EGL CHARITABLE FOUNDATION: Form 990PF, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- EGL CHARITABLE FOUNDATION (EIN 27-3667312)
- Tax period
- 2020-09-01 to 2021-08-31
- Filed
- 2022-04-12
- IRS object ID
- 202231029349100033
- Schema version
- 2020v4.0
- 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
- Form 990-PF
- Accounting Fees Schedule
- Investments Other Schedule2
- Legal Fees Schedule
- Other Assets Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-04-12T15:07:59-07:00 | ReturnTs |
| Tax Period End | 2021-08-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 650620269 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SMITH & ELKIN CPAS PA | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4601 MILITARY TRAIL STE 201 | AddressLine1Txt |
| City | JUPITER | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33458 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2020-09-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 273667312 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | EGL Charitable Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | EGLC | BusinessNameControlTxt |
| Phone | 2124464268 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | C/O Gruss Co 40 W 57th Street 1440 | AddressLine1Txt |
| City | New York | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10019 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | TINA GUBERMAN | PersonNm |
| Person Title | SECR & TREAS | PersonTitleTxt |
| Phone | 2126763216 | PhoneNum |
| Signature | 2022-04-12 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | TINA | PersonFirstNm |
| Person Last | GUBERMAN | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Scott Elkin | PreparerPersonNm |
| PTIN | P00087099 | PTIN |
| Phone | 5617752134 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Federated Assurance Level | FAL1 | FederatedAssuranceLevelCd |
| 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) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $192,542,389 | 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 | $9 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $9 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $1,858,955 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $1,858,955 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $11,222,727 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $14,969,367 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $11,222,727 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $951,353 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $891,210 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $14,033,044 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $13,972,901 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $436,347 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $218,173 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $218,173 | CompOfcrDirTrstDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $1,560 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $780 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $780 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $17,625 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $8,813 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $8,812 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $572,979 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $572,979 | OtherProfFeesNetInvstIncmAmt |
