DAVID SWOPE FUND U ART VIII OF REV TR DTD JULY 25 2017: Form 990PF, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
DAVID SWOPE FUND U ART VIII OF REV TR DTD JULY 25 2017 (EIN 83-4034330)
Tax period
2024-01-01 to 2024-12-31
Filed
2025-10-03
IRS object ID
202542769349100004
Schema version
2024v5.2
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)
Return2025-10-03T08:53:09-07:00ReturnTs
Tax Period End2024-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN814682803PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1KIRSHENBAUM & URBAN LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line110 Bank Street STE 580AddressLine1Txt
CityWhite PlainsCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10606ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2024-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN834034330EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1DAVID SWOPE FUND U ART VIII OF REV TRBusinessNameLine1Txt
Business Name Line2DTD JULY 25 2017BusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlDAVIBusinessNameControlTxt
Phone9147620010PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line13492 CURRY STREETAddressLine1Txt
CityYORKTOWN HEIGHTSCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10598ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonDOUGLAS KRAUSPersonNm
Person TitleTrusteePersonTitleTxt
Signature2025-03-26SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonAdam A Urban CPAPreparerPersonNm
PTINP00636018PTIN
Phone9146860400PhoneNum
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$0FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$341,634ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss$5,008InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$5,008InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm$5,008InterestOnSavingsAdjNetIncmAmt
Other Income Rev And Expnss$31,344OtherIncomeRevAndExpnssAmt
Total Rev And Expnss$377,986TotalRevAndExpnssAmt
Total Net Invst Incm$5,008TotalNetInvstIncmAmt
Total Adj Net Incm$5,008TotalAdjNetIncmAmt
Legal Fees Rev And Expnss$9,625LegalFeesRevAndExpnssAmt
Accounting Fees Rev And Expnss$2,900AccountingFeesRevAndExpnssAmt
Taxes Rev And Expnss$99TaxesRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss$12,624TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$784,536ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$784,536ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$797,160TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$784,536TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$419,174ExcessRevenueOverExpensesAmt
Net Investment Income$5,008NetInvestmentIncomeAmt
Adjusted Net Income$5,008AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$611,505SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$142,898SavAndTempCashInvstEOYAmt
Other Investments BOY$3,450,745OtherInvestmentsBOYAmt
Other Investments EOY$3,500,178OtherInvestmentsEOYAmt
Total Assets BOY$4,062,250TotalAssetsBOYAmt
Total Assets EOY$3,643,076TotalAssetsEOYAmt
Total Assets EOYFMV$0TotalAssetsEOYFMVAmt
Other Liabilities BOY$4,077,951OtherLiabilitiesBOYAmt
Other Liabilities EOY$4,077,951OtherLiabilitiesEOYAmt
Total Liabilities BOY$4,077,951TotalLiabilitiesBOYAmt
Total Liabilities EOY$4,077,951TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY-$15,701NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY-$434,875NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY-$15,701TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY-$434,875TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$4,062,250TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$3,643,076TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY-$15,701TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$419,174ExcessRevenueOverExpensesAmt
Subtotal-$434,875SubtotalAmt
Tot Net Ast Or Fund Balances EOY-$434,875TotNetAstOrFundBalancesEOYAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$70InvestmentIncomeExciseTaxAmt
Subtotal$70SubtotalAmt
Tax Based On Investment Income$70TaxBasedOnInvestmentIncomeAmt
Tax Due$70TaxDueAmt
Applied To ES Tax$0AppliedToESTaxAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedfalseSection508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateNYOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1DOUGLAS KRAUSBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone9147620010PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1CO ANNE HARRINGTON 3492 CURRY STAddressLine1Txt
CityYORKTOWN HEIGHTSCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10598ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Acts Fail To Qlfy As ExceptionsfalseActsFailToQlfyAsExceptionsInd
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
Undistributed Income PYfalseUndistributedIncomePYInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmt
DOUGLAS KRAUS
1 NORTH LEXINGTON AVE 11TH FLWHITE PLAINSNY10601Trustee0.00$0
DOROTHEA SWOPE
1 NORTH LEXINGTON AVE 11TH FLWHITE PLAINSNY10601Trustee0.00$0
REBECCA SAMBERG
1 NORTH LEXINGTON AVE 11TH FLWHITE PLAINSNY10601Trustee0.00$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$0AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$0AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$0TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$0AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$0CashDeemedCharitableAmt
Net Vl Noncharitable Assets$0NetVlNoncharitableAssetsAmt
Minimum Investment Return$0MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Tax Based On Investment Income$70TaxBasedOnInvestmentIncomeAmt
Total Tax$70TotalTaxAmt
Distributable Before Adj$70DistributableBeforeAdjAmt
Distributable Before Ded$70DistributableBeforeDedAmt
Distributable As Adjusted$0DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$784,536ExpensesAndContributionsAmt
Qualifying Distributions$784,536QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$0DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$10,000ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$90,000ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$2,705,000ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$3,255,000ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$1,327,500ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$7,387,500TotalExcessDistributionCyovAmt
Qualifying Distributions$784,536QualifyingDistributionsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Remaining Distri From Corpus$784,536RemainingDistriFromCorpusAmt
Total Corpus$8,172,036TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$10,000ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$8,162,036ExcessDistriCyovToNextYrAmt
Excess From Year4$90,000ExcessFromYear4Amt
Excess From Year3$2,705,000ExcessFromYear3Amt
Excess From Year2$3,255,000ExcessFromYear2Amt
Excess From Year1$1,327,500ExcessFromYear1Amt
Excess From Current Year$784,536ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (9 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
TEATOWN LAKE RESERVATION
1600 SPRING VALLEY RDOSSININGNY10562NONENCGENERAL CONTRIBUTION$81,134
OSSINING CHILDRENS CENTER
32 STATE STREETOSSININGNY10562NONENCGENERAL CONTRIBUTION$153,634
JACOB BURNS FILM
364 MANVILLE ROADPLEASANTVILLENY10570NONENCGENERAL CONTRIBUTION$181,134
NEIGHBOR'S LINK
27 COLUMBUS AVENUEMOUNT KISCONY10549NONENCGENERAL CONTRIBUTION$196,134
COMMUNITY FOUNDATION FOR NANTUCKET
9 BAYBERRY CTNANTUCKETMA02554NONENCGENERAL CONTRIBUTION$50,000
OPEN ARMS FOR REFUGEES
142 REVOLUTIONARY ROADBRIARCLIFF MANORNY10510NONENCGENERAL CONTRIBUTION$75,000
COMMUNITY CENTER OF NORTHERN WESTCHESTER
84 BEDFORD ROADKATONAHNY10536NONENCGENERAL CONTRIBUTION$17,500
PACE UNIVERSITY
1 PACE PLAZANEW YORKNY10038NONENCGENERAL CONTRIBUTION$12,500
OSSINING FOOD PANTRY
7 S HIGHLAND AVEOSSININGNY10562NONENCGENERAL CONTRIBUTION$17,500
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$784,536TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion$5,008ExclusionAmt

