EGL CHARITABLE FOUNDATION: Form 990PF, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- EGL CHARITABLE FOUNDATION (EIN 27-3667312)
- Tax period
- 2019-09-01 to 2020-08-31
- Filed
- 2021-02-05
- IRS object ID
- 202110369349100301
- Schema version
- 2019v5.0
- 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
- Accounting Fees Schedule
- Investments Other Schedule2
- Other Assets Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2021-02-05T06:55:05-08:00 | ReturnTs |
| Tax Period End | 2020-08-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 650620269 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SMITH & ELKIN CPAS PA | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4601 MILITARY TRAIL STE 201 | AddressLine1Txt |
| City | JUPITER | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33458 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2019-09-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 273667312 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | EGL Charitable Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | EGLC | BusinessNameControlTxt |
| Phone | 2124464268 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | C/O Gruss Co 40 W 57th Street | AddressLine1Txt |
| City | New York | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10019 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | TINA GUBERMAN | PersonNm |
| Person Title | SECR & TREAS | PersonTitleTxt |
| Signature | 2021-02-05 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Scott Elkin | PreparerPersonNm |
| PTIN | P00087099 | PTIN |
| Phone | 5617752134 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2019 | 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 | $164,742,153 | 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 | $798 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $798 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $2,414,589 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $2,414,589 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $7,946,815 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $19,262,787 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $7,946,815 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $466,567 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $466,567 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $10,828,769 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $10,828,769 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $381,874 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $190,937 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $190,937 | CompOfcrDirTrstDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $16,775 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $8,388 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $8,387 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $513,824 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $513,824 | OtherProfFeesNetInvstIncmAmt |
| Taxes Rev And Expnss | $201,567 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $113,494 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $8,071 | TaxesDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $51,355 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $51,355 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $909,415 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $886,759 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $22,656 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $2,074,810 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $1,713,402 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $281,406 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $11,024,210 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $11,024,210 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $13,099,020 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $1,713,402 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $11,305,616 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$2,270,251 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $9,115,367 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $11,846,277 | CashBOYAmt |
