JOHN AND AMY PHELAN FAMILY FOUNDATION: Form 990PF, tax year 2018
View the entire original 990 at ProPublica ↗
- Organization
- JOHN AND AMY PHELAN FAMILY FOUNDATION (EIN 46-1579312)
- Tax period
- 2018-01-01 to 2018-12-31
- Filed
- 2019-11-14
- IRS object ID
- 201943189349101269
- 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
- Form 990-PF
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Legal Fees Schedule
- Other Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2019-11-14T09:55:55-06:00 | ReturnTs |
| Tax Period End | 2018-12-31 | 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 | 2018-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 461579312 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JOHN AND AMY PHELAN FAMILY FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | JOHN | BusinessNameControlTxt |
| Phone | 5166125050 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 222 LAKEVIEW AVENUE SUITE 1600 | AddressLine1Txt |
| City | WEST PALM BEACH | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33401 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JOHN C PHELAN | PersonNm |
| Person Title | PRESIDENT/ TREASURER | PersonTitleTxt |
| Phone | 5166125050 | PhoneNum |
| Signature | 2019-11-14 | 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 | 66.98.98.134 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2019-11-14 | IPDt |
| IP Tm | 09:44:19 | 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 | 2018 | TaxYr |
| Build TS | 2020-03-31 21:24:44Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $42,214,350 | 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 | $279,402 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $279,402 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $6,258 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $6,258 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | -$4,557,209 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $15,993,978 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $15,304,133 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $31,331 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $140,585 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | -$4,240,218 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $15,730,378 | 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 | $465 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $465 | LegalFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $179,000 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $0 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $117 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $0 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $117 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $179,582 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $0 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $582 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $1,165,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $1,165,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,344,582 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $0 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,165,582 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$5,584,800 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $15,730,378 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $48,973 | CashBOYAmt |
| Cash EOY | $50,000 | CashEOYAmt |
| Cash EOYFMV | $50,000 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $5,614,745 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $21,112,223 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $21,112,223 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $21,671,622 | CorporateStockBOYAmt |
| Corporate Stock EOY | $208,929 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $37,966 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $20,408,328 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $20,784,140 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $21,010,585 | OtherInvestmentsEOYFMVAmt |
| Other Assets BOY | $0 | OtherAssetsBOYAmt |
| Other Assets EOY | $3,576 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $3,576 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $47,743,668 | TotalAssetsBOYAmt |
| Total Assets EOY | $42,158,868 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $42,214,350 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| 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 | $47,743,668 | RetainedEarningBOYAmt |
| Retained Earning EOY | $42,158,868 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $47,743,668 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $42,158,868 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $47,743,668 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $42,158,868 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $47,743,668 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$5,584,800 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $42,158,868 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $42,158,868 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (18 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt |
|---|---|---|---|---|---|---|---|
| MSD CREDIT OPPORTUNITY FUND LP (STCG) | D | 2018-12-31 | 2018-12-31 | $35,390 | $35,390 | ||
| MSD CREDIT OPPORTUNITY FUND LP (LTCG) | D | 2018-12-31 | 2018-12-31 | $53,731 | $53,731 | ||
| MSD ENERGY INVESTMENTS LP (LTCG) | D | 2018-12-31 | 2018-12-31 | $403,611 | $403,611 | ||
| MSD EUROPEAN OPPORTUNITY FUND LP (STCL) | D | 2018-12-31 | 2018-12-31 | -$71,322 | -$71,322 | ||
