ZOOM FOUNDATION: Form 990PF, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- ZOOM FOUNDATION (EIN 06-1600601)
- Tax period
- 2019-07-01 to 2020-06-30
- Filed
- 2020-11-12
- IRS object ID
- 202003179349100110
- 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
- Depreciation Schedule
- Gain Loss Sale Other Assets Sch
- Investments Corp Stock Schedule
- Land Etc Schedule2
- Other Expenses Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2020-11-12T05:43:37-08:00 | ReturnTs |
| Tax Period End | 2020-06-30 | 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 | 10591 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2019-07-01 | 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 | 2039899044 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2 SOUND VIEW DRIVE | AddressLine1Txt |
| City | GREENWICH | CityNm |
| State Abbreviation | CT | StateAbbreviationCd |
| ZIP | 06830 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | SUSAN MANDEL | PersonNm |
| Person Title | TRUSTEE | PersonTitleTxt |
| Phone | 2039899044 | PhoneNum |
| Signature | 2020-11-06 | 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 | 2020-11-12 | PreparationDt |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 100.33.116.66 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2020-11-12 | IPDt |
| IP Tm | 05:43:29 | IPTm |
| IP Timezone | PS | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | E21524407A18CF0FB559F421F8B1CBBF5C4E5FE6 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | E21524407A18CF0FB559F421F8B1CBBF5C4E5FE6 | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2019 | TaxYr |
| Build TS | 2021-04-22 16:20:28Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Change | Yes (X) | AddressChangeInd |
| 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 | $78,000,000 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $1 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $1 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $6,989,561 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $6,989,561 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $88,025,274 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $103,242,815 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $88,025,274 | CapGainNetIncmNetInvstIncmAmt |
| Gross Profit Rev And Expnss | $0 | GrossProfitRevAndExpnssAmt |
| Other Income Rev And Expnss | $40 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $40 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $173,014,876 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $95,014,876 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $188,420 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $188,420 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $53,269 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $53,269 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $17,794 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $17,794 | PensionEmplBnftDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $0 | LegalFeesRevAndExpnssAmt |
| Accounting Fees Rev And Expnss | $21,735 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $10,868 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $10,867 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $32,639 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Dsbrs Chrtbl | $32,639 | OtherProfFeesDsbrsChrtblAmt |
| Interest Rev And Expnss | $642,245 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $642,245 | InterestNetInvstIncmAmt |
| Taxes Rev And Expnss | $1,128,092 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $399,428 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $8,664 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $10,192 | DeprecAndDpltnRevAndExpnssAmt |
| Occupancy Rev And Expnss | $27,816 | OccupancyRevAndExpnssAmt |
| Occupancy Dsbrs Chrtbl | $27,816 | OccupancyDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $1,682 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $1,682 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $695,071 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $588,245 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $106,826 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $2,818,955 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $1,640,786 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $447,977 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $68,446,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $68,446,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $71,264,955 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $1,640,786 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $68,893,977 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $101,749,921 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $93,374,090 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $215,278 | CashBOYAmt |
| Cash EOY | $270,826 | CashEOYAmt |
| Cash EOYFMV | $270,826 | CashEOYFMVAmt |
| Rcvbl From Officers EOY | $0 | RcvblFromOfficersEOYAmt |
| Other Nts And Loans Rcvbl EOY | $0 | OtherNtsAndLoansRcvblEOYAmt |
| Prepaid Expenses EOY | $7,199 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $7,199 | PrepaidExpensesEOYFMVAmt |
| Corporate Stock BOY | $601,081,386 | CorporateStockBOYAmt |
| Corporate Stock EOY | $702,774,123 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $999,696,639 | CorporateStockEOYFMVAmt |
| Land Bldg Investments EOY | $0 | LandBldgInvestmentsEOYAmt |
