RAYMOND DEBBANE FAMILY FOUNDATION: Form 990PF, tax year 2016
View the entire original 990 at ProPublica ↗
- Organization
- RAYMOND DEBBANE FAMILY FOUNDATION (EIN 13-4053653)
- Tax period
- 2016-03-01 to 2017-02-28
- Filed
- 2018-01-16
- IRS object ID
- 201820169349100707
- 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
- Accounting Fees Schedule
- Depreciation Schedule
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Investments Other Schedule2
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2018-01-16T16:48:58-06:00 | ReturnTs |
| Tax Period End | 2017-02-28 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PricewaterhouseCoopers LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 300 MADISON AVENUE | 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 | 2016-03-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 134053653 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE RAYMOND DEBBANE FAMILY FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % RAYMOND DEBBANE | InCareOfNm |
| Business Name Control | RAYM | BusinessNameControlTxt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | c/o the Invus Group LLC | AddressLine1Txt |
| City | New York | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10022 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | RAYMOND DEBBANE | PersonNm |
| Person Title | OFFICER | PersonTitleTxt |
| Phone | 2123711717 | PhoneNum |
| Signature | 2017-01-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JOEL FRIEDLANDER | PreparerPersonNm |
| PTIN | P01230257 | PTIN |
| Phone | 6464713000 | PhoneNum |
| Preparation | 2018-01-16 | PreparationDt |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 155.201.188.32 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Federal Original Submission Id | 06199320180165000000 | FederalOriginalSubmissionId |
| Federal Original Submission Id | 2018-01-16 | FederalOriginalSubmissionIdDt |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | 64EBFB94025E4E12EEFF5E0A34A3FACB5D7239C6 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 64EBFB94025E4E12EEFF5E0A34A3FACB5D7239C6 | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2016 | TaxYr |
| Build TS | 2021-01-29 14:40:06Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $39,815,149 | 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 | $21,395,035 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $13,240 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $13,240 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $180,870 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $180,870 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $12,981,081 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $45,154,452 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $12,981,081 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | -$34,247 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | -$34,247 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $34,535,979 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $13,140,944 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Accounting Fees Rev And Expnss | $5,125 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $2,563 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $2,562 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $17,739 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $17,739 | OtherProfFeesNetInvstIncmAmt |
| Taxes Rev And Expnss | $3,935 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $3,564 | TaxesNetInvstIncmAmt |
| Other Expenses Rev And Expnss | $37,455 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $36,705 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $750 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $64,254 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $60,571 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $3,312 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $2,667,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $2,667,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $2,731,254 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $60,571 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $2,670,312 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $31,804,725 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $13,080,373 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $1,072,196 | CashBOYAmt |
| Cash EOY | $283,642 | CashEOYAmt |
| Cash EOYFMV | $283,642 | CashEOYFMVAmt |
| US Government Obligations BOY | $560,243 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $560,243 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $617,872 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $1,260,639 | CorporateStockBOYAmt |
| Corporate Stock EOY | $1,260,639 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $2,603,066 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $12,858,858 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $33,232,626 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $36,310,569 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $15,751,936 | TotalAssetsBOYAmt |
