EASTON FAMILY FUND INC: Form 990PF, tax year 2020

View the entire original 990 at ProPublica ↗

Organization
EASTON FAMILY FUND INC (EIN 13-6103454)
Tax period
2020-07-01 to 2021-06-30
Filed
2022-02-03
IRS object ID
202210349349100006
Schema version
2020v4.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2022-02-03T08:07:02-08:00ReturnTs
Tax Period End2021-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN113460692PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Reitman & Belkin LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1420 Lexington Avenue Suite 626AddressLine1Txt
CityNew YorkCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10170ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2020-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN136103454EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1EASTON FAMILY FUNDBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlEASTBusinessNameControlTxt
Phone2127345044PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line130 EAST 65TH STREET 13BAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10065ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonELIZABETH EASTONPersonNm
Person TitleChairman/SecyPersonTitleTxt
Signature2022-02-03SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstELIZABETHPersonFirstNm
Person LastEASTONPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonRichard ReitmanPreparerPersonNm
PTINP01367764PTIN
Phone2125990410PhoneNum

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer2TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
Federated Assurance LevelFAL1FederatedAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2020TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$1,739,622FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Dividends Rev And Expnss$38,062DividendsRevAndExpnssAmt
Dividends Net Invst Incm$38,062DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$9,844NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$43,557GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$9,844CapGainNetIncmNetInvstIncmAmt
Net ST Capital Gain Adj Net Incm$5,024NetSTCapitalGainAdjNetIncmAmt
Total Rev And Expnss$47,906TotalRevAndExpnssAmt
Total Net Invst Incm$47,906TotalNetInvstIncmAmt
Total Adj Net Incm$5,024TotalAdjNetIncmAmt
Other Prof Fees Rev And Expnss$1,185OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm$1,185OtherProfFeesNetInvstIncmAmt
Taxes Rev And Expnss$851TaxesRevAndExpnssAmt
Taxes Net Invst Incm$851TaxesNetInvstIncmAmt
Other Expenses Rev And Expnss$3,786OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$3,786OtherExpensesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss$5,822TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$5,822TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$52,855ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$52,855ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$58,677TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$5,822TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$52,855TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$10,771ExcessRevenueOverExpensesAmt
Net Investment Income$42,084NetInvestmentIncomeAmt
Adjusted Net Income$5,024AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$60,614CashBOYAmt
Cash EOY$53,973CashEOYAmt
Cash EOYFMV$53,973CashEOYFMVAmt
Sav And Temp Cash Invst BOY$56,228SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$79,044SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$79,045SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY$717,658CorporateStockBOYAmt
Corporate Stock EOY$726,425CorporateStockEOYAmt
Corporate Stock EOYFMV$1,435,025CorporateStockEOYFMVAmt
Corporate Bonds BOY$227,307CorporateBondsBOYAmt
Corporate Bonds EOY$191,594CorporateBondsEOYAmt
Corporate Bonds EOYFMV$171,579CorporateBondsEOYFMVAmt
Total Assets BOY$1,061,807TotalAssetsBOYAmt
Total Assets EOY$1,051,036TotalAssetsEOYAmt
Total Assets EOYFMV$1,739,622TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY$1,061,807NoDonorRstrNetAssestsBOYAmt
Tot Net Ast Or Fund Balances BOY$1,061,807TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$1,051,036TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$1,061,807TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$1,051,036TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$1,061,807TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$10,771ExcessRevenueOverExpensesAmt
Subtotal$1,051,036SubtotalAmt
Tot Net Ast Or Fund Balances EOY$1,051,036TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (7 entries)

