KISLAK FAMILY FOUNDATION INC: Form 990PF, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- KISLAK FAMILY FOUNDATION INC (EIN 65-0350930)
- Tax period
- 2020-01-01 to 2020-12-31
- Filed
- 2023-01-25
- IRS object ID
- 202330259349100118
- Schema version
- 2020v4.1
- 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
- All Oth Prog Rltd Investments Sch
- Contractor Compensation Expln
- Depreciation Schedule
- Investments Other Schedule2
- Legal Fees Schedule
- Other Assets 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 | 2023-01-25T16:06:53-06:00 | ReturnTs |
| Tax Period End | 2020-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BERKOWITZ POLLACK BRANT | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 200 S BISCAYNE BLVD 7th FL | AddressLine1Txt |
| City | MIAMI | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33131 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2020-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 650350930 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Kislak Family Foundation Inc | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % THOMAS BARTELMO | InCareOfNm |
| Business Name Control | KISL | BusinessNameControlTxt |
| Phone | 3053644106 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 7900 Miami Lakes Drive WEST | AddressLine1Txt |
| City | Miami Lakes | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33016 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | THOMAS BARTELMO | PersonNm |
| Person Title | TRUSTEE | PersonTitleTxt |
| Phone | 3053644106 | PhoneNum |
| Signature | 2021-11-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | THOMAS | PersonFirstNm |
| Person Last | BARTELMO | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Adam Cohen CPA | PreparerPersonNm |
| PTIN | P00541985 | PTIN |
| Phone | 3053797000 | PhoneNum |
| Preparation | 2021-11-15 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2020 | TaxYr |
| Build TS | 2023-03-07 01:45:13Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amended Return | Yes (X) | AmendedReturnInd |
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $136,832,339 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $66,765,547 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $2,002 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $2,002 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $1,204,399 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $1,204,399 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $2,591,375 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $15,055,335 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $2,591,375 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $1,480,303 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $1,251,903 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $72,043,626 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $5,049,679 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $560,538 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $92,308 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $468,230 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $256,758 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $51,352 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $205,403 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $96,844 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $19,369 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $0 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $77,475 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $8,036 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $4,018 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $4,017 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $472,300 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $454,300 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $18,000 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $79,352 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $1,341 | TaxesNetInvstIncmAmt |
| Trav Conf Meeting Rev And Expnss | $4,653 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $4,653 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $198,355 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $153,400 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $40,055 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $1,676,836 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $776,088 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $817,833 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $6,161,208 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $6,161,208 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $7,838,044 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $776,088 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $6,979,041 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $64,205,582 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $4,273,591 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $58,361 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $482,379 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $482,379 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl | $43,954 | AcctRcvblAmt |
