JAFFE FOUNDATION: Form 990PF, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- JAFFE FOUNDATION (EIN 06-1469004)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-11-07
- IRS object ID
- 202413129349101211
- 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
- Depreciation Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Legal Fees Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Professional Fees Schedule
- Substantial Contributors Sch
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-11-07T09:15:21-06:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Sayles & Evans | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | One West Church Street | AddressLine1Txt |
| City | Elmira | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 14901 | 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 | 061469004 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Jaffe Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % MARKET STREET SERVICES | InCareOfNm |
| Business Name Control | JAFF | BusinessNameControlTxt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 80 E Market St Ste 300 | AddressLine1Txt |
| City | Corning | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 14830 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DOUGLAS JAFFE | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 6079626876 | PhoneNum |
| Signature | 2024-10-25 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (true) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Steven E Agan | PreparerPersonNm |
| PTIN | P00545842 | PTIN |
| Phone | 6077342271 | PhoneNum |
| Preparation | 2024-10-25 | 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 | $17,829,802 | 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 | $4,200,109 | ContriRcvdRevAndExpnssAmt |
| Dividends Rev And Expnss | $208,817 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $208,817 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $403,212 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $963,981 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $403,212 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $4,812,138 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $612,029 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Legal Fees Rev And Expnss | $16,687 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $16,687 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $0 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $0 | LegalFeesDsbrsChrtblAmt |
| Other Prof Fees Rev And Expnss | $38,085 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $38,085 | OtherProfFeesNetInvstIncmAmt |
| Taxes Rev And Expnss | $16,053 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $3,553 | TaxesNetInvstIncmAmt |
| Other Expenses Rev And Expnss | $24,170 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $23,944 | OtherExpensesNetInvstIncmAmt |
| Tot Opr Expenses Rev And Expnss | $94,995 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $82,269 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $672,519 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $672,519 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $767,514 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $82,269 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $672,519 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $4,044,624 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $529,760 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $219,922 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $466,091 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $466,091 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $9,261,647 | CorporateStockBOYAmt |
| Corporate Stock EOY | $9,962,485 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $16,578,486 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $237,735 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $765,068 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $785,225 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $9,719,304 | TotalAssetsBOYAmt |
| Total Assets EOY | $11,193,644 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $17,829,802 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $9,719,304 | CapitalStockBOYAmt |
| Capital Stock EOY | $11,193,644 | CapitalStockEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $9,719,304 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $11,193,644 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $9,719,304 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $11,193,644 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $9,719,304 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $4,044,624 | ExcessRevenueOverExpensesAmt |
| Other Increases | $269,745 | OtherIncreasesAmt |
| Subtotal | $14,033,673 | SubtotalAmt |
| Other Decreases | $2,840,029 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $11,193,644 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (10 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | AcquiredAcquiredDt | SoldSoldDt |
|---|---|---|---|---|---|---|---|
| MEADOWS SECURITIES COMPANY | P | $505,000 | $429,983 | $75,017 | $75,017 | ||
| MEADOWS SECURITIES COMPANY | P | $257,703 | $127,925 | $129,778 | $129,778 | ||
| COOPER COMPANIES, INC. | D | $11,556 | $139 | $11,417 | $11,417 | 2008-12-01 | 2023-02-09 |
| CORTEVA, INC. | D | $20,336 | $2,722 | $17,614 | $17,614 | 2008-05-13 | 2023-02-09 |
| LITIGATION SETTLEMENT | P | $8 | $8 | $8 | |||
