LBRB FUND INC: Form 990PF, tax year 2020

View the entire original 990 at ProPublica ↗

Organization: LBRB FUND INC (EIN 83-3127396)
Tax period: 2020-01-01 to 2020-12-31
Filed: 2021-04-12
IRS object ID: 202101029349101205
Schema version: 2020v4.0
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990-PF
Other Expenses Schedule
Taxes Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2021-04-12T16:46:03-07:00	ReturnTs
Tax Period End	2020-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	223572809	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	Alperin Nebbia & Associates CPA PA	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	375 Passaic Avenue Suite 200	AddressLine1Txt
City	Fairfield	CityNm
State Abbreviation	NJ	StateAbbreviationCd
ZIP	07004	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnTypeCd
Tax Period Begin	2020-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	833127396	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	LBRB Fund Inc	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	LBRB	BusinessNameControlTxt
Phone	9738088801	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	c/o Alperin Nebbia 375 Passaic Ave	AddressLine1Txt
City	Fairfield	CityNm
State Abbreviation	NJ	StateAbbreviationCd
ZIP	07004	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	Fareed Zakaria	PersonNm
Person Title	Trustee	PersonTitleTxt
Signature	2021-04-12	SignatureDt
Discuss With Paid Preparer	Yes (true)	DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

Field	Value	IRS element (for citing)
Person First	Fareed	PersonFirstNm
Person Last	Zakaria	PersonLastNm

Field	Value	IRS element (for citing)
SSN	999009999	SSN

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	Steven J Alperin	PreparerPersonNm
PTIN	P00108095	PTIN
Phone	9738088801	PhoneNum

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

Field	Value	IRS element (for citing)
Trusted Customer	2	TrustedCustomerCd
Authentication Assurance Level	AAL1	AuthenticationAssuranceLevelCd
Identity Assurance Level	IAL1	IdentityAssuranceLevelCd
Federated Assurance Level	FAL1	FederatedAssuranceLevelCd

Field	Value	IRS element (for citing)
Tax	2020	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	$5,818,970	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	$1,576,093	ContriRcvdRevAndExpnssAmt
Schedule B Not Required	Yes (X)	ScheduleBNotRequiredInd
Dividends Rev And Expnss	$82,471	DividendsRevAndExpnssAmt
Dividends Net Invst Incm	$82,471	DividendsNetInvstIncmAmt
Dividends Adj Net Incm	$82,471	DividendsAdjNetIncmAmt
Net Gain Sale Ast Rev And Expnss	$65,631	NetGainSaleAstRevAndExpnssAmt
Gross Sales Price	$100,000	GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm	$65,631	CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss	$1,724,195	TotalRevAndExpnssAmt
Total Net Invst Incm	$148,102	TotalNetInvstIncmAmt
Total Adj Net Incm	$82,471	TotalAdjNetIncmAmt
Taxes Rev And Expnss	$662	TaxesRevAndExpnssAmt
Taxes Dsbrs Chrtbl	$662	TaxesDsbrsChrtblAmt
Other Expenses Rev And Expnss	$40	OtherExpensesRevAndExpnssAmt
Other Expenses Dsbrs Chrtbl	$40	OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss	$702	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$0	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$702	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$96,660	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$96,660	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$97,362	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$0	TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl	$97,362	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	$1,626,833	ExcessRevenueOverExpensesAmt
Net Investment Income	$148,102	NetInvestmentIncomeAmt
Adjusted Net Income	$82,471	AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Cash EOY	$2,640	CashEOYAmt
Cash EOYFMV	$2,640	CashEOYFMVAmt
Other Investments BOY	$3,331,548	OtherInvestmentsBOYAmt
Other Investments EOY	$5,816,330	OtherInvestmentsEOYAmt
Other Investments EOYFMV	$5,816,330	OtherInvestmentsEOYFMVAmt
Total Assets BOY	$3,331,548	TotalAssetsBOYAmt
Total Assets EOY	$5,818,970	TotalAssetsEOYAmt
Total Assets EOYFMV	$5,818,970	TotalAssetsEOYFMVAmt
Total Liabilities EOY	$0	TotalLiabilitiesEOYAmt
Organization Follows FASB117	Yes (X)	OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY	$3,331,548	NoDonorRstrNetAssestsBOYAmt
Tot Net Ast Or Fund Balances BOY	$3,331,548	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$5,818,970	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$3,331,548	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$5,818,970	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$3,331,548	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	$1,626,833	ExcessRevenueOverExpensesAmt
Other Increases	$860,589	OtherIncreasesAmt
Subtotal	$5,818,970	SubtotalAmt
Tot Net Ast Or Fund Balances EOY	$5,818,970	TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp

Field	Value	IRS element (for citing)
Property	Charles Schwab - Sch Avail	PropertyDesc
How Acquired	P	HowAcquiredCd
Acquired	2005-04-11	AcquiredDt
Sold	2020-11-11	SoldDt
Gross Sales Price	$100,000	GrossSalesPriceAmt
Cost Or Other Basis	$34,369	CostOrOtherBasisAmt
Gain Or Loss	$65,631	GainOrLossAmt
Gains Minus Excess Or Losses	$65,631	GainsMinusExcessOrLossesAmt

