MILTON & TAMAR MALTZ FAMILY FOUNDATION INC: Form 990PF, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- MILTON & TAMAR MALTZ FAMILY FOUNDATION INC (EIN 65-0164300)
- Tax period
- 2020-01-01 to 2020-12-31
- Filed
- 2021-11-11
- IRS object ID
- 202103159349101850
- Schema version
- 2020v4.1
- 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 Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2021-11-11T09:55:59-06:00 | ReturnTs |
| Tax Period End | 2020-12-31 | 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 | 2020-01-01 | 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 NO 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 | 2021-11-11 | 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 | 2021-11-11 | 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 | 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 | $49,924,624 | 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 | $8,443 | ContriRcvdRevAndExpnssAmt |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $10 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $10 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $1,225,045 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $1,199,945 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $893,356 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $6,665,152 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $893,356 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $4,631 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $4,664 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $2,131,485 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $2,097,975 | 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 | $12,750 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $12,750 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $0 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $188,173 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $184,973 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $80,184 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $32,001 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $9,156 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $9,156 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $0 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $290,263 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $238,880 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $442,500 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $442,500 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $732,763 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $238,880 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $442,500 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $1,398,722 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $1,859,095 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $5,559,737 | CashBOYAmt |
| Cash EOY | $1,077,509 | CashEOYAmt |
| Cash EOYFMV | $1,077,509 | CashEOYFMVAmt |
| Other Nts And Loans Rcvbl | $1,500,000 | OtherNtsAndLoansRcvblAmt |
| Other Rcvbl Allwnc Dbtfl Acct | $0 | OtherRcvblAllwncDbtflAcctAmt |
| Other Nts And Loans Rcvbl BOY | $0 | OtherNtsAndLoansRcvblBOYAmt |
| Other Nts And Loans Rcvbl EOY | $1,500,000 | OtherNtsAndLoansRcvblEOYAmt |
| Other Nts And Loans Rcvbl EOYFMV | $1,500,000 | OtherNtsAndLoansRcvblEOYFMVAmt |
| US Government Obligations BOY | $223,304 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $459,016 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $514,914 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $14,591,155 | CorporateStockBOYAmt |
| Corporate Stock EOY | $19,222,078 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $24,486,585 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $9,494,230 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $8,932,300 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $9,329,795 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $11,985,036 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $12,210,522 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $13,015,821 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $41,853,462 | TotalAssetsBOYAmt |
| Total Assets EOY | $43,401,425 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $49,924,624 | 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 | $40,853,462 | RetainedEarningBOYAmt |
| Retained Earning EOY | $42,401,425 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $41,853,462 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $43,401,425 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $41,853,462 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $43,401,425 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $41,853,462 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $1,398,722 | ExcessRevenueOverExpensesAmt |
