SIEGEL FAMILY ENDOWMENT INC: Form 990PF, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- SIEGEL FAMILY ENDOWMENT INC (EIN 45-1742989)
- Tax period
- 2021-01-01 to 2021-12-31
- Filed
- 2022-11-12
- IRS object ID
- 202223169349100737
- Schema version
- 2021v4.2
- 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
- Schedule B
- Accounting Fees Schedule
- All Oth Prog Rltd Investments Sch
- Depreciation Schedule
- Expenditure Responsibility Stmt
- Investments Corp Stock Schedule
- Legal Fees Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Professional Fees Schedule
- Taxes Schedule
- Transfers To Controlled Entities
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-11-12T18:04:26-06:00 | ReturnTs |
| Tax Period End | 2021-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ERNST & YOUNG US LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 99 WOOD AVENUE SOUTH | AddressLine1Txt |
| City | ISELIN | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 08830 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2021-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 451742989 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Siegel Family Endowment | BusinessNameLine1Txt |
| Business Name Line2 | C/O LYUDMILA KOYENOVA | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % LYUDMILA KOYENOVA | InCareOfNm |
| Business Name Control | SIEG | BusinessNameControlTxt |
| Phone | 6468604789 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 100 AVENUE OF THE AMERICAS 16TH FL | AddressLine1Txt |
| City | New York | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10013 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | KATHLEEN KNIGHT | PersonNm |
| Person Title | president & Exec Dir | PersonTitleTxt |
| Phone | 6468604789 | PhoneNum |
| Signature | 2022-11-10 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | KATHLEEN | PersonFirstNm |
| Person Last | KNIGHT | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | michael sales | PreparerPersonNm |
| PTIN | P01770943 | PTIN |
| Phone | 7325164200 | PhoneNum |
| Preparation | 2022-11-09 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2021 | 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 | $415,537,771 | 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 | $3,358,785 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $55 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $55 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $31,757,897 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $353,084 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $726 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $726 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $726 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $973,307 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $50,116,555 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $36,090,770 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $50,470,420 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Legal Fees Rev And Expnss | $35,041 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $0 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $35,041 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $17,256 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $10,354 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $6,902 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $2,948,798 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $8,597 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $2,940,201 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $616,294 | TaxesRevAndExpnssAmt |
| Taxes Dsbrs Chrtbl | $145,294 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $6,373 | DeprecAndDpltnRevAndExpnssAmt |
| Trav Conf Meeting Rev And Expnss | $19,742 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $19,742 | TravConfMeetingDsbrsChrtblAmt |
| Printing And Pub Rev And Expnss | $4,440 | PrintingAndPubRevAndExpnssAmt |
| Printing And Pub Dsbrs Chrtbl | $4,440 | PrintingAndPubDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $180,122 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Dsbrs Chrtbl | $180,122 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $3,828,066 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $18,951 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $3,331,742 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $24,452,401 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $24,452,401 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $28,280,467 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $18,951 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $27,784,143 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $7,810,303 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $50,451,469 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $466,415 | CashBOYAmt |
| Cash EOY | $808,010 | CashEOYAmt |
| Cash EOYFMV | $808,010 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $70,346,478 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $73,880,879 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $73,880,879 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl | $3,785 | AcctRcvblAmt |
| Acct Rcvbl BOY | $3,785 | AcctRcvblBOYAmt |
| Acct Rcvbl EOY | $3,785 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $3,785 | AcctRcvblEOYFMVAmt |
| Prepaid Expenses BOY | $15,682 | PrepaidExpensesBOYAmt |
