RAYMOND DEBBANE FAMILY FOUNDATION: Form 990PF, tax year 2015
View the entire original 990 at ProPublica ↗
- Organization
- RAYMOND DEBBANE FAMILY FOUNDATION (EIN 13-4053653)
- Tax period
- 2015-03-01 to 2016-02-28
- Filed
- 2017-01-17
- IRS object ID
- 201730179349100403
- Schema version
- 2015v3.0
- 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
- Depreciation Schedule
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Investments Other Schedule2
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2017-01-17T09:53:19-06:00 | ReturnTs |
| Tax Period End | 2016-02-28 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PricewaterhouseCoopers LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 300 MADISON AVENUE | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10017 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2015-03-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 134053653 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE RAYMOND DEBBANE FAMILY FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % RAYMOND DEBBANE | InCareOfNm |
| Business Name Control | RAYM | BusinessNameControlTxt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | c/o the Invus Group LLC | AddressLine1Txt |
| City | New York | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10022 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | RAYMOND DEBBANE | PersonNm |
| Person Title | OFFICER | PersonTitleTxt |
| Phone | 2123711717 | PhoneNum |
| Signature | 2016-10-17 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | EVELYN M CAPASSAKIS | PreparerPersonNm |
| PTIN | P00737438 | PTIN |
| Phone | 6464713000 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2015 | 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 | $19,224,753 | 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 | $0 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $17,387 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $17,387 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $112,552 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $112,552 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $201,301 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $3,816,028 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $201,301 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | -$91,991 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | -$91,991 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $239,249 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $239,249 | TotalNetInvstIncmAmt |
| Accounting Fees Rev And Expnss | $40,320 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $20,160 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $20,160 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $16,778 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $16,778 | OtherProfFeesNetInvstIncmAmt |
| Interest Rev And Expnss | $261 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $261 | InterestNetInvstIncmAmt |
| Taxes Rev And Expnss | $68,532 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $3,532 | TaxesNetInvstIncmAmt |
| Printing And Pub Rev And Expnss | $145 | PrintingAndPubRevAndExpnssAmt |
| Printing And Pub Dsbrs Chrtbl | $145 | PrintingAndPubDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $38,195 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $37,445 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $750 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $164,231 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $78,176 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $21,055 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $3,334,878 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $3,334,878 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $3,499,109 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $78,176 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $3,355,933 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$3,259,860 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $161,073 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $653,350 | CashBOYAmt |
| Cash EOY | $1,072,196 | CashEOYAmt |
| Cash EOYFMV | $1,072,196 | CashEOYFMVAmt |
