BETA

BARER FAMILY FOUNDATION INC: Form 990PF, tax year 2017

View the entire original 990 at ProPublica ↗

Organization
BARER FAMILY FOUNDATION INC (EIN 20-3972085)
Tax period
2017-01-01 to 2017-12-31
Filed
2018-06-04
IRS object ID
201801559349100005
Schema version
2017v2.2
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)
Return2018-06-04T09:26:00-05:00ReturnTs
Tax Period End2017-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN131610809PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1FRIEDMAN LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1100 EAGLE ROCK AVENUE STE 200AddressLine1Txt
CityEAST HANOVERCityNm
State AbbreviationNJStateAbbreviationCd
ZIP07936ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2017-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN203972085EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1BARER FAMILY FOUNDATION INCBusinessNameLine1Txt
Business Name Line2C/O DR SOL J BARERBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlBAREBusinessNameControlTxt
Phone9086739153PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line12 BARER LANEAddressLine1Txt
CityMENDHAMCityNm
State AbbreviationNJStateAbbreviationCd
ZIP07945ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonOFFICERPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone9086739153PhoneNum
Signature2018-05-21SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonBRIAN KRISTIANSENPreparerPersonNm
PTINP01298239PTIN
Phone9739293500PhoneNum
FieldValueIRS element (for citing)
Tax2017TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$716,179FMVAssetsEOYAmt
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$985InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$985InterestOnSavNetInvstIncmAmt
Cap Gain Net Incm Net Invst Incm$0CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$985TotalRevAndExpnssAmt
Total Net Invst Incm$985TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$0CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Net Invst Incm$0CompOfcrDirTrstNetInvstIncmAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl$0CompOfcrDirTrstDsbrsChrtblAmt
Taxes Rev And Expnss$14,400TaxesRevAndExpnssAmt
Taxes Net Invst Incm$0TaxesNetInvstIncmAmt
Taxes Dsbrs Chrtbl$0TaxesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$14,400TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$578,425ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$578,425ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$592,825TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$578,425TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$591,840ExcessRevenueOverExpensesAmt
Net Investment Income$985NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$1,308,019CashBOYAmt
Cash EOY$716,179CashEOYAmt
Cash EOYFMV$716,179CashEOYFMVAmt
Total Assets BOY$1,308,019TotalAssetsBOYAmt
Total Assets EOY$716,179TotalAssetsEOYAmt
Total Assets EOYFMV$716,179TotalAssetsEOYFMVAmt
Total Liabilities BOY$0TotalLiabilitiesBOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow SFAS117Yes (X)OrgDoesNotFollowSFAS117Ind
Capital Stock BOY$0CapitalStockBOYAmt
Capital Stock EOY$0CapitalStockEOYAmt
Additional Paid In Capital BOY$0AdditionalPaidInCapitalBOYAmt
Additional Paid In Capital EOY$0AdditionalPaidInCapitalEOYAmt
Retained Earning BOY$1,308,019RetainedEarningBOYAmt
Retained Earning EOY$716,179RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$1,308,019TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$716,179TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$1,308,019TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$716,179TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$1,308,019TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$591,840ExcessRevenueOverExpensesAmt
Other Increases$0OtherIncreasesAmt
Subtotal$716,179SubtotalAmt
Other Decreases$0OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY$716,179TotNetAstOrFundBalancesEOYAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 Tax0LiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$348,983AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$1,499,312NetVlNoncharitableAssetsYr1Amt
Distribution Yr10.232762DistributionYr1Rt
Adjusted Qlfy Distri Yr2$200,008AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$984,576NetVlNoncharitableAssetsYr2Amt
Distribution Yr20.203141DistributionYr2Rt
Adjusted Qlfy Distri Yr3$164,113AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$140,311NetVlNoncharitableAssetsYr3Amt
Distribution Yr31.169637DistributionYr3Rt