| Taxes Rev And Expnss | $168,421 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $61,189 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $8,230 | TaxesDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $3,381 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $3,381 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $928,425 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $667,675 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $260,750 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $2,128,738 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $1,529,609 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $500,126 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $8,532,569 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $8,532,569 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $10,661,307 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $1,529,609 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $9,032,695 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $3,371,737 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $12,443,292 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $2,620,691 | CashBOYAmt |
| Cash EOY | $8,692,630 | CashEOYAmt |
| Cash EOYFMV | $8,692,630 | CashEOYFMVAmt |
| Other Investments BOY | $135,205,395 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $132,434,685 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $183,810,531 | OtherInvestmentsEOYFMVAmt |
| Other Assets BOY | $2,245 | OtherAssetsBOYAmt |
| Other Assets EOY | $39,228 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $39,228 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $137,828,331 | TotalAssetsBOYAmt |
| Total Assets EOY | $141,166,543 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $192,542,389 | TotalAssetsEOYFMVAmt |
| Other Liabilities BOY | $36,709 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $35,161 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $36,709 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $35,161 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $137,791,622 | RetainedEarningBOYAmt |
| Retained Earning EOY | $141,131,382 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $137,791,622 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $141,131,382 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $137,828,331 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $141,166,543 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $137,791,622 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $3,371,737 | ExcessRevenueOverExpensesAmt |
| Subtotal | $141,163,359 | SubtotalAmt |
| Other Decreases | $31,977 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $141,131,382 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (31 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | Gross Sales PriceGrossSalesPriceAmt |
|---|---|---|---|---|---|---|---|
| K-1 ORBIMED | P | 2021-01-01 | 2021-08-31 | $3,474 | -$3,474 | -$3,474 | |
| K-1 ORBIMED | P | 2001-01-01 | 2021-08-31 | $136,802 | -$136,802 | -$136,802 | |
| K-1 FIR TREE | P | 2001-01-01 | 2021-08-31 | $330,663 | -$330,663 | -$330,663 | |
| K-1 VARDE FUND XI | P | 2021-01-01 | 2021-08-31 | $6,589 | -$6,589 | -$6,589 | |
| K-1 VARDE FUND XI | P | 2001-01-01 | 2021-08-31 | $128,993 | -$128,993 | -$128,993 | |
| K-1 WGI EMERGING MKTS | P | 2021-01-01 | 2021-08-31 | $30,518 | -$30,518 | -$30,518 | |
| K-1 WGI EMERGING MKTS | P | 2001-01-01 | 2021-08-31 | $254,385 | $254,385 | $254,385 | |
| K-1 LONE CASCADE | P | 2021-01-01 | 2021-08-31 | $364,813 | $364,813 | $364,813 | |
| K-1 LONE CASCADE | P | 2001-01-01 | 2021-08-31 | $660,432 | $660,432 | $660,432 | |
| K-1 LONE CASCADE | P | 2021-01-01 | 2021-08-31 | $516,423 | $516,423 | $516,423 | |
| K-1 LONE CASCADE | P | 2001-01-01 | 2021-08-31 | $854,991 | $854,991 | $854,991 | |
| K-1 LONE CASCADE | P | 2021-01-01 | 2021-08-31 | $964,087 | $964,087 | $964,087 | |
| K-1 LONE CASCADE | P | 2001-01-01 | 2021-08-31 | $1,779,144 | $1,779,144 | $1,779,144 | |
| K-1 GENERATION IM GLOBAL | P | 2021-01-01 | 2021-08-31 | $416,857 | $416,857 | $416,857 | |
| K-1 GENERATION IM GLOBAL | P | 2001-01-01 | 2021-08-31 | $1,446,004 | $1,446,004 | $1,446,004 | |
| K-1 ORBIMED ISRAEL II | P | 2021-01-01 | 2021-08-31 | $273 | -$273 | -$273 | |
