FARBER FAMILY FOUNDATION INC: Form 990PF, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- FARBER FAMILY FOUNDATION INC (EIN 65-0336266)
- Tax period
- 2020-01-01 to 2020-12-31
- Filed
- 2021-05-03
- IRS object ID
- 202121239349100922
- 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
- Form 990-PF
- Schedule B
- Accounting Fees Schedule
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Other Decreases Schedule
- Other Expenses Schedule
- Other Increases Schedule
- Other Professional Fees Schedule
- Substantial Contributors Sch
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2021-05-03T10:45:59-05:00 | ReturnTs |
| Tax Period End | 2020-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 454793713 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FAIRMAN GROUP FAMILY OFFICE LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1200 LIBERTY RIDGE DRIVE SUITE 320 | AddressLine1Txt |
| City | CHESTERBROOK | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 19087 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2020-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 650336266 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FARBER FAMILY FOUNDATION INC | BusinessNameLine1Txt |
| Business Name Line2 | C/O FAIRMAN GROUP FAMILY OFFICE | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | FARB | BusinessNameControlTxt |
| Phone | 6108897300 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1200 LIBERTY RIDGE DRIVE SUITE 320 | AddressLine1Txt |
| City | CHESTERBROOK | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 19087 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ELLEN FARBER | PersonNm |
| Person Title | EXECUTIVE DIRECTOR | PersonTitleTxt |
| Phone | 6108897300 | PhoneNum |
| Signature | 2021-04-26 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | ELLEN | PersonFirstNm |
| Person Last | FARBER | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | MARIANNE INFORZATO | PreparerPersonNm |
| PTIN | P00750114 | PTIN |
| Phone | 6108897300 | PhoneNum |
| Preparation | 2021-04-26 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 3 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2020 | 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 | $19,160,584 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $2,745,105 | ContriRcvdRevAndExpnssAmt |
| Dividends Rev And Expnss | $349,327 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $349,327 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $2,441,109 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $10,610,195 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $2,441,109 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $5,535,541 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $2,790,436 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $23,713 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $0 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $78,057 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $78,057 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $31,906 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $8,406 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $9,407 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $9,407 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $0 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $143,083 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $95,870 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $631,833 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $4,656,833 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $774,916 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $95,870 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $4,656,833 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $4,760,625 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $2,694,566 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $325,384 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $603,758 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $603,758 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl | $31,205 | AcctRcvblAmt |