| Cash EOY | $2,620,691 | CashEOYAmt |
| Cash EOYFMV | $2,620,691 | CashEOYFMVAmt |
| Other Investments BOY | $128,291,752 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $135,205,395 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $162,119,218 | OtherInvestmentsEOYFMVAmt |
| Other Assets EOY | $2,245 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $2,244 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $140,138,029 | TotalAssetsBOYAmt |
| Total Assets EOY | $137,828,331 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $164,742,153 | TotalAssetsEOYFMVAmt |
| Other Liabilities BOY | $37,446 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $36,709 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $37,446 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $36,709 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $140,100,583 | RetainedEarningBOYAmt |
| Retained Earning EOY | $137,791,622 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $140,100,583 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $137,791,622 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $140,138,029 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $137,828,331 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $140,100,583 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$2,270,251 | ExcessRevenueOverExpensesAmt |
| Subtotal | $137,830,332 | SubtotalAmt |
| Other Decreases | $38,710 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $137,791,622 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (30 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | Cost Or Other BasisCostOrOtherBasisAmt |
|---|---|---|---|---|---|---|---|
| K-1 ORBIMED | P | 2020-01-01 | 2020-08-31 | $99 | $99 | $99 | |
| K-1 ORBIMED | P | 2001-01-01 | 2020-08-31 | -$882 | -$882 | $882 | |
| K-1 VARDE FUND XI | P | 2020-01-01 | 2020-08-31 | $5,384 | $5,384 | $5,384 | |
| K-1 VARDE FUND XI | P | 2001-01-01 | 2020-08-31 | $71,375 | $71,375 | $71,375 | |
| K-1 WGI EMERGING MKTS | P | 2020-01-01 | 2020-08-31 | -$1,555 | -$1,555 | $1,555 | |
| K-1 WGI EMERGING MKTS | P | 2001-01-01 | 2020-08-31 | $614,080 | $614,080 | $614,080 | |
| K-1 LONE CASCADE .039733% | P | 2020-01-01 | 2020-08-31 | $154,632 | $154,632 | $154,632 | |
| K-1 LONE CASCADE .039733% | P | 2001-01-01 | 2020-08-31 | $478,539 | $478,539 | $478,539 | |
| K-1 LONE CASCADE .110691% | P | 2020-01-01 | 2020-08-31 | $448,727 | $448,727 | $448,727 | |
| K-1 LONE CASCADE .110691% | P | 2001-01-01 | 2020-08-31 | $1,431,704 | $1,431,704 | $1,431,704 | |
| K-1 GENERATION IM GLOBAL EQUITY FD | P | 2020-01-01 | 2020-08-31 | $430,910 | $430,910 | $430,910 | |
| K-1 GENERATION IM GLOBAL EQUITY FD | P | 2001-01-01 | 2020-08-31 | $2,143,498 | $2,143,498 | $2,143,498 | |
| K-1 ORBIMED ISRAEL PARTNERS II | P | 2001-01-01 | 2020-08-31 | -$4,669 | -$4,669 | $4,669 | |
| K-1 GRUSS ARBITRAGE MASTER FUND | P | 2001-01-01 | 2020-08-31 | $3,840 | $3,840 | $3,840 | |
| K-1 GRUSS ARBITRAGE MASTER FUND | P | 2001-01-01 | 2020-08-31 | $4,328 | $4,328 | $4,328 | |
| K-1 VARDE FUND XIII | P | 2020-01-01 | 2020-08-31 | -$14,356 | -$14,356 | $14,356 | |
| K-1 VARDE FUND XIII | P | 2001-01-01 | 2020-08-31 | -$11,496 | -$11,496 | $11,496 | |
| K-1 COP SV | P | 2001-01-01 | 2020-08-31 | $32,507 | $32,507 | $32,507 | |
| K-1 FIR TREE | P | 2001-01-01 | 2020-08-31 | -$14,514 | -$14,514 | $14,514 | |
| CHARLES SCHWAB STCG | P | 2020-01-01 | 2020-08-31 | $1,443,426 | -$148,059 | -$148,059 | $1,591,485 |
| CHARLES SCHWAB LTCG | P | 2001-01-01 | 2020-08-31 | $3,887,198 | $907,799 | $907,799 | $2,979,399 |
| JPMORGAN CHASE STCG | P | 2020-01-01 | 2020-08-31 | $6,343 | $6,343 | $6,343 | |
| JPMORGAN CHASE LTCG | P | 2001-01-01 | 2020-08-31 | $844,733 | $844,733 | $844,733 | |
| BNY MELLON LTCG | P | 2001-01-01 | 2020-08-31 | $76 | $76 | $76 | |
