EGL CHARITABLE FOUNDATION: Form 990PF, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- EGL CHARITABLE FOUNDATION (EIN 27-3667312)
- Tax period
- 2021-09-01 to 2022-08-31
- Filed
- 2023-05-03
- IRS object ID
- 202301239349100240
- Schema version
- 2021v4.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Accounting Fees Schedule
- Investments Other Schedule2
- Legal Fees Schedule
- Other Assets Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-05-03T09:05:12-07:00 | ReturnTs |
| Tax Period End | 2022-08-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 650620269 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SMITH & ELKIN CPAS PA | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4601 MILITARY TRAIL STE 201 | AddressLine1Txt |
| City | JUPITER | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33458 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2021-09-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 273667312 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | EGL Charitable Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | EGLC | BusinessNameControlTxt |
| Phone | 2124464268 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | C/O Gruss Co 40 W 57th Street 1440 | AddressLine1Txt |
| City | New York | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10019 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | TINA GUBERMAN | PersonNm |
| Person Title | SECR & TREAS | PersonTitleTxt |
| Phone | 2126763216 | PhoneNum |
| Signature | 2023-05-03 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | TINA | PersonFirstNm |
| Person Last | GUBERMAN | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Scott Elkin | PreparerPersonNm |
| PTIN | P00087099 | PTIN |
| Phone | 5617752134 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Federated Assurance Level | FAL1 | FederatedAssuranceLevelCd |
| 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 | $149,676,456 | 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 |
| Interest On Sav Rev And Expnss | $6,555 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $6,555 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $1,836,638 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $1,836,638 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $16,130,385 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $20,363,426 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $16,130,385 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $844,363 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $810,184 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $18,817,941 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $18,783,762 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $420,580 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $210,290 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $210,290 | CompOfcrDirTrstDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $11,424 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $5,712 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $5,712 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $18,525 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $9,263 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $9,262 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $843,357 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $843,357 | OtherProfFeesNetInvstIncmAmt |
| Taxes Rev And Expnss | $276,798 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $112,435 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $8,360 | TaxesDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $10,792 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $10,792 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $1,657,759 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $838,076 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $326,177 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $3,239,235 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $2,019,133 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $570,593 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $10,973,455 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $10,973,455 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $14,212,690 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $2,019,133 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $11,544,048 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $4,605,251 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $16,764,629 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $8,692,630 | CashBOYAmt |