| Total Assets EOY | $35,337,150 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $39,815,149 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Capital Stock BOY | $15,751,936 | CapitalStockBOYAmt |
| Capital Stock EOY | $35,337,150 | CapitalStockEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $15,751,936 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $35,337,150 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $15,751,936 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $35,337,150 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $15,751,936 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $31,804,725 | ExcessRevenueOverExpensesAmt |
| Subtotal | $47,556,661 | SubtotalAmt |
| Other Decreases | $12,219,511 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $35,337,150 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (8 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|
| 8,356 SHS SPDR GOLD | P | 2016-04-28 | $999,991 | $715,822 | $284,169 | $284,169 |
| 7,970 SHS SPDR GOLD | P | 2016-09-13 | $1,000,054 | $682,755 | $317,299 | $317,299 |
| 49,900 SHS JPM MANAGED INC FD - INSTL FUND | P | 2017-01-31 | $500,000 | $500,000 | ||
| 92,884 SHS JPM SHORT DURATION BD FD-SEL FUND | P | 2017-02-14 | $1,005,000 | $1,009,675 | -$4,675 | -$4,675 |
| 1,946,108 JPM MANAGED INC FD - INSTL FUND | P | 2017-02-14 | $19,500,000 | $19,500,000 | ||
| 11,876 SHS JPM MANAGED INC FD - INSTL FUND | P | 2017-02-24 | $119,000 | $119,000 | ||
| VARIOUS JAPANESE SECURITIES - SEE ATTACHED | D | $22,033,387 | $9,646,119 | $12,387,268 | $12,387,268 | |
| CAPITAL GAIN DIVIDENDS | P | $2,194 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $12,981,081 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $3,354,322 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $20,498,822 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.163635 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $2,269,508 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $18,086,772 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.125479 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $1,976,760 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $21,604,339 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.091498 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $1,504,869 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $11,542,517 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.130376 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $1,874,731 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $8,308,020 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.225653 | DistributionYr5Rt |
| Total Distribution | 0.736641 | TotalDistributionRt |
| Average Distribution | 0.147328 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $24,153,556 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $3,558,495 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $130,804 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $3,689,299 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $2,670,312 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $261,607 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $261,607 | SubtotalAmt |
| Tax Based On Investment Income | $261,607 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $0 | EstimatedPlusOvpmtIncmTxAmt |
| Applied To Es Tax | $150,000 | AppliedToEsTaxAmt |
| Total Payments And Credits | $150,000 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $49 | EsPenaltyAmt |
| Tax Due | $111,656 | 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 | NY | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | Yes (true) | 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 | RAYMOND DEBBANE | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2123711717 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | C/O THE INVUS GROUP LLC 750 LEX AV | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10022 | 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 |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 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 |
|---|---|---|---|---|---|---|---|---|---|
| RAYMOND DEBBANE | |||||||||
| c/o the Invus Group LLC | 750 Lexington Avenue | New York | NY | 10022 | PRESIDENT | 1.0 | $0 | $0 | $0 |
| SACHA LAINOVIC | |||||||||
| c/o the Invus Group LLC | 750 Lexington Avenue | New York | NY | 10022 | TREASURER | 1.0 | $0 | $0 | $0 |
| JESSICA PACKER | |||||||||
| c/o the Invus Group LLC | 750 Lexington Avenue | New York | NY | 10022 | SECRETARY | 1.0 | $0 | $0 | $0 |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | THE FOUNDATION IS NOT INVOLVED IN ANY CHARITABLE ACTIVITIES. ITS PRIMARY PURPOSE IS TO SUPPORT, BY CONTRIBUTIONS, OTHER CHARITABLE ORGANIZATIONS (PUBLIC CHARITIES). | 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 | $19,700,239 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $1,204,164 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $3,616,974 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $24,521,377 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $24,521,377 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $367,821 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $24,153,556 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $1,207,678 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $1,207,678 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $261,607 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $261,607 | TotalTaxAmt |