Adjusted Qlfy Distri Yr4$1,030,651AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4$680,280NetVlNoncharitableAssetsYr4Amt
Distribution Yr41.515039DistributionYr4Rt
Adjusted Qlfy Distri Yr5$174,681AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5$689,093NetVlNoncharitableAssetsYr5Amt
Distribution Yr50.253494DistributionYr5Rt
Total Distribution3.374073TotalDistributionRt
Average Distribution0.674815AverageDistributionRt
Net Vl Noncharitable Assets$1,074,886NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$725,349AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct$10NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$725,359AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$578,425QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$20InvestmentIncomeExciseTaxAmt
Tax Under Section511$0TaxUnderSection511Amt
Subtotal$20SubtotalAmt
Subtitle A Tax$0SubtitleATaxAmt
Tax Based On Investment Income$20TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$0EstimatedPlusOvpmtIncmTxAmt
Extsn Request Income Tax Paid$0ExtsnRequestIncomeTaxPaidAmt
Backup Withholding Withheld$0BackupWithholdingWithheldAmt
Total Payments And Credits$0TotalPaymentsAndCreditsAmt
Es Penalty$0EsPenaltyAmt
Tax Due$20TaxDueAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political Acty0LegislativePoliticalActyInd
More Than100 Spent0MoreThan100SpentInd
Form1120 POL Filed0Form1120POLFiledInd
Section4955 Organization Tax$0Section4955OrganizationTaxAmt
Section4955 Managers Tax$0Section4955ManagersTaxAmt
Tax Reimbursed$0TaxReimbursedAmt
Activities Not Previously Rpt0ActivitiesNotPreviouslyRptInd
Changes To Articles Or Bylaws0ChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Organization Dissolved Etc0OrganizationDissolvedEtcInd
Section508e Rqr Satisfied0Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (1)AtLeast5000InAssetsInd
Org Report Or Register StateNJOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (1)Form990PFFiledWithAttyGenInd
Private Operating Foundation0PrivateOperatingFoundationInd
New Substantial Contributors0NewSubstantialContributorsInd
Own Controlled Entity0OwnControlledEntityInd
Donor Advised Fund0DonorAdvisedFundInd
Comply With Public Insp RqrYes (1)ComplyWithPublicInspRqrInd
Website AddressNONEWebsiteAddressTxt
Individual With BooksSOL J BARERIndividualWithBooksNm
Phone9735436712PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line12 BARER LANEAddressLine1Txt
CityMENDHAMCityNm
State AbbreviationNJStateAbbreviationCd
ZIP07945ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts Question0ForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified Prsn0SaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified Prsn0BrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified Prsn0FurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified Prsn0PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified Prsn0TransferAstDisqualifiedPrsnInd
Payment To Government Official0PaymentToGovernmentOfficialInd
Uncorrected Prior Acts0UncorrectedPriorActsInd
Undistributed Income PY0UndistributedIncomePYInd
Business Holdings0BusinessHoldingsInd
Jeopardy Investments0JeopardyInvestmentsInd
Uncorrected PY Jeopardy Invst0UncorrectedPYJeopardyInvstInd
Influence Legislation0InfluenceLegislationInd
Influence Election0InfluenceElectionInd
Grants To Individuals0GrantsToIndividualsInd
Grants To Organizations0GrantsToOrganizationsInd
Noncharitable Purpose0NoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (5 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
SOL J BARER
2 BARER LANEMENDHAMNJ07945PRESIDENT, TREASURER,TRUST0.00$0$0$0
MERI I BARER
2 BARER LANEMENDHAMNJ07945SECRETARY, TRUSTEE0.00$0$0$0
JENNIFER ZAIRI
20 CALAIS ROADMENDHAMNJ07945TRUSTEE0.00$0$0$0
LORI INGBER
1 BARER LANEMENDHAMNJ07945TRUSTEE0.00$0$0$0
ILYSSA MAISANO
3 BARER LANEMENDHAMNJ07945TRUSTEE0.00$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Other Employee Paid Over50k0OtherEmployeePaidOver50kCnt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt
Contractor Paid Over50k0ContractorPaidOver50kCnt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$0AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$1,091,255AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$1,091,255TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Acquisition Indebtedness$0AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast$1,091,255AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$16,369CashDeemedCharitableAmt
Net Vl Noncharitable Assets$1,074,886NetVlNoncharitableAssetsAmt
Minimum Investment Return$53,744MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$53,744MinimumInvestmentReturnAmt