| Cash EOY | $10,023,249 | CashEOYAmt |
| Cash EOYFMV | $10,023,249 | CashEOYFMVAmt |
| Other Investments BOY | $132,434,685 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $135,498,333 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $139,652,707 | OtherInvestmentsEOYFMVAmt |
| Other Assets BOY | $39,228 | OtherAssetsBOYAmt |
| Other Assets EOY | $500 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $500 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $141,166,543 | TotalAssetsBOYAmt |
| Total Assets EOY | $145,522,082 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $149,676,456 | TotalAssetsEOYFMVAmt |
| Other Liabilities BOY | $35,161 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $1,433 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $35,161 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $1,433 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $141,131,382 | RetainedEarningBOYAmt |
| Retained Earning EOY | $145,520,649 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $141,131,382 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $145,520,649 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $141,166,543 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $145,522,082 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $141,131,382 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $4,605,251 | ExcessRevenueOverExpensesAmt |
| Subtotal | $145,736,633 | SubtotalAmt |
| Other Decreases | $215,984 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $145,520,649 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (31 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | Cost Or Other BasisCostOrOtherBasisAmt |
|---|---|---|---|---|---|---|---|
| K-1 GENERATION IM GLOBAL EQUITY FD | P | 2022-01-01 | 2022-08-31 | $740,890 | $740,890 | $740,890 | |
| K-1 GENERATION IM GLOBAL EQUITY FD | P | 2001-01-01 | 2022-08-31 | $4,098,541 | $4,098,541 | $4,098,541 | |
| K-1 LONE CASCADE | P | 2022-01-01 | 2022-08-31 | $481,911 | $481,911 | $481,911 | |
| K-1 LONE CASCADE | P | 2001-01-01 | 2022-08-31 | $1,539,179 | $1,539,179 | $1,539,179 | |
| K-1 LONE CASCADE | P | 2022-01-01 | 2022-08-31 | $214,269 | $214,269 | $214,269 | |
| K-1 LONE CASCADE | P | 2001-01-01 | 2022-08-31 | $789,630 | $789,630 | $789,630 | |
| K-1 LONE CASCADE | P | 2022-01-01 | 2022-08-31 | $135,998 | $135,998 | $135,998 | |
| K-1 LONE CASCADE | P | 2001-01-01 | 2022-08-31 | $546,225 | $546,225 | $546,225 | |
| K-1 ORBIMED ISRAEL | P | 2022-01-01 | 2022-08-31 | -$2,135 | -$2,135 | $2,135 | |
| K-1 ORBIMED ISRAEL | P | 2001-01-01 | 2022-08-31 | $17,370 | $17,370 | $17,370 | |
| K-1 ORBIMED ISRAEL | P | 2022-01-01 | 2022-08-31 | -$8,117 | -$8,117 | $8,117 | |
| K-1 ORBIMED ISRAEL | P | 2001-01-01 | 2022-08-31 | $719 | $719 | $719 | |
| K-1 WGI EMERGING MKTS | P | 2022-01-01 | 2022-08-31 | $36,858 | $36,858 | $36,858 | |
| K-1 WGI EMERGING MKTS | P | 2001-01-01 | 2022-08-31 | $1,201,264 | $1,201,264 | $1,201,264 | |
| K-1 VARDE FUND XI | P | 2022-01-01 | 2022-08-31 | $351 | $351 | $351 | |
| K-1 VARDE FUND XI | P | 2001-01-01 | 2022-08-31 | -$160,619 | -$160,619 | $160,619 | |
| K-1 VARDE FUND XIII | P | 2022-01-01 | 2022-08-31 | $37,974 | $37,974 | $37,974 | |
| K-1 VARDE FUND XIII | P | 2001-01-01 | 2022-08-31 | -$3,606 | -$3,606 | $3,606 | |
| K-1 GRUSS DV MASTER FUND | P | 2001-01-01 | 2022-08-31 | $4,788 | $4,788 | $4,788 | |
