BETA

ROY AND RUTH SEIBEL FAM FOUNDATION: Form 990PF, tax year 2021

View the entire original 990 at ProPublica ↗

Organization
ROY AND RUTH SEIBEL FAM FOUNDATION (EIN 20-6408919)
Tax period
2021-01-01 to 2021-12-31
Filed
2022-05-13
IRS object ID
202241339349104264
Schema version
2021v4.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2022-05-13T13:27:03-07:00ReturnTs
Tax Period End2021-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN161331635PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1SEMANCHIN & WETTER LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line16245 SHERIDAN DR STE 102AddressLine1Txt
CityAMHERSTCityNm
State AbbreviationNYStateAbbreviationCd
ZIP14221ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2021-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN206408919EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1ROY AND RUTH SEIBEL FAMILY FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlROYABusinessNameControlTxt
Phone7163320297PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1401 EAST 89TH STREET APT 15BAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10128ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonSUSAN J SEIBELPersonNm
Person TitleTrusteePersonTitleTxt
Signature2022-05-13SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstSUSAN JPersonFirstNm
Person LastSEIBELPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonBARBARA S ARNOLD CPAPreparerPersonNm
PTINP00943465PTIN
Phone7166337607PhoneNum

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$1,558,120FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss$1InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$1InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$10,895DividendsRevAndExpnssAmt
Dividends Net Invst Incm$10,895DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$152,511NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$321,308GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$152,511CapGainNetIncmNetInvstIncmAmt
Other Income Rev And Expnss$112OtherIncomeRevAndExpnssAmt
Total Rev And Expnss$163,519TotalRevAndExpnssAmt
Total Net Invst Incm$163,407TotalNetInvstIncmAmt
Legal Fees Rev And Expnss$788LegalFeesRevAndExpnssAmt
Legal Fees Net Invst Incm$394LegalFeesNetInvstIncmAmt
Legal Fees Dsbrs Chrtbl$394LegalFeesDsbrsChrtblAmt
Accounting Fees Rev And Expnss$1,020AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$510AccountingFeesNetInvstIncmAmt
Accounting Fees Chrtbl Prps$510AccountingFeesChrtblPrpsAmt
Other Prof Fees Rev And Expnss$20,105OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm$20,105OtherProfFeesNetInvstIncmAmt
Taxes Rev And Expnss$825TaxesRevAndExpnssAmt
Other Expenses Rev And Expnss$295OtherExpensesRevAndExpnssAmt
Other Expenses Dsbrs Chrtbl$295OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$23,033TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$21,009TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$1,199TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$49,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$49,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$72,033TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$21,009TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$50,199TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$91,486ExcessRevenueOverExpensesAmt
Net Investment Income$142,398NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$13,150CashBOYAmt
Cash EOY$10,831CashEOYAmt
Cash EOYFMV$10,831CashEOYFMVAmt
Sav And Temp Cash Invst BOY$6,327SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$19,512SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$19,512SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY$1,208,670CorporateStockBOYAmt
Corporate Stock EOY$1,528,123CorporateStockEOYAmt
Corporate Stock EOYFMV$1,527,777CorporateStockEOYFMVAmt
Total Assets BOY$1,228,147TotalAssetsBOYAmt
Total Assets EOY$1,558,466TotalAssetsEOYAmt
Total Assets EOYFMV$1,558,120TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY$1,228,147NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY$1,558,466NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY$1,228,147TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$1,558,466TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$1,228,147TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$1,558,466TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$1,228,147TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$91,486ExcessRevenueOverExpensesAmt
Other Increases$238,833OtherIncreasesAmt
Subtotal$1,558,466SubtotalAmt
Tot Net Ast Or Fund Balances EOY$1,558,466TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (5 entries)

