THE MARGARET AND DANIEL LOEB FOUNDATION: Form 990PF, tax year 2016
View the entire original 990 at ProPublica ↗
- Organization
- THE MARGARET AND DANIEL LOEB FOUNDATION (EIN 52-2251371)
- Tax period
- 2016-01-01 to 2016-12-31
- Filed
- 2017-09-13
- IRS object ID
- 201712569349100716
- 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
- Accounting Fees Schedule
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Legal Fees Schedule
- Other Assets Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Liabilities Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2017-09-13T16:17:40-05:00 | ReturnTs |
| Tax Period End | 2016-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 341883473 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CBIZ MHM LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1065 Avenue of the Americas | AddressLine1Txt |
| City | New York | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10018 | 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 | 522251371 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE MARGARET AND DANIEL LOEB | BusinessNameLine1Txt |
| Business Name Line2 | THIRD POINT FOUNDATION | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | LOEB | BusinessNameControlTxt |
| Phone | 2127156763 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 390 PARK AVENUE 18TH FLOOR | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 100224608 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | daniel s loeb | PersonNm |
| Person Title | president | PersonTitleTxt |
| Phone | 2127156763 | PhoneNum |
| Signature | 2017-08-24 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Marc Minker | PreparerPersonNm |
| PTIN | P00529877 | PTIN |
| Phone | 2127905700 | PhoneNum |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 38.98.67.254 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2017-08-24 | IPDt |
| IP Tm | 09:07:37 | IPTm |
| IP Timezone | ED | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | 1FB0DC6CCBB62E013CE01F3A769F965C875BF8A7 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 42AAF2FE4AC5CB67464A5C3EE4DBD6C89AA0B690 | 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 | $97,679,788 | 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 | $43,050,470 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $103 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $103 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $402,945 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $402,945 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $1,393,571 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $3,113,181 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $2,059,449 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $3,711 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $0 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $44,850,800 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $2,462,497 | 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 | $20,821 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $10,411 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $10,410 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $17,500 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $8,750 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $8,750 | AccountingFeesChrtblPrpsAmt |
| Trav Conf Meeting Rev And Expnss | $1,427 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $0 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $1,427 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $3,656 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $0 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $3,656 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $43,404 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $19,161 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $24,243 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $5,757,500 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $5,757,500 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $5,800,904 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $19,161 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $5,781,743 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $39,049,896 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $2,443,336 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $8,883,637 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $9,750,215 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $9,750,215 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $19,578,167 | CorporateStockBOYAmt |
