BARNEY II FOUNDATION: Form 990PF, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
BARNEY II FOUNDATION (EIN 36-3434490)
Tax period
2023-01-01 to 2023-12-31
Filed
2024-11-04
IRS object ID
202413099349100801
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)
Return2024-11-04T06:30:38-08:00ReturnTs
Tax Period End2023-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN844107940PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1PBG FINANCIAL SERVICES PLLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11245-47 WAUKEGAN ROAD STE 100AddressLine1Txt
CityGLENVIEWCityNm
State AbbreviationILStateAbbreviationCd
ZIP60025ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2023-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN363434490EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1BARNEY II FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlBARNBusinessNameControlTxt
Phone8475942399PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line12929 DENTON COURTAddressLine1Txt
CityWESTCHESTERCityNm
State AbbreviationILStateAbbreviationCd
ZIP60154ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonWILLIAM REICHARDT JRPersonNm
Person TitlePresidentPersonTitleTxt
Signature2024-11-04SignatureDt
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 PersonSTEVE SILBERMANPreparerPersonNm
PTINP00362034PTIN
Phone8472911400PhoneNum
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2024-10-15 13:58:12ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$0FMVAssetsEOYAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Dividends Rev And Expnss$16,195DividendsRevAndExpnssAmt
Dividends Net Invst Incm$16,195DividendsNetInvstIncmAmt
Dividends Adj Net Incm$16,195DividendsAdjNetIncmAmt
Net Gain Sale Ast Rev And Expnss-$26,517NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$18,000GrossSalesPriceAmt
Total Rev And Expnss-$10,322TotalRevAndExpnssAmt
Total Net Invst Incm$16,195TotalNetInvstIncmAmt
Total Adj Net Incm$16,195TotalAdjNetIncmAmt
Accounting Fees Rev And Expnss$6,680AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$6,680AccountingFeesNetInvstIncmAmt
Interest Rev And Expnss$432InterestRevAndExpnssAmt
Interest Dsbrs Chrtbl$432InterestDsbrsChrtblAmt
Trav Conf Meeting Rev And Expnss$232TravConfMeetingRevAndExpnssAmt
Trav Conf Meeting Dsbrs Chrtbl$232TravConfMeetingDsbrsChrtblAmt
Other Expenses Rev And Expnss$4,345OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$4,187OtherExpensesNetInvstIncmAmt
Other Expenses Dsbrs Chrtbl$158OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$11,689TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$10,867TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$822TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$241,668ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$241,668ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$253,357TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$10,867TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$242,490TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$263,679ExcessRevenueOverExpensesAmt
Net Investment Income$5,328NetInvestmentIncomeAmt
Adjusted Net Income$16,195AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$58,604CashBOYAmt
Cash EOY$28,959CashEOYAmt
Sav And Temp Cash Invst BOY$395,807SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$194,213SavAndTempCashInvstEOYAmt
Rcvbl From Officers BOY$185RcvblFromOfficersBOYAmt
Rcvbl From Officers EOY$185RcvblFromOfficersEOYAmt
Other Investments BOY$44,314OtherInvestmentsBOYAmt
Land Bldg Equip Cost Or Other Bss$1,921LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$1,921LandBldgEquipAccumDeprecAmt
Land BOY$1LandBOYAmt
Other Assets BOY$5,000OtherAssetsBOYAmt
Other Assets EOY$5,000OtherAssetsEOYAmt
Total Assets BOY$503,911TotalAssetsBOYAmt
Total Assets EOY$228,357TotalAssetsEOYAmt
Total Assets EOYFMV$0TotalAssetsEOYFMVAmt
Accounts Payable EOY$125AccountsPayableEOYAmt
Other Liabilities BOY$155,287OtherLiabilitiesBOYAmt
Other Liabilities EOY$143,287OtherLiabilitiesEOYAmt
Total Liabilities BOY$155,287TotalLiabilitiesBOYAmt
Total Liabilities EOY$143,412TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Capital Stock BOY$348,624CapitalStockBOYAmt
Capital Stock EOY$84,945CapitalStockEOYAmt
Tot Net Ast Or Fund Balances BOY$348,624TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$84,945TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$503,911TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$228,357TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$348,624TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$263,679ExcessRevenueOverExpensesAmt
Subtotal$84,945SubtotalAmt
Tot Net Ast Or Fund Balances EOY$84,945TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)

