SMILOW FOUNDATION: Form 990PF, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- SMILOW FOUNDATION (EIN 06-6299809)
- Tax period
- 2022-01-01 to 2022-12-31
- Filed
- 2023-11-14
- IRS object ID
- 202323189349105832
- 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
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Legal Fees Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Increases Schedule
- Other Professional Fees Schedule
- Substantial Contributors Sch
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-11-14T18:00:40-06:00 | ReturnTs |
| Tax Period End | 2022-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 861065772 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DELOITTE TAX LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 330 RUSH ALLEY SUITE 800 | AddressLine1Txt |
| City | COLUMBUS | CityNm |
| State Abbreviation | OH | StateAbbreviationCd |
| ZIP | 432153932 | 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 | 066299809 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SMILOW FOUNDATION EA0367917 | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | SMIL | BusinessNameControlTxt |
| Phone | 3027933290 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 200 BELLEVUE PARKWAY SUITE 250 | AddressLine1Txt |
| City | WILMINGTON | CityNm |
| State Abbreviation | DE | StateAbbreviationCd |
| ZIP | 198093747 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | WILLIAM S SMILOW | PersonNm |
| Person Title | TRUSTEE | PersonTitleTxt |
| Phone | 3027933290 | PhoneNum |
| Signature | 2023-11-14 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | WILLIAM S | PersonFirstNm |
| Person Last | SMILOW | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (true) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | KELLY NEUGEBAUER | PreparerPersonNm |
| PTIN | P01285591 | PTIN |
| Phone | 6142211000 | PhoneNum |
| Preparation | 2023-11-14 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | TrustedCustomerGrp |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2022 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $146,109,893 | FMVAssetsEOYAmt |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $157,333,739 | ContriRcvdRevAndExpnssAmt |
| Dividends Rev And Expnss | $2,090,971 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $2,063,289 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | -$405,355 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $64,502,824 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $0 | CapGainNetIncmNetInvstIncmAmt |
| Net ST Capital Gain Adj Net Incm | $0 | NetSTCapitalGainAdjNetIncmAmt |
| Total Rev And Expnss | $159,019,355 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $2,063,289 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $300,000 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $300,000 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $0 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Adj Net Incm | $0 | OthEmplSlrsWgsAdjNetIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $0 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Net Invst Incm | $0 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Adj Net Incm | $0 | PensionEmplBnftAdjNetIncmAmt |
| Legal Fees Rev And Expnss | $49,745 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $0 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $49,745 | LegalFeesDsbrsChrtblAmt |
| Other Prof Fees Rev And Expnss | $187,808 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $37,808 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $150,000 | OtherProfFeesDsbrsChrtblAmt |
| Interest Dsbrs Chrtbl | $0 | InterestDsbrsChrtblAmt |
| Taxes Rev And Expnss | $14,021 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $14,021 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $0 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $0 | DeprecAndDpltnNetInvstIncmAmt |
| Trav Conf Meeting Net Invst Incm | $0 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Adj Net Incm | $0 | TravConfMeetingAdjNetIncmAmt |
| Printing And Pub Net Invst Incm | $0 | PrintingAndPubNetInvstIncmAmt |
| Printing And Pub Adj Net Incm | $0 | PrintingAndPubAdjNetIncmAmt |
