HERTZ AND LIBBY HASENFELD CHARITABLE FOUNDATION TR: Form 990PF, tax year 2018

View the entire original 990 at ProPublica ↗

Organization
HERTZ AND LIBBY HASENFELD CHARITABLE FOUNDATION TR (EIN 11-6579799)
Tax period
2018-01-01 to 2018-12-31
Filed
2019-05-15
IRS object ID
201901359349101550
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)
Return2019-05-15T08:19:07-07:00ReturnTs
Tax Period End2018-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN132916085PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Morris Teichman & Co PCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line12 WEST 45TH STREET STE1102AddressLine1Txt
CityNew YorkCityNm
State AbbreviationNYStateAbbreviationCd
ZIP100364213ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2018-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN116579799EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1HERTZ AND LIBBY HASENFELD CHARITABLEBusinessNameLine1Txt
Business Name Line2FOUNDATION TRBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlHERTBusinessNameControlTxt
Phone7184368141PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11459 54TH STREETAddressLine1Txt
CityBROOKLYNCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11219ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonHERTZ HASENFELDPersonNm
Person TitlePresidentPersonTitleTxt
Signature2019-05-15SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonDAVID TEICHMANPreparerPersonNm
PTINP00637844PTIN
Phone2127269192PhoneNum
FieldValueIRS element (for citing)
Tax2018TaxYr
Build TS2019-02-21 02:37:17ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$763,656FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$165,000ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss$879InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$879InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$8,287DividendsRevAndExpnssAmt
Dividends Net Invst Incm$8,287DividendsNetInvstIncmAmt
Total Rev And Expnss$174,166TotalRevAndExpnssAmt
Total Net Invst Incm$9,166TotalNetInvstIncmAmt
Taxes Rev And Expnss$200TaxesRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss$200TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$305,137ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$305,137ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$305,337TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$305,137TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$131,171ExcessRevenueOverExpensesAmt
Net Investment Income$9,166NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$905,827SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$763,656SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$763,656SavAndTempCashInvstEOYFMVAmt
Other Assets EOY$11,000OtherAssetsEOYAmt
Total Assets BOY$905,827TotalAssetsBOYAmt
Total Assets EOY$774,656TotalAssetsEOYAmt
Total Assets EOYFMV$763,656TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind
Unrestricted BOY$905,827UnrestrictedBOYAmt
Unrestricted EOY$774,656UnrestrictedEOYAmt
Tot Net Ast Or Fund Balances BOY$905,827TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$774,656TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$905,827TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$774,656TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$905,827TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$131,171ExcessRevenueOverExpensesAmt
Subtotal$774,656SubtotalAmt
Tot Net Ast Or Fund Balances EOY$774,656TotNetAstOrFundBalancesEOYAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$261,951AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$916,452NetVlNoncharitableAssetsYr1Amt
Distribution Yr10.28583DistributionYr1Rt
Adjusted Qlfy Distri Yr2$358,926AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$1,025,765NetVlNoncharitableAssetsYr2Amt
Distribution Yr20.34991DistributionYr2Rt
Adjusted Qlfy Distri Yr3$272,459AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$1,241,789NetVlNoncharitableAssetsYr3Amt
Distribution Yr30.21941DistributionYr3Rt
Adjusted Qlfy Distri Yr4$361,528AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4$1,406,171NetVlNoncharitableAssetsYr4Amt
Distribution Yr40.25710DistributionYr4Rt
Adjusted Qlfy Distri Yr5$68,528AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5$66,711NetVlNoncharitableAssetsYr5Amt
Distribution Yr51.02724DistributionYr5Rt
Total Distribution2.139489TotalDistributionRt
Average Distribution0.427898AverageDistributionRt
Net Vl Noncharitable Assets$801,280NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$342,866AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct$92NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$342,958AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$305,137QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$183InvestmentIncomeExciseTaxAmt
Subtotal$183SubtotalAmt
Tax Based On Investment Income$183TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$28EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits$28TotalPaymentsAndCreditsAmt
Tax Due$155TaxDueAmt

