BETA

ETZCHAIM CHARITABLE TR: Form 990PF, tax year 2022

View the entire original 990 at ProPublica ↗

Organization
ETZCHAIM CHARITABLE TR (EIN 13-7138977)
Tax period
2022-01-01 to 2022-12-31
Filed
2023-11-03
IRS object ID
202323079349101412
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)
Return2023-11-03T10:56:56-05:00ReturnTs
Tax Period End2022-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN420714325PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1RSM US LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1151 WEST 42ND STREET 19TH FLOORAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10036ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2022-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN137138977EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE ETZ CHAIM CHARITABLE TRUSTBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlETZCBusinessNameControlTxt
Phone9292343381PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line15401 COLLINS AVENUE 825AddressLine1Txt
CityMIAMI BEACHCityNm
State AbbreviationFLStateAbbreviationCd
ZIP33140ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonSAUL WOLFPersonNm
Person TitleTRUSTEEPersonTitleTxt
Phone9292343381PhoneNum
Signature2023-11-01SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstSAULPersonFirstNm
Person LastWOLFPersonLastNm
FieldValueIRS element (for citing)
SSNXXX-XX-XXXXSSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info Curr0IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonDONNA ALOISEPreparerPersonNm
PTINP00775237PTIN
Phone2123721000PhoneNum
Preparation2023-11-01PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer2TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
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$44,097,286FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$4,000ContriRcvdRevAndExpnssAmt
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss$6,563InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$6,563InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$2,806,605DividendsRevAndExpnssAmt
Dividends Net Invst Incm$2,771,826DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$745,815NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$3,869,919GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$745,815CapGainNetIncmNetInvstIncmAmt
Other Income Rev And Expnss$156,074OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm$156,074OtherIncomeNetInvstIncmAmt
Total Rev And Expnss$3,719,057TotalRevAndExpnssAmt
Total Net Invst Incm$3,680,278TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$0CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Net Invst Incm$0CompOfcrDirTrstNetInvstIncmAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl$0CompOfcrDirTrstDsbrsChrtblAmt
Accounting Fees Rev And Expnss$16,320AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$8,160AccountingFeesNetInvstIncmAmt
Accounting Fees Chrtbl Prps$8,160AccountingFeesChrtblPrpsAmt
Taxes Rev And Expnss$122,702TaxesRevAndExpnssAmt
Taxes Net Invst Incm$540TaxesNetInvstIncmAmt
Taxes Dsbrs Chrtbl$0TaxesDsbrsChrtblAmt
Other Expenses Rev And Expnss$275,816OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$274,316OtherExpensesNetInvstIncmAmt
Other Expenses Dsbrs Chrtbl$1,500OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$414,838TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$283,016TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$9,660TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$2,113,600ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$2,113,600ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$2,528,438TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$283,016TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$2,123,260TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$1,190,619ExcessRevenueOverExpensesAmt
Net Investment Income$3,397,262NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash EOY$96,856CashEOYAmt
Cash EOYFMV$96,856CashEOYFMVAmt
Sav And Temp Cash Invst BOY$2,352,538SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$2,143,252SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$2,143,252SavAndTempCashInvstEOYFMVAmt
Other Nts And Loans Rcvbl$5,175,036OtherNtsAndLoansRcvblAmt
Other Rcvbl Allwnc Dbtfl Acct$0OtherRcvblAllwncDbtflAcctAmt
Other Nts And Loans Rcvbl BOY$5,345,036OtherNtsAndLoansRcvblBOYAmt
Other Nts And Loans Rcvbl EOY$5,175,036OtherNtsAndLoansRcvblEOYAmt
Other Nts And Loans Rcvbl EOYFMV$5,175,036OtherNtsAndLoansRcvblEOYFMVAmt
Other Investments BOY$31,919,407OtherInvestmentsBOYAmt
Other Investments EOY$35,238,369OtherInvestmentsEOYAmt
Other Investments EOYFMV$36,682,142OtherInvestmentsEOYFMVAmt
Other Assets BOY$500,517OtherAssetsBOYAmt
Other Assets EOY$0OtherAssetsEOYAmt
Other Assets EOYFMV$0OtherAssetsEOYFMVAmt
Total Assets BOY$40,117,498TotalAssetsBOYAmt
Total Assets EOY$42,653,513TotalAssetsEOYAmt
Total Assets EOYFMV$44,097,286TotalAssetsEOYFMVAmt
Total Liabilities BOY$0TotalLiabilitiesBOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Capital Stock BOY$0CapitalStockBOYAmt
Capital Stock EOY$0CapitalStockEOYAmt
Additional Paid In Capital BOY$0AdditionalPaidInCapitalBOYAmt
Additional Paid In Capital EOY$0AdditionalPaidInCapitalEOYAmt
Retained Earning BOY$40,117,498RetainedEarningBOYAmt
Retained Earning EOY$42,653,513RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$40,117,498TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$42,653,513TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$40,117,498TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$42,653,513TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$40,117,498TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$1,190,619ExcessRevenueOverExpensesAmt
Other Increases$1,345,396OtherIncreasesAmt
Subtotal$42,653,513SubtotalAmt
Other Decreases$0OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY$42,653,513TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (8 entries)

