FRANCES AND BENJAMIN BENENSON FOUNDATION INC: Form 990PF, tax year 2016
View the entire original 990 at ProPublica ↗
- Organization
- FRANCES AND BENJAMIN BENENSON FOUNDATION INC (EIN 13-3267113)
- Tax period
- 2016-12-01 to 2017-11-30
- Filed
- 2018-10-15
- IRS object ID
- 201802889349100965
- Schema version
- 2016v3.1
- 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
- Schedule B
- Depreciation Schedule
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Investments Other Schedule2
- Other Assets Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Liabilities Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2018-10-15T19:25:32-05:00 | ReturnTs |
| Tax Period End | 2017-11-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Berdon LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 360 Madison Ave | AddressLine1Txt |
| City | New York | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10017 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2016-12-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 133267113 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FRANCES & BENJAMIN BENENSON FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % ORGANIZATION'S TREASURER | InCareOfNm |
| Business Name Control | FRAN | BusinessNameControlTxt |
| Phone | 2128670990 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 708 THIRD AVENUE Suite 28TH FL | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10017 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | BRUCE W BENENSON | PersonNm |
| Person Title | CO-PRESIDENT | PersonTitleTxt |
| Phone | 2128670990 | PhoneNum |
| Signature | 2018-10-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | MAURY GOLBERT | PreparerPersonNm |
| PTIN | P00748248 | PTIN |
| Phone | 2128320400 | PhoneNum |
| Preparation | 2018-10-15 | PreparationDt |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 72.22.173.199 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Federal Original Submission Id | 26377420182885002318 | FederalOriginalSubmissionId |
| Federal Original Submission Id | 2018-10-15 | FederalOriginalSubmissionIdDt |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | 9FC0C1436AB2D0FC01DC84F68FD410DEF70EB335 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 8793C1395B98FD2EEF70B15ADA1E90A83EC858C8 | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2016 | TaxYr |
| Build TS | 2018-06-14 16:35:46Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $36,991,678 | 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 | $2,000,000 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $111,956 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $111,956 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $445,046 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $445,046 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $2,131,587 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $14,027,116 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $2,131,587 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $9,860 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $8,486 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $4,698,449 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $2,697,075 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Legal Fees Rev And Expnss | $2,147 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $1,073 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $0 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $1,074 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $7,500 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $3,750 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $3,750 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $149,850 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $74,925 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $74,925 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $23,483 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $4,583 | TaxesNetInvstIncmAmt |
| Other Expenses Rev And Expnss | $491,763 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $490,663 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $1,100 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $674,743 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $574,994 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $80,849 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $4,184,952 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $4,184,952 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $4,859,695 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $574,994 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $4,265,801 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$161,246 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $2,122,081 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $2,356,141 | CashBOYAmt |
| Cash EOY | $5,220,255 | CashEOYAmt |
| Cash EOYFMV | $5,220,255 | CashEOYFMVAmt |
| US Government Obligations BOY | $1,786,793 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $2,332,155 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $2,307,911 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $14,300,765 | CorporateStockBOYAmt |
| Corporate Stock EOY | $13,661,763 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $20,986,299 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $4,788,948 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $3,922,679 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $3,869,068 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $2,936,392 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $1,869,524 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $1,854,670 | OtherInvestmentsEOYFMVAmt |
| Other Assets BOY | $1,931,734 | OtherAssetsBOYAmt |
| Other Assets EOY | $2,753,475 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $2,753,475 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $28,100,773 | TotalAssetsBOYAmt |
| Total Assets EOY | $29,759,851 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $36,991,678 | TotalAssetsEOYFMVAmt |
