SHELDON L AND PEARL R LEIBOWITZ DALE LEIBOWITZ LEGACY FOUNDATION: Form 990PF, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- SHELDON L AND PEARL R LEIBOWITZ DALE LEIBOWITZ LEGACY FOUNDATION (EIN 36-7632256)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-11-14
- IRS object ID
- 202433199349100628
- 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 Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-11-14T08:59:32-06:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FOLEY & LARDNER LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 777 E WISCONSIN AVE | AddressLine1Txt |
| City | MILWAUKEE | CityNm |
| State Abbreviation | WI | StateAbbreviationCd |
| ZIP | 532025306 | 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 | 367632256 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SHELDON L AND PEARL R LEIBOWITZ | BusinessNameLine1Txt |
| Business Name Line2 | DALE LEIBOWITZ LEGACY FOUNDATION | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % SHERI KOLE | InCareOfNm |
| Business Name Control | SHEL | BusinessNameControlTxt |
| Phone | 6085091318 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | FOLEY 777 E WISCONSIN AVE | AddressLine1Txt |
| City | MILWAUKEE | CityNm |
| State Abbreviation | WI | StateAbbreviationCd |
| ZIP | 532025306 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | SHERI KOLE | PersonNm |
| Person Title | TRUSTEE | PersonTitleTxt |
| Phone | 7323716978 | PhoneNum |
| Signature | 2024-11-12 | 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 | EMMALINE S JURGENA | PreparerPersonNm |
| PTIN | P02299102 | PTIN |
| Phone | 4142712400 | PhoneNum |
| Preparation | 2024-11-08 | 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 | $19,839,979 | 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 | $1,578,444 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $1,396 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $1,396 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $462,104 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $462,104 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | -$16,392 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $1,032,171 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $0 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $44,930 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $22,408 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $2,070,482 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $485,908 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $152,996 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $152,996 | CompOfcrDirTrstDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $27,729 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $0 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $27,729 | LegalFeesDsbrsChrtblAmt |
| Other Prof Fees Rev And Expnss | $88,000 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $88,000 | OtherProfFeesNetInvstIncmAmt |
| Taxes Rev And Expnss | $35,886 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $3,345 | TaxesNetInvstIncmAmt |
| Other Expenses Rev And Expnss | $32,299 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $32,186 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $15 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $336,910 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $123,531 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $180,740 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $982,954 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $982,954 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,319,864 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $123,531 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,163,694 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $750,618 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $362,377 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $234,912 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $3,273,297 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $3,273,297 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl | $24,387 | AcctRcvblAmt |
| Acct Rcvbl BOY | $7,852 | AcctRcvblBOYAmt |
| Acct Rcvbl EOY | $24,387 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $24,387 | AcctRcvblEOYFMVAmt |
| Corporate Stock BOY | $7,018,463 | CorporateStockBOYAmt |
| Corporate Stock EOY | $6,187,529 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $6,310,931 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $10,668,686 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $9,169,434 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $10,231,364 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $17,929,913 | TotalAssetsBOYAmt |
| Total Assets EOY | $18,654,647 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $19,839,979 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Tot Net Ast Or Fund Balances BOY | $17,929,913 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $18,654,647 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $17,929,913 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $18,654,647 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $17,929,913 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $750,618 | ExcessRevenueOverExpensesAmt |
