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

View the entire original 990 at ProPublica ↗

Organization: OLSTEIN FAMILY FOUNDATION INC (EIN 22-3205036)
Tax period: 2017-01-01 to 2017-12-31
Filed: 2018-06-05
IRS object ID: 201801569349100020
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
Form 990-PF
Taxes Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2018-06-05T15:32:38-04:00	ReturnTs
Tax Period End	2017-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	223079916	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	MAGLIN MISKIV & ASSOCIATES CPA'S PA	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	299 CHERRY HILL RD STE 100	AddressLine1Txt
City	PARSIPPANY	CityNm
State Abbreviation	NJ	StateAbbreviationCd
ZIP	070541111	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnTypeCd
Tax Period Begin	2017-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	223205036	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	OLSTEIN FAMILY FOUNDATION INC	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	OLST	BusinessNameControlTxt
Phone	9732189611	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	CARE OF GOLDFARB 29 SINCLAIR TERR	AddressLine1Txt
City	SHORT HILLS	CityNm
State Abbreviation	NJ	StateAbbreviationCd
ZIP	07078	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	HARRY OLSTEIN	PersonNm
Person Title	CHAIRMAN	PersonTitleTxt
Phone	9732189611	PhoneNum
Signature	2018-05-29	SignatureDt
Discuss With Paid Preparer	Yes (true)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	BARBARA A MISKIV	PreparerPersonNm
PTIN	P00635462	PTIN
Phone	9732633300	PhoneNum
Preparation	2018-06-05	PreparationDt

Field	Value	IRS element (for citing)
Tax	2017	TaxYr
Build TS	2022-09-23 18:48:47Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
FMV Assets EOY	$38,055	FMVAssetsEOYAmt
Method Of Accounting Cash	Yes (X)	MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Field	Value	IRS element (for citing)
Schedule B Not Required	Yes (X)	ScheduleBNotRequiredInd
Dividends Rev And Expnss	$110	DividendsRevAndExpnssAmt
Dividends Net Invst Incm	$110	DividendsNetInvstIncmAmt
Dividends Adj Net Incm	$110	DividendsAdjNetIncmAmt
Total Rev And Expnss	$110	TotalRevAndExpnssAmt
Total Net Invst Incm	$110	TotalNetInvstIncmAmt
Total Adj Net Incm	$110	TotalAdjNetIncmAmt
Taxes Rev And Expnss	$25	TaxesRevAndExpnssAmt
Taxes Dsbrs Chrtbl	$25	TaxesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss	$25	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$0	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$25	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$44,972	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$44,972	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$44,997	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$0	TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl	$44,997	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	-$44,887	ExcessRevenueOverExpensesAmt
Net Investment Income	$110	NetInvestmentIncomeAmt
Adjusted Net Income	$110	AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Sav And Temp Cash Invst BOY	$82,942	SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY	$38,055	SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV	$38,055	SavAndTempCashInvstEOYFMVAmt
Total Assets BOY	$82,942	TotalAssetsBOYAmt
Total Assets EOY	$38,055	TotalAssetsEOYAmt
Total Assets EOYFMV	$38,055	TotalAssetsEOYFMVAmt
Total Liabilities EOY	$0	TotalLiabilitiesEOYAmt
Org Does Not Follow SFAS117	Yes (X)	OrgDoesNotFollowSFAS117Ind
Retained Earning BOY	$82,942	RetainedEarningBOYAmt
Retained Earning EOY	$38,055	RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY	$82,942	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$38,055	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$82,942	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$38,055	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$82,942	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	-$44,887	ExcessRevenueOverExpensesAmt
Subtotal	$38,055	SubtotalAmt
Tot Net Ast Or Fund Balances EOY	$38,055	TotNetAstOrFundBalancesEOYAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

Field	Value	IRS element (for citing)
Liable Section4942 Tax	false	LiableSection4942TaxInd
Adjusted Qlfy Distri Yr1	$20,232	AdjustedQlfyDistriYr1Amt
Adjusted Qlfy Distri Yr2	$54,316	AdjustedQlfyDistriYr2Amt
Adjusted Qlfy Distri Yr3	$48,165	AdjustedQlfyDistriYr3Amt
Adjusted Qlfy Distri Yr4	$31,856	AdjustedQlfyDistriYr4Amt
Adjusted Qlfy Distri Yr5	$38,260	AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets	$37,484	NetVlNoncharitableAssetsAmt
Net Investment Income Pct	$1	NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct	$1	AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions	$44,997	QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Domestic Org Meeting Sect4940e	Yes (X)	DomesticOrgMeetingSect4940eInd
Investment Income Excise Tax	$1	InvestmentIncomeExciseTaxAmt
Subtotal	$1	SubtotalAmt
Tax Based On Investment Income	$1	TaxBasedOnInvestmentIncomeAmt
Tax Due	$1	TaxDueAmt

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	NJ	OrgReportOrRegisterStateCd
Private Operating Foundation	false	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	NONE	WebsiteAddressTxt
Individual With Books	FOUNDATION	IndividualWithBooksNm
Phone	9732189611	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	29 SINCLAIR TERR	AddressLine1Txt
Address Line2	29 SINCLAIR TERR	AddressLine2Txt
City	SHORT HILLS	CityNm
State Abbreviation	NJ	StateAbbreviationCd
ZIP	07078	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

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (2 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
HARRY OLSTEIN
7472 REXFORD RD	BOCA RATON	FL	33434	CHAIRMAN	000.00	$0	$0	$0
NATALIE OLSTEIN
7472 REXFORD RD	BOCA RATON	FL	33434	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