| Corporate Stock BOY | $291,999,958 | CorporateStockBOYAmt |
| Corporate Stock EOY | $320,385,641 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $320,385,641 | CorporateStockEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $20,465,688 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $6,232 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $19,915,823 | LandBOYAmt |
| Land EOY | $20,459,456 | LandEOYAmt |
| Land EOYFMV | $20,459,456 | LandEOYFMVAmt |
| Total Assets BOY | $382,748,141 | TotalAssetsBOYAmt |
| Total Assets EOY | $415,537,771 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $415,537,771 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $17,946 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $14,651 | AccountsPayableEOYAmt |
| Total Liabilities BOY | $17,946 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $14,651 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $382,730,195 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $415,523,120 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $382,730,195 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $415,523,120 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $382,748,141 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $415,537,771 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $382,730,195 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $7,810,303 | ExcessRevenueOverExpensesAmt |
| Other Increases | $25,170,507 | OtherIncreasesAmt |
| Subtotal | $415,711,005 | SubtotalAmt |
| Other Decreases | $187,885 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $415,523,120 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | CAPITAL GAIN DISTRIBUTION | PropertyDesc |
| How Acquired | P | HowAcquiredCd |
| Gross Sales Price | $726 | GrossSalesPriceAmt |
| Gain Or Loss | $726 | GainOrLossAmt |
| Gains Minus Excess Or Losses | $726 | GainsMinusExcessOrLossesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $726 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $701,275 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $701,275 | SubtotalAmt |
| Tax Based On Investment Income | $701,275 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $443,549 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $410,000 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $853,549 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $152,274 | OverpaymentAmt |
| Applied To ES Tax | $152,274 | 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 |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| 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 | DE | OrgReportOrRegisterStateCd |
| 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 | Yes (true) | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | http://www.siegelendowment.org | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LYUDMILA KOYENOVA | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 6468604789 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 100 AVENUE OF THE AMERICAS 16TH FL | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10013 | 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 | Yes (true) | 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 |
| Undistr Incm Sect4942a2 Not App | false | UndistrIncmSect4942a2NotAppInd |
| 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 | Yes (true) | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Transactions Fail To Qlfy As Exc | false | TransactionsFailToQlfyAsExcInd |
| Maintained Expenditure Rspns | Yes (true) | MaintainedExpenditureRspnsInd |
| 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 (5 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 |
|---|---|---|---|---|---|---|---|---|
| DAVID M SIEGEL | ||||||||
| 100 Avenue of the Americas 16th Fl | New York | NY | 10013 | DIRECTOR, CHAIRMAN | 1.0 | $0 | $0 | $0 |
| SHERI VAMMEN | ||||||||
| 100 Avenue of the Americas 16th Fl | New York | NY | 10013 | VICE CHAIR, SECRETARY | 2.5 | $0 | $0 | $0 |
| Richard A Sauer | ||||||||
| 100 AVENUE OF THE AMERICAS 16TH FL | New York | NY | 10013 | treasurer | 4.0 | $0 | $0 | $0 |
| Kathleen Knight | ||||||||
| 100 AVENUE OF THE AMERICAS 16TH FL | New York | NY | 10013 | E.D./President | 50.0 | $0 | $0 | $0 |
| TWO SIGMA INVESTMENTS LP | ||||||||
| 100 AVENUE OF THE AMERICAS 16TH FL | New York | NY | 10013 | 0 | 0 | $504,147 | $19,557 | $0 |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (5 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| TWO SIGMA INVESTMENTS LP | |||||
| 100 Ave of the Americas 16 FL | NEW YORK | NY | 10013 | PROF. SERVICES | $2,236,668 |
| Sarah Holoubek | |||||
| 61 Broadway Suite 2800 | NEW YORK | NY | 10006 | Consulting Services | $258,640 |
| Berlin Rosen LTD | |||||
| 15 Maiden Lane Suite 1600 | NEW YORK | NY | 10038 | Communications | $180,000 |
| Kroll Enterprises | |||||
| 1255 NW 9th Avenue 1109 | PORTLAND | OR | 97209 | Coaching | $66,000 |
| Bret Arnold | |||||
| 82 Washington Place Apt 6D | NEW YORK | NY | 10011 | Property Management | $58,850 |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | SEE STATEMENT A | Description1Txt |