| Acct Rcvbl BOY | $34,109 | AcctRcvblBOYAmt |
| Acct Rcvbl EOY | $31,205 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $31,205 | AcctRcvblEOYFMVAmt |
| Corporate Stock BOY | $10,720,822 | CorporateStockBOYAmt |
| Corporate Stock EOY | $9,983,637 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $15,833,743 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $1,365,062 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $1,423,795 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $1,458,457 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $973,885 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $966,854 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $1,233,421 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $13,419,262 | TotalAssetsBOYAmt |
| Total Assets EOY | $13,009,249 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $19,160,584 | TotalAssetsEOYFMVAmt |
| Grants Payable BOY | $5,050,000 | GrantsPayableBOYAmt |
| Grants Payable EOY | $1,050,000 | GrantsPayableEOYAmt |
| Total Liabilities BOY | $5,050,000 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $1,050,000 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $0 | CapitalStockBOYAmt |
| Capital Stock EOY | $0 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $8,052,777 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $8,052,777 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $316,485 | RetainedEarningBOYAmt |
| Retained Earning EOY | $3,906,472 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $8,369,262 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $11,959,249 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $13,419,262 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $13,009,249 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $8,369,262 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $4,760,625 | ExcessRevenueOverExpensesAmt |
| Other Increases | $1,624 | OtherIncreasesAmt |
| Subtotal | $13,131,511 | SubtotalAmt |
| Other Decreases | $1,172,262 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $11,959,249 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (10 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | Gross Sales PriceGrossSalesPriceAmt |
|---|---|---|---|---|---|---|---|
| FROM K-1: ALPHAGEN EUROPEAN | P | 2020-01-01 | 2020-12-31 | $5,923 | -$5,923 | -$5,923 | |
| FROM K-1: ALPHAGEN EUROPEAN | P | 2010-01-01 | 2020-12-31 | $67,959 | $67,959 | $67,959 | |
| FROM K-1: ALPHAGEN EUROPEAN | P | 2010-01-01 | 2020-12-31 | $80,057 | -$80,057 | -$80,057 | |
| CHARLES SCHWAB (7141) | P | 2020-01-01 | 2020-12-31 | $161,945 | -$3,873 | -$3,873 | $158,072 |
| CHARLES SCHWAB (7141) | P | 2018-01-01 | 2020-12-31 | $4,316,868 | $929,187 | $929,187 | $5,246,055 |
| CHARLES SCHWAB (5035) | P | 2020-01-01 | 2020-12-31 | $438,762 | $33,154 | $33,154 | $471,916 |
| CHARLES SCHWAB (5035) | P | 2018-01-01 | 2020-12-31 | $1,698,890 | $1,474,462 | $1,474,462 | $3,173,352 |
| CHARLES SCHWAB (0707) | P | 2020-01-01 | 2020-12-31 | $833,767 | -$23,772 | -$23,772 | $809,995 |
| CHARLES SCHWAB (0707) | P | 2018-01-01 | 2020-12-31 | $632,874 | -$11,916 | -$11,916 | $620,958 |
| CAPITAL GAINS DIVIDENDS | P | $61,888 | $61,888 | $61,888 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $2,441,109 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $37,454 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $37,454 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $37,454 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $29,527 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $29,527 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $0 | EsPenaltyAmt |
| Tax Due | $7,927 | TaxDueAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | FL | OrgReportOrRegisterStateCd |
| Org Report Or Register State | PA | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | Yes (1) | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | FAIRMAN GROUP FAMILY OFFICE LLP | IndividualWithBooksNm |
