EGL CHARITABLE FOUNDATION: Form 990PF, tax year 2018
View the entire original 990 at ProPublica ↗
- Organization
- EGL CHARITABLE FOUNDATION (EIN 27-3667312)
- Tax period
- 2018-09-01 to 2019-08-31
- Filed
- 2020-02-21
- IRS object ID
- 202000529349100805
- 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
- Accounting Fees Schedule
- Investments Other Schedule2
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2020-02-21T12:06:42-08:00 | ReturnTs |
| Tax Period End | 2019-08-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 650620269 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SMITH & ELKIN CPAS PA | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4601 MILITARY TRAIL STE 201 | AddressLine1Txt |
| City | JUPITER | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33458 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2018-09-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 273667312 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | EGL Charitable Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | EGLC | BusinessNameControlTxt |
| Phone | 2124464268 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | C/O Gruss Co 40 W 57th Street | AddressLine1Txt |
| City | New York | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10019 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | TINA GUBERMAN | PersonNm |
| Person Title | SECR & TREAS | PersonTitleTxt |
| Signature | 2020-02-21 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Scott Elkin | PreparerPersonNm |
| PTIN | P00087099 | PTIN |
| Phone | 5617752134 | PhoneNum |
| 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 | $162,986,017 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $4,204 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $4,204 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $2,223,307 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $2,223,307 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $7,435,215 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $14,884,091 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $7,435,215 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $764,310 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $672,029 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $10,427,036 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $10,334,755 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $411,599 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $205,799 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $205,799 | CompOfcrDirTrstDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $15,975 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $7,988 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $7,987 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $504,278 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $504,278 | OtherProfFeesNetInvstIncmAmt |
| Taxes Rev And Expnss | $98,445 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $90,022 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $8,423 | TaxesDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $25,297 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $25,297 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $901,266 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $877,842 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $23,424 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $1,956,860 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $1,685,929 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $270,930 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $11,996,911 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $11,996,911 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $13,953,771 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $1,685,929 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $12,267,841 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$3,526,735 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $8,648,826 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $7,969,176 | CashBOYAmt |
