JANET TRAEGER SALZ CHARITABLE TRUST: Form 990PF, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- JANET TRAEGER SALZ CHARITABLE TRUST (EIN 35-7144794)
- Tax period
- 2024-01-01 to 2024-12-31
- Filed
- 2025-07-16
- IRS object ID
- 202501979349100305
- Schema version
- 2024v5.2
- 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
- Gain Loss Sale Other Assets Sch
- Investments Other Schedule2
- Legal Fees Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-07-16T07:58:27-07:00 | ReturnTs |
| Tax Period End | 2024-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 361453176 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | McDermott Will & Emery LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 444 W Lake St Ste 4000 | AddressLine1Txt |
| City | Chicago | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60606 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2024-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 357144794 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Janet Traeger Salz Charitable Trust | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | JANE | BusinessNameControlTxt |
| Phone | 2125475371 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | c/o McDermott Will Emery LLP 1 Vand | AddressLine1Txt |
| City | New York | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10017 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Carlyn S McCaffrey | PersonNm |
| Person Title | Trustee | PersonTitleTxt |
| Phone | 2125475371 | PhoneNum |
| Signature | 2025-07-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (true) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Jay E Rivlin | PreparerPersonNm |
| PTIN | P01314851 | PTIN |
| Phone | 2125475400 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $14,543,411 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $66,390 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $66,390 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $296,130 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $296,130 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | -$514,384 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $4,142,432 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $0 | CapGainNetIncmNetInvstIncmAmt |
| Net ST Capital Gain Adj Net Incm | $0 | NetSTCapitalGainAdjNetIncmAmt |
| Gross Profit Rev And Expnss | $0 | GrossProfitRevAndExpnssAmt |
| Other Income Rev And Expnss | $4 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $4 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | -$151,860 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $362,524 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $0 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $42,224 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $21,112 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $21,112 | CompOfcrDirTrstDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $58,653 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $29,327 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $29,326 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $0 | AccountingFeesRevAndExpnssAmt |
| Other Prof Fees Rev And Expnss | $0 | OtherProfFeesRevAndExpnssAmt |
| Taxes Rev And Expnss | $0 | TaxesRevAndExpnssAmt |
| Deprec And Dpltn Rev And Expnss | $0 | DeprecAndDpltnRevAndExpnssAmt |
| Other Expenses Rev And Expnss | $3,060 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $60 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $3,000 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $103,937 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $50,499 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $53,438 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $850,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $850,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $953,937 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $50,499 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $903,438 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$1,105,797 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $312,025 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $1,712,349 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $5,158,213 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $5,158,213 | SavAndTempCashInvstEOYFMVAmt |
| Rcvbl From Officers EOY | $0 | RcvblFromOfficersEOYAmt |
| Other Nts And Loans Rcvbl EOY | $0 | OtherNtsAndLoansRcvblEOYAmt |
| US Government Obligations BOY | $0 | USGovernmentObligationsBOYAmt |
| Corporate Stock BOY | $1,051,999 | CorporateStockBOYAmt |
| Land Bldg Investments EOY | $0 | LandBldgInvestmentsEOYAmt |
| Other Investments BOY | $11,481,820 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $8,019,511 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $9,385,198 | OtherInvestmentsEOYFMVAmt |
| Land EOY | $0 | LandEOYAmt |
| Other Assets BOY | $0 | OtherAssetsBOYAmt |
| Other Assets EOY | $0 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $0 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $14,246,168 | TotalAssetsBOYAmt |
| Total Assets EOY | $13,177,724 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $14,543,411 | TotalAssetsEOYFMVAmt |
| Loans From Officers EOY | $0 | LoansFromOfficersEOYAmt |
| Mortgages And Notes Payable EOY | $0 | MortgagesAndNotesPayableEOYAmt |