| Other Liabilities BOY | $0 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $1,828,490 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $1,828,490 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Retained Earning BOY | $28,100,773 | RetainedEarningBOYAmt |
| Retained Earning EOY | $27,931,361 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $28,100,773 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $27,931,361 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $28,100,773 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $29,759,851 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $28,100,773 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$161,246 | ExcessRevenueOverExpensesAmt |
| Other Increases | $45,324 | OtherIncreasesAmt |
| Subtotal | $27,984,851 | SubtotalAmt |
| Other Decreases | $53,490 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $27,931,361 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (5 entries)
| PropertyPropertyDesc | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|
| STCG - NEUBERGER BERMAN (SEE ATTACHED) | $2,032,869 | $1,882,756 | $150,113 | $150,113 |
| LTCG - NEUBERGER BERMAN (SEE ATTACHED) | $6,402,588 | $4,230,121 | $2,172,467 | $2,172,467 |
| JP MORGAN PARTNERS GLOBAL PRVIATE INVESTORS I LP | $35,224 | -$35,224 | -$35,224 | |
| STCG - WELLS FARGO (SEE ATTACHED) | $3,193,000 | $3,242,816 | -$49,816 | -$49,816 |
| LTCG - WELLS FARGO (SEE ATTACHED) | $2,398,659 | $2,504,612 | -$105,953 | -$105,953 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $2,131,587 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $4,519,228 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $35,161,048 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.128529 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $4,470,471 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $35,355,225 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.126444 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $2,587,809 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $34,086,524 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.075919 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $2,461,661 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $28,956,851 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.085011 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $2,438,424 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $34,151,323 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.071401 | DistributionYr5Rt |
| Total Distribution | 0.487304 | TotalDistributionRt |
| Average Distribution | 0.097461 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $34,655,733 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $3,377,582 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $21,221 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $3,398,803 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $4,265,801 | 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 | $21,221 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $21,221 | SubtotalAmt |
| Tax Based On Investment Income | $21,221 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $52,781 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $52,781 | TotalPaymentsAndCreditsAmt |
| Overpayment | $31,560 | OverpaymentAmt |
| Applied To ES Tax | $31,560 | AppliedToESTaxAmt |
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 |
| 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 |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ORGANIZATION'S TREASURER | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2128670990 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 708 THIRD AVENEUE | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10017 | 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 | Yes (true) | 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 |
| Acts Fail To Qlfy As Exceptions | 0 | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| 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 |
| Relying Current Ntc Dsstr Asst1 | Yes (X) | RelyingCurrentNtcDsstrAsst1Ind |
| 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 (5 entries)
| Address Line1USAddress/AddressLine1Txt | Address Line2USAddress/AddressLine2Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|---|
| BRUCE W BENENSON | |||||||||
| 708 THIRD AVENUE | 28TH FL | NEW YORK | NY | 10017 | CO-PRESIDENT | 0 | $0 | $0 | $0 |
| FREDERICK C BENENSON | |||||||||
| 708 THIRD AVENUE | 28TH FL | NEW YORK | NY | 10017 | CO-PRESIDENT | 0 | $0 | $0 | $0 |
| LAWRENCE B BENENSON | |||||||||
| 708 THIRD AVENUE | 28TH FL | NEW YORK | NY | 10017 | CO-PRESIDENT | 0 | $0 | $0 | $0 |
| RICHARD KESSLER | |||||||||
| 708 THIRD AVENUE | 28TH FL | NEW YORK | NY | 10017 | VICE-PRESIDENT | 0 | $0 | $0 | $0 |
| LAWRENCE A SIPKIN | |||||||||
| 708 THIRD AVENUE | 28TH FL | NEW YORK | NY | 10017 | TREASURER & SECRETARY | 0 | $0 | $0 | $0 |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | NONE | Description1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sum Of Program Related Invst | SumOfProgramRelatedInvstGrp |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $24,404,378 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $6,681,478 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $4,097,629 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $35,183,485 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $35,183,485 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $527,752 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $34,655,733 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $1,732,787 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $1,732,787 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $21,221 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $21,221 | TotalTaxAmt |
