KARMA FOUNDATION: Form 990PF, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- KARMA FOUNDATION (EIN 22-3478433)
- Tax period
- 2022-01-01 to 2022-12-31
- Filed
- 2023-11-06
- IRS object ID
- 202333109349101018
- 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
- Accounting Fees Schedule
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Investments Other Schedule2
- Other Assets Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-11-06T12:50:47-06:00 | ReturnTs |
| Tax Period End | 2022-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 871353108 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | EISNER ADVISORY GROUP LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 111 WOOD AVENUE SOUTH | AddressLine1Txt |
| City | ISELIN | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 088302700 | 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 | 223478433 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE KARMA FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | KARM | BusinessNameControlTxt |
| Phone | 6099245939 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 140 ARRETON ROAD | AddressLine1Txt |
| City | PRINCETON | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 08540 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DINA ELKINS | PersonNm |
| Person Title | OFFICER | PersonTitleTxt |
| Phone | 6099245939 | PhoneNum |
| Signature | 2023-11-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | DINA | PersonFirstNm |
| Person Last | ELKINS | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | DANE DICKLER | PreparerPersonNm |
| PTIN | P00444049 | PTIN |
| Phone | 7322437000 | PhoneNum |
| Preparation | 2023-11-02 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| 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 | $6,208,056 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $14,309 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $12,039 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $95,931 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $95,931 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $168,089 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $1,419,196 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $209,955 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $1,359 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $728 | OtherIncomeNetInvstIncmAmt |
| Other Income Adj Net Incm | $0 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | $279,688 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $318,653 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $0 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $119,990 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $29,997 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Adj Net Incm | $0 | CompOfcrDirTrstAdjNetIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $89,993 | CompOfcrDirTrstDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $9,344 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $2,336 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $7,008 | AccountingFeesChrtblPrpsAmt |
| Taxes Rev And Expnss | $17,177 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $3,613 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $0 | TaxesAdjNetIncmAmt |
| Taxes Dsbrs Chrtbl | $7,064 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $48,549 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $39,648 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $0 | OtherExpensesAdjNetIncmAmt |
| Other Expenses Dsbrs Chrtbl | $8,901 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $195,060 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $75,594 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $112,966 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $201,795 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $201,795 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $396,855 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $75,594 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $314,761 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$117,167 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $243,059 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $13,631 | CashBOYAmt |
| Cash EOY | $1,117 | CashEOYAmt |
| Cash EOYFMV | $1,117 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $141,327 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $108,567 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $108,567 | SavAndTempCashInvstEOYFMVAmt |
| US Government Obligations BOY | $2,214 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $1,418 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $1,335 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $4,358,444 | CorporateStockBOYAmt |
| Corporate Stock EOY | $3,888,060 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $4,866,786 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $857,702 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $787,771 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $745,746 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $155,523 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $491,686 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $484,505 | OtherInvestmentsEOYFMVAmt |
| Other Assets BOY | $0 | OtherAssetsBOYAmt |