| K-1 ORBIMED ISRAEL II | P | 2001-01-01 | 2021-08-31 | $159,960 | $159,960 | $159,960 | |
| K-1 VARDE FUND XIII | P | 2021-01-01 | 2021-08-31 | $109,195 | $109,195 | $109,195 | |
| K-1 VARDE FUND XIII | P | 2001-01-01 | 2021-08-31 | $24,438 | $24,438 | $24,438 | |
| K-1 FINEPOINT CAPITAL | P | 2021-01-01 | 2021-08-31 | $173,282 | $173,282 | $173,282 | |
| K-1 FINEPOINT CAPITAL | P | 2001-01-01 | 2021-08-31 | $73,364 | $73,364 | $73,364 | |
| CHARLES SCHWAB STCG | P | 2021-01-01 | 2021-08-31 | $586,674 | $223,624 | $223,624 | $810,298 |
| CHARLES SCHWAB LTCG | P | 2001-01-01 | 2021-08-31 | $2,327,240 | $1,608,944 | $1,608,944 | $3,936,184 |
| JP MORGAN CHASE STCG | P | 2021-01-01 | 2021-08-31 | $76 | $76 | $76 | |
| JP MORGAN CHASE LTCG | P | 2001-01-01 | 2021-08-31 | $191,039 | $191,039 | $191,039 | |
| FIR TREE BASIS DISTRIBUTION | P | 2001-01-01 | 2021-08-31 | $340,804 | $340,804 | $340,804 | |
| PERRY PARNTERS PFIC | P | 2001-01-01 | 2021-08-31 | $189,732 | -$66,013 | -$66,013 | $123,719 |
| ETON PARK PFIC | P | 2001-01-01 | 2021-08-31 | $5,682 | -$1,255 | -$1,255 | $4,427 |
| ORBIMED DISTBASIS | P | 2001-01-01 | 2021-08-31 | $1,408,661 | $1,408,661 | $1,408,661 | |
| CENTERBRIDGE PFIC | P | 2001-01-01 | 2021-08-31 | $221,088 | $221,088 | $221,088 | |
| HOUND OFFSHORE PFIC | P | 2001-01-01 | 2021-08-31 | $135,696 | $135,696 | $135,696 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $11,222,727 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $172,962 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $172,962 | SubtotalAmt |
| Tax Based On Investment Income | $172,962 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $129,565 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $100,000 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $229,565 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $961 | EsPenaltyAmt |
| Overpayment | $55,642 | OverpaymentAmt |
| Applied To ES Tax | $55,642 | 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 | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | NY | OrgReportOrRegisterStateCd |
| 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 | Evelyn G Lipper | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2124464268 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | C/O Gruss Co 40 W 57th St 1440 | AddressLine1Txt |
| City | NY | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10019 | 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 | Yes (true) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| 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 (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt |
|---|---|---|---|---|---|---|---|
| EVELYN LIPPER | |||||||
| C/O Gruss Co 40 W 57th St | NEW YORK | NY | 10019 | President | 6.00 | $0 | |
| TINA GUBERMAN | |||||||
| C/O Gruss Co 40 W 57th St | NEW YORK | NY | 10019 | SECR & TREAS | 6.00 | $92,009 | |
| DANIELLA LIPPER COULES | |||||||
| C/O GRUSS CO 40 W 57TH ST | NEW YORK | NY | 10019 | Executive Dir. | 30.00 | $300,000 | $44,338 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $175,621,975 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $5,147,204 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $180,769,179 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Adjusted Total FMV Of Unused Ast | $180,769,179 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $2,711,538 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $178,057,641 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $8,902,882 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $8,902,882 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $172,962 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $172,962 | TotalTaxAmt |
