MILTON & TAMAR MALTZ FAMILY FOUNDATION INC: Form 990PF, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- MILTON & TAMAR MALTZ FAMILY FOUNDATION INC (EIN 65-0164300)
- Tax period
- 2021-01-01 to 2021-12-31
- Filed
- 2022-11-16
- IRS object ID
- 202233209349100643
- 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
- Accounting Fees Schedule
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Investments Other Schedule2
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-11-16T08:47:39-06:00 | ReturnTs |
| Tax Period End | 2021-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 420714325 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RSM US LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 30 SOUTH WACKER DR SUITE 3300 | AddressLine1Txt |
| City | CHICAGO | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 606063392 | 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 | 650164300 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE MILTON AND TAMAR MALTZ | BusinessNameLine1Txt |
| Business Name Line2 | FAMILY FOUNDATION | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | MILT | BusinessNameControlTxt |
| Phone | 2167813010 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3333 RICHMOND RD 460 | AddressLine1Txt |
| City | BEACHWOOD | CityNm |
| State Abbreviation | OH | StateAbbreviationCd |
| ZIP | 44122 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DAVID MALTZ | PersonNm |
| Person Title | TREASURER | PersonTitleTxt |
| Phone | 2167813010 | PhoneNum |
| Signature | 2022-11-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | DAVID | PersonFirstNm |
| Person Last | MALTZ | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | REBEKUH ELEY | PreparerPersonNm |
| PTIN | P01247672 | PTIN |
| Phone | 3126343400 | PhoneNum |
| Preparation | 2022-11-09 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 3 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| 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 | $56,554,993 | 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 | $12,502 | ContriRcvdRevAndExpnssAmt |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $4 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $4 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $1,286,105 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $1,278,603 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $3,153,460 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $13,794,415 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $3,153,460 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $13,933 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $15,433 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $4,466,004 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $4,447,500 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $16,500 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $16,500 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $0 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $233,167 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $231,801 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $37,205 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $37,205 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $12,880 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $12,880 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $0 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $299,752 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $298,386 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $850,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $850,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,149,752 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $298,386 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $850,000 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $3,316,252 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $4,149,114 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $1,077,509 | CashBOYAmt |
| Cash EOY | $2,974,758 | CashEOYAmt |
| Cash EOYFMV | $2,974,758 | CashEOYFMVAmt |
| Other Nts And Loans Rcvbl | $1,050,000 | OtherNtsAndLoansRcvblAmt |
| Other Rcvbl Allwnc Dbtfl Acct | $0 | OtherRcvblAllwncDbtflAcctAmt |
| Other Nts And Loans Rcvbl BOY | $1,500,000 | OtherNtsAndLoansRcvblBOYAmt |
| Other Nts And Loans Rcvbl EOY | $1,050,000 | OtherNtsAndLoansRcvblEOYAmt |
| Other Nts And Loans Rcvbl EOYFMV | $1,050,000 | OtherNtsAndLoansRcvblEOYFMVAmt |
| US Government Obligations BOY | $459,016 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $90,826 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $101,357 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $19,222,078 | CorporateStockBOYAmt |
| Corporate Stock EOY | $23,192,311 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $32,326,126 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $8,932,300 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $6,233,692 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $6,191,883 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $12,210,522 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $13,203,732 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $13,910,869 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $43,401,425 | TotalAssetsBOYAmt |
| Total Assets EOY | $46,745,319 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $56,554,993 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $1,000,000 | CapitalStockBOYAmt |
| Capital Stock EOY | $1,000,000 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $42,401,425 | RetainedEarningBOYAmt |
