STEVEN AND BEVERLY RUBENSTEIN CHARITABLE FOUNDATION INC: Form 990PF, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- STEVEN AND BEVERLY RUBENSTEIN CHARITABLE FOUNDATION INC (EIN 20-0223308)
- Tax period
- 2021-01-01 to 2021-12-31
- Filed
- 2023-02-15
- IRS object ID
- 202300469349101405
- Schema version
- 2021v4.2
- 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
- All Oth Prog Rltd Investments Sch
- Applied To Prior Year Election
- Depreciation Schedule
- Distribution From Corpus Election
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Land Etc Schedule2
- Other Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-02-15T16:02:45-06:00 | ReturnTs |
| Tax Period End | 2021-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 223006104 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MADDALONI NYDICK & KEENAN PC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 30 COLUMBIA TURNPIKE | AddressLine1Txt |
| City | FLORHAM PARK | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07932 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2021-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 200223308 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | STEVEN AND BEVERLY RUBENSTEIN CHARITABLE | BusinessNameLine1Txt |
| Business Name Line2 | FOUNDATION INC | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | STEV | BusinessNameControlTxt |
| Phone | 9739340701 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 7352 HORIZON DRIVE | AddressLine1Txt |
| City | WEST PALM BEACH | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33412 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ANDREW RUBENSTEIN | PersonNm |
| Person Title | TRUSTEE | PersonTitleTxt |
| Phone | 9739340701 | PhoneNum |
| Signature | 2023-02-08 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | ANDREW | PersonFirstNm |
| Person Last | RUBENSTEIN | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | PHILIP KEENAN | PreparerPersonNm |
| PTIN | P00085628 | PTIN |
| Phone | 9738228080 | PhoneNum |
| Preparation | 2023-02-08 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 3 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2021 | TaxYr |
| Build TS | 2023-03-07 01:45:13Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $26,926,939 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Dividends Rev And Expnss | $467,327 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $467,327 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $1,436,644 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $6,186,385 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $1,436,644 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | -$16,534 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | -$16,534 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $1,887,437 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $1,887,437 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $101,250 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Taxes Rev And Expnss | $28,069 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $28,069 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $494 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $494 | DeprecAndDpltnNetInvstIncmAmt |
| Trav Conf Meeting Rev And Expnss | $644 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $644 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $0 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $109,099 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $109,099 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $0 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $239,556 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $138,306 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $1,873,500 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $1,873,500 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $2,113,056 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $138,306 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,873,500 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$225,619 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $1,749,131 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $1,570,986 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $1,311,758 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $1,311,758 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $21,908,450 | CorporateStockBOYAmt |
| Corporate Stock EOY | $22,758,094 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $22,758,094 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $1,536,264 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $1,637,731 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $1,637,731 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $1,282,849 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $1,217,699 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $1,217,699 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $2,948 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $1,291 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $2,151 | LandBOYAmt |
| Land EOY | $1,657 | LandEOYAmt |
| Land EOYFMV | $1,657 | LandEOYFMVAmt |
| Other Assets BOY | $900 | OtherAssetsBOYAmt |
| Other Assets EOY | $0 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $0 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $26,301,600 | TotalAssetsBOYAmt |
| Total Assets EOY | $26,926,939 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $26,926,939 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $26,301,600 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $26,926,939 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $26,301,600 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $26,926,939 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $26,301,600 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $26,926,939 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $26,301,600 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$225,619 | ExcessRevenueOverExpensesAmt |
