HARD-EDGED HOPE FOUNDATION: Form 990PF, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- HARD-EDGED HOPE FOUNDATION (EIN 85-3866180)
- Tax period
- 2021-11-01 to 2022-10-31
- Filed
- 2023-09-15
- IRS object ID
- 202302589349100020
- Schema version
- 2021v4.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Schedule B
- Accounting Fees Schedule
- Amortization Schedule
- General Explanation Attachment
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Land Etc Schedule2
- Legal Fees Schedule
- Other Assets Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Substantial Contributors Sch
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-09-15T18:07:39-05:00 | ReturnTs |
| Tax Period End | 2022-10-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 873707167 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CBIZ MARKS PANETH LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4 MANHATTANVILLE ROAD SUITE 402 | AddressLine1Txt |
| City | PURCHASE | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10577 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2021-11-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 853866180 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HARD-EDGED HOPE FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | HARD | BusinessNameControlTxt |
| Phone | 2128890575 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 330 HUDSON ST 11 FL | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10013 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | CHRIS ANDERSON | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 2128890575 | PhoneNum |
| Signature | 2023-09-12 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | CHRIS | PersonFirstNm |
| Person Last | ANDERSON | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | MICHELE LAZZARA | PreparerPersonNm |
| PTIN | P00106188 | PTIN |
| Phone | 9145249000 | PhoneNum |
| Preparation | 2023-09-08 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 3 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2021 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $50,664,756 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $1,884,078 | ContriRcvdRevAndExpnssAmt |
| Dividends Rev And Expnss | $169,869 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $169,869 | DividendsNetInvstIncmAmt |
| Dividends Adj Net Incm | $169,869 | DividendsAdjNetIncmAmt |
| Cap Gain Net Incm Net Invst Incm | $0 | CapGainNetIncmNetInvstIncmAmt |
| Net ST Capital Gain Adj Net Incm | $0 | NetSTCapitalGainAdjNetIncmAmt |
| Total Rev And Expnss | $2,053,947 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $169,869 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $169,869 | 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 |
| Oth Empl Slrs Wgs Rev And Expnss | $166,667 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $83,334 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Adj Net Incm | $83,334 | OthEmplSlrsWgsAdjNetIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $83,333 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $8,155 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Net Invst Incm | $4,078 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Adj Net Incm | $4,078 | PensionEmplBnftAdjNetIncmAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $4,077 | PensionEmplBnftDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $77,032 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $38,516 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $38,516 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $38,516 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $26,604 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $17,269 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $17,269 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $9,335 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $117,717 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $9,025 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Adj Net Incm | $9,025 | OtherProfFeesAdjNetIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $108,692 | OtherProfFeesDsbrsChrtblAmt |
| Interest Rev And Expnss | $98 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $98 | InterestNetInvstIncmAmt |
| Interest Adj Net Incm | $0 | InterestAdjNetIncmAmt |
| Interest Dsbrs Chrtbl | $0 | InterestDsbrsChrtblAmt |
| Taxes Rev And Expnss | $53,543 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $18,496 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $5,562 | TaxesAdjNetIncmAmt |
| Taxes Dsbrs Chrtbl | $7,061 | TaxesDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $3,980 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $0 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Adj Net Incm | $0 | TravConfMeetingAdjNetIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $3,980 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $74,195 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $10,798 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $9,686 | OtherExpensesAdjNetIncmAmt |