| FIR TREE DIST IN EXCESS BASIS | P | 2001-01-01 | 2020-08-31 | $90,477 | $90,477 | $90,477 | |
| PERRY PARTNERS PFIC | P | 2001-01-01 | 2020-08-31 | $69,209 | -$73,322 | -$73,322 | $142,531 |
| ETON PARK PFIC | P | 2001-01-01 | 2020-08-31 | $11,247 | -$1,358 | -$1,358 | $12,605 |
| CENTERBRIDGE PFIC | P | 2001-01-01 | 2020-08-31 | $1,759,235 | $29,040 | $29,040 | $1,730,195 |
| HOUND PARTNERS PFIC | P | 2001-01-01 | 2020-08-31 | $5,331,220 | $531,220 | $531,220 | $4,800,000 |
| COP SPV UNRECOVERED BASIS | P | 2001-01-01 | 2020-08-31 | -$12,285 | -$12,285 | $12,285 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $7,946,815 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $12,181,353 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $159,432,729 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.07640 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $9,656,985 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $170,607,669 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.05660 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $8,098,134 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $161,934,885 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.05001 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $6,048,861 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $154,069,569 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.03926 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $9,307,583 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $168,957,204 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.05509 | DistributionYr5Rt |
| Total Distribution | 0.277365 | TotalDistributionRt |
| Average Distribution | 0.055473 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $157,045,773 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $8,711,800 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $91,154 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $8,802,954 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $11,305,616 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Domestic Org Meeting Sect4940e | Yes (X) | DomesticOrgMeetingSect4940eInd |
| Investment Income Excise Tax | $91,154 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $91,154 | SubtotalAmt |
| Tax Based On Investment Income | $91,154 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $121,719 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $121,719 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Overpayment | $30,565 | OverpaymentAmt |
| Applied To ES Tax | $30,565 | 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 | Evelyn G Lipper | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2124464268 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | C/O Gruss Co 40 W 57th St 1440 | AddressLine1Txt |
| City | NY | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10019 | 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 |
| 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 (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt |
|---|---|---|---|---|---|---|---|
| EVELYN LIPPER | |||||||
| C/O Gruss Co 40 W 57th St | NEW YORK | NY | 10019 | President | 6.00 | $0 | |
| TINA GUBERMAN | |||||||
| C/O Gruss Co 40 W 57th St | NEW YORK | NY | 10019 | SECR & TREAS | 6.00 | $35,131 | |
| DANIELLA LIPPER COULES | |||||||
| C/O GRUSS CO 40 W 57TH ST | NEW YORK | NY | 10019 | Executive Dir. | 30.00 | $300,000 | $46,743 |
| 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 | $152,000,464 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $7,436,869 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $159,437,333 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Adjusted Total FMV Of Unused Ast | $159,437,333 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $2,391,560 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $157,045,773 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $7,852,289 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $7,852,289 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $91,154 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $91,154 | TotalTaxAmt |
