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THE ALBERT AND LIN BILDNER FOUNDATION INC: Form 990PF, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
THE ALBERT AND LIN BILDNER FOUNDATION INC (EIN 65-0633272)
Tax period
2023-01-01 to 2023-12-31
Filed
2024-08-15
IRS object ID
202402289349100310
Schema version
2023v5.1
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)
Return2024-08-15T11:16:44-04:00ReturnTs
Tax Period End2023-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1DOWNTOWN BUSINESS SERVICESBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line17002 STONEHEDGE DRIVEAddressLine1Txt
CityORLANDOCityNm
State AbbreviationFLStateAbbreviationCd
ZIP32819ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2023-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN650633272EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE ALBERT AND LIN BILDNER FOUNDATION INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlALBEBusinessNameControlTxt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1880 FIFTH AVENUE STE 10DAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10021ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonERLINDA ILUSORIO-BILDNERPersonNm
Person TitleTRUSTEEPersonTitleTxt
Phone2125709643PhoneNum
Signature2024-04-05SignatureDt
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 PersonDAVID PORTLOCKPreparerPersonNm
PTINP00923132PTIN
Phone8134007241PhoneNum
Preparation2024-08-15PreparationDt
Self EmployedYes (X)SelfEmployedInd
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2024-08-08 14:25:15ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$1,149,735FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Dividends Rev And Expnss$40,980DividendsRevAndExpnssAmt
Net Gain Sale Ast Rev And Expnss$5,610NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$47,895GrossSalesPriceAmt
Total Rev And Expnss$46,590TotalRevAndExpnssAmt
Total Net Invst Incm$0TotalNetInvstIncmAmt
Accounting Fees Rev And Expnss$6,200AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$6,200AccountingFeesNetInvstIncmAmt
Accounting Fees Adj Net Incm$6,200AccountingFeesAdjNetIncmAmt
Accounting Fees Chrtbl Prps$6,200AccountingFeesChrtblPrpsAmt
Trav Conf Meeting Rev And Expnss$3,306TravConfMeetingRevAndExpnssAmt
Trav Conf Meeting Net Invst Incm$3,306TravConfMeetingNetInvstIncmAmt
Trav Conf Meeting Adj Net Incm$3,306TravConfMeetingAdjNetIncmAmt
Trav Conf Meeting Dsbrs Chrtbl$3,306TravConfMeetingDsbrsChrtblAmt
Other Expenses Rev And Expnss$5,583OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$5,583OtherExpensesNetInvstIncmAmt
Other Expenses Adj Net Incm$5,583OtherExpensesAdjNetIncmAmt
Other Expenses Dsbrs Chrtbl$5,583OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$15,089TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$15,089TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Adj Net Incm$15,089TotOprExpensesAdjNetIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$15,089TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$36,449ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$36,449ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$51,538TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$15,089TotalExpensesNetInvstIncmAmt
Total Expenses Adj Net Incm$15,089TotalExpensesAdjNetIncmAmt
Total Expenses Dsbrs Chrtbl$51,538TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$4,948ExcessRevenueOverExpensesAmt
Net Investment Income$0NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$6,414CashBOYAmt
Sav And Temp Cash Invst BOY$14,964SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$53,288SavAndTempCashInvstEOYAmt
Corporate Stock BOY$711,377CorporateStockBOYAmt
Corporate Stock EOY$683,674CorporateStockEOYAmt
Corporate Stock EOYFMV$1,141,700CorporateStockEOYFMVAmt
Corporate Bonds BOY$27,500CorporateBondsBOYAmt
Corporate Bonds EOY$27,500CorporateBondsEOYAmt
Corporate Bonds EOYFMV$8,035CorporateBondsEOYFMVAmt
Other Investments BOY$30,168OtherInvestmentsBOYAmt
Other Investments EOY$21,013OtherInvestmentsEOYAmt
Total Assets BOY$790,423TotalAssetsBOYAmt
Total Assets EOY$785,475TotalAssetsEOYAmt
Total Assets EOYFMV$1,149,735TotalAssetsEOYFMVAmt
Total Liabilities BOY$0TotalLiabilitiesBOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY$790,423NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY$785,475NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY$790,423TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$785,475TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$790,423TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$785,475TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$790,423TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$4,948ExcessRevenueOverExpensesAmt
Subtotal$785,475SubtotalAmt
Tot Net Ast Or Fund Balances EOY$785,475TotNetAstOrFundBalancesEOYAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$0InvestmentIncomeExciseTaxAmt
Tax Under Section511$0TaxUnderSection511Amt
Subtitle A Tax$0SubtitleATaxAmt
Tax Based On Investment Income$0TaxBasedOnInvestmentIncomeAmt

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
Form990 PF Filed With Atty GenfalseForm990PFFiledWithAttyGenInd
Private Operating FoundationYes (true)PrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Individual With BooksERLINDA ILUSORIO-BILDNERIndividualWithBooksNm
Phone2125709643PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line160 COBB ROADAddressLine1Txt
CityWATER MILLCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11976ZIPCd
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
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

FieldValueIRS element (for citing)
PersonERLINDA ILUSORIO-BILDNERPersonNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line160 COBB ROADAddressLine1Txt
CityWATER MILLCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11976ZIPCd
FieldValueIRS element (for citing)
TitleTRUSTEETitleTxt
Average Hrs Per Wk Devoted To Pos2.00AverageHrsPerWkDevotedToPosRt
Compensation$0CompensationAmt
Employee Benefit Program$0EmployeeBenefitProgramAmt
Expense Account Other Allwnc$0ExpenseAccountOtherAllwncAmt
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Other Employee Paid Over50k0OtherEmployeePaidOver50kCnt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

