BWETA FAMILY FOUNDATION: Form 990PF, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
BWETA FAMILY FOUNDATION (EIN 13-4020892)
Tax period
2023-01-01 to 2023-12-31
Filed
2024-06-03
IRS object ID
202441559349100804
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)
Return2024-06-03T06:01:04-07:00ReturnTs
Tax Period End2023-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN133358774PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Bernath & Rosenberg PCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1126 Spruce StreetAddressLine1Txt
CityCedarhurstCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11516ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2023-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN134020892EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1BWETA FAMILY FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlBWETBusinessNameControlTxt
Phone2122211140PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1C/O J EZRA 131 MERCER ST PHBAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10012ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJAMIL EZRAPersonNm
Person TitleTrusteePersonTitleTxt
Signature2024-06-03SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstJAMILPersonFirstNm
Person LastEZRAPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonBenjamin BergerPreparerPersonNm
PTINP00236799PTIN
Phone2122211140PhoneNum

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)
Tax2023TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$1,126,027FMVAssetsEOYAmt
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$41InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$41InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$11,603DividendsRevAndExpnssAmt
Dividends Net Invst Incm$11,603DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$20,023NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$69,523GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$20,023CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$31,667TotalRevAndExpnssAmt
Total Net Invst Incm$31,667TotalNetInvstIncmAmt
Taxes Rev And Expnss$885TaxesRevAndExpnssAmt
Taxes Net Invst Incm$885TaxesNetInvstIncmAmt
Other Expenses Rev And Expnss$6,500OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$6,500OtherExpensesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss$7,385TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$7,385TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$55,800ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$55,800ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$63,185TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$7,385TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$55,800TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$31,518ExcessRevenueOverExpensesAmt
Net Investment Income$24,282NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$43,772CashBOYAmt
Cash EOY$9,759CashEOYAmt
Cash EOYFMV$9,759CashEOYFMVAmt
Sav And Temp Cash Invst BOY$1,352SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$6,122SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$6,122SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY$352,306CorporateStockBOYAmt
Corporate Stock EOY$307,047CorporateStockEOYAmt
Corporate Stock EOYFMV$918,430CorporateStockEOYFMVAmt
Other Assets BOY$147,941OtherAssetsBOYAmt
Other Assets EOY$191,716OtherAssetsEOYAmt
Other Assets EOYFMV$191,716OtherAssetsEOYFMVAmt
Total Assets BOY$545,371TotalAssetsBOYAmt
Total Assets EOY$514,644TotalAssetsEOYAmt
Total Assets EOYFMV$1,126,027TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Retained Earning BOY$545,371RetainedEarningBOYAmt
Retained Earning EOY$514,644RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$545,371TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$514,644TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$545,371TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$514,644TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$545,371TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$31,518ExcessRevenueOverExpensesAmt
Other Increases$791OtherIncreasesAmt
Subtotal$514,644SubtotalAmt
Tot Net Ast Or Fund Balances EOY$514,644TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)

PropertyPropertyDescHow AcquiredHowAcquiredCdAcquiredAcquiredDtSoldSoldDtGross Sales PriceGrossSalesPriceAmtCost Or Other BasisCostOrOtherBasisAmtGain Or LossGainOrLossAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
LPL FINANCIALP2023-01-012023-12-31$46,895$46,772$123$123
LPL FINANCIALP2022-01-012023-12-31$22,628$2,728$19,900$19,900
FieldValueIRS element (for citing)
Capital Gain Net Income$20,023CapitalGainNetIncomeAmt
Net Short Term Capital Gain Loss$123NetShortTermCapitalGainLossAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$338InvestmentIncomeExciseTaxAmt
Subtotal$338SubtotalAmt
Tax Based On Investment Income$338TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$420EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits$420TotalPaymentsAndCreditsAmt
Overpayment$82OverpaymentAmt
Applied To ES Tax$82AppliedToESTaxAmt

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 SatisfiedYes (true)Section508eRqrSatisfiedInd
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 Line1BERNATH & ROSENBERG PCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone2122211140PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1126 SPRUCE STREETAddressLine1Txt
CityCEDARHURSTCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11516ZIPCd
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
JAMIL EZRA
131 MERCER ST PHBNEW YORKNY10012Trustee0.00$0
BENJAMIN JOSEPH EZRA
131 MERCER ST PHBNEW YORKNY10012Trustee0.00$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$7,028AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$861,155AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$191,716FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$1,059,899TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$1,059,899AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$15,898CashDeemedCharitableAmt
Net Vl Noncharitable Assets$1,044,001NetVlNoncharitableAssetsAmt
Minimum Investment Return$52,200MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$52,200MinimumInvestmentReturnAmt
Tax Based On Investment Income$338TaxBasedOnInvestmentIncomeAmt
Total Tax$338TotalTaxAmt
Distributable Before Adj$51,862DistributableBeforeAdjAmt
Distributable Before Ded$51,862DistributableBeforeDedAmt
Distributable As Adjusted$51,862DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$55,800ExpensesAndContributionsAmt
Qualifying Distributions$55,800QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$51,862DistributableAsAdjustedAmt
Excess Distribution Cyov Yr4$9,230ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr2$22,886ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$18,116ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$50,232TotalExcessDistributionCyovAmt
Qualifying Distributions$55,800QualifyingDistributionsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$51,862AppliedToCurrentYearAmt
Remaining Distri From Corpus$3,938RemainingDistriFromCorpusAmt
Total Corpus$54,170TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$54,170ExcessDistriCyovToNextYrAmt
Excess From Year4$9,230ExcessFromYear4Amt
Excess From Year2$22,886ExcessFromYear2Amt
Excess From Year1$18,116ExcessFromYear1Amt
Excess From Current Year$3,938ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (5 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
AMERICAN FRIENDS OF BABYLONIAN HERI
1700 YORK AVENUENEW YORKNY10128NONEEXEMPTCHARITABLE$10,000
AMERICAN SEPHARDI FEDERATIONS
15 WEST 16TH STREETNEW YORKNY10011NONEEXEMPTCHARITABLE$30,000
RHINEBECK JEWISH CENTER
102 MONTGOMERY STRHINEBECKNY12572NONEEXEMPTCHARITABLE$2,600
chabad of north brooklyn
132 N 5th StbrooklynNY11211NONEexemptcharitable$10,600
CHABAD OF SOUTH BRONX
452 E 145th StBRONXNY10454NONEEXEMPTCHARITABLE$2,600
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$55,800TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$41ExclusionAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$11,603ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion$20,023ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$31,667ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$31,667TotalIncomeProducingActyAmt

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

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp (2 entries)

DescDescBOY Book ValueBOYBookValueAmtEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
BRIDGE MULTIFAMILY$109,987$153,762$153,762
DUE FROM CHASE$37,954$37,954$37,954

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmt
BANK CHARGES$537$537
INVESTMENT & ADVISORY FEES$5,963$5,963

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail (2 entries)

DescDescAmtAmt
BOOK TO TAX$303
NON-DIVIDEND DISTRIBUTIONS$488

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
Categoryforeign taxCategoryTxt
Amt$885Amt
Net Investment Income$885NetInvestmentIncomeAmt

Comments

Anonymous: no account or email. Up to 2,000 characters, at most one link. Comments are checked automatically; some wait for review.