| Other Expenses Rev And Expnss | $7,748 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Dsbrs Chrtbl | $7,748 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $559,322 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $51,829 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $507,493 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $3,041,510 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $3,041,510 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $3,600,832 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $51,829 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $3,549,003 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $155,418,523 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $2,011,460 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | -$1 | CashBOYAmt |
| Cash EOY | $12,741 | CashEOYAmt |
| Cash EOYFMV | $12,741 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $1,893,995 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $13,504,774 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $13,504,774 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl EOY | $0 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $0 | AcctRcvblEOYFMVAmt |
| Other Rcvbl Allwnc Dbtfl Acct | $0 | OtherRcvblAllwncDbtflAcctAmt |
| Corporate Stock BOY | $1,656,859 | CorporateStockBOYAmt |
| Corporate Stock EOY | $121,516,241 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $106,349,273 | CorporateStockEOYFMVAmt |
| Corporate Bonds EOY | $27,198,187 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $26,243,105 | CorporateBondsEOYFMVAmt |
| Other Investments EOYFMV | $0 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $3,550,853 | TotalAssetsBOYAmt |
| Total Assets EOY | $162,231,943 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $146,109,893 | TotalAssetsEOYFMVAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $3,550,853 | CapitalStockBOYAmt |
| Capital Stock EOY | $162,231,943 | CapitalStockEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $3,550,853 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $162,231,943 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $3,550,853 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $162,231,943 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $3,550,853 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $155,418,523 | ExcessRevenueOverExpensesAmt |
| Other Increases | $3,473,136 | OtherIncreasesAmt |
| Subtotal | $162,442,512 | SubtotalAmt |
| Other Decreases | $210,569 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $162,231,943 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (6 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | How AcquiredHowAcquiredCd |
|---|---|---|---|---|---|---|---|
| 1. GOLDMAN SACHS & CO | 2022-01-01 | 2022-12-31 | $1,205,840 | $1,238,945 | -$33,105 | -$33,105 | |
| 1. GOLDMAN SACHS & CO | 2021-01-01 | 2022-12-31 | $62,262,867 | $62,772,806 | -$509,939 | -$509,939 | |
| 1. GOLDMAN SACHS & CO | 2021-01-01 | 2022-12-31 | $692,511 | $896,428 | -$203,917 | -$203,917 | |
| CAPITAL GAIN DIVIDENDS | $341,606 | P | |||||
| CAPITAL GAIN DIVIDENDS | $341,606 | P | |||||
| CAPITAL GAIN DIVIDENDS | $341,606 | P |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -$405,355 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $27,959 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $27,959 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $27,959 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $14,887 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $47,000 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $61,887 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $33,928 | OverpaymentAmt |
| Applied To ES Tax | $33,928 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
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 | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | CT | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | Yes (true) | 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 | THE GOLDMAN SACHS TRUST COMPANY NA | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 3027933290 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 200 BELLEVUE PARKWAY SUITE 250 | AddressLine1Txt |
| City | WILMINGTON | CityNm |
| State Abbreviation | DE | StateAbbreviationCd |
| ZIP | 198093747 | 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 | Yes (true) | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | Yes (true) | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| 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 | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| 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 (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt |
|---|---|---|---|---|---|---|
| JOAN L SMILOW | ||||||
| 200 BELLEVUE PARKWAY SUITE 250 | WILMINGTON | DE | 19809 | TRUSTEE | 1 | $0 |
| WILLIAM SMILOW | ||||||
| 200 BELLEVUE PARKWAY SUITE 250 | WILMINGTON | DE | 19809 | TRUSTEE | 40 | $300,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Summary Of Direct Chrtbl Acty | SummaryOfDirectChrtblActyGrp | |
| Sum Of Program Related Invst | SumOfProgramRelatedInvstGrp |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $88,016,531 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $8,182,400 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $96,198,931 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $96,198,931 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $1,442,984 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $94,755,947 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $4,737,797 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $4,737,797 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $27,959 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $27,959 | TotalTaxAmt |
| Distributable Before Adj | $4,709,838 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $4,709,838 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $4,709,838 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $3,549,003 | 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 | $3,549,003 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $4,709,838 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $226,493 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $0 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $1,107,580 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $0 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $0 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $1,334,073 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $3,549,003 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $3,549,003 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $1,160,835 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $1,160,835 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $173,238 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $173,238 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $0 | ExcessFromYear4Amt |
| Excess From Year3 | $173,238 | ExcessFromYear3Amt |
| Excess From Year2 | $0 | ExcessFromYear2Amt |
| Excess From Year1 | $0 | ExcessFromYear1Amt |
| Excess From Current Year | $0 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | JOEL E SMILOW ESTATE | ContributingManagerNm |
| Shareholder Manager | NA | ShareholderManagerNm |
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | MEGHAN VERCILLO | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 200 BELLEVUE PARKWAY SUITE 250 | AddressLine1Txt |
| City | WILLIMINGTON | CityNm |
| State Abbreviation | DE | StateAbbreviationCd |
| ZIP | 19809 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 3027933290 | RecipientPhoneNum |
| Form And Info And Materials | APPLICATION FORM | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | NONE | SubmissionDeadlinesTxt |
| Restrictions On Awards | TO BE WITHIN THE GUIDELINES OF MISSION STATEMENT | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (14 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Business Name Line2RecipientBusinessName/BusinessNameLine2Txt |
|---|---|---|---|---|---|---|---|---|
| FREDERICK GUN SCHOOL | ||||||||
| 99 GREEN HILL ROAD | WASHINGTON | CT | 06793 | NONE | PC | GENERAL | $5,000 | |
| YALE UNIVERSITY | ||||||||
| PO BOX 208239 | NEW HAVEN | CT | 065208239 | NONE | PC | GENERAL | $1,000 | |
| AMERICAN CANCER SOCEITY | ||||||||
| 3380 CHASTAIN MEADOWS | KENNESAW | GA | 30144 | NONE | PC | GENERAL | $500 | |
| NYU LANGONE HEALTH | ||||||||
| 550 FIRST AVENUE | NEW YORK | NY | 10016 | NONE | PC | GENERAL | $1,000 | |
| NEW HEIGHTS YOUTH INC | ||||||||
| 2472 BROADWAY PMB 112 | NEW YORK | NY | 10025 | NONE | PC | GENERAL | $500 | |
| TRUSTEES OF THE UNIVERSITY OF | ||||||||
| 3451 WALNUT STREET RM 305 | PHILADELPHIA | PA | 191046284 | NONE | PC | GENERAL | $15,000 | PENNSYLVANIA |
| DOC WAYNE YOUTH SERVICES INC | ||||||||
| 418 COMMOMWEALTH AVENUE | BOSTON | MA | 02215 | NONE | PC | GENERAL | $150 | |
| LAKE FOREST COLLEGE | ||||||||
| 555 NORTH SHERIDAN ROAD | LAKE FOREST | IL | 600452399 | NONE | PC | GENERAL | $10,000 | |
