FRADIN FAMILY FOUNDATION: Form 990PF, tax year 2017

View the entire original 990 at ProPublica ↗

Organization
FRADIN FAMILY FOUNDATION (EIN 05-0481553)
Tax period
2017-10-01 to 2018-09-30
Filed
2018-11-14
IRS object ID
201803189349102525
Schema version
2017v2.3
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)
Return2018-11-14T14:24:39-05:00ReturnTs
Tax Period End2018-09-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN050391857PreparerFirmEIN

Preparer Firm Name PreparerFirmName

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

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line127 DRYDEN LANEAddressLine1Txt
CityPROVIDENCECityNm
State AbbreviationRIStateAbbreviationCd
ZIP02904ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2017-10-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN050481553EIN

Business Name BusinessName

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

US Address USAddress

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

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonFRANK G HALPERPersonNm
Person TitleTREASURERPersonTitleTxt
Phone4013316851PhoneNum
Signature2018-10-25SignatureDt

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJAY N ROSENSTEIN CPAPreparerPersonNm
PTINP00083146PTIN
Phone4013316851PhoneNum
Preparation2018-10-25PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address96.238.18.36IPv4AddressTxt
FieldValueIRS element (for citing)
IP2018-11-14IPDt
IP Tm13:24:39IPTm
IP TimezoneCSIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device Id6F6D9D8077A73AB518AB5616FFA3BFF994784295AtSubmissionCreationDeviceId
At Submission Filing Device Id1415FF5D11BD25A786B91B21BE506E8A886EA0FBAtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2017TaxYr
Build TS2019-02-21 02:37:17ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$211,953FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss$3,985InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$3,985InterestOnSavNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$12,064NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$180,045GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$12,064CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$16,049TotalRevAndExpnssAmt
Total Net Invst Incm$16,049TotalNetInvstIncmAmt
Accounting Fees Rev And Expnss$963AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$963AccountingFeesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss$963TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$963TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$30,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$30,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$30,963TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$963TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$30,000TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$14,914ExcessRevenueOverExpensesAmt
Net Investment Income$15,086NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$54,063CashBOYAmt
Cash EOY$9,579CashEOYAmt
Cash EOYFMV$9,579CashEOYFMVAmt
Corporate Stock BOY$167,981CorporateStockBOYAmt
Corporate Stock EOY$202,374CorporateStockEOYAmt
Corporate Stock EOYFMV$202,374CorporateStockEOYFMVAmt
Total Assets BOY$222,044TotalAssetsBOYAmt
Total Assets EOY$211,953TotalAssetsEOYAmt
Total Assets EOYFMV$211,953TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind
Unrestricted BOY$222,044UnrestrictedBOYAmt
Unrestricted EOY$211,953UnrestrictedEOYAmt
Tot Net Ast Or Fund Balances BOY$222,044TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$211,953TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$222,044TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$211,953TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$222,044TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$14,914ExcessRevenueOverExpensesAmt
Other Increases$4,823OtherIncreasesAmt
Subtotal$211,953SubtotalAmt
Tot Net Ast Or Fund Balances EOY$211,953TotNetAstOrFundBalancesEOYAmt

