SHELDON L AND PEARL R LEIBOWITZ DALE LEIBOWITZ LEGACY FOUNDATION: Form 990PF, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- SHELDON L AND PEARL R LEIBOWITZ DALE LEIBOWITZ LEGACY FOUNDATION (EIN 36-7632256)
- Tax period
- 2022-01-01 to 2022-12-31
- Filed
- 2023-11-09
- IRS object ID
- 202313139349101751
- 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
- Schedule B
- Depreciation Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Legal Fees Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-11-09T11:22:01-06:00 | ReturnTs |
| Tax Period End | 2022-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FOLEY & LARDNER LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 777 E WISCONSIN AVE | AddressLine1Txt |
| City | MILWAUKEE | CityNm |
| State Abbreviation | WI | StateAbbreviationCd |
| ZIP | 532025306 | 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 | 367632256 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SHELDON L AND PEARL R LEIBOWITZ | BusinessNameLine1Txt |
| Business Name Line2 | DALE LEIBOWITZ LEGACY FOUNDATION | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % SHERI KOLE | InCareOfNm |
| Business Name Control | SHEL | BusinessNameControlTxt |
| Phone | 6085091318 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | FOLEY 777 E WISCONSIN AVE 3600 | AddressLine1Txt |
| City | MILWAUKEE | CityNm |
| State Abbreviation | WI | StateAbbreviationCd |
| ZIP | 532025306 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | SHERI KOLE | PersonNm |
| Person Title | TRUSTEE | PersonTitleTxt |
| Phone | 7323716978 | PhoneNum |
| Signature | 2023-11-06 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | SHERI | PersonFirstNm |
| Person Last | KOLE | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | EMMALINE S JURGENA | PreparerPersonNm |
| PTIN | P02299102 | PTIN |
| Phone | 4142712400 | PhoneNum |
| Preparation | 2023-11-03 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| 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) |
|---|---|---|
| Address Change | Yes (X) | AddressChangeInd |
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $17,505,129 | 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 | $1,413,444 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $388 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $388 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $352,508 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $352,489 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $1,064,919 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $6,258,594 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $1,059,437 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $54,880 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $29,200 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $2,886,139 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $1,441,514 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $40,233 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $40,233 | CompOfcrDirTrstDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $29,157 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $0 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $29,157 | LegalFeesDsbrsChrtblAmt |
| Other Prof Fees Rev And Expnss | $88,408 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $86,800 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $1,608 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $22,955 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $4,071 | TaxesNetInvstIncmAmt |
| Other Expenses Rev And Expnss | $253,268 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $19,893 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $233,241 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $434,021 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $110,764 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $304,239 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $882,434 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $882,434 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,316,455 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $110,764 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,186,673 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $1,569,684 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $1,330,750 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $944,525 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $234,912 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $234,912 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl | $7,852 | AcctRcvblAmt |
| Acct Rcvbl BOY | $19,992 | AcctRcvblBOYAmt |
| Acct Rcvbl EOY | $7,852 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $7,852 | AcctRcvblEOYFMVAmt |
| Corporate Stock BOY | $10,480,933 | CorporateStockBOYAmt |
| Corporate Stock EOY | $7,018,463 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $6,635,348 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $4,923,176 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $10,668,686 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $10,627,017 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $16,368,626 | TotalAssetsBOYAmt |
