JOSEPH & FLORENCE MANDEL FAMILY FOUNDATION - WEINBERG FAMILY FUND: Form 990PF, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- JOSEPH & FLORENCE MANDEL FAMILY FOUNDATION - WEINBERG FAMILY FUND (EIN 83-0987549)
- Tax period
- 2020-01-01 to 2020-12-31
- Filed
- 2022-01-07
- IRS object ID
- 202230079349100068
- Schema version
- 2020v4.1
- 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
- All Oth Prog Rltd Investments Sch
- Depreciation Schedule
- Investments Other Schedule2
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Reduction Explanation Statement
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-01-07T10:32:17-06:00 | ReturnTs |
| Tax Period End | 2020-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PARKWOOD LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1000 LAKESIDE AVE E | AddressLine1Txt |
| City | CLEVELAND | CityNm |
| State Abbreviation | OH | StateAbbreviationCd |
| ZIP | 441141117 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2020-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 830987549 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE JOSEPH AND FLORENCE MANDEL FAMILY- | BusinessNameLine1Txt |
| Business Name Line2 | PENNI M AND STEPHEN J WEINBERG FAMILY FUND | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % BRADLEY S SMITH | InCareOfNm |
| Business Name Control | JOSE | BusinessNameControlTxt |
| Phone | 2168756500 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1000 LAKESIDE AVENUE | AddressLine1Txt |
| City | CLEVELAND | CityNm |
| State Abbreviation | OH | StateAbbreviationCd |
| ZIP | 44114 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | BRADLEY SMITH | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 2168756500 | PhoneNum |
| Signature | 2022-01-05 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | BRADLEY | PersonFirstNm |
| Person Last | SMITH | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | LUIS E VELAZQUEZ | PreparerPersonNm |
| PTIN | P01272244 | PTIN |
| Phone | 2168756500 | PhoneNum |
| Preparation | 2022-01-05 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 3 | TrustedCustomerCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2020 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amended Return | Yes (X) | AmendedReturnInd |
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $101,450,735 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $0 | ContriRcvdRevAndExpnssAmt |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $486,735 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $486,735 | InterestOnSavNetInvstIncmAmt |
| Interest On Savings Adj Net Incm | $486,735 | InterestOnSavingsAdjNetIncmAmt |
| Dividends Rev And Expnss | $853,301 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $853,301 | DividendsNetInvstIncmAmt |
| Dividends Adj Net Incm | $853,301 | DividendsAdjNetIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $18,399,888 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $24,558,322 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $18,399,888 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | -$174,912 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | -$1,129,962 | OtherIncomeNetInvstIncmAmt |
| Other Income Adj Net Incm | -$1,129,962 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | $19,565,012 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $18,609,962 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $210,074 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Interest Rev And Expnss | $138,181 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $138,181 | InterestNetInvstIncmAmt |
| Interest Adj Net Incm | $138,181 | InterestAdjNetIncmAmt |
| Taxes Rev And Expnss | $185,633 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $43,350 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $43,350 | TaxesAdjNetIncmAmt |
| Other Expenses Rev And Expnss | $1,703,662 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $1,703,662 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $1,703,662 | OtherExpensesAdjNetIncmAmt |
