BIG WIN PHILANTHROPY INC: Form 990PF, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- BIG WIN PHILANTHROPY INC (EIN 82-0843080)
- Tax period
- 2022-01-01 to 2022-12-31
- Filed
- 2023-11-15
- IRS object ID
- 202333199349106433
- 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
- General Explanation Attachment
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Other Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-11-15T15:01:15-06:00 | ReturnTs |
| Tax Period End | 2022-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 130436940 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ANCHIN BLOCK & ANCHIN LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3 TIMES SQUARE | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 100367001 | 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 | 820843080 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BIG WIN PHILANTHROPY INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | BIGW | BusinessNameControlTxt |
| Phone | 2028276374 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4 POST OFFICE LANE UNIT 388 | AddressLine1Txt |
| City | GREENS FARMS | CityNm |
| State Abbreviation | CT | StateAbbreviationCd |
| ZIP | 06838 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | CHRISTOPHER KLATELL | PersonNm |
| Person Title | COO | PersonTitleTxt |
| Phone | 2028276374 | 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 | CHRISTOPHER | PersonFirstNm |
| Person Last | KLATELL | 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 | BARRY LIEBERMAN | PreparerPersonNm |
| PTIN | P01264445 | PTIN |
| Phone | 2128403456 | PhoneNum |
| Preparation | 2023-11-15 | 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 | $156,896,878 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $139,056,700 | ContriRcvdRevAndExpnssAmt |
| Dividends Rev And Expnss | $149,478 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $126,687 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $482,147 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $1,960,413 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $482,147 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | -$72,189 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | -$64,712 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $139,616,136 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $544,122 | 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 |
| Taxes Rev And Expnss | $5,974 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $5,974 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $399 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $0 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $0 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $6,373 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $5,974 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $0 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $0 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $6,373 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $5,974 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $0 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $139,609,763 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $538,148 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash EOY | $1,874,003 | CashEOYAmt |
| Cash EOYFMV | $1,874,003 | CashEOYFMVAmt |
| Sav And Temp Cash Invst EOY | $2,551,911 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $2,551,911 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $0 | CorporateStockBOYAmt |
| Corporate Stock EOY | $1,119,357 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $1,033,018 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $0 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $134,065,352 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $151,437,647 | OtherInvestmentsEOYFMVAmt |
