TANG FUND: Form 990PF, tax year 2016
View the entire original 990 at ProPublica ↗
- Organization
- TANG FUND (EIN 38-3973256)
- Tax period
- 2016-01-01 to 2016-12-31
- Filed
- 2017-11-15
- IRS object ID
- 201743199349100129
- 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
- Schedule B
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Legal Fees Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2017-11-15T09:39:21-06:00 | ReturnTs |
| Tax Period End | 2016-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 270928388 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | TANCURA LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 551 FIFTH AVE 33RD FLOOR | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10176 | 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 | 383973256 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE TANG FUND | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | TANG | BusinessNameControlTxt |
| Phone | 6467016084 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 551 FIFTH AVE 33FL | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10176 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | OSCAR L TANG | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 6467016088 | PhoneNum |
| Signature | 2017-11-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | GWENN S WINKHAUS | PreparerPersonNm |
| PTIN | P00020964 | PTIN |
| Phone | 6467016084 | PhoneNum |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 50.74.49.226 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2017-11-15 | IPDt |
| IP Tm | 09:54:45 | IPTm |
| IP Timezone | ES | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | EA0748FF8726A0DAF23213C698CFF65077469EBF | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | EA0748FF8726A0DAF23213C698CFF65077469EBF | 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 | $72,284,491 | 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 | $69,261,640 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $11,300 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $11,300 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $262,360 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $262,360 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $595,148 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $856,194 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $595,148 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $376 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $376 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $70,130,824 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $869,184 | 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 |
| Legal Fees Rev And Expnss | $5,030 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $0 | LegalFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $11,357 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $5,113 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $217,635 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $217,460 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $0 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $234,022 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $222,573 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $186,350 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $186,350 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $420,372 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $222,573 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $186,350 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $69,710,452 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $646,611 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $6,023,759 | CashBOYAmt |
| Cash EOY | $2,414,607 | CashEOYAmt |
| Cash EOYFMV | $2,414,607 | CashEOYFMVAmt |
| Corporate Stock BOY | $0 | CorporateStockBOYAmt |
| Corporate Stock EOY | $61,644 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $709,590 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $0 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $20,210,495 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $69,160,294 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $6,023,759 | TotalAssetsBOYAmt |
| Total Assets EOY | $22,686,746 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $72,284,491 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | 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 | $6,023,759 | RetainedEarningBOYAmt |
