PHILIP CHOSKY CHARITABLE & EDUCATIONAL FOUNDATION: Form 990PF, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- PHILIP CHOSKY CHARITABLE & EDUCATIONAL FOUNDATION (EIN 23-2932969)
- Tax period
- 2021-01-01 to 2021-12-31
- Filed
- 2023-02-08
- IRS object ID
- 202340399349100609
- 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
- Accounting Fees Schedule
- General Explanation Attachment
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Other Assets Schedule
- Other Expenses Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-02-08T14:52:26-06:00 | ReturnTs |
| Tax Period End | 2021-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 251443981 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DAVIS DAVIS & ASSOCIATES | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2740 SMALLMAN STREET SUITE 310 | AddressLine1Txt |
| City | PITTSBURGH | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 15222 | 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 | 232932969 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE PHILIP CHOSKY CHARITABLE & | BusinessNameLine1Txt |
| Business Name Line2 | EDUCATIONAL FOUNDATION | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | PHIL | BusinessNameControlTxt |
| Phone | 4123389030 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1080 SHADY AVENUE | AddressLine1Txt |
| City | PITTSBURGH | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 15232 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MERYL AINSMAN | PersonNm |
| Person Title | EXECUTIVE DIRECTOR | PersonTitleTxt |
| Phone | 4123389030 | 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 | MERYL | PersonFirstNm |
| Person Last | AINSMAN | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | HOWARD D DAVIS | PreparerPersonNm |
| PTIN | P00139470 | PTIN |
| Phone | 4123912226 | 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) |
|---|---|---|
| Address Change | Yes (X) | AddressChangeInd |
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $14,291,235 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Dividends Rev And Expnss | $547,302 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $547,302 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $715,169 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $3,925,673 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $715,169 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $1,262,471 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $1,262,471 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $110,000 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $110,000 | CompOfcrDirTrstDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $4,290 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $4,290 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $1,643 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $0 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $1,643 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $35,792 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $10,311 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $6,291 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $96,554 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $92,189 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $4,365 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $248,279 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $102,500 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $126,589 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $1,368,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $1,368,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,616,279 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $102,500 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,494,589 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$353,808 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $1,159,971 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $49,734 | CashBOYAmt |
| Cash EOY | $43,955 | CashEOYAmt |
