BARNEY II FOUNDATION: Form 990PF, tax year 2020

View the entire original 990 at ProPublica ↗

Organization
BARNEY II FOUNDATION (EIN 36-3434490)
Tax period
2020-01-01 to 2020-12-31
Filed
2021-09-08
IRS object ID
202132519349100418
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)
Return2021-09-08T11:51:16-07:00ReturnTs
Tax Period End2020-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN363430638PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1PBG FINANCIAL SERVICES LTDBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1666 Dundee Road Suite 401AddressLine1Txt
CityNorthbrookCityNm
State AbbreviationILStateAbbreviationCd
ZIP60062ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2020-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN363434490EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1BARNEY II FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlBARNBusinessNameControlTxt
Phone3156373323PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line12929 DENTON COURTAddressLine1Txt
CityWESTCHESTERCityNm
State AbbreviationILStateAbbreviationCd
ZIP60154ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonWILLIAM REICHARDT JRPersonNm
Person TitlePresidentPersonTitleTxt
Signature2021-09-08SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstWILLIAM REICHARDTPersonFirstNm
Person LastJRPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonSTEVE SILBERMANPreparerPersonNm
PTINP00362034PTIN
Phone8472911400PhoneNum

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer2TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
Federated Assurance LevelFAL1FederatedAssuranceLevelCd
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$0FMVAssetsEOYAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Dividends Rev And Expnss$435DividendsRevAndExpnssAmt
Dividends Net Invst Incm$435DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$77,895NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$129,297GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$77,895CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$78,330TotalRevAndExpnssAmt
Total Net Invst Incm$78,330TotalNetInvstIncmAmt
Accounting Fees Rev And Expnss$5,150AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$5,150AccountingFeesNetInvstIncmAmt
Accounting Fees Chrtbl Prps$5,150AccountingFeesChrtblPrpsAmt
Trav Conf Meeting Rev And Expnss$2,211TravConfMeetingRevAndExpnssAmt
Trav Conf Meeting Dsbrs Chrtbl$2,211TravConfMeetingDsbrsChrtblAmt
Other Expenses Rev And Expnss$4,378OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$2,262OtherExpensesNetInvstIncmAmt
Other Expenses Dsbrs Chrtbl$2,116OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$11,739TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$7,412TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$9,477TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$164,010ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$164,010ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$175,749TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$7,412TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$173,487TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$97,419ExcessRevenueOverExpensesAmt
Net Investment Income$70,918NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$8,845CashBOYAmt
Cash EOY$5,113CashEOYAmt
Sav And Temp Cash Invst BOY$51,895SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$5,238SavAndTempCashInvstEOYAmt
Rcvbl From Officers BOY$185RcvblFromOfficersBOYAmt
Rcvbl From Officers EOY$185RcvblFromOfficersEOYAmt
Corporate Stock BOY$146,412CorporateStockBOYAmt
Corporate Stock EOY$95,011CorporateStockEOYAmt
Other Investments BOY$67,087OtherInvestmentsBOYAmt
Other Investments EOY$50,391OtherInvestmentsEOYAmt
Land Bldg Equip Cost Or Other Bss$1,921LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$1,920LandBldgEquipAccumDeprecAmt
Land BOY$1LandBOYAmt
Land EOY$1LandEOYAmt
Other Assets BOY$5,000OtherAssetsBOYAmt
Other Assets EOY$5,000OtherAssetsEOYAmt
Total Assets BOY$279,425TotalAssetsBOYAmt
Total Assets EOY$160,939TotalAssetsEOYAmt
Total Assets EOYFMV$0TotalAssetsEOYFMVAmt
Accounts Payable BOY$9,067AccountsPayableBOYAmt
Other Liabilities BOY$188,287OtherLiabilitiesBOYAmt
Other Liabilities EOY$176,287OtherLiabilitiesEOYAmt
Total Liabilities BOY$197,354TotalLiabilitiesBOYAmt
Total Liabilities EOY$176,287TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Capital Stock BOY$82,071CapitalStockBOYAmt
Capital Stock EOY-$15,348CapitalStockEOYAmt
Tot Net Ast Or Fund Balances BOY$82,071TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY-$15,348TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$279,425TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$160,939TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$82,071TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$97,419ExcessRevenueOverExpensesAmt
Subtotal-$15,348SubtotalAmt
Tot Net Ast Or Fund Balances EOY-$15,348TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp

FieldValueIRS element (for citing)
PropertyFIDELITYPropertyDesc
How AcquiredPHowAcquiredCd
Acquired2000-01-01AcquiredDt
Sold2020-01-01SoldDt
Gross Sales Price$129,297GrossSalesPriceAmt
Cost Or Other Basis$51,402CostOrOtherBasisAmt
Gain Or Loss$77,895GainOrLossAmt
Gains Minus Excess Or Losses$77,895GainsMinusExcessOrLossesAmt
FieldValueIRS element (for citing)
Capital Gain Net Income$77,895CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$986InvestmentIncomeExciseTaxAmt
Subtotal$986SubtotalAmt
Tax Based On Investment Income$986TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$1,662EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits$1,662TotalPaymentsAndCreditsAmt
Overpayment$676OverpaymentAmt
Applied To ES Tax$676AppliedToESTaxAmt

