ELIZABETH AND BARETS O BENJAMIN CHARITABLE FOUNDATION INC: Form 990PF, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- ELIZABETH AND BARETS O BENJAMIN CHARITABLE FOUNDATION INC (EIN 22-3390586)
- Tax period
- 2022-01-01 to 2022-12-31
- Filed
- 2023-08-10
- IRS object ID
- 202302229349100220
- 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
- Accounting Fees Schedule
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Legal Fees Schedule
- Other Assets Schedule
- Other Expenses Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-08-10T13:21:37-05:00 | ReturnTs |
| Tax Period End | 2022-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 131833422 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ASH & PARSONT LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 122 EAST 42ND STREET SUITE 1507 | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 101681599 | 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 | 223390586 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE ELIZABETH & BARETS O BENJAMIN | BusinessNameLine1Txt |
| Business Name Line2 | CHARITABLE FOUNDATION INC | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | ELIZ | BusinessNameControlTxt |
| Phone | 9733029700 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | CO SASS 210 PARK AVENUE 2ND FLOOR | AddressLine1Txt |
| City | FLORHAM PARK | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07932 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | PETER LASSER | PersonNm |
| Person Title | TRUSTEE/PRESIDENT | PersonTitleTxt |
| Phone | 9736711216 | PhoneNum |
| Signature | 2023-08-03 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | PETER | PersonFirstNm |
| Person Last | LASSER | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | DAN A DIERS | PreparerPersonNm |
| PTIN | P00110543 | PTIN |
| Phone | 2129531250 | PhoneNum |
| Preparation | 2023-08-03 | PreparationDt |
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 | $11,719,057 | 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 | $87,742 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $87,742 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $129,193 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $126,058 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $780,086 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $2,874,532 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $780,086 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $997,021 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $993,886 | 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 | $9,692 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $9,692 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $3,950 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $3,950 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $139,761 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $85,598 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $54,163 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $22,974 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $1,150 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $913 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $0 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $913 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $359 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $114 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $245 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $177,649 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $86,862 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $68,963 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $633,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $633,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $810,649 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $86,862 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $701,963 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $186,372 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $907,024 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash EOY | $1 | CashEOYAmt |