PropertyPropertyDescHow AcquiredHowAcquiredCdAcquiredAcquiredDtSoldSoldDtGross Sales PriceGrossSalesPriceAmtCost Or Other BasisCostOrOtherBasisAmtGain Or LossGainOrLossAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
ST COVEREDP2021-01-012021-06-30$46,686$34,697$11,989$11,989
LT COVEREDP2000-01-012021-12-31$244,607$129,656$114,951$114,951
76 SCHWAB CHARLES CORP NEW COMP2006-01-262021-09-29$5,681$1,113$4,568$4,568
109 VERISK ANALYTICS INC COMP2010-11-052021-12-31$24,279$3,331$20,948$20,948
Capital Gain Dividends$55
FieldValueIRS element (for citing)
Capital Gain Net Income$152,511CapitalGainNetIncomeAmt
Net Short Term Capital Gain Loss$11,989NetShortTermCapitalGainLossAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$1,979InvestmentIncomeExciseTaxAmt
Subtotal$1,979SubtotalAmt
Tax Based On Investment Income$1,979TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$1,348EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits$1,348TotalPaymentsAndCreditsAmt
Tax Due$631TaxDueAmt
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 StateNYOrgReportOrRegisterStateCd
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 Line1SUSAN J SEIBELBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone2127223873PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1401 E 89TH STREET APT 15BAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP101286724ZIPCd
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
SUSAN J SEIBEL
401 E 89TH STREETNEW YORKNY10128Trustee2.00$0
ROY E SEIBEL JR
PO BOX 580DAMARISCOTTAME04543Trustee1.00$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$1,397,091AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$23,514AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$1,420,605TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$1,420,605AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$21,309CashDeemedCharitableAmt
Net Vl Noncharitable Assets$1,399,296NetVlNoncharitableAssetsAmt
Minimum Investment Return$69,965MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$69,965MinimumInvestmentReturnAmt
Tax Based On Investment Income$1,979TaxBasedOnInvestmentIncomeAmt
Total Tax$1,979TotalTaxAmt
Distributable Before Adj$67,986DistributableBeforeAdjAmt
Distributable Before Ded$67,986DistributableBeforeDedAmt
Distributable As Adjusted$67,986DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$50,199ExpensesAndContributionsAmt
Qualifying Distributions$50,199QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$67,986DistributableAsAdjustedAmt
Undistributed Income PY$46,708UndistributedIncomePYAmt
Qualifying Distributions$50,199QualifyingDistributionsAmt
Applied To Year1$46,708AppliedToYear1Amt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$3,491AppliedToCurrentYearAmt
Undistributed Income CY$64,495UndistributedIncomeCYAmt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (6 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
BUFFALO OLMSTED PARKS CONSERVANCY
84 PARKSIDE AVEBUFFALONY14214NONEPCOPERATIONS$10,000
BUFFALO & ERIE COUNTY BOTANICAL GARDENS
2655 SOUTH PARK AVENUEBUFFALONY14218NONEPCOPERATIONS$25,000
FOREST LAWN HERITAGE FOUNDATION
1411 DELAWARE AVENUEBUFFALONY14209NONEPCOPERATIONS$1,500
FRIENDS OF THE NIGHT PEOPLE
394 HUDSON STREETBUFFALONY14201NONEPCOPERATIONAL$5,000
BUFFALO TORONTO PUBLIC MEDIA
HORIZONS PLAZA PO BOX 1263BUFFALONY14240NONEPCOPERATIONAL$2,500
JERSEY CITY BALLET
189 BRUNSWICK STREET THIRD FLOORJERSEY CITYNJ07302NONEPCOPERATIONAL$5,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$49,000TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$1ExclusionAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$10,895ExclusionAmt

Other Investment Income OtherInvestmentIncomeGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$112ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion$152,511ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$163,519ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$163,519TotalIncomeProducingActyAmt

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)
CategoryTAX PREPARATIONCategoryTxt
Amt$1,020Amt
Net Investment Income$510NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$510DisbursementsCharitablePrpsAmt

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp

FieldValueIRS element (for citing)
CategoryLEGAL FEESCategoryTxt
Legal Fees$788LegalFeesAmt
Net Investment Income$394NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$394DisbursementsCharitablePrpsAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
PUBLIC NOTICE$45$45
STATE FILING FEE$250$250

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail

FieldValueIRS element (for citing)
DescOther Investment IncomeDesc
Revenue And Expenses Per Books$112RevenueAndExpensesPerBooksAmt

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail

FieldValueIRS element (for citing)
DescUNREALIZED GAIN ON INVESTMENTSDesc
Amt$238,833Amt

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

FieldValueIRS element (for citing)
CategoryINVESTMENT FEESCategoryTxt
Amt$20,105Amt
Net Investment Income$20,105NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$0DisbursementsCharitablePrpsAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryFEDERAL TAXES PAIDCategoryTxt
Amt$825Amt

Comments

Anonymous: no account or email. Up to 2,000 characters, at most one link. Comments are checked automatically; some wait for review.