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

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1WILLIAM REICHARDT JRBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone3156373323PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line12929 DENTON COURTAddressLine1Txt
CityWESTCHESTERCityNm
State AbbreviationILStateAbbreviationCd
ZIP60154ZIPCd
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
Acts Fail To Qlfy As ExceptionsfalseActsFailToQlfyAsExceptionsInd
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
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

FieldValueIRS element (for citing)
PersonWILLIAM REICHARDT JRPersonNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line12929 DENTON COURTAddressLine1Txt
CityWESTCHESTERCityNm
State AbbreviationILStateAbbreviationCd
ZIP60154ZIPCd
FieldValueIRS element (for citing)
TitlePresidentTitleTxt
Average Hrs Per Wk Devoted To Pos2.00AverageHrsPerWkDevotedToPosRt
Compensation$0CompensationAmt
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$311,876AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$63,963AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$375,839TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$375,839AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$5,638CashDeemedCharitableAmt
Net Vl Noncharitable Assets$370,201NetVlNoncharitableAssetsAmt
Minimum Investment Return$18,510MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$18,510MinimumInvestmentReturnAmt
Tax Based On Investment Income$986TaxBasedOnInvestmentIncomeAmt
Total Tax$986TotalTaxAmt
Distributable Before Adj$17,524DistributableBeforeAdjAmt
Distributable Before Ded$17,524DistributableBeforeDedAmt
Distributable As Adjusted$17,524DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$173,487ExpensesAndContributionsAmt
Qualifying Distributions$173,487QualifyingDistributionsAmt
Adjusted Qualifying Distri$173,487AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$17,524DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$184,434ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$307,267ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$211,014ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$230,618ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$184,802ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$1,118,135TotalExcessDistributionCyovAmt
Qualifying Distributions$173,487QualifyingDistributionsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$17,524AppliedToCurrentYearAmt
Remaining Distri From Corpus$155,963RemainingDistriFromCorpusAmt
Total Corpus$1,274,098TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$184,434ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$1,089,664ExcessDistriCyovToNextYrAmt
Excess From Year4$307,267ExcessFromYear4Amt
Excess From Year3$211,014ExcessFromYear3Amt
Excess From Year2$230,618ExcessFromYear2Amt
Excess From Year1$184,802ExcessFromYear1Amt
Excess From Current Year$155,963ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp

FieldValueIRS element (for citing)
Recipient PersonSEE STATEMENTRecipientPersonNm

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line12929 DENTON COURTAddressLine1Txt
CityWESTCHESTERCityNm
State AbbreviationILStateAbbreviationCd
ZIP60154ZIPCd
FieldValueIRS element (for citing)
Recipient RelationshipNONERecipientRelationshipTxt
Recipient Foundation StatusPFRecipientFoundationStatusTxt
Grant Or Contribution PurposeDONATIONSGrantOrContributionPurposeTxt
Amt$164,010Amt
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$164,010TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$435ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$77,895RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$435ExclusionAmt
Related Or Exempt Function Incm$77,895RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$78,330TotalIncomeProducingActyAmt

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$5,150Amt
Net Investment Income$5,150NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$5,150DisbursementsCharitablePrpsAmt

Land Etc Schedule2 LandEtcSchedule2

Land Etc LandEtcGrp

FieldValueIRS element (for citing)
Category Or ItemMiscellaneousCategoryOrItemTxt
Cost Or Other Basis$1,921CostOrOtherBasisAmt
Accumulated Depreciation$1,920AccumulatedDepreciationAmt
Book Value$1BookValueAmt

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp

FieldValueIRS element (for citing)
DescDUE FROM OTHERSDesc
BOY Book Value$5,000BOYBookValueAmt
EOY Book Value$5,000EOYBookValueAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (6 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmtNet Investment IncomeNetInvestmentIncomeAmt
CREDIT CARD FEES$101$101
DUES AND SUBSCRIPTIONS$125$125
K-1 EXPENSES$2,262$2,262
LICENSE AND FEES$25$25
MEALS AND ENTERTAINMENT$556$556
OFFICE EXPENSE$1,309$1,309

Other Liabilities Schedule OtherLiabilitiesSchedule

Other Liabilities Detail OtherLiabilitiesDetail (2 entries)

DescDescBOY Book ValueBOYBookValueAmtEOY Book ValueEOYBookValueAmt
ANNUITY PAYABLE$108,287$96,287
DUE TO OTHERS$80,000$80,000

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