BETA

AROUND FOUNDATION: Form 990PF, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
AROUND FOUNDATION (EIN 11-3377271)
Tax period
2024-05-01 to 2025-04-30
Filed
2025-11-07
IRS object ID
202533119349100018
Schema version
2024v5.0
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)
Return2025-11-07T09:40:02-05:00ReturnTs
Tax Period End2025-04-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1BARRY R CHARLES CPA PCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1280 N CENTRAL AVE STE 314AddressLine1Txt
CityHARTSDALECityNm
State AbbreviationNYStateAbbreviationCd
ZIP105301839ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2024-05-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN113377271EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE AROUND FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlAROUBusinessNameControlTxt
Phone2123624536PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1C/O J GLEICK 1965 BROADWAY 20BAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10023ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJAMES GLEICKPersonNm
Person TitleTRUSTEEPersonTitleTxt
Phone2123624536PhoneNum
Signature2025-11-04SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrfalseIRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonBARRY R CHARLES CPAPreparerPersonNm
PTINP01493641PTIN
Phone9149976431PhoneNum
Preparation2025-11-07PreparationDt
Self EmployedYes (X)SelfEmployedInd
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$9,840,334FMVAssetsEOYAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$3,564,064ContriRcvdRevAndExpnssAmt
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Dividends Rev And Expnss$242,351DividendsRevAndExpnssAmt
Dividends Net Invst Incm$242,351DividendsNetInvstIncmAmt
Dividends Adj Net Incm$242,351DividendsAdjNetIncmAmt
Net Gain Sale Ast Rev And Expnss$2,814,115NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$5,220,845GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$2,814,115CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$6,620,530TotalRevAndExpnssAmt
Total Net Invst Incm$3,056,466TotalNetInvstIncmAmt
Total Adj Net Incm$242,351TotalAdjNetIncmAmt
Accounting Fees Rev And Expnss$3,200AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$3,200AccountingFeesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss$3,200TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$3,200TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$1,523,751ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$1,523,751ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$1,526,951TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$3,200TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$1,523,751TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$5,093,579ExcessRevenueOverExpensesAmt
Net Investment Income$3,053,266NetInvestmentIncomeAmt
Adjusted Net Income$242,351AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY-$604,299CashBOYAmt
Cash EOY$3,934,611CashEOYAmt
Cash EOYFMV$3,934,611CashEOYFMVAmt
Corporate Stock BOY$662,312CorporateStockBOYAmt
Corporate Stock EOY$1,819,653CorporateStockEOYAmt
Corporate Stock EOYFMV$3,187,500CorporateStockEOYFMVAmt
Other Investments BOY$2,352,648OtherInvestmentsBOYAmt
Other Investments EOY$1,749,976OtherInvestmentsEOYAmt
Other Investments EOYFMV$2,718,223OtherInvestmentsEOYFMVAmt
Total Assets BOY$2,410,661TotalAssetsBOYAmt
Total Assets EOY$7,504,240TotalAssetsEOYAmt
Total Assets EOYFMV$9,840,334TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Retained Earning BOY$2,410,661RetainedEarningBOYAmt
Retained Earning EOY$7,504,240RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$2,410,661TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$7,504,240TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$2,410,661TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$7,504,240TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$2,410,661TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$5,093,579ExcessRevenueOverExpensesAmt
Subtotal$7,504,240SubtotalAmt
Tot Net Ast Or Fund Balances EOY$7,504,240TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp

FieldValueIRS element (for citing)
Property23,000SH APPLE INCPropertyDesc
How AcquiredDHowAcquiredCd
Gross Sales Price$5,215,841GrossSalesPriceAmt
Cost Or Other Basis$2,406,730CostOrOtherBasisAmt
Gain Or Loss$2,809,111GainOrLossAmt
Gains Minus Excess Or Losses$2,809,111GainsMinusExcessOrLossesAmt
FieldValueIRS element (for citing)
Capital Gain Net Income$2,814,115CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$42,440InvestmentIncomeExciseTaxAmt
Subtotal$42,440SubtotalAmt
Tax Based On Investment Income$42,440TaxBasedOnInvestmentIncomeAmt
Tax Due$42,440TaxDueAmt