| Other Assets BOY | $0 | OtherAssetsBOYAmt |
| Other Assets EOY | $299 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $299 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $0 | TotalAssetsBOYAmt |
| Total Assets EOY | $139,610,922 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $156,896,878 | TotalAssetsEOYFMVAmt |
| Accounts Payable EOY | $1,159 | AccountsPayableEOYAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $1,159 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $0 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $139,609,763 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $0 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $139,609,763 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $0 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $139,610,922 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $0 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $139,609,763 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $139,609,763 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $139,609,763 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | Gross Sales PriceGrossSalesPriceAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | Cost Or Other BasisCostOrOtherBasisAmt |
|---|---|---|---|---|---|
| CAPITAL GAIN/LOSS -PARTNERSHIPS | P | $460,413 | $460,413 | $460,413 | |
| 1,490.04 SHS TRUVVO HEDGE STRATEGIES OFFSHORE | P | $1,500,000 | $21,734 | $21,734 | $1,478,266 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $482,147 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $7,480 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $7,480 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $7,480 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $0 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $45,000 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $45,000 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $37,520 | OverpaymentAmt |
| Applied To ES Tax | $37,520 | 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 |
| Org Report Or Register State | DE | 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 | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | WWW.BIGWIN.ORG | WebsiteAddressTxt |
| Individual With Books | ANCHIN BLOCK ANCHIN LLP | IndividualWithBooksNm |
| Phone | 2128403456 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3 TIMES SQUARE | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10036 | 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 | Yes (1) | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | Yes (1) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | 0 | ActsFailToQlfyAsExceptionsInd |
| 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 (13 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 |
|---|---|---|---|---|---|---|---|---|
| JAMIE COOPER | ||||||||
| 4 POST OFFICE LANE UNIT 388 | GREENS FARMS | CT | 06838 | PRESIDENT AND CHAIR | 20.00 | $0 | $0 | $0 |
| DR KESETE ADMASU | ||||||||
| 4 POST OFFICE LANE UNIT 388 | GREENS FARMS | CT | 06838 | CHIEF EXECUTIVE OFFICER | 5.00 | $0 | $0 | $0 |
| CHRISTOPHER J KLATELL | ||||||||
| 4 POST OFFICE LANE UNIT 388 | GREENS FARMS | CT | 06838 | CHIEF OPERATING OFFICER AND G.C. | 24.00 | $0 | $0 | $0 |
| SUPROTIK BASU | ||||||||
| 4 POST OFFICE LANE UNIT 388 | GREENS FARMS | CT | 06838 | DIRECTOR | 1.00 | $0 | $0 | $0 |
| MALIK DECHAMBENOIT | ||||||||
| 4 POST OFFICE LANE UNIT 388 | GREENS FARMS | CT | 06838 | DIRECTOR | 1.00 | $0 | $0 | $0 |
| MARK DYBUL | ||||||||
| 4 POST OFFICE LANE UNIT 388 | GREENS FARMS | CT | 06838 | DIRECTOR | 1.00 | $0 | $0 | $0 |
| BILL HANEY | ||||||||
| 4 POST OFFICE LANE UNIT 388 | GREENS FARMS | CT | 06838 | DIRECTOR | 1.00 | $0 | $0 | $0 |