| Subtotal | $18,680,531 | SubtotalAmt |
| Other Decreases | $25,884 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $18,654,647 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (18 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | How AcquiredHowAcquiredCd |
|---|---|---|---|---|---|---|---|
| 22,126.732 SHS BLACKSTONE REIT | 2022-02-01 | 2023-05-31 | $322,112 | $316,408 | $5,704 | $5,704 | |
| 8,574.843 SHS BLACKSTONE REIT | 2022-02-01 | 2023-06-30 | $125,194 | $122,618 | $2,576 | $2,576 | |
| 14,922.996 SHS BLACKSTONE REIT | 2022-02-01 | 2023-07-31 | $219,147 | $213,396 | $5,751 | $5,751 | |
| 12,074.608 SHS BLACKSTONE REIT | 2022-02-01 | 2023-08-31 | $178,856 | $172,664 | $6,192 | $6,192 | |
| 4,699.740 SHS BLACKSTONE REIT | 2022-02-01 | 2023-09-29 | $69,997 | $67,205 | $2,792 | $2,792 | |
| 6,511.199 SHS BLACKSTONE REIT | 2022-02-01 | 2023-10-31 | $96,448 | $93,109 | $3,339 | $3,339 | |
| 3,387.940 SHS BLACKSTONE REIT | 2023-11-30 | $49,499 | $50,017 | -$518 | -$518 | ||
| 281.874 SHS BLACKSTONE REIT | 2023-12-29 | $4,039 | $4,196 | -$157 | -$157 | ||
| 605.353 SHS BLACKSTONE REIT | 2023-12-29 | $8,673 | $8,950 | -$277 | -$277 | ||
| CAPITAL GAIN DIVIDENDS | $12,374 | P | |||||
| CAPITAL GAIN DIVIDENDS | $12,374 | P | |||||
| CAPITAL GAIN DIVIDENDS | $12,374 | P | |||||
| CAPITAL GAIN DIVIDENDS | $12,374 | P | |||||
| CAPITAL GAIN DIVIDENDS | $12,374 | P | |||||
| CAPITAL GAIN DIVIDENDS | $12,374 | P | |||||
| CAPITAL GAIN DIVIDENDS | $12,374 | P | |||||
| CAPITAL GAIN DIVIDENDS | $12,374 | P | |||||
| CAPITAL GAIN DIVIDENDS | $12,374 | P |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -$16,392 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $5,037 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $5,037 | SubtotalAmt |
| Tax Based On Investment Income | $5,037 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $19,468 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Total Payments And Credits | $19,468 | TotalPaymentsAndCreditsAmt |
| Overpayment | $14,431 | OverpaymentAmt |
| Applied To ES Tax | $14,431 | 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 | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (true) | Form990TFiledInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | IL | 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 |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SHERI KOLE | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 7323716978 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 111 SALEM AVENUE | AddressLine1Txt |
| City | SPRING LAKE | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07762 | 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 |
| Undistr Incm Sect4942a2 Not App | false | UndistrIncmSect4942a2NotAppInd |
| 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 | Yes (true) | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Transactions Fail To Qlfy As Exc | 0 | TransactionsFailToQlfyAsExcInd |
| Maintained Expenditure Rspns | Yes (true) | MaintainedExpenditureRspnsInd |
| 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 |
|---|---|---|---|---|---|---|---|---|
| DALE LEIBOWITZ | ||||||||
| FOLEY 777 E WISCONSIN AVE | MILWAUKEE | WI | 532025306 | TRUSTEE | 1.0 | $0 | $0 | $0 |
| SHERI KOLE | ||||||||
| 111 SALEM AVENUE | SPRING LAKE | NJ | 07762 | TRUSTEE | 1.0 | $0 | $0 | $0 |
| LMF VENTURE LLC | ||||||||
| 111 SALEM AVENUE | SPRING LAKE | NJ | 07762 | MANAGER | 2.0 | $152,996 | $0 | $0 |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | DONATIONS TO TAX-EXEMPT CHARITABLE ORGANIZATIONS AS REPORTED IN PART XIV. | Description1Txt |
| Expenses1 | $982,954 | Expenses1Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sum Of Program Related Invst | SumOfProgramRelatedInvstGrp |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $17,771,146 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $299,625 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $18,070,771 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $18,070,771 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $271,062 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $17,799,709 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $889,985 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $889,985 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $5,037 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $5,037 | TotalTaxAmt |
| Distributable Before Adj | $884,948 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $884,948 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $884,948 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,163,694 | 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 | $1,163,694 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $884,948 | 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 Yr5 | $496,989 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $16,857 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr2 | $617,571 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $352,625 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $1,484,042 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $1,163,694 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Current Year | $884,948 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $278,746 | RemainingDistriFromCorpusAmt |