| Cash EOYFMV | $43,955 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $847,897 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $1,521,906 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $1,521,906 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $4,174,678 | CorporateStockBOYAmt |
| Corporate Stock EOY | $4,444,878 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $6,308,707 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $1,946,974 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $1,058,461 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $1,106,355 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $4,538,837 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $4,139,648 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $5,292,030 | OtherInvestmentsEOYFMVAmt |
| Other Assets BOY | $22,818 | OtherAssetsBOYAmt |
| Other Assets EOY | $18,282 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $18,282 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $11,580,938 | TotalAssetsBOYAmt |
| Total Assets EOY | $11,227,130 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $14,291,235 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $11,580,938 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $11,227,130 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $11,580,938 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $11,227,130 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $11,580,938 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $11,227,130 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $11,580,938 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$353,808 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $11,227,130 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $11,227,130 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (37 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | AcquiredAcquiredDt |
|---|---|---|---|---|---|---|---|
| 57,979.133 SH FOUNDATION EQUITY FUND | P | 2021-12-31 | $1,317,348 | $866,561 | $450,787 | $450,787 | |
| 63,777.107 SH FOUNDATION FIXED INCOME FUND | P | 2021-12-31 | $556,128 | $563,580 | -$7,452 | -$7,452 | |
| 382 SH TAIWAN SEMICONDUCTOR | P | 2021-01-14 | $50,803 | $20,770 | $30,033 | $30,033 | 2020-04-29 |
| 583 SH TARGET CORP | P | 2021-01-14 | $115,252 | $65,484 | $49,768 | $49,768 | 2020-04-29 |
| 364 SH PEPSICO INC | P | 2021-02-04 | $50,486 | $23,992 | $26,494 | $26,494 | |
| 208 SH PROCTOR & GAMBLE CO | P | 2021-02-04 | $26,859 | $13,566 | $13,293 | $13,293 | |
| 100,000 SH US TREASURY NOTE #912828TY6 | P | 2021-02-26 | $102,531 | $100,045 | $2,486 | $2,486 | 2019-11-06 |
| 20,000 SH US TREASURY NOTE #912828YZ7 | P | 2021-02-26 | $20,258 | $20,044 | $214 | $214 | 2020-02-21 |
| 75,000 SH UNITEDHEALTH GRP INC | P | 2021-03-01 | $76,489 | $74,813 | $1,676 | $1,676 | 2018-07-16 |
| 845 SH DOMINION ENERGY INC | P | 2021-03-26 | $63,523 | $66,065 | -$2,542 | -$2,542 | 2020-05-06 |
| 2,124 SH ROYAL DUTCH SHELL PLC | P | 2021-03-26 | $81,102 | $136,292 | -$55,190 | -$55,190 | |
| 3,591 SH WEYERHAEUSER CO | P | 2021-03-26 | $126,558 | $99,826 | $26,732 | $26,732 | |
| 50,000 INTERPUBLIC GRP COS INC | P | 2021-03-29 | $51,723 | $50,423 | $1,300 | $1,300 | 2017-12-28 |
| 75,000 SH CAPITAL ONE FINL CORP | P | 2021-03-30 | $75,000 | $74,850 | $150 | $150 | 2018-05-21 |
| 50,000 SH PENTAIR INC | P | 2021-05-17 | $50,000 | $50,000 | $0 | $0 | 2015-06-12 |
| 40,000 UNITED MEXICAN STATES | P | 2021-05-17 | $43,357 | $41,982 | $1,375 | $1,375 | 2018-01-08 |
| 75,000 PHILADELPHIA PA SCH DIST | P | 2021-06-01 | $75,000 | $75,000 | $0 | $0 | 2018-05-30 |
| 67,000 DOW CHEMICAL CO | P | 2021-06-02 | $73,423 | $67,847 | $5,576 | $5,576 | 2017-09-28 |
| 75,000 PENNSYLVANIA ECON DEV | P | 2021-06-15 | $75,000 | $75,000 | $0 | $0 | 2017-10-16 |
| 100,000 US TREASURY NOTE #91282CBL4 | P | 2021-07-07 | $98,508 | $96,949 | $1,559 | $1,559 | 2021-02-26 |
| 20,000 SH US TREASURY NOTE #91282CB5 | P | 2021-07-19 | $20,263 | $19,937 | $326 | $326 | 2021-02-26 |
| 75,000 WASHINGTON PA #939585JE6 | P | 2021-09-03 | $75,000 | $75,000 | $0 | $0 | 2014-11-07 |
| 50,000 AMERICAN INTL GRP INC | P | 2021-09-07 | $51,578 | $50,000 | $1,578 | $1,578 | 2016-04-11 |