| US Government Obligations BOY | $560,243 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $560,243 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $610,173 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $1,260,931 | CorporateStockBOYAmt |
| Corporate Stock EOY | $1,260,639 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $2,012,859 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $16,538,564 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $12,858,858 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $15,529,525 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $19,013,088 | TotalAssetsBOYAmt |
| Total Assets EOY | $15,751,936 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $19,224,753 | TotalAssetsEOYFMVAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Capital Stock BOY | $19,013,088 | CapitalStockBOYAmt |
| Capital Stock EOY | $15,751,936 | CapitalStockEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $19,013,088 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $15,751,936 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $19,013,088 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $15,751,936 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $19,013,088 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$3,259,860 | ExcessRevenueOverExpensesAmt |
| Subtotal | $15,753,228 | SubtotalAmt |
| Other Decreases | $1,292 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $15,751,936 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (6 entries)
| PropertyPropertyDesc | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | AcquiredAcquiredDt | SoldSoldDt | How AcquiredHowAcquiredCd |
|---|---|---|---|---|---|---|---|
| 212,627.000 SHS JPM SHORT DURATION BD FD - SEL FUND 3133 | $2,315,000 | $2,311,314 | $3,686 | $3,686 | |||
| 46,125.000 SHS JPM SHORT DURATION BD FD - SEL FUND 3133 | $500,000 | $501,384 | -$1,384 | -$1,384 | |||
| FIVE MILE CAPITAL STRUCTURED INCOME FUND LP | $286 | $0 | $286 | $286 | 2013-01-01 | 2015-12-31 | |
| ISHANGO PRIVATE INVESTMENT FUND, LP | $0 | $1,484 | -$1,484 | -$1,484 | 2014-01-01 | 2015-12-31 | |
| 9,345.000 SHS SPDR GOLD | $997,747 | $800,545 | $197,202 | $197,202 | |||
| CAPITAL GAIN DIVIDENDS | $2,995 | P |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $201,301 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $2,269,508 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $18,086,772 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.125479 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $1,976,760 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $21,604,339 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.091498 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $1,504,869 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $11,542,517 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.130376 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $1,874,731 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $8,308,020 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.225653 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $1,402,002 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $8,979,751 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.156129 | DistributionYr5Rt |
| Total Distribution | 0.729135 | TotalDistributionRt |
| Average Distribution | 0.145827 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $20,498,822 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $2,989,282 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $1,611 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $2,990,893 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $3,355,933 | 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 | $1,611 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $1,611 | SubtotalAmt |
| Tax Based On Investment Income | $1,611 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $15,911 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $15,911 | TotalPaymentsAndCreditsAmt |
| Overpayment | $14,300 | OverpaymentAmt |
| Applied To ES Tax | $14,300 | AppliedToESTaxAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | NY | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RAYMOND DEBBANE | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2123711717 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | C/O THE INVUS GROUP LLC 750 LEX AV | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10022 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Undistr Incm Sect4942a2 Not App | false | UndistrIncmSect4942a2NotAppInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt |
|---|---|---|---|---|---|---|
| RAYMOND DEBBANE | ||||||
| c/o the Invus Group LLC | New York | NY | 10022 | PRESIDENT | 1.0 | $0 |
| SACHA LAINOVIC | ||||||
| c/o the Invus Group LLC | New York | NY | 10022 | TREASURER | 1.0 | $0 |
| JESSICA PACKER | ||||||
| c/o the Invus Group LLC | New York | NY | 10022 | SECRETARY | 1.0 | $0 |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | THE FOUNDATION IS NOT INVOLVED IN ANY CHARITABLE ACTIVITIES. ITS PRIMARY PURPOSE IS TO SUPPORT, BY CONTRIBUTIONS, OTHER CHARITABLE ORGANIZATIONS (PUBLIC CHARITIES). | Description1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sum Of Program Related Invst | SumOfProgramRelatedInvstGrp |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $17,022,176 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $310,995 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $3,477,816 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $20,810,987 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $20,810,987 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $312,165 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $20,498,822 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $1,024,941 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $1,024,941 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $1,611 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $1,611 | TotalTaxAmt |
| Distributable Before Adj | $1,023,330 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $1,023,330 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $1,023,330 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $3,355,933 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $0 | CharitableAssetsAcquisPaidAmt |
| Set Aside Suitability Test | $0 | SetAsideSuitabilityTestAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $3,355,933 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $1,611 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $3,354,322 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $1,023,330 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Prior Year1 | 2013 | PriorYear1Yr |
| Prior Year2 | 2012 | PriorYear2Yr |
| Prior Year3 | 2011 | PriorYear3Yr |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $958,386 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $1,464,618 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $936,115 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $4,731,731 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $9,516,990 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $17,607,840 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $3,355,933 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Current Year | $1,023,330 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $2,332,603 | RemainingDistriFromCorpusAmt |
| Total Corpus | $19,940,443 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov From Yr5 | $958,386 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $18,982,057 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $1,464,618 | ExcessFromYear4Amt |
| Excess From Year3 | $936,115 | ExcessFromYear3Amt |
| Excess From Year2 | $4,731,731 | ExcessFromYear2Amt |
| Excess From Year1 | $9,516,990 | ExcessFromYear1Amt |
| Excess From Current Year | $2,332,603 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | RAYMOND DEBBANE CO THE INVUS GROU | ContributingManagerNm |
| Contributing Manager | 750 LEXINGTON AVENUE | ContributingManagerNm |
| Contributing Manager | NEW YORK NY 10022-2050 | ContributingManagerNm |
| Shareholder Manager | NONE | ShareholderManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (24 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line2RecipientUSAddress/AddressLine2Txt | Address Line1RecipientForeignAddress/AddressLine1Txt | CityRecipientForeignAddress/CityNm | CountryRecipientForeignAddress/CountryCd |
|---|---|---|---|---|---|---|---|---|---|---|---|
| CATHOLIC SCHOOLS ASSISTANCE FUND | |||||||||||
| 111 SOUTH CHURCH AVENUE | TUCSON | AZ | 85701 | NONE | PC | EDUCATIONAL AND RELIGIOUS BENEFITS FOR CHILDREN | $250,000 | ||||