| Distributable Before Adj | $8,729,920 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $8,729,920 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $8,729,920 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $9,032,695 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $9,032,695 | QualifyingDistributionsAmt |
| Adjusted Qualifying Distri | $9,032,695 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $8,729,920 | DistributableAsAdjustedAmt |
| Excess Distribution Cyov Yr2 | $1,489,542 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $3,544,481 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $5,034,023 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $9,032,695 | QualifyingDistributionsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $8,729,920 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $302,775 | RemainingDistriFromCorpusAmt |
| Total Corpus | $5,336,798 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $5,336,798 | ExcessDistriCyovToNextYrAmt |
| Excess From Year2 | $1,489,542 | ExcessFromYear2Amt |
| Excess From Year1 | $3,544,481 | ExcessFromYear1Amt |
| Excess From Current Year | $302,775 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | EVELYN LIPPER | ContributingManagerNm |
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | EGL Charitable Foundation | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | C/O Gruss Co 40 W 57th Street 1440 | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10019 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 2124464268 | RecipientPhoneNum |
| Recipient Email Address | rh@gruss.com | RecipientEmailAddressTxt |
| Form And Info And Materials | Letter giving background of charity, the amount of grant requested and the proposed use of the funds. | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | none | SubmissionDeadlinesTxt |
| Restrictions On Awards | Generally limited to Jewish charities. | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (18 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line1RecipientForeignAddress/AddressLine1Txt | CityRecipientForeignAddress/CityNm | Province Or StateRecipientForeignAddress/ProvinceOrStateNm | CountryRecipientForeignAddress/CountryCd | Foreign PostalRecipientForeignAddress/ForeignPostalCd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| REACH OUT AND READ | ||||||||||||
| 105 W 86TH STREET 330 | NEW YORK | NY | 10024 | NONE | N/A | GENERAL SUPPORT | $500 | |||||
| JEWISH COMMUNAL FUND | ||||||||||||
| 575 MADISON AVE STE 703 | NEW YORK | NY | 10022 | NONE | N/A | GENERAL SUPPORT | $2,750,000 | |||||
| CENTER FOR INITIATIVES IN JEWISH ED | ||||||||||||
| 45 BROADWAY SUITE 3050 | NEW YORK | NY | 10006 | NONE | N/A | FELLOWSHIP | $550,000 | |||||
| CONGREGATION B'NAI JESHURUN | ||||||||||||
| 270 WEST 89TH STREET | NEW YORK | NY | 10024 | NONE | N/A | GENERAL SUPPORT | $1,355,558 | |||||
| MASSACHUSETTS GENERAL HOSPITAL | ||||||||||||
| 125 NASHUA STREET SUITE 540 | BOSTON | MA | 02114 | NONE | N/A | GENERAL SUPPORT | $604,912 | |||||
| PARDES INSTITUTE OF JEWISH STUDIES | ||||||||||||
| 5 WEST 37TH STREET SUITE 802 | NEW YORK | NY | 10018 | NONE | N/A | GENERAL SUPPORT | $100,000 | |||||
| ISRAEL GUIDE DOG CENTER | ||||||||||||
| 968 EASTON ROAD SUITE H | WARRINGTON | PA | 18976 | NONE | N/A | GENERAL SUPPORT | $150,000 | |||||
| GOSHEN - THE HARUV INSTITUTE | ||||||||||||
| NONE | N/A | GENERAL SUPPORT | $1,000,000 | THE HEBREW UNIVERSITY MT SCOPUS | JERUSALEM | JERUSALEM | IS | 9765418 | ||||
| THE ROCKEFELLER UNIVERSITY | ||||||||||||
| 1230 YORK AVENUE | NEW YORK | NY | 10065 | NONE | N/A | GENERAL SUPPORT | $77,444 | |||||
| STANDFORD UNIVERSITY | ||||||||||||
| 450 JANE STANFORD WAY | STANFORD | CA | 94305 | NONE | N/A | GENERAL SUPPORT | $226,914 | |||||
| UNIVERSITY OF CALIFORNIA | ||||||||||||
| UCLA - BOX 957089 1125 MURPHY HALL | LOS ANGELES | CA | 90095 | NONE | N/A | GENERAL SUPPORT | $101,080 | |||||
| JOWMA | ||||||||||||
| 128 BOULEVARD APT 17 | PASSAIC | NJ | 07055 | NONE | N/A | GENERAL SUPPORT | $284,500 | |||||