| Other Liabilities BOY | $0 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $0 | OtherLiabilitiesEOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $14,246,168 | CapitalStockBOYAmt |
| Capital Stock EOY | $13,177,724 | CapitalStockEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $14,246,168 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $13,177,724 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $14,246,168 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $13,177,724 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $14,246,168 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$1,105,797 | ExcessRevenueOverExpensesAmt |
| Other Increases | $37,353 | OtherIncreasesAmt |
| Subtotal | $13,177,724 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $13,177,724 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (7 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | DepreciationDepreciationAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | FMV As Of123169FMVAsOf123169Amt | Adjusted Basis As Of123169AdjustedBasisAsOf123169Amt | Excess FMV Over Adjusted BssExcessFMVOverAdjustedBssAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 14,243.276 shares of PIMCO Income Fund | P | 2024-04-01 | 2024-04-22 | $148,130 | $0 | $148,351 | -$221 | $0 | $0 | $0 | -$221 |
| 31,979 shares AT&T Inc. | P | 2021-05-12 | 2024-01-16 | $523,909 | $0 | $768,238 | -$244,329 | $0 | $0 | $0 | -$244,329 |
| 16,694.006 shares Nuveen Credit Income Fd Cl A-3 | P | 2015-08-03 | 2024-01-16 | $109,005 | $0 | $138,209 | -$29,204 | $0 | $0 | $0 | -$29,204 |
| 233,400.991 shares of PIMCO Income Fund | P | 2023-04-03 | 2024-04-22 | $2,427,364 | $0 | $2,788,843 | -$361,479 | $0 | $0 | $0 | -$361,479 |
| 2,200 shares Vanguard Total Stock Market ETF | P | 2019-10-03 | 2024-01-17 | $513,501 | $0 | $329,719 | $183,782 | $0 | $0 | $0 | $183,782 |
| 7,736 shares Warner Bros. Discovery Inc. Ser A | P | 2021-05-12 | 2024-01-16 | $79,394 | $0 | $235,724 | -$156,330 | $0 | $0 | $0 | -$156,330 |
| 27,930 shares Whitestone REIT | P | 2021-02-19 | 2024-01-16 | $340,714 | $0 | $247,733 | $92,981 | $0 | $0 | $0 | $92,981 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -$514,800 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | -$221 | NetShortTermCapitalGainLossAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $4,337 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $4,337 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $4,337 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $38 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $4,299 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $4,337 | TotalPaymentsAndCreditsAmt |
| Original Return Tax Paid | $4,337 | OriginalReturnTaxPaidAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $231 | EsPenaltyAmt |
| Tax Due | $231 | TaxDueAmt |
| Applied To ES Tax | $0 | 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 | 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 | NY | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | 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 | McDermott Will & Emery LLP | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2125475400 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1 Vanderbilt Avenue | AddressLine1Txt |
| City | New York | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10017 | 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 | false | 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 | 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 (2 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 |
|---|---|---|---|---|---|---|---|---|
| Carlyn S McCaffrey | ||||||||
| c/o MWE LLP 1 Vanderbilt Avenue | New York | NY | 10017 | Trustee | 0.50 | $21,112 | $0 | $0 |
| William Robbins | ||||||||
| c/o MWE LLP 1 Vanderbilt Avenue | New York | NY | 10017 | Trustee | 0.50 | $21,112 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | McDermott Will & Emery LLP | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1 Vanderbilt Avenue | AddressLine1Txt |
| City | New York | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10017 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | Legal Counsel | ServiceTypeTxt |
| Compensation | $58,653 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Paid Over50k | 58653 | ContractorPaidOver50kCnt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | None | Description1Txt |
| Expenses1 | $0 | Expenses1Amt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | None | Description1Txt |
| Expenses1 | $0 | Expenses1Amt |
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $8,634,406 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $3,648,064 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $12,282,470 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Adjusted Total FMV Of Unused Ast | $12,282,470 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $184,237 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $12,098,233 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $604,912 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $604,912 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $4,337 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $4,337 | TotalTaxAmt |
| Distributable Before Adj | $600,575 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $600,575 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $600,575 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $903,438 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $903,438 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $600,575 | DistributableAsAdjustedAmt |
