ZOOM FOUNDATION: Form 990PF, tax year 2018
View the entire original 990 at ProPublica ↗
- Organization
- ZOOM FOUNDATION (EIN 06-1600601)
- Tax period
- 2018-07-01 to 2019-06-30
- Filed
- 2019-12-19
- IRS object ID
- 201943539349100304
- Schema version
- 2018v3.1
- 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
- Depreciation Schedule
- Gain Loss Sale Other Assets Sch
- Investments Corp Stock Schedule
- Land Etc Schedule2
- Legal Fees Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2019-12-19T11:57:05-08:00 | ReturnTs |
| Tax Period End | 2019-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MOSKOWITZ & ASSOCIATES CPA's PC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 660 WHITE PLAINS RD | AddressLine1Txt |
| City | TARRYTOWN | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 105915187 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2018-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 061600601 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE ZOOM FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | ZOOM | BusinessNameControlTxt |
| Phone | 2039551170 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1210 POST ROAD | AddressLine1Txt |
| City | FAIRFIELD | CityNm |
| State Abbreviation | CT | StateAbbreviationCd |
| ZIP | 06824 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | SUSAN MANDEL | PersonNm |
| Person Title | TRUSTEE | PersonTitleTxt |
| Phone | 2039551170 | PhoneNum |
| Signature | 2019-12-19 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | STEVEN MOSKOWITZ CPA | PreparerPersonNm |
| PTIN | P00166473 | PTIN |
| Phone | 9143666714 | PhoneNum |
| Preparation | 2019-12-19 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2018 | 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 | $999,999,999 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $2,000,000 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $1 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $1 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $6,586,127 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $6,586,127 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $42,086,049 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $68,539,932 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $42,086,049 | CapGainNetIncmNetInvstIncmAmt |
| Gross Profit Rev And Expnss | $0 | GrossProfitRevAndExpnssAmt |
| Other Income Rev And Expnss | $2,972 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $2,972 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $50,675,149 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $48,675,149 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $306,739 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $306,739 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $142,557 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $142,557 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $34,305 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $34,305 | PensionEmplBnftDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $4,356 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $2,178 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $2,178 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $22,845 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $11,423 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $11,422 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $40,830 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Dsbrs Chrtbl | $40,830 | OtherProfFeesDsbrsChrtblAmt |
| Interest Rev And Expnss | $2,665,546 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $2,665,546 | InterestNetInvstIncmAmt |
| Taxes Rev And Expnss | $1,328,611 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $791,645 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $26,966 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $11,337 | DeprecAndDpltnRevAndExpnssAmt |
| Occupancy Rev And Expnss | $48,873 | OccupancyRevAndExpnssAmt |
| Occupancy Dsbrs Chrtbl | $48,873 | OccupancyDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $2,524 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $2,524 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $1,249,250 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $971,180 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $278,070 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $5,857,773 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $4,441,972 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $894,464 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $61,697,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $61,697,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $67,554,773 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $4,441,972 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $62,591,464 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$16,879,624 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $44,233,177 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $578,109 | CashBOYAmt |
| Cash EOY | $215,278 | CashEOYAmt |
| Cash EOYFMV | $215,278 | CashEOYFMVAmt |
| Rcvbl From Officers EOY | $0 | RcvblFromOfficersEOYAmt |
| Other Nts And Loans Rcvbl EOY | $0 | OtherNtsAndLoansRcvblEOYAmt |
| Corporate Stock BOY | $617,592,977 | CorporateStockBOYAmt |
| Corporate Stock EOY | $601,081,386 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $999,750,465 | CorporateStockEOYFMVAmt |