| Cash EOY | $11,846,277 | CashEOYAmt |
| Cash EOYFMV | $11,846,277 | CashEOYFMVAmt |
| Other Investments BOY | $135,747,158 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $128,291,752 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $151,139,740 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $143,716,334 | TotalAssetsBOYAmt |
| Total Assets EOY | $140,138,029 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $162,986,017 | TotalAssetsEOYFMVAmt |
| Other Liabilities BOY | $38,001 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $37,446 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $38,001 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $37,446 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Retained Earning BOY | $143,678,333 | RetainedEarningBOYAmt |
| Retained Earning EOY | $140,100,583 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $143,678,333 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $140,100,583 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $143,716,334 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $140,138,029 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $143,678,333 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$3,526,735 | ExcessRevenueOverExpensesAmt |
| Subtotal | $140,151,598 | SubtotalAmt |
| Other Decreases | $51,015 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $140,100,583 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (30 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | Cost Or Other BasisCostOrOtherBasisAmt |
|---|---|---|---|---|---|---|---|
| K-1 COP SV | P | 2001-01-01 | 2019-08-31 | $11 | $11 | $11 | |
| K-1 ORBIMED | P | 2019-01-01 | 2019-08-31 | -$2,262 | -$2,262 | $2,262 | |
| K-1 ORBIMED | P | 2001-01-01 | 2019-08-31 | -$55,556 | -$55,556 | $55,556 | |
| K-1 VARDE FUND XI | P | 2019-01-01 | 2019-08-31 | -$748 | -$748 | $748 | |
| K-1 VARDE FUND XI | P | 2001-01-01 | 2019-08-31 | $80,746 | $80,746 | $80,746 | |
| K-1 WGI EMERGING MKTS | P | 2019-01-01 | 2019-08-31 | -$375 | -$375 | $375 | |
| K-1 WGI EMERGING MKTS | P | 2001-01-01 | 2019-08-31 | -$80,280 | -$80,280 | $80,280 | |
| K-1 LONE CASCADE | P | 2019-01-01 | 2019-08-31 | -$38,157 | -$38,157 | $38,157 | |
| K-1 LONE CASCADE | P | 2001-01-01 | 2019-08-31 | $954,670 | $954,670 | $954,670 | |
| K-1 GENERATION IM GLOBAL EQUITY FD | P | 2019-01-01 | 2019-08-31 | $355,562 | $355,562 | $355,562 | |
| K-1 GENERATION IM GLOBAL EQUITY FD | P | 2001-01-01 | 2019-08-31 | $3,537,726 | $3,537,726 | $3,537,726 | |
| K-1 GRUSS ARBITRAGE MASTER FUND | P | 2001-01-01 | 2019-08-31 | $277 | $277 | $277 | |
| K-1 GRUSS ARBITRAGE MASTER FUND | P | 2001-01-01 | 2019-08-31 | $245 | $245 | $245 | |
| K-1 ORBIMED ISRAEL | P | 2019-01-01 | 2019-08-31 | $363 | $363 | $363 | |
| K-1 ORBIMED ISRAEL | P | 2001-01-01 | 2019-08-31 | $26,091 | $26,091 | $26,091 | |
| K-1 VARDE FUND XII | P | 2019-01-01 | 2019-08-31 | $614 | $614 | $614 | |
| K-1 VARDE FUND XII | P | 2001-01-01 | 2019-08-31 | $25,573 | $25,573 | $25,573 | |
| K-1 VARDE FUND XIII | P | 2019-01-01 | 2019-08-31 | -$675 | -$675 | $675 | |
| CHARLES SCHWAB STCG | P | 2019-01-01 | 2019-08-31 | $20,894 | $20,894 | $20,894 | |
| CHARLES SCHWAB LTCG | P | 2001-01-01 | 2019-08-31 | $1,544,529 | $1,544,529 | $1,544,529 | |
| GRUSS GLOBAL | P | 2001-01-01 | 2019-08-31 | $5,180,655 | -$213,984 | -$213,984 | $5,394,639 |
| K-1 FIR TREE | P | 2001-01-01 | 2019-08-31 | $15,425 | $15,425 | $15,425 | |
| JPMORGAN CHASE STCG | P | 2019-01-01 | 2019-08-31 | $30,171 | $30,171 | $30,171 | |
| JPMORGAN CHASE LTCG | P | 2001-01-01 | 2019-08-31 | $920,960 | $920,960 | $920,960 | |
| CAPITAL GUARDIAN LTCG | P | 2001-01-01 | 2019-08-31 | $108 | $108 | $108 | |
| HOUND PARTNERS 20% SALE | P | 2001-01-01 | 2019-08-31 | $1,376,499 | $176,499 | $176,499 | $1,200,000 |
| PERRY PARTNERS PFIC | P | 2001-01-01 | 2019-08-31 | $124,242 | -$96,278 | -$96,278 | $220,520 |
| ETON PARK PFIC | P | 2001-01-01 | 2019-08-31 | $34,946 | -$12,082 | -$12,082 | $47,028 |