| K-1 FINEPOINT CAPITAL PARTNERS | P | 2022-01-01 | 2022-08-31 | $116,652 | $116,652 | $116,652 | |
| K-1 FINEPOINT CAPITAL PARTNERS | P | 2001-01-01 | 2022-08-31 | $105,970 | $105,970 | $105,970 | |
| JPMORGAN CHASE STCG | P | 2022-01-01 | 2022-08-31 | $43,731 | $43,731 | $43,731 | |
| JPMORGAN CHASE LTCG | P | 2001-01-01 | 2022-08-31 | $2,031,822 | $2,031,822 | $2,031,822 | |
| CHARLES SCHWAB STCG | P | 2022-01-01 | 2022-08-31 | -$59,948 | -$59,948 | $59,948 | |
| CHARLES SCHWAB LTCG | P | 2001-01-01 | 2022-08-31 | $1,529,495 | $1,529,495 | $1,529,495 | |
| ORBIMED ISRAEL BASIS DISTRIBUTION | P | 2001-01-01 | 2022-08-31 | $106,367 | $106,367 | $106,367 | |
| FCOI II PFIC | P | 2001-01-01 | 2022-08-31 | $1,500,010 | $620,574 | $620,574 | $879,436 |
| STEADFAST INTL PFIC | P | 2001-01-01 | 2022-08-31 | $2,000,000 | $822,832 | $822,832 | $1,177,168 |
| CENTERBRIDGE CREDIT PFIC | P | 2001-01-01 | 2022-08-31 | $79,192 | $79,192 | $79,192 | |
| CEVIAN II LTD PFIC | P | 2001-01-01 | 2022-08-31 | $3,000,000 | $1,060,172 | $1,060,172 | $1,939,828 |
| ETON PARK PFIC | P | 2001-01-01 | 2022-08-31 | $4,220 | $2,036 | $2,036 | $2,184 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $16,130,385 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $233,028 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $233,028 | SubtotalAmt |
| Tax Based On Investment Income | $233,028 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $195,642 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $100,000 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $295,642 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $4,063 | EsPenaltyAmt |
| Overpayment | $58,551 | OverpaymentAmt |
| Applied To ES Tax | $58,551 | AppliedToESTaxAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | NY | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Evelyn G Lipper | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2124464268 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | C/O Gruss Co 40 W 57th St 1440 | AddressLine1Txt |
| City | NY | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10019 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | Yes (true) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt |
|---|---|---|---|---|---|---|---|
| EVELYN LIPPER | |||||||
| C/O Gruss Co 40 W 57th St | NEW YORK | NY | 10019 | President | 6.00 | $0 | |
| TINA GUBERMAN | |||||||
| C/O Gruss Co 40 W 57th St | NEW YORK | NY | 10019 | SECR & TREAS | 6.00 | $70,200 | |
| DANIELLA LIPPER COULES | |||||||
| C/O GRUSS CO 40 W 57TH ST | NEW YORK | NY | 10019 | Executive Dir. | 30.00 | $300,000 | $50,380 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $160,484,828 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $12,269,397 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $172,754,225 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Adjusted Total FMV Of Unused Ast | $172,754,225 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $2,591,313 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $170,162,912 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $8,508,146 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $8,508,146 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $233,028 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $233,028 | TotalTaxAmt |
| Distributable Before Adj | $8,275,118 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $8,275,118 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $8,275,118 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $11,544,048 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $11,544,048 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $8,275,118 | DistributableAsAdjustedAmt |
| Excess Distribution Cyov Yr3 | $1,489,542 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $3,544,481 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $302,775 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $5,336,798 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $11,544,048 | QualifyingDistributionsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $8,275,118 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $3,268,930 | RemainingDistriFromCorpusAmt |
