KARMA FOUNDATION: Form 990PF, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- KARMA FOUNDATION (EIN 22-3478433)
- Tax period
- 2019-01-01 to 2019-12-31
- Filed
- 2020-11-13
- IRS object ID
- 202033189349103753
- 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
- Depreciation Schedule
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Investments Other Schedule2
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2020-11-13T16:15:36-06:00 | ReturnTs |
| Tax Period End | 2019-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | EISNERAMPER LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 733 THIRD AVENUE | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 100172703 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2019-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 223478433 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE KARMA FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % DINA ELKINS | InCareOfNm |
| Business Name Control | KARM | BusinessNameControlTxt |
| Phone | 6099245939 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 140 ARRETON ROAD | AddressLine1Txt |
| City | PRINCETON | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 08540 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DINA ELKINS | PersonNm |
| Person Title | officer | PersonTitleTxt |
| Phone | 6099245939 | PhoneNum |
| Signature | 2020-11-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | DANE E DICKLER CPA | PreparerPersonNm |
| PTIN | P00444049 | PTIN |
| Phone | 2129498700 | PhoneNum |
| Preparation | 2020-11-15 | PreparationDt |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 64.238.150.4 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Federal Original Submission Id | 13478420203185000023 | FederalOriginalSubmissionId |
| Federal Original Submission Id | 2020-11-13 | FederalOriginalSubmissionIdDt |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | F364A4E5563EBAA8CB0B0FE3D898B34CF8CBD519 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | F364A4E5563EBAA8CB0B0FE3D898B34CF8CBD519 | 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) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $6,402,732 | 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 | $0 | ContriRcvdRevAndExpnssAmt |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $9,680 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $9,680 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $92,122 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $92,122 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $443,699 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $3,982,546 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $545,187 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $3,536 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $254 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $549,037 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $647,243 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $119,990 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $29,998 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $89,992 | CompOfcrDirTrstDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $7,530 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Net Invst Incm | $1,882 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $5,648 | PensionEmplBnftDsbrsChrtblAmt |
| Interest Rev And Expnss | $183 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $183 | InterestNetInvstIncmAmt |
| Taxes Rev And Expnss | $10,862 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $3,849 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $7,013 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $49,957 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $41,431 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $8,526 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $188,522 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $77,343 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $111,179 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $251,186 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $251,186 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $439,708 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $77,343 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $362,365 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $109,329 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $569,900 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $7,442 | CashBOYAmt |
| Cash EOY | $3,069 | CashEOYAmt |
| Cash EOYFMV | $3,069 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $203,416 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $243,828 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $243,828 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl | $4,068 | AcctRcvblAmt |
| Acct Rcvbl BOY | $9,604 | AcctRcvblBOYAmt |
| Acct Rcvbl EOY | $4,068 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $4,068 | AcctRcvblEOYFMVAmt |
| US Government Obligations BOY | $110,367 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $4,845 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $4,828 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $4,863,636 | CorporateStockBOYAmt |
| Corporate Stock EOY | $4,389,739 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $5,231,955 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $161,157 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $888,915 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $914,984 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $9,440 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $0 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $0 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $5,365,062 | TotalAssetsBOYAmt |