| CENTERBRIDGE PFIC | P | 2001-01-01 | 2019-08-31 | $466,824 | $58,188 | $58,188 | $408,636 |
| FIR TREE DIST IN EXCESS BASIS | P | 2001-01-01 | 2019-08-31 | $186,960 | $186,960 | $186,960 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $7,435,215 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $9,656,985 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $170,607,669 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.05660 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $8,098,134 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $161,934,885 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.05001 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $6,048,861 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $154,069,569 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.03926 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $9,307,583 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $168,957,204 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.05509 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $11,777,517 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $173,835,195 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.06775 | DistributionYr5Rt |
| Total Distribution | 0.268712 | TotalDistributionRt |
| Average Distribution | 0.053742 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $159,432,729 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $8,568,234 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $86,488 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $8,654,722 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $12,267,841 | 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 | $86,488 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $86,488 | SubtotalAmt |
| Tax Based On Investment Income | $86,488 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $128,207 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $128,207 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Overpayment | $41,719 | OverpaymentAmt |
| Applied To ES Tax | $41,719 | 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 |
| Form990 T Filed | false | Form990TFiledInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | NY | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Evelyn G Lipper | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2124464268 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | C/O Gruss Co 40 W 57th St 1440 | AddressLine1Txt |
| City | NY | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10019 | 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 |
| Undistr Incm Sect4942a2 Not App | false | UndistrIncmSect4942a2NotAppInd |
| Business Holdings | false | BusinessHoldingsInd |
| Excess Business Holdings | false | ExcessBusinessHoldingsInd |
| 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 |
| Transactions Fail To Qlfy As Exc | false | TransactionsFailToQlfyAsExcInd |
| Maintained Expenditure Rspns | false | MaintainedExpenditureRspnsInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Proceeds Or Net Income | false | ProceedsOrNetIncomeInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | 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 |
|---|---|---|---|---|---|---|---|
| EVELYN LIPPER | |||||||
| C/O Gruss Co 40 W 57th St | NEW YORK | NY | 10019 | President | 3.00 | $0 | |
| TINA GUBERMAN | |||||||
| C/O Gruss Co 40 W 57th St | NEW YORK | NY | 10019 | SECR & TREAS | 3.00 | $70,525 | |
| DANIELLA LIPPER COULES | |||||||
| C/O GRUSS CO 40 W 57TH ST | NEW YORK | NY | 10019 | Executive Dir. | 35.00 | $300,000 | $41,074 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $155,261,151 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $6,599,488 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $161,860,639 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Adjusted Total FMV Of Unused Ast | $161,860,639 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $2,427,910 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $159,432,729 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $7,971,636 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $7,971,636 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $86,488 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $86,488 | TotalTaxAmt |