| Total Corpus | $8,605,728 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $8,605,728 | ExcessDistriCyovToNextYrAmt |
| Excess From Year3 | $1,489,542 | ExcessFromYear3Amt |
| Excess From Year2 | $3,544,481 | ExcessFromYear2Amt |
| Excess From Year1 | $302,775 | ExcessFromYear1Amt |
| Excess From Current Year | $3,268,930 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | EVELYN LIPPER | ContributingManagerNm |
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | EGL Charitable Foundation | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | C/O Gruss Co 40 W 57th Street 1440 | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10019 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 2124464268 | RecipientPhoneNum |
| Recipient Email Address | rh@gruss.com | RecipientEmailAddressTxt |
| Form And Info And Materials | Letter giving background of charity, the amount of grant requested and the proposed use of the funds. | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | none | SubmissionDeadlinesTxt |
| Restrictions On Awards | Generally limited to Jewish charities. | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (26 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line1RecipientForeignAddress/AddressLine1Txt | CityRecipientForeignAddress/CityNm | Province Or StateRecipientForeignAddress/ProvinceOrStateNm | CountryRecipientForeignAddress/CountryCd | Foreign PostalRecipientForeignAddress/ForeignPostalCd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| MASSACHUSETTS GENERAL HOSPITAL | ||||||||||||
| 125 NASHUA ST STE 540 | BOSTON | MA | 02114 | NONE | N/A | GENERAL SUPPORT | $198,853 | |||||
| HOPE FOR DEPRESSION RESEARCH FDTN | ||||||||||||
| 40 WEST 57TH ST STE 1440 | NEW YORK | NY | 10019 | NONE | N/A | GENERAL SUPPORT | $40,000 | |||||
| SUTTON PLACE PARKS CONSERVANCY INC | ||||||||||||
| 1040 FIRST AVE 322 | NEW YORK | NY | 10022 | NONE | N/A | GENERAL SUPPORT | $1,000 | |||||
| NEXT FOR AUTISM | ||||||||||||
| 1430 BROADWAY 8TH FL | NEW YORK | NY | 10018 | NONE | N/A | GENERAL SUPPORT | $5,250 | |||||
| THE NEW YORK STEM CELL FOUNDATION | ||||||||||||
| 619 WEST 54TH ST | NEW YORK | NY | 10019 | NONE | N/A | GENERAL SUPPORT | $2,500 | |||||
| EAST HAMPTON LIBRARY | ||||||||||||
| 159 MAIN STREET | EAST HAMPTON | NY | 11937 | NONE | N/A | GENERAL SUPPORT | $500 | |||||
| ISRAEL GUIDE DOG CENTER | ||||||||||||
| 968 EASTON ROAD SUITE H | WARRINGTON | PA | 18976 | NONE | N/A | GENERAL SUPPORT | $150,000 | |||||
| WHITEHEAD INSTITUTE | ||||||||||||
| 455 MAIN STREET | CAMBRIDGE | MA | 02142 | NONE | N/A | GENERAL SUPPORT | $77,444 | |||||
| UNION OF ORTHODOX | ||||||||||||
| 40 RECTOR ST 4TH FL | NEW YORK | NY | 10006 | NONE | N/A | GENERAL SUPPORT | $31,975 | |||||
| THE ROCKEFELLER UNIVERSITY | ||||||||||||
| 1230 YORK AVE | NEW YORK | NY | 10065 | NONE | N/A | GENERAL SUPPORT | $171,218 | |||||
| JOWMA | ||||||||||||
| PO BOX 308 | CEDARHURST | NY | 11516 | NONE | N/A | GENERAL SUPPORT | $207,499 | |||||
| JEWISH COMMUNAL FUND | ||||||||||||
| 575 MADISON AVE STE 703 | NEW YORK | NY | 10022 | NONE | N/A | GENERAL SUPPORT | $4,638,000 | |||||
| ALBERT EINSTEIN COLLEGE OF MEDICINE | ||||||||||||
| 1300 MORRIS PARK AVE 7TH FL | BRONX | NY | 10461 | NONE | N/A | GENERAL SUPPORT | $1,900,000 | |||||
| B'NAI JESHURUN | ||||||||||||
| 270 WEST 89TH ST | NEW YORK | NY | 10024 | NONE | N/A | GENERAL SUPPORT | $702,196 | |||||
| UT SOUTHWESTERN MEDICAL CENTER | ||||||||||||
| PO BOX 910888 | DALLAS | TX | 75391 | NONE | N/A | GENERAL SUPPORT | $177,140 | |||||
| CENTER FOR INITIATIVES IN JEWISH ED | ||||||||||||
| 45 BROADWAY STE 3050 | NEW YORK | NY | 10006 | NONE | N/A | GENERAL SUPPORT | $202,800 | |||||
| CHEVRA HATZALAH | ||||||||||||
| 1070 MCDONALD AVE | BROOKLYN | NY | 11230 | NONE | N/A | GENERAL SUPPORT | $250,000 | |||||
