GARCIA FAMILY FOUNDATION FOR ART CULTURE AND EDUCATION: Form 990PF, tax year 2018
View the entire original 990 at ProPublica ↗
- Organization
- GARCIA FAMILY FOUNDATION FOR ART CULTURE AND EDUCATION (EIN 47-1089574)
- Tax period
- 2018-01-01 to 2018-12-31
- Filed
- 2019-08-09
- IRS object ID
- 201922219349100507
- 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
- Accounting Fees Schedule
- Gain Loss Sale Other Assets Sch
- Investments Corp Stock Schedule
- Legal Fees Schedule
- Other Assets Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Increases Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2019-08-09T13:06:30-05:00 | ReturnTs |
| Tax Period End | 2018-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 113423262 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MARTIN R GROPPER CPA PC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 200 HEMPSTEAD AVE | AddressLine1Txt |
| City | LYNBROOK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 115631610 | 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 | 471089574 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GARCIA FAMILY FOUNDATION FOR ART | BusinessNameLine1Txt |
| Business Name Line2 | CULTURE AND EDUCATION C/O ARONS | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | GARC | BusinessNameControlTxt |
| Phone | 2126821800 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 605 THIRD AVE 16TH FLOOR | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10158 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | RENATA SANTIAGO ORPHAO GARCIA | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 2126821800 | PhoneNum |
| Signature | 2019-08-09 | SignatureDt |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | MARTIN R GROPPER | PreparerPersonNm |
| PTIN | P00030941 | PTIN |
| Phone | 5168723500 | PhoneNum |
| Preparation | 2019-08-09 | PreparationDt |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 96.56.9.244 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2019-08-09 | IPDt |
| IP Tm | 13:06:30 | IPTm |
| IP Timezone | CD | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | E68A9B388534952BC5ABAAE2D29961247E44CA42 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 27A6D4930C4C05E060C7C570528BF85319EB6F24 | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2018 | TaxYr |
| Build TS | 2019-02-21 02:37:17Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $6,064,737 | 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 | $200,000 | ContriRcvdRevAndExpnssAmt |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $6,122 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $6,122 | InterestOnSavNetInvstIncmAmt |
| Interest On Savings Adj Net Incm | $6,122 | InterestOnSavingsAdjNetIncmAmt |
| Dividends Rev And Expnss | $242,884 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $242,884 | DividendsNetInvstIncmAmt |
| Dividends Adj Net Incm | $242,884 | DividendsAdjNetIncmAmt |
| Net Gain Sale Ast Rev And Expnss | -$174,351 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $1,317,789 | GrossSalesPriceAmt |
| Total Rev And Expnss | $274,655 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $249,006 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $249,006 | TotalAdjNetIncmAmt |
| Legal Fees Rev And Expnss | $36,126 | LegalFeesRevAndExpnssAmt |
| Legal Fees Adj Net Incm | $36,126 | LegalFeesAdjNetIncmAmt |
| Accounting Fees Rev And Expnss | $4,550 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Adj Net Incm | $4,550 | AccountingFeesAdjNetIncmAmt |
| Other Prof Fees Rev And Expnss | $10,869 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Adj Net Incm | $4,869 | OtherProfFeesAdjNetIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $6,000 | OtherProfFeesDsbrsChrtblAmt |
| Interest Rev And Expnss | $311 | InterestRevAndExpnssAmt |
| Interest Adj Net Incm | $311 | InterestAdjNetIncmAmt |