| CHEVRA HATZALAH | ||||||||||||
| 1070 MCDONALD AVENUE | BROOKLYN | NY | 11230 | NONE | N/A | GENERAL SUPPORT | $200,000 | |||||
| CITY MEALS ON WHEELS | ||||||||||||
| 355 LEXINGTON AVENUE | NEW YORK | NY | 10017 | NONE | N/A | GENERAL SUPPORT | $200,000 | |||||
| HARVARD MEDICAL SCHOOL | ||||||||||||
| 25 SHATTUCK STREET | BOSTON | MA | 02115 | NONE | N/A | GENERAL SUPPORT | $796,486 | |||||
| MET COUNCIL | ||||||||||||
| 77 WATER STREET 26TH FLOOR | NEW YORK | NY | 10005 | NONE | N/A | GENERAL SUPPORT | $55,000 | |||||
| UJA FEDERATION OF NEW YORK | ||||||||||||
| 130 EAST 59TH STREET | NEW YORK | NY | 10022 | NONE | N/A | GENERAL SUPPORT | $5,000 | |||||
| WHITEHEAD INSTITUTE | ||||||||||||
| 455 MAIN STREET | CAMBRIDGE | MA | 02142 | NONE | N/A | GENERAL SUPPORT | $75,175 | |||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $8,532,569 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $9 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $1,858,955 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $11,222,727 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp (13 entries)
| DescDesc | BusinessBusinessCd | ExclusionExclusionCd | ExclusionExclusionAmt |
|---|---|---|---|
| K-1 FINEPOINT CAP - ORDIN INC | 900099 | 14 | -$2,186 |
| K-1 GENERATION IM-PORTFOL | 900099 | 14 | -$15,489 |
| K-1 GRUSS DV MASTER FUND | 900099 | 14 | |
| K-1 LONE CASC .02997%-ORD IN | 900099 | 14 | -$1,118 |
| K-1 LONE CASC .040833%-ORD IN | 900099 | 14 | -$1,649 |
| K-1 LONE CASC .080341%-ORD IN | 900099 | 14 | -$2,923 |
| K-1 ORBIMED II - ORDIN INC | 900099 | 14 | $41 |
| K-1 VARDE XII | 900099 | 14 | |
| K-1 VARDE XIII- ORDIN INC | 900099 | 14 | -$40,524 |
| K-1 VARDE XI-ORDINARY INC | 900099 | 14 | -$2,852 |
| K-1 WGI EMERGING-PORT INC | 900099 | 14 | -$2,447 |
| PFIC DIV HCP FUND IV CAYM | 900099 | 14 | $1,020,000 |
| TAX EXEMPT INT ON K-1 | 14 | $500 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $14,033,044 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $14,033,044 | 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 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | TAX FEES | CategoryTxt |
| Amt | $17,625 | Amt |
| Net Investment Income | $8,813 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $8,812 | DisbursementsCharitablePrpsAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (26 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | EOYFMVEOYFMVAmt | Book ValueBookValueAmt |
|---|---|---|---|
| ORBIMED ISRAEL PARTNERS LP (K-1) | AT COST | $919,381 | |
| STEADFAST INT'L LTD -- PFIC | AT COST | $9,423,251 | $4,560,333 |
| FCOI II-- PFIC | AT COST | $9,142,875 | $5,289,856 |
| PERRY PARTNERS INT'L INC-- PFIC | AT COST | $3,105 | |
| GRUSS OFFSHORE ARB FUND-- K-1 | AT COST | $43,742 | $94,706 |
| GENERATION IM GLOBAL (K-1) | AT COST | $23,821,516 | $15,794,831 |
| FIR TREE INT'L VALUE FUND LTD (K-1) | AT COST | ||
| GRUSS GLOBAL ENH/GRUSS DV FUND-- PFIC | AT COST | $49,522 | |
| HCP FUND IV CAYMAN LP --PFIC | AT COST | $1,972,803 | $2,211,928 |
| LONE CASCADE LP (K-1) | AT COST | $27,157,294 | $15,673,505 |
| WGI EMERGING MARKETS (K-1) | AT COST | $12,397,033 | $9,769,596 |
| VARDE FUND XI (B) FEEDER (K-1) | AT COST | $867,431 | $1,244,476 |
| ETON PARK FUND LTD-- PFIC | AT COST | $2,852 | $3,660 |
| SCHWAB SELECT EQUITY (BROKERAGE) | AT COST | $13,197,778 | $9,261,690 |
| MARKET VALUE COST CONTRIB (CAPE REMAIN | AT COST | $653,271 | |
| CENTERBRIDGE CR PRTNRS -- PFIC | AT COST | $13,283 | $13,284 |
| HOUND PARTNERS OFL -- PFIC | AT COST | ||
| CEVIAN CAPITAL II LTD-- PFIC | AT COST | $14,227,885 | $9,000,000 |
| ORBIMED PARTNERS LTD-- PFIC | AT COST | $4,990,440 | $6,000,000 |
| JP MORGAN | AT COST | $48,111,846 | $37,602,362 |
| VARDE FUND X11 B LP | AT COST | $1,928,632 | $1,897,844 |
| ORBIMED ISRAEL PARTNERS II LP | AT COST | $807,377 | $632,183 |
