HASSENFELD FOUNDATION: Form 990PF, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- HASSENFELD FOUNDATION (EIN 05-6015373)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-11-05
- IRS object ID
- 202403109349101145
- 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
- Form 990-PF
- Schedule B
- Accounting Fees Schedule
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Investments Other Schedule2
- Other Assets Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-11-05T16:13:54-06:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 921407856 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Waveland Family Office | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 570 Lake Cook Rd Ste 320 | AddressLine1Txt |
| City | Deerfield | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60015 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2023-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 056015373 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Hassenfeld Family Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | HASS | BusinessNameControlTxt |
| Phone | 4017575000 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 101 Dyer Street Suite 401 | AddressLine1Txt |
| City | Providence | CityNm |
| State Abbreviation | RI | StateAbbreviationCd |
| ZIP | 029033908 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Alan G Hassenfeld | PersonNm |
| Person Title | President | PersonTitleTxt |
| Phone | 4017575000 | PhoneNum |
| Signature | 2024-11-05 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Joseph Hanson | PreparerPersonNm |
| PTIN | P01495234 | PTIN |
| Phone | 8478748210 | PhoneNum |
| Preparation | 2024-11-04 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2024-10-15 13:58:12Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $70,221,317 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $4,641,487 | ContriRcvdRevAndExpnssAmt |
| Dividends Rev And Expnss | $2,020,144 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $1,994,744 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $3,576,806 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $14,924,100 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $3,576,806 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $179,070 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $179,070 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $10,417,507 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $5,750,620 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $50,000 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $50,000 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $0 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $135,000 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $0 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $135,000 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $20,955 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $8,601 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $415,429 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $355,914 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $59,515 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $621,384 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $414,515 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $194,515 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $10,052,341 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $10,052,341 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $10,673,725 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $414,515 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $10,246,856 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$256,218 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $5,336,105 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $2,684,754 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $5,301,126 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $5,301,126 | SavAndTempCashInvstEOYFMVAmt |
| US Government Obligations BOY | $100,019 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $1,904,603 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $1,922,320 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $33,120,573 | CorporateStockBOYAmt |
| Corporate Stock EOY | $30,028,145 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $39,261,468 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $14,996,990 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $13,865,244 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $13,244,713 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $9,855,369 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $8,529,185 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $9,171,768 | OtherInvestmentsEOYFMVAmt |
| Other Assets BOY | $1,327,789 | OtherAssetsBOYAmt |
| Other Assets EOY | $1,319,922 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $1,319,922 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $62,085,494 | TotalAssetsBOYAmt |
| Total Assets EOY | $60,948,225 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $70,221,317 | TotalAssetsEOYFMVAmt |
| Other Liabilities BOY | $0 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $1,000,000 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $1,000,000 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $0 | CapitalStockBOYAmt |