PropertyPropertyDescHow AcquiredHowAcquiredCdGross Sales PriceGrossSalesPriceAmtCost Or Other BasisCostOrOtherBasisAmtGain Or LossGainOrLossAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
PUBLICLY TRADED SECURITIESP$3$3$0$0
PUBLICLY TRADED SECURITIESP$2,093,486$1,515,742$577,744$577,744
HGI AIF SELECT III, LLCP$186,937$186,916$21$21
HGI KF10 SELECT, LLCP$216,678$216,876-$198-$198
TIVOLI HOLDINGS LLCP$1,252,864$1,250,000$2,864$2,864
HGI AIF SELECT III, LLC (LTCL THRU K-1)P-$37-$37
HGI MULTIFAMILY CREDIT SELECT FUND, LP (STCG THRU K-1)P$45,470$45,470
CAPITAL GAINS DIVIDENDSP$119,951$119,951$119,951
FieldValueIRS element (for citing)
Capital Gain Net Income$745,815CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$47,222InvestmentIncomeExciseTaxAmt
Tax Under Section511$0TaxUnderSection511Amt
Subtotal$47,222SubtotalAmt
Subtitle A Tax$0SubtitleATaxAmt
Tax Based On Investment Income$47,222TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$80,000EstimatedPlusOvpmtIncmTxAmt
Exempt Frgn Org Tax Wthld At Srce$0ExemptFrgnOrgTaxWthldAtSrceAmt
Extsn Request Income Tax Paid$20,000ExtsnRequestIncomeTaxPaidAmt
Backup Withholding Withheld$0BackupWithholdingWithheldAmt
Total Payments And Credits$100,000TotalPaymentsAndCreditsAmt
Form2220 AttachedYes (X)Form2220AttachedInd
Es Penalty$0EsPenaltyAmt
Overpayment$52,778OverpaymentAmt
Applied To ES Tax$52,778AppliedToESTaxAmt
Refund$0RefundAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political Acty0LegislativePoliticalActyInd
More Than100 Spent0MoreThan100SpentInd
Form1120 POL Filed0Form1120POLFiledInd
Section4955 Organization Tax$0Section4955OrganizationTaxAmt
Section4955 Managers Tax$0Section4955ManagersTaxAmt
Tax Reimbursed$0TaxReimbursedAmt
Activities Not Previously Rpt0ActivitiesNotPreviouslyRptInd
Changes To Articles Or Bylaws0ChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitYes (1)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (1)Form990TFiledInd
Organization Dissolved Etc0OrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (1)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (1)AtLeast5000InAssetsInd
Org Report Or Register StateNYOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (1)Form990PFFiledWithAttyGenInd
Private Operating Foundation0PrivateOperatingFoundationInd
New Substantial Contributors0NewSubstantialContributorsInd
Own Controlled Entity0OwnControlledEntityInd
Donor Advised FundYes (1)DonorAdvisedFundInd
Comply With Public Insp RqrYes (1)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1SAUL WOLFBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone9292343381PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line15401 COLLINS AVENUEAddressLine1Txt
CityMIAMI BEACHCityNm
State AbbreviationFLStateAbbreviationCd
ZIP33140ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts Question0ForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified Prsn0SaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified Prsn0BrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified Prsn0FurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified Prsn0PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified Prsn0TransferAstDisqualifiedPrsnInd
Payment To Government Official0PaymentToGovernmentOfficialInd
Uncorrected Prior Acts0UncorrectedPriorActsInd
Undistributed Income PY0UndistributedIncomePYInd
Business HoldingsYes (1)BusinessHoldingsInd
Excess Business Holdings0ExcessBusinessHoldingsInd
Jeopardy Investments0JeopardyInvestmentsInd
Uncorrected PY Jeopardy Invst0UncorrectedPYJeopardyInvstInd
Influence Legislation0InfluenceLegislationInd
Influence Election0InfluenceElectionInd
Grants To Individuals0GrantsToIndividualsInd
Grants To Organizations0GrantsToOrganizationsInd
Noncharitable Purpose0NoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd

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 PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
SAUL WOLF
5401 COLLINS AVENUEMIAMI BEACHFL33140TRUSTEE0.00$0$0$0
DEBORAH WOLF
5401 COLLINS AVENUEMIAMI BEACHFL33140TRUSTEE0.00$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Other Employee Paid Over50k0OtherEmployeePaidOver50kCnt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt
Contractor Paid Over50k0ContractorPaidOver50kCnt

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

FieldValueIRS element (for citing)
Description1N/ADescription1Txt
Expenses1$0Expenses1Amt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Description1N/ADescription1Txt
Expenses1$0Expenses1Amt
Total$0TotalAmt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$10,577,945AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$2,155,752AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$30,352,301FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$43,085,998TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Acquisition Indebtedness$0AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast$43,085,998AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$646,290CashDeemedCharitableAmt
Net Vl Noncharitable Assets$42,439,708NetVlNoncharitableAssetsAmt
Minimum Investment Return$2,121,985MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$2,121,985MinimumInvestmentReturnAmt
Tax Based On Investment Income$47,222TaxBasedOnInvestmentIncomeAmt
Income Tax$3,262IncomeTaxAmt
Total Tax$50,484TotalTaxAmt
Distributable Before Adj$2,071,501DistributableBeforeAdjAmt
Recoveries Qualfied Distri$0RecoveriesQualfiedDistriAmt
Distributable Before Ded$2,071,501DistributableBeforeDedAmt
Deduction From Distributable$0DeductionFromDistributableAmt
Distributable As Adjusted$2,071,501DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$2,123,260ExpensesAndContributionsAmt
Program Related Invst Total$0ProgramRelatedInvstTotalAmt
Qualifying Distributions$2,123,260QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$2,071,501DistributableAsAdjustedAmt
Undistributed Income PY$2,037,349UndistributedIncomePYAmt
Total For Prior Years$0TotalForPriorYearsAmt
Total Excess Distribution Cyov$0TotalExcessDistributionCyovAmt
Qualifying Distributions$2,123,260QualifyingDistributionsAmt
Applied To Year1$2,037,349AppliedToYear1Amt
Applied To Prior Years$0AppliedToPriorYearsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$85,911AppliedToCurrentYearAmt
Remaining Distri From Corpus$0RemainingDistriFromCorpusAmt
Excess Distri Cyov App CY Corpus$0ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY$0ExcessDistributionCyovAppCYAmt
Total Corpus$0TotalCorpusAmt
Prior Year Undistributed Incm$0PriorYearUndistributedIncmAmt
Prior Year Deficiency Or Tax$0PriorYearDeficiencyOrTaxAmt
Taxable1$0Taxable1Amt
Taxable2$0Taxable2Amt
Undistributed Income CY$1,985,590UndistributedIncomeCYAmt
Corpus Distri170b1 E Or4942g3$0CorpusDistri170b1EOr4942g3Amt
Excess Distri Cyov From Yr5$0ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$0ExcessDistriCyovToNextYrAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerSAUL WOLFContributingManagerNm
Contributing ManagerDEBORAH WOLFContributingManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (4 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
CONGREGATION AHAVAS CHESED OF BOBOV
1501 48TH STREETBROOKLYNNY11219NONEPCUNRESTRICTED GRANT TO RELIGIOUS ORGANIZATION$3,600
KOLEL ZICHRON CHAIM OF BOBOV
1533 48TH STREETBROOKLYNNY11219NONEPCUNRESTRICTED GRANT TO RELIGIOUS ORGANIZATION$75,000
THE DONOR'S FUND INC
328 3RD STREETLAKEWOODNJ08701NONEPCUNRESTRICTED GRANT TO PHILANTHROPIC ORGANIZATION$1,925,000
YALDAI ZION
4715 15TH AVENUEBROOKLYNNY11219NONEPCUNRESTRICTED GRANT TO RELIGIOUS ORGANIZATION$110,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$2,113,600TotalGrantOrContriPdDurYrAmt
Total Grant Or Contri Apprv Fut$0TotalGrantOrContriApprvFutAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$6,563ExclusionAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Business901101BusinessCd
Unrelated Business Taxbl Incm$34,779UnrelatedBusinessTaxblIncmAmt
Exclusion14ExclusionCd
Exclusion$2,771,826ExclusionAmt

Other Investment Income OtherInvestmentIncomeGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$156,074ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion$745,815ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Unrelated Business Taxbl Incm$34,779UnrelatedBusinessTaxblIncmAmt
Exclusion$3,680,278ExclusionAmt
Related Or Exempt Function Incm$0RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$3,715,057TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EO0TrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EO0TrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of Assets0SalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EO0PurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth Assets0RentalOfFacilitiesOthAssetsInd
Reimbursement Arrangements0ReimbursementArrangementsInd
Loans Or Loan Guarantees0LoansOrLoanGuaranteesInd
Performance Of Services Etc0PerformanceOfServicesEtcInd
Sharing Of Facilities Etc0SharingOfFacilitiesEtcInd
Relationships Nonchrtbl EO0RelationshipsNonchrtblEOInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryACCOUNTING FEESCategoryTxt
Amt$16,320Amt
Net Investment Income$8,160NetInvestmentIncomeAmt
Disbursements Charitable Prps$8,160DisbursementsCharitablePrpsAmt

General Explanation Attachment GeneralExplanationAttachment

General Explanation GeneralExplanationGrp

FieldValueIRS element (for citing)
IdentifierSCHEDULE OF LOANSIdentifierTxt
Form And Line ReferenceFORM 990-PF, PART II, LINE 7FormAndLineReferenceDesc
Medium ExplanationEP PAYROLL SOLUTIONS FOR $4,000,000R. KAUFMAN FOR $1,175,036MediumExplanationTxt

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp (22 entries)

Category Or ItemCategoryOrItemTxtListed At Cost Or FMVListedAtCostOrFMVCdBook ValueBookValueAmtEOYFMVEOYFMVAmt
INVESTMENT IN MERRILL LYNCHFMV$523,369$514,616
INVESTMENT IN TD AMERITRADEFMV$7,512,420$8,964,946
INVESTMENT IN E 79TH STREET MEZZ SELECT, LPFMV$913,325$913,325
INVESTMENT IN HGI AIF SELECT I, LLCFMV$116,114$116,114
INVESTMENT IN HGI CREDIT FUND I, LPFMV$6,462,648$6,462,648
INVESTMENT IN HGI DEBT PORTFOLIO 9-17, LLCFMV$754,416$754,416
INVESTMENT IN HGI KFB I, LLCFMV$195,891$195,891
INVESTMENT IN HGI KFB K30, LLCFMV$150,499$150,499
INVESTMENT IN HGI KFB K41, LLCFMV$239,193$239,193
INVESTMENT IN HGI KFB K45, LLCFMV$110,529$110,529
INVESTMENT IN HGI KFB KX03, LLCFMV$44,453$44,453
INVESTMENT IN HGI KFB V, LLCFMV$617,803$617,803
INVESTMENT IN HGI KFB VII, LLCFMV$220,881$220,881
INVESTMENT IN HGI MULTIFAMILY CREDIT SELECT FUND, LPFMV$3,407,461$3,407,461
INVESTMENT IN HGI REAL ESTATE SEC OFFSHORE FDFMV$2,589,713$2,589,713
INVESTMENT IN HGI SW II, LLCFMV$947,485$947,485
INVESTMENT IN NE-SW DEBT HOLDINGS, LPFMV$524,619$524,619
INVESTMENT IN NOTE HOLDINGS TE, LLCFMV$1,636,264$1,636,264
INVESTMENT IN OH-CT DEBT SELECT, LLCFMV$219,964$219,964
INVESTMENT IN SHREWSBURY ABERDEEN ASPEN HOLDINGS, LLCFMV$170,662$170,662
INVESTMENT IN SUNBELT INVESTOR HOLDCO II, LPFMV$3,523,064$3,523,064
INVESTMENT IN SW AB PARKLINEFMV$4,357,596$4,357,596

