STUART S FLAMBERG FOUNDATION: Form 990PF, tax year 2021

View the entire original 990 at ProPublica ↗

Organization
STUART S FLAMBERG FOUNDATION (EIN 22-3755887)
Tax period
2021-01-01 to 2021-12-31
Filed
2022-08-29
IRS object ID
202222419349100507
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)
Return2022-08-29T08:03:27-07:00ReturnTs
Tax Period End2021-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN223454611PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Capital Enhancement LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line125 Independence BLVD STE 101AddressLine1Txt
CityWarrenCityNm
State AbbreviationNJStateAbbreviationCd
ZIP07059ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2021-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN223755887EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1The Stuart S Flamberg FoundationBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlSTUABusinessNameControlTxt

US Address USAddress

FieldValueIRS element (for citing)
Address Line15 Tanglewood CourtAddressLine1Txt
CityColts NeckCityNm
State AbbreviationNJStateAbbreviationCd
ZIP07722ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonStuart S FlambergPersonNm
Person TitleTrusteePersonTitleTxt
Signature2022-08-29SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstStuart SPersonFirstNm
Person LastFlambergPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonSteven A CalvelliPreparerPersonNm
PTINP00743856PTIN
Phone9084847700PhoneNum

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$3,403,714FMVAssetsEOYAmt
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$37,459DividendsRevAndExpnssAmt
Dividends Net Invst Incm$37,459DividendsNetInvstIncmAmt
Dividends Adj Net Incm$37,459DividendsAdjNetIncmAmt
Net Gain Sale Ast Rev And Expnss$23,765NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$44,441GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$23,765CapGainNetIncmNetInvstIncmAmt
Net ST Capital Gain Adj Net Incm$23,765NetSTCapitalGainAdjNetIncmAmt
Total Rev And Expnss$61,224TotalRevAndExpnssAmt
Total Net Invst Incm$61,224TotalNetInvstIncmAmt
Total Adj Net Incm$61,224TotalAdjNetIncmAmt
Accounting Fees Rev And Expnss$1,500AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$1,500AccountingFeesNetInvstIncmAmt
Accounting Fees Adj Net Incm$1,500AccountingFeesAdjNetIncmAmt
Taxes Rev And Expnss$322TaxesRevAndExpnssAmt
Taxes Net Invst Incm$322TaxesNetInvstIncmAmt
Taxes Adj Net Incm$322TaxesAdjNetIncmAmt
Taxes Dsbrs Chrtbl$5,244TaxesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$1,822TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$1,822TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Adj Net Incm$1,822TotOprExpensesAdjNetIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$5,244TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$104,900ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$104,900ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$106,722TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$1,822TotalExpensesNetInvstIncmAmt
Total Expenses Adj Net Incm$1,822TotalExpensesAdjNetIncmAmt
Total Expenses Dsbrs Chrtbl$110,144TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$45,498ExcessRevenueOverExpensesAmt
Net Investment Income$59,402NetInvestmentIncomeAmt
Adjusted Net Income$59,402AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$51,232CashBOYAmt
Cash EOY$37,772CashEOYAmt
Cash EOYFMV$37,772CashEOYFMVAmt
Corporate Stock BOY$2,730,757CorporateStockBOYAmt
Corporate Stock EOY$3,365,942CorporateStockEOYAmt
Corporate Stock EOYFMV$3,365,942CorporateStockEOYFMVAmt
Total Assets BOY$2,781,989TotalAssetsBOYAmt
Total Assets EOY$3,403,714TotalAssetsEOYAmt
Total Assets EOYFMV$3,403,714TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Capital Stock BOY$2,781,989CapitalStockBOYAmt
Capital Stock EOY$3,403,714CapitalStockEOYAmt
Tot Net Ast Or Fund Balances BOY$2,781,989TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$3,403,714TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$2,781,989TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$3,403,714TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$2,781,989TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$45,498ExcessRevenueOverExpensesAmt
Other Increases$667,223OtherIncreasesAmt
Subtotal$3,403,714SubtotalAmt
Tot Net Ast Or Fund Balances EOY$3,403,714TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp

FieldValueIRS element (for citing)
PropertySchwabPropertyDesc
How AcquiredPHowAcquiredCd
Acquired2021-01-01AcquiredDt
Sold2021-12-31SoldDt
Gross Sales Price$44,441GrossSalesPriceAmt
Cost Or Other Basis$20,676CostOrOtherBasisAmt
Gain Or Loss$23,765GainOrLossAmt
Gains Minus Excess Or Losses$23,765GainsMinusExcessOrLossesAmt
FieldValueIRS element (for citing)
Capital Gain Net Income$23,765CapitalGainNetIncomeAmt
Net Short Term Capital Gain Loss$23,765NetShortTermCapitalGainLossAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$826InvestmentIncomeExciseTaxAmt
Subtotal$826SubtotalAmt
Tax Based On Investment Income$826TaxBasedOnInvestmentIncomeAmt
Form2220 AttachedYes (X)Form2220AttachedInd
Es Penalty$20EsPenaltyAmt
Tax Due$846TaxDueAmt
Applied To ES Tax$0AppliedToESTaxAmt

