HOWARD E SACHS FOUNDATION INC: Form 990PF, tax year 2020

View the entire original 990 at ProPublica ↗

Organization
HOWARD E SACHS FOUNDATION INC (EIN 58-1704466)
Tax period
2020-01-01 to 2020-12-31
Filed
2021-11-12
IRS object ID
202103169349104415
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 ReturnHeader

FieldValueIRS element (for citing)
Return2021-11-12T14:57:12-06:00ReturnTs
Tax Period End2020-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1HARSHMAN & COMPANY LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11870 BUFORD HIGHWAY SUITE 100AddressLine1Txt
CityDULUTHCityNm
State AbbreviationGAStateAbbreviationCd
ZIP30097ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2020-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN581704466EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Howard E Sachs Foundation IncBusinessNameLine1Txt
FieldValueIRS element (for citing)
In Care Of% HOWARD E SACHSInCareOfNm
Business Name ControlHOWABusinessNameControlTxt
Phone4042520092PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line15915 Riverwood DriveAddressLine1Txt
CityAtlantaCityNm
State AbbreviationGAStateAbbreviationCd
ZIP303283743ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonHOWARD SACHSPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone4042520092PhoneNum
Signature2021-11-12SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstHOWARDPersonFirstNm
Person LastSACHSPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonWILLIAM C HARSHMANPreparerPersonNm
PTINP00107156PTIN
Phone7708041450PhoneNum

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer2TrustedCustomerCd
FieldValueIRS element (for citing)
Tax2020TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$43,925FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$11,000ContriRcvdRevAndExpnssAmt
Dividends Rev And Expnss$371DividendsRevAndExpnssAmt
Dividends Net Invst Incm$371DividendsNetInvstIncmAmt
Total Rev And Expnss$11,371TotalRevAndExpnssAmt
Total Net Invst Incm$371TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$0CompOfcrDirTrstRevAndExpnssAmt
Accounting Fees Rev And Expnss$1,606AccountingFeesRevAndExpnssAmt
Taxes Rev And Expnss$153TaxesRevAndExpnssAmt
Taxes Net Invst Incm$153TaxesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss$1,759TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$153TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$6,960ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$6,960ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$8,719TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$153TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$6,960TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$2,652ExcessRevenueOverExpensesAmt
Net Investment Income$218NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$1,043CashBOYAmt
Cash EOY$12,939CashEOYAmt
Cash EOYFMV$12,939CashEOYFMVAmt
Corporate Stock BOY$5,333CorporateStockBOYAmt
Corporate Stock EOY$5,333CorporateStockEOYAmt
Corporate Stock EOYFMV$30,986CorporateStockEOYFMVAmt
Total Assets BOY$6,376TotalAssetsBOYAmt
Total Assets EOY$18,272TotalAssetsEOYAmt
Total Assets EOYFMV$43,925TotalAssetsEOYFMVAmt
Total Liabilities BOY$0TotalLiabilitiesBOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY$6,376NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY$18,272NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY$6,376TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$18,272TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$6,376TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$18,272TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$6,376TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$2,652ExcessRevenueOverExpensesAmt
Other Increases$9,244OtherIncreasesAmt
Subtotal$18,272SubtotalAmt
Tot Net Ast Or Fund Balances EOY$18,272TotNetAstOrFundBalancesEOYAmt
FieldValueIRS element (for citing)
Cap Gains Loss Tx Invst Incm DetailCapGainsLossTxInvstIncmDetail