| Capital Stock EOY | $0 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $62,085,494 | RetainedEarningBOYAmt |
| Retained Earning EOY | $59,948,225 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $62,085,494 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $59,948,225 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $62,085,494 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $60,948,225 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $62,085,494 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$256,218 | ExcessRevenueOverExpensesAmt |
| Other Increases | $726,100 | OtherIncreasesAmt |
| Subtotal | $62,555,376 | SubtotalAmt |
| Other Decreases | $2,607,151 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $59,948,225 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (10 entries)
| PropertyPropertyDesc | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | How AcquiredHowAcquiredCd |
|---|---|---|---|---|---|
| UBS #6665 | $33,062 | $33,582 | -$520 | -$520 | |
| UBS #6665 | $7,272,957 | $4,906,265 | $2,366,692 | $2,366,692 | |
| UBS #0683 | $1,025,344 | $1,019,005 | $6,339 | $6,339 | |
| UBS #0683 | $887,067 | $837,839 | $49,228 | $49,228 | |
| UBS #1873 | $100,000 | $100,000 | $0 | $0 | |
| UBS #1874 | $60,488 | $64,220 | -$3,732 | -$3,732 | |
| UBS #1874 | $96,019 | $84,264 | $11,755 | $11,755 | |
| UBS #2823 | $1,209,290 | $1,470,339 | -$261,049 | -$261,049 | |
| UBS #2823 | $4,214,935 | $2,831,780 | $1,383,155 | $1,383,155 | |
| Canyon Distressed - PFIC | $24,938 | $24,938 | $24,938 | P |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $3,576,806 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $74,172 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $74,172 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $74,172 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $29,842 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $75,000 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $104,842 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $30,670 | OverpaymentAmt |
| Applied To ES Tax | $30,670 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | RI | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | Alan G Hassenfeld | IndividualWithBooksNm |
| Phone | 4012760002 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 101 Dyer Street Suite 401 | AddressLine1Txt |
| City | Providence | CityNm |
| State Abbreviation | RI | StateAbbreviationCd |
| ZIP | 02903 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | 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 | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| Alan G Hassenfeld | ||||||||
| 101 Dyer Street Suite 401 | Providence | RI | 02903 | President | 35.00 | $0 | $0 | $0 |
| Ellen Block | ||||||||
| 101 Dyer Street Suite 401 | Providence | RI | 02903 | VP/Treasurer | 10.00 | $0 | $0 | $0 |
| Susan Block Casdin | ||||||||
| 101 Dyer Street Suite 401 | Providence | RI | 02903 | Director | 5.00 | $0 | $0 | $0 |
| Lori Holland | ||||||||
| 101 Dyer Street Suite 401 | Providence | RI | 02903 | Secretary | 35.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| Upshot Advisors | |||||
| 166 E 61St Street Suite 5H | New York | NY | 10065 | Professional Service | $135,000 |
| UBS Financial Services Inc | |||||
| 1000 Harbor Blvd | Weehawken | NJ | 07086 | Professional Service | $117,936 |
| Hassenfeld Family Initiatives LLC | |||||
| 101 Dyer Street | Providence | RI | 02903 | Professional Service | $100,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $67,416,936 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $3,144,403 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $70,561,339 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $70,561,339 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $1,058,420 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $69,502,919 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $3,475,146 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $3,475,146 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $74,172 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $74,172 | TotalTaxAmt |
| Distributable Before Adj | $3,400,974 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $3,400,974 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $3,400,974 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $10,246,856 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $10,246,856 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $3,400,974 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $5,882,834 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $6,879,819 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $3,593,067 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $5,224,010 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $4,993,755 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $26,573,485 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $10,246,856 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $3,400,974 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $6,845,882 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $33,419,367 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $5,882,834 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $27,536,533 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $6,879,819 | ExcessFromYear4Amt |
