BERSHAD FAMILY FOUNDATION INC: Form 990PF, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- BERSHAD FAMILY FOUNDATION INC (EIN 46-1514034)
- Tax period
- 2022-01-01 to 2022-12-31
- Filed
- 2023-06-21
- IRS object ID
- 202301729349100415
- Schema version
- 2022v5.0
- 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
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Liabilities Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-06-21T11:03:43-05:00 | ReturnTs |
| Tax Period End | 2022-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 131578842 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BUCHBINDER TUNICK & CO LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | ONE PENN PLAZA - SUITE 3200 | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 101190002 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2022-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 461514034 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BERSHAD FAMILY FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | BERS | BusinessNameControlTxt |
| Phone | 2126955003 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 171 E 84TH ST 31B | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10028 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | WILLIAM BERSHAD | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 2126955003 | PhoneNum |
| Signature | 2023-05-16 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | WILLIAM | PersonFirstNm |
| Person Last | BERSHAD | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | DAVID SANDS CPA | PreparerPersonNm |
| PTIN | P01237416 | PTIN |
| Phone | 2126955003 | 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 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2022 | 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 | $813,260 | 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 | $5 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $5 | InterestOnSavNetInvstIncmAmt |
| Interest On Savings Adj Net Incm | $5 | InterestOnSavingsAdjNetIncmAmt |
| Dividends Rev And Expnss | $11,872 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $11,872 | DividendsNetInvstIncmAmt |
| Dividends Adj Net Incm | $11,872 | DividendsAdjNetIncmAmt |
| Net Gain Sale Ast Rev And Expnss | -$4,736 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $362,474 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $0 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $2,516 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $2,516 | OtherIncomeNetInvstIncmAmt |
| Other Income Adj Net Incm | $2,516 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | $9,657 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $14,393 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $14,393 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Adj Net Incm | $0 | CompOfcrDirTrstAdjNetIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Taxes Rev And Expnss | $1,563 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $0 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $0 | TaxesAdjNetIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $881 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $0 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $0 | OtherExpensesAdjNetIncmAmt |
| Other Expenses Dsbrs Chrtbl | $0 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $2,444 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $0 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $48,750 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $48,750 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $51,194 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $0 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $48,750 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$41,537 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $14,393 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $14,393 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst EOY | $57,281 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $57,281 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $259,848 | CorporateStockBOYAmt |
| Corporate Stock EOY | $271,905 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $301,273 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $576,043 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $465,168 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $454,706 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $835,891 | TotalAssetsBOYAmt |
| Total Assets EOY | $794,354 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $813,260 | TotalAssetsEOYFMVAmt |
| Other Liabilities BOY | $11,109 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $0 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $11,109 | 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 | $824,782 | RetainedEarningBOYAmt |
| Retained Earning EOY | $794,354 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $824,782 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $794,354 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $835,891 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $794,354 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $824,782 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$41,537 | ExcessRevenueOverExpensesAmt |