| Corporate Stock EOY | $19,620,209 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $28,041,964 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $2,097,161 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $685,454 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $863,287 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $14,931,784 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $14,500,000 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $19,024,322 | OtherInvestmentsEOYFMVAmt |
| Other Assets BOY | $15,013 | OtherAssetsBOYAmt |
| Other Assets EOY | $40,000,000 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $40,000,000 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $45,505,762 | TotalAssetsBOYAmt |
| Total Assets EOY | $84,555,878 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $97,679,788 | TotalAssetsEOYFMVAmt |
| Other Liabilities BOY | $0 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $17,500 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $17,500 | 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 | $45,505,762 | RetainedEarningBOYAmt |
| Retained Earning EOY | $84,538,378 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $45,505,762 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $84,538,378 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $45,505,762 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $84,555,878 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $45,505,762 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $39,049,896 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $84,555,658 | SubtotalAmt |
| Other Decreases | $17,280 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $84,538,378 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (6 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| 2,134,000 SHR Accredited Mortgage Loan Trust Ser 2005-4 CL M1 | D | 2013-12-27 | 2016-06-16 | $1,749,976 | $538,835 | $1,211,141 | $1,211,141 |
| GAIN due to merge of cAPE BANCORP INC | D | 2012-12-19 | 2016-05-03 | $33,453 | $33,453 | $33,453 | |
| GAIN due to merge of 200,000 OCEAN SHORE HOLDING | D | 2012-12-28 | 2016-12-02 | $870,000 | $870,000 | $870,000 | |
| disposition of Ellington housing inc. | P | 2013-01-31 | 2016-10-14 | $376,633 | $431,784 | -$55,151 | -$55,151 |
| return of principal | D | $83,113 | $83,113 | $0 | $0 | ||
| ocean first financial corp-cil | D | $6 | $6 | $6 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $2,059,449 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | 0 | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $13,609,947 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $50,195,811 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.271137 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $8,955,930 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $19,538,080 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.458383 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $9,925,509 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $13,125,984 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.756173 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $4,568,878 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $5,381,707 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.848964 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $3,340,140 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $3,749,548 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.890811 | DistributionYr5Rt |
| Total Distribution | 3.225468 | TotalDistributionRt |
| Average Distribution | 0.645094 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $51,583,237 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $33,276,037 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $24,433 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $33,300,470 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $5,781,743 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $48,867 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $48,867 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $48,867 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $55,051 | EstimatedPlusOvpmtIncmTxAmt |
| Applied To Es Tax | $6,000 | AppliedToEsTaxAmt |
| Total Payments And Credits | $61,051 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Overpayment | $12,184 | OverpaymentAmt |
