FRADIN FAMILY FOUNDATION: Form 990PF, tax year 2018

View the entire original 990 at ProPublica ↗

Organization
FRADIN FAMILY FOUNDATION (EIN 05-0481553)
Tax period
2018-10-01 to 2019-09-30
Filed
2019-11-26
IRS object ID
201923309349100302
Schema version
2018v3.1
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)
Return2019-11-26T10:35:19-06:00ReturnTs
Tax Period End2019-09-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN050391857PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1ROSENSTEIN HALPER & MASELLI LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line127 DRYDEN LANEAddressLine1Txt
CityPROVIDENCECityNm
State AbbreviationRIStateAbbreviationCd
ZIP02904ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2018-10-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN050481553EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1FRADIN FAMILY FOUNDATIONBusinessNameLine1Txt
Business Name Line2C/O ROSENSTEINHALPER & MASELLILLPBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlFRADBusinessNameControlTxt
Phone4013316851PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line127 DRYDEN LANEAddressLine1Txt
CityPROVIDENCECityNm
State AbbreviationRIStateAbbreviationCd
ZIP02904ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJAY ROSENSTEINPersonNm
Person TitleTREASURERPersonTitleTxt
Phone4013316851PhoneNum
Signature2019-11-06SignatureDt

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJAY N ROSENSTEIN CPAPreparerPersonNm
PTINP00083146PTIN
Phone4013316851PhoneNum
Preparation2019-11-06PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address96.238.18.36IPv4AddressTxt
FieldValueIRS element (for citing)
IP2019-11-26IPDt
IP Tm10:35:19IPTm
IP TimezoneCSIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device Id6F6D9D8077A73AB518AB5616FFA3BFF994784295AtSubmissionCreationDeviceId
At Submission Filing Device Id1415FF5D11BD25A786B91B21BE506E8A886EA0FBAtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2018TaxYr
Build TS2020-04-17 16:48:07ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$181,896FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss$144InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$144InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$4,186DividendsRevAndExpnssAmt
Dividends Net Invst Incm$4,186DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss-$2,157NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$35,595GrossSalesPriceAmt
Total Rev And Expnss$2,173TotalRevAndExpnssAmt
Total Net Invst Incm$4,330TotalNetInvstIncmAmt
Accounting Fees Rev And Expnss$892AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$892AccountingFeesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss$892TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$892TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$30,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$30,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$30,892TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$892TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$30,000TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$28,719ExcessRevenueOverExpensesAmt
Net Investment Income$3,438NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$9,579CashBOYAmt
Cash EOY$6,626CashEOYAmt
Cash EOYFMV$6,626CashEOYFMVAmt
Corporate Stock BOY$202,374CorporateStockBOYAmt
Corporate Stock EOY$175,270CorporateStockEOYAmt
Corporate Stock EOYFMV$175,270CorporateStockEOYFMVAmt
Total Assets BOY$211,953TotalAssetsBOYAmt
Total Assets EOY$181,896TotalAssetsEOYAmt
Total Assets EOYFMV$181,896TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind
Unrestricted BOY$211,953UnrestrictedBOYAmt
Unrestricted EOY$181,896UnrestrictedEOYAmt
Tot Net Ast Or Fund Balances BOY$211,953TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$181,896TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$211,953TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$181,896TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$211,953TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$28,719ExcessRevenueOverExpensesAmt
Other Increases-$1,338OtherIncreasesAmt
Subtotal$181,896SubtotalAmt
Tot Net Ast Or Fund Balances EOY$181,896TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp

FieldValueIRS element (for citing)
PropertySALE OF INVESTMENTSPropertyDesc
How AcquiredPHowAcquiredCd
Sold2019-09-30SoldDt
Gross Sales Price$35,595GrossSalesPriceAmt
Cost Or Other Basis$37,752CostOrOtherBasisAmt
Gain Or Loss-$2,157GainOrLossAmt
Gains Minus Excess Or Losses-$2,157GainsMinusExcessOrLossesAmt
FieldValueIRS element (for citing)
Capital Gain Net Income-$2,157CapitalGainNetIncomeAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$30,000AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$200,842NetVlNoncharitableAssetsYr1Amt
Distribution Yr10.149371DistributionYr1Rt
Adjusted Qlfy Distri Yr2$164,989AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$131,162NetVlNoncharitableAssetsYr2Amt
Distribution Yr21.257902DistributionYr2Rt
Adjusted Qlfy Distri Yr3$25,000AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$63,076NetVlNoncharitableAssetsYr3Amt
Distribution Yr30.396347DistributionYr3Rt
Adjusted Qlfy Distri Yr4$29,000AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4$69,028NetVlNoncharitableAssetsYr4Amt
Distribution Yr40.420119DistributionYr4Rt
Adjusted Qlfy Distri Yr5$82,500AdjustedQlfyDistriYr5Amt
Total Distribution2.223739TotalDistributionRt
Average Distribution0.555935AverageDistributionRt
Net Vl Noncharitable Assets$171,260NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$95,209AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct$34NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$95,243AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$30,000QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$69InvestmentIncomeExciseTaxAmt
Subtotal$69SubtotalAmt
Tax Based On Investment Income$69TaxBasedOnInvestmentIncomeAmt
Tax Due$69TaxDueAmt