Field	Value	IRS element (for citing)
Capital Gain Net Income	$65,631	CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Investment Income Excise Tax	$2,059	InvestmentIncomeExciseTaxAmt
Subtotal	$2,059	SubtotalAmt
Tax Based On Investment Income	$2,059	TaxBasedOnInvestmentIncomeAmt
Tax Due	$2,059	TaxDueAmt

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	DE	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	Steven Alperin	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	9738088801	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	375 Passaic Avenue	AddressLine1Txt
City	Fairfield	CityNm
State Abbreviation	NJ	StateAbbreviationCd
ZIP	07004	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	false	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
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
Fareed Zakaria
375 Passaic Avenue	Fairfield	NJ	07004	Pres & Director	0.50	$0
Andrew Berman
375 Passaic Avenue	Fairfield	NJ	07004	Treas & Directo	0.50	$0

Field	Value	IRS element (for citing)
Comp Of Hghst Pd Empl Or NONE	NONE	CompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONE	NONE	CompOfHghstPdCntrctOrNONETxt

Minimum Investment Return MinimumInvestmentReturnGrp

Field	Value	IRS element (for citing)
Average Monthly FMV Of Sec	$4,687,528	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$0	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$0	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$4,687,528	TotalFMVOfUnusedAssetsAmt
Reduction Claimed	$0	ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast	$4,687,528	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$70,313	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$4,617,215	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$230,861	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Minimum Investment Return	$230,861	MinimumInvestmentReturnAmt
Tax Based On Investment Income	$2,059	TaxBasedOnInvestmentIncomeAmt
Total Tax	$2,059	TotalTaxAmt
Distributable Before Adj	$228,802	DistributableBeforeAdjAmt
Distributable Before Ded	$228,802	DistributableBeforeDedAmt
Distributable As Adjusted	$228,802	DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$97,362	ExpensesAndContributionsAmt
Qualifying Distributions	$97,362	QualifyingDistributionsAmt
Adjusted Qualifying Distri	$97,362	AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$228,802	DistributableAsAdjustedAmt
Undistributed Income PY	$88,832	UndistributedIncomePYAmt
Qualifying Distributions	$97,362	QualifyingDistributionsAmt
Applied To Year1	$88,832	AppliedToYear1Amt
Treated As Distri From Corpus	$0	TreatedAsDistriFromCorpusAmt
Applied To Current Year	$8,530	AppliedToCurrentYearAmt
Undistributed Income CY	$220,272	UndistributedIncomeCYAmt

Supplementary Information SupplementaryInformationGrp

Field	Value	IRS element (for citing)
Only Contri To Preselected	Yes (X)	OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (6 entries)

Address Line1RecipientUSAddress/AddressLine1Txt	CityRecipientUSAddress/CityNm	State AbbreviationRecipientUSAddress/StateAbbreviationCd	ZIPRecipientUSAddress/ZIPCd	Recipient Foundation StatusRecipientFoundationStatusTxt	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt
Equal Justice Initiative
122 Commerce Street	Montgomery	AL	36104	PC	Exclusively charitable, religious, educational, literary and scientific purposes	$5,150
Int'l Rescue Committee
PO Box 6068	Albert Lea	MN	56007	PC	Exclusively charitable, religious, educational, literary and scientific purposes	$41,200
Jewish National Fund Org
42 East 69th Street	New York	NY	10021	PC	Exclusively charitable, religious, educational, literary and scientific purposes	$5,000
The Against Malaria
310 W 20th Street Suite 300	Kansas City	MO	64108	PC	Exclusively charitable, religious, educational, literary and scientific purposes	$15,000
Sheldrick Wildlife Trust
25283 Cabot Rd Suite 101	Laguna Hills	CA	92653	PC	Exclusively charitable, religious, educational, literary and scientific purposes	$10,010
Wildlife Conservation
2300 Southern Boulevard	Bronx	NY	10460	PC	Exclusively charitable, religious, educational, literary and scientific purposes	$20,300

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$96,660	TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$82,471	ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

Field	Value	IRS element (for citing)
Related Or Exempt Function Incm	$65,631	RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Field	Value	IRS element (for citing)
Exclusion	$82,471	ExclusionAmt
Related Or Exempt Function Incm	$65,631	RelatedOrExemptFunctionIncmAmt

Field	Value	IRS element (for citing)
Total Income Producing Acty	$148,102	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

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp

Field	Value	IRS element (for citing)
Desc	Bank Charges	Desc
Revenue And Expenses Per Books	$40	RevenueAndExpensesPerBooksAmt
Disbursements Charitable Prps	$40	DisbursementsCharitablePrpsAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

Field	Value	IRS element (for citing)
Amt	$662	Amt
Disbursements Charitable Prps	$662	DisbursementsCharitablePrpsAmt

LBRB FUND INC: Form 990PF, tax year 2020

Return header ReturnHeader

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

Preparer US Address PreparerUSAddress

Filer Filer

Business Name BusinessName

US Address USAddress

Business Officer BusinessOfficerGrp

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

Preparer Person PreparerPersonGrp

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

Form 990-PF IRS990PF

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Statements Regarding Acty StatementsRegardingActyGrp

Persons With Books Name PersonsWithBooksName

Location Of Books US Address LocationOfBooksUSAddress

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (2 entries)

Minimum Investment Return MinimumInvestmentReturnGrp

Distributable Amount DistributableAmountGrp

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

Undistributed Income UndistributedIncomeGrp

Supplementary Information SupplementaryInformationGrp

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (6 entries)

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

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