| Distributable Before Adj | $946,071 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $946,071 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $946,071 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $2,670,312 | 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 | $2,670,312 | QualifyingDistributionsAmt |
| Adjusted Qualifying Distri | $2,670,312 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $946,071 | 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 | $1,464,618 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $936,115 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $4,731,731 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $9,516,990 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $2,332,603 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $18,982,057 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $2,670,312 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Current Year | $946,071 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $1,724,241 | RemainingDistriFromCorpusAmt |
| Total Corpus | $20,706,298 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov From Yr5 | $1,464,618 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $19,241,680 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $936,115 | ExcessFromYear4Amt |
| Excess From Year3 | $4,731,731 | ExcessFromYear3Amt |
| Excess From Year2 | $9,516,990 | ExcessFromYear2Amt |
| Excess From Year1 | $2,332,603 | ExcessFromYear1Amt |
| Excess From Current Year | $1,724,241 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | RAYMOND DEBBANE CO THE INVUS GROU | ContributingManagerNm |
| Contributing Manager | 750 LEXINGTON AVENUE | ContributingManagerNm |
| Contributing Manager | NEW YORK NY 10022-2050 | ContributingManagerNm |
| Shareholder Manager | NONE | ShareholderManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (20 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line2RecipientUSAddress/AddressLine2Txt | Address Line1RecipientForeignAddress/AddressLine1Txt | CityRecipientForeignAddress/CityNm | CountryRecipientForeignAddress/CountryCd | Province Or StateRecipientForeignAddress/ProvinceOrStateNm |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| CATHOLIC SCHOOLS ASSISTANCE FUND | ||||||||||||
| 111 SOUTH CHURCH AVENUE | TUCSON | AZ | 85701 | NONE | PC | EDUCATIONAL AND RELIGIOUS BENEFITS FOR CHILDREN | $250,000 | |||||
| ARAB AMERICAN FOUNDATION | ||||||||||||
| 7111 5TH AVENUE | BROOKLYN | NY | 11209 | NONE | PC | SUPPORTS PROGRAMS THAT PROMOTE GREATER AWARENESS OF ARAB AMERICANS IN THE US | $25,000 | |||||
| ACTION AGAINST HUNGER USA | ||||||||||||
| 247 WEST 37TH STREET | NEW YORK | NY | 10018 | NONE | PC | FURTHER THE IDEAS OF SAVING THE LIVES OF MALNOURISHED CHILDREN AND THEIR FAMILIES WHILE ENSURING ACCESS TO SAFE WATER AND SUSTAINABLE SOLUTIONS TO HUNGER. | $79,000 | 10TH FLOOR | ||||
| STANFORD UNIVERSITY | ||||||||||||
| 518 MEMORIAL WAY | STANDFORD | CA | 943055009 | NONE | PC | EDUCATION | $20,000 | |||||
| FRENCH INSTITUTE - ALLIANCE FRANCAISE | ||||||||||||
| 222 EAST 60TH STREET | NEW YORK | NY | 10022 | NONE | PC | SUPPORT OF AND PROMOTION OF THE FRENCH LANGUAGE AND CULTURE | $5,000 | |||||
| TFL US INC | ||||||||||||
| 14 EAST 4TH ST | NEW YORK | NY | 10012 | NONE | PC | Carry out fundraising activities in the US in support of improved local education in Lebanon, for the purpose of providing grants to Teach For Lebanon. | $40,000 | APT 807 | ||||
| EPARCHY OF SAINT MARON OF BROOKLYN | ||||||||||||
| 109 REMSEN STREET | BROOKLYN | NY | 112014212 | NONE | PC | RELIGIOUS SUPPORT | $35,000 | |||||
| CATO INSTITUTE | ||||||||||||
| 1000 MASSACHUSETTS AVENUE NW | WASHINGTON | DC | 20001 | NONE | PC | To broaden the parameters of public policy debate to allow consideration of more options that are consistent with the traditional American principles of limited government, individual liberty, and peace. | $50,000 | |||||
| CEMEDE (CENTER FOR EURO-MED DEVELOPMENT) | ||||||||||||
| NONE | PC | PROMOTION OF SUSTAINABLE DEVELOPMENT, URBAN PLANNING, ENVIRONMENTAL PROTECTION AND OTHER AREAS. | $1,200,000 | 186 AVENUE FLOREAL 1180 | BRUSSELS | BE | ||||||
| ATLAS ECONOMIC RESEARCH FOUNDATION | ||||||||||||
| 1201 L ST NW | WASHINGTON | DC | 20005 | NONE | PC | PROMOTING FREE-MARKET ECONOMIC POLICIES ACROSS THE WORLD | $60,000 | |||||
| FRIENDS OF THE LEBANESE ACADEMY OF SCIENCES | ||||||||||||
| NONE | PC | EDUCATIONAL SUPPORT | $3,000 | PO BOX 33 | LE | AMIOUNM EL-KOURA | ||||||
| DRUG FREE LEBANON INC | ||||||||||||
| 905 FALLSCROFT WAY | TIMONIUM | MD | 21093 | NONE | PC | TO PROMOTE AND PROVIDE EDUCATIONAL MATERIALS AND INFORMATION ON ISSUES OF SUBSTANCE ABUSE IN LEBANON, FACILITATING THE EXCHANGE OF EXPERTISE AND TRAINING BETWEEN THE UNITED STATES AND LEBANON | $100,000 | |||||
| JAM HOUR ALUMNI US INCORPORATED | ||||||||||||
