FUHRMAN FAMILY FOUNDATION: Form 990PF, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- FUHRMAN FAMILY FOUNDATION (EIN 46-1579112)
- Tax period
- 2019-01-01 to 2019-12-31
- Filed
- 2020-11-15
- IRS object ID
- 202043209349100169
- 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
- Expenditure Responsibility Stmt
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Legal Fees Schedule
- Other Assets Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2020-11-15T10:06:19-06:00 | ReturnTs |
| Tax Period End | 2019-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 420714325 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RSM US LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4 TIMES SQUARE | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10036 | 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 | 461579112 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FUHRMAN FAMILY FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | FUHR | BusinessNameControlTxt |
| Phone | 2125186682 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | CO GLENN FUHRMAN 640 PARK AVE 11FL | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10065 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | GLENN FUHRMAN | PersonNm |
| Person Title | PRESIDENT/ TREASURER | PersonTitleTxt |
| Phone | 2125186682 | PhoneNum |
| Signature | 2020-11-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | LYNNE JOHNSON | PreparerPersonNm |
| PTIN | P00757336 | PTIN |
| Phone | 2123721000 | PhoneNum |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 66.98.98.10 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2020-11-15 | IPDt |
| IP Tm | 08:51:04 | IPTm |
| IP Timezone | ES | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 3BE78EE3CD9C04C31E2E3DD4590FA9F8F4A6D636 | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2019 | TaxYr |
| Build TS | 2021-04-22 16:20:28Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Change | Yes (X) | AddressChangeInd |
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $18,141,092 | 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 | $150,571 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $150,571 | InterestOnSavNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $392,545 | NetGainSaleAstRevAndExpnssAmt |
| Cap Gain Net Incm Net Invst Incm | $392,545 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $333,240 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $220,882 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $876,356 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $763,998 | 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 |
| Legal Fees Rev And Expnss | $751 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $751 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $8,400 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $4,200 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $4,200 | AccountingFeesChrtblPrpsAmt |
| Taxes Rev And Expnss | $15,000 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $0 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $58,764 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $0 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $58,764 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $82,915 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $4,200 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $63,715 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $3,850,499 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $3,750,499 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $3,933,414 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $4,200 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $3,814,214 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$3,057,058 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $759,798 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $87,357 | CashBOYAmt |
| Cash EOY | $1,194,231 | CashEOYAmt |
| Cash EOYFMV | $1,194,231 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $6,649,410 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $2,617,120 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $2,617,120 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $124,113 | CorporateStockBOYAmt |