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 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 RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1LIBBY HASENFELDBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone2125750290PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line11459 54TH STREETAddressLine1Txt
CityBrooklynCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11219ZIPCd
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 (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmt
HERTZ HASENFELD
1459 54TH STREETBROOKLYNNY11219President0.00$0
LIBBY HASENFELD
1459 54TH STREETBROOKLYNNY11219Secretary0.00$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$0AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$813,482AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$813,482TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$813,482AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$12,202CashDeemedCharitableAmt
Net Vl Noncharitable Assets$801,280NetVlNoncharitableAssetsAmt
Minimum Investment Return$40,064MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$40,064MinimumInvestmentReturnAmt
Tax Based On Investment Income$183TaxBasedOnInvestmentIncomeAmt
Total Tax$183TotalTaxAmt
Distributable Before Adj$39,881DistributableBeforeAdjAmt
Distributable Before Ded$39,881DistributableBeforeDedAmt
Distributable As Adjusted$39,881DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$305,137ExpensesAndContributionsAmt
Qualifying Distributions$305,137QualifyingDistributionsAmt
Adjusted Qualifying Distri$305,137AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$39,881DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$65,192ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$292,928ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$210,824ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$308,088ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$216,300ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$1,093,332TotalExcessDistributionCyovAmt
Qualifying Distributions$305,137QualifyingDistributionsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$39,881AppliedToCurrentYearAmt
Remaining Distri From Corpus$265,256RemainingDistriFromCorpusAmt
Total Corpus$1,358,588TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$65,192ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$1,293,396ExcessDistriCyovToNextYrAmt
Excess From Year4$292,928ExcessFromYear4Amt
Excess From Year3$210,824ExcessFromYear3Amt
Excess From Year2$308,088ExcessFromYear2Amt
Excess From Year1$216,300ExcessFromYear1Amt
Excess From Current Year$265,256ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

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

Application Submission Info ApplicationSubmissionInfoGrp

FieldValueIRS element (for citing)
Recipient PersonHERTZ HASENFELDRecipientPersonNm

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line11459 54TH STREETAddressLine1Txt
CityBROOKLYNCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11219ZIPCd
FieldValueIRS element (for citing)
Form And Info And MaterialsGENERAL INFORMATION REGARDING ORGANIZATION AND TELEPHONE NUMBERFormAndInfoAndMaterialsTxt
Submission DeadlinesNONESubmissionDeadlinesTxt
Restrictions On AwardsNONERestrictionsOnAwardsTxt

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp

FieldValueIRS element (for citing)
Recipient PersonSee Schedule AttachedRecipientPersonNm

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line1C/O ORGANIZATIONAddressLine1Txt
CityBROOKLYNCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11204ZIPCd
FieldValueIRS element (for citing)
Recipient RelationshipNONERecipientRelationshipTxt
Recipient Foundation StatusEXEMPTRecipientFoundationStatusTxt
Grant Or Contribution PurposeUNRESTRICTED GENERAL SUPPORTGrantOrContributionPurposeTxt
Amt$305,137Amt
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$305,137TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$879RelatedOrExemptFunctionIncmAmt

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$8,287RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$9,166RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$9,166TotalIncomeProducingActyAmt

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

Schedule B IRS990ScheduleB

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
General RuleYes (X)GeneralRuleInd

Contributor Information ContributorInformationGrp (2 entries)

ContributorContributorNumAddress Line1ContributorUSAddress/AddressLine1TxtCityContributorUSAddress/CityNmState AbbreviationContributorUSAddress/StateAbbreviationCdZIPContributorUSAddress/ZIPCdTotal ContributionsTotalContributionsAmtPerson ContributionPersonContributionInd
HERTZ LIBBY HASENFELD
11459 54TH STREETBROOKLYNNY11219$140,000Yes (X)
HASENFELD-STEIN INC
2580 5TH AVENUENEW YORKNY10036$25,000Yes (X)

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp

FieldValueIRS element (for citing)
DescLOANS & EXCHANGEDesc
EOY Book Value$11,000EOYBookValueAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryFEDERAL EXCISE TAXCategoryTxt
Amt$200Amt

Comments

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