| CAPITAL GAIN DIVIDENDS | P | $168,740 | |||||
| CAPITAL GAIN DIVIDENDS | P | $168,740 | |||||
| CAPITAL GAIN DIVIDENDS | P | $168,740 | |||||
| CAPITAL GAIN DIVIDENDS | P | $168,740 | |||||
| CAPITAL GAIN DIVIDENDS | P | $168,740 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $403,212 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $7,364 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $7,364 | SubtotalAmt |
| Tax Based On Investment Income | $7,364 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $7,097 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $6,500 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $13,597 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $27 | EsPenaltyAmt |
| Overpayment | $6,206 | OverpaymentAmt |
| Applied To ES Tax | $6,206 | AppliedToESTaxAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | CT | OrgReportOrRegisterStateCd |
| Org Report Or Register State | DE | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | Yes (true) | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MARKET STREET SERVICES | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8009626876 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 80 E MARKET ST STE 300 | AddressLine1Txt |
| City | CORNING | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 14830 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 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 |
|---|---|---|---|---|---|---|---|---|
| DAVID M JAFFE | ||||||||
| 80 E Market St Ste 300 | Corning | NY | 14830 | TREASURER/SECRETARY | 1.0 | $0 | $0 | $0 |
| DOUGLAS JAFFE | ||||||||
| 80 E Market St Ste 300 | Corning | NY | 14830 | PRESIDENT | 1.0 | $0 | $0 | $0 |
| KRISTIN HEAVEY | ||||||||
| 80 E Market St Ste 300 | Corning | NY | 14830 | DIRECTOR | 1.0 | $0 | $0 | $0 |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | N/A | Description1Txt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | NONE | Description1Txt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $12,399,082 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $152,183 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $484,020 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $13,035,285 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $13,035,285 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $195,529 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $12,839,756 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $641,988 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $641,988 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $7,364 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $7,364 | TotalTaxAmt |
| Distributable Before Adj | $634,624 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $634,624 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $634,624 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $672,519 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $0 | CharitableAssetsAcquisPaidAmt |
| Set Aside Suitability Test | $0 | SetAsideSuitabilityTestAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $672,519 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $634,624 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Prior Year1 | 2021 | PriorYear1Yr |
| Prior Year2 | 2020 | PriorYear2Yr |
| Prior Year3 | 2019 | PriorYear3Yr |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr3 | $295,967 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr1 | $48,826 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $344,793 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $672,519 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Current Year | $634,624 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $37,895 | RemainingDistriFromCorpusAmt |
| Total Corpus | $382,688 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $382,688 | ExcessDistriCyovToNextYrAmt |
| Excess From Year3 | $295,967 | ExcessFromYear3Amt |
| Excess From Year1 | $48,826 | ExcessFromYear1Amt |
| Excess From Current Year | $37,895 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | DAVID M JAFFE DOUGLAS W JAFFE K | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (9 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line2RecipientUSAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|---|---|
| Columbia University | ||||||||
| 662 West 113th Street | NEW YORK | NY | 10025 | NONE | PC | GENERAL SUPPORT | $250,000 | |
| Guilford Foundation | ||||||||
| PO Box 35 | Guilford | CT | 06437 | NONE | PC | GENERAL SUPPORT | $25,000 | |
| Friends Center for Children | ||||||||
| 227 E Grand Ave | Guilford | CT | 06437 | NONE | PC | GENERAL SUPPORT | $100,000 | |
| Women's Health Research at Yale | ||||||||
| PO Box 2038 | NEW HAVEN | CT | 065212038 | NONE | PC | GENERAL SUPPORT | $50,401 | |
| Kent State University | ||||||||
| 207 Schwartz Center | Kent | OH | 44242 | none | PC | GENERAL SUPPORT | $50,964 | PO Box 5190 |
| National Center for Civic Innovation | ||||||||
| 121 Avenue of the Americas | New York | NY | 10013 | NONE | PC | GENERAL SUPPORT | $25,000 | |
| Rutgers The State University | ||||||||
| 33 Knightsbridge Rd | Piscataway | NJ | 08854 | NONE | PC | GENERAL SUPPORT | $63,134 | |
| University of Florida Foundation | ||||||||
| 33 Tigert Hall | Gainesville | FL | 32611 | NONE | PC | GENERAL SUPPORT | $48,020 | PO Box 113001 |
| Worcester Polytechnic Institute | ||||||||