| Retained Earning EOY | $22,686,746 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $6,023,759 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $22,686,746 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $6,023,759 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $22,686,746 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $6,023,759 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $69,710,452 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $75,734,211 | SubtotalAmt |
| Other Decreases | $53,047,465 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $22,686,746 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (21 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | Gross Sales PriceGrossSalesPriceAmt |
|---|---|---|---|---|---|
| PASS THRU FROM AVALON VENTURES VI LP | P | $39,102 | -$39,102 | -$39,102 | |
| PASS THRU FROM BUCKINGHAM RAF PARTNERS, LP | P | $28,607 | -$28,607 | -$28,607 | |
| PASS THRU FROM BUCKINGHAM RAF PARTNERS, LP | P | $209 | $209 | $209 | |
| PASS THRU FROM EINBEITA PARTNERS, LP | P | $12,451 | $12,451 | $12,451 | |
| PASS THRU FROM EINBEITA PARTNERS, LP | P | $244,101 | $244,101 | $244,101 | |
| PASS THRU FROM LCP I, LP | P | $105,674 | -$105,674 | -$105,674 | |
| PASS THRU FROM LCP I, LP | P | $15,061 | -$15,061 | -$15,061 | |
| PASS THRU FROM MICROLAM PARTNERS, LP | P | $26,574 | $26,574 | $26,574 | |
| PASS THRU FROM MICROLAM PARTNERS, LP | P | $24,505 | $24,505 | $24,505 | |
| PASS THRU FROM MPM BIOVENTURES III QP, LP | P | $60,090 | -$60,090 | -$60,090 | |
| PASS THRU FROM MPM BIOVENTURES IV QP, LP | P | $12,283 | -$12,283 | -$12,283 | |
| PASS THRU FROM NORTHAVEN PARTNERS, LP | P | $6,377 | $6,377 | $6,377 | |
| PASS THRU FROM REGIMENT CAPITAL SSF V, LP | P | $508 | $508 | $508 | |
| PASS THRU FROM REGIMENT CAPITAL SSF III, LP | P | $13 | $13 | $13 | |
| PASS THRU FROM SILCHESTER INT'L INVESTORS VALUE EQUITY TRUST | P | $7,851 | $7,851 | $7,851 | |
| PASS THRU FROM SILCHESTER INT'L INVESTORS VALUE EQUITY TRUST | P | $65,057 | $65,057 | $65,057 | |
| PASS THRU FROM TAUBENPOST CAPITAL, LP | P | $229 | -$229 | -$229 | |
| PASS THRU FROM TAUBENPOST CAPITAL, LP | P | $111,115 | $111,115 | $111,115 | |
| PASS THRU FROM TUCEK PARTNERS II, LP | P | $166,448 | $166,448 | $166,448 | |
| PASS THRU FROM TUCEK PARTNERS II, LP | P | $45,345 | $45,345 | $45,345 | |
| CAPITAL GAINS DIVIDENDS | P | $145,640 | $145,640 | $145,640 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $595,148 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | 0 | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $3,618,842 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $71,834,480 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.050378 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $3,507,386 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $74,024,469 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.047381 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $2,544,461 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $70,950,623 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.035862 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $169,175 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $64,551,688 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.002621 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $311,774 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $60,908,618 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.005119 | DistributionYr5Rt |
| Total Distribution | 0.141361 | TotalDistributionRt |
| Average Distribution | 0.028272 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $70,277,012 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $1,986,872 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $6,466 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $1,993,338 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $186,350 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $12,932 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $12,932 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $12,932 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $402 | EstimatedPlusOvpmtIncmTxAmt |
| Applied To Es Tax | $15,000 | AppliedToEsTaxAmt |
| Total Payments And Credits | $15,402 | TotalPaymentsAndCreditsAmt |
| Overpayment | $2,470 | OverpaymentAmt |
| Applied To ES Tax | $2,470 | 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 | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | DE | 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 | CATHERINE L WORNOM | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 6467016082 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 551 FIFTH AVE 33RD FLOOR | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10176 | 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 (5 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 |
|---|---|---|---|---|---|---|---|---|
| OSCAR L TANG | ||||||||