| Cash EOYFMV | $1 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $271,205 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $1,199,704 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $1,199,898 | SavAndTempCashInvstEOYFMVAmt |
| US Government Obligations BOY | $525,172 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $413,852 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $377,489 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $5,286,509 | CorporateStockBOYAmt |
| Corporate Stock EOY | $4,627,222 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $7,057,835 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $3,283,164 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $3,314,085 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $3,076,736 | CorporateBondsEOYFMVAmt |
| Other Assets BOY | $9,540 | OtherAssetsBOYAmt |
| Other Assets EOY | $7,098 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $7,098 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $9,375,590 | TotalAssetsBOYAmt |
| Total Assets EOY | $9,561,962 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $11,719,057 | 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 | $9,375,590 | RetainedEarningBOYAmt |
| Retained Earning EOY | $9,561,962 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $9,375,590 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $9,561,962 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $9,375,590 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $9,561,962 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $9,375,590 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $186,372 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $9,561,962 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $9,561,962 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (4 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|
| PUBLICLY TRADED SECURITIES | P | $377,182 | $439,433 | -$62,251 | -$62,251 |
| PUBLICLY TRADED SECURITIES | P | $2,496,480 | $1,655,013 | $841,467 | $841,467 |
| CLASS ACTION SETTLEMENTS | P | $833 | $833 | $833 | |
| CAPITAL GAINS DIVIDENDS | P | $37 | $37 | $37 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $780,086 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $12,608 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $12,608 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $12,608 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $15,760 | 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 | $15,760 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $27 | EsPenaltyAmt |
| Overpayment | $3,125 | OverpaymentAmt |
| Applied To ES Tax | $3,125 | 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 | NJ | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | NONE | WebsiteAddressTxt |
| Individual With Books | SHERMAN ATLAS SYLVESTER STAMELMAN | IndividualWithBooksNm |
| Phone | 9733029700 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 210 PARK AVENUE 2ND FLOOR | AddressLine1Txt |
| City | FLORHAM PARK | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07932 | 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 (7 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| MARY R LASSER | ||||||||
| 333 ELMWOOD AVENUE | MAPLEWOOD | NJ | 07040 | TRUSTEE/PRESIDENT | 0.25 | $0 | $0 | $0 |
| PETER LASSER | ||||||||
| 2628 WINDING LANE | ATLANTA | GA | 30319 | VP/TREAS | 2.00 | $0 | $0 | $0 |
| ANDREW STAMELMAN ESQ | ||||||||
| 210 PARK AVENUE 2ND FLOOR | FLORHAM PARK | NJ | 07932 | TRUSTEE/SECRETARY | 2.00 | $0 | $0 | $0 |
| JULIA WATT-ROSENFELD | ||||||||
| 163 OCEAN AVENUE 3E | BROOKLYN | NY | 11225 | TRUSTEE | 0.25 | $0 | $0 | $0 |
| VICKI RUDNITSKY | ||||||||
| 3852 ALAMANDA DRIVE | SARASOTA | FL | 34238 | TRUSTEE | 0.25 | $0 | $0 | $0 |
| MADELEINE LASSER | ||||||||
| 4418 SPRUCE STREET APT L4 | PHILADELPHIA | PA | 19104 | TRUSTEE | 0.25 | $0 | $0 | $0 |
| JESSE ROSENFELD | ||||||||
| 748 KING STREET | RYE BROOK | NY | 10573 | TRUSTEE | 0.25 | $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 (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| 1919 INVESTMENT COUNSEL LLC | |||||