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
Org Report Or Register StateNJOrgReportOrRegisterStateCd
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 Line1Stuart S FlambergBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone9084847700PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line15 Tanglewood CourtAddressLine1Txt
CityColts NeckCityNm
State AbbreviationNJStateAbbreviationCd
ZIP07722ZIPCd
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
Stuart S Flamberg
5 Tanglewood CourtColts NeckNJ07722Trustee0.00$0
Mark A Competiello
444 Kissel AvenueStaten IslandNY10301Trustee0.00$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$44,502AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$3,048,350FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$3,092,852TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$3,092,852AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$46,393CashDeemedCharitableAmt
Net Vl Noncharitable Assets$3,046,459NetVlNoncharitableAssetsAmt
Minimum Investment Return$152,323MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$152,323MinimumInvestmentReturnAmt
Tax Based On Investment Income$826TaxBasedOnInvestmentIncomeAmt
Total Tax$826TotalTaxAmt
Distributable Before Adj$151,497DistributableBeforeAdjAmt
Distributable Before Ded$151,497DistributableBeforeDedAmt
Distributable As Adjusted$151,497DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$110,144ExpensesAndContributionsAmt
Qualifying Distributions$110,144QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$151,497DistributableAsAdjustedAmt
Undistributed Income PY$93,494UndistributedIncomePYAmt
Qualifying Distributions$110,144QualifyingDistributionsAmt
Applied To Year1$93,494AppliedToYear1Amt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$16,650AppliedToCurrentYearAmt
Undistributed Income CY$134,847UndistributedIncomeCYAmt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (19 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
CHABAD Jewish Center
14 South Holmdel RoadHolmdelNJ07733CharityPCGeneral purposes$35,400
ASPCA
260 Wall StreetEantontownNJ07724CharityPCGeneral purposes$10,000
Notre Game Academy
78-78 Howard AveStaten IslandNY10301CharityPCGeneral purposes$2,000
Cancer Research Institute
55 BroadwayNew YorkNY10006CharityPCGeneral purposes$1,500
Flatbush Jewish Center
327 E 5th StreetBrooklynNY11218CharityPCGeneral Purposes$1,500
Home of the Sages of Israel
25 Willett StNew YorkNY10002CharityPCGeneral Purposes$1,000
St Hubert's
575 Woodland AveMadisonNJ07940CharityPCGeneral Purposes$5,000
Make a Wish
1347 Perrineville RdMonroe TwpNJ08831CharityPCGeneral Purposes$3,000
Fulfill Foodbank
3300 NJ-66Neptune CityNJ07753CharityPCGeneral Purposes$5,000
United Way of Monmouth Cty
1415 Wyckoff RdFarmingdaleNJ07727CharityPCGeneral purposes$2,000
Lustgarten Foundation
425 Crossways Park DrWoodburyNY11797CharityPCGeneral purposes$2,000
Helping Animals Left Orphaned
125 Stockton DrCampbellsvilleKY42718CharityPCGeneral Purposes$5,000
PETA
501 Front StNorfolkVA23510CharityPCGeneral Purposes$1,500
Shriners Hospital
2900 N Rocky Point DrTampaFL33607CharityPCGeneral Purposes$1,000
Schwab Charitable Fund
PO Box 628298OrlandoFL32862CharityPCGeneral Purposes$25,000
American Red Cross
PO Box 37839BooneIA50037CharityPCGeneral Purposes$1,000
American Humane Society
1255 23rd Street NW Suite 450WashingtonDC20037CharityPCGeneral Purposes$1,000
African Wildlife Federation
1100 New Jersey Ave SEWashingtonDC20003CharityPCGeneral Purposes$1,000
Ronald McDonald House
405 E 73rd StNew YorkNY10021CharityPCGeneral Purposes$1,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$104,900TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$37,459RelatedOrExemptFunctionIncmAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$23,765RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$61,224RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$61,224TotalIncomeProducingActyAmt

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)
CategoryCECategoryTxt
Amt$1,500Amt
Net Investment Income$1,500NetInvestmentIncomeAmt
Adjusted Net Income$1,500AdjustedNetIncomeAmt
Disbursements Charitable Prps$0DisbursementsCharitablePrpsAmt

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail

FieldValueIRS element (for citing)
DescIncrease in asset valuesDesc
Amt$667,223Amt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryTaxesCategoryTxt
Amt$322Amt
Net Investment Income$322NetInvestmentIncomeAmt
Adjusted Net Income$322AdjustedNetIncomeAmt
Disbursements Charitable Prps$5,244DisbursementsCharitablePrpsAmt

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