| Excess From Year3 | $3,593,067 | ExcessFromYear3Amt |
| Excess From Year2 | $5,224,010 | ExcessFromYear2Amt |
| Excess From Year1 | $4,993,755 | ExcessFromYear1Amt |
| Excess From Current Year | $6,845,882 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | Alan G Hassenfeld | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (43 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| American Friends Of The Israel Museum | |||||||
| 545 Fifth Ave Ste 920 | New York | NY | 10017 | N/A | Pc | AFIM Board Of Director Annual Fund | $25,000 |
| American Friends Of The Israel Museum | |||||||
| 545 Fifth Ave Ste 920 | New York | NY | 10017 | N/A | Pc | Iron Tree Acquisition | $20,960 |
| American Friends Of The Israel Museum | |||||||
| 545 Fifth Ave Ste 920 | New York | NY | 10017 | Pc | Iron Tree Acquisition | $239,040 | |
| Brandeis University | |||||||
| 415 South St Ms 126 | Waltham | MA | 02453 | N/A | Pc | Hassenfeld Fellows Overseas Immersion Program | $24,350 |
| Brandeis University | |||||||
| 415 South St Ms 126 | Waltham | MA | 02453 | N/A | Pc | Hassenfeld Fellows Overseas Immersion Program | $175,000 |
| Brandeis University | |||||||
| 415 South St Ms 126 | Waltham | MA | 02453 | Pc | Hassenfeld Fellows Overseas Immersion Program | $150,650 | |
| Brown University | |||||||
| Box 1893 | Providence | RI | 02912 | N/A | Pc | Performing Arts Building | $100,000 |
| Brown University | |||||||
| Box 1893 | Providence | RI | 02912 | N/A | Pc | Public Health Annual Fund | $10,000 |
| Brown University | |||||||
| Box 1893 | Providence | RI | 02912 | Pc | Alan G. Hassenfeld Child Health Innovation Institute | $301,300 | |
| Brown University | |||||||
| Box 1893 | Providence | RI | 02912 | N/A | Pc | Alan G. Hassenfeld Child Health Innovation Institute - Public Health | $500,000 |
| Brown University | |||||||
| Box 1893 | Providence | RI | 02912 | Pc | Alan G. Hassenfeld Child Health Innovation Institute - Public Health | $301,300 | |
| Brown University | |||||||
| Box 1893 | Providence | RI | 02912 | Pc | Alan G. Hassenfeld Child Health Innovation Institute - Public Health | $1,152,113 | |
| Crossroads Rhode Island | |||||||
| 160 Broad Street | Providence | RI | 02903 | Pc | Roads to Home Campaign | $50,000 | |
| Dream It Foundation | |||||||
| 11034 Nw 47Th Lane | Doral | FL | 33178 | N/A | Pc | Unrestricted | $295,000 |
| Dream It Foundation | |||||||
| 11034 Nw 47Th Lane | Doral | FL | 33178 | N/A | Pc | Unrestricted | $295,000 |
| Dream It Foundation | |||||||
| 11034 Nw 47Th Lane | Doral | FL | 33178 | N/A | Pc | Unrestricted | $295,000 |
| Games For Change | |||||||
| 335 Madison Ave Ste 4L | New York | NY | 10017 | Pc | Unrestricted | $100,000 | |
| Hasbro Children's Hospital | |||||||
| PO Box H | Providence | RI | 02901 | Pc | General Fund | $300,000 | |
| Institute Of Contemporary Art | |||||||
| 25 Harbor Shore Drive | Boston | MA | 02210 | N/A | Pc | Fund for the Future Phase II | $50,000 |
| Jewish Alliance Of Greater Rhode Island | |||||||
| 401 Elmgrove Avenue | Providence | RI | 02906 | N/A | Pc | Unrestricted | $250,000 |
| Jewish United Fund Of Metropolitan Chicago | |||||||
| 30 South Wells Street | Chicago | IL | 60606 | N/A | Pc | JUF Annual Campaign | $60,000 |
| Marine Toys For Tots Foundation | |||||||
| 18251 Quantico Gateway Drive | Triangle | VA | 22172 | N/A | Pc | Unrestricted | $400,000 |
| Massachusetts General Hospital | |||||||
| 125 Nashua Street Ste 540 | Boston | MA | 02114 | N/A | Pc | Hassenfeld Cardiovascular Scholars Program Fund | $300,000 |
| Massachusetts General Hospital | |||||||
| 125 Nashua Street Ste 540 | Boston | MA | 02114 | N/A | Pc | Hassenfeld Cardiovascular Scholars Program Fund | $28,830 |
| Massachusetts General Hospital | |||||||
| 125 Nashua Street Ste 540 | Boston | MA | 02114 | N/A | Pc | Hassenfeld Cardiovascular Scholars Program Fund | $271,170 |
| Norton Museum Of Art | |||||||
| 1450 S Dixie Highway | West Palm Beach | FL | 33401 | N/A | Pc | Contemporary And Modern Art Council | $15,000 |
| Nyu Langone Health | |||||||
| One Park Avenue 5Th Floor | New York | NY | 10016 | N/A | Pc | Radiothon | $10,000 |
| One Tree Planted | |||||||
| 145 Pine Haven Shores Rd Ste 1000D | Shelburne | VT | 05482 | N/A | Pc | Unrestricted | $200,000 |
| Population & Development International | |||||||
| 284 Illikaa Pl | Kailua | HI | 96734 | N/A | Pc | Mechai Bamboo School | $300,000 |
| Salve Regina University | |||||||
| 100 Ochre Point Avenue | Newport | RI | 02840 | N/A | Pc | Ocean State Stories Initiative | $50,000 |
| Temple Emanu-El | |||||||
| 99 Taft Avenue | Providence | RI | 02906 | N/A | Pc | Unrestricted | $27,610 |
| The CATS2 Foundation | |||||||
| 687 N Pastoria Avew | Sunnyvale | CA | 94043 | N/A | Pc | OWL ECO For Schools Program | $1,000,000 |
| The Hummel Report | |||||||
| Po Box 2412 | Providence | RI | 02906 | N/A | Pc | Unrestricted | $50,000 |
| The Jerusalem Foundation | |||||||
| 420 Lexington Avenue Ste 1645 | New York | NY | 10170 | N/A | Pc | Unrestricted | $259,152 |
