PATTERSON FAMILY FOUNDATION: Form 990PF, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- PATTERSON FAMILY FOUNDATION (EIN 35-6975288)
- Tax period
- 2019-01-01 to 2019-12-31
- Filed
- 2020-11-15
- IRS object ID
- 202043209349100569
- Schema version
- 2019v5.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Schedule B
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Other Decreases Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2020-11-15T19:27:18-06:00 | ReturnTs |
| Tax Period End | 2019-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 134125221 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PEYSER & ALEXANDER MGMT INC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 500 5TH AVE 43RD FLOOR | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 101104400 | 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 | 356975288 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE PATTERSON FAMILY FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | PATT | BusinessNameControlTxt |
| Phone | 2127646455 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | C/O 500 FIFTH AVE 43 FLOOR | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10110 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JAMES B PATTERSON | PersonNm |
| Person Title | MANAGER | PersonTitleTxt |
| Phone | 2127646455 | PhoneNum |
| Signature | 2020-11-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | MARK WEISS | PreparerPersonNm |
| PTIN | P00642536 | PTIN |
| Phone | 2127646455 | PhoneNum |
| Preparation | 2020-11-15 | PreparationDt |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 38.88.194.2 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2020-11-15 | IPDt |
| IP Tm | 19:27:18 | IPTm |
| IP Timezone | CS | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | F88AC1B9A6791B6337514B1E8B0F962441256418 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 833F1C719016108ED22A2084B72F845119EA5E0D | 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 | $27,255,440 | 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 | $9,074,392 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $7,436 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $7,436 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $642,002 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $642,002 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $2,106,933 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $8,006,566 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $2,106,933 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $11,830,763 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $2,756,371 | TotalNetInvstIncmAmt |
| Other Prof Fees Rev And Expnss | $67,232 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $67,232 | OtherProfFeesNetInvstIncmAmt |
| Taxes Rev And Expnss | $41,202 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $202 | TaxesNetInvstIncmAmt |
| Trav Conf Meeting Rev And Expnss | $90 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Adj Net Incm | $90 | TravConfMeetingAdjNetIncmAmt |
| Tot Opr Expenses Rev And Expnss | $108,524 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $67,434 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $90 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $9,088,782 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $9,088,782 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $9,197,306 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $67,434 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $90 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $9,088,782 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $2,633,457 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $2,688,937 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $3,249,517 | CashBOYAmt |
| Cash EOY | $560,778 | CashEOYAmt |
| Cash EOYFMV | $560,778 | CashEOYFMVAmt |
| US Government Obligations BOY | $499,146 | USGovernmentObligationsBOYAmt |
| Corporate Stock BOY | $11,539,131 | CorporateStockBOYAmt |
| Corporate Stock EOY | $15,495,591 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $18,859,844 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $8,592,096 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $7,834,818 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $7,834,818 | CorporateBondsEOYFMVAmt |
| Total Assets BOY | $23,879,890 | TotalAssetsBOYAmt |
| Total Assets EOY | $23,891,187 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $27,255,440 | TotalAssetsEOYFMVAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $23,879,890 | RetainedEarningBOYAmt |
| Retained Earning EOY | $23,891,187 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $23,879,890 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $23,891,187 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $23,879,890 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $23,891,187 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $23,879,890 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $2,633,457 | ExcessRevenueOverExpensesAmt |
| Subtotal | $26,513,347 | SubtotalAmt |
| Other Decreases | $2,622,160 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $23,891,187 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| THROUGH JPM-SEE ATTACHED | P | 2019-02-01 | 2019-12-31 | $1,228,932 | $1,152,754 | $76,178 | $76,178 |
| THROUGH JPM-SEE ATTACHED | P | 2018-01-01 | 2019-12-31 | $6,777,634 | $4,746,879 | $2,030,755 | $2,030,755 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $2,106,933 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | $76,178 | NetShortTermCapitalGainLossAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $5,743,375 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $26,317,292 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.218236 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $12,573,912 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $27,436,840 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.458286 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $14,131,484 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $23,488,064 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.601645 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $12,341,723 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $18,572,095 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.664530 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $2,942,546 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $11,336,273 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.259569 | DistributionYr5Rt |