| 500 FIFTH AVENUE 21ST FLOOR NO 211 | NEW YORK | NY | 10110 | NONE | PC | TO FUND SCHOLARSHIPS FOR THE BENEFIT OF STUDENTS AT NOTRE DAME OF JAMHOUR SCHOOL WHO WISH TO ATTEND THIS SCHOOL BUT CANNOT AFFORD THE TUITION AND ALSO TO ASSIST THE SCHOOL | $50,000 | |||||
| KARUNA-SHECHEN USA | ||||||||||||
| 109 MOWBRAY DRIVE | KEW GARDENS | NY | 11415 | NONE | PC | TO PROVIDE HEALTHCARE, EDUCATION, AND SOCIAL SERVICES FOR THE UNDER-SERVED POPULATIONS OF INDIA, NEPAL, AND TIBET | $10,000 | |||||
| COLUMBIA UNIVERSITY | ||||||||||||
| 116TH ST BROADWAY | NEW YORK | NY | 10027 | NONE | PC | EDUCATIONAL SUPPORT | $20,000 | |||||
| LEBANON RENAISSANCE FOUNDATION | ||||||||||||
| 1701 PENNSYLVANIA AVE NW 300 | WASHINGTON | DC | 20006 | NONE | PC | TO PROVIDE MISSION SUPPORT | $10,000 | |||||
| SAVING THE NEXT GENERATION FOUNDATION | ||||||||||||
| 641 LEXINGTON AVENUE | NEW YORK | NY | 10022 | NONE | PC | TO PROVIDE SCHOLARSHIPS TO LEBANESE HIGH SCHOOL STUDENTS | $50,000 | |||||
| CLES (LEBANESE CENTER FOR SPECIAL EDUCATION) | ||||||||||||
| NONE | PC | To help, free of charge, children who are learning disabled. | $640,000 | BNP PARIBAS FORTIS | BRUSSELS | BE | ||||||
| SEAL (SOCIAL AND ECONOMIC ACTION FOR LEBANON) | ||||||||||||
| 525 PARK AVENUE SUITE 5N | NEW YORK | NY | 10065 | NONE | PC | TO SUPPORT ACTION AGAINST THE SEVERE SOCIAL AND ECONOMIC PROBLEMS FACING POST-WAR LEBANON | $15,000 | |||||
| ST JUDE CHILDREN'S HOSPITAL | ||||||||||||
| 220 E 42ND STREET | NEW YORK | NY | 10017 | NONE | PC | TO SUPPORT A LEADING CHILDREN'S HOSPITAL PIONEERING RESEARCH TREATMENTS FOR KIDS WITH CANCER AND OTHER LIFE-THREATENING DISEASES. | $5,000 | |||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $2,667,000 | 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 | 14 | ExclusionCd |
| Exclusion | $13,240 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $180,870 | 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 |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $12,981,081 | 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 (2 entries)
| DescDesc | Unrelated Business Taxbl IncmUnrelatedBusinessTaxblIncmAmt | ExclusionExclusionCd |
|---|---|---|
| ORDINARY INCOME/(LOSS) | -$15,253 | 18 |
| FX GAIN/(LOSS) | -$18,994 | 18 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | -$34,247 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $13,175,191 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $13,140,944 | 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 | RAYMOND DEBBANE | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 750 LEXINGTON AVENUE | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10022 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $21,395,035 | TotalContributionsAmt |
| Noncash Contribution | Yes (X) | NoncashContributionInd |
Non Cash Property Contribution NonCashPropertyContributionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Noncash Property | various japanese securities - see attached | NoncashPropertyDesc |
| Fair Market Value | $21,395,035 | FairMarketValueAmt |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | TAX PREP FEES | CategoryTxt |
| Amt | $5,125 | Amt |
| Net Investment Income | $2,563 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $2,562 | DisbursementsCharitablePrpsAmt |
Depreciation Schedule DepreciationSchedule
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | CB CAPITAL ADVISORS LLC (SEC.) | StockNm |
| EOY Book Value | $1,260,639 | EOYBookValueAmt |
| EOYFMV | $2,603,066 | EOYFMVAmt |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $560,243 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $617,872 | USGovtObligationsEOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (7 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| FMC STRUCTURED INCOME FUND LP | AT COST | $310,560 | $167,586 |
| CIM DIVIDEND INCOME FUND | AT COST | $2,454,210 | $3,636,434 |
| CB CAPITAL SWISS ACCOUNT | AT COST | $90,663 | $136,368 |
| CB CAPITAL EURO ACCOUNT | AT COST | $184,892 | $323,458 |
| SDTR TRUST - GLD | AT COST | $4,465,577 | $6,307,865 |
| JPM SHORT DURATION BD FD - SEL | AT COST | $24,967,490 | $24,976,477 |
| ISHANGO PRIVATE INV FUND LP | AT COST | $759,234 | $762,381 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | FMV IN EXCESS OF CB FOR CONTRIBUTED STK | Desc |
| Amt | $12,219,511 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (4 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| BANK FEES - INTERAUDI BANK | -$10 | -$10 | |
| FMC STRUCTURED INCOME FUND LP | $1,132 | $1,132 | |
| ISHANGO PRIVATE INV FUND LP | $35,583 | $35,583 | |
| NYS DEP. OF LAW (FORM CHAR500) | $750 | $750 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| ORDINARY INCOME/(LOSS) - ISHANGO | -$15,253 | -$15,253 |
| FX GAIN/(LOSS) | -$18,994 | -$18,994 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | MANAGEMENT FEES (CB CAPITAL) | CategoryTxt |
| Amt | $17,739 | Amt |
| Net Investment Income | $17,739 | NetInvestmentIncomeAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| CB CAPITAL ADVISORS (FTC) | $3,525 | $3,525 |
| FEDERAL TAX PAYMENT | $371 | |
| ISHANGO PRIVATE INV FUND (FTC) | $39 | $39 |
Comments