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 StateRIOrgReportOrRegisterStateCd
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 AddressN/AWebsiteAddressTxt
Individual With BooksJAY ROSENSTEINIndividualWithBooksNm
Phone4013316851PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line127 DRYDEN LANEAddressLine1Txt
CityPROVIDENCECityNm
State AbbreviationRIStateAbbreviationCd
ZIP02904ZIPCd
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
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 PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
CHARLES S FRADIN
27 DRYDEN LANE C/O ROSENSTEINPROVIDENCERI02904SECRETARY2.00$0$0$0
JAY ROSENSTEIN
27 DRYDEN LANEPROVIDENCERI02904TREASURER2.00$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Description1N/ADescription1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$168,261AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$5,607AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$173,868TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$173,868AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$2,608CashDeemedCharitableAmt
Net Vl Noncharitable Assets$171,260NetVlNoncharitableAssetsAmt
Minimum Investment Return$8,563MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$8,563MinimumInvestmentReturnAmt
Tax Based On Investment Income$69TaxBasedOnInvestmentIncomeAmt
Total Tax$69TotalTaxAmt
Distributable Before Adj$8,494DistributableBeforeAdjAmt
Distributable Before Ded$8,494DistributableBeforeDedAmt
Distributable As Adjusted$8,494DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$30,000ExpensesAndContributionsAmt
Qualifying Distributions$30,000QualifyingDistributionsAmt
Adjusted Qualifying Distri$30,000AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$8,494DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$82,500ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$25,549ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$21,846ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$158,453ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$20,260ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$308,608TotalExcessDistributionCyovAmt
Qualifying Distributions$30,000QualifyingDistributionsAmt
Applied To Current Year$8,494AppliedToCurrentYearAmt
Remaining Distri From Corpus$21,506RemainingDistriFromCorpusAmt
Total Corpus$330,114TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$82,500ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$247,614ExcessDistriCyovToNextYrAmt
Excess From Year4$25,549ExcessFromYear4Amt
Excess From Year3$21,846ExcessFromYear3Amt
Excess From Year2$158,453ExcessFromYear2Amt
Excess From Year1$20,260ExcessFromYear1Amt
Excess From Current Year$21,506ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Application Submission Info ApplicationSubmissionInfoGrp

FieldValueIRS element (for citing)
Restrictions On AwardsTHE FOUNDATION DOES NOT ACCEPT UNSOLICITED APPLICATIONS FOR FUNDS. DETERMINATION OF CONTRIBUTIONS IS MADE AT THE DISCRETION OF THE MANAGERS.RestrictionsOnAwardsTxt

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp

Recipient Business Name RecipientBusinessName

FieldValueIRS element (for citing)
Business Name Line1COLE RESOURCE CENTERBusinessNameLine1Txt

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line1115 MILL STAddressLine1Txt
CityBELMONTCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02478ZIPCd
FieldValueIRS element (for citing)
Recipient Foundation StatusPUBLICRecipientFoundationStatusTxt
Grant Or Contribution PurposeGENERALGrantOrContributionPurposeTxt
Amt$30,000Amt
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$30,000TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$144ExclusionAmt

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$4,186ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion-$2,157ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$2,173ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$2,173TotalIncomeProducingActyAmt

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

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryTAX PREP FEE/INV FEECategoryTxt
Amt$892Amt
Net Investment Income$892NetInvestmentIncomeAmt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (4 entries)

StockStockNmEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
ISHARES CORE MCSI$42,688$42,688
I SHARES CORE S & P$8,889$8,889
ISHARES INC CORE$12,745$12,745
VANGIARD INDEX FDS SP 500$110,948$110,948

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail

FieldValueIRS element (for citing)
DescUNREALIZED APPRECIATION(DEPRECIATION) ON INVEST.Desc
Amt-$1,338Amt

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