MARTIN J GROSS FAMILY FOUNDATION INC: Form 990PF, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- MARTIN J GROSS FAMILY FOUNDATION INC (EIN 47-2439743)
- Tax period
- 2020-01-01 to 2020-12-31
- Filed
- 2021-11-10
- IRS object ID
- 202133149349101963
- 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 Other Schedule2
- Legal Fees Schedule
- Other Assets Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Substantial Contributors Sch
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2021-11-10T13:41:22-06:00 | ReturnTs |
| Tax Period End | 2020-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 223123305 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MEISEL TUTEUR & LEWIS PC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 101 EISENHOWER PARKWAY | AddressLine1Txt |
| City | ROSELAND | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 070681086 | 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 | 472439743 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE MARTIN J GROSS FAMILY FOUNDATION I | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | MART | BusinessNameControlTxt |
| Phone | 9732338800 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1 SANDALWOOD DRIVE | AddressLine1Txt |
| City | LIVINGSTON | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07039 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MARTIN J GROSS | PersonNm |
| Person Title | PRESIDENT /CFO | PersonTitleTxt |
| Phone | 9732338800 | PhoneNum |
| Signature | 2021-11-10 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | MARTIN | PersonFirstNm |
| Person Last | GROSS | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | WILLIAM SCHWARZ CPA | PreparerPersonNm |
| PTIN | P00009779 | PTIN |
| Phone | 9732284600 | PhoneNum |
| Preparation | 2021-11-10 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | 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 | $7,710,750 | 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 | $870,000 | ContriRcvdRevAndExpnssAmt |
| Dividends Rev And Expnss | $335,302 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $335,302 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $78,871 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $129,038 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $78,871 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $126,193 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $126,193 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $1,410,366 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $540,366 | 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 |
| Legal Fees Rev And Expnss | $6,493 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $0 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $13,500 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $0 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $149,457 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $75,000 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $10,117 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $0 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $150,289 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $108,151 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $0 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $329,856 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $183,151 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $967,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $967,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,296,856 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $183,151 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $967,000 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $113,510 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $357,215 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $248,015 | CashBOYAmt |
| Cash EOY | $486,125 | CashEOYAmt |
| Cash EOYFMV | $486,125 | CashEOYFMVAmt |