| 2 LOGAN SQUARE SUITE 1850 | PHILADELPHIA | PA | 19103 | INVESTMENT MANAGEMENT AND ADMINISTRATION | $85,598 |
| THE PHILANTHROPIC INITIATIVE | |||||
| 75 ARLINGTON STREET SUITE 710 | BOSTON | MA | 02116 | CHARITABLE PLANNING | $54,163 |
| 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 | $12,976,364 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $24,109 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $13,000,473 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $13,000,473 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $195,007 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $12,805,466 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $640,273 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $640,273 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $12,608 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $12,608 | TotalTaxAmt |
| Distributable Before Adj | $627,665 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $627,665 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $627,665 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $701,963 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $701,963 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $627,665 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr2 | $71,808 | ExcessDistributionCyovYr2Amt |
| Total Excess Distribution Cyov | $71,808 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $701,963 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $627,665 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $74,298 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $146,106 | 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 | $146,106 | ExcessDistriCyovToNextYrAmt |
| Excess From Year2 | $71,808 | ExcessFromYear2Amt |
| Excess From Current Year | $74,298 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | MARY R LASSER | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE PHILANTHROPIC INITIATIVE | BusinessNameLine1Txt |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 420 BOYLSTON STREET | AddressLine1Txt |
| City | BOSTON | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02116 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Relationship | NONE | RecipientRelationshipTxt |
| Recipient Foundation Status | PC | RecipientFoundationStatusTxt |
| Grant Or Contribution Purpose | FOR OPERATIONS | GrantOrContributionPurposeTxt |
| Amt | $633,000 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $633,000 | 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 | $87,742 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $129,193 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $780,086 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $997,021 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $997,021 | 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 | ASH & PARSONT LLP | CategoryTxt |
| Amt | $3,950 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $3,950 | DisbursementsCharitablePrpsAmt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (58 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| 50,000 COCA COLA CO/THE 1.45% 6/01/27 | $49,940 | $44,139 |
| 45,000 GILEAD SCIENCES INC 1.2% 10/01/27 | $44,961 | $38,162 |
| 80,000 AT&T INC 1.65% 2/01/28 | $79,899 | $67,564 |
| 60,000 CELGENE CORP 3.9% 2/20/28 | $59,485 | $55,889 |
| 65,000 LOWE'S COS INC 1.3% 4/15/28 | $64,954 | $54,015 |
| 45,000 APPLE INC 0.75% 5/11/23 | $44,878 | $44,352 |
| 50,000 MERCK & CO INC 2.8% 5/18/23 | $50,106 | $49,627 |
| 30,000 WELLS FARGO & CO 4.125% 8/15/23 | $30,003 | $29,820 |
| 90,000 BK OF AMER CORP 4% 4/01/24 | $90,260 | $88,865 |
| 100,000 ORACLE CORP 3.4% 7/08/24 | $101,081 | $97,559 |
| 85,000 CITI GROUP INC 0.776% 10/30/24 | $85,000 | $81,444 |
| 60,000 PNC FINL SVCS 2.2% 11/01/24 | $59,980 | $57,328 |
| 40,000 GEN MTRS FINL CO 2.9% 2/26/25 | $39,950 | $37,886 |
| 30,000 INTEL CORP 3.4% 3/25/25 | $29,954 | $29,246 |
| 50,000 QUALCOMM INC 3.45% 5/20/25 | $49,628 | $48,671 |
| 45,000 HP INC 2.2% 6/17/25 | $44,896 | $42,042 |
