FURP.ORG / PUBLIC DATA EXPLORER

SYRIL H AND WALTER A FAMILY FOUNDATION INC: Form 990PF, tax year 2021

View the entire original 990 at ProPublica ↗

Organization
SYRIL H AND WALTER A FAMILY FOUNDATION INC (EIN 46-3207425)
Tax period
2021-01-01 to 2021-12-31
Filed
2022-05-17
IRS object ID
202221379349100037
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)
Return2022-05-17T08:09:29-07:00ReturnTs
Tax Period End2021-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN050575657PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Sosin & Kriegel LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line13000 Marcus Avenue Suite 2E4AddressLine1Txt
CityLake SuccessCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11042ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2021-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN463207425EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1The Syril H and Walter A Frank FamilyBusinessNameLine1Txt
Business Name Line2FoundationBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlSYRIBusinessNameControlTxt
Phone2076337919PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line126 Crow Point LaneAddressLine1Txt
CityTrevettCityNm
State AbbreviationMEStateAbbreviationCd
ZIP04571ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonSyril FrankPersonNm
Person TitlePresidentPersonTitleTxt
Signature2022-05-17SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstSyrilPersonFirstNm
Person LastFrankPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonLeonard E Kriegel CPAPreparerPersonNm
PTINP00037555PTIN
Phone5165704600PhoneNum

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)
Tax2021TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$289,822FMVAssetsEOYAmt
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$998InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$998InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$8,258DividendsRevAndExpnssAmt
Dividends Net Invst Incm$8,258DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$39,914NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$141,518GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$39,914CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$49,170TotalRevAndExpnssAmt
Total Net Invst Incm$49,170TotalNetInvstIncmAmt
Accounting Fees Rev And Expnss$3,473AccountingFeesRevAndExpnssAmt
Other Expenses Rev And Expnss$61OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$61OtherExpensesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss$3,534TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$61TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$2,500ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$2,500ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$6,034TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$61TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$2,500TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$43,136ExcessRevenueOverExpensesAmt
Net Investment Income$49,109NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$2,261CashBOYAmt
Cash EOY$11,565CashEOYAmt
Cash EOYFMV$11,565CashEOYFMVAmt
Prepaid Expenses BOY$72PrepaidExpensesBOYAmt
Prepaid Expenses EOY$248PrepaidExpensesEOYAmt
Prepaid Expenses EOYFMV$248PrepaidExpensesEOYFMVAmt
Corporate Stock BOY$175,315CorporateStockBOYAmt
Corporate Stock EOY$208,971CorporateStockEOYAmt
Corporate Stock EOYFMV$251,634CorporateStockEOYFMVAmt
Corporate Bonds BOY$26,831CorporateBondsBOYAmt
Corporate Bonds EOY$26,831CorporateBondsEOYAmt
Corporate Bonds EOYFMV$26,375CorporateBondsEOYFMVAmt
Total Assets BOY$204,479TotalAssetsBOYAmt
Total Assets EOY$247,615TotalAssetsEOYAmt
Total Assets EOYFMV$289,822TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Retained Earning BOY$204,479RetainedEarningBOYAmt
Retained Earning EOY$247,615RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$204,479TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$247,615TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$204,479TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$247,615TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$204,479TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$43,136ExcessRevenueOverExpensesAmt
Subtotal$247,615SubtotalAmt
Tot Net Ast Or Fund Balances EOY$247,615TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp

FieldValueIRS element (for citing)
PropertyPublicly traded securitiesPropertyDesc
How AcquiredPHowAcquiredCd
Gross Sales Price$141,518GrossSalesPriceAmt
Cost Or Other Basis$101,604CostOrOtherBasisAmt
Gain Or Loss$39,914GainOrLossAmt
Gains Minus Excess Or Losses$39,914GainsMinusExcessOrLossesAmt
FieldValueIRS element (for citing)
Capital Gain Net Income$39,914CapitalGainNetIncomeAmt
Net Short Term Capital Gain Loss$39,914NetShortTermCapitalGainLossAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$683InvestmentIncomeExciseTaxAmt
Subtotal$683SubtotalAmt
Tax Based On Investment Income$683TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$960EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits$960TotalPaymentsAndCreditsAmt
Overpayment$277OverpaymentAmt
Applied To ES Tax$277AppliedToESTaxAmt

