LBRB FUND INC: Form 990PF, tax year 2021

View the entire original 990 at ProPublica ↗

Organization
LBRB FUND INC (EIN 83-3127396)
Tax period
2021-01-01 to 2021-12-31
Filed
2022-09-07
IRS object ID
202232509349100023
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)
Return2022-09-07T12:44:06-07:00ReturnTs
Tax Period End2021-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN223572809PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Alperin Nebbia & Associates CPA PABusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1375 Passaic Avenue Suite 200AddressLine1Txt
CityFairfieldCityNm
State AbbreviationNJStateAbbreviationCd
ZIP07004ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2021-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN833127396EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1LBRB Fund IncBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlLBRBBusinessNameControlTxt
Phone9738088801PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1c/o Alperin Nebbia 375 Passaic AveAddressLine1Txt
CityFairfieldCityNm
State AbbreviationNJStateAbbreviationCd
ZIP07004ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonFareed ZakariaPersonNm
Person TitleTrusteePersonTitleTxt
Signature2022-09-07SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstFareedPersonFirstNm
Person LastZakariaPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonSteven J AlperinPreparerPersonNm
PTINP00108095PTIN
Phone9738088801PhoneNum

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$8,364,246FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$1,062,742ContriRcvdRevAndExpnssAmt
Dividends Rev And Expnss$100,913DividendsRevAndExpnssAmt
Dividends Net Invst Incm$100,913DividendsNetInvstIncmAmt
Dividends Adj Net Incm$100,913DividendsAdjNetIncmAmt
Net Gain Sale Ast Rev And Expnss$213,710NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$300,000GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$213,710CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$1,377,365TotalRevAndExpnssAmt
Total Net Invst Incm$314,623TotalNetInvstIncmAmt
Total Adj Net Incm$100,913TotalAdjNetIncmAmt
Taxes Rev And Expnss$2,059TaxesRevAndExpnssAmt
Taxes Dsbrs Chrtbl$2,059TaxesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$2,059TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$2,059TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$238,453ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$238,453ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$240,512TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$240,512TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$1,136,853ExcessRevenueOverExpensesAmt
Net Investment Income$314,623NetInvestmentIncomeAmt
Adjusted Net Income$100,913AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$2,640CashBOYAmt
Cash EOY$62,140CashEOYAmt
Cash EOYFMV$62,140CashEOYFMVAmt
Other Investments BOY$5,816,330OtherInvestmentsBOYAmt
Other Investments EOY$8,302,106OtherInvestmentsEOYAmt
Other Investments EOYFMV$8,302,106OtherInvestmentsEOYFMVAmt
Total Assets BOY$5,818,970TotalAssetsBOYAmt
Total Assets EOY$8,364,246TotalAssetsEOYAmt
Total Assets EOYFMV$8,364,246TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY$5,818,970NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY$8,364,246NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY$5,818,970TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$8,364,246TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$5,818,970TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$8,364,246TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$5,818,970TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$1,136,853ExcessRevenueOverExpensesAmt
Other Increases$1,408,423OtherIncreasesAmt
Subtotal$8,364,246SubtotalAmt
Tot Net Ast Or Fund Balances EOY$8,364,246TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp

FieldValueIRS element (for citing)
PropertyCharles Schwab - Sch AvailPropertyDesc
How AcquiredPHowAcquiredCd
Acquired2005-04-11AcquiredDt
Sold2021-12-31SoldDt
Gross Sales Price$300,000GrossSalesPriceAmt
Cost Or Other Basis$86,290CostOrOtherBasisAmt
Gain Or Loss$213,710GainOrLossAmt
Gains Minus Excess Or Losses$213,710GainsMinusExcessOrLossesAmt
FieldValueIRS element (for citing)
Capital Gain Net Income$213,710CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$4,373InvestmentIncomeExciseTaxAmt
Subtotal$4,373SubtotalAmt
Tax Based On Investment Income$4,373TaxBasedOnInvestmentIncomeAmt
Tax Due$4,373TaxDueAmt
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 SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateDEOrgReportOrRegisterStateCd
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 Line1Steven AlperinBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone9738088801PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1375 Passaic AvenueAddressLine1Txt
CityFairfieldCityNm
State AbbreviationNJStateAbbreviationCd
ZIP07004ZIPCd
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
Fareed Zakaria
375 Passaic AvenueFairfieldNJ07004Pres & Director0.50$0
Andrew Berman
375 Passaic AvenueFairfieldNJ07004Treas & Directo0.50$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$7,539,582AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$0AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$7,539,582TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$7,539,582AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$113,094CashDeemedCharitableAmt
Net Vl Noncharitable Assets$7,426,488NetVlNoncharitableAssetsAmt
Minimum Investment Return$371,324MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$371,324MinimumInvestmentReturnAmt
Tax Based On Investment Income$4,373TaxBasedOnInvestmentIncomeAmt
Total Tax$4,373TotalTaxAmt
Distributable Before Adj$366,951DistributableBeforeAdjAmt
Distributable Before Ded$366,951DistributableBeforeDedAmt
Distributable As Adjusted$366,951DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$240,512ExpensesAndContributionsAmt
Qualifying Distributions$240,512QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$366,951DistributableAsAdjustedAmt
Undistributed Income PY$220,272UndistributedIncomePYAmt
Qualifying Distributions$240,512QualifyingDistributionsAmt
Applied To Year1$220,272AppliedToYear1Amt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$20,240AppliedToCurrentYearAmt
Undistributed Income CY$346,711UndistributedIncomeCYAmt

