BETA

ISDELL FOUNDATION: Form 990PF, tax year 2019

View the entire original 990 at ProPublica ↗

Organization
ISDELL FOUNDATION (EIN 22-3341359)
Tax period
2019-01-01 to 2019-12-31
Filed
2020-10-29
IRS object ID
202043219349101599
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)
Return2020-10-29T11:14:33-00:00ReturnTs
Tax Period End2019-12-31TaxPeriodEndDt
Return Type990PFReturnTypeCd
Tax Period Begin2019-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN223341359EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Isdell FoundationBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlISDEBusinessNameControlTxt
Phone2128428915PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1co 1140 6th Avenue 11th FloorAddressLine1Txt
CityNew YorkCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10036ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonKevin TonerPersonNm
Person TitlePresidentPersonTitleTxt
Signature2020-10-20SignatureDt
Discuss With Paid PreparerfalseDiscussWithPaidPreparerInd

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address38.94.170.5IPv4AddressTxt
FieldValueIRS element (for citing)
IP2020-11-16IPDt
IP Tm15:08:46IPTm
IP TimezoneESIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device IdC779AB29B2E6A9AD553B7EF6B8731ED37D17373FAtSubmissionCreationDeviceId
At Submission Filing Device Id57204F4C31CE71DB32F793838613A8C2F359869BAtSubmissionFilingDeviceId
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$7,695,712FMVAssetsEOYAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss$9,032InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$9,032InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$162,216DividendsRevAndExpnssAmt
Dividends Net Invst Incm$162,216DividendsNetInvstIncmAmt
Cap Gain Net Incm Net Invst Incm$0CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$171,248TotalRevAndExpnssAmt
Total Net Invst Incm$171,248TotalNetInvstIncmAmt
Legal Fees Rev And Expnss$538LegalFeesRevAndExpnssAmt
Other Prof Fees Rev And Expnss$14,611OtherProfFeesRevAndExpnssAmt
Taxes Rev And Expnss$3,000TaxesRevAndExpnssAmt
Trav Conf Meeting Rev And Expnss$803TravConfMeetingRevAndExpnssAmt
Other Expenses Rev And Expnss$3,000OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$3,000OtherExpensesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss$21,952TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$3,000TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$326,500ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$326,500ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$348,452TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$3,000TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$326,500TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$177,204ExcessRevenueOverExpensesAmt
Net Investment Income$168,248NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$196,761SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$7,650,370SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$7,650,370SavAndTempCashInvstEOYFMVAmt
US Government Obligations BOY$7,629,069USGovernmentObligationsBOYAmt
Corporate Stock BOY$46,214CorporateStockBOYAmt
Corporate Stock EOY$46,214CorporateStockEOYAmt
Corporate Stock EOYFMV$45,342CorporateStockEOYFMVAmt
Other Assets BOY$1,744OtherAssetsBOYAmt
Total Assets BOY$7,873,788TotalAssetsBOYAmt
Total Assets EOY$7,696,584TotalAssetsEOYAmt
Total Assets EOYFMV$7,695,712TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Capital Stock BOY$1,003,577CapitalStockBOYAmt
Capital Stock EOY$1,003,577CapitalStockEOYAmt
Additional Paid In Capital BOY$17,446AdditionalPaidInCapitalBOYAmt
Additional Paid In Capital EOY$17,446AdditionalPaidInCapitalEOYAmt
Retained Earning BOY$6,852,765RetainedEarningBOYAmt
Retained Earning EOY$6,675,561RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$7,873,788TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$7,696,584TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$7,873,788TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$7,696,584TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$7,873,788TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$177,204ExcessRevenueOverExpensesAmt
Subtotal$7,696,584SubtotalAmt
Tot Net Ast Or Fund Balances EOY$7,696,584TotNetAstOrFundBalancesEOYAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$822,941AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$8,130,985NetVlNoncharitableAssetsYr1Amt
Distribution Yr1000000.101210DistributionYr1Rt
Adjusted Qlfy Distri Yr2$202,111AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$8,648,957NetVlNoncharitableAssetsYr2Amt
Distribution Yr2000000.023368DistributionYr2Rt
Adjusted Qlfy Distri Yr3$1,156,190AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$9,252,605NetVlNoncharitableAssetsYr3Amt
Distribution Yr3000000.124958DistributionYr3Rt
Adjusted Qlfy Distri Yr4$669,700AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4$10,927,510NetVlNoncharitableAssetsYr4Amt
Distribution Yr4000000.061286DistributionYr4Rt
Adjusted Qlfy Distri Yr5$157,000AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5$12,646,257NetVlNoncharitableAssetsYr5Amt
Distribution Yr5000000.012415DistributionYr5Rt
Total Distribution000000.323237TotalDistributionRt
Average Distribution000000.064647AverageDistributionRt
Net Vl Noncharitable Assets$7,753,422NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$501,235AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct$1,682NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$502,917AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$326,500QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$3,365InvestmentIncomeExciseTaxAmt
Subtotal$3,365SubtotalAmt
Tax Based On Investment Income$3,365TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$4,045EstimatedPlusOvpmtIncmTxAmt
Extsn Request Income Tax Paid$3,200ExtsnRequestIncomeTaxPaidAmt
Total Payments And Credits$7,245TotalPaymentsAndCreditsAmt
Original Return Tax Paid$7,245OriginalReturnTaxPaidAmt
Form2220 AttachedYes (X)Form2220AttachedInd
Es Penalty$17EsPenaltyAmt
Overpayment$3,863OverpaymentAmt
Applied To ES Tax$3,863AppliedToESTaxAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
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 StateNYOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrfalseComplyWithPublicInspRqrInd
Website Addresswww.isdell.orgWebsiteAddressTxt
Phone2128428915PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line11140 6th Avenue 11th FloorAddressLine1Txt
CityNew YorkCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10036ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
Undistributed Income PYfalseUndistributedIncomePYInd
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
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd

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 PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmt
Kevin Toner
33 West 71st StreetNew YorkNY10023President000.00$0
Robert Lynch
270 Broadway Apt 22ANew YorkNY10007Director000.00$0

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

FieldValueIRS element (for citing)
Description1N/ADescription1Txt
Expenses1$0Expenses1Amt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Description1NoneDescription1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$6,808,270AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$1,063,224AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$7,871,494TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$7,871,494AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$118,072CashDeemedCharitableAmt
Net Vl Noncharitable Assets$7,753,422NetVlNoncharitableAssetsAmt
Minimum Investment Return$387,671MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$387,671MinimumInvestmentReturnAmt
Tax Based On Investment Income$3,365TaxBasedOnInvestmentIncomeAmt
Total Tax$3,365TotalTaxAmt
Distributable Before Adj$384,306DistributableBeforeAdjAmt
Distributable Before Ded$384,306DistributableBeforeDedAmt
Distributable As Adjusted$384,306DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$326,500ExpensesAndContributionsAmt
Qualifying Distributions$326,500QualifyingDistributionsAmt
Adjusted Qualifying Distri$326,500AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$384,306DistributableAsAdjustedAmt
Excess Distribution Cyov Yr4$129,021ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$753,822ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr1$418,730ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$1,301,573TotalExcessDistributionCyovAmt
Qualifying Distributions$326,500QualifyingDistributionsAmt
Applied To Current Year$326,500AppliedToCurrentYearAmt
Excess Distri Cyov App CY Corpus$57,806ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY$57,806ExcessDistributionCyovAppCYAmt
Total Corpus$1,243,767TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$1,243,767ExcessDistriCyovToNextYrAmt
Excess From Year4$71,215ExcessFromYear4Amt
Excess From Year3$753,822ExcessFromYear3Amt
Excess From Year1$418,730ExcessFromYear1Amt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerKevin TonerContributingManagerNm
Shareholder ManagerNoneShareholderManagerNm

Application Submission Info ApplicationSubmissionInfoGrp

FieldValueIRS element (for citing)
Recipient PersonKevin TonerRecipientPersonNm

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line1co 1140 6th Avenue 11th FlAddressLine1Txt
CityNew YorkCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10036ZIPCd
FieldValueIRS element (for citing)
Recipient Phone2128428900RecipientPhoneNum
Form And Info And MaterialsSubmit in writing with detailed explanations of purposes and objectives of the programFormAndInfoAndMaterialsTxt
Submission DeadlinesDecember 31 of each yearSubmissionDeadlinesTxt
Restrictions On AwardsNoneRestrictionsOnAwardsTxt

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (3 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
Earthjustice
50 California Street Suite 500San FranciscoCA94111NonePCEnvironmental Protection$315,000
The Tibet Fund
241 East 32nd StreetNew YorkNY10016NonePCTreatment of Disease$10,000
Kaufman Music Center
129 W 67th StreetNew YorkNY10023NonePCEducation$1,500
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$326,500TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$9,032ExclusionAmt

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$162,216ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$171,248ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$171,248TotalIncomeProducingActyAmt

Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp

Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp

FieldValueIRS element (for citing)
Line Number1LineNumberTxt
Relationship StatementNOT APPLICABLERelationshipStatementTxt

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

Accounting Fees Schedule AccountingFeesSchedule

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

FieldValueIRS element (for citing)
Stock53497 shares of Tullow Oil Irish CompanyStockNm
EOY Book Value$46,214EOYBookValueAmt
EOYFMV$45,342EOYFMVAmt

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp

FieldValueIRS element (for citing)
CategoryHarmon CurranCategoryTxt
Legal Fees$538LegalFeesAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp

FieldValueIRS element (for citing)
DescCustodial ExpenseDesc
Revenue And Expenses Per Books$3,000RevenueAndExpensesPerBooksAmt
Net Investment Income$3,000NetInvestmentIncomeAmt

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)

CategoryCategoryTxtAmtAmt
Domestic Representation$378
Consulting$14,233

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

CategoryCategoryTxtAmtAmt
Federal Investment Income Excise Tax$2,500
NYS Annual Filing Fee$500

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