| Total Assets EOY | $17,929,913 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $17,505,129 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Tot Net Ast Or Fund Balances BOY | $16,368,626 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $17,929,913 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $16,368,626 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $17,929,913 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $16,368,626 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $1,569,684 | ExcessRevenueOverExpensesAmt |
| Other Increases | $10,000 | OtherIncreasesAmt |
| Subtotal | $17,948,310 | SubtotalAmt |
| Other Decreases | $18,397 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $17,929,913 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (6 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|
| SEE ATTACHED SCHEDULE | P | $21,485 | $31,414 | -$9,929 | -$9,929 |
| SEE ATTACHED SCHEDULE | P | $6,187,576 | $5,167,050 | $1,021,542 | $1,020,526 |
| SEE ATTACHED SCHEDULE | P | $1,709 | $1,709 | ||
| CAPITAL GAIN DIVIDENDS | P | $59,482 | |||
| CAPITAL GAIN DIVIDENDS | P | $59,482 | |||
| CAPITAL GAIN DIVIDENDS | P | $59,482 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $1,059,437 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $18,497 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $18,497 | SubtotalAmt |
| Tax Based On Investment Income | $18,497 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $12,965 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $25,000 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $37,965 | TotalPaymentsAndCreditsAmt |
| Overpayment | $19,468 | OverpaymentAmt |
| Applied To ES Tax | $19,468 | AppliedToESTaxAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (true) | Form990TFiledInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | IL | OrgReportOrRegisterStateCd |
| Org Report Or Register State | WI | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SHERI KOLE | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 7323716978 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 111 SALEM AVENUE | AddressLine1Txt |
| City | SPRING LAKE | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07762 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Undistr Incm Sect4942a2 Not App | false | UndistrIncmSect4942a2NotAppInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | Yes (true) | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Transactions Fail To Qlfy As Exc | 0 | TransactionsFailToQlfyAsExcInd |
| Maintained Expenditure Rspns | Yes (true) | MaintainedExpenditureRspnsInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| DALE LEIBOWITZ | ||||||||
| FOLEY 777 E WISCONSIN AVE | MILWAUKEE | WI | 532025306 | TRUSTEE | 1.0 | $0 | $0 | $0 |
| SHERI KOLE | ||||||||
| 111 SALEM AVENUE | SPRING LAKE | NJ | 07762 | TRUSTEE | 1.0 | $0 | $0 | $0 |
| LMF VENTURE LLC | ||||||||
| 111 SALEM AVENUE | SPRING LAKE | NJ | 07762 | MANAGER | 2.0 | $40,233 | $0 | $0 |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | DONATIONS TO TAX-EXEMPT CHARITABLE ORGANIZATIONS AS REPORTED IN PART XIV. | Description1Txt |
| Expenses1 | $882,434 | Expenses1Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sum Of Program Related Invst | SumOfProgramRelatedInvstGrp |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $16,765,144 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $342,369 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $17,107,513 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $17,107,513 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $256,613 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $16,850,900 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $842,545 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $842,545 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $18,497 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $18,497 | TotalTaxAmt |
| Distributable Before Adj | $824,048 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $10,000 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $834,048 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $834,048 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,186,673 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $0 | CharitableAssetsAcquisPaidAmt |
| Set Aside Suitability Test | $0 | SetAsideSuitabilityTestAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $1,186,673 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $834,048 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Prior Year1 | 2020 | PriorYear1Yr |
| Prior Year2 | 2019 | PriorYear2Yr |
| Prior Year3 | 2018 | PriorYear3Yr |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $1,334,863 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $496,989 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $16,857 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr1 | $617,571 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $2,466,280 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $1,186,673 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Current Year | $834,048 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $352,625 | RemainingDistriFromCorpusAmt |
| Total Corpus | $2,818,905 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov From Yr5 | $1,334,863 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $1,484,042 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $496,989 | ExcessFromYear4Amt |
| Excess From Year3 | $16,857 | ExcessFromYear3Amt |
| Excess From Year1 | $617,571 | ExcessFromYear1Amt |