| Other Assets EOY | $3 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $0 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $5,528,841 | TotalAssetsBOYAmt |
| Total Assets EOY | $5,278,622 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $6,208,056 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $1,228 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $1,119 | AccountsPayableEOYAmt |
| Total Liabilities BOY | $1,228 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $1,119 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $0 | CapitalStockBOYAmt |
| Capital Stock EOY | $0 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $5,527,613 | RetainedEarningBOYAmt |
| Retained Earning EOY | $5,277,503 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $5,527,613 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $5,277,503 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $5,528,841 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $5,278,622 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $5,527,613 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$117,167 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $5,410,446 | SubtotalAmt |
| Other Decreases | $132,943 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $5,277,503 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (13 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | How AcquiredHowAcquiredCd |
|---|---|---|---|---|---|---|---|
| MERRILL LYNCH 7EG-02216 | 2021-01-01 | 2022-12-31 | $412 | $408 | $4 | $4 | |
| MERRILL LYNCH 7EG-02216 | 2022-01-01 | 2022-12-31 | $29,517 | $30,319 | -$802 | -$802 | |
| MERRILL LYNCH 7EG-02216 | 2021-01-01 | 2022-12-31 | $828,988 | $778,180 | $50,808 | $50,808 | |
| MERRILL LYNCH 7EG-02216 | 2021-01-01 | 2022-12-31 | $105,253 | $29,763 | $75,490 | $75,490 | |
| MERRILL LYNCH 7EG-02328 | 2022-01-01 | 2022-12-31 | $47,458 | $49,603 | -$2,145 | -$2,145 | |
| MERRILL LYNCH 7EG-02328 | 2021-01-01 | 2022-12-31 | $156,555 | $156,717 | -$162 | -$162 | |
| MERRILL LYNCH 7EG-02329 | 2022-01-01 | 2022-12-31 | $14,609 | $14,862 | -$253 | -$253 | |
| MERRILL LYNCH 7EG-02329 | 2021-01-01 | 2022-12-31 | $162,934 | $122,228 | $40,706 | $40,706 | |
| MERRILL LYNCH 7EG-02201 | 2021-01-01 | 2022-12-31 | $9,000 | $9,106 | -$106 | -$106 | |
| MERRILL LYNCH 7EG-02201 | 2022-01-01 | 2022-12-31 | $736 | $736 | $0 | $0 | |
| THRU K-1 | 2022-01-01 | 2022-12-31 | -$25,399 | -$25,399 | |||
| THRU K-1 | 2021-01-01 | 2022-12-31 | $8,080 | $8,080 | |||
| CAPITAL GAINS DIVIDENDS | $63,734 | $63,734 | $63,734 | P |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $209,955 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | -$28,599 | NetShortTermCapitalGainLossAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $3,379 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $3,379 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $3,379 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $7,500 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $2,000 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $9,500 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $6,121 | OverpaymentAmt |
| Applied To ES Tax | $6,121 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | WWW.KARMAFOUNDATION.ORG | WebsiteAddressTxt |
| Individual With Books | DINA ELKINS | IndividualWithBooksNm |
| Phone | 6099245939 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 140 ARRETON ROAD | AddressLine1Txt |
| City | PRINCETON | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 08540 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| SHARON KARMAZIN | ||||||||
| 6 COMBS PLACE | MILLTOWN | NJ | 08850 | PRESIDENT | 1.00 | $0 | $0 | $0 |
| DINA K ELKINS | ||||||||
| 140 ARRETON ROAD | PRINCETON | NJ | 08540 | EXECUTIVE DIRECTOR | 35.00 | $119,990 | $0 | $0 |
| CRAIG KARMAZIN | ||||||||
| 100 STODDART STREET | BEAVER DAM | WI | 53916 | TRUSTEE | 1.00 | $0 | $0 | $0 |
| 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 |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $6,496,113 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $212,249 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $464,193 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $7,172,555 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $7,172,555 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $107,588 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $7,064,967 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $353,248 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $353,248 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $3,379 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $3,379 | TotalTaxAmt |
| Distributable Before Adj | $349,869 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $349,869 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $349,869 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $314,761 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $314,761 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $349,869 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $256,907 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $224,247 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $75,821 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $34,003 | ExcessDistributionCyovYr2Amt |