| TEMPLE ISRAEL | ||||||||
| 2324 EMERSON AVENUE SOUTH | MINNEAPOLIS | MN | 55405 | NONE | PC | GENERAL | $6,360 | |
| ST MICHAEL'S HOME | ||||||||
| 510 OCEAN ACENUE | PORTLAND | ME | 04104 | NONE | PC | GENERAL | $500 | |
| THE COBBS CREEK RESTORATION AND | ||||||||
| 300 CONSHOHOCKEN STATE ROAD SUITE | CONSHOHOCKEN | PA | 194283801 | NONE | PC | GENERAL | $3,000,000 | COMMUNITY FOUNDATION |
| THE SHELTER | ||||||||
| 3400 MOANALUA ROAD | HONOLULU | HI | 96819 | NONE | PC | GENERAL | $500 | |
| UKRAINE AID INTERNATIONAL | ||||||||
| 88 PARTRICK ROAD | WESTPORY | CT | 06880 | NONE | PC | GENERAL | $500 | |
| DESERT COMMUNITY FOUNDATION | ||||||||
| 75105 MERLE DRIVE STE 300 300 | PALM DESERT | CA | 92211 | NONE | PC | GENERAL | $500 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $3,041,510 | 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 |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $2,090,971 | 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) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | -$405,355 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $1,685,616 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $1,685,616 | TotalIncomeProducingActyAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Rln Of Acty To Accom Of Exmpt Prps | RlnOfActyToAccomOfExmptPrpsGrp |
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 (2 entries)
| ContributorContributorNum | Address Line1ContributorUSAddress/AddressLine1Txt | Address Line2ContributorUSAddress/AddressLine2Txt | CityContributorUSAddress/CityNm | State AbbreviationContributorUSAddress/StateAbbreviationCd | ZIPContributorUSAddress/ZIPCd | Total ContributionsTotalContributionsAmt | Person ContributionPersonContributionInd | Noncash ContributionNoncashContributionInd |
|---|---|---|---|---|---|---|---|---|
| JOEL E SMILOW RVOC TR | ||||||||
| 1 | C/O SMILOW FAMILY OFFICE | 2507 POST RD THIRD FI | SOUTHPORT | CT | 06890 | $12,585,455 | Yes (X) | |
| JOEL E SMILOW RVOC TR | ||||||||
| 2 | C/O SMILOW FAMILY OFFICE | 2507 POST RD THIRD FI | SOUTHPORT | CT | 06890 | $144,748,284 | Yes (X) | Yes (X) |
Non Cash Property Contribution NonCashPropertyContributionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 2 | ContributorNum |
| Noncash Property | MARKETABLE SECURITIES | NoncashPropertyDesc |
| Fair Market Value | $144,748,284 | FairMarketValueAmt |
| Received | 2022-11-30 | ReceivedDt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (75 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| 91282CBZ3 U.S. TREASURY NOTE 1 | $2,590,753 | $2,489,873 |
| 91282CEA5 U.S. TREASURY NOTE 1 | $2,080,039 | $2,043,229 |
| 91282CEG2 U.S. TREASURY NOTE 2 | $2,071,624 | $2,033,469 |
| 912796XQ7 U.S. TREASURY BILL D | $1,471,739 | $1,478,012 |
| 91282CEF4 U.S. TREASURY NOTE 2 | $1,396,560 | $1,344,424 |
| 91282CDP3 U.S. TREASURY NOTE 1 | $1,229,445 | $1,172,750 |
| 912828YB0 U.S. TREASURY NOTE 1 | $535,637 | $512,474 |
| 91324PEH1 UNITEDHEALTH GROUP I | $483,468 | $464,912 |
| 80281LAR6 SANTANDER UK GROUP H | $470,166 | $449,853 |
| 91282CAD3 U.S. TREASURY NOTE 0 | $462,236 | $441,826 |
| 26441CAS4 DUKE ENERGY CORP 2.6 | $354,703 | $349,482 |
| 05964HAN5 BANCO SANTANDER, S.A | $354,573 | $344,155 |
| 88579YBG5 3M COMPANY MTN 3.375 | $331,489 | $323,420 |
| 756109AS3 REALTY INCOME CORPOR | $317,839 | $313,911 |
| 099724AL0 BORGWARNER INC 2.65% | $305,779 | $299,287 |
| 69353REW4 PNC BANK NA 2.7% 10/ | $288,425 | $285,934 |
| 46647PBH8 JPMORGAN CHASE & CO. | $291,472 | $285,264 |
| 6174468Q5 MORGAN STANLEY HYBRI | $290,685 | $284,809 |
| 780082AD5 ROYAL BANK OF CANADA | $285,230 | $282,120 |
| 10373QBE9 BP CAP MARKETS AMERI | $286,727 | $281,576 |
| 95000U2N2 WELLS FARGO & COMPAN | $287,229 | $281,440 |
| 084659AM3 BERKSHIRE HATHAWAY E | $286,228 | $277,271 |
| 581557BR5 MCKESSON CORPORATION | $264,900 | $258,558 |
| 780097BP5 ROYAL BANK OF SCOTLA | $244,198 | $239,089 |
| 62947QBC1 NXP BV/NXP FUNDING L | $241,614 | $234,988 |
| 225433AR2 CREDIT SUISSE GROUP | $254,859 | $233,748 |
| 912828YE4 U.S. TREASURY NOTE 1 | $236,985 | $233,085 |
| 9EQ4JLVJ4 ING GROEP N.V. HYBRI | $216,012 | $212,104 |
| 404280CG2 HSBC HOLDINGS PLC HY | $214,040 | $210,074 |
| 172967NA5 CITIGROUP INC. HYBRI | $217,907 | $209,514 |
| 70450YAD5 PAYPAL HOLDINGS, INC | $217,043 | $209,359 |
| 459200JZ5 INTERNATIONAL BUSINE | $212,521 | $207,536 |
