BWETA FAMILY FOUNDATION: Form 990PF, tax year 2022

View the entire original 990 at ProPublica ↗

Organization
BWETA FAMILY FOUNDATION (EIN 13-4020892)
Tax period
2022-01-01 to 2022-12-31
Filed
2023-10-20
IRS object ID
202312939349100501
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 ReturnHeader

FieldValueIRS element (for citing)
Return2023-10-20T06:13:07-07:00ReturnTs
Tax Period End2022-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN133358774PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Bernath & Rosenberg PCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1126 Spruce StreetAddressLine1Txt
CityCedarhurstCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11516ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2022-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN134020892EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1BWETA FAMILY FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlBWETBusinessNameControlTxt
Phone2122211140PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1C/O J EZRA 131 MERCER ST PHBAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10012ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJAMIL EZRAPersonNm
Person TitleTrusteePersonTitleTxt
Signature2023-10-20SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstJAMILPersonFirstNm
Person LastEZRAPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonBenjamin BergerPreparerPersonNm
PTINP00236799PTIN
Phone2122211140PhoneNum

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer2TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
Federated Assurance LevelFAL1FederatedAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2022TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$957,032FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss$18InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$18InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$16,940DividendsRevAndExpnssAmt
Dividends Net Invst Incm$15,295DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$19,917NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$434,257GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$19,917CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$36,875TotalRevAndExpnssAmt
Total Net Invst Incm$35,230TotalNetInvstIncmAmt
Taxes Rev And Expnss$955TaxesRevAndExpnssAmt
Taxes Net Invst Incm$955TaxesNetInvstIncmAmt
Other Expenses Rev And Expnss$7,851OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$7,851OtherExpensesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss$8,806TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$8,806TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$64,755ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$64,755ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$73,561TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$8,806TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$64,755TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$36,686ExcessRevenueOverExpensesAmt
Net Investment Income$26,424NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$18,926CashBOYAmt
Cash EOY$43,772CashEOYAmt
Cash EOYFMV$43,822CashEOYFMVAmt
Sav And Temp Cash Invst BOY$2,290SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$1,352SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$1,352SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY$559,420CorporateStockBOYAmt
Corporate Stock EOY$352,306CorporateStockEOYAmt
Corporate Stock EOYFMV$763,917CorporateStockEOYFMVAmt
Other Assets EOY$147,941OtherAssetsEOYAmt
Other Assets EOYFMV$147,941OtherAssetsEOYFMVAmt
Total Assets BOY$580,636TotalAssetsBOYAmt
Total Assets EOY$545,371TotalAssetsEOYAmt
Total Assets EOYFMV$957,032TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Retained Earning BOY$580,636RetainedEarningBOYAmt
Retained Earning EOY$545,371RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$580,636TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$545,371TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$580,636TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$545,371TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$580,636TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$36,686ExcessRevenueOverExpensesAmt
Other Increases$1,422OtherIncreasesAmt
Subtotal$545,372SubtotalAmt
Other Decreases$1OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY$545,371TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)

PropertyPropertyDescHow AcquiredHowAcquiredCdAcquiredAcquiredDtSoldSoldDtGross Sales PriceGrossSalesPriceAmtCost Or Other BasisCostOrOtherBasisAmtGain Or LossGainOrLossAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
LPL FINANCIAL 6896P2022-01-012022-12-31$14,338$14,461-$123-$123
LPL FINANCIAL 6896P2020-01-012022-12-31$419,919$399,879$20,040$20,040
FieldValueIRS element (for citing)
Capital Gain Net Income$19,917CapitalGainNetIncomeAmt
Net Short Term Capital Gain Loss-$123NetShortTermCapitalGainLossAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$367InvestmentIncomeExciseTaxAmt
Subtotal$367SubtotalAmt
Tax Based On Investment Income$367TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$787EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits$787TotalPaymentsAndCreditsAmt
Overpayment$420OverpaymentAmt
Applied To ES Tax$420AppliedToESTaxAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateNYOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1BERNATH & ROSENBERG PCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone2122211140PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1126 SPRUCE STREETAddressLine1Txt
CityCEDARHURSTCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11516ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Acts Fail To Qlfy As ExceptionsfalseActsFailToQlfyAsExceptionsInd
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
Undistributed Income PYfalseUndistributedIncomePYInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmt
JAMIL EZRA
131 MERCER ST PHBNEW YORKNY10012Trustee0.00$0
BENJAMIN JOSEPH EZRA
131 MERCER ST PHBNEW YORKNY10012Trustee0.00$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$943,760AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$10,676AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$954,436TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$954,436AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$14,317CashDeemedCharitableAmt
Net Vl Noncharitable Assets$940,119NetVlNoncharitableAssetsAmt
Minimum Investment Return$47,006MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$47,006MinimumInvestmentReturnAmt
Tax Based On Investment Income$367TaxBasedOnInvestmentIncomeAmt
Total Tax$367TotalTaxAmt
Distributable Before Adj$46,639DistributableBeforeAdjAmt
Distributable Before Ded$46,639DistributableBeforeDedAmt
Distributable As Adjusted$46,639DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$64,755ExpensesAndContributionsAmt
Qualifying Distributions$64,755QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$46,639DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$15,557ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr3$9,230ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr1$22,886ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$47,673TotalExcessDistributionCyovAmt
Qualifying Distributions$64,755QualifyingDistributionsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$46,639AppliedToCurrentYearAmt
Remaining Distri From Corpus$18,116RemainingDistriFromCorpusAmt
Total Corpus$65,789TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$15,557ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$50,232ExcessDistriCyovToNextYrAmt
Excess From Year3$9,230ExcessFromYear3Amt
Excess From Year1$22,886ExcessFromYear1Amt
Excess From Current Year$18,116ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerJAMIL EZRAContributingManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (7 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
VARIOUS charitable organizations
131 MERCER STNEW YORKNY10012NONEEXEMPTCHARITABLE$5,065
Babylonian Jewish Center
440 Great Neck RdGreat NeckNY11021NONEEXEMPTCHARITABLE$850
FIDELITY CHARITABLE GIFT FUND
100 CROSBY PARKWAYCOVINGTONKY41015NONEEXEMPTCHARITABLE$30,000
CHABAD OF SOUTH BRONX
452 E 145th StBRONXNY10454NONEEXEMPTCHARITABLE$15,200
CITY ARTS INC
77 BLEEKER ST STE C218NEW YORKNY10012NONEEXEMPTCHARITABLE$10,000
BJC HEALTHCARE
4901 FOREST PARK AVENUEST LOUISMO63108NONEEXEMPTCHARITABLE$2,600
CHABAD TRIBECA
54 READS STNEW YORKNY10007NONEEXEMPTCHARITABLE$1,040
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$64,755TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$18ExclusionAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$16,940ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion$19,917ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$36,875ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$36,875TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp (2 entries)

DescDescEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
BRIDGE MULTIFAMILY$109,987$109,987
DUE FROM CHASE$37,954$37,954

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail

FieldValueIRS element (for citing)
DescBOOK TO TAX ADJUSTMENTDesc
Amt$1Amt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmt
BANK CHARGES$678$678
INVESTMENT & ADVISORY FEES$7,173$7,173

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail

FieldValueIRS element (for citing)
DescNON-DIVIDEND DISTRIBUTIONSDesc
Amt$1,422Amt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
Categoryforeign taxCategoryTxt
Amt$955Amt
Net Investment Income$955NetInvestmentIncomeAmt

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