| Acct Rcvbl BOY | $0 | AcctRcvblBOYAmt |
| Acct Rcvbl EOY | $43,954 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $43,954 | AcctRcvblEOYFMVAmt |
| Other Investments BOY | $61,276,914 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $115,229,970 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $115,229,970 | OtherInvestmentsEOYFMVAmt |
| Other Assets BOY | $18,571 | OtherAssetsBOYAmt |
| Other Assets EOY | $21,076,036 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $21,076,036 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $61,353,846 | TotalAssetsBOYAmt |
| Total Assets EOY | $136,832,339 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $136,832,339 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $176,804 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $345,318 | AccountsPayableEOYAmt |
| Total Liabilities BOY | $176,804 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $345,318 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Additional Paid In Capital BOY | $55,027,835 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $121,793,381 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $6,149,207 | RetainedEarningBOYAmt |
| Retained Earning EOY | $14,693,640 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $61,177,042 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $136,487,021 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $61,353,846 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $136,832,339 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $61,177,042 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $64,205,582 | ExcessRevenueOverExpensesAmt |
| Other Increases | $11,104,397 | OtherIncreasesAmt |
| Subtotal | $136,487,021 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $136,487,021 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (4 entries)
| PropertyPropertyDesc | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | How AcquiredHowAcquiredCd |
|---|---|---|---|---|---|
| CHARLES SCHWAB 6485 - SHORT TERM STMT 1 | $5,300,815 | $5,411,259 | -$110,444 | -$110,444 | |
| CHARLES SCHWAB 6485 - LONG TERM STMT 1 | $7,546,015 | $7,052,701 | $493,314 | $493,314 | |
| CAPITAL GAIN DIVIDENDS | $803,963 | P | |||
| CAPITAL GAIN DIVIDENDS | $803,963 | P |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $2,591,375 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $59,403 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $59,403 | SubtotalAmt |
| Tax Based On Investment Income | $59,403 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $84,576 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Backup Withholding Withheld | $115,636 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $200,212 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $245 | EsPenaltyAmt |
| Overpayment | $140,564 | OverpaymentAmt |
| Applied To ES Tax | $140,564 | 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 | FL | 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 |
| Website Address | KISLAKFAMILYFOUNDATION.ORG | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THOMAS BARTELMO | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 3053644106 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 7900 MIAMI LAKES DRIVE WEST | AddressLine1Txt |
| City | MIAMI LAKES | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33016 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | Yes (true) | ForeignAccountsQuestionInd |
| Foreign Country | CJ | ForeignCountryCd |
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 | Yes (true) | 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 |
| Business Holdings | Yes (true) | BusinessHoldingsInd |
| Excess Business Holdings | false | ExcessBusinessHoldingsInd |
| 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 |
| Proceeds Or Net Income | false | ProceedsOrNetIncomeInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | Yes (true) | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (5 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 |
|---|---|---|---|---|---|---|---|---|
| PAULA A KISLAK | ||||||||
| 545 HODGES LANE | SANTA BARBARA | CA | 93108 | PRESIDENT/DIRECTOR/TRUSTEE | 8.0 | $45,000 | $0 | $0 |
| PHILIP T KISLAK | ||||||||
| 10370 E WAYNE MOODY LANE | TUCSN | AZ | 85747 | VICE PRESIDENT/DIRECTOR/TRUSTE | 1.0 | $0 | $0 | $0 |
| THOMAS BARTELMO | ||||||||
| 7900 Miami Lakes Drive West | Miami Lakes | FL | 33016 | TREASURER/DIRECTOR/TRUSTEE | 32.0 | $461,538 | $0 | $0 |
| JOHN LOMBARDI | ||||||||
| 115 Amherst Road | Pelham | MA | 01002 | DIRECTOR/TRUSTEE | 10.0 | $54,000 | $0 | $0 |
| ALICIA ASENCIO | ||||||||
| 7900 MIAMI LAKES DRIVE WEST | MIAMI LAKES | FL | 33016 | SECRETARY | 1.0 | $0 | $0 | $0 |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SCHULTE ROTH & ZABEL LLP | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 11839 | AddressLine1Txt |
| City | NEWARK | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07101 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | LEGAL | ServiceTypeTxt |
| Compensation | $55,054 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Summary Of Direct Chrtbl Acty | SummaryOfDirectChrtblActyGrp |