| Applied To ES Tax | $12,184 | 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 | NY | 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 |
| Individual With Books | NICOLE NADaL | IndividualWithBooksNm |
| Phone | 2127156763 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 390 Park Avenue 18th Floor | AddressLine1Txt |
| City | ny | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10022 | 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 |
|---|---|---|---|---|---|---|---|---|
| DANIEL S LOEB | ||||||||
| 390 park avenue 18th floor | NEW YORK | NY | 10022 | DIR/PRES. | 2.00 | $0 | $0 | $0 |
| CARTER POTTASH | ||||||||
| 390 park avenue 18th floor | NEW YORK | NY | 10022 | DIRECTOR | 0.50 | $0 | $0 | $0 |
| MARGARET M LOEB | ||||||||
| 390 park avenue 18th floor | NEW YORK | NY | 10022 | DIRECTOR | 2.00 | $0 | $0 | $0 |
| JOHN JOSEPHSON | ||||||||
| 390 park avenue 18th floor | NEW YORK | NY | 10022 | SECRETARY | 0.50 | $0 | $0 | $0 |
| NICOLE NADAL | ||||||||
| 390 park avenue 18th floor | NEW YORK | NY | 10022 | TREASURER | 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 | $23,773,901 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $9,671,128 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $18,923,740 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $52,368,769 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $52,368,769 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $785,532 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $51,583,237 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $2,579,162 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $2,579,162 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $48,867 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $48,867 | TotalTaxAmt |
| Distributable Before Adj | $2,530,295 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $2,530,295 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $2,530,295 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $5,781,743 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $5,781,743 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $5,781,743 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $2,530,295 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $3,340,140 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $4,568,878 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $9,289,084 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $8,162,732 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $11,284,627 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $36,645,461 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $5,781,743 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $2,530,295 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $3,251,448 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $39,896,909 | 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 | $3,340,140 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $36,556,769 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $4,568,878 | ExcessFromYear4Amt |
| Excess From Year3 | $9,289,084 | ExcessFromYear3Amt |
| Excess From Year2 | $8,162,732 | ExcessFromYear2Amt |
| Excess From Year1 | $11,284,627 | ExcessFromYear1Amt |
| Excess From Current Year | $3,251,448 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | DANIEL S LOEB | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (42 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line2RecipientUSAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|---|---|
| 92nd Street Y | ||||||||
| 1395 Lexington Ave | New York | NY | 10128 | NONE | EXEMPT | CHARITABLE | $10,000 | |
| Alvin Ailey Dance Foundation | ||||||||
| 405 West 55th Street | New York | NY | 101021956 | NONE | EXEMPT | CHARITABLE | $10,000 | |
| Alzheimer's Drug Discovery | ||||||||
| 57 West 57th Street Suite 904 | New York | NY | 10019 | NONE | EXEMPT | CHARITABLE | $15,000 | |
| American Friends of the Israel Museum | ||||||||
| 500 Fifth Avenue Suite 2540 | New York | NY | 10110 | NONE | EXEMPT | CHARITABLE | $5,000 | |
| American Museum of Natural History | ||||||||
| Central Park West 79th Street | New York | NY | 100245192 | NONE | EXEMPT | CHARITABLE | $10,000 | |
| Arts Connection | ||||||||
| 520 8th Ave 321 | New York | NY | 10018 | NONE | EXEMPT | CHARITABLE | $5,000 | |
| Aspen Center for Environmental Studies | ||||||||
| 100 Puppy Smith St | ASPEN | CO | 81611 | NONE | EXEMPT | CHARITABLE | $7,500 | |
| Aspen Valley Ski-Snowboard Club | ||||||||
| 300 AVSC Drive | ASPEN | CO | 81611 | NONE | EXEMPT | CHARITABLE | $34,000 | |