| Distributable Before Adj | $7,885,148 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $7,885,148 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $7,885,148 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $12,267,841 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $12,267,841 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $86,488 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $12,181,353 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $7,885,148 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $2,893,151 | UndistributedIncomePYAmt |
| Qualifying Distributions | $12,267,841 | QualifyingDistributionsAmt |
| Applied To Year1 | $2,893,151 | AppliedToYear1Amt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $7,885,148 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $1,489,542 | RemainingDistriFromCorpusAmt |
| Total Corpus | $1,489,542 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $1,489,542 | ExcessDistriCyovToNextYrAmt |
| Excess From Current Year | $1,489,542 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | EVELYN LIPPER | ContributingManagerNm |
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | EGL Charitable Foundation | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | C/O Gruss Co 40 W 57th Street 1440 | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10019 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 2124464268 | RecipientPhoneNum |
| Recipient Email Address | rh@gruss.com | RecipientEmailAddressTxt |
| Form And Info And Materials | Letter giving background of charity, the amount of grant requested and the proposed use of the funds. | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | none | SubmissionDeadlinesTxt |
| Restrictions On Awards | Generally limited to Jewish charities. | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (28 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line1RecipientForeignAddress/AddressLine1Txt | CityRecipientForeignAddress/CityNm | Province Or StateRecipientForeignAddress/ProvinceOrStateNm | CountryRecipientForeignAddress/CountryCd | Foreign PostalRecipientForeignAddress/ForeignPostalCd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| MASSACHUSETTS GENERAL HOSPITAL | ||||||||||||
| 125 NASHUA STREET SUITE 540 | BOSTON | MA | 02114 | NONE | N/A | GENERAL SUPPORT | $697,297 | |||||
| HOPE FOR DEPRESSION RESEARCH FOUNDA | ||||||||||||
| 40 WEST 57TH STREET STE 1440 | NEW YORK | NY | 10019 | NONE | N/A | GENERAL SUPPORT | $40,000 | |||||
| ST BERNARD'S SCHOOL INC | ||||||||||||
| 4 EAST 98TH STREET | NEW YORK | NY | 10029 | NONE | N/A | FELLOWSHIP | $10,000 | |||||
| PLANNED PARENTHOOD | ||||||||||||
| 123 WILLIAM STREET 10TH FLOOR | NEW YORK | NY | 10038 | NONE | N/A | GENERAL SUPPORT | $500 | |||||
| QUINCY ASIAN RESOURCES INC | ||||||||||||
| 1509 HANCOCK STREET | QUINCY | MA | 02169 | NONE | N/A | GENERAL SUPPORT | $416,667 | |||||
| THE ROCKEFELLER UNIVERSITY | ||||||||||||
| 1230 YORK AVENUE | NEW YORK | NY | 10065 | NONE | N/A | GENERAL SUPPORT | $1,242,462 | |||||
| PEACE BY TOURISM | ||||||||||||
| 200 PARK AVENUE SOUTH SUITE 511 | NEW YORK | NY | 10003 | NONE | N/A | GENERAL SUPPORT | $25,000 | |||||
| TREVOR DAY SCHOOL | ||||||||||||
| 1 WEST 88TH STREET | NEW YORK | NY | 10024 | NONE | N/A | GENERAL SUPPORT | $10,000 | |||||
| LUNG CANCER RESEARCH FOUNDATION | ||||||||||||
| 155 EAST 55TH STREET SUITE 6H | NEW YORK | NY | 10022 | NONE | N/A | GENERAL SUPPORT | $5,000 | |||||
| ISRAEL GUIDE DOG CENTER | ||||||||||||
| 968 EASTON ROAD SUITE H | WARRINGTON | PA | 18976 | NONE | N/A | GENERAL SUPPORT | $150,000 | |||||
| JCC ON THE PALISADES | ||||||||||||
| TAUB CAMPUS - 411 E CLINTON AVE | TENAFLY | NJ | 07670 | NONE | N/A | GENERAL SUPPORT | $45,000 | |||||
| TECHNION RESEARCH DEVELOPMENT FOUND | ||||||||||||
| NONE | N/A | FELLOWSHIP | $3,000,000 | TECNION CITY | HAIFA | HAIFA | IS | 320000 | ||||