Tax Based On Investment Income$20TaxBasedOnInvestmentIncomeAmt
Total Tax$20TotalTaxAmt
Distributable Before Adj$53,724DistributableBeforeAdjAmt
Recoveries Qualfied Distri$0RecoveriesQualfiedDistriAmt
Distributable Before Ded$53,724DistributableBeforeDedAmt
Deduction From Distributable$0DeductionFromDistributableAmt
Distributable As Adjusted$53,724DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$578,425ExpensesAndContributionsAmt
Program Related Invst Total$0ProgramRelatedInvstTotalAmt
Qualifying Distributions$578,425QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm$0PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri$578,425AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$53,724DistributableAsAdjustedAmt
Undistributed Income PY$0UndistributedIncomePYAmt
Total For Prior Years$0TotalForPriorYearsAmt
Excess Distribution Cyov Yr5$140,226ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$996,637ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$157,097ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$161,738ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$288,033ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$1,743,731TotalExcessDistributionCyovAmt
Qualifying Distributions$578,425QualifyingDistributionsAmt
Applied To Year1$0AppliedToYear1Amt
Applied To Prior Years$0AppliedToPriorYearsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$53,724AppliedToCurrentYearAmt
Remaining Distri From Corpus$524,701RemainingDistriFromCorpusAmt
Excess Distri Cyov App CY Corpus$0ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY$0ExcessDistributionCyovAppCYAmt
Total Corpus$2,268,432TotalCorpusAmt
Prior Year Undistributed Incm$0PriorYearUndistributedIncmAmt
Prior Year Deficiency Or Tax$0PriorYearDeficiencyOrTaxAmt
Taxable1$0Taxable1Amt
Taxable2$0Taxable2Amt
Undistributed Income CY$0UndistributedIncomeCYAmt
Corpus Distri170b1 E Or4942g3$0CorpusDistri170b1EOr4942g3Amt
Excess Distri Cyov From Yr5$140,226ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$2,128,206ExcessDistriCyovToNextYrAmt
Excess From Year4$996,637ExcessFromYear4Amt
Excess From Year3$157,097ExcessFromYear3Amt
Excess From Year2$161,738ExcessFromYear2Amt
Excess From Year1$288,033ExcessFromYear1Amt
Excess From Current Year$524,701ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerSOL J BARERContributingManagerNm
Contributing ManagerMERI I BARERContributingManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (7 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
AMERICAN FRIENDS OF RAMBAM
420 LEXINGTON AVENUE SUITE 1701NEW YORKNY10170NONEPUBLIC CHARITYPUBLIC WELFARE$165,000
COMBINED JEWISH PHILANTHROPIES
126 HIGHT STREETBOSTONMA02110NONEPUBLIC CHARITYPUBLIC WELFARE$50,000
OVERLOOK FOUNDATION
36 UPPER OVERLOOK ROAD PO BOX 220SUMMITNJ079020220NONEPUBLIC CHARITYPUBLIC WELFARE$104,000
PEF ISRAEL ENDOWMENT FUNDS INC
630 3RD AVENUENEW YORKNY10017NONEPUBLIC CHARITYPUBLIC WELFARE$55,425
RUTGERS UNIVERSITY FOUNDATION
7 COLLEGE AVENEW BRUNSWICKNJ08901NONEPUBLIC CHARITYPUBLIC WELFARE$144,000
TRICKLE UP PROGRAM INC
104 W 27TH STREET 12TH FLNEW YORKNY10001NONEPUBLIC CHARITYPUBLIC WELFARE$20,000
JEWISH FEDERATION OF GREATER METROWEST
901 NJ-10WHIPPANYNJ07981NONEPUBLIC WELFARE$40,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$578,425TotalGrantOrContriPdDurYrAmt
Total Grant Or Contri Apprv Fut$0TotalGrantOrContriApprvFutAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$985ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Unrelated Business Taxbl Incm$0UnrelatedBusinessTaxblIncmAmt
Exclusion$985ExclusionAmt
Related Or Exempt Function Incm$0RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$985TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EO0TrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EO0TrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of Assets0SalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EO0PurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth Assets0RentalOfFacilitiesOthAssetsInd
Reimbursement Arrangements0ReimbursementArrangementsInd
Loans Or Loan Guarantees0LoansOrLoanGuaranteesInd
Performance Of Services Etc0PerformanceOfServicesEtcInd
Sharing Of Facilities Etc0SharingOfFacilitiesEtcInd
Relationships Nonchrtbl EO0RelationshipsNonchrtblEOInd

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryFEDERAL EXCISE TAXCategoryTxt
Amt$14,400Amt
Net Investment Income$0NetInvestmentIncomeAmt
Disbursements Charitable Prps$0DisbursementsCharitablePrpsAmt

Comments

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