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 StateNYOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsYes (true)NewSubstantialContributorsInd
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 Line1Leonard Kriegel CPABusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone5165704600PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line13000 Marcus Ave Ste 2E4AddressLine1Txt
CityLake SuccessCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11042ZIPCd
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 (3 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmt
Syril H Frank
7 South Circle DriveGreat NeckNY11021Director1.00$0
Robert F Goldhirsch
PO Box 190-111Brian HeadUT84719Director0.25$0
Douglas C Goldhirsch
26 Crow Point LaneTrevettME04571Treasurer0.25$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$267,224AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$7,977AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$275,201TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$275,201AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$4,128CashDeemedCharitableAmt
Net Vl Noncharitable Assets$271,073NetVlNoncharitableAssetsAmt
Minimum Investment Return$13,554MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$13,554MinimumInvestmentReturnAmt
Tax Based On Investment Income$683TaxBasedOnInvestmentIncomeAmt
Total Tax$683TotalTaxAmt
Distributable Before Adj$12,871DistributableBeforeAdjAmt
Distributable Before Ded$12,871DistributableBeforeDedAmt
Distributable As Adjusted$12,871DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$2,500ExpensesAndContributionsAmt
Qualifying Distributions$2,500QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$12,871DistributableAsAdjustedAmt
Undistributed Income PY$1,913UndistributedIncomePYAmt
Qualifying Distributions$2,500QualifyingDistributionsAmt
Applied To Year1$1,913AppliedToYear1Amt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$587AppliedToCurrentYearAmt
Undistributed Income CY$12,284UndistributedIncomeCYAmt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (2 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
Vets of Foreign Wars
406 W 34th StreetKansas CityMO64111None501(c)(3)General$2,000
American Indian College Fund
8333 Greenwood BlvdDenverCO80221None501(c)(3)General$500
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$2,500TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$998ExclusionAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$8,258ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion$39,914ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$49,170ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$49,170TotalIncomeProducingActyAmt

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

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryBookkeeping services, tax preparationCategoryTxt
Amt$3,473Amt
Net Investment Income$0NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$0DisbursementsCharitablePrpsAmt

Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule

Investments Corporate Bonds InvestmentsCorporateBondsGrp

FieldValueIRS element (for citing)
BondJP Morgan Chase & Co 6.1% Fxd to 10/1/24BondNm
EOY Book Value$26,831EOYBookValueAmt
EOYFMV$26,375EOYFMVAmt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (8 entries)

StockStockNmEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
Balchem CP$3,472$50,580
Tekla Healthcare Opp Fund$20,000$25,640
Eaton Vance Flt-Rate 2022 TR$15,000$13,875
Nuveen Credit Opp 2022 Target$20,000$16,180
BCS 9% Contingent Autocall T$15,000$8,865
Neuberger Bermann Next Gen Fund$14,715$12,975
Unit First Tr Dow Target 10 March 2021$64,660$66,403
Unit AAM High 50 Dividend Strategy 2021$56,124$57,116

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp

FieldValueIRS element (for citing)
DescInvestment ExpensesDesc
Revenue And Expenses Per Books$61RevenueAndExpensesPerBooksAmt
Net Investment Income$61NetInvestmentIncomeAmt

Substantial Contributors Sch SubstantialContributorsSch

Substantial Contributor Detail SubstantialContributorDetail

FieldValueIRS element (for citing)
PersonSyril H FrankPersonNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line17 South Circle DriveAddressLine1Txt
CityGreat NeckCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11021ZIPCd