THE ALLEN H AND SELMA W BERKMAN: Form 990PF, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- THE ALLEN H AND SELMA W BERKMAN (EIN 25-6144060)
- Tax period
- 2021-11-01 to 2022-10-31
- Filed
- 2023-03-27
- IRS object ID
- 202300869349100115
- 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
- Dissolution Stmt
- Expln Of Non Filing With AG Stmt
- Investments Other Schedule2
- Liquidation Explanation Stmt
- Legal Fees Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-03-27T11:56:31-05:00 | ReturnTs |
| Tax Period End | 2022-10-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 042571780 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | AAFCPAS INC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 50 WASHINGTON STREET | AddressLine1Txt |
| City | WESTBOROUGH | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 01581 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2021-11-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 256144060 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE ALLEN H AND SELMA W BERKMAN | BusinessNameLine1Txt |
| Business Name Line2 | CHARITABLE TRUST C/O GMA FOUNDATIONS | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | BERK | BusinessNameControlTxt |
| Phone | 6174267080 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2 LIBERTY SQUARE 500 | AddressLine1Txt |
| City | BOSTON | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02109 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | RICHARD BERKMAN | PersonNm |
| Person Title | TRUSTEE | PersonTitleTxt |
| Phone | 6174267080 | PhoneNum |
| Signature | 2023-03-24 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | RICHARD | PersonFirstNm |
| Person Last | BERKMAN | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JOYCE RIPIANZI CPA | PreparerPersonNm |
| PTIN | P00548581 | PTIN |
| Phone | 5083669100 | PhoneNum |
| Preparation | 2023-03-24 | 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 | 2023-04-26 12:10:37Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $738,750 | 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 | $212,820 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $212,820 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | -$108,500 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $19,663,383 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $0 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $104,320 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $212,820 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $36,651 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $36,651 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $6,800 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $6,800 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $106,638 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $51,988 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $54,650 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $5,500 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $0 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $3,124 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $0 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $3,124 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $158,713 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $51,988 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $101,225 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $14,500,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $14,500,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $14,658,713 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $51,988 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $14,601,225 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$14,554,393 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $160,832 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $123,226 | CashBOYAmt |
| Sav And Temp Cash Invst BOY | $533,993 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $729,580 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $729,580 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $666,597 | CorporateStockBOYAmt |
| Corporate Stock EOY | $0 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $0 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $17,140,499 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $9,170 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $9,170 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $18,464,315 | TotalAssetsBOYAmt |
| Total Assets EOY | $738,750 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $738,750 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $0 | CapitalStockBOYAmt |
| Capital Stock EOY | $0 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $18,464,315 | RetainedEarningBOYAmt |
| Retained Earning EOY | $738,750 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $18,464,315 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $738,750 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $18,464,315 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $738,750 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $18,464,315 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$14,554,393 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $3,909,922 | SubtotalAmt |
| Other Decreases | $3,171,172 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $738,750 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | AcquiredAcquiredDt | SoldSoldDt |
|---|---|---|---|---|---|---|---|