| Distributable Before Adj | $7,761,135 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $7,761,135 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $7,761,135 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $11,305,616 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $11,305,616 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $91,154 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $11,214,462 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $7,761,135 | DistributableAsAdjustedAmt |
| Excess Distribution Cyov Yr1 | $1,489,542 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $1,489,542 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $11,305,616 | QualifyingDistributionsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $7,761,135 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $3,544,481 | RemainingDistriFromCorpusAmt |
| Total Corpus | $5,034,023 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $5,034,023 | ExcessDistriCyovToNextYrAmt |
| Excess From Year1 | $1,489,542 | ExcessFromYear1Amt |
| Excess From Current Year | $3,544,481 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | EVELYN LIPPER | ContributingManagerNm |
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | EGL Charitable Foundation | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | C/O Gruss Co 40 W 57th Street 1440 | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10019 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 2124464268 | RecipientPhoneNum |
| Recipient Email Address | rh@gruss.com | RecipientEmailAddressTxt |
| Form And Info And Materials | Letter giving background of charity, the amount of grant requested and the proposed use of the funds. | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | none | SubmissionDeadlinesTxt |
| Restrictions On Awards | Generally limited to Jewish charities. | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (25 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line1RecipientForeignAddress/AddressLine1Txt | CityRecipientForeignAddress/CityNm | Province Or StateRecipientForeignAddress/ProvinceOrStateNm | CountryRecipientForeignAddress/CountryCd | Foreign PostalRecipientForeignAddress/ForeignPostalCd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ISRAEL GUIDE DOG CENTER | ||||||||||||
| 968 EASTON ROAD SUITE H | WARRINGTON | PA | 18976 | NONE | N/A | GENERAL SUPPORT | $150,000 | |||||
| JCC ON THE PALISADES | ||||||||||||
| TAUB CAMPUS - 411 E CLINTON AVE | TENAFLY | NJ | 07670 | NONE | N/A | GENERAL SUPPORT | $75,000 | |||||
| TECHNION RESEARCH DEVELOPMENT FOUND | ||||||||||||
| NONE | N/A | FELLOWSHIP | $1,000,000 | TECNION CITY | HAIFA | HAIFA | IS | 320000 | ||||
| UNIVERSITY OF CALIFORNIA | ||||||||||||
| UCLA - BOX 957089 1125 MURPHY HALL | LOS ANGELES | CA | 90095 | NONE | N/A | GENERAL SUPPORT | $88,555 | |||||
| UNIVERSITY OF WISCONSIN | ||||||||||||
| 1848 UNIVERSITY AVENUE | MADISON | WI | 53726 | NONE | N/A | GENERAL SUPPORT | $179,910 | |||||
| TEMPLE ADAS ISRAEL | ||||||||||||
| PO BOX 1378 | SAG HARBOR | NY | 11963 | NONE | N/A | GENERAL SUPPORT | $20,000 | |||||
| WHITEHEAD INSTITUTE | ||||||||||||
| 455 MAIN STREET | CAMBRIDGE | MA | 02142 | NONE | N/A | GENERAL SUPPORT | $80,970 | |||||
| HARVARD MEDICAL SCHOOL | ||||||||||||
| 25 SHATTUCK STREET | BOSTON | MA | 02115 | NONE | N/A | GENERAL SUPPORT | $796,486 | |||||
| GOSHEN - THE HARUV INSTITUTE | ||||||||||||
| NONE | N/A | GENERAL SUPPORT | $500,000 | THE HEBREW UNIVERSITY MT SCOPUS | JERUSALEM | JERUSALEM | IS | 9765418 | ||||
| WEILL CORNELL MEDICAL COLLEGE | ||||||||||||
| 525 EAST 68TH STREET BOX 39 | NEW YORK | NY | 10065 | NONE | N/A | GENERAL SUPPORT | $1,300,000 | |||||
| UNIVERSITY OF CHICAGO | ||||||||||||
| 5235 S HARPER CT STE 450 | CHICAGO | IL | 60615 | NONE | N/A | GENERAL SUPPORT | $50,000 | |||||