| Total Assets EOY | $5,534,464 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $6,402,732 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $11,148 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $5,199 | AccountsPayableEOYAmt |
| Total Liabilities BOY | $11,148 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $5,199 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $5,353,914 | CapitalStockBOYAmt |
| Capital Stock EOY | $5,529,265 | CapitalStockEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $5,353,914 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $5,529,265 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $5,365,062 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $5,534,464 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $5,353,914 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $109,329 | ExcessRevenueOverExpensesAmt |
| Other Increases | $66,022 | OtherIncreasesAmt |
| Subtotal | $5,529,265 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $5,529,265 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (20 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | Gain Or LossGainOrLossAmt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|
| THRU PARTNERSHIP | P | -$11,648 | |||
| CAPITAL GAIN DISTRIBUTION | P | $58,213 | |||
| BAIRD 6703-7171 | P | $1,361 | $16,604 | $15,243 | $1,361 |
| BAIRD 6703-7171 | P | -$20,278 | $569,174 | $589,452 | -$20,278 |
| BAIRD 8252-4374 | P | $2,413 | $16,070 | $13,657 | $2,413 |
| BAIRD 8252-4374 | P | $6,608 | $24,624 | $18,016 | $6,608 |
| BAIRD 6667-5384 | P | -$169 | $4,074 | $4,243 | -$169 |
| BAIRD 6667-5384 | P | $7 | $17,813 | $17,806 | $7 |
| BAIRD 7417-3726 | P | $16,191 | $51,560 | $35,369 | $16,191 |
| BAIRD 7417-3726 | P | $8,127 | $44,443 | $36,316 | $8,127 |
| MERRILL LYNCH 7EG-02216 | P | $24,229 | $619,578 | $595,349 | $24,229 |
| MERRILL LYNCH 7EG-02216 | P | $223,940 | $1,594,782 | $1,370,842 | $223,940 |
| MERRILL LYNCH 7EG-02328 | P | $1,935 | $88,336 | $86,342 | $1,994 |
| MERRILL LYNCH 7EG-02328 | P | $2,149 | $162,121 | $158,671 | $3,450 |
| MERRILL LYNCH 7EG-02329 | P | $11,071 | $139,777 | $128,810 | $10,967 |
| MERRILL LYNCH 7EG-02329 | P | $111,907 | $500,252 | $388,345 | $111,907 |
| BAIRD 4222-0143 | P | -$840 | $88,956 | $89,796 | -$840 |
| BAIRD 4222-0143 | P | $8,483 | $42,240 | $33,757 | $8,483 |
| LIQUIDATION OF PARTNERSHIP INTEREST | P | $101,488 | |||
| MERRILL LYNCH 7EG-02201 | P | $2,144 | $2,144 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $545,187 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $537,071 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $6,345,143 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.084643 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $541,712 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $5,966,364 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.090794 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $873,002 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $5,382,082 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.162205 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $836,815 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $5,893,233 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.141996 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $930,001 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $6,686,028 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.139096 | DistributionYr5Rt |
| Total Distribution | 0.618734 | TotalDistributionRt |
| Average Distribution | 0.123747 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $5,958,840 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $737,389 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $5,699 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $743,088 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $362,365 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $11,398 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $11,398 | SubtotalAmt |
| Tax Based On Investment Income | $11,398 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $9,174 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $9,174 | TotalPaymentsAndCreditsAmt |
| Tax Due | $2,224 | 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 | NJ | 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 | WWW.KARMAFOUNDATION.ORG | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DINA ELKINS | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 6099245939 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 140 ARRETON ROAD | AddressLine1Txt |
| City | PRINCETON | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 08540 | 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 |
| 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 | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| SHARON KARMAZIN | ||||||||
| 6 COMBS PLACE | MILLTOWN | NJ | 08850 | president | 1.0 | $0 | $0 | $0 |
| DINA K ELKINS | ||||||||
| 140 ARRETON ROAD | PRINCETON | NJ | 08540 | executive DIRECTOR | 35.0 | $119,990 | $0 | $0 |
| CRAIG KARMAZIN | ||||||||