| 100 Institute Rd | Worcester | MA | 01609 | NONE | PC | GENERAL SUPPORT | $60,000 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $672,519 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fees Contracts From Govt Ag | FeesContractsFromGovtAgGrp | |
| Membership Dues And Assmnt | MembershipDuesAndAssmntGrp | |
| Int On Sav And Temp Cash Invst | IntOnSavAndTempCashInvstGrp |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $208,817 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Rntl Incm Re Debt Fincd Prop | NetRntlIncmReDebtFincdPropGrp | |
| Net Rntl Incm Re Not Debt Fincd Prop | NetRntlIncmReNotDebtFincdProp | |
| Net Rental Income Personal Prop | NetRentalIncomePersonalPropGrp | |
| Other Investment Income | OtherInvestmentIncomeGrp |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $403,212 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $612,029 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $612,029 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp (2 entries)
| ContributorContributorNum | Address Line1ContributorUSAddress/AddressLine1Txt | CityContributorUSAddress/CityNm | State AbbreviationContributorUSAddress/StateAbbreviationCd | ZIPContributorUSAddress/ZIPCd | Total ContributionsTotalContributionsAmt | Person ContributionPersonContributionInd | Noncash ContributionNoncashContributionInd |
|---|---|---|---|---|---|---|---|
| DAVID M JAFFE | |||||||
| 1 | 80 EAST MARKET ST STE 300 | CORNING | NY | 14830 | $3,790,385 | Yes (X) | Yes (X) |
| DOUGLAS W JAFFE | |||||||
| 2 | 80 EAST MARKET ST STE 300 | CORNING | NY | 14830 | $409,724 | Yes (X) | |
Non Cash Property Contribution NonCashPropertyContributionGrp (9 entries)
| ContributorContributorNum | Noncash PropertyNoncashPropertyDesc | Fair Market ValueFairMarketValueAmt | ReceivedReceivedDt |
|---|---|---|---|
| 1 | 14966.91 SH TAIWAN SEMICONDUCTOR TOTAL BASIS: $137,509.12 | $1,391,185 | 2023-05-02 |
| 1 | 1130 SH APPLE, INC. TOTAL BASIS: $623.72 | $199,462 | 2023-10-19 |
| 1 | 337 SH COSTCO WHOLESALE CORP TOTAL BASIS: $14,821.42 | $193,370 | 2023-10-26 |
| 1 | 549 MICROSOFT TOTAL BASIS: $23,350.29 | $188,601 | 2023-11-01 |
| 1 | 1809 META PLATFORMS INC. TOTAL BASIS: $68,742.00 | $577,231 | 2023-11-07 |
| 1 | 688 SH PAYCHEX, INC. TOTAL BASIS: $4,711.24 | $81,593 | 2023-11-21 |
| 1 | 548 SH NIKE, INC. B TOTAL BASIS: $1,027.07 | $58,943 | 2023-11-27 |
| 2 | 968 SH INTUITIVE SURGICAL, INC. TOTAL BASIS: $5,679.59 | $307,698 | 2023-12-12 |
| 2 | 300 SH COOPER COMPANIES, INC. TOTAL BASIS: $3,615.01 | $102,026 | 2023-12-12 |
Depreciation Schedule DepreciationSchedule
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (23 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| COSTCO WHOLESALE CORP. | $32,584 | $768,993 |
| INTUITIVE SURGICAL, INC. | $11,511 | $623,441 |
| VANGUARD EXPLORER FUND | $592,950 | $604,906 |
| VANGUARD EMERGING MKTS ADM FUN | $251,612 | $251,833 |
| APPLE, INC. | $2,143 | $747,594 |
| MICROSOFT | $68,500 | $570,453 |
| NIKE, INC. B | $4,671 | $270,556 |
| COOPER COMPANIES, INC | $3,615 | $113,532 |
| CORTEVA INC. | $0 | $0 |
| TAIWAN SEMICONDUCTOR MFG. | $133,497 | $1,512,982 |
| VERIZON COMMUNICATION | $0 | $0 |
| ARTISAN INT'L VALUE FUND | $492,952 | $575,387 |
| GRANDEUR PEAK INT'L OPPORTUN. | $401,360 | $361,109 |
| PIMCO INCOME FUNDS | $280,000 | $272,807 |
| ROBECO BOSTON ALL-CAP VALUE | $1,863,815 | $1,758,179 |
| VANGUARD FTSE ALL WORLD ADM FD | $723,125 | $836,065 |
| VANGUARD ETF ALL WORLD INDEX | $0 | $0 |
| VANGUARD EXPLORER VALUE FUND | $635,124 | $621,857 |
| VANGUARD 500 INDEX FUND | $2,353,891 | $2,996,438 |
| VANGUARD TOTAL STOCK MKT IND | $1,879,682 | $2,811,786 |
| META PLATFORMS INC. | $68,742 | $640,314 |
| PAYCHEX, INC. | $4,711 | $81,948 |
| VANGUARD INTERMED BD IDX ADM F | $158,000 | $158,306 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (6 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| OKO LABS, INC | AT COST | $150,000 | $150,000 |
| EDLIGHT PBC | AT COST | $152,500 | $152,500 |
| MS PRIVATE MARKETS FUND IV | AT COST | $162,568 | $182,725 |
| DIFFIT, INC. | AT COST | $100,000 | $100,000 |
| CHALK TALK SOLUTIONS, INC. | AT COST | $100,000 | $100,000 |
| BRISK LABS, CORP | AT COST | $100,000 | $100,000 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL SERVICES | CategoryTxt |
| Legal Fees | $16,687 | LegalFeesAmt |
| Net Investment Income | $16,687 | NetInvestmentIncomeAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | APPRECIATION ON CONTRIBUTED STOCK | Desc |
| Amt | $2,840,029 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| FILING FEE | $25 | |
| REGISTERED AGENT FEES | $200 | |
| MS PRIVATE MARKETS FUND IV | $23,945 | $23,944 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | NONDIVIDEND DISTRIBUTIONS | Desc |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | APPRECIATION ON GRANTED STOCK | Desc |
| Amt | $269,745 | Amt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| MARKET STREET TRUST COMPANY | $36,223 | $36,223 |
| LAZARD INVESTMENT ADVISORS | $1,862 | $1,862 |
Substantial Contributors Sch SubstantialContributorsSch
Substantial Contributor Detail SubstantialContributorDetail (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd |
|---|---|---|---|
| DAVID M JAFFE | |||
| 80 EAST MARKET ST STE 300 | CORNING | NY | 14830 |
| DOUGLAS W JAFFE | |||
| 80 EAST MARKET ST STE 300 | CORNING | NY | 14830 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| FORIEGN TAXES - 1099 | $3,553 | $3,553 |
| FEDERAL ESTIMATED TAXES | $12,500 |
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