| Excess Distribution Cyov Yr5 | $636,682 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $1,198,204 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $497,660 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $213,994 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $139,779 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $2,686,319 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $903,438 | QualifyingDistributionsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $600,575 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $302,863 | RemainingDistriFromCorpusAmt |
| Total Corpus | $2,989,182 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov From Yr5 | $636,682 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $2,352,500 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $1,198,204 | ExcessFromYear4Amt |
| Excess From Year3 | $497,660 | ExcessFromYear3Amt |
| Excess From Year2 | $213,994 | ExcessFromYear2Amt |
| Excess From Year1 | $139,779 | ExcessFromYear1Amt |
| Excess From Current Year | $302,863 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | None | ContributingManagerNm |
| Shareholder Manager | None | ShareholderManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (12 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| Guide Dog Foundation for the Blind Inc | ||||||
| 371 E Jericho Turnpike | Smithtown | NY | 11787 | PC | Guide dogtraining | $50,000 |
| Save Our Strays Inc | ||||||
| PO Box 1286 | Brooklyn | NY | 11202 | PC | Medical care &adoption ofuncared for animals | $100,000 |
| The Animal Medical Center | ||||||
| 510 East 62nd Street | New York | NY | 10065 | PC | General purposes | $50,000 |
| Children's Rights Inc | ||||||
| 88 Pine Street Suite 800 | New York | NY | 10005 | PC | General purposes | $50,000 |
| The New York Botanical Garden | ||||||
| 2900 Southern Boulevard | Bronx | NY | 10458 | PC | General purposes | $100,000 |
| Vizcaya Museum and Gardens Trust Inc | ||||||
| 3251 South Miami Avenue | Miami | FL | 33129 | PC | General purposes | $100,000 |
| New York-Presbyterian Fund Inc | ||||||
| 525 East 68th Street Payson 122 | New York | NY | 10065 | PC | General purposes | $100,000 |
| The Raymond F Kravis Center for the Performing Arts Inc | ||||||
| 701 Okeechobee Blvd | West Palm Beach | FL | 33401 | PC | Sponsorship ofS*T*A*R EducationalSeries | $100,000 |
| Florida Grand Opera | ||||||
| 8390 NW 25th Street | Miami | FL | 33122 | PC | General purposes | $50,000 |
| Miami City Ballet Inc | ||||||
| 2200 Liberty Avenue | Miami Beach | FL | 33139 | PC | CommunityEngagementProgram | $50,000 |
| Alzheimer's Drug Discovery Foundation | ||||||
| 57 West 57th Street 904 | New York | NY | 10019 | PC | General Purposes | $50,000 |
| Dreyfoos School of the Arts Foundation Inc | ||||||
| PO Box 552 | West Palm Beach | FL | 33402 | pc | General Purposes | $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 | $66,390 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $296,130 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | -$514,384 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | -$151,864 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | -$151,864 | 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 |
Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch
Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp (3 entries)
| AssetAssetDesc | How AcquiredHowAcquiredTxt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | BasisBasisAmt | Total NetTotalNetAmt |
|---|---|---|---|---|---|
| Unrelated third party | |||||
| Whitestone REIT capital gain distribution | Purchased | 2024-01 | $416 | $0 | $416 |
| Unrelated third parties | |||||
| Short term capital loss from Form 1099 | Purchased | $148,130 | $148,351 | -$221 | |
| Unrelated third parties | |||||
| Long term capital loss from Form 1099 | Purchased | $3,993,886 | $4,508,465 | -$514,579 | |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (4 entries)
| Category Or ItemCategoryOrItemTxt | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| 9,184.747 shares Vanguard 500 Index Fund Adm shares | $3,989,303 | $4,985,113 |
| 7,764 shares Vanguard Total Stock Market ETF | $1,880,208 | $2,250,085 |
| Oil painting on canvas titled Les Canotiers Chatou by Maurice de Vlaminck | $2,000,000 | $2,000,000 |
| Bronze sculpture titled Hermaphrodite by Ossip Zadkine | $150,000 | $150,000 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | McDermott Will & Emery LLP Legal fees and disbursements | CategoryTxt |
| Legal Fees | $58,653 | LegalFeesAmt |
| Net Investment Income | $29,327 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $29,326 | DisbursementsCharitablePrpsAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| Publication fee | $170 | $170 | |
| Bank charges | $120 | $60 | $60 |
| Artwork insurance | $2,770 | $2,770 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | MIscellaneous receipt | Desc |
| Revenue And Expenses Per Books | $4 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $4 | NetInvestmentIncomeAmt |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail (2 entries)
| DescDesc | AmtAmt |
|---|---|
| Book/tax timing difference | $6,752 |
| Book/tax basis difference | $30,601 |
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