KENNETH AND CLAUDIA SILVERMAN FAMILY FOUNDATION: Form 990PF, tax year 2016
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- Organization
- KENNETH AND CLAUDIA SILVERMAN FAMILY FOUNDATION (EIN 22-6831069)
- Tax period
- 2016-01-01 to 2016-12-31
- Filed
- 2017-11-10
- IRS object ID
- 201703149349100930
- Schema version
- 2016v3.0
- 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
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Other Expenses Schedule
- Other Income Schedule2
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2017-11-10T11:58:47-06:00 | ReturnTs |
| Tax Period End | 2016-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 221430039 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SOBEL & CO LLC CPA'S | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 293 EISENHOWER PARKWAY | AddressLine1Txt |
| City | LIVINGSTON | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 070391711 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2016-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 226831069 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KENNETH AND CLAUDIA SILVERMAN FAMILY | BusinessNameLine1Txt |
| Business Name Line2 | FOUNDATION | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | KENN | BusinessNameControlTxt |
| Phone | 9737650100 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 788 MORRIS TURNPIKE | AddressLine1Txt |
| City | SHORT HILLS | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07078 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | KENNETH SILVERMAN | PersonNm |
| Person Title | TRUSTEE | PersonTitleTxt |
| Phone | 9737650100 | PhoneNum |
| Signature | 2017-11-10 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | ALAN D SOBEL | PreparerPersonNm |
| PTIN | P01339002 | PTIN |
| Phone | 9739949494 | PhoneNum |
| Preparation | 2017-11-08 | PreparationDt |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 96.225.92.15 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2017-11-10 | IPDt |
| IP Tm | 12:58:09 | IPTm |
| IP Timezone | ES | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | EB6E8EC1E2744BE14F527D748E8DDD8C3EF75FD5 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | A9828ADE4B4B0A61667A22AFFFD9E5DD50E0A9BD | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2016 | TaxYr |
| Build TS | 2017-02-10 21:41:12Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $9,656,797 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Dividends Rev And Expnss | $222,971 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $222,971 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $61,152 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $1,007,409 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $61,152 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $35,892 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $32,975 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $320,015 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $317,098 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $5,000 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $5,000 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $0 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $55,154 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $55,154 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $3,270 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $400 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $12,759 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $12,681 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $0 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $76,183 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $73,235 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $853,721 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $853,721 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $929,904 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $73,235 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $853,721 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$609,889 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $243,863 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $1,329,165 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $1,210,570 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $1,210,570 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $3,806,040 | CorporateStockBOYAmt |