| GOSHEN - HEBREW UNIVERSITY | ||||||||||||
| NONE | N/A | GENERAL SUPPORT | $650,000 | THE HEBREW UNIVERSITY MT SCOPUS | JERUSALEM | JERUSALEM | IS | 9765418 | ||||
| STANFORD UNIVERSITY | ||||||||||||
| PO BOX 20466 | STANFORD | CA | 94309 | NONE | N/A | GENERAL SUPPORT | $74,294 | |||||
| HIAS | ||||||||||||
| PO BOX 97077 | WASHINGTON | DC | 20090 | NONE | N/A | GENERAL SUPPORT | $418,207 | |||||
| THE JEWISH FEDERATION - PEF ENDOWME | ||||||||||||
| 317 MADISON AVE STE 607 | NEW YORK | NY | 10017 | NONE | N/A | GENERAL SUPPORT | $119,500 | |||||
| DANA-FARBER CANCER INSTITUTE | ||||||||||||
| 450 BROOKLINE AVE RM 457 MAYER BLD | BOSTON | MA | 02215 | NONE | N/A | GENERAL SUPPORT | $179,051 | |||||
| UNIVERSITY OF CALIFORNIA - REGENTS | ||||||||||||
| 1995 UNIVERSITY AVE STE 401 | BERKELEY | CA | 94704 | NONE | N/A | GENERAL SUPPORT | $103,130 | |||||
| JEWISH NATIONAL FUND | ||||||||||||
| 42 EAST 69TH ST | NEW YORK | NY | 10021 | NONE | N/A | GENERAL SUPPORT | $500,000 | |||||
| COLUMBIA UNIVERSITY | ||||||||||||
| 630 W 168TH ST | NEW YORK | NY | 10032 | NONE | N/A | GENERAL SUPPORT | $77,444 | |||||
| BETH ISRAEL DEACONESS MEDICAL CENTE | ||||||||||||
| 330 BROOKLINE AVE | BOSTON | MA | 02215 | NONE | N/A | GENERAL SUPPORT | $95,454 | |||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $10,973,455 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $6,555 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $1,836,638 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $16,130,385 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp (15 entries)
| DescDesc | BusinessBusinessCd | ExclusionExclusionCd | ExclusionExclusionAmt |
|---|---|---|---|
| K-1 FINEPOINT CAP - ORDIN INC | 900099 | 14 | $81,682 |
| K-1 GENERATION IM-PORTFOL | 900099 | 14 | -$135,157 |
| K-1 GRUSS DV MASTER FUND | 900099 | 14 | $4,779 |
| K-1 LONE CASC .029347%-ORD IN | 900099 | 14 | $59 |
| K-1 LONE CASC .039685%-ORD IN | 900099 | 14 | $80 |
| K-1 LONE CASC .053613%-ORD IN | 900099 | 14 | $114 |
| K-1 ORBIMED II - ORDIN INC | 900099 | 14 | -$785 |
| K-1 VARDE XII | 900099 | 14 | $180,986 |
| K-1 VARDE XIII- ORDIN INC | 900099 | 14 | $25,618 |
| K-1 VARDE XI-ORDINARY INC | 900099 | 14 | $57,540 |
| K-1 WGI EMERGING-PORT INC | 900099 | 14 | -$4,333 |
| PFIC CENTERBRIDGE CRDT | 900099 | 14 | $13,284 |
| PFIC DIV HCP FUND IV CAYM | 900099 | 14 | $615,000 |
| PFIC PERRY PARTNERS | 900099 | 14 | $5,496 |
| TAX EXEMPT INT ON K-1 | 14 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $18,817,941 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $18,817,941 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | TAX FEES | CategoryTxt |
| Amt | $18,525 | Amt |
| Net Investment Income | $9,263 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $9,262 | DisbursementsCharitablePrpsAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (24 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | EOYFMVEOYFMVAmt | Book ValueBookValueAmt |
|---|---|---|---|
| ORBIMED ISRAEL PARTNERS LP (K-1) | AT COST | $493,242 | |
| STEADFAST INT'L LTD -- PFIC | AT COST | $5,859,106 | $3,383,165 |
| FCOI II-- PFIC | AT COST | $7,570,669 | $4,410,420 |
| PERRY PARTNERS INT'L INC-- PFIC | AT COST | ||
| GRUSS OFFSHORE ARB FUND-- K-1 | AT COST | $43,742 | $94,706 |
| GENERATION IM GLOBAL (K-1) | AT COST | $18,672,323 | $20,462,061 |
| GRUSS GLOBAL ENH/GRUSS DV FUND-- PFIC | AT COST | $59,089 | |
| HCP FUND IV CAYMAN LP --PFIC | AT COST | $824,922 | $2,211,928 |
| LONE CASCADE LP (K-1) | AT COST | $12,011,086 | $17,083,007 |
| WGI EMERGING MARKETS (K-1) | AT COST | $9,366,736 | $9,653,049 |
| VARDE FUND XI (B) FEEDER (K-1) | AT COST | $529,103 | $886,596 |
| ETON PARK FUND LTD-- PFIC | AT COST | $1,476 | |
| SCHWAB SELECT EQUITY (BROKERAGE) | AT COST | $8,900,050 | $8,657,192 |
| MARKET VALUE COST CONTRIB (CAPE REMAIN | AT COST | $437,287 | |
| CENTERBRIDGE CR PRTNRS -- PFIC | AT COST | $25,807 | $13,284 |
| CEVIAN CAPITAL II LTD-- PFIC | AT COST | $10,918,763 | $7,060,172 |