| Corporate Stock EOY | $124,113 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $55,395 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $7,149,415 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $9,183,666 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $14,273,683 | OtherInvestmentsEOYFMVAmt |
| Other Assets BOY | $2,166,605 | OtherAssetsBOYAmt |
| Other Assets EOY | $663 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $663 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $16,176,900 | TotalAssetsBOYAmt |
| Total Assets EOY | $13,119,793 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $18,141,092 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | 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 | $16,176,900 | RetainedEarningBOYAmt |
| Retained Earning EOY | $13,119,793 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $16,176,900 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $13,119,793 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $16,176,900 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $13,119,793 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $16,176,900 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$3,057,058 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $13,119,842 | SubtotalAmt |
| Other Decreases | $49 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $13,119,793 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (6 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|
| JNE FUND LP (STCL) | D | 2019-12-31 | 2019-12-31 | -$254 | -$254 |
| JNE FUND LP (LTCG) | D | 2019-12-31 | 2019-12-31 | $2,638 | $2,638 |
| CORAL ROCK INVESTMENTS LP (LTCG) | D | 2019-12-31 | 2019-12-31 | $390,333 | $390,333 |
| CORAL ROCK INVESTMENTS LP (STCL) | D | 2019-12-31 | 2019-12-31 | -$21,149 | -$21,149 |
| MSD PRIVATE CREDIT OPPORTUNITY FUND LP (STCG) | P | 2019-12-31 | 2019-12-31 | $2,799 | $2,799 |
| MSD PRIVATE CREDIT OPPORTUNITY FUND LP (LTCG) | P | 2019-12-31 | 2019-12-31 | $18,178 | $18,178 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $392,545 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | 0 | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $3,266,209 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $19,417,610 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.168209 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $1,710,807 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $13,838,045 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.123631 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $1,880,837 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $17,651,053 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.106557 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $1,379,696 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $20,267,500 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.068074 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $985,365 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $16,620,247 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.059287 | DistributionYr5Rt |
| Total Distribution | 0.525758 | TotalDistributionRt |
| Average Distribution | 0.105152 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $19,967,116 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $2,099,582 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $7,598 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $2,107,180 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $3,814,214 | 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 | $7,598 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $7,598 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $7,598 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $40,437 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $40,437 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $32,839 | OverpaymentAmt |
| Applied To ES Tax | $32,839 | 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 | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | NY | OrgReportOrRegisterStateCd |
| Org Report Or Register State | DE | 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 |
| Individual With Books | GLENN FUHRMAN | IndividualWithBooksNm |
