LOWENBRAUN FAMILY FOUNDATION: Form 990PF, tax year 2023

View the entire original 990 at ProPublica ↗

Organization: LOWENBRAUN FAMILY FOUNDATION (EIN 45-6655433)
Tax period: 2023-07-01 to 2024-06-30
Filed: 2024-11-05
IRS object ID: 202423109349100437
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
Other Expenses Schedule
Other Increases Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2024-11-05T08:29:44-08:00	ReturnTs
Tax Period End	2024-06-30	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	133358774	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	Bernath & Rosenberg PC	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	126 Spruce Street	AddressLine1Txt
City	Cedarhurst	CityNm
State Abbreviation	NY	StateAbbreviationCd
ZIP	11516	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnTypeCd
Tax Period Begin	2023-07-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	456655433	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	LOWENBRAUN FAMILY FOUNDATION	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	LOWE	BusinessNameControlTxt
Phone	2122211140	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	1202 EAST 22ND STREET	AddressLine1Txt
City	BROOKLYN	CityNm
State Abbreviation	NY	StateAbbreviationCd
ZIP	11210	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	CHAIM LOWENBRAUN	PersonNm
Person Title	Trustee	PersonTitleTxt
Signature	2024-11-05	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	Benjamin Berger	PreparerPersonNm
PTIN	P00236799	PTIN
Phone	2122211140	PhoneNum

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	$283,648	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	$31,567	ContriRcvdRevAndExpnssAmt
Schedule B Not Required	Yes (X)	ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss	$67	InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm	$67	InterestOnSavNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss	$102,199	NetGainSaleAstRevAndExpnssAmt
Gross Sales Price	$133,766	GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm	$102,199	CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss	$133,833	TotalRevAndExpnssAmt
Total Net Invst Incm	$102,266	TotalNetInvstIncmAmt
Other Expenses Rev And Expnss	$358	OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm	$358	OtherExpensesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss	$358	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$358	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$0	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$134,700	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$134,700	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$135,058	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$358	TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl	$134,700	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	-$1,225	ExcessRevenueOverExpensesAmt
Net Investment Income	$101,908	NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Cash BOY	$1,372	CashBOYAmt
Cash EOY	$148	CashEOYAmt
Cash EOYFMV	$148	CashEOYFMVAmt
Other Investments BOY	$283,500	OtherInvestmentsBOYAmt
Other Investments EOY	$283,500	OtherInvestmentsEOYAmt
Other Investments EOYFMV	$283,500	OtherInvestmentsEOYFMVAmt
Total Assets BOY	$284,872	TotalAssetsBOYAmt
Total Assets EOY	$283,648	TotalAssetsEOYAmt
Total Assets EOYFMV	$283,648	TotalAssetsEOYFMVAmt
Total Liabilities EOY	$0	TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117	Yes (X)	OrgDoesNotFollowFASB117Ind
Capital Stock BOY	$284,872	CapitalStockBOYAmt
Capital Stock EOY	$283,648	CapitalStockEOYAmt
Tot Net Ast Or Fund Balances BOY	$284,872	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$283,648	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$284,872	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$283,648	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$284,872	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	-$1,225	ExcessRevenueOverExpensesAmt
Other Increases	$1	OtherIncreasesAmt
Subtotal	$283,648	SubtotalAmt
Tot Net Ast Or Fund Balances EOY	$283,648	TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp

Field	Value	IRS element (for citing)
Property	CETERA	PropertyDesc
How Acquired	P	HowAcquiredCd
Acquired	2022-12-15	AcquiredDt
Sold	2024-06-30	SoldDt
Gross Sales Price	$133,766	GrossSalesPriceAmt
Cost Or Other Basis	$31,567	CostOrOtherBasisAmt
Gain Or Loss	$102,199	GainOrLossAmt
Gains Minus Excess Or Losses	$102,199	GainsMinusExcessOrLossesAmt

Field	Value	IRS element (for citing)
Capital Gain Net Income	$102,199	CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Investment Income Excise Tax	$1,417	InvestmentIncomeExciseTaxAmt
Subtotal	$1,417	SubtotalAmt
Tax Based On Investment Income	$1,417	TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx	$1,936	EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits	$1,936	TotalPaymentsAndCreditsAmt
Overpayment	$519	OverpaymentAmt
Applied To ES Tax	$519	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	false	Section508eRqrSatisfiedInd
At Least5000 In Assets	Yes (true)	AtLeast5000InAssetsInd
Org Report Or Register State	NY	OrgReportOrRegisterStateCd
Form990 PF Filed With Atty Gen	Yes (true)	Form990PFFiledWithAttyGenInd
Private Operating Foundation	false	PrivateOperatingFoundationInd
New Substantial Contributors	false	NewSubstantialContributorsInd
Own Controlled Entity	false	OwnControlledEntityInd
Donor Advised Fund	false	DonorAdvisedFundInd
Comply With Public Insp Rqr	Yes (true)	ComplyWithPublicInspRqrInd
Website Address	N/A	WebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