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 Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
Equal Justice Initiative
122 Commerce StreetMontgomeryAL36104PCExclusively charitable, religious, educational, literary and scientific purposes$20,000
Int'l Rescue Committee
PO Box 6068Albert LeaMN56007PCExclusively charitable, religious, educational, literary and scientific purposes$30,000
Sheldrick Wildlife Trust
25283 Cabot Rd Suite 101Laguna HillsCA92653PCExclusively charitable, religious, educational, literary and scientific purposes$20,000
Wildlife Conservation
2300 Southern BoulevardBronxNY10460PCExclusively charitable, religious, educational, literary and scientific purposes$20,000
Animal Friendly
562 Camp Horne RoadPittsburghPA15237PCExclusively charitable, religious, educational, literary and scientific purposes$500
America Near East Refugee
1111 14th Street NWWashingtonDC20005PCExclusively charitable, religious, educational, literary and scientific purposes$10,000
Doctors without Border
40 Rector StreetNew YorkNY10006PCExclusively charitable, religious, educational, literary and scientific purposes$10,000
Dorot Inc
171 W 85th StreetNew YorkNY10024PCExclusively charitable, religious, educational, literary and scientific purposes$10,000
Double Up Drive
304 S Jones BlvdLas VegasNV89107PCExclusively charitable, religious, educational, literary and scientific purposes$10,000
Foundation Rwanda
71 Nassau StreetNew YorkNY10038PCExclusively charitable, religious, educational, literary and scientific purposes$11,000
Give NY
1732 1st AvenueNew YorkNY10128PCExclusively charitable, religious, educational, literary and scientific purposes$20,000
National Ovarian Cancer
12221 Merit DriveDallasTX75251PCExclusively charitable, religious, educational, literary and scientific purposes$10,000
OcrahopeOrg
14 Pennsylvania PlazaNew YorkNY10122PCExclusively charitable, religious, educational, literary and scientific purposes$10,000
Partners in Health
150 State StreetBrewerME04412PCExclusively charitable, religious, educational, literary and scientific purposes$10,453
PTA Bard High
525 E Houston StreetNew YorkNY10002PCExclusively charitable, religious, educational, literary and scientific purposes$1,500
WCS Online Donations
2300 Southern BlvdBronxNY10460PCExclusively charitable, religious, educational, literary and scientific purposes$10,000
Wild Animal Initiative
PO Box 7480MinneapolisMN55407PCExclusively charitable, religious, educational, literary and scientific purposes$20,000
World Jewish Congress
PO Box 70343PhiladelphiaPA19176PCExclusively charitable, religious, educational, literary and scientific purposes$10,000
Leukemia Lymphoma Society
3 International DriveRye BrookNY10573PCExclusively charitable, religious, educational, literary and scientific purposes$5,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$238,453TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$100,913ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$213,710RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$100,913ExclusionAmt
Related Or Exempt Function Incm$213,710RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$314,623TotalIncomeProducingActyAmt

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

Schedule B IRS990ScheduleB

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
General RuleYes (X)GeneralRuleInd

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
Contributor1ContributorNum
Contributor PersonLucy Bella Rose-Berman 2016 TrustContributorPersonNm

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1375 Passaic AvenueAddressLine1Txt
CityFairfieldCityNm
State AbbreviationNJStateAbbreviationCd
ZIP07004ZIPCd
FieldValueIRS element (for citing)
Total Contributions$1,062,742TotalContributionsAmt
Noncash ContributionYes (X)NoncashContributionInd

Non Cash Property Contribution NonCashPropertyContributionGrp

FieldValueIRS element (for citing)
Contributor1ContributorNum
Noncash PropertyVanguard Total Stock Mkt Idx Adm (11,076 shares)NoncashPropertyDesc
Fair Market Value$1,062,742FairMarketValueAmt
Received2021-01-19ReceivedDt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
Amt$2,059Amt
Disbursements Charitable Prps$2,059DisbursementsCharitablePrpsAmt

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