THE@JOSEPH AND FLORENCE MANDEL FAMILY FOUNDATION-MICHELE M AND: Form 990PF, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- THE@JOSEPH AND FLORENCE MANDEL FAMILY FOUNDATION-MICHELE M AND (EIN 32-0570943)
- Tax period
- 2021-01-01 to 2021-12-31
- Filed
- 2022-11-15
- IRS object ID
- 202223199349102017
- 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
- All Oth Prog Rltd Investments Sch
- Depreciation Schedule
- Investments Other Schedule2
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Reduction Explanation Statement
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-11-15T09:28:02-06:00 | ReturnTs |
| Tax Period End | 2021-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PARKWOOD LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1000 LAKESIDE AVE E | AddressLine1Txt |
| City | CLEVELAND | CityNm |
| State Abbreviation | OH | StateAbbreviationCd |
| ZIP | 441141117 | 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 | 320570943 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE JOSEPH AND FLORENCE MANDEL FAMILY- | BusinessNameLine1Txt |
| Business Name Line2 | MICHELE M AND LAWRENCE R BEYER FAMILY FUND | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % BRADLEY S SMITH | InCareOfNm |
| Business Name Control | JOSE | BusinessNameControlTxt |
| Phone | 2168756500 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1000 LAKESIDE AVENUE | AddressLine1Txt |
| City | CLEVELAND | CityNm |
| State Abbreviation | OH | StateAbbreviationCd |
| ZIP | 44114 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | LAVONDA NAPKA | PersonNm |
| Person Title | SECRETARY | PersonTitleTxt |
| Phone | 2168756500 | 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 | LAVONDA | PersonFirstNm |
| Person Last | NAPKA | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | KATHERINE E STAMM | PreparerPersonNm |
| PTIN | P01076031 | PTIN |
| Phone | 2168756500 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 3 | 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 | $129,893,255 | 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 | $0 | ContriRcvdRevAndExpnssAmt |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $553,473 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $553,473 | InterestOnSavNetInvstIncmAmt |
| Interest On Savings Adj Net Incm | $553,473 | InterestOnSavingsAdjNetIncmAmt |
| Dividends Rev And Expnss | $1,217,331 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $1,217,331 | DividendsNetInvstIncmAmt |
| Dividends Adj Net Incm | $1,217,331 | DividendsAdjNetIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $18,997,487 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $29,464,440 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $18,997,487 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $1,435,423 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $162,022 | OtherIncomeNetInvstIncmAmt |
| Other Income Adj Net Incm | $162,022 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | $22,203,714 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $20,930,313 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $1,932,826 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Interest Rev And Expnss | $146,704 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $146,704 | InterestNetInvstIncmAmt |
| Interest Adj Net Incm | $146,704 | InterestAdjNetIncmAmt |
| Taxes Rev And Expnss | $585,150 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $15,731 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $15,731 | TaxesAdjNetIncmAmt |
| Other Expenses Rev And Expnss | $2,003,547 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $2,003,547 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $2,003,547 | OtherExpensesAdjNetIncmAmt |
