BWETA FAMILY FOUNDATION: Form 990PF, tax year 2019

View the entire original 990 at ProPublica ↗

Organization
BWETA FAMILY FOUNDATION (EIN 13-4020892)
Tax period
2019-01-01 to 2019-12-31
Filed
2020-07-14
IRS object ID
202021969349101832
Schema version
2019v5.0
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 ReturnHeader

FieldValueIRS element (for citing)
Return2020-07-14T14:37:08-07:00ReturnTs
Tax Period End2019-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN133358774PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Bernath & Rosenberg PCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11430 Broadway 7th FloorAddressLine1Txt
CityNew YorkCityNm
State AbbreviationNYStateAbbreviationCd
ZIP100183308ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2019-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN134020892EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1BWETA FAMILY FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlBWETBusinessNameControlTxt
Phone2122211140PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1C/O J EZRA 131 MERCER STAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10012ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJAMIL EZRAPersonNm
Person TitleTrusteePersonTitleTxt
Signature2020-07-14SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonBenjamin BergerPreparerPersonNm
PTINP00236799PTIN
Phone2122211140PhoneNum
FieldValueIRS element (for citing)
Tax2019TaxYr
Build TS2021-04-22 16:20:28ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$1,072,471FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$1,295ContriRcvdRevAndExpnssAmt
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss$24InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$24InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$20,737DividendsRevAndExpnssAmt
Dividends Net Invst Incm$20,737DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$30,894NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$70,010GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$30,894CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$52,950TotalRevAndExpnssAmt
Total Net Invst Incm$51,655TotalNetInvstIncmAmt
Accounting Fees Rev And Expnss$1,295AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$648AccountingFeesNetInvstIncmAmt
Accounting Fees Chrtbl Prps$647AccountingFeesChrtblPrpsAmt
Taxes Rev And Expnss$623TaxesRevAndExpnssAmt
Taxes Net Invst Incm$623TaxesNetInvstIncmAmt
Other Expenses Rev And Expnss$7,761OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$6,169OtherExpensesNetInvstIncmAmt
Other Expenses Dsbrs Chrtbl$1,592OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$9,679TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$7,440TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$2,239TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$56,635ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$56,635ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$66,314TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$7,440TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$58,874TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$13,364ExcessRevenueOverExpensesAmt
Net Investment Income$44,215NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$35,737CashBOYAmt
Cash EOY$7,509CashEOYAmt
Cash EOYFMV$7,509CashEOYFMVAmt
Sav And Temp Cash Invst BOY$1,798SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$34,238SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$34,238SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY$661,742CorporateStockBOYAmt
Corporate Stock EOY$655,218CorporateStockEOYAmt
Corporate Stock EOYFMV$1,030,724CorporateStockEOYFMVAmt
Total Assets BOY$699,277TotalAssetsBOYAmt
Total Assets EOY$696,965TotalAssetsEOYAmt
Total Assets EOYFMV$1,072,471TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Retained Earning BOY$699,277RetainedEarningBOYAmt
Retained Earning EOY$696,965RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$699,277TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$696,965TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$699,277TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$696,965TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$699,277TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$13,364ExcessRevenueOverExpensesAmt
Other Increases$11,053OtherIncreasesAmt
Subtotal$696,966SubtotalAmt
Other Decreases$1OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY$696,965TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (3 entries)