| JEWISH NATIONAL FUND | ||||||||||||
| 42 E 69TH STREET | NEW YORK | NY | 10021 | NONE | N/A | GENERAL SUPPORT | $1,000,000 | |||||
| DOROT | ||||||||||||
| 171 WEST 85TH STREET | NEW YORK | NY | 10024 | NONE | N/A | GENERAL SUPPORT | $100,000 | |||||
| ALBERT EINSTEIN COLLEGE OF MEDICINE | ||||||||||||
| 1300 MORRIS PARK AVENUE | BRONX | NY | 10461 | NONE | N/A | GENERAL SUPPORT | $2,000,000 | |||||
| PARDES INSTITUTE OF JEWISH STUDIES | ||||||||||||
| 404 5TH AVENUE SUITE 7013 | NEW YORK | NY | 10018 | NONE | N/A | GENERAL SUPPORT | $120,000 | |||||
| CONGREGATION B'NAI JESHURUN | ||||||||||||
| 270 WEST 89TH STREET | NEW YORK | NY | 10024 | NONE | N/A | GENERAL SUPPORT | $353,271 | |||||
| PROJECT ROZANA | ||||||||||||
| 25 BROADWAY | NEW YORK | NY | 10004 | NONE | N/A | GENERAL SUPPORT | $80,000 | |||||
| THE ROCKEFELLER UNIVERSITY | ||||||||||||
| 1230 YORK AVENUE | NEW YORK | NY | 10065 | NONE | N/A | GENERAL SUPPORT | $84,629 | |||||
| QUINCY ASIAN RESOURCES INC | ||||||||||||
| 1509 HANCOCK STREET | QUINCY | MA | 02169 | NONE | N/A | GENERAL SUPPORT | $422,739 | |||||
| UNION REFORM FOR JUDAISM - 6 POINTS | ||||||||||||
| 300 SE 2ND STREET SUITE 600 | FT LAUDERDALE | FL | 33301 | NONE | N/A | GENERAL SUPPORT | $100,000 | |||||
| STANFORD UNIVERSITY | ||||||||||||
| 450 JANE STANFORD WAY | STANFORD | CA | 94305 | NONE | N/A | GENERAL SUPPORT | $11,305 | |||||
| JEWISH COMMUNAL FUND | ||||||||||||
| 575 MADISON AVENUE SUITE 703 | NEW YORK | NY | 10022 | NONE | N/A | GENERAL SUPPORT | $1,750,000 | |||||
| THE SIMMONS FUND - SIMMONS UNIVERSI | ||||||||||||
| 300 FENWAY | BOSTON | MA | 02115 | NONE | N/A | GENERAL SUPPORT | $33,000 | |||||
| MASSACHUSETTS GENERAL HOSPITAL | ||||||||||||
| 125 NASHUA STREET SUITE 540 | BOSTON | MA | 02114 | NONE | N/A | GENERAL SUPPORT | $723,345 | |||||
| SAG HARBOR COMMUNITY FOOD PANTRY | ||||||||||||
| 44 E UNION STREET | SAG HARBOR | NY | 11963 | NONE | N/A | GENERAL SUPPORT | $5,000 | |||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $11,024,210 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $798 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $2,414,589 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $7,946,815 | RelatedOrExemptFunctionIncmAmt |
Other Revenue Described OtherRevenueDescribedGrp (9 entries)
| DescDesc | BusinessBusinessCd | ExclusionExclusionCd | ExclusionExclusionAmt |
|---|---|---|---|
| K-1 GENERATION IM-PORTFOL | 900099 | 14 | $9,204 |
| K-1 GRUSS DV MASTER FUND | 900099 | 14 | -$1,112 |
| K-1 LONE CASC .04%-ORD IN | 900099 | 14 | -$62,046 |
| K-1 LONE CASC .11%-ORD IN | 900099 | 14 | -$178,653 |
| K-1 VARDE XII | 900099 | 14 | $153,030 |
| K-1 VARDE XIII- ORDIN INC | 900099 | 14 | $8,693 |
| K-1 VARDE XI-ORDINARY INC | 900099 | 14 | $75,707 |
| K-1 WGI EMERGING-PORT INC | 900099 | 14 | $4,241 |
| PFIC DIV HCP FUND IV CAYM | 900099 | 14 | $457,503 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $2,881,954 | ExclusionAmt |
| Related Or Exempt Function Incm | $7,946,815 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $10,828,769 | 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 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | TAX FEES | CategoryTxt |
| Amt | $16,775 | Amt |
| Net Investment Income | $8,388 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $8,387 | DisbursementsCharitablePrpsAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (26 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| COP SPV (K-1) | FMV | ||
| ORBIMED ISRAEL PARTNERS LP (K-1) | FMV | $719,690 | $584,180 |
| STEADFAST INT'L LTD -- PFIC | FMV | $4,560,333 | $8,980,392 |
| FCOI II-- PFIC | FMV | $5,289,856 | $8,225,879 |
| PERRY PARTNERS INT'L INC-- PFIC | FMV | $189,732 | $107,475 |
| GRUSS OFFSHORE ARB FUND-- K-1 | FMV | $115,991 | $43,742 |
| GENERATION IM GLOBAL (K-1) | FMV | $15,944,189 | $18,594,456 |
| FIR TREE INT'L VALUE FUND LTD (K-1) | FMV | $21,998 | |
| GRUSS GLOBAL ENH/GRUSS DV FUND-- PFIC | FMV | $98,496 | $55,829 |