| Corporate Stock EOY | $1,193,380 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $1,255,492 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $1,790,830 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $3,876,254 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $3,918,568 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $3,587,215 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $3,611,555 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $3,272,167 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $10,513,250 | TotalAssetsBOYAmt |
| Total Assets EOY | $9,891,759 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $9,656,797 | TotalAssetsEOYFMVAmt |
| Other Liabilities BOY | $16,690 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $5,088 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $16,690 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $5,088 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Capital Stock BOY | $0 | CapitalStockBOYAmt |
| Capital Stock EOY | $0 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $10,496,560 | RetainedEarningBOYAmt |
| Retained Earning EOY | $9,886,671 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $10,496,560 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $9,886,671 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $10,513,250 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $9,891,759 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $10,496,560 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$609,889 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $9,886,671 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $9,886,671 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (16 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|
| JP MORGAN - 6000 | P | $100,000 | $99,931 | $69 | $69 |
| JP MORGAN - 6000 | P | $100,277 | $78,710 | $21,567 | $21,567 |
| JP MORGAN - 6000 | P | $489,837 | $551,955 | -$62,118 | -$62,118 |
| JP MORGAN - 8009 | P | $59,390 | $40,055 | $19,335 | $19,335 |
| WELLS FARGO 7732-4801 | P | $15,000 | $15,000 | $0 | $0 |
| WELLS FARGO 7732-4801 | P | $10,000 | $9,828 | $172 | $172 |
| JP MORGAN - 1007 | P | $28,343 | $27,335 | $1,008 | $1,008 |
| JP MORGAN - 1007 | P | $24,739 | $22,729 | $2,010 | $2,010 |
| JP MORGAN - 1003 | P | $717 | $687 | $30 | $30 |
| THIRD POINT | P | $21,606 | $21,606 | $21,606 | |
| MORGAN STANLEY | P | $82,060 | $100,027 | -$17,967 | -$17,967 |
| GOLDMAN SACHS | P | $58,798 | $58,798 | $58,798 | |
| MACKAY PUERTO RICO OPPORTUNITIES | P | $2,570 | $2,570 | $2,570 | |
| GOLDMAN SACHS | P | $12,277 | $12,277 | $12,277 | |
| YORK | P | $1,748 | $1,748 | $1,748 | |
| CAPITAL GAINS DIVIDENDS | P | $47 | $47 | $47 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $61,152 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | 0 | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $987,404 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $11,459,610 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.086164 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $914,551 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $11,740,061 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.077900 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $857,114 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $11,694,926 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.073289 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $1,531,945 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $11,873,867 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.129018 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $899,618 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $12,822,496 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.070159 | DistributionYr5Rt |
| Total Distribution | 0.436530 | TotalDistributionRt |
| Average Distribution | 0.087306 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $9,581,577 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $836,529 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $2,439 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $838,968 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $853,721 | 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 | $2,439 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $2,439 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $2,439 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $9,880 | EstimatedPlusOvpmtIncmTxAmt |
| Applied To Es Tax | $5,000 | AppliedToEsTaxAmt |
| Total Payments And Credits | $14,880 | TotalPaymentsAndCreditsAmt |
| Overpayment | $12,441 | OverpaymentAmt |
| Applied To ES Tax | $12,441 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | NJ | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE ORGANIZATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 9737650100 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 788 MORRIS TURNPIKE | AddressLine1Txt |