| Phone | 2125186682 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | C/O GLENN FUHRMAN 640 PARK AVE 11TH | AddressLine1Txt |
| Address Line2 | FL | AddressLine2Txt |
| City | NY | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10065 | 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 | Yes (1) | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Transactions Fail To Qlfy As Exc | 0 | TransactionsFailToQlfyAsExcInd |
| Maintained Expenditure Rspns | Yes (1) | MaintainedExpenditureRspnsInd |
| 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 (4 entries)
| Address Line1USAddress/AddressLine1Txt | Address Line2USAddress/AddressLine2Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|---|
| GLENN R FUHRMAN | |||||||||
| C/O GLENN FUHRMAN 640 PARK AVE 11TH | FL | NEW YORK | NY | 10065 | PRESIDENT/TREASURER | 1.00 | $0 | $0 | $0 |
| AMANDA FUHRHMAN | |||||||||
| C/O GLENN FUHRMAN 640 PARK AVE 11TH | FL | NEW YORK | NY | 10065 | VICE PRESIDENT/SECRETARY | 1.00 | $0 | $0 | $0 |
| JOHN C PHELAN | |||||||||
| C/O MSD CAPITAL 645 5TH AVE 21ST FL | NEW YORK | NY | 10022 | ASST. SECRETARY/TREASURER | 1.00 | $0 | $0 | $0 | |
| MARC LISKER | |||||||||
| C/O MSD CAPITAL 645 5TH AVE 21ST FL | NEW YORK | NY | 10022 | ASST. SECRETARY/TREASURER | 1.00 | $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 | $53,264 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $7,164,911 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $13,053,009 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $20,271,184 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $20,271,184 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $304,068 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $19,967,116 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $998,356 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $998,356 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $7,598 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $7,598 | TotalTaxAmt |
| Distributable Before Adj | $990,758 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $990,758 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $990,758 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $3,814,214 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $3,814,214 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $7,598 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $3,806,616 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $990,758 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr4 | $262,267 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $1,006,186 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $1,038,679 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $2,417,352 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $4,724,484 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $3,814,214 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $990,758 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $2,823,456 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $7,547,940 | 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 | $7,547,940 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $262,267 | ExcessFromYear4Amt |
| Excess From Year3 | $1,006,186 | ExcessFromYear3Amt |
| Excess From Year2 | $1,038,679 | ExcessFromYear2Amt |
| Excess From Year1 | $2,417,352 | ExcessFromYear1Amt |
| Excess From Current Year | $2,823,456 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | GLENN R FUHRMAN | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (30 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line2RecipientUSAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|---|---|
| AMERICAS FOUNDATION OF THE SERPENTINE GALLERIES | ||||||||
| PO BOX 1510 | NEW YORK | NY | 10150 | NONE | PC | FOR DONEE'S EXEMPT PURPOSE | $10,000 | |
| ASPEN ART MUSEUM | ||||||||
| 637 E HYMAN AVE | ASPEN | CO | 81611 | NONE | PC | FOR DONEE'S EXEMPT PURPOSE | $10,000 | |
| BARD COLLEGE | ||||||||
| CAYMUS ROAD PO BOX 5000 | ANNANDALE ON THE HUDSO | NY | 125045000 | NONE | PC | FOR DONEE'S EXEMPT PURPOSE | $100,000 | |
| BLESSINGS UNDER THE BRIDGE | ||||||||
| 10212 E 9TH AVE BLDG 600 | SPOKANE VALLEY | WA | 99206 | NONE | PC | FOR DONEE'S EXEMPT PURPOSE | $10,000 | |
| BROOKLYN MUSEUM | ||||||||