| Other Expenses Dsbrs Chrtbl | $54,259 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $527,991 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $181,614 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $167,470 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $309,253 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $0 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $0 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $527,991 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $181,614 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $167,470 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $309,253 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $1,525,956 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $2,399 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $27,474,777 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $13,002,312 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $13,002,312 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $34,768,570 | CorporateStockBOYAmt |
| Corporate Stock EOY | $26,402,190 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $26,402,190 | CorporateStockEOYFMVAmt |
| Invst Land Cost Or Other Basis | $8,366,877 | InvstLandCostOrOtherBasisAmt |
| Land Bldg Investments EOY | $8,366,877 | LandBldgInvestmentsEOYAmt |
| Land Bldg Investments EOYFMV | $8,366,877 | LandBldgInvestmentsEOYFMVAmt |
| Other Investments BOY | $125,000 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $215,942 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $215,942 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $45,690 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $13,707 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $41,121 | LandBOYAmt |
| Land EOY | $31,983 | LandEOYAmt |
| Land EOYFMV | $31,983 | LandEOYFMVAmt |
| Other Assets BOY | $11,599,409 | OtherAssetsBOYAmt |
| Other Assets EOY | $2,645,452 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $2,645,452 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $74,008,877 | TotalAssetsBOYAmt |
| Total Assets EOY | $50,664,756 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $50,664,756 | TotalAssetsEOYFMVAmt |
| Loans From Officers EOY | $100,000 | LoansFromOfficersEOYAmt |
| Other Liabilities BOY | $10,815,980 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $2,408,833 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $10,815,980 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $2,508,833 | 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 | $63,192,897 | RetainedEarningBOYAmt |
| Retained Earning EOY | $48,155,923 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $63,192,897 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $48,155,923 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $74,008,877 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $50,664,756 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $63,192,897 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $1,525,956 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $64,718,853 | SubtotalAmt |
| Other Decreases | $16,562,930 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $48,155,923 | TotNetAstOrFundBalancesEOYAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $0 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $0 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $0 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $10,883 | 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 | $10,883 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $10,883 | OverpaymentAmt |
| Applied To ES Tax | $10,883 | 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 | 0 | 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 | Yes (1) | PrivateOperatingFoundationInd |
| New Substantial Contributors | Yes (1) | 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 | JANET RAMOS - SECRETARY | IndividualWithBooksNm |
| Phone | 2128890575 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 330 HUDSON STREET 11TH FLOOR | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10012 | 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 | Yes (1) | 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 |
| Acts Fail To Qlfy As Exceptions | 0 | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| CHRIS ANDERSON | ||||||||
| 330 HUDSON STREET 11TH FLOOR | NEW YORK | NY | 10012 | PRESIDENT | 5.00 | $0 | $0 | $0 |
| JACQUELINE NOVAGRATZ | ||||||||
| 330 HUDSON STREET 11TH FLOOR | NEW YORK | NY | 10012 | CEO | 5.00 | $0 | $0 | $0 |
| JANET RAMOS | ||||||||
| 330 HUDSON STREET 11TH FLOOR | NEW YORK | NY | 10012 | SECRETARY | 5.00 | $0 | $0 | $0 |
Compensation Highest Paid Empl CompensationHighestPaidEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | KATHERINE MANDERFIELD | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 173 HICKS STREET APT 5AB | AddressLine1Txt |
| City | BROOKLYN | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 11201 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Title | CEO - A NEW WORLD LL | TitleTxt |
| Average Hrs Per Wk Devoted To Pos | 40.00 | AverageHrsPerWkDevotedToPosRt |
| Compensation | $166,667 | CompensationAmt |
| Employee Benefits | $0 | EmployeeBenefitsAmt |