| Other Expenses Dsbrs Chrtbl | $4,671 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $2,027,476 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $1,885,193 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $1,885,193 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $4,671 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $4,445,352 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $2,898,666 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $6,472,828 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $1,885,193 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $1,885,193 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $2,903,337 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $13,092,184 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $16,724,769 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $2,899,171 | CashBOYAmt |
| Cash EOY | $1,786,490 | CashEOYAmt |
| Cash EOYFMV | $1,786,490 | CashEOYFMVAmt |
| Acct Rcvbl | $10 | AcctRcvblAmt |
| Acct Rcvbl BOY | $6,541 | AcctRcvblBOYAmt |
| Acct Rcvbl EOY | $10 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $10 | AcctRcvblEOYFMVAmt |
| Other Investments BOY | $116,769,160 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $141,077,816 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $99,664,235 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $119,674,872 | TotalAssetsBOYAmt |
| Total Assets EOY | $142,864,316 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $101,450,735 | TotalAssetsEOYFMVAmt |
| Grants Payable BOY | $0 | GrantsPayableBOYAmt |
| Grants Payable EOY | $1,546,686 | GrantsPayableEOYAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $1,546,686 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $119,674,872 | RetainedEarningBOYAmt |
| Retained Earning EOY | $141,317,630 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $119,674,872 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $141,317,630 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $119,674,872 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $142,864,316 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $119,674,872 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $13,092,184 | ExcessRevenueOverExpensesAmt |
| Other Increases | $26,569,478 | OtherIncreasesAmt |
| Subtotal | $159,336,534 | SubtotalAmt |
| Other Decreases | $18,018,904 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $141,317,630 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (7 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | Cost Or Other BasisCostOrOtherBasisAmt |
|---|---|---|---|---|---|---|
| SHORT-TERM CAPITAL GAIN (LOSS) FROM PARTNERSHIPS | P | 2020-12-31 | $3,366,475 | $3,366,475 | $3,366,475 | |
| LONG-TERM CAPITAL GAIN (LOSS) FROM PARTNERSHIPS | P | 2020-12-31 | $11,955,545 | $11,955,545 | $11,955,545 | |
| PIMCO SHORT-TERM FUND | P | 2020-12-31 | $6,170,000 | $11,566 | -$12,700 | $6,182,700 |
| SECTION 1231/1250 CAPITAL GAIN (LOSS) | P | 2020-12-31 | $558,444 | $558,444 | $558,444 | |
| SECTION 1256 S/T CAPITAL GAIN (LOSS) | P | 2020-12-31 | $1,002,784 | $1,002,784 | $1,002,784 | |
| SECTION 1256 L/T CAPITAL GAIN (LOSS) | P | 2020-12-31 | $1,504,175 | $1,504,175 | $1,504,175 | |
| CAPITAL GAIN (LOSS) 28% RATE | P | 2020-12-31 | $899 | $899 | $899 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $18,399,888 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $232,474 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $232,474 | SubtotalAmt |
| Tax Based On Investment Income | $232,474 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $115,000 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $209,000 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $324,000 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $2,197 | EsPenaltyAmt |
| Overpayment | $89,329 | OverpaymentAmt |
| Applied To ES Tax | $89,329 | AppliedToESTaxAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (true) | Form990TFiledInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BRADLEY S SMITH | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2168756500 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1000 LAKESIDE AVE E | AddressLine1Txt |
| City | CLEVELAND | CityNm |
| State Abbreviation | OH | StateAbbreviationCd |
| ZIP | 44114 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (8 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 |
|---|---|---|---|---|---|---|---|---|
| PENNI M WEINBERG | ||||||||
| 1000 LAKESIDE AVENUE | CLEVELAND | OH | 44114 | TRUSTEE | 0 | $0 | $0 | $0 |
| PAMELA M KAHN | ||||||||
| 1000 LAKESIDE AVENUE | CLEVELAND | OH | 44114 | TRUSTEE | 0 | $0 | $0 | $0 |
| JENNIFER W DINNER | ||||||||
| 1000 LAKESIDE AVENUE | CLEVELAND | OH | 44114 | TRUSTEE | 0 | $0 | $0 | $0 |
