The Philip & Lynn Straus Foundation Inc: Form 990PF, tax year 2017
View the entire original 990 at ProPublica ↗
- Organization
- The Philip & Lynn Straus Foundation Inc (EIN 13-6161223)
- Tax period
- 2017-04-01 to 2018-03-31
- Filed
- 2018-07-31
- IRS object ID
- 201842129349100724
- 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
- Accounting Fees Schedule
- All Oth Prog Rltd Investments Sch
- Depreciation Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Other Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2018-07-31T13:44:25-05:00 | ReturnTs |
| Tax Period End | 2018-03-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BDO USA LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 401 BROADHOLLOW RD STE 201 | AddressLine1Txt |
| City | MELVILLE | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 11747 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2017-04-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 136161223 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Philip & Lynn Straus Foundation Inc | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % LYNN STRAUS | InCareOfNm |
| Business Name Control | PHIL | BusinessNameControlTxt |
| Phone | 9146983525 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1037 Constable Drive South | AddressLine1Txt |
| City | Mamaroneck | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10543 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | LYNN STRAUS | PersonNm |
| Person Title | trustee | PersonTitleTxt |
| Phone | 9146983525 | PhoneNum |
| Signature | 2018-07-31 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Jaclyn Jang | PreparerPersonNm |
| PTIN | P00233758 | PTIN |
| Phone | 6315019600 | PhoneNum |
| 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 | $7,685,551 | 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 | $0 | ContriRcvdRevAndExpnssAmt |
| Dividends Rev And Expnss | $112,738 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $102,793 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $762,402 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $2,545,290 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $762,402 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $3,386 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $3,386 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $878,526 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $868,581 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Accounting Fees Rev And Expnss | $7,550 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $3,775 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $3,775 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $72,964 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $72,964 | OtherProfFeesNetInvstIncmAmt |
| Interest Rev And Expnss | $733 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $733 | InterestNetInvstIncmAmt |
| Taxes Rev And Expnss | $1,070 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $570 | TaxesNetInvstIncmAmt |
| Other Expenses Rev And Expnss | $350 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $195 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $155 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $82,667 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $78,237 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $3,930 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $1,080,605 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $1,080,605 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,163,272 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $78,237 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,084,535 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$284,746 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $790,344 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $443,042 | CashBOYAmt |
| Cash EOY | $334,232 | CashEOYAmt |
| Cash EOYFMV | $334,232 | CashEOYFMVAmt |
| Corporate Stock BOY | $4,287,525 | CorporateStockBOYAmt |
| Corporate Stock EOY | $4,435,054 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $7,288,555 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $386,229 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $42,764 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $42,764 | OtherInvestmentsEOYFMVAmt |
| Other Assets BOY | $0 | OtherAssetsBOYAmt |
| Other Assets EOY | $20,000 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $20,000 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $5,116,796 | TotalAssetsBOYAmt |
| Total Assets EOY | $4,832,050 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $7,685,551 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Retained Earning BOY | $5,116,796 | RetainedEarningBOYAmt |
| Retained Earning EOY | $4,832,050 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $5,116,796 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $4,832,050 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $5,116,796 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $4,832,050 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $5,116,796 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$284,746 | ExcessRevenueOverExpensesAmt |
| Subtotal | $4,832,050 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $4,832,050 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (5 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | AcquiredAcquiredDt | SoldSoldDt |
|---|---|---|---|---|---|---|---|
| N&B A/C#55186002 LT CAPITAL GAIN -SEE ATTACHED SUMMARY STMT | P | $2,138,812 | $1,366,436 | $772,376 | $772,376 | ||
| N&B A/C#55186002 ST CAPITAL GAIN -SEE ATTACHED SUMMARY STMT | P | $390,244 | $416,445 | -$26,201 | -$26,201 | ||
| LENNAR CORP CL B PAYOUT | $24 | $7 | $17 | $17 | 2017-10-06 | 2018-02-20 | |
| THE BLACKSTONE GROUP L.P. K-1 ST | P | $758 | $758 | $758 | |||
| THE BLACKSTONE GROUP L.P. K-1 LT | P | $15,452 | $15,452 | $15,452 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $762,402 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $838,755 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $7,454,871 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.112511 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $5,809,110 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $10,476,350 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.554498 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $1,139,534 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $14,827,544 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.076853 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $805,836 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $14,853,491 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.054252 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $938,960 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $13,208,950 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.071085 | DistributionYr5Rt |
| Total Distribution | 0.869199 | TotalDistributionRt |
| Average Distribution | 0.17384 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $7,750,200 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $1,347,295 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $7,903 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $1,355,198 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $1,084,535 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $15,807 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $15,807 | SubtotalAmt |
| Tax Based On Investment Income | $15,807 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $4,716 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $4,716 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Tax Due | $11,091 | 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 | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (true) | Form990TFiledInd |