| RONALD MCDONALD HOUSE CHARITIES | |||||||||||
| ONE KROC DRIVE | OAK BROOK | IL | 60523 | NONE | PC | SUPPORT OF CHILDHOOD WELFARE | $10,000 | ||||
| ACTION AGAINST HUNGER USA | |||||||||||
| 247 WEST 37TH STREET | NEW YORK | NY | 10018 | NONE | PC | FURTHER THE IDEAS OF SAVING THE LIVES OF MALNOURISHED CHILDREN AND THEIR FAMILIES WHILE ENSURING ACCESS TO SAFE WATER AND SUSTAINABLE SOLUTIONS TO HUNGER. | $104,878 | 10TH FLOOR | |||
| STANFORD UNIVERSITY | |||||||||||
| 518 MEMORIAL WAY | STANDFORD | CA | 943055009 | NONE | PC | EDUCATION | $20,000 | ||||
| FRENCH INSTITUTE - ALLIANCE FRANCAISE | |||||||||||
| 222 EAST 60TH STREET | NEW YORK | NY | 10022 | NONE | PC | SUPPORT OF AND PROMOTION OF THE FRENCH LANGUAGE AND CULTURE | $10,000 | ||||
| TFL US INC | |||||||||||
| 14 EAST 4TH ST | NEW YORK | NY | 10012 | NONE | PC | Carry out fundraising activities in the US in support of improved local education in Lebanon, for the purpose of providing grants to Teach For Lebanon. | $40,000 | APT 807 | |||
| EPARCHY OF SAINT MARON OF BROOKLYN | |||||||||||
| 109 REMSEN STREET | BROOKLYN | NY | 112014212 | NONE | PC | RELIGIOUS SUPPORT | $15,000 | ||||
| CATO INSTITUTE | |||||||||||
| 1000 MASSACHUSETTS AVENUE NW | WASHINGTON | DC | 20001 | NONE | PC | To broaden the parameters of public policy debate to allow consideration of more options that are consistent with the traditional American principles of limited government, individual liberty, and peace. | $50,000 | ||||
| CEMEDE (CENTER FOR EURO-MED DEVELOPMENT) | |||||||||||
| NONE | PC | PROMOTION OF SUSTAINABLE DEVELOPMENT, URBAN PLANNING, ENVIRONMENTAL PROTECTION AND OTHER AREAS. | $1,350,000 | 186 AVENUE FLOREAL 1180 | BRUSSELS | BE | |||||
| RENE MOAWAD FOUNDATION | |||||||||||
| 3231 STREET NW | WASHINGTON | DC | 20007 | NONE | PC | PROMOTE SUSTAINABLE HUMAN DEVELOPMENT | $10,000 | 2ND FLOOR | |||
| AMERICAN UNIVERSITY OF BEIRUT | |||||||||||
| 3 Dag Hammarskjold Plaza 8TH FLOOR | NEW YORK | NY | 100172303 | NONE | PC | TO PROVIDE EXCELLENCE IN EDUCATION, TO PARTICIPATE IN THE ADVANCEMENT OF KNOWLEDGE THROUGH RESEARCH, AND TO SERVE THE PEOPLES OF THE MIDDLE EAST AND BEYOND | $25,000 | ||||
| DRUG FREE LEBANON INC | |||||||||||
| 905 FALLSCROFT WAY | TIMONIUM | MD | 21093 | NONE | PC | TO PROMOTE AND PROVIDE EDUCATIONAL MATERIALS AND INFORMATION ON ISSUES OF SUBSTANCE ABUSE IN LEBANON, FACILITATING THE EXCHANGE OF EXPERTISE AND TRAINING BETWEEN THE UNITED STATES AND LEBANON | $275,000 | ||||
| FOOD ALLERGY RESEARCH & EDUCATION | |||||||||||
| 7925 JONES BRANCH DRIVE SUITE 1100 | MCLEAN | VA | 22102 | NONE | PC | TO ENSURE THE SAFETY AND INCLUSION OF INDIVIDUALS WITH FOOD ALLERGIES WHILE SEEKING A CURE | $15,000 | ||||
| INDEPENDENT INSTITUTE | |||||||||||
| 100 SWAN WAY | OAKLAND | CA | 94621 | NONE | PC | TO ADVANCE PEACEFUL, PROSPEROUS, AND FREE SOCIETIES GROUNDED IN A COMMITMENT TO HUMAN WORTH AND DIGNITY | $50,000 | ||||
| JAM HOUR ALUMNI US INCORPORATED | |||||||||||
| 500 FIFTH AVENUE 21ST FLOOR NO 211 | NEW YORK | NY | 10110 | NONE | PC | TO FUND SCHOLARSHIPS FOR THE BENEFIT OF STUDENTS AT NOTRE DAME OF JAMHOUR SCHOOL WHO WISH TO ATTEND THIS SCHOOL BUT CANNOT AFFORD THE TUITION AND ALSO TO ASSIST THE SCHOOL | $40,000 | ||||
| KARUNA-SHECHEN USA | |||||||||||
| 109 MOWBRAY DRIVE | KEW GARDENS | NY | 11415 | NONE | PC | TO PROVIDE HEALTHCARE, EDUCATION, AND SOCIAL SERVICES FOR THE UNDER-SERVED POPULATIONS OF INDIA, NEPAL, AND TIBET | $100,000 | ||||
| KUWAIT-AMERICA FOUNDATION | |||||||||||
| 2021 MASSACHUSETTS AVE NW | WASHINGTON | DC | 20036 | NONE | PC | TO SUPPORT EDUCATIONAL AND PHILANTHROPIC ACTIVITIES IN AMERICA RESULTING IN A GREATER UNDERSTANDING OF THE CULTURE AND HISTORY OF KUWAIT | $25,000 | ||||
| MERCATUS CENTER INC | |||||||||||
| 3301 N FAIRFAX DRIVE SUITE 450 | ARLINGTON | VA | 22201 | NONE | PC | TO GENERATE KNOWLEDGE AND UNDERSTANDING OF THE INSTITUTIONS THAT AFFECT THE FREEDOM TO PROSPER, AND TO FIND SUSTAINABLE SOLUTIONS THAT OVERCOME BARRIERS PREVENTING INDIVIDUALS FROM LIVING FREE, PROSPEROUS, AND PEACEFUL LIVES | $100,000 | ||||
| SAINT BASIL SEMINARY | |||||||||||
| 195 GLENBROOK ROAD | STAMFORD | CT | 06902 | NONE | PC | TO SUPPORT SPIRITUAL, HISTORICAL, AND CULTURAL DEVELOPMENT | $10,000 | ||||