| 20030NCT6 COMCAST CORP 4.15% 1 | $215,680 | $207,163 |
| 24703TAE6 DELL INT LLC / EMC C | $210,302 | $206,576 |
| 06051GGZ6 BANK OF AMERICA CORP | $202,514 | $201,860 |
| 95000U2X0 WELLS FARGO & COMPAN | $201,228 | $199,038 |
| 46647PBW5 JPMORGAN CHASE & CO. | $199,688 | $195,448 |
| 92343VDD3 VERIZON COMMUNICATIO | $180,317 | $175,580 |
| 855244AP4 STARBUCKS CORP 3.5% | $179,857 | $174,910 |
| 86562MBT6 SUMITOMO MITSUI FINA | $172,369 | $170,691 |
| 828807CY1 SIMON PROPERTY GROUP | $176,752 | $169,971 |
| 125523AH3 CIGNA CORPORATION 4. | $172,843 | $167,796 |
| 29379VBV4 ENTERPRISE PRODUCTS | $171,881 | $166,481 |
| 00914AAJ1 AIR LEASE CORP MTN 2 | $157,561 | $155,937 |
| 00774MAP0 AERCAP IRELAND CAP/G | $157,898 | $155,609 |
| 09062XAF0 BIOGEN INC. 4.05% 09 | $156,774 | $154,624 |
| 00206RDN9 AT&T INC. 1.7% 03/25 | $159,207 | $154,216 |
| 120568AX8 BUNGE LIMITED FINANC | $157,799 | $153,083 |
| 126650CX6 CVS HEALTH CORPORATI | $156,635 | $152,934 |
| 487836BW7 KELLOGG CO 4.3% 05/1 | $154,727 | $149,356 |
| 25389JAT3 DIGITAL REALTY TRUST | $154,615 | $149,055 |
| 49456BAP6 KINDER MORGAN INC 4. | $143,339 | $140,242 |
| 337738AR9 FISERV, INC. 4.2% 10 | $143,973 | $139,919 |
| 13607HVE9 CANADIAN IMPERIAL BA | $144,334 | $139,796 |
| 912828YS3 U.S. TREASURY NOTE 1 | $138,161 | $136,685 |
| 458140BH2 INTEL CORPORATION 2. | $132,085 | $131,144 |
| 05530QAN0 B.A.T. INTERNATIONAL | $130,897 | $127,344 |
| 92343VER1 VERIZON COMMUNICATIO | $123,931 | $120,938 |
| 097023DG7 BOEING COMPANY (THE) | $118,868 | $117,570 |
| 68389XBN4 ORACLE CORPORATION 3 | $117,537 | $115,508 |
| 37045XBG0 GENERAL MOTORS FINAN | $116,761 | $114,350 |
| 03027XAJ9 AMERICAN TOWER CORPO | $115,889 | $114,041 |
| 05526DBB0 B.A.T. CAPITAL CORPO | $114,724 | $113,091 |
| 29379VBT9 ENTERPRISE PRODUCTS | $110,205 | $106,255 |
| 828807DP9 SIMON PROPERTY GROUP | $98,837 | $96,840 |
| 11134LAR0 BROADCOM CORPORATION | $99,084 | $96,601 |
| 00914AAM4 AIR LEASE CORP 1.875 | $90,205 | $88,563 |
| 22822VAH4 CROWN CASTLE INTL CO | $87,593 | $85,766 |
| 02209SBC6 ALTRIA GROUP, INC. 4 | $71,738 | $70,757 |
| 35137LAH8 FOX CORPORATION 4.70 | $71,446 | $70,206 |
| 681919BA3 OMNICOM GROUP INC. 3 | $71,075 | $70,003 |
| 571748BG6 MARSH & MCLENNAN COM | $71,796 | $69,721 |
| 209111FS7 CONSOLIDATED EDISON | $71,192 | $68,167 |
| 89352HAW9 TRANSCANADA PIPELINE | $71,013 | $67,737 |
| 38145C455 GS HIGH YIELD FLOATI | $2,612,732 | $2,293,987 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (7 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| 78462F103 SPDR S&P 500 ETF TRU | $44,450,295 | $36,757,259 |
| 921937736 VANGUARD INSTL INDEX | $39,443,317 | $33,308,217 |
| 066923194 ISHARES S&P 500 INDE | $12,492,069 | $12,052,630 |
| 921946406 VANGUARD WHITEHALL F | $9,990,594 | $10,012,671 |
| 464287655 ISHARES RUSSELL 2000 | $5,066,341 | $4,713,139 |
| 46090E103 INVESCO QQQ TRUST ET | $4,937,072 | $4,164,619 |
| 464287465 ISHARES MSCI EAFE IN | $5,136,553 | $5,340,738 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | CategoryTxt |
| Legal Fees | $49,745 | LegalFeesAmt |
| Disbursements Charitable Prps | $49,745 | DisbursementsCharitablePrpsAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | COST BASIS ADJUSTMENT | Desc |
| Amt | $210,569 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER CHARITABLE EXPENSES | Desc |
| Revenue And Expenses Per Books | $7,748 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $7,748 | DisbursementsCharitablePrpsAmt |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | EXCESS OF MV OVER BASIS OF CONTRIB ASSET | Desc |
| Amt | $3,473,136 | Amt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| GS ADVISORY FEES | $150,000 | $150,000 | |
| INVESTMENT MANAGEMENT FEES | $37,808 | $37,808 |
Substantial Contributors Sch SubstantialContributorsSch
Substantial Contributor Detail SubstantialContributorDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JOEL E SMILOW RVOC TR | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | C/O SMILOW FAMILY OFFICE | AddressLine1Txt |
| Address Line2 | 2507 POST RD THIRD FI | AddressLine2Txt |
| City | SOUTHPORT | CityNm |
| State Abbreviation | CT | StateAbbreviationCd |
| ZIP | 06890 | ZIPCd |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | FOREIGN TAXES | CategoryTxt |
| Amt | $14,021 | Amt |
| Net Investment Income | $14,021 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
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