipientRelationshipTxt |
| Recipient Foundation Status | PC | RecipientFoundationStatusTxt |
| Grant Or Contribution Purpose | Educational | GrantOrContributionPurposeTxt |
| Amt | $1,990,881 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $1,990,881 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Program Service Revenue Dtl ProgramServiceRevenueDtl (3 entries)
| DescDesc | BusinessBusinessCd | Unrelated Business Taxbl IncmUnrelatedBusinessTaxblIncmAmt | ExclusionExclusionCd | Related Or Exempt Function IncmRelatedOrExemptFunctionIncmAmt |
|---|---|---|---|---|
| K-1 Ordinay Income (Loss) | 221000 | $8,345 | ||
| K-1 Rental Income (Loss) | 16 | $41,984 | ||
| Protective Life & Annuity | 900099 | $428 |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $334,865 | ExclusionAmt |
Net Rntl Incm Re Not Debt Fincd Prop NetRntlIncmReNotDebtFincdProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business | 531110 | BusinessCd |
| Unrelated Business Taxbl Incm | -$20,473 | UnrelatedBusinessTaxblIncmAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | -$28,390 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $334,865 | ExclusionAmt |
| Related Or Exempt Function Incm | -$41,984 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $264,491 | 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 |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | Coop Apts - 890 West End Ave | PropertyDesc |
| Acquired | 2000-05-01 | AcquiredDt |
| Cost Or Other Basis | $3,988 | CostOrOtherBasisAmt |
| Prior Year Depreciation | $2,900 | PriorYearDepreciationAmt |
| Computation Method | SL | ComputationMethodTxt |
| Rt | 0.0364 | Rt |
| Current Year Expense | $145 | CurrentYearExpenseAmt |
| Net Investment Income | $145 | NetInvestmentIncomeAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | Morgan Stocks | StockNm |
| EOY Book Value | $928,325 | EOYBookValueAmt |
| EOYFMV | $928,325 | EOYFMVAmt |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $3,609,515 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $3,609,515 | USGovtObligationsEOYFMVAmt |
Investments Land Schedule2 InvestmentsLandSchedule2
Investment Land InvestmentLandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | Buildings | CategoryOrItemTxt |
| Cost Or Other Basis | $3,988 | CostOrOtherBasisAmt |
| Accumulated Depreciation | $3,045 | AccumulatedDepreciationAmt |
| Book Value | $943 | BookValueAmt |
| EOYFMV | $943 | EOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (9 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| Morgan - Corporate Fixed Income | FMV | $319,869 | $319,869 |
| ETF's | FMV | $1,731,689 | $1,731,689 |
| Mutual Funds | FMV | $528,935 | $528,935 |
| Morgan - Alternative Investments | FMV | $1,002,346 | $1,002,346 |
| Charles Schwab | FMV | $1,010,202 | $1,010,202 |
| Life Insurance Annuities | FMV | $1,000,000 | $1,000,000 |
| Precious Metals | FMV | $139,659 | $139,659 |
| Other Investment | FMV | $1,000,000 | $1,000,000 |
| Partnership Interest | FMV | $927,104 | $927,104 |
Liquidation Explanation Stmt LiquidationExplanationStmt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | Foundation made an endowment grant of less than 50% of its assets to another foundation. Recepient foundation agreed to comply with Code section 4945(h) and the treasury regulation issued thereunder.The foundation is maitaining expenditure responsibility for the grant. | ExplanationTxt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp (2 entries)
| Legal FeesLegalFeesAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| $15,000 | $15,000 | $15,000 | $0 |
| $26,748 | $26,748 | $26,748 | $0 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Care Support Foundation Endowment | Desc |
| Amt | $20,254,373 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| BANK CHARGES | $5 | $5 | $5 |
| Rental Expenses | $27,586 | $27,586 | $27,586 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt |
|---|---|
| K-1 Ordinay Income (Loss) | -$8,345 |
| K-1 Rental Income (Loss) | -$41,984 |
| Protective Life & Annuity | $428 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY Book Value | $854,701 | EOYBookValueAmt |
Other Notes Loans Rcvbl Short Sch2 OtherNotesLoansRcvblShortSch2
Other Notes Loans Rcvbl Short OtherNotesLoansRcvblShortGrp (2 entries)
| Balance DueBalanceDueAmt |
|---|
| LHF |
| $138,938 |
| Charitable Loans |
| $630,000 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amt | $5,475 | Amt |
| Net Investment Income | $5,475 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $5,475 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| Federal Tax | $55,910 | $55,910 | $55,910 |
| NYS Char 500 | $750 | $750 | $750 |
Comments