FRADIN FAMILY FOUNDATION: Form 990PF, tax year 2019

View the entire original 990 at ProPublica ↗

Organization
FRADIN FAMILY FOUNDATION (EIN 05-0481553)
Tax period
2019-10-01 to 2020-09-30
Filed
2021-03-10
IRS object ID
202120699349100222
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 ReturnHeader

FieldValueIRS element (for citing)
Return2021-03-10T18:05:33-06:00ReturnTs
Tax Period End2020-09-30TaxPeriodEndDt

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 Begin2019-10-01TaxPeriodBeginDt

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
Signature2021-03-04SignatureDt

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJAY N ROSENSTEIN CPAPreparerPersonNm
PTINP00083146PTIN
Phone4013316851PhoneNum
Preparation2021-03-04PreparationDt
FieldValueIRS element (for citing)
Tax2019TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Address ChangeYes (X)AddressChangeInd
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$196,554FMVAssetsEOYAmt
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$87InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$87InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$3,951DividendsRevAndExpnssAmt
Dividends Net Invst Incm$3,951DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$6,131NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$44,448GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$6,131CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$10,169TotalRevAndExpnssAmt
Total Net Invst Incm$10,169TotalNetInvstIncmAmt
Accounting Fees Rev And Expnss$883AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$883AccountingFeesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss$883TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$883TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$0ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$0ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$883TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$883TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$0TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$9,286ExcessRevenueOverExpensesAmt
Net Investment Income$9,286NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$6,626CashBOYAmt
Cash EOY$11,845CashEOYAmt
Cash EOYFMV$11,845CashEOYFMVAmt
Corporate Stock BOY$175,270CorporateStockBOYAmt
Corporate Stock EOY$184,709CorporateStockEOYAmt
Corporate Stock EOYFMV$184,709CorporateStockEOYFMVAmt
Total Assets BOY$181,896TotalAssetsBOYAmt
Total Assets EOY$196,554TotalAssetsEOYAmt
Total Assets EOYFMV$196,554TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY$181,896NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY$196,554NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY$181,896TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$196,554TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$181,896TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$196,554TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$181,896TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$9,286ExcessRevenueOverExpensesAmt
Other Increases$5,372OtherIncreasesAmt
Subtotal$196,554SubtotalAmt
Tot Net Ast Or Fund Balances EOY$196,554TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp

FieldValueIRS element (for citing)
PropertySALE OF INVESTMENTSPropertyDesc
How AcquiredPHowAcquiredCd
Sold2020-09-30SoldDt
Gross Sales Price$44,448GrossSalesPriceAmt
Cost Or Other Basis$38,317CostOrOtherBasisAmt
Gain Or Loss$6,131GainOrLossAmt
Gains Minus Excess Or Losses$6,131GainsMinusExcessOrLossesAmt
FieldValueIRS element (for citing)
Capital Gain Net Income$6,131CapitalGainNetIncomeAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$30,000AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$171,260NetVlNoncharitableAssetsYr1Amt
Distribution Yr10.175172DistributionYr1Rt
Adjusted Qlfy Distri Yr2$30,000AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$200,842NetVlNoncharitableAssetsYr2Amt
Distribution Yr20.149371DistributionYr2Rt
Adjusted Qlfy Distri Yr3$164,989AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$131,162NetVlNoncharitableAssetsYr3Amt
Distribution Yr31.257902DistributionYr3Rt
Adjusted Qlfy Distri Yr4$25,000AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4$63,076NetVlNoncharitableAssetsYr4Amt
Distribution Yr40.396347DistributionYr4Rt
Adjusted Qlfy Distri Yr5$29,000AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5$69,028NetVlNoncharitableAssetsYr5Amt
Distribution Yr50.420119DistributionYr5Rt
Total Distribution2.398911TotalDistributionRt
Average Distribution0.479782AverageDistributionRt
Net Vl Noncharitable Assets$180,811NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$86,750AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct$93NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$86,843AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$0QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$186InvestmentIncomeExciseTaxAmt
Subtotal$186SubtotalAmt
Tax Based On Investment Income$186TaxBasedOnInvestmentIncomeAmt
Tax Due$186TaxDueAmt

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 (2 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 ROSENSTEINPROVIDENCERI02940SECRETARY2.00$0$0$0
JAY ROSENSTEIN
PO BOX 9567PROVIDENCERI02940TREASURER2.00$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$173,207AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$10,357AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$183,564TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$183,564AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$2,753CashDeemedCharitableAmt
Net Vl Noncharitable Assets$180,811NetVlNoncharitableAssetsAmt
Minimum Investment Return$9,041MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$9,041MinimumInvestmentReturnAmt
Tax Based On Investment Income$186TaxBasedOnInvestmentIncomeAmt
Total Tax$186TotalTaxAmt
Distributable Before Adj$8,855DistributableBeforeAdjAmt
Distributable Before Ded$8,855DistributableBeforeDedAmt
Distributable As Adjusted$8,855DistributableAsAdjustedAmt

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$8,855DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$25,549ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$21,846ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$158,453ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$20,260ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$21,506ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$247,614TotalExcessDistributionCyovAmt
Excess Distri Cyov App CY Corpus$8,855ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY$8,855ExcessDistributionCyovAppCYAmt
Total Corpus$238,759TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$16,694ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$222,065ExcessDistriCyovToNextYrAmt
Excess From Year4$21,846ExcessFromYear4Amt
Excess From Year3$158,453ExcessFromYear3Amt
Excess From Year2$20,260ExcessFromYear2Amt
Excess From Year1$21,506ExcessFromYear1Amt

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$87ExclusionAmt

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$3,951ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$6,131ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$10,169ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$10,169TotalIncomeProducingActyAmt

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$883Amt
Net Investment Income$883NetInvestmentIncomeAmt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (5 entries)

StockStockNmEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
ISHARES CORE MCSI
I SHARES CORE S & P
ISHARES INC CORE
VANGIARD INDEX FDS SP 500
CITIZENS BANK$184,709$184,709

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail

FieldValueIRS element (for citing)
DescUNREALIZED APPRECIATION(DEPRECIATION) ON INVEST.Desc
Amt$5,372Amt

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