| Phone | 6108897300 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1200 LIBERTY RIDGE DRIVE SUITE 320 | AddressLine1Txt |
| City | CHESTERBROOK | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 19087 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | Address Line2USAddress/AddressLine2Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|---|
| JACK FARBER | |||||||||
| C/O FAIRMAN GROUP FAMILY OFFICE | 1200 LIBERTY RIDGE DRIVE SUITE 320 | CHESTERBROOK | PA | 19087 | CHAIRMAN & DIRECTOR | 5.00 | $0 | $0 | $0 |
| VIVIAN FARBER | |||||||||
| C/O FAIRMAN GROUP FAMILY OFFICE | 1200 LIBERTY RIDGE DRIVE SUITE 320 | CHESTERBROOK | PA | 19087 | PRESIDENT & DIRECTOR | 3.00 | $0 | $0 | $0 |
| ELLEN FARBER | |||||||||
| C/O FAIRMAN GROUP FAMILY OFFICE | 1200 LIBERTY RIDGE DRIVE SUITE 320 | CHESTERBROOK | PA | 19087 | EX. DIRECTOR, TREASURER, S | 10.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $15,609,186 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $2,236,255 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $1,091,105 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $18,936,546 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $18,936,546 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $284,048 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $18,652,498 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $932,625 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $932,625 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $37,454 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $37,454 | TotalTaxAmt |
| Distributable Before Adj | $895,171 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $895,171 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $895,171 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $4,656,833 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $4,656,833 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $4,656,833 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $895,171 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $347,396 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $4,896,343 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $3,606,179 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $5,066,926 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $4,508,479 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $18,425,323 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $4,656,833 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $895,171 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $3,761,662 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $22,186,985 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $347,396 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $21,839,589 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $4,896,343 | ExcessFromYear4Amt |
| Excess From Year3 | $3,606,179 | ExcessFromYear3Amt |
| Excess From Year2 | $5,066,926 | ExcessFromYear2Amt |
| Excess From Year1 | $4,508,479 | ExcessFromYear1Amt |
| Excess From Current Year | $3,761,662 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | JACK FARBER | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (20 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| ABRAMSON CENTER | |||||||
| 1425 HORSHAM ROAD | NORTH WALES | PA | 19454 | NONE | PUBLIC | GENERAL | $50,000 |
| ALS ASSOCIATION | |||||||
| 321 NORRISTOWN ROAD | AMBLER | PA | 19002 | NONE | PUBLIC | GENERAL | $55,000 |
| ALZHEIMER'S ASSOCIATION | |||||||
| 399 MARKET STREET SUITE 102 | PHILADELPHIA | PA | 19106 | NONE | PUBLIC | GENERAL | $7,500 |
| AMERICAN JEWISH COMMITTEE | |||||||
| 165 E 56TH STREET | NEW YORK | NY | 100222746 | NONE | PUBLIC | GENERAL | $10,000 |
| ANTI-DEFAMATION LEAGUE | |||||||
| 605 THIRD AVENUE | NEW YORK | NY | 101583560 | NONE | PUBLIC | GENERAL | $25,000 |
| HABITAT FOR HUMANITY | |||||||
| 1829 N 19TH STREET | PHILADELPHIA | PA | 19121 | NONE | PUBLIC | GENERAL | $45,833 |
| HARCUM COLLEGE - ELLEN B FARBER OPPORTUNITY FUND | |||||||
| 750 MONTGOMERY AVE | BRYN MAWR | PA | 19010 | NONE | PUBLIC | GENERAL | $10,000 |