PropertyPropertyDescHow AcquiredHowAcquiredCdAcquiredAcquiredDtSoldSoldDtGross Sales PriceGrossSalesPriceAmtCost Or Other BasisCostOrOtherBasisAmtGain Or LossGainOrLossAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
LPL FINANCIALP2019-01-012019-12-31$32,675$9,145$23,530$23,530
LPL FINANCIALP2018-09-142019-10-11$29,980$29,971$9$9
Capital Gain Dividends$7,355
FieldValueIRS element (for citing)
Capital Gain Net Income$30,894CapitalGainNetIncomeAmt
Net Short Term Capital Gain Loss$23,530NetShortTermCapitalGainLossAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$50,332AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$1,013,624NetVlNoncharitableAssetsYr1Amt
Distribution Yr10.04966DistributionYr1Rt
Adjusted Qlfy Distri Yr2$70,464AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$1,105,882NetVlNoncharitableAssetsYr2Amt
Distribution Yr20.06372DistributionYr2Rt
Adjusted Qlfy Distri Yr3$50,759AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$954,358NetVlNoncharitableAssetsYr3Amt
Distribution Yr30.05319DistributionYr3Rt
Adjusted Qlfy Distri Yr4$77,929AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4$1,027,793NetVlNoncharitableAssetsYr4Amt
Distribution Yr40.07582DistributionYr4Rt
Adjusted Qlfy Distri Yr5$61,865AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5$1,092,332NetVlNoncharitableAssetsYr5Amt
Distribution Yr50.05664DistributionYr5Rt
Total Distribution0.299017TotalDistributionRt
Average Distribution0.059803AverageDistributionRt
Net Vl Noncharitable Assets$1,010,568NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$60,435AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct$442NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$60,877AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$58,874QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$884InvestmentIncomeExciseTaxAmt
Subtotal$884SubtotalAmt
Tax Based On Investment Income$884TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$559EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits$559TotalPaymentsAndCreditsAmt
Tax Due$325TaxDueAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateNYOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1BERNATH & ROSENBERG PCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone2122211140PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line11430 BROADWAY 7TH FLOORAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP100183308ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Acts Fail To Qlfy As ExceptionsfalseActsFailToQlfyAsExceptionsInd
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
Undistributed Income PYfalseUndistributedIncomePYInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmt
JAMIL EZRA
131 MERCER ST PHBNEW YORKNY10012Trustee0.00$0
BENJAMIN JOSEPH EZRA
131 MERCER ST PHBNEW YORKNY10012Trustee0.00$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$1,012,035AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$13,922AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$1,025,957TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$1,025,957AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$15,389CashDeemedCharitableAmt
Net Vl Noncharitable Assets$1,010,568NetVlNoncharitableAssetsAmt
Minimum Investment Return$50,528MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$50,528MinimumInvestmentReturnAmt
Tax Based On Investment Income$884TaxBasedOnInvestmentIncomeAmt
Total Tax$884TotalTaxAmt
Distributable Before Adj$49,644DistributableBeforeAdjAmt
Distributable Before Ded$49,644DistributableBeforeDedAmt
Distributable As Adjusted$49,644DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$58,874ExpensesAndContributionsAmt
Qualifying Distributions$58,874QualifyingDistributionsAmt
Adjusted Qualifying Distri$58,874AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$49,644DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$7,598ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$27,621ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$4,008ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$15,557ExcessDistributionCyovYr2Amt
Total Excess Distribution Cyov$54,784TotalExcessDistributionCyovAmt
Qualifying Distributions$58,874QualifyingDistributionsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$49,644AppliedToCurrentYearAmt
Remaining Distri From Corpus$9,230RemainingDistriFromCorpusAmt
Total Corpus$64,014TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$7,598ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$56,416ExcessDistriCyovToNextYrAmt
Excess From Year4$27,621ExcessFromYear4Amt
Excess From Year3$4,008ExcessFromYear3Amt
Excess From Year2$15,557ExcessFromYear2Amt
Excess From Current Year$9,230ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (6 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
VARIOUS charitable organizations
131 MERCER STNEW YORKNY10012NONEEXEMPTCHARITABLE$25,275
AMERICAN FRIENDS OF BABYLONIAN HERI
1700 YORK AVENUENEW YORKNY10128NONEEXEMPTCHARITABLE$10,000
DROR FOUNDATION
253 West 35th Street 15th FloorNEW YORKNY10001NONEEXEMPTCHARITABLE$4,400
Congregation Bene Naharayim
8534 Midland PkwyJamaicaNY11432NONEEXEMPTCHARITABLE$3,960
RHINEBECK JEWISH CENTER
102 MONTGOMERY STRHINEBECKNY12572NONEEXEMPTCHARITABLE$7,800
AMERICAN FRIENDS OF SEPHARDIC FEDER
15 W 16 STREETNEW YORKNY10011NONEEXEMPTCHARITABLE$5,200
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$56,635TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$24ExclusionAmt

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$20,737ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion$30,894ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$51,655ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$51,655TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryACCOUNTINGCategoryTxt
Amt$1,295Amt
Net Investment Income$648NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$647DisbursementsCharitablePrpsAmt

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail

FieldValueIRS element (for citing)
DescROUNDINGDesc
Amt$1Amt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmtNet Investment IncomeNetInvestmentIncomeAmt
BANK CHARGES$1,492$1,492
FILING FEE$100$100
INVESTMENT & ADVISORY FEES$6,169$6,169

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail

FieldValueIRS element (for citing)
DescNON-DIVIDEND DISTRIBUTIONSDesc
Amt$11,053Amt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryFOREIGN TAXESCategoryTxt
Amt$623Amt
Net Investment Income$623NetInvestmentIncomeAmt

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