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp

FieldValueIRS element (for citing)
DescDISTRIBUTION RECEIVABLE FROM HGI KF08 SELECT LLCDesc
BOY Book Value$500,517BOYBookValueAmt
EOY Book Value$0EOYBookValueAmt
EOYFMV$0EOYFMVAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (22 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
ACCOUNT MANAGEMENT FEES$5,984$5,984$0
BANK FEES$95$95$0
NYS FILING FEES$1,500$0$1,500
THROUGH K-1 - E 79TH STREET MEZZ SELECT, LP$2,765$2,765$0
THROUGH K-1 - HGI AIF SELECT I, LLC$1,964$1,964$0
THROUGH K-1 - HGI AIF SELECT III, LLC$3,138$3,138$0
THROUGH K-1 - HGI CREDIT FUND I, LP$34,131$34,131$0
THROUGH K-1 - HGI DEBT PORTFOLIO 9-17, LLC$10,937$10,937$0
THROUGH K-1 - HGI KF10 SELECT, LLC$5,643$5,643$0
THROUGH K-1 - HGI KFB I, LLC$2,623$2,623$0
THROUGH K-1 - HGI KFB K30, LLC$2,281$2,281$0
THROUGH K-1 - HGI KFB K41, LLC$2,857$2,857$0
THROUGH K-1 - HGI KFB K45, LLC$1,503$1,503$0
THROUGH K-1 - HGI KFB KX03, LLC$2,030$2,030$0
THROUGH K-1 - HGI KFB V, LLC$7,494$7,494$0
THROUGH K-1 - HGI KFB VII, LLC$5,577$5,577$0
THROUGH K-1 - HGI MULTIFAMILY CREDIT SELECT FUND, LP$105,425$105,425$0
THROUGH K-1 - MIDTOWN SQUARE PREFERRED HOLDINGS$52,435$52,435$0
THROUGH K-1 - NE-SW DEBT HOLDINGS, LP$4,996$4,996$0
THROUGH K-1 - NOTE HOLDINGS TE, LLC$17,717$17,717$0
THROUGH K-1 - OH-CT DEBT SELECT, LLC$2,521$2,521$0
THROUGH K-1 - SHREWSBURY ABERDEEN ASPEN HOLDINGS, LLC$2,200$2,200$0

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail (4 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmtAdjusted Net IncomeAdjustedNetIncomeAmt
THROUGH K-1 - E 79TH STREET MEZZ SELECT, LP$17,257$17,257$17,257
THROUGH K-1 - HGGP CAPITAL XIV, LP$80,218$80,218$80,218
THROUGH K-1 - MIDTOWN SQUARE PREFERRED HOLDINGS$4,847$4,847$4,847
THROUGH K-1 - NOTE HOLDINGS TE, LLC$53,752$53,752$53,752

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail (2 entries)

DescDescAmtAmt
PRIOR PERIOD ADJUSTMENT - LOAN RECEIVABLE$1,250,000
FUND BALANCE ADJUSTMENT$95,396

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

CategoryCategoryTxtAmtAmtNet Investment IncomeNetInvestmentIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
FEDERAL EXCISE TAXES$122,162$0$0
FOREIGN TAXES PAID$540$540$0

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