| The Jerusalem Foundation | |||||||
| 420 Lexington Avenue Ste 1645 | New York | NY | 10170 | N/A | Pc | Emergency Fund | $100,000 |
| The Jerusalem Foundation | |||||||
| 420 Lexington Avenue Ste 1645 | New York | NY | 10170 | N/A | Pc | Unrestricted | $240,848 |
| The Strong National Museum of Play | |||||||
| One Manhattan Square | Rochester | NY | 14607 | N/A | Pc | Hasbro Game Park | $157,890 |
| The Strong National Museum of Play | |||||||
| One Manhattan Square | Rochester | NY | 14607 | N/A | Pc | Hasbro Game Park | $292,160 |
| The Strong National Museum of Play | |||||||
| One Manhattan Square | Rochester | NY | 14607 | N/A | Pc | Hasbro Game Park | $241,040 |
| Tufts University | |||||||
| 150 Harrison Avenue | Boston | MA | 02111 | N/A | Pc | Ellen H. Block Career Services Center | $398,400 |
| University Of Chicago | |||||||
| 5235 South Harper Court Ste 450 | Chicago | IL | 60615 | N/A | Pc | BHC Collaborative for Family Resilience | $20,338 |
| University Of Chicago | |||||||
| 5235 South Harper Court Ste 450 | Chicago | IL | 60615 | N/A | Pc | Unrestricted | $592,515 |
| Women & Infants Hospital Foundation | |||||||
| 171 Service Avenue Ste 310 | Warwick | RI | 02886 | N/A | Pc | Unrestricted | $402,675 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $10,052,341 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $2,020,144 | ExclusionAmt |
Other Investment Income OtherInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $179,070 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $3,576,806 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $5,776,020 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $5,776,020 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Contributor Person | Alan G Hassenfeld | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 101 Dyer Street Suite 401 | AddressLine1Txt |
| City | Providence | CityNm |
| State Abbreviation | RI | StateAbbreviationCd |
| ZIP | 02903 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $4,641,487 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
| Noncash Contribution | Yes (X) | NoncashContributionInd |
Non Cash Property Contribution NonCashPropertyContributionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Noncash Property | 12,000 Shares Salesforce, Inc. (CRM) Stock | NoncashPropertyDesc |
| Fair Market Value | $2,641,487 | FairMarketValueAmt |
| Received | 2023-11-14 | ReceivedDt |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES - WFO | CategoryTxt |
| Amt | $50,000 | Amt |
| Net Investment Income | $50,000 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (2 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| UBS #6665 | $10,947,079 | $10,421,178 |
| UBS #1873 | $2,918,165 | $2,823,535 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (5 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| UBS #6665 | $305,543 | $342,942 |
| UBS #0683 | $3,625,027 | $5,130,773 |
| UBS #1874 | $286,693 | $573,163 |
| UBS #2823 | $10,716,989 | $18,091,078 |
| Hasbro | $15,093,893 | $15,123,512 |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $1,904,603 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $1,922,320 | USGovtObligationsEOYFMVAmt |
| State Local Sec Book Vl EOY | $0 | StateLocalSecBookVlEOYAmt |
| State Local Sec EOYFMV | $0 | StateLocalSecEOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (4 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| UBS #6665 | AT COST | $3,062,124 | $3,169,468 |
| UBS #1876 | AT COST | $4,143,971 | $4,830,665 |
| Social Capital Fund | AT COST | $100,000 | $100,000 |
| TAL China Focus Fund | AT COST | $1,223,090 | $1,071,635 |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (2 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| Federal Tax Deposits | $37,709 | $29,842 | $29,842 |
| 360 Media Inc | $1,290,080 | $1,290,080 | $1,290,080 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail (3 entries)
| DescDesc | AmtAmt |
|---|---|
| FMV of stock in excess of basis contributed to the Foundation | $2,560,307 |
| Amortization | $36,844 |
| Non-Deductible Donations | $10,000 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| ADVISOR FEE - UBS | $117,936 | $117,936 | $0 |
| ANNUAL FILINGS | $20 | $0 | $20 |
| ADMINISTRATIVE SERVICES | $297,473 | $237,978 | $59,495 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| TAL China Focus Fund | $116,301 | $116,301 | $116,301 |
| Canyon Distressed | $51,569 | $51,569 | $51,569 |
| RI Restitution | $11,200 | $11,200 | $11,200 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail (2 entries)
| DescDesc | AmtAmt |
|---|---|
| Excess of FMV over Basis in Stock Donations from Foundation | $686,623 |
| Nondividend Distributions | $39,477 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | AGH 1974 Promissory Note | Desc |
| BOY Book Value | $0 | BOYBookValueAmt |
| EOY Book Value | $1,000,000 | EOYBookValueAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | PROFESSIONAL FEES - UPSHOT | CategoryTxt |
| Amt | $135,000 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $135,000 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| FOREIGN TAX | $8,551 | $8,551 | $0 |
| FEDERAL EXCISE TAX | $12,354 | $0 | $0 |
| STATE - RI | $50 | $50 | $0 |
Comments