KENNETH AND CLAUDIA SILVERMAN FAMILY FOUNDATION: Form 990PF, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- KENNETH AND CLAUDIA SILVERMAN FAMILY FOUNDATION (EIN 22-6831069)
- Tax period
- 2019-01-01 to 2019-12-31
- Filed
- 2020-11-16
- IRS object ID
- 202033219349102913
- 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
- Accounting Fees Schedule
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Other Expenses Schedule
- Other Income Schedule2
- Other Liabilities Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2020-11-16T11:24:34-06:00 | ReturnTs |
| Tax Period End | 2019-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 221430039 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SOBEL & CO LLC CPA'S | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 293 EISENHOWER PARKWAY | AddressLine1Txt |
| City | LIVINGSTON | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 070391711 | 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 | 226831069 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KENNETH AND CLAUDIA SILVERMAN FAMILY | BusinessNameLine1Txt |
| Business Name Line2 | FOUNDATION | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | KENN | BusinessNameControlTxt |
| Phone | 9737650100 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 195 MORRISTOWN ROAD | AddressLine1Txt |
| City | BASKING RIDGE | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07920 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | KENNETH SILVERMAN | PersonNm |
| Person Title | TRUSTEE | PersonTitleTxt |
| Phone | 9737650100 | PhoneNum |
| Signature | 2020-11-12 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | ALAN D SOBEL | PreparerPersonNm |
| PTIN | P01339002 | PTIN |
| Phone | 9739949494 | PhoneNum |
| Preparation | 2020-11-12 | PreparationDt |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 96.225.92.15 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2020-11-12 | IPDt |
| IP Tm | 14:15:36 | IPTm |
| IP Timezone | ES | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | FE93B661DB527E38D251AE3B895CB1A41A5A78C0 | 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 | $10,240,082 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Dividends Rev And Expnss | $271,723 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $271,723 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $233,797 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $2,905,587 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $233,797 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $135,096 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $135,096 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $640,616 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $640,616 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $7,500 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $7,500 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $0 | AccountingFeesChrtblPrpsAmt |
| Taxes Rev And Expnss | $7,860 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $360 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $13,913 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $13,913 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $0 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $29,273 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $21,773 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $676,093 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $676,093 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $705,366 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $21,773 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $676,093 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$64,750 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $618,843 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $1,502,483 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $2,387,426 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $2,387,426 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $917,704 | CorporateStockBOYAmt |
| Corporate Stock EOY | $942,326 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $1,341,645 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $3,711,289 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $4,400,585 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $4,597,044 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $3,861,249 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $2,170,222 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $1,913,967 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $9,992,725 | TotalAssetsBOYAmt |
| Total Assets EOY | $9,900,559 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $10,240,082 | TotalAssetsEOYFMVAmt |
| Other Liabilities BOY | $29,794 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $2,378 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $29,794 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $2,378 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $0 | CapitalStockBOYAmt |
| Capital Stock EOY | $0 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $9,962,931 | RetainedEarningBOYAmt |
| Retained Earning EOY | $9,898,181 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $9,962,931 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $9,898,181 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $9,992,725 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $9,900,559 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $9,962,931 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$64,750 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $9,898,181 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $9,898,181 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (14 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|