| Acct Rcvbl | $22,664 | AcctRcvblAmt |
| Acct Rcvbl BOY | $13,210 | AcctRcvblBOYAmt |
| Acct Rcvbl EOY | $22,664 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $22,664 | AcctRcvblEOYFMVAmt |
| Prepaid Expenses BOY | $11,959 | PrepaidExpensesBOYAmt |
| Prepaid Expenses EOY | $75,261 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $75,261 | PrepaidExpensesEOYFMVAmt |
| Other Investments BOY | $4,304,084 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $4,275,235 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $4,275,235 | OtherInvestmentsEOYFMVAmt |
| Other Assets BOY | $2,793,727 | OtherAssetsBOYAmt |
| Other Assets EOY | $2,851,465 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $2,851,465 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $7,370,995 | TotalAssetsBOYAmt |
| Total Assets EOY | $7,710,750 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $7,710,750 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $8,250 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $7,750 | AccountsPayableEOYAmt |
| Other Liabilities BOY | $0 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $100,000 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $8,250 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $107,750 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $0 | CapitalStockBOYAmt |
| Capital Stock EOY | $0 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $7,362,745 | RetainedEarningBOYAmt |
| Retained Earning EOY | $7,603,000 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $7,362,745 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $7,603,000 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $7,370,995 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $7,710,750 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $7,362,745 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $113,510 | ExcessRevenueOverExpensesAmt |
| Other Increases | $183,082 | OtherIncreasesAmt |
| Subtotal | $7,659,337 | SubtotalAmt |
| Other Decreases | $56,337 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $7,603,000 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (12 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | Cost Or Other BasisCostOrOtherBasisAmt |
|---|---|---|---|---|---|---|
| PASSTHROUGH - CANYON LAUREL FUND | P | 2020-12-31 | $11,513 | $11,513 | $11,513 | |
| PASSTHROUGH - JERICA COMMERCIAL REAL ESTATE INDEX FUND | P | 2020-12-31 | $7 | $7 | $7 | |
| PASSTHROUGH - JERICA COMMERCIAL REAL ESTATE INDEX FUND | P | 2020-12-31 | -$895 | -$895 | $895 | |
| PASSTHROUGH - MAVERICK LIEN FUND V CO-INVESTORS LP | P | 2020-12-31 | $9,270 | $9,270 | $9,270 | |
| PASSTHROUGH - OXBRIDGE PARTNERS | P | 2020-12-31 | $370 | $370 | $370 | |
| PASSTHROUGH - SSCOF | P | 2020-12-31 | -$49,272 | -$49,272 | $49,272 | |
| PASSTHROUGH - SSCOF | P | 2020-12-31 | $48,484 | $48,484 | $48,484 | |
| PASSTHROUGH - CANYON LAUREL FUND | P | 2020-12-31 | $8,722 | $8,722 | $8,722 | |
| PASSTHROUGH - MAVERICK LIEN FUND V LP | P | 2020-12-31 | $29,324 | $29,324 | $29,324 | |
| PASSTHROUGH - MAVERICK LIEN FUND V LP | P | 2020-12-31 | $5,143 | $5,143 | $5,143 | |
| PASSTHROUGH - OXBRIDGE PARTNERS | P | 2020-12-31 | $5,618 | $5,618 | $5,618 | |
| PASSTHROUGH - PRIVATE II | P | 2020-12-31 | $10,587 | $10,587 | $10,587 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $78,871 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $4,965 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $4,965 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $4,965 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $4,000 | 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 | $4,000 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $11 | EsPenaltyAmt |
