KLIGMAN CHARITABLE FOUNDATION INC: Form 990PF, tax year 2020

View the entire original 990 at ProPublica ↗

Organization
KLIGMAN CHARITABLE FOUNDATION INC (EIN 27-1033084)
Tax period
2020-10-01 to 2021-09-30
Filed
2021-12-01
IRS object ID
202113359349100801
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)
Return2021-12-01T12:20:36-06:00ReturnTs
Tax Period End2021-09-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN650797168PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1RONALD J WEINTRAUB CPA PABusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line17700 N KENDALL DRIVE SUITE 807AddressLine1Txt
CityMIAMICityNm
State AbbreviationFLStateAbbreviationCd
ZIP33156ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2020-10-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN271033084EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1KLIGMAN CHARITABLE FOUNDATION INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlKLIGBusinessNameControlTxt
Phone3053862814PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line19825 E CALUSA CLUB DRIVEAddressLine1Txt
CityMIAMICityNm
State AbbreviationFLStateAbbreviationCd
ZIP33186ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMARCY L COHENPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone3053862814PhoneNum
Signature2021-11-30SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstMARCYPersonFirstNm
Person LastCOHENPersonLastNm
FieldValueIRS element (for citing)
SSNXXX-XX-XXXXSSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonRONALD J WEINTRAUB CPAPreparerPersonNm
PTINP00248982PTIN
Phone3056611040PhoneNum
Preparation2021-12-01PreparationDt
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$866,244FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Dividends Rev And Expnss$33,552DividendsRevAndExpnssAmt
Dividends Net Invst Incm$28,420DividendsNetInvstIncmAmt
Dividends Adj Net Incm$33,552DividendsAdjNetIncmAmt
Other Income Rev And Expnss$15,390OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm$15,390OtherIncomeNetInvstIncmAmt
Other Income Adj Net Incm$15,390OtherIncomeAdjNetIncmAmt
Total Rev And Expnss$48,942TotalRevAndExpnssAmt
Total Net Invst Incm$43,810TotalNetInvstIncmAmt
Total Adj Net Incm$48,942TotalAdjNetIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$30,000CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Net Invst Incm$30,000CompOfcrDirTrstNetInvstIncmAmt
Comp Ofcr Dir Trst Adj Net Incm$30,000CompOfcrDirTrstAdjNetIncmAmt
Accounting Fees Rev And Expnss$3,115AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$3,115AccountingFeesNetInvstIncmAmt
Accounting Fees Adj Net Incm$3,115AccountingFeesAdjNetIncmAmt
Taxes Rev And Expnss$1,226TaxesRevAndExpnssAmt
Taxes Net Invst Incm$1,226TaxesNetInvstIncmAmt
Taxes Adj Net Incm$1,226TaxesAdjNetIncmAmt
Tot Opr Expenses Rev And Expnss$34,341TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$34,341TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Adj Net Incm$34,341TotOprExpensesAdjNetIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$31,540ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$31,540ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$65,881TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$34,341TotalExpensesNetInvstIncmAmt
Total Expenses Adj Net Incm$34,341TotalExpensesAdjNetIncmAmt
Total Expenses Dsbrs Chrtbl$31,540TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$16,939ExcessRevenueOverExpensesAmt
Net Investment Income$9,469NetInvestmentIncomeAmt
Adjusted Net Income$14,601AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$33,596SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$21,570SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$21,570SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY$570,119CorporateStockBOYAmt
Corporate Stock EOY$564,801CorporateStockEOYAmt
Corporate Stock EOYFMV$844,674CorporateStockEOYFMVAmt
Total Assets BOY$603,715TotalAssetsBOYAmt
Total Assets EOY$586,371TotalAssetsEOYAmt
Total Assets EOYFMV$866,244TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Capital Stock BOY$603,715CapitalStockBOYAmt
Capital Stock EOY$586,371CapitalStockEOYAmt
Tot Net Ast Or Fund Balances BOY$603,715TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$586,371TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$603,715TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$586,371TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$603,715TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$16,939ExcessRevenueOverExpensesAmt
Subtotal$586,776SubtotalAmt
Other Decreases$405OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY$586,371TotNetAstOrFundBalancesEOYAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$132InvestmentIncomeExciseTaxAmt
Subtotal$132SubtotalAmt
Tax Based On Investment Income$132TaxBasedOnInvestmentIncomeAmt
Tax Due$132TaxDueAmt