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 | $87,258,769 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $309,048 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $118,306 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $87,686,123 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $87,686,123 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $1,315,292 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $86,370,831 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $4,318,542 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $4,318,542 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $59,403 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $59,403 | TotalTaxAmt |
| Distributable Before Adj | $4,259,139 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $4,259,139 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $4,259,139 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $6,979,041 | 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 | $6,979,041 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $6,979,041 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $4,259,139 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Prior Year1 | 2018 | PriorYear1Yr |
| Prior Year2 | 2017 | PriorYear2Yr |
| Prior Year3 | 2016 | PriorYear3Yr |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr3 | $181,863 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr1 | $1,981,983 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $2,163,846 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $6,979,041 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Current Year | $4,259,139 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $2,719,902 | RemainingDistriFromCorpusAmt |
| Total Corpus | $4,883,748 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $4,883,748 | ExcessDistriCyovToNextYrAmt |
| Excess From Year3 | $181,863 | ExcessFromYear3Amt |
| Excess From Year1 | $1,981,983 | ExcessFromYear1Amt |
| Excess From Current Year | $2,719,902 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | NONE | ContributingManagerNm |
| Shareholder Manager | NONE | ShareholderManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SEE attached schedule 2 | BusinessNameLine1Txt |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2801 SW 12th St | AddressLine1Txt |
| City | FT LAUDERDALE | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33312 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Relationship | NONE | RecipientRelationshipTxt |
| Recipient Foundation Status | PC | RecipientFoundationStatusTxt |
| Grant Or Contribution Purpose | CHARITY | GrantOrContributionPurposeTxt |
| Amt | $6,161,208 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $6,161,208 | 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 | $2,002 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $1,204,399 | 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 Incm Part VII | OtherInvestmentIncmPartVIIGrp |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $2,591,375 | 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PASS THROUGH GAINS FROM PARTNERSHIPS | Desc |
| Business | 532000 | BusinessCd |
| Unrelated Business Taxbl Incm | $223,766 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | 18 | ExclusionCd |
| Exclusion | $1,256,537 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $223,766 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $5,054,313 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $5,278,079 | 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 |
|---|---|---|---|---|---|---|---|
| JAY I KISLAK REV TR DTD 022406 ES | |||||||
| 1 | 7900 MIAMI LAKES DRIVE WEST | MIAMI LAKES | FL | 33016 | $62,955,844 | Yes (X) | Yes (X) |
| JI KISLAK FOUNDATION | |||||||
| 2 | 7900 MIAMI LAKES DRIVE WEST | MIAMI LAKES | FL | 33016 | $3,809,703 | Yes (X) | Yes (X) |
Non Cash Property Contribution NonCashPropertyContributionGrp (16 entries)
| ContributorContributorNum | Noncash PropertyNoncashPropertyDesc | Fair Market ValueFairMarketValueAmt | ReceivedReceivedDt |
|---|---|---|---|
| 1 | ARTWORK | $20,596,042 | 2020-10-30 |
| 1 | VARIOUS SECURITIES | $1,752,302 | 2020-03-31 |
| 1 | PARTNERSHIP INTEREST: COLONIAL MANAGEMENT GROUP EIN:06-1493150 | $7,081,000 | 2020-01-01 |
| 1 | PARTNERSHIP INTEREST: GLOUSTON PRIVATE EQUITY OPPORTUNITIES III, LP EIN: 20-8087957 | $84,011 | 2020-01-01 |
| 1 | CORPORATE INTEREST: KYMETA CORPORATION | $350,000 | 2020-01-01 |
| 1 | PARTNERSHIP INTEREST: LPC HARVEST, LP EIN: 81-1357058 | $257,863 | 2020-01-01 |
| 1 | PARTNERSHIP INTEREST: MERCER PRIVATE INVESTMENT PARTNERS IV, LP EIN: 32-0460622 | $1,059,584 | 2020-01-01 |
| 1 | PARTNERSHIP INTEREST: ARES ICOF III FUND (DELAWARE) LP EIN: 37-1794226 | $1,136,802 | 2020-03-31 |
| 1 | PARTNERSHIP INTEREST: AB ENERGY OPPORTUNITY FUND LP EIN: 81-0785810 | $211,284 | 2020-06-30 |
| 1 | PARTNERSHIP INTEREST: FRONTRANGE MILAUS LP EIN: 82-2706954 | $253,413 | 2020-06-30 |
| 1 | PARTNERSHIP INTEREST: FRONTRANGE PROPERTY FUND II LP EIN:65-0350930 | $370,962 | 2020-06-30 |
| 1 | PARTNERSHIP INTEREST: CHERRY GROVE LTD EIN: 59-1229099 | $2,388,000 | 2020-07-31 |