| Tax Due | $976 | 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 | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | NJ | 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 |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE FOUNDATION AS ADDRESSED | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 9732338800 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 101 EISENHOWER PARKWAY | AddressLine1Txt |
| City | ROSELAND | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07068 | 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 | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| MARTIN J GROSS | ||||||||
| 1 SANDALWOOD DRIVE | LIVINGSTON | NJ | 07039 | TRUSTEE | 1.00 | $0 | $0 | $0 |
| SHARON ALTMAN | ||||||||
| 504 LONG HILL DRIVE | SHORT HILLS | NJ | 07078 | TRUSTEE | 1.00 | $0 | $0 | $0 |
| MICHAEL S LEWIS CO MEISEL TUTEUR | ||||||||
| 101 EISENHOWER PARKWAY | ROSELAND | NJ | 07068 | TRUSTEE | 1.00 | $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 | $3,937,945 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $367,071 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $351,715 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $4,656,731 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $4,656,731 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $69,851 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $4,586,880 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $229,344 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $229,344 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $4,965 | TaxBasedOnInvestmentIncomeAmt |
| Income Tax | $5,041 | IncomeTaxAmt |
| Total Tax | $10,006 | TotalTaxAmt |
| Distributable Before Adj | $219,338 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $219,338 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $219,338 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $967,000 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $967,000 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $967,000 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $219,338 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $532,410 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $755,774 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $805,266 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $758,826 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $504,543 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $3,356,819 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $967,000 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $219,338 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $747,662 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $4,104,481 | 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 | $532,410 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $3,572,071 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $755,774 | ExcessFromYear4Amt |
| Excess From Year3 | $805,266 | ExcessFromYear3Amt |
| Excess From Year2 | $758,826 | ExcessFromYear2Amt |
| Excess From Year1 | $504,543 | ExcessFromYear1Amt |
| Excess From Current Year | $747,662 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (24 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line1RecipientForeignAddress/AddressLine1Txt | CityRecipientForeignAddress/CityNm | CountryRecipientForeignAddress/CountryCd | Address Line2RecipientUSAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|---|---|---|---|
| ALGEMEINER | ||||||||||
| 788 EASTERN PARKWAY SUITE 303 | BROOKLYN | NY | 11213 | NONE | CHARITY | $2,500 | ||||
| AMERICAN FREINDS OF IDC | ||||||||||
| 142 WEST 57TH STREET | NEW YORK | NY | 10019 | NONE | CHARITY | $14,000 | ||||
| AMERICAN FRIENDS OF THE HEBREW UNIVERSITY | ||||||||||
| ONE BATTERY PARK PLAZA 25TH FLOOR | NEW YORK | NY | 10004 | NONE | CHARITY | $149,700 | ||||
| AMERICAN ISRAEL EDUCATION FOUNDATION | ||||||||||
| 251 H STREET NW | WASHINGTON | DC | 20001 | NONE | CHARITY | $75,000 | ||||
| AMERICAN ISREAL FRIENDSHIP LEAGUE | ||||||||||
| 1460 BROADWAY | NEW YORK | NY | 10036 | NONE | CHARITY | $1,000 | ||||
| AMERICANS FOR OXFORD INC | ||||||||||