| Distributable Before Adj | $1,711,566 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $1,711,566 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $1,711,566 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $4,265,801 | 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 | $4,265,801 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $21,221 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $4,244,580 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $1,711,566 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Prior Year1 | 2014 | PriorYear1Yr |
| Prior Year2 | 2013 | PriorYear2Yr |
| Prior Year3 | 2012 | PriorYear3Yr |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $760,320 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr3 | $923,713 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $2,750,378 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $2,777,877 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $7,212,288 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $4,265,801 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Current Year | $1,711,566 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $2,554,235 | RemainingDistriFromCorpusAmt |
| Total Corpus | $9,766,523 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov From Yr5 | $760,320 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $9,006,203 | ExcessDistriCyovToNextYrAmt |
| Excess From Year3 | $923,713 | ExcessFromYear3Amt |
| Excess From Year2 | $2,750,378 | ExcessFromYear2Amt |
| Excess From Year1 | $2,777,877 | ExcessFromYear1Amt |
| Excess From Current Year | $2,554,235 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | BRUCE W BENENSON | ContributingManagerNm |
| Shareholder Manager | NONE | ShareholderManagerNm |
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | BRUCE W BENENSON | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 708 THIRD AVENUE | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10017 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 2128670990 | RecipientPhoneNum |
| Form And Info And Materials | NO FORMAL REQUIREMENTS; AMOUNT AND PURPOSES MUST BE STATED | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | NONE | SubmissionDeadlinesTxt |
| Restrictions On Awards | NONE | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | VARIOUS - SEE STATEMENT | BusinessNameLine1Txt |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 708 THIRD AVENUE | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10017 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Relationship | NONE | RecipientRelationshipTxt |
| Recipient Foundation Status | NONE | RecipientFoundationStatusTxt |
| Grant Or Contribution Purpose | CONTRIBUTIONS | GrantOrContributionPurposeTxt |
| Amt | $4,184,952 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $4,184,952 | 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $111,956 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $445,046 | 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) |
|---|---|---|
| Exclusion | $8,487 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $2,131,587 | 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 | SETTLEMENT | Desc |
| Exclusion | $1,373 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $2,698,449 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $2,698,449 | 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 |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Contributor Person | BW BENENSON | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 708 THIRD AVENUE 28TH FL | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10017 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $2,000,000 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
Depreciation Schedule DepreciationSchedule
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | NEUBERGER BERMAN - SEE STMT. | BondNm |
| EOY Book Value | $3,922,679 | EOYBookValueAmt |
| EOYFMV | $3,869,068 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | NEUBERGER BERMAN - SEE STMT. | StockNm |
| EOY Book Value | $13,661,763 | EOYBookValueAmt |
| EOYFMV | $20,986,299 | EOYFMVAmt |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $2,332,155 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $2,307,911 | USGovtObligationsEOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (6 entries)
| Category Or ItemCategoryOrItemTxt | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| JP MORGAN PTN GLOBAL INVESTORS | $7,726 | $7,726 |
| QUELLOS STRATEG PNR II LTD | $0 | $0 |
| AIG EUROPEAN REAL ESTATE | $100,324 | $100,324 |
| KS INTERNATIONAL | $0 | $0 |
| MTGE. BACKED SECURITY | $1,761,474 | $1,746,620 |
| PROVIDENCE MBS OFFSHORE FD | $0 | $0 |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (3 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| CASH IN NEUBERGER AND BERMAN | $1,720,254 | $2,625,023 | $2,625,023 |
| CASH IN J.P. MORGAN | $25,928 | $25,970 | $25,970 |
| CASH IN WACHOVIA/WELLS FARGO | $185,552 | $102,482 | $102,482 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | NONDEDUCTIBLE EXPENSE - AIG EUROPEAN RE | Desc |
| Amt | $53,490 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (6 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| LICENCES, PERMITS, FEES | $775 | $775 | |
| INVESTMENT EXPENSES | $239,344 | $239,344 | |
| MISCEILANEOUS EXPENSES | $325 | $325 | |
| MANAGEMENT EXPENSE | $250,000 | $250,000 | |
| DIVIDEND CHARGES | $146 | $146 | |
| PTN EXPENSE - MISC 2% EXPENSES | $1,173 | $1,173 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (4 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| INT. INCOME-AIG EUROPEAN RE PTNRS LP | $8,456 | $8,456 |
| INT. INCOME-JP MORGAN PTN. GLOBAI INVEST | $5 | $5 |
| PTN INCOME-AIG EUROPEAN RE PTNRS LP | $25 | $25 |
| SETTLEMENT | $1,374 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | NONTAXABLE INCOME FROM PASSTHRU ENTITY | Desc |
| Amt | $45,324 | Amt |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail (3 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt |
|---|---|---|
| INVESTMENT - QUELLOS STRATEGY PNR II LTD | $0 | $325,000 |
| INVESTMENT - KS INTERNATIONAL | $0 | $652,198 |
| INVESTMENT - PROVIDENCE MBS OFFSHORE FD | $0 | $851,292 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| FOREIGN INCOME TAXES | $2,483 | $2,483 |
| FEDERAL INCOME TAX | $21,000 | $2,100 |
Comments