| 45,000 PROCTER & GAMBLE CO 0.55% 10/29/25 | $44,927 | $40,359 |
| 50,000 MICROSOFT CORP 3.125% 11/03/25 | $51,166 | $48,301 |
| 50,000 EXXON MOBIL CORP 3.043% 3/01/26 | $51,061 | $47,689 |
| 45,000 CHARLES SCHWAB CORP 0.9% 3/11/26 | $44,945 | $39,914 |
| 40,000 WELLTOWER INC 2.7% 2/15/27 | $39,957 | $36,022 |
| 45,000 PROLOGIS LP 2.125% 4/15/27 | $44,779 | $40,290 |
| 100,000 ABBVIE INC 4.25% 11/14/28 | $105,755 | $96,457 |
| 40,000 BOSTON PPTYS LP 4.5% 12/01/28 | $39,865 | $37,082 |
| 35,000 AT&T INC 4.35% 3/01/29 | $34,828 | $33,284 |
| 35,000 BLACKROCK INC 3.25% 4/30/29 | $34,716 | $32,277 |
| 45,000 AVANGRID INC 3.8% 6/01/29 | $44,936 | $40,891 |
| 60,000 UNITEDHEALTH GROUP 2.875% 8/15/29 | $60,961 | $53,462 |
| 40,000 ANTHEM INC 2.875% 9/15/29 | $39,952 | $35,143 |
| 95,000 HOST HOTELS 3.375% 12/15/29 | $94,257 | $79,418 |
| 45,000 HALLIBURTON CO 2.92% 3/01/30 | $44,988 | $38,579 |
| 50,000 VERIZON 1.75% 1/20/31 | $49,773 | $38,792 |
| 45,000 TOYOTA MTR CR MTN 1.35% B/25/23 | $44,983 | $43,995 |
| 45,000 BK OF NY MELLON MTN 1.6% 4/24/25 | $44,983 | $41,814 |
| 100,000 WELLS FARGO & CO MTN 3.55% 9/29/25 | $101,455 | $96,168 |
| 45,000 PRUDENTIAL FINL MTN 1.5% 3/10/26 | $44,859 | $40,517 |
| 60,000 MORGAN STANLEY 2.72% 7/22/25 | $60,037 | $57,361 |
| 45,000 CITIGROUP INC V/R 4/08/26 | $45,000 | $42,596 |
| 40,000 JPMORGAN CHASE & CO V/R 1/29/27 | $40,000 | $38,130 |
| 35,000 BK OF MONTREAL 2.5% 6/28/24 | $34,915 | $33,703 |
| 70,000 INTL BK RECON 3.125% 11/20/25 | $69,612 | $67,626 |
| 40,000 NUTRIEN LTD 4.2% 4/01/29 | $40,062 | $37,572 |
| 95,000 TORONTO-DOMINION BK 1.15% 6/12/25 | $95,473 | $86,665 |
| 115,000 VERIZON - .75% - 03/22/24 | $114,993 | $109,098 |
| 85,000 NVIDIA CORP - .584% - 06/14/24 | $85,000 | $80,201 |
| 45,000 THERMO FISHER 1.215% 10/18/24 | $45,000 | $42,233 |
| 45,000 WALMART INC 1.5% 9/22/28 | $44,952 | $38,563 |
| 65,000 AUTODESK INC 2.4% 12/15/31 | $64,365 | $51,923 |
| 80,000 MORGAN STANLEY 1/25/24 | $80,000 | $79,463 |
| 45,000 BANK OF AMERICA 9/15/26 | $44,442 | $43,681 |
| 50,000 AT&T 0.9% 3/25/24 | $50,000 | $47,481 |
| 65,000 UNITEDHEALTH 0.55% 5/15/24 | $64,932 | $61,328 |
| 50,000 EVERSOURCE ENERGY 4.2% 6/27/24 | $49,982 | $49,421 |
| 45,000 CINTAS CORP 3.45% 5/1/25 | $44,990 | $43,538 |
| 80,000 TARGET CORP 4.5% 9/15/32 | $77,530 | $77,643 |
| 40,000 COMCAST CORP 5.5% 11/15/32 | $39,747 | $41,708 |
| 65,000 TOYOTA MTR CR 1.125% 6/18/26 | $64,971 | $57,425 |
| 70,000 BK OF N S 1.95% 2/02/27 | $69,961 | $62,314 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (96 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| 346 HERSHEY CO/THE | $49,887 | $80,123 |
| 221 CINTAS CORP | $25,798 | $99,808 |
| 331 LAUDER ESTEE COS INC-A | $19,643 | $82,124 |
| 318 EXACT SCIENCES CORP | $28,026 | $15,744 |
| 77 ALNYLAM PHARMA INC | $5,194 | $18,299 |
| 21 INTUITIVE SURGICAL INC | $10,924 | $17,513 |
| 324 UNITEDHEALH GROUP INC | $14,488 | $171,778 |
| 671 DISNEY (THE WALT) COMPANY DEL | $82,431 | $58,296 |
| 1,211 TJX COMPANIES INC | $25,491 | $96,396 |
| 163 ADOBE INC | $19,752 | $54,854 |
| 1,528 AMAZON.COM INC | $64,939 | $128,352 |
| 245 AUTODESK INC | $38,840 | $45,783 |
| 2,249 CISCO SYSTEMS INC | $77,042 | $107,142 |
| 17 MERCADOLIBRE INC | $9,772 | $14,386 |
| 1,362 MICROSOFT CORP | $110,705 | $326,635 |
| 269 SALESFORCE COM INC | $24,474 | $35,667 |
| 1,086 QUALCOMM INC | $71,678 | $119,395 |
| 707 CHEGG INC | $25,502 | $17,866 |
| 537 PALO ALTO NETWORKS INC | $41,697 | $74,933 |
| 93 SERVICENOW INC | $40,570 | $36,109 |
| 198 SPLUNK INC | $28,013 | $17,046 |
| 601 DANAHER CORP | $24,216 | $159,517 |
| 269 TELEFLEX INC | $69,308 | $67,150 |
| 93 TESLA INC | $1,180 | $11,456 |
| 345 HONEYWELL INTERNATIONAL INC | $48,303 | $73,934 |
| 1,869 APPLE INC | $9,218 | $242,839 |
| 184 INTUIT INC | $19,761 | $71,616 |
| 478 NVIDIA CORP | $22,218 | $69,855 |
| 304 SOLAREDGE TECHNOLOGIES INC | $30,704 | $86,114 |
| 561 HEICO CORP CL A | $51,960 | $67,236 |
| 402 UNION PACIFIC CORP | $25,472 | $83,242 |
| 2,286 BANK OF AMERICA CORP | $50,369 | $75,712 |
| 455 JP MORGAN CHASE & CO | $20,880 | $61,016 |