| JEWISH FEDERATION OF GREATER PHILADELPHIA | |||||||
| 2100 ARCH STREET | PHILADELPHIA | PA | 19103 | NONE | PUBLIC | GENERAL | $78,000 |
| JEWISH FEDERATION OF PALM BEACH | |||||||
| 1 HARVARD CIRCLE STE 100 | WEST PALM BEACH | FL | 33409 | NONE | PUBLIC | GENERAL | $68,000 |
| NATIONAL LIBERTY MUSEUM | |||||||
| 321 CHESTNUT STREET | PHILADELPHIA | PA | 191062707 | NONE | PUBLIC | GENERAL | $25,000 |
| NEW HORIZONS | |||||||
| 5550 TECH CENTER DRIVE | COLORADO SPRINGS | CO | 80919 | NONE | PUBLIC | GENERAL | $2,500 |
| PHILADELPHIA FOUNDATION - PHL COVID-19 FUND | |||||||
| PO BOX 826728 | PHILADELPHIA | PA | 19182 | NONE | PUBLIC | GENERAL | $25,000 |
| PLAYWORKS PENNSYLVANIA | |||||||
| 1518 WALNUT STREET PENTHOUSE | PHILADELPHIA | PA | 19102 | NONE | PUBLIC | GENERAL | $35,000 |
| ROCK TO THE FUTURE | |||||||
| 2139 E CUMBERLAND ST | PHILADELPHIA | PA | 19125 | NONE | PUBLIC | GENERAL | $30,000 |
| THE PARKINSON COUNCIL | |||||||
| 111 PRESIDENTIAL BLVD STE 141 | BALA CYNWYD | PA | 19004 | NONE | PUBLIC | GENERAL | $15,000 |
| THOMAS JEFFERSON UNIVERSITY - JEFFERSON AWARDS GALA | |||||||
| 925 CHESTNUT STREET STE 110 | PHILADELPHIA | PA | 19107 | NONE | PUBLIC | GENERAL | $125,000 |
| THOMAS JEFFERSON UNIVERSITY - VICKIE & JACK INST FOR NEUROSCIENCE | |||||||
| 900 WALNUT STREET SUITE 400 | PHILADELPHIA | PA | 19107 | NONE | PUBLIC | GENERAL | $3,000,000 |
| UNITED WAY | |||||||
| 7 BENJAMIN FRANKLIN PARKWAY | PHILADELPHIA | PA | 19103 | NONE | PUBLIC | GENERAL | $30,000 |
| UNIVERSITY OF PENNSYLVANIAWXPN | |||||||
| 3025 WALNUT STREET | PHILADELPHIA | PA | 19104 | NONE | PUBLIC | GENERAL | $20,000 |
| WILLS EYE INSTITUTE - VICKIE & JACK FARBER VISION RESEARCH CENTER | |||||||
| 840 WALNUT STREET | PHILADELPHIA | PA | 19107 | NONE | PUBLIC | GENERAL | $1,000,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $4,656,833 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $349,327 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $2,441,109 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $2,790,436 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $2,790,436 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp (18 entries)
| ContributorContributorNum | Address Line1ContributorUSAddress/AddressLine1Txt | CityContributorUSAddress/CityNm | State AbbreviationContributorUSAddress/StateAbbreviationCd | ZIPContributorUSAddress/ZIPCd | Total ContributionsTotalContributionsAmt | Person ContributionPersonContributionInd | Noncash ContributionNoncashContributionInd |
|---|---|---|---|---|---|---|---|
| JACK FARBER | |||||||
| 1 | 3056 MIRO DRIVE NORTH | PALM BEACH GARDENS | FL | 33410 | $64,050 | Yes (X) | |
| JACK FARBER | |||||||
| 2 | 3056 MIRO DRIVE NORTH | PALM BEACH GARDENS | FL | 33410 | $316,701 | Yes (X) | |
| JACK FARBER | |||||||
| 3 | 3056 MIRO DRIVE NORTH | PALM BEACH GARDENS | FL | 33410 | $432,248 | Yes (X) | |
| JACK FARBER | |||||||
| 4 | 3056 MIRO DRIVE NORTH | PALM BEACH GARDENS | FL | 33410 | $130,424 | Yes (X) | |
| JACK FARBER | |||||||
| 5 | 3056 MIRO DRIVE NORTH | PALM BEACH GARDENS | FL | 33410 | $175,518 | Yes (X) | |
| JACK FARBER | |||||||
| 6 | 3056 MIRO DRIVE NORTH | PALM BEACH GARDENS | FL | 33410 | $107,483 | Yes (X) | |
| JACK FARBER | |||||||
| 7 | 3056 MIRO DRIVE NORTH | PALM BEACH GARDENS | FL | 33410 | $48,735 | Yes (X) | |
| JACK FARBER | |||||||
| 8 | 3056 MIRO DRIVE NORTH | PALM BEACH GARDENS | FL | 33410 | $219,927 | Yes (X) | |
| JACK FARBER | |||||||
| 9 | 3056 MIRO DRIVE NORTH | PALM BEACH GARDENS | FL | 33410 | $175,032 | Yes (X) | |
| JACK FARBER | |||||||
| 10 | 3056 MIRO DRIVE NORTH | PALM BEACH GARDENS | FL | 33410 | $58,055 | Yes (X) | |
| JACK FARBER | |||||||
| 11 | 3056 MIRO DRIVE NORTH | PALM BEACH GARDENS | FL | 33410 | $54,613 | Yes (X) | |
| JACK FARBER | |||||||
| 12 | 3056 MIRO DRIVE NORTH | PALM BEACH GARDENS | FL | 33410 | $354,446 | Yes (X) | |
| JACK FARBER | |||||||
| 13 | 3056 MIRO DRIVE NORTH | PALM BEACH GARDENS | FL | 33410 | $78,757 | Yes (X) | |
| JACK FARBER | |||||||