| 500 FIFTH AVENUE 32ND FLOOR | NEW YORK | NY | 10110 | NONE | CHARITY | $172,000 | ||||
| ATLANTIC HEALTH SYSTEM | ||||||||||
| 475 SOUTH STREET | MORRISTOWN | NJ | 07960 | NONE | CHARITY | $20,000 | ||||
| BALTIMORE SQUASHWISE | ||||||||||
| 3600 CLIPPER MILL ROAD | BALTIMORE | MD | 21211 | NONE | CHARITY | $2,000 | ||||
| CENTER FOR FAMILY SERVICES | ||||||||||
| 4101 PARKER AVENUE | WEST PALM BEACH | FL | 33405 | NONE | CHARITY | $3,000 | ||||
| CENTER FOR PEACE COMMUNICATIONS | ||||||||||
| 1623 FLATBUSH AVE | NEW YORK | NY | 11210 | NONE | CHARITY | $10,000 | ||||
| CONFERENCE OF PRESIDENTS OF MAJOR AMERICAN JEWISH ORGANIZATIONS | ||||||||||
| 633 THIRD AVENUE | NEW YORK | NY | 10017 | NONE | CHARITY | $10,000 | ||||
| COUNCIL ON FOREIGN RELATIONS | ||||||||||
| 58 EAST 68TH ST | NEW YORK | NY | 10065 | NONE | CHARITY | $1,000 | ||||
| FOUNDATION FOR MORRISTOWN MEDICAL CENTER | ||||||||||
| 475 SOUTH STREET | MORRISTOWN | NJ | 07960 | NONE | CHARITY | $25,000 | ||||
| GLASS ROOTS | ||||||||||
| 10 BLEEKER STREET | NEWARK | NJ | 07102 | NONE | CHARITY | $10,000 | ||||
| INSTITUE FOR NATIONAL SECURITY STUDIES | ||||||||||
| NONE | CHARITY | $10,000 | CHAIM LEVANON ST 40 | TEL AVIVYAFO | IS | |||||
| LIFETOWN | ||||||||||
| 10 MICROLAB ROAD | LIVINGSTON | NJ | 07039 | NONE | CHARITY | $5,000 | ||||
| LUPUS RESEARCH ALLIANCE | ||||||||||
| 275 MADISON AVE | NEW YORK | NY | 10016 | NONE | CHARITY | $20,000 | ||||
| MANHATTAN INSTITUTE FOR POLICY RESEARCH | ||||||||||
| 52 VANDERBILT AVENUE | NEW YORK | NY | 10017 | NONE | CHARITY | $40,000 | ||||
| NATIONAL MUSEUM OF AMERICAN JEWISH HISTORY | ||||||||||
| 101 S INDEPENDENCE MALL E | PHILADELPHIA | PA | 19106 | NONE | CHARITY | $1,800 | ||||
| NEW YORK HISTORICAL SOCIETY | ||||||||||
| 170 CENTRAL PARK WEST AT RICHARD | NEW YORK | NY | 10024 | NONE | CHARITY | $150,000 | GILDER WAY | |||
| SUCCESS ACADEMY CHARTER SCHOOLS | ||||||||||
| 95 PINE STREET FLOOR 6 | NEW YORK | NY | 10005 | NONE | CHARITY | $15,000 | ||||
| THE WASHINGTON INSTITUTE FOR NEAR EAST POLICY | ||||||||||
| 1111 19TH STREET NW SUITE 500 | WASHINGTON | DC | 20036 | NONE | CHARITY | $175,000 | ||||
| ZIONIST ORANIZATION OF AMERICA | ||||||||||
| 4 EAST 34TH STREET | NEW YORK | NY | 10016 | NONE | CHARITY | $5,000 | ||||
| REINHARZ FAMILY FOUNDATION | ||||||||||
| 131 SEWELL AVE | BROOKLINE | MA | 02446 | NONE | CHARITY | $50,000 | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $967,000 | 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) |
|---|---|---|
| Business | 523000 | BusinessCd |
| Exclusion | 14 | ExclusionCd |
| Exclusion | $335,302 | ExclusionAmt |
Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business | 523000 | BusinessCd |
| Exclusion | 14 | ExclusionCd |
| Exclusion | $126,193 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $78,871 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $540,366 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $540,366 | TotalIncomeProducingActyAmt |
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp (2 entries)
| Line NumberLineNumberTxt | Relationship StatementRelationshipStatementTxt |
|---|---|
| 4 | INVESTMENT MADE TO INCREASE THE REVENUE OF THE FOUNDATION |
| 7 | INVESTMENT MADE TO INCREASE THE REVENUE OF THE FOUNDATION |
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 (3 entries)
| ContributorContributorNum | Address Line1ContributorUSAddress/AddressLine1Txt | CityContributorUSAddress/CityNm | State AbbreviationContributorUSAddress/StateAbbreviationCd | ZIPContributorUSAddress/ZIPCd | Total ContributionsTotalContributionsAmt | Person ContributionPersonContributionInd |
|---|---|---|---|---|---|---|
| MARTIN J GROSS | ||||||
| 1 | ONE SANDALWOOD DRIVE | LIVINGSTON | NJ | 07039 | $150,000 | Yes (X) |
| SANDALWOOD ASSOCIATES III INC | ||||||
| 2 | ONE SANDALWOOD DRIVE | LIVINGSTON | NJ | 07039 | $295,000 | Yes (X) |
| SANDALWOOD ASSOCIATES I INC | ||||||