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 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
Individual With BooksJAMES GLEICKIndividualWithBooksNm
Phone2123624536PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line11965 BROADWAY 20BAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10023ZIPCd
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 OrganizationsYes (true)GrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Transactions Fail To Qlfy As ExcfalseTransactionsFailToQlfyAsExcInd
Maintained Expenditure RspnsYes (true)MaintainedExpenditureRspnsInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
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 PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
JAMES GLEICK
1965 BROADWAY 20BNEW YORKNY10023TRUSTEE000.00$0$0$0
CYNTHIA CROSSEN
1965 BROADWAY 20BNEW YORKNY10023TRUSTEE000.00$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$5,887,573AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$3,419,243AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$9,306,816TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$9,306,816AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$139,602CashDeemedCharitableAmt
Net Vl Noncharitable Assets$9,167,214NetVlNoncharitableAssetsAmt
Minimum Investment Return$458,361MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$458,361MinimumInvestmentReturnAmt
Tax Based On Investment Income$42,440TaxBasedOnInvestmentIncomeAmt
Total Tax$42,440TotalTaxAmt
Distributable Before Adj$415,921DistributableBeforeAdjAmt
Distributable Before Ded$415,921DistributableBeforeDedAmt
Distributable As Adjusted$415,921DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$1,523,751ExpensesAndContributionsAmt
Qualifying Distributions$1,523,751QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$415,921DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$535,778ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$191,530ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$1,635,736ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$850,967ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$1,124,185ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$4,338,196TotalExcessDistributionCyovAmt
Qualifying Distributions$1,523,751QualifyingDistributionsAmt
Applied To Current Year$415,921AppliedToCurrentYearAmt
Remaining Distri From Corpus$1,107,830RemainingDistriFromCorpusAmt
Total Corpus$5,446,026TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$535,778ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$4,910,248ExcessDistriCyovToNextYrAmt
Excess From Year4$191,530ExcessFromYear4Amt
Excess From Year3$1,635,736ExcessFromYear3Amt
Excess From Year2$850,967ExcessFromYear2Amt
Excess From Year1$1,124,185ExcessFromYear1Amt
Excess From Current Year$1,107,830ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerJAMES GLEICK CYNTHIA CROSSEN JT WROContributingManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp

FieldValueIRS element (for citing)
Recipient PersonNUMEROUS CHARITIESRecipientPersonNm

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line1VARIOUSAddressLine1Txt
Address Line2VARIOUSAddressLine2Txt
CityVARIOUSCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10023ZIPCd
FieldValueIRS element (for citing)
Recipient RelationshipNONERecipientRelationshipTxt
Recipient Foundation StatusNONERecipientFoundationStatusTxt
Grant Or Contribution PurposeCHARITABLEGrantOrContributionPurposeTxt
Amt$1,523,751Amt
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$1,523,751TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$242,351ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion$5,004ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$247,355ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$247,355TotalIncomeProducingActyAmt

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 (2 entries)

CategoryCategoryTxtAmtAmtNet Investment IncomeNetInvestmentIncomeAmt
ACCOUNTING & TAX PREPARATION-
BARRY R. CHARLES, CPA P.C.$3,200$3,200

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

FieldValueIRS element (for citing)
StockCORPORATE STOCKStockNm
EOY Book Value$1,819,653EOYBookValueAmt
EOYFMV$3,187,500EOYFMVAmt

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp

FieldValueIRS element (for citing)
Category Or ItemEQUITY MUTUAL FUNDSCategoryOrItemTxt
Listed At Cost Or FMVAT COSTListedAtCostOrFMVCd
Book Value$1,749,976BookValueAmt
EOYFMV$2,718,223EOYFMVAmt

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