| 583 VISA INC-CLASS A SHARES | $26,239 | $121,124 |
| 557 CROWN CASTLE INTL CORP NEW COM | $16,782 | $75,551 |
| 23 EQUINIX INC | $11,112 | $15,066 |
| 1,319 NEXTERA ENERGY INC | $56,099 | $110,268 |
| 8,355 ISHARES MSCI SINGAPORE ETF | $200,271 | $157,158 |
| 3,832 VANGUARD SMALL CAP | $580,489 | $703,325 |
| 6,600 VANGUARD FTSE EMERGING MARKETS ETF | $300,201 | $257,268 |
| 509 PROLOGIS INC | $27,405 | $57,380 |
| 1,464 ALPHABET INC-CL C | $14,661 | $129,901 |
| 77 FACEBOOK INC-A | $10,131 | $9,266 |
| 1,436 HANNON ARMSTRONG SUSTAINABLE | $46,620 | $41,615 |
| 146 T MOBILE US INC | $11,567 | $20,440 |
| 2,220 TRUIST FINANCIAL CORPORATION | $56,354 | $70,053 |
| 244 ROKU INC | $32,623 | $9,931 |
| 1,249 NATIONAL VISION HOLDINGS INC | $50,532 | $48,411 |
| 467 TELADOC HEALTH INC | $35,956 | $11,045 |
| 328 IQVIA HOLDINGS INC | $47,299 | $67,204 |
| 253 CLOUDFLARE INC - CLASS A | $9,374 | $11,438 |
| 954 ALPHABET INC/CA-CL A | $9,555 | $84,171 |
| 653 UBER TECHNOLOGIES INC | $21,321 | $16,149 |
| 765 PAYPAL HOLDINGS INC | $35,941 | $54,483 |
| 419 AMERICAN WATER WORKS | $9,351 | $63,864 |
| 368 AON PLC | $84,944 | $110,452 |
| 989 EATON CORP PLC | $96,572 | $155,224 |
| 220 LINDE PLC | $42,165 | $71,760 |
| 1,003 PAGSEGURO DIGITAL LID-CL A | $19,216 | $8,766 |
| 499 CHUBB LTD | $50,171 | $110,079 |
| 370 SPOTIFY TECHNOLOGY INC. | $29,326 | $12,843 |
| 365 YANDEX NV-A | $13,638 | $0 |
| 1,453 GENMAB A/S -SP ADR | $43,609 | $61,578 |
| 221 SEA L TD-ADR | $10,047 | $11,499 |
| 766 VALERO ENERGY INC | $62,753 | $97,175 |
| 1,130 STEEL DYNAMICS | $58,722 | $110,401 |
| 763 SCHWAB CHARLES CORP | $52,533 | $63,527 |
| 339 THERMO FISHER | $18,974 | $186,684 |
| 579 ADVANCED DRAINAGE SYSTEMS | $65,088 | $47,461 |
| 259 ELI LILLY | $71,007 | $94,753 |
| 540 ZIMMER BIOMET HOLDINGS | $84,368 | $68,850 |
| 240 NETFLIX | $95,116 | $70,771 |
| 39 CHIPOTLE | $55,279 | $54,112 |
| 145 COSTCO WHOLESALE | $20,264 | $66,193 |
| 1,765 LEGALZOOM | $34,473 | $13,661 |
| 130 AIRBNB INC - CLASS A | $18,164 | $11,115 |
| 377 ROBLOX CORP | $25,640 | $10,729 |
| 2,258 HELLO FRESH | $36,576 | $12,216 |
| 500 THE HOME DEPOT | $38,127 | $157,930 |
| 443 PIONEER NATURAL RESOURCES | $94,781 | $101,178 |
| 363 TREX INC | $32,352 | $15,366 |
| 104 OLD DOMINION FGHT LINE INC | $32,313 | $29,513 |
| 324 M&T BANK CORP | $55,285 | $46,999 |
| 454 REINSURANCE GROUP OF AMERICA INC | $62,640 | $64,509 |
| 181 WOLFSPEED INC COM | $14,287 | $12,496 |
| 452 DOXIMNITY INC | $21,779 | $15,169 |
| 507 PROGYNY INC | $16,769 | $15,793 |
| 60 MODERNA INC | $12,644 | $10,777 |
| 969 UNIPATH INC | $26,837 | $12,316 |
| 1,524 PALANTIR TECHNOLOGIES INC | $21,735 | $9,784 |
| 170 TWILIO INC | $16,405 | $8,323 |
| 190 CRISPR THERAPEUTICS AG | $15,512 | $7,724 |
| 1,265 ASTRAZENECA PLC SPONS ADR | $80,581 | $85,767 |
| 581 NUTRIEN LTD | $57,395 | $42,430 |
| 1,633 SHELL PLC ADR | $86,276 | $92,999 |
| 1,045 SCHLUMBERGER LTD | $54,521 | $55,866 |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $413,852 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $377,489 | USGovtObligationsEOYFMVAmt |
| State Local Sec Book Vl EOY | $0 | StateLocalSecBookVlEOYAmt |
| State Local Sec EOYFMV | $0 | StateLocalSecEOYFMVAmt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | SHERMAN ATLAS | CategoryTxt |
| Legal Fees | $9,692 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $9,692 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | DUE TO/FROM BROKER | Desc |
| BOY Book Value | $9,540 | BOYBookValueAmt |
| EOY Book Value | $7,098 | EOYBookValueAmt |
| EOYFMV | $7,098 | EOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| JPMORGAN CHASE - BANK CHARGES | $245 | $0 | $245 |
| ADR FEES | $114 | $114 | $0 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| 1919/STATE STREET - INVESTMENT COUNSEL/CUSTODY FEES AND ADMINISTRATION | $85,598 | $85,598 | $0 |
| TPI CONSULTING - GRANT CONSULTANT FEE | $54,163 | $0 | $54,163 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| FOREIGN TAXES | $1,150 | $1,150 | $0 |
| FEDERAL EXCISE TAX | $21,824 | $0 | $0 |
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