| Land Bldg Investments EOY | $0 | LandBldgInvestmentsEOYAmt |
| Other Investments EOY | $0 | OtherInvestmentsEOYAmt |
| Land Bldg Equip Cost Or Other Bss | $107,976 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $73,723 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $39,672 | LandBOYAmt |
| Land EOY | $34,253 | LandEOYAmt |
| Land EOYFMV | $34,256 | LandEOYFMVAmt |
| Other Assets BOY | $0 | OtherAssetsBOYAmt |
| Other Assets EOY | $0 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $0 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $618,210,758 | TotalAssetsBOYAmt |
| Total Assets EOY | $601,330,917 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $999,999,999 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $3,572 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $3,355 | AccountsPayableEOYAmt |
| Loans From Officers EOY | $0 | LoansFromOfficersEOYAmt |
| Mortgages And Notes Payable EOY | $0 | MortgagesAndNotesPayableEOYAmt |
| Other Liabilities BOY | $0 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $0 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $3,572 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $3,355 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Retained Earning BOY | $618,207,186 | RetainedEarningBOYAmt |
| Retained Earning EOY | $601,327,562 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $618,207,186 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $601,327,562 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $618,210,758 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $601,330,917 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $618,207,186 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$16,879,624 | ExcessRevenueOverExpensesAmt |
| Subtotal | $601,327,562 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $601,327,562 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (6 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | DepreciationDepreciationAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | FMV As Of123169FMVAsOf123169Amt | Adjusted Basis As Of123169AdjustedBasisAsOf123169Amt | Excess FMV Over Adjusted BssExcessFMVOverAdjustedBssAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|
| FROM PASS THRU ENTITY - LONE CASCADE LP | P | 2017-01-01 | 2018-12-31 | $12,265,249 | $0 | $0 | $12,265,249 | $0 | $0 | $0 | $12,265,249 |
| FROM PASS THRU ENTIY - LONE PICEA LP | P | 2017-01-01 | 2018-12-31 | $2,110,977 | $0 | $0 | $2,110,977 | $0 | $0 | $0 | $2,110,977 |
| FROM PASS THRU ENTITY - LONE TAMARACK LP | P | 2017-01-01 | 2018-12-31 | $451,706 | $0 | $0 | $451,706 | $0 | $0 | $0 | $451,706 |
| FROM PASS THRU ENTITY - LONE REDWOOD LP | P | 2017-01-01 | 2018-12-31 | $0 | $0 | $592,804 | -$592,804 | $0 | $0 | $0 | -$592,804 |
| 1443.3 SHARES LONE CEDAR | P | 2009-12-01 | 2018-12-31 | $17,743,000 | $0 | $7,544,397 | $10,198,603 | $0 | $0 | $0 | $10,198,603 |
| 5847.06 SHARES LONE PINON | P | 2009-12-01 | 2018-12-31 | $35,969,000 | $0 | $18,316,682 | $17,652,318 | $0 | $0 | $0 | $17,652,318 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $42,086,049 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $58,369,095 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $984,999,999 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.059258 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $48,358,160 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $962,825,262 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.050225 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $48,469,604 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $916,296,446 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.052897 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $55,551,087 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $876,110,446 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.063406 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $1,340,988 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $789,875,636 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.001698 | DistributionYr5Rt |
| Total Distribution | 0.227484 | TotalDistributionRt |
| Average Distribution | 0.045497 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $984,999,999 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $44,814,545 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $442,332 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $45,256,877 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $62,591,464 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Domestic Org Meeting Sect4940e | Yes (X) | DomesticOrgMeetingSect4940eInd |
| Investment Income Excise Tax | $442,332 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $442,332 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $442,332 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $610,485 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $180,000 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $790,485 | TotalPaymentsAndCreditsAmt |
| Original Return Overpayment | -$790,485 | OriginalReturnOverpaymentAmt |
| Overpayment | $348,153 | OverpaymentAmt |
| Applied To ES Tax | $348,153 | AppliedToESTaxAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | CT | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | Yes (true) | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | zoomfoundation.org | WebsiteAddressTxt |