| HCP FUND IV CAYMAN LP --PFIC | FMV | $2,211,928 | $1,837,111 |
| LONE CASCADE LP (K-1) | FMV | $15,711,428 | $25,536,576 |
| WGI EMERGING MARKETS (K-1) | FMV | $9,413,085 | $9,180,145 |
| VARDE FUND XI (B) FEEDER (K-1) | FMV | $1,660,476 | $1,114,062 |
| ETON PARK FUND LTD-- PFIC | FMV | $9,342 | $8,298 |
| SCHWAB SELECT EQUITY (BROKERAGE) | FMV | $7,165,815 | $9,192,098 |
| MARKET VALUE COST CONTRIB (CAPE REMAIN | AT COST | $685,248 | |
| CENTERBRIDGE CR PRTNRS -- PFIC | FMV | $2,061,169 | $2,195,484 |
| HOUND PARTNERS OFL -- PFIC | FMV | $135,696 | |
| CEVIAN CAPITAL II LTD-- PFIC | FMV | $9,000,000 | $10,432,084 |
| ORBIMED PARTNERS LTD-- PFIC | FMV | $6,000,000 | $7,357,774 |
| JP MORGAN | AT COST | $38,925,753 | $43,066,004 |
| VARDE FUND X11 B LP | AT COST | $2,791,268 | $2,418,067 |
| ORBIMED ISRAEL PARTNERS II LP | AT COST | $423,482 | $628,167 |
| VARDE FUND XIII B | AT COST | $1,228,114 | $1,339,696 |
| EMPYREAN CAPITAL LTD | FMV | $6,000,000 | $5,854,571 |
| FINEPOINT CAPITAL II | FMV | $5,000,000 | $5,209,434 |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (2 entries)
| DescDesc | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| OTHER ASSETS | $2,244 | $2,244 |
| Rounding | $1 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PRIOR UNREALIZED GAINS RECOGNIZED | Desc |
| Amt | $38,710 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (19 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| ADVERTISING FOR FELLOWSHIPS | $9,872 | $9,872 | |
| BANK SERVICE CHARGES | $222 | $222 | |
| GCO ADMINISTRATIVE FEES | $115,419 | $115,419 | |
| GRUSS DV MASTER FUND | $255 | $255 | |
| MANAGEMENT FEES WGI EMERG | $111,643 | $111,643 | |
| MEALS | $5,069 | $4,562 | $507 |
| MEMBERSHIP FEES RELATED TO CHARITABLE | $8,000 | $8,000 | |
| PORTFOLIO EXP- COP SPV K-1 | $1,061 | $1,061 | |
| PORTFOLIO EXP- GENERATION IM K-1 | $168,657 | $168,657 | |
| PORTFOLIO EXP- GRUSS ARBITRAGE K-1 | $506 | $506 | |
| PORTFOLIO EXP- GRUSS ARBITRAGE K-1 | $575 | $575 | |
| PORTFOLIO EXP- LONE CASCADE K-1 | $274,473 | $274,473 | |
| PORTFOLIO EXP- LONE CASCADE K-1 | $83,447 | $83,447 | |
| PORTFOLIO EXP- ORBIMED ISRAEL K-1 | $14,126 | $14,126 | |
| PORTFOLIO EXP- ORBIMED ISRAEL K-1 | $21,293 | $21,293 | |
| PORTFOLIO EXP- VARDE XI B FEEDER K-1 | $62,078 | $62,078 | |
| PORTFOLIO EXP- VARDE XII | $4,895 | $4,895 | |
| PORTFOLIO EXP- VARDE XIII | $25,551 | $25,551 | |
| PORTFOLIO EXP- WGI EMERGING MKTS K-1 | $2,273 | $2,273 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (9 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| K-1 GENERATION IM-PORTFOL | $9,204 | $9,204 |
| K-1 GRUSS DV MASTER FUND | -$1,112 | -$1,112 |
| K-1 LONE CASC .04%-ORD IN | -$62,046 | -$62,046 |
| K-1 LONE CASC .11%-ORD IN | -$178,653 | -$178,653 |
| K-1 VARDE XII | $153,030 | $153,030 |
| K-1 VARDE XIII- ORDIN INC | $8,693 | $8,693 |
| K-1 VARDE XI-ORDINARY INC | $75,707 | $75,707 |
| K-1 WGI EMERGING-PORT INC | $4,241 | $4,241 |
| PFIC DIV HCP FUND IV CAYM | $457,503 | $457,503 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail (2 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt |
|---|---|---|
| due to gruss & co | $37,113 | $36,147 |
| due to employee ins | $333 | $562 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| CUSTODY FEES | $6,321 | $6,321 | $0 | $0 |
| MANAGEMENT FEE - HALL PARTNERS | $388,894 | $388,894 | $0 | $0 |
| MANAGEMENT FEE - SELECT EQUITY | $118,609 | $118,609 | $0 | $0 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (8 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| FEDERAL TAXES | $80,002 | ||
| FOREIGN TAXES- GENERATION IM GLOBAL K-1 | $17,008 | $17,008 | |
| FOREIGN TAXES- LONE CASCADE K-1 | $3,131 | $3,131 | |
| FOREIGN TAXES- LONE CASCADE K-1 | $9,352 | $9,352 | |
| FOREIGN TAXES- VARDE FUND XI K-1 | $6,964 | $6,964 | |
| FOREIGN TAXES- WGI K-1 | $70,595 | $70,595 | |
| PAYROLL TAXES | $12,887 | $6,444 | $6,443 |
| STATE FILING FEES | $1,628 | $1,628 |
Comments