| BROOKLYN MUSEUM 200 EASTERN PARKWAY | BROOKLYN | NY | 11238 | NONE | PC | FOR DONEE'S EXEMPT PURPOSE | $100,000 | |
| CENTRAL PARK CONSERVANCY | ||||||||
| 14 E 60TH STREET | NEW YORK | NY | 10022 | NONE | PC | FOR DONEE'S EXEMPT PURPOSE | $25,000 | |
| CENTRAL SYNAGOGUE | ||||||||
| 123 EAST 55TH STREET | NEW YORK | NY | 10022 | NONE | PC | FOR DONEE'S EXEMPT PURPOSE | $36,000 | |
| DIA ART FOUNDATION | ||||||||
| 535 W 22ND ST FLOOR | NEW YORK | NY | 10011 | NONE | PC | FOR DONEE'S EXEMPT PURPOSE | $12,000 | |
| EDIBLE SCHOOLYARD NYC | ||||||||
| 20 JAY STREET SUITE M9 | BROOKLYN | NY | 11201 | NONE | PC | FOR DONEE'S EXEMPT PURPOSE | $100,000 | |
| FEDERAL ENFORCEMENT HOMELAND SECURITY FOUNDATION | ||||||||
| 110 E 59TH ST FL 22 | NEW YORK | NY | 10022 | NONE | PC | FOR DONEE'S EXEMPT PURPOSE | $10,000 | |
| FJC | ||||||||
| 520 EIGHTH AVENUE 20TH FLOOR | NEW YORK | NY | 10018 | NONE | PC | FOR DONEE'S EXEMPT PURPOSE | $18,000 | |
| HARLEM CHILDREN'S ZONE | ||||||||
| 35 E 125TH STREET | NEW YORK | NY | 10035 | NONE | PC | FOR DONEE'S EXEMPT PURPOSE | $150,000 | |
| ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI | ||||||||
| OFFICE OF DEVELOPMENT ONE GUSTAVE L | NEW YORK | NY | 10029 | NONE | PC | FOR DONEE'S EXEMPT PURPOSE | $2,500 | LEVY PLACE BOX 1049 |
| INSTITUTE OF CONTEMPORARY ART | ||||||||
| 25 HARBOR SHORE DRIVE | BOSTON | MA | 02210 | NONE | PC | FOR DONEE'S EXEMPT PURPOSE | $20,000 | |
| INTERNATIONAL COMMUNITY HIGH SCHOOL | ||||||||
| 345 BROOKE AVE | BRONX | NY | 10454 | NONE | GOV | FOR DONEE'S EXEMPT PURPOSE | $9,999 | |
| MUSEUM OF MODERN ART | ||||||||
| 11 WEST 53RD STREET | NEW YORK | NY | 10019 | NONE | PC | FOR DONEE'S EXEMPT PURPOSE | $1,395,000 | |
| NATIONAL MUSEUM OF AMERICAN JEWISH HISTORY | ||||||||
| 101 SOUTH INDEPENDENCE MALL EAST | PHILADELPHIA | PA | 19106 | NONE | PC | FOR DONEE'S EXEMPT PURPOSE | $25,000 | |
| NEW YORK PRESBYTERIAN FUND INC | ||||||||
| 654 WEST 170TH STREET | NEW YORK | NY | 10032 | NONE | PC | FOR DONEE'S EXEMPT PURPOSE | $1,000,000 | |
| NEW YORK ROAD RUNNERS GRIDIRON EVENT | ||||||||
| 156 WEST 56TH STREET 3RD FLOOR | NEW YORK | NY | 10019 | NONE | PC | FOR DONEE'S EXEMPT PURPOSE | $100,000 | |
| PROSTATE CANCER FOUNDATION | ||||||||
| 1250 FOURTH STREET | SANTA MONICA | CA | 90401 | NONE | PC | FOR DONEE'S EXEMPT PURPOSE | $25,000 | |
| PS1 CONTEMPORARY ART CENTER INC | ||||||||
| 22-25 JACKSON AVE AT 46 AVE | LONG ISLAND CITY | NY | 11101 | NONE | PC | FOR DONEE'S EXEMPT PURPOSE | $25,000 | |
| PUBLIC ART FUND INC | ||||||||
| 1 EAST 53RD STREET | NEW YORK | NY | 10022 | NONE | PC | FOR DONEE'S EXEMPT PURPOSE | $50,000 | |
| SOUTHAMPTON ARTS CENTER | ||||||||
| 25 JOBS LANE | SOUTHAMPTON | NY | 11968 | NONE | PC | FOR DONEE'S EXEMPT PURPOSE | $1,000 | |
| SPENCE SCHOOL | ||||||||
| 22 E 91ST STREET | NEW YORK | NY | 10128 | NONE | PC | FOR DONEE'S EXEMPT PURPOSE | $30,000 | |
| TATE AMERICAS FOUNDATION | ||||||||
| 520 WEST 27TH STREET UNIT 404 | NEW YORK | NY | 10001 | NONE | PC | FOR DONEE'S EXEMPT PURPOSE | $75,000 | |
| THE FLAG FOUNDATION FOR EXCELLENCE IN EDUCATION | ||||||||
| C/O 640 PARK AVENUE 11 FL | NEW YORK | NY | 10065 | NONE | POF | THE FLAG AWARD FOR TEACHING EXCELLENCE PROGRAM | $100,000 | |
| THE LEFFELL SCHOOL | ||||||||
| 555 WEST HARTSDALE AVENUE | HARTSDALE | NY | 10530 | NONE | PC | FOR DONEE'S EXEMPT PURPOSE | $1,000 | |
| UNITED JEWISH APPEAL FEDERATION OF JEWISH PHILANTHROPIES OF NY INC | ||||||||
| 130 E 59TH ST | NEW YORK | NY | 10022 | NONE | PC | FOR DONEE'S EXEMPT PURPOSE | $150,000 | |
| UNIVERSITY OF PENNSYLVANIA | ||||||||
| 3451 WALNUT STREET SUITE 305 | PHILADELPHIA | PA | 19104 | NONE | PC | FOR DONEE'S EXEMPT PURPOSE | $250,000 | |
| WHITNEY MUSEUM OF AMERICAN ART | ||||||||
| 99 GANSEVOORT ST | NEW YORK | NY | 10014 | NONE | PC | FOR DONEE'S EXEMPT PURPOSE | $10,000 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $3,850,499 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $150,571 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $392,545 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp (11 entries)
| DescDesc | ExclusionExclusionCd | ExclusionExclusionAmt | BusinessBusinessCd | Unrelated Business Taxbl IncmUnrelatedBusinessTaxblIncmAmt |
|---|---|---|---|---|