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	$0	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$0	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$38,055	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$38,055	TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast	$38,055	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$571	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$37,484	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$1,874	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Minimum Investment Return	$1,874	MinimumInvestmentReturnAmt
Tax Based On Investment Income	$1	TaxBasedOnInvestmentIncomeAmt
Total Tax	$1	TotalTaxAmt
Distributable Before Adj	$1,873	DistributableBeforeAdjAmt
Distributable Before Ded	$1,873	DistributableBeforeDedAmt
Distributable As Adjusted	$1,873	DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$44,997	ExpensesAndContributionsAmt
Qualifying Distributions	$44,997	QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm	$1	PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri	$44,996	AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$1,873	DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5	$38,263	ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4	$31,872	ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3	$48,174	ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2	$54,316	ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1	$20,232	ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov	$192,857	TotalExcessDistributionCyovAmt
Qualifying Distributions	$44,997	QualifyingDistributionsAmt
Applied To Current Year	$1,873	AppliedToCurrentYearAmt
Remaining Distri From Corpus	$43,124	RemainingDistriFromCorpusAmt
Total Corpus	$235,981	TotalCorpusAmt
Undistributed Income CY	$0	UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5	$38,263	ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr	$197,718	ExcessDistriCyovToNextYrAmt
Excess From Year4	$31,872	ExcessFromYear4Amt
Excess From Year3	$48,174	ExcessFromYear3Amt
Excess From Year2	$54,316	ExcessFromYear2Amt
Excess From Year1	$20,232	ExcessFromYear1Amt
Excess From Current Year	$43,124	ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

Field	Value	IRS element (for citing)
Only Contri To Preselected	Yes (X)	OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (15 entries)

Address Line1RecipientUSAddress/AddressLine1Txt	CityRecipientUSAddress/CityNm	State AbbreviationRecipientUSAddress/StateAbbreviationCd	ZIPRecipientUSAddress/ZIPCd	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt	Address Line2RecipientUSAddress/AddressLine2Txt
CHILDREN'S CAUSE CANCER ADVOCACY
122 C STREET NW SUITE 240	WASHINGTON	DC	20001	RESEARCH	$1,500
CONGREGATION B'NAI JESHURUN
1025 SOUTH ORANGE AVE	SHORT HILLS	NJ	07078	RELIGIOUS	$7,322
DIABETES RESEARCH INSTITUTE
200 S PARK RD STE 100	HOLLYWOOD	FL	33021	RESEARCH	$20,000
TEMPLE SINAI ROSLYN
425 ROSLYN RD	ROSLYN HEIGHTS	NY	11577	RELIGIOUS	$2,795
BOCA WEST CHAPTER PAP CORPS
1166 WEST NEWPORT CENTER	DEERFIELD BEACH	FL	33442	RESEARCH	$1,205	SUITE 114
BOCA WEST CHILDREN'S FOUNDATION
PO BOX 3070	BOCA RATON	FL	33431	RESEARCH	$1,000
ASPCA
424 E 92ND ST	NEW YORK	NY	10128	ANIMAL ISSUES	$50
ANTI-DEFAMATION LEAGUE
605 THIRD AVE	NEW YORK	NY	10158	SOCIAL ISSUES	$2,400
HABITAT FOR HUMANITY
106 WASHINGTON AVE	ENDICOTT	NY	13760	SOCIAL ISSUES	$150	SECOND FLOOR
FOUNDATION FIGHTING BLINDNESS
7168 COLUMBIA GATEWAY DR	COLUMBIA	MD	21046	RESEARCH	$2,500	SUITE 100
LIVE LIKE BLAINE
TWO BALA PLAZA SUITE 401	BALA CYNWYD	PA	19004	SOCIAL ISSUES	$1,500
BREAST CANCER RESEARCH FOUNDATION
28 WEST 44TH ST SUITE 609	NEW YORK	NY	10036	RESEARCH	$500
AMERICAN CANCER SOCIETY
621 CLEARWATER PARK RD	WEST PALM BEACH	FL	33401	RESEARCH	$500
UJA FEDERATION
130 EAST 59TH STREET	NEW YORK	NY	10022	RELIGIOUS	$3,300
BRANDEIS UNIVERSITY
415 SOUTH ST	WALTHAM	MA	02453	EDUCATIONAL	$250

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$44,972	TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

Field	Value	IRS element (for citing)
Related Or Exempt Function Incm	$110	RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Field	Value	IRS element (for citing)
Related Or Exempt Function Incm	$110	RelatedOrExemptFunctionIncmAmt

Field	Value	IRS element (for citing)
Total Income Producing Acty	$110	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

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

Field	Value	IRS element (for citing)
Category	INDIRECT TAXES/LICENSES	CategoryTxt
Amt	$25	Amt
Disbursements Charitable Prps	$25	DisbursementsCharitablePrpsAmt

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

Return header ReturnHeader

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

Preparer US Address PreparerUSAddress

Filer Filer

Business Name BusinessName

US Address USAddress

Business Officer BusinessOfficerGrp

Preparer Person PreparerPersonGrp

Form 990-PF IRS990PF

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Statements Regarding Acty StatementsRegardingActyGrp

Location Of Books US Address LocationOfBooksUSAddress

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (2 entries)

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

Minimum Investment Return MinimumInvestmentReturnGrp

Distributable Amount DistributableAmountGrp

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

Undistributed Income UndistributedIncomeGrp

Supplementary Information SupplementaryInformationGrp

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (15 entries)

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

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