| Taxes Rev And Expnss | $36,751 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $36,751 | TaxesNetInvstIncmAmt |
| Occupancy Rev And Expnss | $6,044 | OccupancyRevAndExpnssAmt |
| Occupancy Adj Net Incm | $6,044 | OccupancyAdjNetIncmAmt |
| Other Expenses Rev And Expnss | $45,377 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $4,732 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $1,056 | OtherExpensesAdjNetIncmAmt |
| Other Expenses Dsbrs Chrtbl | $39,589 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $140,028 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $41,483 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $52,956 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $45,589 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $975,519 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $975,519 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,115,547 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $41,483 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $52,956 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,021,108 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$840,892 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $207,523 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $196,050 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $557,644 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $1,183,234 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $1,183,234 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $7,264,160 | CorporateStockBOYAmt |
| Corporate Stock EOY | $4,873,480 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $4,873,480 | CorporateStockEOYFMVAmt |
| Other Assets EOY | $8,023 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $8,023 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $7,821,804 | TotalAssetsBOYAmt |
| Total Assets EOY | $6,064,737 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $6,064,737 | TotalAssetsEOYFMVAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
| Unrestricted BOY | $3,458,204 | UnrestrictedBOYAmt |
| Unrestricted EOY | $2,112,597 | UnrestrictedEOYAmt |
| Temporarily Restricted BOY | $4,363,600 | TemporarilyRestrictedBOYAmt |
| Temporarily Restricted EOY | $3,952,140 | TemporarilyRestrictedEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $7,821,804 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $6,064,737 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $7,821,804 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $6,064,737 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $7,821,804 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$840,892 | ExcessRevenueOverExpensesAmt |
| Other Increases | $2,300,272 | OtherIncreasesAmt |
| Subtotal | $9,281,184 | SubtotalAmt |
| Other Decreases | $3,216,447 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $6,064,737 | TotNetAstOrFundBalancesEOYAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $895,579 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $4,074,634 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.219794 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $1,085,037 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $5,071,066 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.213966 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $642,499 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $2,955,748 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.217373 | DistributionYr3Rt |
| Total Distribution | 0.651133 | TotalDistributionRt |
| Average Distribution | 0.217044 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $2,622,609 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $569,222 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $2,075 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $571,297 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $1,021,108 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Ruling Letter | 2014-07-08 | RulingLetterDt |
