The Philip & Lynn Straus Foundation Inc: Form 990PF, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- The Philip & Lynn Straus Foundation Inc (EIN 13-6161223)
- Tax period
- 2019-04-01 to 2020-03-31
- Filed
- 2020-08-13
- IRS object ID
- 202002269349100410
- Schema version
- 2019v5.1
- 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
- All Oth Prog Rltd Investments Sch
- Depreciation Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2020-08-13T12:46:04-05:00 | ReturnTs |
| Tax Period End | 2020-03-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BDO USA LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 401 BROADHOLLOW RD STE 201 | AddressLine1Txt |
| City | MELVILLE | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 11747 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2019-04-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 136161223 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Philip & Lynn Straus Foundation Inc | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % LYNN STRAUS | InCareOfNm |
| Business Name Control | PHIL | BusinessNameControlTxt |
| Phone | 9146983525 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1037 Constable Drive South | AddressLine1Txt |
| City | Mamaroneck | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10543 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | LYNN STRAUS | PersonNm |
| Person Title | trustee | PersonTitleTxt |
| Phone | 9146983525 | PhoneNum |
| Signature | 2020-08-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Jaclyn Jang | PreparerPersonNm |
| PTIN | P00233758 | PTIN |
| Phone | 6315019600 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2019 | 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 | $5,293,276 | 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 | $147,164 | ContriRcvdRevAndExpnssAmt |
| Dividends Rev And Expnss | $106,249 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $106,249 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $754,505 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $1,884,747 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $754,505 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $348 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $348 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $1,008,266 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $861,102 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Accounting Fees Rev And Expnss | $15,495 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $7,748 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $7,747 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $57,753 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $57,753 | OtherProfFeesNetInvstIncmAmt |
| Interest Rev And Expnss | $123 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $123 | InterestNetInvstIncmAmt |
| Taxes Rev And Expnss | $14,119 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $572 | TaxesNetInvstIncmAmt |
| Other Expenses Rev And Expnss | $403 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $114 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $160 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $87,893 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $66,310 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $7,907 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $875,300 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $875,300 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $963,193 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $66,310 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $883,207 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $45,073 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $794,792 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $870,938 | CashBOYAmt |
| Cash EOY | $736,307 | CashEOYAmt |
| Cash EOYFMV | $736,307 | CashEOYFMVAmt |
| Corporate Stock BOY | $3,314,826 | CorporateStockBOYAmt |
| Corporate Stock EOY | $3,281,299 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $4,333,212 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $12,796 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $223,757 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $223,757 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $4,198,560 | TotalAssetsBOYAmt |
| Total Assets EOY | $4,241,363 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $5,293,276 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $4,198,560 | RetainedEarningBOYAmt |
| Retained Earning EOY | $4,241,363 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $4,198,560 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $4,241,363 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $4,198,560 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $4,241,363 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $4,198,560 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $45,073 | ExcessRevenueOverExpensesAmt |
| Subtotal | $4,243,633 | SubtotalAmt |
| Other Decreases | $2,270 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $4,241,363 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (4 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|
| NB A/C 86002 - ST SEE ATTACHED | P | $32,904 | $47,576 | -$14,672 | -$14,672 |
| NB A/C 86002 - LT SEE ATTACHED | P | $1,849,897 | $1,082,666 | $767,231 | $767,231 |
| THE BLACKSTONE GROUP LP K-1 ST | P | $34 | $34 | $34 | |
| THE BLACKSTONE GROUP LP K-1 LT | P | $1,912 | $1,912 | $1,912 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $754,505 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $1,467,016 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $6,373,548 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.230173 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $1,084,535 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $7,750,200 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.139936 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $838,755 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $7,454,871 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.112511 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $5,809,110 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $10,476,350 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.554498 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $1,139,534 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $14,827,544 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.076853 | DistributionYr5Rt |
| Total Distribution | 1.113971 | TotalDistributionRt |
| Average Distribution | 0.222794 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $6,231,755 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $1,388,398 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $7,948 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $1,396,346 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $883,207 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $15,896 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $15,896 | SubtotalAmt |
| Tax Based On Investment Income | $15,896 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $8,440 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $8,440 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Tax Due | $7,456 | TaxDueAmt |
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 | 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 | LYNN STRAUS | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 9146983525 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1037 CONSTABLE DRIVE SOUTH | AddressLine1Txt |
| City | Mamaroneck | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10543 | 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 | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Undistr Incm Sect4942a2 Not App | false | UndistrIncmSect4942a2NotAppInd |