| Tot Opr Expenses Rev And Expnss | $2,735,401 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $2,165,982 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $2,165,982 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $4,114,806 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $4,114,806 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $6,850,207 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $2,165,982 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $2,165,982 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $4,114,806 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $15,353,507 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $18,764,331 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $1,372,886 | CashBOYAmt |
| Cash EOY | $3,544,268 | CashEOYAmt |
| Cash EOYFMV | $3,544,268 | CashEOYFMVAmt |
| Other Investments BOY | $141,886,817 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $178,671,423 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $126,348,987 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $143,259,703 | TotalAssetsBOYAmt |
| Total Assets EOY | $182,215,691 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $129,893,255 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $10 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $0 | AccountsPayableEOYAmt |
| Grants Payable BOY | $500,000 | GrantsPayableBOYAmt |
| Grants Payable EOY | $0 | GrantsPayableEOYAmt |
| Total Liabilities BOY | $500,010 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $142,759,693 | RetainedEarningBOYAmt |
| Retained Earning EOY | $182,215,691 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $142,759,693 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $182,215,691 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $143,259,703 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $182,215,691 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $142,759,693 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $15,353,507 | ExcessRevenueOverExpensesAmt |
| Other Increases | $44,179,427 | OtherIncreasesAmt |
| Subtotal | $202,292,627 | SubtotalAmt |
| Other Decreases | $20,076,936 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $182,215,691 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (9 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|
| PIMCO SHORT TERM FUND | P | 2021-12-31 | $7,503,000 | $7,528,240 | -$10,295 | -$25,240 |
| VANGUARD L/T INVEST | 2021-12-31 | $2,977,325 | $2,953,658 | $23,667 | $23,667 | |
| SECTION 1231/1250 CAPITAL GAIN | P | 2021-12-31 | $354,296 | $354,296 | $354,296 | |
| LONG TERM CAPITAL GAIN FROM PARTNERSHIP | P | 2021-12-31 | $14,715,846 | $14,715,846 | $14,715,846 | |
| SHORT TERM CAPITAL GAIN FROM PARTNERSHIP | P | 2021-12-31 | $3,433,194 | $3,433,194 | $3,433,194 | |
| SECTION 1256 S/T CAPITAL GAIN | P | 2021-12-31 | $187,625 | $187,625 | $187,625 | |
| SECTION 1256 L/T CAPITAL GAIN | P | 2021-12-31 | $281,437 | $281,437 | $281,437 | |
| CAPITAL GAIN 28% RATE | 2021-12-31 | $954 | $954 | $954 | ||
| VANGUARD L/T CAPITAL GAIN DISTRIBUTION | 2021-12-31 | $10,763 | $10,763 | $10,763 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $18,997,487 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $260,824 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $260,824 | SubtotalAmt |
| Tax Based On Investment Income | $260,824 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $279,743 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $156,000 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $435,743 | TotalPaymentsAndCreditsAmt |
| Overpayment | $174,919 | OverpaymentAmt |
| Applied To ES Tax | $174,919 | 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 | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (true) | Form990TFiledInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | OH | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | false | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | Yes (true) | 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 | BRADLEY S SMITH | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2168756500 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1000 LAKESIDE AVE E | AddressLine1Txt |