| NIKOS MAKRIS | ||||||||
| 4 POST OFFICE LANE UNIT 388 | GREENS FARMS | CT | 06838 | DIRECTOR | 1.00 | $0 | $0 | $0 |
| DR DZINGAI MUTUMBUKA ON LEAVE | ||||||||
| 4 POST OFFICE LANE UNIT 388 | GREENS FARMS | CT | 06838 | DIRECTOR | 0.00 | $0 | $0 | $0 |
| MADAME LUISA DIOGO | ||||||||
| 4 POST OFFICE LANE UNIT 388 | GREENS FARMS | CT | 06838 | DIRECTOR | 1.00 | $0 | $0 | $0 |
| MICHELLE HARRISON | ||||||||
| 4 POST OFFICE LANE UNIT 388 | GREENS FARMS | CT | 06838 | DIRECTOR | 1.00 | $0 | $0 | $0 |
| ALOYSIUS ORDU | ||||||||
| 4 POST OFFICE LANE UNIT 388 | GREENS FARMS | CT | 06838 | DIRECTOR | 1.00 | $0 | $0 | $0 |
| ROSINE SORI-COULIBALY | ||||||||
| 4 POST OFFICE LANE UNIT 388 | GREENS FARMS | CT | 06838 | DIRECTOR | 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 | $40,512,097 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $2,349,171 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $42,861,268 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $42,861,268 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $642,919 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $42,218,349 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $2,110,917 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $2,110,917 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $7,480 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $7,480 | TotalTaxAmt |
| Distributable Before Adj | $2,103,437 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $2,103,437 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $2,103,437 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $0 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $0 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $2,103,437 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $0 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $0 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $0 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $2,103,437 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $0 | ExcessDistriCyovToNextYrAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
| Total Grant Or Contri Pd Dur Yr | $0 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $149,478 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $482,147 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp (2 entries)
| DescDesc | ExclusionExclusionCd | ExclusionExclusionAmt | BusinessBusinessCd | Unrelated Business Taxbl IncmUnrelatedBusinessTaxblIncmAmt |
|---|---|---|---|---|
| OTHER INCOME/LOSS FROM PARTNERSHIPS | 14 | -$64,712 | ||
| PARTNERSHIP INCOME(LOSS) SUBJECT TO UNRELATED BUSINESS INCOME TAX | 523000 | -$7,477 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | -$7,477 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $566,913 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $559,436 | 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 |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE CHILDRENS INVESTMENT FUND FOUNDATION DBA BIG WIN PHILANTHROPY | BusinessNameLine1Txt |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | C/O DAY PITNEY BLUE BACK SQ75 ISHAM | AddressLine1Txt |
| City | WEST HARTFORD | CityNm |
| State Abbreviation | CT | StateAbbreviationCd |
| ZIP | 061072237 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $139,056,700 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
| Noncash Contribution | Yes (X) | NoncashContributionInd |
Non Cash Property Contribution NonCashPropertyContributionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Noncash Property | TRANSFER OF ASSETS TO SUCCESSOR ORGANIZATION EFFECTIVE SEPTEMBER 30, 2022. | NoncashPropertyDesc |
| Fair Market Value | $139,056,700 | FairMarketValueAmt |
| Received | 2022-12-31 | ReceivedDt |
General Explanation Attachment GeneralExplanationAttachment