| Total Distribution | 2.202266 | TotalDistributionRt |
| Average Distribution | 0.440453 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $24,133,424 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $10,629,639 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $26,889 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $10,656,528 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $9,088,782 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $53,779 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $53,779 | SubtotalAmt |
| Tax Based On Investment Income | $53,779 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $147,753 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $147,753 | TotalPaymentsAndCreditsAmt |
| Overpayment | $93,974 | OverpaymentAmt |
| Applied To ES Tax | $93,974 | AppliedToESTaxAmt |
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 | FL | 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 | N/A | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PEYSER AND ALEXANDER MANAGEMENT INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2127646455 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 500 FIFTH AVE 4300 | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10110 | 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 | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| 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 (2 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 |
|---|---|---|---|---|---|---|---|---|
| JAMES B PATTERSON | ||||||||
| C/O PEYSER 500 FIFTH AVE STE 4300 | NEW YORK | NY | 10110 | MANAGER | 1.00 | $0 | $0 | $0 |
| SUSAN SOLIE PATTERSON | ||||||||
| C/O PEYSER 500 FIFTH AVE STE 4300 | NEW YORK | NY | 10110 | TRUSTEE | 1.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
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 | $23,893,370 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $607,568 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $24,500,938 | TotalFMVOfUnusedAssetsAmt |
| Adjusted Total FMV Of Unused Ast | $24,500,938 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $367,514 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $24,133,424 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $1,206,671 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $1,206,671 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $53,779 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $53,779 | TotalTaxAmt |
| Distributable Before Adj | $1,152,892 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $1,152,892 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $1,152,892 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $9,088,782 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $9,088,782 | QualifyingDistributionsAmt |
| Adjusted Qualifying Distri | $9,088,782 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $1,152,892 | DistributableAsAdjustedAmt |
| Excess Distribution Cyov Yr5 | $2,457,088 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $11,608,585 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $13,030,819 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $11,304,211 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $4,444,664 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $42,845,367 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $9,088,782 | QualifyingDistributionsAmt |
| Applied To Current Year | $1,152,892 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $7,935,890 | RemainingDistriFromCorpusAmt |
| Total Corpus | $50,781,257 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov From Yr5 | $2,457,088 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $48,324,169 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $11,608,585 | ExcessFromYear4Amt |
| Excess From Year3 | $13,030,819 | ExcessFromYear3Amt |
| Excess From Year2 | $11,304,211 | ExcessFromYear2Amt |
| Excess From Year1 | $4,444,664 | ExcessFromYear1Amt |
| Excess From Current Year | $7,935,890 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | VARIOUS | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | SEE ATTACHED LIST | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10110 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Or Contribution Purpose | CHARITABLE | GrantOrContributionPurposeTxt |
| Amt | $9,088,782 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $9,088,782 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $7,436 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $642,002 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $2,106,933 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $2,756,371 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $2,756,371 | 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 |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Contributor Person | JAMES PATTERSON | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 500 FIFTH AVE STE 4300 | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10110 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $9,074,392 | TotalContributionsAmt |
| Noncash Contribution | Yes (X) | NoncashContributionInd |
Non Cash Property Contribution NonCashPropertyContributionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Noncash Property | SEE ATTACHED | NoncashPropertyDesc |
| Fair Market Value | $9,074,392 | FairMarketValueAmt |
| Received | 2019-12-31 | ReceivedDt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | INVESTMENT IN CORPORATE BONDS | BondNm |
| EOY Book Value | $7,834,818 | EOYBookValueAmt |
| EOYFMV | $7,834,818 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | INVESTMENT IN SECURITY | StockNm |
| EOY Book Value | $15,495,591 | EOYBookValueAmt |
| EOYFMV | $18,859,844 | EOYFMVAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | UNREALIZED LOSS | Desc |
| Amt | $2,622,160 | Amt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | INVESTMENT ADVISORY FEES | CategoryTxt |
| Amt | $67,232 | Amt |
| Net Investment Income | $67,232 | NetInvestmentIncomeAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| FEDERAL EXCISE TAX | $41,000 | |
| FOREIGN TAX WITHHELD | $202 | $202 |
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