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THE SAMUEL LYON CHARITABLE FOUNDATION INC: Form 990PF, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
THE SAMUEL LYON CHARITABLE FOUNDATION INC (EIN 31-6651291)
Tax period
2023-01-01 to 2023-12-31
Filed
2024-05-15
IRS object ID
202441369349100029
Schema version
2023v5.0
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)
Return2024-05-15T07:40:07-04:00ReturnTs
Tax Period End2023-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN610713437PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1BOWDEN & WOOD PLLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1304 MIDDLETOWN PARK PLACEAddressLine1Txt
CityLOUISVILLECityNm
State AbbreviationKYStateAbbreviationCd
ZIP402432555ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2023-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN316651291EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE SAMUEL LYON CHARITABLEBusinessNameLine1Txt
Business Name Line2FOUNDATION INCBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlSAMUBusinessNameControlTxt
Phone5025871283PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1712 BRAEVIEW ROADAddressLine1Txt
CityLOUISVILLECityNm
State AbbreviationKYStateAbbreviationCd
ZIP40206ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonSHELDON M YOFFEPersonNm
Person TitleTRUSTEEPersonTitleTxt
Signature2024-05-13SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstSHELDONPersonFirstNm
Person LastYOFFEPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJESSICA ENGLERPreparerPersonNm
PTINP02037021PTIN
Phone5025830262PhoneNum
Preparation2024-05-13PreparationDt
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$1,429,831FMVAssetsEOYAmt
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$20InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$20InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$34,382DividendsRevAndExpnssAmt
Dividends Net Invst Incm$34,382DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$74,316NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$90,050GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$21,343CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$108,718TotalRevAndExpnssAmt
Total Net Invst Incm$55,745TotalNetInvstIncmAmt
Taxes Rev And Expnss$962TaxesRevAndExpnssAmt
Other Expenses Rev And Expnss$1,034OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$517OtherExpensesNetInvstIncmAmt
Other Expenses Dsbrs Chrtbl$517OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$1,996TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$517TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$517TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$80,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$80,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$81,996TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$517TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$80,517TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$26,722ExcessRevenueOverExpensesAmt
Net Investment Income$55,228NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$5,383CashBOYAmt
Cash EOY$4,734CashEOYAmt
Cash EOYFMV$4,734CashEOYFMVAmt
Other Investments BOY$933,668OtherInvestmentsBOYAmt
Other Investments EOY$961,039OtherInvestmentsEOYAmt
Other Investments EOYFMV$1,425,097OtherInvestmentsEOYFMVAmt
Total Assets BOY$939,051TotalAssetsBOYAmt
Total Assets EOY$965,773TotalAssetsEOYAmt
Total Assets EOYFMV$1,429,831TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Retained Earning BOY$939,051RetainedEarningBOYAmt
Retained Earning EOY$965,773RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$939,051TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$965,773TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$939,051TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$965,773TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$939,051TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$26,722ExcessRevenueOverExpensesAmt
Subtotal$965,773SubtotalAmt
Tot Net Ast Or Fund Balances EOY$965,773TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

FieldValueIRS element (for citing)
Capital Gain Net Income$21,343CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$768InvestmentIncomeExciseTaxAmt
Subtotal$768SubtotalAmt
Tax Based On Investment Income$768TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$720EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits$720TotalPaymentsAndCreditsAmt
Tax Due$48TaxDueAmt

