ELIZABETH AND BARETS O BENJAMIN CHARITABLE FOUNDATION INC: Form 990PF, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- ELIZABETH AND BARETS O BENJAMIN CHARITABLE FOUNDATION INC (EIN 22-3390586)
- Tax period
- 2021-01-01 to 2021-12-31
- Filed
- 2022-07-27
- IRS object ID
- 202212089349100701
- Schema version
- 2021v4.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Accounting Fees Schedule
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Legal Fees Schedule
- Other Assets Schedule
- Other Expenses Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-07-27T08:19:57-05:00 | ReturnTs |
| Tax Period End | 2021-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 131833422 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ASH & PARSONT LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 122 EAST 42ND STREET SUITE 1507 | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 101681599 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2021-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 223390586 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE ELIZABETH & BARETS O BENJAMIN | BusinessNameLine1Txt |
| Business Name Line2 | CHARITABLE FOUNDATION INC | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | ELIZ | BusinessNameControlTxt |
| Phone | 9733029700 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | CO SASS 210 PARK AVENUE 2ND FLOOR | AddressLine1Txt |
| City | FLORHAM PARK | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07932 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | PETER LASSER | PersonNm |
| Person Title | TRUSTEE/PRESIDENT | PersonTitleTxt |
| Phone | 9736711216 | PhoneNum |
| Signature | 2022-07-26 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | PETER | PersonFirstNm |
| Person Last | LASSER | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | DAN A DIERS | PreparerPersonNm |
| PTIN | P00110543 | PTIN |
| Phone | 2129531250 | PhoneNum |
| Preparation | 2022-07-26 | PreparationDt |
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 | 2021 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $15,349,078 | 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 | $89,781 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $89,781 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $113,493 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $109,488 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $1,026,682 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $3,069,080 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $1,026,682 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $1,229,956 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $1,225,951 | 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 | $5,497 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $5,497 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $3,850 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $3,850 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $135,847 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $91,226 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $44,621 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $15,960 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $962 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $154 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $19 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $135 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $161,308 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $92,207 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $54,103 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $619,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $619,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $780,308 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $92,207 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $673,103 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $449,648 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $1,133,744 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $382,063 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $271,205 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $271,205 | SavAndTempCashInvstEOYFMVAmt |
| US Government Obligations BOY | $686,912 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $525,172 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $536,644 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $4,831,135 | CorporateStockBOYAmt |
| Corporate Stock EOY | $5,286,509 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $11,168,162 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $3,023,268 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $3,283,164 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $3,363,527 | CorporateBondsEOYFMVAmt |
| Other Assets BOY | $2,564 | OtherAssetsBOYAmt |
| Other Assets EOY | $9,540 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $9,540 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $8,925,942 | TotalAssetsBOYAmt |
| Total Assets EOY | $9,375,590 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $15,349,078 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $0 | CapitalStockBOYAmt |
| Capital Stock EOY | $0 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $8,925,942 | RetainedEarningBOYAmt |
| Retained Earning EOY | $9,375,590 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $8,925,942 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $9,375,590 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $8,925,942 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $9,375,590 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $8,925,942 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $449,648 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $9,375,590 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $9,375,590 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (3 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|
| PUBLICLY TRADED SECURITIES | P | $558,938 | $517,892 | $41,046 | $41,046 |
| PUBLICLY TRADED SECURITIES | P | $2,510,090 | $1,524,506 | $985,584 | $985,584 |
| CAPITAL GAINS DIVIDENDS | P | $52 | $52 | $52 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $1,026,682 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $15,759 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $15,759 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $15,759 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $9,920 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $10,000 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $19,920 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $80 | EsPenaltyAmt |
| Overpayment | $4,081 | OverpaymentAmt |
| Applied To ES Tax | $4,081 | 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 | NJ | 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 | NONE | WebsiteAddressTxt |
| Individual With Books | SHERMAN ATLAS SYLVESTER STAMELMAN | IndividualWithBooksNm |
| Phone | 9733029700 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 210 PARK AVENUE 2ND FLOOR | AddressLine1Txt |
| City | FLORHAM PARK | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07932 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (7 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 |
|---|---|---|---|---|---|---|---|---|
| MARY R LASSER | ||||||||
| 333 ELMWOOD AVENUE | MAPLEWOOD | NJ | 07040 | TRUSTEE/PRESIDENT | 0.25 | $0 | $0 | $0 |
| PETER LASSER | ||||||||
| 2628 WINDING LANE | ATLANTA | GA | 30319 | VP/TREAS | 2.00 | $0 | $0 | $0 |
| ANDREW STAMELMAN ESQ | ||||||||
| 210 PARK AVENUE 2ND FLOOR | FLORHAM PARK | NJ | 07932 | TRUSTEE/SECRETARY | 2.00 | $0 | $0 | $0 |
| JULIA WATT-ROSENFELD | ||||||||
| 163 OCEAN AVENUE 3E | BROOKLYN | NY | 11225 | TRUSTEE | 0.25 | $0 | $0 | $0 |
| VICKI RUDNITSKY | ||||||||
| 3852 ALAMANDA DRIVE | SARASOTA | FL | 34238 | TRUSTEE | 0.25 | $0 | $0 | $0 |
| MADELEINE LASSER | ||||||||
| 4418 SPRUCE STREET APT L4 | PHILADELPHIA | PA | 19104 | TRUSTEE | 0.25 | $0 | $0 | $0 |
| JESSE ROSENFELD | ||||||||
| 748 KING STREET | RYE BROOK | NY | 10573 | TRUSTEE | 0.25 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| 1919 INVESTMENT COUNSEL LLC | |||||
| 2 LOGAN SQUARE SUITE 1850 | PHILADELPHIA | PA | 19103 | INVESTMENT MANAGEMENT AND ADMINISTRATION | $91,226 |
| THE PHILANTHROPIC INITIATIVE | |||||
| 75 ARLINGTON STREET SUITE 710 | BOSTON | MA | 02116 | CHARITABLE PLANNING | $44,621 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| 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 | $14,458,734 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $486,397 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $14,945,131 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $14,945,131 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $224,177 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $14,720,954 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $736,048 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $736,048 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $15,759 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $15,759 | TotalTaxAmt |
| Distributable Before Adj | $720,289 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $720,289 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $720,289 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $673,103 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $673,103 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $720,289 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr1 | $118,994 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $118,994 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $673,103 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $673,103 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $47,186 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $47,186 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $71,808 | 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 | $71,808 | ExcessDistriCyovToNextYrAmt |
| Excess From Year1 | $71,808 | ExcessFromYear1Amt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | MARY R LASSER | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE PHILANTHROPIC INITIATIVE | BusinessNameLine1Txt |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 420 BOYLSTON STREET | AddressLine1Txt |
| City | BOSTON | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02116 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Relationship | NONE | RecipientRelationshipTxt |
| Recipient Foundation Status | PC | RecipientFoundationStatusTxt |
| Grant Or Contribution Purpose | FOR OPERATIONS | GrantOrContributionPurposeTxt |
| Amt | $619,000 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $619,000 | 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 | $89,781 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $113,493 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $1,026,682 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $1,229,956 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $1,229,956 | 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 | ASH & PARSONT LLP | CategoryTxt |
| Amt | $3,850 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $3,850 | DisbursementsCharitablePrpsAmt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (54 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| 60,000 UNITEDHEALTH GROUP 4.7% 2/15/21 | $64,932 | $64,482 |
| 50.000 COCA COLA CO/THE 1.45% 6/01/27 | $49,939 | $49,707 |
| 45,000 GILEAD SCIENCES INC 1.2% 10/01/27 | $44,961 | $43,494 |
| 80.000 AT&T INC 1.65% 2/01/28 | $79,899 | $78,306 |
| 60,000 CELGENE CORP 3.9% 2/20/28 | $59,485 | $64,204 |
| 65,000 LOWE'S COS INC 1.3% 4/15/28 | $64,954 | $62,292 |
| 45.000 APPLE INC 0.75% 5/11/23 | $44,878 | $45,123 |
| 100,000 MERCK & CO INC 2.8% 5/18/23 | $100,631 | $102,941 |