| 2,106 SH ASTRAZENECA PLC | P | 2021-09-23 | $125,051 | $60,863 | $64,188 | $64,188 | |
| 648 SH BLACKSTONE INC | P | 2021-09-23 | $82,231 | $30,003 | $52,228 | $52,228 | 2019-10-11 |
| 75 SH BROADCOM INC | P | 2021-09-23 | $37,870 | $22,292 | $15,578 | $15,578 | 2019-05-16 |
| 4,799 SH KINDER MORGAN INC DE | P | 2021-09-23 | $79,249 | $92,511 | -$13,262 | -$13,262 | 2019-09-05 |
| 5,086 SH KEYCORP NEW | P | 2021-09-23 | $106,914 | $88,938 | $17,976 | $17,976 | 2019-09-09 |
| 101 SH PAYCHEX INC | P | 2021-09-23 | $11,161 | $2,977 | $8,184 | $8,184 | 2011-12-07 |
| 222 SH PAYCHEX INC | P | 2021-09-23 | $24,531 | $6,895 | $17,636 | $17,636 | 2012-01-12 |
| 173.18 SH KYNDRYL HOLDINGS INC | P | 2021-11-08 | $4,215 | $4,727 | -$512 | -$512 | 2021-01-14 |
| 52.81 SH KYNDRYL HOLDINGS INC | P | 2021-11-08 | $1,285 | $1,522 | -$237 | -$237 | 2021-09-23 |
| .61 SH KYNDRYL HOLDINGS INC | P | 2021-11-12 | $13 | $17 | -$4 | -$4 | 2021-01-14 |
| .18 SH KYNDRYL HOLDINGS INC | P | 2021-11-12 | $4 | $5 | -$1 | -$1 | 2021-09-23 |
| 49,000 SH US TREASURY NOTE #91282CCY5 | P | 2021-11-30 | $48,770 | $47,956 | $814 | $814 | 2021-11-23 |
| 75,000 SH BP CAP MKTS AMER INC | P | 2021-12-23 | $78,190 | $73,772 | $4,418 | $4,418 | 2018-12-14 |
| 50,000 SH AMAZON COM INC | P | 2021-10-05 | $50,000 | $50,000 | $0 | $0 | 2015-06-11 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $715,169 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $16,124 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $16,124 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $16,124 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $13,000 | 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 | $13,000 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $103 | EsPenaltyAmt |
| Tax Due | $3,227 | TaxDueAmt |
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 | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | PA | 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 |
| Individual With Books | MERYL AINSMAN EXECUTIVE DIRECTOR | IndividualWithBooksNm |
| Phone | 4123389030 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1080 SHADY AVENUE | AddressLine1Txt |
| City | PITTSBURGH | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 15232 | 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 |
|---|---|---|---|---|---|---|---|---|
| STANLEY BARG | ||||||||
| 575 MADISON AVENUE | NEW YORK | NY | 10022 | DIRECTOR | 1.00 | $15,000 | $0 | $0 |
| MERYL AINSMAN | ||||||||
| 1080 SHADY AVENUE | PITTSBURGH | PA | 15232 | EXECUTIVE DIRECTOR | 2.00 | $80,000 | $0 | $0 |
| SUSAN O'MALLEY | ||||||||
| 1500 COCHRAN ROAD SUITE 814 | PITTSBURGH | PA | 15243 | DIRECTOR | 1.00 | $15,000 | $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 |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $12,848,750 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $1,231,747 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $20,550 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $14,101,047 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $14,101,047 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $211,516 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $13,889,531 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $694,477 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $694,477 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $16,124 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $16,124 | TotalTaxAmt |
| Distributable Before Adj | $678,353 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $678,353 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $678,353 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,494,589 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $1,494,589 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $678,353 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $524,650 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $706,288 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $762,357 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $794,025 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $802,902 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $3,590,222 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $1,494,589 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $678,353 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $816,236 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $4,406,458 | 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 | $524,650 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $3,881,808 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $706,288 | ExcessFromYear4Amt |