PropertyPropertyDescHow AcquiredHowAcquiredCdAcquiredAcquiredDtSoldSoldDtGross Sales PriceGrossSalesPriceAmtCost Or Other BasisCostOrOtherBasisAmtGain Or LossGainOrLossAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
10,000 Jeffries Group IncP2017-01-012020-11-30$10,235$10,815-$580-$580
10,000 Lloyd TSB Bank PLCP2017-01-012021-01-21$10,000$9,950$50$50
15,000 Raymond James Finl IncP2017-01-012021-04-05$14,828$12,948$1,880$1,880
ADAM NAT RES FD INC COMP2017-01-012020-12-18$181$181$181
ADAM NAT RES FD INC COMP2017-01-012021-02-26$24$24$24
MATTHEWS CHINA SMALL COS INVESTORP2017-01-012020-12-16$3,265$3,265$3,265
MATTHEWS CHINA SMALL COS INVESTORP2020-01-012020-12-16$5,024$5,024$5,024
FieldValueIRS element (for citing)
Capital Gain Net Income$9,844CapitalGainNetIncomeAmt
Net Short Term Capital Gain Loss$5,024NetShortTermCapitalGainLossAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$585InvestmentIncomeExciseTaxAmt
Subtotal$585SubtotalAmt
Tax Based On Investment Income$585TaxBasedOnInvestmentIncomeAmt
Form2220 AttachedYes (X)Form2220AttachedInd
Es Penalty$11EsPenaltyAmt
Tax Due$596TaxDueAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedfalseSection508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1THOMAS EASTONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone2127345044PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line130 EAST 65TH STREET 13BAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10065ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Acts Fail To Qlfy As ExceptionsfalseActsFailToQlfyAsExceptionsInd
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
Undistributed Income PYfalseUndistributedIncomePYInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmt
THOMAS EASTON
181 E 65TH STREETNEW YORKNY10021President/Treas0.00$0
ELIZABETH EASTON
30 E 65TH STREETNEW YORKNY10021Chairman/Secy0.00$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$0AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$0AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$0TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$0AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$0CashDeemedCharitableAmt
Net Vl Noncharitable Assets$0NetVlNoncharitableAssetsAmt
Minimum Investment Return$0MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Tax Based On Investment Income$585TaxBasedOnInvestmentIncomeAmt
Total Tax$585TotalTaxAmt
Distributable Before Adj$585DistributableBeforeAdjAmt
Distributable Before Ded$585DistributableBeforeDedAmt
Distributable As Adjusted$0DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$52,855ExpensesAndContributionsAmt
Qualifying Distributions$52,855QualifyingDistributionsAmt
Adjusted Qualifying Distri$52,855AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$0DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$40,124ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$71,026ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$75,958ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$67,821ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$78,366ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$333,295TotalExcessDistributionCyovAmt
Qualifying Distributions$52,855QualifyingDistributionsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Remaining Distri From Corpus$52,855RemainingDistriFromCorpusAmt
Total Corpus$386,150TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$40,124ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$346,026ExcessDistriCyovToNextYrAmt
Excess From Year4$71,026ExcessFromYear4Amt
Excess From Year3$75,958ExcessFromYear3Amt
Excess From Year2$67,821ExcessFromYear2Amt
Excess From Year1$78,366ExcessFromYear1Amt
Excess From Current Year$52,855ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp

FieldValueIRS element (for citing)
Recipient PersonSEE ENCLOSED SCHEDULERecipientPersonNm

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line1VARIOUSAddressLine1Txt
CityVARIOUSCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10021ZIPCd
FieldValueIRS element (for citing)
Recipient RelationshipNONERecipientRelationshipTxt
Recipient Foundation StatusN/ARecipientFoundationStatusTxt
Grant Or Contribution PurposeTO BENEFIT VARIOUS CHARITIES.GrantOrContributionPurposeTxt
Amt$52,855Amt
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$52,855TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$38,062ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$9,844RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$38,062ExclusionAmt
Related Or Exempt Function Incm$9,844RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$47,906TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmt
BANK FEES$15$15
OFFICE EXPENSES$3,771$3,771

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

FieldValueIRS element (for citing)
CategoryINVESTMENT FEESCategoryTxt
Amt$1,185Amt
Net Investment Income$1,185NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$0DisbursementsCharitablePrpsAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryFOREIGN TAXESCategoryTxt
Amt$851Amt
Net Investment Income$851NetInvestmentIncomeAmt

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