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
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 BooksMARCY L COHENIndividualWithBooksNm
Phone3053862814PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line19825 EAST CALUSA CLUB DRIVEAddressLine1Txt
CityMIAMICityNm
State AbbreviationFLStateAbbreviationCd
ZIP33186ZIPCd
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 (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
MARCY L COHEN
9825 EAST CALUSA CLUB DRIVEMIAMIFL33186PRESIDENT10.00$15,000$0$0
SUSAN L GOLDSLAGER
7000 ISLAND BLVD 2610AVENTURAFL33160DIRECTOR10.00$15,000$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

FieldValueIRS element (for citing)
Description1DIRECT CONTRIBUTIONS TO 501C(3) ORGANIZATIONSDescription1Txt

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$0AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$0AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$0TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$0AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$0CashDeemedCharitableAmt
Net Vl Noncharitable Assets$0NetVlNoncharitableAssetsAmt
Minimum Investment Return$0MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Tax Based On Investment Income$132TaxBasedOnInvestmentIncomeAmt
Total Tax$132TotalTaxAmt
Distributable As Adjusted$0DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$31,540ExpensesAndContributionsAmt
Qualifying Distributions$31,540QualifyingDistributionsAmt
Adjusted Qualifying Distri$31,540AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$0DistributableAsAdjustedAmt
Qualifying Distributions$31,540QualifyingDistributionsAmt
Remaining Distri From Corpus$31,540RemainingDistriFromCorpusAmt
Total Corpus$31,540TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$31,540ExcessDistriCyovToNextYrAmt
Excess From Current Year$31,540ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (9 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
UJA OF METROWEST
901 ROUTE 10 PO BOX 929WHIPPANYNJ07981GENERAL$2,500
GREATER MIAMI JEWISH FEDERATION
4200 BISCAYNE BLVDMIAMIFL33137GENERAL$2,500
VITAS HOSPICE
201 S BISCAYNE BLVDMIAMIFL33131GENERAL$2,500
MAKE A WISH FOUNDATION
4491 S STATE ROAD 7DAVIEFL33314GENERAL$5,000
ST JUDES CHILDRENS HOSPITAL
262 DANNY THOMAS PLMEMPHISTN38105GENERAL$2,500
BIRTHRIGHT ISRAEL
PO BOX 5892HICKSVILLENY11802GENERAL$3,000
CURE BREAST CANCER
1122 CLIFTON AVENUECLIFTONNJ07013GENERAL$12,000
USHER IF COLLABORATIVE
500 BISHOP STREET BLDG 5ATLANTAGA30318GENERAL$1,000
CHABAD PALMETTO BAY
16721 SW 78 CTPALMETTO BAYFL33157GENERAL$540
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$31,540TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$33,552RelatedOrExemptFunctionIncmAmt

Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$15,390RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$48,942RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$48,942TotalIncomeProducingActyAmt

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)
CategoryACCOUNTING FEESCategoryTxt
Amt$3,115Amt
Net Investment Income$3,115NetInvestmentIncomeAmt
Adjusted Net Income$3,115AdjustedNetIncomeAmt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (2 entries)

StockStockNmEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
PARTNERSHIPS$200,748$256,660
SECURITIES$364,053$588,014

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail (2 entries)

DescDescAmtAmt
INCOME TAX PAID$42
NON DEDUCTIBLE ITEMS$363

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmtAdjusted Net IncomeAdjustedNetIncomeAmt
ENTERPRISE PRODUCTS PARTNERS$8,086$8,086$8,086
PLAINS ALL AMERICAN PIPELINE$7,304$7,304$7,304

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

CategoryCategoryTxtAmtAmtNet Investment IncomeNetInvestmentIncomeAmtAdjusted Net IncomeAdjustedNetIncomeAmt
FLORIDA DPR$80$80$80
FOREIGN TAX$1,146$1,146$1,146

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