| City | CLEVELAND | CityNm |
| State Abbreviation | OH | StateAbbreviationCd |
| ZIP | 44114 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | Yes (true) | 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 | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | Yes (true) | UndistributedIncomePYInd |
| Undistributed Income PY1 | 2019 | UndistributedIncomePY1Yr |
| 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 | 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 (8 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 |
|---|---|---|---|---|---|---|---|---|
| MICHELE M BEYER | ||||||||
| 1000 LAKESIDE AVENUE | CLEVELAND | OH | 44114 | TRUSTEE | 0 | $0 | $0 | $0 |
| ROBERT C BEYER | ||||||||
| 1000 LAKESIDE AVENUE | CLEVELAND | OH | 44114 | TRUSTEE | 0 | $0 | $0 | $0 |
| ANTHONY M BEYER | ||||||||
| 1000 LAKESIDE AVENUE | CLEVELAND | OH | 44114 | TRUSTEE | 0 | $0 | $0 | $0 |
| TIMOTHY C BEYER | ||||||||
| 1000 LAKESIDE AVENUE | CLEVELAND | OH | 44114 | TRUSTEE | 0 | $0 | $0 | $0 |
| MARK MADEJA | ||||||||
| 1000 LAKESIDE AVENUE | CLEVELAND | OH | 44114 | ASSISTANT SECRETARY | 0 | $0 | $0 | $0 |
| LAVONDA D NAPKA | ||||||||
| 1000 LAKESIDE AVENUE | CLEVELAND | OH | 44114 | SECRETARY | 0 | $0 | $0 | $0 |
| BRADLEY S SMITH | ||||||||
| 1000 LAKESIDE AVENUE | CLEVELAND | OH | 44114 | PRESIDENT | 0 | $0 | $0 | $0 |
| BRADLEY S SMITH | ||||||||
| 1000 LAKESIDE AVENUE | CLEVELAND | OH | 44114 | TREASURER | 0 | $0 | $0 | $0 |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PARKWOOD TRUST COMPANY | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | C/O PARKWOOD LLC 1000 LAKESIDE AVE | AddressLine1Txt |
| City | CLEVELAND | CityNm |
| State Abbreviation | OH | StateAbbreviationCd |
| ZIP | 441141117 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | INVESTMENT ADVISORY | ServiceTypeTxt |
| Compensation | $612,991 | CompensationAmt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | NONE | Description1Txt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | NONE | Description1Txt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $0 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $4,544,838 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $112,488,513 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $117,033,351 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $44,696,317 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $117,033,351 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $1,755,500 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $115,277,851 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $5,763,893 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $5,763,893 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $260,824 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $260,824 | TotalTaxAmt |
| Distributable Before Adj | $5,503,069 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $5,503,069 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $5,503,069 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $4,114,806 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $0 | CharitableAssetsAcquisPaidAmt |
| Set Aside Suitability Test | $0 | SetAsideSuitabilityTestAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $4,114,806 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $5,503,069 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $4,029,221 | UndistributedIncomePYAmt |
| Prior Year1 | 2019 | PriorYear1Yr |
| Prior Year2 | 2018 | PriorYear2Yr |
| Prior Year3 | 2017 | PriorYear3Yr |
| Total For Prior Years | $27,610 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr1 | $0 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $4,114,806 | QualifyingDistributionsAmt |
| Applied To Year1 | $4,029,221 | AppliedToYear1Amt |
| Applied To Current Year | $85,585 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $0 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $27,610 | PriorYearUndistributedIncmAmt |
| Taxable1 | $27,610 | Taxable1Amt |