| CORAL ROCK INVESTMENTS LP | 14 | $20,585 | ||
| MSD AQUA PARTNERS LP | 14 | -$1,455 | ||
| JNE FUND LP | 14 | $241 | ||
| MSD MULTI-STRATEGY LP | 14 | $4,152 | ||
| MSD PRIVATE CREDIT OPPORTUNITY FUND LP | 14 | $218,827 | ||
| MSD RING PARTNERS LP | 14 | -$9,482 | ||
| MSD REAL ESTATE CREDIT OPPORTUNITY FUND, LP | 14 | -$16 | ||
| MSD WCG PARTNERS LP | 14 | -$12,112 | ||
| UBTI INCOME FROM LIMITED PARTNERSHIPS | 525990 | $112,358 | ||
| LITIGATION SETTLEMENT | 01 | $24 | ||
| OTHER INCOME | 01 | $118 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $112,358 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $763,998 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $876,356 | 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 FEES | CategoryTxt |
| Amt | $8,400 | Amt |
| Net Investment Income | $4,200 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $4,200 | DisbursementsCharitablePrpsAmt |
Expenditure Responsibility Stmt ExpenditureResponsibilityStmt
Expenditure Responsibility ExpenditureResponsibilityGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE FLAG FOUNDATION FOR EXCELLENCE IN EDUCATION | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | C/O 640 PARK AVENUE 11 FL | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10065 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant | 2019-12-03 | GrantDt |
| Grant | $100,000 | GrantAmt |
| Purpose Of Grant | THE FLAG AWARD FOR TEACHING EXCELLENCE PROGRAM. | PurposeOfGrantTxt |
| Expended By Grantee | $99,115 | ExpendedByGranteeAmt |
| Any Diversion By Grantee | NO PART OF THE GRANT WAS USED FOR OTHER THAN CHARITABLE PURPOSES. | AnyDiversionByGranteeTxt |
| Dates Of Reports By Grantee | FINANCIAL & PROGRESS REPORTS RECEIVED 07/01/20. | DatesOfReportsByGranteeTxt |
| Verification | 2020-06-18 | VerificationDt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (2 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| 1,303 SHS AQUABOUNTY TECHNOLOGIES INC. | $16,418 | $2,828 |
| 11,137 SHS ZIOPHARM ONCOLOGY INC. | $107,695 | $52,567 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (8 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| CORAL ROCK INVESTMENTS LP | FMV | $1,175,101 | $1,051,121 |
| JNE FUND LP | FMV | $240,346 | $267,593 |
| MSD AQUA PARTNERS LP | FMV | $2,027,273 | $2,229,856 |
| MSD MULTI-STRATEGY LP | FMV | $94,565 | $159,488 |
| MSD PRIVATE CREDIT OPPORTUNITY FUND LP | FMV | $3,278,755 | $3,336,087 |
| MSD REAL ESTATE CREDIT OPPORTUNITY FUND, LP | FMV | $14,968 | $14,968 |
| MSD RING PARTNERS LP | FMV | $723,680 | $3,222,030 |
| MSD WCG PARTNERS LP | FMV | $1,628,978 | $3,992,540 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | CategoryTxt |
| Legal Fees | $751 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $751 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | DUE FROM PARTNERSHIPS | Desc |
| BOY Book Value | $2,166,605 | BOYBookValueAmt |
| EOY Book Value | $663 | EOYBookValueAmt |
| EOYFMV | $663 | EOYFMVAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PRIOR PERIOD ADJUSTMENT | Desc |
| Amt | $49 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (5 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| CT CORP FILING FEE | $93 | $0 | $93 |
| DE E-CORP TAX | $25 | $0 | $25 |
| GRANT MAKING SERVICES | $54,000 | $0 | $54,000 |
| NYS DEPT OF LAW | $750 | $0 | $750 |
| OTHER EXPENSES | $3,896 | $0 | $3,896 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (11 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| CORAL ROCK INVESTMENTS LP | $20,585 | $20,585 | $20,585 |
| MSD AQUA PARTNERS LP | -$1,455 | -$1,455 | -$1,455 |
| JNE FUND LP | $241 | $241 | $241 |
| MSD MULTI-STRATEGY LP | $4,152 | $4,152 | $4,152 |
| MSD PRIVATE CREDIT OPPORTUNITY FUND LP | $218,827 | $218,827 | $218,827 |
| MSD RING PARTNERS LP | -$9,482 | -$9,482 | -$9,482 |
| MSD REAL ESTATE CREDIT OPPORTUNITY FUND, LP | -$16 | -$16 | -$16 |
| MSD WCG PARTNERS LP | -$12,112 | -$12,112 | -$12,112 |
| UBTI INCOME FROM LIMITED PARTNERSHIPS | $112,358 | $112,358 | |
| LITIGATION SETTLEMENT | $24 | $24 | $24 |
| OTHER INCOME | $118 | $118 | $118 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | FEDERAL EXCISE TAX | CategoryTxt |
| Amt | $15,000 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |