BETA

ALBERT FAMILY FOUNDATION INC: Form 990PF, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
ALBERT FAMILY FOUNDATION INC (EIN 81-1567221)
Tax period
2023-01-01 to 2023-12-31
Filed
2025-06-02
IRS object ID
202501539349100410
Schema version
2023v6.0
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)
Return2025-06-02T12:34:19-04:00ReturnTs
Tax Period End2023-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN200066544PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Paul C Jensen Attorney at Law LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line12001 16th Street NorthAddressLine1Txt
CitySaint PetersburgCityNm
State AbbreviationFLStateAbbreviationCd
ZIP33704ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2023-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN811567221EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1ALBERT FAMILY FOUNDATION INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlALBEBusinessNameControlTxt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1234 21ST AVENUE NEAddressLine1Txt
CitySAINT PETERSBURGCityNm
State AbbreviationFLStateAbbreviationCd
ZIP33704ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonANTHONY ALBERTPersonNm
Person TitleDIRECTORPersonTitleTxt
Phone7278250099PhoneNum
Signature2025-06-02SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonPaul C JensenPreparerPersonNm
PTINP00358963PTIN
Phone7278250099PhoneNum
Preparation2025-06-02PreparationDt
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$67,436FMVAssetsEOYAmt
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$1,390DividendsRevAndExpnssAmt
Dividends Net Invst Incm$1,390DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$1,476NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$16,320GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$1,476CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$2,866TotalRevAndExpnssAmt
Total Net Invst Incm$2,866TotalNetInvstIncmAmt
Other Expenses Rev And Expnss$1,028OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$1,028OtherExpensesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss$1,028TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$1,028TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$43,700ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$43,700ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$44,728TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$1,028TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$43,700TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$41,862ExcessRevenueOverExpensesAmt
Net Investment Income$1,838NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$35,837SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$2,418SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$2,418SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY$29,439CorporateStockBOYAmt
Corporate Stock EOY$20,996CorporateStockEOYAmt
Corporate Stock EOYFMV$65,018CorporateStockEOYFMVAmt
Total Assets BOY$65,276TotalAssetsBOYAmt
Total Assets EOY$23,414TotalAssetsEOYAmt
Total Assets EOYFMV$67,436TotalAssetsEOYFMVAmt
Total Liabilities BOY$0TotalLiabilitiesBOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY$65,276NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY$23,414NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY$65,276TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$23,414TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$65,276TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$23,414TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$65,276TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$41,862ExcessRevenueOverExpensesAmt
Subtotal$23,414SubtotalAmt
Tot Net Ast Or Fund Balances EOY$23,414TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)

PropertyPropertyDescHow AcquiredHowAcquiredCdAcquiredAcquiredDtSoldSoldDtGross Sales PriceGrossSalesPriceAmtCost Or Other BasisCostOrOtherBasisAmtGain Or LossGainOrLossAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
MARKETABLE SECURITIESP2023-07-202023-11-14$6,259$6,401-$142-$142
MARKETABLE SECURITIESP2013-09-162023-07-20$10,061$8,443$1,618$1,618
FieldValueIRS element (for citing)
Capital Gain Net Income$1,476CapitalGainNetIncomeAmt
Net Short Term Capital Gain Loss-$142NetShortTermCapitalGainLossAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$26InvestmentIncomeExciseTaxAmt
Tax Under Section511$0TaxUnderSection511Amt
Subtotal$26SubtotalAmt
Subtitle A Tax$0SubtitleATaxAmt
Tax Based On Investment Income$26TaxBasedOnInvestmentIncomeAmt
Tax Due$26TaxDueAmt

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 SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateFLOrgReportOrRegisterStateCd
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
Individual With BooksANTHONY ALBERTIndividualWithBooksNm
Phone7278250099PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1234 201TH AVENUE NEAddressLine1Txt
CitySAINT PETERSBURGCityNm
State AbbreviationFLStateAbbreviationCd
ZIP33704ZIPCd
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
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
Undistributed Income PYfalseUndistributedIncomePYInd
Undistr Incm Sect4942a2 Not AppfalseUndistrIncmSect4942a2NotAppInd
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
ANTHONY ALBERT
234 21ST AVENUE NESAINT PETERSBURGFL33704DIRECTOR0.00$0$0$0
Michael Albert
2728 13th Street NorthSaint PetersburgFL33704Director0.00$0$0$0
Sarah Albert
234 21ST AVENUE NESAINT PETERSBURGFL33704Director0.00$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Other Employee Paid Over50k0OtherEmployeePaidOver50kCnt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$70,545AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$23,555AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$94,100TotalFMVOfUnusedAssetsAmt
Acquisition Indebtedness$0AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast$94,100AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$1,412CashDeemedCharitableAmt
Net Vl Noncharitable Assets$92,688NetVlNoncharitableAssetsAmt
Minimum Investment Return$4,634MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$4,634MinimumInvestmentReturnAmt
Tax Based On Investment Income$26TaxBasedOnInvestmentIncomeAmt
Total Tax$26TotalTaxAmt
Distributable Before Adj$4,608DistributableBeforeAdjAmt
Distributable Before Ded$4,608DistributableBeforeDedAmt
Distributable As Adjusted$4,608DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$43,700ExpensesAndContributionsAmt
Qualifying Distributions$43,700QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$4,608DistributableAsAdjustedAmt
Excess Distribution Cyov Yr4$18,384ExcessDistributionCyovYr4Amt
Total Excess Distribution Cyov$18,384TotalExcessDistributionCyovAmt
Qualifying Distributions$43,700QualifyingDistributionsAmt
Applied To Current Year$4,608AppliedToCurrentYearAmt
Remaining Distri From Corpus$39,092RemainingDistriFromCorpusAmt
Total Corpus$57,476TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$57,476ExcessDistriCyovToNextYrAmt
Excess From Year4$18,384ExcessFromYear4Amt
Excess From Current Year$39,092ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (6 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
FLORIDA RESURRECTION HOUSE
800 11TH ST NSAINT PETERSBURGFL33705NONEPCGENERAL$3,000
KEITH MACCOLLOM HOOPS
8140 BAYHAVEN DRSEMINOLEFL33776NONEPCGENERAL$5,000
TUCK SCHOOL OF BUSINESS
100 TUCK HALLHANOVERNH03755NONEPCGENERAL$1,000
DAVIDSON COLLEGE
405 N MAIN STDAVIDSONNC28035NONEPCGENERAL$3,500
THE BERKLEY FUND
1995 UNIVERSITY AVEBERKELEYCA94704NONEPCGENERAL$1,200
CATHEDRAL CHURCH
140 4TH ST NSAINT PETERSBURGFL33701NONEPCGENERAL$30,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$43,700TotalGrantOrContriPdDurYrAmt
Total Grant Or Contri Apprv Fut$0TotalGrantOrContriApprvFutAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$1,390RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$1,390RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$1,390TotalIncomeProducingActyAmt

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

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

FieldValueIRS element (for citing)
StockMARKETABLE SECURITIESStockNm
EOY Book Value$20,996EOYBookValueAmt
EOYFMV$65,018EOYFMVAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmtAdjusted Net IncomeAdjustedNetIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
BANK FEES$728$728$0$0
OTHER FEES$300$300$0$0

Comments

Anonymous: no account or email. Up to 2,000 characters, at most one link. Comments are checked automatically; some wait for review.