| MSD EUROPEAN OPPORTUNITY FUND LP (LTCG) | D | 2018-12-31 | 2018-12-31 | $74,140 | $74,140 | ||
| MSD MULTI-STRATEGY LP (STCL) | D | 2018-12-31 | 2018-12-31 | -$6,227 | -$6,227 | ||
| MSD MULTI-STRATEGY LP (LTCG) | D | 2018-12-31 | 2018-12-31 | $160,287 | $160,287 | ||
| MSD SPARROWHAWK LP (STCG) | D | 2018-12-31 | 2018-12-31 | $18,046 | $18,046 | ||
| MSD SPARROWHAWK LP (LTCG) | D | 2018-12-31 | 2018-12-31 | $17,450 | $17,450 | ||
| MSD TORCHLIGHT PARTNERS LP (STCL) | D | 2018-12-31 | 2018-12-31 | -$26,283 | -$26,283 | ||
| MSD TORCHLIGHT PARTNERS LP (LTCG) | D | 2018-12-31 | 2018-12-31 | $289,335 | $289,335 | ||
| MSD PRIVATE CREDIT OPPORTUNITY FUND LP (STCG) | D | 2018-12-31 | 2018-12-31 | $2,538 | $2,538 | ||
| CORAL ROCK INVESTMENTS LP (STCG) | D | 2018-12-31 | 2018-12-31 | $45,236 | $45,236 | ||
| CORAL ROCK INVESTMENTS LP (LTCL) | D | 2018-12-31 | 2018-12-31 | -$2,574 | -$2,574 | ||
| PUBLICLY TRADED SECURITIES | P | $14,392,636 | $14,392,636 | $15,993,978 | $1,601,342 | ||
| LOSS ON DISPOSITION OF MSD TORCHLIGHT PARTNERS LP | D | 2018-12-31 | 2018-12-31 | -$81,852 | -$81,852 | ||
| UBIT FROM MSD EUROPEAN OPPORTUNITY FUND LP (STCL) | D | 2018-12-31 | 2018-12-31 | $1,268 | $1,268 | ||
| UBIT FROM MSD EUROPEAN OPPORTUNITY FUND LP (LTCG) | D | 2018-12-31 | 2018-12-31 | -$1,277 | -$1,277 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $15,304,133 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | 0 | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $1,778,539 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $28,141,171 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.063201 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $1,624,314 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $28,981,794 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.056046 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $2,172,277 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $29,563,245 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.073479 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $808,323 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $25,029,596 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.032295 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $2,045 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $17,536,603 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.000117 | DistributionYr5Rt |
| Total Distribution | 0.225138 | TotalDistributionRt |
| Average Distribution | 0.045028 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $42,256,547 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $1,902,728 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $157,304 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $2,060,032 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $1,165,582 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $314,608 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $314,608 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $314,608 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $174,970 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $40,000 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $214,970 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $5,764 | EsPenaltyAmt |
| Tax Due | $105,402 | TaxDueAmt |
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 | 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 | JOHN C PHELAN | IndividualWithBooksNm |
| Phone | 5616125050 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 222 LAKEVIEW AVENUE SUITE 1600 | AddressLine1Txt |
| City | WEST PALM BEACH | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33401 | 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 | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| 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 | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt | Address Line2USAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|---|---|---|
| JOHN C PHELAN | |||||||||
| 222 LAKEVIEW AVENUE SUITE 1600 | WEST PALM BEACH | FL | 33401 | PRESIDENT/TREASURER | 1.00 | $0 | $0 | $0 | |
| AMY PHELAN | |||||||||
| 222 LAKEVIEW AVENUE SUITE 1600 | WEST PALM BEACH | FL | 33401 | VICE PRESIDENT/SECRETARY | 1.00 | $0 | $0 | $0 | |
| GLENN R FUHRMAN | |||||||||
| C/O MSD CAPITAL 645 5TH AVE 21ST | NEW YORK | NY | 10022 | ASST. TREASURER/SECRETARY | 1.00 | $0 | $0 | $0 | FLOOR |
| MARC LISKER | |||||||||
| C/O MSD CAPITAL 645 5TH AVE 21ST | NEW YORK | NY | 10022 | ASST. TREASURER/SECRETARY | 1.00 | $0 | $0 | $0 | FLOOR |
| 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 | $3,953,777 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $17,928,391 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $21,017,880 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $42,900,048 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $42,900,048 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $643,501 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $42,256,547 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $2,112,827 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $2,112,827 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $314,608 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $314,608 | TotalTaxAmt |