| Expense Account | $0 | ExpenseAccountAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| 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 |
|---|---|---|---|---|---|
| KATHERINE MANDERFIELD | |||||
| 173 HICKS STREET 5AB | BROOKLYN | NY | 11201 | CONSULTANT | $66,667 |
| AKERMAN LLP | |||||
| 1251 6TH AVENUE | NEW YORK | NY | 10020 | LEGAL | $53,324 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | HARD EDGED HOPE WILL FOCUS ON PROGRAMS THAT ATTEMPT TO DISCOVER NEW WAYS OF CREATING SOLUTIONS TO BIG PROBLEMS, INCLUDING HELPING THOSE IN NEED, ADDRESSING ENVIRONMENTAL ISSUES, AND ENHANCING COMMUNITY AND CULTURE. THE FOUNDATION WILL TRACK THE IMPACT OF THE IDEAS UNDERLYING THE PROGRAMS AND THOSE THAT ARE SUCCESSFUL WILL BE USED AS MODELS TO EDUCATE THE PUBLIC ON HOW BEST TO SOLVE LARGE WORLD PROBLEMS. THIS AMOUNT INCLUDES CASH SET ASIDE IRC 4942(G)(2)(B)(II). | Description1Txt |
| Expenses1 | $0 | Expenses1Amt |
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 | $32,144,167 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $14,227,654 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $170,471 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $46,542,292 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $46,542,292 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $698,134 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $45,844,158 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $2,292,208 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sect4942j3j5 Fndtn And Frgn Org | Yes (X) | Sect4942j3j5FndtnAndFrgnOrgInd |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $309,253 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $309,253 | QualifyingDistributionsAmt |
Private Operating Foundations PrivateOperatingFoundationsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Fndtn Ruling | 2020-11-09 | PrivateOperatingFndtnRulingDt |
| Section4942j3 | Yes (X) | Section4942j3Ind |
Lessor Adj Net Incm Min Invst Ret LessorAdjNetIncmMinInvstRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $2,399 | CurrentYearAmt |
| Year1 | $0 | Year1Amt |
| Year2 | $0 | Year2Amt |
| Year3 | $0 | Year3Amt |
| Total | $2,399 | TotalAmt |
Pct85 Lessor Adj Incm Or Min Ret Pct85LessorAdjIncmOrMinRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $2,039 | CurrentYearAmt |
| Year1 | $0 | Year1Amt |
| Year2 | $0 | Year2Amt |
| Year3 | $0 | Year3Amt |
| Total | $2,039 | TotalAmt |
Qualifying Distributions QualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $309,253 | CurrentYearAmt |
| Year1 | $10,781,758 | Year1Amt |
| Year2 | $0 | Year2Amt |
| Year3 | $0 | Year3Amt |
| Total | $11,091,011 | TotalAmt |
Qualifying Distri Not Used Drt QualifyingDistriNotUsedDrtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $0 | CurrentYearAmt |
| Year1 | $0 | Year1Amt |
| Year2 | $0 | Year2Amt |
| Year3 | $0 | Year3Amt |
| Total | $0 | TotalAmt |
Qualifying Distri Made Drt QualifyingDistriMadeDrtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $309,253 | CurrentYearAmt |
| Year1 | $10,781,758 | Year1Amt |
| Year2 | $0 | Year2Amt |
| Year3 | $0 | Year3Amt |
| Total | $11,091,011 | TotalAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Total Assets Sect4942j3 Bi TotalAssetsSect4942j3BiGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Two Thirds Minimum Invst Ret TwoThirdsMinimumInvstRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $1,528,139 | CurrentYearAmt |
| Year1 | $1,615,995 | Year1Amt |
| Year2 | $0 | Year2Amt |
| Year3 | $0 | Year3Amt |
| Total | $3,144,134 | TotalAmt |
Total Support TotalSupportGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Public Support Type PublicSupportType
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Largest Support From EO LargestSupportFromEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Gross Investment Income GrossInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | CHRIS ANDERSON | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
| Total Grant Or Contri Pd Dur Yr | $0 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $169,869 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $169,869 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $169,869 | 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 |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JACQUELINE NOVOGRATZ | BusinessNameLine1Txt |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 330 HUDSON STREET 11TH FLOOR | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10012 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $1,884,078 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| BPM | $2,804 | $1,402 | $1,402 | $1,402 |
| CBIZ MARKS PANETH | $23,800 | $15,867 | $15,867 | $7,933 |
Amortization Schedule AmortizationSchedule
Amortization Schedule Detail AmortizationScheduleDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amortized Expenses | ORGANIZATION COSTS | AmortizedExpensesDesc |
| Acquired Completed Or Expended | 2021-05-01 | AcquiredCompletedOrExpendedDt |
| Amortized | $45,690 | AmortizedAmt |
| Deduction For Prior Years | $4,569 | DeductionForPriorYearsAmt |
| Amortization Period | 60.000000000000 | AmortizationPeriodRt |