| Retained Earning EOY | $45,745,319 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $43,401,425 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $46,745,319 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $43,401,425 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $46,745,319 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $43,401,425 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $3,316,252 | ExcessRevenueOverExpensesAmt |
| Other Increases | $72,115 | OtherIncreasesAmt |
| Subtotal | $46,789,792 | SubtotalAmt |
| Other Decreases | $44,473 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $46,745,319 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (17 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|
| BANK OF NEW YORK LT | P | $1,015,776 | $640,121 | $375,655 | $375,655 |
| BANK OF NEW YORK ST | P | $88,055 | $84,425 | $3,630 | $3,630 |
| FIRST REPUBLIC LT | P | $800,000 | $813,859 | -$13,859 | -$13,859 |
| GENESIS ENERGY | P | $39 | $39 | $39 | |
| ITHAN CREEK | P | $687,655 | $687,655 | $687,655 | |
| PRIMUS HIGH YIELD BOND FUND LP | P | $4,982 | $4,982 | $4,982 | |
| PRIMUS HIGH YIELD BOND FUND LP | P | $4,403 | $4,403 | $4,403 | |
| SCULPTOR | P | $4,231 | $4,231 | $4,231 | |
| THE SILCHESTER INTERNATIONAL | P | $55,877 | $55,877 | $55,877 | |
| THE SILCHESTER INTERNATIONAL | P | $255,879 | $255,879 | $255,879 | |
| US BANK 9935 LT | P | $10 | -$10 | -$10 | |
| US BANK 9935 ST | P | $48,518 | $48,518 | $48,518 | |
| US BANK KARPUS 1380 LT | P | $2,485,041 | $2,251,205 | $233,836 | $233,836 |
| US BANK KARPUS 1380 ST | P | $4,054,018 | $3,882,798 | $171,220 | $171,220 |
| US BANK KARPUS 4260 LT | P | $2,013,749 | $1,545,889 | $467,860 | $467,860 |
| US BANK KARPUS 4260 ST | P | $1,597,118 | $1,422,648 | $174,470 | $174,470 |
| CAPITAL GAINS DIVIDENDS | P | $679,074 | $679,074 | $679,074 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $3,153,460 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $57,673 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $57,673 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $57,673 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $32,119 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $29,000 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $61,119 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $432 | EsPenaltyAmt |
| Overpayment | $3,014 | OverpaymentAmt |
| Applied To ES Tax | $3,014 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | OH | OrgReportOrRegisterStateCd |
| Org Report Or Register State | FL | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | WWW.MALTZFOUNDATION.ORG | WebsiteAddressTxt |
| Individual With Books | DAVID MALTZ | IndividualWithBooksNm |
| Phone | 2167813010 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3333 RICHMOND ROAD SUITE 460 | AddressLine1Txt |
| City | BEACHWOOD | CityNm |
| State Abbreviation | OH | StateAbbreviationCd |
| ZIP | 44122 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | 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 |
|---|---|---|---|---|---|---|---|---|
| MILTON S MALTZ | ||||||||
| 5500 MILITARY TRAIL SUITE 22-367 | JUPITER | FL | 33458 | PRESIDENT | 2.00 | $0 | $0 | $0 |
| THELMA MALTZ | ||||||||
| 5500 MILITARY TRAIL SUITE 22-367 | JUPITER | FL | 33458 | SECRETARY | 2.00 | $0 | $0 | $0 |
| JULIE KONIGSBERG | ||||||||
| 5500 MILITARY TRAIL SUITE 22-367 | JUPITER | FL | 33458 | VICE PRESIDENT | 2.00 | $0 | $0 | $0 |
| DANIEL MALTZ | ||||||||
| 5500 MILITARY TRAIL SUITE 22-367 | JUPITER | FL | 33458 | VICE PRESIDENT | 2.00 | $0 | $0 | $0 |
| DAVID MALTZ | ||||||||
| 5500 MILITARY TRAIL SUITE 22-367 | JUPITER | FL | 33458 | TREASURER | 2.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | NOT APPLICABLE | Description1Txt |
| Expenses1 | $0 | Expenses1Amt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $48,077,411 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $489,859 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $1,462,500 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $50,029,770 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $50,029,770 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $750,447 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $49,279,323 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $2,463,966 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $2,463,966 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $57,673 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $57,673 | TotalTaxAmt |
| Distributable Before Adj | $2,406,293 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $2,406,293 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $2,406,293 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $850,000 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $850,000 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $2,406,293 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr4 | $34,194,272 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $3,917,060 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $2,326,078 | ExcessDistributionCyovYr2Amt |
| Total Excess Distribution Cyov | $40,437,410 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $850,000 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $850,000 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $1,556,293 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $1,556,293 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $38,881,117 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $38,881,117 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $32,637,979 | ExcessFromYear4Amt |