| JPM 6000 | P | $161,753 | $181,951 | -$20,198 | -$20,198 |
| JPM 6000 | P | $500,000 | $498,906 | $1,094 | $1,094 |
| JPM 1007 | P | $11,704 | $13,786 | -$2,082 | -$2,082 |
| JPM 1007 | P | $73,255 | $57,347 | $15,908 | $15,908 |
| JPM 1007 | P | $9 | $9 | $9 | |
| JPM 1003 | P | $14,682 | $14,961 | -$279 | -$279 |
| JPM 1003 | P | $40,668 | $37,511 | $3,157 | $3,157 |
| GOLDMAN SACHS | P | $102,726 | $23,022 | $79,704 | $79,704 |
| SALE OF THIRD POINT | P | $1,164,955 | $1,137,993 | $26,962 | $26,962 |
| SALE OF MACKAY | P | $641,202 | $706,313 | -$65,111 | -$65,111 |
| CAPITAL GAIN FROM MACKAY | P | $180,956 | $180,956 | $180,956 | |
| CAPITAL GAIN FROM YORK | P | $10,556 | $10,556 | $10,556 | |
| CAPITAL GAIN FROM THIRD POINT | P | $3,109 | $3,109 | $3,109 | |
| CAPITAL GAINS DIVIDENDS | P | $12 | $12 | $12 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $233,797 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | 0 | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $357,350 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $9,953,504 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.035902 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $348,207 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $9,938,896 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.035035 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $851,282 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $9,581,577 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.088846 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $987,404 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $11,459,610 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.086164 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $914,551 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $11,740,061 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.077900 | DistributionYr5Rt |
| Total Distribution | 0.323847 | TotalDistributionRt |
| Average Distribution | 0.064769 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $10,199,722 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $660,626 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $6,188 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $666,814 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $676,093 | 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 | $6,188 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $6,188 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $6,188 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $2,017 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $7,500 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $9,517 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $31 | EsPenaltyAmt |
| Overpayment | $3,298 | OverpaymentAmt |
| Applied To ES Tax | $3,298 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | NJ | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE ORGANIZATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 9737650100 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 195 MORRISTOWN ROAD | AddressLine1Txt |
| City | BASKING RIDGE | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07920 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | 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 |
|---|---|---|---|---|---|---|---|---|
| KENNETH SILVERMAN | ||||||||
| 1-2 CHAPIN ROAD | BERNARDSVILLE | NJ | 07924 | TRUSTEE/SETTLOR | 0.00 | $0 | $0 | $0 |
| CLAUDIA SILVERMAN | ||||||||
| 1-2 CHAPIN RAOD | BERNARDSVILLE | NJ | 07924 | TRUSTEE/SETTLOR | 0.00 | $0 | $0 | $0 |
| BRITTANY SILVERMAN | ||||||||
| 195 MORRISTOWN ROAD | BASKING RIDGE | NJ | 07920 | TRUSTEE(FULL YEAR)/MANAGER | 30.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $8,116,285 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $2,238,763 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $10,355,048 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $10,355,048 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $155,326 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $10,199,722 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $509,986 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $509,986 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $6,188 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $6,188 | TotalTaxAmt |
| Distributable Before Adj | $503,798 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $503,798 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $503,798 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $676,093 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $676,093 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $6,188 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $669,905 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $503,798 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr3 | $243,868 | ExcessDistributionCyovYr3Amt |
| Total Excess Distribution Cyov | $243,868 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $676,093 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $503,798 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $172,295 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $416,163 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $416,163 | ExcessDistriCyovToNextYrAmt |
| Excess From Year3 | $243,868 | ExcessFromYear3Amt |
| Excess From Current Year | $172,295 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | KENNETH SILVERMAN | ContributingManagerNm |
| Contributing Manager | CLAUDIA SILVERMAN | ContributingManagerNm |