| Current Year Amortization | $9,138 | CurrentYearAmortizationAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $9,138 | AdjustedNetIncomeAmt |
| Total Amortization | $13,707 | TotalAmortizationAmt |
General Explanation Attachment GeneralExplanationAttachment
General Explanation GeneralExplanationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | CASH DISTRIBUTION SET-ASIDE | IdentifierTxt |
| Form And Line Reference | FORM 990-PF, PART XII LINE 3B | FormAndLineReferenceDesc |
| Medium Explanation | AMOUNTS SET ASIDE 8015.01 - CLOSING STATEMENT 8,200,000 8015.02 - HARD COSTS 2,500,000 8015.02 - HHF CONSULTING 40,000 8015.02 - ELEVATOR CONSULTING 15,000 8015.02 - ASBESTOS TESTING 5,975 8015.02 - EXPEDITING & PERMITTING 14,000 TOTAL 10,774,975 2021 EXPENSES PAID THROUGH OCTOBER 2021 DEPOSIT ON BUILDING 820,000 BUILDING COSTS 4,434SUBTOTAL 824,4342022 EXPENSES THROUGH OCTOBER 2022BALANCE PAID FOR PURCHASE OF BUILDING 7,380,000 BUILDING COSTS 36,763ARCHITECT 73,680BUILDING PERMITS 20,499ENGINEER 25,525ASBESTOS TESTING 5,975 SUBTOTAL 7,542,4422023 EXPENSES PAID THROUGH JULY 2023ARCHITECT 95,377ASBESTOS REMOVAL EXPENSES 14,000BUILDING PERMITS 200ELEVATOR 3,200GENERAL CONTRACTOR 8,073LIGHTING CONSULTANT 14978ENGINEER 132,356SUBTOTAL 268,184TOTAL PAID THROUGH JULY 2023 8,635,060BALANCE TO BE PAID FROM 2023 THRU 2024 2,139,915TOTAL EXPENSES PAID AND BALANCES TO BE PAID 10,774,975 | MediumExplanationTxt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (9 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| TESLA INC | $4,095,720 | $4,095,720 |
| NETFLIX INC | $1,459,400 | $1,459,400 |
| MODERNA INC | $2,254,950 | $2,254,950 |
| JOHNSON & JOHNSON | $3,479,400 | $3,479,400 |
| BIONTECH | $3,165,720 | $3,165,720 |
| BEYOND MEAT | $235,500 | $235,500 |
| APPLE INC | $3,833,500 | $3,833,500 |
| AMAZON | $4,097,600 | $4,097,600 |
| ALPHABET INC. | $3,780,400 | $3,780,400 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | THE EQUITY ALLIANCE FUND LP | CategoryOrItemTxt |
| Listed At Cost Or FMV | FMV | ListedAtCostOrFMVCd |
| Book Value | $215,942 | BookValueAmt |
| EOYFMV | $215,942 | EOYFMVAmt |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | ORGANIZATION COSTS | CategoryOrItemTxt |
| Cost Or Other Basis | $45,690 | CostOrOtherBasisAmt |
| Accumulated Depreciation | $13,707 | AccumulatedDepreciationAmt |
| Book Value | $31,983 | BookValueAmt |
| EOYFMV | $31,983 | EOYFMVAmt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp (2 entries)
| CategoryCategoryTxt | Legal FeesLegalFeesAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| AKERMAN, LLP | $53,324 | $26,662 | $26,662 | $26,662 |
| PERLMAN & PERLMAN LLP | $23,708 | $11,854 | $11,854 | $11,854 |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (5 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| OUR NEIGHBORHOOD PLACE LLC | $824,434 | $0 | $0 |
| ANOTHER TOMORROW | $0 | $200,000 | $200,000 |
| THE NEARNESS | $0 | $25,000 | $25,000 |
| CASH SET ASIDE IRC 4942(G)(2)(B)(II) | $10,774,975 | $2,408,098 | $2,408,098 |
| OTHER ASSETS | $0 | $12,354 | $12,354 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | UNREALIZED LOSS ON INVESTMENTS | Desc |
| Amt | $16,562,930 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (10 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| BANK CHARGES | $1,135 | $1,135 | $0 | $0 |
| DEDUCTIONS RELATED TO PORTFOLIO INCOME | $5,123 | $5,123 | $0 | $0 |
| DEDUCTIONS RELATED TO INVESTMENT PARTNERSHIPS | $3,992 | $3,992 | $0 | $0 |
| PROPERTY INSURANCE | $12,798 | $0 | $0 | $12,798 |
| REPAIRS & MAINTENANCE | $18,275 | $0 | $0 | $18,275 |
| UTILITIES | $18,217 | $0 | $0 | $18,217 |
| DUES & SUBSCRIPTIONS | $675 | $338 | $338 | $337 |
| PAYROLL PROCESSING FEES | $419 | $210 | $210 | $209 |
| MISCELLANEOUS EXPENSES | $4,423 | $0 | $0 | $4,423 |
| AMORTIZATION | $9,138 | $0 | $9,138 | $0 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail (2 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt |
|---|---|---|
| CASH SET ASIDE IRC 4942(G)(2)(B)(II) | $10,774,975 | $2,408,098 |
| CREDIT CARDS & OTHER | $41,005 | $735 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (5 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| LIFESTYLE MANAGEMENT NY, CORP | $33,000 | $0 | $0 | $33,000 |
| KATHERINE MANDERFIELD | $66,667 | $0 | $0 | $66,667 |
| KATIE BROWN | $4,300 | $2,150 | $2,150 | $2,150 |
| CAROLINE DOLLMAN | $5,000 | $2,500 | $2,500 | $2,500 |
| RACHEL GOGEL, LLC | $8,750 | $4,375 | $4,375 | $4,375 |
Substantial Contributors Sch SubstantialContributorsSch
Substantial Contributor Detail SubstantialContributorDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JACQUELINE NOVAGRATZ | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 330 HUDSON STREET 11TH FLOOR | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10012 | ZIPCd |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (4 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| FOREIGN TAXES | $12,934 | $12,934 | $0 | $0 |
| PAYROLL TAXES | $11,123 | $5,562 | $5,562 | $5,561 |
| NYS DEPT OF LAW FILING FEE | $1,500 | $0 | $0 | $1,500 |
| PROPERTY TAXES | $27,986 | $0 | $0 | $0 |