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HOWARD E SACHS FOUNDATION INC: Form 990PF, tax year 2019

View the entire original 990 at ProPublica ↗

Organization
HOWARD E SACHS FOUNDATION INC (EIN 58-1704466)
Tax period
2019-01-01 to 2019-12-31
Filed
2020-11-16
IRS object ID
202033219349101503
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 ReturnHeader

FieldValueIRS element (for citing)
Return2020-11-16T08:12:32-06:00ReturnTs
Tax Period End2019-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1HARSHMAN & COMPANY LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11870 BUFORD HIGHWAY SUITE 100AddressLine1Txt
CityDULUTHCityNm
State AbbreviationGAStateAbbreviationCd
ZIP30097ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2019-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN581704466EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Howard E Sachs Foundation IncBusinessNameLine1Txt
FieldValueIRS element (for citing)
In Care Of% HOWARD E SACHSInCareOfNm
Business Name ControlHOWABusinessNameControlTxt
Phone4042520092PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line15915 Riverwood DriveAddressLine1Txt
CityAtlantaCityNm
State AbbreviationGAStateAbbreviationCd
ZIP303283743ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonHOWARD E SACHSPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone4042520092PhoneNum
Signature2020-11-15SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonWILLIAM C HARSHMANPreparerPersonNm
PTINP00107156PTIN
Phone7708041450PhoneNum

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address128.92.170.130IPv4AddressTxt
FieldValueIRS element (for citing)
Federal Original Submission Id67217620203215000002FederalOriginalSubmissionId
Federal Original Submission Id2020-11-16FederalOriginalSubmissionIdDt
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device IdF970229B209A039C0A2745E15F572871183D6FCDAtSubmissionCreationDeviceId
At Submission Filing Device IdF970229B209A039C0A2745E15F572871183D6FCDAtSubmissionFilingDeviceId
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$25,362FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$0ContriRcvdRevAndExpnssAmt
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss$1InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$1InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$590DividendsRevAndExpnssAmt
Dividends Net Invst Incm$590DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$7,086NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$11,377GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$7,086CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$7,677TotalRevAndExpnssAmt
Total Net Invst Incm$7,677TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$0CompOfcrDirTrstRevAndExpnssAmt
Taxes Rev And Expnss$32TaxesRevAndExpnssAmt
Taxes Net Invst Incm$32TaxesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss$32TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$32TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$926ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$926ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$958TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$32TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$926TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$6,719ExcessRevenueOverExpensesAmt
Net Investment Income$7,645NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$1,047CashBOYAmt
Cash EOY$1,043CashEOYAmt
Cash EOYFMV$1,043CashEOYFMVAmt
Sav And Temp Cash Invst BOY$76SavAndTempCashInvstBOYAmt
Corporate Stock BOY$9,624CorporateStockBOYAmt
Corporate Stock EOY$5,333CorporateStockEOYAmt
Corporate Stock EOYFMV$24,319CorporateStockEOYFMVAmt
Total Assets BOY$10,747TotalAssetsBOYAmt
Total Assets EOY$6,376TotalAssetsEOYAmt
Total Assets EOYFMV$25,362TotalAssetsEOYFMVAmt
Total Liabilities BOY$0TotalLiabilitiesBOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Tot Net Ast Or Fund Balances BOY$10,747TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$6,376TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$10,747TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$6,376TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$10,747TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$6,719ExcessRevenueOverExpensesAmt
Subtotal$17,466SubtotalAmt
Other Decreases$11,090OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY$6,376TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp

FieldValueIRS element (for citing)
PropertyINTEL CORP 200 SHARESPropertyDesc
Acquired2013-01-18AcquiredDt
Sold2019-12-12SoldDt
Gross Sales Price$11,377GrossSalesPriceAmt
Cost Or Other Basis$4,291CostOrOtherBasisAmt
Gain Or Loss$7,086GainOrLossAmt
Gains Minus Excess Or Losses$7,086GainsMinusExcessOrLossesAmt
FieldValueIRS element (for citing)
Capital Gain Net Income$7,086CapitalGainNetIncomeAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$6,215AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$27,033NetVlNoncharitableAssetsYr1Amt
Distribution Yr10.229904DistributionYr1Rt
Adjusted Qlfy Distri Yr2$6,430AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$24,243NetVlNoncharitableAssetsYr2Amt
Distribution Yr20.265231DistributionYr2Rt
Total Distribution0.495135TotalDistributionRt
Average Distribution0.247568AverageDistributionRt
Net Vl Noncharitable Assets$32,148NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$7,959AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct$76NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$8,035AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$926QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$153InvestmentIncomeExciseTaxAmt
Subtotal$153SubtotalAmt
Tax Based On Investment Income$153TaxBasedOnInvestmentIncomeAmt
Total Payments And Credits$0TotalPaymentsAndCreditsAmt
Tax Due$153TaxDueAmt

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 StateGAOrgReportOrRegisterStateCd
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 AddressNONEWebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1HOWARD E SACHSBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone4042520092PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line15915 RIVERWOOD DRIVEAddressLine1Txt
CityATLANTACityNm
State AbbreviationGAStateAbbreviationCd
ZIP303283743ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Undistributed Income PYfalseUndistributedIncomePYInd
Undistr Incm Sect4942a2 Not AppfalseUndistrIncmSect4942a2NotAppInd
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
Proceeds Or Net IncomefalseProceedsOrNetIncomeInd