| Total Excess Distribution Cyov | $590,978 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $314,761 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $314,761 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $35,108 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $35,108 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $555,870 | 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 | $221,799 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $334,071 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $224,247 | ExcessFromYear4Amt |
| Excess From Year3 | $75,821 | ExcessFromYear3Amt |
| Excess From Year2 | $34,003 | ExcessFromYear2Amt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (15 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| AMERICAN CANCER SOCIETY | |||||||
| PO BOX 6704 | HAGERSTOWN | MD | 21741 | NONE | PC | GENERAL SUPPORT | $5,000 |
| ATLANTIC THEATRE COMPANY | |||||||
| 76 NINTH AVENUE SUITE 313 | NEW YORK | NY | 10011 | NONE | PC | GENERAL SUPPORT | $3,000 |
| BILDNER CENTER - RUTGERS UNIVERSITY | |||||||
| 93 COLLEGE AVENUE | NEW BRUNSWICK | NJ | 08901 | NONE | PC | GENERAL SUPPORT | $30,000 |
| CHILDREN'S RADIOTHON | |||||||
| 205 W 700 S | SALT LAKE CITY | UT | 84101 | NONE | PC | GENERAL SUPPORT | $32,000 |
| CONGREGATION SINAI | |||||||
| 128 SHERMAN AVENUE | JERSEY CITY | NJ | 07307 | NONE | PC | GENERAL SUPPORT | $10,000 |
| GEORGE STREET PLAYHOUSE | |||||||
| 11 LIVINGSTON AVENUE | NEW BRUNSWICK | NJ | 08901 | NONE | PC | GENERAL SUPPORT | $70,000 |
| HACKENSACK MERIDIAN HEALTH FOUNDATION | |||||||
| 343 THORNALL STREET 7TH FLOOR | EDISON | NJ | 08837 | NONE | PC | GENERAL SUPPORT | $1,000 |
| HOMEFRONT | |||||||
| 1880 PRINCETON AVENUE | LAWRENCEVILLE | NJ | 08648 | NONE | PC | GENERAL SUPPORT | $14,580 |
| LINCOLN CENTER THEATER | |||||||
| 150 W 65TH STREET | NEW YORK | NY | 10023 | NONE | PC | GENERAL SUPPORT | $5,000 |
| MANHATTAN THEATRE | |||||||
| 311 W 43RD ST 9 | NEW YORK | NY | 10036 | NONE | PC | GENERAL SUPPORT | $3,000 |
| MATAN | |||||||
| 333 MAMARONECK AVE PO BOX 342 | WHITE PLAINS | NY | 10605 | NONE | PC | GENERAL SUPPORT | $10,000 |
| MAYOR COHEN'S CHARITY FUND | |||||||
| PO BOX 234 | EAST BRUNSWICK | NJ | 08816 | NONE | PC | GENERAL SUPPORT | $1,000 |
| NATIONAL LIBERTY MUSEUM | |||||||
| 321 CHESTNUT ST | PHILADELPHIA | PA | 19106 | NONE | PC | GENERAL SUPPORT | $3,000 |
| RUTGERS HILLEL | |||||||
| 70 COLLEGE AVENUE | NEW BRUNSWICK | NJ | 08901 | NONE | PC | GENERAL SUPPORT | $9,215 |
| THE ACTORS FUND | |||||||
| 729 7TH AVENUE 10TH FLOOR | NEW YORK | NY | 10019 | NONE | PC | GENERAL SUPPORT | $5,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $201,795 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $14,309 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $95,931 | ExclusionAmt |
Other Investment Income OtherInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $1,359 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $168,089 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $279,688 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $279,688 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $9,344 | Amt |
| Net Investment Income | $2,336 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $7,008 | DisbursementsCharitablePrpsAmt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | MERRILL LYNCH 02328 | BondNm |
| EOY Book Value | $787,771 | EOYBookValueAmt |
| EOYFMV | $745,746 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (6 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| 1635 SHS ALPHABET INC | $76,258 | $144,256 |
| 1050 SHS AMAZON COM INC | $49,782 | $88,200 |
| 762 SHS JPMORGAN CHASE & CO | $66,340 | $102,184 |
| ML 02201 | $11,823 | $29,775 |
| ML 02216 | $3,089,900 | $3,738,807 |
| ML 02329 | $593,957 | $763,564 |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $1,418 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $1,335 | USGovtObligationsEOYFMVAmt |
| State Local Sec Book Vl EOY | $0 | StateLocalSecBookVlEOYAmt |
| State Local Sec EOYFMV | $0 | StateLocalSecEOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (2 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| GIFT KARMA LEGACY 2021 LLC | AT COST | $141,686 | $141,686 |
| MERRILL LYNCH 02485 | AT COST | $350,000 | $342,819 |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | INVESTMENT INCOME RECEIVABLE | Desc |
| EOY Book Value | $3 | EOYBookValueAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PRIOR PERIOD ADJUSTMENT TO BASIS | Desc |
| Amt | $132,943 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (8 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| FILING FEES | $8 | $0 | $0 | $8 |
| INVESTMENT ADVISORY FEES | $38,140 | $38,140 | $0 | $0 |
| PAYROLL SERVICE FEES | $2,696 | $674 | $0 | $2,022 |
| TELEPHONE | $1,371 | $0 | $0 | $1,371 |
| OFFICE EXPENSE | $4,771 | $0 | $0 | $4,771 |
| MANAGEMENT FEES | $629 | $629 | $0 | $0 |
| CREDIT CARD FEES | $115 | $0 | $0 | $115 |
| INSURANCE | $819 | $205 | $0 | $614 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| MISCELLANEOUS INCOME | $728 | $728 | $0 |
| NON TAXABLE DISTRIBUTION | $631 | $0 | $0 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| FOREIGN TAXES | $1,259 | $1,259 | $0 | $0 |
| PAYROLL TAXES | $9,418 | $2,354 | $0 | $7,064 |
| FEDERAL TAXES | $6,500 | $0 | $0 | $0 |
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