| STEPHANIE MILLER | ||||||||
| 1000 LAKESIDE AVENUE | CLEVELAND | OH | 44114 | TRUSTEE | 0 | $0 | $0 | $0 |
| MARK MADEJA | ||||||||
| 1000 LAKESIDE AVENUE | CLEVELAND | OH | 44114 | ASSISTANT SECRETARY | 0 | $0 | $0 | $0 |
| LAVONDA D NAPKA | ||||||||
| 1000 LAKESIDE AVENUE | CLEVELAND | OH | 44114 | SECRETARY | 0 | $0 | $0 | $0 |
| BRADLEY S SMITH | ||||||||
| 1000 LAKESIDE AVENUE | CLEVELAND | OH | 44114 | PRESIDENT | 0 | $0 | $0 | $0 |
| BRADLEY S SMITH | ||||||||
| 1000 LAKESIDE AVENUE | CLEVELAND | OH | 44114 | TREASURER | 0 | $0 | $0 | $0 |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | NONE | Description1Txt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | NONE | Description1Txt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $0 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $4,043,866 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $82,507,686 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $86,551,552 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $32,509,659 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $86,551,552 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $1,298,273 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $85,253,279 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $4,262,664 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $4,262,664 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $232,474 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $232,474 | TotalTaxAmt |
| Distributable Before Adj | $4,030,190 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $4,030,190 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $4,030,190 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $2,903,337 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $0 | CharitableAssetsAcquisPaidAmt |
| Set Aside Suitability Test | $0 | SetAsideSuitabilityTestAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $2,903,337 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $2,903,337 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $4,030,190 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $2,748,263 | UndistributedIncomePYAmt |
| Prior Year1 | 2018 | PriorYear1Yr |
| Prior Year2 | 2017 | PriorYear2Yr |
| Prior Year3 | 2016 | PriorYear3Yr |
| Excess Distribution Cyov Yr1 | $0 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $2,903,337 | QualifyingDistributionsAmt |
| Applied To Year1 | $2,748,263 | AppliedToYear1Amt |
| Applied To Current Year | $155,074 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $0 | TotalCorpusAmt |
| Undistributed Income CY | $3,875,116 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $0 | ExcessDistriCyovToNextYrAmt |
| Excess From Current Year | $0 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | NONE | ContributingManagerNm |
| Shareholder Manager | NONE | ShareholderManagerNm |
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | BRADLEY S SMITH PRESIDENT | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1000 LAKESIDE AVE E | AddressLine1Txt |
| City | CLEVELAND | CityNm |
| State Abbreviation | OH | StateAbbreviationCd |
| ZIP | 44114 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 2168756500 | RecipientPhoneNum |
| Form And Info And Materials | NONE | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | NONE | SubmissionDeadlinesTxt |
| Restrictions On Awards | NONE | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SEE ATTACHED LISTING OF GRANTS PAID (STMT 14) | BusinessNameLine1Txt |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1000 LAKESIDE AVE E | AddressLine1Txt |
| City | CLEVELAND | CityNm |
| State Abbreviation | OH | StateAbbreviationCd |
| ZIP | 44114 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Or Contribution Purpose | ALL CONTRIBUTIONS WERE MADE TO ORGANIZATIONS WHOSE PRIMARY ACTIVITIES ARE CHARITABLE, RELIGIOUS, OR EDUCATIONAL IN NATURE. | GrantOrContributionPurposeTxt |
| Amt | $2,898,666 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $2,898,666 | TotalGrantOrContriPdDurYrAmt |
Grant Or Contri Apprv For Fut GrantOrContriApprvForFutGrp
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SEE ATTACHED LISTING OF GRANTS APPROVED (STMT 15) | BusinessNameLine1Txt |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1000 LAKESIDE AVE E | AddressLine1Txt |
| City | CLEVELAND | CityNm |
| State Abbreviation | OH | StateAbbreviationCd |