| Individual With Books | MEGHAN LOWNEY | IndividualWithBooksNm |
| Phone | 2039551170 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1210 POST ROAD | AddressLine1Txt |
| City | FAIRFIELD | CityNm |
| State Abbreviation | CT | StateAbbreviationCd |
| ZIP | 06824 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | Yes (true) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (2 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 |
|---|---|---|---|---|---|---|---|---|
| STEPHEN F MANDEL JR | ||||||||
| C/O CUMMINGS LOCKWOOD PO BOX 2505 | GREENWICH | CT | 06836 | TRUSTEE | 1.00 | $0 | $0 | $0 |
| SUSAN Z MANDEL | ||||||||
| C/O CUMMINGS LOCKWOOD PO BOX 2505 | GREENWICH | CT | 06836 | TRUSTEE | 1.00 | $0 | $0 | $0 |
Compensation Highest Paid Empl CompensationHighestPaidEmplGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee BenefitsEmployeeBenefitsAmt | Expense AccountExpenseAccountAmt |
|---|---|---|---|---|---|---|---|---|
| MEGHAN LOWNEY | ||||||||
| 1210 POST ROAD | FAIRFIELD | CT | 06824 | EXECUTIVE DIRECTOR | 40.00 | $306,739 | $9,156 | $0 |
| KATHRYN S LOCKHART | ||||||||
| 1210 POST ROAD | FAIRFIELD | CT | 06824 | OPERATIONS MANAGER | 40.00 | $83,962 | $2,503 | $0 |
| HAMISH P MACPHAIL | ||||||||
| 1210 POST ROAD | FAIRFIELD | CT | 06824 | MANAGER, GRANTS & EV | 40.00 | $52,428 | $2,150 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Employee Paid Over50k | 3 | OtherEmployeePaidOver50kCnt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | FELLOWSHIP PROGRAM - INDIVIDUALS WERE EMPLOYED TO CONDUCT RESEARCH AND ANALYSIS IN COORDINATION WITH, AND FOR THE BENEFIT OF, THE STATE OF CONNECTICUT. THE FOUNDATION NOW SUPPORTS THEM AS ALUMNI. | Description1Txt |
| Expenses1 | $16,967 | Expenses1Amt |
| Description2 | ENVIRONMENT INITIATIVE - THE FOUNDATION HAS MADE INVESTMENTS IN PUBLIC AWARENESS EFFORTS THAT SEEK TO STOP AND REVERSE CLIMATE CHANGE. | Description2Txt |
| Expenses2 | $2,600 | Expenses2Amt |
| Description3 | EDUCATION INITIATIVE - PROGRAM TO IMPROVE K-12 EDUCATION IN THE STATE OF CONNECTICUT TO ELIMINATE THE OPPORTUNITY GAP; WORKED WITH ORGANIZATIONS TO DEVELOP AND IMPLEMENT PLANS. | Description3Txt |
| Expenses3 | $184,033 | Expenses3Amt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | N/A | Description1Txt |
| Expenses1 | $0 | Expenses1Amt |
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $999,584,145 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $371,299 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $44,555 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $999,999,999 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Adjusted Total FMV Of Unused Ast | $999,999,999 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $15,000,000 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $984,999,999 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $49,250,000 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $49,250,000 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $442,332 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $442,332 | TotalTaxAmt |
| Distributable Before Adj | $48,807,668 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $10,984,875 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $59,792,543 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $59,792,543 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $62,591,464 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $62,591,464 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $442,332 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $62,149,132 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $59,792,543 | DistributableAsAdjustedAmt |
| Excess Distribution Cyov Yr5 | $0 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $0 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $0 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $0 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $18,517,197 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $18,517,197 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $62,591,464 | QualifyingDistributionsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Remaining Distri From Corpus | $62,591,464 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $59,792,543 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $59,792,543 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $21,316,118 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $21,316,118 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $0 | ExcessFromYear4Amt |
| Excess From Year3 | $0 | ExcessFromYear3Amt |
| Excess From Year2 | $0 | ExcessFromYear2Amt |
| Excess From Year1 | $0 | ExcessFromYear1Amt |
| Excess From Current Year | $21,316,118 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | STEPHEN F MANDEL JR | ContributingManagerNm |
| Contributing Manager | SUSAN Z MANDEL | ContributingManagerNm |
| Shareholder Manager | NONE | ShareholderManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FIDELITY CHARITABLE GIFT FUND | BusinessNameLine1Txt |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 770001 | AddressLine1Txt |
| City | CINCINNATI | CityNm |
| State Abbreviation | OH | StateAbbreviationCd |
| ZIP | 45277 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Foundation Status | EXEMPT | RecipientFoundationStatusTxt |
| Grant Or Contribution Purpose | TO FUNDCHARITABLEPROGRAMS | GrantOrContributionPurposeTxt |