PropertyPropertyDescHow AcquiredHowAcquiredCdAcquiredAcquiredDtSoldSoldDtCost Or Other BasisCostOrOtherBasisAmtGain Or LossGainOrLossAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmtGross Sales PriceGrossSalesPriceAmt
LONG TERM LOSS - K-1 CREATION INVEST. SOP2000-01-012023-12-31$1,028-$1,028-$1,028
DISPOSITION - CREATION INVESTMENTS GLOBP2000-01-012023-12-31$43,489-$25,489-$25,489$18,000
FieldValueIRS element (for citing)
Capital Gain Net Income-$26,517CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$74InvestmentIncomeExciseTaxAmt
Subtotal$74SubtotalAmt
Tax Based On Investment Income$74TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$582EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits$582TotalPaymentsAndCreditsAmt
Overpayment$508OverpaymentAmt
Applied To ES Tax$508AppliedToESTaxAmt

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 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 Line1WILLIAM REICHARDT JRBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone8475942399PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line12929 DENTON COURTAddressLine1Txt
CityWESTCHESTERCityNm
State AbbreviationILStateAbbreviationCd
ZIP60154ZIPCd
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

FieldValueIRS element (for citing)
PersonWILLIAM REICHARDT JRPersonNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line12929 DENTON COURTAddressLine1Txt
CityWESTCHESTERCityNm
State AbbreviationILStateAbbreviationCd
ZIP60154ZIPCd
FieldValueIRS element (for citing)
TitlePresidentTitleTxt
Average Hrs Per Wk Devoted To Pos2.00AverageHrsPerWkDevotedToPosRt
Compensation$0CompensationAmt
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$0AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$336,018AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$336,018TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$336,018AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$5,040CashDeemedCharitableAmt
Net Vl Noncharitable Assets$330,978NetVlNoncharitableAssetsAmt
Minimum Investment Return$16,549MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$16,549MinimumInvestmentReturnAmt
Tax Based On Investment Income$74TaxBasedOnInvestmentIncomeAmt
Total Tax$74TotalTaxAmt
Distributable Before Adj$16,475DistributableBeforeAdjAmt
Distributable Before Ded$16,475DistributableBeforeDedAmt
Distributable As Adjusted$16,475DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$242,490ExpensesAndContributionsAmt
Qualifying Distributions$242,490QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$16,475DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$230,618ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$184,802ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$155,963ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$187,960ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$319,558ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$1,078,901TotalExcessDistributionCyovAmt
Qualifying Distributions$242,490QualifyingDistributionsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$16,475AppliedToCurrentYearAmt
Remaining Distri From Corpus$226,015RemainingDistriFromCorpusAmt
Total Corpus$1,304,916TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$230,618ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$1,074,298ExcessDistriCyovToNextYrAmt
Excess From Year4$184,802ExcessFromYear4Amt
Excess From Year3$155,963ExcessFromYear3Amt
Excess From Year2$187,960ExcessFromYear2Amt
Excess From Year1$319,558ExcessFromYear1Amt
Excess From Current Year$226,015ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp

FieldValueIRS element (for citing)
Recipient PersonSEE STATEMENTRecipientPersonNm

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line12929 DENTON COURTAddressLine1Txt
CityWESTCHESTERCityNm
State AbbreviationILStateAbbreviationCd
ZIP60154ZIPCd
FieldValueIRS element (for citing)
Recipient RelationshipNONERecipientRelationshipTxt
Recipient Foundation StatusPFRecipientFoundationStatusTxt
Grant Or Contribution PurposeDONATIONSGrantOrContributionPurposeTxt
Amt$241,668Amt
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$241,668TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$16,195ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion-$26,517ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion-$10,322ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty-$10,322TotalIncomeProducingActyAmt

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)
CategoryACCOUNTING FEESCategoryTxt
Amt$6,680Amt
Net Investment Income$6,680NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$0DisbursementsCharitablePrpsAmt

Land Etc Schedule2 LandEtcSchedule2

Land Etc LandEtcGrp

FieldValueIRS element (for citing)
Category Or ItemMiscellaneousCategoryOrItemTxt
Cost Or Other Basis$1,921CostOrOtherBasisAmt
Accumulated Depreciation$1,921AccumulatedDepreciationAmt

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp

FieldValueIRS element (for citing)
DescDUE FROM OTHERSDesc
BOY Book Value$5,000BOYBookValueAmt
EOY Book Value$5,000EOYBookValueAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (5 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmtNet Investment IncomeNetInvestmentIncomeAmt
DUES AND SUBSCRIPTIONS$125$125
FEDERAL INCOME TAX$1,600$1,600
K-1 EXPENSES$2,587$2,587
LICENSE AND FEES$13$13
SUPPLIES$20$20

Other Liabilities Schedule OtherLiabilitiesSchedule

Other Liabilities Detail OtherLiabilitiesDetail (2 entries)

DescDescBOY Book ValueBOYBookValueAmtEOY Book ValueEOYBookValueAmt
ANNUITY PAYABLE$75,287$63,287
DUE TO OTHERS$80,000$80,000

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