| Other Increases | $850,958 | OtherIncreasesAmt |
| Subtotal | $26,926,939 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $26,926,939 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (11 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|
| THROUGH MORGAN STANLEY 066682 | P | $17,019 | $16,886 | $133 | $133 |
| THROUGH MORGAN STANLEY 066682 | P | $995,413 | $974,389 | $21,024 | $21,024 |
| THROUGH MORGAN STANLEY 066683 | P | $45,027 | $775,374 | -$730,347 | -$730,347 |
| THROUGH MORGAN STANLEY 066683 | P | $2,402,542 | $1,108,231 | $1,294,311 | $1,294,311 |
| THROUGH MORGAN STANLEY 066683 | P | $160 | $160 | $0 | $0 |
| THROUGH MORGAN STANLEY 068987 | P | $26,637 | $28,703 | -$2,066 | -$2,066 |
| THROUGH MORGAN STANLEY 068987 | P | $314,485 | $219,414 | $95,071 | $95,071 |
| THROUGH BNY 10571917700 | P | $764,539 | $675,622 | $88,917 | $88,917 |
| THROUGH BNY 10571917700 | P | $1,259,477 | $950,962 | $308,515 | $308,515 |
| VARIOUS ORGANIZATIONS-SEE SCHEDULE | P | $7,893 | $7,893 | $7,893 | |
| CAPITAL GAINS DIVIDENDS | P | $353,193 | $353,193 | $353,193 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $1,436,644 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $24,313 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $24,313 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $24,313 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $24,604 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $24,604 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $291 | OverpaymentAmt |
| Applied To ES Tax | $291 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | NJ | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ANDREW RUBENSTEIN | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 9739340701 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 7352 HORIZON DRIVE | AddressLine1Txt |
| City | WEST PALM BEACH | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33412 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | 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 |
|---|---|---|---|---|---|---|---|---|
| BEVERLY RUBENSTEIN | ||||||||
| 7352 HORIZON DRIVE | WEST PALM BEACH | FL | 33412 | TRUSTEE | 8.00 | $22,500 | $0 | $0 |
| ANDREW RUBENSTEIN | ||||||||
| 7352 HORIZON DRIVE | WEST PALM BEACH | FL | 33412 | TRUSTEE | 25.00 | $56,250 | $0 | $0 |
| BARRY MANDELBAUM | ||||||||
| 7352 HORIZON DRIVE | WEST PALM BEACH | FL | 33412 | TRUSTEE | 2.00 | $22,500 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | N/A | Description1Txt |
| Expenses1 | $0 | Expenses1Amt |
| Description2 | N/A | Description2Txt |
| Expenses2 | $0 | Expenses2Amt |
| Description3 | N/A | Description3Txt |
| Expenses3 | $0 | Expenses3Amt |
| Description4 | N/A | Description4Txt |
| Expenses4 | $0 | Expenses4Amt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | N/A | Description1Txt |
| Expenses1 | $0 | Expenses1Amt |
| All Other Program Rltd Invst Tot | $0 | AllOtherProgramRltdInvstTotAmt |
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $23,920,270 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $1,441,372 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $1,250,274 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $26,611,916 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $26,611,916 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $399,179 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $26,212,737 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $1,310,637 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $1,310,637 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $24,313 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $24,313 | TotalTaxAmt |
| Distributable Before Adj | $1,286,324 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $1,286,324 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $1,286,324 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,873,500 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $1,873,500 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $1,286,324 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $430,373 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $375,222 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $517,531 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $324,118 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $474,931 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $2,122,175 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $1,873,500 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $1,286,324 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $587,176 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $2,709,351 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $430,373 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $2,278,978 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $375,222 | ExcessFromYear4Amt |
| Excess From Year3 | $517,531 | ExcessFromYear3Amt |
| Excess From Year2 | $324,118 | ExcessFromYear2Amt |
| Excess From Year1 | $474,931 | ExcessFromYear1Amt |
| Excess From Current Year | $587,176 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Shareholder Manager | BEVERLY RUBENSTEIN | ShareholderManagerNm |
| Shareholder Manager | ANDREW RUBENSTEIN | ShareholderManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (14 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| ALZHEIMER'S ASSOCIATION | |||||||
| 225 N MICHIGAN AVENUE FL 17 | CHICAGO | IL | 60601 | NONE | PUBLIC CHARITY | DONATION | $2,000 |
| AMERICAN SOCIETY FOR TECHNION ISRAEL | |||||||
| 55 EAST 59TH STREET | NEW YORK | NY | 10022 | NONE | PUBLIC CHARITY | DONATION | $240,000 |
| EMPLOYMENT HORIZONS INC | |||||||
| 10 RIDGEDALE AVENUE | CEDAR KNOLLS | NJ | 07927 | NONE | PUBLIC CHARITY | DONATION | $1,000 |