| 3 | ONE SANDALWOOD DRIVE | LIVINGSTON | NJ | 07039 | $425,000 | Yes (X) |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $13,500 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (2 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| INVESTMENTS | AT COST | $3,921,806 | $3,921,806 |
| MARKETABLE SECURITIES | AT COST | $353,429 | $353,429 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | CategoryTxt |
| Legal Fees | $6,493 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | BOOKS AND MANUSCRIPTS USED IN CHARITABLE PURPOSE | Desc |
| BOY Book Value | $2,793,727 | BOYBookValueAmt |
| EOY Book Value | $2,851,465 | EOYBookValueAmt |
| EOYFMV | $2,851,465 | EOYFMVAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail (4 entries)
| DescDesc | AmtAmt |
|---|---|
| MAVERICK LIEN FUND V CO-INVESTORS | $16,280 |
| MAVERICK LIEN FUND V LP | $24,976 |
| OXBRIDGE PARTNERS | $6,609 |
| SANDALWOOD PRIVATE II | $8,472 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (17 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| BANK FEES | $2,979 | $0 | $0 |
| INSURANCE | $4,535 | $0 | $0 |
| OFFICE EXPENSE | $301 | $0 | $0 |
| OTHER INCOME (LOSS) - JERRICA COMMERCIAL REAL ESTATE INDEX FUND | $14,556 | $14,556 | $0 |
| PORTFOILIO DEDUCTIONS - 651 NY AVE FUNDING LLC | $1 | $1 | $0 |
| PORTFOILIO DEDUCTIONS - LCP NPL 7 2018 LLC | $74 | $74 | $0 |
| PORTFOILIO DEDUCTIONS - SANDALWOOD PRIVATE II | $2,447 | $2,447 | $0 |
| PORTFOILIO DEDUCTIONS - SSCOF | $58,999 | $58,999 | $0 |
| PORTFOILIO DEDUCTIONS - UPPER90 FUND II LLC | $2,349 | $2,349 | $0 |
| PORTFOILIO DEDUCTIONS - UPPER90 THRASIO II LLC | $2,663 | $2,663 | $0 |
| PORTFOLIO DEDUCTIONS - JERICA COMMERCIAL REAL ESTATE INDEX FUND, LP | $6,385 | $6,385 | $0 |
| PORTFOLIO DEDUCTIONS - MAVEREICK LIEN FUND V CO-INVESTORS | $639 | $639 | $0 |
| PORTFOLIO DEDUCTIONS - MAVERICK LEIN FUND V | $13,192 | $13,192 | $0 |
| PORTFOLIO DEDUCTIONS - OXBRIDGE PARTNERS LP | $3,787 | $3,787 | $0 |
| PORTFOLIO DEUDCTIONS - CANYON LAUREL FUND | $2,415 | $2,415 | $0 |
| PRINTING & COPYING | $34,323 | $0 | $0 |
| INVESTMENT EXPENSES | $644 | $644 | $0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (7 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| 651 NY AVE FUNDING LLC | $1 | $1 | $1 |
| ACRES CAPITAL DEBT OPPORTUNITY FUND | $12,589 | $12,589 | $12,589 |
| COLUMBIA LAKE PARTNERS GROWTH LENDING | $20,058 | $20,058 | $20,058 |
| OXBRIDGE PARTNERS | $6,691 | $6,691 | $6,691 |
| CANYON COMMERICAL REAL ESTATE INDEX FUND | $2,839 | $2,839 | $2,839 |
| SANDALWOOD PRIVATE II | $130 | $130 | $130 |
| SSCOF | $83,885 | $83,885 | $83,885 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail (6 entries)
| DescDesc | AmtAmt |
|---|---|
| 651 NY AVE FUNDING LLC | $26,766 |
| CANYON LAUREL FUND | $28,152 |
| COLUMBIA LAKE PARTNERS GROWTH LENDING | $32,338 |
| JERICA COMMERCIAL REAL ESTATE INDEX FUND | $47,432 |
| SANDALWOOD SPECIAL CREDIT OPPORTUNITY FUND | $45,069 |
| UPPER90 FUND II LLC | $3,325 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | CONTRIBUTION PAYABLE | Desc |
| BOY Book Value | $0 | BOYBookValueAmt |
| EOY Book Value | $100,000 | EOYBookValueAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (4 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| APPRAISAL FEES | $68,961 | $0 | $0 |
| INVESTMENT ADVISORY FEES | $75,000 | $75,000 | $0 |
| MISCELLANEOUS | $496 | $0 | $0 |
| PHOTOGRAPHY | $5,000 | $0 | $0 |
Substantial Contributors Sch SubstantialContributorsSch
Substantial Contributor Detail SubstantialContributorDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MARTIN J GROSS | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1 SANDALWOOD DRIVE | AddressLine1Txt |
| City | LIVINGSTON | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07039 | ZIPCd |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | TAXES | CategoryTxt |
| Amt | $10,117 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
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