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$3InvestmentIncomeExciseTaxAmt
Subtotal$3SubtotalAmt
Tax Based On Investment Income$3TaxBasedOnInvestmentIncomeAmt
Exempt Frgn Org Tax Wthld At Srce$0ExemptFrgnOrgTaxWthldAtSrceAmt
Total Payments And Credits$0TotalPaymentsAndCreditsAmt
Tax Due$3TaxDueAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateGAOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressNONEWebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1HOWARD E SACHSBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone4042520092PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line15915 RIVERWOOD DRIVEAddressLine1Txt
CityATLANTACityNm
State AbbreviationGAStateAbbreviationCd
ZIP303283743ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
HOWARD E SACHS
5915 Riverwood DriveAtlantaGA303283743PRESIDENT0$0$0$0
KATHLEEN SACHS
5915 Riverwood DriveAtlantaGA303283743SECRETARY/TREASURER0$0$0$0
FieldValueIRS element (for citing)
Other Employee Paid Over50k0OtherEmployeePaidOver50kCnt
Contractor Paid Over50k0ContractorPaidOver50kCnt
FieldValueIRS element (for citing)
Summary Of Direct Chrtbl ActySummaryOfDirectChrtblActyGrp
Sum Of Program Related InvstSumOfProgramRelatedInvstGrp

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$0AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$32,810AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$32,810TotalFMVOfUnusedAssetsAmt
Acquisition Indebtedness$0AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast$32,810AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$492CashDeemedCharitableAmt
Net Vl Noncharitable Assets$32,318NetVlNoncharitableAssetsAmt
Minimum Investment Return$1,616MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$1,616MinimumInvestmentReturnAmt
Tax Based On Investment Income$3TaxBasedOnInvestmentIncomeAmt
Total Tax$3TotalTaxAmt
Distributable Before Adj$1,613DistributableBeforeAdjAmt
Distributable Before Ded$1,613DistributableBeforeDedAmt
Distributable As Adjusted$1,613DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$6,960ExpensesAndContributionsAmt
Program Related Invst Total$0ProgramRelatedInvstTotalAmt
Charitable Assets Acquis Paid$0CharitableAssetsAcquisPaidAmt
Set Aside Suitability Test$0SetAsideSuitabilityTestAmt
Set Aside Cash Distri Test$0SetAsideCashDistriTestAmt
Qualifying Distributions$6,960QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm$0PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri$6,960AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$1,613DistributableAsAdjustedAmt
Undistributed Income PY$528UndistributedIncomePYAmt
Prior Year12018PriorYear1Yr
Prior Year22017PriorYear2Yr
Prior Year32016PriorYear3Yr
Excess Distribution Cyov Yr1$0ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$0TotalExcessDistributionCyovAmt
Qualifying Distributions$6,960QualifyingDistributionsAmt
Applied To Year1$528AppliedToYear1Amt
Applied To Current Year$1,613AppliedToCurrentYearAmt
Remaining Distri From Corpus$4,819RemainingDistriFromCorpusAmt
Total Corpus$4,819TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$4,819ExcessDistriCyovToNextYrAmt
Excess From Year1$0ExcessFromYear1Amt
Excess From Current Year$4,819ExcessFromCurrentYearAmt
FieldValueIRS element (for citing)
Private Operating FoundationsPrivateOperatingFoundationsGrp