| Amt | $61,697,000 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $61,697,000 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $1 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $6,586,127 | ExclusionAmt |
Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $2,972 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $42,086,049 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $48,675,149 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $48,675,149 | TotalIncomeProducingActyAmt |
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Line Number | 8 | LineNumberTxt |
| Relationship Statement | N/A | RelationshipStatementTxt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Contributor Person | STEPHEN AND SUSAN MANDEL | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | C/O CUMMINGS AND LOCKWOOD PO BOX 25 | AddressLine1Txt |
| City | GREENWICH | CityNm |
| State Abbreviation | CT | StateAbbreviationCd |
| ZIP | 06836 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $2,000,000 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| STEVEN MOSKOWITZ CPA PC ACCOUNTING AND TAX SERVICES | $19,945 | $9,973 | $9,972 |
| CAROL MAVILLA BOOKKEEPING SERVICES | $2,900 | $1,450 | $1,450 |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp (8 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | Cost Or Other BasisCostOrOtherBasisAmt | Prior Year DepreciationPriorYearDepreciationAmt | Computation MethodComputationMethodTxt | LifeLifeRt | Current Year ExpenseCurrentYearExpenseAmt |
|---|---|---|---|---|---|---|
| FURNITURE AND FIXTURES | 2012-01-01 | $3,449 | $3,449 | 200DB | 7.000000000000 | $0 |
| FURNITURE AND FIXTURES 2013 | 2013-01-01 | $20,171 | $17,470 | 200DB | 7.000000000000 | $1,801 |
| FURNITURE & FIXTURES 2014 | 2014-01-01 | $31,040 | $24,114 | 200DB | 7.000000000000 | $2,770 |
| FURNITURE AND FIXTURES 2015 | 2015-01-01 | $17,277 | $11,880 | 200DB | 7.000000000000 | $1,542 |
| FURNITURE & FIXTURES | 2017-01-01 | $10,817 | $4,194 | 200DB | 7.000000000000 | $1,892 |
| FURNITURE & FIXTURES 2017 | 2018-01-01 | $8,953 | $1,279 | 200DB | 7.000000000000 | $2,193 |
| FURNITURE & FIXTURES 2018 | 2019-01-01 | $7,229 | 200DB | 7.000000000000 | $1,033 | |
| LEASEHOLD IMPROVEMENT | 2019-01-01 | $9,041 | SL | 39.000000000000 | $106 |
Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch
Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp (6 entries)
| AssetAssetDesc | How AcquiredHowAcquiredTxt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | BasisBasisAmt | Total NetTotalNetAmt | AcquiredAcquiredDt |
|---|---|---|---|---|---|---|
| FROM PASS THRU ENTITY - LONE CASCADE LP | Purchased | 2018-12 | $12,265,249 | $0 | $12,265,249 | |
| FROM PASS THRU ENTITY - LONE PICEA LP | Purchased | 2018-12 | $2,110,977 | $0 | $2,110,977 | |
| FROM PASS THRU ENTITY - LONE TAMARACK LP | Purchased | 2018-12 | $451,706 | $0 | $451,706 | |
| FROM PASS THRU ENTITY - LONE REDWOOD LP | Purchased | 2018-12 | $0 | $592,804 | -$592,804 | |
| 1443.3 SHARES LONE CEDAR | Purchased | 2018-12 | $17,743,000 | $7,544,397 | $10,198,603 | 2009-12 |
| 5847.06 SHARES LONE PINON | Purchased | 2018-12 | $35,969,000 | $18,316,682 | $17,652,318 | 2009-12 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (4 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| SHARES OF LONE CEDAR LTD | $135,324,900 | $387,290,199 |
| LONE CASCADE LP | $432,465,127 | $564,041,130 |
| LONE REDWOOD LP | $2,761,379 | $3,351,696 |
| LONE REDWOOD LP | $30,529,980 | $45,067,440 |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp (2 entries)
| Category Or ItemCategoryOrItemTxt | Cost Or Other BasisCostOrOtherBasisAmt | Accumulated DepreciationAccumulatedDepreciationAmt | Book ValueBookValueAmt |
|---|---|---|---|
| FURNITURE AND FIXTURES | $98,935 | $73,617 | $25,318 |
| LEASEHOLD IMPROVEMENTS | $9,041 | $106 | $8,935 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp (3 entries)
| CategoryCategoryTxt | Legal FeesLegalFeesAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| COPILEVITZ & CANTER LLC LEGAL | $3,381 | $1,691 | $1,690 |
| CUMMINGS & LOCKWOOD LLC LEGAL | $450 | $225 | $225 |
| BRODY WILKINSON LEGAL | $525 | $262 | $263 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (11 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| COMMUNICATIONS | $44,609 | $44,609 | |
| ENVIRONMENT INITIATIVE | $2,600 | $2,600 | |
| EDUCATION INITIATIVE | $184,033 | $184,033 | |
| FELLOWSHIP PROGRAM | $16,967 | $16,967 | |
| INSURANCE | $2,969 | $2,969 | |
| OTHER OPERATIONS | $19,767 | $19,767 | |
| PAYROLL PROCESSING FEES | $2,261 | $2,261 | |
| PUBLIC RELATIONS | $2,914 | $2,914 | |
| SUPPLIES | $1,950 | $1,950 | |
| OTHER PORTFOLIO DEDUCTIONS FROM PASS THRU ENTITIES | $200,773 | $200,773 | |
| OTHER LOSSES FROM PASS THRU ENTITES | $770,407 | $770,407 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER INCOME | Desc |
| Revenue And Expenses Per Books | $2,972 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $2,972 | NetInvestmentIncomeAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|
| VARIOUS OPERATIONAL SUPPORT | $28,830 | $28,830 |
| MCDOWELL JEWETT COMMUNICATIONS COMMUNICATIONS | $12,000 | $12,000 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| FEDERAL TAXES | $510,000 | ||
| FOREIGN TAXES PAID | $791,645 | $791,645 | |
| PAYROLL TAXES | $26,966 | $26,966 |
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