| Other Investments EOY | $0 | OtherInvestmentsEOYAmt |
| Land Bldg Equip Cost Or Other Bss | $108,242 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $82,907 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $34,253 | LandBOYAmt |
| Land EOY | $25,335 | LandEOYAmt |
| Land EOYFMV | $25,335 | LandEOYFMVAmt |
| Other Assets BOY | $0 | OtherAssetsBOYAmt |
| Other Assets EOY | $0 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $0 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $601,330,917 | TotalAssetsBOYAmt |
| Total Assets EOY | $703,077,483 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $999,999,999 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $3,355 | AccountsPayableBOYAmt |
| 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 | $3,355 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $601,327,562 | RetainedEarningBOYAmt |
| Retained Earning EOY | $703,077,483 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $601,327,562 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $703,077,483 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $601,330,917 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $703,077,483 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $601,327,562 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $101,749,921 | ExcessRevenueOverExpensesAmt |
| Subtotal | $703,077,483 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $703,077,483 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (5 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 | P | 2018-01-01 | 2019-12-31 | $52,468,078 | $0 | $0 | $52,468,078 | $0 | $0 | $0 | $52,468,078 |
| FROM PASS THRU ENTITY - LONE REDWOOD | P | 2018-01-01 | 2019-12-31 | $0 | $0 | $1,627,871 | -$1,627,871 | $0 | $0 | $0 | -$1,627,871 |
| FROM PASS THRU ENTITY - LONE REDWOOD | P | 2018-01-01 | 2019-12-31 | $13,546,737 | $0 | $0 | $13,546,737 | $0 | $0 | $0 | $13,546,737 |
| 1403.65 SHARES LONE CEDAR | P | 2018-01-01 | 2019-12-31 | $19,879,000 | $0 | $7,337,165 | $12,541,835 | $0 | $0 | $0 | $12,541,835 |
| 2354.09 SHARES LONE CEDAR | P | 2018-01-01 | 2019-12-31 | $17,349,000 | $0 | $6,252,505 | $11,096,495 | $0 | $0 | $0 | $11,096,495 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $88,025,274 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $62,149,132 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $999,999,999 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.062149 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $58,369,095 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $999,999,999 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.058369 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $48,358,160 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $962,825,262 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.050225 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $48,469,604 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $916,296,446 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.052897 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $55,551,087 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $876,110,446 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.063406 | DistributionYr5Rt |
| Total Distribution | 0.287046 | TotalDistributionRt |
| Average Distribution | 0.057409 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $984,999,999 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $56,547,865 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $933,741 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $57,481,606 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $68,893,977 | 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 | $933,741 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $933,741 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $933,741 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $526,563 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $600,000 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $1,126,563 | TotalPaymentsAndCreditsAmt |
| Original Return Overpayment | -$1,126,563 | OriginalReturnOverpaymentAmt |
| Overpayment | $192,822 | OverpaymentAmt |
| Applied To ES Tax | $192,822 | 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 | CARMINA ROTH | IndividualWithBooksNm |
| Phone | 2039899044 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2 SOUND VIEW DRIVE | AddressLine1Txt |
| City | GREENWICH | CityNm |
| State Abbreviation | CT | StateAbbreviationCd |
| ZIP | 06830 | 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MEGHAN LOWNEY | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2 SOUND VIEW DRIVE | AddressLine1Txt |
| City | GREENWICH | CityNm |
| State Abbreviation | CT | StateAbbreviationCd |
| ZIP | 06830 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Title | EXECUTIVE DIRECTOR | TitleTxt |
| Average Hrs Per Wk Devoted To Pos | 40.00 | AverageHrsPerWkDevotedToPosRt |
| Compensation | $172,920 | CompensationAmt |
| Employee Benefits | $15,500 | EmployeeBenefitsAmt |
| Expense Account | $0 | ExpenseAccountAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Employee Paid Over50k | 2 | 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 | 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. | Description1Txt |
| Expenses1 | $51,892 | Expenses1Amt |