Other Investment Income OtherInvestmentIncomeGrp

FieldValueIRS element (for citing)
Exclusion$31,344ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$36,352ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$36,352TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Schedule B IRS990ScheduleB

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
General RuleYes (X)GeneralRuleInd

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
Contributor1ContributorNum
Contributor PersonESTATE OF DAVID SWOPEContributorPersonNm

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line13492 CURRY STREETAddressLine1Txt
CityYORKTOWN HEIGHTSCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10598ZIPCd
FieldValueIRS element (for citing)
Total Contributions$341,634TotalContributionsAmt
Person ContributionYes (X)PersonContributionInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryACCOUNTING FEESCategoryTxt
Amt$2,900Amt
Net Investment Income$0NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$0DisbursementsCharitablePrpsAmt

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp

FieldValueIRS element (for citing)
CategoryLEGAL FEESCategoryTxt
Legal Fees$9,625LegalFeesAmt
Net Investment Income$0NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$0DisbursementsCharitablePrpsAmt

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail

FieldValueIRS element (for citing)
DescOther Investment IncomeDesc
Revenue And Expenses Per Books$31,344RevenueAndExpensesPerBooksAmt

Other Liabilities Schedule OtherLiabilitiesSchedule

Other Liabilities Detail OtherLiabilitiesDetail

FieldValueIRS element (for citing)
DescTRANSFER OF ASSETSDesc
BOY Book Value$4,077,951BOYBookValueAmt
EOY Book Value$4,077,951EOYBookValueAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

AmtAmtCategoryCategoryTxt
$25
$74FEDERAL TAXES DUE AND PAID

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