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | KENNETH SILVERMAN | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 825 | AddressLine1Txt |
| City | SHORT HILLS | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07078 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 9737650100 | RecipientPhoneNum |
| Form And Info And Materials | LETTER FROM THE APPLICANT INDICATING THE PURPOSE OF THE ORGANIZATION AND THE PROPOSED USE OF THE REQUESTED CONTRIBUTION. | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | NONE | SubmissionDeadlinesTxt |
| Restrictions On Awards | NONE | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (24 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| ALBERT EINSTEIN COLLEGE OF MEDICINE | |||||||
| 1300 MORRIS PARK AVENUE | BRONX | NY | 10461 | NONE | PC | GENERAL CHARITABLE | $1,000 |
| BERNARDSVILLE FIRE COMPANY | |||||||
| 118 MINE BROOK ROAD | BERNARDSVILLE | NJ | 07924 | NONE | PC | GENERAL CHARITABLE | $3,000 |
| BUCKNELL UNIVERSITY | |||||||
| 701 MOORE AVE | LEWISBURG | PA | 17837 | NONE | PC | GENERAL CHARITABLE | $25,000 |
| CHABAD HOUSE - LUBAVITCH INC | |||||||
| 226 SUSSEX AVENUE | MORRISTOWN | NJ | 07960 | NONE | PC | GENERAL CHARITABLE | $25,000 |
| COORDINATED FAMILY CARE | |||||||
| 30 SILVER LINE DRIVE | NORTH BRUNSWICK | NJ | 08902 | NONE | PC | GENERAL CHARITABLE | $1,000 |
| DANIEL ROMEO FOUNDATION | |||||||
| 23 POPLAR DR | STIRLING | NJ | 07980 | NONE | PC | GENERAL CHARITABLE | $5,000 |
| GILL ST BERNARD'S SCHOOL | |||||||
| SAINT BERNARDS ROAD | GLADSTONE | NJ | 07934 | NONE | PC | GENERAL CHARITABLE | $10,000 |
| ICAHN SCHOOL OF MEDICINE | |||||||
| 1 GUSTAVE L LEVP PL | NEW YORK | NY | 10029 | NONE | PC | GENERAL CHARITABLE | $175,000 |
| ISRAEL SPORTS EXCHANGE | |||||||
| 4201 CHURCH RD | MT LAUREL | NJ | 08054 | NONE | PC | GENERAL CHARITABLE | $13,000 |
| MARCH OF DIMES | |||||||
| 1275 MAMARONECK AVE | WHITE PLAINS | NY | 10605 | NONE | PC | GENERAL CHARITABLE | $5,000 |
| MAYO PERFORMING ARTS | |||||||
| 100 SOUTH STREET | MORRISTOWN | NJ | 07960 | NONE | PC | GENERAL CHARITABLE | $10,000 |
| MGFA (MYASTHENIA GRAVIS FOUNDATION OF AMERICA) | |||||||
| 355 LEXINGTON AVE 15TH FLOOR | NEW YORK | NY | 10017 | NONE | PC | GENERAL CHARITABLE | $3,000 |
| OPPORTUNITY PROJECT INC | |||||||
| 60 EAST WILLOW STREET | MILLBURN | NJ | 07041 | NONE | PC | GENERAL CHARITABLE | $5,000 |
| SAM MCGAHREN MEMORIAL FUND COMMUNITY FOUNDATION | |||||||
| 3833 CLEGHORN AVE STE 400 | NASHVILLE | TN | 37215 | NONE | PC | GENERAL CHARITABLE | $2,000 |
| ST JUDE CHILDREN'S HOSPITAL | |||||||
| 262 DANNY THOMAS PLACE | MEMPHIS | TN | 38105 | NONE | PC | GENERAL CHARITABLE | $1,000 |
| SUMMIT MEDICAL GROUP FOUNDATION | |||||||
| 1 DIAMOND HILL ROAD | BERKELEY HEIGHTS | NJ | 07922 | NONE | PC | GENERAL CHARITABLE | $13,760 |
| YAMBA MALAWI | |||||||
| 244 FIFTH AVENUE | NEW YORK | NY | 10001 | NONE | PC | GENERAL CHARITABLE | $25,000 |
| BASKING RIDGE FIRE COMPANY | |||||||
| 30 WASHINGTON AVE | BASKING RIDGE | NJ | 07920 | NONE | PC | GENERAL CHARITABLE | $1,000 |
| DAYTOP NEW JERSEY | |||||||
| 362 SUNSET ROAD | SKILLMAN | NJ | 08558 | NONE | PC | GENERAL CHARITABLE | $2,000 |
| MINETTE'S ANGELS FOUNDATION | |||||||
| PO BOX 94 | VERONA | NJ | 07044 | NONE | PC | GENERAL CHARITABLE | $500 |
| MORRISTOWN MEDICAL CENTER | |||||||
| 475 SOUTH STREET | MORRISTOWN | NJ | 07960 | NONE | PC | GENERAL CHARITABLE | $333,333 |
| NEWARK BETH ISRAEL MEDICAL CENTER FOUNDATOIN | |||||||
| 201 LYONS AVE | NEWARK | NJ | 07112 | NONE | PC | GENERAL CHARITABLE | $15,000 |
| POLICE UNITY TOUR | |||||||
| PO BOX 528 | FLORHAM PARK | NJ | 07932 | NONE | PC | GENERAL CHARITABLE | $1,000 |
| WOMANS ASSOCIATION OF NJAP | |||||||
| 1 CENTER STREET | NEWARK | NJ | 07102 | NONE | PC | GENERAL CHARITABLE | $500 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $676,093 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $271,723 | ExclusionAmt |
Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $135,096 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $233,797 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $640,616 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $640,616 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING | CategoryTxt |
| Amt | $7,500 | Amt |
| Net Investment Income | $7,500 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (2 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| JP MORGAN - 300-36000 EQ | $4,125,585 | $4,289,419 |
| MORGAN STANLEY | $275,000 | $307,625 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (3 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| JPMORGAN 1007 | $293,644 | $396,859 |
| JP MORGAN 8009 | $429,667 | $658,502 |
| JP MORGAN 1003 | $219,015 | $286,284 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (3 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| YORK | AT COST | $957,866 | $939,934 |
| GLENVIEW CAPITAL | AT COST | $1,205,071 | $967,887 |
| MEZZANINE PARTNERS | AT COST | $7,285 | $6,146 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | INVESTMENT FEES | Desc |
| Revenue And Expenses Per Books | $13,913 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $13,913 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| YORK | $48,537 | $48,537 | $48,537 |
| MACKAY | $86,559 | $86,559 | $86,559 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | GOLDMAN SACHS PUTS | Desc |
| BOY Book Value | $29,794 | BOYBookValueAmt |
| EOY Book Value | $2,378 | EOYBookValueAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| TAX | $7,500 | $0 | $0 |
| FOREIGN TAX | $360 | $360 | $0 |
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