| Domestic Org Meeting Sect4940e | Yes (X) | DomesticOrgMeetingSect4940eInd |
| Investment Income Excise Tax | $2,075 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $2,075 | SubtotalAmt |
| Tax Based On Investment Income | $2,075 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $3,000 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $2,000 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $5,000 | TotalPaymentsAndCreditsAmt |
| Overpayment | $2,925 | OverpaymentAmt |
| Applied To ES Tax | $2,925 | AppliedToESTaxAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | NY | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | Yes (true) | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | MARTIN GROPPER | IndividualWithBooksNm |
| Phone | 5168723500 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 200 HEMPSTEAD AVE | AddressLine1Txt |
| City | LYNBROOK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 11563 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 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 |
|---|---|---|---|---|---|---|---|---|
| RENATA SANTIAGO ORPHAO GARCIA | ||||||||
| 944 PARK AVE | NEW YORK | NY | 10019 | PRESIDENT | 000.00 | $0 | $0 | $0 |
| CLAUDIO MONIZ BARRETO GARCIA | ||||||||
| 944 PARK AVE | NEW YORK | NY | 10019 | TREASURER | 000.00 | $0 | $0 | $0 |
| MARIA ISABEL GARCIA DOS SANTOS NIVA | ||||||||
| 675 THIRD AVE | NEW YORK | NY | 10017 | SECRETARY | 000.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | RAISE, MANAGE,OVERSEE AND DISBURSE FUNDS FOR THE DEVELOPMENT, PROMOTION, PRESERVATION AND DISSEMINATION OF CULTURAL, EDUCATIONAL AND ARTISTIC TRADITIONAL AND INSTITUTIONS IN THE UNITED STAATES AND REPUBLIC OF BRAZIL. TO PROTECT, PRESERVE AND INTRODUCE YOUNG PEOPLE TO ART, CULTURE AND EDUCATION AND TO COMMIT RESOURCES TO INSTITUTIONS SUPPORTING THE CAUSE. | Description1Txt |
| Expenses1 | $1 | Expenses1Amt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | N/A | Description1Txt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $1,530,072 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $1,132,475 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $2,662,547 | TotalFMVOfUnusedAssetsAmt |
| Adjusted Total FMV Of Unused Ast | $2,662,547 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $39,938 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $2,622,609 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $131,130 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sect4942j3j5 Fndtn And Frgn Org | Yes (X) | Sect4942j3j5FndtnAndFrgnOrgInd |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,021,108 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $1,021,108 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $2,075 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $1,019,033 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Qualifying Distributions | $1,021,108 | QualifyingDistributionsAmt |
| Remaining Distri From Corpus | $1,021,108 | RemainingDistriFromCorpusAmt |
| Total Corpus | $1,021,108 | TotalCorpusAmt |
Private Operating Foundations PrivateOperatingFoundationsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Section4942j3 | Yes (X) | Section4942j3Ind |
Lessor Adj Net Incm Min Invst Ret LessorAdjNetIncmMinInvstRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $131,130 | CurrentYearAmt |
| Year1 | $180,324 | Year1Amt |
| Year2 | $173,793 | Year2Amt |
| Year3 | $44,588 | Year3Amt |
| Total | $529,835 | TotalAmt |
Pct85 Lessor Adj Incm Or Min Ret Pct85LessorAdjIncmOrMinRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $111,461 | CurrentYearAmt |
| Year1 | $153,275 | Year1Amt |
| Year2 | $147,724 | Year2Amt |
| Year3 | $37,900 | Year3Amt |
| Total | $450,360 | TotalAmt |
Qualifying Distributions QualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $1,021,108 | CurrentYearAmt |