| Excess From Current Year | $352,625 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| 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 | PRL KEYSTONE FOUNDATION | BusinessNameLine1Txt |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 6580 MONOMA DRIVE SUITE 1035 | AddressLine1Txt |
| City | MADISON | CityNm |
| State Abbreviation | WI | StateAbbreviationCd |
| ZIP | 53716 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Relationship | NONE | RecipientRelationshipTxt |
| Recipient Foundation Status | PF | RecipientFoundationStatusTxt |
| Grant Or Contribution Purpose | GENERAL OPERATIONS | GrantOrContributionPurposeTxt |
| Amt | $882,434 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $882,434 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fees Contracts From Govt Ag | FeesContractsFromGovtAgGrp | |
| Membership Dues And Assmnt | MembershipDuesAndAssmntGrp |
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $388 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business | 900099 | BusinessCd |
| Unrelated Business Taxbl Incm | $19 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | 14 | ExclusionCd |
| Exclusion | $352,489 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Rntl Incm Re Debt Fincd Prop | NetRntlIncmReDebtFincdPropGrp | |
| Net Rntl Incm Re Not Debt Fincd Prop | NetRntlIncmReNotDebtFincdProp | |
| Net Rental Income Personal Prop | NetRentalIncomePersonalPropGrp | |
| Other Investment Income | OtherInvestmentIncomeGrp |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business | 900099 | BusinessCd |
| Unrelated Business Taxbl Incm | $5,482 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | 18 | ExclusionCd |
| Exclusion | $1,059,437 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Other Revenue Described OtherRevenueDescribedGrp (3 entries)
| DescDesc | BusinessBusinessCd | Unrelated Business Taxbl IncmUnrelatedBusinessTaxblIncmAmt | ExclusionExclusionCd | ExclusionExclusionAmt |
|---|---|---|---|---|
| ARROWMARK INC OPP FD QP - ORDINARY & OTHER INC | 900099 | $804 | 18 | $2,558 |
| OAKTREE GLOBAL CREDIT FD - PORTFOLIO INC | 18 | $6,073 | ||
| AG DIRECT LENDING FD III - ORDINARY & OTHER INC | 900099 | $24,876 | 18 | $20,569 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $31,181 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $1,441,514 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $1,472,695 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
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 Person | SHELDON L LEIBOWITZ CHARITABLE LEAD | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 1709 | AddressLine1Txt |
| City | DEERFIELD | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60015 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $1,413,444 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
Depreciation Schedule DepreciationSchedule
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (3 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| EXCHANGE TRADED FUNDS (ETFS) | $1,338,854 | $1,397,183 |
| MUTUAL FUNDS | $5,288,170 | $4,668,862 |
| STOCKS | $391,439 | $569,303 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (13 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| AG DIRECT LENDING FUND III LP | AT COST | $510,878 | $533,665 |
| ARROWMARK CLO EQUITY STRAT LP | AT COST | $609,709 | $671,931 |
| ARROWMARK GLOBAL III | AT COST | $625,634 | $732,845 |
| ARROWMARK INCOME OPP FD QP LP | AT COST | $767,665 | $754,132 |
| BLACKSTONE REIT | AT COST | $1,039,613 | $1,076,208 |
| CANYON CLO FUND III LP | AT COST | $248,731 | $254,603 |
| CROSBY STREET OFFSHORE FD | AT COST | $2,000,000 | $1,877,317 |
| ECAM PARTNERS FUND | AT COST | $2,002,260 | $1,803,241 |
| GOLUB CAPITAL PTNRS INT'L 14 | AT COST | $590,093 | $615,477 |
| HPS EURO ASSET VALUE FD II | AT COST | $330,004 | $380,363 |
| OAKTREE GLOBAL CREDIT FD LP | AT COST | $750,177 | $668,874 |
| ROSE AFF HOUSING PRS FD V REIT | AT COST | $607,707 | $664,463 |
| THOMA BRAVO CREDIT FD II | AT COST | $586,215 | $593,898 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | FOLEY & LARDNER LLP | CategoryTxt |
| Legal Fees | $29,157 | LegalFeesAmt |
| Disbursements Charitable Prps | $29,157 | DisbursementsCharitablePrpsAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | BOOK TO TAX COST ADJUSTMENTS | Desc |
| Amt | $18,397 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (5 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| ILLINOIS ANNUAL FILING FEE | $30 | $30 | |
| SCHOLARS PROGRAM | $230,477 | $230,477 | |
| BANK FEES | $15 | ||
| OTHER | $2,853 | $2,734 | |
| PORTFOLIO DEDUCTIONS (SCH K-1) | $19,893 | $19,893 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| ARROWMARK INCOME OPP FUND QP LP(SCH K-1) | $3,362 | $2,558 |
| OAKTREE GLOBAL CREDIT FUND LP (SCH K-1) | $6,073 | $6,073 |
| AG DIRECT LENDING FUND III LP (SCH K-1) | $45,445 | $20,569 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | RECOVERIES | Desc |
| Amt | $10,000 | Amt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| MANAGEMENT FEES | $86,800 | $86,800 | |
| OTHER | $1,608 | $1,608 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (4 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| FOREIGN TAXES PAID | $4,071 | $4,071 |
| EXCISE TAX PAYMENT | $14,461 | |
| FORM 990-T TAX PAYMENT | $4,000 | |
| STATE UBTI TAX | $423 |
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