| SAVING THE NEXT GENERATION FOUNDATION | |||||||||||
| 641 LEXINGTON AVENUE | NEW YORK | NY | 10022 | NONE | PC | TO PROVIDE SCHOLARSHIPS TO LEBANESE HIGH SCHOOL STUDENTS | $60,000 | ||||
| THE AMERICAN FOUNDATION FOR ST GEORGE HOSPITAL INC | |||||||||||
| PO BOX 2285 | FAIRFAX | VA | 22031 | NONE | PC | TO IMPROVE FACILITIES | $15,000 | ||||
| CLES (LEBANESE CENTER FOR SPECIAL EDUCATION) | |||||||||||
| NONE | PC | To help, free of charge, children who are learning disabled. | $700,000 | BNP PARIBAS FORTIS | BRUSSELS | BE | |||||
| SEAL (SOCIAL AND ECONOMIC ACTION FOR LEBANON) | |||||||||||
| 525 PARK AVENUE SUITE 5N | NEW YORK | NY | 10065 | NONE | PC | TO SUPPORT ACTION AGAINST THE SEVERE SOCIAL AND ECONOMIC PROBLEMS FACING POST-WAR LEBANON | $10,000 | ||||
| ST JOHN PAUL II LIFE CENTER | |||||||||||
| 1600 WEST 38TH STREET SUITE 110 | AUSTIN | TX | 78731 | NONE | PC | TO HELP BUILD A CULTURE OF LIFE THROUGH MEDICAL CARE AND EDUCATIONAL PROGRAMS | $50,000 | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $3,334,878 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fees Contracts From Govt Ag | FeesContractsFromGovtAgGrp | |
| Membership Dues And Assmnt | MembershipDuesAndAssmntGrp |
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $17,387 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $112,552 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Rntl Incm Re Debt Fincd Prop | NetRntlIncmReDebtFincdPropGrp | |
| Net Rntl Incm Re Not Debt Fincd Prop | NetRntlIncmReNotDebtFincdProp | |
| Net Rental Income Personal Prop | NetRentalIncomePersonalPropGrp | |
| Other Investment Incm Part VII | OtherInvestmentIncmPartVIIGrp |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $201,301 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Other Revenue Described OtherRevenueDescribedGrp (2 entries)
| DescDesc | Unrelated Business Taxbl IncmUnrelatedBusinessTaxblIncmAmt | ExclusionExclusionCd |
|---|---|---|
| ORDINARY INCOME/(LOSS) | -$92,704 | 18 |
| FX GAIN/(LOSS) | $713 | 18 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | -$91,991 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $331,240 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $239,249 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | TAX PREP FEES | CategoryTxt |
| Amt | $40,320 | Amt |
| Net Investment Income | $20,160 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $20,160 | DisbursementsCharitablePrpsAmt |
Depreciation Schedule DepreciationSchedule
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | CB CAPITAL ADVISORS LLC (SEC.) | StockNm |
| EOY Book Value | $1,260,639 | EOYBookValueAmt |
| EOYFMV | $2,012,859 | EOYFMVAmt |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $560,243 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $610,173 | USGovtObligationsEOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (7 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| FMC STRUCTURED INCOME FUND LP | AT COST | $317,269 | $176,092 |
| CIM DIVIDEND INCOME FUND | AT COST | $2,454,210 | $2,907,370 |
| CB CAPITAL SWISS ACCOUNT | AT COST | $90,663 | $134,486 |
| CB CAPITAL EURO ACCOUNT | AT COST | $184,892 | $296,394 |
| SDTR TRUST - GLD | AT COST | $5,864,154 | $8,121,507 |
| JPM SHORT DURATION BD FD - SEL | AT COST | $3,155,702 | $3,147,042 |
| ISHANGO PRIVATE INV FUND LP | AT COST | $791,968 | $746,634 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER CURRENT PERIOD ADJUSTMENT | Desc |
| Amt | $1,292 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (4 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| BANK FEES - INTERAUDI BANK | $28 | $28 | |
| FMC STRUCTURED INCOME FUND LP | $2,827 | $2,827 | |
| ISHANGO PRIVATE INV FUND LP | $34,590 | $34,590 | |
| NYS DEP. OF LAW (FORM CHAR500) | $750 | $750 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| ORDINARY INCOME/(LOSS) - ISHANGO | -$92,704 | -$92,704 |
| FX GAIN/(LOSS) | $713 | $713 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | MANAGEMENT FEES (CB CAPITAL) | CategoryTxt |
| Amt | $16,778 | Amt |
| Net Investment Income | $16,778 | NetInvestmentIncomeAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| CB CAPITAL ADVISORS (FTC) | $3,353 | $3,353 |
| FEDERAL TAX PAYMENT | $65,000 | |
| ISHANGO PRIVATE INV FUND (FTC) | $179 | $179 |
Comments