| 14 | 3056 MIRO DRIVE NORTH | PALM BEACH GARDENS | FL | 33410 | $28,506 | Yes (X) | |
| JACK FARBER | |||||||
| 15 | 3056 MIRO DRIVE NORTH | PALM BEACH GARDENS | FL | 33410 | $177,426 | Yes (X) | |
| JACK FARBER | |||||||
| 16 | 3056 MIRO DRIVE NORTH | PALM BEACH GARDENS | FL | 33410 | $66,681 | Yes (X) | |
| JACK FARBER | |||||||
| 17 | 3056 MIRO DRIVE NORTH | PALM BEACH GARDENS | FL | 33410 | $87,115 | Yes (X) | |
| JACK FARBER | |||||||
| 18 | 3056 MIRO DRIVE NORTH | PALM BEACH GARDENS | FL | 33410 | $169,388 | Yes (X) | |
Non Cash Property Contribution NonCashPropertyContributionGrp (17 entries)
| ContributorContributorNum | Noncash PropertyNoncashPropertyDesc | Fair Market ValueFairMarketValueAmt | ReceivedReceivedDt |
|---|---|---|---|
| 2 | 100 SHS 1/100 BERKSHIRE HATHAWAY INC. CLASS A | $316,701 | 2020-08-14 |
| 3 | 1,325 SHS MASTERCARD INC. | $432,248 | 2020-08-14 |
| 4 | 1,975 SHS COMPAGNIE FINANCIERE RICHEMONT | $130,424 | 2020-08-14 |
| 5 | 2,255 SHS PHILLIP MORRIS INTERNATIONAL | $175,518 | 2020-08-14 |
| 6 | 1,050 SHS JP MORGAN CHASE & CO. | $107,483 | 2020-08-14 |
| 7 | 1,425 SHS DIAGEO PLC | $48,735 | 2020-08-14 |
| 8 | 1,300 SHS PERNOD RICARD | $219,927 | 2020-08-14 |
| 9 | 3,000 SHS UNILEVER NV | $175,032 | 2020-08-14 |
| 10 | 275 SHS BERKSHIRE HATHAWAY INC. CLASS B | $58,055 | 2020-08-14 |
| 11 | 1,250 SHS COMCAST CORPORATION CLASS A | $54,613 | 2020-08-14 |
| 12 | 2,975 SHS NESTLE SA ADR | $354,446 | 2020-08-14 |
| 13 | 359 SHS MARTIN MARIETTA MATERIALS | $78,757 | 2020-08-14 |
| 14 | 400 SHS BROWN FORMAN CORPORATION CLASS B | $28,506 | 2020-08-14 |
| 15 | 2,175 SHS HEINEKEN HOLDINGS | $177,426 | 2020-08-14 |
| 16 | 1,025 SHS BROWN FORMAN CORPORATION CLASS A | $66,681 | 2020-08-14 |
| 17 | 1,550 SHS ANHEUSER-BUSCH IN BEV | $87,115 | 2020-08-14 |
| 18 | 112 SHS ALPHABET INC. CLASS C | $169,388 | 2020-08-14 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| ACCOUNTING FEES | $13,813 | $0 | $0 |
| TAX PREPARATION AND CONSULTING | $9,900 | $0 | $0 |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | CHARLES SCHWAB (0707) - CORPORATE BONDS | BondNm |
| EOY Book Value | $1,423,795 | EOYBookValueAmt |
| EOYFMV | $1,458,457 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (2 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| CHARLES SCHWAB (5035) - EQUITIES | $544,173 | $1,105,316 |
| CHARLES SCHWAB (7141) - EQUITIES | $9,439,464 | $14,728,427 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | ALPHAGEN EURP BEST IDEAS FUND | CategoryOrItemTxt |
| Listed At Cost Or FMV | AT COST | ListedAtCostOrFMVCd |
| Book Value | $966,854 | BookValueAmt |
| EOYFMV | $1,233,421 | EOYFMVAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | UNREALIZED APPRECIATION ON CONTRIBUTED ASSETS | Desc |
| Amt | $1,172,262 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | FROM K-1: ALPHAGEN EUROPEAN BEST IDEAS FUND, LLC | Desc |
| Revenue And Expenses Per Books | $9,407 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $9,407 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | BOOK VALUE ADJUSTMENT - INCOME/EXPENSES NOT REPORTED ON BOOKS | Desc |
| Amt | $1,624 | Amt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| CUSTODY FEES | $146 | $146 | $0 |
| INVESTMENT MANAGEMENT FEES | $77,859 | $77,859 | $0 |
| BANK FEES | $52 | $52 | $0 |
Substantial Contributors Sch SubstantialContributorsSch
Substantial Contributor Detail SubstantialContributorDetail (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd |
|---|---|---|---|
| JACK FARBER | |||
| 3056 MIRO DRIVE NORTH | PALM BEACH GARDENS | FL | 33410 |
| VIVIAN FARBER | |||
| 3056 MIRO DRIVE NORTH | PALM BEACH GARDENS | FL | 33410 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (4 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| 2020 2ND QUARTER ESTIMATED TAX PAYMENT | $7,500 | $0 | $0 |
| FOREIGN TAXES PAID | $8,406 | $8,406 | $0 |
| 2020 3RD QUARTER ESTIMATED TAX PAYMENT | $10,000 | $0 | $0 |
| 2020 4TH QUARTER ESTIMATED TAX PAYMENTS | $6,000 | $0 | $0 |
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