| GIFT OF LIFE BONE MARROW FOUNDATION | |||||||
| 800 YAMATO ROAD SUITE 101 | BOCA RATON | FL | 33431 | NONE | PUBLIC CHARITY | DONATION | $30,000 |
| GOTTESMAN RTW ACADEMY | |||||||
| 146 DOVER CHESTER ROAD | RANDOLPH | NJ | 07869 | NONE | PUBLIC CHARITY | DONATION | $250,000 |
| JEWISH SERVICE FOR THE DEVELOPMENTALLY DISABLED | |||||||
| 270 PLEASANT VALLEY WAY | WEST ORANGE | NJ | 07052 | NONE | PUBLIC CHARITY | DONATION | $500,000 |
| JOSEPH KUSHNER HEBREW ACADEMY | |||||||
| 110 S ORANGE AVENUE | LIVINGSTON | NJ | 07039 | NONE | PUBLIC CHARITY | DONATION | $20,000 |
| MORRISTOWN MEMORIAL HEALTH FOUNDATION | |||||||
| 475 SOUTH STREET FIRST FLOOR | MORRISTOWN | NJ | 07960 | NONE | PUBLIC CHARITY | DONATION | $10,000 |
| NEW JERSEY PERFORMING ARTS CENTER CORPORATION | |||||||
| ONE CENTER STREET | NEWARK | NJ | 07102 | NONE | PUBLIC CHARITY | DONATION | $25,000 |
| NEW KINGDOME TRAILRIDERS | |||||||
| 18929 81ST STREET | SHERRARD | IL | 61281 | NONE | PUBLIC CHARITY | DONATION | $500 |
| OASIS - A HAVEN FOR WOMEN AND CHILDREN | |||||||
| 59 MILL STREET | PATERSON | NJ | 07501 | NONE | PUBLIC CHARITY | DONATION | $20,000 |
| SUMMIT SPEECH SCHOOL | |||||||
| 705 CENTRAL AVENUE | NEW PROVIDENCE | NJ | 07974 | NONE | PUBLIC CHARITY | DONATION | $25,000 |
| THE UNIVERSITY OF VERMONT | |||||||
| 411 MAIN STREET | BURLINGTON | VT | 05401 | NONE | PUBLIC CHARITY | DONATION | $600,000 |
| THE VALERIE FUND | |||||||
| 2101 MILLBURN AVENUE | MAPLEWOOD | NJ | 07040 | NONE | PUBLIC CHARITY | DONATION | $150,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $1,873,500 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $467,327 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business | 901101 | BusinessCd |
| Unrelated Business Taxbl Incm | $1,083,451 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | 14 | ExclusionCd |
| Exclusion | $353,193 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | VARIOUS ORGANIZATIONS-SEE SCHEDULE | Desc |
| Exclusion | 01 | ExclusionCd |
| Exclusion | -$16,534 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $1,083,451 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $803,986 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $1,887,437 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
All Oth Prog Rltd Investments Sch AllOthProgRltdInvestmentsSch
All Other Program Related Invst AllOtherProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | N/A | Desc |
| Amt | $0 | Amt |
Applied To Prior Year Election AppliedToPriorYearElection
| Field | Value | IRS element (for citing) |
|---|---|---|
| Election | PURSUANT TO CODE SECTION 4292(H)(2) AND REGULATION SECTION 53-4942(A)-3(D)(2), STEVEN AND BEVERLY RUBENSTEIN CHARITABLE FOUNDATION, INC., 7352 HORIZON DRIVE, WEST PALM BEACH, FL 33412, EIN: 20-0223308 ELECTS TO TREAT CURRENT YEAR QUALIFYING DISTRIBUTIONS IN EXCESS OF THE IMMEDIATELY PRECEDING TAX YEAR'S UNDISTRIBUTED INCOME AS COMING FROM CORPUS. | ElectionDesc |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp (2 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | Cost Or Other BasisCostOrOtherBasisAmt | Prior Year DepreciationPriorYearDepreciationAmt | Computation MethodComputationMethodTxt | LifeLifeRt | Current Year ExpenseCurrentYearExpenseAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|---|---|---|---|
| FURNITURE | 2019-01-09 | $1,680 | $480 | SL | 7.000000000000 | $240 | $240 |
| COMPUTER | 2019-09-20 | $1,268 | $317 | SL | 5.000000000000 | $254 | $254 |
Distribution From Corpus Election DistributionFromCorpusElection
| Field | Value | IRS element (for citing) |
|---|---|---|
| Election | PURSUANT TO CODE SECTION 4292(H)(2) AND REGULATION SECTION 53-4942(A)-3(D)(2), STEVEN AND BEVERLY RUBENSTEIN CHARITABLE FOUNDATION, INC., 7352 HORIZON DRIVE, WEST PALM BEACH, FL 33412, EIN: 20-0223308 ELECTS TO TREAT CURRENT YEAR QUALIFYING DISTRIBUTIONS IN EXCESS OF THE IMMEDIATELY PRECEDING TAX YEAR'S UNDISTRIBUTED INCOME AS COMING FROM CORPUS. | ElectionDesc |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (2 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| MORGAN STANLEY SMITH BARNEY INVESTMENTS | $234,250 | $234,250 |
| BNY MELLON | $1,403,481 | $1,403,481 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (2 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| MORGAN STANLEY SMITH BARNEY INVESTMENTS | $16,717,962 | $16,717,962 |
| BNY MELLON | $6,040,132 | $6,040,132 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | PARTNERSHIP AND OTHER INVESTMETNS | CategoryOrItemTxt |
| Listed At Cost Or FMV | FMV | ListedAtCostOrFMVCd |
| Book Value | $1,217,699 | BookValueAmt |
| EOYFMV | $1,217,699 | EOYFMVAmt |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp (2 entries)
| Category Or ItemCategoryOrItemTxt | Cost Or Other BasisCostOrOtherBasisAmt | Accumulated DepreciationAccumulatedDepreciationAmt | Book ValueBookValueAmt |
|---|---|---|---|
| FURNITURE | $1,680 | $720 | $960 |
| COMPUTER | $1,268 | $571 | $697 |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | SECURITY DEPOSIT | Desc |
| BOY Book Value | $900 | BOYBookValueAmt |
| EOY Book Value | $0 | EOYBookValueAmt |
| EOYFMV | $0 | EOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| SERVICE AND ADVISORY FEES | $96,764 | $96,764 | $0 |
| ADMINISTRATIVE EXPENSES | $12,335 | $12,335 | $0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | VARIOUS ORGANIZATIONS-SEE SCHEDULE | Desc |
| Revenue And Expenses Per Books | -$16,534 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | -$16,534 | NetInvestmentIncomeAmt |
| Adjusted Net Income | -$16,534 | AdjustedNetIncomeAmt |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | UNREALIZED GAIN ON INVESTMENTS CARRIED AT MARKET VALUE | Desc |
| Amt | $850,958 | Amt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| FOREIGN TAXES PAID | $8,069 | $8,069 | $0 |
| FEDERAL EXCISE TAX | $20,000 | $20,000 | $0 |