| Distributable Before Adj | $1,798,219 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $1,798,219 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $1,798,219 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,165,582 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $1,165,582 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $1,165,582 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $1,798,219 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr1 | $226,449 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $226,449 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $1,165,582 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $1,165,582 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $226,449 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $226,449 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $0 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $406,188 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $0 | ExcessDistriCyovToNextYrAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | JOHN C PHELAN | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (7 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| CHILD MIND INSTITUTE | |||||||
| 101 EAST 56TH STREET | NEW YORK | NY | 10022 | NONE | PC | FOR DONEE'S EXEMPT PURPOSE | $150,000 |
| COLD SPRING HARBOR LABORATORY | |||||||
| 75 GOOSE HILL ROAD | COLD SPRING HARBOR | NY | 11724 | NONE | PC | FOR DONEE'S EXEMPT PURPOSE | $100,000 |
| MUSEUM OF MODERN ART | |||||||
| 11 WEST 53RD STREET | NEW YORK | NY | 10019 | NONE | PC | FOR DONEE'S EXEMPT PURPOSE | $50,000 |
| PRESIDENT AND FELLOWS OF HARVARD COLLEGE | |||||||
| MASSACHUSETTS HALL | CAMBRIDGE | MA | 02138 | NONE | PC | FOR DONEE'S EXEMPT PURPOSE | $250,000 |
| TATE AMERICAS FOUNDATION | |||||||
| 520 WEST 27TH STREET UNIT 404 | NEW YORK | NY | 10001 | NONE | PC | FOR DONEE'S EXEMPT PURPOSE | $15,000 |
| THE AMERICAN FUND FOR LSE | |||||||
| 450 SEVENTH AVE 1109 | NEW YORK | NY | 10123 | NONE | PC | LSE CENTENNIAL FUND | $50,000 |
| WHITNEY MUSEUM OF AMERICAN ART | |||||||
| 99 GANSEVOORT STREET | NEW YORK | NY | 10014 | NONE | PC | FOR DONEE'S EXEMPT PURPOSE | $550,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $1,165,000 | 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 | $279,402 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $6,258 | ExclusionAmt |
Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $139,283 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business | 525990 | BusinessCd |
| Unrelated Business Taxbl Incm | $9 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | 18 | ExclusionCd |
| Exclusion | -$4,557,218 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp (2 entries)
| DescDesc | BusinessBusinessCd | Unrelated Business Taxbl IncmUnrelatedBusinessTaxblIncmAmt | ExclusionExclusionCd | ExclusionExclusionAmt |
|---|---|---|---|---|
| UBTI LOSS FROM LIMITED PARTNERSHIPS | 525990 | -$109,290 | ||
| LITIGATION SETTLEMENT | 01 | $1,338 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | -$109,281 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | -$4,130,937 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | -$4,240,218 | 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 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (2 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| 1,336 SHS AQUABOUNTY TECHNOLOGIES INC. | $16,834 | $2,739 |
| 18,838 SHS ZIOPHARM ONCOLOGY INC. | $192,095 | $35,227 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (10 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| CORAL ROCK INVESTMENTS L.P. | FMV | $5,861,000 | $6,297,502 |
| MSD AQUA PARTNERS L.P. | FMV | $1,013,945 | $1,115,580 |
| MSD CREDIT OPPORTUNITY FUND L.P. | FMV | $4,209,688 | $3,599,082 |
| MSD ENERGY INVESTMENTS L.P. | FMV | $974,729 | $95,489 |
| MSD EUROPEAN OPPORTUNITY FUND L.P. | FMV | $2,562,225 | $2,454,879 |
| MSD MULTI-STRATEGY L.P. | FMV | $2,236,820 | $2,342,324 |
| MSD PRIVATE CREDIT OPPORTUNITY FUND L.P. | FMV | $1,264,992 | $1,273,441 |
| MSD RING PARTNERS, LP | FMV | $420,768 | $1,173,950 |
| MSD SPARROWHAWK L.P. | FMV | $1,148,016 | $1,199,986 |
| MSD WCG PARTNERS L.P. | FMV | $1,091,957 | $1,458,352 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | CategoryTxt |
| Legal Fees | $465 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $465 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | DUE FROM PARTNERSHIPS | Desc |
| BOY Book Value | $0 | BOYBookValueAmt |
| EOY Book Value | $3,576 | EOYBookValueAmt |
| EOYFMV | $3,576 | EOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | CT CORP FILING FEE | Desc |
| Revenue And Expenses Per Books | $117 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $117 | DisbursementsCharitablePrpsAmt |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (14 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| MSD CREDIT OPPORTUNITY FUND LP | $295,911 | $295,911 | $295,911 |
| MSD ENERGY PARTNERS LP | $227 | $227 | $227 |
| MSD ENERGY INVESTMENTS LP | $13,046 | $13,046 | $13,046 |
| MSD EUROPEAN OPPORTUNITY FUND LP | $107,314 | $107,314 | $107,314 |
| MSD MULTI-STRATEGY LP | $48,343 | $48,343 | $48,343 |
| MSD SPARROWHAWK LP | $23,485 | $23,449 | $23,485 |
| MSD TORCHLIGHT PARTNERS LP | $1,118 | $1,118 | $1,118 |
| MSD AQUA PARTNERS LP | -$1,164 | -$1,164 | -$1,164 |
| MSD WCG PARTNERS LP | -$5,290 | -$5,290 | -$5,290 |
| MSD PRIVATE CREDIT OPPORTUNITY FUND LP | $72,078 | $72,078 | $72,078 |
| MSD RING PARTNERS LP | -$513,711 | -$513,711 | -$513,711 |
| CORAL ROCK INVESTMENTS LP | $97,926 | $97,926 | $97,926 |
| UBTI LOSS FROM LIMITED PARTNERSHIPS | -$109,290 | -$109,290 | |
| LITIGATION SETTLEMENT | $1,338 | $1,338 | $1,338 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | FEDERAL EXCISE TAX | CategoryTxt |
| Amt | $179,000 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Comments