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
METLIFEP2017-08-112018-01-22$39,296$38,287$1,009$1,009
MANULIFEP2017-08-012018-01-22$140,749$129,694$11,055$11,055
FieldValueIRS element (for citing)
Capital Gain Net Income$12,064CapitalGainNetIncomeAmt
Net Short Term Capital Gain Loss$12,064NetShortTermCapitalGainLossAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$164,989AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$131,162NetVlNoncharitableAssetsYr1Amt
Distribution Yr11.257902DistributionYr1Rt
Adjusted Qlfy Distri Yr2$25,000AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$63,076NetVlNoncharitableAssetsYr2Amt
Distribution Yr20.396347DistributionYr2Rt
Adjusted Qlfy Distri Yr3$29,000AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$69,028NetVlNoncharitableAssetsYr3Amt
Distribution Yr30.420119DistributionYr3Rt
Adjusted Qlfy Distri Yr4$82,500AdjustedQlfyDistriYr4Amt
Adjusted Qlfy Distri Yr5$16,000AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5$50,703NetVlNoncharitableAssetsYr5Amt
Distribution Yr50.315563DistributionYr5Rt
Total Distribution2.389931TotalDistributionRt
Average Distribution0.597483AverageDistributionRt
Net Vl Noncharitable Assets$200,842NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$120,000AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct$151NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$120,151AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$30,000QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$302InvestmentIncomeExciseTaxAmt
Subtotal$302SubtotalAmt
Tax Based On Investment Income$302TaxBasedOnInvestmentIncomeAmt
Tax Due$302TaxDueAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateRIOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt
Individual With BooksFRANK HALPERIndividualWithBooksNm
Phone4013316851PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

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

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Undistributed Income PYfalseUndistributedIncomePYInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
CHARLES S FRADIN
27 DRYDEN LANE C/O ROSENSTEINPROVIDENCERI02904SECRETARY2.00$0$0$0
FRANK G HALPER
145 SUMMIT AVEPROVIDENCERI02906TREASURER2.00$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Description1N/ADescription1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$141,644AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$62,257AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$203,901TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$203,901AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$3,059CashDeemedCharitableAmt
Net Vl Noncharitable Assets$200,842NetVlNoncharitableAssetsAmt
Minimum Investment Return$10,042MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$10,042MinimumInvestmentReturnAmt
Tax Based On Investment Income$302TaxBasedOnInvestmentIncomeAmt
Total Tax$302TotalTaxAmt
Distributable Before Adj$9,740DistributableBeforeAdjAmt
Distributable Before Ded$9,740DistributableBeforeDedAmt
Distributable As Adjusted$9,740DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

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

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$9,740DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$13,465ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$82,500ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$25,549ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$21,846ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$158,453ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$301,813TotalExcessDistributionCyovAmt
Qualifying Distributions$30,000QualifyingDistributionsAmt
Applied To Current Year$9,740AppliedToCurrentYearAmt
Remaining Distri From Corpus$20,260RemainingDistriFromCorpusAmt
Total Corpus$322,073TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$13,465ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$308,608ExcessDistriCyovToNextYrAmt
Excess From Year4$82,500ExcessFromYear4Amt
Excess From Year3$25,549ExcessFromYear3Amt
Excess From Year2$21,846ExcessFromYear2Amt
Excess From Year1$158,453ExcessFromYear1Amt
Excess From Current Year$20,260ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerCHARLES S FRADINContributingManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Application Submission Info ApplicationSubmissionInfoGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp

FieldValueIRS element (for citing)
Recipient PersonJEWISH ALLIANCE OF RIRecipientPersonNm

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line1401 ELMGROVE AVENUEAddressLine1Txt
CityPROVIDENCECityNm
State AbbreviationRIStateAbbreviationCd
ZIP02906ZIPCd
FieldValueIRS element (for citing)
Recipient Foundation StatusPUBLICRecipientFoundationStatusTxt
Grant Or Contribution PurposeGENERALGrantOrContributionPurposeTxt
Amt$30,000Amt
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$30,000TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$3,985ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$12,064ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$16,049ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$16,049TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryTAX PREP FEE/INV FEECategoryTxt
Amt$963Amt
Net Investment Income$963NetInvestmentIncomeAmt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (6 entries)

StockStockNmEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
MANULIFE FINANCIAL CORP
METLIFE INC
ISHARES CORE MCSI$55,301$55,301
I SHARES CORE S & P$10,266$10,266
ISHARES INC CORE$14,498$14,498
VANGIARD INDEX FDS SP 500$122,309$122,309

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail

FieldValueIRS element (for citing)
DescUNREALIZED APPRECIATION OF INVESTMENTSDesc
Amt$4,823Amt

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