| Expenses1 | $235,058 | Expenses1Amt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | N/A | Description1Txt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $362,779,699 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $11,445,296 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $374,224,995 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $374,224,995 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $5,613,375 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $368,611,620 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $18,430,581 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $18,430,581 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $701,275 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $701,275 | TotalTaxAmt |
| Distributable Before Adj | $17,729,306 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $9,500 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $17,738,806 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $17,738,806 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $27,784,143 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $11,519 | CharitableAssetsAcquisPaidAmt |
| Set Aside Suitability Test | $0 | SetAsideSuitabilityTestAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $27,795,662 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $17,738,806 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Prior Year1 | 2019 | PriorYear1Yr |
| Prior Year2 | 2018 | PriorYear2Yr |
| Prior Year3 | 2017 | PriorYear3Yr |
| Excess Distribution Cyov Yr2 | $0 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $22,284,921 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $22,284,921 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $27,795,662 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Current Year | $17,738,806 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $10,056,856 | RemainingDistriFromCorpusAmt |
| Total Corpus | $32,341,777 | TotalCorpusAmt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $32,341,777 | ExcessDistriCyovToNextYrAmt |
| Excess From Year2 | $0 | ExcessFromYear2Amt |
| Excess From Year1 | $22,284,921 | ExcessFromYear1Amt |
| Excess From Current Year | $10,056,856 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | DAVID M SIEGEL | ContributingManagerNm |
| Shareholder Manager | NA | ShareholderManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SEE Attachment 15 | BusinessNameLine1Txt |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | SEE Attachment 15 | AddressLine1Txt |
| City | SEE Attachment | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 00000 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Or Contribution Purpose | SEE Attachment 15 | GrantOrContributionPurposeTxt |
| Amt | $24,452,401 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $24,452,401 | TotalGrantOrContriPdDurYrAmt |
Grant Or Contri Apprv For Fut GrantOrContriApprvForFutGrp
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SEE Attachment 16 | BusinessNameLine1Txt |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | SEE Attachment 16 | AddressLine1Txt |
| City | SEE Attachment | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 00000 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Or Contribution Purpose | SEE Attachment 16 | GrantOrContributionPurposeTxt |
| Amt | $11,979,350 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Apprv Fut | $11,979,350 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Program Service Revenue Dtl ProgramServiceRevenueDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | N/A | Desc |
| 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 | $55 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $31,757,897 | 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 Income | OtherInvestmentIncomeGrp |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $726 | 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 (2 entries)
| DescDesc | ExclusionExclusionCd | ExclusionExclusionAmt |
|---|---|---|
| INSURANCE PROCEEDS | 01 | $963,807 |
| RECOVERY OF PRIOR YEAR EXPENSE | 01 | $9,500 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $32,731,985 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $32,731,985 | 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 |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Contributor Person | David M Siegel Revocable Trust | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 100 AVENUE OF THE AMERICAS 16TH FL | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10013 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $3,358,785 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
| Noncash Contribution | Yes (X) | NoncashContributionInd |
Non Cash Property Contribution NonCashPropertyContributionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Noncash Property | 185,108 shares of Recursion Pharmaceuticals, Inc. | NoncashPropertyDesc |
| Fair Market Value | $3,358,785 | FairMarketValueAmt |
| Received | 2021-12-02 | ReceivedDt |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | TAX PREPARATION FEES | CategoryTxt |
| Amt | $17,256 | Amt |
| Net Investment Income | $10,354 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $6,902 | DisbursementsCharitablePrpsAmt |
All Oth Prog Rltd Investments Sch AllOthProgRltdInvestmentsSch
All Other Program Related Invst AllOtherProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | N/A | Desc |
Depreciation Schedule DepreciationSchedule
Expenditure Responsibility Stmt ExpenditureResponsibilityStmt
Expenditure Responsibility ExpenditureResponsibilityGrp (4 entries)