| 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 |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | LYNN G STRAUS | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1037 Constable Drive South | AddressLine1Txt |
| City | Mamaroneck | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10543 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Title | Trustee | TitleTxt |
| Average Hrs Per Wk Devoted To Pos | 0 | AverageHrsPerWkDevotedToPosRt |
| Compensation | $0 | CompensationAmt |
| Employee Benefit Program | $0 | EmployeeBenefitProgramAmt |
| Expense Account Other Allwnc | $0 | ExpenseAccountOtherAllwncAmt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| NEUBERGER BERMAN LLC | |||||
| 605 Third Avenue | NEW YORK | NY | 101583698 | INVESTMENT ADVISORS | $57,753 |
| BDO USA LLP | |||||
| 401 BROADHOLLOW ROAD Suite 201 | MELVILLE | NY | 11747 | ACCOUNTING | $15,495 |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | N/A | Description1Txt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | NONE | Description1Txt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $5,641,792 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $684,863 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $6,326,655 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $6,326,655 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $94,900 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $6,231,755 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $311,588 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $311,588 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $15,896 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $15,896 | TotalTaxAmt |
| Distributable Before Adj | $295,692 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $295,692 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $295,692 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $883,207 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $0 | CharitableAssetsAcquisPaidAmt |
| Set Aside Suitability Test | $0 | SetAsideSuitabilityTestAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $883,207 | QualifyingDistributionsAmt |
| Adjusted Qualifying Distri | $883,207 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $295,692 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Prior Year1 | 2017 | PriorYear1Yr |
| Prior Year2 | 2016 | PriorYear2Yr |
| Prior Year3 | 2015 | PriorYear3Yr |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $416,369 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $5,286,602 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $470,594 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $712,832 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $1,165,173 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $8,051,570 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $883,207 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Current Year | $295,692 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $587,515 | RemainingDistriFromCorpusAmt |
| Total Corpus | $8,639,085 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov From Yr5 | $416,369 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $8,222,716 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $5,286,602 | ExcessFromYear4Amt |
| Excess From Year3 | $470,594 | ExcessFromYear3Amt |
| Excess From Year2 | $712,832 | ExcessFromYear2Amt |
| Excess From Year1 | $1,165,173 | ExcessFromYear1Amt |
| Excess From Current Year | $587,515 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | NA | 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 | SEE ATTACHMENT 12 | BusinessNameLine1Txt |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | VARIOUS | AddressLine1Txt |
| City | various | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10000 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Relationship | NONE | RecipientRelationshipTxt |
| Recipient Foundation Status | PC | RecipientFoundationStatusTxt |
| Grant Or Contribution Purpose | CHARITABLE | GrantOrContributionPurposeTxt |
| Amt | $875,300 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $875,300 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fees Contracts From Govt Ag | FeesContractsFromGovtAgGrp | |
| Membership Dues And Assmnt | MembershipDuesAndAssmntGrp | |
| Int On Sav And Temp Cash Invst | IntOnSavAndTempCashInvstGrp |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business | 900099 | BusinessCd |
| Unrelated Business Taxbl Incm | $2 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | 14 | ExclusionCd |
| Exclusion | $106,247 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Rntl Incm Re Debt Fincd Prop | NetRntlIncmReDebtFincdPropGrp | |
| Net Rntl Incm Re Not Debt Fincd Prop | NetRntlIncmReNotDebtFincdProp | |
| Net Rental Income Personal Prop | NetRentalIncomePersonalPropGrp |
Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business | 900099 | BusinessCd |
| Unrelated Business Taxbl Incm | $14 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | 14 | ExclusionCd |
| Exclusion | $334 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business | 900099 | BusinessCd |
| Unrelated Business Taxbl Incm | $200 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | 18 | ExclusionCd |
| Exclusion | $754,305 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $216 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $860,886 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $861,102 | 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 |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c | Yes (X) | Organization501cInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Contributor Person | Lynn Straus | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1037 Constable Drive South | AddressLine1Txt |
| City | Mamaroneck | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10543 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $147,164 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
| Noncash Contribution | Yes (X) | NoncashContributionInd |
Non Cash Property Contribution NonCashPropertyContributionGrp (2 entries)
| ContributorContributorNum | Noncash PropertyNoncashPropertyDesc | Fair Market ValueFairMarketValueAmt | ReceivedReceivedDt |
|---|---|---|---|
| 1 | 4,700 SHS OF INTERNATIONAL BUSINESS MACHINES CORP | $674,685 | 2019-09-26 |
| 2 | 560 SHS OF MICROSOFT CORP | $78,142 | 2019-09-28 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING | CategoryTxt |
| Amt | $15,495 | Amt |
| Net Investment Income | $7,748 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $7,747 | DisbursementsCharitablePrpsAmt |
All Oth Prog Rltd Investments Sch AllOthProgRltdInvestmentsSch
All Other Program Related Invst AllOtherProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | NONE | Desc |
Depreciation Schedule DepreciationSchedule
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | SEE ATTACHMENT 13 | StockNm |
| EOY Book Value | $3,281,299 | EOYBookValueAmt |
| EOYFMV | $4,333,212 | EOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | CASH RESERVES NEUBERGER&BERMAN | CategoryOrItemTxt |
| Listed At Cost Or FMV | FMV | ListedAtCostOrFMVCd |
| Book Value | $223,757 | BookValueAmt |
| EOYFMV | $223,757 | EOYFMVAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | COST BASIS ADJUSTMENT | Desc |
| Amt | $2,270 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| ADVERTISING | $160 | $160 | |
| THE BLACKSTONE GROUP L.P. K-1 | $114 | $114 | |
| BANK FEE | $129 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | THE BLACKSTONE GROUP L.P. K-1 | Desc |
| Revenue And Expenses Per Books | $348 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $348 | NetInvestmentIncomeAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | INVESTMENT ADVISORY FEES | CategoryTxt |
| Amt | $57,753 | Amt |
| Net Investment Income | $57,753 | NetInvestmentIncomeAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| NYS FILING FEE | $250 | |
| FOREIGN TAXES | $572 | $572 |
| INCOME TAXES | $13,297 |