| Undistributed Income CY | $5,417,484 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $0 | ExcessDistriCyovToNextYrAmt |
| Excess From Current Year | $0 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | NONE | ContributingManagerNm |
| Shareholder Manager | NONE | ShareholderManagerNm |
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | BRADLEY S SMITH PRESIDENT | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1000 LAKESIDE AVE E | AddressLine1Txt |
| City | CLEVELAND | CityNm |
| State Abbreviation | OH | StateAbbreviationCd |
| ZIP | 44114 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 2168756500 | RecipientPhoneNum |
| Form And Info And Materials | NO FORMAL APPLICATION FORM IS USED. THE FOLLOWING INFORMATION SHOULD ACCOMPANY ANY REQUEST: 1) DESCRIPTION OF PROJECT AND JUSTIFICATION FOR GRANT. 2) AMOUNT OF GRANT REQUESTED AND TERM OF GRANT. 3) PERTINENT FINANCIAL INFORMATION. 4) IRS EXEMPTION STATUS INCLUDING COPY OF EXEMPTION LETTER. | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | NONE | SubmissionDeadlinesTxt |
| Restrictions On Awards | NONE | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (52 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| Alzheimer's Drug Discovery Foundation | |||||||
| 57 West 57th Street Suite 904 | New York | NY | 10019 | PUBLIC CHARITY | PAID | GENERAL | $5,000 |
| American Friends of the Hebrew University | |||||||
| 199 Water Street 11th Floor | New York | NY | 10038 | PUBLIC CHARITY | PAID | GENERAL | $7,500 |
| Brandeis University | |||||||
| 415 South Street MS | Waltham | MA | 024542728 | PUBLIC CHARITY | PAID | GENERAL | $30,000 |
| Breast Cancer Research Foundation | |||||||
| 28 West 44th Street Suite 609 | New York | NY | 10036 | PUBLIC CHARITY | PAID | GENERAL | $15,000 |
| Charities Aid Foundation of America | |||||||
| 225 Reinekers Lane Suite 375 | Alexandria | VA | 22314 | PUBLIC CHARITY | PAID | GENERAL | $25,000 |
| Charities Aid Foundation of America | |||||||
| 225 Reinekers Lane Suite 375 | Alexandria | VA | 22314 | PUBLIC CHARITY | PAID | GENERAL | $8,000 |
| Cheder Chabad | |||||||
| 9085 Hagen Ranch Rd | Boynton Beach | FL | 33472 | PUBLIC CHARITY | PAID | GENERAL | $10,000 |
| Cleveland Ballet | |||||||
| 23020 Miles Road | Cleveland | OH | 44128 | PUBLIC CHARITY | PAID | GENERAL | $350 |
| Cleveland Uncommon Sound Project | |||||||
| 15028 Pearl Road West | Strongsville | OH | 44136 | PUBLIC CHARITY | PAID | GENERAL | $5,000 |
| Clevelandclassical Com | |||||||
| 11720 Edgewater Drive Suite 107 | Lakewood | OH | 44107 | PUBLIC CHARITY | PAID | GENERAL | $5,000 |
| Columbia University | |||||||
| PO Box 1385 | New York | NY | 100081385 | PUBLIC CHARITY | PAID | GENERAL | $15,000 |
| Columbia University | |||||||
| PO Box 1385 | New York | NY | 100081385 | PUBLIC CHARITY | PAID | GENERAL | $10,000 |
| Dana Farber Cancer Institute | |||||||
| 220 Sunrise Avenue | Palm Beach | FL | 33480 | PUBLIC CHARITY | PAID | GENERAL | $125,000 |
| Everglades Foundation | |||||||
| 18001 Old Cutler Road Suite 625 | Palmetto Bay | FL | 33157 | PUBLIC CHARITY | PAID | GENERAL | $2,500 |
| Facing History and Ourselves National Foundation | |||||||
| 150 Broadway Suite 2100 | New York | NY | 10038 | PUBLIC CHARITY | PAID | GENERAL | $100,000 |
| Facing History and Ourselves National Foundation | |||||||
| 150 Broadway Suite 2100 | New York | NY | 10038 | PUBLIC CHARITY | PAID | GENERAL | $100,000 |
| Film Collaborative | |||||||
| 3405 Cazador Street | Los Angeles | CA | 90065 | PUBLIC CHARITY | PAID | GENERAL | $125,000 |
| Film Collaborative | |||||||
| 3405 Cazador Street | Los Angeles | CA | 90065 | PUBLIC CHARITY | PAID | GENERAL | $125,000 |
| Friendship Circle of Cleveland | |||||||
| 27900 Gates Mills Blvd | Pepper Pike | OH | 44124 | PUBLIC CHARITY | PAID | GENERAL | $5,000 |
| Friendship Circle of Cleveland | |||||||
| 27900 Gates Mills Blvd | Pepper Pike | OH | 44124 | PUBLIC CHARITY | PAID | GENERAL | $10,000 |