| PUBLICLY TRADED SECURITIES | P | $19,658,005 | $19,767,498 | -$109,493 | -$109,493 | ||
| ALTERNATIVE INVESTMENTS | P | $5,378 | $4,385 | $993 | $993 | 2021-09-30 | 2021-12-31 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -$108,500 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $2,236 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $2,236 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $2,236 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $12,156 | 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 | $12,156 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $9,920 | OverpaymentAmt |
| Applied To ES Tax | $920 | AppliedToESTaxAmt |
| Refund | $9,000 | 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 | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | Yes (1) | 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 | 0 | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | Yes (1) | 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 | GMA FOUNDATIONS INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 6174267080 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2 LIBERTY SQUARE SUITE 500 | AddressLine1Txt |
| City | BOSTON | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02109 | 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 | Yes (1) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | 0 | ActsFailToQlfyAsExceptionsInd |
| 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 (10 entries)
| Address Line1USAddress/AddressLine1Txt | Address Line2USAddress/AddressLine2Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|---|
| HELEN BERKMAN HABBERT | |||||||||
| C/O GMA FOUNDATIONS INC 2 LIBERTY | SQUARE SUITE 500 | BOSTON | MA | 02109 | TRUSTEE | 3.00 | $0 | $0 | $0 |
| JAMES S BERKMAN | |||||||||
| C/O GMA FOUNDATIONS INC 2 LIBERTY | SQUARE SUITE 500 | BOSTON | MA | 02109 | TRUSTEE | 3.00 | $0 | $0 | $0 |
| SUSAN BERKMAN RAHM | |||||||||
| C/O GMA FOUNDATIONS INC 2 LIBERTY | SQUARE SUITE 500 | BOSTON | MA | 02109 | TRUSTEE | 3.00 | $0 | $0 | $0 |
| RICHARD BERKMAN | |||||||||
| C/O GMA FOUNDATIONS INC 2 LIBERTY | SQUARE SUITE 500 | BOSTON | MA | 02109 | TRUSTEE | 3.00 | $0 | $0 | $0 |
| BARBARA BERKMAN ACKERMAN | |||||||||
| C/O GMA FOUNDATIONS INC 2 LIBERTY | SQUARE SUITE 500 | BOSTON | MA | 02109 | TRUSTEE | 3.00 | $0 | $0 | $0 |
| ALAN ACKERMAN JR | |||||||||
| C/O GMA FOUNDATIONS INC 2 LIBERTY | SQUARE SUITE 500 | BOSTON | MA | 02109 | TRUSTEE | 3.00 | $0 | $0 | $0 |
| DANIEL A BERKMAN | |||||||||
| C/O GMA FOUNDATIONS INC 2 LIBERTY | SQUARE SUITE 500 | BOSTON | MA | 02109 | TRUSTEE | 3.00 | $0 | $0 | $0 |
| RT WINSTON BERKMAN-BREEN | |||||||||
| C/O GMA FOUNDATIONS INC 2 LIBERTY | SQUARE SUITE 500 | BOSTON | MA | 02109 | TRUSTEE | 3.00 | $0 | $0 | $0 |
| WILLIAM RAHM | |||||||||
| C/O GMA FOUNDATIONS INC 2 LIBERTY | SQUARE SUITE 500 | BOSTON | MA | 02109 | TRUSTEE | 3.00 | $0 | $0 | $0 |
| JULIE HABBERT | |||||||||
| C/O GMA FOUNDATIONS INC 2 LIBERTY | SQUARE SUITE 500 | BOSTON | MA | 02109 | TRUSTEE | 3.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GMA FOUNDATIONS | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2 LIBERTY SQUARE | AddressLine1Txt |
| City | BOSTON | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02109 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | GRANT ADMINISTRATION | ServiceTypeTxt |
| Compensation | $53,150 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| 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 | $11,860,232 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $3,626,081 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $9,170 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $15,495,483 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $15,495,483 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $232,432 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $15,263,051 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $763,153 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $763,153 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $2,236 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $2,236 | TotalTaxAmt |
| Distributable Before Adj | $760,917 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $760,917 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $760,917 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $14,601,225 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $14,601,225 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $760,917 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr1 | $66,391 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $66,391 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $14,601,225 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $760,917 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $13,840,308 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $13,906,699 | 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 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $13,906,699 | ExcessDistriCyovToNextYrAmt |
| Excess From Year1 | $66,391 | ExcessFromYear1Amt |
| Excess From Current Year | $13,840,308 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (5 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| FIDELITY CHARITABLE - THE BRIDGEWATER FUND | ||||||
| PO BOX 770001 | CINCINNATI | OH | 45277 | PC | UNRESTRICTED | $2,900,000 |
| JEWISH FEDERATION OF GREATER PITTSBURGH - ALAN & BARBARA ACKERMAN FAMILY FD | ||||||
| 2000 TECHNOLOGY DRIVE | PITTSBURGH | PA | 15219 | PC | UNRESTRICTED | $2,900,000 |