| Excess From Year3 | $762,357 | ExcessFromYear3Amt |
| Excess From Year2 | $794,025 | ExcessFromYear2Amt |
| Excess From Year1 | $802,902 | ExcessFromYear1Amt |
| Excess From Current Year | $816,236 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (30 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line2RecipientUSAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|
| NORTHERN ISRAEL CENTER FOR ARTS AND TECHNOLOGY | ||||||
| 7532 GRAYMORE ROAD | PITTSBURGH | PA | 15221 | DISCRETIONARY FUND | $25,000 | |
| JUNIOR ACHIEVEMENT OF WESTERN PENNSYLVANIA | ||||||
| 90 EMERSON LANE SUITE 1403 | BRIDGEVILLE | PA | 15017 | DISCRETIONARY FUND | $10,000 | |
| AMERICANS FOR BEN-GURION UNIVERSITY | ||||||
| 1001 AVENUE OF THE AMERICAS 19TH | NEW YORK | NY | 10018 | DISCRETIONARY FUND | $35,000 | FLOOR |
| THE JEWISH ASSOCIATION ON AGING | ||||||
| 200 JHF DRIVE | PITTSBURGH | PA | 15217 | DISCRETIONARY FUND | $50,000 | |
| COMMUNITY DAY SCHOOL | ||||||
| 6424 FORWARD AVENUE | PITTSBURGH | PA | 15217 | DISCRETIONARY FUND | $25,000 | |
| ERADICATE HATE GLOBAL SUMMIT | ||||||
| 1000 FT DUQUESNE BLVD | PITTSBURGH | PA | 15222 | DISCRETIONARY FUND | $100,000 | |
| THE ALEPH INSTITUTE | ||||||
| 5804 BEACON STREET | PITTSBURGH | PA | 15217 | DISCRETIONARY FUND | $45,000 | |
| JEWISH CEMETERY & BURIAL ASSOCIATION | ||||||
| PO BOX 81863 | PITTSBURGH | PA | 15217 | DISCRETIONARY FUND | $100,000 | |
| ALUMNI THEATER COMPANY | ||||||
| PO BOX 8185 | PITTSBURGH | PA | 15217 | DISCRETIONARY FUND | $25,000 | |
| AMERICAN FRIENDS OF ORR SHALOM INC | ||||||
| 3708 ENTERPRISE DRIVE | JANESVILLE | WI | 53546 | DISCRETIONARY FUND | $15,000 | |
| B'NAI B'RITH YOUTH ORGANIZATION | ||||||
| 5738 FORBES AVENUE | PITTSBURGH | PA | 15217 | DISCRETIONARY FUND | $12,000 | |
| CARNEGIE SCIENCE CENTER | ||||||
| ONE ALLEGHENY AVENUE | PITTSBURGH | PA | 15212 | DISCRETIONARY FUND | $60,000 | |
| CARNEGIE MELLON UNIVERSITY | ||||||
| 5000 FORBES AVENUE | PITTSBURGH | PA | 15213 | DISCRETIONARY FUND | $75,000 | |
| CENTER OF LIFE | ||||||
| 161 HAZELWOOD AVENUE | PITTSBURGH | PA | 15207 | DISCRETIONARY FUND | $30,000 | |
| CHABAD OF PITTSBURGH | ||||||
| 1700 BEECHWOOD BLVD | PITTSBURGH | PA | 15217 | DISCRETIONARY FUND | $15,000 | |
| SPECIAL OLYMPICS OF PENNSYLVANIA | ||||||
| 2570 BOULEVARD OF THE GENERALS | NORRISTOWN | PA | 19403 | DISCRETIONARY FUND | $10,000 | SUITE 124 |
| EAST END COOPERATIVE MINISTRY | ||||||
| 6140 STATION STREET | PITTSBURGH | PA | 15206 | DISCRETIONARY FUND | $20,000 | |
| VIOLINS OF HOPE FUND GREATER PITTSBURGH | ||||||
| POSNER CENTER | PITTSBURGH | PA | 15213 | DISCRETIONARY FUND | $40,000 | |
| FILM PITTSBURGH | ||||||
| 1789 S BRADDOCK AVENUE SUITE 565 | PITTSBURGH | PA | 15218 | DISCRETIONARY FUND | $30,000 | |
| FRIENDS OF THE ISRAEL DEFENSE FORCES | ||||||
| 1430 BROADWAY | NEW YORK | NY | 10018 | DISCRETIONARY FUND | $51,000 | |
| AMERICAN COMMITTEE FOR THE WEIZMANN INSTITUTE OF SCIENCE | ||||||
| 633 THIRD AVENUE | NEW YORK | NY | 10017 | DISCRETIONARY FUND | $30,000 | |
| JEWISH FAMILY AND COMMUNITY SERVICE | ||||||
| 5743 BARTLETT STREET | PITTSBURGH | PA | 15217 | DISCRETIONARY FUND | $40,000 | |
| MOISHE HOUSE PITTSBURGH | ||||||
| SQUIRREL HILL | PITTSBURGH | PA | 15217 | DISCRETIONARY FUND | $15,000 | |
| NATIONAL COUNCIL OF JEWISH WOMEN | ||||||
| 1620 MCMURRAY AVENUE | PITTSBURGH | PA | 15217 | DISCRETIONARY FUND | $30,000 | |
| REPAIR THE WORLD PITTSBURGH | ||||||
| 6140 STATION STREET ENTRANCE B | PITTSBURGH | PA | 15206 | DISCRETIONARY FUND | $35,000 | |
| QUANTUM THEATER | ||||||
| 218 N HIGHLAND AVENUE | PITTSBURGH | PA | 15206 | DISCRETIONARY FUND | $55,000 | |
| READING IS FUNDAMENTAL PITTSBURGH | ||||||
| 10 CHILDRENS WAY SUITE 300 | PITTSBURGH | PA | 15212 | DISCRETIONARY FUND | $10,000 | |
| SOUTH HILLS INTERFAITH MINISTRY | ||||||
| 5301 PARK AVENUE | BETHEL PARK | PA | 15102 | DISCRETIONARY FUND | $20,000 | |
| THE FRIENDSHIP CIRCLE OF PITTSBURGH | ||||||
| 5872 NORTHUMBERLAND STREET | PITTSBURGH | PA | 15217 | DISCRETIONARY FUND | $50,000 | |
| THE JEWISH FEDERATION OF GREATER PITTSBURGH | ||||||
| 234 MCKEE PLACE | PITTSBURGH | PA | 15213 | DISCRETIONARY FUND | $310,000 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $1,368,000 | 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 | $547,302 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $715,169 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $1,262,471 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $1,262,471 | 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 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $4,290 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $4,290 | DisbursementsCharitablePrpsAmt |
General Explanation Attachment GeneralExplanationAttachment
General Explanation GeneralExplanationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | RESPONSE SHOWING REASONABLE CAUSE | IdentifierTxt |
| Form And Line Reference | IRS LETTER 2697C DATED FEB. 06, 2023 | FormAndLineReferenceDesc |
| Medium Explanation | THE PHILIP CHOSKY CHARITABLE & EDUCATIONAL FOUNDATIONTAXPAYER IDENTIFICATION NUMBER: 23-2932969FORM: 990-PFTAX PERIOD: DECEMBER 31, 2021THE ORGANIZATION RECEIVED TAX LETTER 2697C DATED FEBRUARY 6, 2023 ON FEBRUARY 8, 2023 STATING THE IRS CAN'T PROCESS OUR 2021 FORM 990-PF AND RETURNING OUR PAPER FILED FORM 990-PF. THE DATE OF OUR ATTEMPTED PAPER FILING WAS NOVMEBER 5, 2022.THE REASON THE 2021 FORM 990-PF WAS RETURNED WAS THAT WE PAPER FILED THE RETURN INSTEAD OF ELECTRONICALLY FILING THE RETURN. THE RETURN WAS UNABLE TO BE ELECTRONICALLY FILED BECAUSE THE TAX PREPARER'S SOFTWARE WOULD NOT SUPPORT PDF ATTACHMENTS FOR FORM 990-PF WITHOUT AN APPROVED PROPER PDF CODE. THEREFORE, DISQUALIFYING THE RETRUN FOR E-FILING. SINCE THE RETURN WAS DISQUALIFIED FOR E-FILING PURPOSES, THE FAILURE TO E-FILE WAS NOT WILLFUL NEGLECT AND THE ORGANIZATION IMMEDIATELY EXERCISED ORIDNARY BUSINESS CARE AND PRUDENCE AND TIMELY FILED A PAPER RETURN ON NOVEMBER 5, 2022 SO THAT THE 2021 990-PF WOULD BE FILED BY THE EXTENDED DUE DATE OF NOVEMBER 15, 2022.THE ORGANIZATION HAS SUBSEQUENTLY TAKEN THE NECESSARY CORRECTIVE STEP OF NOT HAVING FUTURE 990-PF TAX RETURNS INCLUDE PDF ATTACHMENTS SO THAT ALL FUTURE RETURNS CAN BE ELECTRONICALLY FILED. THE ORGANIZATION IS OTHERWISE CURRENT WITH ALL ITS FILINGS AND TAX OBLIGATIONS.THE ORGANIZATION IS REQUESTING ABATEMENT OF A TARDINESS PENALTY ON ELECTRONIC FILING AFTER THE REJECTION OF PAPER FORM FILING.MERYL AINSMAN, EXECUTIVE DIRECTOR | MediumExplanationTxt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | VARIOUS DEBT INSTRUMENTS | BondNm |
| EOY Book Value | $1,058,461 | EOYBookValueAmt |
| EOYFMV | $1,106,355 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | VARIOUS STOCKS | StockNm |
| EOY Book Value | $4,444,878 | EOYBookValueAmt |
| EOYFMV | $6,308,707 | EOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | VARIOUS MUTUAL FUNDS | CategoryOrItemTxt |
| Listed At Cost Or FMV | FMV | ListedAtCostOrFMVCd |
| Book Value | $4,139,648 | BookValueAmt |
| EOYFMV | $5,292,030 | EOYFMVAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (2 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| INTEREST RECEIVABLE | $15,641 | $11,105 | $11,105 |
| OTHER RECEIVABLE | $7,177 | $7,177 | $7,177 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| INSURANCE | $2,328 | $0 | $2,328 |
| INVESTMENT FEES | $92,189 | $92,189 | $0 |
| MEMBERSHIP DUES | $2,037 | $0 | $2,037 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | PAYROLL SERVICES | CategoryTxt |
| Amt | $1,643 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $1,643 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| PAYROLL TAXES | $6,291 | $0 | $6,291 |
| FOREIGN TAXES | $10,311 | $10,311 | $0 |
| EXISE TAXES | $19,190 | $0 | $0 |