General Explanation GeneralExplanationGrp (2 entries)
| IdentifierIdentifierTxt | Form And Line ReferenceFormAndLineReferenceDesc | Medium ExplanationMediumExplanationTxt |
|---|---|---|
| UNDISTRIBUTED INCOME | FORM 990-PF, PART XII, LINES 1-6F | THE FILING ORGANIZATION, BIG WIN PHILANTHROPY, INC. (EIN: 82-0843080), AS SUCCESSOR ORGANIZATION TO THE CHILDRENS INVESTMENT FUND FOUNDATION (EIN: 04-3632641) IS RESPONSIBLE FOR, AND WILL SATISFY, BOTH THE DISTRIBUTION OF ITS 2022 UNDISTRIBUTED AMOUNT SHOWN ON PART XII, LINE 6F, AND THE UNDISTRIBUTED AMOUNTS OF ITS PREDECESSOR ORGANIZATION, ITEMIZED AS FOLLOWS:FORM 990-PF, PART XII, LINE 6ETHE CHILDRENS INVESTMENT FUND FOUNDATION (EIN: 04-3632641):$137,017FORM 990-PF, PART XII, LINE 6FTHE CHILDRENS INVESTMENT FUND FOUNDATION (EIN: 04-3632641):$6,313,287BIG WIN PHILANTHROPY, INC. (EIN: 82-0843080):$2,103,437 |
| CONTRIBUTIONS | FORM 990-PF, SCHEDULE B | A GRANT AGREEMENT WAS SIGNED BY THE FILING ORGANIZATION (GRANTEE) AND THE CHILDRENS INVESTMENT FUND FOUNDATION DBA BIG WIN PHILANTHROPY (GRANTOR; EIN: 04-3632641) TO TRANSFER ALL REMAINING ASSETS TO THE SUCCESSOR ORGANIZATION EFFECTIVE SEPTEMBER 30, 2022. UNDER INTERNAL REVENUE CODE SECTION 507 AND TREASURY REGULATIONS SECTION 1.507-3, GRANTEE IS TREATED AS A CONTINUATION OF THE GRANTOR. |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (2 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| MFC SPDR GOLD TR GOLD SHS | $331,920 | $372,529 |
| MFO DOUBLELINE TOTAL RETURN BOND FUND-I | $787,437 | $660,489 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (72 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| AACP TAX EXEMPT INVESTORS V L.P | AT COST | $776,483 | $947,419 |
| ABDIEL QUALIFIED OFFSHORE PRTNR | AT COST | $3,259,390 | $4,931,224 |
| ADVENT LATIN AMERICAN PRIVATE EQUITY FUND VII-C | AT COST | $164,873 | $202,844 |
| ARROWSTREET CAPITAL GLOBAL EQUITY LONG/SHORT FUND LTD | AT COST | $4,500,000 | $6,365,828 |
| ASIA ALTERNATIVES DELAWARE V LP | AT COST | $72,113 | $80,336 |
| BIOMATICS CAPITAL PARTNERS LP | AT COST | $242,578 | $339,286 |
| BIOPHARMA CREDIT INVESTMENTS V LP | AT COST | $644,669 | $607,987 |
| CA RESOURCES FUND (U.S. TAX-EXEMPT), L.P. - SERIES ADVENT INT'L GPE IX | AT COST | $861,615 | $1,780,010 |
| CA RESOURCES FUND (U.S. TAX-EXEMPT), L.P. - SERIES KPS SPECIAL SITUATIONS FD | AT COST | $536,916 | $751,942 |
| CA RESOURCES FUND (U.S. TAX-EXEMPT), LP-SER ADVENT GPE X | AT COST | $13,644 | $29,421 |
| CAPITAL TODAY EVERGREEN FUND LP | AT COST | $2,247,044 | $2,545,540 |
| CASTLELAKE INCOME OPPORTUNITIES II L.P. | AT COST | $78,915 | $451,090 |
| CENTERBRIDGE PARTNERS RE FND LP | AT COST | $963,818 | $1,172,447 |
| CF ELECTRON GLOBAL FUND LTD CL A-2 UNRES SER 26 | AT COST | $3,000,000 | $2,930,299 |
| CF GOBI INVESTMENT FUND LTD | AT COST | $4,000,000 | $3,467,124 |
| CF RA CAPITAL HEALTHCARE INTL FD LTD | AT COST | $3,000,000 | $2,122,080 |
| CF RTW INNOVATION OFFSHORE FD LTD | AT COST | $3,000,000 | $2,005,660 |
| CF SRS PARTNERS LTD CL B | AT COST | $2,333,333 | $3,832,417 |
| CF STC-CTF DURABLE COMPANIES | AT COST | $3,198,614 | $3,249,943 |
| DIAMETER OFFSHORE FUND L.P | AT COST | $3,145,838 | $5,543,662 |
| ECLIPSE FUND III, LP | AT COST | $636,319 | $1,175,470 |
| ECLIPSE FUND IV, LP | AT COST | $200,533 | $225,169 |
| ELLIOT INTERNATIONAL LTD | AT COST | $4,195,000 | $4,632,258 |
| FARALLON EQTY PARTNERS INTL LTD | AT COST | $3,000,000 | $4,926,710 |
| FORTRESS CREDIT OPPORTUNITIES FUND V (B) LP | AT COST | $1,108,168 | $1,220,551 |
| FORTRESS CREDIT OPPORTUNITIES FUND V EXPANSION (B) LP | AT COST | $175,466 | $173,668 |
| GRESHAMQUANT ACAR FUND LLC, NGQF | AT COST | $3,000,000 | $3,000,000 |
| HILLHOUSE FOCUSED GROWTH FUND V FEEDER, LP | AT COST | $156,068 | $163,717 |