| VANGUARD CHARITABLE ENDOWMENT PROGRAM - MCKEY & J BERKMAN FAMILY CHAR FD | ||||||
| PO BOX 9509 | WARWICK | RI | 028899509 | PC | UNRESTRICTED | $2,900,000 |
| VANGUARD CHARITABLE ENDOWMENT PROGRAM BERKMAN FAMILY CHARITABLE FD | ||||||
| PO BOX 9509 | WARWICK | RI | 028899509 | PC | UNRESTRICTED | $2,900,000 |
| VANGUARD CHARITABLE ENDOWMNET PROGRAM - THE RAHM FAMILY DAF FUND | ||||||
| PO BOX 9509 | WARWICK | RI | 028899509 | PC | UNRESTRICTED | $2,900,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $14,500,000 | 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 | $212,820 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | -$108,500 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $104,320 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $104,320 | 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 | CategoryTxt |
| Amt | $6,800 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $6,800 | DisbursementsCharitablePrpsAmt |
Dissolution Stmt DissolutionStmt
Dissolution Information DissolutionInformationGrp (5 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Short ExplanationShortExplanationTxt | DissolutionDissolutionAmt |
|---|---|---|---|---|---|
| JEWISH FEDERATON OF GREATER PITTSBURGH - ALAN & BARBARA ACKERMAN FAMILY FD | |||||
| 2000 TECHNOLOGY DRIVE | PITTSBURGH | PA | 15219 | CASH | $2,900,000 |
| FIDELITY CHARITABLE - THE BRIDGEWATER FUND | |||||
| PO BOX 770001 | CINCINNATI | OH | 45277 | CASH | $2,900,000 |
| VANGUARD CHARITABLE ENDOWMENT PROGRAM - MCKEY & J BERKMAN CHARITABLE FUND | |||||
| PO BOX 9509 | WARWICK | RI | 028899509 | CASH | $2,900,000 |
| VANGUARD CHARITABLE ENDOWMENT PROGRAM - BERKMAN FAMILY CHARITABLE FUND | |||||
| PO BOX 9509 | WARWICK | RI | 028899509 | CASH | $2,900,000 |
| VANGUARD CHARITABLE ENDOWMENT PROGRAM - THE RAHM FAMILY DAF FUND | |||||
| PO BOX 9509 | WARWICK | RI | 028899509 | CASH | $2,900,000 |
Expln Of Non Filing With AG Stmt ExplnOfNonFilingWithAGStmt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | THE ALLEN H. AND SELMA W. BERKMAN CHARITABLE TRUST IS REGISTERED IN PA THE PA DEPARTMENT OF STATE CHARITIES PROVIDES FOR A FILING EXEMPTION FOR ANY CHARITABLE ORGANIZATION WHICH RECEIVES $25,000 OR LESS OF ANNUAL GROSS NATIONAL CONTRIBUTIONS. THE ALLEN H. AND SELMA W. BERKMAN CHARITABLE TRUST HAS NO CONTRIBUTION INCOME AND AS SUCH IS NOT REQUIRED TO PROVIDE A COPY OF THE FORM 990PF TO PA. | ExplanationTxt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | HEDGE FUND | CategoryOrItemTxt |
| Listed At Cost Or FMV | FMV | ListedAtCostOrFMVCd |
| Book Value | $9,170 | BookValueAmt |
| EOYFMV | $9,170 | EOYFMVAmt |
Liquidation Explanation Stmt LiquidationExplanationStmt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | EXPLANATION ON MARCH 15, 2022, THE TRUSTESS OF THE ALLEN H. AND SELMA W. BERKAN CHARITABLE TRUST (THE BERKMAN CHARITABLE TRUST) PURSUANT TO ARTICLE THIRD SECTION (B) OF THE BERKMAN CHARITABLE TRUST AND CHAPTER 59 PENNSYLVANIA'S NOT FOR PROFIT CORPORATION LAW, ADOPTED THE FOLLOWING RESOLUTIONS PERTAINING TO DISSOLUTION OF THE FOUNDATION: THE FOUNDATION BE DISSOLVED. THE FOUNDATION'S REMAINING ASSETS BE DISTRIBUTED AS FOLLOWS: ALL DEBTS AND OBLIGATIONS OF THE BERKMAN CHARITABLE TRUST SHALL BE PAID AND DISCHARGED,OR ADEQUATE PROVISION SHALL BE MADE FOR THEM THE BERKMAN CHARITABLE TRUST SHALL DISTRIBUTE ALL REMAINING ASSETS TO THE FOLLOWING ORGANIZATIONS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986 (AS AMENDED) (IN EACH CASE TO BE HELD IN A DONOR-ADVISED FUND SPONSORED BY THE NAMED ORGANIZATION FOR CHARITABLE PURPOSES THAT ARE CONSISTENT WITH THE BERKMAN CHARITABLE TRUST: $2,900,000 TO THE JEWISH FEDERATION OF GREATER PITTSBURGH - ALAN & BARBARA ACKERMAN FAMILY FUND $2,900,000 TO THE FIDELITY CHARITABLE - THE BRIDGEWATER FUND $2,900,000 VANGUARD CHARITABLE ENDOWMENT FUND - MCKEY & JAMES BERKMAN FAMILY CHARITABLE FUND $2,900,000 VANGUARD CHARITABLE ENDOWMENT FUND - BERKMAN FAMILY CHARITABLE FUND $2,900,000 VANGUARD CHARITABLE ENDOWMENT FUND - THE RAHM FAMILY DAF FUND ANY REMAINING ASSETS AFTER ALL LIABILTIES ARE DISCHARGED SHALL BE DISTRIBUTED TO THE ABOVE IN AMOUNTS PROPORTIONATE TO THE ABOVE DISTRBUTIONS RICHARD BERKMAN, AS TRUSTEE, IS DELEGATED THE POWER TO SIGN ANY DOCUMENT AND TAKE ANY ACTION ON BEHALF OF THE BERKMAN CHARITABLE TRUST THAT HE DEEMS APPROPRIATE IN FURTHERANCE OF THE ACTIONS DESCRIBED HEREIN. THE ARTICLES OF DISSOLUTION BE FILED WITH THE PENNSYLVANIA ATTORNEY GENERAL UPON WHICH THE BERKMAN CHARITABLE TRUST SHALL CEASE OPERATIONS EXCEPT FOR ACTIONS TO WIND UP THE BERKAMN CHARITABLE TRUST ACCORDANCE WITH THE BERKMAN CHARITABLE TRUST'S GOVERNING DOCUMENTS, THE PENNSLYVANIA NOT FOR PROFIT ACT, AND THE WRITTEN ACTION OF THE TRUSTEES | ExplanationTxt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | CategoryTxt |
| Legal Fees | $36,651 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $36,651 | DisbursementsCharitablePrpsAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | UNREALIZED LOSS | Desc |
| Amt | $3,171,172 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| INSURANCE EXPENSE | $3,005 | $0 | $3,005 |
| POSTAGE | $119 | $0 | $119 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| GRANT ADMINISTRATION | $53,150 | $0 | $53,150 |
| INVESTMENT MANAGEMENT | $50,925 | $50,925 | $0 |
| OTHER | $2,563 | $1,063 | $1,500 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | EXCISE TAXES | CategoryTxt |
| Amt | $5,500 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |