OLIVE BRIDGE FUND: Form 990PF, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- OLIVE BRIDGE FUND (EIN 13-6161669)
- Tax period
- 2022-01-01 to 2022-12-31
- Filed
- 2023-11-14
- IRS object ID
- 202333189349104238
- 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
- Dissolution Stmt
- Expenditure Responsibility Stmt
- Liquidation Explanation Stmt
- Legal Fees Schedule
- Other Assets Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-11-14T14:44:50-06:00 | ReturnTs |
| Tax Period End | 2022-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 854218816 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MARTIN DECRUZE | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2777 SUMMER STREET SUITE 401 | AddressLine1Txt |
| City | STAMFORD | CityNm |
| State Abbreviation | CT | StateAbbreviationCd |
| ZIP | 06905 | 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 | 136161669 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | OLIVE BRIDGE FUND | BusinessNameLine1Txt |
| Business Name Line2 | C/O DZ CAPITAL LLC | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | OLIV | BusinessNameControlTxt |
| Phone | 4752157300 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 2626 | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 100098777 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JOSHUA L STEINER | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 4752157300 | PhoneNum |
| Signature | 2023-11-14 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | JOSHUA | PersonFirstNm |
| Person Last | STEINER | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | 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 | MICHAEL J DECRUZE | PreparerPersonNm |
| PTIN | P01628484 | PTIN |
| Phone | 2033277151 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 3 | 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) |
|---|---|---|
| PF Status Term Sect507b1 A | Yes (X) | PFStatusTermSect507b1AInd |
| Final Return | Yes (X) | FinalReturnInd |
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $0 | 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 | $116,935 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $116,935 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $795,863 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $795,863 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $396,269 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $1,637,313 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $396,269 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $1,717,487 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $419,867 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $3,026,554 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $1,728,934 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $157,473 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $78,737 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $78,737 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $26,000 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $13,000 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $13,000 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $272,597 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $136,298 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $136,299 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $109,872 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $0 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $296,707 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $162,264 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $0 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $862,649 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $390,299 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $228,036 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $2,219,954 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $2,219,954 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $3,082,603 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $390,299 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $2,447,990 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$56,049 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $1,338,635 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $407,064 | CashBOYAmt |
| Other Nts And Loans Rcvbl BOY | $19,075 | OtherNtsAndLoansRcvblBOYAmt |
| Other Nts And Loans Rcvbl EOY | $0 | OtherNtsAndLoansRcvblEOYAmt |
| Other Nts And Loans Rcvbl EOYFMV | $0 | OtherNtsAndLoansRcvblEOYFMVAmt |
| Other Investments BOY | $32,770,474 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $0 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $0 | OtherInvestmentsEOYFMVAmt |
| Other Assets BOY | $727,114 | OtherAssetsBOYAmt |
| Other Assets EOY | $0 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $0 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $33,923,727 | TotalAssetsBOYAmt |
| Total Assets EOY | $0 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $0 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $531,659 | AccountsPayableBOYAmt |
| Total Liabilities BOY | $531,659 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $34,090,843 | CapitalStockBOYAmt |
| Capital Stock EOY | $0 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | -$698,775 | RetainedEarningBOYAmt |
| Retained Earning EOY | $0 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $33,392,068 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $0 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $33,923,727 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $0 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $33,392,068 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$56,049 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $33,336,019 | SubtotalAmt |
| Other Decreases | $33,336,019 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $0 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (10 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|
| JP MORGAN 3004 | P | $548,184 | $812,572 | -$264,388 | -$264,388 |
| JP MORGAN 3004 | P | $295,000 | $307,382 | -$12,382 | -$12,382 |
| HIGH VISTA II | P | $114,445 | -$114,445 | -$114,445 | |
| HIGH VISTA II | P | $486,540 | $486,540 | $486,540 | |
| ENERGY TRADING INNOVATIONS | P | $398 | -$398 | -$398 | |
| HIGH VISTA II - 1256 | P | $30,978 | $30,978 | $30,978 | |
| HIGH VISTA II - 1256 | P | $46,467 | $46,467 | $46,467 | |
| ENERGY TRADING INNOVATIONS - 1231 | P | $6,247 | -$6,247 | -$6,247 | |
| HIGH VISTA II - 1231 | P | $5,310 | $5,310 | $5,310 | |
| CAPITAL GAINS DIVIDENDS | P | $224,834 | $224,834 | $224,834 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $396,269 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $18,607 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $18,607 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $18,607 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $43,111 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $43,111 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $24,504 | OverpaymentAmt |
| Applied To ES Tax | $0 | AppliedToESTaxAmt |
| Refund | $24,504 | 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 | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Organization Dissolved Etc | Yes (1) | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | 0 | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | NY | OrgReportOrRegisterStateCd |
| 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 | Yes (1) | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | LAW.COM/NEWYORKLAWJOURNAL | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DZ CAPITAL LLC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 4752157300 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 2626 | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 100098777 | 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 | Yes (1) | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Transactions Fail To Qlfy As Exc | 0 | TransactionsFailToQlfyAsExcInd |
| Maintained Expenditure Rspns | Yes (1) | MaintainedExpenditureRspnsInd |
| 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 |
|---|---|---|---|---|---|---|---|---|
| JOSHUA L STEINER | ||||||||
| C/O DZ CAPITAL PO BOX 2626 | NEW YORK | NY | 100098777 | PRESIDENT | 0.00 | $0 | $0 | $0 |
| ELIZABETH STEINER HAYWARD | ||||||||
| C/O DZ CAPITAL PO BOX 2626 | NEW YORK | NY | 100098777 | VICE PRESIDENT AND TREASURER | 0.00 | $0 | $0 | $0 |
| ANTOINETTE DELRUELLE | ||||||||
| C/O DZ CAPITAL PO BOX 2626 | NEW YORK | NY | 100098777 | SECRETARY | 0.00 | $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 | $24,225,162 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $838,029 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $25,063,191 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $25,063,191 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $375,948 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $24,687,243 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $1,234,362 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $1,234,362 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $18,607 | TaxBasedOnInvestmentIncomeAmt |
| Income Tax | $82,794 | IncomeTaxAmt |
| Total Tax | $101,401 | TotalTaxAmt |
| Distributable Before Adj | $1,132,961 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $1,132,961 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $1,132,961 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $2,447,990 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $2,447,990 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $1,132,961 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr4 | $24,115 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr1 | $90,134 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $114,249 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $2,447,990 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $1,132,961 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $1,315,029 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $1,429,278 | 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 | $1,429,278 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $24,115 | ExcessFromYear4Amt |
| Excess From Year1 | $90,134 | ExcessFromYear1Amt |
| Excess From Current Year | $1,315,029 | ExcessFromCurrentYearAmt |
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 |
|---|---|---|---|---|---|---|---|
| CATLIN GABEL SCHOOL | |||||||
| 8825 SW BARNES RD | PORTLAND | OR | 97225 | NONE | PC | FOR THE DONEE ORGANIZATIONS CHARITABLE USE | $250,000 |
| CENTRAL OREGON COMMUNITY COLLEGE FOUNDATION | |||||||
| 2600 NW COLLEGE WAY | BEND | OR | 97703 | NONE | PC | FOR THE DONEE ORGANIZATION'S CHARITABLE USE | $5,000 |
| CONGREGATION NEVEH SHALOM | |||||||
| 2900 SW PEACEFUL LANE | PORTLAND | OR | 97239 | NONE | PC | FOR THE DONEE ORGANIZATIONS CHARITABLE USE | $1,800 |
| HADASSAH | |||||||
| 40 WALL STREET | NEW YORK | NY | 10005 | NONE | PC | FOR THE DONEE ORGANIZATIONS CHARITABLE USE | $5,000 |
| HARNEY COUNTY SUPPORTING OUR STUDENTS | |||||||
| PO BOX 243 | HINES | OR | 97738 | NONE | PC | FOR THE DONEE ORGANIZATIONS CHARITABLE USE | $5,000 |
| HOLLER HEALTH JUSTICE | |||||||
| PO BOX 11032 | CHARLESTON | WV | 25339 | NONE | PC | FOR THE DONEE ORGANIZATIONS CHARITABLE USE | $1,000 |
| JESUIT HIGH SCHOOL FOUNDATION | |||||||
| 9000 SW BEAVERTON-HILLSDALE HWY | PORTLAND | OR | 97225 | NONE | PC | FOR THE DONEE ORGANIZATIONS CHARITABLE USE | $3,100 |
| JEWISH FEDERATION OF GREATER PORTLAND | |||||||
| 6680 SW CAPITOL HWY | PORTLAND | OR | 97219 | NONE | PC | FOR THE DONEE ORGANIZATION'S CHARITABLE USE | $1,800 |
| KLAMATH COMMUNITY COLLEGE FOUNDATION | |||||||
| 7390 SOUTH 6TH STREET | KLAMATH FALLS | OR | 97603 | NONE | PC | FOR THE DONEE ORGANIZATION'S CHARITABLE USE | $10,000 |
| MARC CHARITABLE FUND | |||||||
| C/O DZ CAPITAL LLC PO BOX 4748 | NEW YORK | NY | 10185 | NONE | PF | FOR THE DONEE ORGANIZATIONS CHARITABLE USE | $520,500 |
| OREGON COAST COMMUNITY COLLEGE FOUNDATION | |||||||
| 400 SE COLLEGE WAY | NEWPORT | OR | 97366 | NONE | PC | FOR THE DONEE ORGANIZATION'S CHARITABLE USE | $5,000 |
| OREGON COMMUNITY FOUNDATION | |||||||
| 1221 SW YAMHILL ST SUITE 100 | PORTLAND | OR | 97209 | NONE | PC | FOR THE DONEE ORGANIZATIONS CHARITABLE USE | $1,400,754 |
| OREGON JEWISH MUSEUM AND CENTER FOR HOLOCAUST EDUC | |||||||
| 724 NW DAVIS STREET | PORTLAND | OR | 97209 | NONE | PC | FOR THE DONEE ORGANIZATIONS CHARITABLE USE | $5,000 |
| ROGUE COMMUNITY COLLEGE FOUNDATION | |||||||
| 3345 REDWOOD HWY | GRANTS PASS | OR | 97527 | NONE | PC | FOR THE DONEE ORGANIZATIONS CHARITABLE USE | $5,000 |
| SOUTH DAKOTA ACCESS FOR EVERY WOMAN | |||||||
| 1816 S NORTON | SIOUX FALLS | SD | 57105 | NONE | PC | FOR THE DONEE ORGANIZATIONS CHARITABLE USE | $1,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $2,219,954 | 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 | $116,935 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $795,863 | ExclusionAmt |
Other Investment Income OtherInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $419,867 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $396,269 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp (2 entries)
| DescDesc | BusinessBusinessCd | Unrelated Business Taxbl IncmUnrelatedBusinessTaxblIncmAmt |
|---|---|---|
| FLOW THROUGH INCOME - ETI | 211100 | $1,259,923 |
| FLOW THROUGH INCOME - HIGH VISTA | 523000 | $37,697 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $1,297,620 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $1,728,934 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $3,026,554 | 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 | PROFESSIONAL FEES | CategoryTxt |
| Amt | $26,000 | Amt |
| Net Investment Income | $13,000 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $13,000 | DisbursementsCharitablePrpsAmt |
Dissolution Stmt DissolutionStmt
Dissolution Information DissolutionInformationGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Short ExplanationShortExplanationTxt | DissolutionDissolutionAmt |
|---|---|---|---|---|---|
| MARC CHARITABLE FUND INC | |||||
| C/O DZ CAPITAL LLC PO BOX 2626 | NEW YORK | NY | 10009 | OLIVE BRIDGE FUND DISTRIBUTED PARTNERSHIP INVESTMENTS TO PRIVATE FOUNDATION, MARC CHARITABLEFUND, INC. SEE ATTACHED TERMINATION STATEMENT FOR ADDITIONAL INFORMATION. | $16,361,750 |
| THE OREGON COMMUNITY FOUNDATION | |||||
| 1221 SW YAMHILL ST SUITE 100 | PORTLAND | OR | 97205 | OLIVE BRIDGE FUND DISTRIBUTED CASH AND VARIOUS STOCKS AND SECURITIES TO THE OREGON COMMUNITY FOUNDATION. SEE ATTACHED TERMINATION STATEMENT FOR ADDITIONAL INFORMATION. | $13,461,445 |
Expenditure Responsibility Stmt ExpenditureResponsibilityStmt
Expenditure Responsibility ExpenditureResponsibilityGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | GrantGrantDt | GrantGrantAmt | Purpose Of GrantPurposeOfGrantTxt | Expended By GranteeExpendedByGranteeAmt | Any Diversion By GranteeAnyDiversionByGranteeTxt | Dates Of Reports By GranteeDatesOfReportsByGranteeTxt | VerificationVerificationDt | Results Of VerificationResultsOfVerificationTxt |
|---|---|---|---|---|---|---|---|---|---|---|---|
| MARC CHARITABLE FUND INC | |||||||||||
| C/O DZ CAP PO BOX 2626 | NEW YORK | NY | 10009 | 2022-08-19 | $520,500 | CHARITABLE GRANTS AND ADMINISTRATIVE EXPENSES IN FURTHERANCE OF CHARITABLE AND EDUCATIONAL PRUPOSES DESCRIBED IN SECTION 170(C)(2)(B). | $520,500 | NONE | 9/12/22 & 5/04/23 | 2023-05-04 | THE FOUNDATION HAS EXERCISED EXPENDITURE RESPONSIBLITY WITH REGARD TO THE GRANT REPORTED ON THIS ATTACHMENT AND HAS RECEIVED AN ANNUAL REPORT FROM THE GRANTEE. THE FOUNDATION HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF ANY REPORTS RECEIVED FROM THE GRANTEE SO NO INDEPENDENT VERIFICATION OF THE REPORTS WAS REQUIRED OR MADE. |
| MARC CHARITABLE FUND INC | |||||||||||
| C/O DZ CAP PO BOX 2626 | NEW YORK | NY | 10009 | 2021-12-29 | $900,000 | CHARITABLE GRANTS AND ADMINISTRATIVE EXPENSES IN FURTHERANCE OF CHARITABLE AND EDUCATIONAL PRUPOSES DESCRIBED IN SECTION 170(C)(2)(B). | $900,000 | NONE | 03/01/22 & 12/21/22 | 2022-12-21 | THE FOUNDATION HAS EXERCISED EXPENDITURE RESPONSIBLITY WITH REGARD TO THE GRANT REPORTED ON THIS ATTACHMENT AND HAS RECEIVED AN ANNUAL REPORT FROM THE GRANTEE. THE FOUNDATION HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF ANY REPORTS RECEIVED FROM THE GRANTEE SO NO INDEPENDENT VERIFICATION OF THE REPORTS WAS REQUIRED OR MADE. |
Liquidation Explanation Stmt LiquidationExplanationStmt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | SEE ATTACHED STATEMENT OF TERMINATION | ExplanationTxt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | PROFESSIONAL FEES | CategoryTxt |
| Legal Fees | $157,473 | LegalFeesAmt |
| Net Investment Income | $78,737 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $78,737 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | DUE FROM ETI | Desc |
| BOY Book Value | $727,114 | BOYBookValueAmt |
| EOY Book Value | $0 | EOYBookValueAmt |
| EOYFMV | $0 | EOYFMVAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail (2 entries)
| DescDesc | AmtAmt |
|---|---|
| BOOK TO TAX DIFFERENCES | $3,512,824 |
| TRANSFERRED ASSETS | $29,823,195 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| FLOW THROUGH EXPENSES | $294,377 | $159,934 | $0 |
| OFFICE | $2,330 | $2,330 | $0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (4 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| ENERGY TRADING FLOW THROUGH | $416,613 | $416,613 | $416,613 |
| HIGH VISTA II FLOW THROUGH | $3,254 | $3,254 | $3,254 |
| FLOW THROUGH INCOME - ETI | $1,259,923 | $0 | $1,259,923 |
| FLOW THROUGH INCOME - HIGH VISTA | $37,697 | $0 | $37,697 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | INVESTMENT MANAGEMENT FEES | CategoryTxt |
| Amt | $272,597 | Amt |
| Net Investment Income | $136,298 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $136,299 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| NY CHAR 500 | $750 | $0 | $0 |
| NY TAXES | $109,000 | $0 | $0 |
| CT TAXES | $122 | $0 | $0 |
Comments