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THE SAMUEL LYON CHARITABLE FOUNDATION INC: Form 990PF, tax year 2021

View the entire original 990 at ProPublica ↗

Organization
THE SAMUEL LYON CHARITABLE FOUNDATION INC (EIN 31-6651291)
Tax period
2021-01-01 to 2021-12-31
Filed
2022-06-15
IRS object ID
202211669349101101
Schema version
2021v4.0
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)
Return2022-06-15T15:51:39-05:00ReturnTs
Tax Period End2021-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN610713437PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1BOWDEN & WOOD PLLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1304 MIDDLETOWN PARK PLACEAddressLine1Txt
CityLOUISVILLECityNm
State AbbreviationKYStateAbbreviationCd
ZIP402432555ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2021-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN316651291EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE SAMUEL LYON CHARITABLEBusinessNameLine1Txt
Business Name Line2FOUNDATION INCBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlSAMUBusinessNameControlTxt
Phone5025871283PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1712 BRAEVIEW ROADAddressLine1Txt
CityLOUISVILLECityNm
State AbbreviationKYStateAbbreviationCd
ZIP40206ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonSHELDON M YOFFEPersonNm
Person TitleTRUSTEEPersonTitleTxt
Signature2022-06-15SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstSHELDONPersonFirstNm
Person LastYOFFEPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonBRIAN E MOSSPreparerPersonNm
PTINP00632361PTIN
Phone5025830262PhoneNum
Preparation2022-06-10PreparationDt
FieldValueIRS element (for citing)
Tax2021TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$1,577,667FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss$1InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$1InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$29,313DividendsRevAndExpnssAmt
Dividends Net Invst Incm$29,313DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$67,243NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$93,811GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$38,737CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$96,557TotalRevAndExpnssAmt
Total Net Invst Incm$68,051TotalNetInvstIncmAmt
Taxes Rev And Expnss$1,483TaxesRevAndExpnssAmt
Taxes Net Invst Incm$1,483TaxesNetInvstIncmAmt
Other Expenses Rev And Expnss$1,019OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$1,019OtherExpensesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss$2,502TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$2,502TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$61,500ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$61,500ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$64,002TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$2,502TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$61,500TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$32,555ExcessRevenueOverExpensesAmt
Net Investment Income$65,549NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$4,172CashBOYAmt
Cash EOY$5,624CashEOYAmt
Cash EOYFMV$5,624CashEOYFMVAmt
Other Investments BOY$879,092OtherInvestmentsBOYAmt
Other Investments EOY$910,195OtherInvestmentsEOYAmt
Other Investments EOYFMV$1,572,043OtherInvestmentsEOYFMVAmt
Total Assets BOY$883,264TotalAssetsBOYAmt
Total Assets EOY$915,819TotalAssetsEOYAmt
Total Assets EOYFMV$1,577,667TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Retained Earning BOY$883,264RetainedEarningBOYAmt
Retained Earning EOY$915,819RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$883,264TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$915,819TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$883,264TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$915,819TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$883,264TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$32,555ExcessRevenueOverExpensesAmt
Subtotal$915,819SubtotalAmt
Tot Net Ast Or Fund Balances EOY$915,819TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

FieldValueIRS element (for citing)
Capital Gain Net Income$38,737CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$911InvestmentIncomeExciseTaxAmt
Subtotal$911SubtotalAmt
Tax Based On Investment Income$911TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$1,093EstimatedPlusOvpmtIncmTxAmt
Extsn Request Income Tax Paid$200ExtsnRequestIncomeTaxPaidAmt
Total Payments And Credits$1,293TotalPaymentsAndCreditsAmt
Form2220 AttachedYes (X)Form2220AttachedInd
Es Penalty$1EsPenaltyAmt
Overpayment$381OverpaymentAmt
Applied To ES Tax$381AppliedToESTaxAmt

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 Line1SHELDON M YOFFEBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone5025871283PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1712 BRAEVIEW ROADAddressLine1Txt
CityLOUISVILLECityNm
State AbbreviationKYStateAbbreviationCd
ZIP40206ZIPCd
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
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 (3 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
SHELDON M YOFFE
712 BRAEVIEW ROADLOUISVILLEKY40206TRUSTEE000.00$0$0$0
ELAINE Y WEINBERG
6727 ELMCROFT CIRCLELOUISVILLEKY40241TRUSTEE000.00$0$0$0
MARLENE Y SCHAFFER
63 HARWOOD ROADLOUISVILLEKY40222TRUSTEE000.00$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Description1N/ADescription1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$1,493,996AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$9,001AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$1,502,997TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$1,502,997AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$22,545CashDeemedCharitableAmt
Net Vl Noncharitable Assets$1,480,452NetVlNoncharitableAssetsAmt
Minimum Investment Return$74,023MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$74,023MinimumInvestmentReturnAmt
Tax Based On Investment Income$911TaxBasedOnInvestmentIncomeAmt
Total Tax$911TotalTaxAmt
Distributable Before Adj$73,112DistributableBeforeAdjAmt
Distributable Before Ded$73,112DistributableBeforeDedAmt
Distributable As Adjusted$73,112DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$61,500ExpensesAndContributionsAmt
Qualifying Distributions$61,500QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$73,112DistributableAsAdjustedAmt
Undistributed Income PY$1,168UndistributedIncomePYAmt
Qualifying Distributions$61,500QualifyingDistributionsAmt
Applied To Year1$1,168AppliedToYear1Amt
Applied To Current Year$60,332AppliedToCurrentYearAmt
Undistributed Income CY$12,780UndistributedIncomeCYAmt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (23 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
AMERICAN CANCER SOCIETY
1640 LYNDON FARM COURT 1LOUISVILLEKY40223NONEPCSUPPORT$750
AMERICAN HEART ASSOCIATION
240 WHITTINGTON PARKWAYLOUISVILLEKY40222NONEPCSUPPORT$750
BROOKLYN JEWISH CENTER CIRCLE
667 EASTERN PARKWAYBROOKLYNNY11213NONEPCSUPPORT$500
HADASSAH
40 WALL STREETNEW YORKNY10005NONEPCSUPPORT$750
HOME OF THE INNOCENTS
1100 EAST MARKET STREETLOUISVILLEKY40206NONEPCSUPPORT$4,000
HOSPARUS
3532 EPHRAIM MCDOWELL DRLOUISVILLEKY40205NONEPCSUPPORT$750
JEWISH COMMUNITY OF LOUISVILLE
3600 DUTCHMANS LANELOUISVILLEKY40205NONEPCSUPPORT$5,000
JEWISH FAMILY & CAREER SERVICES
2821 KLEMPNER WAYLOUISVILLEKY40205NONEPCSUPPORT$6,000
KENESETH ISRAEL CONGREGATION
2531 TAYLORSVILLE ROADLOUISVILLEKY40205NONEPCSUPPORT$11,500
KENTUCKY HUMANE SOCIETY
1000 LYNDON LANE SUITE BLOUISVILLEKY40222NONEPCSUPPORT$750
KENTUCKY INSTITUTE FOR TORAH EDU
2310 DOROTHY AVELOUISVILLEKY40205NONEPCSUPPORT$5,000
KIDS CENTER FOR PEDIATRIC THERAPIES
PO BOX 17630LOUISVILLEKY40217NONEPCSUPPORT$1,000
LOUISVILLE FREE PUBLIC LIBRARY
301 YORK STREETLOUISVILLEKY40203NONEPCSUPPORT$750
LOUISVILLE OLMSTEAD PARKS CONSERVAN
1299 TREVILIAN WAYLOUISVILLEKY40213NONEPCSUPPORT$1,000
MEREDITH-DUNN LEARNING CENTER INC
3023 MELBOURNE AVELOUISVILLEKY40220NONEPCSUPPORT$5,000
MULTIPLE SCLEROSIS SOCIETY
1201 STORY AVE 200LOUISVILLEKY40206NONEPCSUPPORT$1,500
NORTHWESTERN ANNUAL FUND
2020 RIDGE AVENUE 4TH FLEVANSTONIL60208NONEPCSUPPORT$4,000
THE TEMPLE
5101 US HIGHWAY 42LOUISVILLEKY40241NONEPCSUPPORT$6,700
VOLUNTEERS OF AMERICA MID-STATES
570 S FOURTH ST STE 100LOUISVILLEKY40202NONEPCSUPPORT$500
CONGREGATION RODEPH SHALON
615 NORTH BROAD STREETPHILADELPHIAPA19123NONEPCSUPORT$3,600
POWER FOR PARKINSON'S
5555 NORTH LAMAR STE L121AUSTINTX78751NONEPCSUPPORT$200
WHAS CRUSADE FOR CHILDREN
520 W CHESTNUT STREETLOUISVILLEKY40202NONEPCSUPPORT$1,000
NATIONAL COUNCIL OF JEWISH WOMEN
2055 L ST NW STE 650WASHINGTONDC20036NONEPCSUPPORT$500
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$61,500TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$1ExclusionAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$29,313ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$67,243ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$96,557ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$96,557TotalIncomeProducingActyAmt

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

Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch

Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp (6 entries)

AssetAssetDescAcquiredAcquiredDtHow AcquiredHowAcquiredTxtSoldSoldDtGross Sales PriceGrossSalesPriceAmtBasisBasisAmtTotal NetTotalNetAmt
CASH IN LIEU - CONSOLIDATED EDISON2021-06PURCHASE2021-12$38$35$3
CASH IN LIEU - KYNDRYL HOLDINGS INC2020-06PURCHASE2021-11$12$11$1
90 SHARES OF ABBVIE INC2020-06PURCHASE2021-12$10,792$1,856$8,936
348 SHARES OF CONSOLIDATED EDISON2020-06PURCHASE2021-12$28,146$18,018$10,128
45 SHARES OF IBM2020-06PURCHASE2021-12$5,439$3,849$1,590
65 SHARES OF PPG2020-06PURCHASE2021-12$10,647$2,799$7,848

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp

FieldValueIRS element (for citing)
Category Or ItemPNC ADVISORS PORTFOLIO OF SECURITIESCategoryOrItemTxt
Listed At Cost Or FMVAT COSTListedAtCostOrFMVCd
Book Value$910,195BookValueAmt
EOYFMV$1,572,043EOYFMVAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (4 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmt
EXPENSES
BANK FEES$24$24
PROFESSIONAL FEES$920$920
INVESTMENT ACCOUNT FEES$75$75

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryFEDERAL EXCISE TAXCategoryTxt
Amt$1,483Amt
Net Investment Income$1,483NetInvestmentIncomeAmt

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