| Year1 | $898,484 | Year1Amt |
| Year2 | $1,085,037 | Year2Amt |
| Year3 | $642,499 | Year3Amt |
| Total | $3,647,128 | TotalAmt |
Qualifying Distri Made Drt QualifyingDistriMadeDrtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $1,021,108 | CurrentYearAmt |
| Year1 | $898,484 | Year1Amt |
| Year2 | $1,085,037 | Year2Amt |
| Year3 | $642,499 | Year3Amt |
| Total | $3,647,128 | TotalAmt |
Two Thirds Minimum Invst Ret TwoThirdsMinimumInvstRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $87,420 | CurrentYearAmt |
| Year1 | $135,821 | Year1Amt |
| Year2 | $169,035 | Year2Amt |
| Year3 | $98,525 | Year3Amt |
| Total | $490,801 | TotalAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | NICOLAS ARONS | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 975 THIRD AVE | AddressLine1Txt |
| Address Line2 | 26TH FLOOR | AddressLine2Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10017 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 2126821800 | RecipientPhoneNum |
| Recipient Email Address | NARONS@GHSKLAW.COM | RecipientEmailAddressTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (33 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line2RecipientUSAddress/AddressLine2Txt | Business Name Line2RecipientBusinessName/BusinessNameLine2Txt |
|---|---|---|---|---|---|---|---|
| BRAZILFOUNDATION | |||||||
| 345 SEVENTH AVE STE 1401 | NEW YORK | NY | 10001 | CHARITABLE PROJECT | $30,000 | ||
| CENTRAL PARK CONSERVANCY | |||||||
| 14 EAST 60TH ST | NEW YORK | NY | 10022 | CHARITABLE PROJECT | $5,000 | ||
| CONVENT OF THE SACRED HEART | |||||||
| 1 EAST 91ST ST | NEW YORK | NY | 10128 | SCHOLARSHIP ASSIST | $50,000 | ||
| THE DALTON SCHOOL | |||||||
| 108 E89TH ST | NEW YORK | NY | 10128 | SCHOLARSHIP ASSIST | $50,000 | ||
| RIVERDALE COUNTRY SCHOOL | |||||||
| 5250 FIELDSTON ROAD | BRONX | NY | 10471 | CHARITABLE PROJECT | $100,000 | ||
| THE BUCKLEY SCHOOL | |||||||
| 113 E73RD ST | NEW YORK | NY | 10021 | CHARITABLE PROJECT | $25,022 | ||
| THE CHAPIN SCHOOL | |||||||
| 100 EAST END AVE | NEW YORK | NY | 10028 | SCHOLARSHIP ASSIST | $4,378 | ||
| THE ICLA DA SILVA FOUNDATION | |||||||
| 11-49 47TH AVE 2ND FL | LONG ISLAND CITY | NY | 11101 | CHARITABLE PROJECT | $45,440 | ||
| THE METROPOLITAN MUSEUM OF ART | |||||||
| 1000 FIFTH AVE | NEW YORK | NY | 10028 | CHARITABLE PROJECT | $1,475 | ||
| THE RESOURCE FOUNDATION | |||||||
| 237 W 35TH ST STE 1203 | NEW YORK | NY | 10001 | CHARITABLE PROJECT | $5,000 | ||
| THE SCHOOL FOR AMERICAN BALLET | |||||||
| LINCOLN CENTER PERFORMING | NEW YORK | NY | 10023 | CHARITABLE PROJECT | $46,500 | 70 LINCOLN CTR PLZ | |
| THE SCHOOL FOR AMERICAN BALLET | |||||||
| LINCOLN CENTER PERFORMING | NEW YORK | NY | 10023 | CHARITABLE PROJECT | $12,000 | 70 LINCOLN CTR PLZ | |
| WHITNEY MUSEUM OF | |||||||
| 99 GANSEVOORT ST | NEW YORK | NY | 10014 | CHARITABLE PROJECT | $15,000 | AMERICAN ART | |
| CHESS IN THE SCHOOLS | |||||||
| 520 EIGHTH AVE | NEW YORK | NY | 10018 | CHARITABLE PROJECT | $15,000 | 2ND FL | |
| CHESS IN THE SCHOOLS | |||||||
| 520 EIGHTH AVE | NEW YORK | NY | 10018 | CHARITABLE PROJECT | $15,000 | 2ND FL | |
| PARK CHILDREN'S DAY SCHOOL | |||||||
| 4 WEST 76TH ST | NEW YORK | NY | 10023 | CHARITABLE PROJECT | $10,000 | ||
| ROGER FEDERER CHARITABLE FUND | |||||||
| 6 EAST 43RD ST | NEW YORK | NY | 10017 | CHARITABLE PROJECT | $100,000 | ||
| CITYMEALS | |||||||
| 355 LEXINGTON AVE | NEW YORK | NY | 10017 | CHARITABLE PROJECT | $9,200 | ||
| JOSEPH ALEFFI | |||||||
| 355 LEXINGTON AVE | NEW YORK | NY | 10017 | CHARITABLE PROJECT | $30,000 | ||
| HARVARD FACULTY OF ARTS AND SCIENCE | |||||||
| UNIVERSITY HALL | CAMBRIDGE | MA | 02138 | CHARITABLE PROJECT | $33,500 | ||
| WILDLIFE CONSERVATION SOCIETY | |||||||
| 2300 SOUTHERN BLVD | BRONX | NY | 10460 | CHARITABLE PROJECT | $2,500 | ||
| THE METROPOLITAN MUSEUM OF ART | |||||||
| 1000 FIFTH AVE | NEW YORK | NY | 10028 | CHARITABLE PROJECT | $1,700 | ||