| 30,000 WELLS FARGO & CO 4.125% 8/15/23 | $30,007 | $31,460 |
| 90,000 BK OF AMER CORP 4% 4/01/24 | $90,425 | $95,674 |
| 100,000 ORACLE CORP 3.4% 7/08/24 | $101,673 | $104,545 |
| 85,000 CITI GROUP INC 0.776% 10/30/24 | $85,000 | $84,493 |
| 60.000 PNC FINL SVCS 2.2% 11/01/24 | $59,980 | $61,604 |
| 40,000 GEN MTRS FINL CO 2.9% 2/26/25 | $39,950 | $41,356 |
| 30,000 INTEL CORP 3.4% 3/25/25 | $29,954 | $31,888 |
| 100,000 QUALCOMM INC 3.45% 5/20/25 | $99,255 | $106,563 |
| 45,000 HP INC 2.2% 6/17/25 | $44,896 | $45,930 |
| 45,000 PROCTER & GAMBLE CO 0.55% 10/29/25 | $44,927 | $43,902 |
| 100.000 MICROSOFT CORP 3.125% 11/03/25 | $103,182 | $106,673 |
| 100,000 EXXON MOBIL CORP 3.043% 3/01/26 | $102,924 | $105,790 |
| 45,000 CHARLES SCHWAB CORP 0.9% 3/11/26 | $44,945 | $43,884 |
| 40.000 WELLTOWER INC 2.7% 2/15/27 | $39,957 | $41,672 |
| 45,000 PROLOGIS LP 2.125% 4/15/27 | $44,779 | $45,736 |
| 100,000 ABBVIE INC 4.25% 11/14/28 | $106,653 | $113,079 |
| 40,000 BOSTON PPTYS LP 4.5% 12/01/28 | $39,856 | $45,079 |
| 35,000 AT&T INC 4.35% 3/01/29 | $34,828 | $39,315 |
| 35,000 BLACKROCK INC 3.25% 4/30/29 | $34,716 | $38,028 |
| 45,000 AVANGRID INC 3.8% 6/01/29 | $44,936 | $48,925 |
| 60.000 UNITEDHEALTH GROUP 2.875% 8/15/29 | $61,085 | $63,470 |
| 40,000 ANTHEM INC 2.875% 9/15/29 | $39,952 | $41,865 |
| 95,000 HOST HOTELS 3.375% 12/15/29 | $94,257 | $96,826 |
| 45,000 HALLIBURTON CO 2.92% 3/01/30 | $44,988 | $46,293 |
| 50.000 VERIZON 1.75% 1/20/31 | $49,773 | $47,323 |
| 120,000 TOYOTA MTR CR CORP MT 4.25% 1/11/21 | $64,971 | $64,015 |
| 45,000 CATERPILLAR FINL MTN 0.95% 5/13/22 | $44,960 | $45,103 |
| 45,000 TOYOTA MTR CR MTN 1.35% B/25/23 | $44,983 | $45,398 |
| 45,000 BK OF NY MELLON MTN 1.6% 4/24/25 | $44,983 | $45,413 |
| 100,000 WELLS FARGO & CO MTN 3.55% 9/29/25 | $101,877 | $106,558 |
| 45,000 PRUDENTIAL FINL MTN 1.5% 3/10/26 | $44,859 | $45,021 |
| 60,000 MORGAN STANLEY 2.72% 7/22/25 | $60,054 | $61,830 |
| 45,000 CITIGROUP INC V/R 4/08/26 | $45,000 | $47,175 |
| 40,000 JPMORGAN CHASE & CO V/R 1/29/27 | $40,000 | $43,220 |
| 35,000 BK OF MONTREAL 2.5% 6/28/24 | $34,915 | $36,093 |
| 70,000 INTI. BK RECON 3.125% 11/20/25 | $69,612 | $74,927 |
| 40,000 NUTRIEN LTD 4.2% 4/01/29 | $40,079 | $45,122 |
| 45,000 TORONTO-DOMINION BK 1.15% 6/12/25 | $95,539 | $94,201 |
| VERIZON - .75% - 03/22/24 | $114,993 | $114,528 |
| NVIDIA CORP - .584% - 06/14/24 | $85,000 | $84,214 |
| THERMO FISHER | $45,000 | $44,950 |
| WALMART INC | $44,952 | $44,721 |
| AUTODESK INC | $64,365 | $64,810 |
| MORGAN STANLEY | $80,000 | $79,725 |
| BANK OF AMERICA | $44,442 | $44,807 |
| A T T | $50,003 | $49,774 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (89 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| 448 HERSHEY CO/THE | $62,303 | $82,999 |
| 489 CINTAS CORP | $55,069 | $204,301 |
| 426 LAUDER ESTEE COS INC-A | $24,331 | $151,782 |
| 223 EXACT SCIENCES CORP | $21,040 | $17,356 |
| 143 ALNYLAM PHARMA INC | $9,695 | $24,250 |
| 21 INTUITIVE SURGICAL INC | $15,266 | $30,181 |
| 426 UNITEDHEALH GROUP INC | $17,976 | $201,860 |
| 701 DISNEY (THE WALT) COMPANY DEL | $111,379 | $129,023 |
| 2,379 TJX COMPANIES INC | $43,825 | $158,085 |
| 345 ADOBE INC | $24,488 | $114,546 |
| 97 AMAZON.COM INC | $82,342 | $316,762 |
| 328 AUTODESK INC | $48,034 | $85,201 |
| 2,930 CISCO SYSTEMS INC | $101,387 | $177,245 |
| 22 MERCADOLIBRE INC | $12,653 | $29,665 |
| 1,758 MICROSOFT CORP | $156,654 | $569,390 |
| 658 SALESFORCE COM INC | $37,484 | $104,702 |
| 1,391 QUALCOMM INC | $91,400 | $246,874 |
| 354 CHEGG INC | $25,831 | $21,950 |
| 441 PALO ALTO NETWORKS INC | $124,093 | $254,996 |
| 36 SERVICENOW INC | $99,200 | $128,524 |
| 111 SPLUNK INC | $28,895 | $23,607 |
| 71 VEEVA SYSTEMS INC-CLASS A | $10,138 | $18,139 |
| 359 VERISK ANALYTICS INC | $55,713 | $77,539 |
| 825 DANAHER CORP | $30,059 | $245,441 |
| 364 TELEFLEX INC | $86,788 | $109,384 |
| 80 TESLA INC | $1,674 | $46,498 |
| 475 HONEYWELL INTERNATIONAL INC | $59,923 | $89,242 |
| 2,639 APPLE INC | $11,462 | $412,673 |
| 319 INTUIT INC | $24,486 | $146,654 |
| 329 NVIDIA CORP | $48,929 | $293,228 |
| 756 SOLAREDGE TECHNOLOGIES INC | $51,196 | $137,479 |
| 791 HEICO CORP CL A | $64,464 | $89,450 |
| 350 UNION PACIFIC CORP | $46,029 | $125,461 |
| 3,545 BANK OF AMERICA CORP | $121,752 | $213,997 |
| 1.342 JP MORGAN CHASE & CO | $60,702 | $202,530 |
| 786 VISA INC-CLASS A SHARES | $32,630 | $157,115 |
| 822 CROWN CASTLE INTL CORP NEW COM | $22,399 | $144,448 |
| 117 EQUINIX INC | $66,490 | $87,122 |
| 2,009 NEXTERA ENERGY INC | $72,501 | $153,110 |
| 8,355 ISHARES MSCI SINGAPORE ETF | $200,271 | $178,713 |
| VANGUARD SMALL CAP | $580,489 | $866,070 |
| 6,600 VANGUARD FTSE EMERGING MARKETS ETF | $300,201 | $326,436 |
| 898 PROLOGIS INC | $34,022 | $106,235 |
| 96 ALPHABET INC-CL C | $18,227 | $263,317 |
| 400 FACEBOOK INC-A | $50,262 | $128,486 |
| 1,986 HANNON ARMSTRONG SUSTAINABLE | $60,107 | $94,766 |
| 144 T MOBILE US INC | $11,278 | $16,701 |
| 2,220 TRUIST FINANCIAL CORPORATION | $70,097 | $118,564 |
| 145 ROKU INC | $26,568 | $34,002 |
| 940 NATIONAL VISION HOLDINGS INC | $64,782 | $74,528 |
| 168 BEYOND MEAT INC | $41,425 | $24,565 |
| 63 TELADOC HEALTH INC | $23,801 | $16,903 |
| 463 IQVIA HOLDINGS INC | $58,691 | $114,831 |
| 514 CLOUDFLARE INC - CLASS A | $2,736 | $16,437 |
| 50 ALPHABET INC/CA-CL A | $11,218 | $162,234 |
| 591 UBER TECHNOLOGIES INC | $19,458 | $24,781 |
| 876 PAYPAL HOLDINGS INC | $38,881 | $121,823 |
| 714 AMERICAN WATER WORKS | $11,605 | $98,207 |
| 265 AON PLC | $105,799 | $137,656 |
| 687 EATON CORP PLC | $125,363 | $212,396 |
| 269 LINDE PLC | $52,427 | $94,229 |
| 625 PAGSEGURO DIGITAL LID-CL A | $11,274 | $16,388 |
| 532 CHUBB LTD | $68,466 | $119,852 |
| SPOTIFY TECHNOLOGY INC. | $10,250 | $18,020 |
| 365 YANDEX NV-A | $13,638 | $22,082 |
| 1.885 GENMAB A/S -SP ADR | $54,203 | $71,445 |
| 226 SEA L TD-ADR | $4,699 | $36,465 |
| 582 SOFTBANK GROUP-UNSPON ADR | $14,268 | $13,997 |
| VALERO ENERGY INC | $78,011 | $71,505 |
| STEEL DYNAMICS | $73,619 | $87,146 |
| CHARLES SCHWAB CORP | $153,722 | $176,694 |
| THERMO FISHER | $27,145 | $323,611 |
| ADVANCED DRAINAGE SYSTEMS | $80,938 | $98,014 |
| ELI LILLY | $87,731 | $88,390 |
| ZIMMER BIOMET HOLDINGS | $107,325 | $85,244 |
| NET FLIX | $85,460 | $92,173 |
| CHIPOTLE | $69,206 | $83,916 |
| COSTCO WHOLESALE | $25,155 | $102,186 |
| X PENG ADR | $15,445 | $25,165 |
| LEGALZOOM | $21,899 | $13,659 |
| STITCH FIX INC | $44,821 | $14,701 |
| AIR BNB INC | $24,452 | $29,136 |
| ROBLOX CORP | $31,991 | $39,098 |
| BLOCK INC | $8,558 | $19,058 |
| BLUE PRINT MEDICINES | $22,910 | $27,849 |
| APTIV PLC | $73,332 | $81,815 |
| HELLO FRESH | $30,629 | $27,527 |
| NIO INC ADR | $21,503 | $16,664 |
| THE HOME DEPOT | $57,471 | $311,673 |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $525,172 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $536,644 | USGovtObligationsEOYFMVAmt |
| State Local Sec Book Vl EOY | $0 | StateLocalSecBookVlEOYAmt |
| State Local Sec EOYFMV | $0 | StateLocalSecEOYFMVAmt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | SHERMAN ATLAS | CategoryTxt |
| Legal Fees | $5,497 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $5,497 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | DUE TO/FROM BROKER | Desc |
| BOY Book Value | $2,564 | BOYBookValueAmt |
| EOY Book Value | $9,540 | EOYBookValueAmt |
| EOYFMV | $9,540 | EOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| JPMORGAN CHASE - BANK CHARGES | $135 | $0 | $135 |
| ADR FEES | $19 | $19 | $0 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| 1919/STATE STREET - INVESTMENT COUNSEL/CUSTODY FEES AND ADMINISTRATION | $91,226 | $91,226 | $0 |
| TPI CONSULTING - GRANT CONSULTANT FEE | $44,621 | $0 | $44,621 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| FOREIGN TAXES | $962 | $962 | $0 |
| FEDERAL EXCISE TAX | $14,998 | $0 | $0 |
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