| Other Increases | $11,109 | OtherIncreasesAmt |
| Subtotal | $794,354 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $794,354 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (14 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| 671.033 SHS PHAEACIAN ACCENT INTERNATIONAL VALUE FUND CLASS NL | P | 2021-12-17 | 2022-04-08 | $10,227 | $11,078 | -$851 | -$851 |
| 183.234 SHS MATTHEWS ASIA DIVIDEND | P | 2021-09-28 | 2022-07-29 | $2,640 | $3,465 | -$825 | -$825 |
| 432.108 SHS MATTHEWS PACIFIC TIGER FUND INVESTOR SHARE | P | 2021-12-15 | 2022-03-16 | $10,457 | $11,905 | -$1,448 | -$1,448 |
| 16.884 SHS MATTHEWS ASIAN GROWTH & INCOME FUND CLASS | P | 2021-06-29 | 2022-04-22 | $240 | $317 | -$77 | -$77 |
| 259.191 SHS MATTHEWS ASIAN GROWTH & INCOME FUND CLASS | P | 2021-12-15 | 2022-07-29 | $3,509 | $4,127 | -$618 | -$618 |
| 58.948 SHS VANGUARD/WELLESLEY INCOME FUND ADMIRAL | P | 2021-06-18 | 2022-02-16 | $4,013 | $4,105 | -$92 | -$92 |
| 4038.575 SHS PHAEACIAN ACCENT INTERNATIONAL VALUE FUND CLASS | P | 2013-06-14 | 2022-04-22 | $60,382 | $53,550 | $6,832 | $6,832 |
| 1138.271 SHS MATTHEWS ASIA DIVIDEND | P | 2013-06-14 | 2022-05-04 | $16,402 | $18,978 | -$2,576 | -$2,576 |
| 2031.452 SHS MATTHEWS PACIFIC TIGER FUND INVESTOR SHARE | P | 2013-06-14 | 2022-07-29 | $47,042 | $49,867 | -$2,825 | -$2,825 |
| 2129.222 SHS MATTHEWS ASIAN GROWTH & INCOME FUND CLASS | P | 2013-06-14 | 2022-07-29 | $29,309 | $35,482 | -$6,173 | -$6,173 |
| 234.824 SHS VANGUARD/WELLESLEY INCOME FUND ADMIRAL | P | 2013-06-14 | 2022-04-22 | $15,987 | $14,134 | $1,853 | $1,853 |
| 120.632 SHS ACAP STRATEGIC FUND | P | 2021-11-29 | 2022-03-31 | $2,258 | $2,877 | -$619 | -$619 |
| 7221.029 SHS ACAP STRATEGIC FUND | P | 2020-04-27 | 2022-03-31 | $135,178 | $157,325 | -$22,147 | -$22,147 |
| CAPITAL GAINS DIVIDENDS | P | $24,830 | $24,830 | $24,830 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -$4,736 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | -$4,530 | NetShortTermCapitalGainLossAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $200 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $200 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $200 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $1,200 | 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 | $1,200 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $1,000 | OverpaymentAmt |
| Applied To ES Tax | $1,000 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | 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 | NY | 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 | BUCHBINDER TUNICK CO | IndividualWithBooksNm |
| Phone | 2126955003 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1 PENN PLAZA SUITE 3200 | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10119 | 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | WILLIAM BERSHAD | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2109 FOREST DR E | AddressLine1Txt |
| City | CHARLOTTE | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 28211 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Title | MANAGER | TitleTxt |
| Average Hrs Per Wk Devoted To Pos | 2.00 | AverageHrsPerWkDevotedToPosRt |
| Compensation | $0 | CompensationAmt |
| Employee Benefit Program | $0 | EmployeeBenefitProgramAmt |
| Expense Account Other Allwnc | $0 | ExpenseAccountOtherAllwncAmt |
| 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 | $759,988 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $85,197 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $845,185 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $845,185 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $12,678 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $832,507 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $41,625 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $41,625 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $200 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $200 | TotalTaxAmt |
| Distributable Before Adj | $41,425 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $41,425 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $41,425 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $48,750 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $48,750 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $41,425 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $1,721 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $5,606 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $7,765 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $9,130 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $3,750 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $27,972 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $48,750 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $41,425 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $7,325 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $35,297 | 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 | $1,721 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $33,576 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $5,606 | ExcessFromYear4Amt |