| Bent on Learning | ||||||||
| 826 Broadway Suite 413 | New York | NY | 10003 | NONE | EXEMPT | CHARITABLE | $5,000 | |
| Birthright Israel Foundation | ||||||||
| 33 East 33rd Street 7th Floor | New York | NY | 10016 | NONE | EXEMPT | CHARITABLE | $10,000 | |
| Breast Cancer Research Foundation | ||||||||
| 60 East 56th Street 8th Floor | New York | NY | 10022 | NONE | EXEMPT | CHARITABLE | $5,000 | |
| Brennan Center for Justice | ||||||||
| 161 Avenue of the Americas 12 Floor | New York | NY | 10013 | NONE | EXEMPT | CHARITABLE | $75,000 | |
| Brown University | ||||||||
| PO Box 1893 | Providence | RI | 029129936 | NONE | EXEMPT | CHARITABLE | $50,000 | |
| Center for Jewish History | ||||||||
| 15 West 16th Street | New York | NY | 10011 | NONE | EXEMPT | CHARITABLE | $10,000 | |
| Children of Bellevue | ||||||||
| 462 First Avenue ME-15 | New York | NY | 10016 | NONE | EXEMPT | CHARITABLE | $2,500 | |
| Children's Cancer & Blood Foundation | ||||||||
| 333 East 38th Street Suite 830 | New York | NY | 10016 | NONE | EXEMPT | CHARITABLE | $5,000 | |
| Columbia University | ||||||||
| 622 West 113th Street Mail Code | New York | NY | 10025 | NONE | EXEMPT | CHARITABLE | $200,000 | 4524 |
| Drawing Center | ||||||||
| 12 Desbrosses Street | New York | NY | 10013 | NONE | EXEMPT | CHARITABLE | $2,500 | |
| East Harlem Tutorial Program | ||||||||
| 2050 Second Ave | New York | NY | 10029 | NONE | EXEMPT | CHARITABLE | $5,000 | |
| Equal Justice Initiative | ||||||||
| 122 Commerce Street | Montgomery | AL | 36104 | NONE | EXEMPT | CHARITABLE | $25,000 | |
| Great Public Schools Now | ||||||||
| 11858 La Grange Ave 1st Floor | Los Angeles | CA | 90015 | NONE | EXEMPT | CHARITABLE | $1,000,000 | |
| Hampton Lifeguard Association | ||||||||
| 36 Talkhouse Walk | East Hampton | NY | 11937 | NONE | EXEMPT | CHARITABLE | $1,000 | |
| Harlem Children's Zone | ||||||||
| 162 West 56th Street Suite 405 | New York | NY | 10019 | NONE | EXEMPT | CHARITABLE | $25,000 | |
| Harlem RBI | ||||||||
| 333 East 100th Street | New York | NY | 10029 | NONE | EXEMPT | CHARITABLE | $10,000 | |
| Icahn School of Medicine at Mount Sinai | ||||||||
| 770 Lexington Avenue | New York | NY | 10065 | NONE | EXEMPT | CHARITABLE | $3,000,000 | |
| Inner-City Scholarship Fund | ||||||||
| 1011 First Avenue 14th Floor | New York | NY | 100224112 | NONE | EXEMPT | CHARITABLE | $10,000 | |
| Leadership Enterprise for a Diverse America | ||||||||
| 501 Seventh Avenue 7th Floor | New York | NY | 10018 | NONE | EXEMPT | CHARITABLE | $10,000 | |
| Love Heals at Luna Farm | ||||||||
| 5 Hanover Square Suite 2103 | New York | NY | 10004 | NONE | EXEMPT | CHARITABLE | $10,000 | |
| Marshall Project The | ||||||||
| 250 West 57th Street Suite 2514 | New York | NY | 10107 | NONE | EXEMPT | CHARITABLE | $50,000 | |
| Museum of Contemporary Art | ||||||||
| 235 Bowery | New York | NY | 10002 | NONE | EXEMPT | CHARITABLE | $475,000 | |
| Museum of Jewish Heritage | ||||||||
| 36 Battery Pl | New York | NY | 10280 | NONE | EXEMPT | CHARITABLE | $12,500 | |
| MyPath | ||||||||
| 2430 Mission St | San Francisco | CA | 94110 | NONE | EXEMPT | CHARITABLE | $2,500 | |
| New 42nd Street The | ||||||||
| 229 West 42nd Street | New York | NY | 100367299 | NONE | EXEMPT | CHARITABLE | $15,000 | |
| NYC Lions Youth Football League | ||||||||
| 173 East 74th Street Apt 4C | New York | NY | 10021 | NONE | EXEMPT | CHARITABLE | $2,500 | |
| Prep for Prep | ||||||||
| 328 West 71st Street | New York | NY | 10023 | NONE | EXEMPT | CHARITABLE | $500,000 | |
| President and Fellows of Harvard College | ||||||||
| 1280 Massachusetts Ave 3rd Fl | Cambridge | NY | 02138 | NONE | EXEMPT | CHARITABLE | $100,000 | |
| Printed Matter | ||||||||
| 231 11th Ave | New York | NY | 10001 | NONE | EXEMPT | CHARITABLE | $5,000 | |
| Provide Inc | ||||||||
| 47 Thorndike Street | Cambridge | MA | 02141 | NONE | EXEMPT | CHARITABLE | $10,000 | |
| Public Theater | ||||||||
| 425 Lafayette Street | New York | NY | 10003 | NONE | EXEMPT | CHARITABLE | $15,000 | |
| Sponsors for Educational Opportunity | ||||||||
| 55 EXCHANGE PLACE SUITE 601 | NEW YORK | NY | 10005 | NONE | EXEMPT | CHARITABLE | $5,000 | |
| Venice Family Clinic | ||||||||
| 2509 PICO BLVD | venis | CA | 90291 | NONE | EXEMPT | CHARITABLE | $5,000 | |
| Queens Sickle Cell Advocacy Network Inc | ||||||||