| Excess From Year3 | $3,917,060 | ExcessFromYear3Amt |
| Excess From Year2 | $2,326,078 | ExcessFromYear2Amt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | MILTON S MALTZ | ContributingManagerNm |
| Contributing Manager | THELMA MALTZ | ContributingManagerNm |
| Contributing Manager | JULIE KONIGSBERG | ContributingManagerNm |
| Contributing Manager | DANIEL MALTZ | ContributingManagerNm |
| Contributing Manager | DAVID MALTZ | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (3 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| CLEVELAND PLAY HOUSE | |||||||
| 1901 EAST 13TH STREET SUITE 200 | CLEVELAND | OH | 44114 | NONE; PUBLIC CHARITY | PC | DEBT REDUCTION | $250,000 |
| DOCTORS WITHOUT BORDERS | |||||||
| 40 RECTOR STREET 16TH FLOOR | NEW YORK | NY | 10006 | NONE; PUBLIC CHARITY | PC | NUTRITION PROGRAMS IN AFRICA | $550,000 |
| OCEAN VOYAGES INSTITUTE | |||||||
| 1709 BRIDGEWAY | SAUSALITO | CA | 94965 | NONE; PUBLIC CHARITY | PC | PROJECT SUPPORT | $50,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $850,000 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $4 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $1,286,105 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $3,153,460 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp (9 entries)
| DescDesc | ExclusionExclusionCd | ExclusionExclusionAmt | BusinessBusinessCd |
|---|---|---|---|
| BNY MELLON CLASS ACTION SETTLEMENT | 14 | $209 | |
| ENTERPRISE PRODUCTS PARTNERS LP | 14 | -$64 | 523000 |
| ENTERPRISE PRODUCTS PARTNERS LP | 14 | -$269 | 523000 |
| ENTERPRISE PRODUCTS PARTNERS LP- NONDEDUCTIBLE EXPENSES | 14 | $4,383 | 523000 |
| ENTERPRISE PRODUCTS PARTNERS LP- NONDEDUCTIBLE EXPENSES | 14 | -$6,651 | 523000 |
| GENESIS ENERGY LP | 14 | $1,847 | 523000 |
| GENESIS ENERGY LP | 14 | $768 | 523000 |
| PRIMUS HIGH YIELD BOND FUND | 14 | $328 | |
| THE SILCHESTER INTL INVESTORS | 14 | $13,382 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $4,453,502 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $4,453,502 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $16,500 | Amt |
| Net Investment Income | $16,500 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (5 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| FIRST REPUBLIC CORPORATE BOND | $1,500,033 | $1,534,477 |
| KARPUS FIXED INCOME | $610,135 | $651,768 |
| PIMCO MUTUAL FUNDS | $3,354,435 | $3,278,427 |
| PRIMUS BONDS | $15,588 | $0 |
| US BANK 9935 CORPORATE BONDS | $753,501 | $727,211 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (4 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| BANK OF NEW YORK EQUITIES | $10,856,193 | $17,614,099 |
| FIRST REPUBLIC EQUITIES | $1,303,555 | $2,484,428 |
| KARPUS EQUITIES | $8,372,658 | $9,050,567 |
| US BANK 9935 EQUITIES | $2,659,905 | $3,177,032 |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $90,826 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $101,357 | USGovtObligationsEOYFMVAmt |
| State Local Sec Book Vl EOY | $0 | StateLocalSecBookVlEOYAmt |
| State Local Sec EOYFMV | $0 | StateLocalSecEOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (5 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| FPA CRESCENT | AT COST | $4,043,586 | $4,562,095 |
| ITHAN CREEK | AT COST | $343,196 | $956,287 |
| OZ SCULPTOR OVERSEAS | AT COST | $241,323 | $17,095 |
| SILCHESTER | AT COST | $8,175,627 | $7,975,392 |
| STATE OF ISRAEL BONDS | AT COST | $400,000 | $400,000 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | UNREALIZED INVESTMENT ACTIVITY - KARPUS I & II | Desc |
| Amt | $44,473 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| LICENSE | $328 | $328 | $0 |
| REIMBURSED MANAGEMENT EXPENSES | $12,502 | $12,502 | $0 |
| SUBSCRIPTIONS | $50 | $50 | $0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (9 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| BNY MELLON CLASS ACTION SETTLEMENT | $209 | $209 | $209 |
| ENTERPRISE PRODUCTS PARTNERS LP | -$64 | -$64 | -$64 |
| ENTERPRISE PRODUCTS PARTNERS LP | -$269 | -$269 | -$269 |
| ENTERPRISE PRODUCTS PARTNERS LP- NONDEDUCTIBLE EXPENSES | $4,383 | $4,383 | |
| ENTERPRISE PRODUCTS PARTNERS LP- NONDEDUCTIBLE EXPENSES | -$6,651 | -$6,651 | |
| GENESIS ENERGY LP | $1,847 | $1,847 | $1,847 |
| GENESIS ENERGY LP | $768 | $768 | |
| PRIMUS HIGH YIELD BOND FUND | $328 | $328 | $328 |
| THE SILCHESTER INTL INVESTORS | $13,382 | $13,382 | $13,382 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail (4 entries)
| DescDesc | AmtAmt |
|---|---|
| OTHER UNREALIZED INVESTMENT ACTIVITY MISCELLANEOUS | $18,115 |
| UNREALIZED INVESTMENT ACTIVITY - FIRST REPUBLIC | $489 |
| UNREALIZED INVESTMENT ACTIVITY - US BANK 9935 | $16,234 |
| UNREALIZED INVESTMENT ACTIVITY - BANK OF NEW YORK | $37,277 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (7 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| INVESTMENT ADVISORY FEES: BANK OF NEW YORK | $56,615 | $55,620 | $0 |
| INVESTMENT ADVISORY FEES: FIRST REPUBLIC | $20 | $20 | $0 |
| INVESTMENT ADVISORY FEES: KARPUS | $73,657 | $73,286 | $0 |
| INVESTMENT ADVISORY FEES: OZ OVERSEAS FUND | $174 | $174 | $0 |
| INVESTMENT ADVISORY FEES: PRIMUS | $3,976 | $3,976 | $0 |
| INVESTMENT ADVISORY FEES: SILCHESTER INTERNATIONAL INV. | $82,467 | $82,467 | $0 |
| INVESTMENT ADVISORY FEES: US BANK 9935 | $16,258 | $16,258 | $0 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (4 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| FEDERAL TAXES | $0 | $0 | $0 |
| FLORIDA TAXES | $61 | $61 | $0 |
| OHIO TAXES | $200 | $200 | $0 |
| FOREIGN TAXES | $36,944 | $36,944 | $0 |
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