| 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 | 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 | N/A | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LYNN STRAUS | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 9146983525 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1037 CONSTABLE DRIVE SOUTH | AddressLine1Txt |
| City | Mamaroneck | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10543 | 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 |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Undistr Incm Sect4942a2 Not App | false | UndistrIncmSect4942a2NotAppInd |
| 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 |
| Proceeds Or Net Income | false | ProceedsOrNetIncomeInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | LYNN G STRAUS | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1037 Constable Drive South | AddressLine1Txt |
| City | Mamaroneck | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10543 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Title | Trustee | TitleTxt |
| Average Hrs Per Wk Devoted To Pos | 0 | AverageHrsPerWkDevotedToPosRt |
| Compensation | $0 | CompensationAmt |
| Employee Benefit Program | $0 | EmployeeBenefitProgramAmt |
| Expense Account Other Allwnc | $0 | ExpenseAccountOtherAllwncAmt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NEUBERGER BERMAN LLC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 605 Third Avenue | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 101583698 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | INVESTMENT ADVISORS | ServiceTypeTxt |
| Compensation | $72,596 | CompensationAmt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | N/A | Description1Txt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | NONE | Description1Txt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $7,549,936 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $318,287 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $7,868,223 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $7,868,223 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $118,023 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $7,750,200 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $387,510 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $387,510 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $15,807 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $15,807 | TotalTaxAmt |
| Distributable Before Adj | $371,703 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $371,703 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $371,703 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,084,535 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $0 | CharitableAssetsAcquisPaidAmt |
| Set Aside Suitability Test | $0 | SetAsideSuitabilityTestAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $1,084,535 | QualifyingDistributionsAmt |
| Adjusted Qualifying Distri | $1,084,535 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $371,703 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Prior Year1 | 2015 | PriorYear1Yr |
| Prior Year2 | 2014 | PriorYear2Yr |
| Prior Year3 | 2013 | PriorYear3Yr |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $293,006 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $92,275 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $416,369 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $5,286,602 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $470,594 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $6,558,846 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $1,084,535 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Current Year | $371,703 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $712,832 | RemainingDistriFromCorpusAmt |
| Total Corpus | $7,271,678 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov From Yr5 | $293,006 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $6,978,672 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $92,275 | ExcessFromYear4Amt |
| Excess From Year3 | $416,369 | ExcessFromYear3Amt |
| Excess From Year2 | $5,286,602 | ExcessFromYear2Amt |
| Excess From Year1 | $470,594 | ExcessFromYear1Amt |
| Excess From Current Year | $712,832 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | NA | ContributingManagerNm |
| Shareholder Manager | NONE | ShareholderManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SEE SCHEDULE B | BusinessNameLine1Txt |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | VARIOUS | AddressLine1Txt |
| City | various | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10000 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Relationship | NONE | RecipientRelationshipTxt |
| Recipient Foundation Status | PC | RecipientFoundationStatusTxt |
| Grant Or Contribution Purpose | CHARITABLE | GrantOrContributionPurposeTxt |
| Amt | $1,080,605 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $1,080,605 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fees Contracts From Govt Ag | FeesContractsFromGovtAgGrp | |
| Membership Dues And Assmnt | MembershipDuesAndAssmntGrp | |
| Int On Sav And Temp Cash Invst | IntOnSavAndTempCashInvstGrp |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business | 900099 | BusinessCd |
| Unrelated Business Taxbl Incm | $3 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | 14 | ExclusionCd |
| Exclusion | $112,735 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Rntl Incm Re Debt Fincd Prop | NetRntlIncmReDebtFincdPropGrp | |
| Net Rntl Incm Re Not Debt Fincd Prop | NetRntlIncmReNotDebtFincdProp | |
| Net Rental Income Personal Prop | NetRentalIncomePersonalPropGrp |
Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business | 900099 | BusinessCd |
| Unrelated Business Taxbl Incm | $414 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | 14 | ExclusionCd |
| Exclusion | $2,972 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business | 900099 | BusinessCd |
| Unrelated Business Taxbl Incm | $3,192 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | 18 | ExclusionCd |
| Exclusion | $759,210 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | THE BLACKSTONE GROUP L.P. | Desc |
| Exclusion | 15 | ExclusionCd |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $3,609 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $874,917 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $878,526 | 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) |
|---|---|---|
| Category | ACCOUNTING | CategoryTxt |
| Amt | $7,550 | Amt |
| Net Investment Income | $3,775 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $3,775 | DisbursementsCharitablePrpsAmt |
All Oth Prog Rltd Investments Sch AllOthProgRltdInvestmentsSch
All Other Program Related Invst AllOtherProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | NONE | Desc |
Depreciation Schedule DepreciationSchedule
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | SEE SCHEDULE C ATTACHED | StockNm |
| EOY Book Value | $4,435,054 | EOYBookValueAmt |
| EOYFMV | $7,288,555 | EOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (2 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| CASH RESERVES NEUBERGER&BERMAN | FMV | $42,764 | $42,764 |
| NEUBERGER BERMAN INCOME FDS | FMV | $0 | $0 |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER ASSETS | Desc |
| BOY Book Value | $0 | BOYBookValueAmt |
| EOY Book Value | $20,000 | EOYBookValueAmt |
| EOYFMV | $20,000 | EOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| ADVERTISING | $155 | $155 | |
| THE BLACKSTONE GROUP L.P. K-1 | $195 | $195 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | THE BLACKSTONE GROUP L.P. K-1 | Desc |
| Revenue And Expenses Per Books | $3,386 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $3,386 | NetInvestmentIncomeAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| INVESTMENT ADVISORY FEES | $72,596 | $72,596 |
| AGENCY PROCESS FEES | $368 | $368 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| NYS FILING FEE | $250 | |
| FOREIGN TAXES | $570 | $570 |
| NYS TAX | $250 |
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