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 PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
HOWARD E SACHS
5915 Riverwood DriveAtlantaGA303283743PRESIDENT1.0$0$0$0
KATHLEEN SACHS
5915 Riverwood DriveAtlantaGA303283743SECRETARY/TREASURER1.0$0$0$0
FieldValueIRS element (for citing)
Summary Of Direct Chrtbl ActySummaryOfDirectChrtblActyGrp
Sum Of Program Related InvstSumOfProgramRelatedInvstGrp

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$30,628AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$2,010AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$32,638TotalFMVOfUnusedAssetsAmt
Acquisition Indebtedness$0AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast$32,638AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$490CashDeemedCharitableAmt
Net Vl Noncharitable Assets$32,148NetVlNoncharitableAssetsAmt
Minimum Investment Return$1,607MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$1,607MinimumInvestmentReturnAmt
Tax Based On Investment Income$153TaxBasedOnInvestmentIncomeAmt
Total Tax$153TotalTaxAmt
Distributable Before Adj$1,454DistributableBeforeAdjAmt
Distributable Before Ded$1,454DistributableBeforeDedAmt
Distributable As Adjusted$1,454DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$926ExpensesAndContributionsAmt
Program Related Invst Total$0ProgramRelatedInvstTotalAmt
Charitable Assets Acquis Paid$0CharitableAssetsAcquisPaidAmt
Set Aside Suitability Test$0SetAsideSuitabilityTestAmt
Set Aside Cash Distri Test$0SetAsideCashDistriTestAmt
Qualifying Distributions$926QualifyingDistributionsAmt
Adjusted Qualifying Distri$926AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$1,454DistributableAsAdjustedAmt
Prior Year12017PriorYear1Yr
Prior Year22016PriorYear2Yr
Prior Year32015PriorYear3Yr
Qualifying Distributions$926QualifyingDistributionsAmt
Applied To Current Year$926AppliedToCurrentYearAmt
Remaining Distri From Corpus$0RemainingDistriFromCorpusAmt
Total Corpus$0TotalCorpusAmt
Undistributed Income CY$528UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$0ExcessDistriCyovToNextYrAmt
Excess From Current Year$0ExcessFromCurrentYearAmt
FieldValueIRS element (for citing)
Private Operating FoundationsPrivateOperatingFoundationsGrp

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerHOWARD E SACHSContributingManagerNm
Shareholder ManagerNONEShareholderManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (7 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
NATIONAL CENTER FOR SCIENCE EDUCATION (NCSE)
1904 FRANKLIN STREET SUITE 600OAKLANDCA94612NONEPCPROMOTING ACCURATE AND EFFECTIVE SCIENCE EDUCATION.$180
ALZHEEIMER'S ASSOCIATION
41 PERIMETER CENTER E 550ATLANTAGA30346NONEPCHELP FIGHT ALZHEIMER'S$180
ST JUDE'S HOSPITAL
5901 PEACHTREE DUNWOODY ROADATLANTAGA30328NONECHILDREN'S CANCER CARE AND RESEARCH$180
CREATING CONNECTED COMMUNITIES (CCC)
P O BOX 500247ATLANTAGA31150NONEPCTO HELP BRING LIFE-ENHANCING PROGRAMS TO CHILDREN IN NEED BY EMPOWERING TEENS TO BECOME ENGAGED COMMUNITY LEADERS AND VOLUNTEERS$50
WEINSTEIN HOSPICE
3150 HOWELL MILL ROAD NWATLANTAGA30327NONEPCPROVIDING COMFORT AND HOSPICE CARE AT HOME TO PEOPLE WITH LIFE-LIMITING AND END-OF-LIFE ILLNESSES.$250
PENNSYLVANIA STATE UNIVERSITY
201 OLD MAINUNIVERSITY PARKPA16802NONEEDUCATION$36
ATLANTA HUMANE SOCIETY
961 HOWELL MILL ROAD NWATLANTAGA30318NONEPCSUPPORT ANIMALS$50
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$926TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

FieldValueIRS element (for citing)
Fees Contracts From Govt AgFeesContractsFromGovtAgGrp
Membership Dues And AssmntMembershipDuesAndAssmntGrp
Int On Sav And Temp Cash InvstIntOnSavAndTempCashInvstGrp

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$591ExclusionAmt
FieldValueIRS element (for citing)
Net Rntl Incm Re Debt Fincd PropNetRntlIncmReDebtFincdPropGrp
Net Rntl Incm Re Not Debt Fincd PropNetRntlIncmReNotDebtFincdProp
Net Rental Income Personal PropNetRentalIncomePersonalPropGrp
Other Investment Incm Part VIIOtherInvestmentIncmPartVIIGrp

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion$7,086ExclusionAmt
FieldValueIRS element (for citing)
Net Income Loss From Special EvtNetIncomeLossFromSpecialEvtGrp
Gross Profit Loss Sls Of InvntryGrossProfitLossSlsOfInvntryGrp

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$7,677ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$7,677TotalIncomeProducingActyAmt

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

Depreciation Schedule DepreciationSchedule

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (2 entries)

StockStockNmEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
TECH SECTOR INDEX (XLK)$3,187$18,334
INTEL INC$2,146$5,985

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail

FieldValueIRS element (for citing)
DescDECREASE IN FMV OF ASSETSDesc
Amt$11,090Amt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryU S TREASURYCategoryTxt
Amt$32Amt
Net Investment Income$32NetInvestmentIncomeAmt

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