BETA

JUDITH & LESTER LIEBERMAN FOUNDATION A NEW JERSEY NONPROFIT: Form 990PF, tax year 2018

View the entire original 990 at ProPublica ↗

Organization
JUDITH & LESTER LIEBERMAN FOUNDATION A NEW JERSEY NONPROFIT (EIN 22-3584229)
Tax period
2018-01-01 to 2018-12-31
Filed
2019-05-09
IRS object ID
201901299349100205
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)
Return2019-05-09T06:25:36-07:00ReturnTs
Tax Period End2018-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN222377538PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Gittelman & Company PCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1PO Box 2369AddressLine1Txt
CityCliftonCityNm
State AbbreviationNJStateAbbreviationCd
ZIP070152369ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2018-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN223584229EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE JUDITH & LESTER LIEBERMAN FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlJUDIBusinessNameControlTxt
Phone3017607525PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1403 METZGER DRIVEAddressLine1Txt
CityWEST ORANGECityNm
State AbbreviationNJStateAbbreviationCd
ZIP07052ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJUDITH LIEBERMANPersonNm
Person TitlePresidentPersonTitleTxt
Signature2019-05-05SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMark I Gittelman CPAPreparerPersonNm
PTINP00059708PTIN
Phone9737788885PhoneNum
FieldValueIRS element (for citing)
Tax2018TaxYr
Build TS2019-02-21 02:37:17ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Address ChangeYes (X)AddressChangeInd
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$544,394FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Dividends Rev And Expnss$1,265DividendsRevAndExpnssAmt
Dividends Net Invst Incm$1,265DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$123,154NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$193,087GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$123,154CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$124,419TotalRevAndExpnssAmt
Total Net Invst Incm$124,419TotalNetInvstIncmAmt
Accounting Fees Rev And Expnss$657AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$657AccountingFeesNetInvstIncmAmt
Taxes Rev And Expnss$401TaxesRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss$1,058TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$657TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$117,954ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$117,954ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$119,012TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$657TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$117,954TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$5,407ExcessRevenueOverExpensesAmt
Net Investment Income$123,762NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$24,964SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$101,434SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$101,434SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY$177,261CorporateStockBOYAmt
Corporate Stock EOY$107,328CorporateStockEOYAmt
Corporate Stock EOYFMV$441,168CorporateStockEOYFMVAmt
Other Assets BOY$2,922OtherAssetsBOYAmt
Other Assets EOY$1,792OtherAssetsEOYAmt
Other Assets EOYFMV$1,792OtherAssetsEOYFMVAmt
Total Assets BOY$205,147TotalAssetsBOYAmt
Total Assets EOY$210,554TotalAssetsEOYAmt
Total Assets EOYFMV$544,394TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow SFAS117Yes (X)OrgDoesNotFollowSFAS117Ind
Retained Earning BOY$205,147RetainedEarningBOYAmt
Retained Earning EOY$210,554RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$205,147TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$210,554TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$205,147TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$210,554TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$205,147TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$5,407ExcessRevenueOverExpensesAmt
Subtotal$210,554SubtotalAmt
Tot Net Ast Or Fund Balances EOY$210,554TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)

PropertyPropertyDescHow AcquiredHowAcquiredCdAcquiredAcquiredDtSoldSoldDtGross Sales PriceGrossSalesPriceAmtCost Or Other BasisCostOrOtherBasisAmtGain Or LossGainOrLossAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
500 ADOBE INCD2013-11-042018-11-26$114,271$27,520$86,751$86,751
1000 ISHARES CORE S&P SMALL CAP ETFD2013-04-052018-10-23$78,816$42,413$36,403$36,403
FieldValueIRS element (for citing)
Capital Gain Net Income$123,154CapitalGainNetIncomeAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$133,526AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$351,148NetVlNoncharitableAssetsYr1Amt
Distribution Yr10.38026DistributionYr1Rt
Adjusted Qlfy Distri Yr2$152,137AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$200,894NetVlNoncharitableAssetsYr2Amt
Distribution Yr20.75730DistributionYr2Rt
Adjusted Qlfy Distri Yr3$146,934AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$186,454NetVlNoncharitableAssetsYr3Amt
Distribution Yr30.78804DistributionYr3Rt
Adjusted Qlfy Distri Yr4$670,712AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4$263,618NetVlNoncharitableAssetsYr4Amt
Distribution Yr42.54426DistributionYr4Rt
Adjusted Qlfy Distri Yr5$173,095AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5$332,062NetVlNoncharitableAssetsYr5Amt
Distribution Yr50.52127DistributionYr5Rt
Total Distribution4.991130TotalDistributionRt
Average Distribution0.998226AverageDistributionRt
Net Vl Noncharitable Assets$658,019NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$656,852AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct$1,238NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$658,090AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$117,954QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$2,475InvestmentIncomeExciseTaxAmt
Subtotal$2,475SubtotalAmt
Tax Based On Investment Income$2,475TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$1,098EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits$1,098TotalPaymentsAndCreditsAmt
Form2220 AttachedYes (X)Form2220AttachedInd
Tax Due$1,377TaxDueAmt

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
Form990 T FiledfalseForm990TFiledInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateNJOrgReportOrRegisterStateCd
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