| UNIVERSITY OF CALIFORNIA - DVIR ARA | ||||||||||||
| UCLA - BOX 957089 1125 MURPHY HALL | LOS ANGELES | CA | 90095 | NONE | N/A | GENERAL SUPPORT | $150,689 | |||||
| TEMPLE ADAS ISRAEL | ||||||||||||
| PO BOX 1378 | SAG HARBOR | NY | 11963 | NONE | N/A | GENERAL SUPPORT | $50,000 | |||||
| STEPHEN WISE FREE SYNAGOGUE | ||||||||||||
| 30 WEST 68TH STREET | NEW YORK | NY | 10023 | NONE | N/A | GENERAL SUPPORT | $50,000 | |||||
| HARVARD MEDICAL SCHOOL | ||||||||||||
| 25 SHATTUCK STREET | BOSTON | MA | 02115 | NONE | N/A | GENERAL SUPPORT | $796,486 | |||||
| GOSHEN - THE HARUV INSTITUTE | ||||||||||||
| NONE | N/A | GENERAL SUPPORT | $500,000 | THE HEBREW UNIVERSITY MT SCOPUS | JERUSALEM | JERUSALEM | IS | 9765418 | ||||
| CENTRAL CONFERENCE OF AMERICAN RABB | ||||||||||||
| 355 LEXINGTON AVENUE | NEW YORK | NY | 10017 | NONE | N/A | GENERAL SUPPORT | $250,000 | |||||
| NEFESH B'NEFESH | ||||||||||||
| 50 EISENHOWER DRIVE | PARAMUS | NJ | 07652 | NONE | N/A | GENERAL SUPPORT | $25,000 | |||||
| JEWISH NATIONAL FUND | ||||||||||||
| 42 E 69TH STREET | NEW YORK | NY | 10021 | NONE | N/A | GENERAL SUPPORT | $3,000,000 | |||||
| DOROT | ||||||||||||
| 171 WEST 85TH STREET | NEW YORK | NY | 10024 | NONE | N/A | GENERAL SUPPORT | $111,490 | |||||
| CONGREGATION B'NAI JESHURUN | ||||||||||||
| 270 WEST 89TH STREET | NEW YORK | NY | 10024 | NONE | N/A | GENERAL SUPPORT | $322,454 | |||||
| CENTER FOR INITIATIVES IN JEWISH ED | ||||||||||||
| 45 BROADWAY SUITE 3050 | NEW YORK | NY | 10006 | NONE | N/A | GENERAL SUPPORT | $236,000 | |||||
| CITYMEALS ON WHEELS | ||||||||||||
| 355 LEXINGTON AVENUE | NEW YORK | NY | 10017 | NONE | N/A | GENERAL SUPPORT | $200,000 | |||||
| STANFORD UNIVERSITY | ||||||||||||
| 450 JANE STANFORD WAY | STANFORD | CA | 94305 | NONE | N/A | GENERAL SUPPORT | $79,866 | |||||
| JEWISH COMMUNAL FUND | ||||||||||||
| 575 MADISON AVENUE SUITE 703 | NEW YORK | NY | 10022 | NONE | N/A | GENERAL SUPPORT | $50,000 | |||||
| PRINCETON UNIVERSITY | ||||||||||||
| 100 OVERLOOK CENTER SUITE 300 | PRINCETON | NJ | 08540 | NONE | N/A | GENERAL SUPPORT | $500,000 | |||||
| THE SIMMONS FUND - SIMMONS UNIVERSI | ||||||||||||
| 300 FENWAY | BOSTON | MA | 02115 | NONE | N/A | GENERAL SUPPORT | $33,000 | |||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $11,996,911 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $4,204 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $2,223,307 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $7,435,215 | RelatedOrExemptFunctionIncmAmt |
Other Revenue Described OtherRevenueDescribedGrp (12 entries)
| DescDesc | BusinessBusinessCd | ExclusionExclusionCd | ExclusionExclusionAmt |
|---|---|---|---|
| K-1 GENERATION IM-PORTFOL | 900099 | 14 | $113,647 |
| K-1 GRUSS ARBITRAGE FUND | 900099 | 14 | -$10 |
| K-1 GRUSS ARBITRAGE FUND | 900099 | 14 | -$9 |
| K-1 LONE CASCADE-ORD INC | 900099 | 14 | $49,554 |
| K-1 ORBIMED ISRAEL | 900099 | 14 | $1 |
| K-1 ORBIMED-PORTFOLIO INC | 900099 | 14 | |
| K-1 VARDE XII | 900099 | 14 | $218,642 |
| K-1 VARDE XIII- ORDIN INC | 900099 | 14 | $776 |
| K-1 VARDE XI-ORDINARY INC | 900099 | 14 | $98,496 |
| K-1 WGI EMERGING-PORT INC | 900099 | 14 | -$4,068 |
| PFIC DIV HCP FUND IV CAYM | 900099 | 14 | $195,000 |
| TAX EXEMPT INCOME | 14 | $92,281 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $2,991,821 | ExclusionAmt |
| Related Or Exempt Function Incm | $7,435,215 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $10,427,036 | TotalIncomeProducingActyAmt |
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 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | TAX FEES | CategoryTxt |
| Amt | $15,975 | Amt |
| Net Investment Income | $7,988 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $7,987 | DisbursementsCharitablePrpsAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (24 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| COP SPV (K-1) | FMV | $51,708 | $1 |
| ORBIMED ISRAEL PARTNERS LP (K-1) | FMV | $687,066 | $601,527 |
| STEADFAST INT'L LTD -- PFIC | FMV | $4,560,333 | $8,379,877 |
| FCOI II-- PFIC | FMV | $5,289,856 | $8,192,771 |
| PERRY PARTNERS INT'L INC-- PFIC | FMV | $332,262 | |
| GRUSS OFFSHORE ARB FUND-- K-1 | FMV | $108,506 | |
| GENERATION IM GLOBAL (K-1) | FMV | $17,273,046 | $21,637,040 |
| FIR TREE INT'L VALUE FUND LTD (K-1) | FMV | $168,767 | |
| GRUSS GLOBAL ENH/GRUSS DV FUND-- PFIC | FMV | $75,455 | |
| HCP FUND IV CAYMAN LP --PFIC | FMV | $2,211,928 | $2,504,911 |
| LONE CASCADE LP (K-1) | FMV | $13,607,890 | $17,984,743 |
| WGI EMERGING MARKETS (K-1) | FMV | $8,654,761 | $9,152,379 |
| VARDE FUND XI (B) FEEDER (K-1) | FMV | $2,007,142 | $1,993,163 |
| ETON PARK FUND LTD-- PFIC | FMV | $21,947 | |
| SCHWAB SELECT EQUITY (BROKERAGE) | FMV | $7,063,367 | $8,984,805 |
| MARKET VALUE COST CONTRIB (CAPE REMAIN | AT COST | $723,957 | |
| CENTERBRIDGE CR PRTNRS -- PFIC | FMV | $3,791,364 | $4,323,729 |
| HOUND PARTNERS OFL -- PFIC | FMV | $4,800,000 | $5,657,602 |
| CEVIAN CAPITAL II LTD-- PFIC | FMV | $9,000,000 | $9,519,952 |
| ORBIMED PARTNERS LTD-- PFIC | FMV | $6,000,000 | $5,494,867 |
| JP MORGAN | AT COST | $38,777,085 | $42,950,582 |
| VARDE FUND X11 B LP | AT COST | $2,879,902 | $3,086,621 |
| ORBIMED ISRAEL PARTNERS II LP | AT COST | $249,202 | $351,284 |
| VARDE FUND XIII B | AT COST | $124,975 | $155,119 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PRIOR UNREALIZED GAINS RECOGNIZED | Desc |
| Amt | $51,015 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (18 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| ADVERTISING FOR FELLOWSHIPS | $10,455 | $10,455 | |
| BANK SERVICE CHARGES | $221 | $221 | |
| EALS | $5,232 | $4,709 | $523 |
| GCO ADMINISTRATIVE FEES | $119,459 | $119,459 | |
| MANAGEMENT FEES WGI EMERG | $119,359 | $119,359 | |
| MEMBERSHIP FEES RELATED TO CHARITABLE | $8,000 | $8,000 | |
| OFFICE/POSTAGE | $78 | $39 | $39 |
| PORTFOLIO EXP- COP SPV K-1 | $1,019 | $1,019 | |
| PORTFOLIO EXP- GENERATION IM K-1 | $170,191 | $170,191 | |
| PORTFOLIO EXP- GRUSS ARBITRAGE K-1 | $1,347 | $1,347 | |
| PORTFOLIO EXP- GRUSS ARBITRAGE K-1 | $1,518 | $1,518 | |
| PORTFOLIO EXP- LONE CASCADE K-1 | $295,603 | $295,603 | |
| PORTFOLIO EXP- ORBIMED ISRAEL K-1 | $16,071 | $16,071 | |
| PORTFOLIO EXP- ORBIMED ISRAEL K-1 | $21,760 | $21,760 | |
| PORTFOLIO EXP- VARDE XI B FEEDER K-1 | $48,797 | $48,797 | |
| PORTFOLIO EXP- VARDE XII | $76,948 | $76,948 | |
| PORTFOLIO EXP- VARDE XIII | $3,092 | $3,092 | |
| PORTFOLIO EXP- WGI EMERGING MKTS K-1 | $2,116 | $2,116 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (11 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| K-1 GENERATION IM-PORTFOL | $113,647 | $113,647 |
| K-1 GRUSS ARBITRAGE FUND | -$10 | -$10 |
| K-1 GRUSS ARBITRAGE FUND | -$9 | -$9 |
| K-1 LONE CASCADE-ORD INC | $49,554 | $49,554 |
| K-1 ORBIMED ISRAEL | $1 | $1 |
| K-1 VARDE XII | $218,642 | $218,642 |
| K-1 VARDE XIII- ORDIN INC | $776 | $776 |
| K-1 VARDE XI-ORDINARY INC | $98,496 | $98,496 |
| K-1 WGI EMERGING-PORT INC | -$4,068 | -$4,068 |
| PFIC DIV HCP FUND IV CAYM | $195,000 | $195,000 |
| TAX EXEMPT INCOME | $92,281 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail (2 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt |
|---|---|---|
| due to gruss & co | $37,804 | $37,113 |
| due to employee ins | $197 | $333 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| CUSTODY FEES | $6,809 | $6,809 | $0 | $0 |
| MANAGEMENT FEE - HALL PARTNERS | $357,343 | $357,343 | $0 | $0 |
| MANAGEMENT FEE - SELECT EQUITY | $140,126 | $140,126 | $0 | $0 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (8 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| FOREIGN TAXES- GENERATION IM GLOBAL K-1 | $11,951 | $11,951 | |
| FOREIGN TAXES- LONE CASCADE K-1 | $22,153 | $22,153 | |
| FOREIGN TAXES- VARDE FUND XI K-1 | $2,129 | $2,129 | |
| FOREIGN TAXES- VARDE XII K-1 | $1,294 | $1,294 | |
| FOREIGN TAXES- WGI K-1 | $46,200 | $46,200 | |
| PAYROLL TAXES | $12,590 | $6,295 | $6,295 |
| STATE FILING FEES | $1,628 | $1,628 | |
| STATE TAXES | $500 | $500 |
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