| PREP FOR PREP LILAC BALL | |||||||
| 328 WEST 71ST ST | NEW YORK | NY | 10023 | CHARITABLE PROJECT | $4,566 | ||
| MARYMOUNT SCHOOL OF NEW YORK | |||||||
| 1026 FIFTH AVE | NEW YORK | NY | 10028 | CHARITABLE PROJECT | $4,250 | ||
| ALLIANCE FOR YOUNG ARTIST | |||||||
| 557 BROADWAY | NEW YORK | NY | 10012 | CHARITABLE PROJECT | $40,000 | ||
| THE METROPOLITAN MUSEUM OF ART | |||||||
| 1000 FIFTH AVE | NEW YORK | NY | 10028 | CHARITABLE PROJECT | $600 | ||
| UKA VENTURES | |||||||
| 40 WEST 20TH ST | NEW YORK | NY | 10011 | CHARITABLE PROJECT | $60,000 | 7TH FL | TOGETHER EDUCATION INC |
| BRAZILFOUNDATION | |||||||
| 345 SEVENTH AVE STE 1401 | NEW YORK | NY | 10001 | CHARITABLE PROJECT | $22,000 | ||
| FELIPE ALVES PERIERA | |||||||
| 605 THIRD AVE | NEW YORK | NY | 10158 | EDUCATIONAL SCHOLARSHIP | $15,000 | 16TH FL | C/O KATSKY/KORINS |
| GENERATIONYOUEMPLOYED INC | |||||||
| 1200 19TH ST NW | WASHINGTON DC | DC | 20036 | CHARITABLE PROJECT | $200,000 | STE 910 | |
| CENTRAL PARK CONSERVANCY | |||||||
| 14 EAST 60TH ST | NEW YORK | NY | 10022 | CHARITABLE PROJECT | $5,000 | ||
| CENTRAL PARK CONSERVANCY | |||||||
| 14 EAST 60TH ST | NEW YORK | NY | 10022 | CHARITABLE PROJECT | $13,000 | ||
| RIVERDALE COUNTRY DAY SCHOOL | |||||||
| 5250 FIELDSTON AVE | BRONX | NY | 10471 | CHARITABLE PROJECT | $4,388 | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $975,519 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $6,122 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $242,884 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | -$174,351 | RelatedOrExemptFunctionIncmAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $249,006 | ExclusionAmt |
| Related Or Exempt Function Incm | -$174,351 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $74,655 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amt | $4,550 | Amt |
| Adjusted Net Income | $4,550 | AdjustedNetIncomeAmt |
Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch
Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp (2 entries)
| AssetAssetDesc | AcquiredAcquiredDt | How AcquiredHowAcquiredTxt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | BasisBasisAmt | Total NetTotalNetAmt |
|---|---|---|---|---|---|---|
| 6000SHS ANHEUSER BUSCH | 2015-06 | PURCHASE | 2018-03 | $659,318 | $721,380 | -$62,062 |
| 6000SHS ANHEUSER BUSCH | 2020-11 | PURCHASE | 2018-03 | $658,471 | $770,760 | -$112,289 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY Book Value | $4,873,480 | EOYBookValueAmt |
| EOYFMV | $4,873,480 | EOYFMVAmt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legal Fees | $36,126 | LegalFeesAmt |
| Adjusted Net Income | $36,126 | AdjustedNetIncomeAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | FOREIGN TAX RECEIVABLE | Desc |
| EOY Book Value | $8,023 | EOYBookValueAmt |
| EOYFMV | $8,023 | EOYFMVAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail (4 entries)
| DescDesc | AmtAmt |
|---|---|
| NON DEDUCTIBLE PORTION OF CONTRIBUTIONS | $15,714 |
| IRS APPLICATION FEE | $1,000 |
| UNREALIZED LOSS ON STOCK | $3,198,811 |
| FEDERAL TAX | $922 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (7 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| EXPENSES | ||||
| OFFICE EXPENSE | ||||
| PAYROLL FEES | $122 | $122 | ||
| BANK FEES | $4,732 | $4,732 | ||
| INSURANCE | $934 | $934 | ||
| WEBSITE | $12,369 | $12,369 | ||
| ADVERTISING | $27,220 | $27,220 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | INCREASE IN TEMP RESTRICTED ASSETS | Desc |
| Amt | $2,300,272 | Amt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amt | $10,869 | Amt |
| Adjusted Net Income | $4,869 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $6,000 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| FOREIGN TAX PAID | $36,476 | $36,476 |
| NYS FILING FEE | $275 | $275 |
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