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 StateKYOrgReportOrRegisterStateCd
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 Line1SHELDON M YOFFEBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone5025871283PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1712 BRAEVIEW ROADAddressLine1Txt
CityLOUISVILLECityNm
State AbbreviationKYStateAbbreviationCd
ZIP40206ZIPCd
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
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 (3 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
SHELDON M YOFFE
712 BRAEVIEW ROADLOUISVILLEKY40206TRUSTEE0.50$0$0$0
ELAINE Y WEINBERG
6727 ELMCROFT CIRCLELOUISVILLEKY40241TRUSTEE000.00$0$0$0
MARLENE Y SCHAFFER
63 HARWOOD ROADLOUISVILLEKY40222TRUSTEE000.00$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Description1N/ADescription1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$1,387,802AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$16,477AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$1,404,279TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$1,404,279AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$21,064CashDeemedCharitableAmt
Net Vl Noncharitable Assets$1,383,215NetVlNoncharitableAssetsAmt
Minimum Investment Return$69,161MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$69,161MinimumInvestmentReturnAmt
Tax Based On Investment Income$768TaxBasedOnInvestmentIncomeAmt
Total Tax$768TotalTaxAmt
Distributable Before Adj$68,393DistributableBeforeAdjAmt
Distributable Before Ded$68,393DistributableBeforeDedAmt
Distributable As Adjusted$68,393DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$80,517ExpensesAndContributionsAmt
Qualifying Distributions$80,517QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$68,393DistributableAsAdjustedAmt
Undistributed Income PY$6,775UndistributedIncomePYAmt
Qualifying Distributions$80,517QualifyingDistributionsAmt
Applied To Year1$6,775AppliedToYear1Amt
Applied To Current Year$68,393AppliedToCurrentYearAmt
Remaining Distri From Corpus$5,349RemainingDistriFromCorpusAmt
Total Corpus$5,349TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$5,349ExcessDistriCyovToNextYrAmt
Excess From Current Year$5,349ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (21 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmtBusiness Name Line2RecipientBusinessName/BusinessNameLine2Txt
BROOKLYN JEWISH CENTER CIRCLE
667 EASTERN PARKWAYBROOKLYNNY11213NONEPCSUPPORT$500
AMERICAN CANCER SOCIETY-KY
PO BOX 2167LEXINGTONKY40588NONEPCSUPPORT$1,000
AMERICAN HEART ASSOCIATION
240 WHITTINGTON PARKWAYLOUISVILLEKY40222NONEPCSUPPORT$1,000
HADASSAH
PO BOX 1100NEW YORKNY102681100NONEPCSUPPORT$1,000
HOSPARUS
6200 DUTCHMANS LANELOUISVILLEKY40205NONEPCSUPPORT$1,000
KENTUCKY HUMANE SOCIETY
1000 LYNDON LANE SUITE BLOUISVILLEKY40222NONEPCSUPPORT$1,000
KIDS CENTER FOR PEDIATRIC THERAPIES
PO BOX 17630LOUISVILLEKY40217NONEPCSUPPORT$1,000
LOUISVILLE FREE PUBLIC LIBRARY
301 YORK STREETLOUISVILLEKY40203NONEPCSUPPORT$1,000
LOUISVILLE OLMSTEAD PARKS CONSERVAN
1299 TREVILIAN WAYLOUISVILLEKY40213NONEPCSUPPORT$1,000
MULTIPLE SCLEROSIS SOCIETY
214 OVERLOOK CIR STE 153BRENTWOODTN37027NONEPCSUPPORT$1,000INKY & TN CHAPTER
NATIONAL COUNCIL OF JEWISH WOMEN
1250 BARDSTOWN RD STE 26LOUISVILLEKY40204NONEPCSUPPORT$1,000
WHAS CRUSADE FOR CHILDREN
520 W CHESTNUT STREETLOUISVILLEKY40202NONEPCSUPPORT$1,000
HARBOR HOUSE OF LOUISVILLE
PO BOX 58219LOUISVILLEKY40268NONEPCSUPPORT$1,000
VISUALLY IMPAIRED PRESCHOOL SERVICE
1906 GOLDSMITH LANELOUISVILLEKY40218NONEPCSUPPORT$1,000
HOME OF THE INNOCENTS
1100 EAST MARKET STREETLOUISVILLEKY40206NONEPCSUPPORT$5,000
MEREDITH-DUNN LEARNING CENTER INC
3023 MELBOURNE AVELOUISVILLEKY40220NONEPCSUPPORT$5,000
NORTHWESTERN ANNUAL FUND
2020 RIDGE AVENUE 4TH FLEVANSTONIL60208NONEPCSUPPORT$5,000
JEWISH FAMILY & CAREER SERVICES
2821 KLEMPNER WAYLOUISVILLEKY40205NONEPCSUPPORT$6,000
KENESETH ISRAEL CONGREGATION
2531 TAYLORSVILLE ROADLOUISVILLEKY40205NONEPCSUPPORT$10,000
THE TEMPLE
5101 US HIGHWAY 42LOUISVILLEKY40241NONEPCSUPPORT$13,000
ISRAEL EMERGENCY FUND
3600 DUTCHMANS LANELOUISVILLEKY40205NONEPCSUPPORT$22,500JEWISH FEDERATION OF LOUISVILLE
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$80,000TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$20ExclusionAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$34,382ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$74,316ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$108,718ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$108,718TotalIncomeProducingActyAmt

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

Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch

Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp (7 entries)

AssetAssetDescHow AcquiredHowAcquiredTxtSoldSoldDtGross Sales PriceGrossSalesPriceAmtBasisBasisAmtTotal NetTotalNetAmt
206 SHARES T ROWE PRICE GROWTH STOCKPURCHASE2023-11$17,920$5,501$12,419
271 CARRIER GOBAL CORPORATION COMPURCHASE2023-11$14,044$3,246$10,798
CARRIER GOBAL CORPORATION COMPANYPURCHASE2023-11$14$14
29 SHARES KYNDRYL HLDGS INC COMMON SPURCHASE2023-11$508$643-$135
29 SHARES MCDONALD S CORP SOLICITEDPURCHASE2023-11$8,110$1,702$6,408
53 SHARES MICROSOFT CORP SOLICITED OPURCHASE2023-11$20,016$1,553$18,463
52 SHARES WALMART INC.COMPURCHASE2023-11$8,095$3,089$5,006

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp

FieldValueIRS element (for citing)
Category Or ItemPNC ADVISORS PORTFOLIO OF SECURITIESCategoryOrItemTxt
Listed At Cost Or FMVAT COSTListedAtCostOrFMVCd
Book Value$961,039BookValueAmt
EOYFMV$1,425,097EOYFMVAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
EXPENSES
BANK FEES$59$30$29
PROFESSIONAL FEES$975$487$488

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryFEDERAL EXCISE TAXCategoryTxt
Amt$962Amt

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