| City | SHORT HILLS | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07078 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| KENNETH SILVERMAN | ||||||||
| 1-2 CHAPIN ROAD | BERNARDSVILLE | NJ | 07924 | TRUSTEE/SETTLOR | 0.00 | $0 | $0 | $0 |
| CLAUDIA SILVERMAN | ||||||||
| 1-2 CHAPIN RAOD | BERNARDSVILLE | NJ | 07924 | TRUSTEE/SETTLOR | 0.00 | $0 | $0 | $0 |
| BRITTANY SILVERMAN | ||||||||
| 788 MORRIS TURNPIKE | SHORT HILLS | NJ | 07078 | TRUSTEE(FULL YEAR)/MANAGER | 30.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JAMES C COSTIN MD | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 788 MORRIS TURNPIKE | AddressLine1Txt |
| City | SHORT HILLS | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07078 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | DONATION CONSULTANT | ServiceTypeTxt |
| Compensation | $55,154 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $8,341,524 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $1,385,965 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $9,727,489 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $9,727,489 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $145,912 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $9,581,577 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $479,079 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $479,079 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $2,439 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $2,439 | TotalTaxAmt |
| Distributable Before Adj | $476,640 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $476,640 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $476,640 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $853,721 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $853,721 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $2,439 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $851,282 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $476,640 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $271,251 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $947,798 | ExcessDistributionCyovYr4Amt |
| Total Excess Distribution Cyov | $1,219,049 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $853,721 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $476,640 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $377,081 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $1,596,130 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $271,251 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $1,324,879 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $947,798 | ExcessFromYear4Amt |
| Excess From Current Year | $377,081 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | KENNETH SILVERMAN | ContributingManagerNm |
| Contributing Manager | CLAUDIA SILVERMAN | ContributingManagerNm |
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | KENNETH SILVERMAN | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 825 | AddressLine1Txt |
| City | SHORT HILLS | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07078 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 9737650100 | RecipientPhoneNum |
| Form And Info And Materials | LETTER FROM THE APPLICANT INDICATING THE PURPOSE OF THE ORGANIZATION AND THE PROPOSED USE OF THE REQUESTED CONTRIBUTION. | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | NONE | SubmissionDeadlinesTxt |
| Restrictions On Awards | NONE | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (23 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 | Province Or StateRecipientForeignAddress/ProvinceOrStateNm | CountryRecipientForeignAddress/CountryCd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| BRIGHAM AND WOMEN'S HOSPITAL | ||||||||||||
| 75 FRANCIS ST | BROOKLINE | MA | 02446 | NONE | PC | GENERAL CHARITABLE | $5,000 | |||||
| BUCKNELL UNIVERSITY | ||||||||||||
| 701 MOORE AVE | LEWISBURG | PA | 17837 | NONE | PC | GENERAL CHARITABLE | $25,000 | |||||
| CREATURE COMFORT PET THERAPY | ||||||||||||
| PO BOX 872 | MORRIS PLAINS | NJ | 07950 | NONE | PC | GENERAL CHARITABLE | $3,000 | |||||
| FOUNDATION FOR MORRISTOWN MEDICAL CENTER | ||||||||||||
| 100 MADISON AVE | MORRISTOWN | NJ | 07960 | NONE | PC | GENERAL CHARITABLE | $125,000 | |||||
| GILL ST BERNARD'S SCHOOL | ||||||||||||
| SAINT BERNARDS ROAD | GLADSTONE | NJ | 07934 | NONE | PC | GENERAL CHARITABLE | $25,000 | |||||
| GOODS FOR GOOD | ||||||||||||
| 180 VARICK STREET SUITE 1207 | NEW YORK | NY | 10014 | NONE | PC | GENERAL CHARITABLE | $25,000 | |||||
| ICAHN SCHOOL OF MEDICINE | ||||||||||||
| 1 GUSTAVE L LEVP PL | NEW YORK | NY | 10029 | NONE | PC | GENERAL CHARITABLE | $66,667 | |||||
