BWETA FAMILY FOUNDATION: Form 990PF, tax year 2021

View the entire original 990 at ProPublica ↗

Organization
BWETA FAMILY FOUNDATION (EIN 13-4020892)
Tax period
2021-01-01 to 2021-12-31
Filed
2022-10-26
IRS object ID
202222999349100412
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)
Return2022-10-26T08:12:54-07:00ReturnTs
Tax Period End2021-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN133558774PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Bernath & Rosenberg PCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11430 Broadway 7th FloorAddressLine1Txt
CityNew YorkCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10018ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2021-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN134020892EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1BWETA FAMILY FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlBWETBusinessNameControlTxt
Phone2122211140PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1C/O J EZRA 131 MERCER ST PHBAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10012ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJAMIL EZRAPersonNm
Person TitleTrusteePersonTitleTxt
Signature2022-10-26SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstJAMILPersonFirstNm
Person LastEZRAPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonBenjamin BergerPreparerPersonNm
PTINP00236799PTIN
Phone2122211140PhoneNum

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$1,240,529FMVAssetsEOYAmt
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$16,700DividendsRevAndExpnssAmt
Dividends Net Invst Incm$15,106DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$1,199NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$80,828GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$1,199CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$17,900TotalRevAndExpnssAmt
Total Net Invst Incm$16,306TotalNetInvstIncmAmt
Taxes Rev And Expnss$1,282TaxesRevAndExpnssAmt
Taxes Net Invst Incm$282TaxesNetInvstIncmAmt
Other Expenses Rev And Expnss$9,023OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$9,023OtherExpensesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss$10,305TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$9,305TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$81,070ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$81,070ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$91,375TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$9,305TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$81,070TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$73,475ExcessRevenueOverExpensesAmt
Net Investment Income$7,001NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$26,373CashBOYAmt
Cash EOY$18,926CashEOYAmt
Cash EOYFMV$18,926CashEOYFMVAmt
Sav And Temp Cash Invst BOY$1,673SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$2,290SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$2,290SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY$622,778CorporateStockBOYAmt
Corporate Stock EOY$559,420CorporateStockEOYAmt
Corporate Stock EOYFMV$1,219,313CorporateStockEOYFMVAmt
Total Assets BOY$650,824TotalAssetsBOYAmt
Total Assets EOY$580,636TotalAssetsEOYAmt
Total Assets EOYFMV$1,240,529TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Retained Earning BOY$650,824RetainedEarningBOYAmt
Retained Earning EOY$580,636RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$650,824TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$580,636TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$650,824TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$580,636TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$650,824TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$73,475ExcessRevenueOverExpensesAmt
Other Increases$3,287OtherIncreasesAmt
Subtotal$580,636SubtotalAmt
Tot Net Ast Or Fund Balances EOY$580,636TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (3 entries)

PropertyPropertyDescHow AcquiredHowAcquiredCdAcquiredAcquiredDtSoldSoldDtGross Sales PriceGrossSalesPriceAmtCost Or Other BasisCostOrOtherBasisAmtGain Or LossGainOrLossAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
LPL FINANCIALP2021-01-012021-12-31$2,576$1,989$587$587
LPL FINANCIALP2020-01-012021-12-31$76,251$77,640-$1,389-$1,389
Capital Gain Dividends$2,001
FieldValueIRS element (for citing)
Capital Gain Net Income$1,199CapitalGainNetIncomeAmt
Net Short Term Capital Gain Loss$587NetShortTermCapitalGainLossAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$97InvestmentIncomeExciseTaxAmt
Subtotal$97SubtotalAmt
Tax Based On Investment Income$97TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$884EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits$884TotalPaymentsAndCreditsAmt
Overpayment$787OverpaymentAmt
Applied To ES Tax$787AppliedToESTaxAmt

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 Line1BERNATH & ROSENBERG PCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone2122211140PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line11430 BROADWAY 7TH FLOORAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP100183308ZIPCd
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
JAMIL EZRA
131 MERCER ST PHBNEW YORKNY10012Trustee0.00$0
BENJAMIN JOSEPH EZRA
131 MERCER ST PHBNEW YORKNY10012Trustee0.00$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$1,175,561AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$7,808AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$1,183,369TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$1,183,369AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$17,751CashDeemedCharitableAmt
Net Vl Noncharitable Assets$1,165,618NetVlNoncharitableAssetsAmt
Minimum Investment Return$58,281MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$58,281MinimumInvestmentReturnAmt
Tax Based On Investment Income$97TaxBasedOnInvestmentIncomeAmt
Total Tax$97TotalTaxAmt
Distributable Before Adj$58,184DistributableBeforeAdjAmt
Distributable Before Ded$58,184DistributableBeforeDedAmt
Distributable As Adjusted$58,184DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$81,070ExpensesAndContributionsAmt
Qualifying Distributions$81,070QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$58,184DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$4,008ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$15,557ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr2$9,230ExcessDistributionCyovYr2Amt
Total Excess Distribution Cyov$28,795TotalExcessDistributionCyovAmt
Qualifying Distributions$81,070QualifyingDistributionsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$58,184AppliedToCurrentYearAmt
Remaining Distri From Corpus$22,886RemainingDistriFromCorpusAmt
Total Corpus$51,681TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$4,008ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$47,673ExcessDistriCyovToNextYrAmt
Excess From Year4$15,557ExcessFromYear4Amt
Excess From Year2$9,230ExcessFromYear2Amt
Excess From Current Year$22,886ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (8 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
VARIOUS charitable organizations
131 MERCER STNEW YORKNY10012NONEEXEMPTCHARITABLE$2,300
AMERICAN FRIENDS OF BABYLONIAN HERI
1700 YORK AVENUENEW YORKNY10128NONEEXEMPTCHARITABLE$1,800
AMERICAN SEPHARDI FEDERATIONS
15 WEST 16TH STREETNEW YORKNY10011NONEEXEMPTCHARITABLE$5,000
Babylonian Jewish Center
440 Great Neck RdGreat NeckNY11021NONEEXEMPTCHARITABLE$850
CONGREGATION BEIS DAVID
75 WILSON STBROOKLYNNY11211NONEEXEMPTCHARITABLE$720
FIDELITY CHARITABLE GIFT FUND
100 CROSBY PARKWAYCOVINGTONKY41015NONEEXEMPTCHARITABLE$50,000
chabad of north brooklyn
132 N 5th StbrooklynNY11211NONEexemptcharitable$10,000
CHABAD OF SOUTH BRONX
452 E 145th StBRONXNY10454NONEEXEMPTCHARITABLE$10,400
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$81,070TotalGrantOrContriPdDurYrAmt

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$15,106ExclusionAmt
Related Or Exempt Function Incm$1,594RelatedOrExemptFunctionIncmAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion$1,199ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$16,306ExclusionAmt
Related Or Exempt Function Incm$1,594RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$17,900TotalIncomeProducingActyAmt

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

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmt
BANK CHARGES$378$378
INVESTMENT & ADVISORY FEES$8,645$8,645

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail

FieldValueIRS element (for citing)
DescNON-DIVIDEND DISTRIBUTIONSDesc
Amt$3,287Amt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

CategoryCategoryTxtAmtAmtNet Investment IncomeNetInvestmentIncomeAmt
foreign tax$282$282
irs$1,000

Comments

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