| Total Corpus | $1,762,788 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov From Yr5 | $496,989 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $1,265,799 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $16,857 | ExcessFromYear4Amt |
| Excess From Year2 | $617,571 | ExcessFromYear2Amt |
| Excess From Year1 | $352,625 | ExcessFromYear1Amt |
| Excess From Current Year | $278,746 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (2 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| PRL KEYSTONE FOUNDATION | |||||||
| 6580 MONOMA DRIVE SUITE 1035 | MADISON | WI | 53716 | NONE | PF | GENERAL OPERATIONS | $757,954 |
| BT FARMS FOUNDATION | |||||||
| 7451 FANKHAUSER ROAD | MADISON | WI | 53704 | NONE | PC | GENERAL OPERATIONS | $225,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $982,954 | 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $1,396 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $462,104 | 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) |
|---|---|---|
| Business | 523900 | BusinessCd |
| Unrelated Business Taxbl Incm | $4,887 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | 18 | ExclusionCd |
| Exclusion | -$21,279 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Other Revenue Described OtherRevenueDescribedGrp (4 entries)
| DescDesc | BusinessBusinessCd | Unrelated Business Taxbl IncmUnrelatedBusinessTaxblIncmAmt | ExclusionExclusionCd | ExclusionExclusionAmt |
|---|---|---|---|---|
| ARROWMARK INC OPP FD QP - ORDINARY & OTHER INC | 900099 | $1,253 | 18 | -$1,075 |
| OAKTREE GLOBAL CREDIT FD - PORTFOLIO INC | 18 | -$1,312 | ||
| AG DIRECT LENDING FD III - ORDINARY & OTHER INC | 900099 | $21,269 | 18 | $17,807 |
| CANYON CLO III - PORTFOLIO INC | 18 | $6,988 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $27,409 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $464,629 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $492,038 | 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 |
|---|---|---|---|---|---|---|
| SHELDON L LEIBOWITZ CHARITABLE LEAD | ||||||
| 1 | PO BOX 1709 | DEERFIELD | IL | 60015 | $1,413,444 | Yes (X) |
| DALE LEIBOWITZ | ||||||
| 2 | C/O FOLEY LARDNER 777 E WISCONSIN | MILWAUKEE | WI | 532025306 | $165,000 | Yes (X) |
Depreciation Schedule DepreciationSchedule
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (3 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| EXCHANGE TRADED FUNDS (ETFS) | $1,384,725 | $1,672,132 |
| MUTUAL FUNDS | $4,411,365 | $3,981,475 |
| STOCKS | $391,439 | $657,324 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (13 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| AG DIRECT LENDING FUND III LP | AT COST | $443,688 | $454,423 |
| ARROWMARK CLO EQUITY STRAT LP | AT COST | $473,173 | $617,141 |
| ARROWMARK GLOBAL III | AT COST | $440,859 | $713,495 |
| ARROWMARK INCOME OPP FD QP LP | AT COST | $765,312 | $743,677 |
| BLACKSTONE REIT | AT COST | $11,342 | $23,640 |
| CANYON CLO FUND III LP | AT COST | $646,368 | $654,363 |
| CROSBY STREET OFFSHORE FD | AT COST | $2,000,000 | $2,168,910 |
| ECAM PARTNERS FUND | AT COST | $2,019,806 | $2,321,471 |
| GOLUB CAPITAL PTNRS INT'L 14 | AT COST | $598,397 | $696,500 |
| HPS EURO ASSET VALUE FD II | AT COST | $473,542 | $566,182 |
| OAKTREE GLOBAL CREDIT FD LP | AT COST | ||
| ROSE AFF HOUSING PRS FD V REIT | AT COST | $750,807 | $672,760 |
| THOMA BRAVO CREDIT FD II | AT COST | $546,140 | $598,802 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | FOLEY & LARDNER LLP | CategoryTxt |
| Legal Fees | $27,729 | LegalFeesAmt |
| Disbursements Charitable Prps | $27,729 | DisbursementsCharitablePrpsAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | BOOK TO TAX COST ADJUSTMENTS | Desc |
| Amt | $25,884 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (4 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| ILLINOIS ANNUAL FILING FEE | $115 | $15 | |
| BANK FEES | -$100 | ||
| PORTFOLIO DEDUCTIONS (SCH K-1) | $32,186 | $32,186 | |
| OTHER | $98 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (4 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| ARROWMARK INCOME OPP FUND QP LP(SCH K-1) | $178 | -$1,075 |
| OAKTREE GLOBAL CREDIT FUND LP (SCH K-1) | -$1,312 | -$1,312 |
| AG DIRECT LENDING FUND III LP (SCH K-1) | $39,076 | $17,807 |
| CANYON CLO III (SCH K-1) | $6,988 | $6,988 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | MANAGEMENT FEES | CategoryTxt |
| Amt | $88,000 | Amt |
| Net Investment Income | $88,000 | NetInvestmentIncomeAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (5 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| FOREIGN TAXES PAID | $3,345 | $3,345 |
| EXCISE TAX PAYMENT | $25,000 | |
| FORM 990-T TAX PAYMENT | $6,700 | |
| TAX WITHHELD (SCH K-1) | $566 | |
| STATE UBTI TAX | $275 |
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