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1JUDITH LIEBERMANBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone3017607525PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1403 METZGER DRIVEAddressLine1Txt
CityWEST ORANGECityNm
State AbbreviationNJStateAbbreviationCd
ZIP07052ZIPCd
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
Acts Fail To Qlfy As ExceptionsfalseActsFailToQlfyAsExceptionsInd
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
Undistributed Income PYfalseUndistributedIncomePYInd
Undistr Incm Sect4942a2 Not AppfalseUndistrIncmSect4942a2NotAppInd
Business HoldingsfalseBusinessHoldingsInd
Excess Business HoldingsfalseExcessBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Transactions Fail To Qlfy As ExcfalseTransactionsFailToQlfyAsExcInd
Maintained Expenditure RspnsfalseMaintainedExpenditureRspnsInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Proceeds Or Net IncomefalseProceedsOrNetIncomeInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmt
JUDITH LIEBERMAN
403 METZGER DRIVEWEST ORANGENJ07052President0.00$0
SUSAN LIEBERMAN
4 GRACE HILL COURTTITUSVILLENJ08560Treasurer0.00$0
JANE LIEBERMAN
7200 FAIRFAX ROADBETHESDAMD20814Vice President0.00$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

FieldValueIRS element (for citing)
Description1THE FOUNDATION IS NOT INVOLVED IN ANY DIRECT CHARITABLE ACTIVITIES. ITS PRIMARY PURPOSE IS TO SUPPORT, BY CONTRIBUTIONS, OTHER ORGANIZATIONS EXEMPT UNDER INTERNAL REVENUE CODE SECTION 501(C)(3).Description1Txt
Expenses1$0Expenses1Amt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$621,704AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$46,336AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$668,040TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$668,040AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$10,021CashDeemedCharitableAmt
Net Vl Noncharitable Assets$658,019NetVlNoncharitableAssetsAmt
Minimum Investment Return$32,901MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$32,901MinimumInvestmentReturnAmt
Tax Based On Investment Income$2,475TaxBasedOnInvestmentIncomeAmt
Total Tax$2,475TotalTaxAmt
Distributable Before Adj$30,426DistributableBeforeAdjAmt
Distributable Before Ded$30,426DistributableBeforeDedAmt
Distributable As Adjusted$30,426DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$117,954ExpensesAndContributionsAmt
Qualifying Distributions$117,954QualifyingDistributionsAmt
Adjusted Qualifying Distri$117,954AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$30,426DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$158,602ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$661,721ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$139,384ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$143,887ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$117,068ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$1,220,662TotalExcessDistributionCyovAmt
Qualifying Distributions$117,954QualifyingDistributionsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$30,426AppliedToCurrentYearAmt
Remaining Distri From Corpus$87,528RemainingDistriFromCorpusAmt
Total Corpus$1,308,190TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$158,602ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$1,149,588ExcessDistriCyovToNextYrAmt
Excess From Year4$661,721ExcessFromYear4Amt
Excess From Year3$139,384ExcessFromYear3Amt
Excess From Year2$143,887ExcessFromYear2Amt
Excess From Year1$117,068ExcessFromYear1Amt
Excess From Current Year$87,528ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

Application Submission Info ApplicationSubmissionInfoGrp

FieldValueIRS element (for citing)
Recipient PersonJUDITH LIEBERMANRecipientPersonNm

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line1403 METZGER DRIVEAddressLine1Txt
CityWEST ORANGECityNm
State AbbreviationNJStateAbbreviationCd
ZIP07052ZIPCd
FieldValueIRS element (for citing)
Recipient Phone3017607525RecipientPhoneNum
Form And Info And MaterialsWRITTEN SPECIFYING PURPOSE OF CONTRIBUTION.FormAndInfoAndMaterialsTxt
Submission DeadlinesNONESubmissionDeadlinesTxt
Restrictions On AwardsNONERestrictionsOnAwardsTxt

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp

FieldValueIRS element (for citing)
Recipient PersonSEE ATTACHED LISTINGRecipientPersonNm

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line1VARIOUSAddressLine1Txt
CityVARIOUSCityNm
State AbbreviationNJStateAbbreviationCd
ZIP07960ZIPCd
FieldValueIRS element (for citing)
Recipient RelationshipNONERecipientRelationshipTxt
Recipient Foundation StatusN/ARecipientFoundationStatusTxt
Grant Or Contribution PurposeVARIOUSGrantOrContributionPurposeTxt
Amt$117,954Amt
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$117,954TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$1,265ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion$123,154ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$124,419ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$124,419TotalIncomeProducingActyAmt

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 StatementN/ARelationshipStatementTxt

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)
CategoryACCOUNTING FEESCategoryTxt
Amt$657Amt
Net Investment Income$657NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$0DisbursementsCharitablePrpsAmt

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp

FieldValueIRS element (for citing)
DescOTHER RECEIVABLESDesc
BOY Book Value$2,922BOYBookValueAmt
EOY Book Value$1,792EOYBookValueAmt
EOYFMV$1,792EOYFMVAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
Category990PF ESTIMATESCategoryTxt
Amt$401Amt

Comments

Anonymous: no account or email. Up to 2,000 characters, at most one link. Comments are checked automatically; some wait for review.