| 100 STODDART STREET | BEAVER DAM | WI | 53916 | trustee | 1.0 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Summary Of Direct Chrtbl Acty | SummaryOfDirectChrtblActyGrp |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | N/A | Description1Txt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $5,648,676 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $396,188 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $4,720 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $6,049,584 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $6,049,584 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $90,744 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $5,958,840 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $297,942 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $297,942 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $11,398 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $11,398 | TotalTaxAmt |
| Distributable Before Adj | $286,544 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $286,544 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $286,544 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $362,365 | 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 | $362,365 | QualifyingDistributionsAmt |
| Adjusted Qualifying Distri | $362,365 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $286,544 | 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 | $611,251 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $550,793 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $604,434 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $256,907 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $224,247 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $2,247,632 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $362,365 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Current Year | $286,544 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $75,821 | RemainingDistriFromCorpusAmt |
| Total Corpus | $2,323,453 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov From Yr5 | $611,251 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $1,712,202 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $550,793 | ExcessFromYear4Amt |
| Excess From Year3 | $604,434 | ExcessFromYear3Amt |
| Excess From Year2 | $256,907 | ExcessFromYear2Amt |
| Excess From Year1 | $224,247 | ExcessFromYear1Amt |
| Excess From Current Year | $75,821 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | SHARON KARMAZIN | 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 ATTACHED STATEMENT A | BusinessNameLine1Txt |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | SEE ATTACHED STATEMENT A | AddressLine1Txt |
| City | PRINCETON | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 08540 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Relationship | NONE | RecipientRelationshipTxt |
| Recipient Foundation Status | PC | RecipientFoundationStatusTxt |
| Grant Or Contribution Purpose | CHARITABLE PURPOSES | GrantOrContributionPurposeTxt |
| Amt | $251,186 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $251,186 | 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $9,680 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $92,122 | 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 |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $443,699 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Other Revenue Described OtherRevenueDescribedGrp (2 entries)
| DescDesc | ExclusionExclusionCd | ExclusionExclusionAmt |
|---|---|---|
| MISCELLANEOUS INCOME | 01 | $254 |
| NON TAXABLE DISTRIBUTION | 01 | $3,282 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $549,037 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $549,037 | 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 |
Depreciation Schedule DepreciationSchedule
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (3 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| BAIRD 6667-5384 | $0 | $0 |
| MERRILL LYNCH 02201 | $10,975 | $31,663 |
| MERRILL LYNCH 02328 | $877,940 | $883,321 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (5 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| MARKETABLE SECURITIES | $4,258,816 | $4,748,349 |
| 85 SHS ALPHABET INC | $44,578 | $113,848 |
| 98 SHS AMAZON COM INC | $33,649 | $181,088 |
| 310 SHS FACEBOOK INC CL A | $21,471 | $63,628 |
| 762 SHS JPMORGAN CHASE & CO | $31,225 | $125,042 |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $4,845 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $4,828 | USGovtObligationsEOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | SILVERCREEK LOW VOL STRATEGIES | CategoryOrItemTxt |
| Listed At Cost Or FMV | AT COST | ListedAtCostOrFMVCd |
| Book Value | $0 | BookValueAmt |
| EOYFMV | $0 | EOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (10 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| FILING FEES | $9 | $9 | |
| INVESTMENT ADVISORY FEES | $39,731 | $39,731 | |
| PAYROLL SERVICE FEES | $2,330 | $1,747 | $583 |
| MEALS | $1,658 | $829 | $829 |
| TELEPHONE | $1,277 | $1,277 | |
| OFFICE EXPENSE | $2,045 | $2,045 | |
| WEBSITE FEES | $2,090 | $2,090 | |
| EXPENSES THRU K-1 | $163 | $163 | |
| CREDIT CARD FEES | $153 | $153 | |
| INSURANCE | $501 | $376 | $125 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| non taxable distributions | $3,282 | |
| miscellaneous income | $254 | $254 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail (3 entries)
| DescDesc | AmtAmt |
|---|---|
| COST BASIS ADJUSTMENTS | $43,195 |
| BOOK/TAX DIFFERENCE THRU K-1 | $12,827 |
| PRIOR YEAR ADJUSTMENT | $10,000 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| FOREIGN TAXES | $1,511 | $1,511 | |
| PAYROLL TAXES | $9,351 | $2,338 | $7,013 |
Comments