| HILLHOUSE FUND IV FEEDER, LP | AT COST | $1,046,703 | $1,270,708 |
| HILLHOUSE FUND V FEEDER LP | AT COST | $103,837 | $86,789 |
| HILLHOUSE VENTURE FUND V FEEDER, LP | AT COST | $248,134 | $330,550 |
| HILLHOUSE VENTURE FUND VI FEEDER LP | AT COST | $30,742 | $26,228 |
| HIMALAYA CAP. INVESTORS (OFF) LP | AT COST | $5,000,000 | $5,169,787 |
| HOLLYPORT SECONDARY FUND LP | AT COST | $303,407 | $582,246 |
| INSOLVE GLOBAL CREDIT FEEDER FUND V AIV, LP | AT COST | $167,918 | $0 |
| INSOLVE GLOBAL CREDIT FEEDER FUND V, LP | AT COST | $629,336 | $813,240 |
| ISAM SYSTEMATIC TREND SPV LTD | AT COST | $1,808,543 | $3,176,351 |
| JGB MANAGEMENT, INC | AT COST | $369,542 | $366,491 |
| LAKEWOOD CAP. OFFSHORE FUND LTD | AT COST | $4,110,664 | $4,946,407 |
| LIFTBRIDGE COMMERCIAL OFFSHORE FUND 2, LTD | AT COST | $374,169 | $390,122 |
| MANGROVE PARTNERS FUND (CAYMAN) | AT COST | $1 | $1,125,367 |
| MEP CAPITAL III, L.P. | AT COST | $180,985 | $193,933 |
| NITORUM OFFSHORE FUND LTD | AT COST | $2,019,809 | $2,038,383 |
| OVERLOOK PARTNERS FUND LP | AT COST | $4,255,791 | $4,468,853 |
| RENAISSANCE INST EQTY FUND LLC | AT COST | $3,112,072 | $4,945,922 |
| SECTION 32 FUND 3, LP | AT COST | $301,987 | $342,194 |
| SECTION 32 FUND 4, LP | AT COST | $326,941 | $337,912 |
| SECTION 32 FUND 5, LP | AT COST | $22,680 | $25,916 |
| SOROBAN OPPTYS CAYMAN FUN LTD | AT COST | $2,440,660 | $3,813,624 |
| SUSTAINABLE ASSET FUND II LP | AT COST | $446,853 | $549,347 |
| SUSTAINABLE ASSET FUND III (US FEEDER), LP | AT COST | $248,479 | $232,217 |
| THE ENGINE ACCELERATOR FUND L.P | AT COST | $740,104 | $2,088,295 |
| THE ENGINE FOLLOW-ON FUND I, L.P. | AT COST | $134,746 | $134,664 |
| THE ENGINE FUND II, LP | AT COST | $113,146 | $140,012 |
| TIGER GLOBAL LONG OPPRTY LTD | AT COST | $3,227,793 | $2,464,072 |
| TIGER GLOBAL PRIV. INVSTMNT XI LP | AT COST | $1,975,573 | $3,383,312 |
| TIGER GLOBAL PRIV. INVSTMNT XII LP | AT COST | $901,598 | $1,281,907 |
| TIGER GLOBAL PRIVATE INVESTMENT PARTNERS XIV | AT COST | $945,429 | $535,071 |
| TIGER GLOBAL PRIVATE INVESTMENT PARTNERS XV | AT COST | $618,714 | $576,399 |
| TPG PUBLIC EQUITY PARTNERS LP | AT COST | $3,500,000 | $3,635,777 |
| TRUVVO EMERGING MARKET EQUITY LP RTAS | AT COST | $1,380,415 | $1,040,028 |
| TRUVVO HEDGE STRATEGIES OFFSHORE IUZ2 | AT COST | $13,576,734 | $14,906,696 |
| TRUVVO INTERNATIONAL DEVELOPED EQUITY LP | AT COST | $5,762,974 | $4,496,137 |
| TRUVVO PRIVATE ASSETS LP | AT COST | $4,465,077 | $3,174,006 |
| TRUVVO US EQUITY - RTAQ | AT COST | $6,087,354 | $5,255,950 |
| VENBIO GLOBAL STRATEGIC FUND IV, L.P. | AT COST | $89,626 | $92,420 |
| VERSANT VENTURE CAPITAL VII LP | AT COST | $1,217,746 | $1,611,705 |
| VOR OPPORTUNITIES FUND LTD SER E | AT COST | $4,000,000 | $3,044,573 |
| WHITESPRUCE FUND LTD SHARE CL A SER | AT COST | $4,000,000 | $3,780,926 |
| WNDRCO, LLC | AT COST | $978,310 | $1,245,437 |
| XIANG HE FUND II, LP | AT COST | $789,363 | $1,117,959 |
| YIHENG CAP. OFFSHORE PRTNRS LTD | AT COST | $3,500,000 | $3,325,612 |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | SECURITY DEPOSIT | Desc |
| EOY Book Value | $299 | EOYBookValueAmt |
| EOYFMV | $299 | EOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | NON-DEDUCTIBLE EXPENSES | Desc |
| Revenue And Expenses Per Books | $399 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| OTHER INCOME/LOSS FROM PARTNERSHIPS | -$64,712 | -$64,712 | -$64,712 |
| PARTNERSHIP INCOME(LOSS) SUBJECT TO UNRELATED BUSINESS INCOME TAX | -$7,477 | -$7,477 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | FOREIGN TAXES PAID | CategoryTxt |
| Amt | $5,974 | Amt |
| Net Investment Income | $5,974 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
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