| ZIP | 44114 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Or Contribution Purpose | ALL CONTRIBUTIONS WERE MADE TO ORGANIZATIONS WHOSE PRIMARY ACTIVITIES ARE CHARITABLE, RELIGIOUS, OR EDUCATIONAL IN NATURE. | GrantOrContributionPurposeTxt |
| Amt | $1,546,686 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Apprv Fut | $1,546,686 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fees Contracts From Govt Ag | FeesContractsFromGovtAgGrp | |
| Membership Dues And Assmnt | MembershipDuesAndAssmntGrp |
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $486,735 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $853,301 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Rntl Incm Re Debt Fincd Prop | NetRntlIncmReDebtFincdPropGrp | |
| Net Rntl Incm Re Not Debt Fincd Prop | NetRntlIncmReNotDebtFincdProp | |
| Net Rental Income Personal Prop | NetRentalIncomePersonalPropGrp |
Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $43,754 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $18,399,888 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | RENTAL INCOME (LOSS) FROM PARTNERSHIPS | Desc |
| Exclusion | 14 | ExclusionCd |
| Exclusion | -$218,666 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $19,565,012 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $19,565,012 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
All Oth Prog Rltd Investments Sch AllOthProgRltdInvestmentsSch
All Other Program Related Invst AllOtherProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | NONE | Desc |
Depreciation Schedule DepreciationSchedule
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (14 entries)
| Category Or ItemCategoryOrItemTxt | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| PARTNERSHIP INTERESTS | $0 | $0 |
| CHESTER CAPITAL | $4,667,771 | $4,667,771 |
| EUCLID PARTNERS | $142,470 | $142,470 |
| FOUNDATION INVESTMENTS OF OHIO | $79,707,096 | $42,971,230 |
| LAKESIDE PARTNERS I | $1,093,291 | $1,093,291 |
| SIMON CHARITABLE PRIVATE | $50,561,361 | $46,420,437 |
| FIO P.E. | $1,568,899 | $1,111,962 |
| FIO R.E. | $275,002 | $195,148 |
| PIMCO SHORT-TERM | $4,574 | $4,574 |
| VANGUARD SHORT-TERM | $3,011,920 | $3,011,920 |
| COLONY INVESTORS IV | $208 | $208 |
| LANDMARK CO-INVESTMENT PTNR IX | $38,226 | $38,226 |
| LONE STAR FUND III | $6,946 | $6,946 |
| SCULPTOR PARTNERS OFFSHORE | $52 | $52 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail (2 entries)
| DescDesc | AmtAmt |
|---|---|
| NONDEDUCTIBLE EXPENSES | $8,872 |
| BOOK/TAX DIFFERENCES | $18,010,032 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (4 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| PSHIP PORTFOLIO DEDUCTIONS | $122,110 | $122,110 | $122,110 | |
| TRUSTEE FEES | $447,669 | $447,669 | $447,669 | |
| OTHER PARTNERSHIP DEDUCTIONS | $125,884 | $125,884 | $125,884 | |
| MISCELLANEOUS EXPENSES | $1,007,999 | $1,007,999 | $1,007,999 | $4,671 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (6 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| ORDINARY INCOME (LOSS) FROM PARTNERSHIPS | -$93,522 | -$93,522 | -$93,522 |
| OTHER INCOME (LOSS) FROM PARTNERSHIPS | $109,817 | $109,817 | $109,817 |
| RENTAL INCOME (LOSS) FROM PARTNERSHIPS | -$218,666 | -$218,666 | -$218,666 |
| OTHER PORTFOLIO INCOME FROM PARTNERSHIPS | $14,116 | $14,116 | $14,116 |
| ROYALTY INCOME (LOSS) FROM PARTNERSHIPS | $13,343 | $13,343 | $13,343 |
| ADJUST FOR UBTI - NOT TAXABLE | -$955,050 | -$955,050 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail (2 entries)
| DescDesc | AmtAmt |
|---|---|
| UNREALIZED GAINS/LOSSES | $26,525,877 |
| TAX-EXEMPT INCOME | $43,601 |
Reduction Explanation Statement ReductionExplanationStatement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Short Explanation | AVG FMV FOUNDATION INVESTMENTS OF OHIO 64,118,931 DISCOUNTED VALUE - FOUNDATION INVESTMENTS OF OHIO -28,053,010 AVG FMV OF SIMON CHARITABLE PRIVATE LLC 44,007,162 DISCOUNTED VALUE - SIMON CHARITABLE PRIVATE LLC -4,411,562 AVG FMV OF FIO P.E. LLC 71,867 DISCOUNTED VALUE - FIO P.E. LLC -20,882 AVG FMV OF FIO R.E. LLC 83,334 DISCOUNTED VALUE - FIO R.E. LLC -24,205 FIO, SCP, FIO P.E., AND FIO R.E. DISCOUNTED FOR ILLIQUIDITY, RESTRICTIONS ANDA LACK OF MARKETABILITY BASED ON VALUATIONS. | ShortExplanationTxt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| FOREIGN TAXES THRU PARTNERSHIP | $43,350 | $43,350 | $43,350 |
| FEDERAL & STATE UBTI TAXES | $142,283 |
Comments