| Hebrew Academy of Cleveland | |||||||
| 1860 South Taylor Road | Cleveland | OH | 44118 | PUBLIC CHARITY | PAID | GENERAL | $50,000 |
| Hebrew Academy of Cleveland | |||||||
| 1860 South Taylor Road | Cleveland | OH | 44118 | PUBLIC CHARITY | PAID | GENERAL | $500,000 |
| Heights Arts Collaborative | |||||||
| 2175 Lee Road | Cleveland Heights | OH | 44118 | PUBLIC CHARITY | PAID | GENERAL | $14,000 |
| Institute of Contemporary Art Miami | |||||||
| 61 NE 41st Street | Miami | FL | 33137 | PUBLIC CHARITY | PAID | GENERAL | $75,000 |
| Joseph and Florence Mandel Jewish Day School | |||||||
| 26500 Shaker Boulevard | Beachwood | OH | 44122 | PUBLIC CHARITY | PAID | GENERAL | $10,000 |
| Kingsbridge Heights Community Center | |||||||
| 3101 Kingsbridge Terrace | Bronx | NY | 10463 | PUBLIC CHARITY | PAID | GENERAL | $10,000 |
| MorseLife Foundation | |||||||
| 4847 David S Mack Drive | West Palm Beach | FL | 33417 | PUBLIC CHARITY | PAID | GENERAL | $10,000 |
| Music Settlement | |||||||
| 11125 Magnolia Drive | Cleveland | OH | 44106 | PUBLIC CHARITY | PAID | GENERAL | $30,000 |
| Music Settlement | |||||||
| 11125 Magnolia Drive | Cleveland | OH | 44106 | PUBLIC CHARITY | PAID | GENERAL | $5,000 |
| No Exit New Music Association | |||||||
| 1737 Andrews Road | Cleveland Heights | OH | 44118 | PUBLIC CHARITY | PAID | GENERAL | $35,000 |
| Norton Museum of Art | |||||||
| 1450 S Dixie Highway | West Palm Beach | FL | 33401 | PUBLIC CHARITY | PAID | GENERAL | $10,000 |
| Palm Beach Country Club Foundation | |||||||
| 760 N Ocean Boulevard | Palm Beach | FL | 33480 | PUBLIC CHARITY | PAID | GENERAL | $1,000 |
| Palm Beach Orthodox Synagogue | |||||||
| 120 North County Road | Palm Beach | FL | 33480 | PUBLIC CHARITY | PAID | GENERAL | $125,000 |
| Palm Beach Orthodox Synagogue | |||||||
| 120 North County Road | Palm Beach | FL | 33480 | PUBLIC CHARITY | PAID | GENERAL | $125,000 |
| Pine Crest School | |||||||
| 1501 NE 62nd Street | Fort Lauderdale | FL | 33334 | PUBLIC CHARITY | PAID | GENERAL | $100,000 |
| Salzburg Festival Society | |||||||
| 509 Madison Ave Ste 1710 | New York | NY | 10022 | PUBLIC CHARITY | PAID | GENERAL | $4,000 |
| Society of the Four Arts | |||||||
| 100 Four Arts Plaza | Palm Beach | FL | 33480 | PUBLIC CHARITY | PAID | GENERAL | $15,000 |
| Society of the Four Arts | |||||||
| 100 Four Arts Plaza | Palm Beach | FL | 33480 | PUBLIC CHARITY | PAID | GENERAL | $25,000 |
| SPACES | |||||||
| 2900 Detroit Avenue First Floor | Cleveland | OH | 44113 | PUBLIC CHARITY | PAID | GENERAL | $5,000 |
| SPACES | |||||||
| 2900 Detroit Avenue First Floor | Cleveland | OH | 44113 | PUBLIC CHARITY | PAID | GENERAL | $10,000 |
| Town of Palm Beach United Way | |||||||
| 44 Cocoanut Row - M-201 | Palm Beach | FL | 33480 | PUBLIC CHARITY | PAID | GENERAL | $10,000 |
| Trip of a Lifetime | |||||||
| PO Box 185 H | Scarsdale | NY | 10583 | PUBLIC CHARITY | PAID | GENERAL | $1,000 |
| Trustees of Hamilton College | |||||||
| 198 College Hill Road | Clinton | NY | 13323 | PUBLIC CHARITY | PAID | GENERAL | $25,000 |
| University of Miami | |||||||
| PO Box 016960 M-867 | Miami | FL | 33101 | PUBLIC CHARITY | PAID | GENERAL | $125,000 |
| Washington Institute for Near East Policy | |||||||
| 1111 19th Street NW | Washington | DC | 20036 | PUBLIC CHARITY | PAID | GENERAL | $25,000 |
| Zecher Avrohom Inc | |||||||
| 1715-51st Street | Brooklyn | NY | 11204 | PUBLIC CHARITY | PAID | GENERAL | $40,000 |
| BEYER FAMILY FUND | |||||||
| 25701 SCIENCE PARK DRIVE | CLEVELAND | OH | 44122 | PUBLIC CHARITY | General | $2,000,000 | |
| CHESTER CAPITAL | |||||||
| 1000 LAKESIDE AVE E | CLEVELAND | OH | 44114 | GENERAL | $120 | ||
| FIO PE | |||||||
| 1000 LAKESIDE AVE E | CLEVELAND | OH | 44114 | GENERAL | $30 | ||
| FOUNDATION INVESTMENTS OF OHIO | |||||||
| 1000 LAKESIDE AVE E | CLEVELAND | OH | 44114 | GENERAL | $1,069 | ||
| LAKESIDE PARTNERS I LP | |||||||
| 1000 LAKESIDE AVE E | CLEVELAND | OH | 44114 | GENERAL | $228 | ||