| ORBIMED PARTNERS LTD-- PFIC | AT COST | $4,989,562 | $6,000,000 |
| JP MORGAN | AT COST | $42,244,838 | $38,618,547 |
| VARDE FUND X11 B LP | AT COST | $1,684,734 | $1,734,927 |
| ORBIMED ISRAEL PARTNERS II LP | AT COST | $793,499 | $603,213 |
| VARDE FUND XIII B | AT COST | $2,558,596 | $2,496,041 |
| EMPYREAN CAPITAL LTD | AT COST | $6,605,730 | $6,000,000 |
| FINEPOINT CAPITAL II | AT COST | $5,550,684 | $5,632,173 |
| RIVERVIEW STRAT OPPTY III | AT COST | $9,515 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | CategoryTxt |
| Legal Fees | $11,424 | LegalFeesAmt |
| Net Investment Income | $5,712 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $5,712 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | DUE GRUSS & CO LLC | Desc |
| EOY Book Value | $500 | EOYBookValueAmt |
| EOYFMV | $500 | EOYFMVAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PRIOR UNREALIZED GAINS RECOGNIZED | Desc |
| Amt | $215,984 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (19 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| BANK SERVICE CHARGES | $65 | $65 | |
| CONSULTING | $10,000 | $10,000 | |
| Diversion of funds | $493,506 | ||
| GCO ADMINISTRATIVE FEES | $123,729 | $123,729 | |
| MEALS | $1,399 | $1,259 | $140 |
| MEDIA | $302,500 | $302,500 | |
| OFFICE/POSTAGE | $16,163 | $8,081 | $8,082 |
| PORTFOLIO EXP- GENERATION IM K-1 | $199,428 | $199,428 | |
| PORTFOLIO EXP- LONE CASCADE K-1 | $127,084 | $127,084 | |
| PORTFOLIO EXP- LONE CASCADE K-1 | $147,661 | $147,661 | |
| PORTFOLIO EXP- LONE CASCADE K-1 | $64,166 | $64,166 | |
| PORTFOLIO EXP- ORBIMED ISRAEL K-1 | $20,788 | $20,788 | |
| PORTFOLIO EXP- ORBIMED ISRAEL K-1 | $9,314 | $9,314 | |
| PORTFOLIO EXP- VARDE XI B FEEDER K-1 | $26,254 | $26,254 | |
| PORTFOLIO EXP- VARDE XII | $9,243 | $9,243 | |
| PORTFOLIO EXP- VARDE XIII | $28,152 | $28,152 | |
| PORTFOLIO EXP- WGI EMERGING MKTS K-1 | $1,717 | $1,717 | |
| PORTFOLIO EXP-FINEPOINT CAPITAL | $72,318 | $72,318 | |
| TECHNOLOGY | $4,272 | $4,272 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (14 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| K-1 FINEPOINT CAP - ORDIN INC | $81,682 | $81,682 |
| K-1 GENERATION IM-PORTFOL | -$135,157 | -$135,157 |
| K-1 GRUSS DV MASTER FUND | $4,779 | $4,779 |
| K-1 LONE CASC .029347%-ORD IN | $59 | $59 |
| K-1 LONE CASC .039685%-ORD IN | $80 | $80 |
| K-1 LONE CASC .053613%-ORD IN | $114 | $114 |
| K-1 ORBIMED II - ORDIN INC | -$785 | -$785 |
| K-1 VARDE XII | $180,986 | $180,986 |
| K-1 VARDE XIII- ORDIN INC | $25,618 | -$13,343 |
| K-1 VARDE XI-ORDINARY INC | $57,540 | $62,322 |
| K-1 WGI EMERGING-PORT INC | -$4,333 | -$4,333 |
| PFIC CENTERBRIDGE CRDT | $13,284 | $13,284 |
| PFIC DIV HCP FUND IV CAYM | $615,000 | $615,000 |
| PFIC PERRY PARTNERS | $5,496 | $5,496 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail (2 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt |
|---|---|---|
| due to gruss & co | $34,183 | |
| due to employee ins | $978 | $1,433 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (4 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| CUSTODY FEES | $5,178 | $5,178 | $0 | $0 |
| MANAGEMENT FEE - HALL PARTNERS | $559,560 | $559,560 | $0 | $0 |
| MANAGEMENT FEE - SELECT EQUITY | $142,725 | $142,725 | $0 | $0 |
| MGMT FEE WGI EMERGING | $135,894 | $135,894 | $0 | $0 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (12 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| FEDERAL TAXES | $156,003 | ||
| FOREIGN TAXES- GENERATION IM GLOBAL K-1 | $7,980 | $7,980 | |
| FOREIGN TAXES- LONE CASCADE K-1 | $281 | $281 | |
| FOREIGN TAXES- LONE CASCADE K-1 | $382 | $382 | |
| FOREIGN TAXES- LONE CASCADE K-1 | $577 | $577 | |
| FOREIGN TAXES- VARDE FUND XI K-1 | $9,142 | $9,142 | |
| FOREIGN TAXES- WGI K-1 | $70,944 | $70,944 | |
| FOREIGN TAXES-FINEPOINT CAPITAL K-1 | $6,930 | $6,930 | |
| FOREIGN TAXES-VARDE XIII K-1 | $467 | $467 | |
| NY TAX PAYMENT | $9,000 | $9,000 | |
| PAYROLL TAXES | $13,464 | $6,732 | $6,732 |
| STATE FILING FEES | $1,628 | $1,628 |
Comments