FRADIN FAMILY FOUNDATION: Form 990PF, tax year 2020

View the entire original 990 at ProPublica ↗

Organization
FRADIN FAMILY FOUNDATION (EIN 05-0481553)
Tax period
2020-10-01 to 2021-09-30
Filed
2021-11-18
IRS object ID
202103229349101510
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 ReturnHeader

FieldValueIRS element (for citing)
Return2021-11-18T14:43:55-06:00ReturnTs
Tax Period End2021-09-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN050391857PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1ROSENSTEIN HALPER & MASELLI LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 9567AddressLine1Txt
CityPROVIDENCECityNm
State AbbreviationRIStateAbbreviationCd
ZIP029409567ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2020-10-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN050481553EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1FRADIN FAMILY FOUNDATIONBusinessNameLine1Txt
Business Name Line2C/O ROSENSTEINHALPER & MASELLILLPBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlFRADBusinessNameControlTxt
Phone4013316851PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 9567AddressLine1Txt
CityPROVIDENCECityNm
State AbbreviationRIStateAbbreviationCd
ZIP02940ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJAY ROSENSTEINPersonNm
Person TitleTREASURERPersonTitleTxt
Phone4013316851PhoneNum
Signature2021-11-18SignatureDt

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstJAYPersonFirstNm
Person LastROSENSTEINPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJAY N ROSENSTEIN CPAPreparerPersonNm
PTINP00083146PTIN
Phone4013316851PhoneNum
Preparation2021-11-18PreparationDt
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$254,172FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss$8InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$8InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$3,800DividendsRevAndExpnssAmt
Dividends Net Invst Incm$3,800DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$4,873NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$19,966GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$4,873CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$8,681TotalRevAndExpnssAmt
Total Net Invst Incm$8,681TotalNetInvstIncmAmt
Accounting Fees Rev And Expnss$770AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$770AccountingFeesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss$770TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$770TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$0ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$0ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$770TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$770TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$0TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$7,911ExcessRevenueOverExpensesAmt
Net Investment Income$7,911NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$11,845CashBOYAmt
Cash EOY$16,746CashEOYAmt
Cash EOYFMV$16,746CashEOYFMVAmt
Corporate Stock BOY$184,709CorporateStockBOYAmt
Corporate Stock EOY$237,426CorporateStockEOYAmt
Corporate Stock EOYFMV$237,426CorporateStockEOYFMVAmt
Total Assets BOY$196,554TotalAssetsBOYAmt
Total Assets EOY$254,172TotalAssetsEOYAmt
Total Assets EOYFMV$254,172TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY$196,554NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY$254,172NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY$196,554TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$254,172TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$196,554TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$254,172TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$196,554TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$7,911ExcessRevenueOverExpensesAmt
Other Increases$49,707OtherIncreasesAmt
Subtotal$254,172SubtotalAmt
Tot Net Ast Or Fund Balances EOY$254,172TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp

FieldValueIRS element (for citing)
PropertyCITIZENS BANKPropertyDesc
How AcquiredPHowAcquiredCd
Sold2021-09-30SoldDt
Gross Sales Price$19,966GrossSalesPriceAmt
Cost Or Other Basis$15,093CostOrOtherBasisAmt
Gain Or Loss$4,873GainOrLossAmt
Gains Minus Excess Or Losses$4,873GainsMinusExcessOrLossesAmt
FieldValueIRS element (for citing)
Capital Gain Net Income$4,873CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$110InvestmentIncomeExciseTaxAmt
Subtotal$110SubtotalAmt
Tax Based On Investment Income$110TaxBasedOnInvestmentIncomeAmt
Tax Due$110TaxDueAmt

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 StateRIOrgReportOrRegisterStateCd
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 AddressN/AWebsiteAddressTxt
Individual With BooksJAY ROSENSTEINIndividualWithBooksNm
Phone4013316851PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 9567AddressLine1Txt
CityPROVIDENCECityNm
State AbbreviationRIStateAbbreviationCd
ZIP02940ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Undistributed Income PYfalseUndistributedIncomePYInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
CHARLES S FRADIN
PO BOX 9567 C/O ROSENSTEINPROVIDENCERI02940SECRETARY1.00$0$0$0
ROBERT SCHLOSS
PO BOX 9567PROVIDENCERI02940DIRECTOR1.00$0$0$0
JAY ROSENSTEIN
PO BOX 9567PROVIDENCERI02940TREASURER1.00$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Description1N/ADescription1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$229,105AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$15,118AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$244,223TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$244,223AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$3,663CashDeemedCharitableAmt
Net Vl Noncharitable Assets$240,560NetVlNoncharitableAssetsAmt
Minimum Investment Return$12,028MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$12,028MinimumInvestmentReturnAmt
Tax Based On Investment Income$110TaxBasedOnInvestmentIncomeAmt
Total Tax$110TotalTaxAmt
Distributable Before Adj$11,918DistributableBeforeAdjAmt
Distributable Before Ded$11,918DistributableBeforeDedAmt
Distributable As Adjusted$11,918DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$0ExpensesAndContributionsAmt
Qualifying Distributions$0QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$11,918DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$21,846ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$158,453ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$20,260ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$21,506ExcessDistributionCyovYr2Amt
Total Excess Distribution Cyov$222,065TotalExcessDistributionCyovAmt
Excess Distri Cyov App CY Corpus$11,918ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY$11,918ExcessDistributionCyovAppCYAmt
Total Corpus$210,147TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$9,928ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$200,219ExcessDistriCyovToNextYrAmt
Excess From Year4$158,453ExcessFromYear4Amt
Excess From Year3$20,260ExcessFromYear3Amt
Excess From Year2$21,506ExcessFromYear2Amt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Application Submission Info ApplicationSubmissionInfoGrp

FieldValueIRS element (for citing)
Restrictions On AwardsTHE FOUNDATION DOES NOT ACCEPT UNSOLICITED APPLICATIONS FOR FUNDS. DETERMINATION OF CONTRIBUTIONS IS MADE AT THE DISCRETION OF THE MANAGERS.RestrictionsOnAwardsTxt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$8ExclusionAmt

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$3,800ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion$4,873ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$8,681ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$8,681TotalIncomeProducingActyAmt

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

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryTAX PREP FEE/INV FEECategoryTxt
Amt$770Amt
Net Investment Income$770NetInvestmentIncomeAmt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

FieldValueIRS element (for citing)
StockCITIZENS BANKStockNm
EOY Book Value$237,426EOYBookValueAmt
EOYFMV$237,426EOYFMVAmt

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail

FieldValueIRS element (for citing)
DescUNREALIZED APPRECIATION(DEPRECIATION) ON INVEST.Desc
Amt$49,707Amt

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