| 551 FIFTH AVE 33FL | NEW YORK | NY | 10176 | PRESIDENT | 2.00 | $0 | $0 | $0 |
| HSIN-MEI AGNES HSU | ||||||||
| 551 FIFTH AVE 33FL | NEW YORK | NY | 10176 | DIRECTOR/VICE PRESIDENT | 1.00 | $0 | $0 | $0 |
| TRACY L TANG | ||||||||
| 5 INDIAN CHASE DRIVE | GREENWICH | CT | 06830 | DIRECTOR/VICE PRESIDENT | 1.00 | $0 | $0 | $0 |
| GWENN S WINKHAUS | ||||||||
| 551 FIFTH AVE 33FL | NEW YORK | NY | 10176 | SECRETARY/TREASURER | 1.00 | $0 | $0 | $0 |
| CATHERINE L WORNOM | ||||||||
| 551 FIFTH AVE 33FL | NEW YORK | NY | 10176 | ASST. SECRETARY | 2.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
| 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 | $3,638,722 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $4,327,955 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $63,380,543 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $71,347,220 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $71,347,220 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $1,070,208 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $70,277,012 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $3,513,851 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $3,513,851 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $12,932 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $12,932 | TotalTaxAmt |
| Distributable Before Adj | $3,500,919 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $3,500,919 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $3,500,919 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $186,350 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $186,350 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $186,350 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $3,500,919 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $186,350 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $186,350 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $0 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $3,314,569 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $0 | ExcessDistriCyovToNextYrAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (19 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| ADOPT-A-DOG INC | |||||||
| 849 LAKE AVENUE | GREENWICH | CT | 06831 | NONE | 501(C)(3) | CHARITABLE | $2,000 |
| BROOKLYN PUBLIC LIBRARY | |||||||
| 10 GRAND ARMY PLAZA | BROOKLYN | NY | 11238 | NONE | 501(C)(3) | CHARITABLE | $500 |
| CARAMOOR CENTER FOR MUSIC & ARTS | |||||||
| PO BOX 816 | KATONAH | NY | 10536 | NONE | 501(C)(3) | CHARITABLE | $5,000 |
| CHARLES H TAYLOR ARTS CENTER FOUNDATIONTHE HAMPTON ARTS FOUNDATION | |||||||
| 125 EAST MELLEN STREET | HAMPTON | VA | 23663 | NONE | 501(C)(3) | CHARITABLE | $1,000 |
| CITY HARVEST | |||||||
| 6 EAST 32ND STREET 5FL | NEW YORK | NY | 10016 | NONE | 501(C)(3) | CHARITABLE | $500 |
| CITYMEALS-ON-WHEELS | |||||||
| 355 LEXINGTON AVENUE | NEW YORK | NY | 10017 | NONE | 501(C)(3) | CHARITABLE | $500 |
| COMMITTEE OF 100 INC | |||||||
| 257 PARK AVENUE 19TH FL | NEW YORK | NY | 10010 | NONE | 501(C)(3) | CHARITABLE | $151,000 |
| CONCERNED CITIZENS OF MONTAUK | |||||||
| PO BOX 915 | MONTAUK | NY | 11954 | NONE | 501(C)(3) | CHARITABLE | $1,000 |
| DANNY & RON'S RESCUE | |||||||
| PO BOX 604 | CAMDEN | SC | 29021 | NONE | 501(C)(3) | CHARITABLE | $500 |
| DUKE UNIVERSITY | |||||||
| PO BOX 90581 | DURHAM | NC | 27701 | NONE | 501(C)(3) | CHARITABLE | $10,000 |
| EAST COAST ASSISTANCE DOGS INC | |||||||
| PO BOX 831 | TORRINGTON | CT | 06790 | NONE | 501(C)(3) | CHARITABLE | $500 |
| GRACE CHURCH SCHOOL | |||||||
| 86 FOURTH AVENUE | NEW YORK | NY | 10003 | NONE | 501(C)(3) | CHARITABLE | $5,000 |
| GREENWICH LIBRARY | |||||||
| 101 WEST PUTNAM AVENUE | GREENWICH | CT | 06830 | NONE | 501(C)(3) | CHARITABLE | $2,350 |
| JOB PATH INC | |||||||
| 256 WEST 38TH STREET 2ND FL | NEW YORK | NY | 10018 | NONE | 501(C)(3) | CHARITABLE | $1,000 |
| NATIONAL BRAIN TUMOR SOCIETY INC | |||||||
| 55 CHAPEL STREET SUITE 200 | NEWTON | MA | 02458 | NONE | 501(C)(3) | CHARITABLE | $500 |
| POLICE ATHETIC LEAGUE | |||||||
| 34 1/2 EAST 12TH STREET | NEW YORK | NY | 10003 | NONE | 501(C)(3) | CHARITABLE | $1,500 |
| READING PARTNERS | |||||||
| 180 GRAND AVENUE SUITE 800 | OAKLAND | CA | 94612 | NONE | 501(C)(3) | CHARITABLE | $1,500 |
| THE GO PROJECT | |||||||
| 50 COOPER SQUARE 3RD FL | NEW YORK | NY | 10003 | NONE | 501(C)(3) | CHARITABLE | $1,000 |
| UNITED ANIMAL NATIONS (RED ROVER) | |||||||
| PO BOX 188890 | SACRAMENTO | CA | 95818 | NONE | 501(C)(3) | CHARITABLE | $1,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $186,350 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $11,300 | RelatedOrExemptFunctionIncmAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $262,360 | RelatedOrExemptFunctionIncmAmt |
Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $376 | RelatedOrExemptFunctionIncmAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $595,148 | RelatedOrExemptFunctionIncmAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $0 | ExclusionAmt |
| Related Or Exempt Function Incm | $869,184 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $869,184 | TotalIncomeProducingActyAmt |
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp (4 entries)
| Line NumberLineNumberTxt | Relationship StatementRelationshipStatementTxt |
|---|---|
| 3 | CHARITABLE CONTRIBUTIONS |
| 4 | CHARITABLE CONTRIBUTIONS |
| 7 | CHARITABLE CONTRIBUTIONS |
| 8 | CHARITABLE CONTRIBUTIONS |
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 |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp (3 entries)
| ContributorContributorNum | Address Line1ContributorUSAddress/AddressLine1Txt | CityContributorUSAddress/CityNm | State AbbreviationContributorUSAddress/StateAbbreviationCd | ZIPContributorUSAddress/ZIPCd | Total ContributionsTotalContributionsAmt | Person ContributionPersonContributionInd | Noncash ContributionNoncashContributionInd |
|---|---|---|---|---|---|---|---|
| ROBERT F HOERLE | |||||||
| 1 | C/O STONE RUN CAPITAL 551 5TH AVE 3 | NEW YORK | NY | 10176 | $50,000 | Yes (X) | |
| NANCY FRANCIS | |||||||
| 2 | 620 SAND HILL ROAD APT 115D | PALO ALTO | CA | 94304 | $50,000 | Yes (X) | |
| THE TANG FUND | |||||||
| 3 | C/O OSCAR TANG 551 5TH AVE 33FL | NEW YORK | NY | 10176 | $69,161,640 | Yes (X) | |
Non Cash Property Contribution NonCashPropertyContributionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 3 | ContributorNum |
| Noncash Property | SECURITIES AND OTHER INVESTMENT PROPERTY PURSUANT TO MERGER AGREEMENT WITH TANG FUND EIN 13-3256295 | NoncashPropertyDesc |
| Fair Market Value | $69,161,640 | FairMarketValueAmt |
| Received | 2016-11-08 | ReceivedDt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | CORPORATE STOCK | StockNm |
| EOY Book Value | $61,644 | EOYBookValueAmt |
| EOYFMV | $709,590 | EOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (24 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| TOCQUEVILLE SELECT FUND | AT COST | $928,706 | $3,086,959 |
| AMERICAN SECURITIES PARTNERS VII | AT COST | $96,875 | $98,737 |
| AVALON VENTURES VI, LP | AT COST | $0 | $12,625 |
| BUCKINGHAM RAF PARTNERS | AT COST | $0 | $1,554,539 |
| COMMON FUND CAPITAL VENTURE PARTNERS VI LP | AT COST | $0 | $1,151,905 |
| EINBEITA PARTNERS LP | AT COST | $1,000,000 | $2,234,685 |
| ISZO CAPITAL PARTNERS LP | AT COST | $731,730 | $237,076 |
| LCP I, LP | AT COST | $1,500,000 | $1,069,097 |
| LUMINUS SPECIAL OPPORTUNITIES I PIE, L.P. | AT COST | $389,622 | $30,949 |
| MICROLAM PARTNERS LP | AT COST | $1,000,000 | $2,027,933 |
| MPM BIOVENTURES III QP LP | AT COST | $263,647 | $82,044 |
| MPM BIOVENTURES IV-QP LP | AT COST | $170,070 | $228,888 |
| NORTHAVEN PARTNERS LP | AT COST | $0 | $41,421 |
| QVT OVERSEAS LTD. | AT COST | $2,467,520 | $4,688,314 |
| REGIMENT CAPITAL LTD | AT COST | $128,567 | $119,574 |
| REGIMENT CAPITAL SSF III LP | AT COST | $0 | $135,807 |
| REGIMENT CAPITAL SSF V LP | AT COST | $32,726 | $145,742 |
| RTW OFFSHORE FUND ONE LTD | AT COST | $1,500,000 | $2,628,681 |
| SILCHESTER INTN'L INVESTORS VALUE EQUITY TRUST | AT COST | $899,556 | $1,743,930 |
| TANG CAPITAL PARTNERS INT'L LTD | AT COST | $4,700,000 | $32,758,230 |
| TAUBENPOST CAPITAL L.P. | AT COST | $2,000,000 | $3,643,909 |
| TCW DIRECT LENDING LLC | AT COST | $901,476 | $956,660 |
| TUCEK PARTNERS II, L.P. | AT COST | $500,000 | $5,996,839 |
| WYNNEFIELD SMALL CAP VALUE OFFSHORE | AT COST | $1,000,000 | $4,485,750 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | CategoryTxt |
| Legal Fees | $5,030 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail (3 entries)
| DescDesc | AmtAmt |
|---|---|
| EXCESS OF FMV OVER BASIS OF MERGER RELATED ASSETS | $49,021,705 |
| PARTNERSHIP ADJUSTMENTS(NET INCOME NOT INCLUDED IN BOOK VALUE-ORIGINAL COST) | $489,800 |
| CASH GIVEN BACK TO MERGER ENTITY FOR PRE MERGER OPERATIONS | $3,535,960 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| INVESTMENT EXPENSES | $217,460 | $217,460 | $0 |
| FILING FEES | $175 | $0 | $0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (4 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| REGIMENT CAPITAL SSF V, LP | $1,070 | $1,070 | $1,070 |
| MPM BIOVENTURES IV-QP, LP | -$1 | -$1 | -$1 |
| SILCHESTER INT'L INVESTORS VALUE EQUITY TRUST | -$694 | -$694 | -$694 |
| BUCKINGHAM RAF PARTNERS, LP | $1 | $1 | $1 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| FOREIGN TAXES | $5,113 | $5,113 | $0 |
| FEDERAL TAXES | $6,244 | $0 | $0 |
Comments