| Address Line1ForeignAddress/AddressLine1Txt | CityForeignAddress/CityNm | CountryForeignAddress/CountryCd | Foreign PostalForeignAddress/ForeignPostalCd | GrantGrantDt | GrantGrantAmt | Purpose Of GrantPurposeOfGrantTxt | Expended By GranteeExpendedByGranteeAmt | Any Diversion By GranteeAnyDiversionByGranteeTxt | Dates Of Reports By GranteeDatesOfReportsByGranteeTxt | VerificationVerificationDt | Results Of VerificationResultsOfVerificationTxt | Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| First Code Academy | |||||||||||||||
| 8-12 Hennessy Road | Wanchai | HK | 999077 | 2020-11-05 | $15,000 | To support the AppJamming Summit 2021 to inspire young developers to become creators with technology | $15,000 | NO | 11/04/2021, 12/31/2021 | 2021-12-31 | TO THE KNOWLEDGE OF THE FOUNDATION, AND BASED UPON THE REPORTS FURNISHED BY THE GRANT RECIPIENT, NO PART HAS BEEN USED FOR OTHER THAN ITS INTENDED PURPOSE. | ||||
| Grove Collective Foundation | |||||||||||||||
| 2021-12-31 | $240,000 | to support Grove's work to audit community education programs | $0 | NO | 12/17/2021,01/26/2022 | 2022-01-26 | TO THE KNOWLEDGE OF THE FOUNDATION, AND BASED UPON THE REPORTS FURNISHED BY THE GRANT RECIPIENT, NO PART HAS BEEN USED FOR OTHER THAN ITS INTENDED PURPOSE. | 5185 MACARTHUR BLVD NW SUITE 456 | Washington | DC | 200163341 | ||||
| Grove Social Impact Partners | |||||||||||||||
| 2021-12-06 | $10,000 | To be used for legal counsel fees associated with (i) incorporating the Obsidian Catalyst | $10,000 | NO | 9/22/2022 | 2022-09-22 | TO THE KNOWLEDGE OF THE FOUNDATION, AND BASED UPON THE REPORTS FURNISHED BY THE GRANT RECIPIENT, NO PART HAS BEEN USED FOR OTHER THAN ITS INTENDED PURPOSE. | 5185 MACARTHUR BLVD NW SUITE 456 | Washington | DC | 200163341 | ||||
| The Learning Agency | |||||||||||||||
| 2021-12-06 | $750,000 | To be used for charitable, scientific, literary or educational purposes | $0 | NO | 12/16/2021 | 2021-12-16 | TO THE KNOWLEDGE OF THE FOUNDATION, AND BASED UPON THE REPORTS FURNISHED BY THE GRANT RECIPIENT, NO PART HAS BEEN USED FOR OTHER THAN ITS INTENDED PURPOSE. | 4513 Windom Place NW | Wasgington | DC | 20016 | ||||
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (3 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| MANABU STRATEGIES LTD. | $289,222,309 | $289,222,309 |
| VANGUARD S&P 500 ETF | $27,992,432 | $27,992,432 |
| RECURSION PHARMACEUTICALS INC. | $3,170,900 | $3,170,900 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | CategoryTxt |
| Legal Fees | $35,041 | LegalFeesAmt |
| Disbursements Charitable Prps | $35,041 | DisbursementsCharitablePrpsAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail (2 entries)
| DescDesc | AmtAmt |
|---|---|
| COST TO FMV ADJUSTMENT ON | $0 |
| DONATED SECURITIES | $187,885 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (11 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|
| INSURANCE | $50,218 | $50,218 |
| DUES AND SUBSCRIPTION | $45,370 | $45,370 |
| REPAIRS AND MAINTENANCE | $21,675 | $21,675 |
| IT EXPENSES | $14,535 | $14,535 |
| EVENT EXPENSE | $10,000 | $10,000 |
| SUPPLIES | $7,200 | $7,200 |
| RECRUITMENT | $4,845 | $4,845 |
| STAFF MISC. EXPENSES | $3,152 | $3,152 |
| LICENSES AND FEES | $2,105 | $2,105 |
| POSTAGE | $17 | $17 |
| UTILITIES EXPENSES | $21,005 | $21,005 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (3 entries)
| DescDesc | Net Investment IncomeNetInvestmentIncomeAmt | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt |
|---|---|---|
| SUBPART F INCOME - MANABU STRATEGIES LTD | $50,116,555 | |
| Insurance Proceeds | $963,807 | |
| Recovery of Prior Year Expense | $9,500 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail (7 entries)
| DescDesc | AmtAmt |
|---|---|
| MANABU - CASH TO TAXABLE | $0 |
| INCOME ADJUSTMENT | $18,711,742 |
| VANGUARD - CHANGE IN UNREALIZED | $0 |
| APPRECIATION/DEPRECIATION ON | $0 |
| INVESTMENTS | $5,955,373 |
| MANABU - BOOK VERSUS | $0 |
| TAXABLE INCOME | $503,392 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (8 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| TSI SERVICE COSTS* | $2,236,668 | $8,597 | $2,228,071 |
| CONSULTING FEES | $375,554 | $375,554 | |
| COMMUNICATIONS | $180,000 | $180,000 | |
| PROPERTY MANAGEMENT | $67,345 | $67,345 | |
| COACHING | $66,000 | $66,000 | |
| IT CONSULTING | $16,500 | $16,500 | |
| PHOTOGRAPHER | $6,644 | $6,644 | |
| INTERIOR DESIGN | $87 | $87 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|
| EXCISE TAXES | $471,000 | $0 |
| PROPERTY TAX EXPENSE | $145,294 | $145,294 |
Transfers To Controlled Entities TransfersToControlledEntities
Transfers To Controlled Ent TransfersToControlledEntGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | DescDesc | AmtAmt | Address Line1ForeignAddress/AddressLine1Txt | CityForeignAddress/CityNm | Province Or StateForeignAddress/ProvinceOrStateNm | CountryForeignAddress/CountryCd |
|---|---|---|---|---|---|---|---|---|---|---|
| INQUISITIONIS HOLDINGS LLC | ||||||||||
| 100 AVENUE OF THE AMERICAS FLOOR 1 | NEW YORK | NY | 10013 | 852420920 | Investment in Inquisitions Holdings LLC is not an excess business holding | $250,000 | ||||
| MANABU STRATEGIES LTD | ||||||||||
| 981576593 | MANABU STRATEGIES, LTD. IS NOT AN EXCESS BUSINESS HOLDING | $0 | 190 ELGIN AVENUE | GEORGE TOWN | GRAND CAYMAN | CJ | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $250,000 | TotalAmt |
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