FieldValueIRS element (for citing)
Description1EDUCATIONAL CUNY AND YALE UNIVERSITYDescription1Txt
Expenses1$33,500Expenses1Amt
Description2CULTURALDescription2Txt
Expenses2$1,000Expenses2Amt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$0AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$0AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$0TotalFMVOfUnusedAssetsAmt
Acquisition Indebtedness$0AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast$0AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$0CashDeemedCharitableAmt
Net Vl Noncharitable Assets$0NetVlNoncharitableAssetsAmt
Minimum Investment Return$0MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$0DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$51,538ExpensesAndContributionsAmt
Qualifying Distributions$51,538QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$0DistributableAsAdjustedAmt
Excess Distribution Cyov Yr2$91,135ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$77,833ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$168,968TotalExcessDistributionCyovAmt
Qualifying Distributions$51,538QualifyingDistributionsAmt
Remaining Distri From Corpus$51,538RemainingDistriFromCorpusAmt
Total Corpus$220,506TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$220,506ExcessDistriCyovToNextYrAmt
Excess From Year2$91,135ExcessFromYear2Amt
Excess From Year1$77,833ExcessFromYear1Amt
Excess From Current Year$51,538ExcessFromCurrentYearAmt

Private Operating Foundations PrivateOperatingFoundationsGrp

Lessor Adj Net Incm Min Invst Ret LessorAdjNetIncmMinInvstRetGrp

FieldValueIRS element (for citing)
Current Year$0CurrentYearAmt
Total$0TotalAmt

Qualifying Distributions QualifyingDistributionsGrp

FieldValueIRS element (for citing)
Current Year$51,538CurrentYearAmt
Total$51,538TotalAmt

Qualifying Distri Made Drt QualifyingDistriMadeDrtGrp

FieldValueIRS element (for citing)
Current Year$51,538CurrentYearAmt
Total$51,538TotalAmt

Two Thirds Minimum Invst Ret TwoThirdsMinimumInvstRetGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerNONEContributingManagerNm
Shareholder ManagerNONEShareholderManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (4 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
YALE UNIVERSITY
PO BOX 2038NEW HAVENCT06521NONEEDUCATIONAL$3,500
CUNY GRADUATE CENTER
365 FIFTH AVENUENEW YORKNY10016NONEEDUCATIONAL$30,000
THE LUDWIG FOUNDATION - AFLFC
4 W 43RD STREETNEW YORKNY10036NONECULTURAL$1,000
OTHER MISC CHARITY
VARIOUSNEW YORKNY10001NONECULTURAL$1,949
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$36,449TotalGrantOrContriPdDurYrAmt
Total Grant Or Contri Apprv Fut$0TotalGrantOrContriApprvFutAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd

Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp

Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp

FieldValueIRS element (for citing)
Line Number01ALineNumberTxt
Relationship StatementTHE FOUNDATION EXISTS TO PROMOTE EDUCATIONAL OPPORTUNITIES ANDADVANCEMENT OF CULTURAL AND RELIGIOUS TRADITIONS THE CHARITABLEDONATIONS HAVE SERVED THIS PURPOSE WHILE THE EXPENSES INCURRED TOMANAGE THE AFFAIRS OF THE FOUNDATION AND ITS INVESTMENTS WERRelationshipStatementTxt

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

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryACCTG AND RETURN PREPARATIONCategoryTxt
Amt$6,200Amt
Net Investment Income$6,200NetInvestmentIncomeAmt
Adjusted Net Income$6,200AdjustedNetIncomeAmt
Disbursements Charitable Prps$6,200DisbursementsCharitablePrpsAmt

Compensation Explanation CompensationExplanation

Compensation Explanation CompensationExplanationGrp

FieldValueIRS element (for citing)
PersonERLINDA ILUSORIO-BILDNERPersonNm
Short ExplanationNO COMPENSATION ACCRUED OR PAIDShortExplanationTxt

Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch

Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp (2 entries)

AssetAssetDescAcquiredAcquiredDtHow AcquiredHowAcquiredTxtSoldSoldDtGross Sales PriceGrossSalesPriceAmtBasisBasisAmtSales ExpenseSalesExpenseAmtTotal NetTotalNetAmtAccumulated DepreciationAccumulatedDepreciationAmt
15000 BOA CI AUTO AMZN2023-05PURCHASE2023-08$15,000$15,000$0$0$0
1020 STORE CAPITAL CORPORATION2020-10PURCHASE2023-02$32,895$27,285$0$5,610$0

Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule

Investments Corporate Bonds InvestmentsCorporateBondsGrp

FieldValueIRS element (for citing)
BondCORPORATE FIXED INCOME - BONDSBondNm
EOY Book Value$27,500EOYBookValueAmt
EOYFMV$8,035EOYFMVAmt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

FieldValueIRS element (for citing)
StockPUBLIC TRADED EQUITIESStockNm
EOY Book Value$683,674EOYBookValueAmt
EOYFMV$1,141,700EOYFMVAmt

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp

FieldValueIRS element (for citing)
Category Or ItemENTERPRISE PRODUCTS PARTNERS LPCategoryOrItemTxt
Book Value$21,013BookValueAmt
EOYFMV$0EOYFMVAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmtAdjusted Net IncomeAdjustedNetIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
OFFICE MATERIALS & SUPPLIES$3,610$3,610$3,610$3,610
DUES & SUBSCRIPTIONS$1,973$1,973$1,973$1,973

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