| Other Increases | $149,241 | OtherIncreasesAmt |
| Subtotal | $43,401,425 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $43,401,425 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (15 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 | $756,636 | $594,152 | $162,484 | $162,484 |
| BANK OF NEW YORK ST | P | $172,880 | $149,770 | $23,110 | $23,110 |
| FIRST REPUBLIC SECURITIES COMPANY,LLC | P | $14 | $6 | $8 | $8 |
| GENESIS ENERGY | P | $8 | $8 | $8 | |
| ITHAN CREEK | P | $83,360 | $83,360 | $83,360 | |
| PRIMUS HIGH YIELD BOND FUND LP | P | $257 | $257 | $257 | |
| PRIMUS HIGH YIELD BOND FUND LP | P | $10,369 | -$10,369 | -$10,369 | |
| SCULPTOR | P | $19,545 | -$19,545 | -$19,545 | |
| THE SILCHESTER INTERNATIONAL | P | $9,369 | -$9,369 | -$9,369 | |
| THE SILCHESTER INTERNATIONAL | P | $68,773 | $68,773 | $68,773 | |
| US BANK KARPUS 1380 LT | P | $1,399,425 | $1,264,582 | $134,843 | $134,843 |
| US BANK KARPUS 1380 ST | P | $1,099,420 | $1,034,814 | $64,606 | $64,606 |
| US BANK KARPUS 4260 LT | P | $1,127,148 | $1,175,192 | -$48,044 | -$48,044 |
| US BANK KARPUS 4260 ST | P | $1,598,192 | $1,513,997 | $84,195 | $84,195 |
| CAPITAL GAINS DIVIDENDS | P | $359,039 | $359,039 | $359,039 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $893,356 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $25,841 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $25,841 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $25,841 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $57,960 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $57,960 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $32,119 | OverpaymentAmt |
| Applied To ES Tax | $32,119 | 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 | $41,462,392 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $3,776,271 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $1,500,000 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $46,738,663 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $46,738,663 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $701,080 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $46,037,583 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $2,301,879 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $2,301,879 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $25,841 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $25,841 | TotalTaxAmt |
| Distributable Before Adj | $2,276,038 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $2,276,038 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $2,276,038 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $442,500 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $442,500 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $442,500 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $2,276,038 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr3 | $36,027,810 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $3,917,060 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $2,326,078 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $42,270,948 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $442,500 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $442,500 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $1,833,538 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $1,833,538 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $40,437,410 | 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 | $40,437,410 | ExcessDistriCyovToNextYrAmt |
| Excess From Year3 | $34,194,272 | ExcessFromYear3Amt |
| Excess From Year2 | $3,917,060 | ExcessFromYear2Amt |
| Excess From Year1 | $2,326,078 | ExcessFromYear1Amt |
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 (10 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 |
| COLUMBIA UNIVERSITY | |||||||
| 516 WEST 168TH STREET 3RD FLOOR | NEW YORK | NY | 10032 | NONE; PUBLIC CHARITY | PC | RESTRICTED SUPPORT | $5,500 |
| DIVERSITY CENTER OF NORTHEAST OHIO | |||||||
| 3659 GREEN RD SUITE 220 | CLEVELAND | OH | 44122 | NONE; PUBLIC CHARITY | PC | UNRESTRICTED SUPPORT | $10,000 |
| FRIENDSHIP CIRCLE OF CLEVELAND INC | |||||||
| 27900 GATES MILLS BOULEVARD | PEPPER PIKE | OH | 44124 | NONE; PUBLIC CHARITY | PC | UNRESTRICTED SUPPORT | $10,000 |
| JEWISH FEDERATION OF PALM BEACH COUNTY | |||||||
| 4601 COMMUNITY DRIVE | WEST PALM BEACH | FL | 33417 | NONE; PUBLIC CHARITY | PC | ANNUAL SUPPORT | $15,000 |
| MALTZ JUPTER THEATRE | |||||||
| 1001 EAST INDIANTOWN RD | JUPITER | FL | 33417 | NONE; PUBLIC CHARITY | PC | UNRESTRICTED SUPPORT | $7,000 |