| 1 | CORPORATE INTEREST: 8BASE INC | $50,000 | 2020-12-04 |
| 2 | PARTNERSHIP INTEREST: MERCER PRIVATE INVESTMENT PARTNERS III LP EIN: 38-3895407 | $326,287 | 2020-06-30 |
| 2 | VARIOUS SECURITIES | $1,855,987 | 2020-06-30 |
| 2 | ARTWORK | $1,236,741 | 2020-06-30 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $8,036 | Amt |
| Net Investment Income | $4,018 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $4,017 | DisbursementsCharitablePrpsAmt |
All Oth Prog Rltd Investments Sch AllOthProgRltdInvestmentsSch
All Other Program Related Invst AllOtherProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | NONE | Desc |
Contractor Compensation Expln ContractorCompensationExpln
Contractor Comp Expln ContractorCompExplnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Person | SCHULTE ROTH ZABEL LLP | ContractorPersonNm |
| Explanation | LEGAL SERVICES | ExplanationTxt |
Depreciation Schedule DepreciationSchedule
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (22 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| CHARLES SCHWAB (5099-6485) | AT COST | $78,437,818 | $78,437,818 |
| COLONIAL MANAGEMENT GROUP | AT COST | $11,452,851 | $11,452,851 |
| AB ENERGY OPPORTUNITY FUND LP | AT COST | $245,005 | $245,005 |
| MERCER PRIVATE INV III | AT COST | $2,377,847 | $2,377,847 |
| MERCER PRIVATE INV IV | AT COST | $2,629,577 | $2,629,577 |
| ARES ICOF III FUND LP | AT COST | $1,117,299 | $1,117,299 |
| BERNSTEIN | AT COST | $7,523,171 | $7,523,171 |
| FIDELITY | AT COST | $0 | $0 |
| 5TH AVE PRIVATE EQUITY 9 | AT COST | $819,072 | $819,072 |
| 5TH AVE PRIVATE EQUITY 12 | AT COST | $1,003,517 | $1,003,517 |
| 5TH AVE PRIVATE EQUITY 13 | AT COST | $950,409 | $950,409 |
| LINDSAY GOLDBERG IV - PCF LP | AT COST | $815,458 | $815,458 |
| BESSEMER | AT COST | $729,723 | $729,723 |
| NAUTILUS CAPITAL PARTNERS | AT COST | $1,978,070 | $1,978,070 |
| GLOUSTON PRIVATE EQUITIES III | AT COST | $95,509 | $95,509 |
| KYMETA CORP | $298,000 | $298,000 | |
| LPC HARVEST LP | $99,175 | $99,175 | |
| ARES ICOF (DE) | $1,704,680 | $1,704,680 | |
| CHERRY GROVE LTD | $2,263,000 | $2,263,000 | |
| 8BASE INC | $50,000 | $50,000 | |
| FRONTRANGE PROPERTY FUND II | $383,669 | $383,669 | |
| FRONTRANGE MILHAUS LP | $256,120 | $256,120 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | CategoryTxt |
| Legal Fees | $96,844 | LegalFeesAmt |
| Net Investment Income | $19,369 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $77,475 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (5 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| PREPAID INSURANCE | $571 | $942 | $942 |
| PREPAID TAXES | $15,000 | $73,569 | $73,569 |
| DEPOSITS | $3,000 | $1,450 | $1,450 |
| ART & ARTIFACTS | $0 | $16,150,555 | $16,150,555 |
| BOOKS & MAPS | $0 | $4,849,520 | $4,849,520 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (17 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| BUSINESS MEALS | $22 | $11 | $11 |
| PARTNERSHIP LOSSES | $131,416 | $126,782 | |
| TEMP HELP | $1,300 | $260 | $1,040 |
| PAYROLL TAXES | $23,948 | $4,790 | $19,158 |
| EMPLOYEE INSURANCE | $7,691 | $1,538 | $6,153 |
| WORKERS COMP INS | $779 | $156 | $623 |
| EMPLOYEE EXPENSES | $145 | $29 | $116 |
| CORPORATE MARKETING | $8,000 | $1,600 | $6,400 |
| OFFICE EXP | $200 | $40 | $160 |
| POSTAGE & COURIER | $176 | $35 | $141 |
| PAYROLL SERVICE | $1,442 | $288 | $1,154 |
| LICENSE & FILING FEES | $151 | $30 | $121 |
| BANK CHARGES | $25 | $25 | |
| CUSTODY FEES - ADR | $3,165 | $3,165 | |
| PARTNERSHIP EXPENSES | $13,407 | $13,407 | |
| GENERAL INSURANCE | $6,222 | $1,244 | $4,978 |
| PENALTIES | $266 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (11 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| OTHER INCOME | $21,679 | $13,316 |
| PARTNERSHIP INCOME - AB ENERGY OPPORTUNI | $17,295 | $17,295 |
| PARTNERSHIP INCOME - MERCER PRIVATE III | $33,408 | $22,270 |
| PARTNERSHIP INCOME - ARES ICOF III | $80,826 | $80,826 |
| PARTNERSHIP INCOME - 5TH AVE PRIVATE 9 | $3,321 | $3,321 |
| PARTNERSHIP INCOME - 5TH AVE PRIVATE 13 | $14,049 | $7,895 |
| PARTNERSHIP INCOME - LINDSAY GOLDBERG IV | $16,560 | $4,708 |
| PARTNERSHIP INCOME - GLOUSTON III | $1,485 | $1,485 |
| PARTNERSHIP INCOME - COLONIAL MANAGEMENT | $1,021,389 | $1,021,389 |
| PARTNERSHIP INCOME - ARE ICOF III | $55,415 | $55,415 |
| PARTNERSHIP INCOME - CHERRY GROVE | $214,876 | $23,983 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | UNREALIZED GAINS | Desc |
| Amt | $11,104,397 | Amt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| CONSULTING FEES | $18,000 | $18,000 | |
| INVESTMENT FEES | $454,300 | $454,300 |
Substantial Contributors Sch SubstantialContributorsSch
Substantial Contributor Detail SubstantialContributorDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | J I KISLAK FOUNDATION | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 7900 MIAMI LAKES DRIVE WEST | AddressLine1Txt |
| City | MIAMI LAKES | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33016 | ZIPCd |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| FEDERAL EXCISE TAX | $77,416 | |
| STATE TAXES | $595 | |
| FOREIGN TAXES | $1,341 | $1,341 |
Comments