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 | $999,677,410 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $287,151 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $35,438 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $999,999,999 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| 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 | $933,741 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $933,741 | TotalTaxAmt |
| Distributable Before Adj | $48,316,259 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $19,966,590 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $68,282,849 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $68,282,849 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $68,893,977 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $68,893,977 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $933,741 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $67,960,236 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $68,282,849 | 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 | $21,316,118 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $21,316,118 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $68,893,977 | QualifyingDistributionsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $46,966,731 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $21,927,246 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $21,316,118 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $21,316,118 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $21,927,246 | 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 | $21,927,246 | 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 | $21,927,246 | 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 | $68,446,000 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $68,446,000 | 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 | $6,989,561 | ExclusionAmt |
Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $40 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $88,025,274 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $95,014,876 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $95,014,876 | 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 | $78,000,000 | 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 | $19,985 | $9,993 | $9,992 |
| CAROL MAVILLA BOOKKEEPING SERVICES | $1,750 | $875 | $875 |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp (9 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 | $19,271 | 200DB | 7.000000000000 | $900 |
| FURNITURE & FIXTURES 2014 | 2014-01-01 | $31,040 | $26,884 | 200DB | 7.000000000000 | $2,771 |
| FURNITURE AND FIXTURES 2015 | 2015-01-01 | $17,277 | $13,422 | 200DB | 7.000000000000 | $1,542 |
| FURNITURE & FIXTURES | 2017-01-01 | $10,817 | $6,086 | 200DB | 7.000000000000 | $1,352 |
| FURNITURE & FIXTURES 2017 | 2018-01-01 | $8,953 | $3,472 | 200DB | 7.000000000000 | $1,566 |
| FURNITURE & FIXTURES 2018 | 2019-01-01 | $7,229 | $1,033 | 200DB | 7.000000000000 | $1,770 |
| LEASEHOLD IMPROVEMENT | 2019-01-01 | $9,041 | $106 | SL | 39.000000000000 | $232 |
| SOFTWARE | 2019-11-05 | $266 | SL | 3.000000000000 | $59 |
Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch
Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp (5 entries)
| AssetAssetDesc | How AcquiredHowAcquiredTxt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Total NetTotalNetAmt | BasisBasisAmt |
|---|---|---|---|---|---|
| FROM PASS THRU ENTITY - LONE CASCADE | Purchased | 2019-12 | $52,468,078 | $52,468,078 | |
| FROM PASS THRU ENTITY - LONE REDWOOD | Purchased | 2019-12 | $0 | -$1,627,871 | $1,627,871 |
| FROM PASS THRU ENTITY - LONE REDWOOD | Purchased | 2019-12 | $13,546,737 | $13,546,737 | |
| 1403.65 SHARES LONE CEDAR | Purchased | 2019-12 | $19,879,000 | $12,541,835 | $7,337,165 |
| 2354.09 SHARES LONE CEDAR | Purchased | 2019-12 | $17,349,000 | $11,096,495 | $6,252,505 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (4 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| SHARES OF LONE CEDAR LTD | $121,729,106 | $204,190,384 |
| LONE CASCADE LP | $461,456,925 | $659,236,381 |
| LONE REDWOOD LP | $77,859,244 | $86,275,669 |
| LONE REDWOOD LP | $41,728,848 | $49,994,205 |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp (3 entries)
| Category Or ItemCategoryOrItemTxt | Cost Or Other BasisCostOrOtherBasisAmt | Accumulated DepreciationAccumulatedDepreciationAmt | Book ValueBookValueAmt |
|---|---|---|---|
| FURNITURE AND FIXTURES | $98,935 | $82,510 | $16,425 |
| LEASEHOLD IMPROVEMENTS | $9,041 | $338 | $8,703 |
| SOFTWARE | $266 | $59 | $207 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (8 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| COMMUNICATIONS | $28,736 | $28,736 | |
| EDUCATION INITIATIVE | $51,892 | $51,892 | |
| OTHER OPERATIONS | $19,549 | $19,549 | |
| PAYROLL PROCESSING FEES | $1,865 | $1,865 | |
| PUBLIC RELATIONS | $3,208 | $3,208 | |
| SUPPLIES | $1,576 | $1,576 | |
| OTHER PORTFOLIO DEDUCTIONS FROM PASS THRU ENTITIES | $281,449 | $281,449 | |
| OTHER LOSSES FROM PASS THRU ENTITES | $306,796 | $306,796 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER INCOME | Desc |
| Revenue And Expenses Per Books | $40 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $40 | NetInvestmentIncomeAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|
| VARIOUS OPERATIONAL SUPPORT | $22,639 | $22,639 |
| MCDOWELL JEWETT COMMUNICATIONS COMMUNICATIONS | $10,000 | $10,000 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| FEDERAL TAXES | $720,000 | ||
| FOREIGN TAXES PAID | $399,428 | $399,428 | |
| PAYROLL TAXES | $8,664 | $8,664 |
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