| MALTZ MUSEUM OF JEWISH HERITAGE | |||||||
| 2929 RICHMOND ROAD | BEACHWOOD | OH | 44122 | NONE; PUBLIC CHARITY | PC | UNRESTRICTED SUPPORT | $50,000 |
| MUSICAL ARTS ASSOCIATION | |||||||
| 11001 EUCLID AVENUE | CLEVELAND | OH | 44106 | NONE; PUBLIC CHARITY | PC | EXTRAORDINARY CHALLENGE MATCH | $50,000 |
| OCEAN VOYAGES INSTITUTE | |||||||
| 1709 BRIDGEWAY | SAUSALITO | CA | 94965 | NONE; PUBLIC CHARITY | PC | PROJECT SUPPORT | $40,000 |
| VALUES-IN-ACTION FOUNDATION | |||||||
| 6700 BETA DR STE 120 | CLEVELAND | OH | 44143 | NONE; PUBLIC CHARITY | PC | UNRESTRICTED SUPPORT | $5,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $442,500 | 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 | $10 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $1,225,045 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $893,356 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp (8 entries)
| DescDesc | BusinessBusinessCd | ExclusionExclusionCd | ExclusionExclusionAmt |
|---|---|---|---|
| ENTERPRISE PRODUCTS PARTNERS LP | 523000 | 14 | $472 |
| ENTERPRISE PRODUCTS PARTNERS LP- NONDEDUCTIBLE EXPENSES | 523000 | 14 | -$12 |
| ENTERPRISE PRODUCTS PARTNERS LP | 523000 | 14 | -$9,648 |
| ENTERPRISE PRODUCTS PARTNERS LP- NONDEDUCTIBLE EXPENSES | 523000 | 14 | -$9 |
| GENESIS ENERGY LP | 523000 | 14 | -$5,218 |
| GENESIS ENERGY LP- NONDEDUCTIBLE EXPENSES | 523000 | 14 | -$12 |
| PRIMUS HIGH YIELD BOND FUND | 14 | $226 | |
| THE SILCHESTER INTL INVESTORS | 14 | $18,832 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $2,123,042 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $2,123,042 | 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 | $12,750 | Amt |
| Net Investment Income | $12,750 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (5 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| JP MORGAN CORPORATE BONDS | $2,281,828 | $2,432,612 |
| KARPUS FIXED INCOME | $2,134,040 | $2,365,157 |
| PIMCO MUTUAL FUNDS | $3,274,453 | $3,280,514 |
| PRIMUS BONDS | $471,314 | $481,454 |
| US BANK 9935 CORPORATE BONDS | $770,665 | $770,058 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (4 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| BANK OF NEW YORK EQUITIES | $10,245,505 | $14,053,348 |
| JP MORGAN EQUITIES | $1,108,818 | $1,828,397 |
| KARPUS EQUITIES | $5,267,744 | $5,968,915 |
| US BANK 9935 EQUITIES | $2,600,011 | $2,635,925 |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $459,016 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $514,914 | 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 | $3,560,161 | $3,961,140 |
| ITHAN CREEK | AT COST | $449,666 | $1,190,141 |
| OZ SCULPTOR OVERSEAS | AT COST | $237,266 | $22,895 |
| SILCHESTER | AT COST | $7,563,429 | $7,441,645 |
| STATE OF ISRAEL BONDS | AT COST | $400,000 | $400,000 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| LICENSE | $319 | $319 | $0 |
| REIMBURSED MANAGEMENT EXPENSES | $8,443 | $8,443 | $0 |
| SUBSCRIPTIONS | $394 | $394 | $0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (8 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| ENTERPRISE PRODUCTS PARTNERS LP | $472 | $472 | $472 |
| ENTERPRISE PRODUCTS PARTNERS LP- NONDEDUCTIBLE EXPENSES | -$12 | -$12 | |
| ENTERPRISE PRODUCTS PARTNERS LP | -$9,648 | -$9,648 | -$9,648 |
| ENTERPRISE PRODUCTS PARTNERS LP- NONDEDUCTIBLE EXPENSES | -$9 | -$9 | |
| GENESIS ENERGY LP | -$5,218 | -$5,218 | -$5,218 |
| GENESIS ENERGY LP- NONDEDUCTIBLE EXPENSES | -$12 | -$12 | |
| PRIMUS HIGH YIELD BOND FUND | $226 | $226 | $226 |
| THE SILCHESTER INTL INVESTORS | $18,832 | $18,832 | $18,832 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail (4 entries)
| DescDesc | AmtAmt |
|---|---|
| OTHER UNREALIZED INVESTMENT ACTIVITY MISCELLANEOUS | $6,990 |
| UNREALIZED INVESTMENT ACTIVITY - BANK OF NEW YORK | $53,773 |
| UNREALIZED INVESTMENT ACTIVITY - JP MORGAN PREF | $70,822 |
| UNREALIZED INVESTMENT ACTIVITY - KARPUS I & II | $17,656 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (6 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| INVESTMENT ADVISORY FEES: BANK OF NEW YORK | $55,578 | $55,578 | $0 |
| INVESTMENT ADVISORY FEES: JP MORGAN | $10 | $10 | $0 |
| INVESTMENT ADVISORY FEES: KARPUS | $63,167 | $59,967 | $0 |
| INVESTMENT ADVISORY FEES: OZ OVERSEAS FUND | $228 | $228 | $0 |
| INVESTMENT ADVISORY FEES: PRIMUS | $3,960 | $3,960 | $0 |
| INVESTMENT ADVISORY FEES: SILCHESTER INTERNATIONAL INV. | $65,230 | $65,230 | $0 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (4 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| FEDERAL TAXES | $48,183 | $0 | $0 |
| FLORIDA TAXES | $61 | $61 | $0 |
| FOREIGN TAXES | $31,715 | $31,715 | $0 |
| OHIO TAXES | $225 | $225 | $0 |
Comments