| SIMON CHARITABLE PRIVATE | |||||||
| 1000 LAKESIDE AVE E | CLEVELAND | OH | 44114 | GENERAL | $9 | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $4,114,806 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
| 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 | $553,473 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $1,217,331 | 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $1,543,340 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $18,997,487 | 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | RENTAL INCOME (LOSS) FROM PARTNERSHIPS | Desc |
| Exclusion | 14 | ExclusionCd |
| Exclusion | -$107,917 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $22,203,714 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $22,203,714 | 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 |
All Oth Prog Rltd Investments Sch AllOthProgRltdInvestmentsSch
All Other Program Related Invst AllOtherProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | NONE | Desc |
Depreciation Schedule DepreciationSchedule
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (12 entries)
| Category Or ItemCategoryOrItemTxt | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| PARTNERSHIP INTERESTS | $1,089 | $1,089 |
| CHESTER CAPITAL | $6,422,425 | $6,422,425 |
| EUCLID PARTNERS | $112,309 | $112,309 |
| FOUNDATION INVESTMENTS OF OHIO | $103,115,871 | $58,267,388 |
| FIO-PE | $10,781,955 | $7,652,566 |
| FIO-RE | $1,286,597 | $910,904 |
| LAKESIDE PARTNERS I | $1,095,610 | $1,095,610 |
| PIMCO SHORT TERM | $7,398 | $7,398 |
| SIMON CHARITABLE PRIVATE | $52,906,354 | $48,937,483 |
| VANGUARD STIG | $2,941,815 | $2,941,815 |
| JPM GOV'T MM-AR | ||
| US DOLLARS |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail (2 entries)
| DescDesc | AmtAmt |
|---|---|
| NON DEDUCTIBLE EXPENSES | $7,416 |
| BOOK TAX DIFFERENCES | $20,069,520 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (4 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| PARTNERSHIP PORTFOLIO DEDUCTIO | $161,157 | $161,157 | $161,157 |
| TRUSTEE FEES | $612,991 | $612,991 | $612,991 |
| OTHER PARTNERSHIP EXPENSE | $134,156 | $134,156 | $134,156 |
| MISC EXPENSE | $1,095,243 | $1,095,243 | $1,095,243 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (10 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| ORDINARY INCOME (LOSS) FROM PARTNERSHIPS | $292,930 | $292,930 | $292,930 |
| OTHER INCOME FROM PARTNERSHIPS | $880,382 | $880,382 | $880,382 |
| OTHER PORTFOLIO INCOME FROM PARTNERSHIPS | $142,040 | $142,040 | $142,040 |
| RENTAL INCOME (LOSS) FROM PARTNERSHIPS | -$107,917 | -$107,917 | -$107,917 |
| ROYALTY INCOME FROM PARTNERSHIPS | $12,481 | $12,481 | $12,481 |
| STATE TAX REFUNDS | $5,843 | $5,843 | $5,843 |
| ORDINARY GAIN / LOSS | |||
| GUARANTEED PAYMENTS | $1,649 | $1,649 | $1,649 |
| COD/INVOL CONVERSION | $208,015 | $208,015 | $208,015 |
| ADJUST FOR UBTI- NOT TAXABLE | -$1,273,401 | -$1,273,401 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail (2 entries)
| DescDesc | AmtAmt |
|---|---|
| TAX-EXEMPT INCOME | $79,502 |
| UNREALIZED GAIN LOSS | $44,099,925 |
Reduction Explanation Statement ReductionExplanationStatement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Short Explanation | AVG FMV FOUNDATION INVESTMENTS OF OHIO 89,425,143 DISCOUNTED VALUE - FOUNDATION INVESTMENTS OF OHIO -50,771,368 AVG FMV OF SIMON CHARITABLE PRIVATE LLC 55,249,373 DISCOUNTED VALUE - SIMON CHARITABLE PRIVATE LLC -50,919,609 AVG FMV FOUNDATION INVESTMENTS OF OHIO PE 5,378,427 DISCOUNTED VALUE- FOUNDATION INVESTMENTS OF OHIO PE -3,817,444 AVERAGE FMV FOUNDATION INVESTMENTS OF OHIO RE 520,651 DISCOUNTED VALUE- FOUNDATION INVESTMENTS OF OHIO RE -369,215 FIO, SCP, FIO PE AND FIO RE DISCOUNTED FOR ILLIQUIDITY, RESTRICTIONS AND LACK OF MARKETABILITY BASED ON VALUATIONS. | ShortExplanationTxt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| TAXES THRU PARTNERSHIP | $15,731 | $15,731 | $15,731 |
| FEDERAL & STATE UBTI TAXES | $569,419 |
Comments