| ISRAEL SPORTS EXCHANGE | ||||||||||||
| 4201 CHURCH RD | MT LAUREL | NJ | 08054 | NONE | PC | GENERAL CHARITABLE | $10,000 | |||||
| JOHN HOPKINS UNIVERSITY MEDICINE | ||||||||||||
| ONE CHARLES CENTER 100 NORTH | BALTIMORE | MD | 21201 | NONE | PC | GENERAL CHARITABLE | $1,000 | CHARLES ST | ||||
| LYMPHOMA RESEARCH FOUNDATION | ||||||||||||
| 115 BROADWAY SUITE 1301 | NEW YORK | NY | 10006 | NONE | PC | GENERAL CHARITABLE | $1,000 | |||||
| MARCH OF DIMES | ||||||||||||
| 1275 MAMARONECK AVE | WHITE PLAINS | NY | 10605 | NONE | PC | GENERAL CHARITABLE | $1,000 | |||||
| MAYO PERFORMING ARTS | ||||||||||||
| 100 SOUTH STREET | MORRISTOWN | NJ | 07960 | NONE | PC | GENERAL CHARITABLE | $13,000 | |||||
| MT SINAI SCHOOL OF MEDICINE | ||||||||||||
| ONE GUSTAVE L LEVY PLACE | NEW YORK | NY | 10029 | NONE | PC | GENERAL CHARITABLE | $50,000 | |||||
| NYU FACES | ||||||||||||
| 223 E 34TH STREET | NEW YORK | NY | 10016 | NONE | PC | GENERAL CHARITABLE | $20,000 | |||||
| ST BARNABAS MEDICAL CENTER FOUNDATION | ||||||||||||
| 95 OLD SHORT HILLS ROAD | WEST ORANGE | NJ | 07052 | NONE | PC | GENERAL CHARITABLE | $84,944 | |||||
| SUMMIT MEDICAL GROUP FOUNDATION | ||||||||||||
| 1 DIAMOND HILL ROAD | BERKELEY HEIGHTS | NJ | 07922 | NONE | PC | GENERAL CHARITABLE | $10,610 | |||||
| TEAM JOSEPH | ||||||||||||
| 3050 UNION LAKE RD SUITE 8F | COMMERCE TWP | MI | 48382 | NONE | PC | GENERAL CHARITABLE | $500 | |||||
| THE BURDEN NEUROLOGICAL INSTITUTE | ||||||||||||
| NONE | PC | GENERAL CHARITABLE | $300,000 | BRISTOL BS8 1TH | BRISTOL BS TH | BRISTOL, UK | UK | |||||
| THE JIMMY HERSH FAMILY FUND | ||||||||||||
| PO BOX 165 | PARSIPPANY | NJ | 07054 | NONE | PC | GENERAL CHARITABLE | $1,000 | |||||
| THE JUSTIN GIMELSTOB CHILDREN'S FUND | ||||||||||||
| 162 FIFTH AVENUE | NEW YORK | NY | 10010 | NONE | PC | GENERAL CHARITABLE | $10,000 | |||||
| CHABAD HOUSE - LUBAVITCH INC | ||||||||||||
| 226 SUSSEX AVENUE | MORRISTOWN | NJ | 07960 | NONE | PC | GENERAL CHARITABLE | $50,000 | |||||
| MIDLAND FOUNDATION | ||||||||||||
| PO BOX 5026 | NORTH BRANCH | NJ | 08876 | NONE | PC | GENERAL CHARITABLE | $1,000 | |||||
| THE NATIONAL MULTIPLE SCLEROSIS SOCIETY | ||||||||||||
| 1480 US HIGHWAY 9 N SUITE 301 | WOODBRIDGE | NJ | 07095 | NONE | PC | GENERAL CHARITABLE | $25,000 | |||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $853,721 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $222,971 | ExclusionAmt |
Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $35,892 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $61,152 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $320,015 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $320,015 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING | CategoryTxt |
| Amt | $5,000 | Amt |
| Net Investment Income | $5,000 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | JP MORGAN - 300-36000 EQ | BondNm |
| EOY Book Value | $3,876,254 | EOYBookValueAmt |
| EOYFMV | $3,918,568 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (5 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| MORGAN STANLEY - SECURITIES | $0 | $0 |
| WELLS FARGO | $0 | $0 |
| JPMORGAN 1007 | $242,704 | $288,103 |
| JP MORGAN 8009 | $853,299 | $868,182 |
| JP MORGAN 1003 | $97,377 | $99,207 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (5 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| WILLIAMS PARTNERS LP | AT COST | $44,381 | $57,045 |
| MACKAY | AT COST | $477,799 | $521,170 |
| THIRD POINT | AT COST | $1,046,591 | $1,014,311 |
| YORK | AT COST | $1,023,273 | $925,201 |
| GLENVIEW CAPITAL | AT COST | $1,019,511 | $754,440 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| INVESTMENT FEES | $12,628 | $12,628 | $0 |
| NON DEDUCTIBLE EXPENSES FROM PASS THRU | $78 | $0 | $0 |
| BANK FEES | $53 | $53 | $0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (6 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| WILLIAMS PARTNERS LP | -$12,009 | -$12,012 | -$12,009 |
| MACKAY PUERTO RICO OPPORTUNITIES | $8,014 | $8,014 | $8,014 |
| THIRD POINT | $11,030 | $11,030 | $11,030 |
| YORK | $21,525 | $21,525 | $21,525 |
| LEHMAN SETTLEMENT INCOME | $4,418 | $4,418 | $4,418 |
| TAX REFUND | $2,914 | $0 | $2,914 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | GOLDMAN SACHS PUTS | Desc |
| BOY Book Value | $16,690 | BOYBookValueAmt |
| EOY Book Value | $5,088 | EOYBookValueAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | CONSULTING | CategoryTxt |
| Amt | $55,154 | Amt |
| Net Investment Income | $55,154 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| TAX | $2,870 | $0 | $0 |
| FOREIGN TAX | $400 | $400 | $0 |
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