Field	Value	IRS element (for citing)
Business Name Line1	CHAIM LOWENBRAUN	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	2122211140	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	1202 EAST 22ND STREET	AddressLine1Txt
City	BROOKLYN	CityNm
State Abbreviation	NY	StateAbbreviationCd
ZIP	11210	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
Acts Fail To Qlfy As Exceptions	false	ActsFailToQlfyAsExceptionsInd
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 (2 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	TitleTitleTxt	Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt	CompensationCompensationAmt
CHAIM LOWENBRAUN
1202 EAST 22ND STREET	BROOKLYN	NY	11210	Trustee	1.00	$0
MIRIAM LOWENBRAUN
1202 EAST 22ND STREET	BROOKLYN	NY	11210	Trustee	1.00	$0

Field	Value	IRS element (for citing)
Comp Of Hghst Pd Empl Or NONE	NONE	CompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONE	NONE	CompOfHghstPdCntrctOrNONETxt

Minimum Investment Return MinimumInvestmentReturnGrp

Field	Value	IRS element (for citing)
Average Monthly FMV Of Sec	$23,346	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$2,911	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$283,500	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$309,757	TotalFMVOfUnusedAssetsAmt
Reduction Claimed	$0	ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast	$309,757	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$4,646	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$305,111	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$15,256	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Minimum Investment Return	$15,256	MinimumInvestmentReturnAmt
Tax Based On Investment Income	$1,417	TaxBasedOnInvestmentIncomeAmt
Total Tax	$1,417	TotalTaxAmt
Distributable Before Adj	$13,839	DistributableBeforeAdjAmt
Distributable Before Ded	$13,839	DistributableBeforeDedAmt
Distributable As Adjusted	$13,839	DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$134,700	ExpensesAndContributionsAmt
Qualifying Distributions	$134,700	QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$13,839	DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5	$828,115	ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4	$1,658	ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3	$71,457	ExcessDistributionCyovYr3Amt
Total Excess Distribution Cyov	$901,230	TotalExcessDistributionCyovAmt
Qualifying Distributions	$134,700	QualifyingDistributionsAmt
Treated As Distri From Corpus	$0	TreatedAsDistriFromCorpusAmt
Applied To Current Year	$13,839	AppliedToCurrentYearAmt
Remaining Distri From Corpus	$120,861	RemainingDistriFromCorpusAmt
Total Corpus	$1,022,091	TotalCorpusAmt
Undistributed Income CY	$0	UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5	$828,115	ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr	$193,976	ExcessDistriCyovToNextYrAmt
Excess From Year4	$1,658	ExcessFromYear4Amt
Excess From Year3	$71,457	ExcessFromYear3Amt
Excess From Current Year	$120,861	ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

Field	Value	IRS element (for citing)
Contributing Manager	CHAIM LOWENBRAUN	ContributingManagerNm
Contributing Manager	MIRIAM LOWENBRAUN	ContributingManagerNm
Only Contri To Preselected	Yes (X)	OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (6 entries)

Address Line1RecipientUSAddress/AddressLine1Txt	CityRecipientUSAddress/CityNm	State AbbreviationRecipientUSAddress/StateAbbreviationCd	ZIPRecipientUSAddress/ZIPCd	Recipient RelationshipRecipientRelationshipTxt	Recipient Foundation StatusRecipientFoundationStatusTxt	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt
VARIOUS MISC CHARITIES
BROOKLYN NY	BROOKLYN	NY	11230	NONE	EXEMPT	CHARITABLE	$61,500
ADIREI HATORAH
617 6TH STREET	LAKEWOOD	NJ	08701	NONE	EXEMPT	Charitable	$36,000
Keren Ezra
1700 Solly Ave	Philadelphia	PA	19152	NONE	EXEMPT	Charitable	$10,000
Chai Lifeline
151 West 30 Th Street	New York	NY	10001	NONE	EXEMPT	Charitable	$10,000
american friends of neve yerushalay
111 John Street	New York	NY	10038	NONE	EXEMPT	Charitable	$10,000
Congregation Avir Yaakov
766 N Main Street	Spring Valley	NY	10977	NONE	EXEMPT	Charitable	$7,200

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$134,700	TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$67	ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

Field	Value	IRS element (for citing)
Exclusion	18	ExclusionCd
Exclusion	$102,199	ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Field	Value	IRS element (for citing)
Exclusion	$102,266	ExclusionAmt

Field	Value	IRS element (for citing)
Total Income Producing Acty	$102,266	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

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt	Net Investment IncomeNetInvestmentIncomeAmt
ADVISOR FEES	$308	$308
BANK CHARGES	$50	$50

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail

Field	Value	IRS element (for citing)
Desc	ROUNDING	Desc
Amt	$1	Amt

LOWENBRAUN FAMILY FOUNDATION: Form 990PF, tax year 2023

Return header ReturnHeader

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

Preparer US Address PreparerUSAddress

Filer Filer

Business Name BusinessName

US Address USAddress

Business Officer BusinessOfficerGrp

Preparer Person PreparerPersonGrp

Form 990-PF IRS990PF

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Statements Regarding Acty StatementsRegardingActyGrp

Persons With Books Name PersonsWithBooksName

Location Of Books US Address LocationOfBooksUSAddress

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (2 entries)

Minimum Investment Return MinimumInvestmentReturnGrp

Distributable Amount DistributableAmountGrp

PF Qualifying Distributions PFQualifyingDistributionsGrp

Undistributed Income UndistributedIncomeGrp

Supplementary Information SupplementaryInformationGrp

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (6 entries)

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail

Comments