| Excess From Year3 | $7,765 | ExcessFromYear3Amt |
| Excess From Year2 | $9,130 | ExcessFromYear2Amt |
| Excess From Year1 | $3,750 | ExcessFromYear1Amt |
| Excess From Current Year | $7,325 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | WILLIAM BERSHAD | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (16 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|
| CHARLOTTE LATIN SCHOOL | |||||
| 9502 PROVIDENCE ROAD | CHARLOTTE | NC | 28277 | TO FURTHER THE CHARITABLE PURPOSE OF THE ORGANIZATION. | $5,000 |
| CHARLOTTE MECHKENBURG LIBRARY FOUNDATION | |||||
| 310 NORTH TRYON STREET | CHARLOTTE | NC | 28202 | TO FURTHER THE CHARITABLE PURPOSE OF THE ORGANIZATION. | $500 |
| CITY MEALS ON WHEELS | |||||
| 355 LEXINGTON AVENUE | NEW YORK | NY | 10017 | TO FURTHER THE CHARITABLE PURPOSE OF THE ORGANIZATION. | $1,000 |
| COMPREHENSIVE YOUTH DEVELOPMENT INC | |||||
| 240 SECOND AVENUE | NEW YORK | NY | 10003 | TO FURTHER THE CHARITABLE PURPOSE OF THE ORGANIZATION. | $1,000 |
| CORNELL UNIVERSITY | |||||
| 130 E SENECA STREET STE 400 | ITHACA | NY | 14850 | TO FURTHER THE CHARITABLE PURPOSE OF THE ORGANIZATION. | $20,250 |
| FATHER PURCELL MEMORIAL EXCEPTIONAL CHILDREN'S CENTER | |||||
| 2048 W FAIRVIEW AVE | MONTGOMERY | AL | 36108 | TO FURTHER THE CHARITABLE PURPOSE OF THE ORGANIZATION. | $1,000 |
| FRIENDSHIP CIRCLE | |||||
| 6619 SARDIS ROAD | CHARLOTTE | NC | 28270 | TO FURTHER THE CHARITABLE PURPOSE OF THE ORGANIZATION. | $3,000 |
| HIAS | |||||
| 333 SEVENTH AVENUE | NEW YORK | NY | 10001 | TO FURTHER THE CHARITABLE PURPOSE OF THE ORGANIZATION. | $1,000 |
| JEWISH FEDERATION OF GREATER CHARLOTTE | |||||
| 5007 PROVIDENCE ROAD SUITE 101 | CHARLOTTE | NC | 28226 | TO FURTHER THE CHARITABLE PURPOSE OF THE ORGANIZATION. | $5,000 |
| NJPAC | |||||
| 1 CENTER ST | NEWARK | NJ | 07102 | TO FURTHER THE CHARITABLE PURPOSE OF THE ORGANIZATION. | $1,000 |
| PENN PAC | |||||
| 50 RIVERSIDE DR APT 14F | NEW YORK | NY | 10024 | TO FURTHER THE CHARITABLE PURPOSE OF THE ORGANIZATION. | $2,000 |
| SOCIAL VENTURE PARTNERS | |||||
| 220 2ND AVENUE SUITE 300 | SEATTLE | WA | 98104 | TO FURTHER THE CHARITABLE PURPOSE OF THE ORGANIZATION. | $5,000 |
| STAND FOR ANIMALS | |||||
| 224 W 32ND STREET | CHARLOTTE | NC | 28206 | TO FURTHER THE CHARITABLE PURPOSE OF THE ORGANIZATION. | $1,000 |
| THE TOWN SCHOOL | |||||
| 540 EAST 76TH STREET | NEW YORK | NY | 10021 | TO FURTHER THE CHARITABLE PURPOSE OF THE ORGANIZATION. | $500 |
| VET CARE FOUNDATION | |||||
| 32726 LATROBE DRIVE | CHARLOTTE | NC | 28211 | TO FURTHER THE CHARITABLE PURPOSE OF THE ORGANIZATION. | $500 |
| VOLUNTEER LAWYERS FOR JUSTICE | |||||
| PO BOX 32040 | NEWARK | NJ | 07102 | TO FURTHER THE CHARITABLE PURPOSE OF THE ORGANIZATION. | $1,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $48,750 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $5 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $11,872 | ExclusionAmt |
Other Investment Income OtherInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $2,516 | RelatedOrExemptFunctionIncmAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $24,830 | ExclusionAmt |
| Related Or Exempt Function Incm | -$29,566 | RelatedOrExemptFunctionIncmAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $36,707 | ExclusionAmt |
| Related Or Exempt Function Incm | -$27,050 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $9,657 | TotalIncomeProducingActyAmt |
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Line Number | 1 | LineNumberTxt |
| Relationship Statement | NOT APPLICABLE | RelationshipStatementTxt |
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 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | 5197.047 FIRST EAGLE GLOBAL FUND | StockNm |
| EOY Book Value | $271,905 | EOYBookValueAmt |
| EOYFMV | $301,273 | EOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (6 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| 1637.000 SHS PIMCO DYNAMIC CR INCOME | AT COST | $45,469 | $30,252 |
| 893.140 VANGUARD/WELLESLEY INCOME FUND ADMIRAL | AT COST | $53,724 | $52,910 |
| 2384.076 FIRST EAGLE GLOBAL FUNDS CLASS I | AT COST | $118,339 | $138,944 |
| 150.000 SHS VANGUARD HEALTH CARE | AT COST | $39,524 | $37,208 |
| 2064.295 SHS AMERICAN MUTUAL FUND CLASS F2 | AT COST | $103,994 | $99,912 |
| 1838.983 SHS WASHINGTON MUTUAL INVESTORS FUND CLASS F2 | AT COST | $104,118 | $95,480 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| ADVISORY FEES | $781 | $0 | $0 | $0 |
| NEW YORK STATE FEES | $100 | $0 | $0 | $0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER INCOME | Desc |
| Revenue And Expenses Per Books | $2,516 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $2,516 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $2,516 | AdjustedNetIncomeAmt |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | CREDIT LINE REPAYMENT | Desc |
| Amt | $11,109 | Amt |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | UBS CREDIT LINE | Desc |
| BOY Book Value | $11,109 | BOYBookValueAmt |
| EOY Book Value | $0 | EOYBookValueAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| 2021 TAX LIABILITY | $363 | $0 | $0 | $0 |
| 2022 TAXES PAID | $1,200 | $0 | $0 | $0 |
Comments