| VARDE FUND XIII B | AT COST | $1,564,186 | $1,375,019 |
| EMPYREAN CAPITAL LTD | AT COST | $7,276,671 | $6,000,000 |
| FINEPOINT CAPITAL II | AT COST | $5,931,635 | $5,306,619 |
| RIVERVIEW STRAT OPPTY III | AT COST | $9,515 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | CategoryTxt |
| Legal Fees | $1,560 | LegalFeesAmt |
| Net Investment Income | $780 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $780 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER ASSETS | Desc |
| BOY Book Value | $2,244 | BOYBookValueAmt |
| EOY Book Value | $39,228 | EOYBookValueAmt |
| EOYFMV | $39,228 | EOYFMVAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PRIOR UNREALIZED GAINS RECOGNIZED | Desc |
| Amt | $31,977 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (19 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| ADVERTISING FOR FELLOWSHIPS | $259,517 | $259,517 | |
| BANK SERVICE CHARGES | $330 | $330 | |
| GCO ADMINISTRATIVE FEES | $113,640 | $113,640 | |
| MEALS | $989 | $890 | $99 |
| OFFICE/POSTAGE | $25 | $13 | $12 |
| PORTFOLIO EXP- GENERATION IM K-1 | $148,457 | $148,457 | |
| PORTFOLIO EXP- GRUSS ARBITRAGE K-1 | $3,156 | $3,156 | |
| PORTFOLIO EXP- GRUSS ARBITRAGE K-1 | $3,559 | $3,559 | |
| PORTFOLIO EXP- LONE CASCADE K-1 | $106,107 | $106,107 | |
| PORTFOLIO EXP- LONE CASCADE K-1 | $110,543 | $110,543 | |
| PORTFOLIO EXP- LONE CASCADE K-1 | $42,307 | $42,307 | |
| PORTFOLIO EXP- ORBIMED ISRAEL K-1 | $12,084 | $12,084 | |
| PORTFOLIO EXP- ORBIMED ISRAEL K-1 | $21,286 | $21,286 | |
| PORTFOLIO EXP- VARDE XI B FEEDER K-1 | $17,812 | $17,812 | |
| PORTFOLIO EXP- VARDE XII | -$5,598 | -$5,598 | |
| PORTFOLIO EXP- VARDE XIII | $36,117 | $36,117 | |
| PORTFOLIO EXP- WGI EMERGING MKTS K-1 | $1,495 | $1,495 | |
| PORTFOLIO EXP-FINEPOINT CAPITAL | $41,070 | $41,070 | |
| PORTFOLIO EXP-GRUSS DV MASTER FUND | $15,529 | $15,529 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (11 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| K-1 FINEPOINT CAP - ORDIN INC | -$2,186 | -$2,186 |
| K-1 GENERATION IM-PORTFOL | -$15,489 | -$15,489 |
| K-1 LONE CASC .02997%-ORD IN | -$1,118 | -$1,118 |
| K-1 LONE CASC .040833%-ORD IN | -$1,649 | -$1,649 |
| K-1 LONE CASC .080341%-ORD IN | -$2,923 | -$2,923 |
| K-1 ORBIMED II - ORDIN INC | $41 | $41 |
| K-1 VARDE XIII- ORDIN INC | -$40,524 | -$103,590 |
| K-1 VARDE XI-ORDINARY INC | -$2,852 | $571 |
| K-1 WGI EMERGING-PORT INC | -$2,447 | -$2,447 |
| PFIC DIV HCP FUND IV CAYM | $1,020,000 | $1,020,000 |
| TAX EXEMPT INT ON K-1 | $500 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail (2 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt |
|---|---|---|
| due to gruss & co | $36,147 | $34,183 |
| due to employee ins | $562 | $978 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (4 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| CUSTODY FEES | $5,317 | $5,317 | $0 | $0 |
| MANAGEMENT FEE - HALL PARTNERS | $321,615 | $321,615 | $0 | $0 |
| MANAGEMENT FEE - SELECT EQUITY | $140,913 | $140,913 | $0 | $0 |
| MGMT FEE WGI EMERGING | $105,134 | $105,134 | $0 | $0 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (12 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| FEDERAL TAXES | $99,002 | ||
| FOREIGN TAXES- GENERATION IM GLOBAL K-1 | $7,156 | $7,156 | |
| FOREIGN TAXES- LONE CASCADE K-1 | $1,079 | $1,079 | |
| FOREIGN TAXES- LONE CASCADE K-1 | $411 | $411 | |
| FOREIGN TAXES- LONE CASCADE K-1 | $598 | $598 | |
| FOREIGN TAXES- VARDE FUND XI K-1 | $4,302 | $4,302 | |
| FOREIGN TAXES- WGI K-1 | $33,196 | $33,196 | |
| FOREIGN TAXES-FINEPOINT CAPITAL K-1 | $6,170 | $6,170 | |
| FOREIGN TAXES-VARDE XIII K-1 | $675 | $675 | |
| NY TAX PAYMENT | $1,000 | $1,000 | |
| PAYROLL TAXES | $13,204 | $6,602 | $6,602 |
| STATE FILING FEES | $1,628 | $1,628 |
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