| 207-8 HOLLIS AVE | QUEENS VILLAGE | NY | 11429 | NONE | EXEMPT | CHARITABLE | $2,500 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $5,757,500 | 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) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $103 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $402,945 | ExclusionAmt |
Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 01 | ExclusionCd |
| Exclusion | $3,711 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $1,393,571 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $1,800,330 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $1,800,330 | 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 |
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 |
|---|---|---|---|---|---|---|---|
| DANIEL S LOEB | |||||||
| 1 | 15 central park west ph39 | NEW YORK | NY | 10023 | $3,008,500 | Yes (X) | |
| DANIEL S LOEB | |||||||
| 2 | 15 central park west ph39 | NEW YORK | NY | 10023 | $40,000,000 | Yes (X) | |
| dANIEL S LOEB | |||||||
| 3 | 15 central park west ph39 | nEW YORK | NY | 10023 | $42,042 | Yes (X) | |
Non Cash Property Contribution NonCashPropertyContributionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 3 | ContributorNum |
| Noncash Property | 334 sHARES Facebook Inc | NoncashPropertyDesc |
| Fair Market Value | $42,042 | FairMarketValueAmt |
| Received | 2016-08-30 | ReceivedDt |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $17,500 | Amt |
| Net Investment Income | $8,750 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $8,750 | DisbursementsCharitablePrpsAmt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (6 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| 2,134,000 Accredited Mortgage Loan Trust Ser 2005-4 CL M1;CUSIP#004375-EK-3 | $0 | $0 |
| 187,612 Master Adjustable Rate Mortgage Tr.Ser 2007-R5;CUSIP#57645W-AA-8 | $108,209 | $137,264 |
| 221,439 RESIDENTIAL ACCREDIT LOAN INC 2006 A1;CUSIP#74922NAA7 | $141,990 | $180,785 |
| 264,868 CITIGROUP MORTGAGE LOAN TRUST SER 07-6 CL 1A1A;CUSIP#17312VAA6 | $173,189 | $213,230 |
| 418,324 Bear Stearns Alt-A Trust 2006-1 CL 21A2;CUSIP#07386H-B8-3 | $245,021 | $306,159 |
| 44,666 Wachovia Mortgage Loan Trust 2006 AMN1 CL A1;cusip#92978e-aa-2 | $17,045 | $25,849 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (13 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| 150,000 CHARTER FINANCIAL CORPORATION CUSIP#16122W-10-8 CHFN | $1,717,500 | $2,500,500 |
| 200,000 Ocean Shore holding Co.;CUSIP#67501R-10-3 | $0 | $0 |
| 202,818 OCEAN FIRST FINANCIAL CORP | $3,032,048 | $6,090,625 |
| 292,740 WATERSTONE FINANCIAL INC NEW CUSIP#94188P-10-1 WSBF | $3,751,463 | $5,386,416 |
| 300,000 NORTHFIELD BANCORP INC CUSIP#66611T-10-8 NFBK | $4,393,500 | $5,991,000 |
| 50,000 Oritani Financial CorporatION;CUSIP#68633D-10-3 | $743,000 | $937,500 |
| 14,868 SHRS cape bancorp inc. | $0 | $0 |
| 47,653 shrs Ziopharm Oncology Inc | $485,353 | $254,944 |
| 4,928 shrs Etsy Inc | $50,303 | $58,052 |
| 150,000 Beneficial Bancorp Inc | $2,023,500 | $2,760,000 |
| 100.000 Clifton Bancorp Inc | $1,449,500 | $1,692,000 |
| 150,000 Kearny Financial Corp/MD | $1,932,000 | $2,332,500 |
| 334 shrs FACEBOOK INC | $42,042 | $38,427 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (3 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| INV.IN ARAVT GLOBAL FUND LTD (3,000 SHRS) | AT COST | $3,000,000 | $2,728,518 |
| INV.IN ELLINGTON HOUSING INC.(100,000 SHRS) | AT COST | $0 | $0 |
| INV.IN THIRD POINT ULTRA LTD | AT COST | $11,500,000 | $16,295,804 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | legal FEES | CategoryTxt |
| Legal Fees | $20,821 | LegalFeesAmt |
| Net Investment Income | $10,411 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $10,410 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (2 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| OTHER RECEIVABLES | $15,013 | $0 | $0 |
| other RECEIVABLES-contribution not cleared at the bank as of 12/31/2016 | $0 | $40,000,000 | $40,000,000 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER BOOK ADJUSTMENTS | Desc |
| Amt | $17,280 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| NYs filing fee | $2,250 | $0 | $2,250 |
| membership/registration fees | $750 | $0 | $750 |
| oFFICE sUPPLIES | $656 | $0 | $656 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | other income | Desc |
| Revenue And Expenses Per Books | $3,711 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $3,711 | AdjustedNetIncomeAmt |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | other liabilities | Desc |
| BOY Book Value | $0 | BOYBookValueAmt |
| EOY Book Value | $17,500 | EOYBookValueAmt |
Comments