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerHOWARD E SACHSContributingManagerNm
Shareholder ManagerNONEShareholderManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (12 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
ALZHEIMER'S ASSOCIATION
41 PERIMETER CENTER E 550ATLANTAGA30346NONEPCHELP FIGHT ALZHEIMER'S$180
ST JUDE'S HOSPITAL
5901 PEACHTREE DUNWOODY ROADATLANTAGA30328NONECHILDREN'S CANCER CARE AND RESEARCH$100
WEINSTEIN HOSPICE
3150 HOWELL MILL ROAD NWATLANTAGA30327NONEPCPROVIDING COMFORT AND HOSPICE CARE AT HOME TO PEOPLE WITH LIFE-LIMITING AND END-OF-LIFE ILLNESSES.$250
NATIONAL COALITION SUPPORTING EURASIAN JEWRY
1120 20TH STREET NW 300NWASHINGTONDC20036NONEPCTO SAFEGUARD THE RELIGIOUS AND POLITICAL FREEDMONS OF JEWS IN EASTERN EUROPE AND EURASIA.$5,000
JEWISH FAMILY & CAREER SERVICES
4549 CHAMBLEE DUNWOODY ROADDUNWOODYGA30338NONEPCDEDICATED TO STRENGTHENING & ENRICHING THE LIVES OF INDIVIDUALS, FAMILIES, AND COMMUNITY, BOTH JEWISH AND NON-JEWISH$200
ORT
3495 PIEDMONT ROAD NEATLANTAGA30305NONEPCTEACHES THE SKILLS NEEDED FOR SUCCESS THROUGH A JEWISH EDUCATIONAL NETWORK$500
MULTIPLE SCLEROSIS CENTER OF ATLANTA
3200 DOWNWOOD CIRCLE NW 550ATLANTAGA30327NONEPCDEDICATED TO HELPING PEOPLE WITH MS THROUGH TREATMENT AND RESEARCH$20
LEUKEMIA & LYMPHOMA SOCIETY
2859 PACES FERRY ROAD SE SUITE 725ATLANTAGA30339NONEPCDEDICATED TO CREATING A WORLD WITHOUT BLOOD CANCERS.$150
WOUNDED WARRIOR PROJECT
1349 W PEACHTREE STREET NE SUITE 1ATLANTAGA30309NONEPCTO EMPOWER INJURED VETERANS AND FAMILIES WHO INCURRED A PHYSICAL OR MENTAL INJURY OR ILLNESS.$60
THE WILLIAM BREMAN JEWISH HOME
3150 HOWELL MILL ROAD NWATLANTAGA30327NONEPCNURSING HOME PROVIDING QUALITY OF LIFE AND LONG-TERM CARE FOR THOSE WHO REQUIRE AROUND-THE-CLOCK SUPERVISION OR CARE.$250
THE EPSTEIN SCHOOL
335 COLEWOOD WAY NWSANDY SPRINGSGA30328NONEPCINDEPENDENT JEWISH DAY SCHOOL$200
UNITED STATES HOLOCAUST MEMORIAL MUSEUM
100 RAOUL WALLENBERG PLACE SWWASHINGTONDC200242126NONEPCWORKS TO RESCUE HOLOCAUST EVIDENCE, CONFRONT HATRED, AND PREVENT GENOCIDE.$50
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$6,960TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

FieldValueIRS element (for citing)
Fees Contracts From Govt AgFeesContractsFromGovtAgGrp
Membership Dues And AssmntMembershipDuesAndAssmntGrp
Int On Sav And Temp Cash InvstIntOnSavAndTempCashInvstGrp

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$371ExclusionAmt
FieldValueIRS element (for citing)
Net Rntl Incm Re Debt Fincd PropNetRntlIncmReDebtFincdPropGrp
Net Rntl Incm Re Not Debt Fincd PropNetRntlIncmReNotDebtFincdProp
Net Rental Income Personal PropNetRentalIncomePersonalPropGrp
Other Investment Incm Part VIIOtherInvestmentIncmPartVIIGrp
Gain Sales Ast Oth Than InvntryGainSalesAstOthThanInvntryGrp
Net Income Loss From Special EvtNetIncomeLossFromSpecialEvtGrp
Gross Profit Loss Sls Of InvntryGrossProfitLossSlsOfInvntryGrp

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$371ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$371TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Schedule B IRS990ScheduleB

FieldValueIRS element (for citing)
Organization501cYes (X)Organization501cInd
General RuleYes (X)GeneralRuleInd

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
Contributor1ContributorNum
Contributor PersonHOWARD E SACHSContributorPersonNm

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line15915 RIVERWOOD DRIVEAddressLine1Txt
CityATLANTACityNm
State AbbreviationGAStateAbbreviationCd
ZIP303283743ZIPCd
FieldValueIRS element (for citing)
Total Contributions$11,000TotalContributionsAmt
Person ContributionYes (X)PersonContributionInd

Depreciation Schedule DepreciationSchedule

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (3 entries)

StockStockNmEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
TECH SECTOR INDEX (XLK)$3,187$26,004
INTEL INC$2,146$4,982
ETF

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail

FieldValueIRS element (for citing)
DescADJUSTMENT FOR PY CASHDesc
Amt$9,244Amt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryU S TREASURYCategoryTxt
Amt$153Amt
Net Investment Income$153NetInvestmentIncomeAmt

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